Month: November 2010

Stock Trades ~ November 2010

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[adsenseLeft] 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 is a breakout. From the proceeds of Pengrowth I purchased 50 …

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TD Lowers Trading Fees

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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 over 100K in assets, is now available to investors with over 50K in assets. This is a welcome move …

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Cisco Shares Plunge, A Buy Opportunity!

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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 buy opportunity with a 16% discount (pending a few days to see where the price settles). Not many …

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Update on Rogers Communications

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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 downside risk (the next support level being around $34.00 per share).