RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Results Out
scarface9 wrote:
I've had partial filled orders on buy and sell side too. Can be a pain. I'm actually still holding a few hundred shares of a company I tried to unload years ago before it's share price collapsed.
I've done really good on preferreds. They've all doubled. I bought a few different names. I added to my position in one a couple of weeks ago because it pulled back and the yield went back up to 9%. My initial buy yields me 15.5%.
You know your mortgage companies well. I don't have the same comfort level in that sector so I've avoided it. TF would probably be the one I would buy personally. I feel they're more conservative which fits my strategy now.
I used to be higher risk investor, mostly bought junior resource stocks. Now I don't have the stomach for it. Lol
Yea I get caught fairly often filling small partial buys and sells when playing with low volume names.
I don't know much about preferreds other than they are first to get paid if there is a problem. Is there a feature to them that has made them all do well for you, or have you just bought them in good companies? Usually I see them for defensive or institutional investors who are risk averse...
I've never had a mortgage and I only understand the concepts of these companies well, digging deeper into them I get lost lol. They are interesting because there are about 5-6 of them that all show up between 5.5-9% yeilds and they don't trade off a commodity where most higher yeilds are seen and that's a comfort to me.
I was more conservative, but I'm getting willing to take more risks because I feel I have a solid base built up. I too am attracted to junior resource stocks because of potential, but I don't have many and small amounts usually. I play with a few names as trading stocks looking to gain 10-20+% on a few cents movement which is what PJX is, I have no faith in the company itself, it just trades in a predictable range and seems safe enough that my risk on collapse is low. And others I watch for that I feel have large potential in production, LUX is my play that I'm hoping will 5-10x within a few years. I've never really had a company itself fully double for me (altho I have one on the edge of it in CJ) as I've usually selected more mature companys with healthy payouts, I've had total returns show doubles like BCE, MKP and VSN (who's big pop was on the sale to PPL). I currently have more candidates now that I could see 2-3X returns if I hold them a couple more years than I've ever had before. I've only been investing for I think under 9 years and the first 6-7 were not as intense/informed as I am now, and really I'm still learning as I get deeper in.
I've been getting interested in playing juniors through private placements and warrants now that I've been learning that system. My plan would be to find a company with potential who's privates are at a discount and have a good warrant plan, fund the private and then sell the shares once the holding period is completed, hopefully for a profit, then all my risk is off the table and I can hold the warrants for a couple years, if they do well exercise them before the expiry date and if they don't become profitable I can let them expire at no cost to me. Of course my plans and what actually happens could be very diffferent. I'm yet to attempt this investment strategy but I plan too eventually.