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. |
 | | 
02-08-2012, 01:45 PM
|
#6626 | | Old School RS
Join Date: May 2004 Location: Port Moody
Posts: 4,599
Thanked 4,045 Times in 1,233 Posts
Failed 129 Times in 79 Posts
| Quote:
Originally Posted by xpl0sive  hmm is $0.41 a good entry point into YNG? or am i late to the party? | I am going to take a position tomorrow morning live, around $0.40 hopefully, and have another standing offer at $0.35. I am expecting to hold this for a year or two so ultimately a $0.05 swing shouldn't be a make or break, but 10% is 10%...
Mark
__________________
I'm old now - boring street cars and sweet race cars. | 
|  | |
02-08-2012, 07:59 PM
|
#6627 | | 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
|
i'm thinking i'll pick some up tomorrow, i transferred $5k into my TFSA account and will buy YNG with it
__________________
Fast, Reliable, Cheap
A car can be only 2 out of the 3.
| |
| | |
02-09-2012, 06:04 AM
|
#6628 | | 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
|
Yesterday was not a very good day for my portfolio  lol
Frick!!! ROG halted again?? Two days in a row???
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life |
Last edited by jasonturbo; 02-09-2012 at 06:33 AM.
| |
| | |
02-09-2012, 06:29 AM
|
#6629 | | Banned By Establishment
Join Date: Jan 2003 Location: Coquitlam, BC
Posts: 9,521
Thanked 1,289 Times in 409 Posts
Failed 407 Times in 100 Posts
|
Well, sold off what I owned in CPT for a nice profit, and am in the process of purchasing just over 4k shares in CLL. I'll have 5k in shares when it's all said and done. Hope the buy out happens!! Posted via RS Mobile | |
| | |
02-09-2012, 08:11 AM
|
#6630 | | Old School RS
Join Date: May 2004 Location: Port Moody
Posts: 4,599
Thanked 4,045 Times in 1,233 Posts
Failed 129 Times in 79 Posts
|
So what's the plan for CLL if no buyout materializes? They appear to barely be making any money at all... quarterly results due tomorrow?
__________________
I'm old now - boring street cars and sweet race cars. | |
| | |
02-09-2012, 08:25 AM
|
#6631 | | Banned By Establishment
Join Date: Jan 2003 Location: Coquitlam, BC
Posts: 9,521
Thanked 1,289 Times in 409 Posts
Failed 407 Times in 100 Posts
|
No quarterlies are due in march. I'll hang on to it, if no buy out, new CEO and maybe a better direction. Posted via RS Mobile | |
| | |
02-09-2012, 08:27 AM
|
#6632 | | Old School RS
Join Date: May 2004 Location: Port Moody
Posts: 4,599
Thanked 4,045 Times in 1,233 Posts
Failed 129 Times in 79 Posts
|
Right, year end as well. Interesting to look at CLL vs YNG as I really don't have a lot of portfolio space for higher-risk opportunities... YNG appears a lot healthier long term bet but doesn't have the chance of a buyout anytime soon resulting in a overnight boost...
Mark
__________________
I'm old now - boring street cars and sweet race cars. | |
| | |
02-09-2012, 08:34 AM
|
#6633 | | 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
|
I hope you guys waited on CLL... I see it's down to .90
All of my holdings are down DG, BNS.TO, POT, CLL.TO
Last edited by TouringTeg; 02-09-2012 at 08:43 AM.
| |
| | |
02-09-2012, 09:16 AM
|
#6634 | | 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
|
I know the VIX is saying that things are not volatile.. but I am very concerned that there is a lot of vilatility coming
CLL takeout is the most likely scenario, and if not in the long term if oil stays up high enough they "should" have no problem turning a profit every quarter... depending on how they decide to finance the expansion at Algar.
I actually sold all of my CLL this morning at .91, the volume was telling me to hold but I felt like it would really be better for me to take my profits ... for now.
I am looking to buy back into CLL and unfortunately it looks as though I may have to buy back in higher (For the second time). CLL has some reserve estimates coming in from Twinning and Penhold, results from the final well tie in at Twinning, Financials, and approval for Algar expansions all due in the very near future.. these are the catalysts for the stock price to get moving again.. and then there is potential buy out offer(s).
Really for CLL I think they need to sell all of their non core assets (And it seems that may be what they are working towards), hang on to the oilsands and refinery, and hope the price of oil stays high..
Scary day for me... also no volume on YNG.. I think a lot of people are hanging out on the sidelines waiting for this damn Greek BS to get sorted out.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
02-09-2012, 09:17 AM
|
#6635 | | Banned By Establishment
Join Date: Jan 2003 Location: Coquitlam, BC
Posts: 9,521
Thanked 1,289 Times in 409 Posts
Failed 407 Times in 100 Posts
|
Haha I see that, lucky me.... Posted via RS Mobile | |
| | |
02-09-2012, 09:20 AM
|
#6636 | | My AFC gave me an ABS CEL code of LOL while at WOT!
Join Date: Sep 2011 Location: RevScene.net
Posts: 1,889
Thanked 1,284 Times in 420 Posts
Failed 238 Times in 105 Posts
|
AAPL....  better than buying gold at the moment  | |
| | |
02-09-2012, 09:22 AM
|
#6637 | | 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
|
Jason: You bought in low so it's understandable you want to take your profits out with there is a big 5% dip like that. I actually bought another 2k shares at .94 when I noticed upward movement. I am going to take partial profits this time if it moves up substantially.
| |
| | |
02-09-2012, 10:10 AM
|
#6638 | | 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
| Quote:
Originally Posted by Sky_High AAPL.... better than buying gold at the moment | AAPL is in its own asset class man...
By 2100, Apple will have over a trillion dollars in cash and the stock worth over 5 trillion!!!! lol
Anyone look into Salazar Resources? I looked into it after Lundin Mining invested $3 million into it. Salazar doesn't have much info in their website but they've proven high grades of copper and silver.
| |
| | |
02-09-2012, 10:31 AM
|
#6639 | | 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
|
I sold basically everything I own today... THE FEAR HAS ME!!!!
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
02-09-2012, 10:43 AM
|
#6640 | | Old School RS
Join Date: May 2004 Location: Port Moody
Posts: 4,599
Thanked 4,045 Times in 1,233 Posts
Failed 129 Times in 79 Posts
|
Why so scared?
__________________
I'm old now - boring street cars and sweet race cars. | |
| | |
02-09-2012, 10:54 AM
|
#6641 | | 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
| Quote:
Originally Posted by lowside67 Why so scared? | I dunno... maybe I just need a cup of coffee or something.
I should invest in a FERRARI!!!!
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
02-09-2012, 10:57 AM
|
#6642 | | 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
|
Are you high?
| |
| | |
02-09-2012, 11:53 AM
|
#6643 | | My AFC gave me an ABS CEL code of LOL while at WOT!
Join Date: Sep 2011 Location: RevScene.net
Posts: 1,889
Thanked 1,284 Times in 420 Posts
Failed 238 Times in 105 Posts
| Quote:
Originally Posted by highfive Are you high? | Sky high  | |
| | |
02-09-2012, 11:59 AM
|
#6644 | | RS.net, where our google ads make absolutely no sense!
Join Date: Jul 2004 Location: vancouver
Posts: 902
Thanked 200 Times in 44 Posts
Failed 28 Times in 9 Posts
|
For the penny stock guys, check out MDX. Up 500% Posted via RS Mobile | |
| | |
02-09-2012, 12:04 PM
|
#6645 | | 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
|
My portfolio is in rough shape right now, POT TRI and ELD not doing me too well right now. URRE is up to $1 which I'm not happy about at all!!!! Also looking into HRID
| |
| | |
02-09-2012, 01:35 PM
|
#6647 | | 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
|
A sign that True Religion jeans will soon follow the path of Rock and Republics
$TRLG Reports Q4 EPS $0.57 vs $0.71
True Religion $TRLG shares resume trade down 27%
| |
| | |
02-09-2012, 01:50 PM
|
#6648 | | 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
|
son of a bitch apple.. i'm liquidating all my shares in large cap stocks and putting them in apple. knew i should have done this 3 months ago fuck!!
| |
| | |
02-09-2012, 03:40 PM
|
#6649 | | Old School RS
Join Date: May 2004 Location: Port Moody
Posts: 4,599
Thanked 4,045 Times in 1,233 Posts
Failed 129 Times in 79 Posts
|
The real question is is it too late? 3.45% today alone and 8.5% this week already...
Mark
__________________
I'm old now - boring street cars and sweet race cars. | |
| | |
02-09-2012, 03:50 PM
|
#6650 | | 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
| Quote:
Originally Posted by jasonturbo I sold basically everything I own today... THE FEAR HAS ME!!!! | Smart man, u guys should follow lol i'm also in the process of liquidating everything by march
this should give u guys a good idea of whats coming http://www.marketwatch.com/investing/stock/viix | |
| | | |
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 01:17 AM.
|
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!
