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. |
 | | 
10-18-2009, 10:31 PM
|
#2076 | | NEWBIE ACCOUNT!
Join Date: Jul 2006 Location: Vancouver
Posts: 13
Thanked 0 Times in 0 Posts
Failed 1 Time in 1 Post
| Quote:
Originally Posted by Ulic Qel-Droma  i believe in the TFSA accounts, u cannot claim your losses... | I should check if it can be transferred out... Quote:
Originally Posted by Ulic Qel-Droma 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. | In the long run we're all dead.
| 
|  | |
10-18-2009, 10:43 PM
|
#2077 | | NEWBIE ACCOUNT!
Join Date: Feb 2008 Location: New Westminster
Posts: 20
Thanked 0 Times in 0 Posts
Failed 6 Times in 2 Posts
|
Any of you in on GE...
What are your expectations for this week?
| |
| | |
10-19-2009, 11:21 AM
|
#2078 | | 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
| Quote:
Originally Posted by Ulic Qel-Droma 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. | that's correct. you can't claim your losses for the TFSA.
but not having to pay taxes for capital gains (if you are lucky enough) is better than having to pay any taxes. =)
| |
| | |
10-19-2009, 11:36 PM
|
#2079 | | Oh goodie, 5 posts already!
Join Date: Jul 2006 Location: Van
Posts: 9
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
|
anyone know anything about CXAC. It is traded in the US markets. I am hearing some big movement potential due to new commericals that will be broadcast in the states. It is currently sitting at $0.0008 and I think it can hit .003 in the near future.
| |
| | |
10-21-2009, 09:00 PM
|
#2080 | | Captain Happy Bubble is my Homeboy
Join Date: Mar 2003 Location: vancity
Posts: 327
Thanked 12 Times in 8 Posts
Failed 1 Time in 1 Post
|
Anyone getting skiddish about the tech sector? It looks like things are poised to take a correction. I'm thinking of shorting Dell, AMD, or IBM. Also, anyone see a double top forming with AMD?
I'll probably short 2 of the 3. Looks like there is room for a 10-30% return over 2-4 weeks. Anyone have a different viewpoint?
The only difference is Apple, but I'm thinking the market makers are just letting the market climb a little higher before they hammer the price down. Looking for high volume with low spread over a few days.
| |
| | |
10-21-2009, 10:00 PM
|
#2081 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
|
There are still some of the other tech giants haven't reported yet like MSFT HPQ AMZN. I wouldn't get too crazy about shorting.
Unless the market breaks previous lows on the daily time frame which there is a lot support below, nothing suggest to me the dip won't be bought this time.
| |
| | |
10-21-2009, 11:40 PM
|
#2082 | | NEWBIE ACCOUNT!
Join Date: Feb 2008 Location: New Westminster
Posts: 20
Thanked 0 Times in 0 Posts
Failed 6 Times in 2 Posts
| Quote:
Originally Posted by color_wolf anyone know anything about CXAC. It is traded in the US markets. I am hearing some big movement potential due to new commericals that will be broadcast in the states. It is currently sitting at $0.0008 and I think it can hit .003 in the near future. | I don't know too much about this stock but it seems like it has great potential... Very tempted to get in at .0007
| |
| | |
10-22-2009, 07:53 AM
|
#2083 | | RS.net PIMP
Join Date: Aug 2002 Location: Vancouver/LA
Posts: 4,898
Thanked 3,057 Times in 824 Posts
Failed 18 Times in 17 Posts
|
So the news on holes 2, 3, 4 and 5 have been delayed on CAN, however I wouldn't be surprised to see it out tomorrow  In the past week I think we've seen some ppl get tired of waiting and leave, however I expect to see good results showing more gold. Question is how much profit takers we get. Either way, I'm in the money from in at .10, .145 and .325.
Long run I can see CAN following the same path as VEN.
| |
| | |
10-22-2009, 11:03 AM
|
#2085 | | I don't get it
Join Date: Mar 2003 Location: vancouver
Posts: 416
Thanked 22 Times in 5 Posts
Failed 0 Times in 0 Posts
|
took this opportunity to buy in at 0.45 as a spec play  | |
| | |
10-22-2009, 12:12 PM
|
#2086 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
|
what a quarter for AMZN, looks like consumer is not dead after all.
| |
| | |
10-22-2009, 09:25 PM
|
#2087 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
| Quote:
Originally Posted by Scudz Anyone getting skiddish about the tech sector? It looks like things are poised to take a correction. I'm thinking of shorting Dell, AMD, or IBM. Also, anyone see a double top forming with AMD?
I'll probably short 2 of the 3. Looks like there is room for a 10-30% return over 2-4 weeks. Anyone have a different viewpoint?
The only difference is Apple, but I'm thinking the market makers are just letting the market climb a little higher before they hammer the price down. Looking for high volume with low spread over a few days. | See what I mean when bears try to pick a top and get run over by a freight train? A lot of bears got their head handed to them already but some of them still holding on praying the market takes a dive all the sudden. You don't want to be one of them.
| |
| | |
10-22-2009, 11:18 PM
|
#2088 | | Captain Happy Bubble is my Homeboy
Join Date: Mar 2003 Location: vancity
Posts: 327
Thanked 12 Times in 8 Posts
Failed 1 Time in 1 Post
| Quote:
Originally Posted by Carl Johnson See what I mean when bears try to pick a top and get run over by a freight train? A lot of bears got their head handed to them already but some of them still holding on praying the market takes a dive all the sudden. You don't want to be one of them. | I don't jump in with my eyes closed and hope for the best. I still maintain to the fact that the tech stocks that I quoted look ready to fall. Today is merely a temporary set back.
To answer your curiosity, I didn't actually get in. My indicators weren't fully confirmed. I also wouldn't have gone all as I like pyramid. The more the price acts my way, the more I go in.
If I'm wrong, then I'm wrong. I can't be right 100% of the time.
| |
| | |
10-23-2009, 12:21 AM
|
#2089 | | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
Failed 59 Times in 28 Posts
| Quote:
Originally Posted by 1.7El_guy took this opportunity to buy in at 0.45 as a spec play | I hope you remember the news release about the 2nd tranche financing closing and the holding period expiry date coming up.
''a total of 40 million units at five cents per unit. Each unit consists of one common share and one-half of one common share purchase warrant. One full warrant will entitle the holder to acquire one common share at seven cents per share in the first year and 10 cents per share in the second year.''
So on Oct 27th, you have millions of cheap stock (at 5cents; Current share price is .42cents) flooding the market.
| |
| | |
10-23-2009, 02:38 AM
|
#2090 | | I don't get it
Join Date: Mar 2003 Location: vancouver
Posts: 416
Thanked 22 Times in 5 Posts
Failed 0 Times in 0 Posts
|
thanks for the heads up
| |
| | |
10-23-2009, 08:45 PM
|
#2091 | | Captain Happy Bubble is my Homeboy
Join Date: Mar 2003 Location: vancity
Posts: 327
Thanked 12 Times in 8 Posts
Failed 1 Time in 1 Post
|
Today would've been a nice day to start shorting my stocks. Too bad I was asleep. 
Mark my words! Down I say! DOWN DOWN DOWN!
| |
| | |
10-25-2009, 05:11 PM
|
#2092 | | NEWBIE ACCOUNT!
Join Date: Feb 2008 Location: New Westminster
Posts: 20
Thanked 0 Times in 0 Posts
Failed 6 Times in 2 Posts
|
Any hot penny stocks for the week coming up?
| |
| | |
10-25-2009, 05:36 PM
|
#2093 | | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
Failed 59 Times in 28 Posts
|
Off the top of my head,
Dec/MTB [Gold mainly]
News will be out on Monday on a couple of holes. No doubt that many people will be looking to see if continuity of the mineralization is there, as the past hole results have been great.
If it's good news on Monday, look for all the area plays to follow in suit, there's the Aux-v, Nka-v, etc.
| |
| | |
10-26-2009, 03:32 PM
|
#2094 | | My homepage has been set to RS
Join Date: Jul 2001 Location: Vancouver
Posts: 2,247
Thanked 29 Times in 11 Posts
Failed 14 Times in 5 Posts
|
ouch
| |
| | |
10-26-2009, 03:43 PM
|
#2095 | | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
Failed 59 Times in 28 Posts
|
Definitely ouch, not to mention gold fell and the markets in general were down added further pressure on the stock. Anyways, still about 15 more holes to be released in the upcoming weeks.
That's the penny stock market, huge volatility.
| |
| | |
10-26-2009, 04:29 PM
|
#2096 | | Everyone wants a piece of R S...
Join Date: Jun 2006 Location: vancouver
Posts: 351
Thanked 45 Times in 30 Posts
Failed 8 Times in 8 Posts
| Quote:
Originally Posted by andrei Any hot penny stocks for the week coming up? | Try CIT, FNM, FRE
They all have huge risks
CIT is a huge gamble, they're still deciding if they want to go into pre-packaged bankruptcy or restructure + debt swap. The deadline is due November 5. If there is good news, then up up and away! If not, then kiss your stock good-bye
| |
| | |
10-26-2009, 04:31 PM
|
#2097 | | "They call me Bowser...RawR!"
Join Date: Jul 2001 Location: Vancouver
Posts: 8,223
Thanked 906 Times in 366 Posts
Failed 59 Times in 30 Posts
|
CIT made me quite a bit a few months back but damn... seems I haven't been able to pick a winner this entire month..
__________________
"Damn fine car Dodge... Ran over me wife with a Dodge!", Zeke
| |
| | |
10-26-2009, 04:33 PM
|
#2098 | | Everyone wants a piece of R S...
Join Date: Jun 2006 Location: vancouver
Posts: 351
Thanked 45 Times in 30 Posts
Failed 8 Times in 8 Posts
| Quote:
Originally Posted by !LittleDragon CIT made me quite a bit a few months back but damn... seems I haven't been able to pick a winner this entire month.. | Was it when it dropped to .30cents only to rise back up to 1.60?
Then I rode the wave with you haha
| |
| | |
10-26-2009, 04:36 PM
|
#2099 | | Everyone wants a piece of R S...
Join Date: Jun 2006 Location: vancouver
Posts: 351
Thanked 45 Times in 30 Posts
Failed 8 Times in 8 Posts
|
Anyone know a brokerage that can trade on a Pink sheet company?
Credential doesn't let you
missed out on XMDC today damn...........
| |
| | |
10-26-2009, 07:38 PM
|
#2100 | | Wunder? Wonder?? Wander???
Join Date: Feb 2007 Location: Vancouver
Posts: 204
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by no_clue Anyone know a brokerage that can trade on a Pink sheet company?
Credential doesn't let you
missed out on XMDC today damn........... | i'm looking for a broker that allows me to trade in asia markets as well as north american markets and have reasonable commission rates.
also hoping i can also tie in the investing with a TFSA. if anyone knows any, please PM me.
| |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 07:11 PM.
|
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!
