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02-16-2017, 06:14 PM
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#9426 | | I STILL don't get it
Join Date: Dec 2003 Location: Vancouver
Posts: 457
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Originally Posted by DGN23  Got in a while ago and still holding. I think the hopeful money is built into the prices already. It'll be small ups and downs till official announcements are made. Then the roller coaster ride really begins. I can't wrap my head around WEED. It's like the Tesla of the marijuana industry. | Assuming it's like Tesla then we can potentially see a huge uptick in price in the next few years. I am long on this.
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02-16-2017, 07:30 PM
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#9427 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,438
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Marijuana is all speculation since most of the companies aren't even turning profits right now.
Get in now and wait 3-5 years and it hopefully blows up.
__________________ Quote: | Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL. | | |
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02-21-2017, 08:23 PM
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#9428 | | OMGWTFBBQ is a common word I say everyday
Join Date: Jan 2005 Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
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Originally Posted by Razor Ramon HG Marijuana is all speculation since most of the companies aren't even turning profits right now.
Get in now and wait 3-5 years and it hopefully blows up. | so is the vast majority of biotech companies on the market. a lot don't even have a sell able product or even an office  | |
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02-22-2017, 02:13 PM
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#9429 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Feb 2010 Location: Vancouver
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Thanked 3,674 Times in 1,798 Posts
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Speaking of speculation, what is your take on Snapchat's IPO on March 2nd?
Although this company has yet to turn a profit, the valuation for this company is between 20 to 23 billion US.
I just don't see any long term profitability with this company. In fact, their burn rate of expenses is immense.
A buddy of mine wants to buy Snapchat on IPO day and day trade it for quick gains simply on speculation that investor hype will boost the stock price.  http://www.usatoday.com/story/opinio...lumn/97916572/
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Go Canucks go!
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02-22-2017, 05:04 PM
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#9430 | | 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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Snap chat's days are numbered IMO.
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02-22-2017, 08:56 PM
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#9431 | | OMGWTFBBQ is a common word I say everyday
Join Date: Jan 2005 Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
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| Quote:
Originally Posted by pastarocket Speaking of speculation, what is your take on Snapchat's IPO on March 2nd?
Although this company has yet to turn a profit, the valuation for this company is between 20 to 23 billion US.
I just don't see any long term profitability with this company. In fact, their burn rate of expenses is immense.
A buddy of mine wants to buy Snapchat on IPO day and day trade it for quick gains simply on speculation that investor hype will boost the stock price. The Snapchat IPO and California math: Column | i've never dabble in IPO. investing in IPO is totally different from buying a establish stock. If you friends are looking at this like buying a new iPhone on launch day than flipping it to frenzy buyers its not going to work the same way.
IMO Snapchat is asking for a crazy valuation. I personally don't understand or use Snapchat but from my understanding it captures the teenager crowd which is a key consumer demographic. The are also building a big database of facial recognition datas (I feel like this is missing from a lot of analyze of Snapchat, As far as I can tell they are the only widely use app that is able to collect facial recognition data). There ads are also quite unique compare to other social media platform and encourage a different kind of engagement, due to the uniqueness and the nature of the advertisement it tends to draw a lot of big names instead of the gazillion mom and pop shop that instagram/facebook currently targets. How viable this model or whether they will tweak it for a broader market is remains to be seen.
In term of the numbers, high expense and burn rate is very typical of fledgling tech companies. In fact if they are hoarding cash at this point of instead of aggressively using it the expand, purchase and conquer they are doing doing it wrong. In fact wall street has been critical of Apple's hoard of cash that they are sitting on instead of spending it for expansion and r&d, acquisition etc.
You can't look at company balance sheet like your personal bank account. The key thing isn't the burn rate but what they are burning it on.
On the other hand Snapchat turn down some high profile big number acquisition offer. In the Tech startup world this is huge, It could mean the company is indeed visionary orrrrrrr they are looking for more money to line their pockets (specially the couple stakeholders). There was news of disgruntled ex employee that claim to have evidence of number fudging for this IPO.
I'm still not sure about SnapChat. On one hand it feels like it could be another twitter, on the other it could be the next FB. One thing for sure is I won't be touching in its IPO days. Oh and when a company IPOs you are not allow to short it for a couple month, this may or may not mean something but the absence of bears could greatly affect the momentum of a overhype stock like SNAP. | |
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02-25-2017, 12:33 AM
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#9432 | | I *heart* Revscene.net very Muchie
Join Date: Feb 2012 Location: Rich City / Van
Posts: 3,841
Thanked 4,984 Times in 995 Posts
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facebook and instagram has the same feature now that competes vs snapchat
and thinking of going big with AMD, thoughts?
__________________ Quote:
Hey guys,
Can someone tell good or unusual dating spots? Or what was your the most unusual date? THanks for sharing!
| Quote:
Originally Posted by Mr.HappySilp my bedroom =D | Quote:
Originally Posted by dhillon09 that's a great secret date spot,
i bet no girl in vancouver has seen it. | | |
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02-27-2017, 03:19 PM
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#9433 | | Diagonally parked in a parallel universe
Join Date: Jan 2006 Location: vancouver
Posts: 1,416
Thanked 1,118 Times in 161 Posts
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hey traders. what are some great books or classes you all recommend for a begginer?
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02-27-2017, 03:48 PM
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#9434 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,438
Thanked 3,336 Times in 1,465 Posts
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Another big day for AMD.
Vegas announcement tomorrow, and Ryzen reviews on Thursday. 
__________________ Quote: | Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL. | | |
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02-28-2017, 10:09 PM
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#9435 | | I *heart* Revscene.net very Muchie
Join Date: Feb 2012 Location: Rich City / Van
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| Quote:
Originally Posted by Jayboogz hey traders. what are some great books or classes you all recommend for a begginer? | Investopedia - Sharper Insight. Smarter Investing.
and google
__________________ Quote:
Hey guys,
Can someone tell good or unusual dating spots? Or what was your the most unusual date? THanks for sharing!
| Quote:
Originally Posted by Mr.HappySilp my bedroom =D | Quote:
Originally Posted by dhillon09 that's a great secret date spot,
i bet no girl in vancouver has seen it. | | |
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03-01-2017, 08:29 AM
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#9436 | | I help report spam so I got this! <--
Join Date: Dec 2010 Location: Vancouver
Posts: 2,867
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Reminiscence of a stock operator. Classic 101 stock trading.
For a beginner I would say find and follow a mentor, find your style and product that fit you. And expect to lose money so play small. Learn TA to find high risk/reward trade but master your inner psychology first because you can manipulate any chart to make it look bullish or bearish.
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03-02-2017, 05:26 PM
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#9437 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
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Originally Posted by Jayboogz hey traders. what are some great books or classes you all recommend for a begginer? | you are much better off putting your money in an index fund. over the long term, active investing significantly underperforms passive investing. don't take my word on this, google it yourself. all the stories about ppl making a killing off day-trading is a bunch of trash because all you are doing is making your broker rich and churning your account needlessly.
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03-02-2017, 07:47 PM
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#9438 | | Rs has made me the woman i am today!
Join Date: Jan 2012 Location: PENIS
Posts: 4,290
Thanked 4,157 Times in 1,303 Posts
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If you have 10k in your bank for a month. What would you do with it?
Throw it into USD?
__________________ There's a phallic symbol infront of my car Quote: |
MG1: in fact, a new term needs to make its way into the American dictionary. Trump............ he's such a "Trump" = ultimate insult. Like, "yray, you're such a trump."
| bcrdukes yray fucked bcrdukes up the nose
dapperfied yraisis
dapperfied yray so waisis
FastAnna you literally talk out your ass
FastAnna i really cant
FastAnna yray i cant stand you
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03-02-2017, 09:03 PM
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#9439 | | HELP ME PLS!!!
Join Date: May 2002 Location: vancity
Posts: 5,734
Thanked 722 Times in 364 Posts
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I'd put it into high interest savings. You'd get like a 5 dollar return. Better than nothing. LOL.
Putting it into USD isn't a bad idea, I did the calculation, you would have made 300 dollars. Assuming you bought USD with CAD. XE: USD / CAD Currency Chart. US Dollar to Canadian Dollar Rates
However, if you bought in the month of December 2015, you would have lost even more.
Last edited by DragonChi; 03-02-2017 at 09:08 PM.
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03-02-2017, 10:12 PM
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#9440 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
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Originally Posted by Carl Johnson you are much better off putting your money in an index fund. over the long term, active investing significantly underperforms passive investing. don't take my word on this, google it yourself. all the stories about ppl making a killing off day-trading is a bunch of trash because all you are doing is making your broker rich and churning your account needlessly. | This is true. Less than 1% of active investors beat the indexes.
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03-03-2017, 02:34 PM
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#9441 | | WOAH! i think Vtec just kicked in!
Join Date: Mar 2013 Location: Y
Posts: 1,604
Thanked 1,399 Times in 396 Posts
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Originally Posted by yray If you have 10k in your bank for a month. What would you do with it?
Throw it into USD? | Just randomly pick a conservative fund.
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03-03-2017, 02:40 PM
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#9442 | | I contribute to threads in the offtopic forum
Join Date: Apr 2001 Location: VAN/RMD/BBY
Posts: 2,596
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^ preferably with low MER. If you have a TD account, their e-series funds are pretty good.
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03-13-2017, 11:31 AM
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#9443 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Feb 2010 Location: Vancouver
Posts: 9,343
Thanked 3,674 Times in 1,798 Posts
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-great news about Intel acquiring Mobileye N.V. (MBLY). 
Fifty three percent return on investment for me since I bought the stock
in January.
Fifteen billion dollar acquisition. Intel Kickstarts Autonomous Engine, To Buy Mobileye For $15 Billion
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03-14-2017, 09:04 PM
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#9444 | | I *heart* Revscene.net very Muchie
Join Date: Feb 2012 Location: Rich City / Van
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looking to go tank on marijuana , thoughts on legalization in 2017 / 2018?
__________________ Quote:
Hey guys,
Can someone tell good or unusual dating spots? Or what was your the most unusual date? THanks for sharing!
| Quote:
Originally Posted by Mr.HappySilp my bedroom =D | Quote:
Originally Posted by dhillon09 that's a great secret date spot,
i bet no girl in vancouver has seen it. | | |
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03-14-2017, 09:53 PM
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#9445 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,874
Thanked 2,583 Times in 995 Posts
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Originally Posted by pastarocket | When this happens and the stocks at $60.96 closing, does the stock (MBLY) automatically liquidate itself in your account or how does acquisitions work?
__________________
2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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03-15-2017, 08:17 AM
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#9446 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Feb 2010 Location: Vancouver
Posts: 9,343
Thanked 3,674 Times in 1,798 Posts
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Originally Posted by Gerbs When this happens and the stocks at $60.96 closing, does the stock (MBLY) automatically liquidate itself in your account or how does acquisitions work? | MBLY is still trading as of today. Although Intel bought MBLY, the company is still showing as doing business as a separate entity with its own ticker symbol.
I still own all my shares of Mobileye. -just cannot buy any more shares of the company.
__________________
Go Canucks go!
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03-15-2017, 08:30 AM
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#9447 | | HELP ME PLS!!!
Join Date: May 2002 Location: vancity
Posts: 5,734
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I looked up what happens to stocks when a company is bought out, here is what I found:
Cash or Stock Mergers
For shareholders, mergers can occur two ways. In a cash exchange, the controlling company will buy the shares at the proposed price, and the shares will disappear from the owner's portfolio, replaced with the corresponding amount of cash. Other times, companies will announce a stock-for-stock merger, in which holders of shares of the takeover company will have that stock replaced with shares of the new company. Often, the deal is structured as a combination of both methods, with shareholders receiving some cash and some stocks. What Happens to a Stock When a Company Is Bought Out? | Chron.com
It makes sense, unless you guys have another view on it.
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03-15-2017, 12:45 PM
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#9448 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
Posts: 4,650
Thanked 1,971 Times in 1,041 Posts
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Time to load up on bank stocks ? Bank ETF? | |
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03-15-2017, 01:16 PM
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#9449 | | 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
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Kinda late to the party? 
Been holding BAC since early last year.
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03-15-2017, 05:25 PM
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#9450 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,874
Thanked 2,583 Times in 995 Posts
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Only been holding to canadian banks. Should probably hold onto an american bank too
__________________
2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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