RE:RE:RE:RE:RE:RE:Been holding since pre 2003 BRP spin off @ $23.65 a shareBicente
I have learnt that playing the so called long game has become a much losing proposition especially here in good ole manipulative Canada. We are a third world nation when it comes to the stock market and investing. It's all about the volume and liquidity and screw the fundamentals. The worst is the resource sector and there is virually no stock here that is immune from naked short selling which is equivalent to legal counterfeiting. I don't stay in any stock for any length of time any longer and it's been about 3 years I have been doing that and have had much better results even with the 7.00 commission cost.
I am checking out a site called WealthSimple which is commision free since I pay well over 10 grand in commissions every year.
bicente wrote: We are going through crazy times in the stock market , fundamentals are not even looked at when buying , many "investors" are taking the quick buck and raising prices ... many unqualified people are throwing money into the markets because it is easy to do so on their own ... I too believed we would crash soon enough but it looks like the growth is never ending ,, inflation should have calmed the buying frenzy but the opposite happened , the US. Devalued their dollar and made buying more enticing ... I am tempted to cash out of the market but days like today cannot be missed ... The bomber should be priced at $3 just on the potential they have in service centres but the market makers are not gonna let that happen until they are ready and that time is approaching quickly ... I'm staying in just to see how high the markets will get , after all it's just profit ... GLTA
quote=ITSUP2ME]Fair enough...I realize that and call me old fashion but I just feel there is way too much speculation built into the charts right now and when it comes to crude prices those taps can be tweaked in a heart beat...Hey collect a paycheque and work from home leave the car in the driveway...
Cheers!!
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