Penny Stock - TPL


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choomantar   
Member since: Feb 10
Posts: 42
Location: Toronto

Post ID: #PID Posted on: 11-02-10 17:48:55

I have been following TSX:TPL for some time and when it was 0.95/stk, I had a TIP to buy and to sell at 1.50/stk. This was almost 20 days back. It touched 1.47/stk.

Now the same has got some excitement again and now it’s expected to go up till 2.50/stk with the news in the market.

TPL: The News
http://www.globeinvestor.com/servlet/story/CCNM.20100208.584283_3/GIStory/

I had it at 0.95/stk and sold it at 1.45/stk. Now I again have it at 1.81/stk.

What does the CD Investor Experts think about it?

BUY/SELL or HOLD.


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I am an SWING TRADER not a DAY TRADER....

Disclaimer:
(Anything discussed in this Post is completely an individual’s view. The Poster does not hold any responsibility for this discussion. Please discuss with your financial advisor before buying or selling anything discussed in this Post.)


pratickm   
Member since: Feb 04
Posts: 2831
Location: Toronto

Post ID: #PID Posted on: 12-02-10 10:51:03

That news article is from Feb 8th.
Wouldn't it already be priced into the valuation?


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"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."

-- Rhett Butler in "Gone with the Wind"


choomantar   
Member since: Feb 10
Posts: 42
Location: Toronto

Post ID: #PID Posted on: 12-02-10 11:37:33

Quote:
Originally posted by pratickm

That news article is from Feb 8th.
Wouldn't it already be priced into the valuation?



Yes the article is from Feb 8th, but after that article the TPL has been increasing...and the Analists say its going to touch 2.50/stk.....

Today although the market is down but see TPL it touched 2.04/stk and now its on 1.93.....

Since I bought on a good price I am going to hold it for some time.....

What do you say.....


-----------------------------------------------------------------
I am an SWING TRADER not a DAY TRADER....

Disclaimer:
(Anything discussed in this Post is completely an individual’s view. The Poster does not hold any responsibility for this discussion. Please discuss with your financial advisor before buying or selling anything discussed in this Post.)


bazarbania   
Member since: Feb 10
Posts: 11
Location:

Post ID: #PID Posted on: 12-02-10 11:52:24

Yes I have been watching the same....also think it will go higher



chandresh   
Member since: Mar 03
Posts: 2606
Location: Toronto

Post ID: #PID Posted on: 12-02-10 18:47:10

What exactly is the difference between a trader and an investor in stocks?


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Chandresh

Advice is free – lessons I charge for!!


choomantar   
Member since: Feb 10
Posts: 42
Location: Toronto

Post ID: #PID Posted on: 16-02-10 13:30:47

Quote:
Originally posted by chandresh

What exactly is the difference between a trader and an investor in stocks?



As far as I understand.... read the link http://ezinearticles.com/?Trader-Vs-Investor&id=1655843" target="_blank">http://ezinearticles.com/?Trader-Vs-Investor&id=1655843

According to the link I am a Swing Trader.....


-----------------------------------------------------------------
I am an SWING TRADER not a DAY TRADER....

Disclaimer:
(Anything discussed in this Post is completely an individual’s view. The Poster does not hold any responsibility for this discussion. Please discuss with your financial advisor before buying or selling anything discussed in this Post.)


jonav   
Member since: Apr 07
Posts: 458
Location:

Post ID: #PID Posted on: 16-02-10 15:35:49

Quote:
Originally posted by chandresh

What exactly is the difference between a trader and an investor in stocks?



Chandresh, I'll give you my personal life example. At my wedding my father (since I was to move to NA along with my hubby) gave me cash as my "dahej" (instead of buying, car, ac, all other things he gave me the money). My wise husband bought shares with that amount and we till today (from 1999-2010) haven't touched them. The amount has quadrupled in these 10 years and I think I wait another 20 yrs for my daughter and I'll gift her in her trousseau. I'm an investor.

I buy them today and sell them the same day making a small profit/loss…I’m a Day trader.

I buy them today and keep them for few days or months and sell them….I’m a Swing trader…as Choomantar!!

Jona



Contributors: choomantar(4) pratickm(2) jonav(2) bazarbania(1) chandresh(1)



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