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Not to mention their market ios selling leads to Realtors who increasingly are learning they are extremely poor quality but are buying them out of fear that other agents will gain a bigger profile in the market. Right now real estate is super heated in most markets but as soon as things slow down the agents willingness to spend will also. Maybe a decent short momentum play but longer term I think they will have issues.
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Originally posted by g-man:
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Originally posted by VinT:
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Originally posted by Shane T.:
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Originally posted by VinT:
Equifax Wink


The Bigger Short...

To quote someone who's been reasonably successful at this stock market thing,

"Be greedy when others are fearful".


you're acutally going to go long equifax?

got in under $93.
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Originally posted by WineTrooper:
Why do you guys only give these brilliant recommendations to the rest of us after they go up 35%?

You could have at least shared CJ and WEED when they were worth $5 less per share. Smile


LOL...Weed has been on fire. I made 10 times my money on it the first time around but it has gone past that high now and I don’t ownFrown

As for CJ, I bought more the last few days. With oil at $57, they have a divvy that is fully sustainable and they can grow. In fact, the last time oil was this high, CJ was over $10 Canadian.

Other levered names in oil include BTE/CPG/CVE etc. If this is the dawn of a new bull, these have a long way to go!

A great tweet out there...

Energy Sector share of total mkt cap: 1/20/16 = 5.5%...Brent = $26. Energy Sector share of total mkt cap: today = 5.5%...Brent = $64.

Bfw
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Originally posted by Rob_Sutherland:
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Originally posted by Italian Wino:
My stake in Canadian weed company Canopy Growth just got a major surge in the arm with Fortune 500 company Constellation taking a 10% stake in the company. Stock is up 25+ percent in the last 2 days.

IW

Our Analyst just went from a $10.50/Buy target to a $13.00/Hold.


Looks like your analyst is wrong on this name and should just suspend coverage!

Bfw
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Originally posted by bfw:
LOL...Weed has been on fire. I made 10 times my money on it the first time around but it has gone past that high now and I don’t ownFrown

Bfw


July 29, 2016: $3.15 (chart starts here - IPO date?)
Nov. 2, 2017: $19.37 (new high - no pun intended)

How can you claim 10x return (now or any point in between)? Just looking at the 5 yr chart. What am I missing?
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Originally posted by KSC02:
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Originally posted by bfw:
LOL...Weed has been on fire. I made 10 times my money on it the first time around but it has gone past that high now and I don’t ownFrown

Bfw


July 29, 2016: $3.15 (chart starts here - IPO date?)
Nov. 2, 2017: $19.37 (new high - no pun intended)

How can you claim 10x return (now or any point in between)? Just looking at the 5 yr chart. What am I missing?


always buying weed (weed.to)
always buying AMZN - they appear to be unstoppable
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Originally posted by KSC02:
quote:
Originally posted by bfw:
LOL...Weed has been on fire. I made 10 times my money on it the first time around but it has gone past that high now and I don’t ownFrown

Bfw


July 29, 2016: $3.15 (chart starts here - IPO date?)
Nov. 2, 2017: $19.37 (new high - no pun intended)

How can you claim 10x return (now or any point in between)? Just looking at the 5 yr chart. What am I missing?


Plenty.

“Canopy first went public with an initial offering in 2010 and traded on TMX Group's junior Venture Exchange. The stock will transfer to the senior exchange and begin trading there on July 26, the company said.”

I bought Canopy way back at $1.50 when it was on the Venture exchange. I sold about a year ago just over $15.

Any more questions?

Bfw
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Originally posted by bates40:
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Originally posted by KSC02:
quote:
Originally posted by bfw:
LOL...Weed has been on fire. I made 10 times my money on it the first time around but it has gone past that high now and I don’t ownFrown

Bfw


July 29, 2016: $3.15 (chart starts here - IPO date?)
Nov. 2, 2017: $19.37 (new high - no pun intended)

How can you claim 10x return (now or any point in between)? Just looking at the 5 yr chart. What am I missing?


always buying weed (weed.to)
always buying AMZN - they appear to be unstoppable


These weed stocks continue to be nuts.

I bought an unknown weed stock HEMP.V a year or so ago. It did nothing but go down...all the way to 28 cents this year.

Suddenly over the last month or so, it starts getting bought up and hits $2.96 today!
Up over 100% today alone at one point.

Anyway, I sold 40% of my position today....I’ll let the rest continue in the bubble.

Bfw
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.
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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.
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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.
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Originally posted by indybob:
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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.
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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.
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Originally posted by g-man:
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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.
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Originally posted by spo:
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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.
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Originally posted by spo:
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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.
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Originally posted by g-man:
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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
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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 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
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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
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Originally posted by snipes:
quote:
Originally posted by Italian Wino:
Canopy at US$31 today.

IW


Crazy huh? Up 17% just today. Makes me wonder how crazy it will continue to get over the next six months if nothing changes with the legalization expectation.


one could argue, that if you were very keen on legalization taht the best bets would be the big boys like RJ Reynolds or Altria.

cuz once the sleeping giant comes around...
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Originally posted by g-man:
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Originally posted by snipes:
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Originally posted by Italian Wino:
Canopy at US$31 today.

IW


Crazy huh? Up 17% just today. Makes me wonder how crazy it will continue to get over the next six months if nothing changes with the legalization expectation.


one could argue, that if you were very keen on legalization taht the best bets would be the big boys like RJ Reynolds or Altria.

cuz once the sleeping giant comes around...


I agree with you g-man in a sense. When I saw Constellation brands purchase a 10% position in Canopy that's when I put my $ where my mouth is. No idea what RJ's Canadian tobacco plantations look like and whether they would retool, but American pot investment vs. Canadian are two different animals IMO and Sessions proved that again last week.
quote:
Originally posted by snipes:
quote:
Originally posted by g-man:
quote:
Originally posted by snipes:
quote:
Originally posted by Italian Wino:
Canopy at US$31 today.

IW


Crazy huh? Up 17% just today. Makes me wonder how crazy it will continue to get over the next six months if nothing changes with the legalization expectation.


one could argue, that if you were very keen on legalization taht the best bets would be the big boys like RJ Reynolds or Altria.

cuz once the sleeping giant comes around...


I agree with you g-man in a sense. When I saw Constellation brands purchase a 10% position in Canopy that's when I put my $ where my mouth is. No idea what RJ's Canadian tobacco plantations look like and whether they would retool, but American pot investment vs. Canadian are two different animals IMO and Sessions proved that again last week.


well there's also a matter of one country being 18x richer ;-)
Thanks for the tip on PNWRF. I did buy a smidge and it is starting to perk up again.

I’ve done fantastic the past two months on AMZN (which I plan to hold until the economy shows signs of turning over), BOTZ, and NVDA, as well as swing trading pot stocks as they gyrate with the uncertainty here.

Really wanted to go long on OIL etf after successfully swing trading it the past two years as it moved in a channel, but now it shows no sign of correcting and is up and to the right. For that reason, I’ve bought some under-loved shale plays that have fixed their balance sheets and pay good divvies. Favorite is TRGP.
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Originally posted by WineTrooper:
For any biotech people, SGEN and NKTR are ripe for long term holds. I know a guy who works in that space and he feels strongly that SGEN and NKTR are takeout ripened and could be doubles this year or next. Both have impressive products in circulation and some income along with good pipelines.


Yeah...PNWRF continue up Smile

I agree that both these biotechs look like doubles from here.

I’m playing in some smaller names looking for multi-baggers (with higher risk obviously).

Bfw
quote:
Originally posted by bfw:
quote:
Originally posted by WineTrooper:
For any biotech people, SGEN and NKTR are ripe for long term holds. I know a guy who works in that space and he feels strongly that SGEN and NKTR are takeout ripened and could be doubles this year or next. Both have impressive products in circulation and some income along with good pipelines.


Yeah...PNWRF continue up Smile

I agree that both these biotechs look like doubles from here.

I’m playing in some smaller names looking for multi-baggers (with higher risk obviously).

Bfw


Which small bios?
quote:
Originally posted by WineTrooper:
quote:
Originally posted by bfw:
quote:
Originally posted by WineTrooper:
For any biotech people, SGEN and NKTR are ripe for long term holds. I know a guy who works in that space and he feels strongly that SGEN and NKTR are takeout ripened and could be doubles this year or next. Both have impressive products in circulation and some income along with good pipelines.


Yeah...PNWRF continue up Smile

I agree that both these biotechs look like doubles from here.

I’m playing in some smaller names looking for multi-baggers (with higher risk obviously).

Bfw


Which small bios?


TH.to (THERF) - They have a parternship for a new HIV drug (Ibalizumab) that should be approved by the FDA shortly. I have peak earnings for them at over $2 in 2020. Note that I’ve held this one since 30 cents and am hopeful it takes on a trajectory like JAZZ.

Bti.v (BIOAF) - Riskier. They have technology to transport meds across the blood brain barrier. The company was previously mismanaged but now has a whole new management and board. They’ll need to raise capital but they’re priced like a cheap option at the moment anyway.

Bfw
Thanks...my friend did me a solid on NKTR one to the tune of $20/share and growing. I'm probably going to buy a little more SGEN too at these prices. They have a lot going on and a good drug at market.

Also very glad I went heavy on NVDA and AMZN this year. Just big time growth. I'm going to probably dump NVDA shortly though. Very high turbulence and a 15% gain isn't something to laugh at.

g-man: what do you think of the aging bull? Short of a black swan, how much "legs" are left in this OLD bull market?
i'm in a, take profit when i make a decent chunk, then sit on the side lines and let the world pass me by.

I was ~95-99% invested in stocks up until a month ago.

I'm down to ~60% in stocks unless there's an occasional stock that someone mentions and the #'s work out after looking into the co, in which case I'll move the cash I have sitting on the side lines into play for short term.

so nktr i'm out. Got in monday picked up those great gains monday and today. Out.

a majority of the stocks i currently sit on are consumer staples and big banks. I figure larger cap blue chips might go down but they still pay a dividend typically.

my personal hope is for a 5-10% correction before getting back in, but i've been saying that for the past month and missed out on some gains since i went to so much cash.

i still contribute income into SPY funds regardless as I consider that just better than putting money in a bank.

What i did go into though is large cap china stocks like tencent. They have so much cash sitting around and are just buying up everything, I'm hoping they take over all of china =). The returns for asian stocks so far have far outpaced US stocks.

TLBig GrinR, I'm sitting on a bunch of cash and not as sure as I was last year that the bull market had more to go.
quote:
Originally posted by WineTrooper:
When it happens, I think we see a 15-20% correction with the amount of dumb money in the market now. Maybe Dow 20,000. I’ll be a buyer there and will probably go heavy on oil stocks at that time. We are ripe for a commodity rebound and I suspect that regardless of the market, oil will be a safe play.


i dont think so

North america just produces soo much damn oil and i dont see it slowing down with mr orange at the head.

that said, hard tangible commodities are always a nice spot to hide some money
quote:
Originally posted by WineTrooper:
When it happens, I think we see a 15-20% correction with the amount of dumb money in the market now. Maybe Dow 20,000. I’ll be a buyer there and will probably go heavy on oil stocks at that time. We are ripe for a commodity rebound and I suspect that regardless of the market, oil will be a safe play.


I’ve been accumulating some oil stocks since last year. It really is slow going from them but oil prices have risen significantly and the equities have not followed yet....

The Bloom seems to be finally coming off cryptocurrencies and weed stocks are taking a much needed breather. Some of that money should eventually find its way to the underinvested oil sector.

It’s not often that you can find stable small companies with 9-10% yields (CJ.to) but an energy bear can do that....

Bfw
quote:
Originally posted by g-man:
quote:
Originally posted by WineTrooper:
When it happens, I think we see a 15-20% correction with the amount of dumb money in the market now. Maybe Dow 20,000. I’ll be a buyer there and will probably go heavy on oil stocks at that time. We are ripe for a commodity rebound and I suspect that regardless of the market, oil will be a safe play.


i dont think so

North america just produces soo much damn oil and i dont see it slowing down with mr orange at the head.

that said, hard tangible commodities are always a nice spot to hide some money


The US produces just under 50% of its oil needs even after the shale revolution.

Plenty being imported on a daily basis.

Meanwhile, worldwide oil demand grows every year (rapidly lately) and companies have reduced investments globally over the past 3 years.

There is a reason WTI is up from a low of $26 to $65. The Saudis and Russians want it and shale cannot meet worldwide growth alone.

Bfw

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