Investing

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Bruyns
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Re: Investing

Post by Bruyns »

Matthew wroteCOLONKontrol Energy (KNR) - Canadian company
Soon to have a name change to Kontrol Technology.

It's speculative right now, but is waiting for csa approval for its biocloud that should come in the next few days, so they can start shipping in November (production line can do up to 20,000 units a month and each unit is worth $12,000)

It detects covid in enclosed spaces such as schools, airplanes, etc. Government officials have been tweeting about it including minister of industry, so probably a big government contract going to be announced after csa approval. Featured on Global national the other night too. 5 bucks right now, but could easily be a 30-50 dollar stock by 2021 if things work out.
I put a couple thousand of extra money I had lying around in a few speculative stocks recently including $500 in XpressSpa at $2.37 that's doing Covid testing in some US airports and looking to expand. Some thought they would get government funding and take off and now they are at $1.92 haha. Was only doing small amounts right now, just like earlier in the thread waiting to sell my house for liquidity. Also seems like a market correction will happen again at some point so I'm hoping that lines up with when I have more cash flow.
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Bruyns
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Re: Investing

Post by Bruyns »

Talked XSPA back into the positives haha
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Robin Hood
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Re: Investing

Post by Robin Hood »

Bet big on tech. It will significantly outpace any other holdings, including any index or ETF.
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Da_Hawks
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Re: Investing

Post by Da_Hawks »

Robin Hood wroteCOLONBet big on tech. It will significantly outpace any other holdings, including any index or ETF.
Any specific tech sectors you are following? Clean energy, security, distribution, manufacturing (Tesla, EVs in general).
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Da_Hawks
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Re: Investing

Post by Da_Hawks »

If anyone had money invested in SCR - it's on one hell of a run this week. From $0.70 up to $1.32 at one point today.
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Matthew
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Re: Investing

Post by Matthew »

Da_Hawks wroteCOLONIf anyone had money invested in SCR - it's on one hell of a run this week. From $0.70 up to $1.32 at one point today.
Looks like the new legislation expanding online gambling in Canada drove that price action.
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Da_Hawks
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Re: Investing

Post by Da_Hawks »

Matthew wroteCOLON
Da_Hawks wroteCOLONIf anyone had money invested in SCR - it's on one hell of a run this week. From $0.70 up to $1.32 at one point today.
Looks like the new legislation expanding online gambling in Canada drove that price action.
Yup. Both at the provincial and federal levels. Seems like a good bet to pass. Pun intended.
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bills09
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Re: Investing

Post by bills09 »

What are y’all investing in these days. Looking to get into the market.
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KapG
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Re: Investing

Post by KapG »

Dividend stocks in the TFSA

Loaded a bunch of BMO and CIBC back in spring. Recently been buying Enbridge. Trying to get that passive income up.

I really want to get a position established in draftkings too.
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Da_Hawks
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Re: Investing

Post by Da_Hawks »

Small cap stocks have been my biggest gainers. SCR has been doing great and will continue to go up once legislation passes.

I also have a few passive income stocks like Enbridge, Telus and TD.

Want to find some more clean energy stocks. They have a ton of momentum right now and should ride that for the next little while as we transition further to green.
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Jordan (VGK)
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Re: Investing

Post by Jordan (VGK) »

Boring old etfs
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Bruyns
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Re: Investing

Post by Bruyns »

I had a good few months

Bought GEVO, BNGO, UAVS and XSPA in September.
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Arian The Insider
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Re: Investing

Post by Arian The Insider »

I'm no expert, but it feels like a lot of Tech stocks are very overvalued.
Wondering if we're witnessing a bubble, what do you guys think?
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KapG
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Re: Investing

Post by KapG »

Arian The Insider wroteCOLONI'm no expert, but it feels like a lot of Tech stocks are very overvalued.
Wondering if we're witnessing a bubble, what do you guys think?
Feels that way tbh. Some of the valuations are completely insane.

That said, interest rates are still around zero and will be for the foreseeable future and we still have the fed pumping absurd amounts of money into the market so I don’t know if we will see that bubble pop any time soon.
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CanadianRednek(TOR)
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Re: Investing

Post by CanadianRednek(TOR) »

I got into Air Canada and it doing me good. I got in at $18 and as more people get vaccinated it should go back to the $50 it was at before Covid
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Jordan (VGK)
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Re: Investing

Post by Jordan (VGK) »

Someone smart once said:

"When your fantasy hockey GMs are giving investment advice, there's a bubble"

;)
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Arian The Insider
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Re: Investing

Post by Arian The Insider »

KapG wroteCOLON
Arian The Insider wroteCOLONI'm no expert, but it feels like a lot of Tech stocks are very overvalued.
Wondering if we're witnessing a bubble, what do you guys think?
Feels that way tbh. Some of the valuations are completely insane.

That said, interest rates are still around zero and will be for the foreseeable future and we still have the fed pumping absurd amounts of money into the market so I don’t know if we will see that bubble pop any time soon.
Definitely agree, they are going to keep interest rates super low for quite a while longer
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Da_Hawks
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Re: Investing

Post by Da_Hawks »

CanadianRednek(TOR) wroteCOLONI got into Air Canada and it doing me good. I got in at $18 and as more people get vaccinated it should go back to the $50 it was at before Covid
Air Canada likely won't see those numbers for a while. Hold tight on her though!

Still lots of people worried about Covid even with a vaccine. Still so much to be figured out travel wise before people are going on vacation by the millions
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Matthew
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Re: Investing

Post by Matthew »

Xebec
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bills09
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Re: Investing

Post by bills09 »

Has been going up of late it seems. Are you saying to buy now or hold for it to drop a bit
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