POET Technologies Ord Shs V.PTK

$5.62 is the 200 day ave and formula $4.09 is the 50

[88guy88]

so stinky bids are likely in the $4.00 to $4.50 range and the RSI  is still way overbought even today at 67.10 and that needs to get back to at least the 50 mark before its safe to even consider nibbling at anything....

feel bad for the $7 guys that jumped on the train yesterday and now they are walking back home

[gilver]

It's a common trap that occurs on stocks when then run up abruptly on price. People that buy on emotion usually pay for it one way or another. At times, we may have been caught up with that "train leaving the station feeling". That time will come, but it is not yet. It'll happen when it happens and which news release will be the one that does that? This is not to be construed as

[Poetwhen]

This post has been removed in accordance with Community Policy

[gilver]

I don't know too much about the stock market. Mostly, I just have a wee insignificant opinion. You can laugh at me all you want and it will not matter. lol. gilver

[MISTERFB]

It's really best to train oneself to sell some shares on these dramatic spikes and to buy back those shares when the share price goes into free fall which inevitably happens.  The pattern has repeated itself so many times with this stock. I prefer to trade within an RRSP or TFSA to avoid the 30 day rule that prevents some from taking advantage of these gyrations in share price.

[maestrodrumboe]

This post has been removed in accordance with Community Policy

[MISTERFB]

Yeah most people are under water with this and the thought of selling at a loss at this stage is compounded by not being able to buy back for 30 days or else lose the capital loss. It is so much easier to not be hamstrung by artifical rules otherwise one is forced to hold long term and only selling when a profit is in sight.  In the meantime opportunities are lost to get the average price

[beenthere]

I thought you " inherited " your shares? What applies to you? You have to use the ACB of the previous owner?

[Poetwhen]

This post has been removed in accordance with Community Policy

[MISTERFB]

Actually Mr. Poetwhen the disposition occurs the date the estate is settled.which can be months/years later.

[MISTERFB]

Capital gains/losses are taken care of within the estate at that time as the transfer of shares is not allowed and must be liquidated.

[CAinPlap]

Deemed disposition on death taxed in terminal return. Change in value from deemed disposition on death and actual settlement is taxed in T3 trust return of the estate(or carried back to terminal if loss in value). Value at settlement becomes ACB of benificiary.

[Poetwhen]

This post has been removed in accordance with Community Policy

[MISTERFB]

Their are exceptions (ie family trusts)

[Poetwhen]

This post has been removed in accordance with Community Policy

[MISTERFB]

Because you brought it up.  My original post talked about shares outside of this trust and the advantages of trading within an RRSP or TFSA.  

[MISTERFB]

I'm referring to the shares I purchased outside of the inheritance Mr. Beenthere but you are quite correct regarding those shares.

[wintersun10]

just wait a couple of days, without any price changes and your numbers will be upside down. now what? don't get fooled by the tech analysis numbers, they are just random numbers from random calculations.