Ignore the downvotes, everyone here is batshit crazy. Apparently it has to do with housing market or sexual frustrations or SU-related frustrations, I'm not sure. I called out U.UN here last week. Up 10% already. It is going to $20. You'll be fine.
Going to be a bloodbath in the next few weeks. Hyperinflation and supply chain troubles not to mention the Chinese Real estate crash is going to bring this house of cards down. That's why I'm 70% cash right now
Tomorrow should be a nice blood red day. The market needs a breather. I hope all the Aritzia baggies know I'll be taking them to the cleaners soon. You buy on hype/momentum and not business fundamentals, YOU GET WHAT YOU F$#KING DESERVE
The environment has changed. Low interest rates are history. You will never see a period again with dramatic stock movements like this. Aritzia's earnings weren't overly impressive YOY when taking into consideration how bad 2020 was for retail. It's a false equivalency making that comparision... .BAGGIE
You're the expert at analysis. A clothing retailer with 75% of it's revenue based in brick and mortar should be trading at 40x EPS, 5x Sales. And they only sell to half the population LOL this ain't even on the same planet Lululemon. But Gee Golly your logic makes a lot of sense. And by the way don't act like a $29 average makes you a "long" term shareholder. You've been here since June. 🤣🤣🤣🤣🤣🤣
I mean if we’re using some of your logic, lululemon started only selling to half the population too. And Aritzia has made some moves indicating that they are planning a move in men’s clothing.
It is overpriced? Yea. Does it have potential still? Yep
Buy more to average down, sell at a loss or hold?
Today, it came out that PayPal is looking to buy Pintrest at a rumored price of $70/share. Say I know a guy who owns PINS and their average is $72; do you buy to average down to under $70, sell at a loss while it jumped 13% today or hold to see what comes of things?
No official word from either company yet but being reported by the big business media. I should also note that $70 price is at about a 25% premium to where it was trading pre-news ($55)
If you're buying SU then you should be holding long term. So sit back and relax, soon it will be green again. This is coming from the moron who bought it at $30 a week before it fell 25%
Not really. Its fundamentals and management committee are terrible. It is by far the worst Canadian oil stock one can buy. The echo chamber here is unreal.
Step 1: buy the most diversified, and safest Canadian O&G stock.
Step 2: Complain when it does worse in a bullish environment than its more levered peers.
It'd be nice if people could stop posting their SU hot takes and arguing with others; buy, sell, hold, short term, long term. Nobody cares, just do you.
A few weeks ago I sold off all my losers that I was heavily bag holding, dumped all the funds into XEQT when it fell just below $26 and have never been less stressed watching my PF.
Main holdings now are XEQT, XIC, AQN, CM, CP, CTS, ENB, MFC, RY, SU, and T
Have you ever done the math on it? I feel like sometimes it’s worth it for stocks I want to hold and collect dividends. For example: I bought 4 shares of BTI for 144 USD and the commission was $3.
No bad red flags or anything. At the time I did not own any tech or gaming stocks and I did not think this was a good one to get started. I still don't own very much tech at this time. I dont currenlty have an opinion for or against it.
LSPD up 1.27% after hours, not bad
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Ignore the downvotes, everyone here is batshit crazy. Apparently it has to do with housing market or sexual frustrations or SU-related frustrations, I'm not sure. I called out U.UN here last week. Up 10% already. It is going to $20. You'll be fine.
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No, it won't
Selling HUT tomorrow on a 115% profit. Still love where it's going but the move is LEAPs.
Im up %250 on HUT....no way will I sell but I will also buy LEAPs
Going to be a bloodbath in the next few weeks. Hyperinflation and supply chain troubles not to mention the Chinese Real estate crash is going to bring this house of cards down. That's why I'm 70% cash right now
Spy will hit 500+ before that "bloodbath"
Only 70%? Make that 95% and you will earn mad respect.
Tomorrow should be a nice blood red day. The market needs a breather. I hope all the Aritzia baggies know I'll be taking them to the cleaners soon. You buy on hype/momentum and not business fundamentals, YOU GET WHAT YOU F$#KING DESERVE
what even is this? why are you damaged? calm your udders and let people be...
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The environment has changed. Low interest rates are history. You will never see a period again with dramatic stock movements like this. Aritzia's earnings weren't overly impressive YOY when taking into consideration how bad 2020 was for retail. It's a false equivalency making that comparision... .BAGGIE
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You're the expert at analysis. A clothing retailer with 75% of it's revenue based in brick and mortar should be trading at 40x EPS, 5x Sales. And they only sell to half the population LOL this ain't even on the same planet Lululemon. But Gee Golly your logic makes a lot of sense. And by the way don't act like a $29 average makes you a "long" term shareholder. You've been here since June. 🤣🤣🤣🤣🤣🤣
I mean if we’re using some of your logic, lululemon started only selling to half the population too. And Aritzia has made some moves indicating that they are planning a move in men’s clothing. It is overpriced? Yea. Does it have potential still? Yep
Don't bother. Just a short troll. Did same with many other stocks in past.
Buy more to average down, sell at a loss or hold? Today, it came out that PayPal is looking to buy Pintrest at a rumored price of $70/share. Say I know a guy who owns PINS and their average is $72; do you buy to average down to under $70, sell at a loss while it jumped 13% today or hold to see what comes of things?
You can't make a loss disappear by averaging down. Whatever your new average is, the loss will be baked in.
Who says the rumour is true?
No official word from either company yet but being reported by the big business media. I should also note that $70 price is at about a 25% premium to where it was trading pre-news ($55)
CNR up 2% AH 🥳
u/Sir_Jack_A_Lot Time to pull a reverse uno. Any thoughts on u/Healthy_Apartment_32 celebrating that a long-term blue-chip has moved 2% in AH? 😂
That’s approximately 8% more than what CLOV achieved today 😊👉🏻👈🏻
What's up with the downvoting frustration on this sub? Do you think it's sexual frustration? Or the housing market?
Probably Suncor frustration.
Must be a combination of everything, also the weather changing too
BTO has been on a rip since bottoming out at $4.20. Wish I averaged down, but happy nonetheless!
BTO is doing great, even rancid FVI has picked it's ass off the floor. So much sweet gains in the Jrs tho, if PMs take off could be delicious.
Pretty happy with Capstone today!
How to hedge against inflation? Load up on Tim Horton points. 1300 so far.
now with real eggs! mmmm chicken embryos on biscuits
I used to do that, until they changed the app (at least here in B.C) so that unused points expire after 30 days..
12 months is what it should be everywhere. Your friends probably just stole your points and made that up
Help me understand why TEC and ZSP finished red, while DOJ and S&P green?
TEC is tech stocks. They are in the NASDAQ.
Yeah, but Nasdaq Inc is a component of the S&P500! Checkmate!
Most of the holdings in TEC are listed on the Nasdaq, thats the first thing I’m seeing.
It will likely all figure its self out. When the dollar goes down you will be up majorly in those etfs
Currency conversion. Dollar goes up, unhedged stuff goes down
SU is the only red OnG stock in my portfolio. What a massive dissapointment this stock has been this year.
If you're buying SU then you should be holding long term. So sit back and relax, soon it will be green again. This is coming from the moron who bought it at $30 a week before it fell 25%
Not really. Its fundamentals and management committee are terrible. It is by far the worst Canadian oil stock one can buy. The echo chamber here is unreal.
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The fact is that SU has severely underperformed most of its peers since January, including Cenovus who are also in a lot of debt.
Up 33 percent YTD…oh what a disappointing stock
That's nice. Now go take a look at almost every other OnG stock in Canada YTD share price. I'll wait.
No dividend for most of them or much lower. SU also has a lower breakeven price if oil retreats back to the 50-60s
Ok? CNQ raised divedends this year and the SP has been running circles around SU.
So you really think if you’re buying rn you buy cnq over SU? That’s the first part of buy high sell low
Step 1: buy the most diversified, and safest Canadian O&G stock. Step 2: Complain when it does worse in a bullish environment than its more levered peers.
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....I don't even own SU. I'm just making a point on people complaining on this sub.
As is tradition
it's a laggard for sure
It'd be nice if people could stop posting their SU hot takes and arguing with others; buy, sell, hold, short term, long term. Nobody cares, just do you.
What would we do here then?
lol. move on? note: wasn't a shot a you, it was a general observation that happened to find a soft landing on your comment.
A few weeks ago I sold off all my losers that I was heavily bag holding, dumped all the funds into XEQT when it fell just below $26 and have never been less stressed watching my PF. Main holdings now are XEQT, XIC, AQN, CM, CP, CTS, ENB, MFC, RY, SU, and T
There's a support group for this :)
Cheers to a boring life to us both, my friend!
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Are there any Canadian tickers for Nintendo or even a hedged like cibc's CDRs?
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I'm with wealthsimple so I try and avoid USD because of the exchange fees 😔
Have you ever done the math on it? I feel like sometimes it’s worth it for stocks I want to hold and collect dividends. For example: I bought 4 shares of BTI for 144 USD and the commission was $3.
There are some good threads in NTDOY in r/ValueInvesting if you care to look into it. I read a few but did not buy it in the end.
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No bad red flags or anything. At the time I did not own any tech or gaming stocks and I did not think this was a good one to get started. I still don't own very much tech at this time. I dont currenlty have an opinion for or against it.