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-   -   STOCK MARKET Thread (https://www.revscene.net/forums/374823-stock-market-thread.html)

Jermyzy 12-14-2011 02:11 PM

Most of my stocks are long-term dividend paying stocks. But my POT holdings is down $3000 already. I was long POT, but news seems to keep going from bad to worse? Just not long ago, most analysts were upgrading their price targets too...I'm hoping it eventually recovers

Farmers in holding pattern on fertilizer prices - The Globe and Mail

SiRV 12-14-2011 04:16 PM

Quote:

Originally Posted by highfive (Post 7726273)
^Failed to show statistical improvements on drug.

Shit...were you long it shawnly1000?

damnn... female arousal drug?
the best way to cure that is to give a drug to the husband to make him look sexier

highfive 12-14-2011 05:22 PM

Quote:

Originally Posted by SiRV (Post 7726469)
damnn... female arousal drug?
the best way to cure that is to give a drug to the husband to make him look sexier

or to a lot of women...LV bag.

Quote:

Originally Posted by shawnly1000 (Post 7726279)
Nope, thankful not, but I do know a few guys were. Wish I had been able to have been bearing good news and not that kind for them :(

Sucks for those guys...that's why i never really got into Pharma stocks. big reward big risk. especially when i don't understand them either.

4444 12-14-2011 07:36 PM

truer words have never been spoken (re: LV bag)

strykn 12-14-2011 08:19 PM

I was long on BPAX , -$3500 ouch

TouringTeg 12-15-2011 07:16 AM

Down $400 on POT as well. We could be waiting a long time.

Wow BPAX down 76% at the moment. ack

DaFonz 12-15-2011 07:45 AM

Merger arbitrage for the day - CVE:CSC.

I put in a limit order at .125 for a 2:1 risk return. Figure the floor is the 52 week low. Target price .20. Will know results by dec 31st (when santa fe gold has to announce financing).

DaFonz 12-15-2011 07:46 AM

Quote:

Originally Posted by AME_VIP (Post 7727156)
Down $400 on POT as well. We could be waiting a long time.

Wow BPAX down 76% at the moment. ack

In this environment, if you're going long, write covered calls to take out the sting.

shawnly1000 12-15-2011 12:22 PM

RIMM guidance tanking it;Q4 EPS of 80-95c, vs. cons. $1.18, sales $4.6-$4.9B, vs. $5.12B

LOL Zynga $ZNGA said to price 100 million shares at $10/share...gonna be worth more than RIMM

highfive 12-15-2011 01:26 PM

well....Facebook is valued as $100 billion so i guess riding on the tail of them will make you worth a tenth?

DaFonz 12-15-2011 02:00 PM

Quote:

Originally Posted by shawnly1000 (Post 7727411)
RIMM guidance tanking it;Q4 EPS of 80-95c, vs. cons. $1.18, sales $4.6-$4.9B, vs. $5.12B

LOL Zynga $ZNGA said to price 100 million shares at $10/share...gonna be worth more than RIMM

At least temporarily. I'd rather bet on RIMM than ZNGA though I'd say both will go to zero given long enough timelines.

Ulic Qel-Droma 12-15-2011 08:55 PM

facebook is not worth a hundred fucking billion dollars.

just like none of these tech companies going public are worth whatever people think they're worth.

no fuckin way. they're all way over valued.

might as well say it's worth a trillion :lawl:

soymilk 12-15-2011 10:51 PM

IPL.un and PPL both pipelines holding up very well in this environment. If you guys are looking for some defensive names with some solid yield.

highfive 12-16-2011 09:06 AM

Quote:

Originally Posted by shawnly1000 (Post 7727411)
RIMM guidance tanking it;Q4 EPS of 80-95c, vs. cons. $1.18, sales $4.6-$4.9B, vs. $5.12B

LOL Zynga $ZNGA said to price 100 million shares at $10/share...gonna be worth more than RIMM

LOL down to $9.50 now. Some analyst gave it a $13 price target calling it the cure of boredom.

Geoc 12-16-2011 12:42 PM

RIM = hory shiet

rb 12-16-2011 03:33 PM

anyone holding CLL in their portfolio?

jasonturbo 12-17-2011 04:05 PM

Quote:

Originally Posted by rb (Post 7728804)
anyone holding CLL in their portfolio?

62,500 shares

The big joke around the office the last couple weeks was my theory on a "zero diversity" portfolio... then CLL jumped hahaha. (My "zero diversity portfolio" is being purely invested in companys whos core assets is oil sands related.)

Lots of good laughs were had... mostly me laughing at everyone that didnt buy :( lol

If CLL is bought out, the instant the news release comes and the price jumps up, I will sell and dump half that money into PXX.. thats the plan for now anyway.

shawnly1000 12-17-2011 04:15 PM

You're with a firm/prop ?

jasonturbo 12-17-2011 06:43 PM

Quote:

Originally Posted by shawnly1000 (Post 7729729)
You're with a firm/prop ?

Dear God no.

The office I work in is full of novice investors, and we typically have too much time on our hands during trading hours... so much of the conversation falls to investing.

I am just glorified rig pig...

blkgsr 12-18-2011 10:38 AM

anyone follow TKO (Taseko Mines)?

rb 12-18-2011 05:06 PM

Quote:

Originally Posted by jasonturbo (Post 7729724)
62,500 shares

The big joke around the office the last couple weeks was my theory on a "zero diversity" portfolio... then CLL jumped hahaha. (My "zero diversity portfolio" is being purely invested in companys whos core assets is oil sands related.)

Lots of good laughs were had... mostly me laughing at everyone that didnt buy :( lol

If CLL is bought out, the instant the news release comes and the price jumps up, I will sell and dump half that money into PXX.. thats the plan for now anyway.

heh not a bad strategy. Kicking myself pretty hard these days that I didn't buy in when it was around 0.35. Watched it tick all the way down from 1.10 and didn't know where it would hold.

TouringTeg 12-18-2011 05:52 PM

Also have 3200 shares of CLL. No where near the position jason has!

Buying @ 0.35 would have been very nice!

SiRV 12-20-2011 01:09 AM

felt like dropping another 5k on 500 shares of BAC @ 5.01 .. felt like it was a good bet, long or short term.. going to go short on this one though

Sky_High 12-20-2011 05:44 AM

Looking :fullofwin:

highfive 12-20-2011 07:57 AM

Quote:

Originally Posted by SiRV (Post 7732504)
felt like dropping another 5k on 500 shares of BAC @ 5.01 .. felt like it was a good bet, long or short term.. going to go short on this one though

I would wait if I were you. Some funds would have to sell BAC if they end up falling under $5. Buy BAC now if you think they've bottomed.


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