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308 Reads
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May 25, 2010
Investing & personal finance_____________________________________My guess is that not many or any high net worth clients visit our boards at Stockhouse. I'm going to guess further that we are all retail traders who feel confident in being able to learn how to invest, pick & control our assets and are looking for more than just "safe" returns on investments.______________________________...
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173 Reads
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May 22, 2010
As a short term holder of penny stocks, it has been an interesting week. Picked up many of my usual favorites at lower prices. Nice to see Friday end on an up note after picking up many discounted stocks. I do hate the fact that the Canadian market is not in sync with the US for open and closed stock market days. We'll be closed Monday and after what we've just experienced in the market this...
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149 Reads
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May 19, 2010
Investing & personal finance_____________________________________BEST OF THE MONEY BLOGSWednesday, May 19, 2010News from globeandmail.comWe've rounded up our picks for the best of the Canadian financial blogs. Now, it's up to you to vote for the best of the best PERSONAL FINANCE INVESTINGFinancial blogs are a great money equalizer - people sharing information with others in a way that makes...
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106 Reads
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May 14, 2010
Even though I profess the profitability and ease of flipping penny stocks many times over, there is still the fate of companies being delisted and you lose your stash. I've experienced a couple and its disheartening. Its par for the course when you have your hands on many trades and lose track of some of the dormant trades thinking oh they'll rebound. I need to regularly review my open trades...
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104 Reads
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May 14, 2010
Routine TradesThe "travails" (works) of a penny stock flipper.A couple recent screenshots of my activity page.and a second screen shot____________________________________________________________________Thanks for checking out my page. Red MarsMy current short term combined account goal ( RSP & TFSA ) is $89,000.00Related Posts:Why I trade penny stocks Part 12Why I trade penny stocks Part...
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126 Reads
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6 Comments
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May 6, 2010
With this market meltdown, one thing is for sure, the discount stock brokers abandon their clients. Its every trader for himself. I can't access my order status page. I get try again later or I get an error message.Their platform systems fail on any surge of activity and today is a whopper.If they are going to expend any resources its going to be to make sure their own trading floor traders...
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147 Reads
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May 5, 2010
From Canadian Business magazine, April 26, 2010FilmsThe ghost of Gordon GekkoWhy Oliver Stone's 1987 jeremiad ruined Wall Street films forever.By Steve MaichHollywood has never had much use for bankers. Audiences are positively drowning in movie doctors, lawyers, spies and journalists, but movie financiers are as rare as gay action heroes. And if you’ve been looking forward to the release of...
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178 Reads
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May 5, 2010
My Watchlist..With my RBC DI trading platform I can set up 20 "watchlists" which hold 15 companies in each. This means I can track 300 companies. You can therefore group your stockpicks together: say by country, metal, sector, and so on. Following is a partial list of companies I track which I regularly flip stocks in. I'm usually 50% vested and 50% cash.The cash is spread in these picks on...