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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. |
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09-03-2011, 10:16 AM
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#5076 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
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That's not too too bad. I have a friend who got in at 2.35. But once this BFS is out, we're set. lol
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09-03-2011, 11:06 AM
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#5077 | | RS controls my life!
Join Date: Apr 2008 Location: yvr
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Originally Posted by waddy41  I've been ignoring CUU for the last 2 months.....still hurting though =( | I feel your pain. 
__________________ Quote:
Originally Posted by HollyZ32 you seen my pie live!
straight up nasty right right!!!!!!!!!!!!!!!!!!! lol | Quote:
Originally Posted by HollyZ32 Thats because you end up getting creepy pie like mine that makes you not want to eat it hha ...thats why its cheap ... | | |
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09-03-2011, 06:18 PM
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#5078 | | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
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Ignoring CUU?
Not the best decision - Esp with small cap stocks where the tide can change fast.
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09-03-2011, 06:48 PM
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#5079 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
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SP gonna spike when titan comes out then sell off until feasibility, trade it imo
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09-05-2011, 09:52 AM
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#5080 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
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Looks like it's going to be ugly tomorrow
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09-05-2011, 10:45 AM
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#5081 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
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gold is 1900+ atm.... =D
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09-05-2011, 10:55 AM
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#5082 | | I don't get it
Join Date: Mar 2011 Location: vancouver
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most yall discussin' these small/mini caps.... fucken sucks
get to the real point!!!! euro meltdown means ka-ching!!!!! time
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09-05-2011, 11:23 AM
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#5083 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
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^ care to elaborate?
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09-05-2011, 08:54 PM
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#5084 | | Need my Daily Fix of RS
Join Date: Jan 2006 Location: .
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Originally Posted by subordinate Ignoring CUU?
Not the best decision - Esp with small cap stocks where the tide can change fast. | I have actually been ignoring CUU as well because of the slow/delayed news and it is summer right now so enjoying the weather xD
tbh with CUU we already know what is to come; we have a taste of the drill results with some drills pending assay, the titan results should be done by now. The release i'm waiting for is the BFS which should be done near November. There are big invite only conferences this week and this is when i expect some of the big news such as titan/pending assay drills numbers to come out. Once the titan comes out, i'm sure there will be another SC in our hands.
by the way if any of you guys have looked at the amec stuff for cuu, they actually have a new report. The lawyers have spoke and some of the land that CUU has is not subjected to the teck back-in but will be offered if Teck does decide to back-in. the area that we own 100% and is not subjected to the back-in but will be offered is half of the GK zone, mike zone, and SC? correct me if i'm wrong.
Tomorrow will be a good day.
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09-05-2011, 09:34 PM
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#5085 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
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Tomorrows not gonna be a good day I can guarantee that , unless we get a NR of course.
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09-05-2011, 10:58 PM
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#5086 | | I don't get it
Join Date: Mar 2011 Location: vancouver
Posts: 444
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Originally Posted by waddy41 ^ care to elaborate? | welll if you knew how to short the market and were already short the market.. you be rolling in dough by now!!!!
if i held my positions a night longer two-three weeks ago, i woulda been up even more
the last mini crash a few weeks ago is just a sign of things to come
funds betting on the wrong side used that time to get out
a bear market is coming and will last longer and felt harder than the financial disaster of 2008
all this stock picking here by you guys wont mean shit cuz everyone will unload by the boatload
see you at s&p 850 dow at 8750 and oil at 55... gold? dunno depends where the US currency is trading too.... short term drop if market crashes then a major bull run in gold while US to CAD will be 1.08.. causing canada to fall into recession dues to exports being lower
housing crashes in BC/Canada due to China investors pulling out and buying gold  | |
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09-05-2011, 11:42 PM
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#5087 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
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Financial disaster of 2008 and today is very different. 2008, the entire system was going to break down. This time, it's the politicians fucking everything up. A little optimistic outlook on the economy.
1. Banks are less leveraged than 2008. They have much more liquidity than 2008.
2. Funds (hedge funds) are not as leveraged as they were in 2008 whether it was in commodities or stocks. (I don't know where you're getting the funds betting on the wrong side debate.) A lot of those funds are still holding cash or treasuries.
3. Corporate profits are higher than ever. We've seen a bunch of M&A activities. Canadian Tires for Forzani, AT&T for TMobile, Microsoft and Skype, Google and Motorola etc.
4. Emerging markets of BRIC. As bad as you want to call it, these countries are still growing as a very high rate.
5. USA did not default.
6. How will there be a housing crash in BC/Canada? Are you talking about Vancouver specifically? How will this crash happen? Even though I can go on about the housing debate in Vancouver, the "Chinese investor" is not the entire demand. Cause a lot of ppl I know in Vancouver have a lot of equity tied in their home so foreclosure is out of the question. A lot of homes have rental units that helps with the mortgage payments.
*If ppl are going to bring up that recent article of 95% of Vancouverites income goes to mortgage payments, please give your head a shake and think how we can live off of 5% of our income.
Plus, the labour costs/material costs in building a house is so much more nowadays that regardless of how big the fall is. The value in the house itself will still hold.
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09-06-2011, 05:27 AM
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#5088 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
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Originally Posted by highfive Plus, the labour costs/material costs in building a house is so much more nowadays that regardless of how big the fall is. The value in the house itself will still hold. | Like the HP touchpad??  | |
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09-06-2011, 09:45 AM
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#5090 | | Revscene.net has a homepage?!
Join Date: Sep 2008 Location: nowhere
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ONR.TO popped today with a bad market
got in during the debt crisis around the 5$
Last edited by 3klipze; 09-06-2011 at 09:53 AM.
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09-06-2011, 10:05 AM
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#5091 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
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Originally Posted by 3klipze ONR.TO popped today with a bad market
got in during the debt crisis around the 5$ | Damn  Up 32% today!
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Victoria Car Assessments - Condition assessments (test drive, photos, deficiencies and summary). RS member references available. IG @touringteg
1998 Acura Integra Type R #0635
2017 Honda Civic Type R #01818
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09-06-2011, 10:07 AM
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#5092 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
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Originally Posted by lime56 gold? dunno depends where the US currency is trading too.... short term drop if market crashes then a major bull run in gold while US to CAD will be 1.08.. causing canada to fall into recession dues to exports being lower
housing crashes in BC/Canada due to China investors pulling out and buying gold | Don't see this happening. Swiss Franc is no longer a safe haven currency so many countries will be turning to the USD again because it can be bought in mass quantities. If anything the USD will gain strength for a while.
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Victoria Car Assessments - Condition assessments (test drive, photos, deficiencies and summary). RS member references available. IG @touringteg
1998 Acura Integra Type R #0635
2017 Honda Civic Type R #01818
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09-06-2011, 10:45 AM
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#5093 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
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Originally Posted by SiR_vfung Like the HP touchpad?? | lol...I was tempted to buy it at $100. But aren't they giving it a second try apparently??? Quote:
Originally Posted by aznl3oi | SP seem to drop everytime they release something? It's like they are trying to scare some ppl away and force them to sell it. A little thing to keep in mind is that Stifel seems to buy everytime a NR is out. Quote:
Originally Posted by AME_VIP Don't see this happening. Swiss Franc is no longer a safe haven currency so many countries will be turning to the USD again because it can be bought in mass quantities. If anything the USD will gain strength for a while. | Exactly...gold is never really the answer as safe haven. It's too illiquid.
USD is still the safest and most liquid asset in the world. It's something we have to live with. Any other currency used to invest with is not enough. Or not better IMO. Euro or Yen? They're just as bad. RMB? well not until it's an internationally traded currency.
It's like Dennis Gartman says, the country with the biggest economy and biggest military power is the currency to trust. For now, it is still USA.
Last edited by highfive; 09-06-2011 at 10:53 AM.
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09-06-2011, 12:28 PM
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#5094 | | Need my Daily Fix of RS
Join Date: Jan 2006 Location: .
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Originally Posted by highfive
SP seem to drop everytime they release something? It's like they are trying to scare some ppl away and force them to sell it. A little thing to keep in mind is that Stifel seems to buy everytime a NR is out.
| yeah this always happens 
The NR wasn't even bad...pretty good imo. The 408 and 409 drills were drilled at an angle just to measure the extend of the mineralization and the results pretty much prove the minerals extend to the east and west.
yeah i've noticed the buying as well, it is probably because when a NR comes out the SP drops =.=
The NTL contract has been signed. COPPER FOX M : Copper Fox Welcomes the Awarding of the Construction Contract for the Northwest Transmission Line Project | 4-Traders | |
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09-06-2011, 12:41 PM
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#5095 | | I don't get it
Join Date: Mar 2011 Location: vancouver
Posts: 444
Thanked 333 Times in 77 Posts
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Originally Posted by highfive Financial disaster of 2008 and today is very different. 2008, the entire system was going to break down. This time, it's the politicians fucking everything up. A little optimistic outlook on the economy.
1. Banks are less leveraged than 2008. They have much more liquidity than 2008.
2. Funds (hedge funds) are not as leveraged as they were in 2008 whether it was in commodities or stocks. (I don't know where you're getting the funds betting on the wrong side debate.) A lot of those funds are still holding cash or treasuries.
3. Corporate profits are higher than ever. We've seen a bunch of M&A activities. Canadian Tires for Forzani, AT&T for TMobile, Microsoft and Skype, Google and Motorola etc.
4. Emerging markets of BRIC. As bad as you want to call it, these countries are still growing as a very high rate.
5. USA did not default.
6. How will there be a housing crash in BC/Canada? Are you talking about Vancouver specifically? How will this crash happen? Even though I can go on about the housing debate in Vancouver, the "Chinese investor" is not the entire demand. Cause a lot of ppl I know in Vancouver have a lot of equity tied in their home so foreclosure is out of the question. A lot of homes have rental units that helps with the mortgage payments.
*If ppl are going to bring up that recent article of 95% of Vancouverites income goes to mortgage payments, please give your head a shake and think how we can live off of 5% of our income.
Plus, the labour costs/material costs in building a house is so much more nowadays that regardless of how big the fall is. The value in the house itself will still hold. | if banks arent in trouble, than the euro banks shouldnt show the stock performance it has already
didnt you hear about the paulson fund fucking up this past month? and he's the guy who short the mortgage market with goldman et al
corporate profits are growing because they were so depressed compared to just a couple of years ago (2008) and cost cutting (why you think unemployment hasnt decreased? anyone hiring down there?) and stock buybacks to boost up their EPS (sham!)
BRIC growing at very high rate is a big concern.. they wont grow forever and in the short term wont exceed the past growth rate, which markets frown upon... also gov't in these regions are slow to react.. they will raise rates after the fact and slow the growth rate even moreso
US did not default.. you think they ok now?
does pushing your credit card bill to later make you better?
greece avoided default .... one year later.. hello greece.. you're back asking what? (btw, some ppl say a US default brings pain, but might have fix more than it can then raising the debt ceiling)
'Cause a lot of ppl have equity in their home so foreclosure is out of the question'... huh? did the US have equity in their homes? isnt that what foreclosure is about? you owe more than its worth numbnuts and you cant pay it back... you are retarded
you housing commment makes no sense... what the helll does labour and material cost matter?
i dont care you spent 25000$ soop'in up your car... im paying 6000$ for your civic | |
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09-07-2011, 12:37 AM
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#5096 | | resident Oil Guru
Join Date: Mar 2005 Location: Vancouver
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Any tips on building a portfolio? Have 10k to invest. Welcome any advice.
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09-07-2011, 08:52 AM
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#5097 | | RS has made me the bitter person i am today!
Join Date: Apr 2002 Location: In your head
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Went short HRBN.
Weird that I can't short more. No more permissions? Something fishy.
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09-07-2011, 11:43 AM
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#5098 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
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Originally Posted by LiquidTurbo Any tips on building a portfolio? Have 10k to invest. Welcome any advice. | dollar cost average
invest over time, not all at once
research LOADS before you buy - then continue to research as you own
don't own more than 10 stocks (5-10 is perfect for diversification)
stay diversified
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09-07-2011, 02:42 PM
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#5099 | | My homepage has been set to RS
Join Date: Nov 2004 Location: Burnaby,BC
Posts: 2,053
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Copper Fox Metals Inc. Announces $3,000,000 Private Placement Unit Offering
4:27pm EDT
Copper Fox Metals Inc. announced that subject to the approval of the TSX-Venture Exchange, the Company intends to complete a non-brokered private placement to raise up to CAD3,000,000 in funds (Offering). The Offering is expected to consist of 2,000,000 units at a purchase price of CAD1.50 per unit, for aggregate gross proceeds of $3,000,000. Each unit consists of one common share of Copper Fox and one-half common share purchase warrant of Copper Fox. Each whole warrant entitles the holder thereof to acquire one common share of Copper Fox at an exercise price of CAD1.75 prior to 5:00pm on the one year anniversary of the closing date of the Offering.
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09-07-2011, 03:50 PM
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#5100 | | I don't get it
Join Date: Mar 2011 Location: vancouver
Posts: 444
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Originally Posted by 4444 dollar cost average
invest over time, not all at once
research LOADS before you buy - then continue to research as you own
don't own more than 10 stocks (5-10 is perfect for diversification)
stay diversified | if you have 10k to invest..dont even start.. just give to a TD dude and put it to work
why i say that?
i assuming you're young. like under 35, and unless you have kids or are supporting family, this is disposable income.
sooner or later your urge to gamble big will come over you
so go into something more risky
younger- more risk OK
older- save for retirement
you have 10K only.. you cant go and buy 10 stocks and get a return that would make you happy or keep you involved
just buy the SPY or ETF
levered ETF are the way to go if you follow the market/news
i suggest the FAS/FAZ financial 3x ETF
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