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 05-15-2012, 04:00 PM   #7476
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
Buy when there is blood in the streets... even if the blood is your own
Agree 100%
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 05-15-2012, 04:16 PM   #7477
I STILL don't get it
 
leilomo's Avatar
 
Join Date: Sep 2005
Location: vancouver
Posts: 470
Thanked 26 Times in 11 Posts
Failed 3 Times in 2 Posts
^ lol thats what you would call catching a falling knife.

wait for bottom and upside confirmation if you dont want to lose money folks.
leilomo is offline   Reply With Quote
Old 05-15-2012, 04:54 PM   #7478
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
Quote:
Originally Posted by leilomo View Post
^ lol thats what you would call catching a falling knife.

wait for bottom and upside confirmation if you dont want to lose money folks.
This. It is like catching a falling knife indeed. We're entering the summer season now where it's historically sideways. If you guys wanna make money during this season, learn how to make money on down trending or sideways market.
__________________
RS Buy&Sell Rating
will068 is offline   Reply With Quote
Old 05-15-2012, 06:33 PM   #7479
Banned By Establishment
 
Iceman-19's Avatar
 
Join Date: Jan 2003
Location: Coquitlam, BC
Posts: 9,521
Thanked 1,289 Times in 409 Posts
Failed 407 Times in 100 Posts
CPT is wayyyyyy down. I saw it hit its 52 week high, sold it at 1.82, its down to 1.25 again. Wish I had some coin to put back into it. Its getting closer to open. JPM has a LOT invested in it.
Iceman-19 is offline   Reply With Quote
Old 05-15-2012, 08:54 PM   #7480
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
Facebook to Increase IPO Deal Size by 25%

Any guesses on what it'll open at?
shawnly1000 is offline   Reply With Quote
Old 05-15-2012, 09:32 PM   #7481
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
Facebook....GM did a awesome pre-IPO PR for them by dropping their annual $10million advertising on Facebook because it's not working for them. lol
highfive is offline   Reply With Quote
Old 05-16-2012, 05:43 AM   #7482
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
YNG 1st Quarter 2012:

Yukon-Nevada Gold Corp. - News Releases - Yukon-Nevada Gold Corp. Announces First Quarter Results for 2012 - Wed May 16, 2012

Spoiler!


The only thing I would have liked to see is daily total of ore mined, the trouble is that even if they can process 3600 per day, can they mine it? How much of the ore supplied was from stockpiles?

Pretty much in line with what I would have expected for Q1, working out the bugs.. though it would be nice if they could get the spending under control... but at the same time it's money that needs to be spent, and the sooner those funds are allocated to improve production, the sooner they will see some profit.


Connacher Oil and Gas Q1 2012

http://www.connacheroil.com/en/inves...2012-05-15.pdf

Pretty happy I sold CLL, pretty sure K2 and WFC plan to run that company into the ground.
__________________
Quote:
Originally Posted by jasonturbo
Follow me on Instagram @jasonturtle if you want to feel better about your life

Last edited by jasonturbo; 05-16-2012 at 06:40 AM.
jasonturbo is offline   Reply With Quote
Old 05-16-2012, 11:16 AM   #7483
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
FOMC: "easing may be needed"
shawnly1000 is offline   Reply With Quote
Old 05-16-2012, 11:25 AM   #7484
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
Well at the end of the day... I'm still up a whopping 2447$ on the year.

Was going to jump back into FAZ but missed the boat.

Maybe we should start a petition for QE3?
__________________
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 05-16-2012, 11:37 AM   #7485
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
I'm out. Sold my AAPL puts that I held for the last couple of weeks after I saw that bearish confirmation on a hammer candlestick on the DOW. My next play will be 20g's on FB on Friday.
__________________
RS Buy&Sell Rating
will068 is offline   Reply With Quote
Old 05-16-2012, 11:48 AM   #7486
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
I'm out. Sold my AAPL puts that I held for the last couple of weeks after I saw that bearish confirmation on a hammer candlestick on the DOW. My next play will be 20g's on FB on Friday.
Contingent on it's opening price? They're pegging it between 34-38 but it'll definitely open higher, who knows, might pull what LNKD did on its opening day.
shawnly1000 is offline   Reply With Quote
Old 05-16-2012, 12:01 PM   #7487
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
Quote:
Originally Posted by shawnly1000 View Post
Contingent on it's opening price? They're pegging it between 34-38 but it'll definitely open higher, who knows, might pull what LNKD did on its opening day.
I'm expecting the opening price will be ~ $70 to $80. I'm still willing to buy at that price. If GRPN can make money, so can FB.

It's a long term play for me so I'm not worried about any short term dips. Now when FB becomes optionable
__________________
RS Buy&Sell Rating
will068 is offline   Reply With Quote
Old 05-16-2012, 12:01 PM   #7488
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
^Yeah, FB is probably going to open higher. People who couldn't get in on the IPO would pile their money into it thinking it's the next Google.

With so many bearish outlooks, it's probably best time to start their "QE3" plan. lol

Then I ask...what was all that money printing called in the past year? QE2 plan B? QE2 BBBO? (Ben Bernake Barack Obama) lol
highfive is offline   Reply With Quote
Old 05-16-2012, 12:03 PM   #7489
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
^didn't groupon start from ~$30 to around ~$10 now?
__________________
My Feedback Rating
SiRV is offline   Reply With Quote
Old 05-16-2012, 12:04 PM   #7490
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 will068 View Post
I'm expecting the opening price will be ~ $70 to $80. I'm still willing to buy at that price. If GRPN can make money, so can FB.

It's a long term play for me so I'm not worried about any short term dips. Now when FB becomes optionable
GRPN is $8 billion dollar company.

FB is going to be valued at $100 billion. Google is at $200 billion.

Google makes in profit what FB makes in revenue in a year.

I rather wait for Twitter to go public and buy that. IMO, Twitter is going to be a very profitable company.
highfive is offline   Reply With Quote
Old 05-16-2012, 12:06 PM   #7491
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 SiRV View Post
^didn't groupon start from ~$30 to around ~$10 now?
Yep they IPO'd about 6 months ago; they had "accounting issues"
shawnly1000 is offline   Reply With Quote
Old 05-16-2012, 12:30 PM   #7492
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
Plus nobody wants to buy a $10 meal valued at $50 but pay $10 for it. lol

Groupon's "deals" been downhill for a long time.
highfive is offline   Reply With Quote
Old 05-16-2012, 01:01 PM   #7493
Wanna have a threesome?
 
MindBomber's Avatar
 
Join Date: Oct 2010
Location: Squamish
Posts: 4,889
Thanked 5,054 Times in 1,657 Posts
Failed 439 Times in 203 Posts
My prediction on FB's IPO.

It'll open at $62, have a 52 week high in the $70-82 range, and settle to between $38-45 in one year. Social media is fickle, and unlike Google, Facebook has not shown an ability to expand it's revenue stream beyond advertising.
MindBomber is offline   Reply With Quote
Old 05-16-2012, 02:37 PM   #7494
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 MindBomber View Post
My prediction on FB's IPO.

It'll open at $62, have a 52 week high in the $70-82 range, and settle to between $38-45 in one year. Social media is fickle, and unlike Google, Facebook has not shown an ability to expand it's revenue stream beyond advertising.
Even Google is unable to expand its revenue beyond advertising.

Android and Youtube are only doing so much.

Unlike Apple most of these Tech companies only have 1 revenue stream.

Apple has what? ipod, iphone, ipad, macs, itunes, sooner or later...something tv or something that will be part of our lives.
highfive is offline   Reply With Quote
Old 05-16-2012, 05:49 PM   #7495
RS has made me the bitter person i am today!
 
Hehe's Avatar
 
Join Date: Dec 2002
Location: YVR/TPE
Posts: 4,798
Thanked 2,886 Times in 1,239 Posts
Failed 626 Times in 198 Posts
I wouldn't touch FB as long as Mark Zuckerberg is still CEO.

He is a control freak and so far, he hasn't shown ability to expand revenue/profit effectively for the company. Even the advertisement business didn't really take off without bringing in a former google executive IIRC.

I mean, if one would buy FB at 100B valuation, isn't google a much better choice? it has shown solid performance and growth expectation years after years with diversification into several other ventures (android, youtube, even gmail)

If FB starts to lose steam (say, another social site becomes more favorable by the masses), it's a downward spiral from there (think other social sites before FB and even MSN messenger or ICQ)

Its core business just doesn't show value to me and at 100B with its current state, I'd say it's overpriced.
__________________
Nothing for now
Hehe is offline   Reply With Quote
Old 05-17-2012, 01:25 AM   #7496
My homepage has been set to RS
 
goo3's Avatar
 
Join Date: Jan 2004
Location: Van
Posts: 2,050
Thanked 192 Times in 118 Posts
Failed 49 Times in 32 Posts
Google 2012 Q1:
Revenue = 96% Ads

FB IPO Filing 2011:
Revenue = 85% Ads, 15% Platform Payments (Zynga, etc)

I don't think diversification of revenue streams is that big of a deal. These guys are gonna live or die with advertising.

If GOOG makes $10B/yr with $200B mkt cap, can FB make $5B/yr in the future? They made $1B in 2011 with a less than mature business model and high costs.

And if you are expecting FB to become unpopular in the future after gaining 900M users worldwide, you have to apply the same logic to Google Search. What makes it so special? There were search engines before and search engines after. You don't have to move your network with you, so the cost to switch search engines is lower, wouldn't you say? Why has nobody switched?

Short Euro.
goo3 is offline   Reply With Quote
Old 05-17-2012, 09:00 AM   #7497
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
Google Search has continued to provide a service that has improved over time but kept its simplistic model approach so users continues to go back them. Other models like Yahoo, Bing, AOL, etc did not work because they never took the time to understand what typical users want. Google search made it easy for people.

As for Facebook, I've seen many people complain about the different changes in layout of their service.

Facebook doesn't have to diversify their revenue stream but they at least have to expand it to justify its valuation.
highfive is offline   Reply With Quote
Old 05-17-2012, 09:32 AM   #7498
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 check out CLL down 12% to .65
TouringTeg is offline   Reply With Quote
Old 05-17-2012, 09:36 AM   #7499
Old School RS
 
lowside67's Avatar
 
Join Date: May 2004
Location: Port Moody
Posts: 4,596
Thanked 4,042 Times in 1,232 Posts
Failed 129 Times in 79 Posts
I bought some Tag Oil this morning at $8.14, down around 10% today for what appears to be basically no good reason... I like the company, they are well funded and have lots of potential upside, I've been hoping for a good entry point and I think this is as good as any. Hopefully I didn't catch a falling knife...

Mark
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote
Old 05-17-2012, 09:41 AM   #7500
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
Quote:
Originally Posted by AME_VIP View Post
Wow check out CLL down 12% to .65
wander if iceman bought some
__________________
My Feedback Rating
SiRV 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 09:10 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