Official Penny Stock Day Trade / Short Term

CDNGreenTrader wrote: ↑ Today has been perfect from a technical perspective.

Not only did we close the gap in the 40s but also the gap in the 37s. Personally I absolutely despise stocks leaving gaps closed in a bull run.

My long-term target unchanged on GLXY. $100.

Good to know! I'm not selling, and added a little to my TFSA. I rode this thing from mid thirties to 14, and back

Wpgguy86 wrote: ↑ Good to know! I'm not selling, and added a little to my TFSA. I rode this thing from mid thirties to 14, and back

Diamond hands!

Getting frothy again

Hello Contagion, where you been my friend?!?

CDNGreenTrader wrote: ↑ Yay!



I have not bought any since the summer - my average is 73c and because it's an RESP I only had limited funds so I haven't averaged up.

For others that may be interested, last financials:
https://ceo.ca/@newsfile/blumetric-anno ... lts-for-q3

"Revenue for the nine months ended June 30, 2021 was $25.8 million"
"Adjusted EBITDA...increased to $4.1 million for year to date Q3 2021"

So assuming no additional growth in Q4, this is full year revenue of $34 million and full year EBITDA of $5.5 million.

Market cap? $25m. LOL.

Threw an order in earlier at $0.75 and it hit just now. Good enough and will let it sit for months/years/decades now.

The only earnings I'm worried about is PSFE tomorrow.. it's going to be awful I know it. ZOM and SNDL should be fine. zom is making a climb back right now.

If PSFE drops into the $6s, I'm going to scrounge up some funds to add!

faken wrote: ↑ The only earnings I'm worried about is PSFE tomorrow.. it's going to be awful I know it. ZOM and SNDL should be fine. zom is making a climb back right now.

PSFE up on SoFi news..

ROOT spiking after ER

Thank god I averaged down on ROOT lool

Affirm up nearly 30% sheesh

faken wrote: ↑ The only earnings I'm worried about is PSFE tomorrow.. it's going to be awful I know it. ZOM and SNDL should be fine. zom is making a climb back right now.

Why is psfe down so much recently? I'm trying to understand this company and it sounds promising especially their gaming sector.

CHR earnings are out.
@npistone

kkl1208 wrote: ↑ Why is psfe down so much recently? I'm trying to understand this company and it sounds promising especially their gaming sector.

Your guess is as good as mine.. good acquisitions.. I think the management is trash though.

Check out $ITP very positive earning.

Could pop nice tomorrow or Friday definitely can make up to 20% return.

https://www.stockwatch.com/News/Item/U- ... 1110/U/ITP

Called this PSFE....

PSFE dumpster stock.
To think it couldn't go any lower...

pkWHISTLE wrote: ↑ PSFE dumpster stock.
To think it couldn't go any lower...

I've been waiting for $5 all year. It's coming. Going to have to liquidate some CIDM to buy and trade out tho..

Decent earnings from CHR..should only get better!!

All those bulls kept insulting me for not averaging down all year. Saved my ass lol

faken wrote: ↑ I've been waiting for $5 all year. It's coming. Going to have to liquidate some CIDM to buy and trade out tho..

Let me be the first, I bought more PSFE at $5.5 pre-market.

Edit: As usual, it goes down more ...

[CHR]

I won’t be doing a massive deep dive from this quarters ER. I have read through it all and will be dialling in at 9.
Here’s what’s most important to me:

"we are projected to operate approximately 75% to 80% of our fourth quarter 2019 flying activity for the remainder of 2021”. This one speaks for itself, absent a black swan COVID continuation, global regional operators, or at least ones services by CAC are flying quite a bit.

"Positive operating cash flows of $82.8M" is a lot of cash coming in from what seems to be "not their greatest quarter". That is a lot of $ coming in and why the adjusted values are much higher (forex hurts them but a non-cash item on the balance sheet).

The part that is most important to me is the following:

Chorus plans to invest between $300.0 million and $400.0 million in aircraft acquisitions in 2022 financed through existing cash resources, capital raises, secured debt financing or a combination thereof."

Aircraft leasing is a highly capital intensive business by nature, whereby margins are levered by debt and can be quite profitable in a "normal/post COVID environment"

Bullish guidance from management - they are essentially saying we are prepared to resume our previous growth strategy for CAC/RAL. This was CHR's plan to diversify from the AC CPA and become a more profitable company and COVID stopped them in their tracks.

Other then that the recovery theme continues in a positive light. 2022 *should* be CHRs prominent road to recovery.