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Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance. |
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10-18-2010, 09:46 PM
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#2501 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
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Originally Posted by Carl Johnson  Notwithstanding this particular stock you guys are talking about. Just a general tip on investing/trading. You need to remember that no one has ever gone bankrupt by taking profits. If you are in the money in this stock, it doesn't hurt to lock some in at this point especially with the huge run up. Bulls make money, bears make money, pigs gets slaughtered. I am not saying it can't go up but looking at the chart, risk/reward is not favorable to the long side. | Learned that the hard way last year, was up $4k and got greedy didn't lock any profits and got burned hard. Never will make that mistake again!
ps: anyone have experience with Scotia i-trade, thinking of switching to it from BMO investor line.
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10-18-2010, 10:21 PM
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#2502 | | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
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$ 4,000 and you didn't take any profits? Dang.
Were you waiting for the stock to go to the moon? 
& Tag Oil  | |
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10-18-2010, 11:20 PM
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#2503 | | Banned (ABWS)
Join Date: Jun 2005 Location: 604
Posts: 676
Thanked 7 Times in 5 Posts
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Originally Posted by suzuka84 guys, another stock to buy is Hard Creek Nickel (HNC).
do your own DD but I expect this one to be bought out by the chinese |
bought more hnc.to     | |
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10-19-2010, 09:00 AM
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#2504 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
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interesting (and somewhat painful) day....definitely not boring...
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10-19-2010, 09:06 AM
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#2505 | | I STILL don't get it
Join Date: Sep 2005 Location: vancouver
Posts: 470
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so, penny for someones thoughts...are we headed for a near term correction?
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10-19-2010, 10:19 AM
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#2506 | | I contribute to threads in the offtopic forum
Join Date: Dec 2003 Location: Vancouver
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Originally Posted by subordinate $ 4,000 and you didn't take any profits? Dang.
Were you waiting for the stock to go to the moon?
& Tag Oil | I'm eyeing on tag oil myself as to when I should start getting in. Recent news gave some very tempting information.
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10-19-2010, 10:27 AM
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#2507 | | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
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pez
wow the REE's look at what RES has done
Last edited by gdoh; 10-19-2010 at 10:32 AM.
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10-20-2010, 08:15 AM
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#2508 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
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wtf is going on with the whole CAN / SOC fiasco?
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10-20-2010, 08:18 AM
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#2509 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
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Originally Posted by strykn Learned that the hard way last year, was up $4k and got greedy didn't lock any profits and got burned hard. Never will make that mistake again!
ps: anyone have experience with Scotia i-trade, thinking of switching to it from BMO investor line. | Anything in particular you don't like about BMO Investor Line? I was actually thinking of switching to BMO from Questrade, because Questrade just sucks balls with their orders placement/execution. Scotia iTrade seems to have really compelling commissions and margin rate for someone who has good amount of assets and actively trades the market.
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10-20-2010, 08:26 AM
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#2510 | | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
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Originally Posted by strykn Learned that the hard way last year, was up $4k and got greedy didn't lock any profits and got burned hard. Never will make that mistake again!
ps: anyone have experience with Scotia i-trade, thinking of switching to it from BMO investor line. |
yea its hard not to get greedy
you should have taken out you initial investment then everything from there on would be all profit and you could invest what u took out in something else and repeat
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10-20-2010, 10:52 AM
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#2511 | | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
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Originally Posted by aznlangjai I'm eyeing on tag oil myself as to when I should start getting in. Recent news gave some very tempting information. | That article seemed more like a pump job. To give a unrisked price of $ 225. Insane.
Even then, Tag is very overpriced. Projected exit of 1500 boe/day for 2010 and with a market cap of 180 million. Insane.
More than half of that market cap is likely due to their blue sky shale property, which isn't being drilled at the moment I believe.
& MER-V...Good drill results and it falls 10%..Go figure.
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10-20-2010, 11:18 AM
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#2512 | | Rider
Join Date: Apr 2010 Location: Surrey
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sell on news buy on rumor =s
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10-21-2010, 11:29 PM
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#2513 | | F**K YOUR HEAD
Join Date: Apr 2009 Location: vancouver
Posts: 8,718
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Originally Posted by SiR_vfung anyone else kicking their ass over how they sold apple at 90$ back during the recession when it was thought to go down to $60??
fmllllllll | LOL I bought at 130 and sold at 160 and I'm still going FUUUU but no point being so greedy with it.
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10-22-2010, 11:28 AM
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#2514 | | Everyone wants a piece of R S...
Join Date: Nov 2002 Location: vancouver
Posts: 378
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Originally Posted by nadst3r BZA.T
should be expecting permits for their mine soon | http://www.blm.gov/pgdata/etc/medial...opperstone.pdf
their permits have been approved, but according IR they haven't received any physical confirmation thus they are not allowed to put out a NR.. should be a very interesting next week
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10-22-2010, 11:43 AM
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#2515 | | My homepage has been set to RS
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Originally Posted by subordinate Looking at Tag Oil Warrants, one year till expiry and almost in the money.
& Cin.v - REE Company, looks like REE plays are heating up. | Tag warrants up close to 300% since mentioning, I sold everything.
CIN - Doing extremely good, close to 100% I believe, never entered though.
------------
Any thoughts on CAN-V 7seven? I figure it has more downside potential than upside during this decision making period. I'll probably wait after the ruling is made on the 28th?
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10-25-2010, 12:18 PM
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#2516 | | My homepage has been set to RS
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Happy you sold now eh Waddy? haha.
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10-26-2010, 08:20 AM
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#2517 | | Rs has made me the man i am today!
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sold.....CAN?
I sold 2/3 of my holdings at $2.98
It's okay you win some you lose some..
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10-26-2010, 09:06 AM
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#2518 | | Need my Daily Fix of RS
Join Date: Aug 2005 Location: San Diego, CA
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CAN is looking good today
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10-26-2010, 09:22 AM
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#2519 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
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but what's going on? there hasn't been a news release yet...
I thought they are meeting on the 28th?
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10-26-2010, 09:26 AM
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#2520 | | My homepage has been set to RS
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Originally Posted by waddy41 sold.....CAN?
I sold 2/3 of my holdings at $2.98
It's okay you win some you lose some.. | Talking about mer-v,
That you still sold for a profit, because it fell pretty hard. Posted via RS Mobile | |
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10-26-2010, 09:35 AM
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#2521 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
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oooh ya...but i bought back in at .3 yesterday...no idea what's going on with that one
you didn't answer my question about oil on HSM!
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10-26-2010, 10:39 AM
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#2522 | | My homepage has been set to RS
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Really? I never saw a question. What was it about?
An individual posted on HSM about ROZ.V.
And it looks like a legit stock. The IPO had quite a few institutional buyers, from all around.
ROZ is drilling for oil in Australia, but prospective oil in the ground is more than Tag's (Although Tag is more established, with infrastructure, etc) & Remember, Tag Oil had a target of $10, risked valued of $17 ish & sky high potential unrisked of $225 as per GMP
ROZ has a target of $5 from Macquarie & will be drilling fairly soon.
Current Prices: ROZ - 1.60/Share
Warrants - .74/share
Edit: Side Note: Looks like there's an iceberg seller at 1.60
& As always, do your own due diligence.
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10-26-2010, 10:46 AM
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#2523 | | My homepage has been set to RS
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Originally Posted by waddy41 but what's going on? there hasn't been a news release yet...
I thought they are meeting on the 28th? | eh, I think its' just because gold is up and seems to be pulling up most gold stocks.
& a technical bounce as well off the 50EMA.
Still waiting on the sidelines to see how this pans out. Too much risk to enter.
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10-26-2010, 11:09 AM
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#2524 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
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thanks for the tip on ROZ..the potential is huge but I don't like trading w/o technicals...
maybe i'll buy a small position...
I asked why Dec - May is oil season?
As for CAN, I don't regret selling for a loss...everything is so uncertain right now..I'm sure there's more money to be made in the future with less risk..
sold Telus yesterday near the day's high....and now it's crashing
I have no idea what's going on...couldn't find any significant news...
I'll buy back in at the end of the day...
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10-26-2010, 06:33 PM
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#2525 | | My homepage has been set to RS
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Similar to Natural Gas, it's a seasonal thing. So investors, depending on their risk aversion, will pick stocks in the area because there's a higher chance of it going up, on sheer speculation of supply/demand.
Edit:
& Picked up some CIN, not sure if it was a good enter or not since it could fill that gap, but couldn't resist.
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