November 24, 2024, 02:29:39 AM
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1
on: May 15, 2023, 11:45:05 AM
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Started by boingo - Last post by garilou
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Hi, I am answering a little (more then a little!) late. By the way, Hello DCA, long time no see. And hello all SSPs. I just wanted to add to DCA’ s reply, mainly to this part of your question, “So then i assume this mean the software does not send email alerts on its intentions to buy/sell for 1 (or more) weeks or will one still get email alerts each day about the software intentions to buy/sell. I'd prefer to get email alerts for say Ultimate v4 and v5 only”Most portfolio especially the Momentum portfolios, receive orders only once a week. You may ask to receive the buy/sell orders only for the portfolios you want. The SSP investing is much much more complex then only issuing buy and sell orders. It is a whole sophisticated method to balance and rebalance your portfolio. And it’s theoretically only by following the rules that one will profit at best from the algorithm. It is a lot of calculations though, and I had it all programmed in an Excel sheet. In fact, there were some problems to trying to follow exactly, part of those problems were 1. Considering the fees that are not taken in account by the algorithm, 2. Buying exactly at the closing price 3. The portfolios are always considered as fully invested. Even if portfolios 4 and 5 seem the most profitable, I find it useful to receive the orders for all 5 portfolios once a week. It allows you either just to keep an eye on the new stock ordered “buy” and buy it when it reaches portfolio 4. Or buy right away a small position, sell if it doesn’t make it to portfolio 2, or add a little bit to your position each time the stock gets a buy order in the next Momentum portfolio. For sure you’ll have to rebalance a bit - unless you have a cash source never empty. But the idea of the algorithm is to start with a certain amount and keep it fully invested. But I think the most important thing to do it as close to the SSP formula as possible and that seems counter intuitive to many: add to your winning positions, and diminish your less winning or your loosing position. So many people try to average down, buying more when one stock’s price goes down . It is tempting… but the stock bought cheaper does not erase the loss made previously. I’ve been silent but following SSP for way more then 10 years now. Really the best I’ve seen. Worth clicking on their adds once in a while.
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2
on: February 02, 2022, 11:49:38 AM
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Started by Super Stock Picker - Last post by Super Stock Picker
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As a result of an acquisition, the shares of Golden Star Resources Ltd (GSC.TO) have stopped trading on January 30th. In our Earnings Estimate Upgrades portfolios, this operation has resulted in the sale of all GSC.TO shares on January 30th. See the full press release below: TORONTO, Jan. 28, 2022 /CNW/ - Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ("Golden Star" or the "Company") and Chifeng Jilong Gold Mining Co., Ltd. (SHSE: 600988) ("Chifeng") are pleased to announce the completion of the previously announced plan of arrangement under Section 192 of the Canada Business Corporations Act (the "Transaction"), involving the Company, Chifeng and its subsidiary Chijin International (Hong Kong) Limited ("Chijin"), and Chijin's assignee Kefei Investment (BVI) Limited (the "Assignee"), pursuant to the arrangement agreement dated October 31, 2021, as amended by an amending agreement dated November 24, 2021 and an assignment and assumption agreement dated December 21, 2021 (collectively, the "Arrangement Agreement"), following the receipt of all required regulatory approvals and satisfaction of all closing conditions. Golden Star Resources Ltd. Logo (CNW Group/Golden Star Resources Ltd.) The Transaction Pursuant to the Arrangement Agreement, Chifeng, through Chijin and the Assignee acquired all of the issued and outstanding common shares of Golden Star for US$3.91 in cash (equivalent to approximately C$4.85 as of October 31, 2021) per share, which equated to a total Transaction value of approximately US$470 million on a fully-diluted, in-the-money basis. Further details of the Transaction are set out in the Company's management information circular dated November 25, 2021 (the "Circular"). A copy of the Circular was filed on SEDAR on December 6, 2021 and can be found under Golden Star's profile at www.sedar.com. The common shares of Golden Star are expected to be delisted from (i) the NYSE American within approximately ten calendar days, (ii) the Toronto Stock Exchange within two to three business days and (iii) the Ghana Stock Exchange within eight business days. In addition, Golden Star will apply to cease to be a reporting issuer or its equivalent under U.S., Canadian and Ghanaian securities laws. In the meantime, the Company has requested that trading of the common shares of Golden Star on the NYSE American be suspended and that the NYSE American file a Form 25 with the U.S. Securities and Exchange Commission (the "SEC"), notifying the SEC of the delisting of the common shares of Golden Star on the NYSE American and the deregistration of the Company's registered securities under Section 12(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company intends to suspend its reporting obligations under the Exchange Act by filing a Form 15 with the SEC approximately ten days following the filing of the Form 25. The deregistration will become effective 90 days after the filing of the Form 15 or such shorter period as may be determined by the SEC. The Company's obligations to file with the SEC certain reports and forms, including Form 40-F and Form 6-K, will be suspended immediately as of the filing date of the Form 15 and will terminate once the deregistration becomes effective. Advisors In connection with the Transaction, Golden Star engaged Canaccord Genuity Corp. as its exclusive financial advisor as well as Fasken Martineau DuMoulin LLP and Davis Graham & Stubbs LLP as its respective Canadian and United States legal advisors. Canaccord Genuity Corp. provided a fairness opinion to Golden Star's Board of Directors. In connection with the Transaction, Chifeng engaged Stifel Nicolaus Canada Inc. and First Asia Group Ltd. as its financial advisors as well as Goodmans LLP as its legal advisor. Chifeng Profile Chifeng is an international gold mining company listed on the Shanghai Stock Exchange with a market capitalization of approximately US$3.7 billion. It operates five mining assets, including the world-class Sepon gold mine in Laos. In 2018, Chifeng acquired Sepon before undertaking significant capital expenditures to redevelop the gold processing facility in order to double its future gold production. Statements Regarding Forward-Looking Information Some statements contained in this news release are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of Canadian securities laws (collectively, "forward-looking statements"). Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might", or "will" be taken, occur or be achieved or the negative connotation thereof. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks, assumptions and uncertainties that could cause facts to differ materially. Accordingly, you should not place undue reliance on the forward-looking statements and information contained in this news release. Forward-looking statements may include but are not limited to the anticipated timing of delisting of the common shares of Golden Star; the reporting issuer status or its equivalent of Golden Star; the expected suspension of trading of the common shares of Golden Star on the NYSE American; the suspension of reporting obligations under the Exchange Act; and the deregistration of the Company registered securities under the Exchange Act. Forward-looking statements are based on the assumptions, opinions and estimates of management as of the date such statements are made and involve known and unknown risks, uncertainties and other important factors that may cause the actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Although Golden Star's management believes that the assumptions underlying these forward-looking statements are reasonable, they may prove to be incorrect. Such risks, uncertainties and factors include, without limitation: gold price volatility; discrepancies between actual and estimated production; mineral reserves and resources and metallurgical recoveries; mining operational and development risks; liquidity risks; suppliers suspending or denying delivery of products or services; regulatory restrictions (including environmental regulatory restrictions and liability); actions by governmental authorities; the speculative nature of gold exploration; ore type; the global economic climate; share price volatility; foreign exchange rate fluctuations; risks related to streaming agreements and joint venture operations; the availability of capital on reasonable terms or at all; risks related to international operations, including economic and political instability in foreign jurisdictions in which Golden Star operates; developments in Ghana that may have an adverse impact on Golden Star; risks related to current global financial conditions including financial and other risks resulting from the impact of the COVID-19 global pandemic; actual results of current exploration activities; environmental risks; future prices of gold; possible variations in mineral reserves and mineral resources, grade or recovery rates; mine development and operating risks; an inability to obtain power for operations on favorable terms or at all; mining plant or equipment breakdowns or failures; an inability to obtain products or services for operations or mine development from vendors and suppliers on reasonable terms, including pricing, or at all; public health pandemics such as COVID-19, including risks associated with reliance on suppliers, the cost, scheduling and timing of gold shipments, uncertainties relating to its ultimate spread, severity and duration, and related adverse effects on the global economy and financial markets; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; litigation risks; the quantum and timing of receipt of the proceeds from the sale by the Company of its interest in Bogoso-Prestea; risks related to indebtedness and the service of such indebtedness; and general business, economic, competitive, political, health and social uncertainties. Although Golden Star has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that future developments affecting the Company will be those anticipated by management. Please refer to the discussion of these and other factors in Management's Discussion and Analysis of financial condition and results of operations for the year ended December 31, 2020 and in our annual information form for the year ended December 31, 2020 as filed on SEDAR at www.sedar.com. The forecasts contained in this press release constitute management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake any estimate at any particular time or in response to any particular event, except as may be required by applicable securities laws. Investors are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward-looking statements due to their inherent uncertainty.
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3
on: October 23, 2021, 02:50:41 PM
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Started by Super Stock Picker - Last post by Super Stock Picker
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As a result of an acquisition, the share of WPT Industrial Real Estate Investment Trust (WIR-U.TO) have stopped trading on October 19th. In our Low PEG Ratio portfolios, this operation has resulted in the sale of all WIR-U.TO shares on October 19th. See the full press release below: TORONTO and NEW YORK, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced that an affiliate has completed its acquisition of WPT Industrial Real Estate Investment Trust (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) (“WPT”) in a series of transactions that resulted in unitholders receiving US$22.00 per outstanding unit of WPT (collectively, “Units”) (subject to applicable withholdings) in an all-cash transaction valued at US$3.2 billion, including the assumption of debt (the “Transaction”). The Units will be delisted from the Toronto Stock Exchange at the close of business today and WPT will apply to cease to be a reporting issuer under applicable Canadian securities law. Following closing of the Transaction, former members of the WPT management team will continue to do business under the name WPT Capital Advisors, as an independently owned and operated company. The Transaction was announced on August 9, 2021. For more information on the Transaction, please see the news releases issued by WPT on August 9, 2021, September 10, 2021, September 23, 2021, October 7, 2021 and October 13, 2021 along with WPT’s management information circular dated September 2, 2021 prepared in connection with the Transaction, all of which are available under WPT’s profile at www.sedar.com or WPT’s website at www.wptreit.com. Unitholders who have questions or require assistance with submitting their Units in connection with the Transaction may direct their questions to Computershare Investor Services Inc., which is acting as depositary in connection with the Transaction, by phone toll-free at 1-800-564-6253 or by email at coporateactions@computershare.com. Advisors Morgan Stanley & Co. LLC and Desjardins Capital Markets acted as financial advisors to WPT and Blair Franklin Capital Partners Inc. also provided the Special Committee with a fairness opinion in respect of the Transaction. Blake, Cassels & Graydon LLP and Vinson & Elkins LLP acted as legal counsel to WPT in connection with the Transaction and Wildeboer Dellelce LLP acted as independent legal counsel to the Special Committee. Eastdil Secured, Goldman Sachs & Co. LLC, BofA Securities and BMO Capital Markets acted as financial advisors to BREIT and Simpson Thacher & Bartlett LLP and Goodmans LLP acted as legal counsel to BREIT. About Blackstone Real Estate Income Trust Blackstone Real Estate Income Trust, Inc. (BREIT) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors. BREIT invests primarily in stabilized, income-generating U.S. commercial real estate across key property types and to a lesser extent in real estate debt investments. BREIT is externally managed by a subsidiary of Blackstone (NYSE: BX), a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has approximately $208 billion in investor capital under management. Further information is available at www.breit.com. About WPT Industrial Real Estate Investment Trust WPT Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. WPT acquires, develops, manages and owns distribution and logistics properties located in the United States. WPT Industrial, LP (WPT’s operating subsidiary) indirectly owns or manages a portfolio of properties across 19 U.S. states consisting of approximately 38.0 million square feet of GLA and 112 properties. Forward-Looking Information Certain statements contained in this news release may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “anticipate”, “plan”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. Forward looking information in this news release includes, but is not limited to, statements relating to the delisting of Units following closing of the Transaction and the expectation that WPT will cease to be a reporting issuer following closing of the Transaction. Although WPT believes that the expectations and assumptions on which the forward-looking information contained in this news release is based are reasonable, undue reliance should not be placed on the forward-looking information because WPT can give no assurance that it will prove to be correct. Since forward-looking information addresses future events and conditions, by its very nature it involves inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. The forward-looking information contained in this news release represents WPT’s expectations as of the date hereof, and is subject to change after such date. WPT disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable Canadian securities laws. Forward-Looking Statements Certain information contained in this communication constitutes “forward-looking statements” within the meaning of the federal securities laws and the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of forward looking terminology, such as “outlook,” “indicator,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates”, “confident,” “conviction,” “identified” or the negative versions of these words or other comparable words thereof. These may include financial projections and estimates and their underlying assumptions, statements about plans, objectives and expectations with respect to future operations, statements regarding future performance and statements regarding identified but not yet closed acquisitions. Such forward-looking statements are inherently uncertain and there are or may be important factors that could cause actual outcomes or results to differ materially from those indicated in such statements. These factors include, but are not limited to, those described under the section entitled “Risk Factors” in BREIT’s prospectus, and any such updated factors included in its periodic filings with the Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this document (or BREIT’s prospectus and other filings). Except as otherwise required by federal securities laws, BREIT undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise. For more information, please contact: Blackstone Media Contact Jeffrey Kauth (212) 583-5395 Jeffrey.Kauth@Blackstone.comScott Frederiksen, Chief Executive Officer Matt Cimino, Chief Operating Officer Tel: (612) 800-8530 IR@wptreit.com
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4
on: November 04, 2018, 02:16:30 PM
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Started by Super Stock Picker - Last post by Super Stock Picker
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Hello,
Following the new listing and trading on the NYSE of Aphria Inc., the company has also changed the ticker of the shares listed in Canada on the Toronto Stock Exchange to APHA.
The ticker of the stocks in our portfolios have been changed accordingly.
Here is below the complete press release: LEAMINGTON, ON , Oct. 30, 2018 /CNW/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APH) and (US OTC: APHQF) announced today that its common shares have been approved for listing on the New York Stock Exchange ("NYSE") and will commence trading effective the open of markets on November 2, 2018 .
Aphria's shares will trade on the NYSE under ticker symbol "APHA". The Company's ticker symbol on the Toronto Stock Exchange (TSX) will also change from "APH" to "APHA", effective November 2, 2018 . Existing shares of Aphria, which previously traded on the OTCQB under the ticker symbol "APHQF" will now trade on the NYSE.
"Listing on the NYSE provides Aphria with access to the largest equity market in the world, with increased exposure to a vast array of US institutional and retail investors. This strategic move aligns directly with our growth ambitions as we enter an elite peer group of respected, high-profile corporate brands listed on the NYSE," said Vic Neufeld , Aphria CEO.
Mr. Neufeld added: "We are excited to usher in a new era with the recent legalization of adult-use cannabis in Canada and as we aim to further expand our footing in exciting markets such as Latin America , the Caribbean and Europe . Aphria is well-positioned to capitalize on this fast-growing industry."
Upon commencement of trading on the NYSE, Aphria intends to voluntarily delist its shares from the OTCQB. While shareholders are not required to take any action, the Company recommends that holders who bought shares on the OTCQB monitor their institution/brokerage account to ensure their holdings are correctly reflected under the new ticker symbol.
We Have A Good Thing Growing
About Aphria
Aphria is a leading global cannabis company driven by an unrelenting commitment to our people, product quality and innovation. Headquartered in Leamington, Ontario – the greenhouse capital of Canada – Aphria has been setting the standard for the low-cost production of safe, clean and pure pharmaceutical-grade cannabis at scale, grown in the most natural conditions possible. Focusing on untapped opportunities and backed by the latest technologies, Aphria is committed to bringing breakthrough innovation to the global cannabis market. The Company's portfolio of brands is grounded in expertly-researched consumer insights designed to meet the needs of every consumer segment. Rooted in our founders' multi-generational expertise in commercial agriculture, Aphria drives sustainable long-term shareholder value through a diversified approach to innovation, strategic partnerships and global expansion, with a presence in more than 10 countries across 5 continents.
For more information, visit: aphria.ca
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements with respect to internal expectations, the timeline for trading on the NYSE, the benefits of trading on the NYSE, the timing for delisting from the OTCQB, expected timelines for the U.S. government to legalize medical cannabis, estimated margins, expectations with respect to actual production volumes, expectations for future growing capacity and costs, the completion of any capital project or expansions, and expectations with respect to future production costs. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving medical marijuana; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the medical marijuana industry in Canada generally, income tax and regulatory matters; the ability of Aphria to implement its business strategies; competition; crop failure; currency and interest rate fluctuations and other risks.
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5
on: September 24, 2017, 10:54:48 PM
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Started by boingo - Last post by newinvestor1
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Hi Boingo, Please refer to this article. http://www.superstockpicker.com/forum/index.php?topic=4319.0Questrade has hidden fees called ECN fees. I realized it after opening Questrade account. Questrade fee is never $4.95, it is always $4.95 + ECN fees. Sometimes this ECN fee is more than $9 depending on the volume of shares you trade. So you may end up paying $12, $13, or even $15 dollars depending on volume of shares per trade and cost of each share. Other times, you get lucky and pay less than $9 per trade. Please call Questrade and inquire about ECN fees if you need more details.
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6
on: September 17, 2017, 12:36:34 PM
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Started by boingo - Last post by DCA
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Hi boingo,
SSP is essentially a momentum strategy. What we want is to buy a stock at a low price that is quickly going up to a high price and then sell. The trick is not to be leaping in to early on a stock that might have only had one quick small move or to be too late and buying a stock as its bubble bursts.
Each portfolio just waits the given number of weeks after the base one and issues a buy if the base is still holding at that point.
The four week delay does seem to be the best.
Often I use the picks in the base portfolio to do research into the stocks - if I like what I see I might buy early. Otherwise I wait the four weeks.
D
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7
on: September 17, 2017, 12:28:35 PM
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Started by boingo - Last post by DCA
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Hi boingo,
Short answer - yes.
With each days e-mail there is a direction of indicator and also the alert level. This is the TSX index level which if crossed would change the direction.
While I do not necessary rush into cash when it goes down it is a good indicator if buying is a good idea. Historically SSP portfolios do not do well during down markets.
D
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8
on: September 17, 2017, 12:19:36 PM
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Started by boingo - Last post by DCA
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Hi boingo,
Welcome to the Forum. Every broker has their good and bad points and it can be rather difficult to determine with certainty ahead of time which might be the cheapest. It does strongly depend on the number of trades, size of trades and total account holdings. All offer additional discounts for larger customers. (strangely some claim not to!)
Questrade, for instance, gives me trades at 1 cent a share to a 6.95 maximum but charges for data ($134/month for the data you would likely need for SSP [before discounts]) so this will work best if you do a lot of trades, mostly small volume trades, or trade without data.
Banks, on the other hand, usually include data but charge higher commissions (typically ~$10) so high volume trading of small lots can start to add up rapidly. On the other hand a buy and hold strategy would probably be the cheapest here.
There are other things to consider: With Questrade, an electronic fund transfer to or from your bank account will be completed the next day, whereas with Scotia iTrade it will take the full three days allowed. (I've also known them to hit me with a five day hold on the funds when they arrive at the bank.)
D
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9
on: September 13, 2017, 06:46:58 PM
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Started by boingo - Last post by boingo
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The Ultimate Price Momentum v4+ portfolio duplicates the Ultimate Price Momentum v2 portfolio when the Market Timing Indicator is UP and is 100% cash when the indicator is DOWN The market timing indicator currently indictes its down and so several portfolios are currently 100% cash. So it literally sells all holdings when the market indicates as being down? Is there an article that explains the workings of this indicator more? Specifically, is there specific threshold that the markets/stocks must hit before it considers dumping it all? I would assume it wouldnt be when the index drops 1 point Thank you.
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10
on: September 13, 2017, 06:34:42 PM
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Started by boingo - Last post by boingo
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Super Stock Picker very much intrigues me and want to follow it precisely, but with a potential for a high # of buys and sells (ie, Price Momentum can hold up to 10 stocks) it seems commissions can understandably get crazy high quickly. So, I'm wondering what discount broker you guys that run Super Stock Picker, and those who read this forum, use. For me, because i'm a noob i had been using my bank (TD) for several years but didn't realize until recently that i was getting shafted for things like inactivity. So i've been doing some research recently by hunting for other Canadian discount brokers (ideally, not one of the big banks) and am strongly leaning towards questrade after reading this in-depth questrade review or even Interactive Brokers since both their commissions appear to be the cheapest i've found. They dont have an inactivity fee, but IB does have one though . Are there better alternatives that i should consider? Ideally, one that has low (to none ) in commissions (if volume is high enough) and no inactivity or hidden fees. Although i will be starting with a small investment in Ultimate Price Momentum v4 (yay! i'm subscribed to the daily emails!) my intent is to add more funds every month and follow Stock Picker very closely -- every buy; every sell. But will trade volumes get so high (including re balancing buys/sells) that maybe even exploring a stock company's "high volume trader" accounts might be the best option when using Super Stock Picker? Most high volume accounts offered charge a monthly/quarterly fee though. Decisions...Decisions.
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