STOCK MARKET Thread

[bakasam]

@strykn are you playing December puts or Jan? o_o

[pastarocket]

A big day for Frontier Rare Earth Resources Ltd (T.FRO).

Korea Resources Corporation completes acquisition of a 10% interest in Frontier Rare Earths' Zandkopsdrift project for C$23.8 million

Working Capital
Following receipt of the payment from Kores Frontier's cash balance is approximately C$52 million. This is expected to be sufficient to fund the completion of a Preliminary Feasibility Study and a Definitive Feasibility Study at Zandkopsdrift, work on the Company's other proposed exploration and development programs and corporate overheads. Kores is also required to pay Frontier 10% of all operating costs and expenses related to Zandkopsdrift from July 2012 onwards, amounting to approximately C$0.4 million as of the end November 2012. The Company has NO debt.


James Kenny, President and CEO of Frontier Rare Earths commented: "The acquisition by Kores of a 10% interest in Zandkopsdrift is a strong vote of confidence in both the potential of the Zandkopsdrift project and the management of Frontier. With our partnership with Kores and a significantly strengthened balance sheet, we believe that Frontier is very well positioned to meet its objective of becoming the next major producer of separated rare earths outside of China."

Strategic Agreement
Under the terms of the revised strategic partnership agreement between Frontier and Kores (the "Strategic Agreement"), which was signed in October 2012, Kores has an option to increase its participation in Zandkopsdrift from its current 10% interest up to a 50% or equal interest with Frontier in Zandkopsdrift, together with a pro-rata off-take right and obligation for up to 50% of production from Zandkopsdrift. The exercise of this option is conditional on Kores arranging project finance for the entire Zandkopsdrift development on terms acceptable to Frontier in its absolute discretion, and on Kores committing to provide its pro




Why did the State owned South Korean Resources mining and investment company [KORES] choose Frontier as their "rare earth" supplier??



1) Frontier's flagship property had the right mix of rare earth elements to satisfy the needs of various Korean conglomerates that KORES is trying to strategically supply with critical raw materials. Both TREO and HREO



2) KORES was satisfied that Frontier's metallurgy and flowsheet could economically separate and process the elements/metals, something that could hamper many rare earth projects from moving forward.



3) Frontier is able to start production and separation sooner than any other junior at KORES disposal.



4) KORES was satisfied with Frontier's "basket price" of rare earth elements.....even in today's depressed market conditions.



5) KORES was satisfied with the preliminary economics of the PEA.....including the quick return of 54% IRR, the $1 billion CAPEX, and the robust Net Present Value and low OPEX of the project.



6) Frontier has enough proven resources to supply South Korea for the next 25 years, and extremely large exploration lands and targets to potentially add to the mine life down the road.

[strykn]

Originally Posted by bakasam

@strykn are you playing December puts or Jan? o_o

I trade weeklies bro. Fuck if I held my puts into today, 20k+ week easy.

[strykn]

planning apple 500s calls on open tomorrow depending on premium

[jasonturbo]

So just in the event that anyone was curious, still holding AMRN.

And by "holding", what I really mean is "riding it to the bottom".

[SiRV]

dude.....
Posted via RS Mobile

[will068]

Here goes AAPL. I entered a bullish play for a weekly options on Monday.

- The "green" Fibonacci retracement is from the recent 594 high.
- The "orange" Fibonacci retracement is from the $701 high from August
- You can see a thicker blue downward diagonal line - that's my drawing from the $701 high and $594 high. It seems like it's creating a descending triangle pattern against the ~$500 price point.

At the 23 percentile ($523) price point of the "green" Fibonacci retracement, I'm using that as a reference point. If the price does not breakthrough that price, I'm treating it as a ceiling and I will get out of this trade.

Btw, This is just my virtual account. The money indicated there is all virtual. LOL. No humble brag on my part. hahahahah.

[strykn]

^ 550s calls are dirt cheap if no gapup tomorrow im playing those

[will068]

I got out of the AAPL trade after it started to dip below $530. Too bad, my 110% gain went down to 60%. Oh well...

[twdm]

Originally Posted by shawnly1000

@twdm before you go :O this sounds so lucrative, stop yourself before you break yourself LOLLL

Unlike most here, I don't play options so I admit I am ignorant to it. To me it's gambling rather than investing. I rather play it safe and actually invest in good undervalued companies with good long term value.

I'm doing quite well, so you don't have to worry about me.

[Jegz]

Hey guys how long do you typically hold a stock for? Do you invest and hope it grows in a few years or just trade a bunch in a few weeks to months? And how much money do you put in?

Been reading a lot for a couple months now and paper trading, and hopefully by next year, Ill start real money trading. Just looking for some info from you pros

[jasonturbo]

Originally Posted by jegglez

Hey guys how long do you typically hold a stock for? Do you invest and hope it grows in a few years or just trade a bunch in a few weeks to months? And how much money do you put in?

Been reading a lot for a couple months now and paper trading, and hopefully by next year, Ill start real money trading. Just looking for some info from you pros

Sounds like you need to keep reading :s lol.

It all depends how you are playing the markets, the individual factors affecting that single equity/security, the factors that affect the specific sector, and the factors that affect the global market/economy as a whole.

There is no right/wrong way to do it. If you are long then you could be holding for years, if you are short it could be days or weeks.

Some of the members on here are quite fond of playing options, all of which should be considered short term plays.

Not sure how to give you good advice, you have the right idea though, run a virtual account for a while and see how it goes, make sure you also play options in the virtual account so you can determine how successful you may be playing options.

When+'s happen, research and find out why, when -'s happen do the same. Stick with the virtual account until you are actually able to determine whether or not you can plan to see anysuccess.

Don't forget about prefered shares Easy 6-7% annual return with virtually no risk, lot's can actually be said for ETF's as well.

One method of succesful investing would be to take what I do, and then do the opposite, expect a good return hahaha.

[Jegz]

Ok thanks I got a lottt of reading to do. I just wanna start making the moolah
Anyone day trade here?

[Ulic Qel-Droma]

stop reading, start paper trading.

you'll learn more paper trading than reading any book.

it's like... little kids. you don't tell them about the playground, you just let them go explore and figure it out through their own through curiosity and mistakes.

you can lecture them all about the playground, but they'll learn a lot more a lot faster just going out there and playing.

controlling your emotions cannot be taught through a book.


i day trade...
well I trade... and i hold as long or as short as I think will benefit me.
My trades range from minutes to on average a few days... longest i've held is like two weeks.

ill be honest, it's all the same game. it's fractal like. the shorter you hold, the shorter time you have to make decisions vs long term trades... the but the decisions are the same ones.

Originally Posted by jegglez

Do you invest and HOPE it grows in a few years...

i'll give you a quick lesson now. never hope for anything.
program yourself... as soon as you start feeling that... emotion of hope. just cut your losses and get out.

hope will kill you.

there is no hope in the market.

hoping in the market is hoping the gun thats going be used to execute you will jam.
the miniscule chance that it does, they'll just get another gun and eventually kill you anyway.


you always know which way your positions are going, either based on fundementals, technicals, insider information or whatever. something solid.

as soon as you become unsure of which way it's going, and start hoping, you might as well just go to the casino and put it all on black.

[SiRV]

Originally Posted by jasonturbo

Don't forget about prefered shares Easy 6-7% annual return with virtually no risk, lot's can actually be said for ETF's as well.

I played a bit with preferred-shares of CIBC with this type of mentality and it's not that simple. For every 1.5% quarterly dividend payment, the value of the the shares fell by that (almost exact) amount. I got in and out to break even earlier this year.

Just look up the symbol CM-L on google finance and you can check it out for yourself. It appears as though you would have really only made a profit if you bought within the first year of it's release on the market, but if your getting into it now, the price looks like it will keep declining until it's 5 year term is up at the opening price of 25$. The YTD shows a dividend release of around 4.5% so far, yet the value of the stock is down at -3.61%, which really only gives you a 0.9% return (which can be beat by using a high interest savings account).

Ulic has good advice. It's been mentioned here lots of times, you don't really learn until you actually start. When it's your OWN money thats vanishing, you learn important lessons.. just like the lesson I just learned on preferred shares (of CM-L at least, can't say I know that this is true for all other preferreds out there). I'm sure you can read it up in some book somewhere, or even some obscure article online, and I'm sure I have probably even READ it myself prior to buying that specific share, I must have glazed over it, because if I had known I wouldn't be making much on the transaction, I would have just skipped over to the next best thing.

[jasonturbo]

Originally Posted by SiRV

I played a bit with preferred-shares of CIBC with this type of mentality and it's not that simple. For every 1.5% quarterly dividend payment, the value of the the shares fell by that (almost exact) amount. I got in and out to break even earlier this year.

What made you pick CIBC? (See TD and Scotia's record with Pref's.)

[SiRV]

Also, take this for what it's worth. But, 'general financial reading' is pretty useless in my opinion. Even the best of forecasters get it wrong TOO often to be worth reading.

Market Forecasts Prove Worthless

If you look through the article, it basically goes through the "financial expert predictions for 2012" written in 2011. The article shows us what was predicted to happen this year versus what actually happened this year. If you listened to the financial advice to the T based on some prominent financial paper that you read, it would have been extremely harmful to your portfolio.

A quick example. Last year, there was a huge buzz around 'international funds' being the best investment, my financial adviser was telling me that these are the top picks for the coming year (back a year ago- thankfully I didn't listen). The article shows that a +10% growth was predicted, but, now that we can look back over the history of the year, we see the actual growth was -16%!

In the end, if the experts can't predict what the whole market as a big general picture will look like in a year, I don't think predictions on specific companies would be much better (i.e. recall the prediction of apple being the first trillion dollar company by August 2013 ~ or something ridiculous).

Disclaimer, my portfolio is now composed of a modified couch potato.

[strykn]

Originally Posted by jegglez

Hey guys how long do you typically hold a stock for? Do you invest and hope it grows in a few years or just trade a bunch in a few weeks to months? And how much money do you put in?

Been reading a lot for a couple months now and paper trading, and hopefully by next year, Ill start real money trading. Just looking for some info from you pros

learn to trade not invest

[SiRV]

Originally Posted by jasonturbo

What made you pick CIBC? (See TD and Scotia's record with Pref's.)

I think I jumped into my decision with CIBC too quickly. The TD preferred does seem pretty decent though I have to say. One other thing I don't like about preferreds is that they seem to be a bit translucent, I still don't fully understand how they work, what their purpose is etc.

The new broad approach that I've taken is to invest in every asset class possible (bonds, equities, real estate), and with huge diversification in each class as well. This helps to lessen the headache and stress caused when I don't know what is happening with my money.

It might sound good to just drop a load and gain 6% per year, but I don't know how comfortable I would be, not knowing how the value of the security changes, etc.

[PhEnX]

i just got into tradeing and its been working preety well. I subscribed to a investment newsletter to help with the learning curve.


To anyone who is long RIM

[strykn]

^ Made bank shorting rim @ 15 AH...

lol fuck look at futures, was planning on buying DEC 28 143Puts.. a lot of them tomorrow morning... Fuck fuckfuckfuckfucufuck

[Ulic Qel-Droma]

yeah... i was watching SP500 drop like a mad.. like 44 points in 10-15min? LOL!
i was like.. what the fuck...

I don't care if the world is ending, why wasn't I already short?! haha

[Jegz]

Thanks for the answers guys. Well really all the material I've been reading are looking up all the meanings of the terms and how to analyze a company based on its fundamentals, technicals, etc. Also reading One up on Wall Street by Peter Lynch. Has some good info but kinda dated. Will be paper trading for a while

Originally Posted by strykn

learn to trade not invest

Why?

[PhEnX]

Originally Posted by strykn

^ Made bank shorting rim @ 15 AH...

lol fuck look at futures, was planning on buying DEC 28 143Puts.. a lot of them tomorrow morning... Fuck fuckfuckfuckfucufuck

My td waterhouse account is holding back my AH tradeing.
Posted via RS Mobile

[twdm]

Originally Posted by SiRV

I played a bit with preferred-shares of CIBC with this type of mentality and it's not that simple. For every 1.5% quarterly dividend payment, the value of the the shares fell by that (almost exact) amount. I got in and out to break even earlier this year.

Just look up the symbol CM-L on google finance and you can check it out for yourself. It appears as though you would have really only made a profit if you bought within the first year of it's release on the market, but if your getting into it now, the price looks like it will keep declining until it's 5 year term is up at the opening price of 25$. The YTD shows a dividend release of around 4.5% so far, yet the value of the stock is down at -3.61%, which really only gives you a 0.9% return (which can be beat by using a high interest savings account).

Ulic has good advice. It's been mentioned here lots of times, you don't really learn until you actually start. When it's your OWN money thats vanishing, you learn important lessons.. just like the lesson I just learned on preferred shares (of CM-L at least, can't say I know that this is true for all other preferreds out there). I'm sure you can read it up in some book somewhere, or even some obscure article online, and I'm sure I have probably even READ it myself prior to buying that specific share, I must have glazed over it, because if I had known I wouldn't be making much on the transaction, I would have just skipped over to the next best thing.

There is definitely a lot more to preferreds than just looking at yield. You have to look at yield to worst (your worst case scenario if the company redeems the share at the worst time possible for you), possibility of redemptions, and it's price relative to similar products.

On top of that there's the type of preferred (cumulative, non-cumulative, rate reset, perpetuals) that vastly change how the preferred functions and is redeemed by the issuer. If you're interested in preferred shares, go read up on this blog: PrefBlog and check out the pdf files on the side. Unless you bought the issue when it was issued, there's a lot more factors to consider than just the yield you see.