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11-25-2010, 01:21 AM
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#2701 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
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volatility is your friend...greater risk + reward
In the next few days I'm going to look at CSCO calls...I've never traded calls before so I don't know what to expect..I don't even know how to put the order in...
The MOST IMPORTANT THING...1 contract = 100!! I won't f*ck that up//
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11-25-2010, 07:55 AM
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#2702 | | Network Admin Team
Join Date: Apr 2001
Posts: 5,515
Thanked 1,538 Times in 537 Posts
Failed 4 Times in 8 Posts
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EPO doing pretty damn good this morning
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11-25-2010, 08:18 AM
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#2703 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
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i shouldn't have sold =(
AVR and BEL have headed up...and i hope they keep going that way
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11-25-2010, 08:26 AM
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#2704 | | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
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i dont really like BEL it doesnt seem to have much strength. again i would rather put my money into NVT but thats just me
they had a good article on their website http://prospectingjournal.com/nortec.html
tomorrow is going to be a quiet day with US market closed for Thanksgiving
edit nvm its closed today and open tomo =s
Last edited by gdoh; 11-25-2010 at 09:21 AM.
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11-25-2010, 08:39 AM
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#2705 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
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| Quote:
Originally Posted by waddy41  In the next few days I'm going to look at CSCO calls...I've never traded calls before so I don't know what to expect..I don't even know how to put the order in...
The MOST IMPORTANT THING...1 contract = 100!! I won't f*ck that up// | OK I tried but I guess I have to apply to trade options? Maybe I'll just buy CSCO...
BEL and NVT are so lightly traded...
What are the disadvantaged of BEL? (sorry I haven't read the article yet)
maybe I'll get into NVT at a lower price..
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11-25-2010, 08:48 AM
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#2706 | | Rider
Join Date: Apr 2010 Location: Surrey
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i dont really follow BEL but, NVT was lightly traded until the NR from oct 25 which basically gave them first right of refusal to any projects that ENAMI has in their portfolio which is like saying first right of refusal to all mining projects in Canada. NVT has other properties in Finland with a 43-101 comming up on thier PGE located next to Goldfields in Northeastern Finland and by nortecs numbers they have more deposits with half the drilling
but Ecuador is HUGE some of thier projects down their are just Massive this stock i beleive will close $5 next year or two if not more www.nortecminerals.com | |
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11-25-2010, 12:51 PM
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#2707 | | RS controls my life!
Join Date: Jan 2002
Posts: 713
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| http://www.theglobeandmail.com/globe...rticle1812486/
what do the wise ones in this forum think about this strategy?
The funny thing is I was doing some scenario analysis on this topic a few weeks ago....
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11-25-2010, 01:25 PM
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#2708 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
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I read that yesterday...I don't really know what to think..it also depends on your investment goal..are you holding it for life and collecting dividends? are you holding last year's loser until the end of this year and then buying this year's loser? or are you swing trading?
i'm swing trading most of the time...when buying large caps I pick an entry point based on technicals..i don't even care about the dividends really..
BTW..I'm holding as a super long...I picked BMO because its yields are higher than the norm
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11-25-2010, 01:31 PM
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#2709 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
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The article also says that RY will be next year's winner.
But IMO RY is strong regardless..didn't an article just come out naming RY as "too big to fail"? I will also buy some RY during the next pullback.
When only looking at dividend yields, BMO is 4.6%, CM is 4.4%, RY, BNS are 3.6% and TD is 3.2%
Edit: Also, BCE is 5.29% and T is 4.25%
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11-25-2010, 01:36 PM
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#2710 | | My homepage has been set to RS
Join Date: Feb 2006 Location: Burnaby
Posts: 2,230
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lol waddy........saw on HSM that you sold EPO yesterday. I did too @0.315.
Damn... wish I've hold it for another days....... 
__________________ Quote:
Originally Posted by Valour It may seem like peanuts to you, but you know what else is the size of a peanut? your anus. and when somebody wants to fuck u up your anus, I shall fight.
Unlike some who shall present and loudly proclaim "Have at it master!" | | |
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11-25-2010, 02:44 PM
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#2711 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
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yes I sold at .315 as well...
no worries I think the hype will die down a bit..so my plan is wait for a pullback and buy before the next drill results
Or I could be wrong...maybe all potash juniors are going to the moon... =(
CCE exploded today...I might buy CIN tmr..
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11-27-2010, 08:48 PM
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#2712 | | I contribute to threads in the offtopic forum
Join Date: Jul 2010 Location: Neverland
Posts: 2,705
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Aren't european stocks cheap now?
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11-27-2010, 10:39 PM
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#2713 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
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| Quote:
Originally Posted by CamryV6Sport Aren't european stocks cheap now? | cheap is a relative term
i wouldn't advise even considering owning anything more than mutual funds if you invest based on 'prices being cheap'
having said that, there are opportunities - i, for example, was looking at a korean stock (KEP), i think it has long term potential, as fits nicely in my diversified portfolio as an energy/future nuclear enegy stock
well, after the little scuffle the other day, korean stocks dropped 5% - i got a nice discount on this stock, its back up to almost where it was a week ago... there may be more fluctuations, but i see it as a long term buy that i have already gained nicely on for this year
so, yes, if you have some european stocks in mind, might this be a good time to buy? maybe, i'm looking at TEF, i think the spanish markets will take a bit of a beating in the coming weeks as the next 'bail out' may be coming spain & portugals way, or at least some stress on their markets, so i'm keeping an eye on it - TEF is too big to ever fail, their accross >100 spanish speaking countries and are a good dividend paying stock with good long term growht potential (and are a nice telecoms company for your diversified portfolio), so if i can gain 5% in a matter of a couple of weeks SOLELY based on emotion relating to bail outs and perceived weakness in the european markets, you bet i will - but just because the european markets are hurting right now doesn't mean you can just enter without a plan
also, europe's not done weakening yet... its going to be a good time to buy euro's soon, for the longer term hold, as hte US $ is getting artificially overvalued as everyone rushes to $$ from euro... things will calm down and they'll go back to the euro, and US $ will hurt again - so there's potential there for a swing, maybe pick up 4 - 6% on the in & out in a matter of months... good return
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11-28-2010, 03:16 PM
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#2714 | | I contribute to threads in the offtopic forum
Join Date: Jul 2010 Location: Neverland
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yea but won't euro actually hurt their stocks since they are bailing out? i mean even speaking in the long term?
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11-28-2010, 04:31 PM
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#2715 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
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Originally Posted by CamryV6Sport yea but won't euro actually hurt their stocks since they are bailing out? i mean even speaking in the long term? | i don't even know what you're trying to say here
you need to make these decisoins for yourself - euro will be weak for a while, too weak for a time being, this, and many other things will hurt their stocks - lots of things can and will happen... i'm happy to invest in some of the strong euro stocks that i liked at a point in time, for hte long term, but you can do what you wish
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11-28-2010, 05:36 PM
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#2716 | | I contribute to threads in the offtopic forum
Join Date: Jul 2010 Location: Neverland
Posts: 2,705
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mmm i see
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11-28-2010, 11:32 PM
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#2717 | | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
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Originally Posted by waddy41 yes I sold at .315 as well...
no worries I think the hype will die down a bit..so my plan is wait for a pullback and buy before the next drill results
Or I could be wrong...maybe all potash juniors are going to the moon... =(
CCE exploded today...I might buy CIN tmr.. | The Assay delays are going to put some decent pressure on the stock.
Early December is now what they are reporting. Labs are backed. The good thing is, news will be coming in through to January.
Hope the REE mania phase doesn't die out by then  | |
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11-29-2010, 05:27 AM
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#2718 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
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I haven't even bought into the REE hype...
Here's my watchlist
#1 AVR - I'm very bullish on this one...I bet it'll go to $2 by year end...and another huge pop when they announce Q4/year end earnings..people are comparing AVR to Semafo..
Rising production, low cost at $550USD per oz.
GOZ - low P/E, decent production but has higher production cost at $700CAD/oz..
GOZ SP will correlate with POG
TVC - sideways consolidation with declining stochastics..
Held by Pinetree and Sprott
and of course....still watching EPO
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11-29-2010, 11:24 AM
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#2719 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
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bhwaha all GREEN on a red day! Shoulda put more money into AMRN  | |
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11-29-2010, 01:16 PM
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#2720 | | I don't get it
Join Date: Mar 2008 Location: burnaby
Posts: 426
Thanked 59 Times in 41 Posts
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I hope you guys bought into MAI. Big run up in price today with zero announcement/press release.
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11-29-2010, 01:28 PM
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#2721 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
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oh snap i sold it last week... =(
but I think it's a delayed reaction to news:
Minera Andes's San Jose at 651,000 oz Au M+I
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11-29-2010, 01:41 PM
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#2722 | | Guest
Join Date: Oct 2010 Location: Vancouver
Posts: 148
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Originally Posted by strykn bhwaha all GREEN on a red day! Shoulda put more money into AMRN | Wow didn't you play AVNR too? Grats
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11-30-2010, 09:45 AM
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#2723 | | F**K YOUR HEAD
Join Date: Apr 2009 Location: vancouver
Posts: 8,718
Thanked 8,153 Times in 1,251 Posts
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Thanks to whoever brought up PPI 50% up on that one
BTW anyone try virtual brokers?
My friend was suggesting this https://www.virtualbrokers.com/
Last edited by ilvtofu; 11-30-2010 at 09:51 AM.
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11-30-2010, 09:58 AM
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#2724 | | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
Thanked 2,081 Times in 532 Posts
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Originally Posted by ilvtofu | PPI looks good it has a huge audience. nice volume (35 mil shares since 22) not a lot of shares out insiders haven't been selling, if it comes off a bit then i think it would be a buy with their up coming drill results and 43-101...i think this is waddys pick ??
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11-30-2010, 11:29 AM
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#2725 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
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No I'm out of Potash ATM...I had KCL, WPX and EPO since spring but I sold them all too early...
Is it weird that both Encanto and Western Potash both announced PPs on the same day?
In my uneducated opinion, the first thing that popped in my head was that those companies want to raise cash on their own and do not want/ see a takeover in the near future. So S/Hs waiting for a bid were a bit turned off, therefore leading to the sell off.
I just put a lot into AVR..big risk big reward....
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