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09-20-2011, 07:30 AM
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#5226
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I *heart* Revscene.net very Muchie
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anyone buy more CUU yesterday/friday with the low?
seems to be moving up a bit this morning....hopefully closes over 1.50
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09-20-2011, 09:07 AM
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#5227
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RS Veteran
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So my BIP (defensive) BNS.TO, SLF.To are doing ok, but POT continues to slide today.
Can anyone explain why POT continues to go down?
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09-20-2011, 09:30 AM
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#5228
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Banned (ABWS)
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Location: Richmond, BC
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^Not sure, since CIBC just increased it's price target. I'm tempted to buy-in to POT right now...
edit: bought in at 51.75
Last edited by Jermyzy; 09-20-2011 at 10:05 AM.
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09-20-2011, 09:50 AM
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#5229
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Need my Daily Fix of RS
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Quote:
Originally Posted by blkgsr
anyone buy more CUU yesterday/friday with the low?
seems to be moving up a bit this morning....hopefully closes over 1.50
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i would if i could lol. titan should be out soon; they said mid-end sept. ny? (forgot which location, TO was last week) conference starts today and it should be exciting if they release some news. However, i just noticed that BFS has been delayed until end of dec...
Last edited by aznl3oi; 09-20-2011 at 10:04 AM.
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09-20-2011, 10:07 AM
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#5230
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RS Veteran
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Quote:
Originally Posted by Jermyzy
^Not sure, since CIBC just increased it's price target. I'm tempted to buy-in to POT right now...
edit: bought in at 51.75
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Most analysts saying it's a strong buy. Just found an article from an 1hr ago but doesn't explain why it's going down. Besides the fact it has trailed the market.
Potash Corp. of Saskatchewan Fails to Capitalize on Price-Target Hike | Market Observations | Schaeffer's Investment Research
Nice!! Great strike price
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Victoria Car Assessments - Condition assessments (test drive, photos, deficiencies and summary). RS member references available. IG @touringteg
1998 Acura Integra Type R #0635
2017 Honda Civic Type R #01818
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09-20-2011, 10:35 AM
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#5231
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Banned (ABWS)
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^Are you holding it long-term? Looking at POT, it seems to fluctuate between $50-60 for last 6 months. I'm looking to sell at maybe 56-57, then wait for it to drop again and re-buy in.
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09-20-2011, 10:55 AM
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#5232
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RS Veteran
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Yep I am looking at holding for about 1 yr. As I see the price go down I am buying more! Although I am getting nervous today with back to back 4% drops.
__________________
Victoria Car Assessments - Condition assessments (test drive, photos, deficiencies and summary). RS member references available. IG @touringteg
1998 Acura Integra Type R #0635
2017 Honda Civic Type R #01818
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09-20-2011, 11:26 AM
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#5233
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Banned (ABWS)
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Can somebody explain the pre/post stock-split prices of POT? Looking at the price chart on Google Finance, pre-split price was $62. Post-split was still ~$60? If stock was split 3:1, shouldn't price be $20?
Last edited by Jermyzy; 09-20-2011 at 11:40 AM.
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09-20-2011, 11:26 AM
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#5234
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I don't get it
Join Date: Mar 2011
Location: vancouver
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mkt tank. unseen greece default? cant neg with creditors?
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09-20-2011, 11:46 AM
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#5235
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SiRVs up, dude
Join Date: Jan 2004
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Quote:
Originally Posted by Jermyzy
Can somebody explain the pre/post stock-split prices of POT? Looking at the price chart on Google Finance, pre-split price was $62. Post-split was still ~$60? If stock was split 3:1, shouldn't price be $20?
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if you actually looked at it the day before it split on google charts it would have displayed as around $180 (not the $6x.xx). The chart is automatically adjusted after the split.
An example I have would be... me buying shares of citibank at 2.60 back in 2008, and selling it for $39.00 in 2011. If you google finance it back 2 years, you'll see it NEVER hit $2.60 (it was adjusted to $26 on the chart)
edit: there are also two types of splits, POT was reverse split
http://en.wikipedia.org/wiki/Stock_split
http://en.wikipedia.org/wiki/Reverse_stock_split
edit 2: I just bought some POT too for a 3-4 month hold to see if it hits the target price
Last edited by SiRV; 09-20-2011 at 11:51 AM.
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09-20-2011, 11:49 AM
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#5236
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Rider
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Quote:
Originally Posted by lime56
mkt tank. unseen greece default? cant neg with creditors?
Posted via RS Mobile |
why the fuck is Greece still in the EU its like the size of BC =|
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09-20-2011, 12:16 PM
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#5237
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I don't get it
Join Date: Mar 2011
Location: vancouver
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^^. politics. if greece is let go, it will seem the euro state was a mistake. can u imagine the protests and anarchy ppl saying i told u so?
underneath all this is the threat of war within europe if the euro state was abolished
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09-20-2011, 12:22 PM
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#5238
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I don't get it
Join Date: Mar 2011
Location: vancouver
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uh. too scoobysnx. dont know if pm works.
no msn dude
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09-20-2011, 04:37 PM
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#5239
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I don't get it
Join Date: Mar 2011
Location: vancouver
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Quote:
Originally Posted by AME_VIP
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commodities are very good at predicting contraction/recessions. like an leading indicator. please look st macro ecnomics when making commodity plays
oil, coal, copper etc. gold is harder to judge since it hedges on currency use and all the speculative money being put in already
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09-20-2011, 05:17 PM
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#5240
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I don't get it
Join Date: Mar 2011
Location: vancouver
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Quote:
Originally Posted by waddy41
you're a day late
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U wanna pile in with me or what? 
Last edited by lime56; 09-20-2011 at 06:29 PM.
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09-21-2011, 10:12 AM
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#5241
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SiRVs up, dude
Join Date: Jan 2004
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Anyone think tck is a good buy at the moment?
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09-21-2011, 10:31 AM
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#5242
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Banned (ABWS)
Join Date: Mar 2003
Location: Richmond, BC
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Added some more POT at 50.75, if it drops to below 50 tomorrow, will probably do one more buy.
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09-21-2011, 10:54 AM
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#5243
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RS Veteran
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Good point Lime about commodities being on the leading edge of a recession.
Very nice was just thinking about the same thing. Think I will buy some more as I think this dip in POT is short lived.
__________________
Victoria Car Assessments - Condition assessments (test drive, photos, deficiencies and summary). RS member references available. IG @touringteg
1998 Acura Integra Type R #0635
2017 Honda Civic Type R #01818
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09-21-2011, 11:17 AM
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#5244
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Banned (ABWS)
Join Date: Mar 2003
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^That's what I'm hoping for! Looking at past 6 months, the price fluctuates from $50-60
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09-21-2011, 11:34 AM
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#5245
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WOAH! i think Vtec just kicked in!
Join Date: Oct 2005
Location: Vancouver
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Another day of sitting on the sideline watching the sheer madness and insanity.
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09-21-2011, 11:39 AM
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#5246
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SiRVs up, dude
Join Date: Jan 2004
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If any of you guys can get a hold of it, I suggest watching the documentary "Collapse". It's on the American version of Netflix and may be torrentable, really good documentary that tells you where the real good investments should be made
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09-21-2011, 12:00 PM
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#5247
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WOAH! i think Vtec just kicked in!
Join Date: Oct 2005
Location: Vancouver
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Don't say I didn't warn you guys. But looking at how to market traded today. I think there could be more pain to come.
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09-21-2011, 12:26 PM
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#5248
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I *heart* Revscene.net very Muchie
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agreed, keep a close eye on futures
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09-21-2011, 12:39 PM
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#5249
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Banned (ABWS)
Join Date: Mar 2003
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Quote:
Originally Posted by Carl Johnson
Don't say I didn't warn you guys. But looking at how to market traded today. I think there could be more pain to come.
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Almost all my stocks are long-term hold, dividend-paying stocks anyways. If they start dropping even more, I will just add more of them to my portfolio.
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09-21-2011, 12:41 PM
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#5250
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I don't get it
Join Date: Mar 2011
Location: vancouver
Posts: 444
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what the hell? stop looking at POT and copper
the fed is selling short term debt to buy long term debt!!!!
if yields on short term are edging higher and pass long term debt, u know what that means???
inverse yield curve. macro econ ppl!!! macro econ!!!!
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