Hot stock tips

I have lots of US stocks in my TSFA, The dividends are subject to withholding tax and my brokerage takes them off.

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in an RRSP holding us stocks are not subject to withholding tax to do tax treaties with the USA for RRSPs.
 
Bryan Allen said:
Hey I just found a bunch of BRICK shares stuffed behind the couch cushions-- am I rich now ???
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Are they in mint shape? Maybe you can trade Horgan for a case of beer.
 
Deewar25 said:
much nicer day without all the dumb reddit stuff - SNDL, CCIV, ONCT, DMTK, TDAC, FUBO pennies BLDV and SGSI
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What's everyone's thoughts on Suncor? I can't help but think they'll rebound. Thought about buying more today.
 
Rain City said:
What's everyone's thoughts on Suncor? I can't help but think they'll rebound. Thought about buying more today.
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Personally, I think it could be a good buy but I would stand on the sidelines for the next dip. Suncor has a long road ahead, imo.
 
ab1752 said:
Personally, I think it could be a good buy but I would stand on the sidelines for the next dip. Suncor has a long road ahead, imo.
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Yeah just the earnings I'd be gambling on right away. After that I think you're right.
 
Rain City said:
Yeah just the earnings I'd be gambling on right away. After that I think you're right.
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Earnings on the 3rd but I’m sure you know that. I’ve been in and out several times since it tanked last year. I took a healthy position last month and waiting until after ER for a bit. I may reduce my position a bit but also tempted to not look at it until second quarter this year and take an easy 30% minimum. It’s a lot easier on my nerves than some of the crazy rides I took during Covid....lol. However those restless nights and a few lucky timings might have shaved a lot of time off the career.
 
ReelSlim said:
Earnings on the 3rd but I’m sure you know that. I’ve been in and out several times since it tanked last year. I took a healthy position last month and waiting until after ER for a bit. I may reduce my position a bit but also tempted to not look at it until second quarter this year and take an easy 30% minimum. It’s a lot easier on my nerves than some of the crazy rides I took during Covid....lol. However those restless nights and a few lucky timings might have shaved a lot of time off the career.
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Im right there with you.
 
Rain City said:
Im right there with you.
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For what its worth I was talking to a dad on my sons hockey team this weekend that works at Suncor base plant. They are receiving a bonus this year. He said it was slightly reduced but a sign perhaps that the 4th quarter results are decent?
 
ReelSlim said:
For what its worth I was talking to a dad on my sons hockey team this weekend that works at Suncor base plant. They are receiving a bonus this year. He said it was slightly reduced but a sign perhaps that the 4th quarter results are decent?
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Haha I had a very different conversation with one of the shovel guys. But who knows. One thing they're good at is making money.
 
Unreel said:
Heres my take on the gamestop thing. This will come crashing down at some point, its inevitable, just depends when. And when it does there will be thousands of people if not millions, mainly very young first time gamblers, yes gamblers, this isnt investing, its not trading, its gambling, that lose everything. Ive seen so many posts on reddit and stocktwits from young kids saying they are putting everything into buying one or 2 shares of gme. Others ive seen taking their entire paychecks and buying no matter the price. People saying their rent can wait, there food can wait, can i buy with my credit card etc. So many posts asking how they buy game shares, asking what shares are, where to buy a share etc. Kids need to be taught about finance and the markets in school, which they aren't, they dont need to learn like this, its pure gambling, and the longer you play the more chance you have to lose it all. Some of these people have made tons of money and cashed out, good on them, no one ever got hurt taking a profit. This all started by this group on reddit seeing game as a massive short squeeze opportunity and they could make tons of money and destroy the main short holder. Done, they won, you shot the price up 1000% in a week and the major short folded. Now the goal posts move again, now its about this, its about that, we need to double, triple the price from here etc. Endless false info is now being pushed on reddit and other places trying to convince these people they will hit the jackpot friday, oh now its monday, maybe tuesday, now weds etc etc. Saying set your sell limit to $1000 and monday they will pay you $1000 for your shares, saying shorts have to cover on monday, no now tuesday, now thursday and on and on. Those short positions have no cover by date, they can hold for months and years as long as they can pay the interest. This whole thing is about buy and hold right, well that only works if you continually bring in new buyers, and at some point the buyers will dry up and the selling will take over. I watched a thing on CNN last night about a guy who put $4500 into gme and options about a year ago, his account is now worth over a million dollars. This is a 30 year old that lives below the poverty line. Hes a millionaire now, but he hasn't sold any, I couldnt believe it. Hit the sell button and your a millionaire, but no, he wants to make more and see how much more he can make. Maybe im the dumb one and it will double again, or triple, but my god greed is not a good thing and will hurt many many people here. Ive watched people in the casino go up $5000 off $100 on blackjack and not know when to walk away, then they lose it all and put more money down. And for those that say oh they know what they are getting into and prepared to lose it all? Bs, most have never lost any money in the market let alone every bit of savings they have. Ive been down 60% on my portfolio before and also taken big loses financially in life, its a horrible feeling and don't wish it on anyone.
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Totally agree with the selling when you’ve caught it in the way up. Cash out and look for the next one
 
ReelSlim said:
Earnings on the 3rd but I’m sure you know that. I’ve been in and out several times since it tanked last year. I took a healthy position last month and waiting until after ER for a bit. I may reduce my position a bit but also tempted to not look at it until second quarter this year and take an easy 30% minimum. It’s a lot easier on my nerves than some of the crazy rides I took during Covid....lol. However those restless nights and a few lucky timings might have shaved a lot of time off the career.
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I don't understand where you can make 30% Except for a few dipsydoodles Suncore has traded lower for the last two years. The price of oil peaked in 2014 and has not returned, according to all accounts the world reached peak oil in 2020 production, will only go down from here. They have some token attempts at low carbon and renewables, a 4% dividend, but I don't see a cash cow here. Please feel free to explain what I am missing
 
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