Reykjavik – Iceland’s capital city has a population of about 120 thousand people and is the largest city in Iceland. It is a beautiful city to explore. Here are my favorite places in Reykjavik: 1. The Hallgrímskirkja – is the largest church in Iceland and is stunning inside and outside. It is a young church- under 50 years old, construction completed in the 80s . It is a landmark structure of Iceland . You can go up to the top…
Today is Snapchat’s 3rd quarter earning report . I have held snapchat since June of 2017 ! My thought process when I bought the stock. I bought it as a short term speculative play and got caught in its downward spiral ! I shared my lessons learned from this trade . I bought the stock as a short term play – however by following the stock I came to appreciate the company’s ability to innovate and release new/unique features . From personal experience…
Today/yesterday was a good day for long holders of SNAP chat stock ! The stock has run up over 11% within the last two days ! It has also gone above the $16 mark ! If you been reading my blog you would be aware I currently hold a long position in SNAP . I wrote about it earlier in the year ! I originally bought this stock at $17 . I have held this stock as it hit its…
The market keeps running up and I keep on waiting on the side line waiting for a pull back to go back in . So getting a bit impatient ! I watch BNN top pick everyday to get introduced to new companies and ideas. Ryan Bushell an energy sector Portfolio Manager was on – taking about his past picks and his top picks. One of his top picks AltaGas [ALA-T] currently trading at $28.59 and with a dividend yield over 7.3%…
I came across Keysight Technologies on BNN . It was recommended as part of two BNN guest’s top picks. Another reason it caught my interest was because I used to use their products when I worked at Blackberry to develop and test our chip set . Jennifer Rahman recommended on her top picks. Some points that she highlighted I found attractive: 50 percent of their businesses is repeat business 5 G deployment will require products offered from this company to…
I had bought a Snapchat put on Aug 7th, 2017 to offset the downside risk of my equity long position. Especially to protect it against large possible downward movements last Friday – when SNAP’s second quarter earnings came out. I paid $505 for a put contract for 500 shares with an Aug 18th expiry rate and a $13 strike price. The $505 is the premium I paid for the downward protection. I mainly bought it to offset the risk of…
About five weeks ago I picked up SNAP for a short term trade. I wrote about it here . I made a few mistakes with this trade. Mistakes I had bought the stock at $17 per share and had watched it run up to almost $18 – choosing not to sell at this point. Greed can at times mess up short term positions. At that time I didn’t realize a key event that was on the horizon for SNAP. The…
Earlier this week I had opened a long position in Katanga Mining (KAT.TO) for a short term trade. Some earlier posts about KAT.TO . Today, I had sold my position for a 2.5% gain. If I had set my sell target just a bit higher I could have made a 5% gain. However, KAT.TO didn’t behave as I had expected – wrote about my expectations earlier in this post . I am human so I do feel bad that I…
I had a short term position in Katanga Mining Limited (KAT.TO) and I was expecting a boost for this stock based on Tesla’s results. Cobalt is a metal used in electric cars similar to Lithium . Unfortunately for me I didn’t see any sort of gains for KAT.TO correlating to Tesla’s results. I did see a 7% gain in Lithium stocks – in both LAC.TO / LACDF and PE . I own a small position in PE and I just…
I hold many long term positions – I also enjoy doing short term trades. It keeps me engaged . One of the stocks I currently own for a short term trade is Katanga Mining Limied ( KAT.TO ) . I first heard of this company from BNN. At that time I wrote about it and saved it as a ticker I need to do more research on. From the actions I have outlined in that post I have only done one…