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What did you buy? What might you buy??

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  • Jul 15th, 2018 8:22 pm
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Deal Addict
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Apr 12, 2012
1534 posts
435 upvotes
Toronto
jerryhung wrote:
Nov 14th, 2017 5:29 pm
Ha ha, don't do what I do = don't buy what I buy :P ENB/ENF/CJR.B/PKI are recent buying yield and catching falling knives :( For LONG-term bagholding I guess
Although I own ENB already, and tried OSTK today at $50.6
Got out of ALK before ER at $80, THANK GOD
Do you Index part of your portfolio just in case?
Deal Addict
Feb 4, 2015
3288 posts
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Canada, Eh!!
Have dealt with GE execs in Atlanta... they like to position themselves as a true USA company but really will wrap themselves in any flag if incentives are there... not great business continuity as more often then not they lower infrastructure costs but lose the talent.

They have also bought many small business [revs less then 500M USD] and poorly integrated... further loss of talent plus the companies that sold these businesses did not see them as growth areas.

Every new CEO is basically taking action to reverse what previous CEO did... can't run business like that.

Consulted with them back 10 years during crisis... total dis organized... Immelt boasted of GE Fin and then had to get bailed out.

Flannery is part or used to lead that section of GE that took creative license with int'l transfer pricing... financial engineering over actual business growth. Perhaps he has matured.

Time will tell... I suggest not to consider GE until 16.50, IMHO.
Deal Addict
Feb 4, 2015
3288 posts
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Canada, Eh!!
Rinse and repeat... didn't think would be able to do this again after GILD went higher but with recent fall got back in with Feb $75 calls.

Third time doing this year and good first two times but am I pushing my luck?!
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Oct 9, 2008
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Thornhill
llpresident wrote:
Nov 15th, 2017 1:08 am
I am by no means suggesting Moneysense has any investing credibility but they released their 2018 “all stars” list:

http://www.moneysense.ca/save/investing ... all-stars/

Anyone here feel strongly about any of the stocks on this list?
When I enter their top 4 'A' Value Graded recommended names into BMO Recognia's Value Analyzer I don't get nearly the same level of undervalued assessment. Neither Genworth, Hudbay Minerals, Westjet or Power Financial come up as undervalued at all, some close to 'fairly valued' while WestJet comes up as 9% overvalued.
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Oct 9, 2008
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Thornhill
Here's to hoping the start of the holiday selloff begins so I can tap into my PLC!
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Dec 6, 2006
3974 posts
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Toronto
Jeenyus1 wrote:
Nov 15th, 2017 9:10 am
Here's to hoping the start of the holiday selloff begins so I can tap into my PLC!
Woh... I see lots of red.... selloff begins?!
Deal Addict
Aug 17, 2008
1273 posts
573 upvotes
CPX.TO, $23.70 bid ~7.05% dvd. Last 2x, the mkt easily cut through my 7% equivalent bids, so I have lowered the bid a little. Also looking to add to RNW at < $13.00

Previous posts;
https://forums.redflagdeals.com/what-di ... #p26065743
https://forums.redflagdeals.com/what-di ... #p27097490

Update: filled on CPX
Edit #2: In this mkt, don't assume the price won't go lower. Yield target vs technical target both breached, https://invst.ly/5uog-
Last edited by MrMom on Nov 15th, 2017 10:00 am, edited 2 times in total.
Deal Addict
Jun 27, 2007
3796 posts
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BTFD?

VIX fading, Bonds retreating.

ALK strong, above 62
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
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Jan 22, 2006
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Northside
ENB is kicking me in the a**, damn!!!!!

bought it at 47.xx two weeks ago
#WeTheNorth
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Oct 9, 2008
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dlhunter wrote:
Nov 15th, 2017 10:09 am
BTFD?

VIX fading, Bonds retreating.

ALK strong, above 62
I'm going to wait closer to end of year as I have to be fairly careful with my entry/exit to avoid paying too much in interest. Ideally I'd like to time it within 2-week span all together which puts me around entry for December 22nd and exit by January 5th 2018.
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Jun 27, 2007
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Jeenyus1 wrote:
Nov 15th, 2017 10:24 am
I'm going to wait closer to end of year as I have to be fairly careful with my entry/exit to avoid paying too much in interest. Ideally I'd like to time it within 2-week span all together which puts me around entry for December 22nd and exit by January 5th 2018.
I think there will be weakness going into Black Friday, eg next Wed. Then, it's seasonally strong, maybe very short term (eg week) rallying off strong Thanksgiving sales numbers. One more weak period is first week in Dec, after that it's either strong Xmas rally or sideways into year end.
The real selling can be after tax cuts... folks will want to take advantage of lower taxes and book profits.

edit: changed decade for week.
Last edited by dlhunter on Nov 15th, 2017 10:28 am, edited 1 time in total.
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
Deal Addict
Jun 27, 2007
3796 posts
777 upvotes
sold RUT futures @1464 (bot 1453.8)
sold EMD futures @1817.5 (bot 1808)
keeping NQ from 6237 but finger on trigger - out @6258.5
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
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Oct 9, 2008
5194 posts
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dlhunter wrote:
Nov 15th, 2017 10:28 am
I think there will be weakness going into Black Friday, eg next Wed. Then, it's seasonally strong, maybe very short term (eg week) rallying off strong Thanksgiving sales numbers. One more weak period is first decade in Dec, after that it's either strong Xmas rally or sideways into year end.
The real selling can be after tax cuts... folks will want to take advantage of lower taxes and book profits.
Precisely. This is an event that will continue to bait the market into holding for maybe quite some time as I don't know what Congress's timeline is if any to be able to put this through.

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