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Supa.Azn 03-15-2006 08:28 PM

STOCK MARKET Thread
 
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?

krazynuck 03-15-2006 08:45 PM

i go through canacord

prices are high BUT i never have no trouble with the transactions

rates are like $75 for purchases over $1000

eklypse 03-15-2006 09:24 PM

http://www.credentialdirect.com/fees...mmissions.aspx

$25 for trades below 1000 shares

Wind 03-15-2006 09:41 PM

i use ... www.ameritradecanada.com

10.99 USD per trade regardless of lot size? they got bought out by TD Waterhouse tho so i am not sure if this will change in the future

man... 75 bucks for a transaction!?!? ballas
I think Scottrade is even 7.99 per transaction

this is the stock market thread.. let's start pumping..

check out Click Commerce!! symbol: CKCM

8.36M float, 3.46M shorted.. that's 46.2% shorted!!!!! get ready for someee short squeeze here!!

l4d2_sarge 03-15-2006 09:57 PM

how much do all your brokers charge you when you sell?

ctsport 03-15-2006 10:12 PM

TD Waterhouse online trading.

misteranswer 03-15-2006 10:18 PM

Quote:

Originally posted by Wind

8.36M float, 3.46M shorted.. that's 46.2% shorted!!!!! get ready for someee short squeeze here!!

Where did you get those stats from?

BlackRCode 03-15-2006 10:22 PM

i just signed up on Action Direct...... my first stock already went up 6% woohoo!! i'm totally new to all this so i went with RBC cause thats where i do all my banking.......just made things simpler......

I'm sure there are better alternatives..... oh well i'm a newbie! ;)

Wind 03-15-2006 11:48 PM

Quote:

Originally posted by misteranswer
Where did you get those stats from?
finance.yahoo.com

if I remember correctly, the short number reported last time was even higher that 3.46M.. close to 50% float shorted..

the shorts either see something very wrong with this company or they're just ready to lose shitload of money..

Ulic Qel-Droma 03-16-2006 12:46 AM

can someone explain what an option is... and how it works

WITHOUT directing me to some site. i want like plain normal dummy person language. not text book language.

Valour 03-16-2006 09:24 AM

option = the right to buy or sell a stock at a certain price. Usually the contract is the right to buy 100 shares of a stock. Therefore, the option will have several elements: an expiry date of when u can exercise the option, the price that you get to buy or sell the stock at, and the actual cost of the option

BlackZRoadster 03-16-2006 09:43 AM

i;ve no idea about stocks and anything related to that.

So whats the bare minimum to get started, is 5000 very little to invest in terms of the stock market?
Where can i get started and where can i go in person to learn everything with an appointment

Valour 03-16-2006 11:00 AM

if u take me to Uranus lounge and buy me drinks and a lap dance, I can give u two out of three hours of instruction.

DownLow 03-16-2006 12:14 PM

I'm a long term buy and hold investor (saving for retirement). I buy through http://www.investments.shareowner.com

Co-op trades are $9. You can only buy their prescreen stocks though, no penny stocks or small companies allowed.

black_s2k: Read everything you can at http://www.fool.com. It's US oriented but the basics are still the same.

77endless 03-16-2006 12:47 PM

try etrade.com

DarkOmenz 03-16-2006 01:12 PM

Quote:

Originally posted by black_s2k
i;ve no idea about stocks and anything related to that.

So whats the bare minimum to get started, is 5000 very little to invest in terms of the stock market?
Where can i get started and where can i go in person to learn everything with an appointment

there really is no bare minumum. Just that how much you want to invest is limited by the amount that you have.

so say for 5000, you can buy 50 shares of share A given each share is $100. But you can buy like 1000 shares of share B if share B is only $5. So really, it all depends on how much the stocks are worth. BTW, in this case, its highly unlikely you can buy share A as there are usually minumum shares you must purchase before you place an order.

Wind 03-16-2006 04:49 PM

Quote:

Originally posted by black_s2k
i;ve no idea about stocks and anything related to that.

So whats the bare minimum to get started, is 5000 very little to invest in terms of the stock market?
Where can i get started and where can i go in person to learn everything with an appointment

Minimum 2000 USD to start an account an Ameritrade.. dunno about other companies but I am pretty sure other companies have something similiar..

as for trading.. yea you can buy one share if u want.. my first trade in my life was 6 shares of Adobe hehe it was so exciting :p

SlySi 03-17-2006 09:01 AM

CIBC. Pay an arm and leg. About $30.00 each trade.

Any penny players out here?
Been doing it for about 4 years now.
Up and down.. but pretty much up.

Mining.. the next Tech Bubble.. :o)

Something to consider if you are watching.

Bought at $2.05
http://finance.yahoo.com/q?d=t&s=CCU.TO
(From a trader tip)

Bought at $1.80
http://finance.yahoo.com/q?d=t&s=QMI.TO
(From a trader tip)

Bought at 3.20
http://finance.yahoo.com/q?d=t&s=GMX.TO
(From a trader tip)

Just bought today at .24
This one is a big gamble.
http://finance.yahoo.com/q?d=t&s=SLT.V

Ulic Qel-Droma 03-17-2006 09:16 AM

Quote:

Originally posted by Valour
option = the right to buy or sell a stock at a certain price. Usually the contract is the right to buy 100 shares of a stock. Therefore, the option will have several elements: an expiry date of when u can exercise the option, the price that you get to buy or sell the stock at, and the actual cost of the option
sounds a lot like a future...

Valour 03-17-2006 10:20 AM

yah, that's another word for it. I think in Canada it's called a warrent or something. Don't matter, the money u earn from it can still get u pu55y!

quayzy 03-17-2006 11:37 AM

a future is an obligation for both parties entering into the contract

rights are an obligation for the seller and the right to go through with the contract for the buyer

bossxx 03-17-2006 03:03 PM

Anyone watch mad money with Jim Cramer?

604king 03-19-2006 03:36 PM

im looking into a company talisman energy ticker TLM i am wondering what you guys think of the stock

SlySi 03-20-2006 09:29 AM

604King,

Dont know much about this stock. But from a quick read and lookup. Definitely is a nice longterm stock.
Very seasonal stock for sure...

Oil... You Need disasters to make a good profit off them..

l4d2_sarge 03-20-2006 11:13 AM

Slysi what u think of this company? http://www.amorfix.com/

mad cow disease still seems to be lingering.... if a cure is found for it these guys will have the patent on the technology that does it


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