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03-06-2009, 12:33 AM
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#1626 | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
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LVS is such a volatile stock, last Thursday it gained like 35% then crashed hard on the Friday. It has these unusual sudden spikes in midday also.
The best China can do is to stabilize themselves right now. The won't be able to pull rest of the world out that is for sure. Also the market is desperate for a rally on any little bit of good news now.
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03-06-2009, 03:43 AM
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#1627 | Banned (ABWS)
Join Date: Nov 2005 Location: Vancouver
Posts: 256
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Sup bois..
havent really been in this forum as i have taken few weeks off to Dominican n now im in korea haha
but lookin at the market i think this would be the time to do some value investing.
i personally am trying to pick out a few companies with a strong balance sheet,good profit margins
n lotta cash
hope u guys do good in 09
btw i think chinese ADRs will do good as china is the only country that is still growing in gdp despite the sluimping econmics all over the world..
neways ood luck hunting all.. check back with u guys when i get back
Last edited by Hollyshiit; 03-06-2009 at 03:49 AM.
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03-06-2009, 03:47 AM
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#1628 | Banned (ABWS)
Join Date: Nov 2005 Location: Vancouver
Posts: 256
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btw i went n visited KRX (korean exchange)
didnt know they didnt have a trading floor anymore, it stoped manul trading in 97 lol
but now its more like a museum
some pretty neat stuff tho
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03-06-2009, 11:29 AM
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#1629 | Wunder? Wonder?? Wander???
Join Date: Jul 2002 Location: Vancouver
Posts: 223
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^ nice bring lots of soju back man! It's like pennies over there! You'll need it for the market pain haha
I built a position in MS today, hoping for some good news from the weekend. God knows how long financials will continue to be sold off though..
__________________
Boo
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03-06-2009, 12:15 PM
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#1630 | Captain Happy Bubble is my Homeboy
Join Date: Mar 2003 Location: vancity
Posts: 327
Thanked 12 Times in 8 Posts
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Getting in on FAS yesterday was a terrible mistake. I took a heavy loss on that. Should've stuck with FAZ when I purchased it at $87.
Today's market isn't doing that much better. FAZ reached new highs AGAIN. I was able to recover much of yesterday's loss. Now I'm only down a few hundred.
Anyone take advantage of QID as well?
Last edited by Scudz; 03-07-2009 at 05:54 PM.
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03-06-2009, 01:16 PM
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#1631 | I don't get it
Join Date: Mar 2003 Location: vancouver
Posts: 416
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LVS is a rollercoaster today...had to average at $1.60 and took advantage of the last 10 minute bounce...
this market is crazy...now that all the bad news are out...fas looks yummy..maybe..
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03-10-2009, 08:39 AM
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#1632 | Captain Happy Bubble is my Homeboy
Join Date: Mar 2003 Location: vancity
Posts: 327
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Everything is up right now. FAS, C, XLF, TNA, etc. Finally some good news.
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03-10-2009, 11:21 AM
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#1633 | 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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i got some fas back last friday, i am so glad i waited
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03-10-2009, 03:07 PM
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#1634 | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
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now wait for the GM news
just wait for it lol
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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03-10-2009, 09:55 PM
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#1635 | 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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i dont know if the market has already priced in the ch11 news coming from gm tho. i mean it sure looked like it last friday. we will see if the rally can sustain itself.
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03-12-2009, 02:37 AM
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#1636 | I don't get it
Join Date: Mar 2003 Location: vancouver
Posts: 416
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abx starting to look like a good short term buy...what do you guys think? Im probably going to buy some if gold drops below 900
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03-12-2009, 02:08 PM
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#1637 | 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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FAS is on fire, almost 120% gain in a week
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03-12-2009, 06:01 PM
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#1638 | I answer every Emotion with an emoticon
Join Date: Jul 2006 Location: V
Posts: 7,849
Thanked 656 Times in 326 Posts
Failed 190 Times in 91 Posts
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yea, 20 days of red, 3 days of green
and im still losing 40%
sigh.. will it be ever back to $8-10 range?
only 2 more days of 25% gain!
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03-12-2009, 06:06 PM
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#1639 | Ricer Mod
Join Date: Mar 2005 Location: Smithers
Posts: 7,008
Thanked 5,276 Times in 1,501 Posts
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I had 1000$ set aside to purchase some shares last week but I got sidetracked and forgot... I was going to buy at $.25 a share... today the stock jumped to $2.00
Berz out.
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President of RS Beat Down Crew
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03-12-2009, 11:12 PM
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#1640 | I answer every Emotion with an emoticon
Join Date: Jul 2006 Location: V
Posts: 7,849
Thanked 656 Times in 326 Posts
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^^^
what's $0.25
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03-13-2009, 06:43 AM
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#1641 | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
Posts: 862
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time to get some SKF... stock market won't turn around since economy still in a shxt hole.
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03-13-2009, 07:10 AM
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#1642 | 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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if they do suspend M2M we might actually see a good rally but I do agree economic news & indicators still grim out there
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03-13-2009, 09:00 AM
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#1643 | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
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Originally Posted by McDick time to get some SKF... stock market won't turn around since economy still in a shxt hole. | why would you get SKF when FAZ is 50% better?
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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03-13-2009, 10:34 AM
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#1644 | I don't get it
Join Date: Mar 2003 Location: vancouver
Posts: 416
Thanked 22 Times in 5 Posts
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faz is looking better and better...still on the sidelines with cash wouwou?
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03-13-2009, 01:23 PM
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#1645 | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
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^I am way too busy with work to play FAS/FAZ, company just won 2 big projects that will by themselves run the company for the next 2 years.
And family stuff really isnt helping, I am literally busy starting from 6am to 7pm daily.
I loaded up some ABX and G, but that's it. I think I missed the bottom on Monday grrr
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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03-16-2009, 08:20 AM
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#1646 | Captain Happy Bubble is my Homeboy
Join Date: Feb 2004 Location: Bedroom
Posts: 325
Thanked 99 Times in 26 Posts
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Hummm. The market opened crazy today!
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03-16-2009, 08:32 AM
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#1647 | 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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lets see if we can break SP500 770
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03-16-2009, 10:54 AM
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#1648 | Banned (ABWS)
Join Date: Nov 2005 Location: Vancouver
Posts: 256
Thanked 5 Times in 5 Posts
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airlines neone?
for a short term hold..
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03-17-2009, 10:32 PM
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#1649 | Ready to be Man handled by RS!
Join Date: Sep 2004 Location: Nanaimo
Posts: 89
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I'm new to investing. I've taken a finance course and have read a couple books but have yet to make my first trade. I'm about to set up a Scotia itrade account, is this a good one to use? My initial plan is to hold for a longer term, as I gain experience, I'll make more trades. I plan on starting with about $5000 that I would like to hold for a term of 3-4 years.
I was thinking about putting some of it in LVS, would this be a decent stock to hold for a few years? Others I am considering are SIRI and possibly GM but both seem pretty risky risky. I'm fine with with losing the money but I'd rather it amount to something so I have more funds available for when I learn more. Is there any stocks that you recommend I look into? What are good books to read? Any info you can provide me with is much appreciated.
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03-18-2009, 01:03 PM
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#1650 | I answer every Emotion with an emoticon
Join Date: Jul 2006 Location: V
Posts: 7,849
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wow
this shit is crazy. FAS and FAZ = casino
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