On Monday, I bought 4 new companies.

• 1 000 shares of Grande Cache Coal (GCE.TO) at 60 cents a share
• 4 000 shares at 12.5 cents each of Allen-Vanguard Corp (VRS.TO) for the second time, hoping to make a profit from this stock
• 4 000 shares of Resin Systems Inc. (RS.TO) at 17 cents a share, for the third time
• 5 000 shares of Oilexco Inck. (OIL.TO) at 14.5 cents a share

The next day, I had a hundred dollars left in my trading account so I decided to buy 3 600 shares of Haemacure Corp (HAE.TO) for 2.5 cents a share.

February Blues

Considering I almost doubled my money (15K to just shy of 30K) over a six week period, February has been absolutely horrible for me. This month alone, my portfolio lost almost 30% of it’s value! I made a few trades but what is really hurting the most right now is still Canwest, if this stock can turn-around, I will probably sell half the shares if I can get close to what I bought them for several weeks ago and buy some companies that know how to do more than go down! I have a lot of companies I want to invest in but my stock market funds are all tied-up at the moment, I need to sell some stuff to get more but so far, everything is going in the wrong direction… and I don’t sell at a loss. I guess the good news from all this is several months down the road, I am still up an overall 120% on my initial 15K investment though I far prefered my 195% I enjoyed a little over a month ago

Playing the stock market these days is like crossing the Canadian Rockies by foot , it is hard to go up but easy to go down.

Every month, I will post a review of the previous month’s activities. As of January 31st, 2009, I hold the following stocks. All together, I now own 143 000 shares in 29 different companies.

• AMB 5 000
• APV 2 000
• BKX 3 500
• BLD 1 500
• CGS 20 000
• CLL 1 000
• CRU 2 500
• CSA 2 000
• CYY 2 000
• DAV 5 000
• DUR 7 000
• EG 5 000
• GNE 10 000
• HWO 2 000
• IQW 10 000
• KAB 2 000
• KOM 10 000
• LRI 1 000
• MCH 5 000
• P 5 000
• PLI 5 000
• PSR 1 500
• RBM 5 000
• SMG 10 000
• SVC 1 000
• TLC 2 000
• WEF 5 000
• WNX 10 000
• ZL 2 000

I am taking on overall long-view of the stock market, if something doubles or makes a good return, I will sell it to get some other stocks I am watching, otherwise, I will just play a waiting game. Right now, the analysts are all saying that this year the market will be down and back-up in 2010 – these are the same guys who never saw the economic crisis happen so I don’t hold to much stock in their opinions. I am now looking for a few more companies of the likes of Canwest which I can ride upwards and are currently available at rock bottom prices.