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09-20-2007, 10:21 PM
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#226 | Diagonally parked in a parallel universe
Join Date: Dec 2001 Location: Vancouver
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blackstone group anyone?
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09-20-2007, 10:55 PM
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#227 | Where's my RS Christmas Lobster?!
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| 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
Last edited by McDick; 09-20-2007 at 11:00 PM.
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09-20-2007, 10:56 PM
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#228 | I WANT MY 10 YEARS BACK FROM RS.net!
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^ you sure? my aunt just lost 5g usd there. she bought $15K
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09-20-2007, 11:13 PM
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#229 | Where's my RS Christmas Lobster?!
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| 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.
Last edited by McDick; 10-04-2007 at 05:41 AM.
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09-20-2007, 11:26 PM
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#230 | I WANT MY 10 YEARS BACK FROM RS.net!
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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
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11-28-2007, 07:01 PM
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#231 | I have named my kids VIC and VLS
Join Date: Oct 2001
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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?
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11-28-2007, 07:40 PM
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#232 | RS Veteran
Join Date: Feb 2002 Location: Boston
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Chapters has a decent selection on books on how to get started with stocks.
__________________ 2004 World Rally Blue Subaru Impreza WRX STi - 450HP @ 21.5 PSI |
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11-28-2007, 08:12 PM
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#233 | I WANT MY 10 YEARS BACK FROM RS.net!
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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.
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11-28-2007, 10:13 PM
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#234 | Banned By Establishment
Join Date: Aug 2005 Location: Burnaby
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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...
Sorry for being n00b
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11-28-2007, 11:07 PM
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#235 | I have named my kids VIC and VLS
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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
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Dank memes cant melt steel beams
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11-28-2007, 11:59 PM
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#236 | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
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connections in nprivately traded companies = speculations
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
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Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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11-29-2007, 01:42 PM
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#237 | I don't get it
Join Date: Mar 2006 Location: Vancouver
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so you guys think we're done our pullback again? back for another bull run?
Dell missed earnings today.. might send nasdaq down tomorrow
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11-29-2007, 01:56 PM
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#238 | RS.net PIMP
Join Date: Aug 2002 Location: Vancouver/LA
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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.
Last edited by 7seven; 03-01-2011 at 06:25 PM.
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11-29-2007, 02:09 PM
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#239 | RS Veteran
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You are my god.
__________________ 2004 World Rally Blue Subaru Impreza WRX STi - 450HP @ 21.5 PSI |
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11-29-2007, 02:18 PM
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#240 | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Jan 2004 Location: Van
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| 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.
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11-29-2007, 02:22 PM
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#241 | Everyone wants a piece of R S...
Join Date: Oct 2005 Location: Vancouver
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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!!
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11-29-2007, 06:20 PM
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#242 | I have named my kids VIC and VLS
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thanks jony ^ I appreciate it
ppl i know personally also use td waterhouse
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12-05-2007, 02:09 PM
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#243 | Everyone wants a piece of R S...
Join Date: Jun 2001 Location: BC, Canada
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just wondering which online trading brokerage are you guys using for your Global trades i.e. hong kong, france, germany, etc???
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Conclusion: Girls are stupid and illogical. If you stay, you will be pussy-whipped.
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12-06-2007, 09:24 PM
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#244 | I WANT MY 10 YEARS BACK FROM RS.net!
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China Rail...boooya....
made like $500cdn in one hour |
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12-08-2007, 09:33 PM
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#245 | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
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| Quote: Originally posted by asian_XL China Rail...boooya....
made like $500cdn in one hour | 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.
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12-09-2007, 02:27 AM
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#246 | I WANT MY 10 YEARS BACK FROM RS.net!
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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
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12-09-2007, 11:23 AM
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#247 | Where's my RS Christmas Lobster?!
Join Date: Mar 2003 Location: Downtown
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| 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
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12-09-2007, 04:52 PM
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#248 | Where's my RS Christmas Lobster?!
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yea. I know the risk.
I am looking to profit 10% (few thousands) in the month of December..
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12-10-2007, 10:19 PM
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#249 | SFICC-05*
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Question: What do you guys use to research on the market?
__________________ Quote:
Originally Posted by Hyde nammer don't listen to me, they listen to money. do you know how cheap it is to have someone killed in vancouver? let alone a beat down | |
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12-10-2007, 11:31 PM
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#250 | I STILL don't get it
Join Date: Dec 2006 Location: Richmond
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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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