Mad Mike
Well-known member
I got burned in the Quadratix fiasco, no more bitcoins for me until there is some form of regulation.
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Stocks
- Thread starter Boots
- Start date
J_F
Guest
virtual currency is pure speculation
not that there's anything wrong with that
but I prefer value investing in companies that I can research
and look for low valuations that are not inline with potential
AC and CTC, 8 months ago, were obviously way undervalued
it's not always that easy to spot them
not that there's anything wrong with that
but I prefer value investing in companies that I can research
and look for low valuations that are not inline with potential
AC and CTC, 8 months ago, were obviously way undervalued
it's not always that easy to spot them
I don't know if it was that obvious.
AC could have easily bailed (and still might although it is unlikely). To be undervalued, they had to survive and get back to a reasonable capacity factor.
CTC website fell flat on its face in lockdown round one. Their curbside distribution wasn't much better. CT website was barely functional again last week. They are not likely to collapse, but they are not a shining star of retail if you take away in-store traffic. It looks like the pandemic is an extended bump in the road and won't change retail patterns forever but if it did CT would be hurting badly.
I had a significant amount of money (for me) on QCX, removed it two weeks before the exchange imploded.
I figured something was up when not too long before someone kept making huge buys way above market price.
J_F
Guest
yup
the CTC website crash was a big factor in the stock losing 50% of value
that's when I bought...they are almost back to their 52 wk high
summer sales were very strong as we got on with our lives (thanks CERB)
AC was def riskier, but I just couldn't see JT letting it fail
not a crown corp any more, but still considered our flag carrier airline
I'm in the black now, but could easily be another year to get back to the 50/share range
the CTC website crash was a big factor in the stock losing 50% of value
that's when I bought...they are almost back to their 52 wk high
summer sales were very strong as we got on with our lives (thanks CERB)
AC was def riskier, but I just couldn't see JT letting it fail
not a crown corp any more, but still considered our flag carrier airline
I'm in the black now, but could easily be another year to get back to the 50/share range
Bought VET.to at 3.34 still holding waiting on 8.00 and LSPD at 15 sold it at 50 last week
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Sold BB at 10.00 today sometimes automatic orders bit you in the ass but I paid 6 so all good anyway
People naming stock tickers need to think through what people find when they search for your ticker. VET, SCR, VERY don't return the stocks unless you explicitly add stock ticker or similar to your search. Searching for FLT, AMZN etc gets you straight to the stock.
When you say 200K, do you mean 200k shares or $200K worth?
Either way, he is doing well on these ones. IIRC, he had a less successful play in April that dropped $200K.
Yup got burned in April but back ahead on the year now.
Sent from my moto g(8) plus using Tapatalk
Dollars don't matter, percentages do. After about $5000, the commissions are a rounding error in the transaction. I just look at the security prices people post, the size of their position matters very little to me (unless someone managed to turn a normal person sized investment into a holy crap amount of money, that is interesting but still not important).
FRU.TO has been another good pick up at 3.81
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