Stock Trades ~ November 2010
A Stop Loss was triggered for Pengrowth Energy Trust (PGF.UN-T) @ $12.75 on November 9th, for a net profit of $308.25 . A few more of those trades and I’m getting some good returns, and reduced commissions as well. I really liked Pengrowth since it has great growth potential, and an excellent dividend yield. So I was sad to see it sold, but I stick to my plan. Stop Losses help prevent real losses and maximize profits. I will buy Pengrowth again should the price decline or there ...
TD Lowers Trading Fees
In the competetive business of online trading, TD Waterhouse has always had expensive trading fees at $29.00 per trade. But unlike Scotia iTrade, there are no hidden fees or inactivity fees. As long as you sign up for e-services then your accounts have no admin fees (other than RRSP’s under $25K). As well TD provides an excellent trading platfrom with excellent research tools.
On November 4th TD Waterhouse announced that their $9.99 trade fee, which was only available to investors with ...
Cisco Shares Plunge, A Buy Opportunity!
Cisco Shares (CSCO-Q) plunged on the Nasdaq today, more than 16% in early trading to close at 20.52 US per share. As seems to be the case with many stocks recently, missed earnings for Cisco below analysts’ expectations caused the massive sell-off this morning. Cisco’s share decline also rippled throughout the technology and communication sector.
In a previous article I wrote about Bad News Investing, and how panic selling can provide a great buy opportunity. I feel Cisco is now a great ...
Update on Rogers Communications
Rogers continued to decline last week amidst lower than expected earnings, and a perception among investors of heated competition in the cellular and wireless industry. Rogers closed the week at $36.51. Rogers started to turn upwards on Wednesday from an intraday low of $36.07, indicating some strength and upside potential. This week should provide an indication of the stock’s direction. $36.00 to $36.50 may signal a buy opportunity, with a stop-loss at $36.00 to protect against further ...
