Stoney I said this earlier, but I'm gonna say it again. And bump it to the top of our thread so the overnighters can read it. All percentages and dollar gains aside... and outside of your (sometimes ) incredible biotech calls.... I really think this is one of my favorites. Every fricking retail clothing operation has been smashed.. but you called this out on May 3rd... way before we even knew that would be the case . You've had a lot of good calls Stoney... but for some reason this one is in my top five. And by far and away, the best call in this thread to date. Like I said, percentages and dollar gains aside. This one was pure Peter Lynch, especially because you know the biz. Ya still gotta love my reply to the initial post.
Q I was messing with Stoney, what a day! BIG did not crumble like I thought they would. All ETFs and funds buying dividend stocks have to dump or at least I thought.
Geez, I paid Stoney the nicest of compliments, and he doesn't even post today. One of his stocks must have plummeted. That... or this... The Lizard King isn't doing real well in 2023. Kinda like the Chicago Bears in 2022. What was their record again Stoney?
Ah-hah.... I didn't have to look very far. LFCR---> $7.94 What is that? Like an 11% drop from $8.99 in one day? I bet I would have heard about it daily for the next 2 months had PZZA dropped $7.72 in a day.
Strange week for Cdn energy most of the stocks did nothing despite higher Oil prices and mostly good leading indicators. This is why I sold CPG despite decent fundamentals ( I got $9.30 Cdn which was a good guess ). Maybe the fires are a temporary negative catalyst all I see is the stocks are ignoring higher Oil prices lately and that inventory number should have been a positive catalyst ( especially considering the SPR dilemma ). In this kind of environment, range bound trades on mid to small caps seems best and stay off the larger names except as one year investments. Now if Oil makes a larger move say to $80 then we may see some decent stock moves regardless.