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02-06-2012, 06:11 PM
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#6601 | | I don't get it
Join Date: Mar 2008 Location: burnaby
Posts: 426
Thanked 59 Times in 41 Posts
Failed 40 Times in 9 Posts
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happens to everyone, just believe in yourself - you made the right decision and learn to stick to it.
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02-06-2012, 06:19 PM
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#6602 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
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Originally Posted by xpl0sive  wow CUU is a bitch. two days after i sell it at 1.30 it jumped to 1.50... that keeps happening to me, everytime i buy something, it seems to drop and everytime i sell something it seems to rise... maybe you guys should do the opposite of what i'm doing and you'll make money. lol | It's because your most likely making trades irrationally / emotionally
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02-06-2012, 06:57 PM
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#6603 | | My homepage has been set to RS
Join Date: Nov 2004 Location: Burnaby,BC
Posts: 2,053
Thanked 1,185 Times in 304 Posts
Failed 115 Times in 62 Posts
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yup you're right... i got tired of sitting on CUU for 6 months and decided to sell it at a loss.... could have sold it for a bit more.... live and learn
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02-06-2012, 07:28 PM
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#6604 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
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^ would have done the same, don't feel too shitty about it
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02-06-2012, 08:54 PM
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#6605 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
Thanked 1,941 Times in 765 Posts
Failed 532 Times in 202 Posts
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i'm not sure why you're all selling CUU, why did you buy in the first place? it sounds like a lot of you expect a short term jump and if that doesn't happen, the story must be broken
The Prefeasibility study is what we're all waiting for, and based on recent new releases, things look good - this is a huge copper deposit, the BC government is gungho about developing it, all the stars seem to be aligning - lets just wait it out, get the PFS, and then wait for a big name to bank roll it.
the only way i would have recently sold is if i were to have bought in the $0.9x range for a quick trade, as there was no doubt it had the potential to quickly move above $1.0x
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02-07-2012, 02:22 AM
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#6606 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
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don't make impulse trades.
set parameters before you enter, and follow those rules till the end.
remember, you're not trading.
you're trading your rules. let the rules trade.
if you break the rules, you're going to lose money... that is unless your rules suck. lol.
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02-07-2012, 09:22 AM
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#6607 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
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Bought 5000 shares of YNG.TO @ .40
Fuuu CLL lol Should have taken $1000 profit... now only up $100.
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02-07-2012, 09:39 AM
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#6608 | | I contribute to threads in the offtopic forum
Join Date: Feb 2008 Location: North Van
Posts: 2,849
Thanked 7,109 Times in 1,264 Posts
Failed 291 Times in 102 Posts
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Would be nice if CLL would just get taken out already... just a matter of time, I am now only holding 50k shares of CLL as I wanted to move some money around and diversify juuuuussst in the event the shareholders get "Goldman'd". It was the responsible thing to do, take some profit and diversify.
YNG, ROG, and PX are my favorite "risky" precious metals plays, holding 75K shares of YNG at .32 avg share price... let's hope it stays bullish... I'm expecting an easy double.. but thats just my opinion!
GLTA!!!! F U GREECE!
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
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02-07-2012, 09:40 AM
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#6609 | | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
Thanked 2,081 Times in 532 Posts
Failed 439 Times in 100 Posts
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has anyone had a look or heard of ECC?
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02-07-2012, 09:59 AM
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#6610 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,665
Thanked 760 Times in 383 Posts
Failed 150 Times in 49 Posts
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what's everyone's thoughts on solar tech?
look at OPL.
it's way down from when i had it last year at .7 and .97 (rode it up to 1.8 and never sold  )
sold back at even and now it's down to .23 might be a good long term hold?
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02-07-2012, 10:57 AM
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#6611 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
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Originally Posted by jasonturbo Would be nice if CLL would just get taken out already... just a matter of time, I am now only holding 50k shares of CLL as I wanted to move some money around and diversify juuuuussst in the event the shareholders get "Goldman'd". It was the responsible thing to do, take some profit and diversify.
YNG, ROG, and PX are my favorite "risky" precious metals plays, holding 75K shares of YNG at .32 avg share price... let's hope it stays bullish... I'm expecting an easy double.. but thats just my opinion!
GLTA!!!! F U GREECE! | Yep I took profits on CLL when it first started going up.. then bought back in again. 50k is a lot less position then you had before. I'm just sitting on 5000 shares.
YNG up 17.8% at the moment. Will check out your other gambles. Gotta love penny stocks.
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02-07-2012, 11:08 AM
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#6612 | | RS.net, where our google ads make absolutely no sense!
Join Date: Mar 2011 Location: Richmond
Posts: 916
Thanked 692 Times in 227 Posts
Failed 68 Times in 25 Posts
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hopped into CLL at .97 for 10000  , I hope you're right on this jasonturbo
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02-07-2012, 11:25 AM
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#6613 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
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YNG at .43 already Jason... damn...hahah
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02-07-2012, 11:32 AM
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#6614 | | Proud to be called a RS Regular!
Join Date: Mar 2011 Location: Vancouver
Posts: 108
Thanked 21 Times in 10 Posts
Failed 20 Times in 7 Posts
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URRE down to .89
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02-07-2012, 11:45 AM
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#6615 | | I contribute to threads in the offtopic forum
Join Date: Feb 2008 Location: North Van
Posts: 2,849
Thanked 7,109 Times in 1,264 Posts
Failed 291 Times in 102 Posts
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Yes I cut my position in CLL down by 50%, I am still considering buying back in during a bullish run up in price, that stock IMO is the #1 take out target of the oil sands, and will be bought for no less than 2$/share. I just believe that with GS involved and the recent management shift, the take out will be delayed to after the quarterly results.. but at the same time, I am still holding 50k shares just incase the offer comes through at an unexpected time.
Really, I just wanted to free up some funds and move them around as I saw opportunity elsewhere, ... as much as I would love to transfer another 50k over to my trading account for these other plays... You need to draw the line somewhere and keep your trading account (especially trading equities) within a certain percentage of your net worth or esle you could get severely burnt.
YNG having quite the run, aside from the dillution, which really only affected the longs, for people getting in now... I feel it's a pretty good buy.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
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02-07-2012, 01:05 PM
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#6616 | | 14 dolla balla aint got nothing on me!
Join Date: Nov 2008 Location: Hong Kong
Posts: 613
Thanked 38 Times in 25 Posts
Failed 3 Times in 3 Posts
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Hey jason do you have any other blogger sites you follow? I was just reading the post on yng that you posted earlier, and man that's a pretty good article and analysis. I'd like to find some more blogs or sites that give in depth analysis like that. Or anyone else follow any sites similar?? Posted via RS Mobile | |
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02-07-2012, 01:24 PM
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#6617 | | I contribute to threads in the offtopic forum
Join Date: Feb 2008 Location: North Van
Posts: 2,849
Thanked 7,109 Times in 1,264 Posts
Failed 291 Times in 102 Posts
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Originally Posted by bbbj Hey jason do you have any other blogger sites you follow? I was just reading the post on yng that you posted earlier, and man that's a pretty good article and analysis. I'd like to find some more blogs or sites that give in depth analysis like that. Or anyone else follow any sites similar?? Posted via RS Mobile | SOooooo YNG closes up 20.55%... up 32.5% since I bought yesterday morning. Pretty good deal, wish I would have dropped more coin in it... ROG also had a good day at +5.13%.
Sorry man but there isn't really many specific blogs I follow... read the BS boards on Agoracon or Stockhouse and try to find companies that stand out, check out the fundementals, then google as much as you can.. and read all news releases and financials...
Long ago I started investing after reading Garth Turners blog, Book and Weblog – Authored by Garth Turner — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate , it's about real estate in Canada for the most part, but really opened my eyes to investments... and I tend to agree with his views on housing.
There is a guy on stockhouse who I tend to follow for precious metals named "primed24" he has a blog site, his english isn't perfect but he does his DD.... and does yours for you in the process lol. About The Report « The Primed Report
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
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02-07-2012, 11:38 PM
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#6618 | | resident Oil Guru
Join Date: Mar 2005 Location: Vancouver
Posts: 7,716
Thanked 10,457 Times in 1,794 Posts
Failed 1,065 Times in 267 Posts
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Originally Posted by 4444 i'm not sure why you're all selling CUU, why did you buy in the first place? it sounds like a lot of you expect a short term jump and if that doesn't happen, the story must be broken
The Prefeasibility study is what we're all waiting for, and based on recent new releases, things look good - this is a huge copper deposit, the BC government is gungho about developing it, all the stars seem to be aligning - lets just wait it out, get the PFS, and then wait for a big name to bank roll it.
the only way i would have recently sold is if i were to have bought in the $0.9x range for a quick trade, as there was no doubt it had the potential to quickly move above $1.0x |
What do you think CUU's potential is? Posted via RS Mobile | |
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02-08-2012, 08:56 AM
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#6619 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
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I'm glad I got out of YNG.TO and took profits of 10% at end of dayTuesday. It's gone down 8% this morning.
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02-08-2012, 09:36 AM
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#6620 | | I contribute to threads in the offtopic forum
Join Date: Feb 2008 Location: North Van
Posts: 2,849
Thanked 7,109 Times in 1,264 Posts
Failed 291 Times in 102 Posts
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Originally Posted by AME_VIP I'm glad I got out of YNG.TO and took profits of 10% at end of dayTuesday. It's gone down 8% this morning. | It's profit taking scumbags like you that are destroying my net worth!!! LOL
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
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02-08-2012, 09:49 AM
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#6621 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
|  Don't hate the player!
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02-08-2012, 10:29 AM
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#6622 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
Thanked 1,941 Times in 765 Posts
Failed 532 Times in 202 Posts
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Originally Posted by jasonturbo SOooooo YNG closes up 20.55%... up 32.5% since I bought yesterday morning. Pretty good deal, wish I would have dropped more coin in it... ROG also had a good day at +5.13%.
Sorry man but there isn't really many specific blogs I follow... read the BS boards on Agoracon or Stockhouse and try to find companies that stand out, check out the fundementals, then google as much as you can.. and read all news releases and financials...
Long ago I started investing after reading Garth Turners blog, Book and Weblog – Authored by Garth Turner — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate , it's about real estate in Canada for the most part, but really opened my eyes to investments... and I tend to agree with his views on housing.
There is a guy on stockhouse who I tend to follow for precious metals named "primed24" he has a blog site, his english isn't perfect but he does his DD.... and does yours for you in the process lol. About The Report « The Primed Report | i read over the primed24 guy's stuff, seems like he knows what he's talking about, but i always worry about pump and dumps - happened with YNG, and maybe is happening with PCY - now, if you're a longer term investor, maybe both are good, and that's what his intentions are, but i hate the pump and dump game!
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02-08-2012, 10:32 AM
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#6623 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
Thanked 1,941 Times in 765 Posts
Failed 532 Times in 202 Posts
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Originally Posted by LiquidTurbo What do you think CUU's potential is? Posted via RS Mobile | well today's market cap is $0.5B at 1.4x
PFS will show fmv of $xxx but that's not a good use for valuation as they use extremely conservative numbers, i'd put the value well over $1B, based on what I know about similar mines in the region and the numbers coming from theirs
so personally, i'm seeing a valuation of $3+ for it as a base level, woudln't be surprised of a $4+ valuation, but time will tell
definitely a great deposit which the government is strongly interested in having developed (jobs + investment + tax income for them) and are doing a lot to faciliatate it
these are merely my opinions, which are worthless to anyone but me - but i invest for long term and buy based on underlying fundamentals
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02-08-2012, 11:13 AM
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#6624 | | My homepage has been set to RS
Join Date: Nov 2004 Location: Burnaby,BC
Posts: 2,053
Thanked 1,185 Times in 304 Posts
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hmm is $0.41 a good entry point into YNG? or am i late to the party?
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Fast, Reliable, Cheap
A car can be only 2 out of the 3.
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02-08-2012, 11:47 AM
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#6625 | | I contribute to threads in the offtopic forum
Join Date: Feb 2008 Location: North Van
Posts: 2,849
Thanked 7,109 Times in 1,264 Posts
Failed 291 Times in 102 Posts
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Originally Posted by xpl0sive hmm is $0.41 a good entry point into YNG? or am i late to the party? | I was hoping to unload something else and buy a few more shares of YNG.. but don't want to eat the 500$ loss on the other stock lol.. today I'm "that guy"
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
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