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12-12-2012, 08:17 AM
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#8126 | | 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
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Tis the season for gambling, obviously I have a fairly high tolerance for risk since I have all this money and no real ambition to do anything with my life...
So having said that, I'm thinking about tossing another 65k into AMRN... what the hell, how much lower can it go? lol Downside risk seems rather low to me, potential upside very high.
Imagine if this week a decision finally gets made on NCE status, and monday AM a deal is announced, I know this sounds like fantasy, but I really think something smells fishy about them hiring 250-300 sales people, they may have claimed to be doing it, but if there is anything even rometly close to an acceptable offer on the table, why would they put 250-300 people in the position of quiting jobs with other employers, only to be forced to lay them off within days or weeks after aquisition.
Just saying... it's interesting to me that this stock can be trading where it is considering it was much higher before the FDA even made its decision on whether or not the drug would be approved. Crazy investors.. I tell ya.
Think positive, if this works out I will take everyone in this thread out to Costco for $1.59 hotdog and pop.
Edit: Done deal, now holding 15000 shares, somwhere around 10$/share. Pray for me 
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life |
Last edited by jasonturbo; 12-12-2012 at 08:38 AM.
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12-12-2012, 09:08 AM
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#8127 | | 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
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Originally Posted by canucksfan  Am I the only idiot still holding VG.TO? Stock down 11% and halted today, fuuuuuuuuuuu. jasonturbo? anyone? | Not the only idiot... you know what they say, misery loves company.
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I'm old now - boring street cars and sweet race cars. | |
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12-12-2012, 12:07 PM
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#8128 | | 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
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jason... the fucks wrong with u lol
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12-12-2012, 12:09 PM
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#8129 | | 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
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#attachmentissues LOLL
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12-12-2012, 12:40 PM
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#8130 | | Diagonally parked in a parallel universe
Join Date: Jan 2006 Location: vancouver
Posts: 1,416
Thanked 1,118 Times in 161 Posts
Failed 210 Times in 52 Posts
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noob here,
anyone here invest in gold in bc?
specifically barkerville gold mines.
is it rare to see bc companies get bought out by bigger gold mining companies?
the shares are at 1.22 each atm if it matters.
help a nub out
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12-12-2012, 12:41 PM
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#8131 | | Banned By Establishment
Join Date: Jan 2003 Location: Coquitlam, BC
Posts: 9,521
Thanked 1,289 Times in 409 Posts
Failed 407 Times in 100 Posts
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I remember Jason said that same things about CLL.
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12-12-2012, 01:08 PM
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#8132 | | I don't get it
Join Date: Mar 2003 Location: vancouver
Posts: 416
Thanked 22 Times in 5 Posts
Failed 0 Times in 0 Posts
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Originally Posted by strykn jason... the fucks wrong with u lol | He just cut his losses in half today. He's doing something right lol Posted via RS Mobile | |
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12-12-2012, 01:17 PM
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#8133 | | 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
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My track record:
CLL = WIN!
YNG(VG) = Win! then Flat!
NZ = Lose!
AOS = Flat
TVIX = Win! then EPIC FAIL!
AMRN = ?????
The point is, I am probably going to lose everything.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
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12-12-2012, 03:11 PM
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#8134 | | 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
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lol, just tweak your strategy.
learn to keep your money, once you're winning nicely, don't ever let it go negative.
and the losers... just cut them short.
lol of course easier said than done.
anyone been following MCP?
a friend bought 2m shares at 6.70 or something lol
shoulda bought a shit load of calls.
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12-12-2012, 03:23 PM
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#8135 | | 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
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Originally Posted by Ulic Qel-Droma lol, just tweak your strategy.
learn to keep your money, once you're winning nicely, don't ever let it go negative.
and the losers... just cut them short.
lol of course easier said than done.
anyone been following MCP?
a friend bought 2m shares at 6.70 or something lol
shoulda bought a shit load of calls. | Back in June I was holding 10k Shares of TVIX around 10$, then it tanked to 7$.. and I was like $&%&!!!! Decided to sell and eat the loss, looking back, I am very happy I did that,.. seeing as TVIX is now in penny stock territory lol But it was good fun while it lasted.
Losing 30k in a matter of days was pretty geh.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
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12-12-2012, 04:58 PM
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#8136 | | Wunder? Wonder?? Wander???
Join Date: Jul 2002 Location: Vancouver
Posts: 223
Thanked 2 Times in 2 Posts
Failed 0 Times in 0 Posts
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Originally Posted by Ulic Qel-Droma lol, just tweak your strategy.
learn to keep your money, once you're winning nicely, don't ever let it go negative.
and the losers... just cut them short.
lol of course easier said than done.
anyone been following MCP?
a friend bought 2m shares at 6.70 or something lol
shoulda bought a shit load of calls. | jeezus christ your friend is fucking rich... he owns a hedge fund or something?
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Boo
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12-12-2012, 05:25 PM
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#8137 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
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2 million in mcp...  | |
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12-12-2012, 05:58 PM
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#8138 | | 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
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he's an ex-SAC trader, he's retired.
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12-12-2012, 06:06 PM
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#8139 | | Banned By Establishment
Join Date: Jul 2010 Location: Vancouver
Posts: 166
Thanked 127 Times in 30 Posts
Failed 58 Times in 21 Posts
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RIM, at 13.12 on tsx!  . Was at 7.60 late sept, and in the mid-low 8 range up until mid Nov and has been steadily rising ever since. Everyone who has shorted the stock, is shitting bricks right now.
Last edited by z-33; 12-12-2012 at 06:12 PM.
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12-12-2012, 07:03 PM
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#8140 | | 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
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Originally Posted by z-33 RIM, at 13.12 on tsx! . Was at 7.60 late sept, and in the mid-low 8 range up until mid Nov and has been steadily rising ever since. Everyone who has shorted the stock, is shitting bricks right now. | unless you have gotten out with a profit, i would not be tempting fate.
RIM is an extremely volatile stock and could easily be $10 tomorrow and just a slight piece of news - RIM's beta must be through the roof
just know that you are holding a higher risk stock, thus you should be expecting higher return to compensate for that
i still wouldn't touch RIM as i don't believe in the product - at $7 it was worth it as a spec play as the downside was relatively protected, at near double that, too much risk for this investor (read: not trader)
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12-12-2012, 08:55 PM
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#8141 | | Banned By Establishment
Join Date: Jul 2010 Location: Vancouver
Posts: 166
Thanked 127 Times in 30 Posts
Failed 58 Times in 21 Posts
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Originally Posted by 4444 unless you have gotten out with a profit, i would not be tempting fate.
RIM is an extremely volatile stock and could easily be $10 tomorrow and just a slight piece of news - RIM's beta must be through the roof
just know that you are holding a higher risk stock, thus you should be expecting higher return to compensate for that
i still wouldn't touch RIM as i don't believe in the product - at $7 it was worth it as a spec play as the downside was relatively protected, at near double that, too much risk for this investor (read: not trader) | If youve been following the stock, analyst bashing and negative news no longer effects the stock price anymore. Yesterday is was reported that they were getting sued for bluetooth infringment and the stock rose 1.10 in the course of 2 days. I believe in Rim, and am holding this stock over the course of 2013.
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12-12-2012, 10:31 PM
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#8142 | | 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
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Originally Posted by z-33 If youve been following the stock, analyst bashing and negative news no longer effects the stock price anymore. Yesterday is was reported that they were getting sued for bluetooth infringment and the stock rose 1.10 in the course of 2 days. I believe in Rim, and am holding this stock over the course of 2013. | probably a minor thing, the bluetooth infringement
if it were, maybe you've found a magic stock that will always go up - you've found the golden ticket!!
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12-12-2012, 11:12 PM
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#8143 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
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Biggest stocks to watch in 2013, AMRN and RIMM... lets see who wins
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12-13-2012, 02:37 PM
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#8144 | | Banned By Establishment
Join Date: Jul 2010 Location: Vancouver
Posts: 166
Thanked 127 Times in 30 Posts
Failed 58 Times in 21 Posts
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Originally Posted by SiRV Biggest stocks to watch in 2013, AMRN and RIMM... lets see who wins | Another Green day for RIM, up another .51 cents today on the tsx, at 13.64.
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12-13-2012, 04:17 PM
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#8145 | | 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
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Originally Posted by Ulic Qel-Droma he's an ex-SAC trader, he's retired. | He basically doubled his money. Did you get any win out of it?
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12-13-2012, 06:33 PM
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#8146 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
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Originally Posted by SiRV Biggest stocks to watch in 2013, AMRN and RIMM... lets see who wins | lol......
Made 10k off shorting apple this week via puts lulz
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12-13-2012, 07:21 PM
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#8147 | | Banned (ABWS)
Join Date: Aug 2012 Location: Hong Kong
Posts: 340
Thanked 374 Times in 142 Posts
Failed 299 Times in 100 Posts
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Originally Posted by strykn lol......
Made 10k off shorting apple this week via puts lulz | :O it only went down 3% this week meaning you must've invested 300k+...
ballin
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12-13-2012, 07:58 PM
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#8148 | | 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
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Originally Posted by twdm :O it only went down 3% this week meaning you must've invested 300k+...
ballin | Do u know what a put is?
Apparently not
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12-13-2012, 08:01 PM
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#8149 | | 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
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Originally Posted by twdm :O it only went down 3% this week meaning you must've invested 300k+...
ballin | I only risked 3-5k on each trade lol, weeklies
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12-13-2012, 08:39 PM
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#8150 | | 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
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Originally Posted by strykn I only risked 3-5k on each trade lol, weeklies | @twdm before you go :O this sounds so lucrative, stop yourself before you break yourself LOLLL
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