Cardinal Energy Ltd (Alberta) T.CJ

swing trade at $6.28

[loopsbutterfly]

Do you have more shares for sale at $6.28 ???

just curious

[loopsbutterfly]

Le swing trading est une mthode base sur les tendances puisqu'elle consiste a prendre position au dbut d'une tendance et de sortir lorque le mouvement montre des signes d'essoufflements. Pratiquer le swing trading c'est savoir reprer le support et la rsistance d'un actif sur les graphiques,acheter un actif alors que la tendance est encore naissante(au support) et revendre au

[Quintessential1]

Hey thanks for the lesson...here is one for you... https://www.janushenderson.com/en-us/investor/planning/calculate-average-cost/#:~:text=The%20average%20cost%20basis%20method%20considers%20the%20total%20cost%20of,purchase%20price%20of%20your%20shares. The only way your dividend counts as part of your ACB is if you buy more stocks with it...like dripping. GLTA  

[loopsbutterfly]

I know that...I told you yesterday $6,29(income tax purpose)  and $6,23 (minus the dividend) anyway there is no income taxe purpose the shares could be in TFSA and RRSP

[Quintessential1]

Nope...the swing shares were just to average down my core holding. I like my ACB now.  I'm green. like really green. Not fake green by subtracting the dividend off my ACB.  LOL  ;-) GLTA 

[loopsbutterfly]

yeah but my leverage is better

[loopsbutterfly]

microscopic core holding means no money no candy and no leverage hopes it can help  gracias     grinnnnn....

[Quintessential1]

https://www.investopedia.com/terms/w/weightedaverage.asp#:~:text=A%20weighted%20average%20is%20a,the%20final%20calculation%20is%20made. Funny how my microscopic core holding is way larger then your original "BIG CHUNK" buy And my swing shares were more than your "LARGE BLOCK" purchase Did your "partner" figure out how to phone you?  LOL GLTA

[loopsbutterfly]

Yeah but I didn't gamble too much on CJ as you know it is just a small part of my  portfolio. I play safe and get some money for entertainment ($2274/month)

[Quintessential1]

Yeah I could tell loops by your "BIG CHUNK" initial buy of 2900 shares. And your "HUGE BLOCK" of 37 900 shares   That's how everbody describes their small purchases. You're sketchy loops and thats why other posters accuse you of running multiple aliases on several boards and you have to pretend to have a "partner"  to confirm your fake BS

[loopsbutterfly]

yeah I never put all my eggs into the same basket 

[Quintessential1]

Do you think everybody else does? We all have portfolios and they aren't anchored by penny stocks on the venture exchange. GLTA

[loopsbutterfly]

running multiple alias ????? fake bs ??? sorry I really dont know what you are talking about?

[Dollars4Pennies]

This post has been removed in accordance with Community Policy

[loopsbutterfly]

yeah I got his message (private inbox) sorry but I can't answer his question on the public board... in fact the answer is sketchy  the large block (60 000 shares at $6.28) answer: it could be me,it could not be me sorry I cannot be more explicite

[Quintessential1]

Got all you want loops....come and get em!  LOL GLTA

[loopsbutterfly]

2100 shares x $6,28=$13 188    already $819 (profit on paper)at the close today price=$6,69 thanks for your shares brother  finally you sound a good person $$$$$$$ miam miam

[loopsbutterfly]

sorry $6,67 purchase price $6,28 up 0,39 (6,2%) profit on paper =$819,00 I like the bull run at the moment and it looks we separate the little boys from the pro investors Happy swing trading

[Quintessential1]

Counting your chickens before they have hatched again loops? Remember I'm the only one that has been paid for my shares here (by you) and more than what you have made LOL Pssst don't forget your tax bill loops. You're not making as much as you think or are trying to lead people to believe you are. My shares only get capital gains tax of 50% the nominal rate. I also still have over

[loopsbutterfly]

I thought you hold 150 000 shares so you just hold around 9 000 shares and you pay 50% income tax on the capital gain? it is a little bit sad I dont have to report capital gain because my shares are mostly in my RRSP account thanks for your cheap shares at $6,28 brother

[Quintessential1]

Well you know what thought did right loops?  LOL Over 3 times your "BIG CHUNK" in core and that again is swings loops. Some of which you bought but ran out of cash lol Oh no loops you're right you don't pay capital gains in your RRSP. What you pay is the full nominal rate on every dollar you take out of your RRSP including your initial investment capital.  No 50

[loopsbutterfly]

who sold out at $6,28 for couple pennies??? last trade at $6,75 hold long and prosper

[lnggasfor202324]

They deserve it.  These penny flippers just wreck the stock price.  I guess they can put tbheir running shoes on now and chase it.  lol...

[Valneigette]

well said  I like your opinion gracias   grinnn

[Quintessential1]

This post has been removed in accordance with Community Policy

[loopsbutterfly]

I told you many times and it is the last time  the dividend(to pay bills and entertainment) most of my shares are inside of my RRSP thus it is clearly obvious that I took it out of my RRSP(the dividend) and can pay the tax as I am on my retirement and very few earning Everything is in good standing and I am not confuse at all tfsa 2024=$7 000  cumulative limit is $95 000(I said $88000

[loopsbutterfly]

then for the $2274 per month at the time of writing I was the beneficial owner of 37 900 shares= $2274 per month(dividend) again you are not my broker or my wife and it is the last time for a clarification to you please enjoy your couple pennies(swing trade for a mere $6,28) and thanks again for those cheap 2 100 shares at $6,28 and just want to keep you inform about my 7 100 shares at $6,02

[Quintessential1]

So loops you pay the full marginal tax rate on all of the gains in your RRSP and you have the nerve to to try a belittle jay with his margin account?  So sad loops. I notice you answer your partner's (wife's?) posts too? Oh yes loops I am so sad I am PMSL. gracias grinDR GLTA 

[Quintessential1]

So loops you pull your dividends out of your RRSP and pay 33% tax on it  and then pay your bills. Gee loops it looks like you lose money on just the dividend.   gracias grinDR GLTA

[Quintessential1]

Just doing some calculations loops and it seems like my lowly pennies swing trade at about 3 times the dividend rate taxed at 50% capital gains probably brings in more than your entire div on your 50K shares - the full marginal tax rate you pay.  It is definately more than the amount you have made off of your huge block 37 900 div (which are the only dividends you have received btw) after

[Singoa58]

This post has been removed in accordance with Community Policy

[Quintessential1]

"The point is about the 50% rule for capital gain or loss.... if Revenue Canada find you trade too much in your TFSA and consider you as a day trader they will not agree for the 50% rule and you could become fully taxable and I know some investors catched on that rule... example: capital gain  $14 000 x 50%=$7000 taxable at your bracket          day trader

[loopsbutterfly]

just keep care of your portfolio I can manage my own portfolio and I dont need you for that purpose and I am not a day trader all my investments are in good standing happy swing trading at $6,28

[Singoa58]

Jesus let it go already Karen 

[Quintessential1]

Oh loops PMSL I don't think I will ever be able to stop posting this one  LOL gracias grinDR GLTA

[VeritasVern]

Qunite, I am not sure what you are refering to regarding trading in a TFSA. Perhaps you mean moving funds in/out of a TFSA? That could have limits. I am quite sure you can trade as much as you want in a tsfa given you may make money or lose. Trading is a Tax Free account is just that -  tax free. So if you make 100% profit, it is tax free as is any withdrawals which would include any capital

[Quintessential1]

Well VV this is loops post.  Maybe he can explain it to you. " (209) ••• Comment by loopsbutterflyon Jan 07, 2024 9:39pm 150 Views   Post# 35814982 RE:RE:RE:More TFSA money The point is about the 50% rule for capital gain or loss.... if Revenue Canada find you trade too much in your TFSA and

[lnggasfor202324]

Try it and find out.  If you trade too much you could face taxes.

[Quintessential1]

It doesn't matter to loops he is paying the maximum income tax rate out of his RRSP anyway.  LOL GLTA

[VeritasVern]

Inggas, there are no limits to trading within a TFSA because they are just like any other account - except it is tax sheltered. The only amount subject to taxation is if you contribute more than your allowable limit, then you are also subject to interest penalites which are quite high. The only other limit is regarding withdrawals where you have to wait until the following year to redeposit. 

[Quintessential1]

"The point is about the 50% rule for capital gain or loss.... if Revenue Canada find you trade too much in your TFSA and consider you as a day trader they will not agree for the 50% rule and you could become fully taxable and I know some investors catched on that rule... example: capital gain  $14 000 x 50%=$7000 taxable at your bracket          day trader

[loopsbutterfly]

What a waste of time here...you are not my accountant. better to chase the stock that you sold out at $6,28 enjoy the swing trading from $6,20 to $6,28 for couple pennies

[loopsbutterfly]

I am waiting for my dividend on March 15 for the 2 100 shares x $6,28 and I am already in the money thanks to the swing trader at $6,28

[Quintessential1]

Oh loops you think the day trader in the TFSA is making far less profit when it is you that has to pay your 100% full margin tax on every dollar you take out of your RRSP.  You know for entertainment and bills for you and your partner (wife).  ROFL Regardless of what the CRA says about your TFSA you still have to pay your full marginal tax rate on your RRSP.  PMSL  ALL OF

[loopsbutterfly]

Its none of your business

[Quintessential1]

LOL  loops: "Its none of your business" PMSL.  It's none of anybody's business loops but you posted it all. Psst loops....their business is none of your business either, LOL. But that doesn't stop you from being a big DB and commenting on all of it. Tit for tat loops gracias grinDR GLTA

[loopsbutterfly]

thanks for your cheap shares $$$$ in my pocket or on paper...lol happy Easter at $7,08 per share $$$$$  or in the sideline for nothing

[lnggasfor202324]

This post has been removed in accordance with Community Policy