**Hot Stocks to invest in right now** - 2005 HOT STOCKS to be posted shortly..

[Aleem]

Shoppers Drug Mart - SC.TSX
(Up over 25% since I recommended it in July 2003)

Up another 15% as of Oct 14, 2003

Bombardier - BBD.B - TSX
(Up 75% in total, since I recommended it in July 2003)


Mountain Province Diamonds - MPV.TSX
(Up 45% in one day (July 31), and over 60% in one week (week of July 28) since I recommended it.)

Up 20% today (October 14, 2003)

UP AN INCREDIBLE 30% in ONE DAY (November 20, 2003), See for yourself

http://ca.finance.yahoo.com/q?s=MPV.TO&d=c...1d&l=on&z=m&q=l (http://ca.finance.yahoo.com/q?s=MPV.TO&d=c&k=c1&a=v&p=s&t=1d&l=on&z=m&q=l)

Hip Interactive - HP.TSX

Recommeded on 11/26/03. Current Price (11/26/03) - $3.47 (Cdn)

**Aleem's TOP Picks for 2004 - Recommended on Dec 31, 2003:**

Large cap companies:
General Electric @ $30 (US) - GE.NYSE
Pfizer @ $30 (US) - PFE.NYSE

Speculative, small cap companies:
CSI Wireless - CSY.TSX
(CSI - Up 75% as of March 2, 2004)
Forzani Group - FGL.TSX
Inex Pharmaceuticals - IEX.TSX
(IEX - Up 20% as of March 3, 2004)
Cumberland Reseources - CBD.TSX

[JustMike]

Do you have any basis for this recommendation?

[Ragnarok0T5]

and how bout some reasons too?

[Kursor17]

He used a dartboard, ok :shock:

[Aleem]

SC - Very strong record breaking 2nd quarter earnings, new stores opening across Canada, and expansions in others and easy potential for this to go over $30 by 12/31/03.

BBD.B - Updated target prices by RBC Capital and BMO Nesbitt Burns (read recent reports on line), increased momentum in the aerospace sector and strong underlying financials.

MPV - Kelvin Lake and Faraday results expected on MPV's diamonds, as is a buyout from Debeers. A strong undervalued play. This will be Canada's next diamond mine.


Three solid stocks, that provide stability and the potential to outperform the market in the short and long term.


Always do your own DD (including Zippidy as well).

[JustMike]

And they're always completely independent of the fact that they themselves have just invested in that company and want others to do the same.

I didn't want to jump to conclusions :)

[Immortal]

I agree on bombardier but the others I haven't looked at yet.

What do u think of 3m?

[B40]

Do you have any basis for this recommendation?

Basis = He owns the stock and wants you to buy so the prices increas (although realistically they won't impact the market)

[B40]

SC - Very strong record breaking 2nd quarter earnings, new stores opening across Canada, and expansions in others and easy potential for this to go over $30 by 12/31/03.

BBD.B - Updated target prices by RBC Capital and BMO Nesbitt Burns (read recent reports on line), increased momentum in the aerospace sector and strong underlying financials.

MPV - Kelvin Lake and Faraday results expected on MPV's diamonds, as is a buyout from Debeers. A strong undervalued play. This will be Canada's next diamond mine.


Three solid stocks, that provide stability and the potential to outperform the market in the short and long term.


Always do your own DD (including Zippidy as well).

Some comments

BBD - Don't trust analyst and a price upgrade is not enough for me to make a purchase - what's in the research reports?? Although I do like what Tellier's doing, I liked the stock more in the $3 range.

MPV - Still got a sour aftertaste from Bre-X

[B40]

Do you have any basis for this recommendation?

Basis = He owns the stock and wants you to buy so the prices increas (although realistically they won't impact the market)

From: Aleem
To: B40
Posted: Thu Jul 24, 2003 12:04 pm
Subject: hi
you think i can REALLY move the markets by posting on this mickey-mouse board?

dumbass.

[Ragnarok0T5]

are you calling this board mickey mouse??? :lol:

[puff_daddy_58_99]

Visit www.brockfinance.com

The forum there has a lot of stock discussions. It is run by the Brock University Finance and Investment Group (of which I am president).

Some hot ones?

COB.a - Cool Brands
EFL - Electrovaya Inc.
ZL - Zarlink Semi Conductors
MEC.a - Magna Entertainment Corp

Check us out.

[B40]

Visit www.brockfinance.com

The forum there has a lot of stock discussions.  It is run by the Brock University Finance and Investment Group (of which I am president).

Some hot ones?

COB.a - Cool Brands
EFL - Electrovaya Inc.
ZL - Zarlink Semi Conductors
MEC.a - Magna Entertainment Corp

Check us out.

Can you explain your rational for purchasing Descartes systems? Do you even know what they do??

[ud666]

Usually, it's too late when you hear about the good news to get on the bandwagon.

LIke i bought ATI for $5 .70 in Feb. Today it is $15.44.8)

[ahbert]

Usually, it's  too late when you hear about the good news to get on the bandwagon.

LIke i bought ATI for $5  .70 in Feb. Today it is $15.44.8)

haha....should have bought Nortel when it was $0.50
now it is what....sth like $4??

[Kursor17]

The shoeshine boy has spoken. If you have those stocks, it's time to sell.

[puff_daddy_58_99]

Hardly. Ati will rise, as it is willing (at least in the business sense) vs. Nvidia. They will get the contract for xbox 2, which means big $ and steady stream of cash.

Nortel will rise again, IMHO. We refer to it as a fallen angel, and one that should rise again, since they have a solid buisiness model and customer base. Time will tell, however, which of us is correct!

[dekay]

Do you guys really think it's time for a bull market? Cuz from most economic data, it seems to say otherwise.

[zoro69]

The bull has been on for some time now :) As for hot stocks right now, QLT has been the runner the past 2 days...zoro clipped .60 today :)

[wamtt]

Do you guys really think it's time for a bull market? Cuz from most economic data, it seems to say otherwise.

Well, it depends on your investment objective. If you are looking at the short term, then it may not be a good time to get in since the PE for most stock are still high when you take into the consideration of those economic factors. If the economic data are not going to improve in the near term, then there is no support for the share prices to go up, if not down. If you are looking at the long term, then there are many attractive stock out there with a lot of upside potential. If you want some excitment in the market, look no further then those internet company in the Asian Pacific market trading on the Nasdaq.

Also, if the US continues to cut interest rate, then more ppl will take there money to the stock/bond marker to try to get a better return.

[MrDisco]

ok who turned rfd into www.stockhouse.ca (http://www.stockhouse.ca) ? :P

[B40]

Hardly. Ati will rise, as it is willing (at least in the business sense) vs. Nvidia. They will get the contract for xbox 2, which means big $ and steady stream of cash.

Nortel will rise again, IMHO. We refer to it as a fallen angel, and one that should rise again, since they have a solid buisiness model and customer base. Time will tell, however, which of us is correct!

I've heard some interesting insider stories about Nortel.

[MaxPower2000]

I've heard some interesting insider stories about Nortel.

Eh, I hope you didn't buy or sell stock lately and also admit to that on a public forum.

[Feneant]

You know whats ironic, I bought ATI ... at 20$!!!!!!

And the other irony, I saw Nortel at 0.67$ but I was too afraid to buy some since I lost 75% of my portfolio since 1999. I ended up buying some, but at 3.50$ (I had some when it was still 12-15$)

I plan on selling ATI when it reaches 20$ to pay off my car, Nortel might be sold for to cover the rest and other things I need, but I might keep it a while longer since it's bound to go back to 20-30$ in a few years. What I hate is I know that these are hot stocks (for the TSX I mean), but they plunged like everything else and now even if they are going back up, all the money I make is to basically recoupe my losses... :evil:

I suck at investing, my portfolio is up around 50% this year now, but even now it's still needs to go up around 215% more for me to just break even.

[Feneant]

I've heard some interesting insider stories about Nortel.

That's the kind of things people who deal with penny stocks say to get people worried or to buy in so they can make profit. On a stock like Nortel, you saying that is like saying 'Look at me, I want attention'.

[thelefteyeguy]

Good One!

did you have some insider info on the DeBoers?

[sleepyguy]

I'm a chicken ***** for stocks :-)

I did predict that ATI would go well above $12 when it was @ $6... oh well... my mutual funds are doing ok...

[grant]

Hey Aleem, I never cut you down!! will you still give me super stock tips? :)

[JustMike]

Any new, hot tips? I've got some $$$ to burn.

[grant]

Ya my IBB money is going to clear soon, time to GAMBLE, BABY!

Last night at the play casino I ended up about 25% up. Maybe I can do that with stocks too? let's find out!

[B40]

One stock I have been following is AEL on TSX or AELA. Set to realease phase 3 results before Sept. 30 on a cancer drug.

Do your own research, make your own decision.

[j3fan]

Originally posted by Aleem@Sep 4 2003, 02:23 PM
Bombardier:
BBD.B - TSX

UP over 33% since I recommended it, to date!


^_^
And I lost a lot on BBD.B....I lost about 75% of its value and still holding on to it until hopefully it gets back to my original purchased price.....

I think I lost a good $20000 in the stock market already and I am still upbeat

[Aleem]

Originally posted by j3fan+Sep 4 2003, 04:27 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (j3fan @ Sep 4 2003, 04:27 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--Aleem@Sep 4 2003, 02:23 PM
Bombardier:
BBD.B - TSX

UP over 33% since I recommended it, to date!


^_^
And I lost a lot on BBD.B....I lost about 75% of its value and still holding on to it until hopefully it gets back to my original purchased price.....

I think I lost a good $20000 in the stock market already and I am still upbeat


[/b][/quote]
What did you pay for the Bomber, like $20 ?

[kenazo]

I picked up bbd for $3.48 in march, sold @ 4.80, it seemed to be getting stagnent a month or so ago at that point, I wish i'd held a bit longer, oh well. In the mean time it started going crazy. What was the updated expected price for BBd.b? $6?

[j3fan]

Originally posted by Aleem+Sep 4 2003, 03:42 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Aleem @ Sep 4 2003, 03:42 PM)</td></tr><tr><td id='QUOTE'>
Originally posted by -j3fan@Sep 4 2003, 04:27 PM
<!--QuoteBegin--Aleem@Sep 4 2003, 02:23 PM
Bombardier:
BBD.B - TSX

UP over 33% since I recommended it, to date!


^_^
And I lost a lot on BBD.B....I lost about 75% of its value and still holding on to it until hopefully it gets back to my original purchased price.....

I think I lost a good $20000 in the stock market already and I am still upbeat



What did you pay for the Bomber, like $20 ? [/b][/quote]
$21+.....

also bought nortel at 50+

[tweedledee]

Originally posted by JustMike@Jul 24 2003, 10:47 AM
Do you have any basis for this recommendation?
LOL.
ha ha.

how about, he currently holds stock in them right now?? couldn't hurt to hype them up on the net. it can only help them to go up.

BTW, if you're going to invest in shoppers.... then why not choose walgreens over shoppers?? walgreens is doing much better right now than shoppers.

[pato]

Originally posted by tweedledee+Sep 4 2003, 10:05 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (tweedledee @ Sep 4 2003, 10:05 PM)</td></tr><tr><td id='QUOTE'><!--QuoteBegin--JustMike@Jul 24 2003, 10:47 AM
Do you have any basis for this recommendation?
LOL.
ha ha.

how about, he currently holds stock in them right now?? couldn't hurt to hype them up on the net. it can only help them to go up.

BTW, if you're going to invest in shoppers.... then why not choose walgreens over shoppers?? walgreens is doing much better right now than shoppers.[/b][/quote]
LOL.
ha ha.

so hyping up these stocks on RF Forum is going to skyrocket the price?
again..........
LOL.
ha ha.
:rolleyes:

[Aleem]

Originally posted by pato+Sep 5 2003, 12:11 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (pato @ Sep 5 2003, 12:11 AM)</td></tr><tr><td id='QUOTE'>
Originally posted by -tweedledee@Sep 4 2003, 10:05 PM
<!--QuoteBegin--JustMike@Jul 24 2003, 10:47 AM
Do you have any basis for this recommendation?
LOL.
ha ha.

how about, he currently holds stock in them right now?? couldn't hurt to hype them up on the net. it can only help them to go up.

BTW, if you're going to invest in shoppers.... then why not choose walgreens over shoppers?? walgreens is doing much better right now than shoppers.
LOL.
ha ha.

so hyping up these stocks on RF Forum is going to skyrocket the price?
again..........
LOL.
ha ha.
:rolleyes: [/b][/quote]
ya, MY POINT EXACTLY!! Like I care if you buy 10 or 10,000 shares, it won't do much to the price in the big picture. We are just discussing here, and providing free and timely advice. Nothing more. Always do your own DD:

Tweedle-dumb!


And re. Wagreens: With over 4,000 stores in the US vs. Shoppers 850, it is of course doing better! Bigger market cap as well.

[Aleem]

Big article in today's Globe and Mail (ROB) on Canada's diamond industry, including up and comers such as Mountain Province Diamonds (MPV), that have a 44% interest in Gahcho Kue, the majority owner being the world's largest diamond company: De Beers.

[B40]

Originally posted by B40@Aug 21 2003, 02:08 PM
One stock I have been following is AEL on TSX or AELA. Set to realease phase 3 results before Sept. 30 on a cancer drug.

Do your own research, make your own decision.
Since this msg was posted Aug 21st, the price of AEL has moved from $6.70 to $8.60...

Mmmmm phase 3 results in less than 2 weeks B)

[bigredlemon]

Originally posted by ahbert@Jul 24 2003, 04:40 PM

Usually, it's *too late when you hear about the good news to get on the bandwagon.

LIke i bought ATI for&nbsp; *.70 in Feb. Today it is .44.8)

haha....should have bought Nortel when it was <!--QUOTE BOX-->.50
now it is what....sth like ??
i bought nortel at $50 ish... that was a good deal... then :angry:

[kenazo]

Frick.. I bought Stelco at 1.24, then sold @ 1.32 a half week later... I thought I was doing good. now it's up to 1.45. Oh well. A penny in the pocket...

[JustMike]

Originally posted by B40@Aug 21 2003, 01:08 PM
One stock I have been following is AEL on TSX or AELA. Set to realease phase 3 results before Sept. 30 on a cancer drug.

Do your own research, make your own decision.
I made 35% on this stock... could've made more but I got greedy and tried to wait it out. Thanks ever so much for the tip.

It's plummeting now after bad test results...

[B40]

Originally posted by JustMike+Sep 24 2003, 01:31 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (JustMike @ Sep 24 2003, 01:31 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--B40@Aug 21 2003, 01:08 PM
One stock I have been following is AEL on TSX or AELA.&nbsp; Set to realease phase 3 results before Sept. 30 on a cancer drug.

Do your own research, make your own decision.
I made 35% on this stock... could've made more but I got greedy and tried to wait it out. Thanks ever so much for the tip.

It's plummeting now after bad test results... [/b][/quote]
That's why I said do your own research. On the AEL forums I read, it was about 50/50, some believing it would be succesful, others beleiving it would fail...

[goob3r]

Originally posted by B40+Sep 24 2003, 05:52 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (B40 @ Sep 24 2003, 05:52 PM)</td></tr><tr><td id='QUOTE'>
Originally posted by -JustMike@Sep 24 2003, 01:31 PM
<!--QuoteBegin--B40@Aug 21 2003, 01:08 PM
One stock I have been following is AEL on TSX or AELA.* Set to realease phase 3 results before Sept. 30 on a cancer drug.

Do your own research, make your own decision.
I made 35% on this stock... could've made more but I got greedy and tried to wait it out. Thanks ever so much for the tip.

It's plummeting now after bad test results...
That's why I said do your own research. On the AEL forums I read, it was about 50/50, some believing it would be succesful, others beleiving it would fail...[/b][/quote]
and when it opened this morning, it was worth about 50% or the previous day! ^_^

[hammer]

stick to nt.to, will be a 10 bagger by 2005 year end...in at $2.
:P

[imwmohit]

How about SPQ (Spider Inc Resources) , its only .11 - .12 cents per share....

Is it any worth it ?

and about EFL ?? how many people has this stock, everyone saying should buy EFL, please quote is it worth it, or this company can be bought out.

What if I buy 5000 shares of EFL and if that company is bought out by HP or Toshiba or whosoever...

Will I loose all my money or what happens then ?

I guess I go banana

[JustMike]

Originally posted by goob3r@Sep 24 2003, 06:06 PM
and when it opened this morning, it was worth about 50% or the previous day! ^_^
So it's on sale :) I bought more this morning. The analysts are not overly concerned about one bad test result. Aeterna is a multi-product company unlike many other biotechs.

[JustMike]

Originally posted by imwmohit@Sep 25 2003, 12:19 AM
and about EFL ?? how many people has this stock, everyone saying should buy EFL, please quote is it worth it, or this company can be bought out.

What if I buy 5000 shares of EFL and if that company is bought out by HP or Toshiba or whosoever...

Will I loose all my money or what happens then ?
Where did you hear about this company? I cannot find any analyst information online.

If they get bought out, you will get an equivalent dollar amount of the purchasing company's stock.

[imwmohit]

EFL is a goood company, and chances are there stock will shoot up pretty soon.

I have this NT....

should I keep it, or selll it. I bough it around 5.70 or so

and it was 6.24 yesterday and I didn't sold it, i thought it will go up, but now its going down ??

So is it worth to keep that stock for a good period of time or SELL it for a short term profit

[grant]

edit: nevermind :)

[Aleem]

all 3 of my picks are close to 52 wk. highs...

[Adrian Lankosz]

I wanted to buy the nortel stock for 50 cents but didn't have the money and my mom wasn't willing to invest.

One last thing, how do you guys buy stock.
Have no experience, so some advice?

[blackhawk]

rather than posting on these "mickey mouse boards" you should be posting on forums about investing & researching stocks with your peers if this is a hobby, not on a computer forum


if this is your attitude towards the membership here then go away



'pump and dump' is generally for the penny plays but posting here can be interpreted as doing the same and simply saying you recommended a stock thats now climbed up(as have most in the past year) doesn't give you credibility other than the self promoted kind

*********stocks are promoted, not sold*******

[B40]

Originally posted by Adrian Lankosz@Oct 16 2003, 04:53 AM
I wanted to buy the nortel stock for 50 cents but didn't have the money and my mom wasn't willing to invest.

One last thing, how do you guys buy stock.
Have no experience, so some advice?
Blah...wanted to...should have...could have...would have don't mean sh*t

[sleepyguy]

Originally posted by B40+Oct 16 2003, 03:10 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (B40 @ Oct 16 2003, 03:10 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--Adrian Lankosz@Oct 16 2003, 04:53 AM
I wanted to buy the nortel stock for 50 cents but didn't have the money and my mom wasn't willing to invest.

One last thing, how do you guys buy stock.
Have no experience, so some advice?
Blah...wanted to...should have...could have...would have don't mean sh*t [/b][/quote]
Yeah... we'd all be millionaires if we "could have" and "should have"... on a another note I won 4 numbers in 649... paid for my Gamecube :)

[Aleem]

For all those that took my tip on

MPV - Mountain Province Diamonds:

back in July 2003


http://ca.finance.yahoo.com/q?s=MPV.TO&d=c...1d&l=on&z=m&q=l (http://ca.finance.yahoo.com/q?s=MPV.TO&d=c&k=c1&a=v&p=s&t=1d&l=on&z=m&q=l)


I am sure you are all happy today.

:)

[goob3r]

Originally posted by JustMike+Sep 25 2003, 10:29 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (JustMike @ Sep 25 2003, 10:29 AM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--goob3r@Sep 24 2003, 06:06 PM
and when it opened this morning, it was worth about 50% or the previous day!&nbsp; ^_^
So it's on sale :) I bought more this morning. The analysts are not overly concerned about one bad test result. Aeterna is a multi-product company unlike many other biotechs. [/b][/quote]
You still have these shares JustMike? Looked at the price for it just now and it doesn't look good. Aeterna is more of a couple product company than multi...

Gold folks, it's in a bull market right now. Hop on the gold train before it leaves without you. It brushed $400/ounce and should make a run past it soon. :P

[Dragonrana]

I hear that people are talking about stocks in this thread. There's a stock that I've bought about a month ago "the TSX Group" (the symbol is 'X' on the TSX) This stock has shot through the roof and it's still going higher. Basically, you're buying the stock exchange. Low expenses and a huge amount of cash flow. It appeared mid -late last year with a IPO of $18. And it's now just under $45. It gives $5/share dividend(emphasize is per share...heck with 100units I get a $500 dividend paid at the end of the year Dec 31) The record date is Nov 28,2003

Here's the link:$5/share dividend (http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20031028&archive=cnw&slug=1110285567)

I've heard from other business forums that there is a potential to split if it keeps on going higher in 2004. The stock might be a bit much to buy, but this stock is a keeper. Better than buying some stupid GIC. Now, I'm not trying to get people to buy this stock, you'll have to do some research and decide for yourself.

Stocks Rule!

[Vancouver 1.7EL]

Originally posted by Aleem@Nov 20 2003, 02:54 PM
For all those that took my tip on

MPV - Mountain Province Diamonds:

back in July 2003


http://ca.finance.yahoo.com/q?s=MPV.TO&d=c...1d&l=on&z=m&q=l (http://ca.finance.yahoo.com/q?s=MPV.TO&d=c&k=c1&a=v&p=s&t=1d&l=on&z=m&q=l)


I am sure you are all happy today.

:)
I wish I had bought some when you first posted about MPV when it was still less than $1. :angry:

[shneebs]

Yeah, there are ALOT of stocks performing well lately... here are a few of my success stories... (all on the TSX and all bought within the last 3-9 months)

VTN.A - (Vitran) - trucking company - bought in at $11.xx - currently at $18.xx
GBI - (Global Railway) - railway supplies - bought in $2.99 - now just a bit under $4
ANS - (Ainsworth Lumber) Oriented Strand Board (primarily) - bought in at $7, recently announced record results and hit as high as $12.50 lately, but now at $10.65 today. OSB prices are at record highs, and they are predicting an all-time record quarter for the next quarter - P/E ratio on this one currently sits at an ultra-low 1.84!!!! (as of today of course)

The stock market is interesting for sure... I call it "educated gambling". Oh, and I also owned Shoppers - bought in shortly after the IPO - paid about $18.xx and sold at $26.xx - a nice profit.

Shneebs.

[goob3r]

If you're interested in a speculative gold junior (results are supposed to be out any day now and should be good) try GIT. Could go over a dollar.

BGO has been doing extremely well and so has other juniors...

But hey, what do I know? :D

[grant]

I'm in on git, i like that name.

Aleem lay the new tips on us man!!

[goob3r]

Oops, looks like I should have checked the newswire after the markets closed yesterday...

http://www.globeinvestor.com/servlet/WireF...slug=1111204803 (http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20031120&archive=cnw&slug=1111204803)

News was released.

:lol:

[Aleem]

Originally posted by Vancouver 1.7EL+Nov 20 2003, 11:54 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Vancouver 1.7EL @ Nov 20 2003, 11:54 PM)</td></tr><tr><td id='QUOTE'><!--QuoteBegin--Aleem@Nov 20 2003, 02:54 PM
For all those that took my tip on

MPV - Mountain Province Diamonds:

back in July 2003


http://ca.finance.yahoo.com/q?s=MPV.TO&d=c...1d&l=on&z=m&q=l (http://ca.finance.yahoo.com/q?s=MPV.TO&d=c&k=c1&a=v&p=s&t=1d&l=on&z=m&q=l)


I am sure you are all happy today.

:)
I wish I had bought some when you first posted about MPV when it was still less than $1. :angry:[/b][/quote]
Vancouver:

Watch for the BIG annoucement re. MPV and De Beers next week.

I called this annoucement re. MPV and De Beers (see my previous post) months ago.

Good luck to all!


I will post my next up and coming stock to watch out for next week.

[Vancouver 1.7EL]

GGL.V looks like another potential hot stock.

Their stock trend (http://finance.yahoo.com/q/bc?s=GGL.V&t=1y&l=on&z=m&q=l&c=MPV.TO) compares quite well or better than MPV.

Any comments?

[Aleem]

My *new* stock pick as promised is:

HIP INTERACTIVE
HP.TSX

Current Price (Nov 26/03) - $3.47 (Cdn)

Hip Interactive - www.hipinteractive.com is a leading North American provider of electronic entertainment products, including PC and video games, movies, video arcade games, and proprietary games, branded as Hip Games, and accessories, branded as Hip Gear™. The Company distributes all first party products, including Sony, Microsoft and Nintendo hardware, software and accessories, as well as third party licensed video game software. Hip uses its distribution business to leverage into higher margin, higher growth areas of the electronic entertainment industry, such as licensing, publishing and the distribution of proprietary games and accessories. Hip Interactive trades on The Toronto Stock Exchange under the trading symbol "HP" and has 60,642,529 common shares issued and outstanding. .

Recently, HIP Interactrive reported their 2nd quarter earnings with a 39% increase in NET earnings

Major deals have been signed with Blockbuster Video and Wal-Mart.

As always, do your own DD.

Good luck to all.

[goob3r]

I don't know much about HIP, but what I do know is that their one product being sold at Best Buy, the controller with the LCD attatched to it for the PS2, is pretty craptastic. Very poor resolution and just utter garbage. screen text is unreadable.

[Aleem]

Originally posted by Aleem@Jul 24 2003, 11:00 AM


MPV - Kelvin Lake and Faraday results expected on MPV's diamonds, as is a buyout from Debeers. A strong undervalued play. This will be Canada's next diamond mine.

As I predicted back in July, here is the news release that I got ahead of time which is to be released Monday Dec 1, which should make for an interesting trading day!



December 1, 2003 OTCBB: MPVI
TSX: MPV
De Beers Commits to a Pre-Feasibility Study of the
Mountain Province Diamonds/De Beers Canada’s Gahcho Kue Project

Work to Start in January

Mountain Province Diamonds Inc., (the Company) is pleased to announce that it has been notified by its joint-venture partner De Beers Canada Exploration Inc. (De Beers Canada), a wholly-owned subsidiary of De Beers, that De Beers has approved the budget for an in-depth project study of the joint venture’s Hearne, 5034, and Tuzo kimberlite bodies on the AK claims located in the Northwest Territories of Canada.

This study will be of sufficient detail to allow the Gahcho Kue Project, previously known as the Kennady Lake Project, to advance to mine permitting, should the project’s profitability level support a decision to proceed to the next phase.

On July 31, 2003 the Company reported that De Beers had started work on a detailed cost estimate of a study of the joint venture’s diamond deposits at Gahcho Kue. The cost estimate of approximately C$25 million for the study was presented to the board of directors of De Beers on November 26, 2003. The De Beers board approved the budget and the study will start in January 2004.

Work will include geotechnical drilling, engineering design and environmental studies in order to finalise opencast mine design parameters, and civil geotechnical studies to allow for the design of lake dewatering dykes and mine infrastructure. The process plant, recovery and infrastructure designs will be based on De Beers Canada’s Snap Lake and Victor projects, but will not be taken to feasibility level until the project is closer to receiving permits as these estimates could change during the permitting process.

Certain activities, usually associated with a feasibility study, will be undertaken to ensure that the issues that impact on the environmental impact and permitting of a mine are thoroughly investigated.

The camp on site has been renovated and preparation work for this study is well advanced. A team will leave for the camp shortly to thicken the ice on the lake near the camp to create an ice runway so that Hercules Aircraft can land there and can fly supplies and equipment to site.

The Company is very pleased with this decision by De Beers to move ahead with this project and looks forward to the results of the study.

Mountain Province Diamonds Inc. is a diamond exploration and development company. The AK claims, located in the Northwest Territories of Canada are now held 44.1% by Mountain Province Diamonds Inc., 4.9% by Camphor Ventures (TSX-V: CFV), and 51% by De Beers Canada Exploration Inc. As reported in its news release on March 7th, 1997, Mountain Province Diamonds Inc. and its partner entered into a joint agreement with De Beers Canada Exploration Inc. formerly known as Monopros Ltd. (a wholly owned subsidiary of De Beers Consolidated Mines Limited) under which De Beers Canada Exploration Inc. has the right to earn up to a 60% interest in the AK property by taking the project to commercial production.

Jan W. Vandersande, Ph.D.
President & CEO

[Aleem]

Originally posted by Aleem@Jul 24 2003, 10:00 AM
SC - Very strong record breaking 2nd quarter earnings, new stores opening across Canada, and expansions in others and easy potential for this to go over by 12/31/03.

BBD.B - Updated target prices by RBC Capital and BMO Nesbitt Burns (read recent reports on line), increased momentum in the aerospace sector and strong underlying financials.

MPV - Kelvin Lake and Faraday results expected on MPV's diamonds, as is a buyout from Debeers. A strong undervalued play. This will be Canada's next diamond mine.


Three solid stocks, that provide stability and the potential to outperform the market in the short and long term.


Always do your own DD (including Zippidy as well).
De Beers news, as I had predicted back in July 2003 is out today (now public information)


MPV / De Beers news release issued to the public today (http://biz.yahoo.com/ccn/031201/d56d593768e683c0bbd69bf755af8827_1.html)


MPV is up to $3 today!! Did anyone buy, when I recommended this 6 months ago? If not, here is what kind of gain you missed:


MPV 6 month chart (http://ca.finance.yahoo.com/q?s=MPV.TO&d=c&k=c1&a=v&p=s&t=6m&l=on&z=m&q=l)

[the real ultimate power]

Originally posted by Aleem@Nov 26 2003, 11:04 AM
My *new* stock pick as promised is:

HIP INTERACTIVE
HP.TSX

Current Price (Nov 26/03) - $3.47 (Cdn)

Hip Interactive - www.hipinteractive.com is a leading North American provider of electronic entertainment products, including PC and video games, movies, video arcade games, and proprietary games, branded as Hip Games, and accessories, branded as Hip Gear™. The Company distributes all first party products, including Sony, Microsoft and Nintendo hardware, software and accessories, as well as third party licensed video game software. Hip uses its distribution business to leverage into higher margin, higher growth areas of the electronic entertainment industry, such as licensing, publishing and the distribution of proprietary games and accessories. Hip Interactive trades on The Toronto Stock Exchange under the trading symbol "HP" and has 60,642,529 common shares issued and outstanding. .

Recently, HIP Interactrive reported their 2nd quarter earnings with a 39% increase in NET earnings

Major deals have been signed with Blockbuster Video and Wal-Mart.

As always, do your own DD.

Good luck to all.
http://www.stockta.com/cgi-bin/analysis.pl...and=&mode=stock (http://www.stockta.com/cgi-bin/analysis.pl?symb=HP.C&num1=1&cobrand=&mode=stock)

no offense but looks kind of bearish if you ask me.

[goob3r]

Originally posted by the real ultimate power+Dec 8 2003, 11:19 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (the real ultimate power @ Dec 8 2003, 11:19 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--Aleem@Nov 26 2003, 11:04 AM
My *new* stock pick as promised is:

HIP INTERACTIVE
HP.TSX

Current Price (Nov 26/03) - $3.47 (Cdn)

Hip Interactive - www.hipinteractive.com is a leading North American provider of electronic entertainment products, including PC and video games, movies, video arcade games, and proprietary games, branded as Hip Games, and accessories, branded as Hip Gear™. The Company distributes all first party products, including Sony, Microsoft and Nintendo hardware, software and accessories, as well as third party licensed video game software. Hip uses its distribution business to leverage into higher margin, higher growth areas of the electronic entertainment industry, such as licensing, publishing and the distribution of proprietary games and accessories. Hip Interactive trades on The Toronto Stock Exchange under the trading symbol "HP" and has 60,642,529 common shares issued and outstanding. .&nbsp;

Recently, HIP Interactrive reported their 2nd quarter earnings with a 39% increase in NET earnings

Major deals have been signed with Blockbuster Video and Wal-Mart.

As always, do your own DD.&nbsp;

Good luck to all.
http://www.stockta.com/cgi-bin/analysis.pl...and=&mode=stock (http://www.stockta.com/cgi-bin/analysis.pl?symb=HP.C&num1=1&cobrand=&mode=stock)

no offense but looks kind of bearish if you ask me. [/b][/quote]
I looked it up a couple days ago, and that's what I saw too. IMO, a crappy third party manufacturer.

[zoro69]

Anyone holding RIM??? WOW

[Aleem]

Originally posted by zoro69@Dec 23 2003, 11:37 AM
Anyone holding RIM??? WOW
RRRRROlll up the RIM to win



I bought it at $8 back in 1997.

[sharkyJay]

Originally posted by Aleem+Dec 23 2003, 12:46 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Aleem @ Dec 23 2003, 12:46 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--zoro69@Dec 23 2003, 11:37 AM
Anyone holding RIM???&nbsp; WOW
RRRRROlll up the RIM to win



I bought it at $8 back in 1997. [/b][/quote]
I remembered a while back when there was an article that RIM won't be able to compete in the market due to their same size. Then the president came out and said that others don't fully understand the business of RIM. I should've read something into that.


Congrads!!!

[Aleem]

Aleem's TOP Picks for 2004:


Large cap companies:
General Electric @ $30 (US) - GE.NYSE
Pfizer @ $30 (US) - PFE.NYSE


Speculative, small cap companies:
CSI Wireless - CSY.TSX
Forzani Group - FGL.TSX
Inex Pharmaceuticals - IEX.TSX
Cumberland Reseources - CBD.TSX


Happy new year to all.

[grant]

I put in for 200 shares of HP. I'll also throw some $ into those others ones :)

[youngdoc]

SNDK - they hold patents for flash memory (NAND) and they keep having blowout quarters. This stock is a keeper until the next best thing comes.

Ask yourself, did you buy a digital camera or see one being bought? The more megapixels, the more Flash you need.

I also have a larger list, but I'm not really saying much b/c it's way too late right now. perhaps monday.

[sharkyJay]

Recently I bought a bunch of Descarte shares. Descarte provides logistic facilitation for companies transporting their goods. I am betting on improve performance based on the improving economy. As the world economy gets better companies will be shipping more. Also other finanical numbers looks pretty good, i.e. the share value are less than their book value. The reason the numbers are low is that the company haven't had any surprises or positive news lately. I believe the momentum will change.


ticker: DSG -TSX

[the real ultimate power]

[SIZE=14]HERE'S MY HOT LIST!
Criteria:

Minimum Trading Volume for the day: $10,000
Stocks trading under $5
Speculative Stocks which are generally not profitable at this time!
Oversold on Technicals

APC - APAC Minerals Inc - Last $0.64 - My Rating: "Buy"

DGL - Datec Group Ltd - Last $0.51 - My Rating: "Buy/Strong Buy" - This company is profitable

DM - Defiance Mining Corp - Last $0.45 - My Rating: "Strong Buy"

GT.A - Global Telecom Split Share Corp - Last $1.00 - My Rating: "Buy"

TGK - Trio Gold Corp - Last $0.085 - My Rating: "Buy"


Disclaimer: I am not a "Financial Analyst". This is my personal opinion. Do not invest based on these postings, but do your own DD instead before investing.

[zoro69]

Taking a flyer here, we'll see.

http://img5.photobucket.com/albums/v14/zoro69/iw.gif

[youngdoc]

Get in on Sandisk (SNDK) - they make flash and are definitely going to go up. how high? who knows.

they're a company who holds patents to flash and they also make that stuff... and they're actually earning more than wallstreet seems to predict - they've done that for at least 4 quarters in a row.... four completely stunning quarters.

65/share today.... 85 in two weeks. (or even up to 100)

...with real earnings, and not sham earnings ilke the previous tech runup.

[HughG]

I sold my Air Canada Stock on friday.

[zoro69]

NT heading for $10

http://img5.photobucket.com/albums/v14/zoro69/nt.gif

[heuer007]

that datec group went up 24% today. Always trust the mac people :D

[rurounif]

Staples stock (http://quotes.nasdaq.com/Quote.dll?page=multi&mode=stock&mode=Stock&symbol=spls&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&multi.x=83&multi.y=12) fell .20 today.

Wonder how much of that is cause by redflags <_<

[TheZodiac]

Nortel - Cisco are my picks.

[heuer007]

ya id put money into cisco and nortel now too. now with the wirless boom coming last year, this year and for some year to comes thats an entirely new market for these companies.

[heuer007]

anyone know any small cap companies that specialize in new forms of laptop batteries? im looking to invest in that. I hear future notebooks will be powered by fuel cells

[the real ultimate power]

Originally posted by heuer007@Jan 6 2004, 08:30 PM
that datec group went up 24% today. Always trust the mac people :D
yup, i told you cats first. aren't you glad you bought when i told you to?

[zoro69]

woohoo its Jan 2000 all over again!!!

GO NORTEL!

[TheZodiac]

Originally posted by zoro69@Jan 7 2004, 02:49 PM
woohoo its Jan 2000 all over again!!!

GO NORTEL!
I told ya so folks

Nortel soars 12% on Verizon deal

http://money.canoe.ca/News/Sectors/Technol.../306857-cp.html (http://money.canoe.ca/News/Sectors/Technology/Nortel/2004/01/07/306857-cp.html)

[heuer007]

Originally posted by the real ultimate power+Jan 7 2004, 03:45 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (the real ultimate power @ Jan 7 2004, 03:45 AM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--heuer007@Jan 6 2004, 08:30 PM
that datec group went up 24% today. Always trust the mac people&nbsp; :D
yup, i told you cats first. aren't you glad you bought when i told you to? [/b][/quote]
i dunno if i can trust a guy whos sig is never underestimate the power of a ninja :wacko:

[j3fan]

Originally posted by TheZodiac+Jan 7 2004, 02:05 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (TheZodiac @ Jan 7 2004, 02:05 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--zoro69@Jan 7 2004, 02:49 PM
woohoo its Jan 2000 all over again!!!

GO NORTEL!
I told ya so folks

Nortel soars 12% on Verizon deal

http://money.canoe.ca/News/Sectors/Technol.../306857-cp.html (http://money.canoe.ca/News/Sectors/Technology/Nortel/2004/01/07/306857-cp.html) [/b][/quote]
woohoo, up 21% now....but overall, i'm still losing money on this stock.....

[mrstockie]

Originally posted by Aleem@Jul 24 2003, 09:42 AM
Shoppers Drug Mart - SC.TSX
(Up over 15% since I recommended it)

Up another 15% as of Oct 14, 2003

Bombardier - BBD.B - TSX
(Up over 35% since I recommended it, as of Sept 3 2003)

Up another 25% as of Oct 14, 2003.

Mountain Province Diamonds - MPV.TSX
(Up 45% in one day (July 31), and over 60% in one week (week of July 28) since I recommended it.)

Up 20% today (October 14, 2003)

UP AN INCREDIBLE 30% in ONE DAY (November 20, 2003), See for yourself

http://ca.finance.yahoo.com/q?s=MPV.TO&d=c...1d&l=on&z=m&q=l (http://ca.finance.yahoo.com/q?s=MPV.TO&d=c&k=c1&a=v&p=s&t=1d&l=on&z=m&q=l)

Hip Interactive - HP.TSX

Recommeded on 11/26/03. Current Price (11/26/03) - $3.47 (Cdn)

**Aleem's TOP Picks for 2004:**

Large cap companies:
General Electric @ $30 (US) - GE.NYSE
Pfizer @ $30 (US) - PFE.NYSE

Speculative, small cap companies:
CSI Wireless - CSY.TSX
Forzani Group - FGL.TSX
Inex Pharmaceuticals - IEX.TSX
Cumberland Reseources - CBD.TSX
Hey Aleem Which stock should go higher now or which one to invest, your predictions are quite good....

Please suggest any ??

Also is Nortel will go any more higher now or willl now go back to 5-6 dollars again...

Thanks

Mo

[advantage21]

Originally posted by TheZodiac@Jan 7 2004, 03:05 PM
I told ya so folks

Nortel soars 12% on Verizon deal

http://money.canoe.ca/News/Sectors/Technol.../306857-cp.html (http://money.canoe.ca/News/Sectors/Technology/Nortel/2004/01/07/306857-cp.html)
Yay, that's real good news for the people who bought NT at 120 and still in the RRSPs.

[Vancouver 1.7EL]

Originally posted by advantage21+Jan 7 2004, 07:14 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (advantage21 @ Jan 7 2004, 07:14 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--TheZodiac@Jan 7 2004, 03:05 PM
I told ya so folks

Nortel soars 12% on Verizon deal

http://money.canoe.ca/News/Sectors/Technol.../306857-cp.html (http://money.canoe.ca/News/Sectors/Technology/Nortel/2004/01/07/306857-cp.html)
Yay, that's real good news for the people who bought NT at 120 and still in the RRSPs. [/b][/quote]
They will need to buy a LARGE amount to break even.

[hagbard]

Originally posted by j3fan+Jan 7 2004, 12:00 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (j3fan @ Jan 7 2004, 12:00 PM)</td></tr><tr><td id='QUOTE'>
Originally posted by -TheZodiac@Jan 7 2004, 02:05 PM
<!--QuoteBegin--zoro69@Jan 7 2004, 02:49 PM
woohoo its Jan 2000 all over again!!!

GO NORTEL!
I told ya so folks

Nortel soars 12% on Verizon deal

http://money.canoe.ca/News/Sectors/Technol.../306857-cp.html (http://money.canoe.ca/News/Sectors/Technology/Nortel/2004/01/07/306857-cp.html)
woohoo, up 21% now....but overall, i'm still losing money on this stock..... [/b][/quote]
Tell me about it. I've lost three thousand on it.

[hotwings]

I'm thinking about coming back to the market. I've been mainly on the sidelines for the past few years.

While I'm familar with mostly tech and north american blue chips, I have no idea about Chinese companies. Do any of you have suggestions? Yes, I will do my own research but I need some companies to begin with. I'm looking for a chinese company that's listed in nasdaq or nyse. Ideally, this company would be profitable now and fairly valued.

[surreybc]

the stock market is highly overrated , even the blue chips. there is much more risk for both bonds and stocks than almost anyone realizes. we go by the past 70 yrs in north america to gauge which is tremendously misleading. i would not put more than 50 per cent in stocks and only in index funds.

[heuer007]

Originally posted by surreybc@Jan 7 2004, 08:34 PM
the stock market is highly overrated , even the blue chips. there is much more risk for both bonds and stocks than almost anyone realizes. we go by the past 70 yrs in north america to gauge which is tremendously misleading. i would not put more than 50 per cent in stocks and only in index funds.
and thats why you live in surrey :P

[Aleem]

Originally posted by mrstockie@Jan 7 2004, 06:37 PM


Hey Aleem

is Nortel will go any more higher now or willl now go back to 5-6 dollars again...

Thanks

Mo

[/QUOTE]
[/quote]
After receveing a flood of messages re. NT, and being RFD's resident stock guru, my advice is to stay away from Nortel, unless you play the options market (see below).

Here's why:

1. The company is trading at 40 times next years earnings
2. The recent increase in market value being caused by NT's new contract(s) are way out of proportion to any economic benefit that they will get.

Yes, Nortel is overvalued and will head back down when they do a new share offering shortly.

WOULD I PLAY NORTEL, Here is EXACTLY what I would do:

I would employ an options strategy that I like to call double up, double down. Using Nortel as the stock, the double up double down strategy employs some of the characteristics of dollar-cost averaging, and even if the stock price does spike up, because this is "just the beginning," you won't capture all of the upside, but the returns are still attractive.


What makes this strategy particularly relevant now is the fact that Nortel volatility has spiked. The greater the volatility, the more attractive the scenario.

With Nortel, you would begin by purchasing 1,000 shares at $7.85 (using NT.NYSE - the price where it may head soon), and write (sell) 10 January (2005) 8.00 calls at $1.90 and ten January (2005) 8.00 puts at $1.60. The total premium received from the sale of the Nortel January, 2005, options is $3.50 per share. The total out-of-pocket cost for the initial 1,000 shares is $4.35 ($7.85 purchase price less $3.50 in premium = $4.35).

If the stock rises above $8.00 by January 2005, the calls will be exercised, and you will be required to sell your shares at $8.00. Your total return for this trade would be 83.9%, over the next twelve months ($8.00 sale price divided by $4.35 net cost minus 1 = 83.9%), not including dividends or transaction costs. In this scenario, the January (2005) 8.00 put would expire worthless.

If the stock were to decline from current levels, over the next 12 months, the call would expire worthless, but the put option would be assigned (i.e. the put buyer would exercise his contract). The short put obligates you to buy an additional 1,000 shares of Nortel Networks $8.00 per share.

In this scenario, you would end up with 2,000 shares of Nortel at an average cost of $6.175 (the original 1,000 shares at $4.35 net out of pocket, plus 1,000 shares at $8.00). In the worst-case scenario, you end up with a little now, and a little later.

[Aleem]

Originally posted by Aleem@Dec 31 2003, 11:12 AM
Aleem's TOP Picks for 2004:


CSI Wireless - CSY.TSX

Anyone take my tip on CSI Wireless. Up over 60% since Jan 1, 2004.

CSI Stock Price (http://ca.finance.yahoo.com/q?s=csy.TO&d=t)

[Chris]

AIQ - TSX
KWL - TSX

[tkl]

Originally posted by Aleem@Jan 20 2004, 03:45 PM



After receveing a flood of messages re. NT, and being RFD's resident stock guru, my advice is to stay away from Nortel, unless you play the options market (see below).

Here's why:

1. The company is trading at 40 times next years earnings
2. The recent increase in market value being caused by NT's new contract(s) are way out of proportion to any economic benefit that they will get.

Yes, Nortel is overvalued and will head back down when they do a new share offering shortly.

WOULD I PLAY NORTEL, Here is EXACTLY what I would do:

I would employ an options strategy that I like to call double up, double down. Using Nortel as the stock, the double up double down strategy employs some of the characteristics of dollar-cost averaging, and even if the stock price does spike up, because this is "just the beginning," you won't capture all of the upside, but the returns are still attractive.


What makes this strategy particularly relevant now is the fact that Nortel volatility has spiked. The greater the volatility, the more attractive the scenario.

With Nortel, you would begin by purchasing 1,000 shares at $7.85 (using NT.NYSE - the price where it may head soon), and write (sell) 10 January (2005) 8.00 calls at $1.90 and ten January (2005) 8.00 puts at $1.60. The total premium received from the sale of the Nortel January, 2005, options is $3.50 per share. The total out-of-pocket cost for the initial 1,000 shares is $4.35 ($7.85 purchase price less $3.50 in premium = $4.35).

If the stock rises above $8.00 by January 2005, the calls will be exercised, and you will be required to sell your shares at $8.00. Your total return for this trade would be 83.9%, over the next twelve months ($8.00 sale price divided by $4.35 net cost minus 1 = 83.9%), not including dividends or transaction costs. In this scenario, the January (2005) 8.00 put would expire worthless.

If the stock were to decline from current levels, over the next 12 months, the call would expire worthless, but the put option would be assigned (i.e. the put buyer would exercise his contract). The short put obligates you to buy an additional 1,000 shares of Nortel Networks $8.00 per share.

In this scenario, you would end up with 2,000 shares of Nortel at an average cost of $6.175 (the original 1,000 shares at $4.35 net out of pocket, plus 1,000 shares at $8.00). In the worst-case scenario, you end up with a little now, and a little later. [/quote]
I could have sworn I read the same thing in the National Post business section a few days ago. :ph34r:

[Sylvestre]

bump.

interesting topic.

[Aleem]

If you bought GE as I had recommended on Dec 31, 2003 you would be up 13% as of today, not bad at all. And remember folks, this is a dividend paying stock ($0.80 US per year)

[Blunt]

Originally posted by Aleem@Jan 22 2004, 09:21 AM
If you bought GE as I had recommended on Dec 31, 2003 you would be up 13% as of today, not bad at all. And remember folks, this is a dividend paying stock ($0.80 US per year)
Hey.. I work there...
Glad to see the stock going up.
Good for my stock options...

Note: Stock hit $40+ in its high..
had a low of $20 2 years ago..

Buy this stock..raise the price.. make me more $$ to spend at RFD..
:P

[zoro69]

Nortel soaring after hours on earnings release!

[gimmegimme]

Originally posted by zoro69@Jan 29 2004, 04:29 PM
Nortel soaring after hours on earnings release!
What's it at now? Where can I see after-hours quotes?

[ItzMe]

A recent article in the globe and mail had a glowing review of ING Direct's mutual fund offering(s)...with no commissions and fees they seem quite attractive? Any opinions out there?..(considering putting a couple hundred a month on automatic withdrawals for an RRSP account with them...as I dont think a couple hundred is enough to play the market game :P)...

Full globe and mail article:


ING redefines funds


By ROB CARRICK
Globe and Mail Update

On-line bank ING Direct is doing the same good things for mutual funds that it did for savings accounts.

If you're the sort of investor whose idea of registered retirement savings plan investing is to buy a few quality funds and call it a day, then listen up.

ING redefined the savings account in Canada by offering a cost-free, high-rate product for people willing to do business on the phone or Internet. Now, it's building what may be the most customer-friendly model in the country for selling funds to do-it-yourself investors.

You can buy about 30 different funds through ING Direct Funds (http://www.ingdirectfunds.ca) from the following six top fund families -- AIC, AIM Trimark, CI, Fidelity, Franklin Templeton and Mackenzie. Another 20 or so funds run by ING itself are also available.

No matter which funds you invest in, there are absolutely no fees or commissions.

That means you can buy without paying an up-front sales commission, also known as a front-end load. And, you can sell without fear of triggering the sort of deferred sales charge that hangs over the heads of so many investors in the years after they buy into a fund.

You might wonder what's so special about this, given that on-line brokers and discount fund dealers have been using the same model for years. The guiding principle for all is providing investments at a lower cost than you'd pay if you used a financial adviser.

Where ING differs is in the fact that it has created a true zero-cost model, while most of these other dealers have fee loopholes all over the place.

Some on-line brokers will sell you a wide variety of funds with no front-load or deferred sales charge, but then ding you something like $30 to $40 when you sell. Or, you might find you can't buy funds without a front load unless your account is a certain size.

For sure, you'll have to pay an annual RRSP administration fee if you have less than $15,000 to $25,000 in your on-line brokerage account. ING Funds does away with all of these charges, and adds additional benefits. While most on-line brokers require a minimum fund investment of $1,000, ING will pretty much let you invest whatever you want. And while on-line brokers typically levy a small penalty on investors who exit a fund within three or six months of buying, ING does not (it will go after repeat offenders, though).

ING even beats the bank families on low fees and accessibility. You can buy bank funds with no purchase commission or deferred sales charge, but you need at least $500 to $1,000 and there are usually early redemption fees.

The obvious drawback with ING's fund venture is the limited selection, or is it? Truth is, you can easily build a sound portfolio with the 30 outside funds ING is offering (the in-house ING funds are too new to judge).

Looking for a conservative Canadian equity fund? ING has that covered with Mackenzie Ivy Canadian and CI Harbour. Want a solid middle-of-the-road fund? ING fills this need with Trimark Canadian and Fidelity True North.

For investors who like balanced funds, there's Fidelity Canadian Asset Allocation and Trimark Income Growth, both of which have turned in consistently above-average returns over the years.

In the global category, there's top-performing CI Global, as well as Templeton Growth and Fidelity International Portfolio. There are also decent choices in the bond and resource fund categories.

It's worth noting ING is offering versions of Trimark Canadian and Trimark Income Growth with very low management expense ratios. Investment advisers usually sell a higher-MER version that tends not to perform as well. One exception is ING's decision to offer Trimark Select Growth instead of the lower-MER Trimark Fund.

Baffled about how to put together a proper portfolio from the funds offered by ING? Then you can take advantage of three multifund portfolios tuned for conservative, moderate and aggressive investors. The MERs for these portfolios are the same as if you bought the funds individually.

ING's not doing charity work here, mind you. It makes a decent living off selling third-party funds by collecting trailer fees, which are paid by fund companies to dealers to cover the cost of client service. On-line brokers collect these trailer fees, too, but they still may get you coming and going with fees.

You can set up an account with ING Funds by downloading a form from the company's website, or you can get things going by phone. Once you're a client, you can set up automatic transfers of money from your bank account to your fund account, or you can make periodic investments over the phone.

There's not a lot of hand-holding here, but it's the price you pay for mutual fund investing that's as close to zero cost as we're likely to get.

[zoro69]

$US7.75

[eelfliw]

Looking for comments on Stelco. Similar to Nortel, I don't think the government will let it go down. What do you think?

[sharkyJay]

Originally posted by zoro69@Jan 29 2004, 05:29 PM
Nortel soaring after hours on earnings release!
how do you find the market price for after hours trading?


One guy on ROB tv predicts that trading will be 24hrs in a couple of years from now. Any opinions? I think it's a good idea and it will work.

[benf]

Originally posted by eelfliw@Jan 29 2004, 08:51 PM
Looking for comments on Stelco. Similar to Nortel, I don't think the government will let it go down. What do you think?
I wonder if you can short a stock under bankrupty protection..

As Kevin says. "This stock is going to ZERO"

[zoro69]

All kinds of sites for after hours quotes, or watch CNBC

http://finance.yahoo.com/q/ecn?s=NT

nasdaq afetr hours actives
http://dynamic.nasdaq.com/dynamic/afterhourma.stm
JDU got a little bump

[Chemical2001]

Originally posted by Blunt+Jan 22 2004, 09:10 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Blunt @ Jan 22 2004, 09:10 AM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--Aleem@Jan 22 2004, 09:21 AM
If you bought GE as I had recommended on Dec 31, 2003 you would be up 13% as of today, not bad at all.&nbsp; And remember folks, this is a dividend paying stock ($0.80 US per year)
Hey.. I work there...
Glad to see the stock going up.
Good for my stock options...

Note: Stock hit $40+ in its high..
had a low of $20 2 years ago..

Buy this stock..raise the price.. make me more $$ to spend at RFD..
:P [/b][/quote]
I've been getting some GE stock as part of my employee stock plan ever since I got full-time status back in March of 2003. I think the price back then was in the low 20s. I'm happy now but I would have been happier if I could have started the plan when I was an intern and then later on contract.

[Vancouver 1.7EL]

LET'S GO NORTEL... LET'S GO! http://revscene.net/forums/images/smilies/more/luxhello.gifhttp://revscene.net/forums/images/smilies/more/luxhello.gif

Anyone here own Tahera stock (TAH.TO (http://finance.yahoo.com/q?d=t&s=TAH.TO))? I missed the MPV boat, so I'm not going to miss this one.

[zero hour]

Originally posted by Vancouver 1.7EL@Jan 30 2004, 01:05 AM
LET'S GO NORTEL... LET'S GO! http://revscene.net/forums/images/smilies/more/luxhello.gifhttp://revscene.net/forums/images/smilies/more/luxhello.gif

Anyone here own Tahera stock (TAH.TO (http://finance.yahoo.com/q?d=t&s=TAH.TO))? I missed the MPV boat, so I'm not going to miss this one.
I've recently followed TAH.TO. For a penny stock trading on the TSX, the volume is phenomenal (considering how few stocks on the TSX actually trade over 5 million on average, let along 1 million per day but I guess because it is around $.40 you can buy much more TAH.TO then say, ABZ.TO- a great stock that I own). Anyone have any more insight into TAH.TO other than the usual press releases? Another stock worth looking into if you're interested in minining stocks is CML.V. Talk about volatility on a stock.

Let's see, NT.TO will have to go up another couple of hundred % before most people who bought into it to break even. In the meantime, it's actually nice to see it go up more often than not now. When it reached $0.60 last year, I thought my whole RSP was going to be wiped out. Who would have thought it would be over $8.50 and change now?

[puff_daddy_58_99]

Hot stocks eh? Cna anyone say STEa?? (that's stelco, if you dont know!)

As for TAH, I own about a thousand. Good stock. Watch for movement soon B)

[Kevin T]

Any advices?

I think I will be going for STEa.TO and TAH.TO

Opinions on that?

I have $800-900 CDN FUND, and its my savings for post secondary ^_^

[Vancouver 1.7EL]

Originally posted by Kevin T@Jan 31 2004, 09:59 PM
Any advices?

I think I will be going for STEa.TO and TAH.TO

Opinions on that?

I have $800-900 CDN FUND, and its my savings for post secondary&nbsp; ^_^
Make sure you do your own research into these stocks before you take the plunge. Better yet, talk to an investment advisor. Be warned, both stocks are quite volatile, (STEa.TO dropped over 50% between Jan 28 & 29) and there is a potential to lose quite a bit of your initial investment. On the other hand, these "penny" stocks can also yield big returns if you take the chance.

Investing is a lot like gambling. More often than not, share prices are affected by speculation, opinions, and current market sector trends; instead of the actual performance of the company. Do your homework.

Since the money is for your post secondary education, it may be wise to look into safer stocks with established large blue chip type companies, mutual funds, or even GICs. That way, there is a good chance that you won't lose anything and make a small profit. But if you feel comfortable with the riskier stocks, go right ahead. YMMV.

There is a good chance TAH.TO will skyrocket once they get approval from all the governments and regulatory groups to build a new diamond mine. ^_^

[icsfstar]

no offense buddy but 800-900$ isnt gonna make you rich anytime soon. You'd probably need your stocks to go up at least 15% just to brake even after all the fees. It might be better to just wait and go in once you get around the 5000$ level

[icsfstar]

if your looking to make quick cash fast and can handle heavy volatility, Id suggest waiting for a good tip on a OTC equity.


does anyone know any good mailing lists that have a high % return on short term low cap stocks

[eelfliw]

Originally posted by Kevin T@Feb 1 2004, 12:59 AM
Any advices?

I think I will be going for STEa.TO and TAH.TO

Opinions on that?

I have $800-900 CDN FUND, and its my savings for post secondary ^_^
Stelco, at this time, is good only as a GAMBLE!!! Not an investment. Its CEO has warned investors that the stock may become worthless as a result of the restructuring (may be debt for equity swap, hence heavy dilution?) I wouldn't put any money into it unless you're prepared to lose it all.

That said, the reason why I think Stelco is worth buying (as a gamble) is that steel business is a cyclical market. Stelco dropped below a dollar during the last low cycle and went back up to > $12 years later. Such predictable market is a easy money maker if you buy and sell at the right time. If (and a big IF) Stelco doesn't go bust this time, it'll be in the $8 range 3 years from now. The key factors are if Algoma & Dofasco can go in and grab Stelco's market, government support of Hamilton/steelworker's union, and the ability of the management team.

[Kevin T]

Originally posted by icsfstar@Feb 1 2004, 02:21 AM
no offense buddy but 800-900$ isnt gonna make you rich anytime soon. You'd probably need your stocks to go up at least 15% just to brake even after all the fees. It might be better to just wait and go in once you get around the 5000$ level
Wow thanks for the replies...

stock market no more, then where should I put my 900$ in? Its currently at ING earning 2$/month. There is nothing much to do, I guess I should just leave it there?

[sharkyJay]

Originally posted by Kevin T+Feb 1 2004, 11:17 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Kevin T @ Feb 1 2004, 11:17 AM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--icsfstar@Feb 1 2004, 02:21 AM
no offense buddy but 800-900$ isnt gonna make you rich anytime soon. You'd probably need your stocks to go up at least 15% just to brake even after all the fees. It might be better to just wait and go in once you get around the 5000$ level
Wow thanks for the replies...

stock market no more, then where should I put my 900$ in? Its currently at ING earning 2$/month. There is nothing much to do, I guess I should just leave it there? [/b][/quote]
When jumping into the stock market people gotta watch out for the fees, it can add up fast. Unless you got at least $3000 or so to invest in one stock it's not really worth buying.

Try buying mutural funds from ING, they have no load. I would recommend buy the TSX index funds because it has low management fees and it comprises of the best performing companies.

[icsfstar]

yes defininently put your 900 bucks in index funds, their safe and have a better growth rate then your ING account

[grant]

you index stocks are "safe"?? Jeez man, anyone with $ in indexes from 2000 -> 2002 took a bath, while ING customers banked 5-7% interest in that time.

[icsfstar]

I think sun microsystems (SUNW) is a very good long term investment. They are a very innovative company much like Apple. I saw a demo of a new OS they plan on introducing, and I must say its is revolutionary, a completely new look on the OS. DO NOT PUT MONEY INTO MICROSOFT. there end is not far off. Linux is the future people, its not profitable but open source is the future.

[zero hour]

If you want the best of both worlds, namely the higher returns from an equity and guaranteed capital, I'd suggest you consider portfolio/index linked note. They are a relatively new form of investment vehicle. Altamira is esentially repackaging what the National Bank of Canada is offering. I'm sure there are other mutal fund companies that offer something similar to this. So check with your brokerage company.

http://www.altamira.com/altamira_en/funds/...-linked+gic.htm (http://www.altamira.com/altamira_en/funds/categories/deposit+products/altamira+sptsx+60+index-linked+gic.htm)

http://www.nbc.ca/bnc/cda/content/0,1008,d...Th-4100,00.html (http://www.nbc.ca/bnc/cda/content/0,1008,divId-2_langId-1_navCode-12988_navCodeExTh-4100,00.html)

[t_garp]

If you want the best product no one will ever tell you about go look for iUnits.

These www.iunits.com iUnits are the Canadian members of the global family of exchange traded funds (ETFs) from Barclays Global Investors (BGI), one of the largest institutional money managers and index fund managers in the world.


the best kept secret in investing.....if you want to just buy it and forget about it in your RRSP. You can choose from a variety of indexes ranging from the volatile to the safe. (ie. 5 year Bond)

[Shaf]

Originally posted by t_garp@Feb 4 2004, 01:52 PM
If you want the best product no one will ever tell you about go look for iUnits.

These www.iunits.com iUnits are the Canadian members of the global family of exchange traded funds (ETFs) from Barclays Global Investors (BGI), one of the largest institutional money managers and index fund managers in the world.


the best kept secret in investing.....if you want to just buy it and forget about it in your RRSP. You can choose from a variety of indexes ranging from the volatile to the safe. (ie. 5 year Bond)
Just checked their website - pretty cool stuff.

[dssman]

Originally posted by icsfstar@Feb 4 2004, 04:34 AM
I think sun microsystems (SUNW) is a very good long term investment. They are a very innovative company much like Apple. I saw a demo of a new OS they plan on introducing, and I must say its is revolutionary, a completely new look on the OS. DO NOT PUT MONEY INTO MICROSOFT. there end is not far off. Linux is the future people, its not profitable but open source is the future.
Putting any kind of money into a tech stock is super risky. Technology changes every day and unless the company can keep up your doomed.



nsdm.pk and vgme.pk are 2 that are going to skyrocket come second quarter.

Diamond stocks are on the rise......keep your eye open.

[grant]

dssman why do you pick those 2 stocks?

I finally bought my tah.to, good timing too as it jumped 5cents. Big profits, baby!!

[gimmegimme]

Originally posted by grant@Feb 4 2004, 05:47 PM
dssman why do you pick those 2 stocks?

I finally bought my tah.to, good timing too as it jumped 5cents. Big profits, baby!!
Up another 6 cents today. That's 25% in two days! I wonder how much higher it will go... or is it too late to get in on it now?

[grant]

These guys think it'll take off like a rocket. Me, i'm cautious, and only put 20% of my mad money into it. Plus i prefer expensive stocks ($20+) cuz i pay less fees.

[Vancouver 1.7EL]

Go Tahera Go!

Hopefully the bubble won't burst too soon.

If you want a good stable stock over $20, have a look at the TSX group (X.TO). They have more than doubled their share price from their IPO last year. They also issued a special dividend of $5 per share in Nov. 2003 and just raised their quarterly dividend to $1 per share for this Feb. Since they own the TSX exchange, they will probably do well no matter what the market conditions are like. It's been a top rated stock on ROBTV. However, the stock is quite expensive at around $48.

[zero hour]

Just be careful with stocks that move so much within a short period of time, especially if there are no news to accompany it. It could easily go the other way. Best thing to do is to set a stop loss on a stock that is very volatile. This lets you get out before it drops even further. Also, set a target when you want to sell it at. Remember, you haven't made any profits until you sell it. And most importantly, sheep get sheered; pigs get fat; and hogs get slaughtered.

[gimmegimme]

Originally posted by zero hour@Feb 6 2004, 12:03 AM
Just be careful with stocks that move so much within a short period of time, especially if there are no news to accompany it. It could easily go the other way. Best thing to do is to set a stop loss on a stock that is very volatile. This lets you get out before it drops even further.
Very good advice. I also set stop orders on stocks that have gone up in order to protect any gains I've made, just in case the stock starts to tumble.

[Aleem]

Anyone invest in Bombardier, per my advise back in July 2003?

(see my original/first post)


You would be up a cool 55% now!

[eelfliw]

Originally posted by Aleem@Feb 6 2004, 11:30 AM
Anyone invest in Bombardier, per my advise back in July 2003?

(see my original/first post)


You would be up a cool 55% now!
Yes. :D Thanks! :D

[eelfliw]

Originally posted by Vancouver 1.7EL@Feb 5 2004, 11:56 PM
If you want a good stable stock over $20, have a look at the TSX group (X.TO). They have more than doubled their share price from their IPO last year. They also issued a special dividend of $5 per share in Nov. 2003 and just raised their quarterly dividend to $1 per share for this Feb. Since they own the TSX exchange, they will probably do well no matter what the market conditions are like. It's been a top rated stock on ROBTV. However, the stock is quite expensive at around $48.
X is awesome with price doubled in just 1 year. Wish I had got in on the IPO. But can't complain.

What worries me is: what's the upward price potential of this stock? The dividend is pretty good now (appx 10%). If interest rates go up, would stock price fall in relation to the dividend?

[Shaf]

I'm new to stocks (deal with mutual funds often).

Who do you guys buy through? All done online? What are the fees like? Any websites?

Thanks!

[zero hour]

Originally posted by Shaf@Feb 6 2004, 11:51 AM
I'm new to stocks (deal with mutual funds often).

Who do you guys buy through? All done online? What are the fees like? Any websites?

Thanks!
Unlike the U.S., we don't have as much selection in terms of who discount brokerages. Almost all are owned by the banks here. They normally charge anywhere from $25 to $29.99 (CDN or USD depending on the currency you settle in) per transaction if you do it on-line. You should go to their web sites to check out the fee schedules as there are caveats. The cheapest is Ameritrade Canada at $10.99 USD but you can only trade U.S. equities.

I've used Action Direct, TD Waterhouse and now Ameritrade (www.ameritrade.ca). Overall, I prefer Ameritrade since it's cheaper, updates your portofolio value in real time and seems to be the quickest in order execution. I still have my other accounts in case I trade Canadian equities.

[Shaf]

Originally posted by zero hour@Feb 6 2004, 12:04 PM

Unlike the U.S., we don't have as much selection in terms of who discount brokerages. Almost all are owned by the banks here. They normally charge anywhere from $25 to $29.99 (CDN or USD depending on the currency you settle in) per transaction if you do it on-line. You should go to their web sites to check out the fee schedules as there are caveats. The cheapest is Ameritrade Canada at $10.99 USD but you can only trade U.S. equities.

I've used Action Direct, TD Waterhouse and now Ameritrade (www.ameritrade.ca). Overall, I prefer Ameritrade since it's cheaper, updates your portofolio value in real time and seems to be the quickest in order execution. I still have my other accounts in case I trade Canadian equities. [/quote]
Thank you!

[icsfstar]

my buddy has a hot tip hes gonna email me today, once i get it ill post it.

[Shaf]

Originally posted by icsfstar@Feb 6 2004, 12:54 PM
my buddy has a hot tip hes gonna email me today, once i get it ill post it.
what's the tip?

[trini]

I think it's about time i invested in some stock.
How do i get started?
I know nothing about this.

[eelfliw]

Get your hands on used CSC (https://www.csi.ca/pub/en/prog/csp/crs.cgi/csc) books and read. That's the best way to learn about how these things work.

After you know how it works, open up a trading account and buy, buy, buy.

[McPaul]

I'd recommend you go to tdbank.ca and sign up for a waterhouse account. It will take some time for this to go through. You might also consider getting a td bank account if you donn't already, as it just makes transfering to and from each account a breeze. Go to yahoo.ca, click on finance, and look up some of the symbols discussed here. A lot of these are short term stocks so you'll want to buy them at a low point. click on chart, and look up the intraday, 5 day, and 1 month performance of the stocks. I use limit orders so I don't have to watch these things all the time. A limit order is sort of like "I want to buy Crowflight Minerals at $0.58", and you wait til it hits 58 and it's bought automagically for you with next to no work on your part. Waterhouse shows your commissions on each order summary, make sure you take these into account when figuring out your selling price.

Read as much as you can. I recommend watching MSNBC if you ever get some time off during the day. Read all the information available where your account is held, they will have a lot of good information for you. Read books and magazines. Check out some websites like www.stockscores.com read as much as you can, the more you know how the markets work, the more you become one with your stocks and get a feeling for how they are going to move. (I know it sounds wierd but it's true)

Stocks that I have benefited from lately:

Air Canada (AC)
Cumberland Resources (CBD) - although I believe the symbol has changed to something.
Tahera Minerals (TAH)
Crowflight Minerals (CML)
EDIT_ add Stelco to that list as of a few mins ago.
and of course Nortel Networks (NT)

I have made some tidy profits. Almost a second income, actually.

[McPaul]

*L* and don't buy a used book. That's just gross!!

I do have a question though, what's the best place to get real time quotes??

[McPaul]

Would you guys recommend Jet Blue right now? (N)

[zero hour]

Check out Cedara Software Corp (CDE.TO). It's gone from $2.45 on Nov. 5, 2003 to over $10.40 recently. It doesn't seem to falter and just seems to progress upwards at a slow 2%-5% almost each day with pretty good volume. Seems some institutions are accumulating it and haven't taken profits off the table yet.

[McPaul]

Well Jet Blue has made a nice n tidy profit for me in the last day or two and I'll keep holding

but everything else has pretty much stood pat, and hit some recent lows which have allowed me to buy in and now I'm all in my budgeted spending amount on the markets. Waiting for one of these stocks to make a jump to my target prices, and pretty quick I hope....

[topwop]

I have a GOOD one. I will post it monday morning. Its currently in the 50 cent range and specializes in wifi for hotels,airports, etc. Very underdeveloped IMO.

[bionicbadger]

Centurion Energy (CUX on Toronto) have been in for a couple years, bought more in september. This has really picked up in the last year or so, and lots of interesting prospects coming up...

[topwop]

wow that centurian is fantastic if you stuck in there for the long hall. slow and steady wins the race

[zeroace]

Originally posted by zero hour+Feb 6 2004, 12:04 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (zero hour @ Feb 6 2004, 12:04 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--Shaf@Feb 6 2004, 11:51 AM
I'm new to stocks (deal with mutual funds often).

Who do you guys buy through? All done online? What are the fees like? Any websites?

Thanks!
Unlike the U.S., we don't have as much selection in terms of who discount brokerages. Almost all are owned by the banks here. They normally charge anywhere from $25 to $29.99 (CDN or USD depending on the currency you settle in) per transaction if you do it on-line. You should go to their web sites to check out the fee schedules as there are caveats. The cheapest is Ameritrade Canada at $10.99 USD but you can only trade U.S. equities.

I've used Action Direct, TD Waterhouse and now Ameritrade (www.ameritrade.ca). Overall, I prefer Ameritrade since it's cheaper, updates your portofolio value in real time and seems to be the quickest in order execution. I still have my other accounts in case I trade Canadian equities. [/b][/quote]
What are the initial costs/requirements needed to have a Ameritrade account??

[eelfliw]

Any recommendations for some med - long term stocks? Something I buy now and don't have to look at for at least 5 years? Preferrably with dividends.

[zero_]

Originally posted by eelfliw@Feb 28 2004, 12:02 PM
Any recommendations for some med - long term stocks? Something I buy now and don't have to look at for at least 5 years? Preferrably with dividends.
banks (bmo, td etc.) or insurance companies (mfc, slf etc.)

[j3fan]

Originally posted by eelfliw@Feb 28 2004, 11:02 AM
Any recommendations for some med - long term stocks? Something I buy now and don't have to look at for at least 5 years? Preferrably with dividends.
Nortel.....but if u want something for dividends, get bank stocks....

[goaler845]

Medium/Long:
Medtronic, St. Jude Medical, Precision Drilling. Solid free cash flow, favourable FDA rulings, and PD has a solid foothold of the oil field services sector in Canada....way ahead of schlumburger, Tesco et al.

But honestly, a lot of the info I see here is very irrelevant. Past performance means nothing..."Day late...dollar short." Either, people are trying to window dress, or they are making picks based on intraweek quote info. Plus, Taking a long 100 block position in itself is expensive...far to expensive for RFD's main demographic.

Taking investment advice here is risky. What I recommend everyone do is old fashioned fundamental analysis, comp analysis, and DCF/Free cash flow analysis. If you don't know what I am talking about...you probably shouldn't be taking any positions in any securities without the advice of an advisor.

[Dragonrana]

For mid-term stock to hold I believe the TSX Group would be a good hold (X- symbol on TSX). Basically buying the TSX exchange.

Heres my reason:
I don't see any issues with holding this stock, since it's a Monopoly and it has unlimited ability to jack up fees if it wanted to. Great management and huge cash flows and possibly increase dividends this year. Also, there could be a possible split if the price keeps going higher. If you have a bit of capital, park your money here and forget about it. The trend line keeps going up and there's no stopping it....well at least this year. I've already made a handsome profit this past 4months. Happy investing. :lol:

Check out this article.
TSX Faces Few barriers (http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20040220&archive=gam&slug=RDECLOET20)

[sharkyJay]

Originally posted by goaler845@Feb 28 2004, 04:08 PM
Medium/Long:
Medtronic, St. Jude Medical, Precision Drilling. Solid free cash flow, favourable FDA rulings, and PD has a solid foothold of the oil field services sector in Canada....way ahead of schlumburger, Tesco et al.

But honestly, a lot of the info I see here is very irrelevant. Past performance means nothing..."Day late...dollar short." Either, people are trying to window dress, or they are making picks based on intraweek quote info. Plus, Taking a long 100 block position in itself is expensive...far to expensive for RFD's main demographic.

Taking investment advice here is risky. What I recommend everyone do is old fashioned fundamental analysis, comp analysis, and DCF/Free cash flow analysis. If you don't know what I am talking about...you probably shouldn't be taking any positions in any securities without the advice of an advisor.
Buying any stock based on just the post is very risky. I like to get ideas from here but everyone should do their research.

[bruce32]

Originally posted by goaler845@Feb 28 2004, 03:08 PM
Taking investment advice here is&nbsp; risky.&nbsp; What I recommend everyone do is old fashioned fundamental analysis, comp analysis, and DCF/Free cash flow analysis.&nbsp; If you don't know what I am talking about...you probably shouldn't be taking any positions in any securities without the advice of an advisor.
how many people actually know what FCF are?
Comps yeah i would say most people can figure out P/E or Price/sales or whatever and may know what types of companies tend to trade on what.

but Free Cash flows (what the discounted cash flow is based on) start to get dificult

http://www.investopedia.com/terms/f/freecashflow.asp says:


Free cash flow is calculated by adding depreciation to net income and then subtracting capital expenditures. Free cash flow represents the cash that is available for a company to spend after financing its capital projects

But i seem to remember it is harder than this...there are more adjustments. or maybe i am cofusing EVA
http://www.investopedia.com/terms/e/eva.asp

either way i would bet that most investors dont use these methods and do well enough.

i personally dont think you need to be able to do a DCF do be able to invest on your own. although i agree a good IA is important to keep you honest and on track.

but in the end everyone has their own ideas

[Kulit]

Hi all,
I have a few shares of penny stocks and would like to give it away...is there any service charge or do I have to pay commission for such transfer of stocks to a friend ????


Thanks

[GangStarr]

be careful about taking stock tips for a lot of reasons

a) you could be the next martha stewart, remember taking insider trading tips is illegal
B) people often spread these rumors to get people to invest, the stock goes up and up and up, the people at the top get a tip off its about to crash, all the big boys sell their shares which drives the average joe who throws his life savings on etrade.com shares down, or possibly into a crash

when in doubt watch the stock tip episode of sienfeld ;)

[HeyU]

Anyone consider trading options where you take a bigger risk in any investment but put up less in actual money?

[bruce32]

Originally posted by HeyU@Feb 29 2004, 02:24 AM
Anyone consider trading options where you take a bigger risk in any investment but put up less in actual money?
the point of an option was actually (when it was first thought up) as an 'insurance' contract, a long call has unlimited gain limited loss, but like anything using the contract wrong can lead to the risk that we all know and love.

[bionicbadger]

I've traded options before, it is riskier if you you are dealing with a volitile stock. But selling puts on the blue chip stocks you own can bring in some extra money.

[topwop]

yes you gotta be very careful when accepting stock tips but my friend has a very high return percentage, somewhere around 70% last year which is fantastic. As I said before tomorrow ill pass along a company he thinks is in a very good position, its currently around the 50 cent range.

[topwop]

does anyone kno what the most popular US site is for discussing stocks. I know about stockhouse but is that really the biggest, the companies I invest in dont really have any posts in their particular discussion board, im looking for the absolute largest most well known stock forum sites.

[Gold Monkey]

A decent investing message board is www.investorshub.com

[topwop]

ok I got this stock the other day. If you can get in before it hits 65 cents you are in a very good position of growth. the symbol is SPCK.OB

[Aleem]

If you picked up CSI wireless, CSY-TSX as I recommended on Dec 30, 2003.


You would be up over 73% as of today.


All my picks are performing very well.

[JustMike]

Who keeps a stock until it reaches this sort of gain? I would've sold it after 10-25% gain. Waiting for this sort of return is sure to lose somebody money.

[ItzMe]

Originally posted by JustMike@Mar 4 2004, 11:09 AM
Who keeps a stock until it reaches this sort of gain? I would've sold it after 10-25% gain. Waiting for this sort of return is sure to lose somebody money.
Gives me the willies hanging on to it :P...but then I look and regret it LOL ah well...as long as I go up overall I can't complain I suppose...no risk no gain but no pain either I suppose... :unsure:

So what are the latest picks? :D

[c h u d]

I've been playing safe lately, melting snow gives me the shivers...and not because it's cold. Last I picked up was bank of nova scotia. It has a slow and steady climb ahead. There's going to be a split in a few months so it should pickup some value from that, as well.

[grant]

Hah, i'm just about to sell my Bank of Nova Scotia. My advisor thinks the easy growth has already passed.

[Dragonrana]

My TSX Stock (X-TOR) has gone through the roof. It's almost at $60. I'm so glad that I've held this stock since last year when I bought it for $40. If anyone had purchased this stock last year or even last month congratulations!

Democracy and Stock Markets Rule! :D

[dakewldude]

I've been paper trading for almost a year now and I'd very much like to get into it for real.

Do you guys recommend a plain ol' TD Waterhouse account, or something like e-trade/Ameritrade?

Does anybody use these guys (InteractiveBrokers.ca)? (Posted here on RFD way back when):
http://www.redflagdeals.com/deals/main_com...d=P1401_0_3_0_C (http://www.redflagdeals.com/deals/main_comments.php?id=P1401_0_3_0_C)

[c h u d]

Originally posted by grant@Mar 4 2004, 05:24 PM
Hah, i'm just about to sell my Bank of Nova Scotia. My advisor thinks the easy growth has already passed.
Yeah, I bought in a while ago but that was the last stock I purchased. I'm holding on to mine as I think it still has legs.

[zoro69]

Originally posted by topwop@Mar 1 2004, 03:52 AM
does anyone kno what the most popular US site is for discussing stocks. I know about stockhouse but is that really the biggest, the companies I invest in dont really have any posts in their particular discussion board, im looking for the absolute largest most well known stock forum sites.
This is funny for those who have read stock message boards. And very true.

The Stock Message Board Random Generator (http://www.maoxian.com/random.html)

[eelfliw]

The recent downtrend in techs have me licking my chops. ATY is down below $20. NT is down below $9.50. And others, such as X & XIU are lower too. The annual bonus pay is coming. What do you think?

Time to get more?
Time to sell what I have to lock in the gains and buy a track car?
Be greedy and wait for upswing?

[topwop]

SPCK (superclick) is gonna take off. Its up 10% today to .55 cents. They specialize in Wifi for hotels airports and schools. All it takes is one big contract and this company is goin thru the roof, get in now before it soars

[lostkiddo]

I invested my osap money 2 nights ago in oil.v or oilexco, up 8% already. Its great but got screwed on another stock big time, SVN. But read up on oil.v, i have a feeling it will have another positive gain tomorrow. Tell me what you guys think.

[Sylvestre]

So, how are people doing after the last few days?
I took a beating in a few (but it's just lost profit, I'm still in the green overall on those stocks). A few I'm a few points in the red but nothing I'm worried about.

[Gold Monkey]

Check out SWYC.OB

It's gotten hammered in the past 2 days and it's at $1.27 right now. Has good potential to take off, check out their press releases and see what they are planning to do, it seems like a really good idea. They deal with homeland security in the states.

[Aleem]

Originally posted by lostkiddo@Mar 10 2004, 10:47 PM
I invested my osap money 2 nights ago in oil.v or oilexco, up 8% already. Its great but got screwed on another stock big time, SVN. But read up on oil.v, i have a feeling it will have another positive gain tomorrow. Tell me what you guys think.
its a correction we are going through, this morning's terrorist attacks in spain don't help as well - but look at where the market's have come since 9/11.

smart people would have taken profits.

[bionicbadger]

I don't know what people are panicing about over the spain incident. There have been terrorist actions in spain for over 40 years. That just like the stock market taking a dive for a bombing in Northern Ireland. Its not like its anything new. Only change is more people died than normal.

[lostkiddo]

Originally posted by Aleem+Mar 11 2004, 04:09 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Aleem @ Mar 11 2004, 04:09 PM)</td></tr><tr><td id='QUOTE'><!--QuoteBegin--lostkiddo@Mar 10 2004, 10:47 PM
I invested my osap money 2 nights ago in oil.v or oilexco, up 8% already. Its great but got screwed on another stock big time, SVN. But read up on oil.v, i have a feeling it will have another positive gain tomorrow. Tell me what you guys think.
its a correction we are going through, this morning's terrorist attacks in spain don't help as well - but look at where the market's have come since 9/11.

smart people would have taken profits.


[/b][/quote]
Are you calling me stupid? Oilexco was up around 15% today, so why don't you go back in selling your fake purses and I'll go make my money my way okay? Sure stock market won't be as strong as last year, and there are lots of overvalue stocks, but I guess we dumb people will just stay in the stock market.

[Aleem]

Originally posted by lostkiddo+Mar 11 2004, 04:13 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (lostkiddo @ Mar 11 2004, 04:13 PM)</td></tr><tr><td id='QUOTE'>
Originally posted by -Aleem@Mar 11 2004, 04:09 PM
<!--QuoteBegin--lostkiddo@Mar 10 2004, 10:47 PM
I invested my osap money 2 nights ago in oil.v or oilexco, up 8% already. Its great but got screwed on another stock big time, SVN. But read up on oil.v, i have a feeling it will have another positive gain tomorrow. Tell me what you guys think.
its a correction we are going through, this morning's terrorist attacks in spain don't help as well - but look at where the market's have come since 9/11.

smart people would have taken profits.



Are you calling me stupid? Oilexco was up around 15% today, so why don't you go back in selling your fake purses and I'll go make my money my way okay? Sure stock market won't be as strong as last year, and there are lots of overvalue stocks, but I guess we dumb people will just stay in the stock market. [/b][/quote]
if you haven't taken profits since the runup that ensued after 9/11, then yes you are labelled exactly what you described yourself as.

[Barton03]

FLSH ... this stock is hot, if you dont buy ... I'll see you in my new car. Btw, you guys should have SS on MSO.

[lostkiddo]

f*** you.

if you dont want the purses, then step off


keep your childish insults to yourself.


if you haven't taken profits since the runup that ensued after 9/11, then yes you are labelled exactly what you described yourself as.

Your calling me a child when you started the insults? Your saying anyone investing in stocks or playing with profits right now is stupid right? So I guess anyone who doesn't invest by your strategy is stupid? Is this your logic? Just asking you, i'm not gonna get into this flaming war with you.

[Sylvestre]

Such a good day for Nortel today eh? :wacko:

[Aleem]

the smart money would have been cashed out of nortel a few months back.


the even smarter money would be shorting this pig.

[zoro69]

Originally posted by Aleem@Mar 15 2004, 01:24 PM
the smart money would have been cashed out of nortel a few months back.


the even smarter money would be shorting this pig.
Really? A few months back it was still lower then it is today :)

[eelfliw]

I've got a standing order to buy 5 board lots of XIU @ $45, expiring this Friday. Don't have the balls to short. Go TSX, Go!

[lostkiddo]

NT been inflated for the longest time. I would be very cautious of this stock right now. People's argument are that it has new contract and the spain crisis is just a blimp, and that there is nothing wrong with their accounting statement, just a little mistake, but regardless, nortel has been overvalued according to any TA you did and talk to almost any investor. The worse is still to come imo.

[Ben Doone]

i recently invested in a small company out in alberta called Imaging Dynamics Company Ltd, symbol IDL.V. for more info on the company visit http://www.imagingdynamics.com/
bought at $1.24..althought its yet to see crazy volume, as of today it reached a high of $1.72..not bad.
check it out..see what you think.

cheers :rolleyes:

[dreamcatcher]

What are the odds that NT would be in mid 20s a year from now?

[zoro69]

Originally posted by dreamcatcher@Mar 24 2004, 07:16 PM
What are the odds that NT would be in mid 20s a year from now?
This is like asking what are the odds the Leafs will be in first place a year from now

[Shaf]

Anyone thinking of buying Air Canada Stocks? Is now a good time?

[sumfunny]

Originally posted by Shaf@Apr 7 2004, 08:10 AM
Anyone thinking of buying Air Canada Stocks? Is now a good time?
No, No

Air Canada will be non-exsistant, or have a completely new ownership by the end of the year, niether or which are favorable to investment.

[Shaf]

Originally posted by sumfunny+Apr 7 2004, 09:01 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (sumfunny @ Apr 7 2004, 09:01 AM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--Shaf@Apr 7 2004, 08:10 AM
Anyone thinking of buying Air Canada Stocks? Is now a good time?
No, No

Air Canada will be non-exsistant, or have a completely new ownership by the end of the year, niether or which are favorable to investment. [/b][/quote]
What would new ownership mean? What would happen to the current incestors?

Air Canada being the national carrier - woudn't the govt. bail them out?

[bionicbadger]

They are almost bankrupt. They are a badly run company. The government has bailed them out before, but they can only do so so many times before the public catches on that its throwing money away. They lost something like $1.9 billion dollars last year, is this where you want to put your money?

[zeroace]

Plus, Victor Li dropped out of the deal due to the union not backing down.
This is really bad for Air Canada since they're now trying to find a major investor to their company.. There is a supposed pension fund having interest in Air Canada but I'm doubtful that they'll actually invest serious money into them.

[sumfunny]

Originally posted by Shaf@Apr 7 2004, 09:15 AM
[QUOTE=sumfunny,Apr 7 2004, 09:01 AM] [QUOTE=Shaf,Apr 7 2004, 08:10 AM]
What would new ownership mean? What would happen to the current incestors?

Air Canada being the national carrier - woudn't the govt. bail them out?
New ownership is mostlike going to come from a private investor/firm before a billionare hong kong guy had plans to purchase it. Since AC is in bankruputcy protection now it doesn't need to give a hit about shareholders. The previous arraingment that fell through I believe gave all the current shareholders .01% of the new company, which is nothing.

It's tough to predict any bailout. Canadians aren't that upset with so many smaller companies around it would be expected that the smaller carriers would just pick up the domestic routes and larger international carriers would bid for the int'l flights.

[ItzMe]

I have my doubts that the Martin gov't will step in and bail out air canada - again...alot of the general public seems content to let it slide and have regional carriers like westjet and the others pick up the slack. This is all asside from the fact that Air Canada's shares are *worthless*

From the Globe and Mail at: http://www.globeandmail.com/servlet/Articl...ss/MoneyMarkets (http://www.globeandmail.com/servlet/ArticleNews/TPStory/LAC/20031111/RAIRCANADA11/TPBusiness/MoneyMarkets)



Air Canada shares defy logic

Rise more than 10%, even though experts warn they'll soon be virtually worthless

By JOHN HEINZL
INVESTMENT REPORTER
Tuesday, November 11, 2003 - Page B16

Air Canada shares seemed to defy both logic and gravity yesterday, rising more than 10 per cent even though experts insist they will soon be worth their weight in bird-cage liner.

Market players said the bizarre rally was most likely caused by short sellers being forced to "buy in" to make good on trades, putting upward pressure on the stock.

Less sophisticated investors who are hoping -- naively -- for a miraculous turnaround of the insolvent airline may have contributed to the stock's death-defying ascent, even though Air Canada has warned for weeks that its existing shares will soon be virtually worthless.

Apparently, some investors haven't got the message.

"I belong to a club, and the towel guy loves Air Canada. He's been buying all along," said Brian Acker, president of Toronto money manager Acker Finley Inc., who tried to dissuade him to no avail.

Current shareholders stand to get just 0.01 per cent of the reorganized airline under a proposed $650-million equity investment by Hong Kong businessman Victor Li. Based on that price, existing shares are worth about one-sixth of a cent each, according to a research note yesterday by analyst Claude Proulx of BMO Nesbitt Burns Inc. that recommends investors sell.

Despite that grim outlook, the shares traded as high as $1.23 before settling back to close at $1.19 on the Toronto Stock Exchange, up 11 cents on the day.

Mr. Acker said a game of "Russian roulette" among sophisticated short sellers also drove the stock higher.

Short sellers borrow shares and sell them, hoping that the price will fall so they can buy them back at a discount in the market and replace them for a profit. But because Air Canada is such a heavily shorted stock, getting someone to lend shares can be a problem.

Aggravating matters is that many Air Canada shareholders are retail investors who hold their shares in certificate form, tucked under a mattress or in a safe-deposit box.

The scarcity of lenders means that some investors who sell short are unable to find shares to borrow by the time the trade settles. In such cases, to fulfill the original short sale, the broker may buy the shares on the open market or order the investor to do so. Such buy-ins drive the stock price higher.

"Multiply that by hundreds of people . . . and that's what gives [Air Canada stock] its buoyancy," said an investor who is shorting the airline and intends to stick it out until the shares are virtually worthless.

The big payoff will come when TSX delists the shares, which should send the price south in a hurry, he said. "You want to make sure you have a short position when that witching hour comes along and they pull the plug."

The extent of professional short selling is evident in some of the large blocks being traded, he said. This is no time for retail investors to be wading into the stock, long or short, he cautioned.

"Sell it, take your hit and go away," he said. "There are some very savvy market players that will whipsaw you and you're probably going to lose."

Air Canada had the 16th-highest short position -- about 9.2 million shares -- on the TSX as of Oct. 31.

TSX spokesman Steve Kee said the exchange cannot delist a company's shares while it is operating under creditor protection. Any such action would happen only after a plan of arrangement is approved, he said. That isn't expected until some time next year.

"This stock is virtually worthless, there's no question about that. It's just a matter of when," said Kevin O'Leary, managing director of NorthCoast Capital.


Many articles have repeated the same topic - Air Canada shares are worthless in their current form. Speculative investing for the very short term may net you some profits...but I wouldn't be looking at it as a long term investment :D...

[paulrich]

Stock spammers get rich quick

http://zdnet.com.com/2100-1105_2-5185902.html

http://news.google.ca/news?hl=en&edition=c...ca&q=stock+spam (http://news.google.ca/news?hl=en&edition=ca&q=stock+spam)


Just something to read as we are on the stock discusion.

[Sylvestre]

pump & dump in the new age :)

[Aleem]

I would stay clear of air canada. yes, the feds will help them but this company has deeper problems than just another bail out. i wouldn't dump my money into them


**Watch out for Q9 Networks. Big IPO coming the week of April 19th**

[Dragonrana]

I wouldn't bother investing in Air Canada, but of course Air Canada won't be going anywhere(bankrupt) since they still have a billion dollars sitting to spend and with the gov't ensuring that Air Canada won't just simply disappear.

Anyway...the stock that I've bought about a month ago was BNS (Bank of Nova Scotia) This stock has gone up and up and then it split 2 for 1. My portfolio consists mainly in bank shares...you can never go wrong with the bank shares with the low interest and inflation rates. The next bank to split should be CIBC hovering that's around $71. B)

[GangStarr]

Originally posted by JustMike@Jul 24 2003, 07:01 AM

And they're always completely independent of the fact that they themselves have just invested in that company and want others to do the same.

I didn't want to jump to conclusions :)
"you see its a mat, with different conclusions, that you jump to"

[Cough]

Here's a hot tip:

DMX. Down to $1.04 today.

It's a prescription arthritis linament. Originally developed for horses. Great for baby boomers.

[hammer]

Anyone have any insight to what is going on with SEC investigation of Nortel aside from the trivial? Anyone meet Frank Dunn, does he exude trust?

[micronta]

Originally posted by Cough@Apr 8 2004, 03:42 PM
Here's a hot tip:

DMX. Down to $1.04 today.

It's a prescription arthritis linament. Originally developed for horses. Great for baby boomers.
In early Feb, DMX was around this price. They had good support at $1.00 and would pop to at least $1.10.


XLX has similar price movements recently. It tends to hold at about $1.00 and had a run up pass $1.10 recently. Now it is back down to $1.05.

[Aleem]

Didn't I warn you people to STAY AWAY from Nortel.


Nortel fires CEO Frank Dunn this morning. Earnings also slashed in half. William Owens named new NT CEO.


Down over 30% in pre-mkt. action in NY this morning.

[Cough]

Wow, what a depressing start to the market today. :angry:

Not just Nortel... lots of pessimism around.

[Sylvestre]

wow. I'm glad I sold when it was up @ 10.

but basic premise of the market - buy low, sell high.

This is actually a great buying opportunity for the public. Pity most people don't realize that.

[Mendes]

Originally posted by Sylvestre@Apr 28 2004, 10:18 AM
wow. I'm glad I sold when it was up @ 10.

but basic premise of the market - buy low, sell high.

This is actually a great buying opportunity for the public. Pity most people don't realize that.
It is always best to buy when a stock is in its slump but Nortel is far to risky. Even with this huge drop I would put my eggs in another basket

[eelfliw]

Hooray! There is hope that I CAN pick up XIU for < $45. :D

[APlayerToBeNamedLater]

I have all of my money in Nortel. Doh! :(

Yeah, I know the risks....but I'm in it for the long haul (i.e., I'll wait a few more months and then sell when Nortel is down around $0.10. :D ).

[Mendes]

My Picks

1yr Run - DITC @ $14.97
5yr Run - SBP @ $30.60

[Sylvestre]

Originally posted by Mendes+Apr 28 2004, 09:25 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Mendes @ Apr 28 2004, 09:25 AM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--Sylvestre@Apr 28 2004, 10:18 AM
wow.&nbsp; I'm glad I sold when it was up @ 10.

but basic premise of the market - buy low, sell high.

This is actually a great buying opportunity for the public.&nbsp; Pity most people don't realize that.
It is always best to buy when a stock is in its slump but Nortel is far to risky. Even with this huge drop I would put my eggs in another basket [/b][/quote]
for sure it's risky but any good portfolio should have a % dedicated to speculative stocks.

And while there's a huge risk for NT, it's not that bad. Seeing as it's a staple of the Canadian economy, the government won't let it go completely (eg BBD).

Plus all the problems going on now are simply administrative.
I don't believe the actual financials aren't that bad since the whole sector has recovered quite significantly from the burst of 2000-2.

In terms of speculative stocks, this is a pretty good choice.

[Feneant]

Most of us bought Nortel at under 4$ so while these news are a bummer, we don't stand to lost everything. After these last few years of total speculation, ending even is pretty good. I'm in for the longterm anyways so I don't mind it going down, you can't look at every correction as a mistake you made otherwise we'd all be rich! Rich as nazies! to quote the Simpsons- and nothing lasts forever.

In the long term, Nortel is not a bad stock in moderation, but it would be too reckless to put all your eggs in one basket.

[Ben Doone]

holy $hit! NT is currently sitting at less than $6 :blink:
http://ca.finance.yahoo.com/q?m=c&s=nt&d=v1

[Shaf]

NT is currently at $4.82. Anyone getting in now?

[bionicbadger]

Wouldn't touch it

[Dexion]

Here's a hot tip:

DMX. Down to $1.04 today.

It's a prescription arthritis linament. Originally developed for horses. Great for baby boomers.

now at 85 cents

[Cough]

now at 85 cents

Thanks Dexion. You think I didn't notice since I bought some at 1.02 :( :(

But now it's an even hotter deal! :D

ps the title of the thread is "hot stocks to invest in...." Not "who screwed up" :confused:

[kenazo]

I think Madcatz might do well when the new systems are released. check them out mcz on the NYSE and the TSE.

[bionicbadger]

I just bought some MFU on Toronto today. Its an income trust that finances selling commisions of mutual fund companies, its only projected to be around for about 5 or so more years until it finishes its dispursements, but if you look at the it closely its really interesting.
It trades at around $4 and for the last several years has been paying well over $1/year dividend. Right now its around %27.6
Even if the stock goes down a buck after a year, you still come out ahead....

[rdtx2002]

bump for more hot stocks!

how about ET?

[GangStarr]

for fun I used the stocks they recommnede last time for a four week stock study project, I lost on every stock over a four week period. :P

no such thing as easy money people, buy some realestate :D

[zeroace]

for fun I used the stocks they recommnede last time for a four week stock study project, I lost on every stock over a four week period. :P

no such thing as easy money people, buy some realestate :D

Or work hard and don't spend on items you don't need..

[darkre]

Or work hard and don't spend on items you don't need..

Or start a grow op in your basement

[cummer]

Or start a grow op in your basement


here's a few hotties:

open text (OTC) this stock will fly by december. analysts all around are rating this to hit $40 USD by the end of the year.

[bionicbadger]

for fun I used the stocks they recommnede last time for a four week stock study project, I lost on every stock over a four week period. :P

no such thing as easy money people, buy some realestate :D

Don't buy stocks for a 4 week gain. You have to be in for long term gain, or get really really lucky with timing.

[grant]

tah.to i still screwing the pooch. Who is it that recommended this dog??

[bizzo]

here's a good one to invest in:

http://ca.finance.yahoo.com/q?s=TREa.TO&d=c&t=6m&l=on&z=b&q=l

low p/e ratio of '5' and profitable. you won't find gems like this everyday! :D

[crossdi]

spck.ob I bought in at 60 cents it shot to 1.12, its at around 70 cents now, im expecting it to make another jump soon

[YLSF]

If you saw the thread in the Food and Drink forum about Tim Horton's new "quickpay" card that they are testing in Oakville then you heard about this stock (since I posted something there when it was lower)...

If they pick up the card across Canada and the U.S. there is HUGE potential for DXX to profit highly...

http://www.stockhouse.ca/comp_info.asp?symbol=DXX&table=LIST


The nice thing is that there is no official press release, but you can see the units in the Oakville stores (with the dxxstorm.com website on each one.. that is how I found out about the stock). I have been asking everytime I go into a Tim Horton's how the acceptance has been of the cards and everyone has told me "good" or "excellent".. so I think they are catching on...

[Gold Monkey]

A risky penny stock people may want to look at is cmkx. Big things will be happening with this stock in the next 30 days. I bought it at 0.0001 and it's currently at 0.0005. They have 2 dividends coming up, you have to be in on the stock by the 20th and 31st to get them. If they announce that they have a low outstanding share #, this thing might fly.

http://ca.finance.yahoo.com/q?s=CMKX.PK

This is just my opinion, do your own research before buying this stock or any stocks.

[benf]

A risky penny stock people may want to look at is cmkx. Big things will be happening with this stock in the next 30 days. I bought it at 0.0001 and it's currently at 0.0005. They have 2 dividends coming up, you have to be in on the stock by the 20th and 31st to get them. If they announce that they have a low outstanding share #, this thing might fly.

http://ca.finance.yahoo.com/q?s=CMKX.PK

This is just my opinion, do your own research before buying this stock or any stocks.

Talk about a penny stock.. this one is 1/20 of a penny.

You have to buy 10,000 shares just get $5 worth of stock.

[rdtx2002]

PSH is another one that could have big news soon

[benf]

Thanks Dexion. You think I didn't notice since I bought some at 1.02 :( :(

But now it's an even hotter deal! :D
ps the title of the thread is "hot stocks to invest in...." Not "who screwed up" :confused:

Must be even a better deal at $0.33! :D

[Cough]

Must be even a better deal at $0.33! :D

You mean a bigger screw up >:(

[benf]

You mean a bigger screw up >:(

Ya..sorry.. just had to get that jab in.

Personally, I've given up trying to get that penny stock 200% return in a few weeks.. extremely rare event. Might as well go to the casinos in vegas, at least there you get free booze while you're losing :D

I'm focusing more on income trusts. Take IPL.UN that I've owned for over a year now. Solid pipeline income trust, that pays out 10% cash dividend every month. What's wrong with that?

[Cough]

I'm also going for some income trusts - I have some RSI, PIF, KCP,TPL and DR. They don't do much in capital appreciation, but the dividends are nice.

The "experts" say watch out as interest rates rise ...... but for now I am quite satisfied.

[rdtx2002]

CMKX is not a bad play by any stretch imo..

i have a few million shares.. didn't cost much.. and there seems to be alot of news coming out for it recenlty, could be a good catch if you guys have a few bux to spare and want to hold long

other picks in the pennys: AUML, DMXP, GAMX

[virtualahmad]

what happened to this thread ? why did ppl stop posting ?

i loved reading this thread... very informative...

COME BACK EVERYONE !

[cummer]

my buddy truong recommended this one:

Endev Energy ENE.

bought it when it hit 0.89. currently at 1.06.

one year target 1.88

[peter444]

Google?

[re:load]

my buddy truong recommended this one:

Endev Energy ENE.

bought it when it hit 0.89. currently at 1.06.

one year target 1.88

wow 52 week high is 2.70, good potential!

[AnimeEd]

i want to take that stock tip seriously, but cummer recommended it :lol:

and then re:load also seems to like it
and we all know re:load and scams :o



j/k guys

[grant]

wow 52 week high is 2.70, good potential!

ahahaha

did you also buy nortel at $12? "wow, 52 week high is $100, GREAT potential!"

[bionicbadger]

CUX

Look at the chart.

[bionicbadger]

Up over $1 (20%) in less than a week :D :lol:

[punk]

You forgot to tell people to use their concious and heart when they buy stocks, Shoppers Drug Mart is well known for bringing in the profits, but it's also well known for treating its employees like ****, would you like your boss to do that? DON'T BUY SHOPPER'S STOCK.

Bbrian


Shoppers Drug Mart - SC.TSX
(Up over 25% since I recommended it in July 2003)

Up another 15% as of Oct 14, 2003

Bombardier - BBD.B - TSX
(Up 75% in total, since I recommended it in July 2003)


Mountain Province Diamonds - MPV.TSX
(Up 45% in one day (July 31), and over 60% in one week (week of July 28) since I recommended it.)

Up 20% today (October 14, 2003)

UP AN INCREDIBLE 30% in ONE DAY (November 20, 2003), See for yourself

http://ca.finance.yahoo.com/q?s=MPV.TO&d=c...1d&l=on&z=m&q=l (http://ca.finance.yahoo.com/q?s=MPV.TO&d=c&k=c1&a=v&p=s&t=1d&l=on&z=m&q=l)

Hip Interactive - HP.TSX

Recommeded on 11/26/03. Current Price (11/26/03) - $3.47 (Cdn)

**Aleem's TOP Picks for 2004 - Recommended on Dec 31, 2003:**

Large cap companies:
General Electric @ $30 (US) - GE.NYSE
Pfizer @ $30 (US) - PFE.NYSE

Speculative, small cap companies:
CSI Wireless - CSY.TSX
(CSI - Up 75% as of March 2, 2004)
Forzani Group - FGL.TSX
Inex Pharmaceuticals - IEX.TSX
(IEX - Up 20% as of March 3, 2004)
Cumberland Reseources - CBD.TSX

[grant]

You forgot to tell people to use their concious and heart when they buy stocks, Shoppers Drug Mart is well known for bringing in the profits, but it's also well known for treating its employees like ****, would you like your boss to do that? DON'T BUY SHOPPER'S STOCK.

Oh shopper's employees are big boys & girls, if it's so bad there they can quit.

[ItzMe]

punk


You forgot to tell people to use their concious and heart when they buy stocks, Shoppers Drug Mart is well known for bringing in the profits, but it's also well known for treating its employees like ****, would you like your boss to do that? DON'T BUY SHOPPER'S STOCK.


Some shopper's drug marts are franchised as well so you may be hearing the bad from specific stores that doesn't apply to all stores ? ... in any case, nobody's forcing anyone to buy anything - the "ethical" movement is well known (there's even a whole lineup of "ethical" funds out there)...socially responsible investing is a big topic at a few firms and many firms (including to my surprise phillips hager & north) have introduced socially responsible fund investments so if it's of concern to you, you can always purchase similair stock picks to those...(although afaik none of them consider shoppers drug mart socially irresponsible :P)...

[robattoronto]

Bought this on Tuesday @ $5.67

Thanks!


CUX

Look at the chart.

[bionicbadger]

Bought this on Tuesday @ $5.67

Thanks!

I've had it for years, at around $0.60, bought more at $1.60 (about a year ago), and more at $5 (just recently). I expect more good things from them soon. Could easily be $10 next year.

[punk]

Oh shopper's employees are big boys & girls, if it's so bad there they can quit.

UH HUH, Yeah, like it's really easy to get a job the next day, and the pay there is so huge they have thousands and thousands of dollars saved up so they can live for months looking for one.

[Aleem]

You forgot to tell people to use their concious and heart when they buy stocks, Shoppers Drug Mart is well known for bringing in the profits, but it's also well known for treating its employees like ****, would you like your boss to do that? DON'T BUY SHOPPER'S STOCK.

Bbrian


right. thanks for the insight! stick to working behind the counter at $4.75/hr. leave this investing thread to the big boys

[ItzMe]

UH HUH, Yeah, like it's really easy to get a job the next day, and the pay there is so huge they have thousands and thousands of dollars saved up so they can live for months looking for one.

If you don't like it then don't buy it - simple :P

I personally have no sympathy - my spouse & I both have had to work the retail jobs at minimum wage before and lived through it - it persuaded us to go get an education after doing it for a year straight out of high school and realising that we'd never get anywhere...

I simply don't have sympathy for it when people claim they have no options or can't make things any better...but then again I seem to disagree with most of the welfare state should support the individual type concepts so maybe its just me :P...I've lived the minimum wage paycheque to paycheque life and made things better for myself without any handouts - why anyone else can't seems to come down to an issue of simple laziness or lack of motivation in my opinion ... (but hey thats just me...)

All it takes is hard work...the sky's the limit with what anyone can accomplish ...

But anyway - back to the original intent of this thread - investing! :)

On shoppers,
---
On the topic of SDM - interesting fact of note that their "in-house" brand (Life brand?) seems to account for only 12% of their revenues - English drug co. "Boots Group" earns 55% of its revenues from their private labels...would seem to imply that there's alot of growth potential in that area for shoppers which is a high-profit margin zone ... AFAIK it's one of CEO's Glenn Murphy's main push's in the chain along with relocations from mall based outlets to free standing stores etc...hopefully his decade + years spent at Loblaw's is paying off for the company...!

[re:load]

and then re:load also seems to like it
and we all know re:load and scams :o


ouch! yet I have to agree, don't take my advice with stocks, although:


ahahaha

did you also buy nortel at $12? "wow, 52 week high is $100, GREAT potential!"

I actually bought it when it was ~$1.60 :p

[canadiantofu]

CUX

Look at the chart.


Good call. 7 bucks today.

[crossdi]

MHPD. just dropped big time to around 10 cents because of a dividend being paid out, but I spoke to the CFO on the phone and because of someone selling short its going to go back to 40 cents in a couple weeks so get in now if you can.

[Corel]

Any new, hot tips? I've got some $$$ to burn.
BST forum!

[crossdi]

forgot to note that its MHPD.pk

[grant]

MHPD.pk is down 14 cents today, to 0.01, on trading of 5,100 units. I wonder who here bought in yesterday?

[crossdi]

its been like that the last week, but it bounced back, and it will again, its people recieving their dividend who are selling short but thats illegal and eventually there all gonna have to buy back at 41 cents so thats why its a great deal to get in now.

[Gold Monkey]

Couple of pinks that I recently got into and still holding are: sswh and usci (they are both u.s. stocks).

Anyone else have cmkx? It's going to get exciting the next month or so.

[B40]

Any new picks from anyone?

[JustMike]

Couple of pinks that I recently got into and still holding are: sswh and usci (they are both u.s. stocks).

Anyone else have cmkx? It's going to get exciting the next month or so.

Where have you heard about these companies? I've just done a little bit of research and these appear to be mega-risky (but right up my alley). This is where the money is to be made if any of these make even the smallest blip.

I am thinking either USCI or CMKX are possible buys. Not sure about SSWH but I know this market is pretty hot right now.

[re:load]

I've had it for years, at around $0.60, bought more at $1.60 (about a year ago), and more at $5 (just recently). I expect more good things from them soon. Could easily be $10 next year.

it's @ $7.38 today! Nice. Maybe I'll bite…

[grant]

its been like that the last week, but it bounced back, and it will again, its people recieving their dividend who are selling short but thats illegal and eventually there all gonna have to buy back at 41 cents so thats why its a great deal to get in now.

bounced back? it hasn't broken 1 cent since my post.

[bionicbadger]

Any new picks from anyone?

Other stocks I have are GNY on toronto (This one is long term, I don't expect a quick jump on it).

Also have some MMTIF (US), there may be some big news coming out, but this is a volitile stock and you can get burned easy on it, I don't have that much of it, but it does have potential if you are a risk taker.

[Shaf]

Since we're on the subject - what's up with Air Canada?

When they closed on August 25th they closed at $0.06, what was the value of each share when they came back yesterday - same as when they closed, lower or higher?

I saw something in the paper about how they started off at $20 and were up to $24.97????

Does that mean that those who got in at $0.06 opened at $20?

Thanks!

[Wylliecoyote]

No, those who were still holding on to shares at $0.06 now have nothing, unless they had something like 12,000 shares, than they got a share in the new company. Everyone who was holding Air Canada bonds got these new shares. They only recieved $0.07 to $0.10 on the dollar in new shares compared to what they had in bonds.

[Corel]

Motorolla, but waiting for one week before MPX is released.

[JustMike]

Motorolla, but waiting for one week before MPX is released.

Wouldn't it be better to get in now before the new product is released? If the new product means anything to the company's future, it'll cause the stock to increase before you'll have a chance to get in.

I personally have no interest in this company. They can't do much good in my eyes.

[B40]

Wouldn't it be better to get in now before the new product is released? If the new product means anything to the company's future, it'll cause the stock to increase before you'll have a chance to get in.

I personally have no interest in this company. They can't do much good in my eyes.

The only time it'd make a difference is if you got in before the new product was even announced...

[Corel]

wasn't really going to invest into them, as there isnt really huge profits to be made. just very excited about the mpx.

[JustMike]

wasn't really going to invest into them, as there isnt really huge profits to be made. just very excited about the mpx.

Then it's not really a hot stock, is it?

[robattoronto]

hey guys, any stocks which is happening much right now? Just sold CUX.TO yesterday. Today it goes up. Stupidest move ever. :( Looking to move on to something else.

[mtevel]

AXNP.PK


recently announced some interesting deals signed.....

[B40]

Wpte @ $8
Flex @ $12.80

[siup1]

How come this thread goes dead all the time? =P

[robattoronto]

Dunno, but my portfolio is stinkin' at the moment. >:(


How come this thread goes dead all the time? =P

[Cough]

Heres a new one. Divestco (DVT). 81 cents. Don't say i didn't tell you.

[eelfliw]

With the Bush win, the Mexican stock market should really take off.

[felixdd]

hey guys, any stocks which is happening much right now? Just sold CUX.TO yesterday. Today it goes up. Stupidest move ever. :( Looking to move on to something else.

Nah...never aim for the peak...aim for the "threshold" :)

[MSBP]

Guys keep an eye out for Stelco. No one (including myself) can ever recommend a company thats in bankruptcy protection but I will say this. Many people believe that this company is not bankrupt and thats why the stock is trading where it is today at $1.34 per share. I have been in and out of this stock a few times. Earnings come out after the bell tomorrow and I would not be surprised to see a huge number.

Like I said take a look at it. But I will never recommend a stock to anyone especially a company that is in bankruptc protection... so as always do your own due diligence. On a personal note I am long and have been going in and out of this between 0.80 and $1.40. Currenty long for the time being.

[B40]

Heres a new one. Divestco (DVT). 81 cents. Don't say i didn't tell you.

Can you give a bit of info on this? Thx

[Cough]

Divestco are a growing service for seismic data provision. The analysts think they are just an information services company and will wake up one day. At some point they will be a good takeover target. I think they will be at $2 within a year.

As usual, do your own homework......

[Roninvancouver]

anyone short stocks lately? got my ass handed to me shorting EBAY. crap. any US stock shorts look good?

[Master]

Just bought some Lorus Therapeutic stocks. I'm posting the price $0.72. I think this company will do well due to its wide biotech profolio.

[canadiantofu]

anyone short stocks lately? got my ass handed to me shorting EBAY. crap. any US stock shorts look good?

that's an easy one.. just Short the stocks I've been buying lately. >:(

[Cough]

Guys keep an eye out for Stelco.
Sold today at $1.51 (as I committed earlier in this thread (http://forums.redflagdeals.com/showthread.php?t=106144)) High was $1.52..... then it dropped to $1.25.

Almost time to buy again - for the fourth time.

[cummer]

A few hotties to look out for

hanfeng evergreen (china play) 2.65
leggato (uranium, gold, silver play) 0.13

[micronta]

anyone short stocks lately? got my ass handed to me shorting EBAY. crap. any US stock shorts look good?

It has been tough shorting stocks since the US election. Only a few sectors were down after Bush's victory such as stem cell stuff and alternate energy.
Also good economic numbers and oil prices were down, made last week a good week for longs

[benf]

It has been tough shorting stocks since the US election. Only a few sectors were down after Bush's victory such as stem cell stuff and alternate energy.
Also good economic numbers and oil prices were down, made last week a good week for longs

Good one to short now is RIM.. they're getting sued for copyright infringment in the US.

[benf]

Just bought some Lorus Therapeutic stocks. I'm posting the price $0.72. I think this company will do well due to its wide biotech profolio.

Bought this dog in late 2000 for about $2.. went up to $8 early in 2001 and for some reason I didn't sell, then tanked below $2 ever since.

This one is a dog, don't know why I still hold it.

[micronta]

Bought this dog in late 2000 for about $2.. went up to $8 early in 2001 and for some reason I didn't sell, then tanked below $2 ever since.

This one is a dog, don't know why I still hold it.

This one tends to go up a day or 2 after a positive news release and it goes back down. Tax loss selling is upon us. During these times, sometimes it is good to buy a loser and by RRSP times, you got a nice gain.

[B40]

Good one to short now is RIM.. they're getting sued for copyright infringment in the US.

Haven't been following this...who are they being sued by? Good Technology?

[benf]

Haven't been following this...who are they being sued by? Good Technology?

http://www.eweek.com/article2/0,1759,1655232,00.asp
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh9299 6_2004-11-05_22-57-10_n05354105_newsml

RIM has lost $23.85 or 20.5% in the last 5 days.. now trading at $92.50.

[robattoronto]

Nortel tanking faster as of yesterday and today. Today's low so far is $3.67

Any thoughts on this guys? And the shareowners, are you choosing to bail out or stay?

Some stuff which happened so far or happening.

- This is the third time they have delayed their financial result restatement.
(http://www.theglobeandmail.com/servlet/story/RTGAM.20041112.gtrnortel12/BNStory/Technology/?query=nortel)
- Some are saying that this will strengthen the class action lawsuit happening in US.
- There's a chance that their trading will be suspended or delisted in the NYSE if they don't come out with the restatement by mid- December.

[Wylliecoyote]

Second Cup looks like it might be an interesting pick once it has its IPO.

[MUSKAMIKE]

Has anyone been watching Ebay? or even Google for that matter? I agree it's a high buy in, but outlook is amazing for it.

Google has just reamped marketing and stradegy because Mircosoft is beta testing their search engine. Basically Google has stated they are going to add ANOTHER 2 billion sites to their list.
http://finance.yahoo.com/q?s=GOOG&d=t


And as for Ebay, 4 months ago it hit a year low around 70.00 a share. Man, look at it now. It's gone up almost 12 dollars in the last week alone.
http://finance.yahoo.com/q?s=EBAY&d=t

my opinion!

Others you shoudl check into are

Adobe Systems (look at chart for 3 year)
http://finance.yahoo.com/q?s=ADBE&d=t

Dell - it has been flatlined for awhile (stock stays roughly the same) and a good time to buy in.
http://finance.yahoo.com/q?s=DELL&d=t

KTV - read up on them. They have alot of exclusive rights.
http://finance.yahoo.com/q?s=KTV.V&d=t

If you listen to Howard Stern, you'll know. Satillite company. Stern sign mega deal with them awhile ago. currently has about 600,000 subscribers, expected to get about 2million when stern finishes radio contract this next year.
http://finance.yahoo.com/q?s=SIRI&d=t

Thanks!

[Aleem]

my opinion!

Dell - it has been flatlined for awhile (stock stays roughly the same) and a good time to buy in.
http://finance.yahoo.com/q?s=DELL&d=t





It at a 4 yr high. I would be careful with Dell.

Short RIM.
Short RIM
Short RIM

until patent dispute w/ Good Technology is cleared.


Have a great weekend

[bionicbadger]

I still say CUX

new 52 week high today. Exceeded analyst expectations. Should double again by end of next year.

For those of you that haven't looked at CUX, FYI:
52 week low: $1.55
Today $8.40

[robattoronto]

Yep, still holding on to it. Its an awesome stock. Has been a rollercoaster ride the past one month.


I still say CUX

new 52 week high today. Exceeded analyst expectations. Should double again by end of next year.

For those of you that haven't looked at CUX, FYI:
52 week low: $1.55
Today $8.40

[B40]

Wpte @ $8
Flex @ $12.80

WPTE currnetly $11.15, high of $12.30 few days ago
FLEX currently $14.30, high of $14.60 few days ago

I sold both these stocks last week and bought LUCY, they had a bad quarter, but if you read the news release, they explain why. Oversold, down almost 30% today and I bought in at $2.16 this morning.

[YLSF]

For anyone that wants to scratch their head in confusion... look at the stock chart for GOAM on the Nasdaq over the last week or so!

[B40]

For anyone that wants to scratch their head in confusion... look at the stock chart for GOAM on the Nasdaq over the last week or so!

Low float stock, will be keeping my eye on this one. Thx

[dummjock]

Is Bombardier looking any good? It just hit a 52wk low, but I dont think they will turn a profit for 3rd quarter, wait till these come out then see?

[B40]

Is Bombardier looking any good? It just hit a 52wk low, but I dont think they will turn a profit for 3rd quarter, wait till these come out then see?

Bombardier is at an attractive price right now. I don't think there will be a dramatic increase any time soon though. Not a bad stock to buy and hold for 3-5 years. Personally I'd put my money into growth stocks or ING direct instead of Bombardier.

[dummjock]

While surfing the BBD.D forum on stockhouse I came across TAH.TO which has been mentioned here before. They look like a good bet as well. New mine starting construction early 2005 with full production hitting in by 2006. Seems like good idea to me but I am a new investor. If look at a similar project, the Ekati mine by BHP Diamonds had a relatively good return after the beginning of production. This corresponds to october 1998 production starting and good returns in jan 1999.

The only things I am concerned about are when production will infact begin for TAH. The other is if man made diamonds will raise competition and lower profits for earth diamonds. However, the diamonds that we get from TAH should be precious (non-industrial) and carry a more sentimental value than a cost-efficient value.

My current plan is to invest around decemember 8th when TAH will release info regarding the water licence. Shortly after I would expect them to make a stock sale to to start gaining capital to begin facility construction.

Please correct me if I am wrong as I am new to this whole thing.

On a side note, does anyone know good online sources to research on what the various graphs and investment ratios mean?

[bionicbadger]

Read this article before you invest in a diamond mine.
http://www.wired.com/wired/archive/11.09/diamond.html

[dummjock]

Read this article before you invest in a diamond mine.
http://www.wired.com/wired/archive/11.09/diamond.html

Yes, this was infact a previous concern, but as I said, earth stones carry a sentimental and traditional value. I doubt you could pass off a cheaper substitute to your girlfriend, she would assuredly slap you(I think so at least). Maybe someone should try to clarify this =)
On another note, they are making legislation stating you must mark man-made diamonds. As in the article, I have no doubt man-made diamonds will take away industrial applications from debeers but the jewels will remain a large market for sometime to come, especially considering this venture will likely peek within 2-5 years.

Again, please correct me if my logic seems incorrect.

[B40]

I don't follow that company, but be very careful when investing in these junior mining companies. Just make sure you're not being taken advantage of by some pump and dump scheme.

[benf]

Bombardier is at an attractive price right now. I don't think there will be a dramatic increase any time soon though. Not a bad stock to buy and hold for 3-5 years. Personally I'd put my money into growth stocks or ING direct instead of Bombardier.

While I did own bbd.b stock a while back, I after I sold for a modest profit, I decided I'd rather own their debt.

6-7% for a 2-3 year bond of a BBB rated company is pretty decent, and you will get 100% of your money back if the company is still solvent.

A stock that I own that I consider 'hot' and has been doing amazingly well is Denison Mines, (DEN on the tsx). This mid capped uranium producer has gained about 30% in the past week!

[B40]

While I did own bbd.b stock a while back, I after I sold for a modest profit, I decided I'd rather own their debt.

6-7% for a 2-3 year bond of a BBB rated company is pretty decent, and you will get 100% of your money back if the company is still solvent.

A stock that I own that I consider 'hot' and has been doing amazingly well is Denison Mines, (DEN on the tsx). This mid capped uranium producer has gained about 30% in the past week!

Nice...I will be keeping an eye out on this one...I like the upward trend line. What'd you get in at and what's your outlook on the stock?

[benf]

Nice...I will be keeping an eye out on this one...I like the upward trend line. What'd you get in at and what's your outlook on the stock?

Actually, I've been following it for about a year, should of got it earlier but just got in about 2 weeks ago at $9

I read about the world shortage of uranium for nuclear power plants (currently about $20/lbs when it was at $12 Jan 1) and that China is building 5 of them per year for next dozen years, so I decided to take the plunge.

Uranium has no where to go but up, IMHO.

[MUSKAMIKE]

Hey everyone in the dead thread! quick question...

Where do you get your money to invest? Sounds like a dumb question, buttttttt....I mean like...Do you take part of your paycheck and put it aside, or make other money from something? I have a stong portfolio, but have yet to put alot of money into it. (Alot of money for me is 2000+) I plan to borrow roughly 6,000 from my parents to invest. I was just curious how other people manage.

[bionicbadger]

Hey everyone in the dead thread! quick question...

Where do you get your money to invest? Sounds like a dumb question, buttttttt....I mean like...Do you take part of your paycheck and put it aside, or make other money from something? I have a stong portfolio, but have yet to put alot of money into it. (Alot of money for me is 2000+) I plan to borrow roughly 6,000 from my parents to invest. I was just curious how other people manage.

Savings, tax refunds, wedding gifts. If my chequing account goes over a certain amount for month or so, I transfer money into one of my stock accounts.

I wouldn't borrow money for investment. Too risky, too many people have gotten into trouble doing that.

The real key is to spend less than you make. Don't buy all the dumb crap you want but don't really need (this is hard when you visit RFD a lot). Save that money and grow it. Would you rather have a fancy $600 video card, or would you rather take that money, invest it, and turn it into $3000+ a year later, while the value o f the video card has dropped? (see my reference to the CUX stock above)

[ItzMe]

Hey everyone in the dead thread! quick question...

Where do you get your money to invest? Sounds like a dumb question, buttttttt....I mean like...Do you take part of your paycheck and put it aside, or make other money from something? I have a stong portfolio, but have yet to put alot of money into it. (Alot of money for me is 2000+) I plan to borrow roughly 6,000 from my parents to invest. I was just curious how other people manage.

Taking an automatic transfer off the paycheque works well...then you can't spend it or put it off etc. :)

[B40]

Taking an automatic transfer off the paycheque works well...then you can't spend it or put it off etc. :)

The Wealthy Barber book suggests taking 10% off every pay check and just putting it into a mutual fund letting dollar cost averaging and compound interest go to work for you.

[dummjock]

For anyone interested in learning how to do Tech Analysis I found this site. I have been reading some of it and it explains things fairly well for the beginner investor.

http://www.fimi.com/studies/dir.htm

I still have most of the articles left to read but after that, I will practice it a few times before I actually put it into practice though.

[bionicbadger]

Woot!
CUX at $10.49 this morning. $1.55 a year ago.
Is there no end? :cheesygri

[robattoronto]

Yep. Enjoying the ride at the moment. I bought some at $7 maybe a month back. Bought some more at $8.95 after I dumped off my Nortels. I don't regret it one bit. WTG CUX! It just keeps surprising me. I could have had a bad day during the past one week, but one look at CUX and I'd be grinning from ear to ear. :D


Woot!
CUX at $10.49 this morning. $1.55 a year ago.
Is there no end? :cheesygri

[b166er1337]

for anyone who is looking for PROFESSIONAL stock picks.
you can subscribe or sign up for free newsletters in

www.smartselected.com

[Cough]

for anyone who is looking for PROFESSIONAL stock picks.
you can subscribe or sign up for free newsletters in

www.smartselected.com

Thanks. We already ignored your other post. Smartselected does not look like a decent source of info. But please go ahead and sign up and let us know how you do. :cheesygri

[Cough]

Woot!
CUX at $10.49 this morning. $1.55 a year ago.
Is there no end? :cheesygri

How does an O&G company in "unstable" parts of the world get such a great multiple - EPS is only 17 cents?? :confused:

[bionicbadger]

How does an O&G company in "unstable" parts of the world get such a great multiple - EPS is only 17 cents?? :confused:

Egypt & Tunisia aren't nearly as unstable as most of the middle east.
EPS is 19 cents, but they have huge proven reserves, have huge tracts of land :lol: (monty python reference) to drill. Their drilling success has been phenomenal and the siesmic they have for the some of the undrilled areas looks fantastic. They've increased production a whole bunch in the last year, will double again next year, and could double again the year after that, just on holes they've already drilled. Some of the areas they are exploring have huge potential and a hit on any of those, will bump the stock to $20+ easy.


Our 12-month stock price target is for 6x (our expectation of Proven RLI given the fabulous
successes in Egypt) our annualized 2005 exit cash flow of $2.40 or $14.40. This does not
upside from the high impact exploration in Tunisia at Mellita and the deep Triassic or the
Egypt. Each 10mmcf/d in added natural gas plus condensate volumes adds 10 cents to cash
A success on any of the high impact plays could take the stock to $20.00/share in 2005.
Balance of Evidence
Growth Drivers Limits to Growth
Centurion has significant upside from natural gas and
natural gas liquids over the next few years in Egypt.
With success on the new concession blocks,
production could exceed 300 mmcf/d in 2006, overall
volumes could reach over 50,000 boe/d and cash
flow could exceed $2.50/share. With 3 high-impact
plays for 2005, CUX could punch through $20 with
any significant exploration success.
�� Internationally exposed companies at times
gotten as much investor attention as domestic
companies. However, this has not been
CUX .
�� The company has had production difficulties
etc that delayed and halted production.
given the significant success the company
growth glitches are to be expected.

I sold some this morning at $10.76, my remaining 6000+ CUX shares are pure profit and I'm in for the long haul.

[Jetran]

for anyone who is looking for PROFESSIONAL stock picks.
you can subscribe or sign up for free newsletters in

www.smartselected.com

I can't see how this is professional from a company that takes payment through Paypal!

Seems fishy that you'd need to post here after you made a previous thread of your own.

[Wylliecoyote]

GCE.TO I've been watching this one since it was around $5 to $6. It is currently up to $14.16. It had an IPO at $2.60 6 months ago. Can't kick myself too hard over this missed opportunity. Anybody watching the Second Cup IPO?

[b166er1337]

Thanks. We already ignored your other post. Smartselected does not look like a decent source of info. But please go ahead and sign up and let us know how you do. :cheesygri

i already signed up :lol:

if you want some current picks...pm me and i will send you a couple and see for yourself :lol:

[Cough]

GCE.TO I've been watching this one since it was around $5 to $6. It is currently up to $14.16. It had an IPO at $2.60 6 months ago. Can't kick myself too hard over this missed opportunity. Anybody watching the Second Cup IPO?

Yeah I was interested in Second Cup but I missed the oppoortunity to get in on the issue) I got an email from TD Waterhouse at 11:30 but by the time I logged on at 2:30 it was fully subscribed - so I think it will be quite hot.

[B40]

Yeah I was interested in Second Cup but I missed the oppoortunity to get in on the issue) I got an email from TD Waterhouse at 11:30 but by the time I logged on at 2:30 it was fully subscribed - so I think it will be quite hot.

What's the market cap? Is it a good investment considering the amount of Timmy's and Star Bucks?

[Cough]

Issuer: Second Cup Royalty Income Fund
Short Description: IPO of Trust Units via Marketed Deal
Size of Issue: Approximately $79-million
Category: Income Trusts
Prospectus: prospectus.200411250928142321B.EN.pdf - FINAL -
Product Information: Not yet available
Final Price: $10.00 CDN per unit
Dividend: Intends on making monthly distributions
Maturity:
Pricing Date:
Final Settlement Date: Dec 02, 2004
Symbol:
RSP Eligible: Yes
RSP Content Domestic
Lot Size: 100
Min. Quantity: 100
Max. Quantity: 100,000
Description: Second Cup Royalty Income Fund has been created to hold, indirectly through Second Cup Trade-Marks Inc. (MarksCo), the Canadian trade-marks and other intellectual property and associated rights currently owned by The Second Cup Ltd. and used in connection with the operation of Second Cup cafés in Canada.

Pursuant to a licence and royalty agreement between MarksCo and the successor to the Canadian business of Second Cup (New Second Cup), New Second Cup will pay MarksCo a royalty equal to 6.5% of System Sales of the Second Cup cafés included in the Royalty Pool from time to time, in consideration for New Second Cup having a 99-year licence to use the Second Cup Marks in Canada. The Royalty Pool will initially consist of 351 Second Cup cafés.

Second Cup is Canada’s largest specialty coffee café franchisor and second largest retailer of specialty coffee, as measured by number of cafés. Since the opening of its first café in suburban Toronto in 1975, Second Cup’s network has grown to 372 cafés across Canada, of which 346 are franchised and 26 are company owned.

Please refer to the prospectus for full details on this offering.

[Aleem]

Yeah I was interested in Second Cup but I missed the oppoortunity to get in on the issue) I got an email from TD Waterhouse at 11:30 but by the time I logged on at 2:30 it was fully subscribed - so I think it will be quite hot.


It may be, but remember TD Waterhouse had a very small allocation of shares for the street, hence it being sold out very quickly - mainly to insiders and preferred clients who get phone calls from their brokers - not mass e-mails :D

[grant]

Yes, this was infact a previous concern, but as I said, earth stones carry a sentimental and traditional value. I doubt you could pass off a cheaper substitute to your girlfriend, she would assuredly slap you(I think so at least). Maybe someone should try to clarify this =)
On another note, they are making legislation stating you must mark man-made diamonds. As in the article, I have no doubt man-made diamonds will take away industrial applications from debeers but the jewels will remain a large market for sometime to come, especially considering this venture will likely peek within 2-5 years.

Again, please correct me if my logic seems incorrect.

Who are "they"? A government? Which government? Certainly DeBeers will adopt any marking scheme that will stabilize the value of their mined-diamond stockpiles, but that's a long way from legislation.

One of the synthetic diamond producers is not at all worried about natural diamonds keeping a "sentimental value"... the only difference between his diamonds and natural are his are _perfect_. Do you really think a woman is going to be upset if you give her a _perfect_ diamond instead of a flawed one?

Of course, there's no accounting for feminine whims. The whole idea of diamonds being romantic is the greatest marketing success in history. It's like that simpsons episode: "diamonds: because money = love"

[b166er1337]

all right..

for all your doubters out there.

the latest stock picks courtesy from smartselected.com

SNDK <---- strong buy

Monday opening: $23.04

[hagbard]

Not sure if this has already been asked, but what are those "funds" that are tied to the stock market (TSE, etc) and have very very low management fees? Any recommendations, I just need something to park money in.

[B40]

I just need something to park money in.

Put in in ING if that's the case.

[hagbard]

Put in in ING if that's the case.

I have some there, I also have a hunk of change in my investment account just sitting there doing nothing...I'd like to put it into one of those index funds, or whatever you call them.

[Cough]

I have some there, I also have a hunk of change in my investment account just sitting there doing nothing...I'd like to put it into one of those index funds, or whatever you call them.
You want Barclays Iunits - eg XIU-T

[hagbard]

ETFs, that's it!

[Barton03]

SLF Sunlife Fin. Closed at $32.83

[ItzMe]

SLF Sunlife Fin. Closed at $32.83

Since it trades about 10x the volume on the TSX, the TSX closing price was 38.72 :P

It's ROE results from the 3rd quarter were up a little from 10.3% in '03 to 11.4% but still below average with the US results dragging it down (again!)...

Stewart announced that in Jan. there's a restructuring to put its varied asset management businesses under one umbrella...combined with the hope that it's legal and compliance issues are put to rest ending the penalties and settlements, SLF could see 2.95 per share this year, and upto 3.30 next year, some nice improvements...

[Barton03]

Since it trades about 10x the volume on the TSX, the TSX closing price was 38.72 :P

It's ROE results from the 3rd quarter were up a little from 10.3% in '03 to 11.4% but still below average with the US results dragging it down (again!)...

Stewart announced that in Jan. there's a restructuring to put its varied asset management businesses under one umbrella...combined with the hope that it's legal and compliance issues are put to rest ending the penalties and settlements, SLF could see 2.95 per share this year, and upto 3.30 next year, some nice improvements...


shh..dont tell everyone! it'll be our little secret!

[ItzMe]

shh..dont tell everyone! it'll be our little secret!

:P OK! But only because you asked nice. Honest!

[bmwguy]

I have a stock to add to this long discussion. The company is Intrepid Minerals and currently trading at 0.66 on the TSX under the symbol IAU.TO.

http://ca.finance.yahoo.com/q?s=IAU.TO&d=t

I currently have 2000 shares which I bought a couple months ago at 0.66 cents. Since then the stock has dropped a little, but with some good news today it came back up and went as high as 0.70. The reason I originally bought this stock was because a couple guys at work kept telling me it is supposed to be big one day. They have been in it for a while now and are waiting. This is more of a long term stock, because they are currently operating in a LOSS and don't expect to make any money until around 2006. They currently have a few mines accross North and South America, which they believe to have a lot of potential and could probably sell worse case scenario.

If you are looking to buy some of these shares, I reccomend reading their annual reports, which outline all the risks associated with the stock.

I am not telling anyone to buy this, just to take a closer look and make your own decision. As with any stock do your research before buying.

[b166er1337]

all right..

for all your doubters out there.

the latest stock picks courtesy from smartselected.com

SNDK <---- strong buy

Monday opening: $23.04


all right ppl..
after 6 day of trading, SNDK closed @ $24.66 today, Dec 6th. That is a 7% increase in ONE week!

it's still not too late to subscribe to www.smartselected.com as they are increasing the subscription fee beginning next week~ so hurry up :cheesygri

[vr6man25]

pm sent b166er1337

[b166er1337]

vr6man25 was curious about what's the current picks sent out by www.smartselected.com to its subscribers.

since i like most of you guys, i will share a couple.

SNDK <- already mentioned

and

BIOM <- going up like crazy in last couple of days

[b166er1337]

latest picks from smartselected.com

Strong Buy ISWI at 3.60

gl!

[dummjock]

From what I can tell, all the stocks you have mentioned have all tanked recently.

For those looking for a decent stock which seems to have steady growth. Check out ANSYS. They are a computer aided engineering development firm that is climbing to the top of their feild. They are quite volatile but the growth seems steady, and with the large number of aquisitions they are making it seems like a solid performer.

[b166er1337]

From what I can tell, all the stocks you have mentioned have all tanked recently.

For those looking for a decent stock which seems to have steady growth. Check out ANSYS. They are a computer aided engineering development firm that is climbing to the top of their feild. They are quite volatile but the growth seems steady, and with the large number of aquisitions they are making it seems like a solid performer.

heh, before they tank, they all climb like 20% beforehand.
the trick here is to know when to sell the stocks for maximun profit. i guess this site is more suitable to those who like short-term investment :cheesygri

[dummjock]

Actually, the stocks that you mentioned were already at their maximum when you mentioned them.

And for the short term, you are taking a large leap of faith without doing your own due diligence.

[b166er1337]

Actually, the stocks that you mentioned were already at their maximum when you mentioned them.

And for the short term, you are taking a large leap of faith without doing your own due diligence.

hey dude...just relax
im just posting some picks for free.
if you want to buy it, you are welcome to
if not, it's fine too.

besides, how about let's just wait and see how this one goes? ;)

[Barton03]

pls follow the same rules we have mentioned. post stock quote WITH their current price or market close price. Thank you.

[B40]

Wpte @ $8
Flex @ $12.80

http://forums.redflagdeals.com/showpost.php?p=1036541&postcount=291

WPTE now at $12.50 - 56% gain
FLEX now at $14.50 - 13% gain

[Shaf]

http://forums.redflagdeals.com/showpost.php?p=1036541&postcount=291

WPTE now at $12.50 - 56% gain
FLEX now at $14.50 - 13% gain

Good Choices!

[sumfunny]

Aleem's TOP Picks for 2004:


Large cap companies:
General Electric @ $30 (US) - GE.NYSE
Pfizer @ $30 (US) - PFE.NYSE


Speculative, small cap companies:
CSI Wireless - CSY.TSX
Forzani Group - FGL.TSX
Inex Pharmaceuticals - IEX.TSX
Cumberland Reseources - CBD.TSX


Happy new year to all.
Let see :
GE:37.38 20+% increase
PFE 27.33 -8%
CSY 1.9 or - 4.00 200+% increase
FGL 15.8 to 11 -30% return
IEX 6 to .70 -88% return
CBD 4 to 2 -50% return
intersting portfolio

[canadiantofu]

Seeing as how this tread has span over a long time....and if you have taken some advise from it you might have made money before some of the recommended stocks tanked....

I think it would be more interesting if people posted

Their recommended stock follow by the buy price and target sell price.
Format:
Stock - buy @ $$.$$ on DATE sell @ $$$.$$ by Date

For example.

CVQ.V buy @ $2.60 on Dec. 14 2004 sell @ $3.30 or $2.00 by Jan. 30 2004
or
CVQ.V buy @ $2.60 on Dec. 14 2004 sell @ 110% by Jan. 30 2004.

let the pissing contest begin!! :)

[b166er1337]

latest picks from smartselected.com

Strong Buy ISWI at 3.60

gl!


ISWI close at $3.79 today
it went up $0.19 (5.28%)

[Aleem]

Short RIM.
Short RIM
Short RIM

Have a great weekend


as I was saying...

[sharkyJay]

High risk play for long term profit

lti.V buy @ $0.30 on Dec. 15 2004 sell @ (depends on news and contracts) by Dec. 30 2005.

Think of monitoring it for a year, don't expect short term gains on this one, support at .30 but won't jump until news comes out which could be a long time or just a few weeks.

[sd4]

which broker are u people using? i want to be a day trader

[sharkyJay]

PFE.N buy @ $28.85 on Dec. 16 2004 sell @ $38 by June. 30 2005. (Selling depends on the technical analysis and earnings report as well as drug development)

Hit low right under $27 and just broke resistance of $28.48 plus 3% dividends. :cheesygri

[Cough]

PFE.N buy @ $28.85 on Dec. 16 2004 sell @ $38 by June. 30 2005. (Selling depends on the technical analysis and earnings report as well as drug development)

Hit low right under $27 and just broke resistance of $28.48 plus 3% dividends. :cheesygri

Bought at $27.52 October 16 :cheesygri I'm a buck aghead of you.

[sharkyJay]

Bought at $27.52 October 16 :cheesygri I'm a buck aghead of you.

I bought at over $29 right after the US election, thought that it was the catalyst and would not be able to catch it. Either way I'm happy to see it go up but not a big position in my portfoilio.

[Cough]

While on drugs, check out AZN $40.24 and MRK $31.17. Although I have lost a bundle on Merck (due to Vioxx) I am holding on because I think they will be back strong in 6 months.

[bionicbadger]

When I first posted about CUX on Feb 27, it was $3.60
now about 10 months later its over $12.

I'm pretty sure it will be over $20 next year at this time, maybe much earlier depending on drilling success.

[Cough]

When I first posted about CUX on Feb 27, it was $3.60
now about 10 months later its over $12.

I'm pretty sure it will be over $20 next year at this time, maybe much earlier depending on drilling success.

Come on BB. How many times are you going to rub our noses in it :cheesygri You did well!

OK?

[B40]

While on drugs, check out AZN $40.24 and MRK $31.17. Although I have lost a bundle on Merck (due to Vioxx) I am holding on because I think they will be back strong in 6 months.

I'm iffy of the whole pharmaceutical industry, there may be other drugs taken off the market. It is my understanding that MRK has a very similar drug to Vioxx. I would be very cautions with this industry.

[sumfunny]

I'm iffy of the whole pharmaceutical industry, there may be other drugs taken off the market. It is my understanding that MRK has a very similar drug to Vioxx. I would be very cautions with this industry.

You don't know how similar they are .....




Actually Vioxx was Merck's hece the huge fall from like 48 to 31

[B40]

You don't know how similar they are .....




Actually Vioxx was Merck's hece the huge fall from like 48 to 31

That's right, I keep getting Merck and Pfizer mixed up...I remember reading Pfizer had a similar drug to Vioxx.

[sharkyJay]

That's right, I keep getting Merck and Pfizer mixed up...I remember reading Pfizer had a similar drug to Vioxx.

and Pfizer was confirm not to have safe. Merck has lost a lot of trust while Pfizer is a safer bet and have strong credibility with large amount of drugs all over the world. This means it's a lot less risker which leads to a less of a potential than Merck.

[Cough]

AZN is going to drop today. Buy some after it does.

[dealers]

PFE going down over 16% as of 10:50am!

Great buy? I am waiting to get it!

[Cough]

PFE going down over 16% as of 10:50am!

Great buy? I am waiting to get it!

Good buy yesterday

Great buy today


Damn Celbrex! Dont by any drugs ending in X !!

[robattoronto]

Just bought some PFE @ $24.56 for myself for Christmas. :D


PFE going down over 16% as of 10:50am!

Great buy? I am waiting to get it!

[sharkyJay]

Personally I would not buy more, there is a heavy risk. There is a Canadian Class action suit against Pfizer for Celebrex I believe. Think they might lose it and by the wording of the news release there is a chance they might even put the drug off the market or at the least the demand for the drug will decrease.

[robattoronto]

It'll all depend on how long you're planning on holding it now would'nt it? My layman guess is, its a good price right now and it'll pay off in the long run. Lotsa baby boomers out there.


Personally I would not buy more, there is a heavy risk. There is a Canadian Class action suit against Pfizer for Celebrex I believe. Think they might lose it and by the wording of the news release there is a chance they might even put the drug off the market or at the least the demand for the drug will decrease.

[sharkyJay]

It'll all depend on how long you're planning on holding it now would'nt it? My layman guess is, its a good price right now and it'll pay off in the long run. Lotsa baby boomers out there.

I 100% agree, that's why i'm not stressing over the drop, it's undervalue based on the historical data. Just wait for them to develop a few new drugs and baboom. Plus you get 3% (maybe 4% now) dividend, but don't like the with-holding tax.

[B40]

PFE going down over 16% as of 10:50am!

Great buy? I am waiting to get it!
As I said, stay away from this industry until the dust settles.

http://biz.yahoo.com/ap/041217/pfizer_celebrex_11.html

[simms]

can anyone recommend some good penny stocks? I was looking at a few but I'm pretty new to the stock scene.

So how does it work anyways? I Have about $2k to invest - I heard that you get really ripped by broker's fees though.

[Nemodigital]

I would also like to recommend a stock, Zenon Env traded as ZEN on the TSE. I originally bought it for $9.10 about 3 years ago and sold in the beginning of this year and jumped back in a few weeks ago at $21.50, right now it looks like its gonna close at $23.00. I would recommend this stock because the company has an excellent performance record with a typical growth of %20 to %30 a year http://www.zenonenv.com/investor/investor.shtml Also think about it clean water is essential, even if we were to hit a major recession this company would still perform well plus they are the unisputed leader in membrane filtration technology.

[Nemodigital]

Hey Simms, you heard right at $2,000 you would get ripped by brokers fees. Its all about ratios so if it costs $25 to buy and $25 to sell the stock you are looking at 2.5% gain on that $2,000 just to cover that $50 you spent on buying and selling the stock. I would recommend $6,000 or so to get started otherwise yours odds are against you from the start. If you do jump into stocks with serious cash be prepared for a change of lifestyle because for certain stocks you gotta constantly watch them... you might even find yourself becoming a religious man if you were not so from the beginning as market speculation can wreak havoc on your portfolio.... I say consider Mutual Funds or GICs.

[b166er1337]

latest picks from smartselected.com

Strong Buy ISWI at 3.60

gl!


ISWI closed today, Dec 17th, @ $4.03
it's gone up 11.94% in only 4 trading days!

[sharkyJay]

Simms, I think most would agree with me when I say you should get the index stock (XIU.T) if you want to invest and don't know too much about stocks.

However like Nemodigital said, if you want to see a BMW or God in your driveway soon then go for the penny stock. (I don't recommend but seeing God is nice but not in this circumstance)

[B40]

Just bought some PFE @ $24.56 for myself for Christmas. :D

Nice move, if I were you, I'd sell now for the quick profit...

[Nemodigital]

Hey sharkyJay you might laugh now but its true.... you will find yourself saying "please little stock ticker point up just for today so I can cover my $1000 dollar loss and I will never buy stocks again" I consider myself relatively well educated when it comes to stocks but I found it will test your nerve and resolution. For example when I bought ZEN at $9.10 a few years ago and it dropped to $6-7 for no technical reason just speculation I found myself in that place.

-Nemo

[ramoose]

can anyone recommend some good penny stocks? I was looking at a few but I'm pretty new to the stock scene.

So how does it work anyways? I Have about $2k to invest - I heard that you get really ripped by broker's fees though.


one that I am following is TM Bioscience(TMC) on the tsx up about 30% in the last month. closed toady at $1.91.
Etrade's fees are reasonable. The best is Ameritrade at $10.99 u.s. a trade but right now all you can do is trade in the u.s. with them.

[mtevel]

blows

[ItzMe]

can anyone recommend some good penny stocks? I was looking at a few but I'm pretty new to the stock scene.

So how does it work anyways? I Have about $2k to invest - I heard that you get really ripped by broker's fees though.

Treat penny stocks like Gambling...you could hit the jackpot, but the odds are that the house will win (or in the penny stock case - that you'll loose your capital :D)...often these stocks have negative earnings, are cash poor, and have huge volatility based on speculation and rumour!

Remember...if it was so easy to make a boat-load of money in penny stocks, (or just stocks for that matter) nobody would have a day job :P...

I wouldn't say you'd get ripped by the broker's fee - IPO's on OTC (over the counter) or pink sheets can release at $0.30 (30 cents) and hit 3.00$ in a day...your 2K would have become 20K at which point I don't think 25$ here or there would be a big deal :P...of course those IPO's all too often go the other way and you may find yourself with a few hundred $ left too! :)

If your not very familiar with the markets and the issues that are floated on them, be careful...it can be pretty hard to watch your stock tank and a movement of only a penny or two can be a big influence on a penny stock - I recently had 20,000 shares of ISME (OTC) which I bought at 0.018$ and sold at 0.03$ - made a couple hundred dollars after comissions with it - all from a 1 penny movement...similarly a 1 penny movement in shares I own in say Sears would be much less as the quantity of shares I would own for the same amount of capital would be far less (i.e 2K could get you a board lot (100 shares) of Sears with a few hundred left over, compared to 66,666 shares of ISME!!! :P)...

Anyway - I keep my "penny" allocations to about 1000$ worth of "play" fun - the rest of my portfolio is more sensibly allocated :) ... the pennies are a substitute for Blackjack at the casino :P...if my only funds were just the 2K I wouldn't consider putting them into pennies...once you have a portfolio setup, have become more familiar with investing etc. then maybe...but otherwise, a severe loss in penny stocks could discourage you from investing in the future when you have more money - something that could adversely affect you ... (but all above is just IMHO etc...)

Always remember, at the end of the day, it's your money - you have to decide what you're comfortable investing in - you don't have to invest in penny stocks to become a billionare (Buffet started his investment partnership with 100$ and as far as I can recall, never touched such a speculative investment as a penny stock is!...)
Then again, I've seen some people participate in a penny stock IPO that shot from 30 cents to 6$ in a week and have wanted to kick myself for not jumping in...treat it like a Casino I say - it's the only way to remain sane! :D

[MSBP]

99.9% of the time penny stocks are **** and for people who want to pay high commissions and lose money. That sasid I bought DMX Dimethaid on Friday for a quick play as due to the Pfizer news people look for alternatives. stock went from 28 cents to 36 cents. When the news came out about Vioxx (merck) a few months ago the stock went from 0.30 to almost a buck and then tanked a week or so later. I will more than likely get out soon with a nice profit. Its all about knowing what to buy and how to react when news breaks and often it is searching for alternatives. Get in and get out

[Coolisme]

Im actually a new wannabe-investor. Can someone here tell how do I start trading stocks. Do I go to a bank or something and set up some sort of "investing account"?

Can someone here tell me how?

[simms]

Im actually a new wannabe-investor. Can someone here tell how do I start trading stocks. Do I go to a bank or something and set up some sort of "investing account"?

Can someone here tell me how?
Exactly what was on my mind. I heard you can do it online as well? But more of the big companies cater to the US market (not surprisingly) and so there are limited number of options to go.

Here's another question for you: Mutual funds over a 5 year term (http://www.txn.banking.pcfinancial.ca/ams/servlet/CIBCMutualFundsIMF) have a 5 year return of 2.7%. This isnt' guaranteed either.

GIC's, on the other hand, can make 4% over a 5 year term, GUARANTEED (http://ingdirect.ca/en/acct_rate/pd_cadgic.html) So what's the point of mutual funds if GICs earn more interest and it's guaranteed at that?

I think the growth of a GIC is too small for me. I'm 19 right now, and I'm lucky enough as a student to have some savings I can use. So would you recommend stocks for me, or should I really just throw it in a mutual (or GIC, but both seem to have too slow a growth for me?)

[ItzMe]

Im actually a new wannabe-investor. Can someone here tell how do I start trading stocks. Do I go to a bank or something and set up some sort of "investing account"?

Can someone here tell me how?

You need to open a "Brokerage Account". Most major banks offer them - For example TD Bank has "TD Waterhouse" - it's brokerage arm...

These brokerage arms offer both "Full service brokerage" as well as "Self-directed" accounts - full service will give you a broker who assists you in investment decisions, helps you design portfolios, etc. - comissions are generally considerably higher for trading - alternatively if you have a decent sized asset base to invest, they may give you unlimmited trading and charge a percentage of your assets every year as their fee (ie 1% or whatever)...

Many of the (better) full-service brokers won't take your account unless you have a minimum investable asset base of anywhere from 100K to 1million$ + depending on the broker...

If you go the full-service route, check references out, talk to friends and family to see if they have any recommendations, etc...it can be tough to find a good broker, but some are out there and they do very well for their clients! :)

Alternatively if you want to go self-service, you'd sign up with the Discount Brokerage arm of these places - fees are considerably less when you go that route...

Often they'll require a minimum account size of only 5000$ (if you have less you can still open the account with almost everyone but BMO AFAIK, but there's usually a fee every quarter - TD Waterhouse can waive it under certain conditions though - you can complete 2 comissionable trades in the previous quarter, or sign up for "e-services" - basically agree to get your trade confirmations, monthly statements, and any prospectus(es) online in PDF format instead of by mail on paper, and they waive the quarterly fee for small accounts - note this is non-registered only)....

You can usually sign up on the website of your prefered brokerage for the account - they'll mail you some paperwork that you sign and send back in and voila your up and running - TD Waterhouse can get you up in a day or 2, and will give you a 30 day window to return signed copies of the paperwork - you can still trade etc. in that window without issue, just make sure you do return the paperwork or they'll close your account and you may incur some losses...

These brokerage accounts come in 2 main flavours - Registered and Non-Registered...depending on whether you want it for your RRSP/RRIF/Locked in accts, etc. or not.

Registered accounts will require a minimum of anywhere from 15,000$ to 25,000$ to waive a 100$+ annual fee depending on the brokerage...if you eliminate stocks from the equation and stick to fixed income & mutual funds in the registered account, you can knock down the fee to 25$ at CIBC, TD, amongst others...

Non-registered accounts have more flexibility mainly in that you can trade stocks, fixed income, mutual funds, as well as apply for margin (basically a line of credit) which will allow you to buy stocks fixed income mutual funds etc. on margin, as well as engage in options trading...margin can be very risky (it can multiply your gains, but it can also multiply your losses!) - so if you're new to investing, a cash account may be the better way to go - you can always add margin later if you feel its a necessary component of your investment plan(s)...

Don't know what else I can tell you - a good place to read up on all the brokerages and get info on their fee structures etc. is The Globe & Mail Discount Brokerage Survey...you can access it on their site if you have globeinvestor gold or insider edition access...I also posted a copy of the survey in this thread here (it's split into 2 posts with the survey as well as direct links to each brokerage's globe & mail page highlighting the specific cost info etc.):

http://67.19.207.84/~redflagd/forum/showthread.php?p=1178790&#post1178790

Hope this helps...! :)

[ItzMe]

Here's another question for you: Mutual funds over a 5 year term (http://www.txn.banking.pcfinancial.ca/ams/servlet/CIBCMutualFundsIMF) have a 5 year return of 2.7%. This isnt' guaranteed either.

GIC's, on the other hand, can make 4% over a 5 year term, GUARANTEED (http://ingdirect.ca/en/acct_rate/pd_cadgic.html) So what's the point of mutual funds if GICs earn more interest and it's guaranteed at that?

I think the growth of a GIC is too small for me. I'm 19 right now, and I'm lucky enough as a student to have some savings I can use. So would you recommend stocks for me, or should I really just throw it in a mutual (or GIC, but both seem to have too slow a growth for me?)

And some mutual funds have shown growth rates over 5 years in excess of 15% !!! :P...I'm not sure just which fund you're comparing it too, but it sounds like a poor(er) performing equity fund or some such and since there's hundreds to choose from, I doubt that it's exactly a fair comparison to take a mediocre fund and compare it unless that's what you were going to invest in :D...there's plenty of good funds out there that consistently outperform in a big way - it's just a matter of doing the research :)

Mutual funds can certainly be "slow" in their growth - but many can be quite "fast" as well! all depends on the risk your willing to assume (for example if you went into a sector fund such as one of Sprott's precious metals last year you would've come out with a gain of just under 70% after the 10% performance bonus was paid to the managers...seems pretty "fast" to me! :D (of course if you had your entire portfolio in that one sector fund, you might be staying up at night because of the enormous risk involved too!...)

I think (personally) you need to get some good reading on investing so you can master the concepts, and understand the differences between GIC's, mutual funds, stocks, bonds, etc. - I know the point of RFD is to be cheap, but a hundred bucks worth of books might be the best investment you make in gaining a good understanding of why equities will outperform fixed income in the long run, why your comparison seems pretty limited (for example if I compared an average Canadian bond fund which is by nature fairly safe compared to a GIC, there's many with 5 year rates in excess of 8 to 10%)....etc...

If you have the QuickTax 2003 cd, check out the hidden books folder on the CD (root dir afaik) and read up Gordon Pape's guide to Mutual Funds & Gordon Pape's guide to RRSP's ... great intro information and background stuff on mutual funds in general, as well as breakdowns of a ton of different mutual funds in a huge variety of categories with all sorts of info...

If you don't have the CD I'd recommend you check out his books anyway - they're excellent - his website has more info @ www.gordonpape.com ...

Anyway - there's a whole host of issues that you'd have to consider such as asset allocation, registered/non-registered (as a student there may be less of a tax benefit to registered, but you may be able to have it not count as an asset if/when you apply for student loans if it's registered and the acct value is below the threshhold (I believe it's 2000$ per year for every year after you turn 19)...

Again - get some books and do alot of reading before you jump in to investing!...

Some good websites to check out:

www.gordonpape.com - he has 50 odd pages of Q&A from 99 onwards - lots of good stuff in there...

http://www.moneysense.ca/ - a ton of great articles in here under the investing and planning pulldowns at the top - their bias is heavily towards ETF's but the basic concepts are sound ...

http://www.morningstar.ca/globalhome/main/index.asp - good place to get information on the different funds available.

http://www.globefund.com/ - another good place to research the various funds out there...

http://finance.sympatico.msn.ca/investor/investmentbasics/investbasics.asp - MSN money's Canadian basics site

http://moneycentral.msn.com/content/newtoday.asp - MSN Money US basics on the right hand side of the page there...

Finally you can search for "invest" or "investing" on RFD - alot of what you've asked has been written about in other posts too :)...hope this helps!

[b166er1337]

wow!

thx for the insightful post

thx :D

[B40]

More on Pfizer's Celebrex...

WASHINGTON, Dec 19 (Reuters) - Pfizer Inc.(PFE.N: Quote, Profile, Research) has agreed to suspend its advertisements for arthritis drug Celebrex while U.S. regulators review new data that link the drug to an elevated risk of heart attacks, a Food and Drug Administration spokeswoman said on Sunday.

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh5654 5_2004-12-20_02-59-52_n19322437_newsml

[Nemodigital]

I think Pfizer PFE will be a good buy later on this week or perhaps even next week when the dust settles and some support builds, let other fools gamble their money cause right now its just completely up in the air where fair value lies for this stock.

-Nemo

[bionicbadger]

Haha, all you people that didn't listen about CUX. News release this morning, another monster well hit. Up a dollar so far within an hour of opening.

[robattoronto]

Yep, I sold it off today at $25.40. Made about 3-4% quick profit before it went down today.

With the money I got, I bought some more CUX. Its on a roll today! I usually would'nt want to buy more of the same, but I just can't resist it. Its up almost 10% as of right now today. What a christmas gift!


Nice move, if I were you, I'd sell now for the quick profit...

[simms]

And some mutual funds have shown growth rates over 5 years in excess of 15% !!! :P...I'm not sure just which fund you're comparing it too, but it sounds like a poor(er) performing equity fund or some such and since there's hundreds to choose from, I doubt that it's exactly a fair comparison to take a mediocre fund and compare it unless that's what you were going to invest in :D...there's plenty of good funds out there that consistently outperform in a big way - it's just a matter of doing the research :)

Mutual funds can certainly be "slow" in their growth - but many can be quite "fast" as well! all depends on the risk your willing to assume (for example if you went into a sector fund such as one of Sprott's precious metals last year you would've come out with a gain of just under 70% after the 10% performance bonus was paid to the managers...seems pretty "fast" to me! :D (of course if you had your entire portfolio in that one sector fund, you might be staying up at night because of the enormous risk involved too!...)

I think (personally) you need to get some good reading on investing so you can master the concepts, and understand the differences between GIC's, mutual funds, stocks, bonds, etc. - I know the point of RFD is to be cheap, but a hundred bucks worth of books might be the best investment you make in gaining a good understanding of why equities will outperform fixed income in the long run, why your comparison seems pretty limited (for example if I compared an average Canadian bond fund which is by nature fairly safe compared to a GIC, there's many with 5 year rates in excess of 8 to 10%)....etc...


Well, I just looked this CDN bond fund from here:


http://www.txn.banking.pcfinancial.ca/ams/servlet/CIBCMutualFundsIMF
under "CIBC Canadian Short-Term Bond Index Fund"

And those returns show a 5.41% return over 5 years. I believe that list is the available bonds for me to choose from - where are the more highly volitale ones? Should I be going with another bank? I'd like to stick to this one because then I can doa ll my banking in the same place, but if need be, where should I go? I heard BMO's services are pretty good but with only 2k to invest I don't know if I should be headed there.

Ideally in my situation, (19 years old, $2k, no debt, no car) I'd like to be saving up for a car in about 4-5 years. I think I should be headed in the mutual fund sector, with more volitale mutual funds. Please let me know if I'm on the right track.

http://www.txn.banking.pcfinancial.ca/ams/servlet/CIBCMutualFundsFAQ
These people have a MER of only around 0.86-1.01% .. I would think that's pretty good? Then again, I haven't been anywhere else...

[plucky duck]

Is CUX still a good buy? Seems like a lot of people jumping on the bandwagon just because, or is there real potential there? Saw it go from 11.xx to 13.xx in a matter of a little over a week.

[bionicbadger]

Is CUX still a good buy? Seems like a lot of people jumping on the bandwagon just because, or is there real potential there? Saw it go from 11.xx to 13.xx in a matter of a little over a week.

It will be well over $20 by the end of next year. Could be much higher if they keep hitting monster wells. They have a very good drilling record. If you want to invest long term (1 year+) its a good buy. It will fluctuate, but there is still huge potential. Do some research on CUX, they are now part of the TSE index. In 3-5 years it could be $50+

[ItzMe]

Well, I just looked this CDN bond fund from here:


http://www.txn.banking.pcfinancial.ca/ams/servlet/CIBCMutualFundsIMF
under "CIBC Canadian Short-Term Bond Index Fund"

And those returns show a 5.41% return over 5 years. I believe that list is the available bonds for me to choose from - where are the more highly volitale ones? Should I be going with another bank? I'd like to stick to this one because then I can doa ll my banking in the same place, but if need be, where should I go? I heard BMO's services are pretty good but with only 2k to invest I don't know if I should be headed there.

Ideally in my situation, (19 years old, $2k, no debt, no car) I'd like to be saving up for a car in about 4-5 years. I think I should be headed in the mutual fund sector, with more volitale mutual funds. Please let me know if I'm on the right track.

http://www.txn.banking.pcfinancial.ca/ams/servlet/CIBCMutualFundsFAQ
These people have a MER of only around 0.86-1.01% .. I would think that's pretty good? Then again, I haven't been anywhere else...

CIBC has some decent fixed income offerings, but the CDN bond fund is just one of many that they offer (and since it's main asset tends to be Canadian Fed Bonds etc. it tends to be a safe investment)

An example of something with a little more risk might be the TD Real Return Bond Fund - it's 1 yr return is 13.43% and it has a 3yr average of 10.81%...it's mainly involved in investing in inflation protected securities issued by federal gov'ts and the like - more risky than plain vanilla gov't bonds I'd suppose...

Checking out mutual funds is a good way to go - 4 to 5 years is a fairly short time horizon, and capital protection should be higher up on your list IMHO - for example if you lost 30% of your portfolio, it would be a big impact on your purchase of a vehicle, and you won't have a longer term time horizon in which to recover your cost(s).

Something to look into may be "Balanced" mutual funds - they combine equities and bond investments to reduce volatility - their returns would be as high as pure equity plays, but most decent balanced funds haven't lost money over 5 year time horizons so it's risk is lower...

You can check out some of the more conservative income focussed balanced funds that throw some dividend paying preferred shares and income trusts into the mix - examples include CIBC Monthly Income Fund, BMO Monthly Income, RBC Monthly income (CIBC's being a touch more conservative, and BMO / RBC's being a little more risky with more equity and less fixed income / income trusts)...alternatively you can check out more "pure" balanced funds that combine equity & bonds - I'm not a huge fan of most of the bank's offerings, but you can get into something like the Saxon balanced fund with 5000$, or 500$ / month contributions for 10 months...

Again - my best recommendation is to pull out some books and do lots of reading - Gordon Pape and others have written alot of different recommendations on mutual funds and specific funds in various categories such as balanced that may be of interest to you and can help you on your way ... always consult your appropriate financial expert before making any decisions! :)

[B40]

It will be well over $20 by the end of next year. Could be much higher if they keep hitting monster wells. They have a very good drilling record. If you want to invest long term (1 year+) its a good buy. It will fluctuate, but there is still huge potential. Do some research on CUX, they are now part of the TSE index. In 3-5 years it could be $50+

Do you think oil can sustain it's current price levels?

[plucky duck]

Those who've looked at CUX's financial statements, what notable points do you see that's worth mentioning? When you look at the statements, what is it that you're particularly looking for? Or more simply, how do you read their financial statement, what story does it tell?

I've read both the written and numerical statements, but would like a helping hand in what separates to good from the bad and what key things to keep an eye out for.

I see that at the end they do put a disclaimer about the forward statements. Do the forward statements always provide an optimistic outlook?

[b166er1337]

i just received the latest stock pick from www.smartselected.com

strong buy SHRN.ON @ current price, which opens $0.131 as of Dec. 23rd

cheers~

[simms]

I was wondering if I could get your guidance on my situation - I am a
19 year old student with no current student loans. I have a savings of
about $2000 that is being invested in savings at a rate of 2.15% with
PC Financial. In terms of length, I think it's safe to say I will be
saving this up as a downpayment for a vehicle in about 4-6 years time.

I was thinking about getting into the market with mutual funds but I
had been advised by CIBC not to go that route. I looked into some GICs
offered by my bank, but found that the returns weren't great:

GIC term rate (%)* APY (%)**
1 Year 1.785 1.80
2 Year 2.129 2.15
3 Year 2.521 2.55
4 Year 2.813 2.85
5 Year 3.105 3.15

The full rates are listed here:
https://www.txn.banking.pcfinancial.ca/ams/content/rates/view_all.ams

So I think going into GICs would only be worth it if I locked the
money in for at least 3 years, correct? I could be earning the same
interest of 2.15% in savings, even.

Could you recommend another alternative? I looked at ING Direct that
offers 2.25% savings, but I find the transfer of funds to be
troublesome, while PC Financial lets me do it online in seconds. I'm
not sure if it's worth the extra 0.10% to transfer it over.

ING's GIC's look a bit better, located here:
http://ingdirect.ca/en/acct_rate/pd_cadgic.html

1 Year 2.75%
2 Year 3.00%
3 Year 3.40%
4 Year 3.75%
5 Year 4.00%

With those rates, I think better returns are even offered with a one
year GIC than savings.

I'd just like to make sure, the rates that are listed are the interest
that apply per year, right? For example, if I were in a 4 year GIC
with ING, 3.75% would be applied EVERY year for 4 years, rather than
(3.75/4) over 4 years.

Upon searching further, I found some alternative GICs:

http://www.gicdirect.com/Current%20GIC%20Rates.htm

Term GIC
1 Year 3.00%
2 Year 3.25%
3 Year 3.50%
4 Year 3.80%
5 Year 4.00%

However I've never heard of GICDirect, and initially I would be a bit
cautious to invest with them.

Some help, please?

[Gold Monkey]

Here's a xmas gift for everyone... NMCX. Closed on friday at 0.036.

Look at their last pr, they just completed a deal, their selling 24% of their ore at one of their sites for 500 mil over 10 years. They are also releasing the last 5 years of financials, which means they are most likely moving up from the pinks to the otcbb.

This thing should fly, I'm probably going to hold it till the end of next week or so.

http://finance.yahoo.com/q?s=nmcx.pk

It's a pink sheet stock so buyer beware. Good Luck

[sharkyJay]

I was wondering if I could get your guidance on my situation - I am a
19 year old student with no current student loans. I have a savings of
about $2000 that is being invested in savings at a rate of 2.15% with
PC Financial. In terms of length, I think it's safe to say I will be
saving this up as a downpayment for a vehicle in about 4-6 years time.


Option 1: Personally for 4 years I would go into a index mutual fund or index stock. However there is a risk that it might go down.

Option 2:Second option is to buy corporate bonds, the risk is minimal unless you get some junk bonds (which doesn't have that much risk either since the business most likely won't go out of business and if it does you are paid first then the shareholders)

Option 3: Income fund (mutual fund that invests in bonds.) This will diversfy your bond holdings since they hold bonds of many company and so if one business goes bad on their debt then you'll still get income from a whole bunch of others. However holding this fund will cost you management fees. Income funds unusally don't down unless interest rates go up really fast which is really rare.

GIC is not an option unless you need the money in 1 year to pay the mafia or you are going to die!

[coldWater]

Here's a xmas gift for everyone... NMCX. Closed on friday at 0.036.

Look at their last pr, they just completed a deal, their selling 24% of their ore at one of their sites for 500 mil over 10 years. They are also releasing the last 5 years of financials, which means they are most likely moving up from the pinks to the otcbb.

This thing should fly, I'm probably going to hold it till the end of next week or so.

http://finance.yahoo.com/q?s=nmcx.pk

It's a pink sheet stock so buyer beware. Good Luck

it has been up more than 100% in two days already, i wouldn't chase it unless i know some news is coming..........and i wouldn't hold it unless i bought it at low price

[plucky duck]

Question - how does one determine whether a company's stock is undervalued, overvalued, or just right? Or what a company's book value is worth?

How much funds should one accumulate before jumping into the stock market to make it worthwhile?

[bionicbadger]

Those who've looked at CUX's financial statements, what notable points do you see that's worth mentioning? When you look at the statements, what is it that you're particularly looking for? Or more simply, how do you read their financial statement, what story does it tell?

I've read both the written and numerical statements, but would like a helping hand in what separates to good from the bad and what key things to keep an eye out for.

I see that at the end they do put a disclaimer about the forward statements. Do the forward statements always provide an optimistic outlook?

Look at the past performance and the current numbers. CUX has doubled their output/profit for the last 2 or 3 years, will double this year, and if they can build infrastructure (pipelines, collection/compression facilities) fast enough, they can more than double next year. They have signed contracts for a guaranteed price for their gas for the next several years, for more than twice their current output. They just need to build more infrastructure to get the gas they've discouvered to market.

You have to read the news releases about the exploration and drilling also, so you have an idea of the company is doing. You should be able to pull an annual report off their website.

All companies are required to put the disclaimers on forward statements.

[b166er1337]

i just received the latest stock pick from www.smartselected.com

strong buy SHRN.ON @ current price, which opens $0.131 as of Dec. 23rd

cheers~

another paid pick i got on dec. 23rd is strong buy of SNDK @ $23.44
it's now 25.55..

[plucky duck]

Will the Cdn markets be open for tomorrow, Monday Dec. 27?

Why is it some of the stocks you guys mention I can't seem to locate on RBC Action Direct? Like NMCX and SDNK?

I've been watching CUX since it was at 12.xx and now it's at 15.xx. Last week I was telling myself I'd jump in once it started to dip a bit, but that never happened. My delay of action is actually costing me money.

Then again, I'm thinking I'm at the edge of the next bracket jump for income tax, perhaps it's best I put it into my RSPs instead.

[simms]

Option 1: Personally for 4 years I would go into a index mutual fund or index stock. However there is a risk that it might go down.

Option 2:Second option is to buy corporate bonds, the risk is minimal unless you get some junk bonds (which doesn't have that much risk either since the business most likely won't go out of business and if it does you are paid first then the shareholders)

Option 3: Income fund (mutual fund that invests in bonds.) This will diversfy your bond holdings since they hold bonds of many company and so if one business goes bad on their debt then you'll still get income from a whole bunch of others. However holding this fund will cost you management fees. Income funds unusally don't down unless interest rates go up really fast which is really rare.

GIC is not an option unless you need the money in 1 year to pay the mafia or you are going to die!

That's generally what I was thinking. If I were to invest int he stock market I would probably only invest 1K into the market and the other 1K into something more stable, like corporate bonds. But the thing is I'm kind of refraining on investing becuase of the SERVICE fees which I've heard will kill a small investor like me. I've heard fees are $75 for shares which is almost 10% of the amount i'd be willing to invest.. and that's already 10% lost not EVEN IN THE MARKET. that being said.. is it variable based on the money you have, or fixed?

if I do decide to look up rates, who should I go with? I heard BMO is the best for investing.

[SeanQC]

open an account with interactive brokers, i've had mine for a few months now had and its been great, i only pay .02$/share in commission, with a minium of $2 and about 10$ a month in market data fees.

can't believe some people still pay over $20 a trade....

[zeroace]

open an account with interactive brokers, i've had mine for a few months now had and its been great, i only pay .02$/share in commission, with a minium of $2 and about 10$ a month in market data fees.

can't believe some people still pay over $20 a trade....

Could you show us a site to your interactive broker?

[simms]

Could you show us a site to your interactive broker?
i agree.

[monkey-boy]

has anyone tried etrade? (http://www.canada.etrade.com) or is just going with my bank (TDWaterhouse) a better choice? I'm just starting out and have some money to "play" with..... sorta so I thought I'd give it a shot. Can't be much worse then gambling ;\

[simms]

has anyone tried etrade? (http://www.canada.etrade.com) or is just going with my bank (TDWaterhouse) a better choice? I'm just starting out and have some money to "play" with..... sorta so I thought I'd give it a shot. Can't be much worse then gambling ;\

I don't understand the inconsistencies in fees - some places charge an MER of like 1%, eTrade charges 26.99 minimum...

[plucky duck]

The $26.99 cost is the initial buy in cost, and the MER fee is for the fund manager to maintain management of the accounts.

[ItzMe]

I don't understand the inconsistencies in fees - some places charge an MER of like 1%, eTrade charges 26.99 minimum...

***Deleted...***

***EDIT***
Ok never mind I misunderstood...sorry :) (I opened my mouth too fast :P)

eTrade offers a program (FundPlus) which lets you access low-MER funds that don't pay Trailer fees to eTrade - hence the lower fee (because they don't have to pay an annual comission to eTrade)...generally known as "F" series in some bigger funds, and usually available through fee-only planners, I think eTrade is offering them for a flat fee of 26.99$ - worthwhile if the lower MER will save you that much based on your purchase amount and/or time horizon...

AFAIK eTrade didn't actually go through with this program (I'm not 100% sure though...) - there seemed to be alot of backlash from trailer-receiving comission planners and what-not against the mutual fund co's ...

Details found through google:


The E*TRADE Canada FundPlus Program offers more choice to investors by providing access to a special class of mutual funds that do not pay a trailer fee, resulting in a lower Management Expense ratio (MER) and the potential for higher returns for you, the investor. For the first time, E*TRADE Canada provides self-directed investors the opportunity to realize the higher returns available through lower MER mutual funds.

The Management Expense Ratio (MER) is the percentage of assets that is spent to run a mutual fund. Because there are no trailer fees or associated with the distribution of this special class of funds, the MER is lower.

The typical annual return on the class of lower MER funds offered through the FundPlus Program can be about 1% higher than the traditionaltrailer-fee paying versions of the same funds, as a result of this lower MER1. Assuming annual compound interest, earning just an extra one per cent can increase the value of a $50,000 investment by over $5,000 in ten years!1

Lower MER funds, which have traditionally been offered in association with advice-based managed or wrap accounts with full service brokerages, are now available through E*TRADE Canada for a service fee of $26.99 for each purchase or sale.

Please see the Fund Families in our FundPlus Program below.


http://www.bylo.org/feetrade.html

***RE-EDIT***

Nevermind again - seems like they do have it: eTrade URL: http://etrade.ca/splash/fundplus/default.html

[Coolisme]

Does anyone know if ScotiaBank offers a brokerage account and if they do, what is the minimum fee to open such an account and how are trades handled? Through their online banking?

[ItzMe]

Does anyone know if ScotiaBank offers a brokerage account and if they do, what is the minimum fee to open such an account and how are trades handled? Through their online banking?

From Globe & Mail's 2004 On-Line broker survey:



ScotiaMcLeod Direct Investing

http://www.scotiamcleoddirect.com

Owner: Bank of Nova Scotia

Overview: There's an appealing combination here of reasonable commissions for trading stocks and funds, a deep reservoir of tools and analysis for researching stocks, funds and bonds, plus a pretty good equity-trading platform.

Caveats: Web design is a weak link. Some may wish for a compass while navigating the secure site for clients.

Cost: 20

On-line experience: 12

Tools: 15

Trading: 19

Electronic services: 4

TOTAL: 70

GRADE: B



Fee information:
http://www.globeinvestor.com/series/brokersurvey/profiles/scotia.html

[excel]

http://finance.yahoo.com/q?s=GCD.TO

how's GREAT CANADIAN GAMING CORPORATI (GCD.TO)

when i worked there last year it was at about $19 in December and today it's at $46.10

[simms]

From Globe & Mail's 2004 On-Line broker survey:



Fee information:
http://www.globeinvestor.com/series/brokersurvey/profiles/scotia.html
I remember seeing the FULL article.. I can't see that, I need to sign up for it.

I just remember BMO is on top.

[ItzMe]

I remember seeing the FULL article.. I can't see that, I need to sign up for it.

I just remember BMO is on top.

Globe & Mail article posted here:

http://forums.redflagdeals.com/showthread.php?p=1178790&#post1178790

[Coolisme]

After reading Scotiabanks direct investing, there are still some fees I dont understand.

If I decided to have a self investing account, can someone help me find out the minimum fee to hold an account?

http://www.scotiabank.com/images/en/filespersonal/9884.pdf

I just plan to use $1000 to buy and sell penny stocks (stocks under $1)

And what's the difference between Market order and Limit order?

[ItzMe]

After reading Scotiabanks direct investing, there are still some fees I dont understand.

If I decided to have a self investing account, can someone help me find out the minimum fee to hold an account?

http://www.scotiabank.com/images/en/filespersonal/9884.pdf

I just plan to use $1000 to buy and sell penny stocks (stocks under $1)

And what's the difference between Market order and Limit order?

There's a fee for small accounts of 50$ per year found under "Miscellaneous - Inactive / low balance account maintenance ... $50 annual"

The fine print at the bottom states that the fee is charged to clients with "no equity trade activity for the previous 12 months and where the total account value is less than $5000 as at December 31." - doesn't apply if you have a Scotia McLeod direct investing registered account...

Market Vs. Limit:



The Basics of Order Entry
Investopedia Staff

With the growing importance of digital technology and the Internet, many investors are opting to buy and sell stocks for themselves rather than pay advisors large commissions for research and advice. However, before you can start buying and selling stocks, you must know the different types of orders and when they are appropriate.
Market vs. Limit
The two basic types of orders that every investor should be aware of are the market order and the limit order.

A market order is an order to buy or sell immediately at the best available price. These orders do not guarantee a price, but they do guarantee the order's immediate execution. Typically, if you are going to buy a stock, then you will pay a price near the posted ask. If you are going to sell a stock, you will receive a price near the posted bid. One important thing to remember is that the last-traded price is not necessarily the price at which the market order will be executed. In fast moving and volatile markets, the price at which you actually execute (or fill) the trade can deviate from the last-traded price. The price will remain the same only when the bid and ask prices are exactly at the last-traded price.

Market orders are popular among individual investors who want to buy or sell a stock without delay. Although the investor doesn't know the exact price at which the sock will be bought or sold, market orders on stocks that trade over tens of thousands of shares per day will likely be executed close to the bid and ask prices.


A limit order sets the maximum or minimum price at which you are willing to buy or sell. For example, if you wanted to buy a stock at $10, you could enter a limit order for this amount. This means that you would not pay a penny over $10 for the particular stock. It is still possible, however, that you buy it for less than the $10.

One Caveat (Beware)
When deciding between a market or limit order, investors should be aware of the added costs. Typically, the commissions are cheaper for market orders than for limit orders. The difference in commission can be anywhere from a couple dollars to more than $10. For example, a $10 commission on a market order can be boosted up to $15 when you place a limit restriction on it. When you place a limit order, make sure it's worthwhile.

Let's say your brokerage charges $10 for a market order and $15 for a limit order. Stock XYZ is presently trading at $50 per share and you want to buy it at $49.90:

- By placing a market order to buy 10 shares, you pay $500 (10 shares x $50 per share)+ $10 commission, which is a total of $510.


- By placing a limit order for 10 shares at $49.90 you pay $499 + $15 commissions, which is a total of $514.

Even though you save a little from buying the stock at a lower price (10 shares x $0.10 = $1), you will lose it in the added costs for the order ($5), a difference of $4. Furthermore, in the case of the limit order, it is possible that the stock doesn't fall to $49.90 or less. Thus, if its continues to rise, you may lose the opportunity to buy.

Other Exotic Orders
Now that we've explained the two main orders, here's a list of some added restrictions and special instructions that many different brokerages allow on their orders:


Stop Order – Also referred to as a stop loss, stopped market, on-stop buy, or on-stop sell, this is one of the most useful orders. This order is different because--unlike the limit and market orders, which are active as soon as they are entered--this order remains dormant until a certain price is passed, at which time it is activated as a market order. For instance, if a stop-loss sell order were placed on the XYZ shares at $45 per share, the order would be inactive until the price reached or dropped below $45. The order would then be transformed into a market order, and the shares would be sold at the best available price. You should consider using this type of order if you don't have time to watch the market continually but need protection from a large downside move. A good time to use a stop order is before you leave on vacation.

All or None (AON) – This type of order is especially important for those investors who buy penny stocks. An all-or-none order ensures that you get either the entire quantity of stock you requested or none at all. This is typically problematic when a stock is very illiquid or a limit is placed on the order. For example, if you put in an order to buy 2,000 shares of XYZ but only 1,000 are being sold, an all-or-none restriction means your order will not be filled until there are at least 2,000 shares available at your preferred price. If you don't place an all-or-none restriction, your 2,000 share order would be partially filled for 1,000 shares.

Good Till Cancelled (GTC) – This is a time restriction that you can place on different orders. A good-till-cancelled order will remain active until you decide to cancel it. Brokerages will typically limit the maximum time you can keep an order open (active) to 90 days maximum.

Day – If, through the GTC instruction, you don't specify a timeframe of expiry, then the order will typically be set as a day order. This means that after the end of the trading day, the order will expire. If it isn't transacted (filled) then you will have to re-enter it the following trading day.


Knowing the difference between a limit and a market order is fundamental to individual investing. By knowing what each order does and how each one might affect your trading, you can identify which order suits your investment needs, saves you time, reduces your risk, and, most importantly, saves you money.


Cheers,

Investopedia Staff


http://www.investopedia.com/printable.asp?a=/articles/basics/03/032103.asp

[Coolisme]

Wow, that was pretty insightful.

So for me to open an investing account with less than a thousand dollars it would cost me around $30 per 1000 share trade + $50 for having a low balance account since I only have $1000.

So If I invest $5000, I should only pay $30 per 1000 share trade and not have to pay the $50 annual lose balance account fee. Which really isn't that bad.

One question for everyone who reads this thread, how many of you actually make a living trading stocks, meaning gaining at least $3000 per month from market trades alone?

[cummer]

Wow, that was pretty insightful.

So for me to open an investing account with less than a thousand dollars it would cost me around $30 per 1000 share trade + $50 for having a low balance account since I only have $1000.

So If I invest $5000, I should only pay $30 per 1000 share trade and not have to pay the $50 annual lose balance account fee. Which really isn't that bad.

One question for everyone who reads this thread, how many of you actually make a living trading stocks, meaning gaining at least $3000 per month from market trades alone?

i work full time but i take advice from duong's dad, Mr. Tran. He knows the markets well and we works on bay street but from playing around he averages around $4000 a month on his stock trading. He knows what he's doing so he know how to beat the market.

In a good month I make $500. I wish I could make $3000 a mon.

[ItzMe]

Wow, that was pretty insightful.

So for me to open an investing account with less than a thousand dollars it would cost me around $30 per 1000 share trade + $50 for having a low balance account since I only have $1000.



Not necessarily RE: 30$ per 1000 shares as they state that trades with values of under $2,000 - the comission is 25.95 on market, and 28.95 on limit.

So you could purchase 20,000 shares of a penny stock trading at 5 cents, and pay 1000$ principal and 28.95 for placing a limit order.



So If I invest $5000, I should only pay $30 per 1000 share trade and not have to pay the $50 annual lose balance account fee. Which really isn't that bad.



Again, I believe their fine print states something about completing one equity trade in the previous 12 months exempts you from the fee???...check with them to be sure...

Alternatively, TD Waterhouse also states that if you complete 2 equity trades in the previous quarter you are exempt from the minimum account fee (AFAIK!) - also if you register for e-services with TD waterhouse there's no minimum account size, and no fee for non-registered accounts - as long as you don't mind getting your confirmations & statements in PDF as opposed to by mail...



One question for everyone who reads this thread, how many of you actually make a living trading stocks, meaning gaining at least $3000 per month from market trades alone?


Some do - many more claim to - and even more loose that much, or more.

Say you had $100,000 to deploy into the market - and you wanted 36,000$ a year from it (3000$ per month) - you'd have to get an annual gain of 36% ...

If anyone could truly figure out just how to get 36% a year every year with relative safety, they would open up a mutual fund and do it - running a fund is a *very* lucrative business and a good manager can make alot of money - but thusfar, I have yet to see anyone making that kind of returns on capital while being able to preserve their capital with reasonable safety at the same time - it's entirely possible you'll make triple digit returns in penny stocks - but it's all the more likely that you'll loose money - anyone who claims to be able to consistently beat the market is full of it IMHO (and likely would not be surfing RFD - they'd be vaccationing in the Bahamas for gods sake :P)...remember - if it was *so* easy to make so much money in the markets (pennies or not) alot more people would be doing it! ... there's alot of smart people in finance acadamia, mutual fund managers, etc. etc. etc. along with exceptional investors such as Buffet - none of whom profess the ability to be able to generate such exceptional returns year after year after year without undue risk of capital loss...

Regard your 1000$ in penny stocks as if you were taking it to the casino with similar odds - if you win, great! If you don't - then you don't - make sure it isn't money that you need, or will miss! :)...(but that's just my opinion/advice - many others will differ...but I maintain that anyone consistently beating the market trading equities with lower than average risk should be regarded extremely carefully, and their advice should be taken with alot of caution and alot of your own due dilligence...! Remember - it's your money at the end of the day! :)

You can make money in the stock market - no doubt about it - many in this thread myself included have done so - but true professional investors who trade for a living are in a unique league and have solid education, experience, etc. - and likely don't spend a lot of time surfing RFD stock tip threads :D...

Remember - anyone, myself included can claim exhorbatent returns in the market - but since I doubt anyone (myself included) would post their actual statements to show confirmation, it's all talk until proven otherwise...take alot of caution with anything you read and you'll be alright :)

[plucky duck]

Where can I find information about how each sector has performed this year and prospects for next year?

Whenver you watch CNN all the stocks they show are mostly the ones that has appreciated in value throught the year from $x.xx to $xx.xx already. I find it funny when they tell you that they expect to be at a whatever price by the end of so and so years. Is it nothing more than a guestimate or a calculated prediction that actually carries some weight?

Before one makes the decision to make the plunge, what are the specific things that you research to justify your decisioning? I would like to know what steps do you take?

What are some good investment books that you guys would recommend?

[cummer]

i made a killing with Apple and RIM in the past year. I guessed wrong about nortel but apple and rim more than mdae up for the loss!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! :lol:

[ItzMe]

Where can I find information about how each sector has performed this year and prospects for next year?


Your brokerage should be able to provide some basic economic research on various sectors that's usually available free of charge to all clients...(how much weight you give it could be a different story)...other news sites to start with could include www.robtv.com ; www.globeinvestor.com ; www.globefund.com ; money.msn.ca ; money.msn.com ; www.moneysense.ca ; ... each have individual columnists and the like that touch on various economic sectors regularly that also may be of assistance...more advanced material is generally pay-for-use AFAIK...




Whenver you watch CNN all the stocks they show are mostly the ones that has appreciated in value throught the year from $x.xx to $xx.xx already. I find it funny when they tell you that they expect to be at a whatever price by the end of so and so years. Is it nothing more than a guestimate or a calculated prediction that actually carries some weight?



I'm assuming you mean analyst estimates? Some feel they're calculated predictions - others think they're garbage :) I'm generally somewhere in-between - some analysts are very good at what they do, and project future earnings and other key factors which enables them to get an estimate for future stock prices...I personally take most analyst ratings with a grain of salt - I've found less-bias raters & analyst recommendations can usually be found in some of the better newsletters such as Gordon Pape's and the like...



Before one makes the decision to make the plunge, what are the specific things that you research to justify your decisioning? I would like to know what steps do you take?


There's plenty of different factors that people use - some are avid followers of "Technical Analysis" ... others of "Fundamental Analysis" ... Value investing is also in vogue while Growth is off to the sidelines somewhat but making a comeback I suppose :)...a good book on the basics of investing will help you take apart these different methodologies, and often investors will use more than just one to make a stock selection...I personally find that a good starting point can be recommendations in newsletters and the like - but picking a good author / publisher is also important to get less-biased information :)...

Personally I'm a fan of value investing through fundamental analysis...Irwin Michael's defines his approach as follows:



We believe in value investing. While the process of fundamental analysis can be long and tedious, it certainly isn't boring.

Our task of corporate information gathering includes fundamental company analysis and accounting pertaining to liquidity ratios, book value, cash flow and earnings per share. In addition, we look for valuable hidden assets such as tax loss carry forwards, overlooked real estate and non-essential assets which may be sold or value-added.

To achieve long term success, we believe strict investment disciplines should be followed. In practice, we remain focussed on value and continue to abide by our ABC Funds' Ten Commandments of Value Investing.

Low Price to Earnings Multiples
We search out stocks trading at under ten times price to earnings multiples, which reduces the risk of overpaying for a security.

Low Cash Flow Multiples
We look for companies trading at under five times price to cash flow. This also reduces the risk of over paying and uncovers many "dirt cheap" equities.
Discount to Book/Net Asset Value
We like to buy stocks trading at a discount to book/net asset value. In many cases, this not only uncovers significantly undervalued stocks but also prime takeover candidates.

Hidden Assets
Some examples of hidden assets that can be uncovered after a thorough analysis are tax-loss carry forwards, over-funded pension funds, real estate, potential spin-offs, IPOs, and favourable litigation.

Management
Two types of management could be key in the search for a turnaround candidate: a) Solid, proactive management and b) Poor management, which leaves the company ripe for a proactive acquisition or merger.

Products/Services in tune with 2000 and beyond
This includes expandable, growing markets with good margins. We tend to avoid companies with outdated, shrinking products.

Value Catalyst
In order to push up the value of a stock, we look for a significant value creator. Some examples of possible value creators are fresh management with new directions, an important sale or purchase of a meaningful asset, an unsolicited takeover bid, or disgruntled and impatient proactive shareholders who may put pressure on management to make changes or sell.

Discounted Valuations Compared to its Peers
Comparative valuation measures such as price to earnings and cash flow could indicate a take-over by relatively expensive Canadian or foreign competitors looking to expand market presence.

Contrary Opinion and Under-followed by Investment Analysts
With little investor exposure, undervalued stocks are 'pregnant with possibilities', providing very little buying competition when attempting to accumulate the security. Generally an undervalued and under followed security will offer terrific capital gains opportunities.

Discipline
Stay on track and adhere to strict value discipline of low P/Es, strong cash flows and price targets. Do not get sucked into buying the flavour of the day! Combine patience and persistence to attain superior performance. Patience! Patience! Patience!

[/quote]



What are some good investment books that you guys would recommend?

I personally like Gordon Pape's series of books on investing as a good start-off point...Morningstar has published an equity analysis book that focusses on value/fundamental analysis as well...I'm not really into technical analysis so I can't point you too much in that direction...hope this helps!

[blackhawk]

Before one makes the decision to make the plunge, what are the specific things that you research to justify your decisioning? I would like to know what steps do you take?


After 30 years since I owned my first stock, and only a couple since till this year and 20 years of mutual funds, I've found the canadian market to be pretty small and I only go with the larger so its got to be in the top 100.

I check some good mutual funds and see what they're holding, cross referance a few and think myself what that sector should do in the future, then its a matter of management.

A lot of stuff is available online now and the one magazine I use is Canadian Money Saver which also offers a website (http://www.canadianmoneysaver.ca) and suggests some books.

I've never seen too much out for purely canadian trading but its the same principle.

Wont get rich like with a nortel or bre-x or lose big like with a nortel or bre-x but you have to be real lucky and willing to lose it all.

I'm looking at retirement in 10 top 15 years so I'm careful.

[b166er1337]

latest picks from smartselected.com

Strong Buy ISWI at 3.60

gl!

newsletter i received:

Congratulations to members that got into ISWI at $3.60 after our profile on Dec 14th. It hit a high at $4.73 today, up 31.39% in 14 trading days.

Smartselected.com profiling VSNI at $2.50 as a short-term strong buy. VSNI could have significant upside potential. Buy and hold.

[b166er1337]

"OBCI----Short term Strong Buy. OBCI recently announced that they will be buying back stock in the open market. OBCI has a book value of $1.02 and looks to be undervalued right now.
"

ISWI closes at $5.40 and hit a high of $6.00 during trading yesterday. It has gone up 50% in a span of 3 weeks :lol:

[Master]

I suck in investing in stocks!

I bought this Lorus therapeutic stock because of the various upbeat news from the company. I have been holding this for months and all it does is going down...

I don't think I will ever retire if I continue to hold this one. Anyone think I should just sell it at a loss and never come back?

[b166er1337]

many people lose sleep over stock market are lucky;


i lost money :cheesygri

[benf]

Check this stock out:

RCS.V $13.50 today. Oct 22 2004: $4.00

Tripled in less than 3 months!

[jesse14]

what do u guys think about sony( SNE ):NYSE ?

its at $39.24 been going up a bit since the annoucement of the psp CES.

i think it will rise quite a bit when the psp is released in NA and Europe since they are so hyped up and probably will sell out of units within the first week

lmk your opinions

[b166er1337]

"OBCI----Short term Strong Buy. OBCI recently announced that they will be buying back stock in the open market. OBCI has a book value of $1.02 and looks to be undervalued right now.
"


"Market Overview - Week of Jan 20th, 2005:

Smartselected.com research team believe GRU is about to become the next major Internet play.Strong Buy and Hold for the run.

Congratulations to members that got into OBCI after our profile on Jan 12th. It is up over 30% today. "

actually, OBCI opens at $1.53 today, up 50% in 10 trading days!

[goob3r]

what do u guys think about sony( SNE ):NYSE ?

its at $39.24 been going up a bit since the annoucement of the psp CES.

i think it will rise quite a bit when the psp is released in NA and Europe since they are so hyped up and probably will sell out of units within the first week

lmk your opinions

Sony is a large company that does more than just video games. I am positive that the PSP is playing only a minor factor it the stock's increase. Most of the "hype" is most likely already considered into the current price.

[canadiantofu]

"Market Overview - Week of Jan 20th, 2005:

Smartselected.com research team believe GRU is about to become the next major Internet play.Strong Buy and Hold for the run.

Congratulations to members that got into OBCI after our profile on Jan 12th. It is up over 30% today. "

actually, OBCI opens at $1.53 today, up 50% in 10 trading days!


Nice pick good job.

[coldWater]

"Market Overview - Week of Jan 20th, 2005:

Smartselected.com research team believe GRU is about to become the next major Internet play.Strong Buy and Hold for the run.

Congratulations to members that got into OBCI after our profile on Jan 12th. It is up over 30% today. "

actually, OBCI opens at $1.53 today, up 50% in 10 trading days!

looks like a pump and dump........to me anyway :)

[bionicbadger]

I bought some TUI (True Energy) recently . Not sure if someone mentioned it here before or not, they seem to be in a good position for a junior exploration and developent company.

[b166er1337]

"Market Overview - Week of Jan 20th, 2005:

Smartselected.com research team believe GRU is about to become the next major Internet play.Strong Buy and Hold for the run.

Congratulations to members that got into OBCI after our profile on Jan 12th. It is up over 30% today. "

actually, OBCI opens at $1.53 today, up 50% in 10 trading days!

Current GRU price is $10.71 ; Let's see how it performs :D

[Kai Viti]

"Market Overview - Week of Jan 20th, 2005:

Smartselected.com research team believe GRU is about to become the next major Internet play.Strong Buy and Hold for the run.

Congratulations to members that got into OBCI after our profile on Jan 12th. It is up over 30% today. "

actually, OBCI opens at $1.53 today, up 50% in 10 trading days!

You obviously have a lot of faith in Smartselected picks. Mind if I ask if you actually act on them?

What's track record for Smartselected picks as long as you've been using them?

Thx. :D

[b166er1337]

You obviously have a lot of faith in Smartselected picks. Mind if I ask if you actually act on them?

What's track record for Smartselected picks as long as you've been using them?

Thx. :D

well, i share their stock picks with you fine folks ;)
Of course, i am happy with their stock picks. That's why i posted them.
you can check their past performances for yourself
http://www.smartselected.com/?page=performance

[Kai Viti]

Track record looks impressive, especially when they just show 'best price'. Guess you just gotta know when to sell, before it isn't the 'best price'! Do they recommend when to sell for their picks? Couldn't find info on their FAQs.
May be worthwhile subscribing.

Cheers!

[charger]

This investment stratgey is speculative at best, following the advice of an internet forum is a bad strategy. Sure you are making money now, but these gains are temporary and can be matched with equal losses.

Your are not doing proper research and will eventually get burnt.

"Bulls make money, Bears make money, Pigs get slaughtered"

Pigs don't do research, follow "hot stocks" and overall have little understanding of the market.

Buyer beware.

Mark my words, 6 months from now you will be burnt severely by advice given on this forum.

[Kai Viti]

many people lose sleep over stock market are lucky;


i lost money :cheesygri

How did you lose money when the Smartselected picks are so good?

[b166er1337]

How did you lose money when the Smartselected picks are so good?
dude, please try to develop some sense of humour :cheesygri

anyway, another newsletters i received

"Market Overview - Week of Jan 24th, 2005:

Smartselected.com research team believes XDSL will be the biggest OTC BB play in the entire market during these next couple of weeks. Strong Buy XDSL at 0.40 range and HOLD for the run. Penny stocks are risky, never invest into a stock we discuss unless you can afford to lose your entire investment."
i think what it means is NOT to put all eggs into one basket.

[850T]

looks like Nasdaq won't hold and going down... what do you guys think?
should we wait for another wave in may?

[batman321123]

"[COLOR=Red]Market Overview - Week of Jan 20th, 2005:

Smartselected.com research team believe GRU is about to become the next major Internet play.Strong Buy and Hold for the run.


I remember checkin out charts on GRU like 2 months back, it was at 6ish that time...it could pull an INCX, but im basing that comment on the sole fact they have the same product, if my memory serves correct.

other sites with pick s(not sure if its been mentioned before, if so, sorry) are wisealerts.com, allpennystocks.com, shazaamstocks.com (sp?), and hototc.com...i'm not saying these guys are necessarily any good, but u can check em out. also it's kinda funny to read the disclaimer where it says hototc/shazaam/wisealerts was compensated with blah blah amount of shares (usually a big amount) for this advertisement, so yea, they get paid to pump. but there pumps usually make for nice momo plays.

FCAH has been getting alot of attention lately from yahoo msg boards, hototc, shazaam, and the toronto star had an article about their fight network (can't recall if they mentioned FCAH though), so watch this for a momentum play...cant stay in these plays for too long, get in and out FAST. meh, its at .0004 or something...it cant go anylower...right? right??

[cummer]

This investment stratgey is speculative at best, following the advice of an internet forum is a bad strategy. Sure you are making money now, but these gains are temporary and can be matched with equal losses.

Your are not doing proper research and will eventually get burnt.

"Bulls make money, Bears make money, Pigs get slaughtered"

Pigs don't do research, follow "hot stocks" and overall have little understanding of the market.

Buyer beware.

Mark my words, 6 months from now you will be burnt severely by advice given on this forum.

My stock has done so well because duong's dad is on bay street he makes $3000 on the side each month (in addition to his regular job) he knows the markets and can read them faster than you read marmaduke.

If you don't want to make money that fine just leave the cash for everyone else to make. :lol:

[AnimeEd]

question about doing DD
how can you tell if the stock price is not already reflective upon the company?
like, how can you tell if a stock price is not already on par with how the company is doing?

[b166er1337]

My stock has done so well because duong's dad is on bay street he makes $3000 on the side each month (in addition to his regular job) he knows the markets and can read them faster than you read marmaduke.

If you don't want to make money that fine just leave the cash for everyone else to make. :lol:

agreed.
some people just have insight of the stock markets.

of course, most people don't have that talents :lol:

anyway, another newsleters i received today..

"Market Overview - Week of Jan 25th, 2005:

Congratulations to members that got into XDSL at $0.40 after our profile on Jan 24th. We released the picks right before the run. It is now $0.51, up 27.5% in 2 trading days. It is still a Buy. Penny stock is very risky, never invest into a stock we discuss unless you can afford to lose your entire investment.

We released ISWI to our PAID members on Jan 14th at $5.25 and it hit $6.10 yesterday. Subscribe now and you will be benifit from our service."

[Kai Viti]

Anyone know of a site that sends out free IPO alerts?

Hoping to catch something early in the game. Company supposed to be IPO'ing in Q1.

Thx.

[Sylvestre]

question about doing DD
how can you tell if the stock price is not already reflective upon the company?
like, how can you tell if a stock price is not already on par with how the company is doing?


This isn't as simple a question as it sounds, and anyone who gives you a quick formula is glossing over things (you really don't want to have a mediocre understanding when it comes to investing since you lose money).

You can look at a lot of different metrics and gauge how a stock is priced relative to these numbers
eg, the net worth of the company divided by the # of outstanding shares is usually a quick way to see how something in priced. Theoretically, this is the true value of a share if the company were to be totally dissolved instantly.

But obviously that's not a number you can rely on. Stocks are bought on the assumption that the company will rise in value over time. Eg. if a company is worth 1000 dollars and has 100 outstanding shares, 10 bucks is what you think the stock should cost.
But if the public believes that in 1 year the company will be worth 2000, then the share price TODAY may be 20 bucks a share.

The issue now becomes, how do you know the value of a company later?

that's the key.

there are lots of sites out there w/ info.

[chestnut]

Takes money to make money.

Buying a stocks with little money is gambling. The people who makes real money are the pensions and funds.

Stick you hard earned money in a GIC (or something similar) and make money by saving on RFD deals. I've made and lost my share, but market has been hard to read lately so I've stayed away.

My question is: where are you gonna put your "r-lo r-lo ess pee" (RRSP) contributions? GIC? Funds? Self Directed (for stock trading)?

[plucky duck]

Sometimes you have to make plays like its not your money. When you're conscious its your money you're always afraid you'll lose it. Sometimes it takes getting out of that comfort zone and taking calculated risks.

Be the contrarian sometimes, if you're brave that is :lol:

[b166er1337]

agreed.
"Market Overview - Week of Jan 25th, 2005:

Congratulations to members that got into XDSL at $0.40 after our profile on Jan 24th. We released the picks right before the run. It is now $0.51, up 27.5% in 2 trading days. It is still a Buy. Penny stock is very risky, never invest into a stock we discuss unless you can afford to lose your entire investment.

We released ISWI to our PAID members on Jan 14th at $5.25 and it hit $6.10 yesterday. Subscribe now and you will be benifit from our service."


HUGE XDSL NEWS - Week of Jan 26th, 2005:

XDSL just released HUGE NEWS!!! Strong Buy XDSL and HOLD it. In our opinion we are about to see XDSL goto new 52-week highs! Strong Buy XDSL at 0.51 to 0.53 range. The big run hasn't even started yet. This is going to be a fun ride!

[plucky duck]

What do you guys think of the stock HF?

[str]

HUGE XDSL NEWS - Week of Jan 26th, 2005:

XDSL just released HUGE NEWS!!! Strong Buy XDSL and HOLD it. In our opinion we are about to see XDSL goto new 52-week highs! Strong Buy XDSL at 0.51 to 0.53 range. The big run hasn't even started yet. This is going to be a fun ride!

I took a look at the company (XDSL) and putting any money into it is a huge gamble. The company is very close to going belly up, they hardly sell anything but they still have big research expenses. The book value for their shares is negative (in other words, the company already has more debts than assets).

In other words, all the company's hopes are on this new product:

http://www.sciencentral.com/articles/view.php3?type=article&article_id=218392466

Commercialisation is still three years away, it's not clear the company will be able to survive the ride without going bankrupt. They need sales now, not in three years. Anyway, I'm just posting this "buyer beware". If you believe in the product (above) and think the company will be able to make a hit and grow with it, then you could make a case for investing in the company.

[amorak]

This is a hilarious topic :lol:

As an accounting and finance double major, it's hilarious to see the internet 'pigs' at work on this forum.

Sure, places like smartpicks have a good track record of picking stocks that go up, but they don't tell you when to sell!. Choosing a stock that could go up is easy, undervalued stocks are all around. The hard part is knowing when to sell, and they offer no help in that department.

Essentially, places like smartpicks and G.Pape's newsletter are using you. They buy into teh stock, then pump it up in newsletter releases, so of course it goes up. They do some trend analysis and trade out when they see certain patterns developing. The suckers who all bought in then get burnt as it falls back down to its FMV, and the only ones who scored are those who issued the 'hot buy' :rolleyes:

[str]

This is a hilarious topic :lol:

As an accounting and finance double major, it's hilarious to see the internet 'pigs' at work on this forum.

Sure, places like smartpicks have a good track record of picking stocks that go up, but they don't tell you when to sell!. Choosing a stock that could go up is easy, undervalued stocks are all around. The hard part is knowing when to sell, and they offer no help in that department.

To be fair, if you're buying to sell quickly, you're speculating, not investing. And when you're talking about speculation, you're not talking about a tested science. Also, since smartpicks is a paid service, I doubt their list of paid customers is big enough to influence in a big way every one of their picks.

Also, I think that anyone investing for a quick buck should be knowing what they do.

On the other hand, I don't think there's anything wrong with sharing on this forum what we believe are good buys, as they could really be good opportunities that some of us could research.

[b166er1337]

I took a look at the company (XDSL) and putting any money into it is a huge gamble. The company is very close to going belly up, they hardly sell anything but they still have big research expenses. The book value for their shares is negative (in other words, the company already has more debts than assets).

cool, thx for sharing the info.

Penny stock is always risky tho, thats why they remind us not to invest everything in it!

[plucky duck]

That's why you only invest money you can afford to lose.

If stock sites can consistently pick out winners, then they wouldn't spend their time notifying you. They'd be busy making their own plays and making money instead.

[str]

That's why you only invest money you can afford to lose.

If stock sites can consistently pick out winners, then they wouldn't spend their time notifying you. They'd be busy making their own plays and making money instead.

On the other hand, if all you do is trade stock, why don't you create a company where you give advice and make even more money (from subscribers)? It's not like telling others which buys you think are good will affect adversely your investment anyway.

[b166er1337]

Current GRU price is $10.71 ; Let's see how it performs :D

after 1 week, GRU is $12.31 now, up 20% in 5 trading days :lol:

[utalking2me]

Haven't read all the previous posts, so I'm saying buy uranium, coal and oil stocks for 2005, even though the easy money has been made.

[cummer]

What do you guys think of the stock HF?
lehmann and associate say it will be $3.50 by summer.

Way undervalue. I ask duong's dad. He say it's a safe bet under $3.00 guarantee to make cheese. :o

[robattoronto]

Surprised nobody mentioned Stelco STE.A. Its up ~12% yesterday and up about 8% as of right now.

This thread used to be posted by guys who in my opinion was respectable and knowledgeble. Now those guys are staying away cuz there's useless crap being posted lately.

Guys if you want to debate about newsletters, Dung's dad, smartpicks, internet picks or whatever friggin pick go ahead and make another thread. I cringe everytime I read brags about smartselected.com . Go ahead, its a free world, open your own damn thread, toot your own horn or start a debate elsewhere. Keep this thread only for hot stock.

Sorry guys, I just think that this thread started out well, others benefited from their shared hot picks, but some posts as of late has been stinking up the thread.

[bmwguy]

TAH.TO - Tahera Diamonds
====================

Check out this stock... lately it has been climbing up consistantly. They just recently received government approval for their water licence for the Jericho Project.

They are building the 3rd diamond mine in Canada.
1st 100% North American owned diamond mine, in North America!


From another board:
Tahera HAS been evaluated by SRK and Debeers DTC at $92US/Carat, is building the mine as I type, and WILL have at least $680Million in diamonds extracted and sold within the next 8 years, but with a +30% market, and the +15% increase in rough prices the past year, Tahera could get over $1 Billion revenue from their first pipe.
They have 19 other pipes discovered so far (and they are still drilling as I type), 14 of those already confirmed diamondiferous.
They Have agreements with Tiffany and Co. in the USA.
Better do some DD!
http://www.tahera.com is a good starter.

Do your research.

Currently trading at $0.47 per share.

[b166er1337]

the following is the latest email i received.
it contains their recent picks and their "best" prices ;)
it seems like a promotion, but anyway, it contains the summary of all their picks in the last month.


Market Overview - Week of Feb 2nd, 2005:

Congratulations to PAID members that got into ISWI at $3.60 after our profile on Dec 14th. It hit a high at $6.30 on Jan 27th, up 75%. Congratulations to FREE members that got into OBCI at $1.60-$1.70 range after our profile on Jan 12th. It hit a high at $3.87 on Feb 2nd, "UP 127.65% IN 13 trading days".

Top GAINER of the month: Stock Date Price Best Price Gains
ISWI Dec 14th, 2004 $3.60 $6.30 75.00%
OBCI Jan 12th, 2005 $1.70 $3.87 127.65%
GRU Jan 25th, 2005 $11.50 $18.25 58.70%
XDSL Jan 24th, 2005 $0.40 $0.53 32.50%
XDSL Jan 26th, 2005 $0.51 $0.00 0.00%

Congratulations to PAID members that got into ISWI at $3.60 after our profile on Dec 14th. It hit a high at $6.30 on Jan 27th, up 75%.

Congratulations to FREE members that got into OBCI at $1.60-$1.70 range after our profile on Jan 12th. It hit a high at $3.87 on Feb 1st, "UP 127.65% IN 13 trading days".

Congratulations to PAID members that got into GRU at $11.50 after our profile on Jan 25th. It hit a high at $18.25 on Feb 1st, "UP 58.70% IN 5 trading days".

Congratulations to FREE members that got into XDSL at $0.40 after our profile on Jan 24th. It hit a high at $0.53, up 32.50% in 2 trading days. We did profile again on Jan 26th, and it was the loser for the second alert .

[B40]

This thread is getting really long....

http://forums.redflagdeals.com/showthread.php?t=128542

[j3fan]

I say just invest in google....i made a fortune off of them....

[Kai Viti]

I say just invest in google....i made a fortune off of them....

Congratulations. But I think it'd be a l'il foolhardy to play Google now. Short it maybe?!

[b166er1337]

"Dear SmartSelected.com Subscribers,

Congratulations to members that got into GRU after our profile on Jan 20th at $10.50 and Jan 25th at $11 range. It just hit $28.50 today. Smartselected.com research team believes GRU will become the biggest play of 2005. This is only the beginning. If you don't have this pick yet, Strong buy and we'll see $30 soon!

Many of our paid members already made over 100% within the last 2 weeks. Join us today and start receiving updates about the most worthy stock picks!"


i guess GRU is still a strong buy ;)

[bionicbadger]

I bought some TUI (True Energy) recently . Not sure if someone mentioned it here before or not, they seem to be in a good position for a junior exploration and developent company.

TUI had a good day today. Close up over 13% in one day. I'm happy.

[plucky duck]

HF has been quietly making its move the last few days.

[robattoronto]

Yep, its awesome. Nice increase today.


TUI had a good day today. Close up over 13% in one day. I'm happy.

[b166er1337]

XDSL.OB went up 30% today; it is recommended strong buy!


"Congratulations to members that got into XDSL early. Somebody start spreading the word that XDSL is a bigger nanotechnology battery play than ALTI!!! It is amazing how much volume ALTI is trading yet nobody knows about XDSL. XDSL will run soon. We try to profile the potential pick before the run, not after!!"

[guest10586]

Who the heck is crazy enough to buy after a 30% jump? Watch the short sellers dump it over the next few days.

Look at the middle of jan to beginning of feb. Pump and dump.

[benf]

Check this stock out:

RCS.V $13.50 today. Oct 22 2004: $4.00

Tripled in less than 3 months!

This stock closed today at $14.64 today.. 8.4% in about a month... not bad! :lol:

[j3fan]

Congratulations. But I think it'd be a l'il foolhardy to play Google now. Short it maybe?!

SHORT IT NOW!!! cuz it's gonna take a dive on valentine's day...that is the day they are gonna release a ton of stock (valued at around 65% of google's current market cap)....

[Kai Viti]

SHORT IT NOW!!! cuz it's gonna take a dive on valentine's day...that is the day they are gonna release a ton of stock (valued at around 65% of google's current market cap)....

I don't think every Googler will sell all their locked up shares, but nevertheless, point well taken.

Depends on how much value drops in next week, may be time to go long too! Hmmm, question is whether even $90 is still too much. :lol:

[B40]

You gota have balls to short Google...

Although, MS is trying to come out with their own SE...
http://story.news.yahoo.com/news?tmpl=story&cid=628&ncid=1212&e=3&u=/adweek/20050210/ad_bpiaw/msndrawsitsswordinsearchbattlewithgoogle

[Master]

Ever feel that you just want your money back?

Yep! Me alright...no matter what I buy, it goes down. I can't even get my money back on LOR that I bought a while ago even though it "soared".

I just want my money back!

Rant... :mad:

[robattoronto]

If you wanna make your money back, check out CUX.TO and CCO.TO. I own stocks to these two companies.

http://finance.yahoo.com/q/bc?s=CCO.TO&t=3m&l=on&z=m&q=l&c=
CCO.TO: I bought it at earlier this week @ $47.9 earlier this week/late last week and now its at $52.xx. I've bought it, sold it for profit and bought some more. Has been consistently on the rise, pretty happy with the progress so far.

http://finance.yahoo.com/q/bc?s=CCO.TO&t=3m&l=on&z=m&q=l&c=
CUX.TO: This is one of my all time favourites. Its like the gift that keeps on giving. Since last year fall I've been trading this and its been nothing but a fun ride. Except for the doldrums during the month of Jan.

I've bought this stock in many seperate occasions at $7.xx, $10.48, $13.43 and $13.50. I've since sold the first purchase, the rest I still hold. Currently the price is at $15.4x

Latest news for these guys? Well they had the private placement, new issues during the month of Jan. And it was agonizing during that time. But thats over now and since the first week of Feb its back on the rise. They have been holding news about their new drilling results during the month of Jan. And everytime they release news, the stock price has been going up consistently. Match the past news release with the stock price and you'll see what I mean.

Josef Schachter is scheduled to come on ROBTV on Monday. He likes CUX and his word seems to be gold in the industry. Word is, he'll very likely pump it again in the interview. Anyways, not that it really matters, CUX rises based on its own merit anyways.


Ever feel that you just want your money back?

Yep! Me alright...no matter what I buy, it goes down. I can't even get my money back on LOR that I bought a while ago even though it "soared".

I just want my money back!

Rant... :mad:

[bionicbadger]

Josef Schachter is scheduled to come on ROBTV on Monday. He likes CUX and his word seems to be gold in the industry. Word is, he'll very likely pump it again in the interview. Anyways, not that it really matters, CUX rises based on its own merit anyways.

Schachter will be on ROBTV on Feb 14 announcing that his pick of the year will be TUI. :cheesygri

[robattoronto]

Yep, just bought some TUI a few minutes ago. Gonna yeehaw ride this one next week. :)


Schachter will be on ROBTV on Feb 14 announcing that his pick of the year will be TUI. :cheesygri

[b166er1337]

XDSL update - Week of Feb 14th, 2005:

Smartselected.com strongly believe XDSL has much bigger things coming very soon that will make this one of the biggest nanotechnology plays in the entire market. Remember, they just raised a very large amount of money in a private placement and Smartselected.com believes they will invest these funds into new technologies.

[j3fan]

I just shorted google, let's see what happens....

[Kai Viti]

I just shorted google, let's see what happens....

Good luck! So far, down, up, up!!

[B40]

I just shorted google, let's see what happens....

Buy LUCY this week if you can get in at $1.50-1.60, sell in 2 weeks at $2 :lol:

[guest10586]

LUCY looks ok, how accurate are you usually though?

[B40]

LUCY looks ok, how accurate are you usually though?

Check out my previous picks...best one was WPTE @ $8, it's now $19

Also picked FLEX @ $12-13, now $14
and LGF @ low $10, currently mid $10 range

I also bought LUCY in the low $2 range, at these levels ($1.60 range) there's not much downside, but lots of upside potential.

[b166er1337]

Check out my previous picks...best one was WPTE @ $8, it's now $19

Also picked FLEX @ $12-13, now $14
and LGF @ low $10, currently mid $10 range

I also bought LUCY in the low $2 range, at these levels ($1.60 range) there's not much downside, but lots of upside potential.

nice...

perhaps you can create your own stock pick website ;)

[B40]

nice...

perhaps you can create your own stock pick website ;)

I've thought about that, but isn't that a bit of an oxymoron? I mean anybody who's exceptional at picking stocks, wouldn't they be buying the stocks themselves and not trying to make a couple hundred a month from a website? It is an idea that I might do though, since I don't really have the necessary capital to invest in a portfolio, so I try to time my buys/sells which all seasoned investors know doesn't work in the long term.

[fakishan]

Can anyone comment on this discount securities broker?

http://www.questrade.com/join/fees_axispro_equity_options.html

monthly fees of +300U$ plus +20$/per option trade

It certainly dosen't seem cheap, but there are advantages if you wish to employ a particular system of buying and selling, regardless of stock profile.

[confused]

I just passed the CSC, now how do I get into this action for fun

which trade provider should I start with?

[guest10586]

This topic is getting too long. I thought there was some talk about a part of the forum going to investing?

So what do you think of GNA? I bought it a while ago since the P/E looked good and had solid earnings. For some reason the stock is sorta stagnant so I sold and made a few hundred. Still, I'd like to hear other opinions cause I might get back in.

[fakishan]

I thought there was some talk about a part of the forum going to investing?.

I hope so. Then again, it would take at least 2 full time moderators for that forum alone :_

[B40]

I hope so. Then again, it would take at least 2 full time moderators for that forum alone :_

It took forever to open up a sports forum...if you want an investment forum, go to the comments&suggestions forum and start a NEW thread requesting one...took a million requests to finally open up a sports one.

[fakishan]

It took forever to open up a sports forum...if you want an investment forum, go to the comments&suggestions forum and start a NEW thread requesting one...took a million requests to finally open up a sports one.

the sports forum is the ONLY one i don't visit. it's filled with homosexual admiration for vince carter or something...not that there is anything wrong with that :_

[B40]

the sports forum is the ONLY one i don't visit. it's filled with homosexual admiration for vince carter or something...not that there is anything wrong with that :_

Have you been there lately? Tons of VC bashers/haters...

[ck1223]

You gota have balls to short Google...

Although, MS is trying to come out with their own SE...
http://story.news.yahoo.com/news?tmpl=story&cid=628&ncid=1212&e=3&u=/adweek/20050210/ad_bpiaw/msndrawsitsswordinsearchbattlewithgoogle

I know this isn't related to stocks exactly, or if at all. But here's a little geek fact. I wouldn't worry about MS with their own search engine. Google uses a "nlog(n)" search algorithm which can't be beaten (proven with math) when it comes to search time. Only think I can think of is if MS uses more processing power. Along with google only having text ads, and no banners, MS would have to pull off some magic. So I don't really see google taking much of a hit.

[B40]

I know this isn't related to stocks exactly, or if at all. But here's a little geek fact. I wouldn't worry about MS with their own search engine. Google uses a "nlog(n)" search algorithm which can't be beaten (proven with math) when it comes to search time. Only think I can think of is if MS uses more processing power. Along with google only having text ads, and no banners, MS would have to pull off some magic. So I don't really see google taking much of a hit.

And from my background (business) look at what happened in the IM market, which is why I would fear MS as a competitor. Years ago everyone used ICQ, at that point I thought it would be impossible for any other IM to enter the market, but today, most people use MSN.

[b166er1337]

http://www.informationweek.com/showArticle.jhtml?articleID=60400151

Firm Says Nanobattery Is A Year Away Feb. 11, 2005 An exotic material called nanograss is part of a battery being developed by mPhase that could power products such as cell phones and PDAs. By Jim Nash InformationWeek A telecom technology provider says it's 12 to 18 months away from having a commercially available battery based on nanotechnology. Such a nanobattery could conceivably power anything that uses ordinary batteries, such as cell phones and PDAs. The company, mPhase Technologies Inc., is using a discovery by Lucent Technologies to design batteries that can sit in their packages for decades, be activated instantaneously, and outlast conventional batteries. MPhase foresees using the batteries in everything from battlefield equipment to consumer electronics. Lucent's R&D unit, Bell Labs, found that liquid droplets of an electrolyte--a variety of nonmetallic electric conductor--and microscopic material called nanograss can be used to produce an electric current. Last March, Lucent licensed the technology to mPhase, which is developing it into a commercial product. The company hasn't said how much a nanobattery would cost or if such a battery would come in the familiar forms of conventional batteries. Among mPhase's other products is the TV+ platform, which distributes digital TV, high-speed Internet access, and phone service over existing copper phone wires.

[B40]

A year away to become available? Or a year away to become commercially viable?

Personally, I think nanotechnology is a lot of hype right now and is a good 5+ years away from becoming commercially viable.

Phase 2 of Gartner Hype Cycle
See: http://www4.gartner.com/pages/story.php.id.8795.s.8.jsp

[robattoronto]

CUX went up ~5-6% today morning like clockwork after Schachter's interview last night. (Last post on Thursday $15.4x, high today so far $16.23) To see the video clip of the interview go here. http://www.robtv.com/shows/past_archive.tv?day=mon (see last clip)

His short term target is $20. News upcoming in one week and another in a month or two. Lots of info in the interview.




I've bought this stock in many seperate occasions at $7.xx, $10.48, $13.43 and $13.50. I've since sold the first purchase, the rest I still hold. Currently the price is at $15.4x

[plucky duck]

CUX was edging higher and broke thru resistance last week but didn't stay there, but seemed to spike today, due to yesterday's interview? Who knows.

Usually media coverage adds to volume?

[plucky duck]

CUX up 0.99c right now. Is there really any explanation of such strong upward moves? What's supporting it?

[bionicbadger]

CUX up 0.99c right now. Is there really any explanation of such strong upward moves? What's supporting it?

They have yet to release news of their 2 most recent drillings, they have had a great success rate on their drillings (last hole produced more than their test equipment could handle). They have over a dozen holes planned to be drilled this year. The wells they have now produce more than the infrastructure can carry (they could sell/produce more if they had more pipeline/compression capacity). The land they have rights to and have surveyed are have potentially huge (trillions of cubic feet) of gas.

But what driving it now is the fact that a few analysts have set their targets around $20-$22.

[b166er1337]

latest update on XDSL

http://biz.yahoo.com/bw/050216/165523_1.html

"We are looking forward to providing an update on our nanotechnology business and the evolution of the IPTV market," Devlin said. "We're breaking new ground in battery technology as we commercialize our nanobattery and we're developing new markets for our breakthrough IPTV system."

[Barton03]

damn, i was too busy with school work last week. i sold cux.to at $18 (set the price a few wks ago). i should have read this thread and set a sell price of 20 instead! dammit, if only i knew that their current infrastructure couldnt sustain such high output! well, thanks rfd with paying off (part of) my tuition. :D

im so excited to see such a sweet gain. i bought flsh about 3 months ago for about $16 and if you check it out...you can see its quite healthy :) they are the primary supplier of xbox2 hard drives.

[bionicbadger]

Cux is a unbelieveable. Up a buck yesterday, up over a buck again this morning already.
And Barton, don't be upset. No one ever lost money by selling a stock when they were ahead. There will likely be a correction coming soon.

[robattoronto]

Ok this is the part where I toot my horn and do my I told you so, so get ready for this.

I told you so last week!! :lol: Anyways, I'm just glad I was ready before this rise. And I hope some people here benefited from this as I did. And right now, I'm bustin' with happiness. Times like this does not happen often folks. Savour every second of it.

[plucky duck]

That's why you set stop loss orders. I set it to sell if it hits a certain low, not if it reaches a certain high. Is setting a stop loss sell order once it reaches a ceiling price a good idea? I mean like what Barton did to set it to automatically sell out once it reaches $18?

Does it make sense? I rather set a low limit than a high limit. Aren't you in a way limiting yourself?

CUX has been impressive the last two days, $1.25 and $0.99c gains :D

Outside of an RRSP, how are capital gains on stocks sales taxed? At what rate?

[Barton03]

That's why you set stop loss orders. I set it to sell if it hits a certain low, not if it reaches a certain high. Is setting a stop loss sell order once it reaches a ceiling price a good idea? I mean like what Barton did to set it to automatically sell out once it reaches $18?

Does it make sense? I rather set a low limit than a high limit. Aren't you in a way limiting yourself?

CUX has been impressive the last two days, $1.25 and $0.99c gains :D

Outside of an RRSP, how are capital gains on stocks sales taxed? At what rate?

I set mine at $18 cause I bought it at around $14..I owned FLSH before and when it hit $20 for a day, I missed that day to sell and make money. So I learned from last time to make money now, than 2 months down the road.

[plucky duck]

I'm starting to think what you did there is somewhat of a bad idea. What if it never reaches the high of $18 that you're looking for, and once you set it you forget it, then.....it starts to take a dive. Because you didn't set a lower limit you're kind of screwing yourself over, no?

[b166er1337]

i agree with plucky duck here.

Someone once said that the secret of making a fortune on the stock market is not to make big gains, but to avoid small losses. ;)

[Barton03]

good point, i never saw it that way...ill make sure to do that in teh future ;) thx.

[Roninvancouver]

i agree with plucky duck here.

Someone once said that the secret of making a fortune on the stock market is not to make big gains, but to avoid small losses. ;)

so true.

[Lalchi]

Can someone help this Noob Pls!!

How do I start trading stocks? Who is the cheapest broker & so on....

Thanks.

[amorak]

Outside of an RRSP, how are capital gains on stocks sales taxed? At what rate?
Here is your capital gains equation for Canada:

(Total Capital Gains) x .50 = Taxable Capital Gains
(Total Capital Losses) x .50 = Allowable Capital Losses

You then take your Taxable Capital Gains and deduct your Allowable Capital Losses, and that amount is then taxed as income. However, allowable capital losses can only bring your taxable capital gains down to zero - You cannot use a capital loss to reduce income.

ie: (Taxable Capital Gains - Allowable Capital Losses) x Taxation Rate

There is no difference in treatment of capital gains in an RRSP. You are taxed the same way, but you will be realizing your capital gain when you're retired and as such, will be in a lower tax bracket.

Finally, as I am sure you're aware, you only claim a capital gain/loss when it's realized (here that means when you sell the stock).

[guest10586]

I didn't buy CUX. Forgive me. :cry:

I bought NT, haha...well, I just don't see it getting much worse from here. Anyone else have an opinion on NT?

[bionicbadger]

I didn't buy CUX. Forgive me. :cry:

I bought NT, haha...well, I just don't see it getting much worse from here. Anyone else have an opinion on NT?

Read back through this thread and you'll see opinions on NT

[plucky duck]

"Finally, as I am sure you're aware, you only claim a capital gain/loss when it's realized (here that means when you sell the stock)."

I'm not sure I understand. If the proceeeds of the stock I sell remains within an RSP I still have to pay tax on it? I thought that's the whole point of the RSP is tax shelter, that I'd only get tax if I take the proceeds and withdrawal it out of an RSP.

I'm very new to stock trading. I made a mistake (a mistake in my favour) yesterday. I set a stop limit sell order at $17.75 for CUX yesterday and had it set for the next two business days, yet the system automatically sold it for me at $18.06. CUX never dipped to or below $17.75 yesterday. Works in my favour cause the stock is down to $17.89 today :) I use action direct. What did I do wrong?

Bought it at end of January, sold it yesterday and made a 28% gain on the transaction. :)

[amorak]

"Finally, as I am sure you're aware, you only claim a capital gain/loss when it's realized (here that means when you sell the stock)."

I'm not sure I understand. If the proceeeds of the stock I sell remains within an RSP I still have to pay tax on it? I thought that's the whole point of the RSP is tax shelter, that I'd only get tax if I take the proceeds and withdrawal it out of an RSP.

I guess I didn't make the distinction between RRSP and current taxes clear enough.

Of course, your your RRSP is tax free as I mentioned - It is taxed upon redemption, at your tax bracket at that time. Therefore, the benefits of an RRSP are two-fold, tax wise: 1) You get the deferal gain 2) You'll be in a lower tax bracket when you retire, so any income derived from your RRSP will be taxed at this lower rate.

[bmwguy]

Pfizer should do well now that the FDA has approved two of their drugs and has approved Merck's Vioxx to go back on the market. I think this is a big reason why their share price has been dropping over the last year and this was what it needed to bounce it back into the upward direction.

Chart:
http://ca.finance.yahoo.com/q?s=PFE&d=t

Current Price: $26.80

Also, confirmed buy on AmericanBulls:
http://americanbulls.com/StockPage.asp?CompanyTicker=PFE&MarketTicker=NYSE&Typ=S

DISCLOSURE: As always I am not responsible for any loss you may occur as a result of this suggestion and you should always do your own research. I currently have Pfizer shares which I purchased about a month ago.

[YLSF]

This guy just started a newsletter up about a month ago.. His picks seem to be good so far (in particular the QSV one he announced this morning)

If you are into speculative stocks (mainly mining/oil & gas it seems) then it might be worth while to check out:

http://www.sleeper-stocks.com/

Edit: QSV from $1.30 when recommended to $1.44 today!

[b166er1337]

Worty picks of the week - Week of Feb 28th, 2005:

Strong Buy XDSL (It is now $0.59)and ICGE (It is now $8.27) and hold for the run.

[KapnK12]

If you guys are interested in penny stocks have a look at this one.

GTEL currently hovering around $0.30 US

http://finance.yahoo.com/q?s=gtel.ob

[B40]

Update on my picks.

LUCY reported bad earnings and went as low as $1, strong bounce today up about 20% though. Still holding this one.

LGF up 9% past 2 days, #1 in box office (Diary of a Mad Black Woman) and #1 in DVD sales (SAW). Holding this one for now too, may exit in $12 range.

[goob3r]

T.UTS has done me good the past five months. Got in at 0.89, it is now the big news today in oil sands. PetroCanada has a 60% share in their one property. It is riding in at $2.16 today.

Yes, UTS is currently a one-hit-wonder, but it has very good potential for the next few years when it starts producing in 2009.

[JoKeRr]

i was goin to get some FNX stocks about 2 wks ago,should have purchased. That stock FLEW!!

[plucky duck]

The stocks you guys noted are nice, but they've already had nice spikes. Chances are for anybody to jump it it'll start taking a dive.

Or with my crappy luck, I'll do you all a favour and tell you which ones I buy and you can all short the hell out of it and benefit from my bad luck :cheesygri Then cut me a check for a portion of your profits. Deal? :)

[KapnK12]

The stocks you guys noted are nice, but they've already had nice spikes. Chances are for anybody to jump it it'll start taking a dive.

Or with my crappy luck, I'll do you all a favour and tell you which ones I buy and you can all short the hell out of it and benefit from my bad luck :cheesygri Then cut me a check for a portion of your profits. Deal? :)

Watch GTEL at the end of this month after their prototype launches.

[JoKeRr]

I'll buy UEX when it's around 2.50 to 2.60

[utalking2me]

Bought some more V.VIT today @0.63. Deep drilling for gold in Nevada. A few weeks ago, it lost all its speculative sizzle due to lukewarm drill results. The higher grade gold, if there is any, would be at a much deeper depth. That's why the deep drills have been brought in. So in the next 2 weeks or so, there'll be lots of speculation. Back over a buck for sure, IMO. Do your dd.

[dummjock]

I recently invested in a company called Tahera which was mentioned on the board here earlier. They are a diamond mining company that has just begun construction of Canada's third diamond mine and first wholly owned diamond mine. I got in at .36 and .43. It is currently at .49 and seems undervalued even though there are a lot of shares issued, about 600 Billion i think....

Production is scheduled to start in early 2006.

Check it out for yourself. TAH on the TSX.

[robattoronto]

Did anyone of you guys get in on the Stelco deal? It went up a friggin amazing 30-40%. Hope someone got a piece of that.

Shame on the resident experts for not advising us rookies of that. :lol:

[goob3r]

T.UTS has done me good the past five months. Got in at 0.89, it is now the big news today in oil sands. PetroCanada has a 60% share in their one property. It is riding in at $2.16 today.

Yes, UTS is currently a one-hit-wonder, but it has very good potential for the next few years when it starts producing in 2009.

Today it is $2.55. Whee.

Sure it may drop some, but there is good support. 2 days of extremely high volume and no drop. Guess we'll have to see what tomorrow brings.

[robattoronto]

Congrats. That stock is bitchin' this week. Record high trading. I wish I got in on that one. Any opinion of whether it'll go any higher after it settles down?


Today it is $2.55. Whee.

Sure it may drop some, but there is good support. 2 days of extremely high volume and no drop. Guess we'll have to see what tomorrow brings.

[goob3r]

Congrats. That stock is bitchin' this week. Record high trading. I wish I got in on that one. Any opinion of whether it'll go any higher after it settles down?

My answer is yes. I'm no stock guru by any stretch. I read up on companies and filter out the crap and pump from other investors. I don't know much about oil and am a small time investor, so I'm still learning the ropes.

Here's an intersting post regarding UTS. http://www.stockhouse.ca/bullboards/viewmessage.asp?no=9252115&t=0&all=0&TableID=0

This one looks like a keeper.

[plucky duck]

I was waiting for the funds transfer to my account and was looking buying Stelco. Now that I have the funds available, it's already had it's spike >:(

Aargh!!

[robattoronto]

Got Margin account?


I was waiting for the funds transfer to my account and was looking buying Stelco. Now that I have the funds available, it's already had it's spike >:(

Aargh!!

[YLSF]

QSV recommended from www.sleeper-stocks.com has now changed names. The new symbol is KGN and it is as a $1.60 today! Nice return for a week or so!

EDIT: Closed at 1.80 today (March 4th).. Nice news on it.. check it out at

http://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=B-427247-C:KGN&symbol=KGN&news_region=C

[850T]

If you guys are interested in cheap/undervalued stock, have a look at this SGI. It started to move at the last couple minute of yesterday, take a look..

http://finance.yahoo.com/q?s=SGI

[b166er1337]

HUGE PICK---ETLC short term STRONG BUY ALERT

Howard Stern just talked about ETLC for the third time today. Once again he mentioned the stock symbol but this time Robin and Jason were talking about it as well. Robin even discussed something she read in the newspaper about credit cards numbers being stolen on the Internet last week and said that Etelcharge would prevent this from happening. Howard said once again that he hates using credit cards online. Also from what I understand the President of Hush DVD's who was sponsoring Howard Stern's contest today ran into the sales room after hearing Howard talk about ETLC and asked how he could open an Etelcharge merchant account for his company. Make sure you tell all of your friends about ETLC this weekend. Howard Stern will be talking about it all next week. Only 4 million shares are in the float. Imagine what will happen once major volume comes in and ETLC does their 4 for 1 forward split.

[Kai Viti]

Howard Stern sure is multi-talented! :D

[b166er1337]

Howard Stern sure is multi-talented! :D

Yap

and ETLC.PK went up a mere 20% on Friday alone :lol:
Prev Close: 0.84
Change: Up 0.17 (20.24%)
Last Trade: 1.01
Volume: 949,652

[Barton03]

tah.to jumped like .20 from .4 to .6 over the past few days...dammit

[bmwguy]

TAH.TO - Tahera Diamonds
====================

Check out this stock... lately it has been climbing up consistantly. They just recently received government approval for their water licence for the Jericho Project.

They are building the 3rd diamond mine in Canada.
1st 100% North American owned diamond mine, in North America!


From another board:
Tahera HAS been evaluated by SRK and Debeers DTC at $92US/Carat, is building the mine as I type, and WILL have at least $680Million in diamonds extracted and sold within the next 8 years, but with a +30% market, and the +15% increase in rough prices the past year, Tahera could get over $1 Billion revenue from their first pipe.
They have 19 other pipes discovered so far (and they are still drilling as I type), 14 of those already confirmed diamondiferous.
They Have agreements with Tiffany and Co. in the USA.
Better do some DD!
http://www.tahera.com is a good starter.

Do your research.

Currently trading at $0.47 per share.

For those of you who took my original advice, congrats on your approx 28% gains. But I would hold on still. If I had more money I would pick up more shares.

National News Coverage:
http://www.cbc.ca/story/canada/national/2005/02/25/diamonds-nunavut0225.html

Another forum that has been following Tahera:
http://www.marketmillionaires.com/showthread.php?t=663

As always do your own DD and take everything you read on internet forums very lightly.

[b166er1337]

GuruNet Signs Agreement to Integrate Google Search and Advertising Tuesday March 8, 9:56 am ET

WESLEY HILLS, New York, March 8 /PRNewswire-FirstCall/ -- GuruNet Corporation (AMEX: GRU - News), a leading provider of integrated online reference information, announced today that it has signed an agreement with Google Inc. to include Google's contextual AdSense advertising on its information pages, as well as the integration of Google search into its Answers.com product. "Our revenue stream is based on including advertising alongside the million topics in our library," explained Bob Rosenschein, CEO of GuruNet. "We are pleased to be working with the industry leader and leveraging their broad ad inventory and strong technology."

As a result of the agreement, when Answers.com's visitors require information beyond the site's selected reference content, Answers.com now offers a co-branded, integrated and monetized version of Google's search functionality, allowing users to remain in one place for more of their information needs

Strong BUY GRU and Hold for the run. Smartselected.com research team believes GRU will become the biggest play of 2005. This is only the beginning. If you don't have this worthy pick yet, Strong buy and we'll see $30, then $50 soon. Subscribe to our service after you make money on this trade, you will be benifit from our service.

-----Congratulations to Paid members that got into GRU at $18.12. Smartselected.com did Profile the Buy ALERT yesterday. We released right before the run.--------

--------------------------------------------------------------------------


GRU is up 26% so far TODAY!

[robattoronto]

http://finance.yahoo.com/q/bc?s=CUX.TO&t=1d&l=on&z=m&q=l&c=

The range in the price today was $14.16 - $17.71

Holy crap! There was a huge selloff of CUX just half hour ago. Took out a crapload of stop sells. Anyone know what's going on? Bionicbadger?

Is it the big boys playing around or is it bad drilling results?

[HighFlyer]

16.40 R/t

[robattoronto]

I dumped off 60% of my CUX. Locked into my profit and I'm a happy camper for now. Might get back in when things settles down.

[bionicbadger]

http://finance.yahoo.com/q/bc?s=CUX.TO&t=1d&l=on&z=m&q=l&c=

The range in the price today was $14.16 - $17.71

Holy crap! There was a huge selloff of CUX just half hour ago. Took out a crapload of stop sells. Anyone know what's going on? Bionicbadger?

Is it the big boys playing around or is it bad drilling results?

Yup, market movers taking out the people that have stops set. They made a killing today and picked up some nice cheap stock. And people who were quick enough and paying attention made a killing on selling short during the plummet.

Unfortunately I wasn't one of those people. But I don't have stops set so I didn't lose anything either.

Its just simple manipulation by people that have lots of money. They dump stock to lower price, stop orders kick in putting more cheap shares on the market, price plummets. Look how fast it went down and up again though. People know the stock is worth $$, that big spike downward is all automatic stop orders. It recovered super quick. I would have bought more at $15 if I could have gotten in.

[robattoronto]

When I first saw the $14.20 low, the first thing which went through my mind was, holy crap, I set a stop loss at $15.50.

Checked my account and the stop loss was not there. I then remembered that I set the stop loss till the end of Feb. Phew! :lol:

[batman321123]

do brokers charge interest for borrowing stocks for short-selling? BTW, check out NKO.to...not sure about fundamentals and stuff, but if it falls close to the lower end of the Linear regression channel, i'd but it as a buy. Went up like $10 last week.

[plucky duck]

Glad I got out of CUX at $18.06 few weeks ago. :cheesygri

Bought some TAH today for long.

HF that I bought not too long ago took a dump today on neutral-bad news in the coming year.

[Barton03]

Yup, market movers taking out the people that have stops set. They made a killing today and picked up some nice cheap stock. And people who were quick enough and paying attention made a killing on selling short during the plummet.

Unfortunately I wasn't one of those people. But I don't have stops set so I didn't lose anything either.

Its just simple manipulation by people that have lots of money. They dump stock to lower price, stop orders kick in putting more cheap shares on the market, price plummets. Look how fast it went down and up again though. People know the stock is worth $$, that big spike downward is all automatic stop orders. It recovered super quick. I would have bought more at $15 if I could have gotten in.

how much $$ does one need to make a stock jump like that?

btw, i am a newbie investor, pls explain what is the objective by forcing stop sells?

[bionicbadger]

how much $$ does one need to make a stock jump like that?

btw, i am a newbie investor, pls explain what is the objective by forcing stop sells?

Probably in the $10s of millions range. Its not something your average person can do.

The idea is to dump stock filling all / most of the bid market depth (people pre-order the sstock saying they will buy X number of shares for $y) once all these orders are filled to a certain low point, other people's stop orders will start to kick in and their stock will be automatically dumped on the market for whatever price they can get at thtat moment this drives the price down more thus forcing other stop orders to kick in, kind of a chain reaction.

Now, the movers that initiated the dumping/maniupulation make money 2 ways, first the sell a bunch of shares short (since they expect the price to go down) then they buy those shares back when the price is down, and pickup a whole bunch of cheap shares from those people who set stop orders.

Its pretty sneaky/risky and doesnt always work, but a few rich people made a killing today off of other people's stop orders.

[crazyboie]

Sounds like you have to be careful when choosing your stop-order amount ..

Do you need to set that value? I guess it's an option you have when initially purchasing your stocks?

Again.. another newb. :razz:

[Barton03]

Probably in the $10s of millions range. Its not something your average person can do.

The idea is to dump stock filling all / most of the bid market depth (people pre-order the sstock saying they will buy X number of shares for $y) once all these orders are filled to a certain low point, other people's stop orders will start to kick in and their stock will be automatically dumped on the market for whatever price they can get at thtat moment this drives the price down more thus forcing other stop orders to kick in, kind of a chain reaction.

Now, the movers that initiated the dumping/maniupulation make money 2 ways, first the sell a bunch of shares short (since they expect the price to go down) then they buy those shares back when the price is down, and pickup a whole bunch of cheap shares from those people who set stop orders.

Its pretty sneaky/risky and doesnt always work, but a few rich people made a killing today off of other people's stop orders.

wow, awesome guide to investing101. :) now, all this is legal of course right? so if bill gates wanted to have some fun for a day, he can literally rip apart a company's stock and watch it bounce up and down cant he? whats stopping these really, really rich people from playing 'yo-yo' with the stock market...they can obviously control the stock with their large sums of money and they can make the loss back by (1) buying the shorted stock and (2) buying the stock at a low price..the only downside would be once the yo-yo started, investors would notice and start to buy the cheap stocks thereby screwing them over right?

[bionicbadger]

wow, awesome guide to investing101. :) now, all this is legal of course right? so if bill gates wanted to have some fun for a day, he can literally rip apart a company's stock and watch it bounce up and down cant he? whats stopping these really, really rich people from playing 'yo-yo' with the stock market...they can obviously control the stock with their large sums of money and they can make the loss back by (1) buying the shorted stock and (2) buying the stock at a low price..the only downside would be once the yo-yo started, investors would notice and start to buy the cheap stocks thereby screwing them over right?

The answer is: its risky and doesn't always work.
If people are paying attention and the stock is actually worth buying, people will just keep buying all the stock that the dumpers can sell, and the dumpers would be out a whole lot of money. Look at the chart for CUX yesterday, the big spike was maybe only a 10 minute period where the price dropped almost $3 and recovered more than $2 in 10 minutes. There just wasn't enough demand in those 10 minutes, but once people caught on, the stock shot up again.

[canadiantofu]

wow, awesome guide to investing101. :) now, all this is legal of course right? so if bill gates wanted to have some fun for a day, he can literally rip apart a company's stock and watch it bounce up and down cant he? whats stopping these really, really rich people from playing 'yo-yo' with the stock market...they can obviously control the stock with their large sums of money and they can make the loss back by (1) buying the shorted stock and (2) buying the stock at a low price..the only downside would be once the yo-yo started, investors would notice and start to buy the cheap stocks thereby screwing them over right?

Can it put in my 2 cents... No it's not legal at all.

Have you guys considered also.

1. CUX's January 12 financing of up to 2975000 shares @ $13.25 to institutional buyers and some of them might want to net down it's investment cost now that the prices is well above 13.25.
2. Did the Q4 figures come out yet? If not, then it's late and perhap it will officially come out very soon.

[robattoronto]

Sheesh. This week has been terrible for the energy sector. All five of my stocks are in the red. Ranging from -4% to -8%. Just rollin' with the punches here. :(

How're you guys doing?

[bionicbadger]

Sheesh. This week has been terrible for the energy sector. All five of my stocks are in the red. Ranging from -4% to -8%. Just rollin' with the punches here. :(

How're you guys doing?

Yeah, its been too good lately, just undergoing a needed correction. Its healty in the long run. If I had money kicking around I'd probably buy more.

[HighFlyer]

Sheesh. This week has been terrible for the energy sector. All five of my stocks are in the red. Ranging from -4% to -8%. Just rollin' with the punches here. :(

How're you guys doing?
Ditto. Only two of the 14 stocks are up today. The ones that have taken a major beating: SHC -$5.10, SU -$1.74, PCA -$2.01. Oh well.... easy come easy go.

[B40]

Sheesh. This week has been terrible for the energy sector. All five of my stocks are in the red. Ranging from -4% to -8%. Just rollin' with the punches here. :(

How're you guys doing?

What % of your portfolio is energy? You still have to be happy with oil $50+, it's just down today, but still going strong.

My personal opinion is $40-45 oil once winter is over.

[B40]

Blah it's one day...but it does seem you have most of your portfolio in energy/resources :|

[crazyboie]

When the chips are down, isn't it a good time to get more? :D

[plucky duck]

When it's up, you have capital gain problems. And when it's down you have real problems.

HF was down about 14% the other day on down news release and kind of rebounded today.

Sold CUX at $18.09, looking to get back in again at these prices.

TAH is up a pretty penny since I bought mine yesterday.

[robattoronto]

Its like boxing day for Energy stocks out there right now. The prices are rising now, guaranteed profits after this week's profit-taking. Hope you guys bought some, its a no-brainer.

[B40]

Its like boxing day for Energy stocks out there right now. The prices are rising now, guaranteed profits after this week's profit-taking. Hope you guys bought some, its a no-brainer.

Careful there, this is the start of a downtrend and you don't know where it's going to end.

[robattoronto]

Yeah, I agree. I'm gonna let it go up, get my profits and reduce my energy stocks big time. At this point, I'm thinking of my exit and reduce the energies/O&G to maybe 20-30%. I appreciate the advice.


Careful there, this is the start of a downtrend and you don't know where it's going to end.

[B40]

Yeah, I agree. I'm gonna let it go up, get my profits and reduce my energy stocks big time. At this point, I'm thinking of my exit and reduce the energies/O&G to maybe 20-30%. I appreciate the advice.

Your nick name should have given your location away, but with your portfolio I thought you would have been from Calgary :cheesygri

It looks like you're holding for the long term, if you strongly feel the sector will stay as hot as it is, stick with the plan. It is risky though...but huge pay off if you're right.

[YLSF]

http://finance.yahoo.com/q?s=WJA.to


Check out the move on Westjet this morning with Jetsgo's failure!!

up over 40%!

[amorak]

Has anyone got a line on a good US Equity mutual fund investment ?

[robattoronto]

CUX's quarterly report is coming out on March 21. Josef Schachter is scheduled to be on ROBTV on March 23rd.

[plucky duck]

Winter road access to the site was completed in mid-February following
receipt of the land lease on February 11, and mobilization and construction
activities commenced immediately thereafter. Over 200 truckloads of supplies
and equipment have been delivered to the mine site. It is anticipated that
over 500 truckloads will be required to complete mobilization. Extensive site
preparation activities are currently underway. The fuel storage farm is
scheduled for completion by the end of March, and the accommodation facilities
are expected to be ready for occupancy by the end of April. The current
development schedule calls for substantial completion of mine construction by
the end of the year, and attainment of commercial diamond production in early
2006.

----------

Re: Tahera stock (TAH)

How long will it be before the ice roads turn back to water as spring/summer approaches? Only 200 of 500 truckloads so far. What other means of mobilization do they have if trucking is no longer an option. If they don't have the proper equipment, that'll delay operations and affect the bottom line (not that they're in the black right now anyways).

[Hymac]

TD Newcrest downgraded TAH to Hold from Speculative Buy due it's recent run (their 12m target price is unchanged at $0.62).

[kornstar369]

Basis = He owns the stock and wants you to buy so the prices increas (although realistically they won't impact the market)


lol

stocks = gamble with $

[RastaManMax]

I don't think people will want to buy those stocks now that they've went up. The basic idea is to BUY LOW and SELL HIGH.

[kornstar369]

how about penny stocks??

what are the odds of then turning into dollar stocks??
anyone.....

[plucky duck]

Or sometimes its a game of the greater fool.

No pain no gain, right? :lol:

[Gold Monkey]

how about penny stocks??

what are the odds of then turning into dollar stocks??
anyone.....

Not much...if you invest in pennies ONLY DO IT FOR THE SHORT TERM...DO NOT MARRY A PENNY STOCK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!

I learned that the hard way. Something that I say to myself when swinging pennies 'all pennies are crap, all pennies are crap'... helps me get rid of them! Play the pennies for the quick flip.

There are a few stocks (otcbb) i would consider investing long-term in such as aacs.

If your interested pm me and I can give you a good penny/otc group.

[canadiantofu]

Winter road access to the site was completed in mid-February following
receipt of the land lease on February 11, and mobilization and construction
activities commenced immediately thereafter. Over 200 truckloads of supplies
and equipment have been delivered to the mine site. It is anticipated that
over 500 truckloads will be required to complete mobilization. Extensive site
preparation activities are currently underway. The fuel storage farm is
scheduled for completion by the end of March, and the accommodation facilities
are expected to be ready for occupancy by the end of April. The current
development schedule calls for substantial completion of mine construction by
the end of the year, and attainment of commercial diamond production in early
2006.

----------

Re: Tahera stock (TAH)

How long will it be before the ice roads turn back to water as spring/summer approaches? Only 200 of 500 truckloads so far. What other means of mobilization do they have if trucking is no longer an option. If they don't have the proper equipment, that'll delay operations and affect the bottom line (not that they're in the black right now anyways).

Reference page 4 of

http://www.tahera.com/Tahera_Presentation_mar2005.pdf

These guys probably share the same ice road with diavik. (Lac de Gras Mines)
So the info on this page would be the answer to your question.

http://www.diavik.ca/iceroad.htm

[Barton03]

this thread is so dead..

i bought uts.to at 2.42 and now its like 2.70 ... yeh! :cheesygri

[vr6man25]

what do u guys think of sgsl (otc.bb) .083 Cents today. march 22/05.

[B40]

this thread is so dead..


It's hard to follow one huge thread with 20 different topics...

Anyways crude oil is taking a hit today :razz: Winter is almost over...

[kornstar369]

It's hard to follow one huge thread with 20 different topics...

Anyways crude oil is taking a hit today :razz: Winter is almost over...
...i hope that means gas is dropping ...from like 88.9 cents back to the good old 45 cent days :D