Investing

What did you buy? What might you buy??

  • Last Updated:
  • May 24th, 2018 4:15 pm
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Sr. Member
Feb 1, 2015
608 posts
133 upvotes
MB
Following the inside candle reversal on WTI, bought the BetaPro Crude Oil Bear (HOD.TO) @ $13.64. Price target of $15.5.
Deal Addict
Jun 27, 2007
3703 posts
750 upvotes
nice reversal on TSLA intraday. I flipped my cards and now modestly long. There are few gaps above that I hope would be closed.
bot AZO @502 - similar idea, gap close off support

interestingly, new Russel 2000 e-mini futures started trading at CME. So far, volume is extremely low
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
Nov 9, 2013
2114 posts
847 upvotes
Edmonton, AB
In reg account - selling TSE: ACO.X, buying TSE: CRWN
Deal Addict
Jun 27, 2007
3703 posts
750 upvotes
COST approaching my target @150
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 3, 2009
4057 posts
517 upvotes
Montreal
treva84 wrote:
Jul 10th, 2017 10:29 am
In reg account - selling TSE: ACO.X, buying TSE: CRWN
What are you thoughts on CRWN? Any risks you can think of? Thanks.
Deal Addict
Jan 1, 2004
1530 posts
75 upvotes
dlhunter wrote:
Jul 10th, 2017 10:45 am
COST approaching my target @150
Debating on this one too. Valuation seems much more reasonable now.
Deal Addict
Nov 9, 2013
2114 posts
847 upvotes
Edmonton, AB
cn_habs wrote:
Jul 10th, 2017 10:53 am
What are you thoughts on CRWN? Any risks you can think of? Thanks.
I like the company and there is high insider ownership (~30%). Recently there has been lots of insider buying as well, which is what triggered this order. I don't think it's cheap, but if growth expectations are met it's a good GARP play.

With respect to risks, you are essentially dependent on management's ability to successfully loan money. If management does a bad job assessing risks and makes bad loans, then they are destroying value. Furthermore the loans are fairly concentrated in energy or energy associated companies - 44%. While the loans are in place there is a switching cost, but once the loans are repaid CRWN has no moat. As the loan terms are fixed, CRWN is dependent on finding new companies to re-finance to ensure ongoing operations. Also this will lead to some cyclicality, depending on economic expansion / contraction. On the plus side, management does a good job with value adds - in addition to a loan with a 10-16% interest rate, they often get perks - i.e. warrants, equity, etc as part of the deal.

Shares are also very illiquid as well, which is no surprise given the market cap.

I'm hoping to ride coat tails - if there wasn't a substantial insider ownership with recent insider buying I wouldn't be buying this today.
Deal Addict
Sep 2, 2004
1862 posts
157 upvotes
On the TSX - will probably buy SAP and add to IPL. Likely selling PWF. And keeping a long-term eye on PEY. It's down almost 40% over the past year and although it doesn't meet my usual DGI criteria, it's starting to look like an attractive valuation.
Deal Addict
User avatar
Mar 16, 2010
1993 posts
785 upvotes
Hamilton
Dpack22 wrote:
May 12th, 2017 2:20 pm
Using money from tax return to buy split positions in CTC'A @ 158.51 and IAG @ $50.88 . Solid earnings on both and both down a fair bit. Looking to exit around $185 on CTC and $58 on IAG.

Wish I bought CTC yesterday but I wouldn't have gotten a better deal in IAG. We'll see how this plays out.

Wanted to buy AIM yesterday but I wasn't nearly brave enough. Those trades are for people with bigger stones than me.
Sold my position on IAG @$58.26 and doubled down into a full position of CTC'A (play money anyways). Was debating buying CNQ but oil needs some quiet time in the corner to get itself sorted out.
Sr. Member
Oct 21, 2014
849 posts
625 upvotes
Burlington, ON
Started position in UnitedHealth at 187.01
Sr. Member
Oct 3, 2005
880 posts
25 upvotes
Dpack22 wrote:
Jul 10th, 2017 12:26 pm
Sold my position on IAG @$58.26 and doubled down into a full position of CTC'A (play money anyways). Was debating buying CNQ but oil needs some quiet time in the corner to get itself sorted out.
Sorry for my ignorance, but why CTC'A?

Any thoughts on TSLA?
Deal Addict
Jun 27, 2007
3703 posts
750 upvotes
pakman604 wrote:
Jul 10th, 2017 2:10 pm
$ADP going to gap up. Get in while you can.
Hi there... Grinning Face
Care to explain why? I see red candles in the ADP future.

I would rather buy INTC near 33
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
Feb 26, 2012
1828 posts
279 upvotes
MISSISSAUGA
NVDA anyone? It's been on my radar but still hesitant at where it is.
Member
Nov 13, 2011
494 posts
148 upvotes
Vancouver, BC
Mr_Dogg wrote:
Jul 10th, 2017 6:18 pm
NVDA anyone? It's been on my radar but still hesitant at where it is.
Bought it on the tech dip.. recovering nicely

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