Saturday is Sterg's birthday. He wants to go to the ripper's. I am a little hesitant and anxious about the outing. You see, I haven't had any meaningful, female social interaction for the better part of a month now. I am afraid once I catch a glimpse of a dancer's cooter all hell might break lose. I may lose what little common sense I have and start busting out the credit cards and start spouting off bullshit and whatever line I can use to attract the interest of a fine female "companion" (when we all know the best line is " I gots money, bitch").
Yesterday I had to sell TRE. Watching its price drift aimlesly everyday, after the failed takeover, was like getting ass-raped by with someone wearing a fibreglass condom. With the sale, a complete lack of judgement took over and I bought 550 shares of TBC at 2.64. The only reason I bought it was because I wanted to see if I was the unluckiest motherfucker on the planet. TBC has had a pretty good ride the past month. I wanted to see if me buying the stock put a damper on its rise. This is not a long term hold.
Next week I signed up for a service where I do not have to pay full price for my trades. Starting monday I may shift where some of my money is. I may sell the TBC once it shows signs of weakness and pick up BVF. They just announced they dramatically increased their dividend and will pay a yield of over 6% a year. I may also pick up some BCE. 2007 forecast sounded better than expected and price has dipped to a level where their yield is now at 5%.
later skaters
Friday, January 19, 2007
Monday, January 15, 2007
that one hurt like a motherfuck
My plan to buy TRE and hold for the takeover offer blew up on me. Sure, things started out well enough. I bought at 10.11 on friday. Watched it go to 10.85 before the close. Sweet. I was all pumped to have the weekend over with so I can get back to work, ignore my responsibilites and continue to watch TRE rocket upward long and strong like an erection on viagra. But then... disaster. The fuckers that were supposed to buy out TRE backed out of the deal. The stock plunged downward. 9.60, 9.30, 8.90, 8.50, 8.30, 8.10. I felt sick to my fucking stomach.
I wasn't so much upset that I had then lost almost $500 (on paper), as much as I was pissed that I wouldn't have the pleasant distraction of waiting for a take out bid while bored out of my fucking skull at work. Anyway, the company is very profitable one and probably undervalued when compared to its peers so I will probably hold on and set a stop/loss between 8.25 and 8.50 and hope it never hits. Tomorrow may probably be another shit day for TRE, but I can always hope for a rebound. Oh, and by the way, TRE closed at 9.05, so not as bad as it initially looked, but still a kick in the nuts, for sure.
QC today went down another 8 cents. WIN up 12 cents. NEM up 11 and GDU.UN up 5.
Next post will be something more entertaining, I promise (hope).
I wasn't so much upset that I had then lost almost $500 (on paper), as much as I was pissed that I wouldn't have the pleasant distraction of waiting for a take out bid while bored out of my fucking skull at work. Anyway, the company is very profitable one and probably undervalued when compared to its peers so I will probably hold on and set a stop/loss between 8.25 and 8.50 and hope it never hits. Tomorrow may probably be another shit day for TRE, but I can always hope for a rebound. Oh, and by the way, TRE closed at 9.05, so not as bad as it initially looked, but still a kick in the nuts, for sure.
QC today went down another 8 cents. WIN up 12 cents. NEM up 11 and GDU.UN up 5.
Next post will be something more entertaining, I promise (hope).
Saturday, January 13, 2007
stuff I have been doing
Alright, the previous several weeks have been spent in self-imposed isolation. The reason for my seclusion, you ask? I've been studying the companies on the Toronto Stock Exchange in an effort to rebuild my once 100% kick-ass, totally fucking incedible, boner-inducing stock portfolio. Just about 3 years ago I shed a tear as I closed out my portfolio in order to put a downpayment on my house.
Recently, however, I've felt the ich to get back in the game. So starting 2 weeks ago and ending just last friday I totally fucking emptied my bank account and made my initial purchases. Whats the most I can lose...my house by defaulting on my mortgage payments? Perhaps. My job? Quite probably, as the last two weeks I've been logged in my investors account, while at work, and clocking the bid and asks by the second as the markets move up and down. The prospects of sticking my nose in the anime girl's asshole and eating out her snapper from behind couldn't tear me away from my computer monitor.
My purchases two weeks ago:
225 shares of General Donlee @ $6.85. This bad boy is presently trading at $7.50 and pays me a distribution of rougly 12% a year. If I had a gun I'd be busting gunshots right now.
800 shares of Neo Material Technologies @ $2.50. Presently trading at $3.04.
200 shares of Quest Capital @ 3.30. Now trading at $3.23. I may have fucked up the timing of this one as I think it may dip a tad lower. There is a report out on globeinvestor.com that says Quest is looking for a suitor to buy the company. I dont know if this is true or not but QC is certainly not trading like a company that is about to be sold (at least not yet anyway) . Either way, its a nice little company, I think, and if it dips below 3.00 I may have to start selling blood for xtra cash to buy more shares. We'll see.
My Purchases this past Friday:
175 shares of Sino-Forest Corp at $10.11. Closed friday at 10.85. Now this motherfucker is a company that trades like its about to be bought out.
320 shares of WIN @ $5.65. Now trading at $5.55. Very volatile stock that came out with some pretty good fucking numbers last week, in my personal estimation. This one could go alot higher, or alot lower. I have my stop/loss set in at $5.00. I may have fucked up the timing with this one as well. I guess I'll see further on Monday.
The above in in no way a pitch for the above companies. Just an explanation and the result of what I've been doing the past few days.
Recently, however, I've felt the ich to get back in the game. So starting 2 weeks ago and ending just last friday I totally fucking emptied my bank account and made my initial purchases. Whats the most I can lose...my house by defaulting on my mortgage payments? Perhaps. My job? Quite probably, as the last two weeks I've been logged in my investors account, while at work, and clocking the bid and asks by the second as the markets move up and down. The prospects of sticking my nose in the anime girl's asshole and eating out her snapper from behind couldn't tear me away from my computer monitor.
My purchases two weeks ago:
225 shares of General Donlee @ $6.85. This bad boy is presently trading at $7.50 and pays me a distribution of rougly 12% a year. If I had a gun I'd be busting gunshots right now.
800 shares of Neo Material Technologies @ $2.50. Presently trading at $3.04.
200 shares of Quest Capital @ 3.30. Now trading at $3.23. I may have fucked up the timing of this one as I think it may dip a tad lower. There is a report out on globeinvestor.com that says Quest is looking for a suitor to buy the company. I dont know if this is true or not but QC is certainly not trading like a company that is about to be sold (at least not yet anyway) . Either way, its a nice little company, I think, and if it dips below 3.00 I may have to start selling blood for xtra cash to buy more shares. We'll see.
My Purchases this past Friday:
175 shares of Sino-Forest Corp at $10.11. Closed friday at 10.85. Now this motherfucker is a company that trades like its about to be bought out.
320 shares of WIN @ $5.65. Now trading at $5.55. Very volatile stock that came out with some pretty good fucking numbers last week, in my personal estimation. This one could go alot higher, or alot lower. I have my stop/loss set in at $5.00. I may have fucked up the timing with this one as well. I guess I'll see further on Monday.
The above in in no way a pitch for the above companies. Just an explanation and the result of what I've been doing the past few days.
Friday, January 12, 2007
Download the Butter08 song "ButterFucker"...
...do it now, motherfuckers, cuz that shit will blow your fucking minds.
The Butter 08 concert I went to a million years ago may have been the best show I've ever been to. The evening started out not unlike any other. I was stealing booze from Mally's parents liquor cabinet and Mally was riffling through his mom's purse looking for money we could use to procure hand-jobs, later on that night.
The concert was at a small-ish venue called Lee's Palace in downtown Toronto. I drove as Mally proceeded to get fucked by drinking the majority of the hootch. The hootch was 75% vodka and 25% diet Fresca. However, after Mally finished with his share, the hootch was 65% vodka, 15% diet Fresca and 20% backwash. We parked about 15 minutes walking distance from the club and I hit my fair share of the hootch, also, as we made our way.
By the time we stepped in the joint I was rocking a pretty good buzz but Mally was completely fucking toast. He disappeared to the bathroom for the rest of the night.
Left alone in the club I was scoping the joint for pretty chicks to hit on when just about the ugliest girl in the world came up to me and said "I like your shirt". I was wearing my Jack Kerouac t-shirt. Its what I normally wore when I wanted to score points with the hippie chicks at school. Anyway, I cant remember the ugly chick's name but she was a writer from California. She travelled North America writing reviews of theatre productions, musicals, plays, ballets, and other shit like that. I told ugly writer chick that the only musical I saw was Cabaret.
Ugly Writer Chick: Did you like it?
Hootch: It was alright, I guess.
Ugly Writer Chick: What about Shakespeare? Do you like Shakespeare?"
Hootch: OOHHHH NOOOO WAY!! I didn't mind seeing Cabaret but I fucking hate Sharespeare. Yep, for musicals I definately have to draw the line at Shakespeare.
Ugly Writer Chick: Ahhhh... Shakespeare didn't write musicals, dumbass.
ack, I'm tired of this story. The night ended with Ugly Writer Chick blowing me off for some 90 pound cross between Jarvis Cocker and Rivers Cuomo, who thought he was cool because he wore a sports blazer and jeans. Fuckin douche.
The Butter 08 concert I went to a million years ago may have been the best show I've ever been to. The evening started out not unlike any other. I was stealing booze from Mally's parents liquor cabinet and Mally was riffling through his mom's purse looking for money we could use to procure hand-jobs, later on that night.
The concert was at a small-ish venue called Lee's Palace in downtown Toronto. I drove as Mally proceeded to get fucked by drinking the majority of the hootch. The hootch was 75% vodka and 25% diet Fresca. However, after Mally finished with his share, the hootch was 65% vodka, 15% diet Fresca and 20% backwash. We parked about 15 minutes walking distance from the club and I hit my fair share of the hootch, also, as we made our way.
By the time we stepped in the joint I was rocking a pretty good buzz but Mally was completely fucking toast. He disappeared to the bathroom for the rest of the night.
Left alone in the club I was scoping the joint for pretty chicks to hit on when just about the ugliest girl in the world came up to me and said "I like your shirt". I was wearing my Jack Kerouac t-shirt. Its what I normally wore when I wanted to score points with the hippie chicks at school. Anyway, I cant remember the ugly chick's name but she was a writer from California. She travelled North America writing reviews of theatre productions, musicals, plays, ballets, and other shit like that. I told ugly writer chick that the only musical I saw was Cabaret.
Ugly Writer Chick: Did you like it?
Hootch: It was alright, I guess.
Ugly Writer Chick: What about Shakespeare? Do you like Shakespeare?"
Hootch: OOHHHH NOOOO WAY!! I didn't mind seeing Cabaret but I fucking hate Sharespeare. Yep, for musicals I definately have to draw the line at Shakespeare.
Ugly Writer Chick: Ahhhh... Shakespeare didn't write musicals, dumbass.
ack, I'm tired of this story. The night ended with Ugly Writer Chick blowing me off for some 90 pound cross between Jarvis Cocker and Rivers Cuomo, who thought he was cool because he wore a sports blazer and jeans. Fuckin douche.
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