Tag Archives: Shaw

Go Big or Go Home

3 May

Today is a bloody mess out there in the stock market.  I try to close my eyes to picture greener pastures in the near future.  I’m tired of buying bits and pieces of several companies only to see no reward.  Maybe it’s time for me to sell most of my stocks and concentrate on a few. 

However, seems like I’m just accumulating as per usual:

Shaw Communication is trading near its 52 week low.  This is a boring stock relatively safe I think, it does not move much in price.  However, they do pay out a monthly dividend of 8 cents per share.  Their dividend date is May 15th so I should be able to capture that along with some price appreciation leading up to the dividend.

BOUGHT:  SJR.B  500 @ $19.68 on Margin
BOUGHT: Averaged down on CLF 100 @ $60.39 on Margin

Quickest Trade Ever!

26 Oct

Alright!  Here’s the deal.  I took my 12 cents and ran away from Shaw (SJR.B).  I didn’t want to be stuck in that position too long.  I have this fear that it might dip below my buy in price of $19.83. 

Start of the trading day, it dropped to $19.60 and made a come back to $20.03.  Soon after, it began slidding to $19.90.  I didn’t want to see a drop later on, so I set my sell price at $19.95!  I profited $26.10 from this trade.  I only held it since yesterday’s day end till today’s morning.  Just a couple of hours.  This is a new record for me!

See how cut throat I am!!  Chipping away a little bit at a time.  I’ve made stupid mistakes as well…

Bored… decided to buy Shaw

25 Oct

Probably not the best strategy on my part, but I had a big balance sitting in my QT Margin account screaming for attention.  I decided to buy SJR.B 300 @ $19.83/share.  It’s been beaten down a bit for the last few days, it might even go down even more from my buy in price.  Looking at the charts, the price fluctuation doesn’t give you much of a heart attack.  Plus it pays 7.6667 cents per month.  This will be somewhat a longer term hold unless share price takes a spike to $21.00-22.00, then I’ll make my exit. 

This will be a boring stock to hold, but with a regular dividend of $23.00 per month coming into my pocket ($276 per year, it beats sitting in a savings account at 2% which pays $118.98)… I will surely make some money out of this stock in a few months or longer maybe!