Social Icons

Tuesday, August 11, 2009

TSX crashing and I am at home doing nothing

Today, the TSX crash to 10 626 points.

Currently, my stocks and units portfolio value is of 2 2810.89$.

I reach 50 000$ value assets one time in my life, I just hope to reach over 50 000$ again in a near future.

Even with the few losses of today, my portfolio remains relatively stable.

I am surprise, Methanex Corporation (MX) remains at a powerful 18.48$ (12:47PM). I had purchased 100 stocks of Methanex Corporation a while ago at 15.79$ per stock. But shortly after I made the investment, Methanex price stocks went always lower than 15.79$. At a point, I was used to see Methanex Corporation under 15.79$.

Imagine my reaction when Methanex Corporation price rise: I simply couldn’t believe it. If Methanex Corporation remain up to 15.79$ per stock even when the TSX is loosing points, this mean that chance are, our Methanex Corporation will remain over 15.79$ in the upcoming week.

I lost a bit of gain today, because (again) of Timminco (TIM) who decide to go under 1.40$. Good news had been giving for Becancour facilities. Employers have back their jobs. I mean, this is so good news for Timminco. Should the price increase immediately? Well, it’s the opposite that is happening today. And I don’t even want to try to understand.

Sprott Inc. remains under 4$. Sprott is currently at 3.22$ (12:59PM). Here, what I supposed that happen is the following. Their star mutual fund Sprott Canadian Equity Fund had lost in value (in a half). I had invested a total of 7033.50$ in the Sprott Canadian Equity Fund. My goal was too see my investment double. But… guess what happen? I almost lost half of my money with Sprott Canadian Equity Fund. I won’t blame Eric Sprott but still… lol. Anyway, I didn’t lost it all, my investment with Sprott currently worth 4 038$. Not soo bad.

Another surprise: usually, when the TSX is loosing points, usually, it makes Pengrowth Energy Trust (PGF.UN) loosing value too. But right now, oh surprise, Pengrowth Energy Trust (PGF.UN) is at a relatively stable 9.11$. This is really good.

Right now, Livingston International Income Fund (LIV.UN) is at 5.40$ (1:18PM) and Yellow Pages Income Fund (YLO.UN) is at 5.06$ (1:18PM). I am surprise to see Livingston International Income Fund higher in price than Yellow Pages Income Fund. Earlier this year, Livingston International Income Fund (LIV.UN) had suspend their dividend payment. I just wonder when Livingston International Income Fund (LIV.UN) will pay again dividend. I would like that.

Dumont Nickel (DNI) is at 2 cents (1:19PM)…. When I will be able to sell Dumont Nickel (DNI) at 4 cents pe stock? Will the time will ever come? This was supposed to be my great penny stock trade. A penny stock trade that all went wrong lol. But I still own DNI, I waiting for its price to reach 4 cents… and than sell.

In the meantine, my little apartment is all crashy. I need a cleaner or I will have to do it myself lol.

No comments:


Thank you

Thank you for visiting!
Blogger Templates