[Gt-R R34]

most discount brokerage *i assume thats what your doing* have their forms usually online but they always require signatures and be sent in/blank void cheque to attach that account with your banking account. So for the registeration, no. As for the transaction, everything will be done online, cuz you are signing up for an online-discount brokerage.

Other then that your good to go. :)

[Bender Unit]

Originally posted by kaitamasaki
question:

Can I do everything from registering an account to buying stocks all from my computer (online)?

Or do I have to go to say, TD, in person to register an account, do the transactions, etc.? You can register an trading account online. Actually you will be following step by step on the online register form, afterward print it out & mail back to ___ Bank Invest department. Usually will take 5 days to processing.

All the trading can be do it online or by phone (commission charge) anywhere with internet connection (transfer money, buy/sell stock & funds)

[Death2Theft]

Lol greedy investors tanking after getting only a .25 rate cut.

[Bender Unit]

^ there're Bulls, there're Bears, & there're Greedy Pigs :D
Huge drop after the rate cut no kidding :(

[Jonydakiller]

all should be better by next week...no worries

[McDick]

don't worry..
US economy doesn't seem as bad as people thought.

I will think today's sell-off as buying opportunities... I am ready to pull the trigger on Apple.

[asian_XL]

lol...dow -360 today

[bossxx]

Someone fire off some .OB's.. I need to refresh my penny stock list. It looks like shit. lol

[Gt-R R34]

Originally posted by McDick
don't worry..
US economy doesn't seem as bad as people thought.

I will think today's sell-off as buying opportunities... I am ready to pull the trigger on Apple.


sells always gives opps.

US economy is as BAD as ppl think. Full information jst isn't leaked out. US credit crunch is estimated @ 1 TRILLION dollars lost. Note: that doesn't even begin to account for rest of the worlds investment portfoilios. On top of that, if the credit crunch tanks, you'll see the us dollar go to shiet even more, and different countries forex would lose billions.

snowball effect but give companies credit, they fixing it as slowly as easy as they can.

[asian_XL]

or dill....my china rail....oh noes, I would have made another 500cdn in one day.

china insurance and hk MTR are my next choices.

[tyauzer1]

TSX-V : CMX (carmax Explorations) - I bought in at an average of .16 cents, Today closed at .37. Took a good two months before big move but it happened... and this friday the company is releasing "results" on their Drill holes. SO if you like to take risks for Huge gains / huge losses Buy this play here. It has a lot of anticipation for good results thats why it ran up so High 2day.

[bossxx]

http://biz.yahoo.com/prnews/071212/law119.html?.v=70

I bought this one a few weeks ago. Today they announced an acquisition.. with another PR scheduled for tomorrow with more details.

[Supa.Azn]

Wow thanks for this HOT TIP.. i bought 70K shares 2day at an average of .335 cents and they released some MAJOR news on drill results!!! i think 100% increase at least at the open on MONDAY morning.

Link (http://www.stockhouse.ca/news/news.asp?tick=CMX&newsid=6261594)

Originally posted by tyauzer1
TSX-V : CMX (carmax Explorations) - I bought in at an average of .16 cents, Today closed at .37. Took a good two months before big move but it happened... and this friday the company is releasing "results" on their Drill holes. SO if you like to take risks for Huge gains / huge losses Buy this play here. It has a lot of anticipation for good results thats why it ran up so High 2day.

[McDick]

Originally posted by redliine
http://biz.yahoo.com/prnews/071212/law119.html?.v=70

I bought this one a few weeks ago. Today they announced an acquisition.. with another PR scheduled for tomorrow with more details.


OUCH~ Down 51% today!

I would avoid all pennies stock because it can go up and down so much in one day.
If you have few thousands you can risk, then do it. You might be able to make a quick double in couple days.
But I wouldn't want to risk $50K on pennies stocks.

I rather you bring your money to casino and play Baccarat. At least is 50/50 chance (excluding 5% commission).

[Gt-R R34]

I think if you got stock-tips. It's good and all but please do your own DD.

as for:
CMX, i have a good position on it. imho, i don't see it shooting up, the news (which i don't think the guy that took the tip can read) is decent, but for any longs. if the the other holes are jst as well, then your lookin good.

First couple of holes, above avg, jst not a gonna go crazy. imho.

avg @ 0.22

now for the bias part:

I HOPE IT SHOOTS TO THE MOON! HUGE Positionin this stock.

[Supa.Azn]

I did my own dd and the news looks good. what are u ranting about... i probably know how to read assay results better than you. They only released 2 holes of 12 , and their Far east Zone which has Drilled 3 different holes contain Palladium, platinum and Nickle Credits. Those results havent even been released yet. The stock closed at .35 cents and a market cap of only 24 million! The results are AMAZing for what this stock is trading at. Obviously its nothing like SPECTACULAR that ill throw my house into is or play it like a bluechip stock. Im just saying for its current stock value.. it should be trading WAY HIGHER.

[Gt-R R34]

not ranting @ all. i got a bigger position then you. What i'm saying is what i see.

[McDick]

how much did you guys invest in that stock? few thousands or over $10K?

[Death2Theft]

Put my life savings into LDK time to get ready to jump off the bridge!

[Supa.Azn]

yeah well over 10k

Originally posted by McDick
how much did you guys invest in that stock? few thousands or over $10K?

[Gt-R R34]

as i said before supa.azn.

Watch cmx, carefully. When they released the two holes, what you didn't know, (i presume) was a 3rd hole was suppose to be released @ the same time. That wasn't, that jst gives it some speculation. I can see with speculation on the remaining 11 holes that this will jump up to 1dollar-ish.

I however, put this stock @ 50cents at the moment.


edit: even then, i stand to make 100+% return. :)

[McDick]

Originally posted by Gt-R R34
as i said before supa.azn.

Watch cmx, carefully. When they released the two holes, what you didn't know, (i presume) was a 3rd hole was suppose to be released @ the same time. That wasn't, that jst gives it some speculation. I can see with speculation on the remaining 11 holes that this will jump up to 1dollar-ish.

I however, put this stock @ 50cents at the moment.


edit: even then, i stand to make 100+% return. :)

Good for you~ but next thing you know, people will sell on the news.

Pennies stocks are not for me. It's more like gambling than investment. I wouldn't touch any stocks that is worth less than $20/share and didn't have a positive earning.

Just be careful. I rather you open a margin account and trades stocks from it. The risk is much less than your penny stocks.

[Gt-R R34]

i love my penny stocks. It's junk vs quality. speculation vs news.

If i did the txs, i'd rather jst do my HSI. Way more money to be had/lost.

As they say: High risk/High reward

[Scoobysnax]

are you still jumping off that bridge? :lol

Originally posted by Death2Theft
Put my life savings into LDK time to get ready to jump off the bridge!

[McDick]

Originally posted by redliine
http://biz.yahoo.com/prnews/071212/law119.html?.v=70

I bought this one a few weeks ago. Today they announced an acquisition.. with another PR scheduled for tomorrow with more details.

Down 80% in two trading days! Holy. .
I hope you didn't throw $10K into that stock!

[McDick]

CMX down 38% today! I don't know man..
All I know pennies stocks are control by market players which has tons of money to play with. They can control the stock either way.

Just be careful.

[Gt-R R34]

thats why i was worried about supa.azn....

I came out slightly ahead, sold most of it off. from making 10gs+ down to a couple gs.

i feel for him tho he's out atleast. 4kish.


edit: still i've played to long in penny stocks to be afraid of them.

[Supa.Azn]

no its ok dont feel sorry for me, i daytraded it 3 times today, so im actually up.
Sold at .27 bought back at .22.
Sold at .24 bought back .225
Sold at .23 bought back .215

This stock is definintely a daytraders dream.. learnt it 2day LOL. Gluck to you.

[KaOsTiK]

i know that hot penny stocks always get thrown around without much research..but here's my contribution (and yes, i've done extensive research into these guys)

http://finance.google.com/finance?q=PINK:ONMC

another one to watch out for is KXL:tsx, especially around the january convention time.

i've done my research on both these guys and they've done very well for me...but i figure i may as well make a contribution here.

check it out and do your own research, gluck.

[Gt-R R34]

Originally posted by Supa.Azn
no its ok dont feel sorry for me, i daytraded it 3 times today, so im actually up.
Sold at .27 bought back at .22.
Sold at .24 bought back .225
Sold at .23 bought back .215

This stock is definintely a daytraders dream.. learnt it 2day LOL. Gluck to you.


awesome!!! i ddin't daytrade this @ all today even with the volume.

had enough shares to straight sell, while my avg was low @ 22cents.

[Taiwanese]

I work at Canaccord, but I buy through RBC

[Supa.Azn]

Canaccord are the biggest stock manipulators everrr. They have the money to do that though so I cant whine.

Originally posted by Taiwanese
I work at Canaccord, but I buy through RBC

[McDick]

If you can take big swing up/down, then penny stocks are suitable for you.

I just can't take that 15-50% swing up/down everyday, too much for me. So I just buy big cap stocks.

I purchased Apple at $185 with my margin account couple days ago. I am looking for a quick 10% before their MacWorld conference in January 15, 2008.

Anyone researched on any big cap stocks on Dow/Nasdaq? Let me know.
I am looking for stocks that is not Tech/Oil related.
Most of my stocks are either Technology or Oil.

I am looking into Citibank (C) ...

[Scoobysnax]

Look into Solar. That sector is still very hot, even though the P/E is kinda crazy for some of the big names like FSLR and SPWR. I just made a killing on CSIQ and LDK the last few weeks :). Also shipping is another sector I invested in. DRYS and DSX are both oversold imo. I would stay away from financial stocks until rates stabilizes.

[Bender Unit]

Don't know if you are interest in retail

take a look at LuLuLemon.
They just went up to $50 & now went down back to $45
Althought I'm totally out of it now, but I will see if I can get back in near high 30+.

[death_blossom]

Originally posted by Bender Unit
Don't know if you are interest in retail

take a look at LuLuLemon.
They just went up to $50 & now went down back to $45
Althought I'm totally out of it now, but I will see if I can get back in near high 30+.
I dun think Lululemon will drop below $40, unless something big happens.

[McDick]

Originally posted by death_blossom
I dun think Lululemon will drop below $40, unless something big happens.

lululemon MIGHT have a chance to dip down below $40. I don't think they are worth $40 since their P/E ratio is so high.

[Scoobysnax]

lulu p/e is way too high for a retailer. I rather buy crox.

[McDick]

I don't really LuLuLemon (retailer) because it's way too expensive. I think they are worth $25 similar to American Eagles (AEO).

How often do you shop at LuLuLemon than American Eagles?
Since I don't do any Yoga, so I am sure I won't buy any of their product.

[Death2Theft]

How many people are buying stupid fruity plastic sandals in the winter? How many GUYS shop at lulu?

I mean if women invested their money instead of spending it, they'd put it right on lulu. However since guys do the investing they dont see lulu's potential.

[McDick]

Originally posted by Death2Theft
How many people are buying stupid fruity plastic sandals in the winter? How many GUYS shop at lulu?

I mean if women invested their money instead of spending it, they'd put it right on lulu. However since guys do the investing they dont see lulu's potential.

Exactly!
LuLuLemon is only targeting people who buy Yoga/Gym clothing and female buyers only. Their business line is too narrow.

At least I don't like it.

I am still long on MDR, AAPL, BIDU, FWLT, MA.

[KLOv3]

Go RIMM Go.......

[xxxrsxxx]

yes go RIMM go....already up over 10% in after market

[Death2Theft]

Heres a chance for you to work on your "people skills" approach every girl you see wearing lulu and ask them if they do yoga. You'll be suprised by the results.
Originally posted by McDick
Exactly!
LuLuLemon is only targeting people who buy Yoga/Gym clothing and female buyers only. Their business line is too narrow.

At least I don't like it.

I am still long on MDR, AAPL, BIDU, FWLT, MA.

[l4d2_sarge]

yeah baby thank you RIMM for a very merry XMA$$$$ told everyone to buy it lol I hope you listened

[Scoobysnax]

I took my gains on RIMM and bought more AAPL. Im with Mcdick, with AAPL reporting in Jan as well as the big conference, the stock should show steady increase up to then.

[l4d2_sarge]

yeah im very long on aapl... what price did u get out of rimm at

[McDick]

Originally posted by Scoobysnax
I took my gains on RIMM and bought more AAPL. Im with Mcdick, with AAPL reporting in Jan as well as the big conference, the stock should show steady increase up to then.

Hey Scoobysnax:

I would recommend that you sell Apple before the MacWorld Conference. According to what happened last few years, Apple usually go down after the MacWorld (when Apple release new products).

I got in $185 two weeks ago. I am going to sell before the MacWorld (due to using my margin account, couldn't take 10% hit in case selloff after earning). But I expected it will go up to around $205-210 before MacWorld.

Everyone knows Apple will beat the earning by a large margin, but it will sell off after earning.

Just don't hold through the earning. But if you buy Apple for long term investment, don't worry about it. Apple looks good throughout 2008.

I am looking into VISA IPO right now. It's coming in January 2008.

[Supa.Azn]

Another STOCK on the radars in the small cap mining is TSX-V:BMK
It has made a jump of 64% during todays trading and has a lot more upside potential. MACDONALD MINES EXPL (BMK:TSX-V) Owns property in the McFaulds Lake area, close to where NORONT (NOT) hit their motherload to shoot their S/P up from pennies to 4-7 dollars. BMK only has 72 mill shares outstanding and plenty of resources. Watch for this stock to soar in the weeks ahead! Do your own DD, im just giving a headup

[7seven]

CMX is really moving today, up over 50%. Got a whack at .155 and .16 and sitting on some certs.

[Bender Unit]

Originally posted by tyauzer1
TSX-V : CMX (carmax Explorations)
F--- Yeah. Gotta say Thank You to tyauzer
67.74% today


here is a stock I'm watching, not high volume thou.
TSX-V: AMA (Aeromechanical Services Ltd - Aerospace)

[BennyDub]

check out the company called Digital Angel. They are DIGA on the nasdaq market. They make RFID chips and their website says some crazy ass shit. Stock is pretty cheap right now and I think its gonna go through the roof when those little chips get used in everything from razors to cows to actually being implanted in humans

[McDick]

Originally posted by BennyDub
check out the company called Digital Angel. They are DIGA on the nasdaq market. They make RFID chips and their website says some crazy ass shit. Stock is pretty cheap right now and I think its gonna go through the roof when those little chips get used in everything from razors to cows to actually being implanted in humans

RFID been out the market for over 3+ years. There are tons of companies who manufacture those tiny RFID chips.. for example "ATML".

[bossxx]

Gotta close eye on GSPG.ob..

Might pick up 130,000 shares monday or tuesday.

Any thoughts?

http://finance.yahoo.com/q?s=GSPG.OB

[bossxx]

Originally posted by Supa.Azn
Another STOCK on the radars in the small cap mining is TSX-V:BMK
It has made a jump of 64% during todays trading and has a lot more upside potential. MACDONALD MINES EXPL (BMK:TSX-V) Owns property in the McFaulds Lake area, close to where NORONT (NOT) hit their motherload to shoot their S/P up from pennies to 4-7 dollars. BMK only has 72 mill shares outstanding and plenty of resources. Watch for this stock to soar in the weeks ahead! Do your own DD, im just giving a headup

Nice find. Friday it moved up 30%. Wish I would have checked this thread earlier!

[bossxx]

OK i just put a buy order in for 127k lol gltme

gspg.ob

[Gt-R R34]

bmk.v is good to go. IMHO.

[TurtMcDirt]

Originally posted by Gt-R R34
bmk.v is good to go. IMHO.

seems like it!

supposedly, theres a NR on jan 15th. might be assay results. if they can produce better results than NOT.v (location neighbor), we're going to see some nice highs.

[bossxx]

PR never came out. Pretty sluggish volume today as well. I have my eye on it tho!

[7seven]

CMX news release on drill results on 8 holes from their Eaglehead property on Monday, whos still in?

Keeping an eye on BBRE and JNY, sitting on big positions and certs.

[Gt-R R34]

What a week... it hasn't ended yet...TXS down 1000, CDNX is down 230.

my monitor is dripping blood this week.

[KaOsTiK]

meant to post this earlier for you guys...but i've been shorting ABK all day

i don't typically like giving advice, but there's a lead for you guys to follow-up and research on


also...if anybody (approx 5-7 ppl) wanted to form like a little discussion/research group hit me up.

i've been wanting to get a few buddies together for awhile to cover more ground in investment research since there's only so much any one of us can do on our own...especially if you work and such. anyhow, most of my buddies couldn't be bothered to get into learning about stocks and the markets.

[Mananetwork]

My dad's a day trader, he's trying to get me to trade too. Only problem is he's a lousy teacher, cuz throwing a book in my face and telling me to read it all won't help me learn.

How did you guys start?. Where should I start, what should I read? I need hands on training, because starting from book will only lead me to passing out on the couch. I've searched online, but there's just way to much info.

[Hondaracer]

Originally posted by Mananetwork
My dad's a day trader, he's trying to get me to trade too. Only problem is he's a lousy teacher, cuz throwing a book in my face and telling me to read it all won't help me learn.

How did you guys start?. Where should I start, what should I read? I need hands on training, because starting from book will only lead me to passing out on the couch. I've searched online, but there's just way to much info.

i'm just beggining to get into it as well, i've read Hedge funds for dummies, a couple Jim cramer books [the guy from Mad money] and now i've been watching and tracking stocks with stockhouse.com and google finance

it's not much but it's a start :/

[KaOsTiK]

Originally posted by Hondaracer
i'm just beggining to get into it as well, i've read Hedge funds for dummies, a couple Jim cramer books [the guy from Mad money] and now i've been watching and tracking stocks with stockhouse.com and google finance

it's not much but it's a start :/

read:

the intelligent investor by benjamin graham
and
the boglehead's guide to investing

two really good books

[McDick]

Originally posted by Chuck Norris
The amount of money I've made the last 3 months shorting is just sick. I'm buying now though.

How much did you make in shorting?
I lost $15K since new year. . .

[bossxx]

Originally posted by 7seven
CMX news release on drill results on 8 holes from their Eaglehead property on Monday, whos still in?

Keeping an eye on BBRE and JNY, sitting on big positions and certs.

Do you have a link for when you heard that info from?

GSPG announcing drill results as well sometime next week.

[Gt-R R34]

1 Word for today:

BloodBath.

[k2_alpha]

with the loss of today and last week
the tsx lost all gains made from last year

[KaOsTiK]

great.. losses mean i'll be buying soon

[Jonydakiller]

God, i guess my money is stuck for a while:flamemad:
TSX: -586.63 - 16:09 ET

[97ITR]

Originally posted by KaOsTiK
great.. losses mean i'll be buying soon

same... I sold everything except for SIRI back at the end of Sept and have been waiting for this to happen. Probably going to hold off a bit more before I get back in.

[KaOsTiK]

Originally posted by 97ITR
same... I sold everything except for SIRI back at the end of Sept and have been waiting for this to happen. Probably going to hold off a bit more before I get back in.

ya..i know a bunch of ppl are shitting cuz they lost money.. but honestly, this isn't something that ppl didn't see coming.

i;ve been hearing guys complaining all day about losses they've been taking..which makes me wonder if ppl even bother doing their research into stocks they invest :banghead:

[HonestTea]

deadly = _ =

[97ITR]

Just wait till the tomorrow when the US market opens again.

[aperfectcircle]

probably not rock bottom yet

[Jackwimmer]

this is BAD!!!
97ITR, i coulda did a 420TT Z up with the amount of money lost! LOL

[asian_XL]

I just shat bricks

[KaOsTiK]

Originally posted by KaOsTiK
meant to post this earlier for you guys...but i've been shorting ABK all day

i don't typically like giving advice, but there's a lead for you guys to follow-up and research on


also...if anybody (approx 5-7 ppl) wanted to form like a little discussion/research group hit me up.

i've been wanting to get a few buddies together for awhile to cover more ground in investment research since there's only so much any one of us can do on our own...especially if you work and such. anyhow, most of my buddies couldn't be bothered to get into learning about stocks and the markets.

still interested in finding ppl who'd wanna research shit and make some money since it'll be a prime time to make some key buys

[Gt-R R34]

thing is even if you did DD on a certain company and you see it going to have a good upside.

You'd still feel the pain of losing either all your gains and some of your investment or your investment in general. a lot of people aren't serious trader, buy and keep for a while. thats why they feel the pain more then day traders.

that being said: most day trader i know usually have huge position on 1-5 stocks they feel it's going big and rarely do they sell off all to cut loses.

[Cloudy_Hair]

if any of you are still going long in a market like this, you must be f$#@#ing insane..... more blood on the market tomorrow

[bossxx]

BMK took a huge hit with their pR today lol.. they drilled and found nothing. Stock dropped 30%. Glad I didn't buy.

GSPG looking for drlil results by EOM. I read that some dude bought 11% of the company recently.

What is ABK all about? They are having a conference call tomorrow. Stock has taken huge hits over the last week. Oh Ambac lol they are all screwed.

Man I hope the markets don't get raped tomorrow morning. fakk I gotta feeling things won't be in the green for a couple days.

[KaOsTiK]

ya.. abk is gonna take a dump, but i'm still watching it..they were hot to short last week

best of luck to all you in the morning

[wycked]

http://hk.finance.yahoo.com/q/bc?s=%5EHSI&t=1d&l=on&z=m&q=l&c=

Sick. Combine that with yesterday's hit as well.

[onani]

hmmm....

http://hotimg16.fotki.com/a/203_218/94_95/HS.jpg

[impactX]

This is the time when I am glad that I did not invest a single penny in the stock market.

[97ITR]

Originally posted by wycked
http://hk.finance.yahoo.com/q/bc?s=%5EHSI&t=1d&l=on&z=m&q=l&c=

Sick. Combine that with yesterday's hit as well.

roh row, I forsee many people jumping off buildings in HK if this continues.

[Jackwimmer]

tsx is up baby!!

[KaOsTiK]

Originally posted by redliine

What is ABK all about? They are having a conference call tomorrow. Stock has taken huge hits over the last week. Oh Ambac lol they are all screwed.


dunno if you've been watching them today...but they continue to be good to short this morning

[7seven]

CMX halted, news release out shortly

[Scoobysnax]

Originally posted by KaOsTiK
dunno if you've been watching them today...but they continue to be good to short this morning hmm they gain 30% today when they reported substantial losses? Any reasoning behind that? What about e-trade? they report on thursday.. good short play ?

[KaOsTiK]

Originally posted by Scoobysnax
hmm they gain 30% today when they reported substantial losses? Any reasoning behind that? What about e-trade? they report on thursday.. good short play ?

yup...after their stock started declining, i paid interest to them and started doing my homework/research. i think as it stands, their shares dropped about 90%

i'm working until 5 but you can drop me a PM if you'd like more info.

[bossxx]

I dunno if i should ride thru this storm or sell my shares and wait for the drill results and buy back then.. fakk..

[bossxx]

Taking a look at APPL 6 month chart, do you guys think now is a relatively good time to buy despite the overall market conditions?

http://finance.yahoo.com/q/bc?s=AAPL&t=6m&l=on&z=m&q=l&c=

Share prices are going to go so low that investors will have to buy because the share prices are going to be huge bargains. Then the markets will shoot back up.

Does anyone think that? when this happens is anyones guess. Just a thought.

[Jackwimmer]

WOW apple dropped that MUCH?

[bossxx]

Yea like 30% since new years. I was kinda shocked too lol

[McDick]

Good thing I took my loss at $176 on Apple. If not, I am toast since I am using my margin account as well!!

But I would say, but Apple in March or something like that. Stocks may rebound in the second half of the year.

I don't think Apple will have the same explosive earning anymore, since I don't even like their new ipod or Macbook Air. . .

[Gt-R R34]

Originally posted by redliine
I dunno if i should ride thru this storm or sell my shares and wait for the drill results and buy back then.. fakk..

take profit, get out? wait for bottom buy back. thats always 1 option.


Originally posted by redliine
Yea like 30% since new years. I was kinda shocked too lol

every us stock is taking a beating. everyone's selling and running to safer territories....bring back the GICs!

[Scoobysnax]

Originally posted by redliine
Taking a look at APPL 6 month chart, do you guys think now is a relatively good time to buy despite the overall market conditions?

http://finance.yahoo.com/q/bc?s=AAPL&t=6m&l=on&z=m&q=l&c=

Share prices are going to go so low that investors will have to buy because the share prices are going to be huge bargains. Then the markets will shoot back up.

Does anyone think that? when this happens is anyones guess. Just a thought.

I'll wait it out til the end of the month, if the feds dont cut another .50 basis pts next week, the market is going to a bigger shitter than it already is in. I got out of AAPL in the 170s and looking to buy some cheap feb calls :P

[amplified]

Originally posted by redliine
Taking a look at APPL 6 month chart, do you guys think now is a relatively good time to buy despite the overall market conditions?

http://finance.yahoo.com/q/bc?s=AAPL&t=6m&l=on&z=m&q=l&c=

Share prices are going to go so low that investors will have to buy because the share prices are going to be huge bargains. Then the markets will shoot back up.

Does anyone think that? when this happens is anyones guess. Just a thought.

I'm staying away for now. It's projected that if their is a recession in the US then Apple's earnings are going to go down. Therefore their share prices will likely fall as well.

[Volvo-brickster]

Originally posted by onani
hmmm....

http://hotimg16.fotki.com/a/203_218/94_95/HS.jpg

i remember last november it was sitting at mid 28 with everyone saying it could hit 30 by mid 2008......damn

[StylinRed]

americas answer to solve the crisis

[KaOsTiK]

for Redliiine and the others paying attention..abk is looking great again

[zerobid]

WTF did anyone see this comin today? dj up... tsx up????

im watchin....

APV.TSX
EVG.TSXV
P.TSX

and i too am a bmk shareholder in around 45 cents
i had a hunch bought a bunch ( i think this will pop back up to 60)
but what do i know!

go luck tomorrow!!!!

[Scoobysnax]

Originally posted by KaOsTiK
for Redliiine and the others paying attention..abk is looking great again

I'm confused.. are you short or long on this play? financials are up huge today..

[KaOsTiK]

Originally posted by Scoobysnax
I'm confused.. are you short or long on this play? financials are up huge today..

this morning i was shorting abk and mbi this morning.

i had a project and proposal i needed to get done for some clients so my day ended around 11:30.

i've been watching both intently since.

[chun]

To answer my own question...

http://economagic.com/

For those who are interested too.

[asian_XL]

Heng Sang up 2400!!! that's like 12%

fuck, I was busy at work, totally missed the chance

[7seven]

Anyone following IQW today, up over 230%. Made a quick $25,000 in a few hours and got out, too iffy to hold overnight.

[fa48]

Originally posted by 7seven
Anyone following IQW today, up over 230%. Made a quick $25,000 in a few hours and got out, too iffy to hold overnight.

Thats really good, was wondering how are you able to pull that off, how are you scouting your potential buys?

[7seven]

Originally posted by fa48
Thats really good, was wondering how are you able to pull that off, how are you scouting your potential buys?

I'm a registered broker also ;) as soon as the 1 billion financing deal hit the newswire the stock jumped and thats when I got in.

[Synarchist]

i was wondering the same
i would be willing to share the profits if there are significant gains

[HonestTea]

Originally posted by 7seven
I'm a registered broker also ;) as soon as the 1 billion financing deal hit the newswire the stock jumped and thats when I got in.

very nice :) How many shares did you buy and at how much?

[Bender Unit]

Originally posted by 7seven
Anyone following IQW today, up over 230%. Made a quick $25,000 in a few hours and got out, too iffy to hold overnight.
Good One. I jumped in too late. Didn't make much.
Agreed on too risky to hold overnight on IQW.
I let it go just before the bell.

share the news earlier next time :D

[7seven]

Got in @ .21 130k shares. Its up to .65 now, with strong bid support.

[7seven]

NNA is runing

[KaOsTiK]

^ thanks for the heads up on nna.

[fa48]

yeh thanks for the great tip!

[bossxx]

Damn I have to check this thread every morning lol

[HonestTea]

Originally posted by 7seven
NNA is runing

very nice and thanks! too bad didn't get a chance to jump in haha =/

[bossxx]

^ what's interesting is that this one opened at .35 (up 130%), and the news release didn't even happen till noon eastern. At noon you do see more movement (up another 28%) not before closing basically at the same price it was before the PR. Obviously insiders knew this was coming (ie 7seven!) haha

[SiRV]

whoa.. hey I've been using google finance to look up these things.. when I searched NNA i saw Northern AIM VCT PLC and New Nadina Explorations Limited..

just wondering if you could (for the newbies) reveal more of the name next time too heh.

I'm assuming it was the New Nadina explorations? because it jumped from 0.1 --> 0.4 cents in a day?

[KaOsTiK]

google finance is decent, but it's 20 mins delayed

if you trade, check out microcaptrade.com


speaking of which...what software do some of you guys use?

[KaOsTiK]

head's up

cctc - the stock will be splitting 5:1 on feb 08.

reference: http://www.nasdaq.com/reference/upcoming_splits.stm

history:
Oct. 22/23
- split 20:1
- closed at $11.00 on the 22nd and opened post-split at $0.55 on the 23rd
- closed the same day at $4.00


again, don't take this info for anymore than what it is. do your research into it if you're interested. gluck


edit...
more ref's:
http://www.cleancoaltechnologies.info
http://www.cleancoaltechnologiesinc.com

[7seven]

Went long on Goldnev GNZ this morning at .155. Let's see how this plays out

[SiRV]

Wow.. GNZ up by 57%..

[KaOsTiK]

Originally posted by KaOsTiK
head's up

cctc - the stock will be splitting 5:1 on feb 08.

reference: http://www.nasdaq.com/reference/upcoming_splits.stm

history:
Oct. 22/23
- split 20:1
- closed at $11.00 on the 22nd and opened post-split at $0.55 on the 23rd
- closed the same day at $4.00


again, don't take this info for anymore than what it is. do your research into it if you're interested. gluck


edit...
more ref's:
http://www.cleancoaltechnologies.info
http://www.cleancoaltechnologiesinc.com

hope some of ya'll checked this one out ;)


and good call with goldnev. i couldn't find enough information to justify riding the run

[fa48]

Good Choice 7even GNZ now at .28

[Wetordry]

BCE

What is your thoughts on the takeover?

you think it will go through?

[Scoobysnax]

damn nice call with GNZ! looks like I need to check this thread early morning to see what 7seven is buying next lol.

[Bender Unit]

Oh F---~ Man
GNZ up 278%

^^:werd:
I gotta check this thread every morning.

[7seven]

Not bad .53 close, probably will gap up a bit for tommorrows opening. I got out at .515, not bad for a days profit, $46,000 and change, that'll buy a few beers.

[Bender Unit]

what's your insight for tomorrow ? :rofl:

[fa48]

Originally posted by 7seven
Not bad .53 close, probably will gap up a bit for tommorrows opening. I got out at .515, not bad for a days profit, $46,000 and change, that'll buy a few beers.


yeh, that should cover you for a bit, are you going to scout something for us for tommorow?? :D

[popnGEAR]

Noob question but where do you guys find out about all these little companies?

[fukamoto]

Oh gawd. I never knew RevScene could make me money....lol

[dton13]

Originally posted by 7seven
Not bad .53 close, probably will gap up a bit for tommorrows opening. I got out at .515, not bad for a days profit, $46,000 and change, that'll buy a few beers.

i think i owe you a few beers =D

[bossxx]

Goldspring up another steady 14% if you guys haven't checked it out yet GSPG.ob

Should continue the steady run up untill the assay results which I keep talking about lol

[McDick]

7seven should post it here before he places an order, so everyone can make few bucks. Haha~

[Synarchist]

that would be nice
then again hes already being nice
ela and sno running btw

[iEatClams]

^ man i missed out. shoulda woke up early to check this thread. lol

thanx for the heads up anyways synarchist

[fa48]

Originally posted by Synarchist
that would be nice
then again hes already being nice
ela and sno running btw



Thanks for checking!

[SiRV]

hey just wondering synarchist/7seven how did you guys catch these things?

[Synarchist]

i wake up at 6am and see what goes on yahoo finance lol

[KaOsTiK]

gspg has been a good run...thnx redliine

anybody else look into cctc?
here's some ref. material:
clicky (http://www.dcsonline.ca/store/letter.pdf)

[fa48]

Originally posted by KaOsTiK
gspg has been a good run...thnx redliine

anybody else look into cctc?
here's some ref. material:
clicky (http://www.dcsonline.ca/store/letter.pdf)

gspg has been around the .02 mark for quite some time, any positive insights into this?

[Supa.Azn]

have my eye on TSX - CAL, interesting news release involving a purchase order from a Chinese Refinery that will purchase over 21,000 Tonnes at minimum of $12.00/lb of Colbalt over 6 years. In layman's term, it means over 550 million in sales for CAL. Read the news release and decide for yourself .17 still cheap to get in.

News Release (http://www.stockhouse.ca/news/news.asp?newsid=6320108&tick=CAL)

[KaOsTiK]

Originally posted by fa48
gspg has been around the .02 mark for quite some time, any positive insights into this?

aside what's already been released, not much else. i'll actually be calling them tomorrow morning to find out more about when they'll release their assay results.

redliine would be the 'expert' to ask about this one.

[Bender Unit]

TAM (Tamerlane Ventures Inc )

Great for shorting today.
alot of volumes
Good Luck

[bossxx]

Originally posted by fa48
gspg has been around the .02 mark for quite some time, any positive insights into this?

News release is supposed to be out tomorrow. Don't jump in till you see the PR tomorrow cuz it could be bad LOL..

Also it hasn't been sitting at .02. It has gone on a run in the last week. Moving up nearly 100% since last week.

[fa48]

Been Watching TSM (Taiwan Semiconductor) I think this is going to hit 10.XX soon.

[Synarchist]

how much do you think it will go up?

[RFlush]

Just curious where do you guys go or use for day trades on penny stocks? Im using HSBC for my HK account as I have never invested on the American or Canadian markets.

But you guys seem to be doing well with 7even's tips etc, I want in on the pie!

[Synarchist]

nna.v and sno.v supposed to be good picks for february

[KaOsTiK]

Originally posted by RFlush
Just curious where do you guys go or use for day trades on penny stocks? Im using HSBC for my HK account as I have never invested on the American or Canadian markets.

But you guys seem to be doing well with 7even's tips etc, I want in on the pie!


questrade as my broke and microcaptrade for RT

[Jonydakiller]

Anyone else on same boat as me? i'm long on etfc

[bossxx]

I'm using credential direct. Its not the best for pennies or intraday.

Keeping a close eye on INFN tomorrow morning. They released news after the bell today. 2007 financials.. they had a very successful year, let's see how everyone reacts. I put a 2k order in.

[iEatClams]

INFN already went up 12% after hours. unless u bought it today. your limit price might be under the open price tomorrow.

[Gt-R R34]

watch on aph.v

[bossxx]

Originally posted by azndude69
INFN already went up 12% after hours. unless u bought it today. your limit price might be under the open price tomorrow.

fakk i missed this one I can't believe it. I had my buy order set for like $10.20 lol

It opened at $13 / share. I dont know how to do after hours trading..

[KaOsTiK]

udtt may look like it could take a run this morning

[Scoobysnax]

thank you microsoft for making me 10k on yahoo LOL

[bossxx]

already up 30%.. misssed the boat lol

[KaOsTiK]

caught the run on nhrx and levp

[bossxx]

^ why didn't u notify me!! LOL

[KaOsTiK]

ngen just had it's patents approved...so it's worth watching

[bossxx]

GOOG sliding out of it's chair thanks to MSFT bid on Yahoo.

Down 10% (or about $50/ share) haha

[KaOsTiK]

long ELY @ 16.21

[bossxx]

I hate missing a run.. if its up 15% or more I don't even bother jumping in. So pissed right now on INFN tho lol.. I have the whole day off to trade and I blew ittt.. fakkk after hours trading..

[KaOsTiK]

huge run
CWRM

[bossxx]

gspg up to .018 this morning with no news.. interesting.

[KaOsTiK]

bkuna ;)

http://bigcharts.marketwatch.com/charts/big.chart?symb=bkuna&compidx=aaaaa%3A0&ma=1&maval=13&uf=8&lf=1024&lf2=1&lf3=4&type=4&size=2&state=11&sid=5110&style=330&time=6&freq=1&nosettings=1&rand=4875&mocktick=1

[KLOv3]

Did anyone jump on the yahoo stock ?
Made some quick cash since this morning.

[fa48]

TSM at 9.66 thinking of getting out, still hoping it can get to 10.xx that'd be nice.

btw good tips from everyone on this thread.

[bossxx]

w00p our dollar is back up on USD :D

I'm gonna pick up TCLT at these prices.. fak my order isn't gettin filled. 5 min to go lol

edit:

sitting on teh sideline till monday i guess.

[Bender Unit]

Good call on those picks :thumbsup:

BKUNA, TSM, INFN

[bossxx]

U bet. I think im gonna take monday off to trade lol.

I'm still choked about INFN. It's like I saw the potential, I put the order in last night, then it blew by me faster than a kid doing a gas run at the Chevron down my road on a tuesday evening. I would have made around $600 today (which is a pretty fun day for me).

Credential direct (my online broker) doesn't do any sales after hours. What a piss off. They also suck cuz they round share prices up to 2 decimal places. Hello penny stocks @ .0045 get rounded to .005 which only shows the 11% gain but not the price so you have to whip out your calculatrice everytime you are basking in sub penny territory (which for me is constantly).

The question earlier in this thread was what brokerages are people using, but the real question is what are the BEST brokerages? I heard e-trade sucks and they take forever to fill orders, I also heard TD isnt the greatest but this is just what I hear.

wtf I just checked out questtrade its only $10/ per trade (unlmd shares), I pay $20. bye bye CD.

[KaOsTiK]

forgot to post these earlier...

monday morning... watch bkuna and getc

bkuna is rumored to possibly be bought out..so watch for a run

getc may continue it's run too. do your homework and watch your montages and L2's in the morning

with platinum starting to gain spotlight this year..check out elr (eastplat) on the tse

and bbp is a good hold

[fa48]

Originally posted by KaOsTiK
forgot to post these earlier...

monday morning... watch bkuna and getc

bkuna is rumored to possibly be bought out..so watch for a run

getc may continue it's run too. do your homework and watch your montages and L2's it he morning

with platinum starting to gain spotlight this year..check out elr (eastplat) on the tse

and bbp is a good hold


Kaostik, those are some good insights, I am just following up on them.

I am just checking up on couple of mining firms, and post them up if I think it'd be worthwhile.

[bossxx]

Thanks for the picks Kaostic.. I am definately playing TCLT and I am going to be watching yours closely as well.

Can't wait for the bell monday morning..

http://www.clubstuttgart.net/pics/play_that_cow_bell.gif

MORE COWBELL!!

Just a note, I will be playing TCLT probably for the duration of the week, however long the merger takes to complete.

PS. GSPG should be fun to watch as well!

[Synarchist]

wheres 7seven?
i wonder what he thinks about those stock picks above

[bossxx]

Feb. 4-8 plays:

TCLT & STXS

Good luck to us this week :)


What is everyone else doing?

[flawless]

^ Did you sign up with questtrade?
Let me know how it is for you.

[bossxx]

No I didn't yet. I still need to read the fine print. I will let you know soon tho.

EDIT: lol @ sig ^^

[flawless]

Thanks lol.

I'll be watching your plays tomorrow while at work. Good luck to ya!

[iEatClams]

do any of u guys trade non-penny stocks? like more small cap or mid-cap stuff? any tips on something thats on the TSE?
i like gold companies right now.

[vl_86]

Originally posted by azndude69
do any of u guys trade non-penny stocks? like more small cap or mid-cap stuff? any tips on something thats on the TSE?
i like gold companies right now.

yah i wonder about that too, everyone seems to be posting their profits from penny stocks but i wonder about their overall portfolio and their net gains

To me it doesn't seem like a good time to invest in gold right now since it hit a record high a couple of days ago

[chun]

Anyone long on BKUNA?

[KaOsTiK]

^ ...i am (scroll up)


in regards to small/mid caps... well, since most of them are holds (for me anyhow)...there isn't much to talk about, about them.

the nature of volatility in penny stocks make it more of a topic to talk about for those trading...which is why it's probably talked about more. ppl get excited about catching runs(obviously you miss and lose money sometimes too..but i doubt you'll hear many of those stories :p)...and posting the tickers to for anybody else interested.

[KaOsTiK]

actu

http://www.foxbusiness.com/markets/industries/technology/article/actuate-reports-record-fourth-quarter-fiscal-year-2007-revenues-earnings_460546_12.html

[Scoobysnax]

Originally posted by azndude69
do any of u guys trade non-penny stocks? like more small cap or mid-cap stuff? any tips on something thats on the TSE?
i like gold companies right now.

i'm on the agriculture bandwagon and hold AGU. They report earnings on the 13th, and Im pretty sure they will blow them away just like POT did.

[KaOsTiK]

DYN looks like it'll bounce back

[bossxx]

Damn mine took a beating today. Gonna dump tclt tomorrow.

Look at these tips I found on a website I visit.. (always good to read these every now and then to keep your head straight!)

1. Forget the news, remember the chart. You're not smart enough to know how news will affect price. The chart already knows the news is coming.

2. Buy the first pullback from a new high. Sell the first pullback from a new low. There's always a crowd that missed the first boat.

3. Buy at support, sell at resistance. Everyone sees the same thing and they're all just waiting to jump in the pool.

4. Short rallies not selloffs. When markets drop, shorts finally turn a profit and get ready to cover.

5. Don't buy up into a major moving average or sell down into one. See #3.

6. Don't chase momentum if you can't find the exit. Assume the market will reverse the minute you get in. If it's a long way to the door, you're in big trouble.

7. Exhaustion gaps get filled. Breakaway and continuation gaps don't. The old traders' wisdom is a lie. Trade in the direction of gap support whenever you can.

8. Trends test the point of last support/resistance. Enter here even if it hurts.

9. Trade with the TICK not against it. Don't be a hero. Go with the money flow.

10. If you have to look, it isn't there. Forget your college degree and trust your instincts.

11. Sell the second high, buy the second low. After sharp pullbacks, the first test of any high or low always runs into resistance. Look for the break on the third or fourth try.

12. The trend is your friend in the last hour. As volume cranks up at 3:00pm don't expect anyone to change the channel.

13. Avoid the open. They see YOU coming sucker

14. 1-2-3-Drop-Up. Look for downtrends to reverse after a top, two lower highs and a double bottom.

15. Bulls live above the 200 day, bears live below. Sellers eat up rallies below this key moving average line and buyers to come to the rescue above it.

16. Price has memory. What did price do the last time it hit a certain level? Chances are it will do it again.

17. Big volume kills moves. Climax blow-offs take both buyers and sellers out of the market and lead to sideways action.

18. Trends never turn on a dime. Reversals build slowly. The first sharp dip always finds buyers and the first sharp rise always finds sellers.

19. Bottoms take longer to form than tops. Fear acts more quickly than greed and causes stocks to drop from their own weight.

20. Beat the crowd in and out the door. You have to take their money before they take yours, period.

[KaOsTiK]

SIRF

looks like a good hold, a bottom bouncer

[KaOsTiK]

sooooo....did anyone give cctc a second look? :p

here was my original post:
http://www.revscene.net/forums/showthread.php?s=&postid=5674626#post5674626


btw:

GOLD HILL, Nev., Feb 05, 2008 /PRNewswire-FirstCall via COMTEX/ -- GoldSpring, Inc. (GSPG) announced today that it has received assay data from American Assay, an independent testing firm, for the four exploratory holes drilled during December 2007 in the Hartford Complex in the Comstock Lode District of Nevada. As part of the Company's Phase 1 Drilling Plan, the four exploratory holes were drilled in a line, demonstrating lateral continuity between the drill holes. The drill results indicate the continuation of the gold and silver mineralization beyond the current boundaries of the Hartford Complex pit on to the Company's adjoining claims further expanding the known ore body. The third party assay results showed ore grades that were 30% greater than the initial grades indicated by the Company's preliminary in-house assays. The first exploratory hole, L07-01, encountered 80 feet of precious metals mineralization from a depth of 70' to 150' grading 0.056 opt gold and 0.668 opt silver. The hole is highlighted by 10' grading 0.117 opt gold and 1.611 opt silver. The second exploratory hole, L07-02, encountered 115' (160' - 275') of precious metals mineralization grading 0.074 opt gold and 0.69 opt silver, highlighted by 15' grading 0.180 opt gold and 0.67 opt silver. The third and fourth exploratory holes, L07-03 and L07-04, encountered gold values highlighted by 30' of 0.036 opt gold and 1.00 opt silver.

The Company's Phase 1 Drilling Program commenced in the Lucerne Pit of the Hartford Complex in December 2007. Jim Golden, GoldSpring's Chief Operating Officer, said, "We are pleased to see the assay results from the outside lab show significantly higher grades of ore than our in-house testing. We are also encouraged by the fact that the mineralization lies close to the surface, creating additional positive economic possibilities."

[bossxx]

Originally posted by KaOsTiK
sooooo....did anyone give cctc a second look? :p

here was my original post:
http://www.revscene.net/forums/showthread.php?s=&postid=5674626#post5674626


btw:

GOLD HILL, Nev., Feb 05, 2008 /PRNewswire-FirstCall via COMTEX/ -- GoldSpring, Inc. (GSPG) announced today that it has received assay data from American Assay, an independent testing firm, for the four exploratory holes drilled during December 2007 in the Hartford Complex in the Comstock Lode District of Nevada. As part of the Company's Phase 1 Drilling Plan, the four exploratory holes were drilled in a line, demonstrating lateral continuity between the drill holes. The drill results indicate the continuation of the gold and silver mineralization beyond the current boundaries of the Hartford Complex pit on to the Company's adjoining claims further expanding the known ore body. The third party assay results showed ore grades that were 30% greater than the initial grades indicated by the Company's preliminary in-house assays. The first exploratory hole, L07-01, encountered 80 feet of precious metals mineralization from a depth of 70' to 150' grading 0.056 opt gold and 0.668 opt silver. The hole is highlighted by 10' grading 0.117 opt gold and 1.611 opt silver. The second exploratory hole, L07-02, encountered 115' (160' - 275') of precious metals mineralization grading 0.074 opt gold and 0.69 opt silver, highlighted by 15' grading 0.180 opt gold and 0.67 opt silver. The third and fourth exploratory holes, L07-03 and L07-04, encountered gold values highlighted by 30' of 0.036 opt gold and 1.00 opt silver.

The Company's Phase 1 Drilling Program commenced in the Lucerne Pit of the Hartford Complex in December 2007. Jim Golden, GoldSpring's Chief Operating Officer, said, "We are pleased to see the assay results from the outside lab show significantly higher grades of ore than our in-house testing. We are also encouraged by the fact that the mineralization lies close to the surface, creating additional positive economic possibilities."

Man i sold my GSPG shares last week. Still made a good profit but I am kicking myself. I hope you are still holding.

As far as cctc, I should have listened to you lol. I took a big loss on one and gonna dump another to pick up some apwr..

Good luck to you this week, should be exciting :)

[KaOsTiK]

lol..why'd u dump gspg so early?

cctc is my golden ticket atm

[Synarchist]

is cctc worth buying still right now?
have the shares split already?

[KaOsTiK]

the split (and details):
http://www.revscene.net/forums/showthread.php?s=&postid=5674626#post5674626

it's worth buying @ 27-28 imo. watch your L2's and see if you can pick up cheaper during the day. Right now the stock is fair illiquid, but there'll probably be more action on fri. just keep your eye on it, i suppose

[Synarchist]

damn cctc running
but i cant seem to get a hold of any shares
stupid cibc sucks

[KaOsTiK]

yup...roughly ~59% over the last couple days

Friday will be very interesting...

[bossxx]

Originally posted by KaOsTiK
lol..why'd u dump gspg so early?

cctc is my golden ticket atm

I got nervous cuz news wasn't coming.. lol

[KaOsTiK]

i think their samples are going to be reassessed, so the stock may dip a little.

it's a good time for re-entry, providing they are legit and the reassessment comes back positive


btw...watch cctc these last two days?

[White_TSX83]

good call on cctc, very good call!

[Feint*]

SIRF looks really interesting with the GPS product growth in phones / apps. Quite cheap given its huge drop today... definitely watching

TSM is great to hold even with the high dividend / yield (5-6%) even for that alone I'd take it, not even mentioning semi conductor + taiwan ftw

Missed CCTC at work today, saw it go from 33 to 43. Thanks for the tip tho! Doesn't the split only count for s/h from Jan / 29 announcement date?

Interactive Intelligence (ININ) dropped huge recently like SIRF, they offer call center services to companies like Capital One. missed earning potentials and dropped on consumer confidence imo.

I lucked out on Yahoo last week at $22 or so, let's hope the buyout goes through! Keep the tips coming!

[bossxx]

COPI is a cheap one worth watching..

Also bought APWR this morning..

gl everyone

[KaOsTiK]

Feint: the split applies to any s/h prev Feb. 8 - close

[KaOsTiK]

wow...insane morning.

cctc hit $75
i'm wondering if we'd see it hit 100 on friday. i had said earlier that there'd probably be volatility on friday...but looks like the party's started a little earlier.

[A]

good call on CCTC KaOsTiK!

[KaOsTiK]

thanks.

looks like it's gonna close mid-50's today. it's at $55 now

right not the ask is 51/bid is 55

it should have a similar trend tomorrow...where it'll shootup first thing in the morning. if it hits 70+ again, i'll be selling and rebuying again.

[Mananetwork]

HUBG looks really good. It went up pretty high today, hopefully it can clear it's 52WkH seeing as it's news is pretty good. Sort of missed the boat if you're looking at it now

[KaOsTiK]

re: goldspring (gspg)

http://money.cnn.com/news/newsfeeds/articles/prnewswire/LATH02407022008-1.htm

[sh0n]

Originally posted by KaOsTiK
thanks.

looks like it's gonna close mid-50's today. it's at $55 now

right not the ask is 51/bid is 55

it should have a similar trend tomorrow...where it'll shootup first thing in the morning. if it hits 70+ again, i'll be selling and rebuying again.

Just curious as to how many shares you got?

Cause the volume looks really low for day to day trading

[KaOsTiK]

~600 total amongst all my accounts.

currently 220,000 shares are un-restricted and the remaining 1.1 million are restricted, meaning they can't be traded for a specified amount of time. if this thing spikes tomorrow, you'll see some ppl exit and re-enter, otherwise there'll be very little volume as ppl are gonna wait for the split.

[KaOsTiK]

if anyone's interested...look at ACUS to bounce

do your research on this one

[White_TSX83]

is cctc splitting tmr morning or tmr closing?

[KaOsTiK]

after close tmr.

[White_TSX83]

thanks.
noob question here: stock split ques

say i purchased 5 shares of the stock after the record date, does that mean i don't get the split on the distribution and will still end up with 5 shares?

so do you think it's advantageous to purchase the stock after the distribution or before?

[KaOsTiK]

Originally posted by White_TSX83
thanks.
noob question here: stock split ques

say i purchased 5 shares of the stock after the record date, does that mean i don't get the split on the distribution and will still end up with 5 shares?

yes, on a fwd split, if you aren't holding shares by close on feb 8... then 5 shares purchased is 5 shares (purchased shares on feb 11 +).

[KaOsTiK]

redliine: wishing you held onto gspg a little bit longer? :p

[KaOsTiK]

PTSH is taking off this morning

[KaOsTiK]

coal is hot these days

http://www.coalsectorstocks.com/css/stock_list.asp

these have been good to me:
rh.v
mpn.v

[fa48]

Wow tough week for me, no trading due to Flu.

Anyways i got CA: CMK @ .17 month ago now at .33, anyone has any thoughts on this one?

[bossxx]

I would sell right now.. I think it's reached a peak and will prob take a breather this week. Of course this is just my opinion.. you prob have more experience than me!

[KaOsTiK]

anyone get into etfc? it's a great time to buy and hang on

[fa48]

Originally posted by redliine
I would sell right now.. I think it's reached a peak and will prob take a breather this week. Of course this is just my opinion.. you prob have more experience than me!


Yeh good call, from charts it looks like max, unless it breakthrough...which i doubt.

[KaOsTiK]

so tomorrow's the big day...it'll definitely be interesting to see what happens.

i have my 'plan' of what i wanna do with CCTC tomorrow...so we'll see if it all works out.

gluck

[fa48]

kaostik....any others potentials on your radar for week coming up?

[KaOsTiK]

i have a bunch that i wanna watch...bbp and ixs, amongst a few others.

i really wanna babysit cctc tomorrow though. we'll see what happens.

[fa48]

hoping to to have SKFT go somewhere tommorow!.

[KaOsTiK]

time for all hell to break loose... gluck to those with positions in cctc

[KLOv3]

Good call on cctc Kaostik.

Just wondering if it's too late to get into it ?

[Synarchist]

hurry iqw running
the split already happened if you asking about cctc
amc giving 40% dividend lol!

[KaOsTiK]

well, it's been tighter than i had hoped..but i had this scenario mapped out, and so far i;ve made a nice return on a couple moves today. right now i'm gonna leave what i have in there as a long term hold..but i've also put in a sell order good on the day for 1/4 of my s/h at $25 (just in case ;)).


nice little run by IQW. I caught it late but still made a few bux

[eddyc]

Originally posted by 7seven
Not bad .53 close, probably will gap up a bit for tommorrows opening. I got out at .515, not bad for a days profit, $46,000 and change, that'll buy a few beers.

sorry, i'm noob.

so you made $46,000 IN A DAY??!?!

[eddyc]

also another question for you experienced traders. I'm newbie and I saw every trade cost around $29 a transaction (relative to the trading company you're with)...

So if I'm planning to play with penny stocks, let's say I buy a 10 shares @ .50 and sell them on couple hours later for $1.00...

I would have made $5 profit, but would have to pay $58 ($29X2) for the TWO transactions I made? So I would have taken a loss at $53...

Is my logic right?

Is it really worth it to be trading it at $29 / transaction then? Or does daily- trading usually outweighs the costs??

Thanks

[Scoobysnax]

did you guys take your profits from the IQW run? I was stuck in a meeting and wasn't able to get on the run until later :(

[Synarchist]

nope still holding

[wouwou]

Originally posted by eddyc
also another question for you experienced traders. I'm newbie and I saw every trade cost around $29 a transaction (relative to the trading company you're with)...

So if I'm planning to play with penny stocks, let's say I buy a 10 shares @ .50 and sell them on couple hours later for $1.00...

I would have made $5 profit, but would have to pay $58 ($29X2) for the TWO transactions I made? So I would have taken a loss at $53...

Is my logic right?

Is it really worth it to be trading it at $29 / transaction then? Or does daily- trading usually outweighs the costs??

Thanks you need to change your broker and google is your friend on that.

Basically for transaction costs 29+, you can not afford to play with daily transactions unless you are going at the million level.

[eddyc]

Originally posted by wouwou
you need to change your broker and google is your friend on that.

Basically for transaction costs 29+, you can not afford to play with daily transactions unless you are going at the million level.

OHHHhhhh... right.

so playing with penny stocks is FREE???

What sites do you guys use to trade with penny stocks?

Thanks

[Scoobysnax]

Originally posted by eddyc
also another question for you experienced traders. I'm newbie and I saw every trade cost around $29 a transaction (relative to the trading company you're with)...

So if I'm planning to play with penny stocks, let's say I buy a 10 shares @ .50 and sell them on couple hours later for $1.00...

I would have made $5 profit, but would have to pay $58 ($29X2) for the TWO transactions I made? So I would have taken a loss at $53...

Is my logic right?

Is it really worth it to be trading it at $29 / transaction then? Or does daily- trading usually outweighs the costs??

Thanks

lots of brokerages are cheaper than $29 if you trade a lot. Eg. TD waterhouse is $10 if you do a min of 30 trades per 3 month cycle, $7 if you do a min of 150. Questtrade is even cheaper!

I can understand you buying a few shares of a blue chip like google or berkshire, but penny stocks? You shouldn't even do a trade if your total cost of the transaction is less than $100...

[Synarchist]

Originally posted by eddyc
OHHHhhhh... right.

so playing with penny stocks is FREE???

What sites do you guys use to trade with penny stocks?

Thanks

LOL thats the funniest thing i read all day

hehe no its not free
and a good site is already mentioned in this thread

[eddyc]

If I register a Trading account at TD Waterhouse, it should be the following right? (The Web-Broker?) anyone use this?

https://www.tdwaterhouse.ca/tour/webbroker5/screen1.jsp

[wouwou]

Originally posted by eddyc
OHHHhhhh... right.

so playing with penny stocks is FREE???

What sites do you guys use to trade with penny stocks?

Thanks I am paying 4.95 with Questrade for up to 500 shares

or I can pay 10 for unlimited shares.

that PWNS 29 anytime

[wouwou]

Originally posted by Scoobysnax
lots of brokerages are cheaper than $29 if you trade a lot. Eg. TD waterhouse is $10 if you do a min of 30 trades per 3 month cycle, $7 if you do a min of 150. Questtrade is even cheaper!

I can understand you buying a few shares of a blue chip like google or berkshire, but penny stocks? You shouldn't even do a trade if your total cost of the transaction is less than $100... actually any penny stock trades less than $1000 is pretty meaningless:D

[chun]

Originally posted by wouwou
I am paying 4.95 with Questrade for up to 500 shares

or I can pay 10 for unlimited shares.

that PWNS 29 anytime

I think I might have to switch over... I'm using TD and $29 one-way is crazy compared to $10.

[forgamez]

Originally posted by eddyc
also another question for you experienced traders. I'm newbie and I saw every trade cost around $29 a transaction (relative to the trading company you're with)...

So if I'm planning to play with penny stocks, let's say I buy a 10 shares @ .50 and sell them on couple hours later for $1.00...

I would have made $5 profit, but would have to pay $58 ($29X2) for the TWO transactions I made? So I would have taken a loss at $53...

Is my logic right?

Is it really worth it to be trading it at $29 / transaction then? Or does daily- trading usually outweighs the costs??

Thanks

No one would only put in like $5 per trade. Trading stocks is not like buying lottery tickets. You need a more than a few dollars of capital at risk.

You really need to be putting in at least a couple of grand PER TRADE to make trading worthwhile. I think a good amount to start off with is 10K.

Anyways, you really should be careful with Penny Stocks and do your own research. Most penny stock markets are completely rigged anyways for the promoters. Not that you can't make money from trading penny stocks, but it is far different than your traditional investments in large caps or mutual funds.

[eddyc]

Originally posted by chun
I think I might have to switch over... I'm using TD and $29 one-way is crazy compared to $10.

chun, were you initially use the Web-Broker from the link above I posted?

[Synarchist]

what happens when a stock gets delisted due to not maintaining the minimum requirements?

[bossxx]

eddyc - like others mentioned, there is no point investing money unless you are starting out with at least 1500-2000 imo.. you will start slow but once you start making money you will start to see some decent results. And yes your logic was right in regards to the loss of x amount of dollars from the $5 investment or whatever haha

The more capital you begin with, the more money you can make/ lose. If you are investing in penny stocks I would highly recommend reading a book or two. You and your account will be swallowed up in no time if you are not wise.

On another note, APWR moved up 8.2% today :) now sitting at $17.80.

Patience looks like it may pay off for me this week :D