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Friday, May 27, 2011

Strong morning debut for First Majestic Silver Corp (FR)

So far, First Majestic Silver Corp (FR) gains 3.19%. First Majestic Silver Corp (FR) highest value for this morning debut is of 20.13$. I am very pleased. Currently, if I sell my First Majestic Silver Corp (FR) investment, I will made around 50$ in profit in commission. But I won’t sell now because I know this baby have the potential to go up to 25$ and more so I won’t sell for now. In result of this, I don’t plan to perform day trading. Not to forget that I still have Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (HOD) and Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) pending. I want to sell those 2 at profit, but it don’t seem like today will be the day.

Yesterday had been a great at the Toronto stock exchange, and today seem to be even better. The opening was quite strong and this is good for silver investment. My silver investment in Sprott Physical Silver Trust UTS (PHS.U) is currently at 17.74$. Finally, TMX Group Inc. (X) is kicking some interesting profit, but I don’t plan sell now. Sprott Inc. (SII) is hitting the 9$ per stock. Interesting. 

A couple of days ago, I was selling my long time investment in Yellow Media Inc. (YLO) at something like 4.65$ per stock. Which was a good decision to take because it doesn’t seem like Yellow Media plans to improve itself. Currently, Yellow Media Inc. (YLO) trade at 4.10$... Only stupid academics of McGill University will invest in Yellow Media Inc. (YLO). I am saying stupid because I find it very distusghting from McGill University to ask 20 000$ per year for one of their new MBA. I am not a fan of McGill University and anyone with a bit of common sense will understand that McGill is trying is artificially rank itself to one of the world’s top university. But truly, that’s not by increasing the tutorial fees. Anyhow, learn from the pro (that mean me), don’t invest in Yellow Media Inc. (YLO). The dividend yield is too high and Yellow Media is no longer in position to be able to afford their high yield. And someone who knows about this for sure is Christian Paupe, Yellow Media Financial Chief who has sell, around the same time as myself, all of his holding in Yellow Media Inc. (YLO). On May 17, 2011, Christian Paupe sell 200 000 stocks of Yellow Media Inc. (YLO) at 4.69$. In order words: sell Yellow Media Inc. (YLO) because it’s no longer worth something.

Heather Munroe-Blum, the super dumb bitch who is Vice-Chancellor of McGill University. She’s the one who set up the 20 000$ MBA program and made of McGill University a shame for Canadians. I hope Heather Munroe-Blum prepared herself to lose a lot of money. On May 12, Heather Munroe-Blum purchased 10 000 stocks of Yellow Media Inc. (YLO) at 4.38$. Currently, Heather Munroe-Blum had loss -2800$ on her newest investment. Good for her. That’s the price to pay for her high class stupidity. She now has 38 274 stock of Yellow Media Inc. (YLO) that worth nothing at all. It’s not because Heather Munroe-Blum is the Vice-Chancellor of McGill University that she’s necessary intelligent. Her newest investment in YLO is the proof of that. 

I recently received my Yellow Media Inc. (YLO). The investment turns itself in a DRIP, despite the fact that I had sold my stocks of Yellow Media a couple of days ago. But it’s like that with a DRIP, you sell, but the next dividend payment always comes in form of new stocks. This is how I was left with 6 stocks of Yellow Media Inc. (YLO) in my portfolio. So I call yesterday TD Waterhouse, ordering (yeah yeah) the broker to sell my 6 stocks at market price. And he executed himself after I told him I have a lot of money with you and I trade a lot. Please sell my 6 stocks of Yellow Media. And it work. The broker sell my stocks and that left 24.84$ in my margin account as payment without too much discussion. Because sometime, TD Waterhouse brokers, that being the one mostly working at the Eaton Centre, they don’t know a shit of what they are doing. At least this time, TD Waterhouse didn’t mess up with me. Amen.

Now, enjoy First Majestic Silver Corp (FR) gains and call me genius bitch.


Anonymous said...

I've read a few of your blog entries and can't believe just how ill-educated and ignorant you appear to be.

You sound like a perpetually unhappy and angry person with nothing better to do than complain.

Before calling anyone a "super dumb bitch", you should re-read your blog entries and wonder what others must think of you.

Since you're unable to write a coherent sentence in English, please stop embarassing yourself and the whole province of New Brunswick.

Anonymous said...

As silver prices have been going up, your HZD keeps going down.
Silver would have to go down 15% from today's price just for you to sell at the 7.79 you paid. Imagine what that would do to your other silver stocks. If you believe silver will go down more than 15%, keep HZD, and sell your other silver stocks. If you don't, you should consider selling HZD at a loss on a day silver is down to limit the loss.

Jimmy Chomsky said...

I have owned Yellow (Pages) Media for about a year. I have seen its price steadily drop. However, isn't this something people need? Is the phone book obsolete? I have used the Yellow Pages online to find telephone numbers but it rarely works. With the boss selling his shares, are Yellow Media giving up? Can they do this? If I stop going to work, I don't get any money. Can executives stop running a company? What are the repercussions?

Sunny said...

Hi Jimmy,

I used to love Yellow Pages, but not anymore. Many factors are playing against it. One being the publicity revenue. Companies now advertise online throught Google Adsense, among other. The field has change. Internet has a lot to do about it. Yellow Pages haven't been able to follow the tendance and develop itself. Investors are not willing to invest in it anymore. Also, see the chart. Many Investors had loose great deal of money in YLO. At a point, YLO trade at 20$ per unit. Since that time, YLO had declined in value. I had invested in YLO while they were still an income trust when the units were at less than 5$. I did not loss the original money invested, just the dividend money reinvested in DRIP. About 300$ lost that way. But some haven't been so lucky. Many had lost thousands in YLO. Also, being located in Quebec do not help in any way. Very poor leadership and YLO is suffering from it.

Sunny said...

Anonymous - this is my blog, if I feel unhappy about something, it will here it will be post. I was born in a French community, I only learn English in school. As you can see, I am not afraid of failure. I personally LOVE my raw English. As for my people in NB, they will forgive me. I am a blogger among other, nothing more.

Sunny said...

I already write about this, HZD and HOD will be up again in the future. The reason being that the market is volatile, extremely volatile. I can handle those 2 in my portfolio, I won't sell just to make you happy. I will sell at profit, watch me going.

Anonymous said...

I am not smart enough to say whether HZD will trade higher than 7.79 in the future. But I do know for it to do so, silver would have to go down from today's level of 38$ to about 32$, a loss of 16%. There's no other way for it to happen And if that happens, PSLV and PHS.U will also lose 16% as they follow the price of silver.

And yes, I will watch you going cause if you sell HZD at a profit, you will lose alot more on your other holdings.

Now I'm no expert, but If I would expect silver to go down 16%, I wouldn't be holding all these other silver stocks that you're holding, unless, you just don't know what you're doing

I warned you about HZD earlier and it has kept going down since as silver has gone up.

You buy HZD (goes up when silver goes down) and HZU (goes up when silver goes up) at the same time and of course you're gona sell one at a profit and brag about it, but while one is being sold, the other is losing equally in value. Some genious investing that is.

Anonymous said...

Remember when you bought 400 extra shares on may 11 at 6.80 to sell at 6.90 for a 20$ profit. Lucky you sold or you could be down 360$ (13%loss) today as there trading at 5.90. When you're trading these double leveraged ETF, you're gambling more than investing.

Anonymous said...

Sunny, you still seem to not understand time decay on ETF's. Volatility for leveraged ETF's like HZD and HOD is a very bad thing. Volatility makes them lose money even when silver or oil is bouncing around the same value. HZD and HOD are not like stocks that go up and down around some fundamentally determined market price. When silver or oil rally for an extended time, HOD and HZD go down to $0. Usually when they are down to around $2 or $3 dollars they just consolidate the shares and reset the price to $10+, but of course you lose the shares you were holding and are left with almost nothing.

Frank said...

Anonymous, stop posting as an Anonymous, just click Name/URL and put a fake name or something so that we can keep track of who is writing what, or else it just becomes a mess, more than it already is.

Sunny said...

Hi Frank!

It's been a long time. Hope you are doing well... it's seem like your good... a mess more than its already is... ah.


Don #2 said...

Hey Frank, I'm the anonymous that's been trying to make her understand that in order for HZD to get to the price she paid for it, silver would have to go down 16% and her other silver investment would follow. I don't think she realises how low silver has to go for her to make money on HZD. She propably also thinks that HZD will reach 8$ without any of her other silver stocks being down. Also, when day trading you shouldn't hold a stock till it's down 25% while only keeping it to make 2% to 3% on the upside. If you're gona day trade and cut your profit at 2%, you should cut your loss also. How can you be happy to make 20$ on a day trade while holding HZD and losing over 700$.

If you don't want to sell at a loss, you should day trade with high quality stocks (suncor, tck.b, even banks the last few days), so you want lose more and more by holding it longer.

P.S. I'm not the the one that called her ignorant or ill educated, neither am I the one that's been trying to make her understand about time decay of those leveraged ETF's althouth I agree with the later.

Geithner said...

Sunny's the best. She know how to day trade, look at her portfolio 165k+ almost at 200!!

pattirose said...

@ anonymous (the one who left the first comment at the top)

It sounds like a case of the pot calling the kettle black.........

Just in case you need that defined here's another link for you anonymous

Jan said...

I'm the one who brought up time decay. Anyway, Don is exactly right. If you're looking to daytrade for 2% on the upside then you need to cut your losses and be out of the trade before you're down 2% or else you're just giving money away. This is particularly problematic with leveraged ETF's like HZD since they are not designed to hold their value over time like a stock does.

Sunny said...

It's ok to share your view Don 2, but you go with the silver thing and my ETF over and over again. I explain myself on this, on silver and on day trading. I won't sell HOD and HZD knowing there's chance for the investment to eventually go up again. I can handle those 2 in my portfolio. Enough of this!

Like Geithner said, I am the best :0)

(Thanks Geithner!)

Hi Pattirose!

No worries, comments are comments and I publish the bad ones as entertainment and just to show that women who invest and blog like me have to face many challenges and bad review. I have the right to say how I feel on my blog regarding everything I want. There's people who don't seem to understand that.

Getting ready for the stock opening, today is a big day. It should be good for silver. Exciting! Watch FR do its stuff :0)

Don#2 said...

I go with the silver thing because that's where you're making a big mistake.
I agree there's a chance HZD will go up, but to go up for you to make a profit, silver will have to crash again. That's all I was trying to tell you. As silver keeps going up, you're losing more and more.

pattirose said...

Sunny you might find this interesting, it says some good things about FR

Sunny said...

Hi Pattirose!

Thanks for sharing.


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