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. |
 | | 
05-18-2012, 10:27 AM
|
#7526 | | Rs has made me the man i am today!
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 jasonturbo  FAZ 5 year chart is insane, peaked at 10093$ lol.
Yes TVIX 52 week range was the main reason to buy for me, it's not like the Eurozone is any better off than it was last summer/fall.. so I'm expecting a decent return on this  Let's hope so cause I have 60k tied up in it lol... | You're not worried about what workaround that may transpire in the G8 meeting this weekend ?
| 
|  | |
05-18-2012, 10:34 AM
|
#7527 | | 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 will068 You're not worried about what workaround that may transpire in the G8 meeting this weekend ? | Greek Election > G8 Meeting
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
05-18-2012, 10:46 AM
|
#7528 | | 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 jasonturbo FAZ 5 year chart is insane, peaked at 10093$ lol.
Yes TVIX 52 week range was the main reason to buy for me, it's not like the Eurozone is any better off than it was last summer/fall.. so I'm expecting a decent return on this Let's hope so cause I have 60k tied up in it lol... | Keep in mind that FAZ resets (i.e. R/S) every so often because of its inherent decay factor. So the 5 year high has that factored in.
TVIX is leveraged on the VIX so definitely gonna have a wide price range.
| |
| | |
05-18-2012, 12:03 PM
|
#7529 | | 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
|
Grrrrr hate how gas has been like ~$1.45/L in the GVRD lately only to see that crude is at $91.48
| |
| | |
05-18-2012, 12:15 PM
|
#7530 | | HELP ME PLS!!!
Join Date: Sep 2001 Location: Vancouver
Posts: 5,554
Thanked 63 Times in 26 Posts
Failed 0 Times in 0 Posts
| | |
| | |
05-18-2012, 12:29 PM
|
#7531 | | 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 anybody guess it'd be just at the IPO price?
| |
| | |
05-18-2012, 01:09 PM
|
#7532 | | I *heart* Revscene.net very Muchie
Join Date: Jun 2004 Location: Melbourne
Posts: 3,963
Thanked 362 Times in 161 Posts
Failed 68 Times in 49 Posts
|
^38.38.. LOL
__________________
2011 VW Tiguan Highline 4Motion (Canada)
2013 Lexus IS350 F-Sport (Melbourne) | |
| | |
05-18-2012, 01:39 PM
|
#7533 | | 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 too_slow ^38.38.. LOL | It likely would have dropped below IPO price if the Underwriters did not step in and buy... The question is how much below would it have went before it found support? Also interesting that the volume exceeded the amount of shares issued in the IPO... Looks like everybody wants to trade it, but nobody wants to hold it lol.
| |
| | |
05-20-2012, 09:13 PM
|
#7534 | | 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
|
too bad the cdn markets are closed tmr...futures look so nice and green..
| |
| | |
05-21-2012, 06:49 AM
|
#7535 | | 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
|
Facebook not looking so hot @ 33.75, down 11.75% today.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
05-21-2012, 10:02 AM
|
#7536 | | I STILL don't get it
Join Date: Sep 2005 Location: vancouver
Posts: 470
Thanked 26 Times in 11 Posts
Failed 3 Times in 2 Posts
| Quote:
Originally Posted by jasonturbo Facebook not looking so hot @ 33.75, down 11.75% today. | Tvix getting slaughtered! Hope you got out!!
| |
| | |
05-21-2012, 10:09 AM
|
#7537 | | 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 leilomo Tvix getting slaughtered! Hope you got out!! | Sure did at 10.61 this morning, crazy part was that i almost bought back in at 10.80 lol
Lookin to get back in...
So here's a good one, does a guy jump in and pick up some TVIX at the end of the day.. and hope for some horrible Euro-News to come overnight? lol
Last edited by jasonturbo; 05-21-2012 at 10:51 AM.
| |
| | |
05-21-2012, 01:08 PM
|
#7538 | | I *heart* Revscene.net very Muchie
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 jasonturbo Sure did at 10.61 this morning, crazy part was that i almost bought back in at 10.80 lol
Lookin to get back in...
So here's a good one, does a guy jump in and pick up some TVIX at the end of the day.. and hope for some horrible Euro-News to come overnight? lol | i wouldnt markets gonna bounce this week
| |
| | |
05-21-2012, 01:44 PM
|
#7539 | | 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 strykn i wouldnt markets gonna bounce this week | I think my new investment strategy is going to be simply this:
Good news: Buy XIV on the way up, Sell TVIX immediately
Bad news: Buy TVIX on the way up, Sell XIV immediately
It's unreal to me how one sentence from any given politician can sway the markets one way or the other...
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
05-21-2012, 01:50 PM
|
#7540 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
|
Markets did well today. Hopefully tsx follows suit tomorrow. Tvix down 19%. Will wait until the next euro mess hits the news before buying.
| |
| | |
05-21-2012, 05:44 PM
|
#7541 | | My dinner reheated before my turbo spooled
Join Date: Nov 2006 Location: Vancouver
Posts: 1,720
Thanked 2,116 Times in 382 Posts
Failed 877 Times in 94 Posts
|
__________________ Quote:
If we are not able to ask skeptical questions, to interrogate those who tell us that something is true; to be skeptical of those in authority, then we're up for grabs..
-Carl Sagan
| | |
| | |
05-22-2012, 12:43 AM
|
#7542 | | Rs has made me the man i am today!
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 StaxBundlez | Emily Chang.. yummy...
| |
| | |
05-22-2012, 01:30 AM
|
#7543 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
|
psychology behind a trend. 
if you take a look at ES M2 or.. SP500 DAILY chart, it looks like a bull trap right now. i'd say it would retest the ~1333.00 level.
Last edited by Ulic Qel-Droma; 05-22-2012 at 01:38 AM.
| |
| | |
05-22-2012, 02:09 AM
|
#7544 | | I STILL don't get it
Join Date: Sep 2005 Location: vancouver
Posts: 470
Thanked 26 Times in 11 Posts
Failed 3 Times in 2 Posts
|
Fuck japan downgraded
| |
| | |
05-22-2012, 07:32 AM
|
#7545 | | 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
|
I think I am in love with TVIX and XIV.. wish I knew about these funds a long time ago lol...
So experts, when is the shit gonna hit the fan again?
BTW, do any of you regular posters have a formal education in investing/finance/commerce?
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
05-22-2012, 07:45 AM
|
#7546 | | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,814
Thanked 2,901 Times in 1,248 Posts
Failed 627 Times in 199 Posts
|
And the FB selloff continues...
I think when the dust settles, it would be around 18~20, giving a valuation of 50B or so given its revenue+some hype that remain in retail investors.
I just wish the options are coming up soon enough.
__________________
Nothing for now
| |
| | |
05-22-2012, 12:31 PM
|
#7547 | | 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
|
All you smart folks, bullish or bearish tomorrow?
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
05-22-2012, 12:52 PM
|
#7548 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
|
Greek banks rumored to get around 18 billion Euros which makes me lean towards bullish... but who knows. http://business.financialpost.com/20...ailout-source/
Saw TVIX start to swing around noon and bought in at 8.63 Sold at 9.41
| |
| | |
05-22-2012, 04:27 PM
|
#7549 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
Thanked 1,941 Times in 765 Posts
Failed 532 Times in 202 Posts
|
off topic, but: Sunpeaks Ventures Inc: OTC:SNPK quotes & news - Google Finance
oh sunpeaks (from couple pages back) from $2.xx to $0.14 - hilarious
| |
| | |
05-22-2012, 05:36 PM
|
#7550 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
|
bearish for tomorrow... fuckin greekz
| |
| | | |
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 01:18 AM.
|
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!
