REVscene Automotive Forum

REVscene Automotive Forum (https://www.revscene.net/forums/)
-   The Business and Financial Forum (https://www.revscene.net/forums/business-financial-forum_303/)
-   -   STOCK MARKET Thread (https://www.revscene.net/forums/374823-stock-market-thread.html)

blkgsr 06-30-2011 07:47 AM

ya that makes sense...

and what does this mean??

Due to market volatility, the margin rate on common shares of Copper Fox Metals Inc. (CUU.VN)is increasing to 75% effective immediately. Please review your currentpositions to ensure your account does not enter a margin deficiency dueto this change.

DOHCVTEC 06-30-2011 07:49 AM

Quote:

Originally Posted by blkgsr (Post 7495707)
ya that makes sense...

and what does this mean??

Due to market volatility, the margin rate on common shares of Copper Fox Metals Inc. (CUU.VN)is increasing to 75% effective immediately. Please review your currentpositions to ensure your account does not enter a margin deficiency dueto this change.

Have you bought your CUU shares on margin?

shawnly1000 06-30-2011 08:47 AM

CUU price is down due to margin calling, hopefully it's like last week, day before the Aerial PR came out the price hit a lot of 1.83

highfive 06-30-2011 08:56 AM

^I think so too. Especially how it drops to 2.03 this morning. Honestly, the stock is held mostly by insiders plus a bunch of longs, CUU doesn't move as much as the other junior stocks out there.

strykn 06-30-2011 10:34 AM

lol retails don't move CUU

blkgsr 06-30-2011 10:36 AM

Quote:

Originally Posted by DOHCVTEC (Post 7495712)
Have you bought your CUU shares on margin?

no cash

shawnly1000 06-30-2011 11:06 AM

Strykn, our crystal ball/spidey senses still saying Tuesday?

New broker appearing on level II as well, Fraser Mackenzie, scooping up shares

strykn 06-30-2011 11:41 AM

yup, still have a feeling its gonna be Tuesday, if its not tuesday I will have to reduce my position a bit

LiquidTurbo 06-30-2011 02:07 PM

TRE went up 20% today.. lol.

Doubl3_H 06-30-2011 07:49 PM

anyone here bought ATH???

iEatClams 07-02-2011 10:08 PM

Quote:

Originally Posted by DOHCVTEC (Post 7494472)
I think the overall market is irrational and could snap down at any moment. Although the Greek parliament passed their vote today, which the markets were expecting anyway, the underlying problems with Greece, and indeed with the PIGS (Portugal, Ireland, Greece, Spain), are still present, if not getting worst. The only country holding the Euro zone together is Germany, with the UK a very distant second. So when (not if) the next PIGS see fiscal problems, the markets will fall again. It could happen in weeks, not months.

Anytime the TSX index goes over $13,500 I sell some of my positions and do some profit taking. I just don't see a sustained rally with what's happening with PIIGS (extra I for Italy since they have a problem collecting taxes like Greece), china, the US.

Until we see the news get better with some of these situations. I'd agree and hold a lot of liquid positions. But if we see a pull back to under 13,000 for the TSX I'd start buying again.

4444 07-02-2011 10:24 PM

Quote:

Originally Posted by azndude69 (Post 7498713)
Anytime the TSX index goes over $13,500 I sell some of my positions and do some profit taking. I just don't see a sustained rally with what's happening with PIIGS (extra I for Italy since they have a problem collecting taxes like Greece), china, the US.

Until we see the news get better with some of these situations. I'd agree and hold a lot of liquid positions. But if we see a pull back to under 13,000 for the TSX I'd start buying again.

so you'll buy on the basis of a 3.x% pull back (the difference between 13,500 and 13,000?) seems rather arbitrary

there will always be some worries, but i'm still very bullish for the overall economic picture - maybe because i'm an investor, not a trader, but corporate earnings are strong (worldwide economy, not US), and i invest on dips for the best of breeds that will be best of breeds for the next 5 years - having said that, yes there are things that concern me, and I monitor these things closely, if htey worry me way too much, i will get out of the market... but a general index level shouldn't dictate investments in individual stocks

I know, for a fact, that I can't time the market - did any of you time the Japan earthquake crisis (the answer is no, if you 'did' you were lucky that you exited when you did as you cannot see into the future of natural disasters)

maybe it won't make me a millionaire overnight, but i don't think that should be anyone's intention

highfive 07-02-2011 11:12 PM

^ I agree. Especially right now when US companies are holding so much cash. Sooner or later, they will deploy that money back into the economy through investments. By that time, US banks should begin to normalize, the overall market should benefit even further.

4444 07-03-2011 08:25 AM

Quote:

Originally Posted by highfive (Post 7498780)
^ I agree. Especially right now when US companies are holding so much cash. Sooner or later, they will deploy that money back into the economy through investments. By that time, US banks should begin to normalize, the overall market should benefit even further.

well, yes and no - you're right, these companies have so much money overseas... and they use this money overseas (its not like they're just sitting on it getting a 1.25% return in a GIC/T-bill) - but what we need is to have these funds redeployed at home, in the good old US of A.

My personal feelings are that the next step of the economic recovery, and what is needed to push start the US recovery is to have the 35% tax on these funds decreased - there is talk of a 5.xx% tax for a short while in relief of this, i would back this until the cows come home - this will be nothing but positive for job creation, US stability, etc.

everyone wants, an will be better off with this money back home - so while there is a potential for 35% tax on these funds (which will never happen, as these companies will never repatriate at 35%, and given these companies will last forever, effectively - that 35% becomes 0% in reality) or 5.xx% today - that'll still be trillions of dollars of tax revenues for the fed, and millions of jobs created at home, invested in what we're good at - innovation, technological advancements (maybe in the world of natural gas, and other 'home grown' energy sources, housing price stability, increased demand, etc, etc.)

President Obama needs to call me to talk about this!

iEatClams 07-03-2011 10:54 AM

Quote:

Originally Posted by 4444 (Post 7498731)
so you'll buy on the basis of a 3.x% pull back (the difference between 13,500 and 13,000?) seems rather arbitrary

there will always be some worries, but i'm still very bullish for the overall economic picture - maybe because i'm an investor, not a trader, but corporate earnings are strong (worldwide economy, not US), and i invest on dips for the best of breeds that will be best of breeds for the next 5 years - having said that, yes there are things that concern me, and I monitor these things closely, if htey worry me way too much, i will get out of the market... but a general index level shouldn't dictate investments in individual stocks

I know, for a fact, that I can't time the market - did any of you time the Japan earthquake crisis (the answer is no, if you 'did' you were lucky that you exited when you did as you cannot see into the future of natural disasters)

maybe it won't make me a millionaire overnight, but i don't think that should be anyone's intention

That's what my short term strategy will be. Just like stocks, I think Indexes, S&P and TSX have entry and exit points and most stocks correlate with the general markets. I think most of it is timing and guess work but that's how the world works for me. Sometimes your right, sometimes your not, but hopefully your right more than wrong.

A lot of advisors will tell you it's never about timing or security selection but I believe it is. When to enter, when to take your profits, when to hold cash, when to sell when somethings overvalued, buy when undervalued; it's all timing imho.


I'm not as bullish as most economists and investors. I have holdings that I'll probably have for the next 2 years and I have holdings that I "trade" on a daily (few days), weekly or even monthly basis or so.

iEatClams 07-03-2011 11:23 AM

Quote:

Originally Posted by 4444 (Post 7498989)
well, yes and no - you're right, these companies have so much money overseas... and they use this money overseas (its not like they're just sitting on it getting a 1.25% return in a GIC/T-bill) - but what we need is to have these funds redeployed at home, in the good old US of A.

My personal feelings are that the next step of the economic recovery, and what is needed to push start the US recovery is to have the 35% tax on these funds decreased - there is talk of a 5.xx% tax for a short while in relief of this, i would back this until the cows come home - this will be nothing but positive for job creation, US stability, etc.

everyone wants, an will be better off with this money back home - so while there is a potential for 35% tax on these funds (which will never happen, as these companies will never repatriate at 35%, and given these companies will last forever, effectively - that 35% becomes 0% in reality) or 5.xx% today - that'll still be trillions of dollars of tax revenues for the fed, and millions of jobs created at home, invested in what we're good at - innovation, technological advancements (maybe in the world of natural gas, and other 'home grown' energy sources, housing price stability, increased demand, etc, etc.)

President Obama needs to call me to talk about this!

I would disagree with you here.

I'm an opponent on further tax cuts for corporations cause it just doesn't seem to work for me. While it might provide short term stocks to increase because the financial statements will look better, it will hurt the overall economy in the long run.

Since the 70's tax cuts the US has never been the same. In the middle of the last century corporate and income taxes for the rich were at super high levels. Then the government decreased it further and further until now they are now at extremely low levels compared to that period of time.

I won't go into a lengthy discussion but to summarize why I don't think it won't work:

- Tax cuts don't trickle down. Tax rates for the rich and large corporation has been decreasing and decreasing since as long as you and I have been born. It hasn't trickled down.
- The Bush administration had tax cuts in the early 2000s that were worth almost $3 Trillion dollars, that could have been used on infrastructure, education, innovation. anything. $3 Trillion is a lot of money.
- Tax cuts seems to help only the rich, and since these cuts, the gap between the rich and the poor has been increasing. The richest 20% of population owns 85% of the wealth. I'm no socialist, but even that's grossly out of line. The middle class, one of the driving engines of the economy, is getting poorer.
- Jobs have not been created from these tax cuts and actually, most of the savings on the bottom line from corporations are used to invest Overseas instead of in North America.

4444 07-03-2011 01:31 PM

Quote:

Originally Posted by azndude69 (Post 7499092)
I would disagree with you here.

I'm an opponent on further tax cuts for corporations cause it just doesn't seem to work for me. While it might provide short term stocks to increase because the financial statements will look better, it will hurt the overall economy in the long run.

Since the 70's tax cuts the US has never been the same. In the middle of the last century corporate and income taxes for the rich were at super high levels. Then the government decreased it further and further until now they are now at extremely low levels compared to that period of time.

I won't go into a lengthy discussion but to summarize why I don't think it won't work:

- Tax cuts don't trickle down. Tax rates for the rich and large corporation has been decreasing and decreasing since as long as you and I have been born. It hasn't trickled down.
- The Bush administration had tax cuts in the early 2000s that were worth almost $3 Trillion dollars, that could have been used on infrastructure, education, innovation. anything. $3 Trillion is a lot of money.
- Tax cuts seems to help only the rich, and since these cuts, the gap between the rich and the poor has been increasing. The richest 20% of population owns 85% of the wealth. I'm no socialist, but even that's grossly out of line. The middle class, one of the driving engines of the economy, is getting poorer.
- Jobs have not been created from these tax cuts and actually, most of the savings on the bottom line from corporations are used to invest Overseas instead of in North America.

I don't think you read what I wrote properly

I'm not calling for corporate tax cuts on income, I'm calling for a one time 'allowance' to repatriate foreign funds into the US at lower tax rates

Where this comes from is US corporations having income offshore that never get taxed in the US, with the idea being that they will be taxed to the fullest extent (35%) when repatriated (funds brought back into the US) - but why would a company lose 35% of their offshore funds, when they can continue to reinvest outside of the US - I call for a one time grace period (6 months? 1 year) for large corps to repatriate their funds, the government will earn 5.xx% on the repatriated funds vs. effectively 0% as the corporations may NEVER repatriate these funds.

this is not a corporate income tax decrease, this is an opportunity to get something rather than nothing AND to have that money working hard in America for Americans - which I think, as hte most efficient work force (with respect to innovation) is the best use for htis money - this increase in output will create jobs & future corporate & personal income taxes at the full rates

win-win... but politics WILL get in the way of this

iEatClams 07-03-2011 06:57 PM

Quote:

Originally Posted by 4444 (Post 7499172)
I don't think you read what I wrote properly

I'm not calling for corporate tax cuts on income, I'm calling for a one time 'allowance' to repatriate foreign funds into the US at lower tax rates

Where this comes from is US corporations having income offshore that never get taxed in the US, with the idea being that they will be taxed to the fullest extent (35%) when repatriated (funds brought back into the US) - but why would a company lose 35% of their offshore funds, when they can continue to reinvest outside of the US - I call for a one time grace period (6 months? 1 year) for large corps to repatriate their funds, the government will earn 5.xx% on the repatriated funds vs. effectively 0% as the corporations may NEVER repatriate these funds.

this is not a corporate income tax decrease, this is an opportunity to get something rather than nothing AND to have that money working hard in America for Americans - which I think, as hte most efficient work force (with respect to innovation) is the best use for htis money - this increase in output will create jobs & future corporate & personal income taxes at the full rates

win-win... but politics WILL get in the way of this

Sorry, complete my bad for missing that.

I kinda like this idea, however my only worry is there's nothing guaranteeing that these companies will invest all the cash that they've brought back from being hoarded overseas.

There needs to be some sort of employment or incentive that requires them to invest X dollars or hire X amount of employees otherwise the full tax rate would apply instead of the 5% that you mentioned.

I have a feeling that they would just issue dividends to with all this cash instead of doing any hiring or research/development or anything like that.

4444 07-03-2011 07:01 PM

Quote:

Originally Posted by azndude69 (Post 7499398)
Sorry, complete my bad for missing that.

I kinda like this idea, however my only worry is there's nothing guaranteeing that these companies will invest all the cash that they've brought back from being hoarded overseas.

There needs to be some sort of employment or incentive that requires them to invest X dollars or hire X amount of employees otherwise the full tax rate would apply instead of the 5% that you mentioned.

I have a feeling that they would just issue dividends to with all this cash instead of doing any hiring or research/development or anything like that.

dividends would be awesome - it would create additional wealth in the hands of americans who will spend or invest that money, aka the money will be in the US system, creating higher top lines for most companies

strykn 07-04-2011 10:27 AM

forgot Canadian markets open today. CUU close of 2.20 would be excellent heading into tomorrow ;)

shawnly1000 07-04-2011 11:14 AM

Cautiously optimistic, it's currently at 2.16/2.17. Glad the margin calling didn't affect the share price that much

strykn 07-04-2011 12:08 PM

I'll take 2.16

estcecest 07-04-2011 12:42 PM

why is tre like this .. 28% increase today

classified 07-04-2011 12:47 PM

god dammit i woke up at 1 and didnt get a chance to sell my shares at like 4.90 god dammit

crazyazn 07-04-2011 01:10 PM

Holy crap TRE lol...spiked up to $4.99 today
Posted via RS Mobile


All times are GMT -8. The time now is 01:51 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net