Fortis (FTS) is taking care of business the right way, welcome to Central Vermont Public Service

Today is an historic day for Fortis (FTS). I had been lucky enough to invest in Fortis (FTS) while its stock value was at 27$. That was back in what I think was 2009. Lucky because it’s not anytime soon that you’ll see Fortis (FTS) at 27$ per stock. That may never happen again actually. Sometime, I can be very very smart.

Here come today the fantastic Fortis (FTS), the proud of the Canadian nation, the Maritimes province and of course, Newfoundland, Fortis (FTS) today made an historic acquisition that is going to drive Fortis on top of  the world. For the first time ever, Fortis (FTS) is going to deliver in the USA. Fortis (FTS) had buy a US company, Central Vermont Public Service for 700$ US million.

Hydro-Québec had tried to buy Central Vermont Public Service but of course, just like it did for NB Power, Hydro-Québec failed and did not win the deal.

Now, Central Vermont Public Service is the exclusive property of Fortis (FTS). Fortis (FTS) will have a lot of work in the upcoming weeks. By buying Central Vermont Public Service, Fortis (FTS) also acquired 230 million US debt of the Central. But as you know, there’s nothing much Fortis (FTS) can’t manage.

Once again, Fortis (FTS) is pushing it right to the top. Go baby go :0)

Need a line of credit? Why you should stay away from BMO Bank of Montreal

I have this 5 000$ line of credit with BMO Bank of Montreal. The line of credit came with a MasterCard banking card. I of course used up all of the 5 000$ for investment purposes. Imagine, my interest rate is only of 4.5%. I got this line of credit while working at BMO Bank of Montreal while working at their Montreal messy call center. Whatever I can get at a low interest rate I take it and use it. Everything is pack in my non registered portfolio, you know that. And I have a good feeling that I might finish the day at 170 000$ or close by in asset. It’s something I will try to figure out tonight when I come back to work.

This being said, I have a good feeling about my investment portfolio, but I don’t have the same good feeling when it comes to BMO Bank of Montreal. As a poorly manage financial institution, maybe the worst in North America, BMO Bank of Montreal manage its line of credit product like if it was a MasterCard credit card. Whenever you withdraw from the 5 000$ that already been used, you pay the monstrous interest rate of 19.5%.

Here’s an example: I had borrowed 5 000$ at 4.5%. The money had been used a long time ago. On each month, BMO Bank of Montreal request the minimum payment of 100$ of that line of credit. Ok, no problem, I can manage a minimum payment of 100$. But where it’s going nasty is over here: the interest rate on the amount you withdraw from the minimum payment is being charge like a cash advance. And for a cash advance with a line of credit, the interest rate is of 19.5%. This is truly disgusting. Knowing that BMO Bank of Montreal request a minimum payment that exceed the interest paid on the loan, user should be able to withdraw from the exceeding payment at the same rate as for the line of credit, 4.5% in my case. See, Bank of Montreal does not worth it.

TD Canada Trust and RBC Royal Bank don’t have such a bad credit line system. With TD Canada Trust, I can withdraw, and the money withdraw is being charge at the same interest rate as for the line of credit. No hassle. With RBC Royal Bank, it’s even better, for their line of credit, I only pay monthly the interest own on the money.

Ok, you might say to yourself that I have too much debt, but too much is barely enough, knowing where the money is. Small investors like myself should had been giving all of the best possibilities in the world and BMO Bank of Montreal, once again, is ruining the perfect scheme. In other world: for your credit needs, go with TD Canada Trust who offer close to a 24 hours a week banking services in their branches or go with RBC. As for Scotiabank, they are extremely difficult to get credit from. Bank of Nova Scotia, just like BMO Bank of Montreal, is poorly managed.

You need to get to know your banker first before jumping in.

All in a girl day trader weekend

It’s been a great weekend overall. I worked at my weekend job, but did not work much online. I prepared my summer clothes, color my hair (it was really needed as my last coloration was in February), I did my nails (in pink of course) and I purchased my usual scratch and wins... And here’s the fun part: I win 50$ at playing Scrabble. I kept a 40$ for myself and pick different tickets for 10$. And surprise, I won another 50$ on Scrabble. I felt lucky, so I purchased a Loto Max and a Loto 649 using my credit card. I did not win on Loto 649, but Loto Max results are for next week... lol... Later on, I went for grocery shopping and purchased another Scrabble. And I won again. I did not check this one yet, but I think I won 5$. If it’s just 5$, I will keep the money for my Second Cup coffee of this evening. I had been lucky. This is very nice because I had left 60$ in cash that I used on my credit card payment. I will only have left less than 300$ to pay on it.

This past week, I was told I was going to be short of work for the 2 weekends last time I call to give my hours, but it seem like I was provided the wrong information as I was on scheduled Sunday and I am on schedule for the next weekend also. Oufff... And I need the money. At this time, I want to add money to my margin account to decrease it. So for now all extra few bucks will go on the margin account.

Basically, here’s my plan to decrease my margin account usage:

-Sell at profit Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (HOD) and Horizons BetaPro COMEX Silver Bear Plus ETF (HZD).

-Sell a few stocks of Sprott Inc. (SII) at profit. I had been a long time shareholder of Sprott Inc. (SII). For their last special dividend, I had invested in hundreds of new extra stocks. I would like to sell those same stocks because they had been purchased using my margin account money.

-Sell at profit all my holding or partly of TMX Group Inc. (X).

-Sell at profit First Majestic Silver Corp (FR).

Those stock sells could help me to significantly decrease my margin account using. Part of the money could be reinvested in companies that paid a higher dividend, and another part could go to pay off my 10 000$ credit line. Currently, I could sell at profit stocks of TMX Group Inc. (X) and First Majestic Silver Corp (FR). I could even sell a few stocks of Sprott Inc. (SII). But it’s not something I am willing to do in a rush and it’s not an emergency. As for now, I prefer to hold TMX Group Inc. (X) and First Majestic Silver Corp (FR). I am not planning to do any day trading for now in reason of those transactions that are pending. I wouldn’t like to be stuck in a situation where I absolutely need to sell asset just because I am too high on my margin. Also, at this time, the economic situation of Europe is not very good. So better play safe and safe some money. At this time, I have a good feeling about my investment portfolio and I am kind of super relax and my nails look pretty.

I taught this weekend about updating my investment portfolio value but I wasn’t really into it and I spend time reading blog online and I was really out of my head. However, my non registered stock portfolio was closed to the 118 000$, according to the TD Waterhouse balance update. I was a bit shocked, actually. This is the update following my sell of Horizons BetaPro COMEX Silver Bull Plus ETF (HZU), by the way. I was quite happy. Nothing can really stop me at being successful with my portfolio, if it’s not a bad market condition. And a bad market condition may come at anything. But personally, I think the Toronto Stock Exchange should not response to the difficulties in Greece, Portugal, etc. for the simple reason that Canada is not involve in the European Euro mess and I think we should continue in our way without caring. Euro is what f up Europe, Canada has nothing to do in that. We have to protect Canadian interests in this. Europe is far behind everything. French of France among other come here to Canada, stealing jobs belonging to Canadians who had built the economy of Canada from generation to generation. It’s not ok for us to suffer from what’s going on in Europe. There’s different type of criminal and Europe is full of financial criminals, a lot more than Quebec province.

This being said, lately, I had been good at following my frugal gold rules. My main rule is to not purchase food outside grocery shopping. It could be seen simple, but it’s easy to cheat on this one. So what I do is that I cook my lunch for the whole week and bring a banana, an apple and a snack bar with me when I leave home. For about 2 weeks, I slack on my food purchase a lot but that’s a goal I had came myself with because I don’t want to rank up at 500$ in expenses of all sort on my credit card every single months. When I leave home for work, the only expense I allow me is a medium Second Cup coffee. I try to avoid my Second Cup coffee purchase, but I find myself starving for caffeine and I felt weak, at some point, really weak. I am allowing me a one Second Cup coffee per day and it’s about all. I can’t believe June is almost there. In my head, we are still in February and I am still at home in New Brunswick. What happen between February and now had passed by without me knowing it.

Nickel is going to rock your world: DNI Metals (DNI) realized a 38.89% gain on May 27, 2011

My investment in DNI Metals (DNI) has been done a long time ago, more exactly on June 17, 2009. On that date, I invested 717$ in the company. Back in 2009, DNI Metals (DNI) was known under the name of Dumont Nickel (DNI). Reading back my posts of DNI Metals made me laugh because back in June 2009, my goal was to kind of day trade Dumont Nickel (DNI). Prior to June 17, 2009, DNI had reached the 5 cents per stock. I taught I could make a quick buy-on-sell. At the time, I didn’t have too much investment experience – even less than now. For me, it appears to be easy to make a profit of DNI. But the profit never came and that’s how I currently hold DNI Metals (DNI) in my portfolio.

In June 2011, I will be celebrating my 2 years investment in DNI Metals (DNI). Nothing really fantastic happens so far for DNI. Sometimes, for X reason, DNI makes some interesting gain, but nothing much that really worth a sell and a cash in money. However, lately, DNI Metals (DNI) had shown up signs of a penny stock becoming something more sustainable.

Many projects are on their way in Alberta. When it comes to DNI Metals (DNI) I find the development extremely slowww. However, I am quite happy with my choice of holding the investment for so long. For a 717$, I am not risking too much anyway. And previously, a reader post something in here regarding DNI, that chances are good that DNI may worth a lot more in a close future. All good news for DNI.

On today May 27, 2011, DNI Metals (DNI) gains a very awesome 38.89% (7 cents). DNI Metals (DNI) closed today at 25 cents. At this time, it’s still worth it to hold DNI Metals (DNI) because interesting developments are on their ways. Also, nickel is in demand. Not as much as silver, but still, it can be interesting to still hold DNI at this time. After all, I already wait 2 years, I won’t mind holding another 2 years if it’s to assist to other prospective development and get rich on nickel. Thank you DNI Metals (DNI).

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.

TMX Group Inc. (X) shareholders to vote on the London Stock Exchange merger

On today May 25, 2011, the Ontario Superior Court of Justice had approved a TMX Group Inc. (X) shareholder meeting and vote on the proposed tie-up with the London Stock Exchange.

I had been a shareholder of the TMS Group Inc. (X) since a couple of months now, I think I qualify to express myself on another way that just blogging regarding the London Stock Exchange merger. Of course, now knowing a French man of the name of Xavier Rolet will be the leader behind both the London Stock Exchange and Toronto Stock Exchange, I will vote against the merger. And I will invite all shareholders to do the same.

I know, at first, I was for the merger of equals with London Stock Exchange, but that was before knowing who was going to be the leader. Also, on a long term, who knows which kind of jerk could be elected in charge of our Canadian Exchange? That’s why the power needs to remain inside Canada. We build a fabulous exchange with the power of our economy, the Toronto Stock Exchange belong to Canadians and no one else. The Toronto Stock Exchange need to remain inside of Canada, for Canadians.

The merger project won’t bring anything to Canada. Our greatest proud, the Toronto Stock Exchange and the Toronto Venture Exchange will be governs by foreign authorities. But not only that, the merger is projects that exist only to satisfy the taste of glory of Xavier Rolet. Canada is among the best country of the world, our Exchange is the best and all London know it. They want us, but they can die trying.

Europeans will mess up like they mess up everything in their financial system. We are not Europe, we are Canada. Canadians cannot be part of Europe.

Time has come to fight the evil forces. Vote no to the merger of equals.

The Eric Sprott silver investment is on the road for recovery for Physical Silver Trust ET (PSLV) and Sprott Physical Silver Trust UTS (PHS.U)

On May 18, 2011, I decided to invest again in the Physical Silver Trust ET (PSLV). At the time, the units worth 16.03$. I invested previously in some Physical Silver Trust ET (PSLV) when the units had reached its highest value, the price being around 22$. Following the silver crash, the units went from 22$ to 15$. Seem like the silver investment of Sprott is on its road to recovery. Today is a fantastic day for silver.

Sprott Physical Silver Trust UTS (PHS.U) gain 3.78% and is currently at 17.55$. It’s currently going to be exactly like I expect it, slow and consistent gain until recovery is completed, which meaning until the PSLV and PHS.U reached back the 22$ per unit.

I did not proceed with any day trading on my margin account today despite having the very wonderful Horizons BetaPro COMEX Silver Bull Plus ETF (HZU) over performing. I think the term I used here describe perfectly well the performance of HZU. It’s exactly over performing. Gains can be materializing very quickly in the silver game.

I still have 2 day trading on pending: Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (HOD) and Horizons BetaPro COMEX Silver Bear Plus ETF (HZD). Until those 2 get cleared, I don’t think I will be day trading. I prefer to concentrate on other activities and monitor my investment portfolio during the day. And don't think you really want me to wear a Louis Vuitton bag by the way.

First Majestic Silver Corp (FR) is performing majestically well. Currently, First Majestic Silver Corp (FR) is at 19.64$! This stock price is currently exceeding the original 19.34$. I could sell now, but won’t and don’t recommend selling any of your First Majestic Silver Corp (FR) stocks at this time because this is just the beginning of a new journey for First Majestic Silver Corp (FR). The company is still young and is under expansion. Don’t forget, First Majestic Silver Corp (FR) produces the purest silver of the world... In order words: be ready for HUGE profit. And I am ready! I plan to stick and hold until this baby reach the 25$ and up. And when it will happen, you’ll thank me. I know, I am that good. :0)

My non registered portfolio had gain over 1 000$ today. This is quite HUGE as well... Silver is still hot. What is not hot however is having the French Xavier Rolet riding around this powerful investment tool that is the Toronto Stock Exchange. Will Stephen Harper continue his inactivity or will he stand up like a man for his country and stop the merger project? A French of France leadership must be avoid.

Currently, TMX Group Inc. (X) is losing 46 cents and stand at a poor 43.42$. Our TMX Group Inc. (X) can do better than that and that will be without Xavier Rolet in the portrait.

Meet Xavier Rolet, CEO of the London Stock Exchange

You might ever heard of Xavier Rolet before, but seem like Xavier Rolet is a quiet man. However, Xavier Rolet is the CEO of the fourth-largest stock exchange in the world: the London Stock Exchange. These days, Xavier Rolet, who earned more than 5 million per year as CEO of the London Stock Exchange, is the man standing behind the idea of a merger of equals between the Toronto Stock Exchange, Toronto Venture Exchange and the London Stock Exchange Group. Through this deal, the Toronto Stock Exchange and the Toronto Venture Exchange will belong to foreign authorities.

Who is Xavier Rolet?

Born in Aix-les-Bains in November 12, 1959. Aix-les-Bains is a small commune of about 30 000 population located in the Rhône-Alpes region in south-eastern France, Xavier Rolet parents were militaries who probably participated in the Algerian war (1954-1962). Algerian war was a conflict between France and Algerian independence movements. During the years that last the conflict, more than 800 000 civilians were killed by the French Armed Forces.

With the royalties earn from their contribution to the French army at the time of the Algerian war, Xavier Rolet parents allow him to study at the best universities of France. Xavier Rolet also earned an MBA from Columbia Business School in 1984 and a post-graduate degree from Institute of Advanced National Defense Studies (Paris) in 2008. This is how Xavier Rolet was able to enroll into expensive schooling.

Here on the Canadian side, the story sounds similar to the one of Brian Mulroney. As 18th Prime Minister of Canada (1984-1993), Brian Mulroney did not find better to do used his influence to accept a cash payment of 300 000$ from Karlheinz Schreiber, a German-Canadian businessman who worked as a broker for Airbus, among other. In the Airbus scandal, Brian Mulroney, who was at the time Prime Minister of Canada, accepted undeclared payment of 300 000$ to promote Airbus inside his government. The money earned on the side helps Brian Mulroney to finance the schooling of his four children: Caroline Mulroney, Ben Mulroney, Mark Mulroney and Nicolas Mulroney.

Why a merger of equals?

A merger of equals will allow Xavier Rolet to protect his own interest. Remember, Xavier Rolet is making his fortune by controlling the fourth largest stock exchange of the world. His interest in the Toronto Stock Exchange is strictly personal. Why? The merger of equals will allow him to realize his biggest challenge: reviving the stock exchange.

No to a merger of equals lead by a French man. I lived in France for a couple of years and I myself experience France people hypocrite and corrosive nature. Have a nice talk with African people, you’ll see that France is responsible for many corrosive events that happen in their history. Jacques Chirac, ex France Prime Minister is currently under investigation. Not to forget Dominique de Villepin who escape prison.

In France, Nicolas Sarkozy son, Jean Sarkozy de Nagy-Bocsa, a 24 years old, had been name head of Epad, the development agency for La Défense. Located in Paris, La Défense is an office centre with an annual budget of more than 1 billion euros. At the time of his nomination, Jean Sarkozy was 23 years old. Is it politically correct for a junior of 23 years old to be in management of La Défense? I don’t think so. Corruption is sign of selfishness and France people are among the worst citizens of the world. France has extremely poor leading figures.

French authorities are well known for being corrupted and Xavier Rolet, in his role as CEO of the London Stock Exchange is a direct extension of French authority’s corrupted nature.

Ever wonder why it’s taking time for the economic world leaders to go through the stock crash even of 2008? It’s because a sexual predator of the name of Dominique Strauss-Kahn, known under DSK, had been in control of the International Monetary Fund since 2007. The International Monetary Fund is supposed to be, according to Wikipedia an “intergovernmental organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rate and the balance of payments”. See, the International Monetary Fund had a lead role to play in our economic recovery but lead by a criminal of the name of Dominique Strauss-Kahn, the International Monetary Fund fail in its role.

The Toronto Stock Exchange is among one of the healthiest stock exchange of the world. If Canadians want it to remain that way, we need to say away from a merger deal lead by a French man. Quebeckers roots are yes certainly, French.

So far for the day, the TMX Group Inc. (X) title loss 1.04%.

Day trading of March 24, 2011: I sell Horizons BetaPro COMEX Silver Bull Plus ETF (HZU) at 10.22$

I am very happy since today, straight in the early stock trade morning; I had been able to sell at profit my holding of Horizons BetaPro COMEX Silver Bull Plus ETF (HZU). I sell my units at 10.22$. I made a profit of 104.01$ after commission. I am feeling better this way because this sell trade allow me to decrease my margin account usage. I could have wait for HZU to gain higher in value. HZU may probably go higher than 10.22$ in value today, but it could also not be the case. A turnaround is possible and I had experience it once. That’s how I got stuck with HZU, Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (HOD) and HZD, while those holding were supposed to be sell on the same day. And remember, I am targeting small profit. This help in order to not be stuck in a quick turnaround.

But really, day trading is not exactly as easy as it seems, but it’s quite possible to make money with day trading, even with margin trading. On May 19, I had borrowed 2961.99$ from my margin account to purchased 300 units of HZU. I sell 6 days later. The interest own on the margin account is of 4.25%. This make around 2.62$ in interest own for that period, not even. So not bad, my trade in Horizons BetaPro COMEX Silver Bull Plus ETF (HZU) had gone very well and I can relax now.

I don’t mind holding Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) and Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (HOD) for a little while in my portfolio instead of having to sell and lose money... No way, and it’s not going to happen. My overall portfolio that is under margin is strong enough to support my day trading extravaganza. I don’t think I will be able to sell HZD today. Maybe HOD will be good for today.

Now that I had sell Horizons BetaPro COMEX Silver Bull Plus ETF (HZU), I can basically do whatever I want during day time, I am no longer a slave to the Toronto stock market. Become day trading can quickly turn your life into a miserable one, as it’s sometime not possible to sell and acquisition on the same day. At a point, I got extremely tired of the experience. Since I did not “stop working” yet lol, I am still working. During day time, I have an evening job and I usually arrived at home pass 1am in the night. I also work during the weekend at another job. It was my choice to add day trading to my activities. However, day trading will never allow you to take a break from the stock market. You cannot take a one day off or you cannot simply sleep in one morning because you feel tired or what so ever. With day trading, it’s the stock market you get the control of your life. But now, it’s all better for me as I was able to sell at profit one of my major day trading holding.

I am very proud of my holding in First Majestic Silver Corp (FR). First Majestic Silver Corp (FR) is performing extremely well and I am confident that sooner or later, I will be able to make a “majectic” profit out of First Majestic Silver Corp (FR). First Majestic Silver Corp (FR) gains today so far 4.86%, to establish itself at a very comfortable 18.35$. Life is all good. I am posting some pictures I took a couple of days ago at the intersection boulevard St-Laurent and Sherbrooke (that being in Montreal were I am located at this time). There were those beautiful tries with pink flowers. The smell of those flowers was delightful. Enjoy!

First Majestic Silver Corp (FR): The Purest Silver Company in the World is Canadian

I won’t lie; I first invested in First Majestic Silver Corp (FR) while performing day trading. Previously in May, I had invested in 150 stocks of First Majestic Silver Corp (FR) at 17.96$ and 17.95$. Shortly after, I was selling the 150 stocks at 18.64$ and 18.62$, making a quick profit of 81.51$. Following what, I invested again in First Majestic Silver Corp (FR), purchasing some stocks at 19.34$. My goal was to quickly sell the stocks at 20$. But the 20$ never came. However, I eventually came to the point of realizing that First Majestic Silver Corp (FR) was much more than just a company good for day trading.

Actually, First Majestic Silver Corp (FR) is a very good company to hold because it’s among top players in the silver game. To understand my interest in First Majestic Silver Corp (FR), I will invite you to listen to what Eric Sprott had to say about silver investment last week. Please view the video right here. 

Ok, so you listen to the entire video and now, you know that there’s not enough in silver to pay investors in real physical silver. That’s the main point of Eric Sprott interview: there’s not enough in silver to pay investors in real physical silver. This is why silver had generated nonstop profit from November 2010 to April 2011. I was in, I had day trade PHS.U and make interesting gain out of it. Previously in May, investors had experiment a silver crash but that’s because someone out there had manipulated the silver price. And could that person be Eric Sprott silver, who had sold out his very own Sprott Physical Silver Trust ET (PSLV) units for more than 36 million? It’s seem like not. The drop in silver price had been caused by manipulators who had used future options to lower the silver price. Eric Sprott selling his units of Sprott Physical Silver Trust ET (PSLV) has nothing to do with the drop in silver. And me day trading First Majestic Silver Corp (FR) title had nothing to do with the silver crash either... lol... 

This is really just like when some stupid Quebeckers of Montreal call center had fired me from BMO Bank in Montreal in order to make me fail and unsuccessful. Someone out there has the same inspiration for silver. But success and money will come despite the enemies and silver will get on the drive because no one can really stop it from being the investment of the decade. Got it?

Anyhow, the genius Eric Sprott had made his money on silver and I hope he’s happy about it. But can small investors still make money out of silver? Eric Sprott answered to that seem to be yes. And here come First Majestic Silver Corp (FR) as a major silver player, in the investment game.

First Majestic Silver Corp (FR) is a Canadian company based in Vancouver who operates many silver mines in Mexico. In April 2011, First Majestic Silver Corp (FR) had been reward of the title of "Purest Silver Company in the World". First Majestic Silver Corp (FR) reached 97% pure silver and it make FR as the purest silver company in the world. And this is where it’s getting really interesting. Knowing the rarity of silver, having a company in Canada, who can almost reached the level of 100% pure silver, well, if you want my opinion, that’s HUGE.

Also, on May 16, First Majestic Silver Corp (FR) publishes its financial result for the first quarter of 2011. First Majestic Silver Corp (FR) generated revenues of $55.3 million. And it’s looking good for FR to continue that way for the next upcoming months. At this time, First Majestic Silver Corp (FR) does not pay dividend distribution. However, it’s interesting company to hold inside an investment portfolio. And just to let you know, it’s been told that First Majestic Silver Corp (FR) will pay a dividend in 2012.

Knowing the price of silver could possibly hit 65$ by the end of the year and that First Majestic Silver Corp (FR) is the Purest Silver Company in the World, it doesn’t take that of a genius to understand that First Majestic Silver Corp (FR) is the hot stock that you need to hold in your investment portfolio. Get rich on silver or died trying.

Find all this interesting? Well, please visit this page; you’ll probably like it as much as I do. Read on and get rich.