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03-10-2011, 07:29 AM
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#3426 | | Need my Daily Fix of RS
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blkgsr...Are you tempted to get out today on opl?
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03-10-2011, 07:36 AM
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#3427 | | I *heart* Revscene.net very Muchie
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exactly
opl has already been back up as high as 1.30
cuu back to 1.33
i hope everything is starting to correct back to last week (well OPL continue it's was back up)
i really hope cuu get's back up to the 1.60/1.70 range before the NTL and the Resource Estimate come out
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03-10-2011, 07:37 AM
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#3428 | | I *heart* Revscene.net very Muchie
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Originally Posted by rymack  blkgsr...Are you tempted to get out today on opl? | nope
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03-10-2011, 07:45 AM
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#3429 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
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High volume though for CUU. Yeah, I hope they get back up to that range too. They have two big thing coming up.
Resource Estimate by end of March.
8000m Drill program to start in mid May.
Hopefully we get that buyout. hahaha
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03-10-2011, 07:49 AM
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#3430 | | I *heart* Revscene.net very Muchie
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don't forget the NTL still needs to be announced
that probably was built into the 1.70 range price but it will still be interesting to see it come out
and i think it would better better to come out before the resource estimate that way they know power will be there to get the expeced amounts
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03-10-2011, 08:06 AM
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#3431 | | Guest
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Stupid Questrade, still haven't processed my deposit. Would've scooped up CUU
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03-10-2011, 08:08 AM
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#3432 | | I contribute to threads in the offtopic forum
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True, hope the announcement is before the resources estimate. This sell off looked like the one they had when it retraced back down to 1.2 before it popped straight to 1.85.
shawnly-You should be still able to purchase CUU. You just need enough money by settlement date. Don't know if Questrade lets you do so.
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03-10-2011, 08:45 AM
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#3433 | | Guest
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TFSA account, not a margin
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03-10-2011, 10:43 AM
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#3434 | | I answer every Emotion with an emoticon
Join Date: Jul 2006 Location: V
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wow, fuck.
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03-10-2011, 11:46 AM
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#3435 | | "They call me Bowser...RawR!"
Join Date: Jul 2001 Location: Vancouver
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What's everyone keeping an eye on these days? I'm watching NOK and CSCO
__________________
"Damn fine car Dodge... Ran over me wife with a Dodge!", Zeke
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03-10-2011, 11:58 AM
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#3436 | | Network Admin Team
Join Date: Apr 2001
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Currently keeping an eye on PYN.V, STP.T and NGD.T
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03-10-2011, 01:28 PM
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#3437 | | I *heart* Revscene.net very Muchie
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Originally Posted by TRDood wow, fuck. | my thoughts exactly....if i knew more about the market and how to read proper charts, i could have easily double my shares in the past two days for no extra cash
oh well, i'll continue to hold and ride out the shit storm as my two stocks should be big winners
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03-10-2011, 02:44 PM
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#3438 | | RS controls my life!
Join Date: Apr 2006
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shitt looks like opl is sinking  | |
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03-10-2011, 02:56 PM
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#3439 | | I *heart* Revscene.net very Muchie
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dude, the whole market sunk today
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03-10-2011, 03:17 PM
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#3440 | | I don't get it
Join Date: Mar 2008 Location: burnaby
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time to consider deploying the margin accounts. I've been sitting on 50% cash for the past 2 weeks as I'm slowly becoming risk adverse. It has been fun following the companies you guys discuss in the thread but there's just no way I dare to buy into some of the flyers mentioned.
Some of the better prospects are still valued at market caps that would put them in range to buy out solid mining companies. At the current pricing, I'll be buying LUN as the current price vs. the buyout price would make some money given the current economic conditions.
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03-10-2011, 04:02 PM
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#3441 | | RS has made me the bitter person i am today!
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Originally Posted by suzuka84 time to consider deploying the margin accounts. I've been sitting on 50% cash for the past 2 weeks as I'm slowly becoming risk adverse. It has been fun following the companies you guys discuss in the thread but there's just no way I dare to buy into some of the flyers mentioned.
Some of the better prospects are still valued at market caps that would put them in range to buy out solid mining companies. At the current pricing, I'll be buying LUN as the current price vs. the buyout price would make some money given the current economic conditions. | It might make some money, but not as much as you expect. The max cash consideration is 2.4 bn. Lundins market cap is 4 bn so the rest is going to be made up of equinox shares which is 1.3x their price.. assuming that the prices hold, that's $6.5. So assuming you get a prorated share of the cash consideration and the value of equinox, your take home is close to the share price of lundin.
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03-10-2011, 05:03 PM
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#3442 | | I *heart* Revscene.net very Muchie
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HEHEHE everybody in red today I'm fucking GREEEEEEN  | |
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03-10-2011, 05:15 PM
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#3443 | | Rs has made me the man i am today!
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i just started a new daytime job and can't be online during market hours..
i think i'll stick with "blue chips" and play with long term options....
anyone selling covered calls here?
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03-10-2011, 07:25 PM
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#3444 | | I *heart* Revscene.net very Muchie
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Originally Posted by strykn HEHEHE everybody in red today I'm fucking GREEEEEEN | overall today or overall period?
i'm still very green, let's hope it stays that way
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03-10-2011, 10:51 PM
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#3445 | | I answer every Emotion with an emoticon
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US budget deficit hit the market yesterday... Japan's earthquake is going to plunge markets another -1.5%.
should have held onto my hou.to
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03-10-2011, 11:30 PM
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#3446 | | Need my Daily Fix of RS
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Originally Posted by suzuka84 time to consider deploying the margin accounts. I've been sitting on 50% cash for the past 2 weeks as I'm slowly becoming risk adverse. It has been fun following the companies you guys discuss in the thread but there's just no way I dare to buy into some of the flyers mentioned.
Some of the better prospects are still valued at market caps that would put them in range to buy out solid mining companies. At the current pricing, I'll be buying LUN as the current price vs. the buyout price would make some money given the current economic conditions. |
Same here. I made and then lost quite a bit of money in the run-up to fall 2008, so am still very hesitant in putting my money into companies I've only just heard of a few days (or even weeks) earlier.
May I ask why you are so bullish on LUN?
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03-10-2011, 11:33 PM
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#3447 | | Need my Daily Fix of RS
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Originally Posted by TRDood US budget deficit hit the market yesterday... Japan's earthquake is going to plunge markets another -1.5%.
should have held onto my hou.to | Bingo! I live in London so am slightly ahead of most of you in time-zone, but the Nikkei is down already 1.72%. The FTSE, which just opened, is already down 0.5%. Looks like the North American markets will close down today to wrap up a week of red.
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03-10-2011, 11:38 PM
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#3448 | | Need my Daily Fix of RS
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Originally Posted by waddy41 i just started a new daytime job and can't be online during market hours..
i think i'll stick with "blue chips" and play with long term options....
anyone selling covered calls here? | Blue chips aren't a bad idea but some of them can be quite volatile too. The key, I suppose, is to find one with a consistent dividend (more than 3%), that way you can at least have something to hold onto while you wait. Which ones are you considering?
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03-10-2011, 11:41 PM
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#3449 | | Need my Daily Fix of RS
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Are any of you experts in the IT field? A friend just pointed me to AXE.v At the moment they are extremely cheap, and Nvidia is a major shareholder, having purchased over 4 million shares recently. I know it's completely off the radar, given that most of the money nowadays is going into mining.
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03-11-2011, 01:01 AM
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#3450 | | I *heart* Revscene.net very Muchie
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US Markets def going to OVER-react in trading tomorrow especially since its a Friday in my opinion. Get ready to see some good buying opportunities.
and imo, saudi 'protests' won't blow up like Libya , going bearish on oil.
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