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

highfive 03-06-2012 10:11 AM

It will be a while before QE3. Heli-Ben doesn't seem to want QE3 anytime soon. More of just lower interest rate.

TouringTeg 03-06-2012 10:31 AM

Damn.. not even 15% increase in quarterly profit (1.44 billion) and raising dividend from 52 cents to 55 cents per share is causing BNS.TO share price to go up. I gotta stop watching the market today lol

Synarchist 03-06-2012 11:06 AM

bvsn gave me the craziest rush today
watched it rise up to past $56
then tank down to $41
slowly gaining momentum again
holly shiet...
who needs drugs when you got the stock market??

just found out it was because a bunch of brokers liquidating some accounts at market price that cant meet margin requirements anymore ouch!

bbbj 03-06-2012 11:40 AM

bought 4000 shares of urre just now lol... i want to get into pcy or strathmore at this price but no more $$

Synarchist 03-06-2012 11:49 AM

gonna dump half my bvsn shares soon
once it hits 50 again
gonna see if it hits 60 tomorrow if not then gonna clear it out to buy the cheap goodies on the market :D

mr_chin 03-06-2012 01:03 PM

aren't you guys afraid of greece defaulting and messing up the market?

Iceman-19 03-06-2012 03:03 PM

I was thinking the same thing as everyone else. If I sell at 1.12, it's going to get bought out tomorrow while my shares are processing and I'll want to shoot myself. It closed at .97, should I buy in for more now or wait until it opens tomorrow?
Posted via RS Mobile

Toeknee 03-06-2012 04:20 PM

Greek PSI deadline is March 8.

http://www.zerohedge.com/sites/defau...ion%20Tree.jpg
Here's the decision tree for how the shit will unfold... Bailout ain't happening if the PSI doesn't go through. Its fate will be sealed before March 20 at this rate..
Don't hold on to your horses for too long... better to take your profit now and see how this unwinds, then come back when there's less risk on the table. IMHO

suzuka84 03-06-2012 07:38 PM

Quote:

Originally Posted by bbbj (Post 7820824)
bought 4000 shares of urre just now lol... i want to get into pcy or strathmore at this price but no more $$

i haven't seen anyone mention PCY on this forum. I'm a shareholder too.

suzuka84 03-06-2012 07:40 PM

I've been sitting on cash for the past few months waiting for stock prices to correct. As the equity markets continue to fall, you guys may want to look at Fairfax Holdings. The whole book is hedged.

Synarchist 03-06-2012 08:18 PM

impossible
ecb will not let it happen
just a scare tactic for general public

Quote:

Originally Posted by mr_chin (Post 7820908)
aren't you guys afraid of greece defaulting and messing up the market?


Iceman-19 03-07-2012 05:25 AM

Bought another 88 shares of CLL at 0.97, and 500 at 0.96. All I could spare, wish I could go more!!!

strykn 03-07-2012 07:16 AM

$4500 in 1 hour too easy!

Iceman-19 03-07-2012 09:02 AM

Bastard. What stock(s)?

strykn 03-07-2012 01:28 PM

DSCO. $5 mar puts. 100 contracts @ .50 , tomorrow they will be over 1.00 :)

waddy41 03-07-2012 05:12 PM

Does anyone here sell naked puts?
If so, which broker are you using or which broker allows you to do so?

Iceman-19 03-07-2012 05:38 PM

Quote:

Originally Posted by strykn (Post 7822191)
DSCO. $5 mar puts. 100 contracts @ .50 , tomorrow they will be over 1.00 :)

That was French to me.
Posted via RS Mobile

waddy41 03-07-2012 08:15 PM

by puts = assuming the stock price will decrease..

also = strykn has got BALLS

blkgsr 03-07-2012 10:01 PM

looking at putting some more money into my TFSA tomorrow....

more CUU (FS by the end of the money according to the last report)

or what else?

strykn 03-07-2012 11:40 PM

Quote:

Originally Posted by blkgsr (Post 7822729)
looking at putting some more money into my TFSA tomorrow....

more CUU (FS by the end of the money according to the last report)

or what else?

http://i2.kym-cdn.com/entries/icons/...4/facepalm.jpg

learn to trade dude, how much money has CUU made you so far?... think about it... lol

lowside67 03-08-2012 05:20 AM

YNG is pretty cheap right now. CLL is down a bit as well but I have a hard time recommending it - I bought it with more emotion than I care to admit and am having a hard time logically defending it. If it went back up now to the $1.10-$1.11 range I would probably get out.

Mark

Synarchist 03-08-2012 06:42 AM

update on TBET
Tibet Pharmaceuticals: The Next China Stock That Is Going Private - Seeking Alpha

blkgsr 03-08-2012 07:16 AM

Quote:

Originally Posted by strykn (Post 7822869)
learn to trade dude, how much money has CUU made you so far?... think about it... lol

made? nothing, but i'm about even

how's everyone else's portfolios looking right now...

CUU's definetly been a ride which will hopefully be worth the long long wait

shawnly1000 03-08-2012 07:32 AM

Quote:

Originally Posted by Synarchist (Post 7822998)

LOL SeekingAlpha :heckno:

I wouldn't hold my breath, but best of luck nonetheless.

Iceman-19 03-08-2012 07:55 AM

I dont know why you dont think CLL is a good holding, but I am definitely looking forward to March 15th.


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