Stock investment tips.

So certain events have occurred and I've decided to be a millionaire instead of a nurse, mainly to avoid any misunderstandings, since any misunderstandings would be big misunderstandings.

Anyway, I have my flaws, people misunderstand me, which I believe I have mentioned, perhaps I also am impatient and prefer to go my own way when learning things and end up out of the loop, not using the right terms and lingo, however on the plus side I have often been called a good judge of people/character and I believe I am quite competent and intelligent when I am committed.

What would be the absolute raw basics of investment then? I believe that I have the potential to become exceptional if I apply my finely honed reasoning skills to this task. I shall have my million in no time.

>>79

Excellent points about reasoning, I never really thought about it in that manner.

"Well" we dumped our nog at 13.90 when oil broke 89.75 just like I said i would.. turned out to be the right move. We also completely exited ANIK.

I am very afraid of the markets right now. We are holding onto our CNAM our primary long term holding. And we are going to cash. We are shorting the euro. As well as several other large cap companies.

I am expecting the markets to pull back somewhat over the next few weeks, and I'm afraid to have any positions here besides some careful shorts and shorting the euro, and of course our cnam, which is so undervalued, it doesn't even matter what the market does really, cnam will probably trade down a bit, but not enough to make me exit since the liquidity is rather low.


Yes NOG has a lot going for it, the reason it was high was primarily profit expectations, but it has consistently missed it's earnings estimates, imo due to management lack of experience. I see signs that management is making some very smart moves lately, and they beat last estimate, so signs are the company is turning around.

The value of their oil reserves is enormous. One key market event that might add a lot of long term value to NOG, is the completion of the approval of the Keystone pipeline that runs right around their territory.

If the keystone pipeline gets through it will unblock oil from the US heartland and allow Canada to export more oil, and raise oil prices in the united states.

If keystone XL gets approved than this stock would probably be a long term hold, again the key thing here is oil prices, and i'm not willing to own it while the economy is pulling back and oil prices might be headed to 85-80 bbl.