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Hehe 11-04-2014 06:41 AM

Anyone has any update on their investment?

I am still holding my TSM that I bought at 19.83. And the BABA that I bought off my in-law (he used to work for Alibaba, and had about 1000 shares... so I asked him to not sell the stock and I would give him cash for them) is doing nicely. I bought them just a bit under the first day closing price... about $93.

Spoon 11-04-2014 08:39 AM

Been taking advantage of the volatility and flipping Canadian telcos. I'm still thanking my lucky stars that I wasn't holding oil and gas stocks last month even though it was a huge part of my holdings in the first half of the year. :toot:

SiRV 11-04-2014 04:41 PM

Haven't posted for a while.. but I've been doing the couch potato strategy (with my own style of asset allocation). 60% in on VTI (vanguard total stock exchange). Bought a LOT in late 2012 for 70$/share and currently sitting at 118$/share (CAD$) in my account... with quarterly USD dividend as well!

It's a nice ETF ... not much volatility holds over 3500 stocks and I finally stopped watching that garbage known as financial news!

If anyone interested... look up "Canadian couch potato", your life will be changed.

Hehe 11-06-2014 02:47 AM

So the price is in CAD while dividen is paid in USD?

SiRV 11-06-2014 05:57 AM

VTI - the price is actually listed as USD on the stock exchange - I just listed my "buy prices" as reflected on my bank statement (which is in CAD). Dividends are paid in USD (tip2: if you are purchasing in a non-registered account you'll get charged foreign withholding taxes, this can be avoided in RRSP only .. not TFSA)

If you want the CAD equivalent, you can purchase this.. it's exactly the same fund as VTI, except you can purchase it in CAD dollars on the exchange without bank foreign exchange fees:
https://www.vanguardcanada.ca/indivi...tm?portId=9551

more info on VTI:
https://personal.vanguard.com/us/fun...FundIntExt=INT

The CAD listed symbol charges a slightly higher MER, and withholding taxes are kind of embedded into the fund when they distribute their dividends.

dat_steve 11-06-2014 07:13 AM

Quote:

Originally Posted by hud 91gt (Post 8541465)
Finally started playing around with my own money. So far i've only had balls to invest in my own company. Over the last 2 weeks it hasn't been pretty. What can you expect from a hugely volatile company. I expect big changes over the next month. AC.B

:toot: hope you're still holding brahhhh

hud 91gt 11-06-2014 09:44 AM

Quote:

Originally Posted by dat_steve (Post 8553225)
:toot: hope you're still holding brahhhh

Damn rights ;)

sonick 11-06-2014 10:04 AM

Thinking of trading my position in FB for BABA :considered:

pastarocket 11-06-2014 10:34 AM

-happy that I bought shares of Sierra Wireless (T.SW) for my TFSA. Their Q3 earnings report was awesome! Earnings up 27.6% compared to Q3 from 2013. Stock price is up more than 7 bucks from yesterday. :woot2:

Press Releases - News - Stockhouse

RickyTan3 11-06-2014 11:35 AM

Quote:

Originally Posted by Hehe (Post 8552235)
Anyone has any update on their investment?

I am still holding my TSM that I bought at 19.83. And the BABA that I bought off my in-law (he used to work for Alibaba, and had about 1000 shares... so I asked him to not sell the stock and I would give him cash for them) is doing nicely. I bought them just a bit under the first day closing price... about $93.

Good call.

I decided to sell off my positions in AAPL and slam BABA. glad I did!

Hehe 11-06-2014 07:17 PM

Sold my 3000 shares in INFN today at 13.76. Average cost for the 3000 shares was 7.21.

I think the price is a bit too high now. It's probably better to take some profit. Although should have done it sooner, it was over 14 just a week ago.

It's a great stock IMO. I have bought and sold it many times through the years. But the price now is just a bit too much.

P0NYB0Y 11-11-2014 02:38 AM

Quote:

Originally Posted by Hehe (Post 8553481)
Sold my 3000 shares in INFN today at 13.76. Average cost for the 3000 shares was 7.21.

I think the price is a bit too high now. It's probably better to take some profit. Although should have done it sooner, it was over 14 just a week ago.

It's a great stock IMO. I have bought and sold it many times through the years. But the price now is just a bit too much.

what platform do you use to trade with?

Hehe 11-11-2014 05:15 AM

Quote:

Originally Posted by gq2xtc (Post 8555150)
what platform do you use to trade with?

I just use RBC... $9.95 per transaction.

There are cheaper places out there, but just for convenience sake of linking all my accounts together.

DGN23 11-11-2014 10:30 AM

Quote:

Originally Posted by Hehe (Post 8555157)
I just use RBC... $9.95 per transaction.

There are cheaper places out there, but just for convenience sake of linking all my accounts together.

Is that a TFSA account?

SoNaRWaVe 11-11-2014 01:22 PM

sorry if this isn't the right thread, but i am a total noob at this.

i had some options that were expiring and i set a limit to sell at $78.00. today, it reached a high of 78.20 so i went into my account and now the pending exercise says it is filled.

does it mean that it sold? and i know this might be dependent on who you deal with, does it take a few days before the cash shows up in the stock account (not bank account)?

Hehe 11-12-2014 03:19 AM

Quote:

Originally Posted by DGN23 (Post 8555208)
Is that a TFSA account?

I have a TFSA setup too. But with the allowable contribution each year, I can hardly buy anything. I have one stock that's purchased by the TFSA fund, but that's it.

jackmeister 11-12-2014 09:01 AM

Quote:

Originally Posted by DGN23 (Post 8555208)
Is that a TFSA account?

I think most major banks have this price, for most equity trades

Beilei 11-18-2014 01:23 AM

Quote:

Originally Posted by jackmeister (Post 8555595)
I think most major banks have this price, for most equity trades

$6.95 at CIBC with no min. balance.

3klipze 11-20-2014 01:32 PM

Anyone got into HABT IPO? I got in @ 32. Hoping to let it go tomorrow for a quick flip.

waddy41 11-26-2014 06:57 AM

I wanted to short SMF @ $3.70 but RBC didn't let me. Can anyone shed some light?

"When trades are rejected for short sales, insufficient margin is not the only reason why such trades can be rejected. In the case of a short sale, you are borrowing shares from the firm's inventory to sell on the open market.

For instance, our record shows that your short sell order today from 9:50am Eastern was rejected as there was an insufficient number of shares available in our inventory."

highfive 11-26-2014 09:47 AM

Quote:

Originally Posted by waddy41 (Post 8561153)
I wanted to short SMF @ $3.70 but RBC didn't let me. Can anyone shed some light?

"When trades are rejected for short sales, insufficient margin is not the only reason why such trades can be rejected. In the case of a short sale, you are borrowing shares from the firm's inventory to sell on the open market.

For instance, our record shows that your short sell order today from 9:50am Eastern was rejected as there was an insufficient number of shares available in our inventory."

You just answered yourself. There are in sufficient shares available for you to short. Or not enough shares for you to borrow to sell.

CRS 11-28-2014 08:18 AM

Well, I hope thanksgiving was good for you guys holding oil and energy because you guys got smashed.

Time to buy BTE and SU!

suzuka84 11-30-2014 11:43 PM

it has finally come time to dump my Apple and gaming companies to hold mining and o&g stocks for the long haul

K.Dubz 12-04-2014 04:26 AM

I'm so glad I dumped my TSLA n FB shares just last week. Should've dumped TSLA when it almost reach $300

CRS 12-04-2014 07:05 AM

GG COS


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