STOCK MARKET Thread

[rymack]

Looks like citi missed today
Posted via RS Mobile

[highfive]

Originally Posted by 4444

everyone who is interested in that stock is so offended that this idiot came out with the $225 target. don't listen to idiot analysts

don't get me wrong, could be huge potential - you could make a lot of money, but its not for me at this time

Thanks. I was getting skeptical on it. Imagine the costs in getting into production in order to become a 225 stock?


I'm tempted to buy in more for Citi.

Glad CUU is doing pretty well. Anyone profit-taking?

[Slifer]

Originally Posted by iceburner

MER is so low now...

I read on it's website
3,776,667 two year warrants at exercise price of 10c until January 2011; and at 15c until January 2012.

How can I tell if those warrants were exercised?

Just bought some MER @ $0.15, hopefully it'll go back up.

[iceburner]

lucky guy. you're already up 13.3%. It's at .17

[shawnly]

Congrats to anybody that got in on AAPL on the big dip at the open, or even better scooped up calls.

AAPL EPS: $6.43 vs $5.40 EST REV: 26.74b vs $24.43b EST

iPhones sold during Q4: 16.24M, Macs sold: 4.13M, iPods sold: 19.45M, iPads sold: 7.33M

Guides Q2 EPS to ~$4.90, Sales to ~$22B

[blkgsr]

Originally Posted by highfive

Thanks. I was getting skeptical on it. Imagine the costs in
Glad CUU is doing pretty well. Anyone profit-taking?

ya sell so i can buy more

you sell for anything less that $3.50+++++ (wait for teck back in) and your an idiot

[blkgsr]

it's not going down any significant amount anymore



and WTF is up with the edit function of this site??

[sdubfid]

Originally Posted by highfive

Thanks. I was getting skeptical on it. Imagine the costs in getting into production in order to become a 225 stock?


I'm tempted to buy in more for Citi.

Glad CUU is doing pretty well. Anyone profit-taking?

I got in at .47 on CUU and sold a little bit in the 80's and now holding the rest for at least next 2-3 months. Things are looking good for a buyout but nothing is set in stone.

[highfive]

Originally Posted by blkgsr

ya sell so i can buy more

you sell for anything less that $3.50+++++ (wait for teck back in) and your an idiot

haha i ain't selling yet. Waiting to see what Teck is going to do first.

But sdubfid is right though, nothing is set in stone.

[blkgsr]

ha ya i know...need to stay obtimistic and hopefull

i only got in at .77 but i'll take it to where ever it goes


what are you guys thoughts on BCG?

[Carl Johnson]

This is what happen when you start seeing ATMs selling gold bars and coins in the mall. Retail dumb asses always hold the bag. Some of those idiots probably bought gold if it were at $1,600 when factor in the broker's commission.

[rymack]

anyone have any thoughts on Canadian REIT's? U.S. REIT's?

Thinking about putting some money in there for the long run in my TFSA.

[suzuka84]

put it into the US side then, the economy is no longer in a credit crisis and banks are back to lending to big corporate accounts. We won't be seeing the REITs folding and banks taking them over and liquidating the assets at fire sale prices anymore.

In Canada, REITs are dominated by the big players but there are a handful to which are public. If you look at the news releases over the past 2 years for Ballard Power, you'll see a small local REIT that is growing quickly. I can't remember the name right now. Ballard sold off its buildings last year to raise cash in a sell/lease back deal. The new owners of their head office building is the REIT.

[suzuka84]

Since the stock markets ended on a tear for 2010, it would seem prices have come down quite substantially over the past 20 days. It's time to load up the TFSA account so what's the company that will comprise the big holding for the 2011 $5k.

For me, I'm going into Minera Andes, MAI. An operating mine right beside the Andean Project that was bought by Goldcorp. It's current mkt cap of $600m makes it a bargain compared to the $3.3B for its neighbor. Rob McEwen is at the helm and he's the guy that built Goldcorp and subsequently forced out. You can tell he's out to build a Goldcorp killer and it starts with Minera.

[blkgsr]

that boat sailed back in Sept/Oct

what are you thinking it will go to?

[soymilk]

Originally Posted by rymack

anyone have any thoughts on Canadian REIT's? U.S. REIT's?

Thinking about putting some money in there for the long run in my TFSA.

I still believe Canadian REITS are still bullish for 2011. I like Artis (AX.UN) and Cominar (CUF.UN) two solid names with a sustainable 7-7.5% yield.

[suzuka84]

Originally Posted by blkgsr

that boat sailed back in Sept/Oct

what are you thinking it will go to?

how did the boat set sail?

Rob bought into the company for 1.75 setting a floor in 2007.

Crisis results in share price falling to the 0.50 level and in the past 2 years they only focused on the operating mine.

back in sep/oct, they finalized the overhanging litigation with their JV partner Hoschild and their share price goes to 1.50. Andean buy out is announced sending the share price even further. Goldcorp's valuation of Andean is more than the combined total of both Minera and Hoschild and you take into consideration Andean is purely in project stage without a mine. Minera plans to divert everything into drilling to define its resource.

2011 they announce expiry of all outstanding warrants at $2.50 setting another floor on share price.

Andean's mkt cap is 3.3B, Minera's is 600m. Big upside potential with downside risks averted based on management team and current operations.

If you can't tell already, I'm a mining analyst by trade.

[waddy41]

suzuka..what do you think of AVR?
Underpriced producer with costs at $500/oz? or is something up, therefore the SP is dropping..?

Should I sell AVR in favour of MAI?
Everytime I start to lose money I go into panic mode...I should force myself to think on a longer horizon

[suzuka84]

I`ll look at it on monday. I can`t do work stuff at home.

For mining companies, look at market cap not stock price.

[4444]

Originally Posted by suzuka84

If you can't tell already, I'm a mining analyst by trade.

what education do you have specific to mining? (i'm not asking for your credentials, i'm genuinely interested for me)

[HonestTea]

Originally Posted by 4444

anyways, back to investment talk

i'm upping my stake in Vodaphone (ADR), 45% ownership of Verizon wireless (just got iphone on this network in US), and is 'cheaper' than Verizon & AT&T, also is a huge player in europe - i'm looking for 15% capital appreciation in the coming month(s)... this room will come from the sale of telefonica, a great spanish telecoms company, 7% div yield... but i want to take my risk out of holding spanish stocks - yes great upside, but i'm weary of the eurozone - will it collapse? likely not, but there may (or will) be some big wobbles in the coming months/years

i could see myself playing telefonica again in the future

also, i'm going to increase my stake in Citigroup (preferred over BofA), by taking my profits from bank of ireland - again, europe is hte main reason for this move, i see C as a much safer play, and it will have a great year, no doubt about it... Bank of Ireland has been very volatile, up 10-20% in the past 6 weeks... but not moving out of this range...

just thought i'd share the next 2 moves i have for tuesday

Good stuff! I got quite a bit of shares @ Citi when it was at 3.50~ thinking of buying more as well.

[mas604]

Originally Posted by suzuka84

I`ll look at it on monday. I can`t do work stuff at home.

For mining companies, look at market cap not stock price.

What exactly do you mean by market cap? like higher the better?

[suzuka84]

Originally Posted by 4444

what education do you have specific to mining? (i'm not asking for your credentials, i'm genuinely interested for me)

I'm not a engineer or geologist. I have a bcom from ubc, grad 05.

I lucked out after grad and was able to join a mining group located in Vancouver at a time when mining had yet to take off (2005)

[suzuka84]

Originally Posted by waddy41

suzuka..what do you think of AVR?
Underpriced producer with costs at $500/oz? or is something up, therefore the SP is dropping..?

Should I sell AVR in favour of MAI?
Everytime I start to lose money I go into panic mode...I should force myself to think on a longer horizon

I say hold onto your AVR shares as the mkt caps are similar (rounding one up and the other down by 50m gets us 700m vs 700m).

For my risk profile, I prefer South America over Africa. Africa consists of a mish mash of banana republics with major mining companies having absolutely no power - look at First Quantum and their DRC fiasco, Rio and their power outages in S. Africa and the constant threat of expropriation. If I must go looking in Africa I would go into the relatively unknown places in Middle Africa as it's dangerous and thus represents first mover/frontier advantage.

do not go into panic mode and have the stomach to ride out the volatility. You bought the stock based on a review that satisfied your measures so stick with it. Unless you margined your AVR shares you do not have to worry.

You can do a lot of technical analysis looking at p/e ratios, charting blah blah blah. Tech analysis works for public companies with legions of analysts following it. What can a chart tell me about a canadian public company with no history of earnings looking for gold and hitting coal? absolutely nothing as the chart will show a stock price of $0.50 on Friday and $20 on Monday when they announce striking black gold.

Bear Creek Mining - BCM is one to watch. In 2008, they had 6 companies circling them for a buy out and nothing materialized. In 2011, they did a big private placement and have a very aggressive drill campaign. It should be a stellar year for these guys.

[suzuka84]

I only buy companies based on the assumption that they will be bought out so I never have to set a sell price.

Keep this in mind - your sell price is based on your own risk profile. IIf you're happy with a 20% gain, by all means take it and run for the exit. I invest in mining companies and anything less 100% gain is failure. Look at the portfolio managers that invest in mining. The majority of the portfolio grows slowly and surely but a handful of the companies carry
it to superstar gains. For the pm they usually start taking profit after 4-5x their initial investment.