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12-09-2010, 06:06 PM
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#2801 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
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why don't you two do a little more than just say 'are you holding....?'
why are you interested, what do you know? what do you think, what's your play
for example, i'll do a real post
i'm doing a high risk position on CPIX, they are a drug maker, and the FDA decides tomorrow whether their drug can be used for a more wide range of uses - if it can, this stock looks good for some short term gains
high risk, so its only about 2% of my portfolio, but it is a fun play to make a couple hundred bucks
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12-09-2010, 06:27 PM
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#2802 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
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Been looking into PIE. http://www.theglobeandmail.com/globe...rticle1597592/
Read recent article in the National Post. Palmer built up his position from 6 cents to 60 cents or so. PIE has 170,000 acres of land in Southern Alberta/Montana. It's near the Bakken Shale play. In the article, Palmer said that the land owned by PIE is roughly 20 miles north of land owned by Newfield Exploration. Palmer ended off saying if PIE was taken over, it would be in the few dollars range.
I'm trying to find a good price to get into PIE but the stock has shot up since that article and other announcements.
Check it out. If anyone wants, i can scan the article. I couldn't find a digital one online.
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12-09-2010, 10:48 PM
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#2803 | | Need my Daily Fix of RS
Join Date: Jul 2004 Location: .
Posts: 270
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DLKM is on the move.
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12-10-2010, 05:19 AM
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#2804 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
Failed 11 Times in 6 Posts
| Quote:
Originally Posted by 4444  why don't you two do a little more than just say 'are you holding....?'
why are you interested, what do you know? what do you think, what's your play | I was just beginning to trade actively bought into MER because it was mentioned on this board...
I have a small position and for me it was just a spec play..like you with CPIX..
It has decent drill results but with a lot of cheap paper out there, I'm going to have to wait for it to pass before the SP can move up again
Now I've learned my lesson and will not put money in stocks that I think will pop..
Now I use TA to swing trade large caps and buy junior producers with increasing production, low P/E ratios, little to no debt, low cash per oz
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12-10-2010, 08:18 AM
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#2805 | | Need my Daily Fix of RS
Join Date: Jul 2004 Location: Burnaby
Posts: 288
Thanked 44 Times in 13 Posts
Failed 8 Times in 1 Post
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What's this cheap paper you're talking about
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12-10-2010, 08:57 AM
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#2806 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
Failed 11 Times in 6 Posts
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Cheap PP with .10 warrants
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12-10-2010, 09:02 AM
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#2807 | | Need my Daily Fix of RS
Join Date: Jul 2004 Location: Burnaby
Posts: 288
Thanked 44 Times in 13 Posts
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okay, and what's PP?
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12-10-2010, 09:19 AM
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#2808 | | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
Thanked 2,081 Times in 532 Posts
Failed 439 Times in 100 Posts
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Private Placement
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12-10-2010, 09:47 AM
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#2809 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
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Does anyone use RBC Direct? It's basic and simple, and it's fine..
but when I buy US stocks, it gives me the TSX ticker symbols and sometimes quotes me in CAD
I just bought Telus (TU) and it's showed up as T.A and it used my CAD to buy it...
Will it auto adjust the next business day?
Does anyone have experience with this?
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12-10-2010, 10:37 AM
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#2810 | | Need my Daily Fix of RS
Join Date: Jul 2004 Location: Burnaby
Posts: 288
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It doesn't auto adjust. Basically you buy the US stock in CAD, and when you sell it, they give you CAD back.
They don't convert CAD->USD then buy the stock.
If you want USD back, call them right away and they will convert it into USD for you.
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12-10-2010, 10:56 AM
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#2811 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
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^ I already have USD in my account...
when I bought SVM (NYSE) everything was fine..
I'll call them on Monday if it doesn't correct itself by then..
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12-10-2010, 11:16 AM
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#2812 | | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
Thanked 2,081 Times in 532 Posts
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SFF to raise about $15 mill at 0.50 (30mill units) and not to mention if it gets over subscribed
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12-10-2010, 12:45 PM
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#2813 | | Guest
Join Date: Oct 2010 Location: Vancouver
Posts: 148
Thanked 6 Times in 6 Posts
Failed 16 Times in 3 Posts
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Wow  U been doing some upward dog yoga pose lol
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12-10-2010, 04:26 PM
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#2814 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
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Anyone have experience with Questtrade?
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12-10-2010, 05:38 PM
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#2815 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
Thanked 1,941 Times in 765 Posts
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Originally Posted by strykn Anyone have experience with Questtrade? | yes i have, thank you
what do you want to know
its cheap and cheerful... gets teh job done
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12-10-2010, 05:43 PM
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#2816 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
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Are there ECN fees, are level 2 quotes free, how long do deposits take, is the trading platform free? thanks.
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12-10-2010, 10:40 PM
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#2817 | | 14 dolla balla aint got nothing on me!
Join Date: Sep 2008 Location: richmond
Posts: 676
Thanked 280 Times in 59 Posts
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^deposits took me around a day or two. lvl 2 is free and so is the trading platform. you might want to pay for the live quote streams though if you don't wan't to keep clicking the refresh button lol...
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12-10-2010, 10:47 PM
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#2818 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
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Yea thats what I meant, Live stream lol.... BMO investor line isn't really geared toward day trading so I will be switching to Questtrade or iTrade.... so far quest trade is looking good, plus a free transfer of my account and 10 free trades, not bad.
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12-11-2010, 12:47 AM
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#2819 | | Captain Happy Bubble is my Homeboy
Join Date: Aug 2005 Location: van
Posts: 314
Thanked 21 Times in 9 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by waddy41 Does anyone use RBC Direct? It's basic and simple, and it's fine..
but when I buy US stocks, it gives me the TSX ticker symbols and sometimes quotes me in CAD
I just bought Telus (TU) and it's showed up as T.A and it used my CAD to buy it...
Will it auto adjust the next business day?
Does anyone have experience with this? | Are you paying $30 per trade? Or is there a certain balance for a cheaper rate?
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12-11-2010, 12:54 AM
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#2820 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
Thanked 1,941 Times in 765 Posts
Failed 532 Times in 202 Posts
| Quote:
Originally Posted by strykn Yea thats what I meant, Live stream lol.... BMO investor line isn't really geared toward day trading so I will be switching to Questtrade or iTrade.... so far quest trade is looking good, plus a free transfer of my account and 10 free trades, not bad. | do you day trade much? good luck with that... i'm personally not into that line of investing, had some friends who wouldn't shut up about it, did it with pretend money... all was good
they then took a week off, did it with real money, and lost their bottle... and a bunch of money
i wasn't surprised in teh slightest!
i'm not saying it doesn't work, i just don't have the stomach for it
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12-11-2010, 01:54 AM
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#2821 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
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| Quote:
Originally Posted by soymilk Are you paying $30 per trade? Or is there a certain balance for a cheaper rate? | I'm paying $9.95
For US transactions they sometimes add a "US transaction fee", but it's really minimal..
I haven't intra-daytraded and don't plan on ever doing it
I wouldn't even swing trade a company with poor fundamentals..IMO that way I decrease my chance of losing money
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12-11-2010, 09:01 AM
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#2822 | | 14 dolla balla aint got nothing on me!
Join Date: Jan 2004 Location: Burnaby
Posts: 624
Thanked 48 Times in 26 Posts
Failed 1 Time in 1 Post
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Originally Posted by strykn Are there ECN fees, are level 2 quotes free, how long do deposits take, is the trading platform free? thanks. | I did a quick Google search and it appears that Questtrade has quite a lot of complaints on their service.
If anyone trades a lot and wants to save on fees, CIBC Investors Edge has a $395 a/c where you get 50 trades for 1 year. (about $8 a trade), and there's no minimum balance required. https://www.investorsedge.cibc.com/i...ion-rates.html
I currently trade on RBC DI and the commission on penny stocks are killing me haha
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12-11-2010, 09:40 AM
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#2823 | | Banned (ABWS)
Join Date: Jun 2010 Location: Canada
Posts: 1,566
Thanked 383 Times in 155 Posts
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| Quote:
Originally Posted by CT10 I did a quick Google search and it appears that Questtrade has quite a lot of complaints on their service.
If anyone trades a lot and wants to save on fees, CIBC Investors Edge has a $395 a/c where you get 50 trades for 1 year. (about $8 a trade), and there's no minimum balance required. https://www.investorsedge.cibc.com/i...ion-rates.html
I currently trade on RBC DI and the commission on penny stocks are killing me haha | Questtrade requires a min. of $1000. Other than the RBC DI / CIBC Investor Edge, any other suggestions for a new player? Hopefully either no / or under $500 minimum.
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12-11-2010, 10:12 AM
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#2824 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
Thanked 1,941 Times in 765 Posts
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Originally Posted by ksceric Questtrade requires a min. of $1000. Other than the RBC DI / CIBC Investor Edge, any other suggestions for a new player? Hopefully either no / or under $500 minimum. | wtf are you doing with less than $1000 in your investmetn account in the first place?
at $4.95 (assuming you're trading less than 496 stocks) in and out that's about $10 total cost to buy and sell a stock, honestly there's no point holding less than $1000 as all you can do is either buy 1 stock at 1% commission (in and out), or own a bunch of stocks and get raped on commission
$1000 minimum SHOULD NOT be a concern for investors
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12-11-2010, 01:38 PM
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#2825 | | Wunder? Wonder?? Wander???
Join Date: Sep 2006 Location: .
Posts: 227
Thanked 219 Times in 63 Posts
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Originally Posted by strykn Anyone have experience with Questtrade? | I have traded a lot with Questrade, And have been very happy with them. The fee's are great and if you have any sort of issue there call center is very help full. The only issue I have had with them (and wasn't really an issue) Was when Yellow pages turned into "yellow media" It took about 2 weeks to show it in my account.
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