The Business and Financial Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE! Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance. | | |
07-04-2011, 02:15 PM
|
#4401 | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
| Quote:
Originally Posted by estcecest why is tre like this .. 28% increase today | REPEAT - Wellington Controls 11.5% of Sino-Forest: report - NASDAQ.com
Also due to the lack of volume associated with holiday weekends on both sides of the border.
I'd be surprised if Wellington's shares were from before Muddy Waters, most likely they got in on the drop.
|
| |
07-04-2011, 09:09 PM
|
#4402 | 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
| Quote:
Originally Posted by suzuka84 a great stock that is currently sitting off its highs and close to where the chinese bought in - Adriana Resources, ADI. Look at the President and CEO then take a gander at their exploration project now combine it with their most recent private placement investor. This is a great spec stock to add to your portfolio for a long position/home run. | What are your thoughts on Aurcana Corporation, AUN?
|
| |
07-05-2011, 08:23 AM
|
#4403 | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
|
Shit tre is monster Posted via RS Mobile |
| |
07-05-2011, 10:58 AM
|
#4404 | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
|
god damn fuck you copper fox!!
|
| |
07-05-2011, 11:03 AM
|
#4405 | 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 SiR_vfung | i almost want us to stop talking about TRE - and calling it a monster... well, not sure what to think about that, given that its fallen from $2x.xx to $4.xx in less than a month
that stock is just a gamble, fundamentals within the company or the economy do not lead to increases or decreases (any more at least) in this stock, it is merely the speculative money going in and out that is moving this stock
|
| |
07-05-2011, 11:07 AM
|
#4406 | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
| Quote:
Originally Posted by 4444 i almost want us to stop talking about TRE - and calling it a monster... well, not sure what to think about that, given that its fallen from $2x.xx to $4.xx in less than a month
that stock is just a gamble, fundamentals within the company or the economy do not lead to increases or decreases (any more at least) in this stock, it is merely the speculative money going in and out that is moving this stock | Yes, TRE will chew on greed and spit investors back out for lunch. I think it resembles more like a casino, rather than an investment.
|
| |
07-05-2011, 11:08 AM
|
#4407 | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
| Quote:
Originally Posted by strykn god damn fuck you copper fox!! | Why, what happened?
|
| |
07-05-2011, 12:09 PM
|
#4408 | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
|
Does anyone here know or use Interactive Brokers? I was watching CNBC this morning and their commercial said they would lend 1 million USD for every $200,000 deposit.
I went on their website and found this. Quote:
IB Lends USD at 1.3% Low Cost January 24, 2011
Central banks are flooding the world with cheap money and the markets haven't moved much. Interactive Brokers will lend one million US dollars at just 1.3% for every 200,000 USD in your portfolio margin account. See our high dividend scanner for the many hundreds of stocks that yield over five percent. Please note that portfolio margin accounts are only for experienced investors with USD 100,000 minimum account equity.
To find out more about Portfolio Margin, see the How Do I Upgrade to Portfolio Margin page.
*Margin rates as of 12/01/2010. Read the Portfolio Margin Risk Disclosure Statement at www.interactivebrokers.com. Dividend yields can change and stocks may lose value. You may lose more than your initial investment. Interactive Brokers LLC is a member of NYSE, FINRA, SIPC.
| |
| |
07-05-2011, 12:13 PM
|
#4409 | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,665
Thanked 760 Times in 383 Posts
Failed 150 Times in 49 Posts
| Quote:
Originally Posted by DOHCVTEC Why, what happened? | nothing...that's the problem
|
| |
07-05-2011, 12:29 PM
|
#4410 | 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 highfive Does anyone here know or use Interactive Brokers? I was watching CNBC this morning and their commercial said they would lend 1 million USD for every $200,000 deposit.
I went on their website and found this. | IB lets you trade more than just US & Cdn markets, I believe.
Although you may think that margin is attractive, but it rarely is a great idea to long term trade/invest on margin due to the risky nature of stocks
|
| |
07-05-2011, 12:35 PM
|
#4411 | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
|
Ya the low interest and margin that IB provides can seem tempting at first, say for dividends.
But like all margins, it can be called anytime . Posted via RS Mobile |
| |
07-05-2011, 03:15 PM
|
#4412 | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
|
^ It does look tempting. Take my profits from CUU. Buy USD and dump it there. I have 1-2 million to play with.
|
| |
07-05-2011, 04:48 PM
|
#4413 | Need my Daily Fix of RS
Join Date: Jan 2006 Location: .
Posts: 290
Thanked 6 Times in 5 Posts
Failed 0 Times in 0 Posts
| |
| |
07-05-2011, 07:37 PM
|
#4414 | resident Oil Guru
Join Date: Mar 2005 Location: Vancouver
Posts: 7,716
Thanked 10,457 Times in 1,794 Posts
Failed 1,065 Times in 267 Posts
| Quote:
Originally Posted by DOHCVTEC Yes, TRE will chew on greed and spit investors back out for lunch. I think it resembles more like a casino, rather than an investment. | Will TRE ever recover?
|
| |
07-05-2011, 07:53 PM
|
#4415 | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
|
blkgsr, highfive, and shawnly... our day is coming
|
| |
07-06-2011, 07:04 AM
|
#4416 | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,665
Thanked 760 Times in 383 Posts
Failed 150 Times in 49 Posts
|
WHEN?? lol
once the RE comes out, what do you think it will go to?
i'm out once the RE hits
|
| |
07-06-2011, 07:37 AM
|
#4417 | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
| Quote:
Originally Posted by blkgsr WHEN?? lol
once the RE comes out, what do you think it will go to?
i'm out once the RE hits | I got out of CUU yesterday - am somewhat satisfied with a 30% profit, given the market conditions. I believe once the RE comes out, everyone will want to sell, leading to a classic case of "sell on news".
|
| |
07-06-2011, 09:23 AM
|
#4418 | 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 DOHCVTEC I got out of CUU yesterday - am somewhat satisfied with a 30% profit, given the market conditions. I believe once the RE comes out, everyone will want to sell, leading to a classic case of "sell on news". | seriously?!
have you done your DD on this stock, there's a reason we're waiting for the RE & FS... its called Teck & their buy in (and if not theirs, then DEFINITELY some other big mining name or CIC)
|
| |
07-06-2011, 09:47 AM
|
#4419 | RS.net, where our google ads make absolutely no sense!
Join Date: Oct 2003 Location: VAncouver
Posts: 993
Thanked 864 Times in 179 Posts
Failed 98 Times in 44 Posts
| Quote:
Originally Posted by highfive Does anyone here know or use Interactive Brokers? I was watching CNBC this morning and their commercial said they would lend 1 million USD for every $200,000 deposit.
I went on their website and found this. | I use it. I haven't borrowed any millions though.
Only account I've found in Canada that does "stocks, options, futures, forex, bonds. Worldwide. In one account"
|
| |
07-06-2011, 10:29 AM
|
#4420 | 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
| Quote:
Originally Posted by 4444 seriously?!
have you done your DD on this stock, there's a reason we're waiting for the RE & FS... its called Teck & their buy in (and if not theirs, then DEFINITELY some other big mining name or CIC) | It's never a bad idea to take profits.
|
| |
07-06-2011, 10:31 AM
|
#4421 | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
Thanked 2,081 Times in 532 Posts
Failed 439 Times in 100 Posts
|
if he still liked it he could have taken out the initial investment and then the rest would be all profits
|
| |
07-06-2011, 10:38 AM
|
#4422 | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
| Quote:
Originally Posted by 4444 seriously?!
have you done your DD on this stock, there's a reason we're waiting for the RE & FS... its called Teck & their buy in (and if not theirs, then DEFINITELY some other big mining name or CIC) | Yeah, although I'm familiar with the overall situation surrounding CUU, I just can't keep my money stuck between $2-2.15 for weeks on end. Plus if it was such a sure bet, then I'm sure you would agree with me that the SP should be much higher than it is right now. I hope CUU succeeds, though. It seems like a lot of people, particularly on the SH boards, are betting big on CUU. Moreover, that SC development would be a good thing for our BC economy too. All the best!
|
| |
07-06-2011, 10:43 AM
|
#4423 | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
| Quote:
Originally Posted by gdoh if he still liked it he could have taken out the initial investment and then the rest would be all profits | Yeah, or I could buy back, depending on how the market reacts. Call it insurance if you would, but I've been trading for about 10 years now and almost 80% of the time when "expected news or REs" comes out, the SP drops, at least for a couple trading sessions. It's happened to me again and again and again...
|
| |
07-06-2011, 10:52 AM
|
#4424 | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
| Quote:
Originally Posted by strykn blkgsr, highfive, and shawnly... our day is coming | I hope your spidey senses are working.
Are you guys planning to get out of CUU completely? or just shave off a percentage of your position? I'm going to see how the RE is. If it's really good and the stock pops and doesn't falls. I might hold. If not, I'm tempted to cash in and buy again at a lower price level.
minoru_tanaka - I emailed them. The whole $200,000 deposit for $1,000,000 margin is what they called portfolio margin where you are required to purchase stocks with certain risks and dividend yield. I just stopped reading when they said only for US residents though. lol
|
| |
07-06-2011, 11:06 AM
|
#4425 | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
|
Can't really hate on DOHCVTEC, profit is PROFIT. I took some off the table at 2.16, will take a big chunk off after RE, and ride 'free' shares untill FS. good luck everybody.
|
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts HTML code is Off | | | All times are GMT -8. The time now is 04:56 PM. |