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highfive 08-05-2011 12:34 PM

Anyone looking at RIM? At 22-24 bucks, it's looking pretty good.

P/E of what? 3-5? They're expected to earn 5 bucks per share this year.

blkgsr 08-05-2011 12:46 PM

the money i've got in is all i'm putting in...i'm all tfsa (two accounts, mine and my fiance's) the sell at 1.60 and buy at 1.57 worked out, so i'm happy

just could have been alot better, oh well

aznl3oi 08-05-2011 12:48 PM

@blkgsr at least you got in 3 cents lower than your previous buy xD

Quote:

Originally Posted by highfive (Post 7535635)
But you still got in at 1.57 right?

It's just 3 cents, if you're in for the long term, it's not a super big deal buddy.

Finally, the fucking week is over. Lets hope we get a little pop on Monday and a massive short squeeze. lol

yeah what a hectic week, but next week should be better; the US situtation is dealt with, Europe with their debt plan, and my magical lamp saying NR next week, it should be better than his week for sure :okay:

just have a nice drink and keep the BFS in mind
:sweetjesus:

blkgsr 08-05-2011 01:00 PM

ya i'm done now...too much stress

i just need to stop watching the sp everyday

highfive 08-05-2011 01:10 PM

^What you need is an alert system. You get alert when the price drops to here or when it rises to that level. or when a buy out is here. lol

Quote:

Originally Posted by aznl3oi (Post 7535677)
@blkgsr at least you got in 3 cents lower than your previous buy xD



yeah what a hectic week, but next week should be better; the US situtation is dealt with, Europe with their debt plan, and my magical lamp saying NR next week, it should be better than his week for sure :okay:

just have a nice drink and keep the BFS in mind
:sweetjesus:

That magical lamp better work man. Or shoot the damn genie inside.

blkgsr 08-05-2011 02:07 PM

how can i set an alert system up?

i don't work infront of my computer any more...so the best i've got is the app my iphone came with which is 20 mins delayed

i wish bmoinvestorline had an app

shawnly1000 08-05-2011 02:30 PM

Apparently the US government is expecting and preparing for a credit rating downgrade from S&P. Those fuckers are the ones that in a sense caused the subprime mortgage catastrophe, they were taking bribes to give pieces of shit godly ratings.

Update

S&P served notice Friday afternoon it planned to downgrade the US AAA credit rating. But the official said the agency is reconsidering after the administration challenged S&P's analysis of the government's revenue and deficit picture.

They made simple mathematical errors that resulted in their model being off by trillions...

*facepalm*

strykn 08-05-2011 04:08 PM

Quote:

Originally Posted by shawnly1000 (Post 7535771)
Apparently the US government is expecting and preparing for a credit rating downgrade from S&P. Those fuckers are the ones that in a sense caused the subprime mortgage catastrophe, they were taking bribes to give pieces of shit godly ratings.

Update

S&P served notice Friday afternoon it planned to downgrade the US AAA credit rating. But the official said the agency is reconsidering after the administration challenged S&P's analysis of the government's revenue and deficit picture.

They made simple mathematical errors that resulted in their model being off by trillions...

*facepalm*

Fucking shady crooks, they all have an agenda. sitting on some pretttyyy big paperlosses right now :[

no_clue 08-05-2011 05:05 PM

S&P downgraded US credit rating to AA+

stock market going to plunge Monday.

ShyGuy 08-05-2011 05:23 PM

S&P Downgrades US To AA+, Outlook Negative - Full Text | ZeroHedge

shawnly1000 08-05-2011 05:29 PM

:fulloffuck:

They were off by trillions in their model based on false assumptions yet they were still able to rationalize a downgrade?

strykn 08-05-2011 06:22 PM

I wonder who's paying S&P. These guys are dirty ( 2008 ).

Got the hardhat on, gonna go deeper in red on monday weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee eeeeeeeeeeeeeeeeee

Carl Johnson 08-05-2011 06:54 PM

Most retails investors will see this headline over the weekend and panic on Monday. If we sell hard on Monday then I am putting my money where my mouth is and buy the fucking dip.

blkgsr 08-05-2011 09:00 PM

damn, shoulda stayed out one more day

anyone thing of selling at market on the open then waiting a while and getting back in later??

Carl Johnson 08-05-2011 10:29 PM

Picking bottom or top is a fool's game. You just have to pick your spot and go small initially then dollar cost average your way up. In this environment blue chip stocks are the best imo.

As for you blkgsr, the technical doesn't look so hot on CUU right now just let you know. If it gaps down below $1.45 and doesn't recover you better get out of the way. If it gets above $1.75ish then forget what I just said.

highfive 08-06-2011 01:58 PM

Quote:

Originally Posted by blkgsr (Post 7535749)
how can i set an alert system up?

i don't work infront of my computer any more...so the best i've got is the app my iphone came with which is 20 mins delayed

i wish bmoinvestorline had an app

If you have an iphone, you can use stock alerts? I think it's a paid app. If not, try google it. I'm sure you can find some.

blkgsr 08-06-2011 05:09 PM

what are you guys doing with your mutal funds/rrsp's etc if you have them? leaving them as is?

i got rocked after 08 and it's now back to where i was before...almost

i want to try to avoid that same loss again...thinking about getting everything put into cash accounts to wait it out

thoughts?

SiRV 08-06-2011 06:00 PM

thank god for GIC's put in 4-5 years ago wayy before I learned about stocks

soymilk 08-06-2011 07:40 PM

Quote:

Originally Posted by SiR_vfung (Post 7536834)
thank god for GIC's put in 4-5 years ago wayy before I learned about stocks

haha gotta love dem 4.85% GICS

madison 08-07-2011 02:09 PM

Hi , just wondering if anyone has tried the new CIBC Mobile Brokerage app? I couldn't see if it has real time quotes and if they stream or not. Thanks for any info

aznl3oi 08-08-2011 05:54 AM

:fuuuuu:
:cry:

Cuu down, and my deposit didn't go through yet FUUUUUUUUUUUUUUUUUUU

gdoh 08-08-2011 06:11 AM

fuck why did i even bother to get up =|

aznl3oi 08-08-2011 06:15 AM

Quote:

Originally Posted by gdoh (Post 7538056)
fuck why did i even bother to get up =|

to see all the red :5shots:

blkgsr 08-08-2011 06:22 AM

one more day...all i had to wait was one more day....or tomorrow cause it will be down even more

:(

highfive 08-08-2011 06:55 AM

But unless you're trying to day trade this, 5-10 cents difference isn't a super big deal when you have a target price on this stock.

I'm expecting of a buyout price of $6ish or so. My math of $2.8 Billion NPV - $200 million of 75% buy back by TECK = $2.4 billion. So you can say TECK isn't goin to get a $2.8 billion mine for $200 million. They would have to at least pay for the value of the mine itself which is $2.4 / by 374 million shares.

I have a hunch this will be our lows today and we are going to rise back up later the day.


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