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04-13-2012, 05:34 AM
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#7251 | | Old School RS
Join Date: May 2004 Location: Port Moody
Posts: 4,585
Thanked 4,026 Times in 1,225 Posts
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Alright, I pulled the plug on CLL today. I am hopeful that you guys that are being patient are rewarded but I am tired of looking at this loser and would like to put that money to work!
Mark
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I'm old now - boring street cars and sweet race cars. | 
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04-13-2012, 08:11 AM
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#7252 | | 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
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Originally Posted by lowside67  Alright, I pulled the plug on CLL today. I am hopeful that you guys that are being patient are rewarded but I am tired of looking at this loser and would like to put that money to work!
Mark | Just cause of this post, CLL will be sold monday lol Just watch, Murphys Law!!!
Don't know if any of you remember, but I posted a while back about getting in on a private placement, going for it, 50k buy in. I will own 1/66th (Based on a valuation of 3.3M) of the company.. though that will likely end up being diluted to some extent or another sooner or later I would think. Wish me luck lol.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
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04-13-2012, 10:04 AM
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#7253 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,941
Thanked 1,121 Times in 531 Posts
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PP for what company?
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04-13-2012, 10:08 AM
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#7254 | | Old School RS
Join Date: May 2004 Location: Port Moody
Posts: 4,585
Thanked 4,026 Times in 1,225 Posts
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Originally Posted by jasonturbo Just cause of this post, CLL will be sold monday lol Just watch, Murphys Law!!! | If so, it's because of my publicly selling, and you guys all owe me 
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I'm old now - boring street cars and sweet race cars. | |
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04-13-2012, 11:10 AM
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#7255 | | 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
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Originally Posted by lowside67 If so, it's because of my publicly selling, and you guys all owe me | LOL well I'm not holding it anymore so it won't do me any good!
PP is for Online Employee Scheduling Software | Workforce Management
1000 accounts and growing fast...
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
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04-13-2012, 12:08 PM
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#7256 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
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wtf happened in the last hour.
Hmmm not sure whether to buy more YNG as it continues to fall.
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04-13-2012, 12:12 PM
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#7257 | | Old School RS
Join Date: May 2004 Location: Port Moody
Posts: 4,585
Thanked 4,026 Times in 1,225 Posts
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YNG is sucking wind big time but that's as a result of the price of gold falling. As it falls further and further, the likelihood of it being economically viable to mine gold at YNG properties gets smaller and smaller. I'm not buying any more YNG but I am not freaking out either. I'm much happier to hold YNG in a negative situation than CLL, at least there's an upside for YNG!
Mark
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I'm old now - boring street cars and sweet race cars. | |
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04-16-2012, 09:13 AM
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#7258 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
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fawk.. from bad to worse on YNG. Going to be holding for a while.
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04-16-2012, 09:22 AM
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#7259 | | RS.net, where our google ads make absolutely no sense!
Join Date: Mar 2011 Location: Richmond
Posts: 916
Thanked 692 Times in 227 Posts
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Originally Posted by AME_VIP fawk.. from bad to worse on YNG. Going to be holding for a while. | lol, is there anything else you can do but hold right now? With the feds sitting around twiddling their thumbs while the economy is heading back downhill.
There's not much you can do but average down the price and wait it out.
If the company has good fundamentals and has a lot of growth potential, I will buy more in the coming months and give it time.
It's not just you who is in a long position, so is everyone else.
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04-16-2012, 09:36 AM
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#7260 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
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been selling off bits and pieces of my POT holdings in last couple months and sitting on a bit of cash.. maybe i'll toss it into YNG .. market cap of +$260 million looks more stable than the other ones that have been mentioned of ~$3 million  | |
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04-16-2012, 09:51 AM
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#7261 | | 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
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Common noobs, look at the volume on YNG, not the price.
Volume trader per day:
April 16: 114,006
April 13: 212,771
April 12: 677,751 (One single buying trade of 325k shares)
April 11: 274,763
April 10: 250,949
For an avg. trading volume of 306,048 shares per day over the last week.
Total number of outstanding YNG shares is 931,094,031.
This means that on average, only .0328% of outstanding shares are being traded each day... YNG was trading at 32.5 on April the 9th, so if you think a price drop of (32.5 to 28.5) roughly 12% is justified by this volume (Total volume over 5 days of 0.164% of outstanding shares).. well then you're clearly not made for trading cause holding is beyond your emotional abilities as an investor... the proof of this is the .164% of investors holding YNG who felt the need to dump it on the way down.
People are holding this stock for a reason, at least that would be my feelings in the matter.
The market has in fact developed rather thick skin as of late, volatility of price and volume are telling us two very different things.. don't get caught up on the dollars you see in your trading account, it's these people that will sell and miss out on the jump up.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
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04-16-2012, 12:05 PM
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#7263 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
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Originally Posted by highfive | David Baines is awesome. Vancouver is a hot spot for stock fraudsters (pump/dump).
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04-16-2012, 12:06 PM
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#7264 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
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Market funky today, AAPL and GOOG down relatively big
RIM $RIMM said to discuss hiring a bank to help weigh strategy options -Bloomberg
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04-16-2012, 02:50 PM
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#7265 | | I don't get it
Join Date: Oct 2010 Location: Vancouver
Posts: 433
Thanked 96 Times in 49 Posts
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Anyone know the best broker who can provide low entrance fee of account for margin and able to short pennies? So far questrade is the best deal i found. Anything else?
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04-16-2012, 03:10 PM
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#7266 | | I STILL don't get it
Join Date: Aug 2008 Location: Imaginationland
Posts: 494
Thanked 507 Times in 64 Posts
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I thought you cant do penny stocks with quest trade
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04-16-2012, 06:40 PM
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#7267 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
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04-17-2012, 06:35 AM
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#7268 | | 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
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Fuck you Scotia iTrade... they merged iTrade and Mcleod Direct and now it's all fucked up, I have placed orders, can't modify or cancel them, and they have been sitting with the status of "not aknowledged"... FUCKERS lol those are market orders!!!!
On a side note, they have seen fit to provide me with additonal buying power in the form of leverage.. I was surprised by this...
Edit: 3 hours later, scotia still all fucked up.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life |
Last edited by jasonturbo; 04-17-2012 at 08:30 AM.
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04-17-2012, 09:24 AM
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#7269 | | 14 dolla balla aint got nothing on me!
Join Date: Nov 2008 Location: Hong Kong
Posts: 613
Thanked 38 Times in 25 Posts
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Originally Posted by jasonturbo Fuck you Scotia iTrade... they merged iTrade and Mcleod Direct and now it's all fucked up, I have placed orders, can't modify or cancel them, and they have been sitting with the status of "not aknowledged"... FUCKERS lol those are market orders!!!!
On a side note, they have seen fit to provide me with additonal buying power in the form of leverage.. I was surprised by this...
Edit: 3 hours later, scotia still all fucked up. | Hmm I've still been logging in through the itrade website, and everything has been the same for me so far so maybe they haven't changed me over to the new system yet.. wait so are you still going through scotiaitrade website to login or a different site?
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04-17-2012, 09:41 AM
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#7270 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,941
Thanked 1,121 Times in 531 Posts
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Originally Posted by shawnly1000 | Damn...article is right. Apple up $25 4.3% today.
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04-17-2012, 11:03 AM
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#7271 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,556
Thanked 4,012 Times in 988 Posts
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Originally Posted by Stormspirit Anyone know the best broker who can provide low entrance fee of account for margin and able to short pennies? So far questrade is the best deal i found. Anything else? | IB is the best for shorting.
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04-17-2012, 11:28 AM
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#7272 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
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Apple go H.A.M again
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04-17-2012, 01:10 PM
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#7273 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,941
Thanked 1,121 Times in 531 Posts
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Warren Buffett diagnosed with State I prostate cancer. Hopefully everything is well with him.
Lets see how BRK does tomorrow.
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04-17-2012, 02:04 PM
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#7274 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
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Think it's a non-event, or should be (rationally speaking). He's already 81, there have already been talks of his successor, it's stage 1 only.
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04-17-2012, 05:42 PM
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#7275 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
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Originally Posted by jasonturbo Fuck you Scotia iTrade... they merged iTrade and Mcleod Direct and now it's all fucked up, I have placed orders, can't modify or cancel them, and they have been sitting with the status of "not aknowledged"... FUCKERS lol those are market orders!!!!
On a side note, they have seen fit to provide me with additonal buying power in the form of leverage.. I was surprised by this...
Edit: 3 hours later, scotia still all fucked up. | I understand your pain...
I hate it when the platform, through their glitches, prevents you from making timely decisions...
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