Investing

What did you buy? What might you buy??

  • Last Updated:
  • May 28th, 2017 1:46 am
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Member
Dec 7, 2007
208 posts
64 upvotes
0
endokuken wrote:
May 17th, 2017 10:08 am
What's up with ENB tanking even more?
Well - the markets are getting fist pumped today and pretty much everything is taking a beating.
Newbie
Feb 26, 2017
86 posts
19 upvotes
Bought Enb at 52.82.

I'm now out of cash so it's time to just watch for a while.
Jr. Member
Jun 28, 2016
141 posts
38 upvotes
Bought IPL at 26.55. As usual, I am very pleased when I manage to buy a good stock, get a total return of more than 15% in capital gains + dividends in less than 12 months, sell it, and then buy it back again for less in the same year. Thank you market volatility.
Jr. Member
Sep 1, 2014
115 posts
33 upvotes
Toronto, ON
Chance7652 wrote:
May 17th, 2017 10:18 am
Bought Enb at 52.82.

I'm now out of cash so it's time to just watch for a while.
Nice buy.... For some reason people are bashing ENB on other forums I read and I don't really understand it... It has no doubt been stagnant for a bit, but its a blue chipper with great growth and divi.
Deal Addict
Jun 27, 2007
2893 posts
452 upvotes
covered many shorts
TF @1368
TSLA @306.45
DIS Jun 110C
TSLA Jun 325C
TSLA Jun 320C
VRX Jul 9P

bot
GM @33
GWO @33.7
SLF @44.5
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!
Deal Addict
May 22, 2003
1971 posts
900 upvotes
Vancouver
Yes, very close to pulling trigger on ENB to add to position, might wait one more day...too much to wish for <$50?
Jr. Member
Oct 12, 2016
120 posts
16 upvotes
Guys I would like to know your views on the following four stocks:

IMO
AGU
GIB.A
MG

Would you recommend initiating small positions in any or all of the above?
Jr. Member
Sep 1, 2014
115 posts
33 upvotes
Toronto, ON
Jermyzy wrote:
May 17th, 2017 12:10 pm
Yes, very close to pulling trigger on ENB to add to position, might wait one more day...too much to wish for <$50?

Still quite a way to go before sub 50, however, with Trump getting lambasted (him being pro pipleine), it could fall further. Oil seems to be gaining though. Regardless I think waiting till tomorrow to see if we have another massive down day would be prudent in my opinion.
Newbie
Feb 26, 2017
86 posts
19 upvotes
Stive85 wrote:
May 17th, 2017 10:56 am
Nice buy.... For some reason people are bashing ENB on other forums I read and I don't really understand it... It has no doubt been stagnant for a bit, but its a blue chipper with great growth and divi.
I find days with big drops to be buying opportunities. I wish I had a bit more money on the sidelines before today.

ENB is a long term hold for me. I bought it over $56 so it looks pretty good to me at these prices. I own IPL as well and think its also good value under $27. They just had a good quarter and are getting dragged down by the sector.
Deal Fanatic
Jun 26, 2011
9342 posts
581 upvotes
Chance7652 wrote:
May 17th, 2017 12:36 pm
I find days with big drops to be buying opportunities. I wish I had a bit more money on the sidelines before today.

ENB is a long term hold for me. I bought it over $56 so it looks pretty good to me at these prices. I own IPL as well and think its also good value under $27. They just had a good quarter and are getting dragged down by the sector.
Was just looking at IPL. I think for long term it is good here.
Deal Addict
Jun 27, 2007
2893 posts
452 upvotes
shorts are not covering, volume builds lower. Bonds rallying, VIX up 22%
this is real, more downside in store.
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
2893 posts
452 upvotes
Gartman said just yesterday oil's run is over and he is short. Like a clockwork, oil up 1%, lol
XOM confirming - building a base near 81-82. With driving season soon, I will probably long some oil... weaker dollar should support
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
2893 posts
452 upvotes
if someone looking at UPS - it has been trading in $6 range (103-109) and today touched support. I think it will break soon, and new range should be 97-103. Will be looking to buy near 97.5
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!
Member
Aug 17, 2008
443 posts
115 upvotes
dlhunter wrote:
May 17th, 2017 1:12 pm
Gartman said just yesterday oil's run is over and he is short. Like a clockwork, oil up 1%, lol
Gartman jumped the shark a decade ago. Who still subscribes to him besides CNBC?
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