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97ITR 09-20-2007 09:21 PM

blackstone group anyone?

McDick 09-20-2007 09:55 PM

Quote:

Originally posted by 97ITR
blackstone group anyone?
I wouldn't want to hold Blackstone (BX) for long term investment under this current economic environment in US.

But **I think** it will have a short-term run up to around $27-28ish. It's all depends on the US economy.
I am guessing DOW can take out 14,000 by the end of 2007.
Short-term (2 weeks - 2 months): $27-28+
Sell if BX drops under $24.90

asian_XL 09-20-2007 09:56 PM

^ you sure? my aunt just lost 5g usd there. she bought $15K

McDick 09-20-2007 10:13 PM

Quote:

Originally posted by asian_XL
^ you sure? my aunt just lost 5g usd there. she bought $15K
When did you buy it? On the first trading day at around $30ish? Your aunt should sell when it drops over 8%. You don't want to be a bagholder and hope it will bounce back up. You will end up losing even MORE! That's one of the rule of trading, "willing to take the lost"!
All want to buy the stock when it is going up, not guessing where's the bottom will be! It's like catching a falling knife.

BX is all hype when it first traded. You don't even have balance sheet to look at! Early investors are traded from what they heard on the news, and don't even bother looking at any numbers at all. I wouldn't buy any stocks that is without balance sheet to look at except I am trading it very short term.

To tell you the truth, up to this moment, I still don't know what's BX's business module.

BX has bounced back from their low at $21ish. If the stock market and economy shows improvement in the next couple months, I am not surprise that BX will climb back up to $30.
My short term target price will be $27-28 and I will set my sell limit $0.50 if it reach $27 so I can always protect my gains.

asian_XL 09-20-2007 10:26 PM

haha, that's not really my own family business, no suggestion will
be given...

btw, who's buying gold stocks? I am guessing the US economy
isn't going to recover within one or two months

Hondaracer 11-28-2007 06:01 PM

Hey, just wondering if you guys could help me out as a beginner here?..

k well recently i've been coming into more and more money to put forward towards investments, I've been purchasing condo's and rights on asignment with my parents so i've made a chunk of change which i'm reinvesting through them, with help from them

but lately i've been interested in getting more into the general market, for the last couple months i've been watching stock movements though Stockhouse.com just kinda tracking ones of interest, watching things move

but i'm still very much a noob to nearly all aspects of trading, can anyone refer me to some good starter resources?

fukamoto 11-28-2007 06:40 PM

Chapters has a decent selection on books on how to get started with stocks.

asian_XL 11-28-2007 07:12 PM

beside books, spend hours on radio or finance channels everyday

if you are interested in one industry, stay with it, don't jump
around like a bunny. Pick five to six stocks to be your virtual
investment and start learning what news will affect you portfolio.

Shun Izaki 11-28-2007 09:13 PM

If i wanted to buy into sth like Vivendi (blizzard, radical), is there a way I can buy it, and just let someone else take care of it... :D

Sorry for being n00b

Hondaracer 11-28-2007 10:07 PM

anyone recomend any specific books?

i'm leaning towards the mining industry to look into, as I have a few connections in privately traded companies

wouwou 11-28-2007 10:59 PM

connections in nprivately traded companies = speculations :D

you can get a set of textbooks for CFA level 1, that should be good enough for anyone as a startup if you REALLY want to get into stock market

well the books on fixed asset, port.management, valuation and econ.

skip the member ethic shit

Cloudy_Hair 11-29-2007 12:42 PM

so you guys think we're done our pullback again? back for another bull run?

Dell missed earnings today.. might send nasdaq down tomorrow

7seven 11-29-2007 12:56 PM

Anyone else here in the industry locally besides me?

LOL bet most of u will be shocked to find out not only do I get paid to babysit hot actresses and models but I have a more convential day job in addition to my own private security consulting business.

Mostly play with spec stocks on the venture and pinksheets/otcbb, mostly all oil & gas and local mining co's. Made about 50k this year so far in spending money. Waiting on a few certs to deposit now for some xmas spending & drinking money lol.

fukamoto 11-29-2007 01:09 PM

You are my god.

SpoonR 11-29-2007 01:18 PM

Quote:

Originally posted by Hondaracer
anyone recomend any specific books?

i'm leaning towards the mining industry to look into, as I have a few connections in privately traded companies

Reading can only take you so far. I think diving right into it is the way to go. If you can get cheap broker fees try playing in small amounts and you'll learn the tricks. But nothing compares with good due diligence. If you believe in your research the share price shouldn't matter to you.

It's also a good time to be in mining stocks. Particularly Canadian :) I have my eye on a couple companies that are making headlines the last couple months. I'll pm you the names.

Jonydakiller 11-29-2007 01:22 PM

i just got into the stock market, i found it that finance.google.com is really useful, it gives u the update on the news specifically to the stocks that you are watching and you can see the graph how much the news will impact the stock itself. One problem is that you need to be able to have free time constantly while market is running, doesn't matter if it's nasdaq or tsx, all the stocks r running at ET, means that sometimes u need to wake up early when the market opens.

like me, i have igoogle on my homepage, it's really nice free tools to manage ur stocks that you bought, although the stock market on google are lagged for 20 minutes, but you can see the graph on daily basis and it can give u an idea sometimes if the market is gonna go up or it's goin down.

i personally trading w/ waterhouse, which charge you 29 bux everytime u do a trasaction, doesn't matter buy/sell, so if u sell a stock, u need to at least make 58 bux to call it even, waterhouse also provide realtime stock rate, so you can see exactly wat are the prices for each stock, hope this info is helpful to whoever!!

Hondaracer 11-29-2007 05:20 PM

thanks jony ^ I appreciate it

ppl i know personally also use td waterhouse

trix25 12-05-2007 01:09 PM

just wondering which online trading brokerage are you guys using for your Global trades i.e. hong kong, france, germany, etc???

asian_XL 12-06-2007 08:24 PM

China Rail...boooya....

made like $500cdn in one hour :D

McDick 12-08-2007 08:33 PM

Quote:

Originally posted by asian_XL
China Rail...boooya....

made like $500cdn in one hour :D

nice trade..
what else you have?

I might use my margin account to buy (short-term) in AAPL or BIDU.

The market looks like in Santa-Rally now.

asian_XL 12-09-2007 01:27 AM

I have quite a few that are not making a single penny at all.

lol...wow.margin. better watch out. few of my buddies just lost 10K-50K in the past few months. ouch

l4d2_sarge 12-09-2007 10:23 AM

Quote:

Originally posted by McDick
nice trade..
what else you have?

I might use my margin account to buy (short-term) in AAPL or BIDU.

The market looks like in Santa-Rally now.

ive been doing that and shorting aapl and rimm the past month or 2 and easily pocketed quite a bit after interest. Rollercoaster ride

McDick 12-09-2007 03:52 PM

yea. I know the risk.

I am looking to profit 10% (few thousands) in the month of December..

chun 12-10-2007 09:19 PM

Question: What do you guys use to research on the market?

kaitamasaki 12-10-2007 10:31 PM

question:

Can I do everything from registering an account to buying stocks all from my computer (online)?

Or do I have to go to say, TD, in person to register an account, do the transactions, etc.?


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