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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. |
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08-06-2013, 06:03 PM
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#8701 | | 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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i really wanna add more shorts to the metals...
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08-08-2013, 08:48 AM
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#8702 | | 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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FWIW; Watch MSFT
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08-15-2013, 06:24 PM
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#8703 | | 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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I do believe AMRN has already bottomed, just my .02
If I'm right, the run up to Dec 20th approval date should be easy 100-400%.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
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08-16-2013, 09:38 AM
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#8704 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
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Still not touching it....
Posted via RS Mobile | |
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08-26-2013, 09:31 AM
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#8705 | | Revscene.net has a homepage?!
Join Date: Sep 2008 Location: nowhere
Posts: 1,233
Thanked 792 Times in 158 Posts
Failed 49 Times in 13 Posts
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08-26-2013, 10:13 PM
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#8706 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
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Originally Posted by 3klipze  | Good situation for him, but bad learning experience... He will get burned big one day
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08-27-2013, 02:53 AM
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#8707 | | Captain Happy Bubble is my Homeboy
Join Date: Aug 2005 Location: Coquitlam
Posts: 304
Thanked 93 Times in 13 Posts
Failed 0 Times in 0 Posts
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I noticed precious metals is down to where it was in 2008, is it a good time to buy?
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08-28-2013, 03:26 AM
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#8708 | | 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
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With my morals out of the window..
Who's making money from this war speculation ?
- short play on the us indices or us large caps
- long play on crude oil
Anyone ?
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08-28-2013, 06:57 PM
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#8709 | | I don't get it
Join Date: Mar 2008 Location: burnaby
Posts: 426
Thanked 59 Times in 41 Posts
Failed 40 Times in 9 Posts
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it's def a good time to buy mining stocks.
i bought barrick and potash a few weeks ago. potash got crushed by the cartel breakup but my barrick gains more than cover the potash loss.
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08-28-2013, 10:29 PM
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#8710 | | 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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CPT is a good buy right now, coal mining, 29 cents a share. Production should be starting soon.
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08-29-2013, 04:37 PM
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#8711 | | RS controls my life!
Join Date: Apr 2008 Location: vancouver
Posts: 780
Thanked 234 Times in 59 Posts
Failed 36 Times in 11 Posts
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^
I'm new to the stock game but I just bought some CPT stock to try out. What would be a good price to sell it at from your opinion?
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08-29-2013, 06:31 PM
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#8712 | | 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 red_2 ^
I'm new to the stock game but I just bought some CPT stock to try out. What would be a good price to sell it at from your opinion? |  You just bought solely on somebody else's recommendation?
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08-29-2013, 08:32 PM
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#8713 | | RS controls my life!
Join Date: Apr 2008 Location: vancouver
Posts: 780
Thanked 234 Times in 59 Posts
Failed 36 Times in 11 Posts
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Its only 29 cents so I just bought 200 shares. I wanted to try buying something since I've never used a web broker account before.
I was scrolling down revscene and saw his post and thought what the heck! I'll give it a try.
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08-29-2013, 08:54 PM
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#8714 | | 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 red_2 Its only 29 cents so I just bought 200 shares. I wanted to try buying something since I've never used a web broker account before.
I was scrolling down revscene and saw his post and thought what the heck! I'll give it a try. | What a horrendous way to start your trading journey, It will not last long if you continue this way.
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08-29-2013, 11:40 PM
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#8715 | | 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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Haha. Hold on to it, it will go up, be patient. I have OVER 9000 posts. Pretty sure I know a thing or two about the internets.
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09-02-2013, 06:32 PM
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#8716 | | My AFC gave me an ABS CEL code of LOL while at WOT!
Join Date: Mar 2004 Location: LANGFORD!
Posts: 1,883
Thanked 1 Time in 1 Post
Failed 0 Times in 0 Posts
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Pulled this off yahoo... My bear plan... figured it might be useful to someone.
Direxion Daily S&P 500 Bear 3x ETF (SPXS): For those with the highest appetite for risk, besides investors who are willing to short stocks, the SPXS can be considered for heavily leveraged bearish exposure among large cap stocks. SPXS, formerly the Direxion Daily Large Cap Bear 3X fund, seeks daily investment results before fees and expenses of 300% of the inverse of the price performance of the S&P 500 Index. As with other funds, there is no guarantee the fund will meet its stated investment objective and is subject to slippage as described above. The fund also has a higher 1.14% annual expense ratio.
The SPXS management team likes to create short positions by investing at least 80% of its net assets in: futures contracts; options on securities, indices and futures contracts; equity caps, collars and floors; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide leveraged and unleveraged exposure to the S&P 500. Given this approach, in times of market sell-offs, the SPXS will deliver outsized returns. Thus, this fund should be considered by those who seek to profit from panic that could result from a fast sell-off that jolts the market.
SPXS has average daily volume of 3.1 million shares exchanging hands.
Direxion Daily Small Cap Bear 3X Shares (TZA): This is my favorite way to invest in a bear market short term. It is also of the highest risk category given its leveraged nature. TZA management seeks daily investment results of 300% of the inverse of the price performance of the Russell 2000 Index (also known as the small cap index). The Russell 2000 (IWM) measures the performance of the small-cap segment of the United States equity universe and consists of the smallest 2,000 companies in the Russell 3000 Index, representing approximately 10% of the total market capitalization of the Russell 3000 Index. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.
TZA actually does not invest in equity securities or stocks. What TZA does is creates short positions by investing at least 80% of its net assets in financial instruments to provide leveraged and unleveraged exposure to the small cap index and the remainder in money market instruments. TZA recently underwent a reverse split, thus it seems to be trading higher than in the past. average daily volume of 6.5 million shares.
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05 350Z Touring
Last edited by PhEnX; 09-02-2013 at 06:35 PM.
Reason: D'oh
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09-05-2013, 07:39 PM
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#8717 | | 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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Any thoughts on shorting Tesla? Looking at Dec 21 expiration or beyond.
Side note: When I said that I believe AMRN had already bottomed (posted on the 16th of Aug), it closed @ $6.00, today it hit 7.50$ AH. +25%... figured out my Avg @ $7.87 (Lots of averaging down), it's been a long time since I was green on this stock lol.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life |
Last edited by jasonturbo; 09-05-2013 at 07:44 PM.
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09-06-2013, 02:44 PM
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#8718 | | 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
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Originally Posted by jasonturbo Any thoughts on shorting Tesla? Looking at Dec 21 expiration or beyond.
Side note: When I said that I believe AMRN had already bottomed (posted on the 16th of Aug), it closed @ $6.00, today it hit 7.50$ AH. +25%... figured out my Avg @ $7.87 (Lots of averaging down), it's been a long time since I was green on this stock lol. | As a holder of Tesla at $20. I think this is a momentum stock. The fundamentals do not support the price at all. As with any stock, timing is everything.
Btw, I sold at ~$25  | |
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09-11-2013, 04:41 PM
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#8719 | | I answer every Emotion with an emoticon
Join Date: Feb 2005 Location: somewhere
Posts: 7,906
Thanked 2,485 Times in 1,007 Posts
Failed 1,234 Times in 307 Posts
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any good virual stock trading website for a novice/noob to learn on?
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09-20-2013, 12:40 PM
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#8720 | | 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
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Bring back z-33.  | |
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09-23-2013, 12:07 PM
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#8722 | | 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
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Originally Posted by shawnly1000 | We shall see if there will be a bidding war on this one. Letter of intent signed. BBRY open to other offers until November 4.
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09-23-2013, 12:14 PM
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#8723 | | 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 will068 We shall see if there will be a bidding war on this one. Letter of intent signed. BBRY open to other offers until November 4. | IMO; don't think there'll be any other offers; been so many rumored offers/interests from technology suitors (MSFT, AMZN, etc) that didn't come to fruition; any competing offers would now have to be above Fairfax's. Have a feeling that the decision to write down/report the huge loss was part of the M&A/disclosure/DD part of the deal :S
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09-23-2013, 05:51 PM
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#8724 | | 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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Oddly I was thinking about shorting BBRY this morning lol Good thing I don't have any money to spend or I would have been throwing my pennies down a well.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
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10-01-2013, 10:29 PM
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#8725 | | Rs has made me the woman i am today!
Join Date: Jan 2011 Location: Vancouver DT
Posts: 4,322
Thanked 2,797 Times in 916 Posts
Failed 1,257 Times in 270 Posts
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you guys looking for good long term share holding for Gold...i demand you invest into this company. Pretivm - Investors - Stock Info
i work in the mining industry and if you want details...oh pm me if your serious and i can tell you what I've saw.
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