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. |
 | | 
01-14-2014, 03:12 PM
|
#8901 | | I Will not Admit my Addiction to RS
Join Date: May 2011 Location: vancouver
Posts: 532
Thanked 422 Times in 70 Posts
Failed 68 Times in 16 Posts
|
Being a car forum and all, anyone holding Tesla? Jumped 15-16 percent.
| 
|  | |
01-14-2014, 06:47 PM
|
#8902 | | 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
|
@ Roach. Regarding Kandi, where would you price target be? It's already risen by over 66% in the last month. Definitely an interesting buy.
Anyway, sold my position for IMG today @ $4.30, bought at $3.72 last Thursday.
Tesla has so much momentum today. Think it'll hit $170 tomorrow?
Posted via RS Mobile | |
| | |
01-14-2014, 07:35 PM
|
#8903 | | 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 highfive  Same question...$40k on this?
Damn...
Looks like the drug isn't FDA approved yet, would you short it back to $40?  | Lol, you would have made a killing if you shorted it. Unless you did? | |
| | |
01-14-2014, 07:51 PM
|
#8904 | | 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
| Quote:
Originally Posted by subordinate Lol, you would have made a killing if you shorted it. Unless you did? | LOL NOPE! I wish... I wouldn't be surprised if it jumped to $500 or close to 550. Didn't know the run end so fast. lol
| |
| | |
01-14-2014, 08:18 PM
|
#8905 | | 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
|
I'm still kicking around
CCB-V (Graphite)
LXV-V (social media play)
Looking at PYR-V & LOY.V (they have English schools for internationals, and only recently started to acquire rental suites. Looks very promising)
| |
| | |
01-14-2014, 08:20 PM
|
#8906 | | Need my Daily Fix of RS
Join Date: Apr 2013
Posts: 282
Thanked 170 Times in 68 Posts
Failed 15 Times in 5 Posts
|
I don't know what side of the fence to stand on with Tesla lately. I bought in back in Dec. 12' at $32 and sold at $170. Had a good ride and made some great profit. Now though I'm just not sure it will make another big run so quickly. Could be a great long play though. Supposed to see a new model this year and there is talks of a F-150 competitor down the line.
| |
| | |
01-14-2014, 10:05 PM
|
#8907 | | 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
|
Those weeklies did like 1000% on tsla on a Tuesday. On a thursday /friday that would be 3000-5000% ... ridiculous and it was an easy move to catch too honestly
| |
| | |
01-15-2014, 01:12 PM
|
#8908 | | 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 decision delayed lol.. Shareholders went from having a date, to having nothing lol.
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
01-15-2014, 02:27 PM
|
#8909 | | 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 rawr @ Roach. Regarding Kandi, where would you price target be? It's already risen by over 66% in the last month. Definitely an interesting buy.
Posted via RS Mobile | A little late to reply to this.
My exit point was $15 as I don't like to hold things too long. Although it hit that point late in the day today I am holding on for a bit of continuation tomorrow morning.
Assuming I cash out tomorrow I will try to re-enter on a dip and play for a run-up to earnings.
Kev
| |
| | |
01-15-2014, 02:33 PM
|
#8910 | | 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 AMRN decision delayed lol.. Shareholders went from having a date, to having nothing lol. | That's both disappointing and encouraging at the same time. Would have been nice to have had a definitive answer at this point, however, the continued delay makes me think that it's not going to be a definitive no when a decision is reached.
I wonder whether this issue was at all political and whether the prior CEO's resignation was necessary for the FDA to move forward.
With that being said, you're not far off your average now. One decent piece of news and you could stand to be back in the black.
Kev
| |
| | |
01-15-2014, 05:35 PM
|
#8911 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Mar 2002 Location: Lollipop Lane
Posts: 8,529
Thanked 194 Times in 97 Posts
Failed 11 Times in 7 Posts
|
this is a long FDA play if anyone is interested, PVCT, uses rose bengal (eye drop stain) to cause cancer cells to die, also cream for eczema and psoriarsis treatment
__________________
Its Klobbering Time!
| |
| | |
01-16-2014, 01:07 PM
|
#8912 | | 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
|
ASG holy.
| |
| | |
01-16-2014, 04:47 PM
|
#8913 | | 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
|
Quick question for you guys:
Is there such thing as a USD TFSA direct trading account? (specifically with TD waterhouse)
backstory:
My understanding is that in order to trade a ticker under a US exchange, say GOOG, I would buy the shares with my current TFSA trading account which is in CDN. So i would therefore take an FX hit upon purchase as well as one upon selling.
| |
| | |
01-16-2014, 05:22 PM
|
#8914 | | 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 dat_steve Quick question for you guys:
Is there such thing as a USD TFSA direct trading account? (specifically with TD waterhouse)
backstory:
My understanding is that in order to trade a ticker under a US exchange, say GOOG, I would buy the shares with my current TFSA trading account which is in CDN. So i would therefore take an FX hit upon purchase as well as one upon selling. | Didn't do a search for the other brokerages but https://www.virtualbrokers.com/contents.aspx?page_id=20 Quote:
Tax-Free Saving Account (TFSA)
The Tax-Free Savings Account (TFSA) is a registered savings account that enables you to earn investment income tax-free, subject to certain condition and limitations. For full details and eligible investments please visit Canada Revenue Agency website (Canada Revenue Agency Web site / Site Web de l'Agence du revenu du Canada). US TFSA is a new type of TFSA that comes with all the tax advantages of a regular TFSA, but is denominated in US currency. This feature allows trading in US denominated instruments without worrying about forced foreign currency conversions (FX Hits) that typically erode trading profits. | | |
| | |
01-16-2014, 06:06 PM
|
#8915 | | 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 dat_steve Quick question for you guys:
Is there such thing as a USD TFSA direct trading account? (specifically with TD waterhouse)
backstory:
My understanding is that in order to trade a ticker under a US exchange, say GOOG, I would buy the shares with my current TFSA trading account which is in CDN. So i would therefore take an FX hit upon purchase as well as one upon selling. | Call TD Waterhouse and they can set up this thing for you where every time you sell a stock in USD, rather than converting it back into CAD it will purchase US$ money market funds. When you decide to purchase more US stocks again you can then directly use the US$ money market funds. It's the best way to avoid converting currencies twice and still give you the flexibility.
Don't quote me on this but I believe this process is called "washing your trades"
| |
| | |
01-16-2014, 06:20 PM
|
#8916 | | 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
|
^ yup, i can vouch for that--it's called currency wash. it's not openly advertised since the bank makes money from the exchange, but call in and they'll be happy to do it for you.
anyway, what are you guys' outlook? market seems very high and quite a lot of stocks are hitting multi-year highs. any one found nice gems?
i am deciding if i should pull the trigger on Ford, their recent drop makes it seem kinda attractive at current prices, comparing their p/e to other automakers like gm or toyota.
also, anyone investing in uranium stocks? im currently in CCJ/CCO, URZ, URE... thoughts?
| |
| | |
01-16-2014, 10:39 PM
|
#8917 | | WOAH! i think Vtec just kicked in!
Join Date: Apr 2004 Location: Vancouver
Posts: 1,687
Thanked 731 Times in 294 Posts
Failed 76 Times in 29 Posts
| Quote:
Originally Posted by rawr also, anyone investing in uranium stocks? im currently in CCJ/CCO, URZ, URE... thoughts? | I own DML and CCO. DML I finally am in the black after averaging down and holding it for god knows how long. CCO I'm up 20%.
I dont know whether to stay or sell some of my holdings. uranium prices are at lows but everyone is expecting uranium prices to go up which has lead to the run up.
I see a lot of up side for DML if uranium prices do go up. I cant see a world without nuclear energy. China has a lot of demand and if Japan starts up again I can only see uranium prices going up. Uranium spot prices are at LOWs, there's only one way it can go and that's up imho.
| |
| | |
01-17-2014, 06:36 AM
|
#8918 | | 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 iEatClams I own DML and CCO. DML I finally am in the black after averaging down and holding it for god knows how long. CCO I'm up 20%.
I dont know whether to stay or sell some of my holdings. uranium prices are at lows but everyone is expecting uranium prices to go up which has lead to the run up.
I see a lot of up side for DML if uranium prices do go up. I cant see a world without nuclear energy. China has a lot of demand and if Japan starts up again I can only see uranium prices going up. Uranium spot prices are at LOWs, there's only one way it can go and that's up imho. | If you're willing to hold long uranium stocks should be alright, CCO would be the obvious choice IMO.
A little sketchy IMO to start long positions now though, even if Uranium starts to pop in say 1-2 years, the greater markets could be correcting by then (I say correcting because it's pretty clear the NA economy is still #&$@ed.. and it's been 5+ years since things last came apart at the seams, so the next part of the cycle could start soon).
I'm thinking that the spring sell off this year will be significant, if equities are down in spring, and precious metals etc. are up I will be thinking it's time to get the F out of markets for a while... meh, it's a matter of opinion I suppose.
GL to all!
__________________ Quote: |
Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
| | |
01-17-2014, 09:22 AM
|
#8919 | | 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
|
If you think the markets will correct then you're selling amrn? 
But I do agree with you, the saying, "sell in may, go away" is a self fulfilling quote from TIME to TIME.
And I agree, markets are heated. Then again...sometimes..being long is how you make money. Not too long..but long.
| |
| | |
01-17-2014, 10:09 AM
|
#8920 | | 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
| Quote:
Originally Posted by kluk Don't quote me on this but I believe this process is called "washing your trades" | awesome. calling in today to set that up but the low dollar is causing my inner cheap-o to not buy USD until it ticks back up a bit...which probably won't be a while. saw on the news that economists are expecting it to drop to 83-83 wtf!
| |
| | |
01-17-2014, 03:09 PM
|
#8921 | | 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
|
Insane, anyone catch the min.v play? Incredibly good PFS released, stock goes from .10 cents to .55close, 355% in a day. And likely a gap up on Monday.
I flipped for a couple of pizzas, but regret not holding over the weekend now. The heavy buying until EOD makes me think it's going to gap up on Monday.
| |
| | |
01-17-2014, 05:36 PM
|
#8922 | | 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's everyone's opinion on gold? gold miners shot up today... thinking about getting onto the bandwagon lol--ishares and spdr gold etfs?
what about other commodities? 2014 is supposedly a good year for canadian commodities... currently in COS, SU, ECA in addition to the uranium miners
| |
| | |
01-21-2014, 02:19 PM
|
#8923 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Mar 2002 Location: Lollipop Lane
Posts: 8,529
Thanked 194 Times in 97 Posts
Failed 11 Times in 7 Posts
| Quote:
Originally Posted by Klobbersaurus this is a long FDA play if anyone is interested, PVCT, uses rose bengal (eye drop stain) to cause cancer cells to die, also cream for eczema and psoriarsis treatment | posted this msg on jan 15 when the stock was 2.70ish, today it closed at 4.20, hope someone bought some of this stock
__________________
Its Klobbering Time!
| |
| | |
01-22-2014, 11:16 PM
|
#8924 | | 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
| Quote:
Originally Posted by Klobbersaurus posted this msg on jan 15 when the stock was 2.70ish, today it closed at 4.20, hope someone bought some of this stock | wow...definitely beating myself up for not picking a few shares up.. congrats dude!
| |
| | |
01-23-2014, 03:43 PM
|
#8925 | | 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 rawr wow...definitely beating myself up for not picking a few shares up.. congrats dude! | Considering it closed at 1.87 today I'm not sure you should really feel all that bad lol... (Unless of course you sold at the right time)
__________________ 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 03:02 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!
