Bloodbath in the stock market, how will it effect your pooning?

[OneLuckyGuy]

If you are under water then hold your breath and ride it out.This a panic selling market and only idiots are losing money.Treat this as a buying opportunity and no the blood bath is not over yet.

Keep your eye on Teck Resources...if it hits $4 a share buy as much as you can and hold it till it bounces back and it will.

SR

Thanks for the tip storm rider.
Teck B class shares closed yesterday at $8.71. I almost jumped at that price but wanted to hang on for a bit. Today they are trading at $10.21 which is a rise of nearly 17%. Would have, could have, should have. It would a nice profit for an overnight investment.

 

[SashaNat69]

Thanks for the tip storm rider.
Teck B class shares closed yesterday at $8.71. I almost jumped at that price but wanted to hang on for a bit. Today they are trading at $10.21 which is a rise of nearly 17%. Would have, could have, should have. It would a nice profit for an overnight investment.

I think gold in a long run...

 

[storm rider]

Thanks for the tip storm rider.
Teck B class shares closed yesterday at $8.71. I almost jumped at that price but wanted to hang on for a bit. Today they are trading at $10.21 which is a rise of nearly 17%. Would have, could have, should have. It would a nice profit for an overnight investment.

If you had enough money to buy 1 million shares then you would have made a nice one day profit.....and when you have that kind of money the banks/brokerages etc pretty much kiss your ass and act like supplicants.

SR

 

[wetnose]

Fatality rate is 0.01% in South Korea. This pegs the current world wide cases at around 8million.
BC alone likely has upwards of 5,000 cases right now.
Bc health are not even testing people that are suspected to have the virus. They are only testing serious cases and people that need hospitalization

South Korea is NOT representative since a lot of the cases stem from the church where it was spread. Most of those infected were young, healthy women who are not in the vulnerable group. Based on the WHO study, fatality runs @ 3.4%. Look at the Italian #s to see an awful scenario.

 

[picante55]

It got pummeled 44% from the start of trading but I bought Vermillion Energy. They are a very diversified oil and natural gas company situated all over the world. Not sure if any ones else here is in Oil and Gas. I'm looking out 5 yrs minimum.

I also have been watching VET and acquired a bunch of shares @ 2.85 a couple days ago.

 

[Mr Quim]

I'm still waiting to cash in on my five Brick shares.

I think You missed the Boat on this one . I wouldn't even advise using it as TP .
You might get a Paper cut ! LOL ?

https://en.m.wikipedia.org/wiki/British_Columbia_Resources_Investment_Corporation

I think gold in a long run...

Now this was some sound advice . For every Ounce you bought in March, You could damn near finance a good Session ! Who knew... Gold pretty much hovered around $1300/Oz. for 6-7 years .

Mr Q.

 

[Equity Market investor]

I'm still down on my Vermillion shares but averaging down nicely with the share price being so low. Besides, with WTI and Brent rebounding nicely, its just a matter of time before the value investors revisit the energy sector shares. Many of the majors are still down and out but that will change by 12 months time. I think the energy sector provides a large opportunity if you have 12 - 24 months+ hold time with interval buying in plan.

However, on the other side of the coin regarding my total portfolio, I've regained a majority of my declines with this incredible rebound that has occurred but, I am currently on the conservative side of the fence and I plan on staying this way until the U.S elections are done. A pull back of some sort will gain entrance before years end imo.

 

[mower]

My current portfolio has recovered nicely from the March slaughter and overall I'm up ~18% so I can't complain.