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. |
 | | 
08-05-2011, 12:34 PM
|
#4826 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,942
Thanked 1,121 Times in 531 Posts
Failed 71 Times in 38 Posts
|
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.
| 
|  | |
08-05-2011, 12:46 PM
|
#4827 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,653
Thanked 756 Times in 380 Posts
Failed 150 Times in 49 Posts
|
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
| |
| | |
08-05-2011, 12:48 PM
|
#4828 | | 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
|
@blkgsr at least you got in 3 cents lower than your previous buy xD Quote:
Originally Posted by highfive  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  | |
| | |
08-05-2011, 01:00 PM
|
#4829 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,653
Thanked 756 Times in 380 Posts
Failed 150 Times in 49 Posts
|
ya i'm done now...too much stress
i just need to stop watching the sp everyday
| |
| | |
08-05-2011, 01:10 PM
|
#4830 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,942
Thanked 1,121 Times in 531 Posts
Failed 71 Times in 38 Posts
|
^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 @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.
| |
| | |
08-05-2011, 02:07 PM
|
#4831 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,653
Thanked 756 Times in 380 Posts
Failed 150 Times in 49 Posts
|
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
| |
| | |
08-05-2011, 02:30 PM
|
#4832 | | 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
|
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 03:01 PM.
| |
| | |
08-05-2011, 04:08 PM
|
#4833 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,556
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
| Quote:
Originally Posted by shawnly1000 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 :[
| |
| | |
08-05-2011, 05:05 PM
|
#4834 | | Everyone wants a piece of R S...
Join Date: Jun 2006 Location: vancouver
Posts: 351
Thanked 45 Times in 30 Posts
Failed 8 Times in 8 Posts
|
S&P downgraded US credit rating to AA+
stock market going to plunge Monday.
| |
| | |
08-05-2011, 05:23 PM
|
#4835 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Nov 2001 Location: Vancouver
Posts: 8,341
Thanked 263 Times in 82 Posts
Failed 20 Times in 6 Posts
|
__________________
:makeout:
| |
| | |
08-05-2011, 05:29 PM
|
#4836 | | 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
| 
They were off by trillions in their model based on false assumptions yet they were still able to rationalize a downgrade?
| |
| | |
08-05-2011, 06:22 PM
|
#4837 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,556
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
|
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
| |
| | |
08-05-2011, 06:54 PM
|
#4838 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
|
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.
| |
| | |
08-05-2011, 09:00 PM
|
#4839 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,653
Thanked 756 Times in 380 Posts
Failed 150 Times in 49 Posts
|
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??
| |
| | |
08-05-2011, 10:29 PM
|
#4840 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
|
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.
| |
| | |
08-06-2011, 01:58 PM
|
#4841 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,942
Thanked 1,121 Times in 531 Posts
Failed 71 Times in 38 Posts
| Quote:
Originally Posted by blkgsr 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.
| |
| | |
08-06-2011, 05:09 PM
|
#4842 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,653
Thanked 756 Times in 380 Posts
Failed 150 Times in 49 Posts
|
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?
| |
| | |
08-06-2011, 06:00 PM
|
#4843 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
|
thank god for GIC's put in 4-5 years ago wayy before I learned about stocks
| |
| | |
08-06-2011, 07:40 PM
|
#4844 | | Captain Happy Bubble is my Homeboy
Join Date: Aug 2005 Location: van
Posts: 314
Thanked 21 Times in 9 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by SiR_vfung thank god for GIC's put in 4-5 years ago wayy before I learned about stocks | haha gotta love dem 4.85% GICS
| |
| | |
08-07-2011, 02:09 PM
|
#4845 | | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Jul 2004 Location: vanc
Posts: 154
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
|
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
__________________
MY feedback
http://www.revscene.net/forums/showthread.php?s=&postid=2740293#post2740293
| |
| | |
08-08-2011, 05:54 AM
|
#4846 | | 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
|  
Cuu down, and my deposit didn't go through yet FUUUUUUUUUUUUUUUUUUU
| |
| | |
08-08-2011, 06:11 AM
|
#4847 | | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,270
Thanked 2,081 Times in 532 Posts
Failed 439 Times in 100 Posts
|
fuck why did i even bother to get up =|
| |
| | |
08-08-2011, 06:15 AM
|
#4848 | | 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
| Quote:
Originally Posted by gdoh fuck why did i even bother to get up =| | to see all the red  | |
| | |
08-08-2011, 06:22 AM
|
#4849 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,653
Thanked 756 Times in 380 Posts
Failed 150 Times in 49 Posts
|
one more day...all i had to wait was one more day....or tomorrow cause it will be down even more  | |
| | |
08-08-2011, 06:55 AM
|
#4850 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,942
Thanked 1,121 Times in 531 Posts
Failed 71 Times in 38 Posts
|
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.
| |
| | | |
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 05:32 PM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
