posted
This sounds exciting... I take it I would have to drop down to the penny stock level. Usually deal with more mature companies but I do have a lot of good penny stocks i'm tracking. I was up 125% in 2003 so might have something to offer.
Posts: 6 | From: Mississauga, Ontario | Registered: Feb 2004
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posted
hi the TSX VENTURE sucks! Im canadian and have lost alot of $$ thought being canadian and from vancouver - would make some money on the venture exchange. GOOD!LUCK! nothin but pump and dump most of the stocks are mining speculations.. or they just dont move lol! we jsut dont have the volume of people to invest in pennies up here. soo play the $1.00 or above on the TSX thats my advice!
quote:Originally posted by gordy: hi the TSX VENTURE sucks! Im canadian and have lost alot of $$ thought being canadian and from vancouver - would make some money on the venture exchange. GOOD!LUCK! nothin but pump and dump most of the stocks are mining speculations.. or they just dont move lol! we jsut dont have the volume of people to invest in pennies up here. soo play the $1.00 or above on the TSX thats my advice!
WELL, THEN I SUGGEST THAT THE OTC IS GOOD FOR YOU. GO PUMP IT UP.
I NEVER SAID TO PLAY WITH FIRE. ANY STOCKS THAT CAN MAKE A HUGH PERCENTAGES ARE WINNERS. NOT MANY SHARES YOU GOT IS GOOD. BUY QUALITY SHARES. AS LONG AS I AM MAKING MONEYS, I WILL WAIT. THATS WHAT INVESTING IS.(YES THERE ARE RISKS INVOLVE)
NOT GAMBLING (PUMP) LIKE A LOT OF PEOPLE IN HERE DO.
GOOD LUCK WITH ALL YOUR INVESTEMENTS.
I AM PLANNING TO BUY CH. LOOKING GOOD.
------------------ Mike
~~these are just my advices and suggestions. In no way am I'm held responsible for your trade loss. As always, do your own DD.~~
Posts: 107 | From: Vancouver | Registered: Nov 2003
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CH looks like a really safe buy at $1 but it could take a year to reach $2
I'm going to gamble and buy... INOV at .0001 10 million shares PCBM at .0001 10 million shares CMKM at .0001 10 million shares and sell each between .0002 and .0003
posted
Count me in... I'm a new, young investor... have built a respective company (one of those rare .com success stories of the new millenium), much of it on clients from the U.S., and Asia. My clientelle spans the globe, but the majority is within the U.S.A. and Japan. Hey, I'd gladly reinvest much of my gains into our own economy. I'll gladly share some of my ideas/input here with the rest, however... unfortunately, my investment skills are in their infancy in regard to the stock market itself. The idea on this thread is both noble, and potentially very prudent. Correct me if I'm wrong, but... even myself, right from the start, I began looking at the U.S. markets, as opposed to the Canadian markets... almost "by default" ignoring our own markets. If this approach is common among investors, and the Canadian market is often overlooked, that in itself may be an opportunity.
Again... I'm learning, and have ways to go. Surely much of what I say can easily be refuted by the many experts here.
At this point, I'm only looking from the outside, in... but one "opportunity" I do see in the Canadian market- is/are, any companies that compete with Canada Post. My business relies heavily on the services of Canada Post. On any given month, I may spend in excess of $10,000 on postal services alone. Canada Post has recently raised its prices by a substantial margin- to the point where some of my Canadian "competitors" are finding it hard to compete with similar business abroad. I'm already looking at ways/systems I can implement to somehow minimize my reliance on Canada Post, and begin using other services (couriers, etc). Naturalliy, this move affects a vast sea of other businesses in Canada. I'm confident that they, like myself, are looking at ways to minimize their reliance on Canada Post as a result of their substantial price increases and move their business to some of its competitors. Logic suggests that as a result, stock/share values of many direct competitors to Canada Post may/should begin to rise as a result of new influx of business related to Canada Post's recent move?
Hey- maybe I'm looking at this the wrong way... while I'm a specialist in my business, and my company is second to none in our field- when it comes to the stock market, I'll be the first to admit, I know very little. I appreciate anyone's insights into my approach, logic applied to the Canada Post situation, etc. I take criticism very well, hence feel free to confute any logic you deem refutable above.
quote:Originally posted by METAL777: Count me in... I'm a new, young investor... have built a respective company (one of those rare .com success stories of the new millenium), much of it on clients from the U.S., and Asia. My clientelle spans the globe, but the majority is within the U.S.A. and Japan. Hey, I'd gladly reinvest much of my gains into our own economy. I'll gladly share some of my ideas/input here with the rest, however... unfortunately, my investment skills are in their infancy in regard to the stock market itself. The idea on this thread is both noble, and potentially very prudent. Correct me if I'm wrong, but... even myself, right from the start, I began looking at the U.S. markets, as opposed to the Canadian markets... almost "by default" ignoring our own markets. If this approach is common among investors, and the Canadian market is often overlooked, that in itself may be an opportunity.
Again... I'm learning, and have ways to go. Surely much of what I say can easily be refuted by the many experts here.
At this point, I'm only looking from the outside, in... but one "opportunity" I do see in the Canadian market- is/are, any companies that compete with Canada Post. My business relies heavily on the services of Canada Post. On any given month, I may spend in excess of $10,000 on postal services alone. Canada Post has recently raised its prices by a substantial margin- to the point where some of my Canadian "competitors" are finding it hard to compete with similar business abroad. I'm already looking at ways/systems I can implement to somehow minimize my reliance on Canada Post, and begin using other services (couriers, etc). Naturalliy, this move affects a vast sea of other businesses in Canada. I'm confident that they, like myself, are looking at ways to minimize their reliance on Canada Post as a result of their substantial price increases and move their business to some of its competitors. Logic suggests that as a result, stock/share values of many direct competitors to Canada Post may/should begin to rise as a result of new influx of business related to Canada Post's recent move?
Hey- maybe I'm looking at this the wrong way... while I'm a specialist in my business, and my company is second to none in our field- when it comes to the stock market, I'll be the first to admit, I know very little. I appreciate anyone's insights into my approach, logic applied to the Canada Post situation, etc. I take criticism very well, hence feel free to confute any logic you deem refutable above.
posted
To people who say the TSX-Venture sucks, would you have made money on Toronto or NY? Look, in Canada, there are 25-30 stocks that belong in long-term portfolios: the big banks, integrated oils, utilities, telecom, insurance, and Rothmans. Every other stock is a trade, subject to huge upswings, and severe declines. The TSE is not a senior exchange, except for the 25-30 stocks that I alluded to. Also, remember in the fall of 2002 when Nortel was talking about a 1 for 10 consolidation, just to drive more scared shareholders out of the stock. (Remember the manufactured bad news on Telus in June/July 2002). The people who run the companies control the news, for their own benefit. I have been playing Canadian pennies (mostly mining) for 20 years, the first 14 were awful, the last 6 have been spectacular. I learned how to read a chart, know the significance of ascending triangles (Aber Diamond 1999-2000) and long-term saucer bottoms(Beartooth, currently own). I am now disciplined and buy very sparingly, only 3-4 stocks/year. If you are a bad stockpicker, it does not matter how many stocks you buy, they will all do bad. I know about 3 people who have become millionaires on the market recently, they are all in thear 50s now. They all made their fortune on one or two great picks and let them ride. Technical analysis is not perfect, and cannot predict huge winners, but I use it to eliminate bad stocks, and stop me from buying them, even though the news may be great. Conversely, it helps me pick out good stocks that are being accumulated cheaply, when the news is awful. Buy a good book on T.A. and use it as a reference. Pring, Technical Analysis is easy to use, and Edwards, Magee "Technical Analysis..." is the Bible of TA but may be too verbose for most people,s needs. In summation, I believe the chart over the news releases, if you do not know TA, you are a slave of the news. REMEMBER, if the market worked on straight logic, most of us would be rich.
Posts: 268 | From: Edmonton, Canada | Registered: Feb 2004
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