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. | | |
07-03-2010, 10:11 AM
|
#2326 | Ready to be Man handled by RS!
Join Date: Nov 2006 Location: Vancouver
Posts: 82
Thanked 2 Times in 2 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by ws6ta thoughts on BP? anyone looking at buying and if so when? | i bought some BP in the very low $30's, only a small holding, i have a lot of concerns about its future earnings and dividend due to the oil spill, but like the post above said, crude should be pretty volitile, they are expecting one of the heaviest hurricane season this summer, any supply shortage issues should benefit BP's stock price
|
| |
07-04-2010, 08:15 PM
|
#2327 | I *Fwap* *Fwap* *Fwap* to RS
Join Date: Aug 2007 Location: Internet
Posts: 1,564
Thanked 572 Times in 130 Posts
Failed 154 Times in 35 Posts
|
anyone else thinking of picking up JAV in the near future?
|
| |
07-05-2010, 09:08 AM
|
#2328 | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
Failed 11 Times in 6 Posts
| http://streetauthority.com/news/best-ideas-week-456315
Tesla Motors (Nasdaq: TSLA)
We expressed amazement that shares of Tesla Motors shot up so quickly following its IPO.
Well, sanity has been restored, as shares crashed back down in subsequent sessions. But they're still overvalued, and could eventually fall by half from current levels.
A look back at the history of Delorean Motor Cars is instructive. That car maker -- made famous in the movie Back to the Future -- told investors that it needed to make 20,000 cars every year to break even. But went on to make only 10,000 cars -- in its entire three-year history.
Action to Take --> Tesla has only sold roughly 1,000 vehicles in two years, and you could argue that the total market for expensive niche cars like this never exceed a few thousand. At some point, it will dawn on investors that Tesla is unlikely to ever turn a profit. Despite the pullback, this looks ripe for shorts.
|
| |
07-06-2010, 12:57 AM
|
#2329 | I STILL don't get it
Join Date: Sep 2005 Location: vancouver
Posts: 470
Thanked 26 Times in 11 Posts
Failed 3 Times in 2 Posts
|
so what does everybody think about the stock market and the economy in general now?
are we in for a double dip or is this just a correction?
I for one think this is just a correction and that things are still recovering, albeit at a much smaller pace.
Thoughts?
|
| |
07-06-2010, 11:58 PM
|
#2330 | Ready to be Man handled by RS!
Join Date: Nov 2006 Location: Vancouver
Posts: 82
Thanked 2 Times in 2 Posts
Failed 0 Times in 0 Posts
|
i feel we're at the bottom end of the correction on Monday, as the summer rolls on, I'm bullish on crude and nat gas, and bought some HGD as it's quite obvious there's a pull back on bullion as the concerns in Europe subsides
|
| |
07-11-2010, 12:35 PM
|
#2331 | Unauthourized Spammer
Join Date: Jun 2005 Location: .
Posts: 494
Thanked 64 Times in 20 Posts
Failed 0 Times in 0 Posts
|
I'm still holding my BP shares. I was lucky to get in at 27.01 - 27.03. That's probably going to be my last play of the year. I picked up ESU0 for 1004 which I'm still holding. I will probably hold the rest of the year but my trailing stop is at 20 points below at 1050 now.
I had no idea it was going to rebound that fast otherwise I would have purchased a few hundred more.
If anyone would like to get together for another trading session please let me know. I think Ulic wouldn't mind helping out with it as well although I know he's taken a break from trading (I have as well other than these two plays this year).
|
| |
07-12-2010, 06:42 AM
|
#2332 | 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
|
More strong drill results from CAN today, opened @ $1.06, @ $1.11 now.
|
| |
07-12-2010, 03:51 PM
|
#2333 | RS.net, where our google ads make absolutely no sense!
Join Date: Apr 2001 Location: Vancity
Posts: 995
Thanked 38 Times in 15 Posts
Failed 1 Time in 1 Post
|
If you like that type of tight deal play look at Foundation FDN - similar run recently on new project/company
Back then only had 8 milllion shares out and decent cash / historic deposit
|
| |
07-13-2010, 07:09 AM
|
#2334 | 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
|
CAN moving again this morning, $1.31 right now |
| |
07-13-2010, 07:14 AM
|
#2335 | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
Thanked 2,081 Times in 532 Posts
Failed 439 Times in 100 Posts
|
keep and eye on KIA
|
| |
07-13-2010, 11:56 AM
|
#2336 | 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
|
CAN $1.48 now and I'm saying it has a long way to go still, hope some of you got in if you didn't get in the .30s to .50s lol. I know 1 person here that has and now can go buy himself a new sportbike |
| |
07-13-2010, 12:06 PM
|
#2337 | I STILL don't get it
Join Date: Jun 2001 Location: Yaletown
Posts: 494
Thanked 93 Times in 50 Posts
Failed 10 Times in 3 Posts
| Quote:
Originally Posted by 7seven CAN $1.48 now and I'm saying it has a long way to go still, hope some of you got in if you didn't get in the .30s to .50s lol. I know 1 person here that has and now can go buy himself a new sportbike | R6, GXSR, or CBR.. I can't decide! Posted via RS Mobile |
| |
07-15-2010, 05:02 PM
|
#2338 | I *Fwap* *Fwap* *Fwap* to RS
Join Date: Aug 2007 Location: Internet
Posts: 1,564
Thanked 572 Times in 130 Posts
Failed 154 Times in 35 Posts
|
BP!!!!!!!!!!!!!!!!!!!!!
|
| |
07-15-2010, 09:41 PM
|
#2339 | 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
|
Hell, I don't usually like to brag or anything. But if you've listened to me, you've just made 10 bucks on a 30 bucks stock in 2 weeks. Some people would kill to make that kind of return in a year =D
|
| |
07-15-2010, 09:47 PM
|
#2340 | 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
|
It's okay if you missed the move though. Keep a close eye on on APC. This guy has potential although I wouldn't chase it.
|
| |
07-16-2010, 01:13 AM
|
#2341 | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,719
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
| Quote:
Originally Posted by ehhhwik i bought some BP in the very low $30's, only a small holding, i have a lot of concerns about its future earnings and dividend due to the oil spill, but like the post above said, crude should be pretty volitile, they are expecting one of the heaviest hurricane season this summer, any supply shortage issues should benefit BP's stock price | good trade man.
|
| |
07-16-2010, 08:52 AM
|
#2342 | Ready to be Man handled by RS!
Join Date: Nov 2006 Location: Vancouver
Posts: 82
Thanked 2 Times in 2 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by ehhhwik i bought some BP in the very low $30's, only a small holding, i have a lot of concerns about its future earnings and dividend due to the oil spill, but like the post above said, crude should be pretty volitile, they are expecting one of the heaviest hurricane season this summer, any supply shortage issues should benefit BP's stock price | Quote:
Originally Posted by Ulic Qel-Droma good trade man. | yes indeed, i unloaded half my holdings yesterday at $39.50 |
| |
07-17-2010, 11:50 PM
|
#2343 | 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
|
I bought some activision blizzard stock ATVI on Friday.
With Starcraft 2, World of Warcraft expansion, Diablo 3, Call of Duty etc
I predict some strong profits!
|
| |
07-18-2010, 03:54 PM
|
#2344 | I *Fwap* *Fwap* *Fwap* to RS
Join Date: Aug 2007 Location: Internet
Posts: 1,564
Thanked 572 Times in 130 Posts
Failed 154 Times in 35 Posts
|
thoughts on PRRY? i think i will be holding it for about a month if it goes my way
Last edited by van_driver; 07-18-2010 at 04:59 PM.
|
| |
07-18-2010, 05:08 PM
|
#2345 | RS.net, where our google ads make absolutely no sense!
Join Date: Sep 2008 Location: Vancouver
Posts: 933
Thanked 288 Times in 152 Posts
Failed 76 Times in 23 Posts
|
Question...:
How much do we get taxed for capital gains?
IIRC.. It's 50% of your earnings from stocks that are taxable? But whats the tax rate?
|
| |
07-18-2010, 06:58 PM
|
#2346 | 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
|
tax rate is same as your income tax
|
| |
07-19-2010, 12:18 AM
|
#2347 | 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 gearshifter Question...:
How much do we get taxed for capital gains?
IIRC.. It's 50% of your earnings from stocks that are taxable? But whats the tax rate? | 50% of the capital gains is taxable, to clarify.
|
| |
07-19-2010, 11:38 AM
|
#2348 | 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
|
I think you all should buy some CAN now |
| |
07-19-2010, 11:46 AM
|
#2349 | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
Thanked 2,081 Times in 532 Posts
Failed 439 Times in 100 Posts
|
wow CAN is running pretty good
|
| |
07-19-2010, 12:25 PM
|
#2350 | 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
| Quote:
Originally Posted by gdoh wow CAN is running pretty good | Yup, and now just halted |
| | | |
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 03:08 PM. |