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 04-24-2012, 08:49 AM   #7301
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
Buying opportunity ...But I don't know what to buy
Advertisement
__________________
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 04-24-2012, 09:04 AM   #7302
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
hummmmm... NFLX anyone?
__________________
My Feedback Rating
SiRV is offline   Reply With Quote
Old 04-24-2012, 09:18 AM   #7303
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
LOL SNPK, Burt Reynolds apparently endorsing them
shawnly1000 is offline   Reply With Quote
Old 04-24-2012, 09:59 AM   #7304
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
SNPK!!! THEY ARE GOING TO 9 DOLLARS!!!!!!!!!! lol


I don't know Netflix but saw a Tweet that Whitney Tilson was buying more.
highfive is offline   Reply With Quote
Old 04-24-2012, 10:32 AM   #7305
Banned (ABWS)
 
Join Date: Mar 2003
Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
Failed 17 Times in 10 Posts
AAPL oversold? Good time to add some more shares to my portfolio? I was suppposed to buy in at $370 a few months ago and missed out...$550 another good entry point?
Jermyzy is offline   Reply With Quote
Old 04-24-2012, 11:28 AM   #7306
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
Wow ROG... 1.06$. I was trading this between the 1.80-2.20 range last month lol PX also just taking a beating.... Yikes for jr miners and exploration companies.
jasonturbo is offline   Reply With Quote
Old 04-24-2012, 11:35 AM   #7307
f.
Proud to be called a RS Regular!
 
Join Date: Mar 2011
Location: Vancouver
Posts: 108
Thanked 21 Times in 10 Posts
Failed 20 Times in 7 Posts
Bought into URRE on Monday, it's still a cheap buy at .83!
f. is offline   Reply With Quote
Old 04-24-2012, 11:38 AM   #7308
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
Oopsie double post!
jasonturbo is offline   Reply With Quote
Old 04-24-2012, 11:50 AM   #7309
Banned (ABWS)
 
Join Date: Mar 2003
Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
Failed 17 Times in 10 Posts
Ahhh...added more AAPL at 559. I should really just stick my solid dividend paying stocks, instead of buying commodities and tech stocks
Jermyzy is offline   Reply With Quote
This post thanked by:
Old 04-24-2012, 12:01 PM   #7310
Wunder? Wonder?? Wander???
 
Scoobysnax's Avatar
 
Join Date: Jul 2002
Location: Vancouver
Posts: 223
Thanked 2 Times in 2 Posts
Failed 0 Times in 0 Posts
Quote:
Originally Posted by Jermyzy View Post
Ahhh...added more AAPL at 559. I should really just stick my solid dividend paying stocks, instead of buying commodities and tech stocks
I bought some AAPL at same price . JAN '13 Leaps though. Let's hope they beat with great china sales.
__________________
Boo
Scoobysnax is offline   Reply With Quote
This post thanked by:
Old 04-24-2012, 12:31 PM   #7311
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
AAPL Reports Q2 EPS $12.3 vs $10.06 Est; Revenues $39.2B vs $36.81B Est

(Apple reports Q2 results; says sold 11.8 million Ipads during the quarter, a 151 percent unit increase over the year-ago quarter)
(35.1 million iPhones in the quarter)

Guidance is what everybody is waiting for though.
shawnly1000 is offline   Reply With Quote
Old 04-24-2012, 12:36 PM   #7312
Banned (ABWS)
 
Join Date: Mar 2003
Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
Failed 17 Times in 10 Posts
After hours up to 590
Jermyzy is offline   Reply With Quote
This post thanked by:
Old 04-24-2012, 12:42 PM   #7313
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
congrats to all longs.
Carl Johnson is offline   Reply With Quote
Old 04-24-2012, 12:47 PM   #7314
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
LOL it's back to where it was last week
shawnly1000 is offline   Reply With Quote
Old 04-24-2012, 12:49 PM   #7315
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
Weak hands get shaken out at the end of a correction. Qualcomm is a good play on Apple if you don't feel like chasing a 40 points gap.
Carl Johnson is offline   Reply With Quote
Old 04-24-2012, 01:02 PM   #7316
Rs has made me the man i am today!
 
will068's Avatar
 
Join Date: May 2002
Location: van
Posts: 3,412
Thanked 494 Times in 214 Posts
Failed 46 Times in 23 Posts
yay AAPL
__________________
RS Buy&Sell Rating
will068 is offline   Reply With Quote
Old 04-24-2012, 02:06 PM   #7317
Banned (ABWS)
 
Join Date: Oct 2011
Location: Port Coquitlam
Posts: 73
Thanked 21 Times in 8 Posts
Failed 20 Times in 6 Posts
Pumped and dumped aapl today. Got in at 561 sold at 601 after hours.
MisterMu is offline   Reply With Quote
This post thanked by:
Old 04-24-2012, 02:22 PM   #7318
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 View Post
yay AAPL
Assuming you had a juicy options play?
shawnly1000 is offline   Reply With Quote
Old 04-24-2012, 11:28 PM   #7319
I *heart* Revscene.net very Muchie
 
strykn's Avatar
 
Join Date: Dec 2007
Location: vancouver
Posts: 3,556
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
who needs QE3 when u have aapl
strykn is offline   Reply With Quote
Old 04-25-2012, 06:58 AM   #7320
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
Mmmmmm green... Finally.

CLL not so green though lol might even buy some if it keeps dropping!

Edit: I couldnt help but notice that virtually every single major gold miner is near it's 52 week low...

Last edited by jasonturbo; 04-25-2012 at 07:35 AM.
jasonturbo is offline   Reply With Quote
Old 04-25-2012, 07:39 AM   #7321
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
^^ Wow people are bearish on mining right now. YNG down 8.62% at the moment
TouringTeg is offline   Reply With Quote
Old 04-25-2012, 07:49 AM   #7322
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 AME_VIP View Post
^^ Wow people are bearish on mining right now. YNG down 8.62% at the moment
I want to buy more...

They have been around a long time and were making money back when gold was half the price it is today.. so I don't feel that there is significant risk associated with them... plus as a distress sale I cant imagine them selling the company for less than 300M anyway, so you would still walk away with .30/share... and that's probably a low ball.

Mehhh... just wait and see I guess, avg. on YNG is .33
__________________
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 04-25-2012, 07:52 AM   #7323
Old School RS
 
lowside67's Avatar
 
Join Date: May 2004
Location: Port Moody
Posts: 4,595
Thanked 4,039 Times in 1,231 Posts
Failed 129 Times in 79 Posts
YNG is also getting hammered based on the abundance of rumours surrounding the possibility of a reverse-split. In theory, I don't see how that should affect a company's valuation at all, but the theory seems to be that this is bad news for the shareholders. However, as the share heads towards $0.25, maybe this is good news. I can't see institutional holders owning a penny stock but perhaps at a $2.50 valuation, it looks less bad on their books. Ugly for sure.

Mark
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote
Old 04-25-2012, 09:04 AM   #7324
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
YNG is also getting hammered based on the abundance of rumours surrounding the possibility of a reverse-split. In theory, I don't see how that should affect a company's valuation at all, but the theory seems to be that this is bad news for the shareholders. However, as the share heads towards $0.25, maybe this is good news. I can't see institutional holders owning a penny stock but perhaps at a $2.50 valuation, it looks less bad on their books. Ugly for sure.

Mark
Just listened to the podcast for Q4 2011, it's pretty clear that the changes made between 2010 and 2011 have been very effective and looking forward in 2012 they are suggesting the company should begin seeing positive cash flow in Q2/Q3 of the year.

Loss in Q4 of 2010 was 49M, loss in Q4 of 2011 was only 7M, and there was significant capital expenditure during this period.

All of the major expenses are behind them now, so it would seem that margins should greatly improve from the Q4 of 2011, additionally they are no longer processing Newmont ore, and have for the last two weeks averaged 3700T/day and have reached as high as 4300T/day on multiple occasions. Assuming there is no more unplanned service interuptions, this would suggest they should easily be able to reach the target of 150K oz this year based on the avg. g/T.

Sounded very positive to me, interesting to see how the strategic review plays out, though I am not expecting much from it.

EDIT: I would like to say I believe that Ketza River will be sold provided they can get a decent dollar for it, I can't see them being able to cover the capital costs of development without assuming a lot of debt.. and I don't think they will go that route.
__________________
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 04-25-2012, 10:47 AM   #7325
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
Fuck you Ben! "remains prepared to use balance sheet tools"....lol c'monnnnnn
highfive is offline   Reply With Quote
This post thanked by:
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 03:35 AM.


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