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i dunno i think this pandemic is going to lower the markets galore. Even though i think its a bit over rated none the less.

Keep an eye out for drug companies and stores.

3M
Novavax
shoppers drug mart


etc

all those are up except shoppers .. might be a good buy

NVAX is trash. I put in a token amount on pure speculation figuring on odds that were marginally better than blackjack, and it looks like I was right [about the odds - not about the decision].

Don't trade on hype, folks. Once it hits the news, you're already too late to buy in. I went against my better judgment once and will not do it again.

GMR and PCX turned out to be huge wins. Now check out Eagle Rock, which got blasted down 40% due to their absurd dividend cut, and Penn Virginia Resources, which had no reason at all to drop like it did and is already creeping back up. Time to see if my luck holds out.

nvax is trash right now.. might be a good growth stock when they complete the vaccine in june.. Looks like everyone is trying to dump it. It was a pump and dump stock speculation sent it up near 4 dollars and now the hype is gone its down to 2.

Oh well bad assumption

Its funny to see the comments of people trying to pump up the stock again.

GMR and PCX posted good Q1's sending their stock up.

Eagle rock also dropped because analysts overpredicted q1 earnings by 17 million (which is significant).

I am also tracking virginia resourses lets see what they'll do.

Holding on to RIM for now. I expect it to drop by the end of the day a bit but perhaps open high on monday if we have good news for the weekend.

quote:

Originally posted by DigiNut Immelt GE's been my worst investment so far, and I thought it was a no-brainer. I'm giving those clowns one more week to prove that they can do something other than suck.

LOL@clowns!

While I'm no expert, based on what I've learned so far I would say that GE is more of a long term investment, so I wouldn't expect to be making big bucks off their stocks in less than a year. Depending how much you have invested in them, I would just wait it out. If you bought them back in late February for 6.66 then you're already making double your money and it's only a matter of time before those shares climb back to the mid-to-high 30's.

Anyways, here's some companies that have been on my radar the past 2 weeks:

"Penny Stocks"
Timminco Limited (TSE:TIM)
July 08 price: 33.92; present price: 1.92. Solar energy is only going to get more popular so these guys might be a good investment

Denison Mines Corp (TSEML)
Just bought out Northern Continental. They're clearly expanding so it's only a matter of time before the money starts flowing in.

Avalon Rare Metals Inc (TSE:AVL)
Permits were recently extended and they made some significant discoveries at one of their mines.

Spansion Inc (NASDAQ:SPS)
They're a semiconductor developer. Rumours are flying around that they might get bought out soon.

And here are some companies that I think are gonna be making huge money in the future:

salesforce.com (NYSE:CRM)
-This company has barely any debt but a very decent income and they're constantly expanding. Their low point was in October 08 for 22 dollars and a few months before that they were at 70+. Since October they've been rising to above 40 now and they'll keep getting bigger. I think they'll easily smash their all-time high once the economy gets a little stronger and "cloud computing" becomes more and more popular. I might be talking out of my ass, but I really think this stock will go well into the $100's one day)

VMware Inc (NYSE: VMS)
-Their stock dropped thanks to some management issues that have since been resolved. Then the economy went to the shitter and their stock still hasn't fully recovered. By years end they should be floating around $45 again.

Interpublic Group of Companies Inc
-This might be a good investment since they're standing fairly low. Once manufacturers start putting more money towards marketing and advertising I think these guys will grow again. The advertising industry isn't going anywhere.

quote:

Originally posted by infinity HiGH "Penny Stocks" Timminco Limited (TSE:TIM) (July 08 price: 33.92; present price: 1.92. Solar energy is only going to get more popular so these guys might be a good investment)

There is good reason for the discount - look into this!

quote:

Originally posted by Skipper There is good reason for the discount - look into this!

Are you talking about the issues raised about their silicon purifucation techniques?

quote:

Originally posted by infinity HiGH Are you talking about the issues raised about their silicon purifucation techniques?

I honestly can't comment further on it...if you've looked at it beyond just seeing that it's been beat up, that's mostly what I'm getting at. There are good reasons why investors have been dumping it.

quote:

Originally posted by Skipper I honestly can't comment further on it...if you've looked at it beyond just seeing that it's been beat up, that's mostly what I'm getting at. There are good reasons why investors have been dumping it.

I haven't looked that deep. I'm still in the learning phase so if you have any suggestions as to why investors are dumping it then I'm all ears.

I believe there was quite a bit of commentary/outlook provided in their recent earnings release...

The term "penny stock" doesn't carry the same meaning it used to - there are a lot of stocks that deserve to be penny stocks! You can decide whether TIM is one of them. I'm sure there's also a lot of commentary on investment blogs and the like as well.

quote:

Originally posted by infinity HiGH While I'm no expert, based on what I've learned so far I would say that GE is more of a long term investment, so I wouldn't expect to be making big bucks off their stocks in less than a year. Depending how much you have invested in them, I would just wait it out. If you bought them back in late February for 6.66 then you're already making double your money and it's only a matter of time before those shares climb back to the mid-to-high 30's.

I think you mean the first week of March, when almost every stock on Earth was at least 50% lower than its present-day price.

GE has consistently performed worse than the index. That doesn't mean they're a terrible buy, just that there are better ones. I dumped them a while ago. Patriot Coal went from $4 to $8 in a week and General Maritime went from $8 to $11 - that is good performance. And these are good, profitable companies, not hyped-up fad stocks like NVAX.

Hell, I think you could flip DXO or HOU 20 times before GE makes it back up to high $30s. Watch, they'll be down again on Monday or Tuesday, ready for another week of nearly-risk-free returns.

GE and day trading do not belong in the same sentence, let alone the same thread.

quote:

Originally posted by DigiNut I think you mean the first week of March, when almost every stock on Earth was at least 50% lower than its present-day price. GE has consistently performed worse than the index. That doesn't mean they're a terrible buy, just that there are better ones. I dumped them a while ago. Patriot Coal went from $4 to $8 in a week and General Maritime went from $8 to $11 - that is good performance. And these are good, profitable companies, not hyped-up fad stocks like NVAX. Hell, I think you could flip DXO or HOU 20 times before GE makes it back up to high $30s. Watch, they'll be down again on Monday or Tuesday, ready for another week of nearly-risk-free returns.

stop rubbing it in with the novavax


don't worry i'll dig up a good stock to track

"in a bull market, everyone's a genius"

quote:

Originally posted by Dr. Z "in a bull market, everyone's a genius"

i dunno man. i don't really consider this a bull market yet. we are still in recession.

quote:

Originally posted by Skipper GE and day trading do not belong in the same sentence, let alone the same thread.

Lol, of course you are right - I think this has ended up being about short-term trades in general.

quote:

Originally posted by Nrg2Nfinit stop rubbing it in with the novavax

Haha, I bet you could still make some money shorting them. I'm just waiting for it to sink below $1 again so I can exercise my puts. I'd give it about one week, maybe less depending on how quickly the swine flu hype dies down.

And there's still lots of room for bear traders in this market. Financials are still on shaky ground. FAZ made an end-of-day run-up every day last week; a day-trader with nothing better to do could have picked up $250 a day with a $10,000 principal. I'm not one of those people of course - don't think I could stomach having that much money in such an unreliable "stock".

quote:

Originally posted by DigiNut Lol, of course you are right - I think this has ended up being about short-term trades in general. [FONT=Tahoma][COLOR=#99CCEE]Haha, I bet you could still make some money shorting them. I'm just waiting for it to sink below $1 again so I can exercise my puts. I'd give it about one week, maybe less depending on how quickly the swine flu hype dies down.

you're probably right. last time i was checking them on friday there were around 200 bids to 5 asks. Everyone is trying to dump them.

quote:

Originally posted by simms327 also have been enjoying YLO.un with a 20% avg yield.

Not today you're not

Gotta love these last couple days