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11-04-2014, 07:41 AM
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#9076 | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,814
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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 $93.
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11-04-2014, 09:39 AM
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#9077 | I contribute to threads in the offtopic forum
Join Date: Apr 2001 Location: VAN/RMD/BBY
Posts: 2,596
Thanked 1,022 Times in 450 Posts
Failed 54 Times in 30 Posts
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Been taking advantage of the volatility and flipping Canadian telcos. I'm still thanking my lucky stars that I wasn't holding oil and gas stocks last month even though it was a huge part of my holdings in the first half of the year. |
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11-04-2014, 05:41 PM
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#9078 | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
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Haven't posted for a while.. but I've been doing the couch potato strategy (with my own style of asset allocation). 60% in on VTI (vanguard total stock exchange). Bought a LOT in late 2012 for 70$/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.
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11-06-2014, 03:47 AM
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#9079 | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,814
Thanked 2,901 Times in 1,248 Posts
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So the price is in CAD while dividen is paid in USD?
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11-06-2014, 06:57 AM
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#9080 | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
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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.
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11-06-2014, 08:13 AM
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#9081 | 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
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Originally Posted by hud 91gt 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 | hope you're still holding brahhhh
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11-06-2014, 10:44 AM
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#9082 | RS.net, helping ugly ppl have sex since 2001
Join Date: Feb 2002 Location: Vancouver
Posts: 8,348
Thanked 3,990 Times in 1,540 Posts
Failed 35 Times in 27 Posts
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Originally Posted by dat_steve hope you're still holding brahhhh | Damn rights
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11-06-2014, 11:04 AM
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#9083 | RS.net, helping ugly ppl have sex since 2001
Join Date: Oct 2005 Location: Revscene
Posts: 9,635
Thanked 7,688 Times in 2,580 Posts
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Thinking of trading my position in FB for BABA
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2009 BMW 128i - Daily Driver
2007 Toyota Rav4 Sport V6 - Sold
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1990 Mazda Miata - Sold 100% Buy and Sell Feedback |
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11-06-2014, 11:34 AM
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#9084 | RS.net, helping ugly ppl have sex since 2001
Join Date: Feb 2010 Location: Vancouver
Posts: 9,428
Thanked 3,722 Times in 1,828 Posts
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-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. Press Releases - News - Stockhouse
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Go Canucks go!
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11-06-2014, 12:35 PM
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#9085 | Everyone wants a piece of R S...
Join Date: Jul 2013 Location: burnaby
Posts: 394
Thanked 143 Times in 67 Posts
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Originally Posted by Hehe 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!
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11-06-2014, 08:17 PM
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#9086 | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,814
Thanked 2,901 Times in 1,248 Posts
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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.
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Last edited by Hehe; 11-06-2014 at 08:23 PM.
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11-11-2014, 03:38 AM
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#9087 | Revscene.net has a homepage?!
Join Date: Nov 2004 Location: Surrey
Posts: 1,230
Thanked 1,154 Times in 141 Posts
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Originally Posted by Hehe 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?
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11-11-2014, 06:15 AM
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#9088 | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,814
Thanked 2,901 Times in 1,248 Posts
Failed 627 Times in 199 Posts
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Originally Posted by gq2xtc 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.
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11-11-2014, 11:30 AM
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#9089 | Need my Daily Fix of RS
Join Date: Apr 2013
Posts: 282
Thanked 170 Times in 68 Posts
Failed 15 Times in 5 Posts
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Originally Posted by Hehe 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?
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11-11-2014, 02:22 PM
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#9090 | I *Fwap* *Fwap* *Fwap* to RS
Join Date: May 2007 Location: Burnaby
Posts: 1,518
Thanked 1,536 Times in 427 Posts
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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)?
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11-12-2014, 04:19 AM
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#9091 | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,814
Thanked 2,901 Times in 1,248 Posts
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Originally Posted by DGN23 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.
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11-12-2014, 10:01 AM
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#9092 | Revscene.net has a homepage?!
Join Date: Feb 2005 Location: Vancouver
Posts: 1,296
Thanked 522 Times in 194 Posts
Failed 87 Times in 37 Posts
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Originally Posted by DGN23 Is that a TFSA account? | I think most major banks have this price, for most equity trades
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11-18-2014, 02:23 AM
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#9093 | I don't get it
Join Date: Oct 2004
Posts: 424
Thanked 127 Times in 8 Posts
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Originally Posted by jackmeister I think most major banks have this price, for most equity trades | $6.95 at CIBC with no min. balance.
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11-20-2014, 02:32 PM
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#9094 | Revscene.net has a homepage?!
Join Date: Sep 2008 Location: nowhere
Posts: 1,233
Thanked 792 Times in 158 Posts
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Anyone got into HABT IPO? I got in @ 32. Hoping to let it go tomorrow for a quick flip.
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11-26-2014, 07:57 AM
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#9095 | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
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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."
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11-26-2014, 10:47 AM
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#9096 | 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
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Originally Posted by waddy41 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.
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11-28-2014, 09:18 AM
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#9097 | ninja edits your posts without your knowledge
Join Date: Jan 2004 Location: Vancouver
Posts: 14,997
Thanked 6,370 Times in 1,795 Posts
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Well, I hope thanksgiving was good for you guys holding oil and energy because you guys got smashed.
Time to buy BTE and SU!
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12-01-2014, 12:43 AM
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#9098 | I don't get it
Join Date: Mar 2008 Location: burnaby
Posts: 426
Thanked 59 Times in 41 Posts
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it has finally come time to dump my Apple and gaming companies to hold mining and o&g stocks for the long haul
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12-04-2014, 05:26 AM
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#9099 | 14 dolla balla aint got nothing on me!
Join Date: Apr 2004 Location: Vancouver
Posts: 688
Thanked 1,286 Times in 133 Posts
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I'm so glad I dumped my TSLA n FB shares just last week. Should've dumped TSLA when it almost reach $300
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12-04-2014, 08:05 AM
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#9100 | ninja edits your posts without your knowledge
Join Date: Jan 2004 Location: Vancouver
Posts: 14,997
Thanked 6,370 Times in 1,795 Posts
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GG COS
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