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Revscene Wall Street.
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12-04-2020, 02:15 PM
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#10701 | | Rs has made me the woman i am today!
Join Date: Apr 2013 Location: revscene
Posts: 4,249
Thanked 4,804 Times in 1,625 Posts
Failed 165 Times in 63 Posts
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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.
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|| 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 ||
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12-04-2020, 08:17 PM
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#10702 | | I contribute to threads in the offtopic forum
Join Date: Jul 2012 Location: Vancouver
Posts: 2,915
Thanked 4,452 Times in 1,028 Posts
Failed 263 Times in 82 Posts
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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
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12-06-2020, 09:59 AM
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#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
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Any thoughts on airbnb ipo launch this week?
I have a couple stocks in sights NNDM, NNOX, and FCX
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12-06-2020, 01:28 PM
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#10704 | | Need my Daily Fix of RS
Join Date: Aug 2005 Location: San Diego, CA
Posts: 281
Thanked 4 Times in 4 Posts
Failed 0 Times in 0 Posts
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Blackberry on watch this week
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12-06-2020, 10:20 PM
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#10705 | | Diagonally parked in a parallel universe
Join Date: Apr 2011 Location: Vancouver
Posts: 1,414
Thanked 710 Times in 343 Posts
Failed 48 Times in 22 Posts
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Originally Posted by asma123  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
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15" 328i Wagon
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12-08-2020, 09:01 AM
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#10706 | | SFICC-03*
Join Date: Mar 2002 Location: richmond
Posts: 8,400
Thanked 2,872 Times in 1,155 Posts
Failed 153 Times in 76 Posts
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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
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12-08-2020, 09:36 AM
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#10707 | | I answer every Emotion with an emoticon
Join Date: Nov 2002 Location: 604
Posts: 7,983
Thanked 4,418 Times in 2,124 Posts
Failed 296 Times in 140 Posts
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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!
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12-08-2020, 03:10 PM
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#10708 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,729
Thanked 15,060 Times in 6,020 Posts
Failed 2,068 Times in 693 Posts
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Yea fuck was trying to get back in on NCLH but it hasn’t seen a decent dip in a few weeks now
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Dank memes cant melt steel beams
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12-08-2020, 10:46 PM
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#10709 | | My homepage has been set to RS
Join Date: Oct 2005 Location: Vancouver
Posts: 2,146
Thanked 276 Times in 108 Posts
Failed 28 Times in 12 Posts
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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 
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Originally Posted by getalove i took a shit in the shower and i tried to use my heel to push it down the drain | | |
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12-08-2020, 11:25 PM
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#10710 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,438
Thanked 3,336 Times in 1,465 Posts
Failed 240 Times in 64 Posts
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Originally Posted by MelonBoy 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 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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12-09-2020, 01:17 AM
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#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
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Originally Posted by Razor Ramon HG 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
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12-09-2020, 02:15 AM
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#10712 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,438
Thanked 3,336 Times in 1,465 Posts
Failed 240 Times in 64 Posts
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Originally Posted by asma123 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 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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12-09-2020, 09:03 PM
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#10713 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,729
Thanked 15,060 Times in 6,020 Posts
Failed 2,068 Times in 693 Posts
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Anyone interested in the Abcellera ipo on Friday? Could be interesting..
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Dank memes cant melt steel beams
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12-09-2020, 09:54 PM
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#10714 | | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,802
Thanked 2,887 Times in 1,240 Posts
Failed 626 Times in 198 Posts
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Originally Posted by Hondaracer 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?
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Nothing for now
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12-10-2020, 05:15 AM
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#10715 | | RS controls my life!
Join Date: Mar 2012
Posts: 768
Thanked 562 Times in 245 Posts
Failed 62 Times in 18 Posts
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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.
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12-10-2020, 05:59 AM
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#10716 | | I answer every Emotion with an emoticon
Join Date: Nov 2002 Location: 604
Posts: 7,983
Thanked 4,418 Times in 2,124 Posts
Failed 296 Times in 140 Posts
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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?
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12-10-2020, 07:08 AM
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#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
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are you guys putting buys in at $18 or at market and hope your orders fill early?
how does that work on an IPO?
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12-10-2020, 09:26 AM
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#10718 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,438
Thanked 3,336 Times in 1,465 Posts
Failed 240 Times in 64 Posts
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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 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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12-10-2020, 10:18 AM
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#10719 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,729
Thanked 15,060 Times in 6,020 Posts
Failed 2,068 Times in 693 Posts
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All the iPOS I’ve got into I basically waited around until it opened and got in at market price
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Dank memes cant melt steel beams
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12-10-2020, 10:40 AM
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#10720 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,438
Thanked 3,336 Times in 1,465 Posts
Failed 240 Times in 64 Posts
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ABNB live now. Opened at $146, up from $48 yesterday.
__________________ 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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12-10-2020, 11:13 AM
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#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
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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.
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12-10-2020, 11:55 AM
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#10722 | | Need my Daily Fix of RS
Join Date: Jul 2010
Posts: 294
Thanked 525 Times in 78 Posts
Failed 12 Times in 6 Posts
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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 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. | | |
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12-10-2020, 11:55 AM
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#10723 | | RS controls my life!
Join Date: Mar 2012
Posts: 768
Thanked 562 Times in 245 Posts
Failed 62 Times in 18 Posts
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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.
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12-10-2020, 12:13 PM
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#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
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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?
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12-10-2020, 12:30 PM
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#10725 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,438
Thanked 3,336 Times in 1,465 Posts
Failed 240 Times in 64 Posts
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Originally Posted by ButterFingers 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 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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