Longterm stock picks based on fundamentals and technicals along with some daily movers, articles of interest and useful websites.
Saturday, March 24, 2012
SilverDoctors: Tungsten Filled 1 kilo Gold Bar Discovered in UK
SilverDoctors: Tungsten Filled 1 kilo Gold Bar Discovered in UK: Australian Bullion Dealer ABC Bullion has contacted SD to advise that one of its suppliers has provided them photographic evidence of a...
Friday, March 9, 2012
Rigged markets in favor of the house
We don't have a hope in hell of beating this rigged game. Claude Resources has been in a downtrend since December 2011. This company makes money and is currently trading at a forward P/E of 6.8
They've also had excellent drill results from their Seabee project which will add a rich grade to the mill production. See news released February 13, 2012, and again in January.
http://www.theglobeandmail.com/globe-investor/markets/stocks/news/?q=CRJ-T&source=press
Tonight, after market closed it was released from the S and P that CRJ.T has been deleted from the Global Mining index, and also from the Global Gold index, although they will still be listed on the TSX composite.
Do you think the funds knew this in advance????
As always, the little guy is the last to know even though this must have been common knowledge in the "big circles" so they could get out.
I was baffled as to why this company continued on a downward trend even though they are one of the few that have managed to stay in business, make money, and bring a mine into production. Now I know why, and it tells me that this market is absolutely rigged. There is no way anyone can beat the market by studying a company's fundamentals. It's all in the momentum and trend.
God help the little guy left holding the bag.
Jack be nimble, Jack be quick, Jack jumped over the candlestick.
Go with the flow, and get out if you show a profit. This is no longer an investor's market, or a buy and hold market, but rather a rigged game in which YOU have to leave someone else holding the bag before it's empty.
As you can see...I am one Pissed off investor.
Standard and Poor's Announces Changes in the S and P/TSX Canadian Indices
They've also had excellent drill results from their Seabee project which will add a rich grade to the mill production. See news released February 13, 2012, and again in January.
http://www.theglobeandmail.com/globe-investor/markets/stocks/news/?q=CRJ-T&source=press
Tonight, after market closed it was released from the S and P that CRJ.T has been deleted from the Global Mining index, and also from the Global Gold index, although they will still be listed on the TSX composite.
Do you think the funds knew this in advance????
As always, the little guy is the last to know even though this must have been common knowledge in the "big circles" so they could get out.
I was baffled as to why this company continued on a downward trend even though they are one of the few that have managed to stay in business, make money, and bring a mine into production. Now I know why, and it tells me that this market is absolutely rigged. There is no way anyone can beat the market by studying a company's fundamentals. It's all in the momentum and trend.
God help the little guy left holding the bag.
Jack be nimble, Jack be quick, Jack jumped over the candlestick.
Go with the flow, and get out if you show a profit. This is no longer an investor's market, or a buy and hold market, but rather a rigged game in which YOU have to leave someone else holding the bag before it's empty.
As you can see...I am one Pissed off investor.
Standard and Poor's Announces Changes in the S and P/TSX Canadian Indices
Symbol: CRJ
TORONTO, March 9, 2012 /CNW/ - Standard and Poor's Canadian Index
Operations announces the following index changes as a result of the
Quarterly S and P/TSX Composite Index Review. These changes will be
effective at the open on Monday, March 19, 2012:
Changes to the SandP/TSX Composite Index will also affect the SandP/TSX
Capped Composite Index and the SandP/TSX Composite Equal Weight Index.
Stocks added to or removed from the Sand P/TSX Composite Index will also
be added to or removed from the appropriate Global Industry
Classification Standard (GICS) sector index.
Company additions to and deletions from an S and P equity index do not in
any way reflect an opinion on the investment merits of the company.
Operations announces the following index changes as a result of the
Quarterly S and P/TSX Composite Index Review. These changes will be
effective at the open on Monday, March 19, 2012:
Sand P/TSX COMPOSITE INDEX | |||
ADDITIONS | |||
Issue Name | Symbol | 60/Completion | Live Composite GICS Sector Index |
Argonaut Gold Inc. | AR | Completion | Materials |
Gibson Energy Inc. | GEI | Completion | � |
MI Developments Inc. | MIM | Completion | Real Estate |
Pretium Resources Inc. | PVG | Completion | Materials |
Torex Gold Resources Inc. | TXG | Completion | Materials |
Whitecap Resources Inc. | WCP | Completion | Energy |
DELETIONS | |||
Issue Name | Symbol | 60/Completion | Live Composite GICS Sector Index |
SouthGobi Resources Ltd. | SGQ | Completion | � |
Note: Data Group Inc. (TSX:DGI) and Carfinco Financial Group Inc. (TSX:CFN)
will be added to the S&P/TSX Equity SmallCap Index following their
conversions from income trust structures to equity format during the
last quarter.
will be added to the S&P/TSX Equity SmallCap Index following their
conversions from income trust structures to equity format during the
last quarter.
Changes to the SandP/TSX Composite Index will also affect the SandP/TSX
Capped Composite Index and the SandP/TSX Composite Equal Weight Index.
Stocks added to or removed from the Sand P/TSX Composite Index will also
be added to or removed from the appropriate Global Industry
Classification Standard (GICS) sector index.
S and P/TSX GLOBAL GOLD INDEX - MARCH 2012 - QUARTERLY REVIEW
ADDITIONS | ||
Issue Name | Symbol | Exchange |
Pretium Resources Inc. | PVG | TSX |
Timmins Gold Corp. | TMM | TSX |
DELETIONS | ||
Issue Name | Symbol | Exchange |
Brigus Gold Corp. | BRD | TSX |
Claude Resources Inc. | CRJ | TSX |
Sand P/TSX GLOBAL MINING INDEX - MARCH 2012 - QUARTERLY REVIEW
ADDITIONS | ||
Issue Name | Symbol | Exchange |
SunCoke Energy Inc. | SXC | NYSE |
Timmins Gold Corp. | TMM | TSX |
DELETIONS | ||
Issue Name | Symbol | Exchange |
Brigus Gold Corp. | BRD | TSX |
Claude Resources Inc. | CRJ | TSX |
Mountain Province Diamonds Inc. | MPV | TSX |
SandP/TSX GLOBAL BASE METALS INDEX -MARCH 2012 - QUARTERLY REVIEW
ADDITIONS | ||
Issue Name | Symbol | Exchange |
SunCoke Energy Inc. | SXC | NYSE |
S&P/TSX COMPOSITE DIVIDEND INDEX - MARCH 2012 - QUARTERLY REVIEW
ADDITIONS | |
Issue Name | Symbol |
Gibson Energy Inc. | GEI |
MI Developments Inc. | MIM |
Stantec Inc. | STN |
SandP/TSX EQUITY INCOME INDEX - MARCH 2012 - QUARTERLY REVIEW
ADDITIONS | |
Issue Name | Symbol |
Gibson Energy Inc. | GEI |
MI Developments Inc. | MIM |
Rogers Communications Inc. | RCI.B |
Telus Corporation | T |
TransCanada Corporation | TRP |
DELETIONS | |
Issue Name | Symbol |
Bank of Nova Scotia | BNS |
National Bank of Canada | NA |
Nordion Inc. | NDN |
Royal Bank of Canada | RY |
SandP/TSX MEGACAP INDEX - MARCH 2012 - QUARTERLY REVIEW
ADDITIONS | |
Issue Name | Symbol |
Valeant Pharmaceuticals International, Inc. | VRX |
DELETIONS | |
Issue Name | Symbol |
Thomson Reuters Corporation | TRI |
Company additions to and deletions from an S and P equity index do not in
any way reflect an opinion on the investment merits of the company.
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