REVscene - Vancouver Automotive Forum


Welcome to the REVscene Automotive Forum forums.

Registration is Free!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!

If you have any problems with the registration process or your account login, please contact contact us.


Go Back   REVscene Automotive Forum > Vancouver LifeStyles (VLS) > The Business and Financial Forum

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.

Reply
 
Thread Tools
Old 04-13-2012, 06:34 AM   #7251
Old School RS
 
lowside67's Avatar
 
Join Date: May 2004
Location: Port Moody
Posts: 4,599
Thanked 4,045 Times in 1,233 Posts
Failed 129 Times in 79 Posts
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
Advertisement
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote
Old 04-13-2012, 09:11 AM   #7252
I contribute to threads in the offtopic forum
 
jasonturbo's Avatar
 
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 View Post
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
jasonturbo is offline   Reply With Quote
Old 04-13-2012, 11:04 AM   #7253
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
PP for what company?
highfive is offline   Reply With Quote
Old 04-13-2012, 11:08 AM   #7254
Old School RS
 
lowside67's Avatar
 
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 jasonturbo View Post
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
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote
Old 04-13-2012, 12:10 PM   #7255
I contribute to threads in the offtopic forum
 
jasonturbo's Avatar
 
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 View Post
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
jasonturbo is offline   Reply With Quote
Old 04-13-2012, 01:08 PM   #7256
RS Veteran
 
TouringTeg's Avatar
 
Join Date: Nov 2001
Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
wtf happened in the last hour.

Hmmm not sure whether to buy more YNG as it continues to fall.
TouringTeg is offline   Reply With Quote
Old 04-13-2012, 01:12 PM   #7257
Old School RS
 
lowside67's Avatar
 
Join Date: May 2004
Location: Port Moody
Posts: 4,599
Thanked 4,045 Times in 1,233 Posts
Failed 129 Times in 79 Posts
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
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote
Old 04-16-2012, 10:13 AM   #7258
RS Veteran
 
TouringTeg's Avatar
 
Join Date: Nov 2001
Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
fawk.. from bad to worse on YNG. Going to be holding for a while.
TouringTeg is offline   Reply With Quote
Old 04-16-2012, 10:22 AM   #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
Failed 68 Times in 25 Posts
Quote:
Originally Posted by AME_VIP View Post
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.
Geoc is offline   Reply With Quote
Old 04-16-2012, 10:36 AM   #7260
SiRVs up, dude
 
SiRV's Avatar
 
Join Date: Jan 2004
Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
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




__________________
My Feedback Rating
SiRV is offline   Reply With Quote
Old 04-16-2012, 10:51 AM   #7261
I contribute to threads in the offtopic forum
 
jasonturbo's Avatar
 
Join Date: Feb 2008
Location: North Van
Posts: 2,849
Thanked 7,109 Times in 1,264 Posts
Failed 291 Times in 102 Posts
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
jasonturbo is offline   Reply With Quote
This post thanked by:
Old 04-16-2012, 11:14 AM   #7262
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
America's hottest penny stock has links to controversial Osoyoos family

Did anyone read this in the Vancouver Sun over the weekend?

hahah SNPK:OTC is currently at $1.92...short it back to pennies? lol
highfive is offline   Reply With Quote
Old 04-16-2012, 01:05 PM   #7263
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 highfive View Post
America's hottest penny stock has links to controversial Osoyoos family

Did anyone read this in the Vancouver Sun over the weekend?

hahah SNPK:OTC is currently at $1.92...short it back to pennies? lol
David Baines is awesome. Vancouver is a hot spot for stock fraudsters (pump/dump).
shawnly1000 is offline   Reply With Quote
This post thanked by:
Old 04-16-2012, 01:06 PM   #7264
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
Market funky today, AAPL and GOOG down relatively big

RIM $RIMM said to discuss hiring a bank to help weigh strategy options -Bloomberg
shawnly1000 is offline   Reply With Quote
Old 04-16-2012, 03:50 PM   #7265
I don't get it
 
Stormspirit's Avatar
 
Join Date: Oct 2010
Location: Vancouver
Posts: 433
Thanked 96 Times in 49 Posts
Failed 198 Times in 44 Posts
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?
Stormspirit is offline   Reply With Quote
Old 04-16-2012, 04:10 PM   #7266
I STILL don't get it
 
Join Date: Aug 2008
Location: Imaginationland
Posts: 494
Thanked 507 Times in 64 Posts
Failed 71 Times in 8 Posts
I thought you cant do penny stocks with quest trade
bakasam is offline   Reply With Quote
Old 04-16-2012, 07:40 PM   #7267
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
Cool stats

Bespoke Investment Group - Think BIG - Apple 5-Day Losing Streaks
shawnly1000 is offline   Reply With Quote
Old 04-17-2012, 07:35 AM   #7268
I contribute to threads in the offtopic forum
 
jasonturbo's Avatar
 
Join Date: Feb 2008
Location: North Van
Posts: 2,849
Thanked 7,109 Times in 1,264 Posts
Failed 291 Times in 102 Posts
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 09:30 AM.
jasonturbo is offline   Reply With Quote
Old 04-17-2012, 10:24 AM   #7269
14 dolla balla aint got nothing on me!
 
Join Date: Nov 2008
Location: Hong Kong
Posts: 613
Thanked 38 Times in 25 Posts
Failed 3 Times in 3 Posts
Quote:
Originally Posted by jasonturbo View Post
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?
bbbj is offline   Reply With Quote
Old 04-17-2012, 10:41 AM   #7270
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 shawnly1000 View Post
Damn...article is right. Apple up $25 4.3% today.
highfive is offline   Reply With Quote
Old 04-17-2012, 12:03 PM   #7271
I *heart* Revscene.net very Muchie
 
strykn's Avatar
 
Join Date: Dec 2007
Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
Quote:
Originally Posted by Stormspirit View Post
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.
strykn is offline   Reply With Quote
Old 04-17-2012, 12:28 PM   #7272
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
Apple go H.A.M again
shawnly1000 is offline   Reply With Quote
Old 04-17-2012, 02:10 PM   #7273
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
Warren Buffett diagnosed with State I prostate cancer. Hopefully everything is well with him.

Lets see how BRK does tomorrow.
highfive is offline   Reply With Quote
Old 04-17-2012, 03:04 PM   #7274
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
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.
shawnly1000 is offline   Reply With Quote
Old 04-17-2012, 06:42 PM   #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
Failed 11 Times in 6 Posts
Quote:
Originally Posted by jasonturbo View Post
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...
waddy41 is offline   Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -8. The time now is 10:51 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net