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The Business and Financial ForumTHIS 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.
IMO, RIMM can be a comeback story. I'm not a techy but from what I know about RIMM is their product remains appealing to businesses and governments.
Their network is probably one of the best and most secure in the world. If they continue this path of providing this type of service, they are sort of in the market where Cisco and IBM trying to be in.
With the move to cloud computing or this type of secure communication service, RIMM can be a good fit.
I was on a telecon this afternoon with Turner & Tomenson (Formerly of Wellington West, now with National Bank Financial), and other than saying they thought there was a 40-60% chance of a 2-3% near term contraction, that they had a bullish outlook on equities for the remainder of 2012 based on current economic indicators.
Other highlights:
-European debt crisis will/has been contained
-Commodities to remain strong
-Canadian housing market is a concern
They also made a point to mention that it is an election year, and most analysts would consider Obama being re-elected as a positive event for the American economy, and on the flip side there is some concern with the spending cuts that may take place if the Republican party was to take the oval office.
Sounded good to me
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Originally Posted by jasonturbo
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LIQ and JE has done some amazing things for me in the last two quarters.
I moved all my RRSPs/DC Pensions from my employer plan to iTrade and I basically went 50/50 on the two stocks.
Anyone else focuses on high-yield dividend stocks?
I can't believe how flat CLL has been for the past week and then boom, all this activity today. I'm into YNG for a pretty good chunk of the portfolio and not really watching the price much in the short term, it's also pretty flat despite some big volumes. I like New Zealand Energy (V.NZ) in the preliminary stages and am doing some number crunching based on some outcomes of their drilling.
Mark
__________________ I'm old now - boring street cars and sweet race cars.
Nice! I forgot about checking my stocks today, CLL is up into full positive for me now! Waiting for the drop below a buck tomorrow, haha. Considering selling 1k worth to purchase YNG, think Ill wait though.
anyone bought into social networking stocks?
made a decent chunk off bvsn when it made its run
still undervalued imho
apparantly its gonna make another run right up till facebook's ipo
missed the sell though when it hit over 40 bux
who else trades options on this forum?
I like New Zealand Energy (V.NZ) in the preliminary stages and am doing some number crunching based on some outcomes of their drilling.
Wish I had had more confidence in my hunch... opened yesterday at $2.13, I put an order to buy at $2.14 when it was up to $2.16 banking that it would come back down through the day... never ended up getting any and at the end of today, closed at $2.60!
Mark
__________________ I'm old now - boring street cars and sweet race cars.
^ in october i had a job interview and the lady told me about this stock...at the time it was trading below $1..she told me she was gonna dump a boat load in...
PBH? I bought that stock about 2 years ago after a recommendation in the annual RRSP magazine my wife buys every year. I bought 1000 shares for about $13/share. Now it's worth $17.24/share, and I've gotten over 100 shares back in dividend reinvestment (~7% dividend right now I think).