Stocks to watch
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AreWeThereYet
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broke'n'nuts
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https://www.globenewswire.com/news-...n-a-Transaction-Valued-at-C-13-5-Billion.html
This was one of the stocks I got into when I started this thread. I bought at 20 ish, it had a takeover action, went up to mid-high 20’s briefly....then COVID hit, dividend cut and tanked. Bought a bit on the low side, not as much as I should have obviously as the takeover bid came in again today, up almost 30% on the day. I’m still at a loss of 15% as of this afternoon, but way better than what it was 3 months ago. Original take over bid was 26/share, today 16/share. It’s been interesting to watch, and been at reading from the rest of you guys experiences!
This was one of the stocks I got into when I started this thread. I bought at 20 ish, it had a takeover action, went up to mid-high 20’s briefly....then COVID hit, dividend cut and tanked. Bought a bit on the low side, not as much as I should have obviously as the takeover bid came in again today, up almost 30% on the day. I’m still at a loss of 15% as of this afternoon, but way better than what it was 3 months ago. Original take over bid was 26/share, today 16/share. It’s been interesting to watch, and been at reading from the rest of you guys experiences!
ippielb
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What brought you to find these? Are you using an app or did you just spend your time on the internet researching? New to gambling money away
rsmorin1
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I had the same question, I did some research & decided to go in on the AVCR - transferred the money into the trading account & by the time I put in the order it went up substantially. So I missed out by a few hours. it ran up 3 x & has since dropped. I always seem to be behind by the time I decide to commit.
ippielb
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TSF and IZO are two I have invested in from my buddies advice. Bought in at $1.00 for TSF and $1.25 for IZO I don’t know what I’m doing but if he’s in it he’s not trying to lose money.
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broke'n'nuts
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I wouldn’t necessarily say gambling money away. The one thing I’ve learned is no one is going to look after your money better than you. Banks and financial advisers ALL have a play that makes them money using your money. The information is out there it’s all how you approach it. Some guys love the penny stocks, myself I’m a blue chip/ dividend investor, I like to be payed for using my money. You’ve already hit step one which is the want to know. I started by reading things like “rich dad poor dad” , or the “lazy investor” by Derrick foster. Also the magazine “Canadian Moneysaver” has been a good eye opener, wide variety of topics covered from an actual Canadian perspective for the most part. “The intelligent investor” by Benjamin Graham is a little dry but has good information. Watch BNN on tv and listen to the guest speakers, Google what you don’t understand. There is no easy, or right way, but the way that works for you. Main thing is don’t use what you can’t afford to lose, cause **** does happen. I’m not rich by any means, but I’ve done waaaay better than what the banks have ever done for me. You didn’t just hop on a sled and were a pro...you had to ride, practice and get better. It’s the same with money
ippielb
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I wouldn’t necessarily say gambling money away. The one thing I’ve learned is no one is going to look after your money better than you. Banks and financial advisers ALL have a play that makes them money using your money. The information is out there it’s all how you approach it. Some guys love the penny stocks, myself I’m a blue chip/ dividend investor, I like to be payed for using my money. You’ve already hit step one which is the want to know. I started by reading things like “rich dad poor dad” , or the “lazy investor” by Derrick foster. Also the magazine “Canadian Moneysaver” has been a good eye opener, wide variety of topics covered from an actual Canadian perspective for the most part. “The intelligent investor” by Benjamin Graham is a little dry but has good information. Watch BNN on tv and listen to the guest speakers, Google what you don’t understand. There is no easy, or right way, but the way that works for you. Main thing is don’t use what you can’t afford to lose, cause **** does happen. I’m not rich by any means, but I’ve done waaaay better than what the banks have ever done for me. You didn’t just hop on a sled and were a pro...you had to ride, practice and get better. It’s the same with money
I did hop on a sled and destroy my pinkie finger and got 8 screws and a plate in it so off work for a bit so looking to diversify an income. I was an idiot and put money into GME and lost it all basically, but I didn’t put too much in it. Down 80% still sucks though lol. Got greedy, could’ve made 25%+ but the hype got me.
I’ll look up your suggestions thank you.
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broke'n'nuts
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That’s what is neat about this thread is seeing all the different ways guys approach it. I’ve never been into penny stocks but there is money to be made....and lose. I’m a buy and hold type of guy, banks, pipelines, oil companies etc. I usually lose money on buys made that are outside my plan. I’m down 40% on BBD because I thought it may jump when they announced the sale of train division....oops, same with ygr, down 40%, but it’s climbing back up slowly. There is lots of “dam I should have bought then” moments, but there is others that I’m glad I didn’t. I use a watch list on the BNN app to keep an eye on most of my stocks, plus I add in ones I’m curious about to see how they do. One of best advises I’ve read is don’t buy it if you don’t understand it, cheers
ippielb
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That’s what is neat about this thread is seeing all the different ways guys approach it. I’ve never been into penny stocks but there is money to be made....and lose. I’m a buy and hold type of guy, banks, pipelines, oil companies etc. I usually lose money on buys made that are outside my plan. I’m down 40% on BBD because I thought it may jump when they announced the sale of train division....oops, same with ygr, down 40%, but it’s climbing back up slowly. There is lots of “dam I should have bought then” moments, but there is others that I’m glad I didn’t. I use a watch list on the BNN app to keep an eye on most of my stocks, plus I add in ones I’m curious about to see how they do. One of best advises I’ve read is don’t buy it if you don’t understand it, cheers
Reading this thread I made a comment to my friends back in January about AVCR, and that was well before the big rise. That was one of those damn I should have bought then. It’s 3 times the worth now.
Guess it would help if I could read. Lol
ABMax24
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I think the key thing to remember is the stock market is a zero sum game (ignoring dividends). Money is not "made" on the markets, only shifted around, all any investor is trying to do is purchase a share today in the hopes someone else wants it more tomorrow and is willing to pay more than they did. Which works fine as long as new money and new investors are entering the market, which is required for continual growth, but sooner or later, for whatever reason, money is pulled out of the market and new investment slows, and someone is stuck holding the bag and no-one wants it. It's not a question of if this current upward trend ends, but a question of when, just don't be the guy holding the bag when it does.
teamdirt
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Stock picks called/ Rough Gains Since April
Doo.t up 400%
vff.t up 700%
yss up 100%
meg up 160%
solo up 150%
Happy investing to everyone!
ABmax is right- especially penny stocks. Promoters and market manipulaters just take your money. Best to invest in something blue chip
Doo.t up 400%
vff.t up 700%
yss up 100%
meg up 160%
solo up 150%
Happy investing to everyone!
ABmax is right- especially penny stocks. Promoters and market manipulaters just take your money. Best to invest in something blue chip
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bjd68
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If u want to learn about money, markets our economy just listen to Micheal Campbell, Peter Schiff, George Gammon, Steve Saretsky, Kitco news, Cambridge house just to name a few.
catalac
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tough for me to get too excited about the oil gas stocks as much as should, still see the high on my ex crescent point cpg shares at $48 then Trudeau showed up they went to 0.75 now back to $4. Have be a pretty Savy trader to have made that work.
anyone buy Dogecoin after Musk pumped it a bit?
ippielb
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I was on Reddit and reading about doge before Elon talked it up. When it was well below $0.05. I’m not sure how to buy it though. It’s a currency and not a stock right? So it’s not listed in the TD stocks. Either way it was another one of those “damn I should’ve bought that” moments.
A lot of people got caught up in the GME pump and dump, so don't feel alone. Kinda like the weed stocks again a couple days ago. Greed can get the best of anybody. There is always that what if factor. Also, for risky plays setting a Stop/Loss is your greatest friend.
catalac
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had this fleeting thought buy $1000 at 10 cents it goes to Bitcoin territory at $50000, I make 500,000,000, lol.
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Bogger
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I'm still waiting to hear back from RBC about setting stop losses for my big green stocks. There is a place on the RBC order form to put in a stop order but it's greyed out and won't let me put anything in there. I'm getting frustrated with RBC, for a company the profited $3.25B in 2020 the least they could do is have enough advisors that one does not have to sit on hold for 3 hours just to speak to a representative.
There is 128 billion doge coins in circulation and it can inflate to infinity, kind of like the Canadian currency.
There will only every be 21 million bitcoin. even if you think bitcoin is crap, that is one of the features I like about it.
There will only every be 21 million bitcoin. even if you think bitcoin is crap, that is one of the features I like about it.
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