Investing

What did you buy? What might you buy??

  • Last Updated:
  • Nov 30th, 2020 10:01 pm
Tags:
None
Deal Addict
Feb 26, 2017
1690 posts
1784 upvotes
Anyone have an idea why ENF is down 5% today?

High volume chart is a straight line down so far.
Deal Addict
Nov 9, 2013
3946 posts
3644 upvotes
Edmonton, AB
Thinking about KMB. Still a little bit expensive but probably the best value it's been in years.
Keep calm and go long
Deal Fanatic
User avatar
Oct 9, 2008
5681 posts
2233 upvotes
Thornhill
Holiday e-commerce season signalling for more activity than last year.

--

XPO Logistics adding 6,000 holiday workers on e-commerce outlook

XPO Logistics Inc said on Friday it is hiring more than 6,000 seasonal workers for the crucial peak holiday season, roughly 20 percent more than last year, as the third-largest publicly traded U.S. logistics company gears up for a surge in e-commerce deliveries.

https://www.reuters.com/article/us-xpo- ... SKBN1CP1LB
Deal Addict
Jan 20, 2016
2028 posts
1008 upvotes
Houston, TX
Chance7652 wrote: Anyone have an idea why ENF is down 5% today?

High volume chart is a straight line down so far.
kinda flash crash due to trading algorithms? (It broke 50MA just before the freefall)
Make the face great again
Deal Fanatic
User avatar
Oct 9, 2008
5681 posts
2233 upvotes
Thornhill
spongewen wrote: Get some ENF at 7% yield.
asa1973 wrote: kinda flash crash due to trading algorithms? (It broke 50MA just before the freefall)
No idea.

But I bought 9.65% position just now. Thanks! Didn't get it for quite 7% yield but @ $30.23 C i locked in 6.79%
--
I'm looking into a possible 'why' now, if I find out anything I'll post it.
Last edited by Jeenyus1 on Oct 20th, 2017 10:28 am, edited 2 times in total.
Deal Addict
Dec 3, 2014
2026 posts
1278 upvotes
Ontario
CELG down 10% which thankfully I got out of for IBB. I think it’s a good company and great growth stock so probably an opportunity.
Deal Addict
Dec 3, 2014
2026 posts
1278 upvotes
Ontario
Jeenyus1 wrote: No idea.

But I bought 9.65% position just now. Thanks! Didn't get it for quite 7% yield but @ $30.23 C i locked in 6.79%
--
I'm looking into a possible 'why' now, if I find out anything I'll post it.
I’m trying to get in on it but trade wouldn’t trigger. Moved up too fast now I guess but I had a $30 limit when it was $29.85 so...

Edit cancelled the order as it’s running up now and didn’t trigger. POS
Deal Addict
Feb 26, 2017
1690 posts
1784 upvotes
Sold some of my IPL at 25.60 and bought ENF at 29.71.

This will likely be more of a trade than long term move. In a worst case scenario I just increased my dividend income.
Deal Fanatic
User avatar
Oct 9, 2008
5681 posts
2233 upvotes
Thornhill
llpresident wrote: I’m trying to get in on it but trade wouldn’t trigger. Moved up too fast now I guess but I had a $30 limit when it was $29.85 so...
I just place @ "market" orders when I get into freefalls. The difference of less than 1% yield doesn't concern me too much on this one as it's likely a mess on behalf of a firm's algo. I couldn't find anything that seems to indicate a reason for the steep drop. No sell recommendations but there was a 12mo target downgrade issued by CIBC World Markets on 17 Oct 2017 from $38 to $35.
Last edited by Jeenyus1 on Oct 20th, 2017 10:43 am, edited 1 time in total.
Deal Addict
Dec 3, 2014
2026 posts
1278 upvotes
Ontario
Jeenyus1 wrote: I just place @ "market" orders when I get into freefalls. The difference of less than 1% yield doesn't concern me too much on this one as it's likely a mess on behalf of someone's algo. I couldn't find anything that seems to indicate a reason for the steep drop. No sell recommendations but there was a 12mo target downgrade issued by CIBC World Markets on 17 Oct 2017 from $38 to $35.
Rookie mistake I guess. I’ve become accustomed to limit only
Penalty Box
Apr 23, 2017
298 posts
184 upvotes
I averaged down on both ENF and ENB ~29.65 and 49.65. Now they can start rising... :-)
Deal Fanatic
Jun 27, 2007
5472 posts
1897 upvotes
bot CELG @ 122 (half position)
It's easy to grin when your ship comes in and you've got the stock market beat.
But the man worthwhile is the man who can smile when his shorts are too tight in the seat 😃
In Fed We Trust - Make ES Limit Down Great Again!
Deal Addict
Dec 3, 2014
2026 posts
1278 upvotes
Ontario
dlhunter wrote: bot CELG @ 122 (half position)
I’m tempted. Already own a lot of biotech but it’s hard to argue with purchasing a company that is leading the way in many cancer solutions at 10% off

Top

Thread Information

There are currently 9 users viewing this thread. (4 members and 5 guests)

mc9180, Jtdeals, CheapskateForever, vivmk20