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02-24-2012, 04:05 PM
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#6776 | | Banned By Establishment
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Can't remember what my average is, but it's below 1.00. Just under 5k shares. Let's go buy out!! Posted via RS Mobile | 
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02-24-2012, 07:09 PM
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#6777 | | I contribute to threads in the offtopic forum
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Well, I would have to assume this was a good week for most!
Shame it's not October anymore, there was so many bargains to be had! It really looks to me as though 2012 is going to be a very good year for equities, I think it's gotten to the point that any intervention required to prevent major default of Greece or the other high risk countries will take place as required.
For me, I'm a commodity kinda guy, and I see long oil, long uranium, long pot in 2012.
Gold I have mixed feelings, but I have to believe that the current price of gold is the new "norm", I'm not a fan of Gold but when you go back 50 years and compare the price of gold to inflation and the price of other commodities, it's not such a farfetched idea that gold can stay at these prices with relative ease.
Unless you get very lucky, I think it's going to be hard to find those "low-med" risk with potentially high return equities. I'm sticking to my guns with YNG, and if CLL gets bought out in a timely fashion I will likely be putting some of those funds towards increasing my position on YNG.
With Uranium, URRE can be a great stock if you get in below .90 as it constantly cycles between .80-1.20, so if daytraing is your deal you can play it like that, I wouldn't take a long position in the stock until they are either back in, or close to being in production once again. The risks of trying to jump into URRE at the right time is that Cameco may likley make an attempt to buy URRE before they get back into production.. IMO anyway. There is a huge potential upside to URRE... look at the history.
I'm a big fan of domestic production, political instability in some of these emerging nations freaks me out.. UUU for instance I tend to shy away from due to the potential for political issues.
I usually only focus on 10-15 companies at any given time, any more diversity than this and I feel it's hard to really stay on top of them lol...
Natural Gas is going to go back up one day, once we see NG start to creep up I will be taking a position in DVN (Devon Energy), TLM (Talisman), BNP (Bonavista), or possibly BIR (Birchcliff Energy) as these companies become extremely profitable very quickly with an increase in the price of NG .. but that could be 1-5 years down the road. ( I would think maybe 18 months before NG starts to come back up,.. slowly)
Just to say one more thing, I think the oilsands companies will see great financials this year because of the price of NG, whether it's strip mining and froth seperation, or SAGD, both of these extraction methods burn an insane amount of gas!!!!!! So when the gas bill gets cut in half, it makes a hugh impact on the bottom line.
Well there are some ramblings for the week...
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02-24-2012, 07:30 PM
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#6778 | | My homepage has been set to RS
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Where do you guys think YNG will be at in two quarters?
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02-24-2012, 07:57 PM
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#6779 | | I contribute to threads in the offtopic forum
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Originally Posted by iwantaskyline  Where do you guys think YNG will be at in two quarters? | Well i posted a link not long ago that detailed the economics of yng, i think based on those figures, low price of ng, strong gold prices, recent drill results that were very good, ceasing to purchase third party ore, and a roaster that should be running at 100% ... im hoping that speculation alone might produce a double within 3 months, if the financials are strong i think its possible that it could end up in the 1.25-1.50 range. Imo these are conservative estimates, yng is oversold, the rough patch they have had the last two years has really hurt sentiment, and thats reflected in a share price that is well below NAV imo... Which is why i believe its a good stock to take a long position! I'm gonna go out on a limb and say that i believe they may see an EPS of around .15, based on an avg price to produce of 750/oz, and gold prices at 1750/oz... Based on their estimated 150k/oz production in 2012... I really think the production numbers and cost to produce are realistic basd on the historic numbers for the company. Posted via RS Mobile | |
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02-25-2012, 04:39 AM
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#6780 | | Banned By Establishment
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Grr I hate weekends now! Posted via RS Mobile | |
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02-25-2012, 05:06 AM
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#6781 | | I contribute to threads in the offtopic forum
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Originally Posted by Iceman-19 Grr I hate weekends now! Posted via RS Mobile | Tell me about it, the only thing I hate more than weekends is.. long weekends!!!!
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Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
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02-25-2012, 10:35 AM
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#6782 | | My homepage has been set to RS
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monday... y u no here yet?? .png "Y U NO...?") | |
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02-25-2012, 04:23 PM
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#6783 | | Banned By Establishment
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They need to weekend trade, I need my fix! Posted via RS Mobile | |
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02-25-2012, 06:07 PM
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#6784 | | My AFC gave me an ABS CEL code of LOL while at WOT!
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Originally Posted by Iceman-19 They need to weekend trade, I need my fix! Posted via RS Mobile | It's call....the casino  | |
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02-25-2012, 09:32 PM
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#6785 | | Old School RS
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An interesting and informative tutorial about chokes in regard to NZ from Kevin Graham not to be missed: Choke
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02-25-2012, 10:44 PM
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#6786 | | Banned By Establishment
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Originally Posted by Sky_High It's call....the casino | No can do when I am at work. Got some Omaha games lined up when I get home! Posted via RS Mobile | |
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02-27-2012, 05:21 AM
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#6787 | | My AFC gave me an ABS CEL code of LOL while at WOT!
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NZ bidding for $3.30  too bad I don't have the liquid cash....
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02-27-2012, 05:31 AM
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#6788 | | I contribute to threads in the offtopic forum
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Keep an eye on T.INT today, it's currently halted and has been since Friday AM.
Somebody told me to buy this a few weeks ago but gave no explanation as to why!!! Wish I would have listened. (Assuming the use of "Ortsbo" by Synchromedia turns out to be as positive as it sounds... unless that news is unrelated to INT halt)
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Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life |
Last edited by jasonturbo; 02-27-2012 at 05:57 AM.
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02-27-2012, 06:01 AM
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#6789 | | Banned By Establishment
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Hmm, must be a big annoucement. Lucky for me Im on night shift so by the time I wake up the trading day is essentially over.
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02-27-2012, 06:29 AM
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#6790 | | Rs has made me the man i am today!
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you'd still buy into NZ at this price point? Quote:
Originally Posted by Sky_High NZ bidding for $3.30 too bad I don't have the liquid cash.... | | |
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02-27-2012, 06:50 AM
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#6791 | | My homepage has been set to RS
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bvsn making great gains to start the week  | |
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02-27-2012, 07:37 AM
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#6792 | | Old School RS
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Originally Posted by waddy41 you'd still buy into NZ at this price point? | I think it probably depends on your timeframe. If you are hoping to actively trade the stock, it is probably a bit high to buy in, there hasn't really been any sort of retracement in awhile. If you're going to hold it for awhile, the $0.20 - $0.30 premium probably isn't too big of a deal.
Mark
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I'm old now - boring street cars and sweet race cars. | |
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02-27-2012, 10:58 AM
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#6793 | | I contribute to threads in the offtopic forum
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Nothing stop Apple eh? $526 today....Almost a $500 billion dollar company.
Their annual earnings is what...$40 billion aprox.. That's like 10 x the revenue of Facebook. lol
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02-27-2012, 11:44 PM
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#6794 | | My homepage has been set to RS
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ugh my sell orders didnt fill at 1.68 for peix
got killed in big drop after hours @ 1.29  | |
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02-27-2012, 11:50 PM
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#6795 | | I *heart* Revscene.net very Muchie
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Limit buy orders in cmooonnnn legggoooo
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02-28-2012, 08:51 AM
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#6796 | | My homepage has been set to RS
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AAPL; buy the rumour sell the news
Quad-Core iPad 3 with 4G LTE to be unveiled in New York next week https://twitter.com/#!/CNBC/status/174522294549479424 | |
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02-28-2012, 09:46 AM
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#6797 | | My homepage has been set to RS
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looks like silver is going on a bullish run
saw a bunch of call contracts in the high 8 figures set for june 2012
its about time 
Last edited by Synarchist; 02-28-2012 at 09:55 AM.
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02-28-2012, 09:51 AM
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#6798 | | Rider
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thank you PIT =]
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02-28-2012, 09:59 AM
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#6799 | | My homepage has been set to RS
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btw thanks guys for the heads up on nz
its up 15% since i bought in
woot woot!
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