Royal Spa

Any good stock pick suggestions??

AJstar

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Oct 20, 2002
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KIngF; Post your ideas anyway. Most of us appreciate the ideas and discussion. Who cares if some people disagree. If you're wrong we'll find you, and ?????. No just kidding. Free advice is often worth what you pay for it.
 

JohnLarue

Well-known member
Jan 19, 2005
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More drival from the babbling idiot. Of course you wanted to muddy the waters ... that's what people, like you, who know nothing do.


kf1
Like I said, pick another option chain and date and calculate the risk to reward ratio for a number of prices on the downside for the put.
Its kinda hard for me to muddy the waters on what you pick
Although SPY was your choice not mine.

Boy, you get real upset when someone else plays in your sandbox don't you ?
 

JohnLarue

Well-known member
Jan 19, 2005
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i really would like to put out safe option plays but unfortunately that pin head John keeps popping in and raising points that make no sense at all.kf1
Hey do not let me stop you
As long as you are respectful, refrain from personal attacks and stick to the facts then I can do the same.
If there is something I do not agree with, I will state "I do not agree" and provide logical arguments.
If I do agree, I can say " I agree" or nothing at all.
My choice though

Surely a sophisticated Investor such as yourself with years of training, study and practical trading experience has the confidence to calmly argue the merits of your ideas without having to embarrass yourself with profanity, insults and character attacks.

Or is it the idea that anyone would dare challenge you at all, that is holding you back?
 
B

burt-oh-my!

Head and shoulder patterns have zero validity.

The weak performance over the last decade all the more leads one to look to equities for a reversion to the long-term mean.
 

JohnLarue

Well-known member
Jan 19, 2005
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always best to think of the worse case scenario ... keeps you sharp and attentive to the overall market.


kf1
I agree 100%
Particularly wrt uncovered options positions, leverage in general, projections for future growth / returns as well as the use of margin.
 

danmand

Well-known member
Nov 28, 2003
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See now, was that really so difficuilt. We can all get along here.
 
B

burt-oh-my!

People who say we can really all get along here bug the hell out of me.
 

JohnLarue

Well-known member
Jan 19, 2005
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See now, was that really so difficuilt. We can all get along here.
Perhaps you missed the irony of his "worst case scenario" comment
That is what I have advocated all a long wrt options and received a lot of unjustified and quite nasty abuse for doing so.

I suspect I have been put on ignore by KF1
Perhaps it is for the best
 

danmand

Well-known member
Nov 28, 2003
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Perhaps you missed the irony of his "worst case scenario" comment
That is what I have advocated all a long wrt options and received a lot of unjustified and quite nasty abuse for doing so.

I suspect I have been put on ignore by KF1
Perhaps it is for the best
Oh dear. Well, it was nice while it lasted.
 
B

burt-oh-my!

I haven't read the entire thread, but as a general point, I think many times people get attracted to high success rate strategies. By this I mean strategies that win most of the time. Unfortuntely, they also tend to lose very big when they do lose. And they will lose eventualy. There are lots of option trading strategies which can be high success rate but unprofitale.

Overall, I think an astute awareness of when volatiltiy might increase or decrease sharply is possibly the best skill to try to attain, rather than focussing on one strategy for all seasons. Writing a deep out of the money put at panickly time when volatility is at high levels is very different than when the market is quietly creeping higher.
 

JohnLarue

Well-known member
Jan 19, 2005
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Lets see here

When I point out that there is down side risk in selling puts and illustrate it with an example of a worst case scenario,
you tear into me, calling me a dochebag, question my credentials and write a 1/2 page rant attempting to prove I am mudding the waters.

But then a week later you state:

Originally Posted by Kingfisher1
always best to think of the worse case scenario ... keeps you sharp and attentive to the overall market.
kf1

The only difference is that in the first case it was a challenge to your investment idea and most importantly a challenge to your massive arrogant ego.

So please clarify.
Is it prudent to evaluate worst case scenarios of expiry date prices for options positions or is it not.

Or does it depend on who's idea it was?

The truth of the matter is you can not handle anyone questioning your opinion.
At the very least if you are going to be that arrogant, then keep your opinions consistent.
 

oil&gas

Well-known member
Apr 16, 2002
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Ghawar
not sure what you're implying but yep I'm enjoying the gains and think this has more legs...
Just thought when a small cap has had such a fantastic run
any additional assuring remarks from you would be helpful.

Incidentally I've been bullish on metallurgical coal for some time.
Took profits with my position in Western Canadian Coal when it was
taken out. Not so sure with other coal plays. GCE is perhaps too pricey
to get in now. FT seems interesting but I have no feel for its risk level.
An entry point 15--20% below its recent high may be possible I guess.
 

danmand

Well-known member
Nov 28, 2003
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Coal is interesting. I have taken a position in a company (PCY) that is developing a couple of mongolian (thermal) coal deposits.
 

hinz

New member
Nov 27, 2006
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American Express (AXP) around $40, for speculation.

Or if one tries to be brave, pair trade say buying long on NYX, while selling short on X, as in TMX, not US Steel Corp. :rolleyes:
 

Jumbo99

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Nov 24, 2005
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I've been into Prophecy (pcy) for a while now and its been quite good. I also recommend (PIE) tsx -v interesting speculative play on oil
 

Adam_hadam

Well-known member
Feb 26, 2008
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Try this:
Get the g+m tsx complete listing and 7 lucky darts. Throw the darts on the listing and buy 1/7th of your portfolio on each symbol a dart lands on. Post in a year and let me know how you did.

Avoid the venture exchange like the plague. You may as well go play slots at woodbine.
 

kermitt

Banned
May 14, 2009
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Try this:
Get the g+m tsx complete listing and 7 lucky darts. Throw the darts on the listing and buy 1/7th of your portfolio on each symbol a dart lands on. Post in a year and let me know how you did.

Avoid the venture exchange like the plague. You may as well go play slots at woodbine.
Only a non-seasoned investor would tell someone to avoid the TSX venture. It is here where you make the big money and it is no riskier than any stock you might find on the big board. Also the venture stocks is where I've made my 400% gains in stocks like MKI, CO, INT..etc and this occurred over a course of a week..

Up over 140K since December and last week alone I made 20K in the stretch of 3 days...so yah if you don't want to have big money just listen to Adam and stay away from the venture...roflmao..
 

JohnLarue

Well-known member
Jan 19, 2005
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It is here where you make the big money and it is no riskier than any stock you might find on the big board.
That is not accurate
TSX venture companies in general are more risky than thier TSX counterparts due to
a) lower liquidity
b) shorter track record
c) single product, resource, well, mine etc
d) thier ability to raise capital
e) their cost of capital is higher
f) information (research, disclosure) is not as readily available
g) Generally no dividends
h) There have been a number of frauds (the TSX Ventue exchange was born out of the Alberta and Vancouver stock exchanges). The Vancouver exchange has a long history of shady Pump and Dump deals.

The rewards on the Venture exchange can be lucrative, however, you are taking on more substantial risk when you invest in companies on the Venture exchange.

Its always wise to evalute the worst case scenario
On the TSX the worst case is probably losing 20 to 50% of the intial investment
On the TSX Venute the worst case is losing 90 to 100% of the inital investment.

Just be sure you understand what you are buying
 
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