According to projected future growth and method of valuations, the result will be different in the case of SNAP, for short selling I will never hold it for a swing trade (only a day trade) using the stock itself because it is too risky.
This is a continuation of my ideas in Cdn energy ( mid caps and juniors ) from October 2020. Still considerable value and excellent earnings from the following TSX stocks : BTE, ERF, GXE, WCP, ARX. Others have also recommended CPG and MEG. Speculative buys ATH and CR are more dependent on commodity prices. BTE just posted a massive quarter last night. ATH and GXE have made very recent surges in stock prices. Pull backs occur but there seems to be a broadening of buyer base now almost no fund manager would touch these stocks in 2020.
Hi Nine_Ender, This is my opinion on ATH: Price currently at weekly historical level in $ATH and we have RSI in oversold and a long weekly divergence, let we see how price react at the level >>
Short term trade for me ( eg Ukraine angle ) I think stock wants to test $2; earnings on Tuesday. BTE and GXE look to be gaining strength the last two days I prefer those two as a hold.
Market is constantly behind pricing these Cdn energy stocks to reflect WTI and their rapidly improving finances. So what we get is consolidation and sometimes pull backs then they shoot off like a cannon on big volume. They can test your patience.
And we caught the post that saw Canada get 2000 like for maple syrup and hockey! Woohoo! Captured for all time! So based on that post, and the timing of it... I predict GC will be at $2000 when something hockey! I am a GENIUS! Roffle (Sorry man, sometimes I get excited on BRN (Big Round Numbers)).
Dear Alan- Today I quit one of my jobs. I no longer cover stocks for Elite Trader. Occasionally I will ask you now for info. So I need you to keep abreast of current events. The Russians have been making the rockets for the space shuttle trips. Now some heathen in Russia is threatening to let the Space Station crash to earth<-- Yes they will turn off the engines and let it crash into America. Fine. We will blow that trash out of the sky<--- Going into business with Russia was a huge mistake.. That fathead of a President we had what an idiot he looks like now. We need a new supplier of Rocket engines. AJRD---- Coming off a failed merger this stock is trading cheap... Space X I believe is private... one of these two should grab alot of future work.... Please taker a look at Aerojet Rocket.....~ stoney
Dear Alan- I might be having a nervous breakdown. Dua Lipa tickets from Seat Geek..... I don't have them. I've already promised six kids. I hate technology Alan. They think they sent them or not them someone else sent them but we never got them. Lockheed Martin is the world's largest pure-play defense contractor. But they are also big in space, they are big on missiles, and they're big in missile defense. Aerojet Rocketdyne, meanwhile, is one of two major U.S. makers of rocket engine, scramjets propulsion system. Their products go into all of those missiles, space launches, things like that. The other one, Aerojet's largest competitor was Orbital ATK ( OA ), was taken out by Northrop Grumman ( NOC 4.00% ) back in 2018. Just recently, January 25, the FTC said they will sue to block Lockheed Martin's proposed acquisition of AJRD. Markets think the deal is dead. Aerojet Rocketdyne shares are down almost 20% year-to-date, 32% below the cash offer price right now. Now Russia cannot be counted on for propulsion systems to get to Space Station.... Does that make AJRD more attractive......
"Might be"?! Lol. Whatever. Just chill Stoney. F those kids and their parents. They can just get over it. Disappointments happen in life. It's a good lesson. Ya know we spoke of this before... that show "Ancient Aliens". I agree, the secrets of the world probably don't reside inscribed on the side of some 5000 year old obelisk in the jungles of S. America... but the show does highlight some very important (and well documented) occurrences. And they center on one thing. Top of the list>>>> verifiable ufo sightings have all seemed to correspond with heightened nuclear activity. Now we have no idea really what Putin or the West are really up to behind the scenes, but if they are warming up the nukes "just in case".... we might just get a few more "sightings".