I’ve been busy enjoying the summer, swimming in my one kilometer square bathtub, hunting chipmunks and singing Kumbaya at all hours of the day. What I have done is sold ALL my other stocks and put them all into NRI.TO. What this means is that I now have 90 800 shares of this company which I bought at an average of 32 cents a share. I am in a waiting game now excited at the possibilities!

I got a comment from Dave asking me why I win all the time…

Actually Dave, the reason I got such a good run is because I jumped into the market when it was at its bottom lowest, if I would have started two years ago, I fear things would have been very different and lost quite a substantial amount of money! I also make big mistakes, I still own over 20 companies that are losing money which I am waiting to turn a profit before getting rid of them at a profit. Just last week, I put 2500$ into a company that went bankrupt 3 days later! I lost all my money on that one. I lost lots of money when I invested in Canwest and Citigroup as well which I have written in this blog. I am overly aggressive when it comes to the stock market but that’s how I doubled my money, so sometimes I win big, other times I lose big.

Latest buys

My latest acquisitions are:

• 10 000 shares of Crowflight Mineral (CML) for 21 cents a share
• 6 000 shares of Eastern Platinum (ELR) for 58 cents a share
• 15 000 shares of First Nickel (FNI) at 13.5 cents a share
• 12 200 shares of High River Gold (HRG) at 22 cents a share
• 20 000 shares of Nuvo Research Inc (NRI) at 34 cents a share

Nuvo Research Inc (NRI)

I have bought a ton of Nuvo Research shares, this company has discovered a new drug delivery system that is waiting FDA approval, if everything goes as planned on August 5th, 2009, the shares can go up 5 t0 10 fold in value within a very short amount of time. This will be my third gamble on a stock to get out of my 30-35K rut I have been in for a while, would be nice to have several hundred thousand for a change I will be selling other shares to buy more of this one.

After hearing how professionals like Warren Buffet lost a bunch of money on the stock market, I don’t feel so bad anymore that my February wasn’t as I would have hoped but I did stay my ground at least if you ignore my Canwest (ongoing) gamble.

Canwest isn't doing so well... and they got comnpany!

February Tribulations

Believe it or not, I am still playing on the stock market with my original 15K investment. This month instead of hitting the 30K I was hoping, I slid down a bit to 26K, mostly due to Canwest which can reverse course very fast so I am not too concerned, just about all the media outlets in Canada, even the national CBC, is having funding gaps and problems. For instance Canwest lost 30% in share value since I bought them, when you have 10 000$ in shares, that begins to feel like real money after a while!

Freeing-up some stagnant fund

I decided to sell four stocks that are about break-even, I didn’t make much money but I didn’t lose anything selling them neither. It raised a total of 2 600$ which I will plunge right back into the stock market into some very promising companies I have discovered. The companies I sold were 7 000 shares of Delta Uranium Inc (DUR.TO), 2 000 shares of Kaboose Inc (KAB.TO), 10 000 shares of Call Genie (GNE.TO) and 2 000 shares of Corectec Inc (CYY.TO).

Things have been really busy for me for the past month, I haven’t been able to update this site as much as I would have liked as the Stock Market usually has its worst performance in the months of February and September. I have been actively searching for my next gold mine and I think I got it!

Sold my stocks in WNS and RBM

I originally bought 10 000 shares of Warnex Inc. (WNX.TO) for 5 cents a share and sold them a few days ago for 57 cents a share, netting me a profit of 45% over a 30 day period! I also sold my 5 000 shares in Response Biomedical Corp. (RBM.TO) for the second time, bought at 11.5 cents and sold this time around for 16.5 cents a share netting me 40% return on my money in a two week period of time

Horizons Betapro Crude Oil Bull

A friend of mine who was very well-off mentioned this stock to me and when I saw what happened to it, it’s tough not to want to buy a tonne of this companies stock! Just look at this chart!

HORIZONS NYMEX Crude Oil Bull P (Toronto: HOU.TO)

This stock has a 52 week range from upwards of 200$ to now, is available for as little as 4.66$!!! This is crazy considering this company is profitable, has no debts and we all know that crude oil is only going up as time goes bye. This is a huge opportunity, maybe even bigger than Canwest! So, I bought 320 shares of HOU with the money I made from the sale of my WNX.TO and RBM.TO stocks. I wish I had more money to put into this stock but until I make room by selling other stocks at a profit, I will be on the sidelines for a little longer.

Canwest costs me 1 500$!

This Friday was my biggest paper loss ever, I own 20 000 shares of Canwest  and when the stock market lost 2.88%, I lost 7.5 cents a share of this company which wasn’t very fun! I am sure it will bounce back though, so no worries.

An odd thing keeps happening to me, when ever the stock market has a bad day, I have a good one and when ever it has a good day, I have a bad one! For instance, the TSX was down 3.1% today but my portfolio was up 1.4%! As a result, I solidified my gains of 860$ today!

Stock Chart for my the following 3 sales

Thanks Questair Technologies Inc. for 305$!

Today I sold my 5 000 shares of Questair Technologies Inc. (QAR.TO) for 30.6 cents a share, I bought them 25 days ago at 24.5 cents a share, netting me a 23% profit of 305$!

Thanks Methylgene Inc. for 330$!

Today I sold my 2 000 shares of Methylgene Inc. (MYG.TO) at 41.5 cents a share, which I originally bought for 25 cents a share 17 days ago, netting me a 58% profit or 330$.

Thanks Imaging Dynamics Co. Ltd. for 225$!

I also sold my 5 000 shares of Imaging Dynamics Co. Ltd. (IDL.TO) at 8.5 cents a share which I originally bought for 4 cents a share 20 days ago, this netted me a wonderful 90% profit or 225$.

Recap

Today, I solidified my gains of 860$ doing nothing but pressing a few buttons on the internet in over the course of less than a month! What is even more amazing is that I will be putting this money right back where it came from and make even more returns on this money. Considering banks are giving 1-2% interest in their savings account, why would I ever put any money with them? My portfolio made more in interest in one day!

Buzvia: Methylgene Inc., Questair Technologies, Imaging Dynamics

Looking at the stock market over the past, the incoming of a new American president, for some reason, causes the stock market to drop. I didn’t know about this but I am unconcerned as it’s just a waiting game till they come back. The result of not knowing? I lost 1362$ today in my portfolio. I was just shy of hitting 30 000 but now I just have to be patient and sell a bunch of stock in the coming days as the stock market gets over it’s shock. As I mentioned earlier, losses don’t count unless I sell, which I haven’t so this means very little to me.

Thank you Resin Systems Inc. (RS.TO) for a 77% return in 13 trading days!

77% gain, netting me an easy 600$ profit in 13 trading days!

I had bought 5 000 shares of Resin Systems Inc. on December 31st, 2008 for 14.5 cents a share (725$) and sold them today at 26.5 cents a share (1325$), netting me a 77%  or 600$ return on my initial investment. The first time I bought and sold this company I made 47% return in 5 days so this is a stock that I watch very closely.

About Resin Systems Inc.

Resin Systems Inc. focuses on creating new composite materials using wood, steel and concrete for their recipes. They initially launched in order to produce a composite electricity pole which, 3 years later, they received their first order for. They are based out of Calgary, Alberta.

Buzvia: Resin Systems Inc.

Did I just make 200 000$ off an 800$ investment that is but two days old?

Today was an incredible day on the TSX, as posted two days ago, I bought 20 000 shares of StrataGold Corporation (SGV.TO) for 0.04 cents a share on January 12th, well today, they grew by 150% before trading was stopped! What’s even more exciting is that they have discovered an additional 37% (2.7 million ounces) of gold deposits in their Dublin Gulch Eagle Zone mine! The result is their shares went nuts and they had to stop trading on the stock market! So, right now, I either lost 800$ due to fraud (Bre-X Minerals Ltd) or made a cool 200 000$ in two days if their shares go up to 10$ a share!

I bought this stock on January 12th... now it may be worth a fortune!

StrataGold Corporation Info

StrataGold Corporation is a gold exploration and development company focused on three prospective gold projects: Dublin Gulch, Yukon, Tassawini, Guyana and the BRL Venture, Guyana. Dublin Gulch and Tassawini represent the most advanced projects within regional land packages StrataGold has consolidated within the Tintina Gold Belt in the central Yukon Territory and the Guiana Shield, Guyana.

Any one of our major projects, Dublin Gulch, Tassawini or the prospective BRL Venture could potentially carry us forward on a stand-alone basis; together, as a portfolio, they bring StrataGold Corporation the stability of diversification and the strength of critical mass.

You can read more about the discovery here
StrataGold increases the Dublin Gulch Eagle Zone Deposit indicated gold resource by 37% to 2.7 million ounces

Bought BKX and WEF

I bought two new companies today, 3 500 shares of BKX Petroleum Inc. (BKX.TO) for 18 cents a share and 5 000 shares of Western Forest Products Inc. (WEF.TO) at 19.5 cents a share. With a new president coming online next week, I would expect the stock market to rise at least 10-15% over the coming month.

Buzvia: Stratagold Corporation (SGV.TO), StrataGold Corporation

Today is the first time my portfolio dropped in value, it dropped a total of 384$, I am still just shy of reaching 30K from my original 15K investment about 7 weeks ago.  What I found odd is the market actually had a “good day” today on the TSX with stocks going up. This just re-enforces my belief that once you make money with a stock, sell it and buy another one that can be found at a good price with lots of potential.

You can’t be greedy!

Although I spend a few hours every night studying stocks, I am not immune to greed. I had some great performing stocks but decided to keep them a little longer to eek out a few more percentages before I was to sell them, the result, they are still UP from when I first bought them but lost a lot of value. I didn’t follow my own advice, learned a lesson, won’t let this happen again.

TSX

When I first started on the stock market, as you can see, I played a bit on the NY Stock Exchange but now am mostly on the TSX. The reason is I understand the Canadian economy more than the American one but right now, I can use any stock market in the world so either way, it doesn’t really matter which stock exchange you use as long as it makes you money.

Message from Glenn

Hey Jon/Marcel, I used to run a blog like this a few years ago when I was actively trading every day in Australia. It became quite successful and had a lot of daily readers. I’ve moved overseas now though and haven’t really traded although I am looking to start again. I was wondering if you would care to discuss you stock selection strategies at some point. The biggest difficulty I’ve had trading in since moving to Europe is the lack of local knowledge. I didn’t realise how much I took for granted from little things I read in the local papers or on the news. So I’m very keen to share ideas with successful traders from other countries to see what and how it is working for them. Hope to speak soon, Glenn

Hi Glenn, I talked to my Uncle about your message and he has a few key points to further clarify upon.

1) Don’t buy what you don’t understand, he spends a lot of hours studying stocks and looking at potentials performance before he buys them. There is a lot of randomness in the market but not following the crowd and doing your own research is what lead to him doubling his money and still doing very well.

2) He never sells at a loss. Today for instance, his porfolio dropped in value but he doesn’t really care as he is using money he can afford to lose. He is in no hurry to sell so waiting for stocks to perform is fine by him. If it takes a day to make money or a year on an individual stock, he always has plenty of fish in his lake that are eager to become his diner.

As of January 11th, 2008, this is the portfolio I am holding in my CredentialDirect account:

• ADS  10000
• AKL  5000
• AMB  5000
• BSY  5000
• CBM  5000
• CLL  1000
• CSA  2000
• CWG  5000
• CYY  2000
• DAV  5000
• DUR  7000
• EG  5000
• EIN  3000
• ELR  3000
• GNE  10000
• HRG  10000
• HWO  2000
• ICS  5000
• IDL  5000
• IQW  10000
• KAB  2000
• KOM  10000
• LRI  1000
• MCH  5000
• MTM  5000
• MYG  2000
• ORB  20000
• OSI  3000
• P  5000
• PLI  5000
• POS  1500
• QAR  5000
• RBM  3000
• RDL  2000
• RS  5000
• SVG  20000
• SMG  10000
• SVC  1000
• TIO  25000
• TLC  2000
• WNX  10000
• ZL  2000

Why did I get into the stock market?

Nobody takes as good care of your things, especially the financial ones as you would. Life is too short to spend it running around in circles and I trust only myself with my own financial security. If news reports are to be trusted, the markets haven’t been this low for 80 years! So, this has to be the best time to join because you are getting everything at enormous discounts! Great companies making real money are so under-valued it isn’t funny… so I plan on profiting from this as much as I can. Get some money together and jump right in!

My Philosophy

I follow my gut instinct when it comes to the stock market, I don’t care what others do and I don’t follow the crowd, if it makes sense, I do it, if not, I don’t. There are thousands of very solid companies out there that lost a heck of a lot of value and they will come back with a vengence once things improve.

My Methodology

What I look for is the 52 week high and low. If they come back half of what they where, I can make many multiples of pure profit in a short period of time but this takes time and patience. I check the numbers of employees which they can always cut should things go bad, the volume of trading, book value and most importantly, how I feel about the trade in general.

Why buy penny stocks?

I buy mostly penny stocks because they can’t go much lower and when they go up, they do so at a far larger margin that very expensive stocks. It’s always easier to double 50 cents than it is to double 50$! If you buy a stock at 10$ a share, there is probably still some meat that hasn’t been eaten off yet while for a 1 cent gain on a 4 cent stock represents a 25% increase at a fraction of the initial cost.

More profitable Tips I have learned so far

If you by 500$ in one company and 10 days later it goes to 1 100$,  sell it right away and dive back into the market with the profits. You can’t be greedy, buy, double, sell… waiting for a few extra dollars here and there is a waste of time.

Try to hold between 50 to 100 penny stock company so every week 5 or 6 company will double or triple, sell them and by some more but always check the one you sold previously because they may have dropped again and you can repeat the cycle again and again!

Let me start by stating that I have no formal training in stocks, the techniques I have developed are based on trial and error. That being said, I have almost doubled my initial investment in the stock market in about six weeks when everybody was loosing their shirt! I realize that post-dated trades are easy to fake so from now on, I will be posting my buys and sales the day I make them so there is a valid and undisputed internet record of what I am accomplishing. All my trades can be verified by my broker and I am currently have one of the top 100 best performing porfolios with CredentialDirect.

I started on November 21st, 2008 by putting $15 000 into my CredentialDirect account in Vancouver, Canada.

My Trading History

• My first acquisition was 1 000 share of GM.US at $2.99 on November 21st, 2008 which I later sold on December 2nd at $5.00 a share which totaled $2217.00 in 7 days of open market. I made a return of 57% in 7 days on this trade!
• On November 21st, 2008, I bought 1 000 shares of Ford F.US at $1.45 and on December 2nd sold them at $2.75 a share for a profit of $1449.00 in 7 days. That’s a 76% profit!
• On November 23rd, 2008, I bought 4 000 shares of VRS at .145 cents a share on December 10th and later sold it for .30 cents which gave me a profit of $582.00 in 14 days netting me a 97% profit!
• On November 23rd, 2008, I bought 10 000 shares of ADS at .075 cents a share and on December 17th, I sold them for .125 cents which gave me a profit of $462.00 in 7 days. 60% profit!
• On December 4th, 2008, I bought 1 000 shares of TRW.US at $2.68  and on December 10th, I sold them for $3.85, Giving me a profit of $1 310.00 giving me 37% profit in 5 days!
• On December 5th, 2008, I bought 10 000 shares of RS at .11 cents on December 10th and sold them at .165 cents a share. Netting me $512.00 in 4 days at 47% profit!
• On December 15th, 2008, I bought 5 000 shares of ANP at .235 cents a share and on December 24th, sold them for .56 cents, giving me $1581.00 in 8 days. 233% of pure profit!
• On December 18th, 2008, I bought 1 000 shares of DML at .92 cents and flipped them on December 30th for $1.27, giving me a profit of $331.00 in 9 days. A nice 35% profit!
• On December 11th, 2008, I bought 1 000 shares of BCB at $1.04 on New Years Eve, sold them for  $1.46, giving me a profit of $382.00 in 15 days, that’s 38%!
• On December 23rd, 2008, I bought 5 000 shares of BVX at .12 cents and flipped them on December 31st for .41 cents, giving me a profit of $1 412.00 in 5 days. 328% profit is a nice end for the year!
• On December 17th, 2008, I bought 5 000 shares of BWR at .075 cents and on January 2nd, 2009, sold them for .17 cents. A profit of $437.00 in 10 days with a 110% return on my money!
• On Nov 26 bought 1 200 shares of ABH at .93 cents on jan 7 sold it for $1.22. This trade along gave me a profit of $319.00 in 27 days, a 28% return on my money!
• On December 15th, 2008, I bought 5 000 shares of NTC at .11 cents and on January 7th, 2009, I sold them for .24 cents. This gave me a profit of $621.00 in 14 days. 109% return on investment!
• On December 24th, 2008, I bought 5 000 shares of VAS at .12 cents and sold them on January 9th, 2009 for .27 cents, a profit of $731.00 in 10 days. 125% return!
• On Deccember 11th, I bought 2 000 shares of CGS at .76 cents and on January 5th, I sold them for .91 cents. A 17% profit in 15 days giving me $271.00!

Where things stand right now

I still have 39 other company stocks which I am holding at the moment but from now on, I will be posting sales of those ones as well as purchases of new stocks. I started with $15 000 and in 6 short weeks, have a portofolio that is now at $29500 and growing DAILY!