REVscene Automotive Forum

REVscene Automotive Forum (https://www.revscene.net/forums/)
-   The Business and Financial Forum (https://www.revscene.net/forums/business-financial-forum_303/)
-   -   STOCK MARKET Thread (https://www.revscene.net/forums/374823-stock-market-thread.html)

rb 10-09-2009 12:59 PM

Thanks for the heads up on CAN.

subordinate 10-09-2009 05:53 PM

Darn, I was just looking at Can-v yesterday, comparing it to MTB-V and DEC-V.

Makes no sense that Can-v has more than double the market cap of MTB/DEC-v (Currently its at a 20/80 split, but could be 40/60 split depending on the S/H vote in Jan) when both companies have similar initial results.

Look at the past new releases and you will see some of their initial results from the Stewart lake area of BC,

i.e: Hole 5 of 39.63m of 4.7g/t of gold
Hole 6 of 55.18m of 9.64g/t of gold
including 24.7m of 20.87g/t of gold

And holes 1 and 2 were of similar results.

Not to mention, more news coming next week on the next batch of assays.

I'm invested in MTB, but if MTB/DEC would to get noticed, DEC-V would definitely be the clear winner in the short term as current o/s shares are just at 11million and they do own the majority % of the Red Cliff Project.

leilomo 10-11-2009 11:24 AM

with a long list of earnings coming out this coming week, where does everybody think the broader market is heading? we all saw what happened when alcoa beat their EPS estimate. should we expect the same to happen especially with the financials? a lot of people are saying that jpm and bac are going to report a gain while citi will report a loss - despite that, i have a feeling we are heading up.

Would love to hear your guys' thoughts

Jackwimmer 10-11-2009 03:49 PM

well even if they report good earnings, i have an eerie feeling that the market is gonna tank for some reason
it seems like the economy is still in the shits and our stocks are going up for reasons i dont consider justified

xPhuong 10-11-2009 06:24 PM

Hey I want to start off with 500$ do you think I can get anywhere with it?

Carl Johnson 10-11-2009 06:46 PM

$500 can barely cover the commission costs on the way in & out. If you want to be serious about it get at least a couple grand or else it's better just stick with paper trading.

kaitamasaki 10-11-2009 08:37 PM

Quote:

Originally Posted by xPhuong (Post 6630959)
Hey I want to start off with 500$ do you think I can get anywhere with it?

erm you could try forex, but stocks? no... usually a minimum required...

TRDood 10-11-2009 09:51 PM

$500 go to the casino, just go to the casino or buy a penny stock and leave it there for a longgggggggggg time. (1 year)

GomGom 10-12-2009 11:44 AM

I'm a newb on this and just want to start. What online broker do you guys recommend me to use?
Do we trade as in lot (@500 shares) or what?

Thanks in advance

StaxBundlez 10-12-2009 03:47 PM

i would start with 100 share increments until i got good

604_Snooze 10-12-2009 08:09 PM

I think only HK and China's stocks are bought in a lot, like in a hand, you have to buy 500 shares. North America, you buy whatever you want, even 1 share.

!LittleDragon 10-13-2009 01:06 PM

Well, if a broker let you open a trading account with only $500, I'd trade high volume penny stocks like SIRI and ETFC...

Carl Johnson 10-13-2009 08:55 PM

looks like we gonna gap up huge tmr

DOW 10000 could be tmr

604_Snooze 10-14-2009 02:43 AM

not just dow, I think tsx will gap up too, base on HSI and europe stock market. They are doing pretty good right now.

xtension 10-14-2009 11:05 PM

i was thinking of doing some investing tied to my TFSA.
what are your guys thoughts on ETFs?

GomGom 10-15-2009 09:02 AM

Hey guys, I got a question. Is the profit from stock market and forex trading taxable?

RFlush 10-15-2009 09:05 AM

Quote:

Originally Posted by 604_Snooze (Post 6632256)
I think only HK and China's stocks are bought in a lot, like in a hand, you have to buy 500 shares. North America, you buy whatever you want, even 1 share.

HK stocks are bought in lots, but not always 500. Can be 400, 500, 1000, it depends on the company. Chinese A shares are not bought in lots, I am not sure about B shares.

Quote:

Originally Posted by GomGom (Post 6636222)
Hey guys, I got a question. Is the profit from stock market and forex trading taxable?

Yes taxable, they are consider capital gains.

Carl Johnson 10-15-2009 04:01 PM

only 50% of your cap gain is taxed and any cap loss can be carried over

wouwou 10-15-2009 04:09 PM

Quote:

Originally Posted by RFlush (Post 6636229)
HK stocks are bought in lots, but not always 500. Can be 400, 500, 1000, it depends on the company. Chinese A shares are not bought in lots, I am not sure about B shares.


Yes taxable, they are consider capital gains.

Chinese A shares are bought in lots of 100 shares I believe

British Quid 10-17-2009 09:30 PM

Quote:

Originally Posted by GomGom (Post 6636222)
Hey guys, I got a question. Is the profit from stock market and forex trading taxable?

Not if it's under your TFSA.

95Z28 10-17-2009 10:33 PM

Quote:

Originally Posted by British Quid (Post 6639955)
Not if it's under your TFSA.

How exactly does that work? I was under the understanding I could only put 5k into a TFSA and have it earn 2% or whatever a year. Is there a way I can invest in the market and have it non taxable(to my TFSA limit)?

British Quid 10-17-2009 10:54 PM

Quote:

Originally Posted by 95Z28 (Post 6640039)
How exactly does that work? I was under the understanding I could only put 5k into a TFSA

Correct

Quote:

Originally Posted by 95Z28 (Post 6640039)
and have it earn 2% or whatever a year. Is there a way I can invest in the market and have it non taxable(to my TFSA limit)?

Just open a TFSA account that allows you to trade stocks or whatnot and earn your 2%, 50%, 100% or whatever a year tax-free.

Ulic Qel-Droma 10-18-2009 05:12 AM

i believe in the TFSA accounts, u cannot claim your losses...

so, what, unless you're a hot shot trader, what's the fuckin point? someone explain to me the benefits. cuz i know 90%+ of you out there aint making money in the fuckin long run.

wouwou 10-18-2009 09:03 AM

Quote:

Originally Posted by Ulic Qel-Droma (Post 6640352)
i believe in the TFSA accounts, u cannot claim your losses...

so, what, unless you're a hot shot trader, what's the fuckin point? someone explain to me the benefits. cuz i know 90%+ of you out there aint making money in the fuckin long run.

cause you are not supposed to do flash trades with your TFTAs, and for the better part of this year, buy and hold = 20% profit

StaxBundlez 10-18-2009 10:23 PM

Quote:

Originally Posted by Ulic Qel-Droma (Post 6640352)
i believe in the TFSA accounts, u cannot claim your losses...

so, what, unless you're a hot shot trader, what's the fuckin point? someone explain to me the benefits. cuz i know 90%+ of you out there aint making money in the fuckin long run.

i beg to differ
mwauahahah

http://i302.photobucket.com/albums/n.../crackhead.jpg


All times are GMT -8. The time now is 07:25 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, 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