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Old 05-08-2011, 04:36 PM   #4001
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Old 05-09-2011, 08:43 AM   #4002
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Who's holding Citi (C) ??
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Old 05-09-2011, 08:51 AM   #4003
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^ sold a long time ago, then again I only had like $1000
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Old 05-09-2011, 08:59 AM   #4004
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Old 05-09-2011, 09:05 AM   #4005
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Who's holding Citi (C) ??
I do. I'm buying it for my parents for a long term trade.

Luckily I bought a majority of it around $3.7.

If you're willing to wait out for Citi, it's a matter of time when their earnings come back.
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Old 05-09-2011, 10:13 AM   #4006
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I do. I'm buying it for my parents for a long term trade.

Luckily I bought a majority of it around $3.7.

If you're willing to wait out for Citi, it's a matter of time when their earnings come back.
while i agree with your comment, the earnings aren't there today, and there is much more money to be made in other equally safe (if not safer) blue chips (CAT, DE, CMI to name 1 sector), so buying and holding onto that puppy may mean missing out on other opportunities... you can always go back to C when the earnings start coming in
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Old 05-09-2011, 10:35 AM   #4007
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while i agree with your comment, the earnings aren't there today, and there is much more money to be made in other equally safe (if not safer) blue chips (CAT, DE, CMI to name 1 sector), so buying and holding onto that puppy may mean missing out on other opportunities... you can always go back to C when the earnings start coming in
I agree. I originally purchased this stock with a 1.5 year time frame. Expected the stock to rise up $6. I didn't expected they go through with a 10-1 reverse split. I was hoping to see more of normalized earnings and more of a stock buy back or increase in dividends. Because the stock was below $5 before, I was waiting for it to rise above it so institutional money can buy into it.

For now, I'm just going to wait it out and see how it settles after the reverse split.
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Old 05-09-2011, 11:37 AM   #4008
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Holy fuck. CUU popped to 2.31. Sucks for those ppl who sold at 2
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Old 05-09-2011, 11:43 AM   #4009
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LOL holy fuck HUGE SPIKE hahaha, so glad i loaded big @ 2 level xD
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Old 05-09-2011, 11:44 AM   #4010
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And still climbing to 2.33 !
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Old 05-09-2011, 12:01 PM   #4011
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I'm new to mining companies, how much PPS appreciation can we expect on a good RE?
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Old 05-09-2011, 01:05 PM   #4012
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great close today.

appreciation from the RE is probably 1-10%, realistically.
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Old 05-09-2011, 01:09 PM   #4013
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Collective sigh of relief from CUU holders
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Old 05-09-2011, 02:47 PM   #4014
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Sold 2000 shares of FGL this morning at 26.xx......not bad considering I purchased majority of it back when it was $8-9
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Old 05-09-2011, 04:37 PM   #4015
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anyone ever looked at Tamerlane Ventures Inc (TAM.V)
they appear to have pinepoint up and running later this year
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Old 05-09-2011, 05:07 PM   #4016
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Any1 into US stocks?

I am buying US lately as most of my incomes are USD based.
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Old 05-09-2011, 06:47 PM   #4017
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I have ENTR and SVM in US...

Why is your income mostly USD?
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Old 05-09-2011, 07:53 PM   #4018
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Holy fuck. CUU popped to 2.31. Sucks for those ppl who sold at 2
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LOL holy fuck HUGE SPIKE hahaha, so glad i loaded big @ 2 level xD
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And still climbing to 2.33 !
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Collective sigh of relief from CUU holders
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Old 05-09-2011, 07:58 PM   #4019
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you sold?
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Old 05-09-2011, 10:08 PM   #4020
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Even worse, limited at $2 last Friday
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Old 05-09-2011, 11:48 PM   #4021
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I have ENTR and SVM in US...

Why is your income mostly USD?
I am focusing on e-your-business consulting (basically giving custom solutions to bring traditional business to e-commerce or improve their productivity by adapting new electronic systems) and it was more convenient to me to charge my clients in USD as all my contract workers (programers, designers.. etc) get paid in USD. And USD was higher when I started.

Now that the model is set, it's more difficult to change it back to CDN.

Back to topic, I am betting big on the recovery of uranium. In this sector alone, 30K so far on a mix of CCJ and URRE

Bought some CSCO when it hit below 17. Let's hope its refocus back to its core business bring some good value to my holdings.
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Old 05-10-2011, 12:01 AM   #4022
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Who's holding Citi (C) ??
I'm holding quite a bit of Citi, saw it go up like 900% today, it looked nice but we're down overall.. lol

We'll see what this 10:1 reverse split does to Citi.
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Old 05-10-2011, 12:14 AM   #4023
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anyone have any recommendations on trading platforms, before i head to the questrade offices tomorrow to open an account?
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Old 05-10-2011, 01:12 AM   #4024
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anyone have any recommendations on trading platforms, before i head to the questrade offices tomorrow to open an account?
im with questrade only for tfsa reasons, but i hear interactive brokers are the cheapest (if thats important to you) but not sure how the platform is. and they don't have tfsa.

if you're not opening a tfsa, i suggest looking into other platforms. i don't find questrade that good, the platform doesn't have enough information and i was holding a company that was being bought and had their shares converted, and it took questrade too long to convert them, delaying my trades
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Old 05-10-2011, 01:31 AM   #4025
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anyone have any recommendations on trading platforms, before i head to the questrade offices tomorrow to open an account?
Is there a reason why you have to go do their office tomorrow to open an account? Can't you complete it online?
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