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.

I sold a bunch of stock a few days ago and to my surprise, it cost me a small fortune, I still made a profit but got dinged by fees of about 800$! I noticed things were a little funny when I traded individual stocks but thought nothing of it but when I sold 16 shares, I was astonished by how much my “net profit” had dropped. I called my broker and they said there is a transaction fee plus a percentage fee. I guess eating nothing but moose and squirrel meat with frozen potatoes for the past few months caused my eyes to miss the “fine print” when I signed-up to CredentialDirect. No big deal, now I know, I still made money but now I have to be a little more careful. As a result of these surprise fees, I have less Canwest Global Communications (CGS.TO) than I thought I would have but they still make-up a substantial part of my holdings.

Stock Holdings so far

• AMB.TO
• BKX.TO
• CGS.TO
• CLL.TO
• CRU.TO
• CSA.TO
• CYY.TO
• DAV.TO
• DUR.TO
• EG.TO
• GNE.TO
• HWO.TO
• IQW.TO
• KAB.TO
• KOM.TO
• LRI.TO
• MCH.TO
• P.TO
• PLI.TO
• PSR.V
• SMG.TO
• SVC.TO
• TLC.TO
• WEF.TO
• WNX.TO
• ZL.TO

I have now updated my stock holdings bar on the right hand side of this blog to reflect these changes.

Arise Ballard… hopefully tomorrows technologies make me money today!

Tomorrow I plan on buying some Ballard Power Systems Inc. (BLD.TO)  which manufacturers batteries which are increasingly becoming affordable and with electric cars, in high demand. I am also planning on buying some Arise Technologies Corporation shares as well (APV.TO) whose focus is on solar power technologies, which will also increase in demand as time goes by.

Buzvia: Ballard Power Systems Inc., Arise Technologies Corporation and Canwest Global Communications

Hi, interesting BLOG you have here and I do agree with you … doubling your money in the stock market is not hard.

Are you not concerned with the huge debt, decreasing ad revenue and possibility of them not being able to make debt payments?

Dave

Hi Dave, thank you for your comment and you bring-up some very important points. I know Canwest Global Communications (CGS.TO) had it’s biggest ever loss and enormous debts that need servicing but I believe that this stock will gain back at least half of its original value. Whether this takes a week or a month, the rewards are hard to pass on in my opinion. I think this stock will go up fast though once people realize the value behind Canwest Global Communications. I have no second thoughts in investing 15K into this company which are basically all of my gains over the past two months but if I am right, this 15K will be worth 30K very soon! I am still investing my other half into other companies in the meantime.

Buzvia: Canwest Global Communications

There is a big reason why I don’t get stocks in venture based companies, mostly because they are great money pits with the long-shot promises of untold wealth. They don’t actually produce anything, they make money by getting money from others, spending it on other companies and hoping for a return… which, even if there is none, still manage to turn a profit which just doesn’t amount to much in my opinion. I am trying to get very large returns in a short period of time, long small returns over a long period of time.

If you decide to go into venture based companies, do it when they are very young and full of speculation or marketing buzz, that is when you will make double or triple returns on your investments. The instant they start to stabilize, get out and invest your money elsewhere.

Buying some CRU

I had 250$ left in my portfolio to make some purchases before I need to sell some stock once Obama comes into office, so I decided to buy 2 500 shares of Crew Gold Corporation (CRU.TO) at 8 cents a share, it may be a long shot but I don’t mind gambling when the odds seem in my favor based on the extensive research I do before any buying opportunity presents itself to me.

This company's stock seems ready to grow again!

CRU is an international mining company with 3 prospective sites, like StrataGold Corporation which, last week, went nuts then did nothing after a huge find which still mystifies me to this day.

Things so far

I now have 45 companies in my portfolio and am getting anxious to solidify some very good gains some of them have done once the inauguration is finished. I figure there will be 4-6 stocks that will be ripe by then and sold to finally get over the 30K hump from my initial 15K investment about two months ago.

Future Goals

My goal now is to own around 75 companies so every week, 4-5 can be sold at a hefty profit while the others slowly regain the stream they lost due to the recession and economic crisis that has been occurring over the past few years.

Like I wrote earlier, this is THE TIME to profit in the stock market!

Buzvia: Crew Gold Corporation, StrataGold Corporation

I have decided to hold-off any sales or purchases until after Obama gets sworn into office short of a stock going absolutely nuts on me like I had thought StrataGold Corporation (SGV.TO) would have today!

I find it mysterious that such great news out of StrataGold Corporation (SGV.TO) lead to an almost doubling in the value of stock yet today, it came back down to Earth. This was a HUGE find… yet, people sold at the peak and it crashed. The stock market is more random, quirky and unpredictable than even I ever thought.