quote:
Originally posted by VinT:
Was that the bottom or just a dead cat bounce? Big Grin


i actually got 4 hours of sleep

sold off the morning highs

got lucky (tho not that lucky, lost a few thanks to merrill edge not letting me log in) and picked up disney in the afternoon then went back to sleep.

i'm going to sell first thing tomorrow morning =)

#cashisking
I don't think we are there with sentiment yet. Market is still Goldilocks. Sentiment is still bullish but some worry building. Irrational exuberance is nigh however. That said, I think being in cash now isn't a bad thing. If you have to wait 2-6 months for the popping bubble.
quote:
Originally posted by g-man:
quote:
Originally posted by bfw:

VLE new 52 week high in this horrific tape Smile

Bfw


heh,

I know literally 0 about canadian stocks and wouldnt even know where to begin looking into anything related to fundamental analysis on these small cap no news but go up 5% stocks =)

but if you got any more tips, let me know Cool


Well, VLE released the resource estimate last night.

Price targets have been moved close to $10 Canadian.

Between, you and me...this sells for no less than $20 and if not bought this year has a chance for $50-79 per share Smile

Bfw
quote:
Originally posted by mangiare:
quote:
Originally posted by bfw:
Between, you and me...
Bfw


love this kind of advice regarding stocks that are up %4-500 in the past month


Perhaps you should read back in the thread and realize I have been long the stock since 38 cents!

Bfw
quote:
Originally posted by bfw:
quote:
Originally posted by g-man:
quote:
Originally posted by bfw:

VLE new 52 week high in this horrific tape Smile

Bfw


heh,

I know literally 0 about canadian stocks and wouldnt even know where to begin looking into anything related to fundamental analysis on these small cap no news but go up 5% stocks =)

but if you got any more tips, let me know Cool


Well, VLE released the resource estimate last night.

Price targets have been moved close to $10 Canadian.

Between, you and me...this sells for no less than $20 and if not bought this year has a chance for $50-79 per share Smile

Bfw


Thanks Bfw...I was in 50% ago. I’ll continue holding.
quote:
Originally posted by WineTrooper:
What are the land holdings for VLE in Turkey? They must have bought up/leased tons of it for your valuation to be considered sane?


Also I note that VLE's unrisked (proven?)estimate of their gas there is over 10 Tcf, with an additional 5 Tcf risked (unproven?).

Pretty impressive because the nat gas production in the entire U.S. in the year 2014 was 13.5 Tcf. Add to this that Turkey has enormous shortages and therefore the price is multiples higher than in the U.S., and I'm a believer in your forecasts.
quote:
Originally posted by WineTrooper:
quote:
Originally posted by WineTrooper:
What are the land holdings for VLE in Turkey? They must have bought up/leased tons of it for your valuation to be considered sane?


Also I note that VLE's unrisked (proven?)estimate of their gas there is over 10 Tcf, with an additional 5 Tcf risked (unproven?).

Pretty impressive because the nat gas production in the entire U.S. in the year 2014 was 13.5 Tcf. Add to this that Turkey has enormous shortages and therefore the price is multiples higher than in the U.S., and I'm a believer in your forecasts.


http://hydracapital.ca/hydra-blog.html

If you own, you should read all of his blogs on the stock. He is the one who introduced to the name and is more knowledgeable than most of the analysts out there.

Big spike and sell off late. They may announce a financing sooner than later.

Bfw
quote:
Originally posted by WineTrooper:
If you read the background it definitely sounds too good to be true. If it was that good it would already be $20 a share.


I guess that is why Statoil, the 11th biggest publicly traded oil company in the world, has decided to ante up for another well and advance the drilling further in Q3.

There’s clearly risk but “too good to be true” seems intellectually lazy to me.

Anyway, good luck to all in this very choppy market.

Bfw
quote:
Originally posted by bfw:
quote:
Originally posted by WineTrooper:
If you read the background it definitely sounds too good to be true. If it was that good it would already be $20 a share.


I guess that is why Statoil, the 11th biggest publicly traded oil company in the world, has decided to ante up for another well and advance the drilling further in Q3.

There’s clearly risk but “too good to be true” seems intellectually lazy to me.

Anyway, good luck to all in this very choppy market.

Bfw


That’s why I bought a little more Bfw. I’m pretty wary of things that seem pie in the sky though....because I’ve played in the small biotech space which is full of shysters and con-men. I’m sure they have played games in small oil patches since they found black stuff oozing out of the ground too.
quote:
Originally posted by WineTrooper:
quote:
Originally posted by g-man:
oh and nvda


Great. If I would have bought it back at 220, it would have reported -11% growth and dropped 40. But no.

Oh well. Maybe it will dip with the market more like AMZN has been doing.


i think you're missing something =)

242.77 +25.25 (11.61%)
After hours: 5:04PM EST
quote:
Originally posted by g-man:
just like how how oil is going to reach 80$?

reading and blindly believing goldman feels intellectually lazy to me =)


Easy there Smile

Perhaps we should discuss the NKTR that you were crowing about lol! $93 to $73 in a few short days. While VLE is up over 10%...hmmm.

I am not directly long oil as I mentioned. I am long some oil equities. They are
mostly down in the correction with everything else. I believe you will see some sector rotation once the S&P and Nasdaq finish their correction. That remains to be seen...

As for Goldman, I am always wary of their calls...I’ve been investing for a long time...but I do fundamental research on the oil markets and I believe you will see them tighter by the end of the year.

Bfw
quote:
Originally posted by bfw:
quote:
Originally posted by g-man:
just like how how oil is going to reach 80$?

reading and blindly believing goldman feels intellectually lazy to me =)


Easy there Smile

Perhaps we should discuss the NKTR that you were crowing about lol! $93 to $73 in a few short days. While VLE is up over 10%...hmmm.

I am not directly long oil as I mentioned. I am long some oil equities. They are
mostly down in the correction with everything else. I believe you will see some sector rotation once the S&P and Nasdaq finish their correction. That remains to be seen...

As for Goldman, I am always wary of their calls...I’ve been investing for a long time...but I do fundamental research on the oil markets and I believe you will see them tighter by the end of the year.

Bfw


oh i've been selling every single gain/pop i've got this week. so NKTR was stilla great trade since winetrooper suggested it at 72$ and that was a nice 1 week 10% pick up.

I have 0 reason to trust any rally.

but i refuse to go outright short as i dont trust the downside either.

my goal is to try and close out all positions i enter in the day and exit them first thing in the morning.

anyhow i just found the goldman research amusing. They were harping on tuesday to go fully back in and buy all dips.

my big loser this week, unforutnately is BAC. I was rotating some stuff into financials because i'm hoping raising rates will boost bank profits and dividends in the long run. unfortunately, rotated in too soon. very sad.
quote:
Originally posted by g-man:
quote:
Originally posted by bfw:
quote:
Originally posted by g-man:
just like how how oil is going to reach 80$?

reading and blindly believing goldman feels intellectually lazy to me =)


Easy there Smile

Perhaps we should discuss the NKTR that you were crowing about lol! $93 to $73 in a few short days. While VLE is up over 10%...hmmm.

I am not directly long oil as I mentioned. I am long some oil equities. They are
mostly down in the correction with everything else. I believe you will see some sector rotation once the S&P and Nasdaq finish their correction. That remains to be seen...

As for Goldman, I am always wary of their calls...I’ve been investing for a long time...but I do fundamental research on the oil markets and I believe you will see them tighter by the end of the year.

Bfw


oh i've been selling every single gain/pop i've got this week. so NKTR was stilla great trade since winetrooper suggested it at 72$ and that was a nice 1 week 10% pick up.

I have 0 reason to trust any rally.

but i refuse to go outright short as i dont trust the downside either.

my goal is to try and close out all positions i enter in the day and exit them first thing in the morning.

anyhow i just found the goldman research amusing. They were harping on tuesday to go fully back in and buy all dips.

my big loser this week, unforutnately is BAC. I was rotating some stuff into financials because i'm hoping raising rates will boost bank profits and dividends in the long run. unfortunately, rotated in too soon. very sad.


NKTR is a very long hold for me. So is SGEN.

As for everything else, I’ve closed out most of it. I am now convinced we see another 10% correction/stagnation for a quarter before rising up. I can’t help but think that the end of the low interest rate party could get messy. That might in itself be the Black Swan, even though it seems “normal” and “expected.”

Opportunity will knock soon enough.

I am however curious about emerging markets and commodities for Bfw’s sector rotation. And yes g-man, the banks....how do they not win?
quote:
Originally posted by WineTrooper:
quote:
Originally posted by g-man:
quote:
Originally posted by bfw:
quote:
Originally posted by g-man:
just like how how oil is going to reach 80$?

reading and blindly believing goldman feels intellectually lazy to me =)


Easy there Smile

Perhaps we should discuss the NKTR that you were crowing about lol! $93 to $73 in a few short days. While VLE is up over 10%...hmmm.

I am not directly long oil as I mentioned. I am long some oil equities. They are
mostly down in the correction with everything else. I believe you will see some sector rotation once the S&P and Nasdaq finish their correction. That remains to be seen...

As for Goldman, I am always wary of their calls...I’ve been investing for a long time...but I do fundamental research on the oil markets and I believe you will see them tighter by the end of the year.

Bfw


oh i've been selling every single gain/pop i've got this week. so NKTR was stilla great trade since winetrooper suggested it at 72$ and that was a nice 1 week 10% pick up.

I have 0 reason to trust any rally.

but i refuse to go outright short as i dont trust the downside either.

my goal is to try and close out all positions i enter in the day and exit them first thing in the morning.

anyhow i just found the goldman research amusing. They were harping on tuesday to go fully back in and buy all dips.

my big loser this week, unforutnately is BAC. I was rotating some stuff into financials because i'm hoping raising rates will boost bank profits and dividends in the long run. unfortunately, rotated in too soon. very sad.


NKTR is a very long hold for me. So is SGEN.

As for everything else, I’ve closed out most of it. I am now convinced we see another 10% correction/stagnation for a quarter before rising up. I can’t help but think that the end of the low interest rate party could get messy. That might in itself be the Black Swan, even though it seems “normal” and “expected.”

Opportunity will knock soon enough.

I am however curious about emerging markets and commodities for Bfw’s sector rotation. And yes g-man, the banks....how do they not win?


Yes, I think we could see another 10% down in US markets as well.

I also don’t touch long term holdings.

As for sector rotation, the key will be keeping an eye on which sectors come off the bottom (whenever it arrives) better. I think another key will be to see the US dollar index fall.


Interesting times indeed....

Bfw
quote:
Originally posted by bfw:
quote:
Originally posted by WineTrooper:
quote:
Originally posted by g-man:
quote:
Originally posted by bfw:
quote:
Originally posted by g-man:
just like how how oil is going to reach 80$?

reading and blindly believing goldman feels intellectually lazy to me =)


Easy there Smile

Perhaps we should discuss the NKTR that you were crowing about lol! $93 to $73 in a few short days. While VLE is up over 10%...hmmm.

I am not directly long oil as I mentioned. I am long some oil equities. They are
mostly down in the correction with everything else. I believe you will see some sector rotation once the S&P and Nasdaq finish their correction. That remains to be seen...

As for Goldman, I am always wary of their calls...I’ve been investing for a long time...but I do fundamental research on the oil markets and I believe you will see them tighter by the end of the year.

Bfw


oh i've been selling every single gain/pop i've got this week. so NKTR was stilla great trade since winetrooper suggested it at 72$ and that was a nice 1 week 10% pick up.

I have 0 reason to trust any rally.

but i refuse to go outright short as i dont trust the downside either.

my goal is to try and close out all positions i enter in the day and exit them first thing in the morning.

anyhow i just found the goldman research amusing. They were harping on tuesday to go fully back in and buy all dips.

my big loser this week, unforutnately is BAC. I was rotating some stuff into financials because i'm hoping raising rates will boost bank profits and dividends in the long run. unfortunately, rotated in too soon. very sad.


NKTR is a very long hold for me. So is SGEN.

As for everything else, I’ve closed out most of it. I am now convinced we see another 10% correction/stagnation for a quarter before rising up. I can’t help but think that the end of the low interest rate party could get messy. That might in itself be the Black Swan, even though it seems “normal” and “expected.”

Opportunity will knock soon enough.

I am however curious about emerging markets and commodities for Bfw’s sector rotation. And yes g-man, the banks....how do they not win?


Yes, I think we could see another 10% down in US markets as well.

I also don’t touch long term holdings.


As for sector rotation, the key will be keeping an eye on which sectors come off the bottom (whenever it arrives) better. I think another key will be to see the US dollar index fall.


Interesting times indeed....

Bfw


Yep...I'll keep increasing my position in VOO. Stay the course, gents.

If VNQ (REIT ETF) increases their industrial & multifamily shares (especially PLD), I'm long there too.
quote:
Originally posted by g-man:
quote:
Originally posted by Shane T.:


Yep...I'll keep increasing my position in VOO. Stay the course, gents.

If VNQ (REIT ETF) increases their industrial & multifamily shares (especially PLD), I'm long there too.


lol you talking to jack??


Come at me, bro! Lol!!!

If I'm down on VOO by Tahoma 4.0, the Krug is on me. Wanna take that bet?

That is, if VOO is below today's close ($236.79)...
quote:
Originally posted by Shane T.:
quote:
Originally posted by g-man:
quote:
Originally posted by Shane T.:


Yep...I'll keep increasing my position in VOO. Stay the course, gents.

If VNQ (REIT ETF) increases their industrial & multifamily shares (especially PLD), I'm long there too.


lol you talking to jack??


Come at me, bro! Lol!!!

If I'm down on VOO by Tahoma 4.0, the Krug is on me. Wanna take that bet?

That is, if VOO is below today's close ($236.79)...


it's not about being up

but by how much, even more so as we get older ;-)
quote:
Originally posted by g-man:
quote:
Originally posted by Shane T.:
quote:
Originally posted by g-man:
quote:
Originally posted by Shane T.:


Yep...I'll keep increasing my position in VOO. Stay the course, gents.

If VNQ (REIT ETF) increases their industrial & multifamily shares (especially PLD), I'm long there too.


lol you talking to jack??


Come at me, bro! Lol!!!

If I'm down on VOO by Tahoma 4.0, the Krug is on me. Wanna take that bet?

That is, if VOO is below today's close ($236.79)...


it's not about being up

but by how much, even more so as we get older ;-)


And...that's what she said.

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