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Quote:

Originally posted by SlySi
Not surprising.. Its still a good time to buy.
Im going to gamble a little and buy some shares of MSQ.

Heres A Good Article

Foreign investors buy Canadian
TAVIA GRANT

Wednesday, April 19, 2006

International interest in Canadian stocks is soaring, with foreigners buying more equities in the first two months of the year than they did in all of last year, Statistics Canada said Wednesday.

Foreign investors purchased $4.7-billion of Canadian equities in February, a similar pace to January, with U.S. investors accounting for the bulk of interest.

A boom in commodities such as gold, copper and oil is peaking the interest of investors outside of Canada and that won't likely diminish any time soon, said David Filiplic, an analyst at Statscan.

“The heaviest [trading] is in natural-resource companies — oil, minerals, the whole gamut,” he said in an interview. “Gold companies are being picked up as well.”

“I wouldn't be surprised if this keeps on going, oil prices and other commodities being as high as they are.”

Oil and copper prices are currently sitting near record territory, while gold and silver are trading at multi-decade highs.

The Canadian dollar extended its gain after the report bolstered confidence in the strength of economy. The currency rose as much as 88.09 cents (U.S.) from yesterday's close of 87.71 cents, a six-week high and near its highest level this year.

“Foreign investors are likely to continue to find Canadian investments attractive in the near-term,” wrote John Anania, assistant chief economist at RBC Financial Group in a note, amid expectations that rising commodity prices and economic growth will support Canada's stock market.

While non-residents were snapping up stocks, they were also offloading their Canadian bond holdings. Foreign investors, especially Americans, sold Canadian bonds for the third month in a row. They bought money-market paper.

Overall, foreign investors purchased $2.1-billion (Canadian) of Canadian securities in February after buying $3-billion worth the month before.

Canadian investors, meantime, bought $2.7-billion worth of foreign securities in February — marking the 13th consecutive month of net buying. “Investment occurred in all asset classes with purchases of foreign equities leading the way,” Statscan said.

Canadians invested heavily in U.S. equities while selling $600-million of overseas shares.

After making a record investment in foreign bonds in January, acquisitions slowed considerably in February. Canadians purchased just $700-million worth of bonds, as they sold U.S. bonds and bought overseas bonds.

“This was the seventh straight month of acquisitions of overseas bonds,” Statscan said.

Thanks for the article.

Good luck with your shares but I hope the stock drops goes back to a reasonable price hehe..

Anyone recommend any good stock market books?

Quote:

Originally posted by ws6ta
stocks that have a very good risk/reward ratio right now...CHID should start kickin ass right away...HRID waiting for news on facility...CTGLF really good risk/ratio as well

HRID
CHID
CTGLF

when I called HRID = .30 seen .90

CHID = .50 now $1.12

CTGLF not much change

i bought chid .50 sold .71 bought hrid .30 sold .535

too bad I don't hold...this is why i always stay around what my original investment in my account is...have gotten burned by some pretty in the past...

I love my scepter <3

^ what the ticker symbol?

Think there's one called "Trading for a living" by Alexander Elder

http://www.amazon.ca/exec/obidos/ASI...519171-5973644

Van Tharp has a few good books too

http://www.amazon.ca/exec/obidos/ASI...519171-5973644

Jack Schwager is good too

http://www.amazon.ca/exec/obidos/ASI...=29HYA6EBATD4V

http://www.amazon.ca/exec/obidos/ASI...519171-5973644

That's all I can think of right now

Quote:

Originally posted by redliine
Anyone recommend any good stock market books?

I think FMLY is a good buy not a book but the stock

IHDRE is a good one as well :)

I use TD waterhouse..

and im mainly into penny stocks cause i like the panic they cause me.. LoL..

My 2 big penny stock winners are.

USXP up over 700% since I gots it
RSHN up around 400% since I gots it
They are in the US Market.
They are going places you im jsut sitting right now and enjoying the ride.
I have been very happy with my stock Picks..
another thing about Pennys is your dont have to Spend much to get a big..
Just got to have Balls.
$1000 investment cashed out to be 30 Grand in 3 months.. with USXP at the last high of 4 cents.
Bling Bling Here.

Quote:

Originally posted by HarDCorE17
iv been playing the markets for a few years now, lost quite a bit of money but made quite a bit to needless to say im ahead thats the main thing my current plays are

FMLY- 135,000 invested so far, averaged in at 0.017
ZP- 120,000 invested, averaged in at 0.65

recent gainers-

GPG- invested 8000 sold recently for 40,000 5 month play
TDCP- averaged in at 0.06 averaged out at 2.53 turned a profit of 173,000

I do this for a living, my recommendation for the new people starting out, take about $2000 and start trading you learn more when you actually have your money involved, then read books, go to chapters and get some trading tips and chart analysis books, there is an unbelivable wealth of knowledge within the investment and business isle of your local chapters. Try and stay away from the pinksheets they are a nasty arena and can steal your money almost immeditaly if you dont know what yoru doing. Also stay away from afterhours trading im not saying to not participate but be prepared for anything to happen. I cant stand watching cramer i think his show sucks. But if you guys like to watch and have enough money to play, try some afterhours trading while cramer is pumping, afterhours trading closes at 4pm local time and his show is on at 3 pm so if you jump on the gun you can place some trades while he is pumping and usually you can get at least 10% gain in the afterhours. But dont hold overnight try and get rid of em before 4 oclock!

fmly down to .015 level again freaken thing is pissing me off :(

fmly giving me an ass raping even with the financials out :(

I've been watching fmly too, watched it jump almost 30 percent then fall back down. Actually, the whole market is anal raping me now......

I don't recommand people to buy pennies stocks because they are very high in risks. Your chance to gain will be greater at casino rather than pennies stocks.

I do recommand oil services/drilling stocks! Here is some of my hot picks.
HYDL - $74.45
COP - $61.81
GRP - $43.74
MDR - $63.90
SPN - $31.08

**All prices as of May 25, 2006**

Most oil related stocks just took a major correction (20-30%) over the past 10 days. Is really a great time to buy any of them as the summer driving seasons starts on Memorial Day. When you combined with Iraq, Booming China fuel comsumption, and starts of Hurricane season, you will have a win-win situation for the long run.

Just my 2 cents.

My best plays are Falcon Oil and Gas (TSXV:FO) and International Sovereign Energy (TSXV:ISR). Falcon made a steep delcline but i got out at early and now its cheap so I bought back in. My ROI (return on investment) so far in 5 months is a nice 70%.!! I bought falcon cheap thats why. These two stocks are $$$$ risk, yet at the same time $$$$ POTENTIAL PROFITS. Just gotta play it smart and not get too greedy. Falcon they say can hit 50 Dollars U.S. By end of 2007. Falcon has huge potential because they found 200 TcF(trillion cubic feet) of gas in the Hungarian play.
www.falconoilandgas.com Do your research and happy investing.

Yes.... Falcon is a very popular stock....

Next big money maker for me is...

http://finance.yahoo.com/q?d=t&s=PWAC.OB

Iv got allot riding on this one.
Do your own research.
I was lucky to get in at a dollar...
Im giving this company 3-4 years.. long term.

PWAC.OB is pretty risky stock.
Due to low volume, $2 stocks and they are losing money. Fuel cell business can be good and bad thing. It might be the next energy alternative (although I don't believe there will anything replacing oil and natural gas)!

Not that it's a bad stock, but you are taking a lot of risks.
I NEVER buy company's stock that are LOSING money.

Just my 2 cents.

Right now, the best stocks to get into are Mining and Gas Exploration Companies. They have HUGE potential and BIG returns if successful. They are penny stocks but they are still pretty solid if you reserach well.

Yes, just research before you buy any stocks. It's plain stupid to buy what people said it's good!

should have bought ebay yesterday. it was at 28 i thought it would drop alittle more then it went up to 38. shiiiiit!

What do you guys think of BioTech?

BioTech is RISKY! IF their products or medicine doesn't get approved or denied for sale, their stock will drop like 20-30%+ in one day.

Like I said, never buy small Cap stocks. It's true that you will have a great reward if you are right on the money. But you are taking a lot more risks.

Pennies stocks are good if you can take on the risk. Big UP and DOWN! If you want long term investment, go for BIG cap company with positive earnings.

Done my research. Im in it for the long run.
Check back with me in 4 years.

:o)

Quote:

Originally posted by McDick
PWAC.OB is pretty risky stock.
Due to low volume, $2 stocks and they are losing money. Fuel cell business can be good and bad thing. It might be the next energy alternative (although I don't believe there will anything replacing oil and natural gas)!

Not that it's a bad stock, but you are taking a lot of risks.
I NEVER buy company's stock that are LOSING money.

Just my 2 cents.

Quote:

Originally posted by McDick
I don't recommand people to buy pennies stocks because they are very high in risks. Your chance to gain will be greater at casino rather than pennies stocks.

I do recommand oil services/drilling stocks! Here is some of my hot picks.
HYDL - $74.45
COP - $61.81
GRP - $43.74
MDR - $63.90
SPN - $31.08

**All prices as of May 25, 2006**

Most oil related stocks just took a major correction (20-30%) over the past 10 days. Is really a great time to buy any of them as the summer driving seasons starts on Memorial Day. When you combined with Iraq, Booming China fuel comsumption, and starts of Hurricane season, you will have a win-win situation for the long run.

Just my 2 cents.

Other people watch Mad Money w. Jim Cramer too you know?

Quote:

Originally posted by RTS
Other people watch Mad Money w. Jim Cramer too you know?

I don't watch it that much. Those are some of the stocks I hold over the past year.
If you watch Jim Cramer too much, you will get burn from his words. He is an idiot that tell people what to buy and what to sell. He will say something positive about oil today, and something negative about the oil next day.

All I know he is making a hell load of money!