When you guys say you want tips and advice what are you asking for? Im pretty big into stocks etc so I watch everything that makes them move like a fox so I don't get wrecked are you looking for stock tips or general speaking about the market?
When you guys say you want tips and advice what are you asking for? Im pretty big into stocks etc so I watch everything that makes them move like a fox so I don't get wrecked are you looking for stock tips or general speaking about the market?
When you guys say you want tips and advice what are you asking for? Im pretty big into stocks etc so I watch everything that makes them move like a fox so I don't get wrecked are you looking for stock tips or general speaking about the market?
Might not have an relation to a forthcoming recession/depression, but news last night said Food Bank use is up 48.2% since 2008, that housing costs are the biggest stress and people are choosing to pay for a house over food. Many also cited a minimum wage lower than anyone in AB can realistically survive on. 42.9% of the Food Bank user are children!
I also found it interesting that our Bank of Canada governor - Poloz - told an auditorium of unemployed university graduates that they should work for free to beef up their resumes. What an idiot. That has never existed in my lifetime! From the day I got my very first job we have ALWAYS been paid for work. What an idiot..........and this corporate backed guy, is the one who calls a lot of the shots regarding the stability of our economy. Doesn't say much.
Like I said im into stocks so it's the same thing just im piling money into this vs just worrying a about job, house etc. For the most part the guys who are in a unsafe place in their careers already know it whether they admit it or not is another story. Look at the s&p 500 and the Dow Jones they are at all time highs. The usa keeps printing money and when that money comes back home it's going to wreck the usa once again. To be honest in this market there's a very few companies with special stories that i would buy into which are somewhat "safer". My big play right now is DVG divergent energy services they have a linear pump they are getting ready to start testing next week in the Bakken in southern saskatchewan and from what im hearing it's with one of the biggest oilfield companies in Canada. The pumps already been tested and it works it's been in the works for 10 years. It is perfect for our wells up here and will cut the cost of the old jack style pumps down drastically (I think 30% I forget off the top of my head). I have had some good runs this year with SEV, ENA (quick flip), and OEC and I decided to pile everything I have in this one. I plan on buying another 100,000 shares shortly if it don't ramp up in the next week im waiting on some other money.
Aside from that 2 more that I'm keeping an eye on is the hvu (scare meter) and jnug. Jnug will be a nice play im waiting till it drops more though it's such a sketchy market. If I was guessing I would say this market will go to about may 2015, there's only so many times banks etc can be bailed out.
The way of the world is always don't do anything until after the fact but like I said earlier the elastic band is stretched to the max right now but I do believe we have a bit of time although things can change overnight.
I was asked so I told i don't come to snow and mud to push my stocks jackass. I can see you will be one of the people with no house or food from your ignorance. Play what you like buy what you like if anyone has any better stock or market advice im all ears. I bought SEV at .35 look what it's at right now.95 and climbing. Technology is safer at getting in then oil and gas Etc. You can tell me im wrong but the market always jumps back into gold and silver metals etc in a crash because it's safe and when the rest of the world is hurting i plan on swooping in and picking up stocks that got wrecked for pennies on the dollar. The market blows right now it's not the time to buy anything unless you really know what your doing. Nobody can predict the end with the government bailouts happening all the time but it has to happen it's impossible for it to not happen.
Whoa! Take it easy there big fella. Don't get your lacy panties in a knot. I put a winkie face after my comment, so you wouldn't take it to heart. Didn't work, I guess. Hope you didn't need an ambulance ride for your heart attack there partner.
I thought this was a thread about a recession? Good thing you good your less then useful .02 in now you can feel like a big man.
Well i hope you do ok on your stocks and retire early, by yourself, somewhere else, on an island, not near people, cause trees and rocks might put up with your $hitty attitude. Thanks for the tips, me, I'm gonna pass on following your advice, so call me and taunt someday from your mansion, maybe you can spring a few bucks loose on personality lessons, or at least rent a sense of humour.
We'll all watch for your name on the Fortune 500 list. LOL.