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Synarchist 03-01-2012 08:50 PM

also interesting to note is that Russia and China are buying up uranium resources all over the world
and most of them are planned to start production in 2013 :D
even UUU.TO is 51% controlled by Russia's Rosatom

highfive 03-02-2012 09:23 AM

Quote:

Originally Posted by Synarchist (Post 7812649)
tibet pharma ceo says company plans to go private and buy back shares for $3
Tibet Pharmaceuticals, Inc. Announces Intent to Go Private - Yahoo! Finance
shares are at $1.8 a bargain or what?

It's down to $1.63. I believe the CEO is planning to buy it for $3 a share. He holds about 3 million of its 14.8 million shares. The company has a lot of cash on hand I think $20 million? when the company mkt cap is $24 million lol.

I'm confident that this company will be bought out for $3/share. The CEO will probably able to get a loan and once he takes the company private, he can use the cash from the company to pay it back. Plus, he can always take this company and bring it to public in Hong Kong which would make him even more money.

pastarocket 03-02-2012 09:31 AM

-just want to comment on the good stock market information available on this thread. Uranium eh? Hmmm. -sounds like a good long term investment.
-definitely will do some due diligence on uranium stocks.

shawnly1000 03-02-2012 09:46 AM

Quote:

Originally Posted by highfive (Post 7816311)
It's down to $1.63. I believe the CEO is planning to buy it for $3 a share. He holds about 3 million of its 14.8 million shares. The company has a lot of cash on hand I think $20 million? when the company mkt cap is $24 million lol.

I'm confident that this company will be bought out for $3/share. The CEO will probably able to get a loan and once he takes the company private, he can use the cash from the company to pay it back. Plus, he can always take this company and bring it to public in Hong Kong which would make him even more money.

PUDA...nuff said
Posted via RS Mobile

Synarchist 03-02-2012 12:05 PM

yea im definitely holding :)
betting on the guy speaking the truth
not that much cash in it anyway

Quote:

Originally Posted by highfive (Post 7816311)
It's down to $1.63. I believe the CEO is planning to buy it for $3 a share. He holds about 3 million of its 14.8 million shares. The company has a lot of cash on hand I think $20 million? when the company mkt cap is $24 million lol.

I'm confident that this company will be bought out for $3/share. The CEO will probably able to get a loan and once he takes the company private, he can use the cash from the company to pay it back. Plus, he can always take this company and bring it to public in Hong Kong which would make him even more money.


TouringTeg 03-02-2012 12:09 PM

YNG.TO down 10% Ugh.

Synarchist 03-02-2012 12:16 PM

i tried to pick up as much of oil and mining stocks as i could today
also picked up some sub penny stocks for a monday play :p
so happy with the 52 week barrier BVSN broke today

Quote:

Originally Posted by AME_VIP (Post 7816448)
YNG.TO down 10% Ugh.


lowside67 03-02-2012 12:41 PM

Quote:

Originally Posted by AME_VIP (Post 7816448)
YNG.TO down 10% Ugh.

I bought another 5000 shares today at $0.365, hard to resist at that price. Avg cost is now down to $0.388 including commissions. I don't really know if the price movement today is still as a result of the price of gold fluctuating but regardless I'm still happy to own it, hopefully I'm not eating my words when the financials come out in March and definitely not when the revised NI 43-101 is released in April.

Mark

Ulic Qel-Droma 03-02-2012 12:43 PM

i'm still kicking myself for a small mistake that cost me 36-40grand profit.

i shorted 4 contracts of gold before that drop.
shorted 4 contracts of euro dollar.

i lowered my stop loss to early, market came up and just touched it then dropped.
fuck.

if anyone was wondering, gold dropped because "someone" sold 3 000 000 ounces of gold, in 5 minutes.

blkgsr 03-02-2012 02:40 PM

damn lol

Iceman-19 03-02-2012 07:03 PM

Ugh YNG at 38 cents and no cash to buy with. Well I do, but I'm using it as a downpayment on a new car, haha.
Posted via RS Mobile

Synarchist 03-03-2012 10:51 AM

Double DAyAMM

Quote:

Originally Posted by Ulic Qel-Droma (Post 7816485)
i'm still kicking myself for a small mistake that cost me 36-40grand profit.

i shorted 4 contracts of gold before that drop.
shorted 4 contracts of euro dollar.

i lowered my stop loss to early, market came up and just touched it then dropped.
fuck.

if anyone was wondering, gold dropped because "someone" sold 3 000 000 ounces of gold, in 5 minutes.


Synarchist 03-03-2012 08:58 PM

i bought the same amount at the same price too lol
which brokerage do you trade with?
and what do they charge for commissions?

Quote:

Originally Posted by lowside67 (Post 7816484)
I bought another 5000 shares today at $0.365, hard to resist at that price. Avg cost is now down to $0.388 including commissions. I don't really know if the price movement today is still as a result of the price of gold fluctuating but regardless I'm still happy to own it, hopefully I'm not eating my words when the financials come out in March and definitely not when the revised NI 43-101 is released in April.

Mark


lowside67 03-04-2012 12:43 AM

I'm getting raped currently at TD Waterhouse but my new quarter starts in April and from there I will have unlimited trades at a flat $9.99 which will help immensely. I am currently paying $29 for most trades and above that for some larger $$$ amounts. TAG cost me over $60 to buy!

Synarchist 03-05-2012 12:35 AM

ouch..
hope you opened it as a TFSA account
or are you using a margin account for the new quarter?

Quote:

Originally Posted by lowside67 (Post 7818281)
I'm getting raped currently at TD Waterhouse but my new quarter starts in April and from there I will have unlimited trades at a flat $9.99 which will help immensely. I am currently paying $29 for most trades and above that for some larger $$$ amounts. TAG cost me over $60 to buy!


Synarchist 03-05-2012 12:41 AM

im with hsbc and they charge me a flat fee of $6.88 per trade
i opened it as a tfsa so i can skip some tax on capital gains
but they really rape me on exchange rates whenever i buy us stocks
had to open another margin account in us funds to bypass that crap
but it sucks cuz i havent figured out a way to effectively reduce taxes from any gains yet
without having to leave the funds in there for many years
the plus side is i can do swing trades without having to wait for settlement

lowside67 03-05-2012 06:00 AM

Quote:

Originally Posted by Synarchist (Post 7819255)
ouch..
hope you opened it as a TFSA account
or are you using a margin account for the new quarter?

TFSA... I am a TD customer and just wanted to use Waterhouse for ease of integration with the rest of my accounts.

In unrelated news, TAG hit another monster well and currently the SP is relatively unchanged - anybody who has some money sitting around it's a great bet, they have 3 other wells in testing right now and most are bound to flow oil! With production of 4000BOED and 5000 expected before March is over, TAG is very cheap compared to NZ. Regardless I own both.

Spoiler!


Mark

jasonturbo 03-05-2012 06:34 AM

Yikes.. I sure know how to pick em' lol.

Lots of red today :(

jackmeister 03-05-2012 07:02 AM

Quote:

Originally Posted by lowside67 (Post 7819330)
TFSA... I am a TD customer and just wanted to use Waterhouse for ease of integration with the rest of my accounts.

In unrelated news, TAG hit another monster well and currently the SP is relatively unchanged - anybody who has some money sitting around it's a great bet, they have 3 other wells in testing right now and most are bound to flow oil! With production of 4000BOED and 5000 expected before March is over, TAG is very cheap compared to NZ. Regardless I own both.

Spoiler!


Mark

I have TD waterhouse too and paid my fair share of >29 bucks per trade. One day I called in and asked nicely if I can get cheaper trades and they set mine to 9.99 forever. I was only a couple thousand short of the 50k threshold though. YMMV?

TouringTeg 03-05-2012 08:14 AM

Commodities getting hit hard thanks to China lowering their growth expectations. Lots of red here too. POT, CLL, YNG

Synarchist 03-05-2012 09:27 AM

bvsn hit another 52 week high record of $49
someone dumps a large amount of shares at market price setting <----lol!!!
brings prices down to near $39
now its back up to $46
all this within 30 mins :O

Geoc 03-05-2012 09:29 AM

getting absolutely destroyed :okay:

4th quarter statements has now become the swan song for short term holdings, and US elections for long term...

jasonturbo 03-05-2012 10:11 AM

Added some YNG today :D It's all about the silver lining!

Synarchist 03-05-2012 10:36 AM

aezs popped over the weekend

TouringTeg 03-05-2012 10:45 AM

Added 5550 shares of YNG @ .36 as well. I'm hoping a floor will be estabilished and buyers will come back.


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