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Bullboard - Stock Discussion Forum Capital Gains Income STREAMS Corporation T.CGQ.E

TSX:CGQ.E - Post Discussion

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Post by spazzman on Jun 21, 2012 7:53pm

Buying Opportunity

The last time I purchased CGQ.e was back in November/December of 2011. The result was I got my average cost down to $6.18. Except for investors buying back their shorts, Fridays are usually a down day resulting in a buyers market. Buy when others are selling is Buffett's motto. Over 19% return at the bid.

I would gamble that next week these markets have bottomed in all sectors and trend upwards as we get closer to the US elections.

      Comment by FEEDBACK20 on Jun 22, 2012 4:33pm
      Great call.  I just hope those cats can hold on until September.  Lets hope that this trend continues into next week. 
      Comment by tomtom4 on Jun 22, 2012 5:35pm
      I tried to average down today but the sellers kept the price above $6.00  Try again on Monday  I was hoping for a sell off at the close but it did not happen, the banking sector rebounded today so I think that I may have missed buying aound the $6.00 range.  
      Comment by huff5413 on Jun 22, 2012 7:08pm
      I am with you, any price below $6.35 and I am averaging down and raising my yield!!!  nice to see investors postings again.
      Comment by FEEDBACK20 on Jul 03, 2012 8:07pm
      Great day for all my stocks, looking at level 2 I am surprised to see cgq.e holders willing to sell this fund below $6.25  guaranteed dividend where else can you get yields over 15% month after month?  Just my happy opinion on a great investment. 
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