Hot stock tips

[cracked_ribs]

Definitely, big barrier to entry for anyone who wants to compete with any of those.

The one thing I don't currently like with Canadian bank stocks is their exposure to the Canadian mortgage market.

It's probably fine, but if there's a slowdown, boy, they're pretty exposed. I don't think there'll be a rout or anything, but usually I like them more than I do just this minute.

 

[Breakin"even]

Canadian big banks have huge reserves on hand since the great resession and are considered in good shape.
TD and Royal are my bank stocks.

 

[Breakin"even]

https://alb.reddit.com/cr?a=26503&b...F-S5-Gx7HF9lZRx_e23KWQTXH8ts5Oyug1nJTZBQkbg==

 

[Rain City]

The riskies stock in my portfolio is CXB a gold mining company based out of Vancouver. Been thinking about selling it Since it’s now doubled since holding it.

Sell it. Buy back in when it tanks.

 

[Rain City]

If you guys want something a little riskier LTE just released not so great financials. They'll probably dip again. Huge upside I think. I got in at 14 six weeks ago then sold at 29 last week. I plan on buying back in next week.

 

[ab1752]

Id keep a gold position for sure, mayne not a cse gold play but a bit up stream.

 

[ab1752]

https://alb.reddit.com/cr?a=26503&b=20537&c=3139&d=26503&e=20537&f=2854&g=1&h=460&i=1611898565442&o=1&q=1&r=7&sh=1080&sw=1920&t=1611898591937&w=640&z=gAAAAABgE3Sv_cOal3OjOQR19sCbu6BpkOb5ePLTEGI_tqNqHaEcZWuJber_OTk-tHwp8zxfqpyqacVGTMDRi757c9XUcIIo6Bol213yVyWh55s4ycPhAbt5LVvu1lWuzXKgFadh_ZK4bc1Hgiyjl3rGXgoLndwUSziwrr3uhDz3UaI9U8z_NT5swOw70tYTeEva7uDWlbhSMM1VNVP7JN4sMemQQu29TtzyicC-KE-n2e_i3U9VJiUAKqJSA2MyQ-gZAP9GbHbxuTKGCWPcCkbF8xZJ4cw6lWd4a5b8CtBnWdAXsP3_Qy9t60jqkGwUnZ3ofZcjDGhkTYzOsR9k4TvMlPqx4ecWHEiPUUY52X4fwUOrApqmoX0fTeCphNjkx84sVH_Qey1i9UWBUPgudBMEKIdc1JDUux5aVZtwv-YuR12cUDffD9-JONYyZpUB0a8VyppxmpILiAQzSt0MXCRO6A7APMC8bAGlnnJfu6c89gJdeLXAtfR1i1V7TCK4IYh4uMps213C2rYkmjMbRDt3RkzxFQS_BtCMQn9fwb6mKx_nOQlWZ3xkMDM6QITLayOGjGlG3heFbSTHTcrijn8jIVBgTibvQVHTxm6bNcYEVlY9jvJs1tOMdAfqqI0KsrgifYRxpQo8lrDaenYUIYmFtmZsU2sxU7o-hM4Q28WIezhLVkIap1gS-um7AUJVCyegsZ71MhPeCr1Wir1Z7eAKBOXYShuioZmDcOOW8YrVfFCy-bOHiPUmV378JdoBLbPhExIdmzD5AJQba4pjJvZqSlVe3TMWHPWRULF1t68DzkPGQXs_QiVWyVnw7wQ0ctB_4sPrMOMmGhE0D9KFn3qG7A7YinzMGd7GsEFDlbs09k-GsBgB1KnN6vbZKKuXqzpyvoUqcAsxRjKpTsbTKJgDgEek0uGXzvtRF_NzJwMy5N0NK8m0wVpfkWfNkMKEdQGReaOLnNryAYC4LbELYuQRV8EDBq7gVl50qzqhJ9roge-E8v86565_ok0HiJtTxBh8hwwacib3SOeAAxvoI_Of3BHZzc1xR4g4ewOGa9sRDeu3EZGijJIL0v5rlSAZQGPalteKwowI6t-Se6vhAqtbcgwCGzX3biVH_mw87w4GtRVUK5lwmiip7MpTHRn1k-cfstveO0UCY0x8DadxpN7uywWgQS3lE3dWAaOmyiw3SsfYypWTLh6XimVAkLfgOPJBKsHLFTXM_HPginaYOeclS2NdbXH9AsOLB5gUJ1qIf9hOeuKeg1T7Fx6OtvygRNyR62moFM9A7uvtaq-w0nS7gTBGcDsg4wEh1rVSA5J14IIQu212GkY0-wfR2OyZCaiKz_YGtNCLYYBY_itpq2IZjY0_cyrGExOeFzKJJoQ3vHsSPkZcbTjybZvGNVfvsECDT6Efd84W3nZLiYEQS6AMdhpQSwIsCdUVMTCGhUMoqzWU_6H_gRHlghYsIBMXLFw5qSjMkCi_CNBGwFl68vr0rOh13zRve8EKkcSpuZ_U5cvPS5z9KjMhEZdiT1y6MQ1RyIaFiSY8gktN0Y1ABlnX46deWDZE7IWdF-iBC0xA9SoEc0OanLRSn99hqDKjvY1j2powgbSX8r9uN_sJY5FGhHmmEjG9DddnWtYyblmuLo7g3-DTvjuJSPGr0ypvp8a8yxgbkebUhnylrq8GMf3cjh7poPkxDL2QUPQR5FSKlb7dilcVVShkt17ptjiASZksafh88PBWINc2ElbrY7mNZ5SdFI3WMKlFYYLm_-xQrZHpIWdWKHN4cK7P5iS8TT9LD6qGPp1ctAx1UJCGked4xirfPJZWhJ15Ngug-zXehUPdMdKC_DLtTZr95e3StASRy2dDoMtipIr2jdT7cz3MCl0USYB9C1f919t-aCIzExRErkj81HFh2oSksXzRgS8129aMos_HvuRp-Ed00PaWI_n_C3pLi0b7KMGJdDtAio9kr_kwaVNt25WXcHHBlfsaQHXcyuCnV_fe8b9nQ5NK1tgjEfT_E_HAaIiiMVS6j7aF95HsCrFnMXUMhHkIFNFyIsIIjYzKD4J0Co75y3F2EkfhnRrhShCpJXWbTlRs0dclIjfo_4dlN4O1zRC5Bfeipvj9cwzuDpEG806T1u41-7mxjHME2F-W-l9y0beCxGehwApynNxKIzjusJTJL6mqFyTjqC-YtFjr2fUsE3xaawqooPaKikln3YCcj9DXBY8Vfe61sPfl9jcHYXZL80mlzJMTS02E7VXCAAARXuc6WoYtdJ3ELYysLhOZcLYD2zc7-9lwyPo-TWxNi2nOZNAIqLMUmMMMDn9UwksttrEnvs8bWYpU9uflUaVVMf2iMJ5x8qYJeAfdf4yuPF0p4Vh-Ze6KRO1SIKjsE6bddshquDZd0OlIvFdt6sjl6y15RNWJdYAwdMXiS_ugaCc3aRjEazrECA6zvCQkXsBEZkq8PU_j2m-JQlNPo58YqVjtEK1u0AR1kvniS6STiii-SQdsxv943GxWUJxHIh54QPnua6XD2vDTsK33HXMWgewSPhfruzlerj0r37KxVW4F7Au4MaLJMSS0EnS1cNlFrLk9gogRHoCZD7up4QQCUqjziygctq7fC4q4KNIkBLNMKj6tAb80EbOvDcTovaJTtctji4aMhP-H3RtOMAJRdWTSk_kHDRiX4szp3lcRMdyOqM6Bqm4s5vXUxRXqns_6d8BFtqLZv7z5uydG9O_ZXLANtfKwH5AlOl-sRWFlbjKBa8whE_8JYyUhqzYsJ8l006k4n8Y65Eh6U1W03Pw9zYtpxILXfSYa4iJF-S5-Gx7HF9lZRx_e23KWQTXH8ts5Oyug1nJTZBQkbg==

I'm in it for the freebies.

 

[ab1752]

If you guys want something a little riskier LTE just released not so great financials. They'll probably dip again. Huge upside I think. I got in at 14 six weeks ago then sold at 29 last week. I plan on buying back in next week.

Just make sure you snag the right lte and not the dogshit one on the venture haha

 

[Rain City]

Id keep a gold position for sure, mayne not a cse gold play but a bit up stream.

I'm only playing with 10% of our account, because I have no idea what I'm doing. All my longs are with the broker. He won't play any "hot tips" for me

 

[ab1752]

Go cube!

https://twitter.com/x/status/1354613692239925249

 

[dradons]

I'm only playing with 10% of our account, because I have no idea what I'm doing. All my longs are with the broker. He won't play any "hot tips" for me

Sounds like you have a good guy.

 

[Rain City]

Sounds like you have a good guy.

He's an old client of mine and a great guy. Happy to pay the 1%.

 

[ab1752]

For the non burner account, I'm dealing with the same guy my parents delayed with since 1985. My mom liked him, my dad hated him so he kept other accounts, I'm doing the same with 2 other brokerages, one by choice and one by a benefit mandate.

When the time comes, I will likely consolidate all 3 with DS, a few years down the line, as I derisk. Mark is an ok guy but same thing, they run within the hard guidelines you establish when the account is opened as a mechanism of saving us from ourselves. Keeps me out of too much trouble.

 

[ab1752]

Sounds like you have a good guy.

1% is a decent rate for full service "no fees", which of course means you're definitely paying fees just not at point of transaction.

 

[wildmanyeah]

Gme! Gme!

 

[fish brain]

Is anyone buying SPAC's If so how do you choose one?

 

[Breakin"even]

SPAC investing has been less profitable for individual investors. Most SPACs underperform the stock market and eventually fall below the IPO price. Given SPAC's poor track record, most investors should be wary of investing in them.

 

[CBsqrd]

Is anyone buying SPAC's If so how do you choose one?

You are basically backing management and their ability to do a deal, so lot's of DD to make sure you are comfortable with the team. One of the problems with SPACs is that management often get's bogged down trying to find the "perfect" deal (since they have to get shareholder approval to spend the funds) which always takes longer than expected and investors lose patience.

Better off in my opinion to find a recap situation with a proven management team. (A recap is where a beaten down company replaces the management / board and is recapitalized by raising a bunch of new money from shareholders - usually institutional - backing the new team). They don't need a shareholder vote to do a deal (depending on deal size and what exchange they are listed on) so more flexible than a SPAC. Spartan Delta and Headwater Exploration are a couple examples in the Canadian E&P space in the last year that have done well. Can't think of any others off the top of my head out there that haven't transacted yet.

 

[fish brain]

You are basically backing management and their ability to do a deal, so lot's of DD to make sure you are comfortable with the team. One of the problems with SPACs is that management often get's bogged down trying to find the "perfect" deal (since they have to get shareholder approval to spend the funds) which always takes longer than expected and investors lose patience.

Better off in my opinion to find a recap situation with a proven management team. (A recap is where a beaten down company replaces the management / board and is recapitalized by raising a bunch of new money from shareholders - usually institutional - backing the new team). They don't need a shareholder vote to do a deal (depending on deal size and what exchange they are listed on) so more flexible than a SPAC. Spartan Delta and Headwater Exploration are a couple examples in the Canadian E&P space in the last year that have done well. Can't think of any others off the top of my head out there that haven't transacted yet.

Thanks for explaining it a bit more clearly.

 

[23Hourston]

Amc?