$18K profit so far

[Ceiling Cat]

Holy sizzling sheiss, some of my stocks went down. So I bought some more!!!!!!


Patriot Battery Metals Inc. (PMET.CN) @ $3.59
Sigma Lithium Corporation (SGML.V) @ $18.98

 

[jeff2]

Two very small purchases of Topicus(TOI.V) in the last few weeks.
15 @ $ 69.00
15 @ $ 66.70

 

[Mrkoolaid]

Drop the large O&G companies and go for Canadian medium or small producers. You want less exposure to ESG in the next 2 years. Buy LNG too.
With the rates hikes banking will make lots of money, but you are over allocated.

 

[Ceiling Cat]

I sold my Baytex Energy Corp. (BTE.TO) for $8.35 ( bought @ $7.04 ) 19.6% profit
Re : Post #237 May 31, 2022

 

[angrymime666]

I sold my Baytex Energy Corp. (BTE.TO) for $8.35 ( bought @ $7.04 ) 19.6% profit
Re : Post #237 May 31, 2022

Im curious as to why you sold so soon on bte? the upside and expected growth for bte seemed reasonable to hold for a bigger gain. I really wish I bought more but Im fairly over weight on oil with bte and su.

 

[Ceiling Cat]

Im curious as to why you sold so soon on bte? the upside and expected growth for bte seemed reasonable to hold for a bigger gain. I really wish I bought more but Im fairly over weight on oil with bte and su.

I find that the style I use has worked best for me. To be a successful stock trader you have to know what to buy and when to buy and sell. I like to cut my piece of cake right off the top. I find that when a stock starts to move the easiest money is in the first 2/3 of the price. The last third is the most difficult to predict and takes the longest time to reach the predicted maximum price. If it does at all or may even lose some of the gain. I do not guess at what stocks to buy, I am methodical in my choices. An example of what not to do is what Phil C. McNasty ( U-man ) did. He bought BTE and panic sold it when the price went down. ( Post #221 - 229 )

Bought 3,500 shares of Baytex (BTE.TO) @ $7.06 CDN/share

Baytex Energy Corp. (BTE.TO) Stock Price, News, Quote & History - Yahoo Finance

Find the latest Baytex Energy Corp. (BTE.TO) stock quote, history, news and other vital information to help you with your stock trading and investing.

finance.yahoo.com

Sold all 3,500 shares of Baytex (BTE.TO) for a $2,500 loss. It was bleeding too much for me.
Very surprising it dropped 10% in less than a week

Compare his situation to mine when I bought BTE. I bought on May 31 and sold it eight days later for a 19.6% profit. My opinion is that I did not miss out on an additional 4.79% that BTE went up today. To take that last piece of profit is to play Black Jack and risk the price dropping. While I mas making profit on BTE I identified several stocks on the way down that has a high probability of making a profit. I try to maximize my time and opportunities and to be as efficient as possible.

There is also the possibility that Putin may announce the withdrawal of troops from Ukraine. this might cause a energy prices to fall when the unsophisticated investors panic.

 

[Phil C. McNasty]

Im curious as to why you sold so soon on bte? the upside and expected growth for bte seemed reasonable to hold for a bigger gain. I really wish I bought more but Im fairly over weight on oil with bte and su

He's full of shit. He never invested any money.
I can prove it to you. See my post below

 

[Phil C. McNasty]

I find that the style I use has worked best for me. To be a successful stock trader you have to know what to buy and when to buy and sell. I like to cut my piece of cake right off the top. I find that when a stock starts to move the easiest money is in the first 2/3 of the price. The last third is the most difficult to predict and takes the longest time to reach the predicted maximum price. If it does at all or may even lose some of the gain. I do not guess at what stocks to buy, I am methodical in my choices. An example of what not to do is what Phil C. McNasty ( U-man ) did. He bought BTE and panic sold it when the price went down. ( Post #221 - 229 )





Compare his situation to mine when I bought BTE. I bought on May 31 and sold it eight days later for a 19.6% profit. My opinion is that I did not miss out on an additional 4.79% that BTE went up today. To take that last piece of profit is to play Black Jack and risk the price dropping. While I mas making profit on BTE I identified several stocks on the way down that has a high probability of making a profit. I try to maximize my time and opportunities and to be as efficient as possible

Hey Cat, please post a screenshot of your portfolio.
You can blank out any personal information like I do, so there's no reaon not to post it.

*waits for lame excuses*

 

[Prelations2]

1.21 MULN
Electric car co but moreso a battery that performs.
https://finance.yahoo.com/quote/MULN?p=MULN

 

[angrymime666]

I find that the style I use has worked best for me. To be a successful stock trader you have to know what to buy and when to buy and sell. I like to cut my piece of cake right off the top. I find that when a stock starts to move the easiest money is in the first 2/3 of the price. The last third is the most difficult to predict and takes the longest time to reach the predicted maximum price. If it does at all or may even lose some of the gain. I do not guess at what stocks to buy, I am methodical in my choices. An example of what not to do is what Phil C. McNasty ( U-man ) did. He bought BTE and panic sold it when the price went down. ( Post #221 - 229 )





Compare his situation to mine when I bought BTE. I bought on May 31 and sold it eight days later for a 19.6% profit. My opinion is that I did not miss out on an additional 4.79% that BTE went up today. To take that last piece of profit is to play Black Jack and risk the price dropping. While I mas making profit on BTE I identified several stocks on the way down that has a high probability of making a profit. I try to maximize my time and opportunities and to be as efficient as possible.

There is also the possibility that Putin may announce the withdrawal of troops from Ukraine. this might cause a energy prices to fall when the unsophisticated investors panic.

I understand and it makes sense. Im not a very sophisticated investor as the leg work and research seems very consuming. Im assuming that all your traded a done in a cash account or rrsp since CRA frown upon day trading in the tfsa.

 

[Ceiling Cat]

He's full of shit. He never invested any money.
I can prove it to you. See my post below

I never claimed to have made huge piles of money, I just make stock predictions that have the possibility of making almost 20% profit as compared to U-mans losses of 10%. The truth of the matter is that I make these prediction to annoy U-man. I have a time machine and go forward in time to see the stock prices in the future.

FYI - If you make 10% a month on your money and re-invest your profits your money will triple in a year.

 

[Phil C. McNasty]

I never claimed to have made huge piles of money

LOL....thats what I thought. You have neither a pot to piss in nor a window to throw it out of

 

[Ceiling Cat]

U-man,

Do not tell me you actually believe what I said. I make stock predictions that result in 20% - 30% pay offs and you think I do not profit from it. You must truly be a U-man smoking crack and living in a carboard box.

 

[Ceiling Cat]

I understand and it makes sense. Im not a very sophisticated investor as the leg work and research seems very consuming. Im assuming that all your traded a done in a cash account or rrsp since CRA frown upon day trading in the tfsa.

Once you develop a style that works then it becomes much easier and less time consuming. Yes, I trade only in a cash account, I have been offered margin accounts many times. I do not believe in using margin accounts because it may become a bad habit. I even have a rule against drinking and gambling on a credit card, cash only. The CRA even considers trading in the same 120 days to be trading short term.

 

[Phil C. McNasty]

I make stock predictions that result in 20% - 30% pay offs and you think I do not profit from it

Yes I do think that, R-man

 

[Phil C. McNasty]

I never claimed to have made huge piles of money, I just make stock predictions that have the possibility of making almost 20% profit as compared to U-mans losses of 10%

I'm currently at 18%, U-man.
And on ignore you go, I dont suffer fools lightly.

*toodles*

 

[Ceiling Cat]

I bought some stocks today.

Journey Energy Inc. (JOY.TO) @$7.02

Athabasca Oil Corporation (ATH.TO) @ $3.17

Obsidian Energy Ltd. (OBE.TO) @ $13.93

 

[angrymime666]

I'm currently at 18%, U-man.
And on ignore you go, I dont suffer fools lightly.

*toodles*

when do you plan to sell SU? at 20% gain?

 

[Phil C. McNasty]

when do you plan to sell SU? at 20% gain?

I'll probably sell when/if the Ukraine war ends.

We'll see how it goes

 

[angrymime666]

I'll probably sell when/if the Ukraine war ends.

We'll see how it goes

yup Ive been on the fence about cashing out at $60, however the oil market will continue to grow given the current war. I dont see oil producers increasing their output to a point of lowering the cost per barrel. they have increased output but at no where near the requirements to drop oil prices.