quote:
Originally posted by wine+art:
GE cuts their dividend ( by half) for only the second time since the Great Depression.

The days of GE, IBM and other gold standards are simply no more.


I've been holding some GE stock for more than a decade. It's well below what I paid for it. Frown
Have any of you jumped into BTC or ETH yet? I set up a Coinbase account but was a bit put off by the transaction fees. Was planning on buying 2 BTC @ 5k and selling one once it doubled. While waiting for a pullback to my target it never came and now it’s nearly doubled. (Never mind I had set up a wallet 7 years ago but never bought any *facepalm*).

It’s clearly a mania now. But there’s still the potential for some gambling profit. If I do I’ll stick with the same plan, cover the initial outlay ASAP then letting it ride until the mortgage is paid.
quote:
Originally posted by bfw:
VLE.to - Valeura Energy
PNWRF in US

A spec play of mine that is on the cusp of proving up a huge gas find in energy needy Turkey.

Tripled last week Smile but has a lot more room to run if the flow results continue to impress.

Bfw

bfw, good for you getting in early, but FWIW, it looks to me like a classic pump n' dump.
quote:
Originally posted by VinT:
quote:
Originally posted by bfw:
VLE.to - Valeura Energy
PNWRF in US

A spec play of mine that is on the cusp of proving up a huge gas find in energy needy Turkey.

Tripled last week Smile but has a lot more room to run if the flow results continue to impress.

Bfw

bfw, good for you getting in early, but FWIW, it looks to me like a classic pump n' dump.


insert any wildcat energy company.
quote:
Originally posted by indybob:
quote:
Originally posted by finz:
Have any of you jumped into BTC yet?


Nnnnnope. Way too risky for my bones. Fake money that governments have no use for and can't collect taxes from? No thanks.

Good luck if you've picked some up.


I don't get it and why people are buying it. Seems like pure speculation with a likely popping of a bubble, like investing in tulips.
Bitcoin futures start trading on the CBOE at 6PM ET tonight. I think a lot of the run up in the last week is tied to this as a sign of investment legitimacy. You can now trade without actually having a digital wallet. On the flip side, it opens up the ability to bet on downward moves. Some believe the latter will destroy the price. We'll see. Currently at $15,115 as I type this. Many brokers are not allowing retail trades at all or no short positions and 50% margins.
quote:
Originally posted by vinole:
Bitcoin futures start trading on the CBOE at 6PM ET tonight. I think a lot of the run up in the last week is tied to this as a sign of investment legitimacy. You can now trade without actually having a digital wallet. On the flip side, it opens up the ability to bet on downward moves. Some believe the latter will destroy the price. We'll see. Currently at $15,115 as I type this. Many brokers are not allowing retail trades at all or no short positions and 50% margins.


as you can't "borrow" a bit coin,

by definition, all bit coin contracts will technically be "naked shorts" which is a big SEC nono.

Brokers will be very hestitant to hold bitcoins in their own pockets to cover borrowing and shorts for their clients.

as such, you probably need to be an accredited investor to trade bit coin on the CBOE and then find a broker to do the trade with.
quote:
Originally posted by g-man:
quote:
Originally posted by vinole:
Bitcoin futures start trading on the CBOE at 6PM ET tonight. I think a lot of the run up in the last week is tied to this as a sign of investment legitimacy. You can now trade without actually having a digital wallet. On the flip side, it opens up the ability to bet on downward moves. Some believe the latter will destroy the price. We'll see. Currently at $15,115 as I type this. Many brokers are not allowing retail trades at all or no short positions and 50% margins.


as you can't "borrow" a bit coin,

by definition, all bit coin contracts will technically be "naked shorts" which is a big SEC nono.

Brokers will be very hestitant to hold bitcoins in their own pockets to cover borrowing and shorts for their clients.

as such, you probably need to be an accredited investor to trade bit coin on the CBOE and then find a broker to do the trade with.


brain fart

cboe is futures.
quote:
Originally posted by spo:
quote:
Originally posted by g-man:
crypto currencies are the future!!!

everyone buy more!!

heh even more shocking is that folks dont know what the word "fork" means.


What do you like for buying/storing? GDAX?


how much money we talking about here? ;-)

gdax/kraken/bithumb are the big ones with the most liquidity.
quote:
Originally posted by g-man:


how much money we talking about here? ;-)

.


I just wanted to know where you were putting all those dogecoins Razz

To be honest I am just now starting to think about and look into this and may consider some money I could part with. I'll look at Kraken and Bithumb. Thanks.
quote:
Originally posted by spo:
quote:
Originally posted by g-man:


how much money we talking about here? ;-)

.


I just wanted to know where you were putting all those dogecoins Razz

To be honest I am just now starting to think about and look into this and may consider some money I could part with. I'll look at Kraken and Bithumb. Thanks.


fool and his gold =)

i dont think the retail player like me has enough money to really make it riskless.

also alot of these exchanges have max withdrawal limits.
quote:
Originally posted by g-man:
quote:
Originally posted by spo:
quote:
Originally posted by g-man:


how much money we talking about here? ;-)

.


I just wanted to know where you were putting all those dogecoins Razz

To be honest I am just now starting to think about and look into this and may consider some money I could part with. I'll look at Kraken and Bithumb. Thanks.


fool and his gold =)

i dont think the retail player like me has enough money to really make it riskless.

also alot of these exchanges have max withdrawal limits.


Mark Cuban was talking about putting 10% of income into cryptocurrencies but then he said whatever money you put into cryptocurrency you should think of it like you already lost it. Big Grin
quote:
Originally posted by VinT:
quote:
Originally posted by bfw:
VLE.to - Valeura Energy
PNWRF in US

A spec play of mine that is on the cusp of proving up a huge gas find in energy needy Turkey.

Tripled last week Smile but has a lot more room to run if the flow results continue to impress.

Bfw

bfw, good for you getting in early, but FWIW, it looks to me like a classic pump n' dump.


Why do you think that?

Experienced management partnered with a major oil corp (Statoil).

That sounds like the opposite of a pump and dump.

Anyway, more good news out of them this am and the stock continues to hit new highs!

Bfw
quote:
Originally posted by Italian Wino:
Canopy Growth hit a new high today in the mid US$18s. I am up 260% in 125 days. I think it will be above $30 before Canada legalizes in July 2018.

IW


Smile
I also invested in these guys a couple months back. Will probably reup again after the new year and before July.
quote:
Originally posted by bfw:
quote:
Originally posted by VinT:
quote:
Originally posted by bfw:
VLE.to - Valeura Energy
PNWRF in US

A spec play of mine that is on the cusp of proving up a huge gas find in energy needy Turkey.

Tripled last week Smile but has a lot more room to run if the flow results continue to impress.

Bfw

bfw, good for you getting in early, but FWIW, it looks to me like a classic pump n' dump.


Why do you think that?

Experienced management partnered with a major oil corp (Statoil).

That sounds like the opposite of a pump and dump.

Anyway, more good news out of them this am and the stock continues to hit new highs!

Bfw


It continues to print new highs.

I’m sitting on an 8 bagger (800% in a couple months) now with my first purchases at 40 cents.

I’ve added a few more these last 3 weeks as the well results derisked the play.

Looking for $7 by the end of January when everyone finds out how big the resource is (they promise to have the report out by then).

Bfw
quote:
Originally posted by bfw:
quote:
Originally posted by bfw:
quote:
Originally posted by VinT:
quote:
Originally posted by bfw:
VLE.to - Valeura Energy
PNWRF in US

A spec play of mine that is on the cusp of proving up a huge gas find in energy needy Turkey.

Tripled last week Smile but has a lot more room to run if the flow results continue to impress.

Bfw

bfw, good for you getting in early, but FWIW, it looks to me like a classic pump n' dump.


Why do you think that?

Experienced management partnered with a major oil corp (Statoil).

That sounds like the opposite of a pump and dump.

Anyway, more good news out of them this am and the stock continues to hit new highs!

Bfw


It continues to print new highs.

I’m sitting on an 8 bagger (800% in a couple months) now with my first purchases at 40 cents.

I’ve added a few more these last 3 weeks as the well results derisked the play.

Looking for $7 by the end of January when everyone finds out how big the resource is (they promise to have the report out by then).

Bfw


Well now over a 10 bagger this year alone.

Still think it has plenty left in the tank but there is bound to be some kind of pullback at some point.

Bfw
quote:
Originally posted by Italian Wino:
Canopy continues its trajectory. Now I am up 302% to US$21.13. Also up big on Aphria. 282% gain in 4 months.

IW


I got out of Canadian MJ stocks recently. I think they are getting overvalued.

I did buy some LDS.C though. It’s hitting new highs.

The California market for marijuana will be bigger than the whole Canadian market. LDS fits the bill as one company with permits in place to start serving it.

Bfw
quote:
Originally posted by sunnylea57:
Bejeebus! Canopy is up over 10% today alone. Now at just shy of $36 CAD.


A colleague inquired about shorting Canopy today.

There were no shares available to short! They had all been spoken for.

So...big short squeeze of late I imagine.

Bfw
Bought GPRO this morning after it dropped on big earnings miss, layoffs and discontinuation of drone business. Figured the arrogant majority owner was finally ready to admit defeat and put company up for sale. An hour later he announced company is up for sale. Better to be lucky than smartSmile

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