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Old 03-15-2006, 08:28 PM   #1
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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?
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Old 03-15-2006, 08:45 PM   #2
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i go through canacord

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

rates are like $75 for purchases over $1000

Last edited by krazynuck; 03-15-2006 at 08:46 PM.
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Old 03-15-2006, 09:24 PM   #3
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http://www.credentialdirect.com/fees...mmissions.aspx

$25 for trades below 1000 shares
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Old 03-15-2006, 09:41 PM   #4
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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!!

Last edited by Wind; 03-15-2006 at 09:46 PM.
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Old 03-15-2006, 09:57 PM   #5
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how much do all your brokers charge you when you sell?
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Old 03-15-2006, 10:12 PM   #6
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TD Waterhouse online trading.
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Old 03-15-2006, 10:18 PM   #7
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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?
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Old 03-15-2006, 10:22 PM   #8
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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!
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Old 03-15-2006, 11:48 PM   #9
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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..
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Old 03-16-2006, 12:46 AM   #10
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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.
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Old 03-16-2006, 09:24 AM   #11
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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
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7seven: I really can't stand all these idiots who hit the gym now just because they watched 300 and want to be like a spartan. Case in point, this skinny guy comes into the gym the other day, must have only weighed ~ 140lbs, loads on 2 plates on the bench rack, mutters to himself, for sparta, unracks the barbell and proceeds to drop it directly on his chest.
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Old 03-16-2006, 09:43 AM   #12
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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
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Old 03-16-2006, 11:00 AM   #13
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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.
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7seven: I really can't stand all these idiots who hit the gym now just because they watched 300 and want to be like a spartan. Case in point, this skinny guy comes into the gym the other day, must have only weighed ~ 140lbs, loads on 2 plates on the bench rack, mutters to himself, for sparta, unracks the barbell and proceeds to drop it directly on his chest.

Last edited by Valour; 03-16-2006 at 11:01 AM.
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Old 03-16-2006, 12:14 PM   #14
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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.
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Old 03-16-2006, 12:47 PM   #15
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try etrade.com
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Old 03-16-2006, 01:12 PM   #16
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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.
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Old 03-16-2006, 04:49 PM   #17
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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
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Old 03-17-2006, 09:01 AM   #18
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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.. )

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
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Old 03-17-2006, 09:16 AM   #19
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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...
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Old 03-17-2006, 10:20 AM   #20
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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!
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7seven: I really can't stand all these idiots who hit the gym now just because they watched 300 and want to be like a spartan. Case in point, this skinny guy comes into the gym the other day, must have only weighed ~ 140lbs, loads on 2 plates on the bench rack, mutters to himself, for sparta, unracks the barbell and proceeds to drop it directly on his chest.
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Old 03-17-2006, 11:37 AM   #21
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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
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Old 03-17-2006, 03:03 PM   #22
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Anyone watch mad money with Jim Cramer?
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Old 03-19-2006, 03:36 PM   #23
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im looking into a company talisman energy ticker TLM i am wondering what you guys think of the stock
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Old 03-20-2006, 09:29 AM   #24
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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..
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Old 03-20-2006, 11:13 AM   #25
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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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