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. |
 | | 
09-12-2012, 06:44 AM
|
#7901 | | 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
|
should have bought RIMM $7 Sep calls last week....
.10 then.....61 now...
| 
|  | |
09-12-2012, 09:55 AM
|
#7902 | | 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
| Quote:
Originally Posted by lowside67  YNG is in trouble... reverse 10-1 split, name change... ugh | Can you explain further? Link? I have watched YNG go from .25 to .30 over the past few days
| |
| | |
09-12-2012, 01:03 PM
|
#7903 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,719
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
|
do you guys know what time exactly or around is the FOMC announcement tomorrow?
also anyone make money on apple puts? lol my friend made 24x his money. fuck.
| |
| | |
09-12-2012, 01:12 PM
|
#7904 | | Old School RS
Join Date: May 2004 Location: Port Moody
Posts: 4,596
Thanked 4,042 Times in 1,232 Posts
Failed 129 Times in 79 Posts
| Quote:
Originally Posted by AME_VIP Can you explain further? Link? I have watched YNG go from .25 to .30 over the past few days | Apparently investors are starting to receive a voting package... item #1 is voting on a reverse 10-1 split and item #2 is a change to "Veris Gold Corp"...
Mark
__________________
I'm old now - boring street cars and sweet race cars. | |
| | |
09-12-2012, 02:29 PM
|
#7905 | | I Will not Admit my Addiction to RS
Join Date: Jul 2004 Location: canada
Posts: 526
Thanked 211 Times in 19 Posts
Failed 6 Times in 4 Posts
| Quote:
Originally Posted by lowside67 Apparently investors are starting to receive a voting package... item #1 is voting on a reverse 10-1 split and item #2 is a change to "Veris Gold Corp"...
Mark | From listening to their conference call a couple of weeks back, they said the reason they are wanting to do a reverse stock split, was trying to get into the US stock exchange
| |
| | |
09-12-2012, 02:43 PM
|
#7906 | | Wunder? Wonder?? Wander???
Join Date: Jul 2002 Location: Vancouver
Posts: 223
Thanked 2 Times in 2 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by Ulic Qel-Droma do you guys know what time exactly or around is the FOMC announcement tomorrow?
also anyone make money on apple puts? lol my friend made 24x his money. fuck. | According to yahoo. 9:30am. Economic Calendar: Financial Calendars - Yahoo! Finance
What's your plan for tomorrow Ulic? 
__________________
Boo
| |
| | |
09-12-2012, 05:11 PM
|
#7907 | | 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
|
Might play it with puts but dangerous for this one because good chance of QE3 announcement.. probably will play small position with puts
| |
| | |
09-13-2012, 12:12 AM
|
#7908 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,719
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
|
QE3 is highly possible
hm well not sure. im gonna just get up early and keep watching if technicals tell me to enter im gonna enter.
gold is up, and has probably mostly already accounted for QE3.
if they announce it, it will probably spike up and sometime that day or over the next few days return to where it's supposed to be, when everyone takes their profits.
lol, i can just play the spikes, it's a high enough % return for a small bet on a volatile day.
| |
| | |
09-13-2012, 09:04 AM
|
#7909 | | I contribute to threads in the offtopic forum
Join Date: Apr 2001 Location: VAN/RMD/BBY
Posts: 2,596
Thanked 1,022 Times in 450 Posts
Failed 54 Times in 30 Posts
|
QE3 feels priced in already  | |
| | |
09-13-2012, 09:26 AM
|
#7910 | | 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
|
Nvm. I stand corrected.
Last edited by shawnly1000; 09-13-2012 at 09:34 AM.
| |
| | |
09-13-2012, 11:05 AM
|
#7911 | | 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
|
Here we go! (QE3)
| |
| | |
09-13-2012, 05:25 PM
|
#7912 | | 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
|
crazy stuff to see the dow at 13.5k .. let the rallies of peace beginnn
| |
| | |
09-13-2012, 05:43 PM
|
#7913 | | 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 lowside67 Apparently investors are starting to receive a voting package... item #1 is voting on a reverse 10-1 split and item #2 is a change to "Veris Gold Corp"...
Mark | Yessir, 10-1 consolidation and name change to Veris Gold, along with a move to being listed on the NYSE MKT exchange.
I'm not sure how I feel about it, it's actually very common that a lot of investors won't engage with the Canadian exchanges and certainly avoid any stocks with a price tag under a dollar.... So it is possible tha this move will attract a new group of investors.
I do feel that at the current market cap there isn't much of a potential downside even with consolidation risk when you consider NAV.. so I'm happy holding. Just waiting for that first profitable quarter to make me feel better
See what happens anyway, I'm more interested in Q3 numbers than anything else...
QE3 is good for gold!!
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
09-13-2012, 06:21 PM
|
#7914 | | 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
|
what are some good gold or silver miners that should outperform moving forward. (non-biased opinions please).
| |
| | |
09-14-2012, 06:48 AM
|
#7915 | | 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
|
lol aren't all opinions biased?
SEMAFO
| |
| | |
09-14-2012, 08:38 AM
|
#7916 | | 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 what are some good gold or silver miners that should outperform moving forward. (non-biased opinions please). | Yikes, shitty question, especially with regards to small/mid cap mines.
If you like risk and are willing to roll the dice, play in gold land.
If your tolerance for risk is lower, go with silver, it's value is more based around the actual application of silver in the mfg sector... sure some of it's value is solely based on being a precious metal.. but compared to gold the value of silver is far more related to the ability of silver miners to sell their product to secondary producers of various products.
Now having said all that, the way I see it, unless you want to play it risky in gold, you're basically looking at Barrick/Goldcorp/etc.. but I question what sort of gain you might see from these giants.
Risky gold bets there is a huge range of companies lol... seems like half of the TMX.
Unbiased opinion... I can't help you, I personally like/hold YNG because I like that it's not some "hole in the wall" miner drilling core samples and hoping to land on some heavy OZ/T. It's basically a large scale mining facility that relies solely on how much ore it can run through the mill. They have spent the last couple years struggling through major repairs of the facility and are basically just now getting back up to full speed.. hopefully. They have other assets they could sell to free up capital (Which IMO they should do, and focus solely on the Elko mine), the current market cap is IMO well below the NAV and they would be a fairly good candiadate for a buyout from neighbor Barrick.
I did a fair bit of research before getting into YNG, it makes me happy to hold it, and I am very curious on a personal level to see if they can get back to black sooner than later... I suspect they can before the end of the year.
I am also somewhat bullish on gold, QE3 and ECB bailout should support the price of the gold for at least a couple years.
There are so many small cap miners that are sketchy :s
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
09-14-2012, 02:10 PM
|
#7917 | | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,798
Thanked 2,886 Times in 1,239 Posts
Failed 626 Times in 198 Posts
|
My urre just went up 20%!! yay!
Posted via RS Mobile | |
| | |
09-14-2012, 05:50 PM
|
#7918 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,719
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
|
made 17% in oil today.
| |
| | |
09-14-2012, 07:53 PM
|
#7919 | | 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
|
Made a quick buck from my JPM options play from yesterday.
Next plays.
Bearish Play on the RIMM earnings - September 27. I just hope they don't mention even more assets they plan to sell.
Bullish Play on Google earnings - October 10. This shit is guaranteed. I might even go big on weekly options on this one.
Great to hear people making money.  | |
| | |
09-14-2012, 08:21 PM
|
#7920 | | 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
|
lol if you aren't making money this past 2 weeks you should just quit trading
| |
| | |
09-14-2012, 10:13 PM
|
#7921 | | 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
|
24% on AAPL Option play !
| |
| | |
09-16-2012, 02:24 AM
|
#7922 | | Captain Happy Bubble is my Homeboy
Join Date: Sep 2008 Location: Vancouver
Posts: 321
Thanked 158 Times in 33 Posts
Failed 53 Times in 19 Posts
|
anyone looking at Saskatchewan uranium mines after the trade agreement with china?
| |
| | |
09-16-2012, 10:08 PM
|
#7923 | | 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 classified anyone looking at Saskatchewan uranium mines after the trade agreement with china? | UUU.TO is a solid name. Low cost producer combined with an improving outlook for uranium in the years ahead will bode well. It just signed an agreement with the UAE for a long term supply agreement. Giddy-up! Posted via RS Mobile | |
| | |
09-17-2012, 11:12 AM
|
#7924 | | 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
|
LOL anyone see that oil dump!?
| |
| | |
09-17-2012, 11:20 AM
|
#7925 | | 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 strykn LOL anyone see that oil dump!? | Middle east/world peace lol Posted via RS Mobile | |
| | | |
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 10:25 PM.
|
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!
