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Hobble

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Posts posted by Hobble

  1. 1 hour ago, NucksPatsFan said:

    So you recommend Northland, as you're currently with them? 

     

    I haven't pulled the trigger on Questor either. I've read they're trying some innovative things that can cause a spike or collapse in their share price. Makes me hesitate incase they try something that isn't accepted.

    I will be holding Northland power for the foreseeable future, but I have recently read some cautionary articles lately regarding their project long-term agreements.

    Other good options might be Algonquin Power and Brookfield Renewables.

  2. On ‎2018‎-‎08‎-‎14 at 8:31 PM, NucksPatsFan said:

    As the 3rd quarter passes it's mid point and we come up to the 4th Q of 2018 - what are some of your guys/gals picks that you're looking at investing into/monitoring?

     

    I'm liking some of the news coming out of Blackberry and some of the projects they have on the go. They were also on a Top 3 recommendations list on Yahoo Finance.

    Questor Technologies is another one I've been looking at but haven't pulled the trigger yet.

    I read about them in a few articles, and have added them to my Watchlist, but I don't have the capital or the time to read about them right now. While their business and goal is right up my alley, I just can't pull the trigger either. Have you read about any of their pro/cons or future outlook?

     

    On ‎2018‎-‎08‎-‎26 at 10:56 AM, NucksPatsFan said:

    Is anyone invested in clean energy/alternative energy?

     

    Three I'm researching and possibly investing into one of them this week are:

     

    Northland Power

    Innergenix

    TransAlta

     

    Any one have experience with either of these 3? Or another recommendation? 

    I was at one point or another invested in all three, but I narrowed it down to just Northland Power, as I appreciate their monthly dividend that is well covered by their cash flow, and they seem to be having some good international growth on the way. Innergex seemed like another good choice, but Transalta Renewables seems to be toiling in the basement for awhile.

  3. I am interested to hear which companies are focusing on using the hemp as well for other manufacturing. Have any of the big marijuana companies expressed any interest in this?

     

    I've also heard of a company called Micron Waste Technologies. It is a small cap company, but focusing on using organic methods to break down waste, and has apparently brought forth a technique to break down cannabis waste to Aurora. Does anyone have any insight on this company? I haven't had a chance to do any reading myself, but if they have some sort of IP this could be a valuable company in future!

  4. On ‎2018‎-‎06‎-‎20 at 1:23 PM, Tortorella's Rant said:

     

    Which ones? 

    Major positions in Canopy, Aurora and Aphria, and a minor position in Delta9 (local Winnipeg company).

    Tempting not to cash in when you see >100% profits in some positions, but I think all those companies will see some major growth.

     

    I don't see how some people are cashing out before we even get the first revenues generated. Canada is only the 1st (or rather 2nd) milestone, as the world will slowly progress to more commercialization of marijuana!

    • Upvote 1
  5. 4 hours ago, nuckin_futz said:

    Anyone paying attention to whats going on in Argentina? The contagion is spreading to other Latin American regions. If it doesn't stop soon it's going to be hard for global markets to ignore.

     

    Argentina central bank: You call that a hike, this is a hike

    Argentina's central bank raises rates by 675 basis points

    The central bank in Argentina is in full-on panic mode as they try to stem a run on the currency and runaway inflation.

     

    They hiked 300 basis points last Friday, another 300 basis points yesterday and now 675 basis points to an even 40.00%.

    That's a whopping 1275 basis points in a week.

     

    Despite the moves and aggressive FX intervention, the Argentine peso is getting absolutely clobbered.

     

    ars.png

     

    There are some heavy flows out of Argentina, undoubtedly, and it's all flooding into US dollars. There's a risk of contagion to regional markets and other emerging markets.

     

    In the past 5 days, the peso is down 9.3% with most of Latin America down around 2%.

     

    https://forexlive.com/centralbank/!/argentina-central-bank-you-call-that-a-hike-this-is-a-hike-20180504

     

    **************************

     

    Word is the Central Bank in Argentina has been intervening heavily to support the Argentine Peso and been getting run over. 

    Wonder if this would negatively affect a bank like BNS, that has heavily invested in Latin America.

  6. 8 hours ago, Tortorella's Rant said:

    Doing RRSP for the first time later today with max contribution, medium-high risk. My uncles are very well versed in it and speak highly of doing so, particularly as young as possible. Already got TFSA for years now. It sits a little uneasy with me though because of the price of practically everything nowadays, especially housing, and there's all this money going to my RRSP although which you get that tax credit for it, it's money you aren't supposed to use until you retire. So with x thousands of dollars there every year.. makes buying a house even more difficult now than it already is..

    Tiny home.

  7. 1 hour ago, NucksPatsFan said:

    Anyone else take advantage of the value village type bargain deals last Friday? Was able to lock in at 7.72 for ACB and 13.56 for APH. 

    Bought another 100 shares of ACB. APH and WEED didn't fall far enough to make it worthwhile.

     

    Personally, I'm hoping Magna International keeps dropping so I can establish a proper position in it. (I know its taboo to talk about investing in equities other than pot right now :P)

     

     

    • Upvote 1
  8. 2 hours ago, NucksPatsFan said:

    I believe the merger is expected to be finalized in 3-5 weeks (could be wrong) and they will probably stop selling cmed shares before that. 

     

    Personally, right now I'm sticking to my big players in ACB and APH. At the recommendation of a friend I bought $500 into LHS which I'm painfully regretting now. It's my fault, not his, he didn't make me. But it was a blind buy without even looking up what LHS is. I'm hoping when the curve goes the other way, LHS follows and at least makes it back to break even for me. 

     

    Market will be a buyers market for a couple more weeks me thinks, until news starts coming out again. Kind of in a dry spell news wise, but first last quarter earnings reports, acquisition reports, and the final bill reading in senate are all upcoming which will create buzz around the stocks again. 

    I bought another 100 shares of ACB. Will buy more Canopy if it keeps calling near 18. Otherwise I will just keep gathering some cash. Renewable energy companies, which is my over major focus, are all dropping too, leading to some attractive yields.

  9. 44 minutes ago, NucksPatsFan said:

    Hmm, APH at 15 and ACB at 10 would be hard to pass up then.

     

    You could also invest in CanniMed while you still can, and when the merger is complete, you'll get 3 ACB shares for every 1 cannimed share you own 

    Yeah, I've never experienced a buy-out/merger with my investments before.

    That would be a nice strategy, as ACB is shaping up to be a rival to Canopy, though with much more share dilution. May just look into that. What is the deadline for that?

    Fingers crossed Canopy eventually has a stock split.

    Any opinions on Abcann? I find it attractive due to its exposure to Canada, Europe and Australia. Last few weeks it had been jumping 10% each day it seemed, but now it is tanking back with rest of them.

  10. 1 hour ago, NucksPatsFan said:

    Averaging out your cost per share may not be worth it if you have a really large amount of shares that were bought at a very low pricepoint (sub $4)

    Oh no, I wasn't that lucky!

    I only have 100-250 shares of each.

    AVGs are around 7 (APH), 6.5 (ACB) and 18 (WEED, bought more back in january, hiking up average). Only working with a few grand or so between them, so not huge stakes yet.

  11. I have a relatively sizeable portion of my portfolio in WEED, APH and ACB which are all taking a beating recently.

    I am long, so this doesn't worry me. But I am wary of whether I should increase my current position or not. They are already probably close to 50-60% of my portfolio.

    I was planning to let them ride for a while, and then cash out half of my positions to divest in ETFs/dividend stocks, but this large of a correction is quite tempting to take advantage of if they are expected to surge back up.

  12. 5 minutes ago, Ryan Strome said:

    This was never brought to the table during Harper's 10 years as PM and Scheer has repeatedly said it is a non issue if he becomes PM. It seems to be a scare tactic by the left. 

     

    As far as religion goes what they choose to believe is none of our concern even JT and the Liberals agree with that.

    Their beliefs are not of concern, but how they let their beliefs guide their decisions in regards to public policy can be (eg. Christian aversion to abortion, contraception).

    Maybe I am mostly extrapolating US/Republican views to our Conservatives, and maybe they don't take all of that as seriously, but it just seems like when I've heard a politician go off against some of these freedoms, climate change, etc., the majority of time they are Conservative. However, I do understand that ignorance and/or greed are not unique attributes to Cons, so each party has their bad eggs.

    All I know is that Harper's Conservatives couldn't give a damn about environmental regulation and scientific funding, which are key positions for me. From the impression I get, I doubt Scheer's guidance would be any different.

  13. 19 hours ago, Vanisleryan said:

    1150% better than 3%

    That's probably what I'll do in a year or so, when I get a good grasp of everything.

     

    Just worried that once the TFSA is filled up, then things get a little more complicated, nevermind other options related to retirement that I am currently unaware of.

     

    However I know over the long term it would be better to just take those few thousands and invest in VFV/VOO.

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