Any good stock pick suggestions??
- Thread starter Apple15
- Start date
Throw a few bucks at 'TIM'
I know its a penny stock....but check out the action over the past few years!!!
I know its a penny stock....but check out the action over the past few years!!!
If the rationale behind your suggestion is TIM's fall from $30+ to
$0.30--.40 over the last 3 years Nortel should be the best buy in the entire
universe. Adjusted for reverse splitting NT's share price must have
dropped more than $1000 in the last decade.
I am not suggesting TIM is not a good buy. But there has to be
a reason to buy it other than its being a dirt cheap stock. My
experience is that it is often more prudent to buy a good stock
(one with good growth prospect) at a premium price rather than
a risky stock at a (seemingly) discount price.
All shares have a story. Are you looking for slow growth and a nice dividend while you wait? Are you looking for a quick hit? A stock may be a great one for me, but not for you. Here are a few to consider with their story:
1. Englobe (EG-T) - trading now as low as .09 on bad days, but the board tells me it has a target of .7 in the next 12 months. My sell is queued at .25 -- I bought at .08. Onex put in $25m.
2. IAE-V - Trading around $1.80 target $5.00 in next 12 months. Already on the way up.
3. SXC-T -- Trading post split at $40. I bought at $2 and sold at $70, and was waiting for double dip to buy back. But they were covered in recent magazines and was up to $84 before splitting.
4. PIF.UN-T -- Pays a great dividend, and has grown 40% in the last 90 days. Already past my sell target, but I have a stop/loss so waiting to see if it hits higher highs.
5. MFC-T -- they have such a large portfolio they are modelling the market, indeed some say they are leveraged against it. So if it goes up, MFC will go up faster ... and vice versa. Is Sun Life a better play? Maybe.
6. RIM-T -- Trading very low, but if you think their product can beat iphone bet. If not bet on Appl. I am long both. But for different reasons.
7. Appl-N -- Has gone up 11 Octobers in a row. Will this be the 12th? I am betting on it.
8. RIB.UN-T -- a bond fund with a monthly 5%+ payout. Buy below 11.80 and you will make a nice living compared to GICs.
9. SC-T -- Shoppers has a lot of challenges. But they have a great management team. Shares are down due to Gov intervention -- will probably go up as SC fixes the profit impact with new ventures.
10. I still like Canadian banks, esp. TD, BMO but RY has been pushed down due to trading desk losing share. A buying opportunity? They are high at mid-Sept -- but I would buy them on a 10% pull back.
Telecom was a good buy when I got in. All are up at least 25% in a year. And are still paying great dividends. But they are expensive here. But if the market is going down(?) they may be a good defensive play.
What about the US stocks you ask? Only reason to buy here is the US:Cdn FX is such that long term even if the stock only grows 2-3% the FX may be boost your returns.
Other advantage is the US option market is fairer. So it is easier to protect your investments with collars etc.
Fun, eh?
Now, you know why I make investments in SP's. Bring far better returns, not without risks, but far less risky.
1. Englobe (EG-T) - trading now as low as .09 on bad days, but the board tells me it has a target of .7 in the next 12 months. My sell is queued at .25 -- I bought at .08. Onex put in $25m.
2. IAE-V - Trading around $1.80 target $5.00 in next 12 months. Already on the way up.
3. SXC-T -- Trading post split at $40. I bought at $2 and sold at $70, and was waiting for double dip to buy back. But they were covered in recent magazines and was up to $84 before splitting.
4. PIF.UN-T -- Pays a great dividend, and has grown 40% in the last 90 days. Already past my sell target, but I have a stop/loss so waiting to see if it hits higher highs.
5. MFC-T -- they have such a large portfolio they are modelling the market, indeed some say they are leveraged against it. So if it goes up, MFC will go up faster ... and vice versa. Is Sun Life a better play? Maybe.
6. RIM-T -- Trading very low, but if you think their product can beat iphone bet. If not bet on Appl. I am long both. But for different reasons.
7. Appl-N -- Has gone up 11 Octobers in a row. Will this be the 12th? I am betting on it.
8. RIB.UN-T -- a bond fund with a monthly 5%+ payout. Buy below 11.80 and you will make a nice living compared to GICs.
9. SC-T -- Shoppers has a lot of challenges. But they have a great management team. Shares are down due to Gov intervention -- will probably go up as SC fixes the profit impact with new ventures.
10. I still like Canadian banks, esp. TD, BMO but RY has been pushed down due to trading desk losing share. A buying opportunity? They are high at mid-Sept -- but I would buy them on a 10% pull back.
Telecom was a good buy when I got in. All are up at least 25% in a year. And are still paying great dividends. But they are expensive here. But if the market is going down(?) they may be a good defensive play.
What about the US stocks you ask? Only reason to buy here is the US:Cdn FX is such that long term even if the stock only grows 2-3% the FX may be boost your returns.
Other advantage is the US option market is fairer. So it is easier to protect your investments with collars etc.
Fun, eh?
Now, you know why I make investments in SP's. Bring far better returns, not without risks, but far less risky.
I bought TIM years ago...a few bucks in when it was 25 cents..... I sold at $4.00........
and gave up on it even thought it rose forever.
Had some information at the time and the resource market was strong.
The economy wiped it all out......and the buying countries are not buying.....RIGHT NOW.
But Canada is a net exporter of products such as this (Magnesium) ...and while I can;t say when, I expect this resource will take off when and if the economy goes.
So..Given its a penny stock (42 cents right now)..You don't wanna risk a lot.....But I expect it to drop to around the 25 cent mark,,,,,Ive been watching it and will throw a thousand bucks that way. Its play money at that level......and who knows....at $4 or $5...that $1,000 today.... will look pretty good.
Don;t buy.....just watch and learn...but if it hits 25 cent...or even 30.....GET in....Trust me!!
and gave up on it even thought it rose forever.
Had some information at the time and the resource market was strong.
The economy wiped it all out......and the buying countries are not buying.....RIGHT NOW.
But Canada is a net exporter of products such as this (Magnesium) ...and while I can;t say when, I expect this resource will take off when and if the economy goes.
So..Given its a penny stock (42 cents right now)..You don't wanna risk a lot.....But I expect it to drop to around the 25 cent mark,,,,,Ive been watching it and will throw a thousand bucks that way. Its play money at that level......and who knows....at $4 or $5...that $1,000 today.... will look pretty good.
Don;t buy.....just watch and learn...but if it hits 25 cent...or even 30.....GET in....Trust me!!
Assuming you keep the proceeds/decent profit from sin stock like LVS in USD, maybe you should take a look at General Dynamics, or United Technologies Corp or United Health/WellPoint, Inc
BTW, you could invest in WMS Industries Inc. if you still want to stick to gambling.
Too frothy, especially when sheeple are rushing in and the talking heads at CNBC are all saying Gold is a strong buy.
Wait significant pullback to establish a position, say those punters pay back/buy low yielding currency they borrowed before say the US dollars after selling relatively high yielding currency, say Aussie or Loonie.
Take some profit off the table and keep the rest if you have have a position.
Make sure your precious metal position is more than 10% of your investable funds.
Thanks for sharing your view, really appreciate it.
TIM has been under my watch for some time. It is one of those
badly battered stocks that stands a chance to bounce back to
its all time high. Wonder if Eric Sprott is still a shareholder.
IMO it is a stock that is worth gambling a few hundred bucks
for a 1--3 years hold or as long as it stays solvent.
Hasn't High Freq Trading pretty much killed trading stocks? I mean the fundamentals mean nothing, and the technical are ruined too.
http://en.wikipedia.org/wiki/High-frequency_trading
http://en.wikipedia.org/wiki/High-frequency_trading
I'm long on gold and silver (Physical), dividend paying stocks, and 2 triplex units
Anyone who asks this question; what is a good company to invest in/good stock picks is not fit to trade. You need to do more research and homework.
First off, I was just giving him honest advice. That's like the number one question asked by a beginner who knows nothing, 'whats a good company to invest in?' Just because it's a good company doesn't mean you should invest in it, there are hundreds of other things you need to research and find out. EPS, quarterly earnings, audits, P/E.. it also depends whether OP is trying to look for a long term investment or day trading stock.
I'm just letting OP know that if he's asking a question like that he shouldn't be getting into the market yet. And the market were in right now is the best place for a beginner to start, starting with a difficult market will make the bull markets feel like a breeze.
What do you think broker in house research guys do?
They follow, research and give advice. IE) pick out companies to invest in.
That doesn't mean you follow their advice blindly, but its a place to start.
You must have time to scour research, and find the current truth for all of the thousands of companies out there, all by yourself. Most of us do not.
You sound like a pompous ass.
