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-   -   STOCK MARKET Thread (https://www.revscene.net/forums/374823-stock-market-thread.html)

gdoh 07-19-2010 11:32 AM

i wonder what they are going to come out with

gdoh 07-19-2010 11:36 AM

also take a look at SD they bought area around CAN

7seven 07-19-2010 01:01 PM

14.3 mil shares bought deal financing @ $1.40 with TD for $20mil. A little lower than I expected, but non the less, CAN story still has a long way to go.

dbc 07-19-2010 08:27 PM

so glad i bought some with my TFSA at .50

thanks for the heads up!

JulyZerg 07-24-2010 02:24 AM

Wow CAN was a pretty good buy back then lol

Slifer 07-24-2010 08:43 AM

Damn, missed out on CAN...
7seven, what do you think of Skyline Gold Corporation (SK)? Good potential?

pastarocket 07-26-2010 01:29 PM

Check out Scotia i Trade.
 
Quote:

Originally Posted by Supa.Azn (Post 4295380)
Anyone here have investments in Stocks?? was wondering through which brokerage you order your stocks from? Mine is through Royal Bank action direct but the commission rates are ridiculous. wondering if there are other sites that offer cheaper trades?

Check out Scotia i-Trade. Canadian or U.S. equity trades (150 trades per quarterly period) start at $6.99 flat fee. Their commission fees are low compared to other brokerages.

Scotia i-Trade fee chart:

https://www.scotiaitrade.com/pages/home/fees1.shtml

blum2001 07-29-2010 11:38 AM

CAN just broke $2.00.

God it feels good to own it.

Slifer 07-29-2010 07:36 PM

holy shit up 22%

SiRV 07-30-2010 08:05 AM

Yo 7seven, give us a few hours heads up next time so we can join in on the earnings too please!

gdoh 07-30-2010 08:26 AM

keep MER on watch looks good same with HUD :thumbsup:

ehhhwik 08-05-2010 07:54 AM

i hope nobody here is holding MFC, its ruined a lot of ppl's portfolios

Carl Johnson 08-05-2010 12:52 PM

MFC was a garbage stock when it was in the 20s, it's no different today. Management has being destroying shareholder's value for years, and there's no reason to own it unless it breaks above 16 again.

dipp 08-05-2010 11:04 PM

Do you guys think it's worth it to make some decent money if i only have like a few hundreds to trade with?

Carl Johnson 08-05-2010 11:45 PM

You mean a few hundred thousands right? lol jk.

But seriously, you will barely able to cover the commissions from just the buying and selling of shares. If you just want to just play around and not be serious about it, you will still need at least $5,000 I say. Otherwise what's the point of holding 4 shares of AAPL. I don't mean to discourage you or anything, but you do need a large chunk of initial capital, in order to make some decent money in any asset class.

mas604 08-05-2010 11:56 PM

is bp stock worth buying since its plugged?

AWDTurboLuvr 08-06-2010 10:08 AM

Maybe, but there are still the civil fines that are coming to BP. Not sure how they will affect the stock price.

gdoh 08-06-2010 11:01 AM

Quote:

Originally Posted by Carl Johnson (Post 7057319)
You mean a few hundred thousands right? lol jk.

But seriously, you will barely able to cover the commissions from just the buying and selling of shares. If you just want to just play around and not be serious about it, you will still need at least $5,000 I say. Otherwise what's the point of holding 4 shares of AAPL. I don't mean to discourage you or anything, but you do need a large chunk of initial capital, in order to make some decent money in any asset class.

why would you buy AAPL to me it makes no sense they dont have much room to grow and you need so much money to invest.

i would invest into penny stocks it has much more room to grow and is alot easier for it to do so. just make sure you do your dd, have patience, and dont put all your eggs into one basket

Carl Johnson 08-06-2010 03:48 PM

I was just giving it as an example; I did not say go and buy it. Penny stocks are great when they work but with not much disclosures and many times unproven management, it is pretty risky. For someone new into the field of investing, Fortune 500 companies are a great place to start.

willcls 08-08-2010 11:47 PM

Quote:

Originally Posted by gdoh (Post 7057733)
why would you buy AAPL to me it makes no sense they dont have much room to grow and you need so much money to invest.

i would invest into penny stocks it has much more room to grow and is alot easier for it to do so. just make sure you do your dd, have patience, and dont put all your eggs into one basket

because AAPL is the most legitimate growth story out there. when steve jobs came back to the company the stock was at like what $3? the stock is followed by institutional investors as well as small individual investors. every analyst on the street has a target of over $300. i think that target is way too conservative. they are trading with a forward PE ratio of 15. earnings is what drives stock prices and AAPL makes a butt load of money. penny stocks dont grow 99% of them lose investors money quarter after quarter. personally I could care less about some piece of crap exploration company dicking around spending boatloads of money looking for oil/gold etc etc and then have nothing to show for it
oh yeah.. buying 1 $1000 stock is worth $1000
buying 2 $500 stock is still $1000
buying 100 $10 is still $1000
you should focus on quality not quantity

ws6ta 08-09-2010 06:48 AM

anyone day-trading s&p or dow???

no_clue 08-09-2010 08:08 PM

Quote:

Originally Posted by willcls (Post 7060801)
because AAPL is the most legitimate growth story out there. when steve jobs came back to the company the stock was at like what $3? the stock is followed by institutional investors as well as small individual investors. every analyst on the street has a target of over $300. i think that target is way too conservative. they are trading with a forward PE ratio of 15. earnings is what drives stock prices and AAPL makes a butt load of money. penny stocks dont grow 99% of them lose investors money quarter after quarter. personally I could care less about some piece of crap exploration company dicking around spending boatloads of money looking for oil/gold etc etc and then have nothing to show for it
oh yeah.. buying 1 $1000 stock is worth $1000
buying 2 $500 stock is still $1000
buying 100 $10 is still $1000
you should focus on quality not quantity

Yes yes, but when you have more shares, you get more dividends which is the point of these blue-chip companies. So buying such small amounts is IMO useless.

Also don't forget that Steve Jobs has health problems and when he kicks the bucket, AAPL will tank for a while

Spoon 08-09-2010 08:52 PM

Quote:

Originally Posted by no_clue (Post 7061825)
Yes yes, but when you have more shares, you get more dividends which is the point of these blue-chip companies. So buying such small amounts is IMO useless.

I hold mostly blue chips, and this is the first time I've seen someone say this. Most people look at the yield.

ehhhwik 08-11-2010 11:39 AM

It's never "pointless" to buy any bluechip stock, if your arguement is that you won't get back any significant amount of dividend payments thus being pointless, then i guess you have a point, but the concept that most of us agree on is that you dont need an extremely large amount of capital to start investing (ex. $100,000) and everyone should start investing at some point, because as with most investments, time and compounding will add up over time thus its not entirely "pointless"

waddy41 08-11-2010 05:27 PM

just bought BAC Bank of America today....
The buy signals are not strong but it's at its one year low...


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