Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)

TradingChief

TradingChief
Send Message
View as an RSS Feed
View TradingChief's Comments BY TICKER:
Latest  |  Highest rated
  • Zenyatta Ventures -Rarest Form Of Graphite At The Highest Purity Levels Recorded! [View instapost]
    I am being as realistic as I can, so the short term target is $2.50 but it will be there in 4 months or less. I can justify a target of $5.00 now, but would rather wait. I will post another article I have written on ZEN and you can see what I mean,
    Feb 7 08:43 PM | Likes Like |Link to Comment
  • Molycorp: Price Target $3.50 - $6.10/Share Due To Asset Impairment Risk [View article]
    Since when does a writer here become the guidance for everyone or for that matter anyone? SensibleRisk said: . However, you cost a lot of people a ton of money when it bounced $1.60

    What idiots buy and sell based on what is written here, and do not understand its an opinion? For those that use these as "law" well you would lose your money anyway! Don't be so foolish!
    I thank the author for his opinion and analysis.
    Jan 25 03:08 PM | 2 Likes Like |Link to Comment
  • Why Graphite Is The Future, And Now Is The Time To Invest [View article]
    Since this last reply ZENYATA or ZEN-Toronto (ZENYF.PK) has risen from 43c to 95c
    We are within days of being told what the purity level was of the high grade lump graphite. It is expected to be at least 99.5% which means ZEN will be competing in the Synthetic Graphite market. That market pays the highest price per tonne. At the peak Synthetic was selling for over $20,000 a tonne.
    We should find out shortly what the cost to refine to this level would be, but at this point its nothing significant from what I am hearing. As a result we have raised our short term target on Zenyatta to $1.45 medium term $2.50

    Declaration- we have owned ZENYATTA shares since it was 17c and have no shortterm interest in selling any shares. We will sell 1/4 of our holdings at 1.45+ if it occurs, to cover the purchase of these shares.
    Jan 6 10:30 PM | Likes Like |Link to Comment
  • The Graphite Investment Boom Is Just Starting [View article]
    Since this last reply ZENYATA or ZEN-Toronto (ZENYF.PK) has risen from 43c to 95c
    We are within days of being told what the purity level was of the high grade lump graphite. It is expected to be at least 99.5% which means ZEN will be competing in the Synthetic Graphite market. That market pays the highest price per tonne. At the peak Synthetic was selling for over $20,000 a tonne.
    We should find out shortly what the cost to refine to this level would be, but at this point its nothing significant from what I am hearing. As a result we have raised our short term target on Zenyatta to $1.45 medium term $2.50
    Jan 6 10:27 PM | Likes Like |Link to Comment
  • Research In Motion's Q3 Conclusion: Aggressive Buy [View article]
    I am short at the moment so thats the declaration. Here is the reasons

    1) They have 2.9% of NA market and no matter what is said, it still does not add up to huge sales
    2) North America is the only market the slime ball shorting brokerages care about, so they will harp on that till they get the stock to drop
    3) RIM will have no sales to report by the time Q4 results released. So the only official indication of actual sales will be July or Q1 results. That gives the same shorting brokerages ample time to report crap sales.

    For what it is worth, I will be long by the time the rumors do their damage.
    Dec 27 02:12 PM | Likes Like |Link to Comment
  • The Graphite Investment Boom Is Just Starting [View article]
    I have NGC and ZEN but am, at the moment, more enthralled with ZEN- Toronto (ZENYF.PK).
    Medium term I believe ZEN has a far greater upside as well. Both stocks would make good longterm investments.
    ZEN is drilling a large anomaly now, if it runs into more vein graphite and if the anomaly they have identified is all graphite, it will be the largest discovery on this continent. So again, lots of upside but higher risk.
    Apr 10 10:23 PM | 2 Likes Like |Link to Comment
  • How Gold Performs During A Financial Crash [View article]
    This is phase 3 of a 4 step cycle that occurs in most speculative environments. Gold is now being returned to the banks from whence it came. These banks will collect the gold sold as the sellers seek liquidity to assist them as the banks lock up again.

    Once the cycle of acquiring the gold is complete. The banks will once again own the gold and the banking system will remain somewhat stunted. Then watch how difficult it will be, this time around, to get your gold back.

    I am not a gold bug, but I have no doubt that Banks will charge fees that will discourage, even the greatest gold bug, in the future.

    Once gold is returned to the banks. Gold will begin to appreciate quickly so the banks can use the gold asset to offset other failing or depreciated assets.
    I own physical gold for the long term and buy it periodically as any "collector" would buy his favorite art. Sometimes you pay more for a piece, other times less.
    Sep 23 06:52 PM | 13 Likes Like |Link to Comment
  • Do You Believe in the Bernanke Put? [View article]
    The FED is misdirected. Likely because all of the economists worth their weight are now on the FED payroll and are now more concerned about that pay check then they are about being independent. Economists in the US now "NEED" the recognition of working for the FED or they are seen as lessor beings. The FED now controls about 800 Economists all of which no longer want to express things "as they are" in fear of being kicked out of the Old Boys club.

    Bernanke orchestrated the failure of the US economy with his hero Greenspan. None of the economists saw it coming because they were so used to rubber stamping the Chairman's thoughts.
    Your only and last hope, is Ron Paul. The FED should be reduced to some insignificant back office somewhere. Bernankes choice is to measure inflation by eliminating those things that have inflated. He is single handedly ensure the Senior Citizens of the US can no longer live from interest on the little money they have. He has single handedly passed trillions of free cash to banks that still hold the criminals that caused the crash. He takes credit for the turn around in the stock market but denies the flood of speculative money has created the food crisis we see around the world?
    When challenged, his answers basically suggest that " prominent economists agree with his tactics". Thats true, remove them from the FED, or the need for FED endorsement to progress in their field, and I can guarantee you their would be 100s disagreeing with his approach.

    What the US has demonstrated is that the criminals who bankrupted small family America still are in power. Through the political machine, taxpayer money made them "whole" through bailout after bailout. In return for those bailouts, companies like Goldman Sachs paid back their $10billion TARP by dumping $10billion in debatable mortgages on the FED. The remaining $20billion of AIG money? Well they were entitled to it !!!

    Bernanke insists continually that TARP worked that the approach he has taken is working well and things will get better. Yet the US debt has sky rocketed to $15.5trillion after this budget? So where did the $5.5trillion go over the last 3 years if "everyone has paid the money back with interest"?

    Pouring $100s of billions into the stock market is NOT Bernankes Job. Putting Americans out of their homes is not Bernankes Job. None of what is occuring today is Bernankes Job. If interest rates were 6% right now at least some people would be able to make their mortgage payments from income on savings. Bernanke is succesfully transferring the wealth of the nation from Joe to the financial elite.
    Never in the history of the US has so much wealth been transferred from the middle class to the Government and the rich, never!!. The continual pilfering of free cash through the FED window to fund US Companies overseas operations is making a laughing stock out of everyone involved.

    Pray Ron Paul has the testicular fortitude to do what he has said he would do if put in power. He has it now, now we'll see if he has been "re-programmed" and becomes a sheeple!
    Feb 4 08:10 AM | Likes Like |Link to Comment
  • Resverlogix: A Cautionary Tale [View article]
    As you suggested
    seekingalpha.com/insta...

    TC
    Jan 23 06:22 PM | Likes Like |Link to Comment
  • Resverlogix: A Cautionary Tale [View article]
    Here are the guidelines I follow for all Biotechs.
    1) If Preclinical and it pops hard because a rat, mouse, monkey is cured trade it with a vengence. There is not a mouse in the world that cannot be cured of every human illness. Its true. They all have been cured of brain cancer, brain tumors, bad cholestral, lupis, diabetes etc etc etc. We have spent Trillions curing rats and mice, its gotta be our turn sometime :) So if someone cures a rat (monkey) and they run the stock, Cost average down immediately. It is the time of greatest money made with absolutely no proof it works.
    2) Assume the company that just did preclinical isn't even remotely ready for a PH1 because its not.
    3) Also assume that no one with a brain will lend them money just because the monkey, rat or mouse is cured, unless they are able to short well in advance of a PP and basically go in for free
    4) Always assume they are late at anything they do, and if they send out an News Release saying everything is on schedule sell the pop. Because they are never on schedule.
    5) Always sell the pop on the start of a trial, because they have not recruited anyone yet. So to find suitable people for the trial and setup the trial facility takes months and months. Its like adrilling company "starting the summer drill program". They can make this announcement and they may have just contracted the rig and the rig is not even due on site for a month.
    6) Always play a PH1 result because 99.9% underdose and there are only checking to see if the drug can be tolerated. Its always succesful so its a money maker, then sell and short after the pop wears off because now you have a long wait till a PH2 can be coordinated on the PH1 data.
    7) Play the rumors, watch the other boards. If they have allot of people that continually say "good things coming". Heard Pfizer interested. Don't believe it, play it because even if Pfizer is interested the rumor will die when the stock dies.
    8) Try to have your cost at zero by the time the real trial begins. Take out a 10 year chart on ONC, RVX, DNDN and HGSI copy them onto a paper and hold any two up to a light they are literally carbon copies. So learn to play Biotechs from the similarity of the chart. First pop is always the biggest and always tends to die in the high $20s, second pop is always from around $13 and goes to just over $20, then its starts the death spiral.
    9) Stay away from bulletinboards that get your juices flowing. Do not believe people that are "loading up", backing up the truck" got a friend thats running the trial and is saying WOW". People that say things like just added another 20,000 shares are in 99% of the cases on the offer and need a bid to unload their stock
    10) Most importantly if RVX is worth $100 which its not, why do you need to have 10,000 shares? Why not 2,000? I tell you why "GREED". Everyone on the boards call for $100 are already doing the math... 10K times $100 man I'm gonna be rich!!!! But none say 10K times $1.00 fark!!! I could lose my shirt on this $7.00 stock. They always look up and never down. Thats why we use those boards they tell us when the next run is going to occur. You can watch the sentiment go from "toss the bum CEO" too "we should turn down any offer below $90"
    11) Buy what you can afford do not over expose yourself unless its the first run, then go all in, and get out as soon as your cost is at a low low low level.
    12) Always remember everyone you are talking to on a bulletinboard has a vested interest in seeing the stock rising. Also note that anyone that says its a good short or thinks its going to fall is a "bashing shorter". To become part of the incrowd you must support the theory you and your cyberfriends will be rich. Sometimes shorts know exactly what they are talking about and, not all people selling are bashers. So stay open minded. Thats not easy, I was closed minded about AMZ.TO recently because of the person who brought it to the board. We called the pull perfectly but I was sure it was the other board that was running the stock, so never revisted my opinion. Big mistake ALWAYS revisit what you think and question yourself as to why you think it? Are you a bull because all the boards are bully or because you wanna be rich or, you really know the facts.
    13) Glad you posted this , glad you are learning from the experience, be ready for the next wonder drug Bio and get your money back following some simple rules. Its never too late, there is a mouse, rat, monkey, just waiting to be cured :)

    I don't spell check sorry, good luck
    Jan 19 06:02 PM | 1 Like Like |Link to Comment
  • Resverlogix: A Cautionary Tale [View article]
    There is an alternative which most investors do not want to hear. We are the other side of the RVX story. Anyone that played RVX as we have, are now up over $40.00 a share. We believe, in a far different approach to long term investing. We buy our long term amount, and then we buy what we can afford as a trading amount. We trade the trading amount, based on hysteria and gloom both of which, were provided by other stock boards. We prevented the hysteria from spreading to our board and demanded level headed thinking.
    Our board is not hyperactive, we prefer to have one good post, rather than a thousand hysterical ones.

    Page back to the onset of this fiasco and read how we traded it. I personally sold out longs and traders at $27 and its recorded on the board. I have shorted this stock numerous times, because if you learn anything from Bios, always remember they disappoint, at least once in every phase of their trials, so you "always" take profits on the hysteria. tradingchief.com/stock....

    Good luck with the rest of your investments. We can show you there is now difference between DNDN, RVX, ONC (ONCY) HGSI There charts are identical.
    Jan 17 02:05 PM | 1 Like Like |Link to Comment
  • In Defense of Meredith Whitney [View article]
    We have always believed that this is a huge con job well orchestrated by the FED, Government Sachs and the rest of the Oligarchs in the USA. What you do is hide the debt of those that caused this fiasco. Then you give them money free. You perform the worlds best wash trade through AIG and hand them $100s of billions of Taxpayer money for free and pay $1.00 on the $1.00. You then do not demand this money be used for loans, instead you do not limit them. They all then rush into the market with $100s of billions of taxpayer money and run the market while Joe loses his house and job. PNC Bank CEO is proud to announce that he took $5billion in TARP and bought a bank on the cheap so enhanced shareholder value. So American Greed is still intact. ALL CEOs are responding to Shareholder value by firing Joe and still attempting to stand there waving the American Flag as a "True American". What we have observed is a repeat of the previous financial bubble. Government Sachs and the FED are working this market into a frenzy. 3 FED governors do not believe the market is too frothy? Yet have 100s of billions in it, with the idea of retrieving it at a profit. Tell me how that is not another manipulation of this Socialist Market? The problem with the US right now is they are in denial. No one wants to know how much this fiasco has cost the taxpayers nor do they want to know how much the FED has floating out there to support this fiasco. In the end Whitney will be proven right. The biggest danger the US has is the level of incompetence in the accounting department. No one knows how much money you are using or losing to win this battle. GE- Immelt rants on hiring Americans, then fires all the solar panel workers in GE and Opens a new building in China. Your problems are systemic. The banks are one of many problems. The US Citizen is just sitting there taking it all. When will you guys start worrying about Joe American and not the shareholders? CAT fires 4000 people opens a factory in China and their stock pops. When will Americans actually care what is happening? PNC is proud to have bought a bank with taxpayer money while watching Joe get tossed from his home? When is it time for America to stand up for Joe? We are ashamed of our neighbors to the south. You are ditching peoples lives for the almighty dollar, which by the way "ain't so mighty".
    Nov 18 08:45 AM | 9 Likes Like |Link to Comment
  • Weekly Market Recap: What Year Is This, Anyway? [View article]
    Yur good! :)

    Excellent read, well written, concise, no run on sentences, no beating a point to death, something I am unable to do, I am a professional ranter.
    Aug 29 11:53 AM | 1 Like Like |Link to Comment
  • The Green Bar of Death [View instapost]
    Interesting theory on DRYS. We have a standing joke on the site that occasionally someone looks in the "hold" of the ship and yells "no cargo" and DRYS tanks, so we have always sold the pops but will spend more time looking at this relationship, very interesting.
    Jul 29 08:41 AM | Likes Like |Link to Comment
COMMENTS STATS
14 Comments
29 Likes