InvestorsHub Logo
Followers 9
Posts 237
Boards Moderated 0
Alias Born 05/23/2014

Re: esad1 post# 16820

Tuesday, 01/27/2015 11:44:39 PM

Tuesday, January 27, 2015 11:44:39 PM

Post# of 48153
To be fair, Pinetree's holdings aren't all garbage. They are just holding the wrong stocks at the wrong time. A combination of factors has led to where they are now:

1. Precious and base metal exploration companies are highly speculative, risky, and have the potential for high returns. They are also heavily influenced by the price of gold. So even with stellar drill results, if the market is down, these companies just simply don't do well. Gold juniors have declined from their 2012 peak with a flat-line performance in 2014. Personally, I am bullish on gold for 2015.

2. Being invested in oil and gas sucks right now. On the flip side, a great buying opportunity is presenting itself for this year. But not so much for funds that are holding oil companies.

Pinetree's other major technology holding is POET Technologies. I actually looked into this one as well before being invested in Sphere 3D. They have very promising IP, but I believe they are behind Sphere 3D in where they are with monetization efforts. Still on my watch list.

KEK - No thanks. I don't get this social network let alone Vine. For the teens.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ANY News