REVscene - Vancouver Automotive Forum


Welcome to the REVscene Automotive Forum forums.

Registration is Free!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!

If you have any problems with the registration process or your account login, please contact contact us.


Go Back   REVscene Automotive Forum > Vancouver LifeStyles (VLS) > The Business and Financial Forum

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.

Reply
 
Thread Tools
Old 12-04-2020, 02:15 PM   #10701
Rs has made me the woman i am today!
 
BIC_BAWS's Avatar
 
Join Date: Apr 2013
Location: revscene
Posts: 4,235
Thanked 4,797 Times in 1,619 Posts
Failed 165 Times in 63 Posts
Which one of the non-bank stock trading platforms is the quickest to open a TFSA with? There's a stock that I'm on a tight timeline to buy for.
Advertisement
__________________
|| 18 FK8 | R-18692 | Rallye Red | 6 MT ||
|| SOLD 97 E36 M3 Sedan | Arctic Silver | 5MT ||
|| RIP 02 E46 330ci | Schwartz Black II | 5MT | M-Tech II | Black Cube | Shadowline | Stoff Laser/Anthrazit ||
|| RIP 02 E46 M3 | Carbon Black | 6MT ||
BIC_BAWS is online now   Reply With Quote
Old 12-04-2020, 08:17 PM   #10702
I contribute to threads in the offtopic forum
 
SpeedStars's Avatar
 
Join Date: Jul 2012
Location: Vancouver
Posts: 2,915
Thanked 4,452 Times in 1,028 Posts
Failed 263 Times in 82 Posts
I opened an account with questrade and it took 2 business days. Not sure if there's a faster one. RBC was one business day for me but I was already banking with them
__________________
'16 WRX

'93 GSR

'99 EXPEDITION
SpeedStars is offline   Reply With Quote
This post thanked by:
Old 12-06-2020, 09:59 AM   #10703
Captain Happy Bubble is my Homeboy
 
Join Date: Feb 2013
Location: vancouver
Posts: 300
Thanked 225 Times in 79 Posts
Failed 90 Times in 16 Posts
Any thoughts on airbnb ipo launch this week?
I have a couple stocks in sights NNDM, NNOX, and FCX
asma123 is offline   Reply With Quote
Old 12-06-2020, 01:28 PM   #10704
Need my Daily Fix of RS
 
Chuckz's Avatar
 
Join Date: Aug 2005
Location: San Diego, CA
Posts: 281
Thanked 4 Times in 4 Posts
Failed 0 Times in 0 Posts
Blackberry on watch this week
Chuckz is offline   Reply With Quote
Old 12-06-2020, 10:20 PM   #10705
Diagonally parked in a parallel universe
 
see.lai's Avatar
 
Join Date: Apr 2011
Location: Vancouver
Posts: 1,414
Thanked 710 Times in 343 Posts
Failed 48 Times in 22 Posts
Quote:
Originally Posted by asma123 View Post
Any thoughts on airbnb ipo launch this week?
I have a couple stocks in sights NNDM, NNOX, and FCX
Was thinking of getting in ABNB for a short squeeze, but will anticipate a pull back after it settles down.

Thinking of getting into MU (Micron technology); hasn't shown signs of resistance this past month and I was waiting for a pull back for a while lol
__________________
15" 328i Wagon
see.lai is offline   Reply With Quote
Old 12-08-2020, 09:01 AM   #10706
SFICC-03*
 
Join Date: Mar 2002
Location: richmond
Posts: 8,386
Thanked 2,864 Times in 1,151 Posts
Failed 152 Times in 75 Posts
there might be some hype with airbnb but personally i'm not interested. housing is becoming an issue everywhere, and cities are becoming more restrictive with short term rentals. i'd say it's a gamble
unit is online now   Reply With Quote
Old 12-08-2020, 09:36 AM   #10707
I answer every Emotion with an emoticon
 
Join Date: Nov 2002
Location: 604
Posts: 7,954
Thanked 4,406 Times in 2,119 Posts
Failed 296 Times in 140 Posts
ENB announced higher dividends in the new year.

NCLH up 15% for me in 6 days! Even though I despise cruising but go rich seniors, go!
whitev70r is online now   Reply With Quote
Old 12-08-2020, 03:10 PM   #10708
I have named my kids VIC and VLS
 
Hondaracer's Avatar
 
Join Date: Oct 2001
Posts: 37,653
Thanked 15,025 Times in 5,999 Posts
Failed 2,067 Times in 692 Posts
Yea fuck was trying to get back in on NCLH but it hasn’t seen a decent dip in a few weeks now
__________________
Dank memes cant melt steel beams
Hondaracer is online now   Reply With Quote
Old 12-08-2020, 10:46 PM   #10709
My homepage has been set to RS
 
MelonBoy's Avatar
 
Join Date: Oct 2005
Location: Vancouver
Posts: 2,146
Thanked 276 Times in 108 Posts
Failed 28 Times in 12 Posts
Anyone buy QS? Took my gains early this morning.. but it ended up jumping more + afterhours fml.. sold right before I saw the news otherwise I would have held
__________________
Quote:
Originally Posted by getalove View Post
i took a shit in the shower and i tried to use my heel to push it down the drain
MelonBoy is offline   Reply With Quote
Old 12-08-2020, 11:25 PM   #10710
Say! Say! Say!
 
Razor Ramon HG's Avatar
 
Join Date: Aug 2005
Location: Japan
Posts: 15,436
Thanked 3,335 Times in 1,464 Posts
Failed 240 Times in 64 Posts
Quote:
Originally Posted by MelonBoy View Post
Anyone buy QS? Took my gains early this morning.. but it ended up jumping more + afterhours fml.. sold right before I saw the news otherwise I would have held
Some of my friends held through through the merger and sold off on the initial run up post-merger. Don't think anyone expected it to rebound that fast after the initial dip and to $70 in a week.

Last week was great because we all had GMHI before the LAZR merger and made some great gains.

We all currently have positions in RMG (Romeo Power) and BFT (PaySafe).
__________________
Quote:
Owner of Vansterdam's 420th thanks. OH YEAUHHH.
Quote:
Originally Posted by 89blkcivic View Post
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.
Razor Ramon HG is offline   Reply With Quote
Old 12-09-2020, 01:17 AM   #10711
Captain Happy Bubble is my Homeboy
 
Join Date: Feb 2013
Location: vancouver
Posts: 300
Thanked 225 Times in 79 Posts
Failed 90 Times in 16 Posts
Quote:
Originally Posted by Razor Ramon HG View Post
Some of my friends held through through the merger and sold off on the initial run up post-merger. Don't think anyone expected it to rebound that fast after the initial dip and to $70 in a week.

Last week was great because we all had GMHI before the LAZR merger and made some great gains.

We all currently have positions in RMG (Romeo Power) and BFT (PaySafe).
Where do you get your picks from? Lol I heard about bft today from deadnsyde and I’m sold it will deff shoot up
asma123 is offline   Reply With Quote
Old 12-09-2020, 02:15 AM   #10712
Say! Say! Say!
 
Razor Ramon HG's Avatar
 
Join Date: Aug 2005
Location: Japan
Posts: 15,436
Thanked 3,335 Times in 1,464 Posts
Failed 240 Times in 64 Posts
Quote:
Originally Posted by asma123 View Post
Where do you get your picks from? Lol I heard about bft today from deadnsyde and I’m sold it will deff shoot up
One friend is big into SPACs, so he usually does the picks and the rest of us just sort of piggyback off him.

I joke that SPACs are real life money cheat codes right now. Enjoy it while it lasts.
__________________
Quote:
Owner of Vansterdam's 420th thanks. OH YEAUHHH.
Quote:
Originally Posted by 89blkcivic View Post
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.
Razor Ramon HG is offline   Reply With Quote
This post thanked by:
Old 12-09-2020, 09:03 PM   #10713
I have named my kids VIC and VLS
 
Hondaracer's Avatar
 
Join Date: Oct 2001
Posts: 37,653
Thanked 15,025 Times in 5,999 Posts
Failed 2,067 Times in 692 Posts
Anyone interested in the Abcellera ipo on Friday? Could be interesting..
__________________
Dank memes cant melt steel beams
Hondaracer is online now   Reply With Quote
Old 12-09-2020, 09:54 PM   #10714
RS has made me the bitter person i am today!
 
Hehe's Avatar
 
Join Date: Dec 2002
Location: YVR/TPE
Posts: 4,798
Thanked 2,886 Times in 1,239 Posts
Failed 626 Times in 198 Posts
Quote:
Originally Posted by Hondaracer View Post
Anyone interested in the Abcellera ipo on Friday? Could be interesting..
I've heard about them before... but mainly being one of the few local firms able to raise big money... especially from Peter Thiel... which although I disagree with many things he does, I have to agree that he has a gift to invest in high tech business.

Interested in hearing more about it, given it's local... anyone has some more in-depth information than what one could find online?
__________________
Nothing for now
Hehe is offline   Reply With Quote
Old 12-10-2020, 05:15 AM   #10715
RS controls my life!
 
Join Date: Mar 2012
Posts: 768
Thanked 562 Times in 245 Posts
Failed 62 Times in 18 Posts
Carl Hansen, CEO of Abcellera, was my biophysics prof during undergrad at UBC. He is expected to become a billionaire once the IPO hits as he owns about a quarter of the company. He was a super nice guy and obviously really intelligent so I'm happy for him but at the same time, pretty shocked to witness someone I know become a billionaire lol. Abcellara already doubled the target size of its IPO and it would be the largest public financing by a Canadian biotechnology company.
GGnoRE is offline   Reply With Quote
Old 12-10-2020, 05:59 AM   #10716
I answer every Emotion with an emoticon
 
Join Date: Nov 2002
Location: 604
Posts: 7,954
Thanked 4,406 Times in 2,119 Posts
Failed 296 Times in 140 Posts
Don't most IPO's spike because of hype then in the following week it settles to a market price before it's true colour show?
whitev70r is online now   Reply With Quote
Old 12-10-2020, 07:08 AM   #10717
I *heart* Revscene.net very Muchie
 
Join Date: Nov 2004
Location: vancouver
Posts: 3,665
Thanked 760 Times in 383 Posts
Failed 150 Times in 49 Posts
are you guys putting buys in at $18 or at market and hope your orders fill early?

how does that work on an IPO?
blkgsr is offline   Reply With Quote
Old 12-10-2020, 09:26 AM   #10718
Say! Say! Say!
 
Razor Ramon HG's Avatar
 
Join Date: Aug 2005
Location: Japan
Posts: 15,436
Thanked 3,335 Times in 1,464 Posts
Failed 240 Times in 64 Posts
IPOs never open at cost.

AI was $42 and opened at like over $100, and DASH was $102 but opened at like $180.

If Abcellera is $18, I wouldn't be surprised to see it go live at $30. I don't even wanna guess what ABNB will be like today.
__________________
Quote:
Owner of Vansterdam's 420th thanks. OH YEAUHHH.
Quote:
Originally Posted by 89blkcivic View Post
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.
Razor Ramon HG is offline   Reply With Quote
Old 12-10-2020, 10:18 AM   #10719
I have named my kids VIC and VLS
 
Hondaracer's Avatar
 
Join Date: Oct 2001
Posts: 37,653
Thanked 15,025 Times in 5,999 Posts
Failed 2,067 Times in 692 Posts
All the iPOS I’ve got into I basically waited around until it opened and got in at market price
__________________
Dank memes cant melt steel beams
Hondaracer is online now   Reply With Quote
Old 12-10-2020, 10:40 AM   #10720
Say! Say! Say!
 
Razor Ramon HG's Avatar
 
Join Date: Aug 2005
Location: Japan
Posts: 15,436
Thanked 3,335 Times in 1,464 Posts
Failed 240 Times in 64 Posts
ABNB live now. Opened at $146, up from $48 yesterday.
__________________
Quote:
Owner of Vansterdam's 420th thanks. OH YEAUHHH.
Quote:
Originally Posted by 89blkcivic View Post
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.
Razor Ramon HG is offline   Reply With Quote
Old 12-10-2020, 11:13 AM   #10721
My homepage has been set to RS
 
Join Date: Mar 2004
Location: East Van
Posts: 2,160
Thanked 854 Times in 422 Posts
Failed 22 Times in 18 Posts
AbCellera is really interesting. I like that it is based more on a platform of allowing for drug discovery, rather than focusing on a few drugs. It is really the underlying technology.
Liquid_o2 is offline   Reply With Quote
Old 12-10-2020, 11:55 AM   #10722
Need my Daily Fix of RS
 
ButterFingers's Avatar
 
Join Date: Jul 2010
Posts: 294
Thanked 525 Times in 78 Posts
Failed 12 Times in 6 Posts
Do you usually hold SPACs through merger date? Or is it not recommended? What's your target price for BFT and thoughts on APXT and GHIV?

Quote:
Originally Posted by Razor Ramon HG View Post
One friend is big into SPACs, so he usually does the picks and the rest of us just sort of piggyback off him.

I joke that SPACs are real life money cheat codes right now. Enjoy it while it lasts.
ButterFingers is offline   Reply With Quote
Old 12-10-2020, 11:55 AM   #10723
RS controls my life!
 
Join Date: Mar 2012
Posts: 768
Thanked 562 Times in 245 Posts
Failed 62 Times in 18 Posts
Don't be a prisoner of the moment guys. IPOs don't always have glamorous pops on debut and appetite for IPOs are heavily dependent on market sentiment which is absolutely bonkers right now. Market is in such a crazy state of euphoria whether you look at it technically or fundamentally. You don't have to look far back to see what happens when the sentiment ain't so strong. Just look at how Uber and Lyft has performed leading up to IPO (had to price at low end of range) and at IPO (negative PnL on debut day) and after IPO (took more than a year for IPO investors to see positive PnL). Speaking of AirBnB, now it is worth more Marriott International Inc., Hilton Worldwide Holdings Inc. and Hyatt Hotels Corp. combined. If you want to ride the retail driven momentum, by all means, but don't try to pretend like you know what you are doing, you don't lol.
GGnoRE is offline   Reply With Quote
This post thanked by:
Old 12-10-2020, 12:13 PM   #10724
My homepage has been set to RS
 
Join Date: Mar 2004
Location: East Van
Posts: 2,160
Thanked 854 Times in 422 Posts
Failed 22 Times in 18 Posts
Out of interest, do you guys purchase US based stocks listed on the Nasdaq using Canadian or U.S funds? I have a U.S. chequing account and a U.S TFSA - wondering if it is beneficial to transfer the funds over to the U.S TFSA and purchase stocks that way, then I don't have to pay the exchange rate when purchasing?
Liquid_o2 is offline   Reply With Quote
Old 12-10-2020, 12:30 PM   #10725
Say! Say! Say!
 
Razor Ramon HG's Avatar
 
Join Date: Aug 2005
Location: Japan
Posts: 15,436
Thanked 3,335 Times in 1,464 Posts
Failed 240 Times in 64 Posts
Quote:
Originally Posted by ButterFingers View Post
Do you usually hold SPACs through merger date? Or is it not recommended? What's your target price for BFT and thoughts on APXT and GHIV?
I would recommend playing merger like ERs. Really depends on your style.

1. Sell prior to merger
2. Self half and let the other half ride
3. Hold through the merger and hope it pops

Because I tend to buy in at a reasonable price point, I tend to hold through the merger.

If you get in close to NAV, most of them are usually around $20 by the time they merge or at least the ones I've been paying attention to. Depending on your entry point, it's some decent double digit gains even if you sell everything pre-merger.

The biggest thing with SPACs is the opportunity cost IMO. You could be waiting for months or years for an acquisition target, a merger vote, and the actual merger. A lot of things can happen in between these key dates. This is extremely true if you purchase a SPAC at near NAV prices like GHIV.

But yeah, everything is a gamble even SPACs, so don't make investment choices based on what I typed above because even I don't know what I'm doing half the time.
__________________
Quote:
Owner of Vansterdam's 420th thanks. OH YEAUHHH.
Quote:
Originally Posted by 89blkcivic View Post
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.
Razor Ramon HG is offline   Reply With Quote
This post thanked by:
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -8. The time now is 09:11 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net