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-   -   STOCK MARKET Thread (https://www.revscene.net/forums/374823-stock-market-thread.html)

wouwou 06-10-2008 08:40 PM

Quote:

Originally Posted by fuzzy*panda (Post 5892958)
Consumer price index friday 5:30 am PST... black friday's the shorter's dream day

That's why I am looking at gold too:D

7seven 06-11-2008 06:44 AM

PON at $4.15, hit $4.49 earlier. I thought I was late getting in at $1.38, had second thoughts. Up over $87k in a week just on PON, time to cash out? mmmmm

popnGEAR 06-11-2008 09:21 AM

^^

Where do you guys do your research on what and when to buy/sell? All these companies I've never even heard about :(

7seven 06-12-2008 05:43 AM

GM halted this morning. Should be pending news release about the coal permits :)

7seven 06-12-2008 06:28 AM

Good thing I took my profits on PON yesterday :)

TurtMcDirt 06-12-2008 08:32 AM

wow i'm glad i got into GM. nice tips 7seven. thanks ;)

chun 06-12-2008 08:41 AM

More about PON:
http://canadianfinancing.com/mining/....php?pid=25320

Supa.Azn 06-12-2008 09:24 AM

Quote:

Originally Posted by 7seven (Post 5895441)
GM halted this morning. Should be pending news release about the coal permits :)

whats your short term price on GM? or a good sell point.

7seven 06-12-2008 09:54 AM

Quote:

Originally Posted by Supa.Azn (Post 5895572)
whats your short term price on GM? or a good sell point.

Word around is that GM is getting into the potash game too. I'll wait to see what happens when trading resumes. NR should be out after market close today.

Supa.Azn 06-12-2008 11:45 PM

Quote:

Originally Posted by 7seven (Post 5895607)
Word around is that GM is getting into the potash game too. I'll wait to see what happens when trading resumes. NR should be out after market close today.

"Alix Resources Corp. and Geo Minerals Ltd. Acquire Potash Rights Including Land Bordering Potash North Resource Corp."

what once again your right on the money. Will be interesting to see where this S/P ends up, can it hit as high as PON? i doubt it, but this will push the S/P up...

"Also included are 640 acres in Manitoba along the border of Potash North Resource Corp. (TSX VENTURE: PON) and located approximately 20 kilometers north-east of Potash Corporation (TSX: POT) of Saskatchewan's Bredenbury potential Greenfield Potash Mine."

Scoobysnax 06-13-2008 05:56 AM

Quote:

Originally Posted by 7seven (Post 5895607)
Word around is that GM is getting into the potash game too. I'll wait to see what happens when trading resumes. NR should be out after market close today.

Wow you called it perfectly! Thanks for the tip dude. Love your picks. Made some really quick cash on this trade!

7seven 06-13-2008 05:58 AM

Sold GM at .75 this morning. Profits in my pocket of over $136,000 in the last 10 days just from PON & GM, time to buy some new toys this weekend :)

Feint* 06-13-2008 09:34 AM

Wow 7seven I need to switch brokers! LOL

Since we're on juniors, potash started heating up last year with POT on the NYSE... there was only a handful. Now with the food prices any new bandwagon jumpers with a permit is getting tons of attention (and benefitting the insiders :D)

RAY.v is another recent metal to potash jumper...done quite well last ltitle while... it's doing a private placement soon... you may have to get a broker account to get some though.

SLT.v and NAG.v are both "We're-Kinda-Close-to-potash-land" deals...
Even TEL.v which was orig in uranium acquires a potash company and it jumps 100% from 0.25 or so.

When the vol fades though be ready to jump out of these momentum stocks!

7seven 06-13-2008 12:26 PM

Was looking to get back into GM but I think I'll wait till the open on Monday to see how it plays out. Either way I'm happy with how this week went.

Supa.Azn 06-13-2008 01:53 PM

Quote:

Originally Posted by 7seven (Post 5897446)
Was looking to get back into GM but I think I'll wait till the open on Monday to see how it plays out. Either way I'm happy with how this week went.

at least your thinking about it... im going to keep it until i at least Quadruple bag it

bossxx 06-13-2008 07:33 PM

BMSN still rolling along :D

Got in at .55 and again at .60...

Current PPS $1.20 (broke 2 year high today and major resistance point!)

Looking for $1.51 then we go to $2.

This one is paying for Cancun x 2 lol shiiiet yea

Next two weeks are going to be interesting.

iwantaskyline 06-15-2008 11:39 AM

Quote:

Originally Posted by 7seven (Post 5897028)
Sold GM at .75 this morning. Profits in my pocket of over $136,000 in the last 10 days just from PON & GM, time to buy some new toys this weekend :)

posts like these make me wanna use my student loan to get into stocks lol

McDick 06-15-2008 01:54 PM

Quote:

Originally Posted by iwantaskyline (Post 5899688)
posts like these make me wanna use my student loan to get into stocks lol

7seven: Just wondering how you do your tax for your stock gains? I am just curious... cause if you have profit like that... the government is going to rape you for that capital gain.

iwantaskyline: Have you ever thought about what happened when you lost all your student loan money?
But then if you are living with your "mommy and daddy"... then you'll be fine even if you lost all your student loan money.

There is "no sure win" in stock market... you should invest the money that you can lose.

iwantaskyline 06-15-2008 02:07 PM

Quote:

Originally Posted by McDick (Post 5899849)
7seven: Just wondering how you do your tax for your stock gains? I am just curious... cause if you have profit like that... the government is going to rape you for that capital gain.

iwantaskyline: Have you ever thought about what happened when you lost all your student loan money?
But then if you are living with your "mommy and daddy"... then you'll be fine even if you lost all your student loan money.

There is "no sure win" in stock market... you should invest the money that you can lose.

I work and get about a 1200 a month to, all that while going to school at sfu with the student loan i got was about 4gs. I live w/ parents currently to. I was planning on putting 1 K out for stocks only and to see how it would go. But of course before i do that im going to research heavily and read on a couple sites. Been reading fool.com lol.

McDick 06-15-2008 06:36 PM

Quote:

Originally Posted by iwantaskyline (Post 5899863)
I work and get about a 1200 a month to, all that while going to school at sfu with the student loan i got was about 4gs. I live w/ parents currently to. I was planning on putting 1 K out for stocks only and to see how it would go. But of course before i do that im going to research heavily and read on a couple sites. Been reading fool.com lol.

Well... basically... $1000 can't do much anyways.... you can only buy 5 shares of Apple... LOL...
I would recommend that you either save up more or invest in mutual funds...

wouwou 06-15-2008 06:40 PM

Quote:

Originally Posted by McDick (Post 5900145)
Well... basically... $1000 can't do much anyways.... you can only buy 5 shares of Apple... LOL...
I would recommend that you either save up more or invest in mutual funds...

Options:D

although you can easily lose them ALL

iwantaskyline 06-15-2008 09:50 PM

Quote:

Originally Posted by McDick (Post 5900145)
Well... basically... $1000 can't do much anyways.... you can only buy 5 shares of Apple... LOL...
I would recommend that you either save up more or invest in mutual funds...

Penny stocks?

McDick 06-16-2008 04:17 AM

Quote:

Originally Posted by wouwou (Post 5900150)
Options:D

although you can easily lose them ALL

OR easily lose more than $1000 .....

7seven 06-16-2008 09:23 AM

Quote:

Originally Posted by McDick (Post 5899849)
7seven: Just wondering how you do your tax for your stock gains? I am just curious... cause if you have profit like that... the government is going to rape you for that capital gain.

Its all about taking a few strategic capital loses too and I also have quite a bit of writeoffs I can claim.

Yushimi 06-16-2008 10:13 AM

Quote:

Originally Posted by iwantaskyline (Post 5900416)
Penny stocks?

^^^ Penny stocks are really risky...if i remember correctly right? lolz

Stock up on cash and buy blue chips lolz


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