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01-19-2010, 12:13 PM
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#2176 | | My homepage has been set to RS
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Whoa, I was not expecting to see all of them go up around 10% today.
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Heads up on XT-V, another Shale gas play in the area, less risk associated with it, because its' current assets are essentially equal to a book value of .40/share. The current share price today is .45cents/share.
Shares o/s is just over 11 mill.
Look for this stock to play the catch up game.
Last edited by subordinate; 01-19-2010 at 02:21 PM.
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01-21-2010, 01:56 AM
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#2177 | | My homepage has been set to RS
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Well that was a nice initial open for CQM, with a high of day of 1.48 (Mentioned at $1/share, then settling down to 1.34 cents. If anyone gives CQM-V a brief look, they will notice that there is not much resistance until $ 3 dollars/share. IMO.
Heads up, GMR (a play in the region) will be releasing results this week, which will impact the entire region.
Here's an piece from an old News Release:
Gastem: Directors and Officers Flow-Through Private Placement for $93,005
Gastem Inc GMR
12/31/2009 2:27:01 PM
MONTREAL, QUEBEC, Dec 31, 2009 (MARKETWIRE via COMTEX News Network) --
Gastem (TSX VENTURE: GMR) is pleased to announce that it has closed a $93,005 flow-through private placement for directors, officers and friends equal to 143,085 Units at a price of $0.65 per Flow-Through Unit. Each Flow-Through Unit consists of one flow-through common share and one common share purchase warrant. Each whole warrant entitles the holder to acquire one non-flow-through common share at a price of $0.85 per share for a period of 18 months from the closing.
The Offering was made to directors, officers and friends within the meaning of National Instrument 45-106 in the Province of Quebec. The closing is subject to the completion of formal documentation and receipt of Regulatory approval including the approval of the TSX-V. There was no commission paid for this private placement.
Getting their friends/family in before the run??? (Possibly know something that they aren't telling?) IMO. This is the venture exchange......where the crooks make their bread and butter.
And please don't just jump into any of these plays because of some guy on the internet spewing some information, do your own DD (Due Diligence)
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For NDR-V, closed today at .285, not bad since mentioning it at .17cents (1.5 months ago.
Too bad I sold everything at .24/share to position myself more in the Utica plays. I took the gamble simply because of risk/reward ratio, where the possible rewards was very attractive.
If money is gained, a simple reentry into the Kinross FDN plays will be my next strategy since Kinross will be releasing results fairly soon, as well as Eco metals.
Last edited by subordinate; 01-21-2010 at 02:23 AM.
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01-21-2010, 10:27 AM
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#2178 | | I STILL don't get it
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absolutely painful day in the market today...hopefully it's not the beginning of the "correction" that we've all been hearing about.
subordinate - great call on cqm.v and the utica plays recently. looks like theres a bit of profit taking or maybe it's just an overal flowover effect from the general market. possibly a good time to buy more shares. do you know when they are going to announce the drill results?
btw - what does everyone think of financials?
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01-21-2010, 10:49 AM
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#2179 | | "They call me Bowser...RawR!"
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Originally Posted by leilomo  absolutely painful day in the market today...hopefully it's not the beginning of the "correction" that we've all been hearing about. | I think it may very well be. I haven't purchased a stock for weeks and have done nothing but sold. It's not that I don't want to buy anything, I can't find anything to buy. When I read charts, the first thing I look at is the stochastics, then I try to confirm with MACD/histogram and candlestick formations. Everyday, I try to find something to buy but charts are telling me most stocks are overbought and have been for a while now.
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01-22-2010, 01:31 AM
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#2180 | | RS controls my life!
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Any thoughts on the gold stocks? ABX and Goldcorp pretty much fell back to their October levels in the last couple of days with gold still over $1100  | |
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01-22-2010, 08:13 AM
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#2181 | | I STILL don't get it
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cqm.v on a bit of a slide these last 3 trading sessions. is it because of lack of news or profit taking? or does someone know something that we don't?
sub - whats your take?
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01-22-2010, 12:46 PM
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#2182 | | My homepage has been set to RS
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I think it's purely based on the current conditions of the stock market. We have had 3 decent down days in a row. Stocks then generally get pushed down.
In addition, the downward movement is also likely compounded by nervous retail investors selling, locking in profits, thinking there is a major correction in the markets happening soon. I'm not fully convinced yet.
I am still holding.
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FYI, The gap on CQM at 1.15cents is closed now, so 1.15/share is a pretty good support here, that's if the markets don't go free falling from here.
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01-22-2010, 01:10 PM
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#2183 | | I STILL don't get it
Join Date: Sep 2005 Location: vancouver
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monday is going to be a pretty critical day here.
usually we see pretty bullish movements on mondays due to mutual funds buying in. if this doesn't even happen, then we should be reaally cautious of the market - if it falls further on monday, i'll be taking all my money off the table, and i advise that the rest of you folks should probably consider this too. i predict that the dow will probably fall to around the 9000-9500 level before going back up again. imho.
technically, things are very oversold now - it just a matter of getting some good economic news into the system that should push things up.
what does everyone else think? there must be more people in here...
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01-22-2010, 02:26 PM
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#2184 | | OMGWTFBBQ is a common word I say everyday
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people here, except when you have a new born, there is no freaking way to trade stocks.
Not during regular hours.
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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01-22-2010, 04:32 PM
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#2185 | | WOAH! i think Vtec just kicked in!
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Don't be like one of the dumb analyst came on TV in September 08 and said buy into the bank stocks because the market is "oversold". Market can remain oversold longer than you can remain in solvent.
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01-24-2010, 04:37 AM
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#2186 | | My dinner reheated before my turbo spooled
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Originally Posted by Carl Johnson Don't be like one of the dumb analyst came on TV in September 08 and said buy into the bank stocks because the market is "oversold". Market can remain oversold longer than you can remain in solvent. | Straight from John Keynes.
I don't trust analysts or economists, hindsight seems to be always 20/20 for them. But than again I don't "invest" but rather trade.
If you guys have time you should pick up a book called The Black Swan by Nicholas Nassim Taleb. It's the follow up to his second book Fooled by Randomness.
If you're a trader this book will make you see things in a different mindset.
This is the guy who doesn't believe in any economic indicators such as like housing starts and consumer spending, which is shocking cause his day job is a hedge fund manager.
He argues against people (analysts, Economists) who claim they can understand the probability of a rare event happening. He hates on banks for using quantitative measures at risk. He also elaborates on using mean variance for risk allocation calling it BS.
You may not agree with everything he says, but regardless it's a fascinating read.
__________________ Quote:
If we are not able to ask skeptical questions, to interrogate those who tell us that something is true; to be skeptical of those in authority, then we're up for grabs..
-Carl Sagan
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01-25-2010, 12:18 PM
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#2187 | | I STILL don't get it
Join Date: Sep 2005 Location: vancouver
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cqm hitting new intraday lows - time to worry?
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01-28-2010, 03:54 PM
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#2188 | | Everyone wants a piece of R S...
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what does everyone think about Air Canada?
Their Q4 results is on Feb 10
Think they'll do good because in winter fuel costs was low, plus all the fares sold for the olympics....
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01-29-2010, 04:57 PM
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#2189 | | Banned (ABWS)
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how bout NEXM ? anyone good @ chart reading give some insight on it?  | |
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02-02-2010, 10:25 PM
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#2190 | | Captain Happy Bubble is my Homeboy
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Originally Posted by kwanzor how bout NEXM ? anyone good @ chart reading give some insight on it? | I'll take a stab at it.
NEXM has a messy ass chart. It's a penny stock and it looks like it gets its share of pumping. Biopharm companies are always fun to short. Especially if you see a spike. Playground for traders but a footshot for investors.
Looks like they've been releasing some fluffy news about their medicine without some results to show. A quick glance at the financials shows that they aren't exactly profitable.
The company had ahuge spike back in the beginning of this year, doubling it's share price from $0.40 to $0.80. Looks like the price couldn't break resistance of $0.75 and now it's falling. I'd look into shorting and put a stoploss at $0.75 with a take profit of maybe $0.40 to $0.30.
Mods, if I'm breaking the rules here, delete this post. Or edit.
Anyways, anyone looking at C? It retraced to a low of $3.15 but I jumped in way before it. In the green now though. Looks like it's going up up up! Hopefully it'll break the $5 and go to $10 or something.  | |
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02-02-2010, 10:33 PM
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#2191 | | I *heart* Revscene.net very Muchie
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citigroup has like 30 billion shares lol
if it hit 10 dollars, all others banks will probably run up as well
i think bac would be like 40 dollars, jpm would be like 90 bucks...which seems kinda insane
itll probably be like 5-6 dollars max until they do some kind of share buyback or something to reduce all those shares
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02-02-2010, 10:56 PM
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#2192 | | Everyone wants a piece of R S...
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I think citigroup is just going up because of its sale of its private equity section.
I think it will hit 3.5 and meet resistance imo. I bought at 3.25 but panicked and sold it at 3.23 loss. I then bought air canada at 1.30 and so far so good. Continental Airline reported good results today and I predict Air Canada will too. But god damn the volume traded on AC is so little
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02-08-2010, 09:26 PM
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#2193 | | I STILL don't get it
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subordinate - are you still in cqm? looks like they've halted trading for the time being until their report comes out sometime this week...should be interesting to see what'll happen to the SP after the news hits the press. $1.28 @ Close as of 2/5/10.
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02-09-2010, 12:21 PM
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#2194 | | My homepage has been set to RS
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Originally Posted by leilomo subordinate - are you still in cqm? looks like they've halted trading for the time being until their report comes out sometime this week...should be interesting to see what'll happen to the SP after the news hits the press. $1.28 @ Close as of 2/5/10. | Yep, I regret selling some shares 2 weeks ago though.
See the news release?
High today was 1.60 something.
Current S/P $ 1.43/share
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Did you pick up any Leilomo?
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02-09-2010, 08:34 PM
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#2195 | | I STILL don't get it
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yep, thanks to your making us aware...did some dd and picked up some at $1.00.
saw the news release today; one thing i don't really understand is how junex (cqm's 50% partner) went up like 12% where as cqm only went up like 7.5%. i think theres definitely more room for cqm to go up, but in this market, who knows.
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02-09-2010, 09:30 PM
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#2196 | | My homepage has been set to RS
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Originally Posted by leilomo yep, thanks to your making us aware...did some dd and picked up some at $1.00.
saw the news release today; one thing i don't really understand is how junex (cqm's 50% partner) went up like 12% where as cqm only went up like 7.5%. i think theres definitely more room for cqm to go up, but in this market, who knows. | Don't quote me on this, but JNX also owns quite a bit of land on similar grounds as the Nicolet permit that was assessed at just over 8 TCF of nat gas.
Not to mention, JNX has a lot of working capital and shares of both PEA-V and GMR-V. So it isn't surprising to me that JNX moved up more, being that they have more upside potential than CQM.
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The potential that CQM has is significant, Questerre's report had a best estimate of about 4 ish TCF, but don't benchmark QEC to CQM, QEC has other projects in the works.
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02-10-2010, 01:20 AM
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#2197 | | RS controls my life!
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what does everyone think about air canada?
i'm extremely new at this, and is looking to invest! pointers anyone?
i JUST started with the simulation program on investopedia.
and i read through the tutorials.
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02-10-2010, 09:30 PM
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#2198 | | My homepage has been set to RS
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Originally Posted by gnat. what does everyone think about air canada?
i'm extremely new at this, and is looking to invest! pointers anyone?
i JUST started with the simulation program on investopedia.
and i read through the tutorials. | +1
In for more info on this.
Anyone can me it easier for me how to read the graphs and how to understand the figures?
I tried looking at them but they just give me headaches  | |
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02-16-2010, 12:04 AM
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#2199 | | My dinner reheated before my turbo spooled
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^depends
you'll read and analyze graphs differently depending on whether you want to 'trade' or 'invest'.. it's relative to how you want to approach the market...
'trading' is more short term and comes down to looking at chart patterns, and technical indicators like stocastics RSI's and MACD's... it can somtimes come down to intraday chart reading which most day traders have to deal with...at that point you'll probably rely very heavily on volume and spreads...
'investing' is much more long term... you'll be reading company financial statements a lot... income statements and balance sheets... paying attention to a lot of earnings reports and quarterly forecasts... dividend yields.. P/E ratios .. EPS.. seeing how much debt a company holds... blah blah blah... you gotta really dig... and pay attention to changes in the company...
i was recommended a book awhile back that i think is worth looking at if you want a decent base for investing.
it's called "warren buffet and the interpretation of financial statements"
yah investopedia is a great way of learning... but if you really wanna understand financial statements... i recommend taking a few accounting courses... even level 1 and 2 accounting courses could teach you some pretty decent pointers...
anyways.. good luck..
fortune favors the brave.
happy hunting.
__________________ Quote:
If we are not able to ask skeptical questions, to interrogate those who tell us that something is true; to be skeptical of those in authority, then we're up for grabs..
-Carl Sagan
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02-16-2010, 04:01 AM
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#2200 | | RS.net, where our google ads make absolutely no sense!
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Where is a good place to start for a noob stock investor?
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