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Old 10-18-2009, 11:31 PM   #2076
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Quote:
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i believe in the TFSA accounts, u cannot claim your losses...
I should check if it can be transferred out...

Quote:
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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.
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Old 10-18-2009, 11:43 PM   #2077
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Any of you in on GE...
What are your expectations for this week?
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Old 10-19-2009, 12:21 PM   #2078
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Quote:
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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. =)
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Old 10-20-2009, 12:36 AM   #2079
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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.
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Old 10-21-2009, 10:00 PM   #2080
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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.
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Old 10-21-2009, 11:00 PM   #2081
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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.
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Old 10-22-2009, 12:40 AM   #2082
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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
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Old 10-22-2009, 08:53 AM   #2083
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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.
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Old 10-22-2009, 11:24 AM   #2084
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mmmm news out early http://www.marketwire.com/press-rele...N-1064111.html

Good news is that they keep finding more gold, but as expected, profit taking right now, be patient.

Graph showing gold intercepts http://www.corebox.net/properties/ma...hp?deposit=473

Last edited by 7seven; 10-22-2009 at 12:58 PM.
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Old 10-22-2009, 12:03 PM   #2085
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took this opportunity to buy in at 0.45 as a spec play
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Old 10-22-2009, 01:12 PM   #2086
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what a quarter for AMZN, looks like consumer is not dead after all.
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Old 10-22-2009, 10:25 PM   #2087
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Quote:
Originally Posted by Scudz View 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.
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.
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Old 10-23-2009, 12:18 AM   #2088
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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.
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Old 10-23-2009, 01:21 AM   #2089
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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.
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Old 10-23-2009, 03:38 AM   #2090
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thanks for the heads up
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Old 10-23-2009, 09:45 PM   #2091
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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!
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Old 10-25-2009, 06:11 PM   #2092
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Any hot penny stocks for the week coming up?
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Old 10-25-2009, 06:36 PM   #2093
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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.
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Old 10-26-2009, 04:32 PM   #2094
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ouch
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Old 10-26-2009, 04:43 PM   #2095
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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.
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Old 10-26-2009, 05:29 PM   #2096
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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
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Old 10-26-2009, 05:31 PM   #2097
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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..
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Old 10-26-2009, 05:33 PM   #2098
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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
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Old 10-26-2009, 05:36 PM   #2099
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Anyone know a brokerage that can trade on a Pink sheet company?
Credential doesn't let you
missed out on XMDC today damn...........
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Old 10-26-2009, 08:38 PM   #2100
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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.
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