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strykn 10-18-2010 08:46 PM

Quote:

Originally Posted by Carl Johnson (Post 7150243)
Notwithstanding this particular stock you guys are talking about. Just a general tip on investing/trading. You need to remember that no one has ever gone bankrupt by taking profits. If you are in the money in this stock, it doesn't hurt to lock some in at this point especially with the huge run up. Bulls make money, bears make money, pigs gets slaughtered. I am not saying it can't go up but looking at the chart, risk/reward is not favorable to the long side.

Learned that the hard way last year, was up $4k and got greedy didn't lock any profits and got burned hard. Never will make that mistake again!

ps: anyone have experience with Scotia i-trade, thinking of switching to it from BMO investor line.

subordinate 10-18-2010 09:21 PM

$ 4,000 and you didn't take any profits? Dang.

Were you waiting for the stock to go to the moon? :blushsmile:


& Tag Oil :drool

kwanzor 10-18-2010 10:20 PM

Quote:

Originally Posted by suzuka84 (Post 7150802)
guys, another stock to buy is Hard Creek Nickel (HNC).

do your own DD but I expect this one to be bought out by the chinese



bought more hnc.to :thumbsup:;):D:):drool

waddy41 10-19-2010 08:00 AM

interesting (and somewhat painful) day....definitely not boring...

leilomo 10-19-2010 08:06 AM

so, penny for someones thoughts...are we headed for a near term correction?

mr_chin 10-19-2010 09:19 AM

Quote:

Originally Posted by subordinate (Post 7150876)
$ 4,000 and you didn't take any profits? Dang.

Were you waiting for the stock to go to the moon? :blushsmile:


& Tag Oil :drool

I'm eyeing on tag oil myself as to when I should start getting in. Recent news gave some very tempting information.

gdoh 10-19-2010 09:27 AM

pez

wow the REE's look at what RES has done

waddy41 10-20-2010 07:15 AM

wtf is going on with the whole CAN / SOC fiasco?

Carl Johnson 10-20-2010 07:18 AM

Quote:

Originally Posted by strykn (Post 7150823)
Learned that the hard way last year, was up $4k and got greedy didn't lock any profits and got burned hard. Never will make that mistake again!

ps: anyone have experience with Scotia i-trade, thinking of switching to it from BMO investor line.

Anything in particular you don't like about BMO Investor Line? I was actually thinking of switching to BMO from Questrade, because Questrade just sucks balls with their orders placement/execution. Scotia iTrade seems to have really compelling commissions and margin rate for someone who has good amount of assets and actively trades the market.

gdoh 10-20-2010 07:26 AM

Quote:

Originally Posted by strykn (Post 7150823)
Learned that the hard way last year, was up $4k and got greedy didn't lock any profits and got burned hard. Never will make that mistake again!

ps: anyone have experience with Scotia i-trade, thinking of switching to it from BMO investor line.


yea its hard not to get greedy

you should have taken out you initial investment then everything from there on would be all profit and you could invest what u took out in something else and repeat

subordinate 10-20-2010 09:52 AM

Quote:

Originally Posted by aznlangjai (Post 7151391)
I'm eyeing on tag oil myself as to when I should start getting in. Recent news gave some very tempting information.

That article seemed more like a pump job. To give a unrisked price of $ 225. Insane.

Even then, Tag is very overpriced. Projected exit of 1500 boe/day for 2010 and with a market cap of 180 million. Insane.

More than half of that market cap is likely due to their blue sky shale property, which isn't being drilled at the moment I believe.


& MER-V...Good drill results and it falls 10%..Go figure.

gdoh 10-20-2010 10:18 AM

sell on news buy on rumor =s

ilvtofu 10-21-2010 10:29 PM

Quote:

Originally Posted by SiR_vfung (Post 7146834)
anyone else kicking their ass over how they sold apple at 90$ back during the recession when it was thought to go down to $60??

fmllllllll

LOL I bought at 130 and sold at 160 and I'm still going FUUUU but no point being so greedy with it.

TurtMcDirt 10-22-2010 10:28 AM

Quote:

Originally Posted by nadst3r (Post 7116567)
BZA.T

should be expecting permits for their mine soon

http://www.blm.gov/pgdata/etc/medial...opperstone.pdf

their permits have been approved, but according IR they haven't received any physical confirmation thus they are not allowed to put out a NR.. should be a very interesting next week

subordinate 10-22-2010 10:43 AM

Quote:

Originally Posted by subordinate (Post 7131999)
Looking at Tag Oil Warrants, one year till expiry and almost in the money.

& Cin.v - REE Company, looks like REE plays are heating up.

Tag warrants up close to 300% since mentioning, I sold everything.

CIN - Doing extremely good, close to 100% I believe, never entered though.

------------

Any thoughts on CAN-V 7seven? I figure it has more downside potential than upside during this decision making period. I'll probably wait after the ruling is made on the 28th?

subordinate 10-25-2010 11:18 AM

Happy you sold now eh Waddy? haha.

waddy41 10-26-2010 07:20 AM

sold.....CAN?
I sold 2/3 of my holdings at $2.98

It's okay you win some you lose some..

Chuckz 10-26-2010 08:06 AM

CAN is looking good today

waddy41 10-26-2010 08:22 AM

but what's going on? there hasn't been a news release yet...
I thought they are meeting on the 28th?

subordinate 10-26-2010 08:26 AM

Quote:

Originally Posted by waddy41 (Post 7160979)
sold.....CAN?
I sold 2/3 of my holdings at $2.98

It's okay you win some you lose some..

Talking about mer-v,

That you still sold for a profit, because it fell pretty hard.
Posted via RS Mobile

waddy41 10-26-2010 08:35 AM

oooh ya...but i bought back in at .3 yesterday...no idea what's going on with that one

you didn't answer my question about oil on HSM!

subordinate 10-26-2010 09:39 AM

Really? I never saw a question. What was it about?

An individual posted on HSM about ROZ.V.

And it looks like a legit stock. The IPO had quite a few institutional buyers, from all around.

ROZ is drilling for oil in Australia, but prospective oil in the ground is more than Tag's (Although Tag is more established, with infrastructure, etc) & Remember, Tag Oil had a target of $10, risked valued of $17 ish & sky high potential unrisked of $225 as per GMP

ROZ has a target of $5 from Macquarie & will be drilling fairly soon.

Current Prices: ROZ - 1.60/Share
Warrants - .74/share

Edit: Side Note: Looks like there's an iceberg seller at 1.60

& As always, do your own due diligence.

subordinate 10-26-2010 09:46 AM

Quote:

Originally Posted by waddy41 (Post 7161037)
but what's going on? there hasn't been a news release yet...
I thought they are meeting on the 28th?

eh, I think its' just because gold is up and seems to be pulling up most gold stocks.

& a technical bounce as well off the 50EMA.

Still waiting on the sidelines to see how this pans out. Too much risk to enter.

waddy41 10-26-2010 10:09 AM

thanks for the tip on ROZ..the potential is huge but I don't like trading w/o technicals...
maybe i'll buy a small position...
I asked why Dec - May is oil season?

As for CAN, I don't regret selling for a loss...everything is so uncertain right now..I'm sure there's more money to be made in the future with less risk..

sold Telus yesterday near the day's high....and now it's crashing
I have no idea what's going on...couldn't find any significant news...
I'll buy back in at the end of the day...

subordinate 10-26-2010 05:33 PM

Similar to Natural Gas, it's a seasonal thing. So investors, depending on their risk aversion, will pick stocks in the area because there's a higher chance of it going up, on sheer speculation of supply/demand.

Edit:

& Picked up some CIN, not sure if it was a good enter or not since it could fill that gap, but couldn't resist.


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