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. | | |
03-19-2012, 05:54 AM
|
#7001 | 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
|
Apple News: Quote:
NEW YORK (MarketWatch) -- Apple Inc. said on Monday that it will initiate a quarterly dividend of $2.65 a share sometime in the fourth quarter of this year. The firm also said it will set a $10 billion share buyback that will begin on September 30. "We have used some of our cash to make great investments in our business through increased research and development, acquisitions, new retail store openings, strategic prepayments and capital expenditures in our supply chain, and building out our infrastructure. You'll see more of all of these in the future," said Tim Cook, Apple's CEO. "Even with these investments, we can maintain a war chest for strategic opportunities and have plenty of cash to run our business. So we are going to initiate a dividend and share repurchase program."
| Based on todays share price, thats a 1.8% dividend yield that doesn't start paying until the 4th quarter, additionally with the share buybacks that should drive the true yield % down... not sure how the market will react to this.
__________________ Quote:
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | |
| |
03-19-2012, 07:09 AM
|
#7002 | Wunder? Wonder?? Wander???
Join Date: Jul 2002 Location: Vancouver
Posts: 223
Thanked 2 Times in 2 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by will068 I use vertical spreads a bit.
As for iron condors and straddles, I'm not confident in my skills when buying and selling calls and puts simultaneously. I'm just playing around with that in my play money account =).
I try to avoid stocks now. For long term plays, I just buy leaps instead of stocks.
Any upcoming plays for you ? | I've been playing straddles with tech plays before their earnings and its been working well for me so far. I also like the financials. I have some April GS calls going into their Q1 earnings.
__________________
Boo
|
| |
03-19-2012, 08:31 AM
|
#7003 | 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
|
For anyone still holding it, CUU is halted. (@ $0.99)
... After taking a 20% nosedive this morning. Sounds like some bad info might have slipped out and IIROC took notice of the substantial drop and shut them down.
EDIT: My Scotia Mcleod is either screwed up or something is up with CLL, no volume for like 20 minutes and the leve 2 is all zeros.. god I hope the fucking company is sold already lol.
EDIT: NVM, just my trading account going all "blackberry" on me.
__________________ Quote:
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life |
Last edited by jasonturbo; 03-19-2012 at 09:08 AM.
|
| |
03-19-2012, 09:02 AM
|
#7004 | 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
|
CUU FS is delayed to summer 2012.
|
| |
03-19-2012, 09:07 AM
|
#7005 | 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 highfive CUU FS is delayed to summer 2012. | Elaborate?
Interesting enough, it looks at thought they have reversed all of this morning trades lol... tisk tisk tisk insiders.
__________________ Quote:
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life |
Last edited by jasonturbo; 03-19-2012 at 09:25 AM.
|
| |
03-19-2012, 10:08 AM
|
#7006 | 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
|
How do I get rich? Any tips? Posted via RS Mobile |
| |
03-19-2012, 10:14 AM
|
#7007 | 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 Iceman-19 How do I get rich? Any tips? Posted via RS Mobile | Rob a bank?
__________________ Quote:
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | |
| |
03-19-2012, 10:16 AM
|
#7008 | 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
| |
| |
03-19-2012, 11:08 AM
|
#7009 | 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 jasonturbo Elaborate?
Interesting enough, it looks at thought they have reversed all of this morning trades lol... tisk tisk tisk insiders. | From what I remembered from the news release.
An updated resource estimate that's going to include 2011 drilling that should push the grades higher. Plus trying to get the silver in there as well.
FS is delayed because of the lack of manpower Tetra Tech has to complete the most significant part of the mining plan. They say they are 6-8 weeks behind.
Expects FS to be in mid summer 2012 to be safe I assume?
Added Jim Gray to assist with the mining plan. I noticed that this guy has done with with Teck before. You can say it's one step closer to what Teck wants I suppose?
|
| |
03-19-2012, 11:09 AM
|
#7010 | 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 Iceman-19 | Are you in jail yet? need bail?
|
| |
03-19-2012, 11:21 AM
|
#7011 | 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
|
Nope, plan went to shit when I realized I am at work. Posted via RS Mobile |
| |
03-19-2012, 11:45 AM
|
#7012 | 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 Iceman-19 Nope, plan went to shit when I realized I am at work. Posted via RS Mobile | Maybe that's your calling into getting rich!
|
| |
03-19-2012, 12:27 PM
|
#7013 | 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 no the money I make here is out into the stock market which will get me rich! With your guys help... Posted via RS Mobile |
| |
03-20-2012, 01:10 AM
|
#7014 | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
Failed 11 Times in 6 Posts
|
Ouch for cuu..
is mining in northern BC difficult?
The company I worked for tried to truck something to Alaska, but we found that the best way was to deliver to Seattle then boat it to Alaska.
In the summer, it's easier to go through Alberta.
Is northern BC that inaccessible?
|
| |
03-20-2012, 06:49 AM
|
#7015 | 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 just put In an order for 3525 shares in HBK for a limit price of 0.075/share. Hope it goes through! This company is supposed to take off! Posted via RS Mobile |
| |
03-20-2012, 06:50 AM
|
#7016 | Old School RS
Join Date: May 2004 Location: Port Moody
Posts: 4,598
Thanked 4,045 Times in 1,233 Posts
Failed 129 Times in 79 Posts
|
What turned you on to HBK?
__________________ I'm old now - boring street cars and sweet race cars. |
| |
03-20-2012, 06:57 AM
|
#7017 | 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 What turned you on to HBK? | Vector Vest?
__________________ Quote:
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | |
| |
03-20-2012, 07:02 AM
|
#7018 | 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
|
Article I read on the primed report. What's Vector Vest Jason? Posted via RS Mobile |
| |
03-20-2012, 07:22 AM
|
#7019 | 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 Iceman-19 What's Vector Vest Jason? | A company with a very large advertising budget lol It's a trading platform, and they have commercials on BNN every 3 minutes... they did cheap out on the actors though by hiring some little pre-pubescent ginger from Ontario as the star.
__________________ Quote:
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | |
| |
03-20-2012, 07:27 AM
|
#7020 | 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
|
Hahaha, haven't seen it. I only catch BNN when I'm flying to and from! Posted via RS Mobile |
| |
03-20-2012, 11:30 AM
|
#7021 | 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
|
Is it just me or is the market boring today? Posted via RS Mobile |
| |
03-20-2012, 12:46 PM
|
#7022 | My homepage has been set to RS
Join Date: Dec 2006 Location: somewhere in bc
Posts: 2,125
Thanked 825 Times in 330 Posts
Failed 263 Times in 78 Posts
|
^Bought some NZ this morning when it was at 3.06, its at 3.29 now. So not bad.
|
| |
03-20-2012, 01:21 PM
|
#7023 | 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
|
Looks like my order of HBK went through at 0.075! Current price is 0.076. Gotta love discounts, lol. Posted via RS Mobile |
| |
03-20-2012, 02:06 PM
|
#7024 | Old School RS
Join Date: May 2004 Location: Port Moody
Posts: 4,598
Thanked 4,045 Times in 1,233 Posts
Failed 129 Times in 79 Posts
| Quote:
Originally Posted by iwantaskyline ^Bought some NZ this morning when it was at 3.06, its at 3.29 now. So not bad. | I want to kick myself in the balls, I had an order at $3.01 for 2000 shares, basically every bit of cash I had left and I missed it, it was at $3.03 when I set the order and it never got back down there. ARRGH!!
Mark
__________________ I'm old now - boring street cars and sweet race cars. |
| |
03-20-2012, 02:26 PM
|
#7025 | 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
|
If a market cap of a stock is say, 2 million, a fair value stock price should be around .20 a share correct? Or am I way off base? Posted via RS Mobile |
| | | |
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 04:11 PM. |