WoV stock portfolio
Quote: michael99000I've been holding a core position in CELG since mid 2011, along with trading in and out of a smaller position since early 2012. its certainly undervalued on a PEG basis compared to its peers. I believe there's an FDA ruling on a new drug on 3/21 which could be a catalyst for the stock. I'm glad to see its included in the WOV portfolio.
I hope that $9.60 EPs estimate for 2015 comes to fruition.
I really put the jinx on CELG. Has one of its worst days right after I say I like it. But the whole biotech sector tanked in the afternoon, there was no specific company news, so now I like it even more. I have a buy order in at $154 should it get that low. I also like the April $150 calls, which were trading for $11 yesterday.
Quote: ontariodealerinter pipelines ipl.un on the tsx is as good as you will ever find.........canada has the oil and gas, u.s.a. needs the oil and gas......interpipe lines facilitates this.
Does this trade on the NYSE
Quote: ontariodealerinter pipelines ipl.un on the tsx is as good as you will ever find.........canada has the oil and gas, u.s.a. needs the oil and gas......interpipe lines facilitates this.
IPL.TO is how it is listed.
It has quadrupled in the last 5 years, so hopefully I won't be buying high, selling low!
If I can buy it for my account I will. Not sure if I have access to Toronto Stock Exchange.
Quote: SOOPOOIPL.TO is how it is listed.
You can buy the company shares as IPPLF in the USA, but liquidity is inferior, so the bid-ask spread will likely be wider. In fact, the markets have been open for an hour, and I don't yet see a quote available for IPPLF. There's a CAD/USD currency differential of ~ 10%, so with IPL.TO currently trading near 29, IPPLF should be priced at about 26.
Scott, I didn't mean to suggest that you buy NTEK. I was just pointing out that I visited the company. But hey, it's only $0.08! AR is I think around $60.
I am also adding FB as per my brother in law. He is an active manager of his own portfolio, and told me to keep his portion in cash. He said he just liquidated his entire retirement portfolio to cash! When I asked him which stock he would pick if forced to for long term, he said FB. He believes that Zuckerberg is a true genius, and when things change he will be on the forefront.
SCTY COST GTAT CBIS BMO TD ILMN SVA VDE AOA MO CSCO DIS MA CELG NTEK AR IPPLF FB
Quote: SOOPOOHe is an active manager of his own portfolio, and told me to keep his portion in cash. He said he just liquidated his entire retirement portfolio to cash!
Wow, how old is he? IMO that is madness. I do think the overall stock market is over-valued, but cash? At least invest in bonds or something that will give you a decent yield.
Nevertheless, I think you should keep his portion in cash, just to compare. If the stock market crashes, he will look like a genius :).
Quote: AcesAndEightsWow, how old is he? IMO that is madness. I do think the overall stock market is over-valued, but cash? At least invest in bonds or something that will give you a decent yield.
Nevertheless, I think you should keep his portion in cash, just to compare. If the stock market crashes, he will look like a genius :).
I don't agree with him, but it is clearly not madness. He is just saying right now he believes the market is overvalued, and it will correct to a lower level, and he will reinvest into stocks then. I am not smart enough to 'time' the market, so I don't try. Since I'm allocating 1% or so to each selection, keeping 1% in cash has no real meaning, as I probably will have around that all the time in cash as dividends come in until I buy something else.
