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Monday, February 28, 2011

Sprott Physical Silver Trust UTS (PHS.U) hit the 15.59$ per unit today

The weather is really bad today in the north of New Brunswick but at least, my investment portfolio is doing well. My non registered portfolio is exceeding the 105k. I earn great dividend recently from Yellow Pages, Emera and Enercare.

And about Enercare (ECI) well, I sell all of my units a little while ago. And I cash in an awesome profit. I don’t like to sell any of my investment, but I did sell and I don’t regret it. I would have like to write a post about me selling Enercare but at this time, remember I am not home (if you can consider a one and a half apartment as home... lol). I cannot wait to go back to Montreal and move on. I need to do something else. I had been doing a bit of job search while being here.

There’s a real winter storm out there in New Brunswick! Nothing to compare the one I am use to. Schools were closed today. For a while, my Internet was not working. I went outside with my dad... He needed to go anyway to get his pills. I went to an Internet cafe, but we didn’t stay long, I could not concentrate while seeing all that snow. While being at the Internet cafe, I notice that my Sprott Physical Silver Trust UTS (PHS.U) was hitting the 15.59$ per unit. During that time, my father was sitting in front me, reading a magazine and gees, I have to say, I let go my chance to make a couple of hundreds of dollars. I didn’t sell my PHS.U units despite the 15.59$ value that was standing in front of me, among with my father... WOW...

A profit of more than 300$ was appealing, but I didn’t move and I soon saw the price falling below 15.59$. The timing was perfect, but I decided not to sell... And I regret it now. This is just because I truly believe that Sprott Physical Silver Trust UTS (PHS.U) will reach the 16$ per units very soon. But I could be wrong. Usually prefer to sell whenever the occasion to make money is there. Me and the stock market, it’s really a day-to-day situation. And today, I miss the occasion to make a very good 323.70$. That’s more than enough to pay my bus ticket. But I have to say, purchasing 470 units in one shoot of PHS.U while the units were at 14.88$... Well that was a pure genius trade, I can say that for sure. At this time, the Toronto stock market seems to be on a good track. Chances are that Sprott Physical Silver Trust UTS (PHS.U) units will exceed the 15.59$ per unit, can I say maybe tomorrow?

I regret doing “nothing” when PHS.U hit the 15.59$ today. So if it happen that PHS.U hit the 15.59$ per unit again tomorrow, I may SELL, cash in the profit of the sell and invest in 100 stocks of K-Bro Linen Inc. (KBL). I would like to reinvest major part of the money.

I have a lot of things in mind right now. Everything is getting mix up all together and I am a bit confuse.

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