23K in NRI.TO

At close to 9 million trades a day, NUVO RESEARCH INC (NRI.TO) is really trading like crazy on the TSX. This caused it to gain 10% in just one day!

july272008-nri

So last week I sold another 10 companies at a 10-15% loss on average and put it all into NRI.TO. I now own 65 000 shares of this company at an average price of 36 cents per share. Each time it goes up a penny, I make 650$!

On the 5th of August, there is heavy speculation that the FDA will approve their anti-inflammation drug and within a year, the stock can grow by up to 2000%. I call this my Freedom 55 plan, if it decides to nosedive, I can still sell my stocks at a profit as the price will only go up for the next two weeks from which I still manage to make a nice chunk of money.

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One Response to “23K in NRI.TO”

  1. daveking says:

    I’ve been reading your site off and on for the last few months.

    You did well. NRI was bad but I’m sure you’ll recover from it.

    Good luck with your trade.

    I’m picked up some OPC.TO and MAA.V. Good long term play.

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Hello, my name is Marcel and I want to welcome to my blog about how to double your money using nothing but the stock market! I have managed to do this myself and look forward to sharing my knowledge with you. I will be recording each and every entry on this blog.

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Stock Holdings
DJIA10580.48  chart+27.96  chart +0.26%
NASDAQ2343.90  chart+11.69  chart +0.50%
S&P 5001142.10  chart+3.60  chart +0.32%

PSR.V1.25  chart+0.14  chart +12.61%
IQW.TO0.03  chart+0.00  chart +0.00%
SMG.TO0.03  chart+0.00  chart +0.00%
EG.TO0.23  chart+0.01  chart +4.44%
APV.TO0.18  chart-0.01  chart -5.13%
PLI.TO0.17  chart-0.01  chart -5.71%
VRS.TO0.00  chart+0.00  chart -5.71%
CSA.TO0.35  chart+0.00  chart +0.00%
MCH.TO0.00  chart+0.00  chart +0.00%
HOU.TO9.32  chart-0.07  chart -0.75%
OIL.TO0.00  chart+0.00  chart -0.75%
P.TO0.00  chart+0.00  chart -0.75%
CRU.TO0.28  chart+0.00  chart +0.00%
WEF.TO0.23  chart+0.01  chart +4.55%
DAV.TO0.09  chart+0.00  chart +0.00%
BLD.TO2.47  chart-0.02  chart -0.80%
HAE.TO0.01  chart+0.00  chart +0.00%
ZL.TO1.74  chart+0.01  chart +0.58%
KOM.TO0.00  chart+0.00  chart +0.58%
AMB.TO0.03  chart+0.00  chart +0.00%
GCE.TO7.37  chart-0.05  chart -0.67%
LRI.TO0.36  chart-0.01  chart -2.70%
SVC.TO1.86  chart-0.09  chart -4.62%
HWO.TO0.30  chart+0.03  chart +11.11%
RS.TO0.36  chart+0.01  chart +2.86%
CGS.TO0.00  chart+0.00  chart +2.86%
TLC.TO0.00  chart+0.00  chart +2.86%
CLL.TO1.41  chart-0.03  chart -2.08%
BKX.TO2.77  chart+0.04  chart +1.47%
2010-03-09 15:07