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. |
 | | 
12-10-2013, 09:17 PM
|
#8851 | | 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  Okay... so are you asking for help? Or asking because you think we all make foolish decisions with our investments based on rhe contents of financial statements you've reviewed?
Or are you just a simple person? Cause that's okay. Ask questions, I'm sure we can band together and coddle you through the first stages of losing money on the stock market aka Adult Casino. If you want investment advice I highly encourage you to remortgage your house and buy AMRN, I have made a small fortune off this stock, you can't go wrong, fully expect 1000% return in >3 months... and that's a worst case scenario.
...  | LOL Posted via RS Mobile | 
|  | |
12-11-2013, 08:57 PM
|
#8852 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Feb 2002 Location: Vancouver
Posts: 8,344
Thanked 3,986 Times in 1,538 Posts
Failed 35 Times in 27 Posts
|
Funny how I see nothing in this thread about AC-A/B (Air Canada) shares. Profit sharing through the company has been ridiculous profitable for me. I don't think it will stay, but I really wish I had invested at 87 cents like I had wanted too.
__________________
Crush - 1971 Datsun 240z - Build Thread
The Daily - Rav4 V6 - “Goldilocks”
| |
| | |
12-12-2013, 11:02 PM
|
#8853 | | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
Failed 59 Times in 28 Posts
| Quote:
Originally Posted by hud 91gt Funny how I see nothing in this thread about AC-A/B (Air Canada) shares. Profit sharing through the company has been ridiculous profitable for me. I don't think it will stay, but I really wish I had invested at 87 cents like I had wanted too. | Yeah, airlines are making record profits with fuel prices at what they are.
| |
| | |
12-13-2013, 07:42 AM
|
#8854 | | NOOB, Not Quite a Regular!
Join Date: Nov 2010 Location: Vancouver
Posts: 45
Thanked 6 Times in 3 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by kluk No, unless somehow you can prove that another bank is doing it. The 50k is a household minimum so if you live with your parents / siblings etc then you can pool in your resources and have multiple accounts + all trade for 9.99. | Why can't I open an account online? Everyone says they did it online, is it now changed?
| |
| | |
12-13-2013, 09:35 AM
|
#8855 | | RS.net, where our google ads make absolutely no sense!
Join Date: Sep 2009 Location: North Van
Posts: 911
Thanked 951 Times in 145 Posts
Failed 384 Times in 49 Posts
|
yeah I believe you have to go in. They want to make sure clients fund their accounts and not just open it and leave it dormant for years. Book an appt it only takes like 20mins. If you go apply in person you get your account number right away so you can start trading same day.
| |
| | |
12-13-2013, 07:19 PM
|
#8856 | | RS.net, where our google ads make absolutely no sense!
Join Date: Jan 2010 Location: rawr
Posts: 927
Thanked 1,324 Times in 249 Posts
Failed 132 Times in 58 Posts
|
What are you guys' opinion on IAMGOLD? Worth buying right now?
And AEF?
| |
| | |
12-14-2013, 11:05 AM
|
#8857 | | 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
|
I'm into the  U boat. It's the perfect retail play, they control the whole chain so you have vertical integration and their products cater to a subset of the population that is not price sensitive. People keep blaming Chip Wilson for his views yet if you have followed the guy since the beginning you will know he has always had strong opinions. I see more penetration of their product in the East Coast and they still have overseas and the male population to grow. It would be great to see their products on pro athletes - they're starting to sponsor marathons.
Would I buy lululemon clothing? Nope. I'm far too price sensitive.
| |
| | |
12-14-2013, 01:25 PM
|
#8858 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
|
what about the valuation? you think U is a little bit too expensive given the flat comps?
| |
| | |
12-14-2013, 04:49 PM
|
#8859 | | NOOB, Not Quite a Regular!
Join Date: Nov 2010 Location: Vancouver
Posts: 45
Thanked 6 Times in 3 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by kluk yeah I believe you have to go in. They want to make sure clients fund their accounts and not just open it and leave it dormant for years. Book an appt it only takes like 20mins. If you go apply in person you get your account number right away so you can start trading same day. | Do they hassle you with any questions or just simple sign up and go
| |
| | |
12-14-2013, 08:43 PM
|
#8860 | | 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 Infinitii Do they hassle you with any questions or just simple sign up and go | They didn't ask me many questions, though I did have to blow the bank manager.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
12-14-2013, 08:49 PM
|
#8861 | | 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
| Quote:
Originally Posted by Carl Johnson what about the valuation? you think U is a little bit too expensive given the flat comps? | valuation is insane from a value perspective but view it from a guy's perspective - Girls go nuts for U irrespective of price. It's a luxury brand worn by a ton of celebrities and girls with fit bodies. Outside of this class, we have people that aspire to be seen in the same light - fit, so it makes the perfect case that the company is geared for growth.
I'm only buying lulu to diversify out of mining.
| |
| | |
12-14-2013, 09:36 PM
|
#8862 | | 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 suzuka84 valuation is insane from a value perspective but view it from a guy's perspective - Girls go nuts for U irrespective of price. It's a luxury brand worn by a ton of celebrities and girls with fit bodies. Outside of this class, we have people that aspire to be seen in the same light - fit, so it makes the perfect case that the company is geared for growth.
I'm only buying lulu to diversify out of mining. | AAPL> U
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
12-15-2013, 09:02 PM
|
#8863 | | I subscribe to Revscene
Join Date: Jun 2006 Location: Vancouver
Posts: 1,909
Thanked 843 Times in 365 Posts
Failed 12 Times in 9 Posts
|
check our KORS if you're looking into fashion/luxury apparel tickers, great case study of a company exploiting its name as a major fashion house without diluting its brand.
Ever since I go in a bit over a year ago it's been exploding internationally in terms of sales growth and store openings. product line is super diversified with clothes, watches + jewelry, handbags and other leather goods. I know Lululemon is touted as a lifestyle brand, but it has nothing on Michael Kors in terms of reputation as a leading fashion house that really does sell a lifestyle - yes they're kinda different but brands like Lulu are sometimes limited by their niche. They sell waterbottles and yoga mats...but nothing really substantial like shoes, jewelry, etc. Another similar ticker would be COH, which was it's main competitor (in the stock market anyway) that almost does the same thing in terms of product line but falls way short in sales growth - probably because it seems to have lost its 'cool' factor these days.
In addition to it's ability to continually pump out solid earnings reports and forecasts I could go on an on about why this has been one of my darling picks in my portfolio, and why i can see big things for it in the future. then again, the fashion industry and the its customer base are extremely 'moody' and brands can crumble over a season or two (gurls lol) so I regularly check in with the gf who stays pretty current with this stuff. Could be a bit tippy now but it's worth keeping on your watch list if you're looking at other ways to diversify.
Last edited by dat_steve; 12-15-2013 at 09:07 PM.
| |
| | |
12-15-2013, 09:27 PM
|
#8864 | | RS.net, where our google ads make absolutely no sense!
Join Date: Sep 2009 Location: North Van
Posts: 911
Thanked 951 Times in 145 Posts
Failed 384 Times in 49 Posts
| Quote:
Originally Posted by Infinitii Do they hassle you with any questions or just simple sign up and go | Nope. Just go in and get out. Done in 15mins.
| |
| | |
12-16-2013, 12:25 AM
|
#8865 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
|
imo diversification is for people who don't know what they are doing. aren't you diversifying your returns at the same time? i think it explains why many fund managers underperform the indexes. one of the advantage of investing on your own is the ability to make concentrated bets on a limited number of companies and that you truly believe will do well in any macro environment and willing to hold onto it as long as the original investment thesis is still intact and valuation still make sense.
| |
| | |
12-16-2013, 10:16 AM
|
#8866 | | 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
|
I'm diversifying solely because I find it fun.
Most of my money is socked away into funds and my play money is in mining and vices. I've never owned a retailer before and it's slowly starting to dawn on me that the publicly traded companies in Vancouver (outside of the mining realm) do very well. I'm going to throw my money away anyway so I might as well throw it alongside companies which employ people I know.
| |
| | |
12-16-2013, 10:17 AM
|
#8867 | | 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
| Quote:
Originally Posted by jasonturbo AAPL> U | I own a whopping 30 shares of apple and purchased 6 months ago. I hope lulu is the apple of the retail sportswear industry
| |
| | |
12-18-2013, 07:48 PM
|
#8868 | | 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 jasonturbo Bitcoin is the greatest ponzi scam since Avon. | ...China delivers a pimp-slap to Bitcoin; Bitcoin is getting crushed after major blow from China | Financial Post Quote: |
The yuan-bitcoin exchange rate on BT China has dropped 46% from Monday, and 60% since a peak on Dec. 1. The exchange rate on rival platform FXBTC.com has fallen 70% from its Nov. 30 peak.
|
Unrelated to the above, AMRN D-Day is coming up quick... keep me in your prayers.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
12-18-2013, 11:41 PM
|
#8869 | | Rs has made me the man i am today!
Join Date: Feb 2002 Location: W.R.
Posts: 3,385
Thanked 2,101 Times in 351 Posts
Failed 29 Times in 18 Posts
| Quote:
Originally Posted by jasonturbo
Unrelated to the above, AMRN D-Day is coming up quick... keep me in your prayers.
| Friday will certainly be interesting.
Tempted to make a small bet on it at $1.60 as it seems that all the negative news has already been priced into the stock.
The recent CEO resignation and FDA's typical unwillingness to change direction are holding me back though.
Kev
Edit: In at $1.68.
Last edited by Roach; 12-19-2013 at 07:46 AM.
| |
| | |
12-19-2013, 08:08 PM
|
#8870 | | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
Failed 59 Times in 28 Posts
|
Big Risk Roach. Hope it pays off for you guys.
| |
| | |
12-20-2013, 02:30 AM
|
#8871 | | 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
|
Godspeed guys
| |
| | |
12-20-2013, 05:47 AM
|
#8872 | | 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
|
Amrn is up 20% pre market on big volume (for pm), so anyone who got in yesterday if you're just looking to make a quick 25% i hope you're awake for the open of trading!
News was that FDA is considering AMRN appeal of SPA and will rule on that Jan 15th, NDA PDUFA date is delayed until then with no confirmed new PDUFA date yet, could also be the 15th of Jan, likely shortly after though I would say.
Good news.
Posted via RS Mobile | |
| | |
12-20-2013, 06:03 AM
|
#8873 | | Rs has made me the man i am today!
Join Date: Feb 2002 Location: W.R.
Posts: 3,385
Thanked 2,101 Times in 351 Posts
Failed 29 Times in 18 Posts
|
^ I'm awake and happy to see the news.
It will be interesting to see how this plays out in price action. Realistically this should put the stock near pre-adcom levels but that seems like quite a mountain to overcome from $1.6x.
I'm expecting price action today in the $1.9-$2.2 range with a continuation on Monday to $2.40-$2.50 where it will be met with major resistance.
FDA's reconsidered viewpoint bodes well for some sort of conditional approval (I'm guessing warning label).
At this point the downside is limited and should an additional revenue stream open up the upside is huge.
Kev
| |
| | |
12-20-2013, 07:12 AM
|
#8874 | | 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 Roach ^ I'm awake and happy to see the news.
It will be interesting to see how this plays out in price action. Realistically this should put the stock near pre-adcom levels but that seems like quite a mountain to overcome from $1.6x.
I'm expecting price action today in the $1.9-$2.2 range with a continuation on Monday to $2.40-$2.50 where it will be met with major resistance.
FDA's reconsidered viewpoint bodes well for some sort of conditional approval (I'm guessing warning label).
At this point the downside is limited and should an additional revenue stream open up the upside is huge.
Kev | So far it's holding at +25%, I expected it to fade a bit...
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
12-20-2013, 08:56 AM
|
#8875 | | 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
|
BBRY posts Q3 loss of 4.4B :s That's more than their 3.5B market cap lol
Sure they have 3.2B in Cash/equivalents but how is that going to look next quarter, or the one after that? etc.
I know my AMRN track record would suggest I probably shouldn't give any advice (I should get a break for getting long cocked by the FDA), but jesus, how can anyone justify owning BBRY?????? Feel bad for anyone who gets suckered into buying that garbage. You don't need to know anything about finances to know they are done, you just need to be a smartphone user to understand why BBRY is beat.
/end modest rant
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | | |
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 05:21 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!
