tag:blogger.com,1999:blog-35490486232395754082012-02-16T01:43:22.667-08:00Help with Investing needed!dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.comBlogger451100tag:blogger.com,1999:blog-3549048623239575408.post-8537550472914302742008-10-26T17:39:00.000-07:002008-10-26T17:39:02.468-07:00

High Probability Trading: How to lose MoneyWhy would you want to lose money in GTA?

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-45597172318967823442008-06-23T17:57:00.000-07:002008-06-23T18:04:25.711-07:00

Here is a quick spring update of my investing and a couple of links that I've found. I have held my RIMM and AAPL shorts which have hurt me badly. This coming off a huge loss from hanging on to BMO over that "credit crisis". Even though my portfolio has been terrible and I've been crippled I've hung on and made some good trades, most recently buying BCE before the Supreme Court ruling. I've also

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-27453026693849867542008-04-20T03:57:00.000-07:002008-04-20T04:03:42.942-07:00

Thats right, it has been a horrible year for investing. I have to do my tax return in the next week and I will actually have capital gains to declare and pay tax on. But in 2008, I have a sad feeling that I'll be going back and applying my losses to those 2007 gains.I've already told you about the big loss that I took on BMO. Right after I couldn't handle the pain anymore, BMO bounced up! While

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com2tag:blogger.com,1999:blog-3549048623239575408.post-23670800888715572122008-03-21T15:48:00.000-07:002008-03-21T15:51:59.729-07:00

I've taken my loss on Bank of Montreal (BMO) so that I could free up some capital for the Visa (V) IPO on Wednesday. That has been pretty successful but it really hurt watching BMO fix its problems in 3 days and surge like it did! Oh well, can't dwell on that now.Speaking of dwelling on bad decisions - after investing in Bear Sterns (BSC) on the Friday when it fell to $30/share, I was able to

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-69071656232149807672008-03-16T14:25:00.000-07:002008-03-16T14:32:02.396-07:00

Well, I tried to catch a falling knife on Friday by buying BSC after it dropped almost 40%. I got in at around $34 and now the news that the sale to JP Morgan. However the analyst says "Terms of the deal were still being hammered out Sunday afternoon. Reflecting the dire situation at Bear, the company is likely to fetch considerably less on a per-share basis than its stock price of $30 in New

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-44196609991172528842008-03-15T11:20:00.000-07:002008-03-15T11:21:20.387-07:00

My position in BMO has crippled my portfolio. I have started to take on risky stuff like yellow pages and going bearish on oil to try to make up for it.Sent on the TELUS Mobility network with BlackBerry

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-19590475072501738712008-03-01T20:50:00.001-08:002008-03-01T20:50:08.931-08:00

It seems that the stocks I went long on are going down and the stocks I went short on went up! Hard week for sure. Hopefully it gets better. Sent on the TELUS Mobility network with BlackBerry

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-87871482517265853602008-02-28T10:27:00.000-08:002008-02-28T13:00:20.985-08:00

Decided to open a short position on IBKR at 33.75. The long term prospects for this company appear strong so I am just trying to ride a little wave down and then cover. Sent on the TELUS Mobility network with BlackBerry

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-84884082726974430592008-02-28T10:23:00.000-08:002008-02-28T10:30:13.723-08:00

Closed out the POT position at a small loss and the AAPL position at a nice gain.Sent on the TELUS Mobility network with BlackBerry

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-119309569855245332008-02-28T06:38:00.000-08:002008-02-28T06:41:00.394-08:00

The stock spiked to 10.5 cents yesterday and then the news came that they are having a press confernce tomorrow regarding Shoal Point. This could be anything but given the uptick in the stock price I am pretty confident that it is positive news. I guess we will see tomorrow!Sent on the TELUS Mobility network with BlackBerry

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-50323164576555590862008-02-26T07:22:00.000-08:002008-02-26T07:23:01.336-08:00

Ho-hum. Faster Macbooks - more memory and harddrive space too. The Macbook Pro's were updated to include the patented multi-touch, and thats about all. Kind of disappointing.

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-23655227832634037832008-02-26T07:07:00.001-08:002008-02-26T07:07:44.038-08:00

Rumor is there will be a refresh of the Macbook Pro's (possibly blu-ray drive included). Hopefully it will cause the stock to pop!

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-63159346733470745862008-02-25T11:06:00.000-08:002008-02-25T11:07:04.498-08:00

Letting my AAPL long sit tight. Tried to catch a little swing trade by shorting POT close to its 52 week high.Sent on the TELUS Mobility network with BlackBerry

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-83746917588633844142008-02-24T15:29:00.000-08:002008-02-24T15:33:36.759-08:00

I know it might end up burning me but I really enjoy putting all my cash in one position and hoping it pops!Sent on the TELUS Mobility network with BlackBerry

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-65743533258201068702008-02-22T11:50:00.000-08:002008-02-22T11:51:05.145-08:00

Noticed that AAPL was trading at the levels it was when the iphone came out so I decided to get long!Also kicking myself for covering my short on RIM to early!Sent on the TELUS Mobility network with BlackBerry

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-41272555111661391572008-02-21T08:28:00.001-08:002008-02-21T08:28:35.322-08:00

Today after the RIM spike I shorted 100 shares at $109.30 and then covered half of them at $108.50!  

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-90781245080261050632008-02-11T04:04:00.001-08:002008-02-11T04:04:24.480-08:00

attached.

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-61637556740643567762008-02-10T07:53:00.000-08:002008-02-10T07:54:00.986-08:00

Watch the latest videos on YouTube.com

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-46717869571032379932008-02-05T10:12:00.000-08:002008-02-05T10:11:13.015-08:00

After watching my position decrease $150 because of the mistake I made yesterday I got mad and added another 100 shares of RIM. I rally need this to bounce now!Sent on the TELUS Mobility network with BlackBerry

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-66808616401320206202008-02-04T11:18:00.000-08:002008-02-04T11:17:23.641-08:00

I sold RIM at a small profit only to watch it go up and up and up. So I get it in my mind to short the stock but I clicked the wrong button and ended up buying it at the days high! Oh my.Sent on the TELUS Mobility network with BlackBerry

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-40394695933698302062008-02-04T07:27:00.000-08:002008-02-04T07:26:13.212-08:00

Finally after months of owning BMO and TD they are both above water!Sent on the TELUS Mobility network with BlackBerry

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-76314255128068570702008-02-04T05:04:00.001-08:002008-02-04T05:04:47.483-08:00

After cashing in on the YHOO short and then getting long the very next morning. I sold a day after that in fear of erasing my gains from the short! What a play it would have been if I held until the MSFT buyout offer.   Right now, I have a bigger portion of my portfolio in RIM. I was trying to trade it on Friday but never found an exit point - hopefully it doesn't burn me.

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-58029800830050015602008-01-30T06:54:00.001-08:002008-01-30T06:54:08.083-08:00

Hoping for a bonuce back here, maybe investors react to the job cutting or the fed decision and possibly a short squeeze since the easy money is made on the short side now.

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-24748318406054541062008-01-29T18:38:00.001-08:002008-01-29T18:44:52.525-08:00

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-81672236857500351562008-01-29T14:48:00.001-08:002008-01-29T14:55:28.429-08:00

Just before the close of the market I added to my YHOO short 100 shares, so 175 in total. The stock is down 10% in after-hours trading right now.LXK annouced a great quarter and shot up 15% today.Assuming I can cover the YHOO short tomorrow at the levels it is trading at in the after market - my portfolio went up about $550 today which is >5% return! Pretty nice considering the way the market has

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-44522166789423134002008-01-29T04:38:00.001-08:002008-01-29T14:55:47.875-08:00

Great news this morning is that Lexmark (LXK) Beat Street Expectations and has rose 12% in the premarket.But there is bad news on YHOO pre-earnings annoucement, Cramer's cronies seem to think good things are in store with the article: Own Yahoo? Lucky you.We'll see how the day progresses.

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-19500581287652454792008-01-28T17:10:00.000-08:002008-01-28T17:12:41.007-08:00

Ended up being up $120 for the day.AMD and YHOO shorts canceled out since they went in opposite directions.BMO and LXK were the two big winners netting $107 profit.Tomorrow will be interesting to see how the market reacts with the pending Fed meeting and also how YHOO moves as they are set to put out results at the close of the market tomorrow!Wish me luck!

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-18937419536546288832008-01-28T06:27:00.001-08:002008-01-28T10:49:24.113-08:00

With the overseas markets declining this morning on rate-cut concerns.Pre-market shows the following good news for my recent tech shorts:AMD down 1.26%YHOO down 1.37%Afternoon update:Market appears to be fairly stable awaiting the Fed meeting coming up later in the week (even with the overseas selling off pretty hard).I'm up about $80 today based on YHOO being down over 4% (earnings come out

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-60253824794785702932008-01-27T17:33:00.001-08:002008-01-27T17:37:42.048-08:00

I'm sure you've all read about the French trader who lost 7.1 billion dollars recently. Can't wait for the Made for TV MovieBrowsing the interweb tonight, I came across the wikipedia article that summarizes traders who have realized over $100 million in trading losses.

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-63394876328598269642008-01-27T16:54:00.000-08:002008-01-27T17:04:37.638-08:00

Well, I'm about to show you my portfolio with current positions. I know that I have too many stocks and I am in over my head. I'm actually trading on margin alot more lately, trying to make a big move.If you remember my big position that was really hurting me was Advanced Micro Devices (AMD). I had purchased 230 shares of it back in November at around $12 and in the following two months I watched

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com4tag:blogger.com,1999:blog-3549048623239575408.post-71294639652751736242008-01-09T09:46:00.001-08:002008-01-09T09:46:01.704-08:00

Hey everyone, I stopped posting on the blog for a couple of months andthe performance of my stock portfolio went down big time. I am nowbelow where I started in July 2006. I starting shorting stocks,trading on margin and all the things you're not supposed to do and Ikept earning - then it all hit me in the face.I currently hold 16 stocks and 30% of my portfolio is stocks owned onmargin which I am

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-59437108355797568322007-11-11T07:17:00.000-08:002007-11-11T07:47:15.254-08:00

I just got done reading an article regarding on XBRL which stands for eXtensible Business Reporting Language. It "tags" financial information that is released by public companies so that people will be able to analyze their financial information with ease. By tagging certain information like net income, then one would be able to pull that income from various companies at once rather than having

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-28835312032090061852007-11-01T19:21:00.000-07:002007-11-01T19:35:13.888-07:00

Wow, experienced my first double up since starting to invest. I know that when you're playing with penny stocks you're playing with fire - but when it hits, it feels good! This week CQV has went from 4-5 cents up to 13 cents!My ACB was 6 cents plus commissions so when it hit 13 cents today I was not sure what to do. No news is out that is driving this. There is speculation about the oil rigs on

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-20829407037280064432007-10-08T14:50:00.000-07:002007-10-08T15:18:14.877-07:00

Currently I have a few more losers than winners in my portfolio. I have no problem ditching my winners and cashing in when I am up money but I find it hard to let go and sell at a loss.Here are a list of my winners right now:Apple (AAPL) up $163 (25%)Sony (SNE) up $64 (7%)Tim Hortons (THI.TO) $103 (6%)My losers include:Rutter (RUT.TO) down $67 (22%)Canadian Imperial Venture Corp (CQV.V) down $107

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-16588421458107370142007-09-29T08:23:00.000-07:002007-09-29T08:30:49.594-07:00

Well, since I last checked in I have made a few purchases. Decided instead of trading on margin anymore, I took out a loan to invest the proceeds.I've purchased AMD, SNY, YHOO, MMI.TO, LXK, AAPL and NT.TO.Unfortunately, I also shorted GM just before they went on strike, since a deal was reached I am now down 8%.The only real loser among the longs has been my penny stock Messina Minerals.

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-24318531377551850262007-08-28T14:50:00.001-07:002007-08-28T14:50:36.749-07:00

Argh! BMO reported today and profit was hurt because of the continued trading losses. Whats worse is that other banks (TD & RY) are posting great quarters that are beating analysts expectations.This is so frustrating because I only bought the bank to add stability to my portfolio, because banks are stable and cash machines! Ugh, I should invest with my gut - why would I ever invest in a BANK -

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-34302335080770475402007-08-23T18:30:00.000-07:002007-08-23T18:45:59.500-07:00

Nothing exciting going on with my portfolio today. I guess good news is no news after the past couple of weeks we have all had. Watched my portfolio do nothing again today - even though I have two penny stocks that could win or lose me a nice chunk of the portfolio, its still boring.Tim Hortons Inc (THI.TO) $1,700 - Still considering dumping this position and moving to something else. Been

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-26781208358885992232007-08-21T16:26:00.000-07:002007-08-22T04:49:00.779-07:00

Well, just as I thought about selling THI - Goldman Sachs came out and cut their rating for Tim Hortons shares. This is not good news for me as it is the largest position. In the article they say that shares have gained about 25 percent in the past 12 months. However, this is the NYSE shares, the ones listed on the TSE are actually down from where they were in January, whereas the NYSE 12 month

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-29310228152204619782007-08-21T12:25:00.000-07:002007-08-21T12:31:55.401-07:00

Nothing exciting happening today. Most of the portfolio is green but it always seems like the days that are green, the percentages are not that big. Lately it seems for every three green days it only takes 1 red day to bring my portfolio to inherent losses.I did see that getting out of VMWare @ $55 was wrong. Today it shot up to over $65 with an analyst comment, read more about that here.I am

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-17040726646438321592007-08-20T17:10:00.000-07:002007-08-22T04:49:18.629-07:00

As you can see, Tim Hortons is currently my largest position in my portfolio. Just as the market in general is volatile recently so has THI. It goes up a couple of percentage points and then just comes down. This position is so big that I am actually trading on margin. Originally I thought that Mastercard was going to help their sales (with no signature they can probably serve customers quicker

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-46887720739198325932007-08-19T18:14:00.000-07:002007-08-19T18:26:24.945-07:00

I read some articles this weekend saying that the subprime problems have not fully presented themselves yet and the worse is yet to come. This could be bad new as the North American markets have dipped 10% since this subprime issue came to light.Here is where my stocks stand entering my second week for the blog:.g {text-indent:3px;padding-right:3px;overflow:hidden;white-space:nowrap;

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-52277869295634598542007-08-16T16:51:00.001-07:002007-08-16T18:00:06.229-07:00

Wow, the markets all took a big hit early and rallied in the afternoon as bargain hunters tookover. I was a little late to the game but as my Bank of Montreal (BMO.T) took a beating all week I kept saying that there is no reason that they should be hurting because of this sub-prime nonsense because they are not affected! Then today, the bounce back - up 4.5%.The portfolio done nothing, about $600

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-75126697639356456322007-08-15T18:26:00.001-07:002007-08-15T18:33:57.936-07:00

I know I am spending way too much time looking at this one stock, but it interests me. Yesterday, I bought at pretty much the low and sold it at the high. But today, the stock went up almost $7 (13%) and now another $1.22 (2%) after hours. So the much speculated dying of hype did not happen today. However, reading the google message board many believe the hype will eventually die and the stock

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-35012394632755625372007-08-14T16:31:00.001-07:002007-08-14T17:37:31.651-07:00

I read about VMWare on Monday and how EMC would be putting 10% of the company on the market in Tuesdays IPO. They also came out late on Monday saying that the IPO price would be raised from the low 20's to $29 a share. Instead it went much higher than that.So this morning, I decided to try my hand at my first ever Initial Public Offering (IPO) - I decided to put in a limit order for 30 shares at

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com0tag:blogger.com,1999:blog-3549048623239575408.post-56615429400049069712007-08-14T08:28:00.000-07:002007-08-14T09:14:54.970-07:00

Below is my portfolio as it stands as of August 14, 2007. I will be discussing the stocks I purchase and my previous positions on this blog.Over the past year I have realized $650.69 of profit but my current stocks have unrealized losses of $334.18. My biggest loss was Bally Total Fitness (BFT), which really hurt (748.98) as they became delisted. I then made that up with the Pet Food scandel as I

dawgerhttp://www.blogger.com/profile/01083417011880945960noreply@blogger.com2