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. |
 | | 
03-13-2012, 10:25 AM
|
#6951 | | 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 Sky_High  | It's cause I spent 400$ at the apple store yesterday!
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | 
|  | |
03-13-2012, 11:34 AM
|
#6952 | | 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
|
That would give Apple a $800 billion company.
Just think of the possibilities! I think they will fuck the competing and merge their business with Google's search business.
Buy out an entire country somewhere. Create their own manufacturing of their products. Create an army of their own. Every iphone, ipad, iwhatever, and google search would allow them to be the biggest spy agency in the world.
You then see a cryogenically frozen Steve Jobs come back to life. He is now a cyborg made out of iLIMPS.
| |
| | |
03-13-2012, 11:44 AM
|
#6953 | | 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
|
Fuuuuuu left 2Gs of potential profit on the table this morning
| |
| | |
03-13-2012, 12:20 PM
|
#6954 | | 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
|
Hope nobody is shorting financials. JPM gave them a big pop. They up their dividends and $3 billion buy back.
| |
| | |
03-13-2012, 12:30 PM
|
#6955 | | 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
|
Had AAPL Mar 565 calls at 1.50 yesterday, sold them at 2.40 today, now they're at 6+...... 
They're now 7+ ahhhhhhhhh!!!!
End rant
Last edited by shawnly1000; 03-13-2012 at 12:46 PM.
| |
| | |
03-13-2012, 12:39 PM
|
#6956 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
|
^OUCH!
| |
| | |
03-13-2012, 01:02 PM
|
#6957 | | 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
| Quote:
Originally Posted by highfive Hope nobody is shorting financials. JPM gave them a big pop. They up their dividends and $3 billion buy back. | That explains by FAZ is down 10% today. Hope no one was holding FAZ today!
| |
| | |
03-13-2012, 01:02 PM
|
#6958 | | 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
|
GREEEEEEEEEEN
| |
| | |
03-13-2012, 02:03 PM
|
#6959 | | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,814
Thanked 2,901 Times in 1,248 Posts
Failed 627 Times in 199 Posts
| Quote:
Originally Posted by jasonturbo One thing I do notice right away is that wouldn't oracle and Kronos require you have your own server? They don't seem to provide any type of cloud..? I also know from experience at work that JDE for instance is not the easiest program on earth to use. | Google "Oracle Cloud Services"... it's a highly advanced (one of the most complex in industry as a matter of fact) cloud services targeting corporations.
Back to the topic... IMHO, if they want to succeed in this industry... they have two ways:
1. Get a couple of TOP500 corporations as clients with large scale integration.
2. Get TONS of small companies (I mean as many as humanly possible) who can't afford the solution Oracle or Kronos offer.
That's the only chance they have to bring interest for a buyout.
__________________
Nothing for now
| |
| | |
03-13-2012, 08:14 PM
|
#6960 | | 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 Hehe Google "Oracle Cloud Services"... it's a highly advanced (one of the most complex in industry as a matter of fact) cloud services targeting corporations.
Back to the topic... IMHO, if they want to succeed in this industry... they have two ways:
1. Get a couple of TOP500 corporations as clients with large scale integration.
2. Get TONS of small companies (I mean as many as humanly possible) who can't afford the solution Oracle or Kronos offer.
That's the only chance they have to bring interest for a buyout. | Time will tell sir 
The target customer at this time is not large caps, they are primarily trying to gain market share one client at a time mostly in the retail sales and fast food industries. So far this approach has worked well, espcially considering they have basically relied solely on SEO.
Again, the numbers to date suggest they would see continued growth even without building an outside sales team... and they are in the black every month by a very large margin, the overhead is minimal.
I'm defending them, and that's partially based on the fact that in my personal career, I think I have come to realize that a lot of business owners, small business owners in particular, are not aware a solution like this exists.
But they still don't have my money, and this is all good information for me to be able to ask the questions I need to.. without a doubt, I'm no HR specialist, so this industry and the function of the product are not something I am intimately familiar with.
ON A SIDE NOTE!!!
CLL financials are due right away, after the bell thursday I believe. EDIT: It's actually the Friday 16th after the bell.
I predicted 2011 Q4 that they would post a positive EPS... let's see if I was right :s lol.
Could be a very very volatile day one way or the other.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life |
Last edited by jasonturbo; 03-13-2012 at 08:28 PM.
| |
| | |
03-14-2012, 02:32 AM
|
#6961 | | My homepage has been set to RS
Join Date: Jan 2004 Location: Van
Posts: 2,050
Thanked 192 Times in 118 Posts
Failed 49 Times in 32 Posts
|
I think it's generally known in IT that Cloud Computing is a paradigm shift for small businesses. Services that were previously unaffordable and/or required high overhead to maintain can be sourced onto the cloud cheaply and simply.
This gives a quick and dirty overview of the +/- . Cloud Computing for Small Businesses | Small Business BC
Of course, your friend knows this first hand because he's hosting his service with infrastructure from a cloud provider also, with scalable overhead to boot.
In addition to speaking to HR, also talk to IT because this falls under their domain, assuming any of these small biz guys even have IT. I'm surprised they have so little competition (if what you listed is correct) because, as previously mentioned, this isn't overly difficult software to develop from a technical point of view. It would be interesting to see what their strategy is and where they see themselves fitting into the marketplace.
| |
| | |
03-14-2012, 10:35 AM
|
#6962 | | 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
|
Yah I saw they moved CLL financials to Friday. It's too bad because we have to wait until Monday for market reaction.
YNG down 5.41% to .35
| |
| | |
03-14-2012, 10:47 AM
|
#6963 | | 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 AME_VIP Yah I saw they moved CLL financials to Friday. It's too bad because we have to wait until Monday for market reaction.
YNG down 5.41% to .35 | I don't know if that's a good thing... I always thought that news on Friday evening was bad news that they wanted people to think about over the weekend so they don't immediately murder the share price. Then there's another conference scheduled for Monday AM @ 7am before market open...
It could be the buyout announcement but I think it reeks of something worse than that, it appears the market would agree with me, CLL down to almost $1.00! 
YNG is down with the big softening in the price of gold, pretty much every gold stock on my watch list is down 4-6%. I emailed investor relations and in case anybody is wondering, YNG will release their next set of financials on April 2.
Mark
__________________
I'm old now - boring street cars and sweet race cars.
Last edited by lowside67; 03-14-2012 at 10:57 AM.
| |
| | |
03-14-2012, 11:18 AM
|
#6964 | | 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
|
The approaching cll earnings release has me breathing through a paper bag. The market doesn't seem so optimistic about it Posted via RS Mobile | |
| | |
03-14-2012, 12:45 PM
|
#6965 | | 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 Geoc The approaching cll earnings release has me breathing through a paper bag. The market doesn't seem so optimistic about it Posted via RS Mobile | LOL..
I think that the there is people on the CLL buyout bandwagon who don't like the risk of what the financials may bring... I kinda expected a bit of a dip before financials.
I also think the financials will be positive, at least when compared to the previous 3 years.
Trouble for CLL is even with a positive EPS of say .01+ for the 4th quarter of 2011 (Which should be indicative for 2012 performance), they have not yet offered any indication as to how they would proceed with financing the construction of the next phase.. which should be CLL's #1 priority... Producing Oilsands lease land is worth umpteen times what the undeveloped land is worth.
Even with a price tag of 400-650 million dollars for the expansion, the increased cash flows from production would be a game changer for CLL, if they can find the right way to finance the expansion... it will be good times for the longs...
Though I still can't see any other way but a buyout, and anything less than 2$ would be robbery.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
03-14-2012, 01:53 PM
|
#6966 | | Rs has made me the man i am today!
Join Date: May 2002 Location: van
Posts: 3,412
Thanked 494 Times in 214 Posts
Failed 46 Times in 23 Posts
| Quote:
Originally Posted by shawnly1000 Had AAPL Mar 565 calls at 1.50 yesterday, sold them at 2.40 today, now they're at 6+......
They're now 7+ ahhhhhhhhh!!!!
End rant |
That's a 60% gain. You should be 
I bought the May 565 calls at $30 today and sold at $44 today. My exit point was $580 (for AAPL) or 2nd week of April (based on my own trend analysis). I'm happy with my 45 percent gain in one day. Easy $14K for me.
| |
| | |
03-14-2012, 02:00 PM
|
#6967 | | Rs has made me the man i am today!
Join Date: May 2002 Location: van
Posts: 3,412
Thanked 494 Times in 214 Posts
Failed 46 Times in 23 Posts
| Quote:
Originally Posted by shawnly1000 Had AAPL Mar 565 calls at 1.50 yesterday, sold them at 2.40 today, now they're at 6+......
They're now 7+ ahhhhhhhhh!!!!
End rant | That's a balls of steel play you did though.
I don't have the guts to play an option that expires in a few days ( this Saturday).
I hate to rub it on you but for your March AAPL 565 calls today:
Last: 25.30 Chg: +18.08 (+250.17%)  | |
| | |
03-14-2012, 02:42 PM
|
#6968 | | 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
|
I'm looking forward to the CLL news. I'd love for the price to soar so I can re-fund other stocks! Lol Posted via RS Mobile | |
| | |
03-14-2012, 02:53 PM
|
#6969 | | 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 Iceman-19 I'm looking forward to the CLL news. I'd love for the price to soar so I can re-fund other stocks! Lol Posted via RS Mobile | You win the "most hopeful mofo alive" award... I have 4000 shares at $1.08 that you are welcome to buy...  Here's to hoping for the best.
Mark
__________________
I'm old now - boring street cars and sweet race cars. | |
| | |
03-14-2012, 03:00 PM
|
#6970 | | RS.net, where our google ads make absolutely no sense!
Join Date: Mar 2011 Location: Richmond
Posts: 916
Thanked 692 Times in 227 Posts
Failed 68 Times in 25 Posts
| Quote:
Originally Posted by jasonturbo LOL..
I think that the there is people on the CLL buyout bandwagon who don't like the risk of what the financials may bring... I kinda expected a bit of a dip before financials.
I also think the financials will be positive, at least when compared to the previous 3 years.
Trouble for CLL is even with a positive EPS of say .01+ for the 4th quarter of 2011 (Which should be indicative for 2012 performance), they have not yet offered any indication as to how they would proceed with financing the construction of the next phase.. which should be CLL's #1 priority... Producing Oilsands lease land is worth umpteen times what the undeveloped land is worth.
Even with a price tag of 400-650 million dollars for the expansion, the increased cash flows from production would be a game changer for CLL, if they can find the right way to finance the expansion... it will be good times for the longs...
Though I still can't see any other way but a buyout, and anything less than 2$ would be robbery. | They did pull of out their JV when the market prices for bitumen and oil starting going up, and they already dumped a lot of NPA to free up their equity, so they should have something in mind buyout or not. Reading the preliminary from January, it certainly sounds like they did better than Q3 2011. Remember, they still have the GS strategic review. But the sudden shift of the earnings release date had me a little spooked.
Long term signals still points to buyout, but this sudden change kinda threw everyone off.
Last edited by Geoc; 03-14-2012 at 03:13 PM.
| |
| | |
03-14-2012, 03:47 PM
|
#6971 | | 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 Geoc They did pull of out their JV when the market prices for bitumen and oil starting going up, and they already dumped a lot of NPA to free up their equity, so they should have something in mind buyout or not. Reading the preliminary from January, it certainly sounds like they did better than Q3 2011. Remember, they still have the GS strategic review. But the sudden shift of the earnings release date had me a little spooked.
Long term signals still points to buyout, but this sudden change kinda threw everyone off. | I think they would be wise to lose the remaining NPA's, and to be honest I'm pretty sure they are only holding penhold/twinning long enough to get the best valuation possible for these assets before they put them up for sale. Other conventional producers in the area are more suited to developing these resources with lower overheads, and will be happy to pick the assets up for a fair price.
The shift from thursday to friday... well... to me it doesn't mean much, I feel as though the writing is already on the wall for these financials... but we shall see.
Goldman Sachs got some negative press today lol Not sure if anyone caught that little outburst.
EDIT: Not sure if anyone noticed, but in the last couple hours CLL has removed the activities for the 19th of March and now only list the 16th for the Earnings Results and has the activity as "all day"...
Odd.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life |
Last edited by jasonturbo; 03-14-2012 at 03:54 PM.
| |
| | |
03-14-2012, 04:49 PM
|
#6972 | | 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
| Quote:
Originally Posted by will068 That's a balls of steel play you did though.
I don't have the guts to play an option that expires in a few days ( this Saturday).
I hate to rub it on you but for your March AAPL 565 calls today:
Last: 25.30 Chg: +18.08 (+250.17%) | Dudeeee they hit 30 Posted via RS Mobile | |
| | |
03-14-2012, 04:51 PM
|
#6973 | | 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
| Quote:
Originally Posted by will068 That's a 60% gain. You should be
I bought the May 565 calls at $30 today and sold at $44 today. My exit point was $580 (for AAPL) or 2nd week of April (based on my own trend analysis). I'm happy with my 45 percent gain in one day. Easy $14K for me. | You play with big money eh, 10 calls, 30,000 invested. Posted via RS Mobile
Last edited by shawnly1000; 03-14-2012 at 05:54 PM.
| |
| | |
03-14-2012, 05:59 PM
|
#6974 | | 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
| Quote:
Originally Posted by lowside67 You win the "most hopeful mofo alive" award... I have 4000 shares at $1.08 that you are welcome to buy... Here's to hoping for the best.
Mark | You got in late! I have 5565 shares at an avg around 1.00. Posted via RS Mobile | |
| | |
03-14-2012, 06:09 PM
|
#6975 | | Rs has made me the man i am today!
Join Date: May 2002 Location: van
Posts: 3,412
Thanked 494 Times in 214 Posts
Failed 46 Times in 23 Posts
| Quote:
Originally Posted by shawnly1000 | You made 60%. Be happy. LOL.
Just curious, what was your reason why you entered on Monday ? Before the stress test, the market looked sideways. Even Apple looked like it would hover 545-50ish; and with a March Option. Balls of steel my dude. Great trade regardless.
| |
| | | |
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 06:18 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!
