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Old 08-05-2011, 01:34 PM   #4826
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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.
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Old 08-05-2011, 01:46 PM   #4827
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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
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Old 08-05-2011, 01:48 PM   #4828
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@blkgsr at least you got in 3 cents lower than your previous buy xD

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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

just have a nice drink and keep the BFS in mind
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Old 08-05-2011, 02:00 PM   #4829
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ya i'm done now...too much stress

i just need to stop watching the sp everyday
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Old 08-05-2011, 02:10 PM   #4830
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^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

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@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

just have a nice drink and keep the BFS in mind
That magical lamp better work man. Or shoot the damn genie inside.
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Old 08-05-2011, 03:07 PM   #4831
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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
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Old 08-05-2011, 03:30 PM   #4832
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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*

Last edited by shawnly1000; 08-05-2011 at 04:01 PM.
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Old 08-05-2011, 05:08 PM   #4833
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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 :[
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Old 08-05-2011, 06:05 PM   #4834
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S&P downgraded US credit rating to AA+

stock market going to plunge Monday.
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Old 08-05-2011, 06:23 PM   #4835
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S&P Downgrades US To AA+, Outlook Negative - Full Text | ZeroHedge
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Old 08-05-2011, 06:29 PM   #4836
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They were off by trillions in their model based on false assumptions yet they were still able to rationalize a downgrade?
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Old 08-05-2011, 07:22 PM   #4837
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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
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Old 08-05-2011, 07:54 PM   #4838
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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.
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Old 08-05-2011, 10:00 PM   #4839
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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??
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Old 08-05-2011, 11:29 PM   #4840
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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.
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Old 08-06-2011, 02:58 PM   #4841
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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.
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Old 08-06-2011, 06:09 PM   #4842
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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?
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Old 08-06-2011, 07:00 PM   #4843
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thank god for GIC's put in 4-5 years ago wayy before I learned about stocks
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Old 08-06-2011, 08:40 PM   #4844
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thank god for GIC's put in 4-5 years ago wayy before I learned about stocks
haha gotta love dem 4.85% GICS
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Old 08-07-2011, 03:09 PM   #4845
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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
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Old 08-08-2011, 06:54 AM   #4846
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Cuu down, and my deposit didn't go through yet FUUUUUUUUUUUUUUUUUUU
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Old 08-08-2011, 07:11 AM   #4847
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fuck why did i even bother to get up =|
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Old 08-08-2011, 07:15 AM   #4848
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fuck why did i even bother to get up =|
to see all the red
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Old 08-08-2011, 07:22 AM   #4849
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one more day...all i had to wait was one more day....or tomorrow cause it will be down even more

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Old 08-08-2011, 07:55 AM   #4850
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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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