Search found 429 matches

by jay
29 Dec 2017 14:52
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 182
Views: 19235

Re: What did you sell? What might you sell? (2017)

AltaRed wrote:
29 Dec 2017 11:30
Is it not too soon to tell if that is your best trade for 2018? :wink:
You are right. I guess being in my TFSA I just didn't didn't care about the settlement date being in 2018 :). Happy new year @Alta
by jay
29 Dec 2017 10:29
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 182
Views: 19235

Re: What did you sell? What might you sell? (2017)

Sold half of my Gain Capital Holdings (NYSE:GCAP) at $12.7 this morning (from $8.35). What a crazy move. My best trade this year.
by jay
28 Dec 2017 11:07
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53184

Re: What did you Buy? What might you buy? (2017)

Started a position in Gain Capital Holdings Inc, NYSE:GCAP, the online trading company behind forex.com and City Index. I am mainly interested in it as a way to ride the bitcoin wave and it happens to have decent fundamentals. Paid $8.05/share Added to GCAP at $8.5. Price finally moving. This is a ...
by jay
04 Dec 2017 16:52
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Enbridge (Symbol-ENB)..are we getting close to a buy???
Replies: 283
Views: 31594

Re: Enbridge (Symbol-ENB)..are we getting close to a buy???

Anyone here rushing to sell ENB because the dividend story is cracking? No, but I won't be buying any more of their unsecured term notes (mine expires in a year or two) and will dump the one preferred I have when I see a bounce. ENB's prefs are yielding higher in the secondary market than their com...
by jay
04 Dec 2017 09:47
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 182
Views: 19235

Re: What did you sell? What might you sell? (2017)

Looking to exit my Cameco position (TSE:CCO), hopefully for breakeven at ~13/share. I started this position a little more than a year ago and averaged down a couple of times. It looked 'cheap' at the time :roll:. Lesson learnt and I think I will stay away from this sector - at least for a while. Me...
by jay
01 Dec 2017 09:51
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53184

Re: What did you Buy? What might you buy? (2017)

Started a position in Gain Capital Holdings Inc, NYSE:GCAP, the online trading company behind forex.com and City Index. I am mainly interested in it as a way to ride the bitcoin wave and it happens to have decent fundamentals. Paid $8.05/share
by jay
30 Nov 2017 14:40
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53184

Re: Enbridge (Symbol-ENB)..are we getting close to a buy???

Started a new position in SmartCentres Real Estate Investment Trust (TSE:SRU.UN), replacing BEI.UN that I just sold yesterday. I initiated this position in my TFSA which is where I intend to keep my REITs going forward. Paid $28.95/share, yielding just above 6%. Wrong thread.... Thanks for fixing i...
by jay
30 Nov 2017 13:08
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53184

Re: Enbridge (Symbol-ENB)..are we getting close to a buy???

Started a new position in SmartCentres Real Estate Investment Trust (TSE:SRU.UN), replacing BEI.UN that I just sold yesterday. I initiated this position in my TFSA which is where I intend to keep my REITs going forward. Paid $28.95/share, yielding just above 6%.

Fixed: Administrator
by jay
30 Nov 2017 09:50
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 182
Views: 19235

Re: What did you sell? What might you sell? (2017)

Used the 8% pop this morning and sold half my position in ENB at $49.5. IMO, the offering (bad news) should offset the other good news (dividend raise, growth confirmation and debt reduction plans etc...), so me thinks this move is a nice gift. But then again I can be very wrong and hence the reason...
by jay
30 Nov 2017 09:05
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Enbridge (Symbol-ENB)..are we getting close to a buy???
Replies: 283
Views: 31594

Re: Enbridge (Symbol-ENB)..are we getting close to a buy???

Enbridge has just announced a 10% increase to its dividend (from the current 0.61$ to 0.671$...exactly 10%). As recently as end of September they guided to a range of 10-12% until at least 2020. Well now they have reduced this number to 10%... Furthermore, 1.5B$ of additional common are being added...
by jay
29 Nov 2017 14:26
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 182
Views: 19235

Re: What did you sell? What might you sell? (2017)

Just exited my position in Boardwalk REIT (TSE:BEI.UN) at $39.95 / share for a 6% loss excluding dividends. It has been on my cleanup list since they announced their distribution cut mid November.
by jay
29 Nov 2017 09:24
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Royal Bank (Symbol-RY)
Replies: 275
Views: 62324

Re: Royal Bank (Symbol-RY)

PAA Research is betting against banks: Short seller takes aim at RBC, CIBC . And in a worst-case scenario for the banks that PAA says could take three years to play out, a mix of factors including sagging home prices, tighter credit conditions and fallout from highly-leveraged consumers could force ...
by jay
28 Nov 2017 11:29
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53184

Re: What did you Buy? What might you buy? (2017)

Started a position A&W Revenue Royalties Income Fund (TSE:AW.UN) this morning at $32.85. Been stalking it for a while and I always missed it by a few pennies each time it dropped to these levels. Although their growth seems to have stalled - at least for the time being - I am happy to own such a pre...
by jay
23 Nov 2017 10:13
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53184

Re: What did you Buy? What might you buy? (2017)

You have BIG ones, you surely do. Added: Lest you misunderstand me, you are definitely being speculative....but at the same time, there will be a bounce once the Arctic grips good portions of North America allowing you to walk away with some profits. Seems to be a pretty good bet. You are right; pu...
by jay
22 Nov 2017 15:57
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53184

Re: What did you Buy? What might you buy? (2017)

Just bought Peyto (TSE:PEY) again in my TFSA at $15.07 based on a new 52-wk low and lower oversold reading. This is a trade and I'm hoping for a quick bounce, and using a tight -5% stop.
by jay
21 Nov 2017 11:44
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 182
Views: 19235

Re: What did you sell? What might you sell? (2017)

Looking to exit my Cameco position (TSE:CCO), hopefully for breakeven at ~13/share. I started this position a little more than a year ago and averaged down a couple of times. It looked 'cheap' at the time :roll:. Lesson learnt and I think I will stay away from this sector - at least for a while. Met...
by jay
20 Nov 2017 09:47
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 182
Views: 19235

Re: What did you sell? What might you sell? (2017)

Just sold Ritchie brothers (TSE:RBA) for a +7% gain. Love this stock for trading. Managed to trade it 3 times so far this year and my entry point was based on the stock hitting new 52wk lows and technically oversold levels (RSI < 30). This was in my TFSA.
by jay
15 Nov 2017 20:18
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 182
Views: 19235

Re: What did you sell? What might you sell? (2017)

I'm wondering how far OTM? And how long will you hold them? I am thinking 2-3 months far with a strike of 30% below current value. I would keep rolling them every 1-2 months. I calculated it will cost roughly 2% per year unless the market drops quickly 20% or more which is when the strategy should ...
by jay
15 Nov 2017 11:29
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 182
Views: 19235

Re: What did you sell? What might you sell? (2017)

Exited my position in TVIX (a hedging position) at $9.75 this morning for a 10% loss. This product doesn't really work (for example, today the VIX shot up 25% yet TVIX only shot up 10%). Instead, I am opting for tail risk hedging and will be using a 2-3 month OTM put options on major indices from th...
by jay
15 Nov 2017 11:03
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53184

Re: What did you Buy? What might you buy? (2017)

Couldn't resist buying back the 100 PBH shares in my daughters RRSP account at $93.30 which we had trimmed just shy of the $103 mark a month ago. Instead of pulling back over a few days, it seems like any quarterly misses have been getting severely punished immediately, and recover sooner than expe...
by jay
14 Nov 2017 16:54
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Enbridge (Symbol-ENB)..are we getting close to a buy???
Replies: 283
Views: 31594

Re: Enbridge (Symbol-ENB)..are we getting close to a buy???

Getting very oversold with an RSI reading around 15.
by jay
14 Nov 2017 10:53
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53184

Re: What did you Buy? What might you buy? (2017)

AltaRed wrote:
13 Nov 2017 13:47
My smallest position too. Will continue to watch through the next 3-4 weeks.
Same here. I started a half position at $18.5 and I was hoping it would drop to the 16's before averaging down. Oh well ...
by jay
10 Nov 2017 11:35
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53184

Re: What did you Buy? What might you buy? (2017)

Just bought Ritchie Brothers (TSE:RBM) at $31.85/share. Stock is down 11% today due to missing earnings. Playing this for a trade one more time in my TFSA. Stock was already down 20% YTD (now 30%) so my thesis is that the bad earnings should be factored in pretty much., but who knows? Tight stop (5%...
by jay
07 Nov 2017 14:33
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53184

Re: What did you Buy? What might you buy? (2017)

From the proceeds of my sale of IMO, I added to an existing position in MolsonCoors (TPX.B) and an existing position in VCN. TPX.B has pulled back about 25% from an earlier high. VCN, well, I couldn't think of anything else productive to do. Ockham, are you familiar with Molson? is the drop mainly ...