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Thanks littlejohn, you and anyone mentioning this board surely will get 10% extra discount to book my place. I started to do airbnb in 2017 to diversify and reduce risk of stock investment. I was very active and made good money from multiple Airbnb listings between 2017 and March 2020, but my stock investment performance underperformed S&P 500 during this period, and this was the only 3 years period when my stock investment performance underperformed S&P 500. Since Coronavirus breakout, I listed two separated units only and delisted other 5 units requiring space sharing. As a result, my Airbnb income felt about 70%, but my stock investment has significantly outperformed the S&P 500 again. The conclusion: over diversification = diworsification.
Super proud to be a #Superhost on Airbnb! Book at the following link:
airbnb.ca/h/mainfloorsuite
airbnb.ca/h/backyardroombeautiful
I am too lazy to write a book, but here is the simple summary:
TSLA is the king of EV and AI, surprised no one else chose it on this board.
NXT: solar energy king
ALAR: Data mining king
APP: advertise platform king
SEZL: this buy now pay later firm is so sizzling
ARDX: this little drug company may rule the world one day
HRMY: dirty cheap drug company
SMCI: even musk is her customer
CNO.V: small is beautiful
DRX.TO: grow more efficiently.
I picked the stocks!
Thank you, SSKILLZ1!
I bought 5 times my original number of ALAR shares a week ago, and I had too many. So I have just sold 30% to diversify, even if it may rise to $100 in a year or two.
ADFJF CFO bought 1000 shares on June 21, 2024:
Issuer Name ADF Group Inc.
Insider NameBoursier, Jean-François
Relationship as filed with regulators5 - Senior Officer of Issuer
Transaction ID4334590
Filing DateJun 21, 2024
Transaction DateJun 21, 2024
Security TypeSubordinate Voting Shares
Transaction Nature10 - Acquisition or disposition in the public market
Ownership TypeDirect Ownership
Registered Holder
# or Value Acquired or Disposed of1,000
Unit Price or Exercise Price$15.490
Closing Balance69,700
ADFJF and HMDPF may break all time high shortly. Glad I added both in the past a few days.
gilead23, did you find other sold off Canadian companies due to the changing capital gain rate? After read your post, I found other two. Along with adfjf, they all rose a lot yesterday, and they may continue the trend for a while.
Congratulation for the free money!
Can not believe I could get her at price below 28 three times this morning! Here’s a statement from Alarum investor relations:
“Thank you for your inquiry, we want to begin by stating that, fundamentally, nothing significant has occurred within our company that would explain the share performance yesterday. We have no specific insights into the reasons behind the market's reaction. We are aware of a PR from one of our competitors, Oxy Labs, regarding their new product. Firstly, it is important to emphasize that the product mentioned in Oxy Labs' announcement of a competitive product is one that we have had for several years and represents a minimal portion of our overall revenues, it is not central to our business model or financial health. Our approach to compete in the market, is to continue releasing innovative products that answer current and future needs of the data market.”
SMCI business booming and doubling its capacity!
You are right. Oxylabs has been in business since 2015. I trust ALAR is competent. So I added at 25 and 24, unfortunately my buying order at. 23 was not filled.
NVDA took the crown from MSFT and APPLE, with 135.35, $3329 Billion market capitalization!
You are so fast and smart. I found the following possible reason: https://proxyway.com/news/oxylabs-launches-isp-proxies
MESA has below 2 PE going forward. But I only dare to own 2000 shares. This kind of deeply valued stocks have low price for reason: forward earning may disappear any time and it generally would last no more than 2 years.
Both MESA and ETCC's profit this quarter might be a 1 time thing. But MESA has more certainty because“While we still have work to do as we transition out of our CRJ-900 fleet and build our E-175 flying, we expect to remain cash-flow neutral for the remainder of the fiscal year. With an optimized asset base, our ongoing transition toward higher-margin E-175 flying, and the continued reduction in pilot attrition and strength in our pilot pipeline, we look forward to returning to consistent profitability in the future.”
How many shares did you buy? I bought 2000 shares only at 1.3. Similar to ETCC, MESA is low price but has lots of debt and uncertainty. I would not dare to put meaningful money.
Thanks SSKILLZ1, very interesting. TSLA would be my top choice of course. I am cracking myself up as well while reading your message.
I hate the trade I made for the stocks rising over 1000% afterwards, ex. I sold FTLF at 0.5 on Oct 17, 2018, now it is 28.51, and I sold META at $30, now it is $500!
Thanks for your valuable work, SSKILLZ1, Pick 4 Contest allowing trades may measure the ability of swift trading. But most contest attendants do not trade during contests. Could you calculate the result for the contest without trades, ie, use the original picks, at the same time?
Two sets of contest results: the one allowing trades measures the ability of swift trading, while the one based on original picks measures the ability of original picks.
80.33% votes supported the ratification of the Tesla
CEO Musk's performance award yesterday. Amazing!
NVDA $3.188 T vs. MSFT 3.282 T and AAPL 3.285 T
Closer to earning report for this quarter, higher chance she will rise dramatically, as this quarter is seasonally strong whereas last quarter was seasonally weak.
One possible reason why ADF Group CEO sold some shares so fast: Starting June 25, 2024, the capital gains inclusion rate will be increased from one-half to two-thirds for capital gains of over $250,000 per year for Canadians
Thanks for your finding. Bought back 1% of my holding I sold two days ago
You are right I shorted on May 14 and covered on May 15. My earlier message used the settlement day by error.
Implemented on May 15-16: Call, 60, Jan 17, 2025, sold at 21 and bought at 12
Besides, ETCC's management owns tiny shares, and earns small income. How could the CEO stay longer than 10 years in the job with his income far less than yours or mine and with no meaningful share holding, if he were a great manager?
ETCC indeed occasionally made some good money in some years (earning in some years was reversed with writing off in late years) but never lasted for years in the past decades. Therefore, for short term like a year, you may win more likely than not, considering they had a big contract for about $80-90 million. But in the long term like 5+ years, I am confident to win the bet more likely than not.
I need spend lots of extra time if I decide to follow KIK's method or his stocks. His investment strategy may be for short to mid term, requiring lots of time to monitor. If he indeed achieve great result in 10+ years, it might be worthy to follow.
Covered my shorted GME option position for the second time. If it rise over $50 again, I would short it again. This is the company that made lots of money by bought back own shares at very lower price and sold own shares at very high price, at the mean time lost lots of money in its main retail business. This is the only stock which I ever shorted and profitably so fast and nicely without any stress.
Any long term period such as 5 or 10 years you pick!
I share with you that KIK is great: catch new important information fast, act swiftly and shares lots of deeply valued sometimes bad managed small cap stocks. I bought the number of his shared stocks, made good money in some and backfired in others possibly I held too long. This is the reason why it would be interesting if he could generously share the performance of his best managed stock account with his strategy for long term such as 10 year period (he has no obligation).
SSKILLZ1: ETCC is the good example why allowing trades in Pick 4 Contest may lead to manipulation and make winning the Contest misleading and meaningless. KIK switched a position into ETCC at 1.46 for the Contest yesterday. Today at noon he posted a message here with only positive things about ETCC. Soon afterwards ETCC's stock price rose sharply. But he failed in mentioning any warning signs on ETCC's annual report: 1) ETCC has been in business for decades, but it has never distributed dividend to its common shareholders, it has cumulated deficit $17 million, its long term debt far more than cash, and it has accumulated Series E prefer share dividend obligation $5,34 million, there it is the long term assets destroyer for its common shareholders; 2) For the fiscal 2024, even if it produced $1.82 earning including prefer share dividend, its operating cash flow was negative -$3.7 million; 3) Its contracts largely are fixed cost, and thus may occur significant loss during high inflation period: 4) most of new contract and revenue are from foreign countries rather than USA, which may have high risk; 5) it is listed on pink sheet meaning high fraud risk, as its auditor wrote on its annual report "Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists..." You can see here: https://www.otcmarkets.com/otcapi/company/financial-report/405619/content.
ETCC has very small float only 3.64 million, daily trading volume was used only a few hundreds or a few thousands. One small shareholder could move its share price significantly by spend a few thousands only. So It could rise significantly in short term, with famous KIK's endorsement. But I believe it will go back below $1 in long term more likely than not. I am willing to put $1000 to bet with anyone disagree.
I sold 1% of my holding at the price close to top this morning purely for diversification, holding the remaining for long term. The golden rule: Let the winner run.
Insiders' partial stock selling is for asset diversification and estate planning purposes. If proposed 3 million shares are all bought back, the earning per share would increase by about 9% to $0.52.
Backlog: $427.5M + $90M = $517.5 > $510.9M on Jan 31, 2024, positive for me. Even more positive: existing customers become repeat customers.
ETCC: The earning last quarter was exceptionally high, but high debt, backlog at the similar level a year ago, and annual earning about $0.09 per share are the reason the share price may rise sharply today and eventually may go back the price last week. Swift traders may make lots of money, but not for slow traders like me.
wade: focus on the best performing account for the period at least 10 years. Ex. KIK performed remarkably in pick 4 contests, he picked knocked down small cap stocks with lots of trades, I bought some of his stocks, sometimes worked other times not. It would be interesting to see how his own most best actively managed portfolio has performed. I have four accounts: margin account, RRSP, RESP and TFSA. RRSP, RESP and TFSA are registered accounts, and enjoy tax saving/deferred advantage as long as no/little short term trading. My RRSP, RESP and TFSA with little trades and Canadian small cap focus have accumulated return of -28.8%, 439.31% and 184.72% since Jan 1, 2013, much worse than my actively managed margin account. It is ok, they are small and I spend little time on them. Besides, Canadian stock market did not perform well since Jan 1, 2013 with TSX 74.65% and TSX venture -52.55%.
Nothing could stop the Nvidia to become the most valuable company in the world, possibly today, because most top companies in the world are addicted to its GPU, just as we are addicted to iphone!