STOCK MARKET Thread [Archive] - REVscene Automotive Forum

DarkOmenz

03-16-2006, 01:12 PM

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

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

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

604king

03-20-2006, 12:46 PM

yah with opecs anouncement i think ill just watch this company drop lower thx for your advice

DownLow

03-20-2006, 12:47 PM

Originally posted by redliine
Anyone watch mad money with Jim Cramer?

That guy is way too hyper for me! I watched it once but I couldn't keep up.

Vansterdam

03-20-2006, 03:12 PM

Originally posted by redliine
Anyone watch mad money with Jim Cramer?

haah that guys like on crack or somethign

bossxx

03-20-2006, 03:39 PM

Cramer is awesome!!

I want to buy his book.

SlySi

03-21-2006, 12:49 PM

Originally posted by MASTER WA
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

Sorry. Dont know anything about them.

After a quick few searches and reading up on them.. seems like a decent company.
Good potential. I personally wouldnt buy into this stock yet. But would keep in the portfolio to watch.
Im sure there are many other companies trying to achieve the same goal.

Wind

03-21-2006, 07:39 PM

list of stocks i am watching..

CKCM
ITWO
WPCS
NVDA
NGPS
AAPL

and yes i am all into tech =)

Mentar

03-21-2006, 08:02 PM

Cramer just uses his show to boost the company's he's in short term. :P

bossxx

03-31-2006, 09:41 PM

^ haha I always wondered!

Anyone watching MSQ ??

BC mining company..

http://finance.google.com/finance?q=mosquito+gold

I wanna buy if it dips to $1.20 again.

edit: maybe $1.25 lol

laurencepak

03-31-2006, 09:58 PM

Options are NOT like futures

buying options give u the RIGHT to buy/sell in the future

but no OBLIGATION

so if the stock gone down, u just let the CALL option expire, all you lose is the premium

futures are actual contracts, if the price fall u'll lose big money!

laurencepak

03-31-2006, 10:00 PM

Also,

Mutual Funds are a great way to start!

u can start a PAC of just $25 a month,

they are way easier to use, less risky than stocks, because a typical mutual fund has anywhere from 10 to hundreds of stocks selected by professional managers

Mini2006

04-01-2006, 10:49 AM

Cramer is a scammer. He pumps stocks in his shows, the very next day, he will sell those stocks because the price go up. I think that how he makes his money.

I am looking into Oil Drilling Services company. I am up almost 100% since last August.

GRP <--- This is a very good buy! Correction just taken place.
MDR
SPN

I can say that the risk is very small. Think about it, the $60+ oil/gas price is here to stay as we can getting close to summer driving season!! I am sure we will hit $70+ on oil in the summer. Be prepared to fork out $1.20+ litre on regular gas.

The only thing that can lower the gas price is WORLD PEACE! Which will NOT going to happen.

Mini2006

04-03-2006, 07:13 AM

Originally posted by redliine
Anyone watch mad money with Jim Cramer?

here is an article on Jim Cramer

http://biz.yahoo.com/usat/060403/13486508.html

SlySi

04-03-2006, 09:35 PM

Originally posted by redliine
^ haha I always wondered!

Anyone watching MSQ ??

BC mining company..

http://finance.google.com/finance?q=mosquito+gold

I wanna buy if it dips to $1.20 again.

edit: maybe $1.25 lol

Mining... thats where the bubble is..
Uranium, Gold, Silver.. Copper....

[BlackDiamond]

04-03-2006, 11:13 PM

I've been pondering for a long time now about getting into the market. I'll probably be getting into Mutual Funds tho, I dont like taking TOO MANY risks.. hehe

Anybody recommend a good site with FREE information on getting started?

thanks

PyroFD3S

04-04-2006, 01:28 AM

risk is only what you choose, if you're using stop-losses and stuff

DJ Milk

04-04-2006, 02:06 AM

Originally posted by [BlackDiamond]
Anybody recommend a good site with FREE information on getting started?

thanks
http://forums.canadianbusiness.com/index.jspa

bossxx

04-04-2006, 04:42 PM

Originally posted by redliine
^ haha I always wondered!

Anyone watching MSQ ??

BC mining company..

http://finance.google.com/finance?q=mosquito+gold

I wanna buy if it dips to $1.20 again.

edit: maybe $1.25 lol

Fuck its at $2.00 now.. ugh.. it was at $1.76 when I posted originally.

ws6ta

04-05-2006, 12:32 AM

stocks that have a very good risk/reward ratio right now...CHID should start kickin ass right away...HRID waiting for news on facility...CTGLF really good risk/ratio as well

HRID
CHID
CTGLF

SlySi

04-05-2006, 11:44 AM

bossxx

04-19-2006, 07:44 PM

Stock went up 27% today.

SOMEONE SHOOT ME

SlySi

04-19-2006, 08:41 PM

Originally posted by redliine
Stock went up 27% today.

SOMEONE SHOOT ME

Not surprising.. Its still a good time to buy.
Im going to gamble a little and buy some shares of MSQ.

Heres A Good Article

Foreign investors buy Canadian
TAVIA GRANT

Wednesday, April 19, 2006

International interest in Canadian stocks is soaring, with foreigners buying more equities in the first two months of the year than they did in all of last year, Statistics Canada said Wednesday.

Foreign investors purchased $4.7-billion of Canadian equities in February, a similar pace to January, with U.S. investors accounting for the bulk of interest.

A boom in commodities such as gold, copper and oil is peaking the interest of investors outside of Canada and that won't likely diminish any time soon, said David Filiplic, an analyst at Statscan.

“The heaviest [trading] is in natural-resource companies — oil, minerals, the whole gamut,” he said in an interview. “Gold companies are being picked up as well.”

“I wouldn't be surprised if this keeps on going, oil prices and other commodities being as high as they are.”

Oil and copper prices are currently sitting near record territory, while gold and silver are trading at multi-decade highs.

The Canadian dollar extended its gain after the report bolstered confidence in the strength of economy. The currency rose as much as 88.09 cents (U.S.) from yesterday's close of 87.71 cents, a six-week high and near its highest level this year.

“Foreign investors are likely to continue to find Canadian investments attractive in the near-term,” wrote John Anania, assistant chief economist at RBC Financial Group in a note, amid expectations that rising commodity prices and economic growth will support Canada's stock market.

While non-residents were snapping up stocks, they were also offloading their Canadian bond holdings. Foreign investors, especially Americans, sold Canadian bonds for the third month in a row. They bought money-market paper.

Overall, foreign investors purchased $2.1-billion (Canadian) of Canadian securities in February after buying $3-billion worth the month before.

Canadian investors, meantime, bought $2.7-billion worth of foreign securities in February — marking the 13th consecutive month of net buying. “Investment occurred in all asset classes with purchases of foreign equities leading the way,” Statscan said.

Canadians invested heavily in U.S. equities while selling $600-million of overseas shares.

After making a record investment in foreign bonds in January, acquisitions slowed considerably in February. Canadians purchased just $700-million worth of bonds, as they sold U.S. bonds and bought overseas bonds.

“This was the seventh straight month of acquisitions of overseas bonds,” Statscan said.

HarDCorE17

04-19-2006, 09:16 PM

iv been playing the markets for a few years now, lost quite a bit of money but made quite a bit to needless to say im ahead thats the main thing my current plays are

FMLY- 135,000 invested so far, averaged in at 0.017
ZP- 120,000 invested, averaged in at 0.65

recent gainers-

GPG- invested 8000 sold recently for 40,000 5 month play
TDCP- averaged in at 0.06 averaged out at 2.53 turned a profit of 173,000

I do this for a living, my recommendation for the new people starting out, take about $2000 and start trading you learn more when you actually have your money involved, then read books, go to chapters and get some trading tips and chart analysis books, there is an unbelivable wealth of knowledge within the investment and business isle of your local chapters. Try and stay away from the pinksheets they are a nasty arena and can steal your money almost immeditaly if you dont know what yoru doing. Also stay away from afterhours trading im not saying to not participate but be prepared for anything to happen. I cant stand watching cramer i think his show sucks. But if you guys like to watch and have enough money to play, try some afterhours trading while cramer is pumping, afterhours trading closes at 4pm local time and his show is on at 3 pm so if you jump on the gun you can place some trades while he is pumping and usually you can get at least 10% gain in the afterhours. But dont hold overnight try and get rid of em before 4 oclock!

JOHNNY_TRAN

04-20-2006, 01:12 AM

Originally posted by [BlackDiamond]
I've been pondering for a long time now about getting into the market. I'll probably be getting into Mutual Funds tho, I dont like taking TOO MANY risks.. hehe

Anybody recommend a good site with FREE information on getting started?

thanks

Investing in black diamonds?

McDick

04-20-2006, 11:24 AM

Originally posted by Mini2006
Cramer is a scammer. He pumps stocks in his shows, the very next day, he will sell those stocks because the price go up. I think that how he makes his money.

I am looking into Oil Drilling Services company. I am up almost 100% since last August.

GRP <--- This is a very good buy! Correction just taken place.
MDR
SPN

I can say that the risk is very small. Think about it, the $60+ oil/gas price is here to stay as we can getting close to summer driving season!! I am sure we will hit $70+ on oil in the summer. Be prepared to fork out $1.20+ litre on regular gas.

The only thing that can lower the gas price is WORLD PEACE! Which will NOT going to happen.

This guy is RIGHT ON for all his predictions and picks.

SlySi

04-20-2006, 02:31 PM

Originally posted by McDick
This guy is RIGHT ON for all his predictions and picks.

Not right on. Just so many followers. Whatever he says he already owns. The minute he recommends a buy. The stock jumps from 10-30%. Then the stock usually dumps after a sell off.

Hes got it going on. Quite brilliant actually...

bossxx

04-20-2006, 04:08 PM

Originally posted by SlySi
Not surprising.. Its still a good time to buy.
Im going to gamble a little and buy some shares of MSQ.

Heres A Good Article

Foreign investors buy Canadian
TAVIA GRANT

Wednesday, April 19, 2006

International interest in Canadian stocks is soaring, with foreigners buying more equities in the first two months of the year than they did in all of last year, Statistics Canada said Wednesday.

Foreign investors purchased $4.7-billion of Canadian equities in February, a similar pace to January, with U.S. investors accounting for the bulk of interest.

A boom in commodities such as gold, copper and oil is peaking the interest of investors outside of Canada and that won't likely diminish any time soon, said David Filiplic, an analyst at Statscan.

“The heaviest [trading] is in natural-resource companies — oil, minerals, the whole gamut,” he said in an interview. “Gold companies are being picked up as well.”

“I wouldn't be surprised if this keeps on going, oil prices and other commodities being as high as they are.”

Oil and copper prices are currently sitting near record territory, while gold and silver are trading at multi-decade highs.

The Canadian dollar extended its gain after the report bolstered confidence in the strength of economy. The currency rose as much as 88.09 cents (U.S.) from yesterday's close of 87.71 cents, a six-week high and near its highest level this year.

“Foreign investors are likely to continue to find Canadian investments attractive in the near-term,” wrote John Anania, assistant chief economist at RBC Financial Group in a note, amid expectations that rising commodity prices and economic growth will support Canada's stock market.

While non-residents were snapping up stocks, they were also offloading their Canadian bond holdings. Foreign investors, especially Americans, sold Canadian bonds for the third month in a row. They bought money-market paper.

Overall, foreign investors purchased $2.1-billion (Canadian) of Canadian securities in February after buying $3-billion worth the month before.

Canadian investors, meantime, bought $2.7-billion worth of foreign securities in February — marking the 13th consecutive month of net buying. “Investment occurred in all asset classes with purchases of foreign equities leading the way,” Statscan said.

Canadians invested heavily in U.S. equities while selling $600-million of overseas shares.

After making a record investment in foreign bonds in January, acquisitions slowed considerably in February. Canadians purchased just $700-million worth of bonds, as they sold U.S. bonds and bought overseas bonds.

“This was the seventh straight month of acquisitions of overseas bonds,” Statscan said.

Thanks for the article.

Good luck with your shares but I hope the stock drops goes back to a reasonable price hehe..

bossxx

05-06-2006, 03:36 PM

Anyone recommend any good stock market books?

ws6ta

05-06-2006, 11:19 PM

Originally posted by ws6ta
stocks that have a very good risk/reward ratio right now...CHID should start kickin ass right away...HRID waiting for news on facility...CTGLF really good risk/ratio as well

HRID
CHID
CTGLF

when I called HRID = .30 seen .90

CHID = .50 now $1.12

CTGLF not much change

i bought chid .50 sold .71 bought hrid .30 sold .535

too bad I don't hold...this is why i always stay around what my original investment in my account is...have gotten burned by some pretty in the past...

bossxx

05-07-2006, 10:03 AM

^ Nicely done :)

Meowjin

05-07-2006, 10:57 AM

I love my scepter <3

bossxx

05-07-2006, 09:24 PM

^ what the ticker symbol?

Meowjin

05-08-2006, 01:04 AM

SZ-T

I've made alot with them...

http://www.sceptre.ca/sceptre/wmsceptre.nsf/public/homepage

Thats their website.

http://globefunddb.theglobeandmail.com/gishome/plsql/gis.fund_pro?fundname=Sceptre+Equity+Growth+-+A&pi_universe=PUBLIC_FUND

PyroFD3S

05-08-2006, 07:58 AM

Think there's one called "Trading for a living" by Alexander Elder

http://www.amazon.ca/exec/obidos/ASIN/0471592242/ref=lm_lb_1/702-0519171-5973644

Van Tharp has a few good books too

http://www.amazon.ca/exec/obidos/ASIN/0070647623/ref=lm_lb_3/702-0519171-5973644

Jack Schwager is good too

http://www.amazon.ca/exec/obidos/ASIN/0471133663/ref=wl_it_dp/702-0519171-5973644?%5Fencoding=UTF8&coliid=I3EDKPIVIE536L&colid=29HYA6EBATD4V

http://www.amazon.ca/exec/obidos/ASIN/0471020516/qid=1147103836/sr=1-7/ref=sr_1_3_7/702-0519171-5973644

That's all I can think of right now

Originally posted by redliine
Anyone recommend any good stock market books?

ws6ta

05-08-2006, 12:43 PM

I think FMLY is a good buy not a book but the stock

IHDRE is a good one as well :)

dah_hunter

05-09-2006, 09:25 AM

I use TD waterhouse..

and im mainly into penny stocks cause i like the panic they cause me.. LoL..

My 2 big penny stock winners are.

USXP up over 700% since I gots it
RSHN up around 400% since I gots it
They are in the US Market.
They are going places you im jsut sitting right now and enjoying the ride.
I have been very happy with my stock Picks..
another thing about Pennys is your dont have to Spend much to get a big..
Just got to have Balls.
$1000 investment cashed out to be 30 Grand in 3 months.. with USXP at the last high of 4 cents.
Bling Bling Here.

ws6ta

05-09-2006, 10:27 AM

Originally posted by HarDCorE17
iv been playing the markets for a few years now, lost quite a bit of money but made quite a bit to needless to say im ahead thats the main thing my current plays are

FMLY- 135,000 invested so far, averaged in at 0.017
ZP- 120,000 invested, averaged in at 0.65

recent gainers-

GPG- invested 8000 sold recently for 40,000 5 month play
TDCP- averaged in at 0.06 averaged out at 2.53 turned a profit of 173,000

I do this for a living, my recommendation for the new people starting out, take about $2000 and start trading you learn more when you actually have your money involved, then read books, go to chapters and get some trading tips and chart analysis books, there is an unbelivable wealth of knowledge within the investment and business isle of your local chapters. Try and stay away from the pinksheets they are a nasty arena and can steal your money almost immeditaly if you dont know what yoru doing. Also stay away from afterhours trading im not saying to not participate but be prepared for anything to happen. I cant stand watching cramer i think his show sucks. But if you guys like to watch and have enough money to play, try some afterhours trading while cramer is pumping, afterhours trading closes at 4pm local time and his show is on at 3 pm so if you jump on the gun you can place some trades while he is pumping and usually you can get at least 10% gain in the afterhours. But dont hold overnight try and get rid of em before 4 oclock!

fmly down to .015 level again freaken thing is pissing me off :(

ws6ta

05-24-2006, 05:27 PM

fmly giving me an ass raping even with the financials out :(

97ITR

05-25-2006, 09:57 AM

I've been watching fmly too, watched it jump almost 30 percent then fall back down. Actually, the whole market is anal raping me now......

McDick

05-25-2006, 11:37 AM

I don't recommand people to buy pennies stocks because they are very high in risks. Your chance to gain will be greater at casino rather than pennies stocks.

I do recommand oil services/drilling stocks! Here is some of my hot picks.
HYDL - $74.45
COP - $61.81
GRP - $43.74
MDR - $63.90
SPN - $31.08

**All prices as of May 25, 2006**

Most oil related stocks just took a major correction (20-30%) over the past 10 days. Is really a great time to buy any of them as the summer driving seasons starts on Memorial Day. When you combined with Iraq, Booming China fuel comsumption, and starts of Hurricane season, you will have a win-win situation for the long run.

Just my 2 cents.

Supa.Azn

05-25-2006, 04:14 PM

My best plays are Falcon Oil and Gas (TSXV:FO) and International Sovereign Energy (TSXV:ISR). Falcon made a steep delcline but i got out at early and now its cheap so I bought back in. My ROI (return on investment) so far in 5 months is a nice 70%.!! I bought falcon cheap thats why. These two stocks are $$$$ risk, yet at the same time $$$$ POTENTIAL PROFITS. Just gotta play it smart and not get too greedy. Falcon they say can hit 50 Dollars U.S. By end of 2007. Falcon has huge potential because they found 200 TcF(trillion cubic feet) of gas in the Hungarian play.
www.falconoilandgas.com Do your research and happy investing.

SlySi

05-26-2006, 08:22 AM

Yes.... Falcon is a very popular stock....

Next big money maker for me is...

http://finance.yahoo.com/q?d=t&s=PWAC.OB

Iv got allot riding on this one.
Do your own research.
I was lucky to get in at a dollar...
Im giving this company 3-4 years.. long term.

McDick

05-26-2006, 08:59 AM

PWAC.OB is pretty risky stock.
Due to low volume, $2 stocks and they are losing money. Fuel cell business can be good and bad thing. It might be the next energy alternative (although I don't believe there will anything replacing oil and natural gas)!

Not that it's a bad stock, but you are taking a lot of risks.
I NEVER buy company's stock that are LOSING money.

Just my 2 cents.

Supa.Azn

05-26-2006, 09:23 AM

Right now, the best stocks to get into are Mining and Gas Exploration Companies. They have HUGE potential and BIG returns if successful. They are penny stocks but they are still pretty solid if you reserach well.

McDick

05-26-2006, 11:50 AM

Yes, just research before you buy any stocks. It's plain stupid to buy what people said it's good!

european

05-26-2006, 12:52 PM

should have bought ebay yesterday. it was at 28 i thought it would drop alittle more then it went up to 38. shiiiiit!

Sp3cial_K

05-26-2006, 01:05 PM

What do you guys think of BioTech?

McDick

05-26-2006, 02:41 PM

BioTech is RISKY! IF their products or medicine doesn't get approved or denied for sale, their stock will drop like 20-30%+ in one day.

Like I said, never buy small Cap stocks. It's true that you will have a great reward if you are right on the money. But you are taking a lot more risks.

Pennies stocks are good if you can take on the risk. Big UP and DOWN! If you want long term investment, go for BIG cap company with positive earnings.

SlySi

05-26-2006, 04:21 PM

Done my research. Im in it for the long run.
Check back with me in 4 years.

:o)

Originally posted by McDick
PWAC.OB is pretty risky stock.
Due to low volume, $2 stocks and they are losing money. Fuel cell business can be good and bad thing. It might be the next energy alternative (although I don't believe there will anything replacing oil and natural gas)!

Not that it's a bad stock, but you are taking a lot of risks.
I NEVER buy company's stock that are LOSING money.

Just my 2 cents.

RTS

05-26-2006, 04:37 PM

McDick

05-26-2006, 06:10 PM

Originally posted by RTS
Other people watch Mad Money w. Jim Cramer too you know?

I don't watch it that much. Those are some of the stocks I hold over the past year.
If you watch Jim Cramer too much, you will get burn from his words. He is an idiot that tell people what to buy and what to sell. He will say something positive about oil today, and something negative about the oil next day.

All I know he is making a hell load of money!

SlySi

05-27-2006, 09:14 PM

Originally posted by McDick
I don't watch it that much. Those are some of the stocks I hold over the past year.
If you watch Jim Cramer too much, you will get burn from his words. He is an idiot that tell people what to buy and what to sell. He will say something positive about oil today, and something negative about the oil next day.

All I know he is making a hell load of money!

I wouldnt call that an idiot.. I call that brilliant..

"making a hell load of money"

simply briliant.

ws6ta

05-27-2006, 10:37 PM

[i]

All I know he is making a hell load of money! [/B]

so if hes makin a hell of a lot of money being an idiot...what would you call yourself since your making next to nothing compared to him

lsiew85

05-27-2006, 10:40 PM

Anyone recommend any good penny stocks to buy? Looking for pharmaceuticals or possibly mining..

Im looking at ALDA PHARMACEUTICALS CORP right now, closed at 7 cents.

Got any good penny stock picks =)

Spada

05-31-2006, 08:12 AM

BUMP

I am looking to get into the trade, but I gotta find my best solution, financially, for a younger person

Also, is anyone looking into the hardware stuff?

ATI vs nVidia
Intel vs AMD
smaller aftermarket stuff (zalman, alienware, etc)

discuss

Farshz

05-31-2006, 02:20 PM

wow ok i want to get started in trading stocks and everything so badly....anyone know where to start at ?...like whats a good company i can buy and sell stocks...where i can get info on stocks...and just help a n00b canon start off

starglazer

06-03-2006, 08:57 PM

CredentialDirect owned by Vancity Credit Union is pretty cheap for penny stocks. It's also got Level II quotes too but you only get 1000 of them/month. That alone is worth an extra $10-20 free. Level II is that you are able to see the top 5 bid prices people are willing to pay to buy the stock and top 5 ask prices the people are willing to sell the stock

bossxx

06-29-2006, 10:29 PM

Sweet I was gonna go thru Credential Direct/ VanCity cuz I already have an account with VC :)

BUMP!!!!! from page 10!~

ws6ta

07-21-2006, 01:08 PM

anyone else get burned bad by FMLY?

clbe is what i'm hoping to bank on now :o average of .071 god damn stock market sucks ass

bossxx

07-21-2006, 05:46 PM

Check your PM dude..

I am thinking about buying right now.

ws6ta

07-22-2006, 12:48 AM

fuck no man don't buy right now what the hell are you thinking!! lol...do some dd before you throw your money around...i sent you a detailed pm if you need any more help just let me know

btw for the rest fmly went from having authorized shares of 200 mill to 2 billion...although the o/s is still 200 mill they maxed it out as soon as the volume started coming in...i think this company tanks even more. i know a lot of people in it and they are hoping it obunces to get out...huge resistance will be there between .013 to .016 which will take a miracle to get there! lol

you want a company to check on...look at CLBE :) i got every last cent of my stock market money in it (whatever I had left on fmly and the rest) average = .071 :)

oh btw there will be a PR releasing some big big news SHORTLY!! so load up while you can ;)

ws6ta

07-22-2006, 12:49 AM

oh and credemtial direct charges 25 bucks a trade minimum thats not cheap...i get charged 10 bucks a trade by td waterhouse right now :D

starglazer

07-22-2006, 02:53 PM

I see most of you that invest in OTC oR Nasdaq, DowJones. What about TSX-TSX-V

Man... If anyone of you put down $10,000
@ $0.55 on ARU Jan/03/06. It would be about $370,000 today.
ARU is a gold mining company in Ecuador and they got rich because they found high grades of gold over hundreds of metres from many holes they drilled.

Gold and Oil & Gas is also an option but it's so damn risky too heheh.

bossxx

07-22-2006, 07:20 PM

^ whoa shit man that is nuttsss.. did u get in???

ws6sta according to Credential Directs website, it shows their trading price as being cheaper than their competitors, including TD.

http://www.credentialdirect.com/Fees/CompareFees.aspx

I sent my application on thursday, I hope to get going very shortly :D

ws6ta

07-23-2006, 12:43 AM

theres so many like that man...i try to stick with OTCBB stocks...pinks are too risky for me...don't have enough $$ in the market be buyign up things in the 20-30 dollar range and for some reason never paid any attention to the tsx, tsx-v, although with stats like that thats pretty impressive

check out USXP last year ran up something like 80x so 10,000 would be 800,000 :o

funny thing is I had a small amount of money in usxp but sold out a few weeks before it started making its move up :o

starglazer

07-23-2006, 06:12 PM

Nope. I didn't get in on ARU. I thought the 1st drill result was a fluke.. damn the drill results even got better.

The stock that I made some decent money was GLY. They were drilling for oil in Australia and it was 0.09 after the 1st hole was dry. Sold it at the hype for $0.17 cents right before they announce the 2nd hole was also dry. Cause I already 2x my money I didn't want to risk anymore. Thx god. Now it's a piece of shit.

monkee

07-27-2006, 11:24 AM

i got in fmly at .0137. hedged it to about .01 now its just depressing. sigh. But u guys should check out LVTI ...a new online dating company with Carmen Electra as a spokesperson. They are pumping out advertising like crazy.

bossxx

07-27-2006, 05:34 PM

Tim Hortons announced profit up 25% for 2nd quarter..

http://www.cbc.ca/story/business/national/2006/07/27/timhortons.html

McDick

07-27-2006, 06:45 PM

Originally posted by redliine
Tim Hortons announced profit up 25% for 2nd quarter..

http://www.cbc.ca/story/business/national/2006/07/27/timhortons.html

so? Having good earning doesn't do anything in this world. Big company like Tim Horton, people DO expect their profit will increase! If Timmy's profit up 50%+, then the stock will up! Because it suprise all the inverstors!

EXXON reported $10 Billion profit, their stock is down today!!! Because people like me, do expect oil company earns more and more money. No suprise for me at all!

bossxx

07-27-2006, 07:41 PM

ok true true.

ziggg

07-28-2006, 02:50 AM

Anyone have any ideas of what will happen to the Tim Hortons' stock October 1st when they release the 160million shares?

starglazer

07-31-2006, 03:37 AM

An even cheaper brokerage is Tradefreedom.com starting September 2006 it's $9.95 per trade for US Equities and Canadian Equities priced $0-3
>$3.00 - up to 1000 shares,1 cents/share after

You can trade forex(foreign currency exchange). I don't think TD, BMO, CIBC, CredentialDirect, RBC allow forex.

The cheapest brokerage in Canada is interactivebrokers but you gotta be 21 to open margin account.
PS. Always open a margin account. You may not want to borrow $$ from the brokerage firm but it cancels the 3 day wait period when you buy/sell a stock.

darkness59

08-01-2006, 01:10 AM

Does anybody know anything about buying stocks from foreign markets, or ADR's? I've done some reading on it, but still dunno if there are any Canadian companies that deal with this. The only thing i've come up with is adr.com

bossxx

08-02-2006, 03:21 PM

CLBE went up nearly 30% today..

i wonder if it will go even higher tomorrow.

ws6ta

08-03-2006, 10:19 AM

MLXO IS ABOUT TO GET WINGS AND SOAR IT
HAS BEEN NAKED SHORTED JUST GOT POSTED ON THE REG-SHO LIST. SOME HUGE NEWS IS
COMING, LAST PR SHOWS COMPANY IS BACK IN FULL PRODUCTION WITH 3RD
SHIFT MANUFACTURING LINES STARTED JULY 24TH.
LATEST PR;

http://biz.yahoo.com/pz/060726/102766.html

2 YEAR CHART MLXO WAS AT A HIGH OF $1.58 A SHARE IN OCT. 2004
BEFORE THEY LAID EVERYONE OFF IN JAN.-FEB. 2005, THEY AVOIDED
BANKRUPTCY AND ARE NOW BACK TO FULL PRODUCTION.

Unfortunately the 8 mil shares that are short are not showing up on
the OTCBB.com list because the shares were being held as collateral
for a loan to the company and were only supposed to become free
trading shares if the company defaulted on the loan, the company HAS
NOT, NOT, NOT DEFAULTED ON THE LOAN!!! This Funding company had no
right to sell these shares into the open Market and now has to buy
them back out of the Market, so you can consider the shares "Short",
but they won't show up on the OTCBB list, since they were never part
of the float to begin with, these guys that sold them are going to
get screwed because they sold them in the .025-.05 range and I doubt
this stock will ever be down there again, they are back in Operation
Making Revenue again and avoided Bankruptcy, this Stock should begin
climbing back to it's Fair Market Value, my opinion .30-.40 at Least.

starglazer

08-03-2006, 11:32 AM

CHX - Cash Minerals is a stock t watch on TSX-V.
Uranium SPot price now $47.25 up from $45 last week
Ontario needs nuclear power plants for the demand in electric power. George Bush and President Putin talk about Uranium deal.
US bought many cheap nuclear power via nuclear warheads over the past decade.
Currently drilling and waiting drill results in Yukon. The company expects to have a resource of 10-80 million lbs U3O8.
They have projects to mine coal in Yukon, current Uranium projects in Yukon, convert coal to a cleaner diesel via Fishcer-Tropsch conversion in China. As you all know, China's economy is booming and they are going hitech and industrial unlike the traditional agricultural roots.

Current Price is $1.58 nearly tripled from $0.56 a month ago.

bossxx

08-03-2006, 10:31 PM

I just put a little buy order in for MLXO. Hopefully it goes thru tomorrow morning. I'll be up bright and early to check on it :)

This is my first trade since 2001!

It's really exciting to be back. I love this stuff.

WTB: BLACKBERRY 8700R.

ws6ta - where did you find a 2 yr chart?

edit: nvm found one.

ws6ta

08-03-2006, 11:27 PM

www.bigcharts.com

skinneh

08-09-2006, 02:48 AM

I have a quick question ( tries not to derail the thread )

Im most likely gonna open a forex live account within the next month. How do taxes come into play? I should probably just head to my bank and ask them, but i figured someone might have some good links for me to read.. that way i have a little bit of information.

bossxx

08-09-2006, 03:32 PM

GO MLXO..

They are hoping to get back on the OTCBB by mid september.. hope to see it go up around then.

freakshow

08-11-2006, 08:03 PM

i'm a total n00b at this, but i wanna start getting into it, and i've been trying to do a bit of reading..
a couple of things...

1) I think I know the difference between a margin account and a cash account, but which one should I go for? i read on fool.com that cash is best (or most recommended at least), but i hear other people saying margin is better.

2) There are tons of brokers to go through. I have a bank account and credit card with TD. Should i use TD waterhouse as well? their prices seem to be more than other sites. i think they're about 29 per trade. ws6ta, you get them at $10?
or should i go through another site like ameritrade or etrade? would it be worth the convenience to go with td? or will it make a difference on who i go with?

ws6ta

08-11-2006, 10:00 PM

ameritrade got bought out by td waterhouse so now your options are lowered...theres a few other brokerages out there but I think to get the lower amounts they may require that you need to have a large $$ amount in your account. and yes I get $9.99 trades.

For someone new defenetly go with a cash account...if you go with a margin and lets say you have 20 thousand margin and 20 thousand cash...if you lose 50% on somethin your basically at 0 dollars..while if you were using cash only you could have at least had 10 grand left to try to make it back...

then again margin is better if you plan on buying puts/calls etc. :)

freakshow

08-11-2006, 10:12 PM

ok, sounds good.. i guess a cash account is better for n00bs like me.
what about a good place to start trading with?
i like td because i'm familiar with them.
etrade has better rates.
credential has no inactivity fee.

any suggestions or advice for me?

bossxx

08-11-2006, 11:47 PM

Im using credential and its going good. Trades are $25 and they have a cap so you never get into crazy figures for a trade. Just check thier rates on their websites, they have comparison. My dad uses TD tho and he likes it. Just do some research.

ws6ta

08-12-2006, 12:40 AM

i'd go with td...orders will get filled faster with td too...lot of people have nightmares selling with etrade when a stock really starts to fly down....spend a few dollars now to save thousands in the future...its a hassle switching accounts afterwards

McDick

08-12-2006, 01:57 AM

Originally posted by freakshow
i'm a total n00b at this, but i wanna start getting into it, and i've been trying to do a bit of reading..
a couple of things...

1) I think I know the difference between a margin account and a cash account, but which one should I go for? i read on fool.com that cash is best (or most recommended at least), but i hear other people saying margin is better.

2) There are tons of brokers to go through. I have a bank account and credit card with TD. Should i use TD waterhouse as well? their prices seem to be more than other sites. i think they're about 29 per trade. ws6ta, you get them at $10?
or should i go through another site like ameritrade or etrade? would it be worth the convenience to go with td? or will it make a difference on who i go with?

If you have all your accounts with TD, go with TD Waterhouse! It's a lot easier if you want to transfer funds within accounts.
I use TD because all my accounts are tied up with them, and I can get the funding within 3 days if I need cash badly.

starglazer

08-13-2006, 12:04 AM

Being with TD doesn't mean TD is more convenient. Although TD is the only bank that I see where in downtown Vancouver they have a TD Waterhouse firm with free newspapers and tickers on the site specifically for investors.

ALL brokerage firms use Electronic Funds Transfer. It is free unlike wiring. I use credentialdirect. I login to my credentialdirect acccount and select transfer from chequing account. The brokerage firm automatically links your banking account to your account when you sign up. It takes 1 business day and i can trade the next day using that $$$.

ALWAYS SIGN UP FOR MARGIN ACCOUNT AND SAY YOU ARE NOT A NEWBIE INVESTOR.
There is a settlement date with all investing account. Every buy/sell order takes 3 days for the money to be available in your account. With a cash account you cannot daytrade and/or active trade conveniently.

EX) I buy 10,000 shares of MLXO at $0.07 on August 14. If I had a cash account I cannot put a sell order until August 17 the settlement date. What if on August 15 MLXO went to $0.08, August 16 it dropped to $0.03 and on August 17 it dropped to $0.04 cents. Now it's August 17 and you put a sell order for $0.08 cents to make profit. Highly unlikely that it will go back up there from $0.04.

With a MARGIN ACCOUNT you can place order to sell MLXO on the same DAY you bought it.

So unless you are into medium/long term trading. I recommend not going into those unless you are rich and invest in banks, big companies that have stock over >$10/share to begin with.
Otherwise go back to your 4% GIC, ING DIRECT savings account.

bossxx

08-13-2006, 02:40 AM

starglazer thanks for the tip. When signing up with Credential I did not use the Margin account. Can I change anytime I want? I need to trade on the minute so this is very important to me. Penny stocks are wild and you cannot wait 3 days to make a trade like you said in your example..

freakshow

08-13-2006, 03:21 AM

Originally posted by starglazer
ALWAYS SIGN UP FOR MARGIN ACCOUNT AND SAY YOU ARE NOT A NEWBIE INVESTOR.

Thanks for the tip starglazer.
So if a margin account is that much better, what are the drawbacks of using a margin account vs a cash account? (if any?)
ie. why would anyone NOT use a margin account? even if they were medium/long term trading?
are there extra fees or something?

McDick

08-13-2006, 08:32 AM

But margin account charges you a lot of interests if you don't have the money to pay off! It's all up to the investor how much risk he wants to take.

If you want to daytrade on penny stocks, good luck! Some are successful, but penny stocks can take a bad turn and kill you. Don't forget, you have to pay off the difference with a margin account! Cash account, you can lose the amount you invested. But for margin account, who knows the limit if you are not watching the stock market daily.

Another 9-11 terrorist attack can wipe out your savings in one day!

Invest what you can afford to lose. Owning the bank money isn't the best thing to do.

Djiban

08-13-2006, 09:25 AM

what's a good way to invest a $3000 money?

starglazer

08-13-2006, 09:55 AM

To redliine: I believe you have to resignup.

To:freakshow
1) Temptation: You can use 50% more buying power from the money you have if you overuse your own money.
2) Credit Check: They did a hard credit check on me like if I was applying for a line of credit, credit card, mortage etc. It will hurt your score a bit but who cares really unless you want to mortage a new house within the next year.
3) Margin Calls: If you use their money and the stock falls below a certain price. For credential direct you can only use your margin on stocks over >$1.50 if the stock you buy falls under $1.50 you have 3 days to sell your stocks so that you give them back the money they lent you.
4) Option trading: I have no experience in this department but you basically buy a contract at a set price and you have to sell it at a certain time limit
5) Shorting/Selling shares you don't have: Sometimes this strategy works great. NORTEL (NT) has been shorted for years once the .com market crashed. SHorting means you believe the stock will go down in price. Then you rebuy it later to cover the shares you sold.

To:McDick
1) Interest Rate: For CredentialDirect, interest rate is compounded monthly so just sell enough shares so that you gave them back their money. That way $0 INTEREST. If not interest rate is prime+1 (7%) just like a line of credit. Way cheaper than using a cash advance from VISA/MASTERCARD to borrow money where it is compounded daily mostly at 18.5%

2) Having a margin account does not mean you have to use their money. Just use the amount you deposit if you feel insecure with your money.

3) Most penny stocks are violatile. Sometimes the 3 day settling period can really screw you over. So if you think keeping a penny stock long term is a good idea, cool, but I'm not going to risk it.

starglazer

08-13-2006, 10:01 AM

what's a good way to invest a $3000 money?

High Risk: Go buy a penny stock. Put $1500 each into 2 penny stock.
Medium Risk: Mutual Funds
Low Risk: GIC or ING DIRECT savings account. (4%/$120/yr with your $3000)

All 3 I believe is taxable income so if you make over the >$8200 limit you pay tax.

McDick

08-13-2006, 12:05 PM

Originally posted by starglazer
To redliine: I believe you have to resignup.

To:McDick
1) Interest Rate: For CredentialDirect, interest rate is compounded monthly so just sell enough shares so that you gave them back their money. That way $0 INTEREST. If not interest rate is prime+1 (7%) just like a line of credit. Way cheaper than using a cash advance from VISA/MASTERCARD to borrow money where it is compounded daily mostly at 18.5%

2) Having a margin account does not mean you have to use their money. Just use the amount you deposit if you feel insecure with your money.

3) Most penny stocks are violatile. Sometimes the 3 day settling period can really screw you over. So if you think keeping a penny stock long term is a good idea, cool, but I'm not going to risk it.

I am not into penny stocks at all! I don't have the whole day sitting in front of the computer while doing my day job.
Penny stocks are too risky for me! I rather go to casino betting on Player or Banker! (50/50 chance)

Most of my investments are into Oil stocks. They have pretty good return on me over the past 2 years! It's a safe bet right now in the market.

I would say I won't jump into market with less than $5000.

I am just wondering how many successful stories from buying Penny Stocks?

Maybe starglazer is a good timing investor, but too much risk and effort are needed for penny stocks!
I rather do my investing based on my research and reading the chart. I looked closly on stocks that are near 52-wk high and at the 50 MA line.

bossxx

08-13-2006, 12:09 PM

My penny stock story.

Bought @ .04

- 6 weeks later -

Sold @ .65

EDIT: Also my dad paid off his mortgage thanks to penny stocks.

McDick

08-13-2006, 12:18 PM

Originally posted by redliine
My penny stock story.

Bought @ .04

- 6 weeks later -

Sold @ .65

EDIT: Also my dad paid off his mortgage thanks to penny stocks.

You must be making close to hundred of thousand right now then.
But please don't tell me you and your dad never lost from penny stocks!

Yes, big risk = big return!!

starglazer

08-13-2006, 12:31 PM

You don't have to sit on the computer all day. I go to school full time so I setup stock alerts on my cellphone so once a certain price or volume reaches it alerts me.

I won some I lose some. With penny stocks I find that looking at charts or technical analysis is useless. More like volume and news is the key.

I'd rather play stocks than go into a casino with pocket Ace and still lose. I think $3000-$4000 is the maximum you should put into 1 penny stock that way $0.01 can mean $100-$200 dollar.

bossxx

08-13-2006, 01:02 PM

Originally posted by McDick
You must be making close to hundred of thousand right now then.
But please don't tell me you and your dad never lost from penny stocks!

Yes, big risk = big return!!

I've only invested once and that was my story. I just recently started investing again.

I am not making hundreds of thousands of dollars. My dad made like around 60k to pay off the remainder of his mortgage. My dad has more investment experience than myself, and yea of course he has lost on penny stocks.

McDick

08-13-2006, 02:55 PM

Originally posted by starglazer
You don't have to sit on the computer all day. I go to school full time so I setup stock alerts on my cellphone so once a certain price or volume reaches it alerts me.

I won some I lose some. With penny stocks I find that looking at charts or technical analysis is useless. More like volume and news is the key.

I'd rather play stocks than go into a casino with pocket Ace and still lose. I think $3000-$4000 is the maximum you should put into 1 penny stock that way $0.01 can mean $100-$200 dollar.

Different people have different views. With penny stocks, you either win big or lose big. It's like 50/50 chance either way.
Anyways, good luck to you!

To Redliine:
If your story is true, you made 65K already based on $4000 invested! That's pretty good. Like I said, penny stocks are not for everyone, especially for newbies.
You guys should conside playing OPTIONS too! It's just predicting how the stock will be like in coming months.

freakshow

08-13-2006, 05:28 PM

ok, thanks guys.
So far, correct my if i'm wrong, but i have this:

investing with TD will be only slightly more convenient, in that i am able to see all of my accounts (bank, visa, investments) in one area.
other than that, it doesnt matter who i use as a broker, its all the same, so i should probably just find the broker with the cheapest rates? (maybe lowest inactivity fee for me?)

and
i should always sign up for a margin account, because the only draw back is that i could kill myself if i'm not careful with my (or their) money.
If i sign up for a margin account, and only use money i know i have, it differs in no way from a cash account, except transactions fall through faster.
I won't have to pay interest on anything, unless i explicitly choose to use their money, instead of mine; but i could never be in that position, if i didnt want to, and use my own money the whole time.

did i get most of that right?

bossxx

08-13-2006, 08:22 PM

Originally posted by McDick
Different people have different views. With penny stocks, you either win big or lose big. It's like 50/50 chance either way.
Anyways, good luck to you!

To Redliine:
If your story is true, you made 65K already based on $4000 invested! That's pretty good.

My first investment was only $1,000 USD.

I wish it was more lol..

Currently im trading with $7,500 USD.

McDick

08-13-2006, 09:01 PM

Originally posted by redliine
My first investment was only $1,000 USD.

I wish it was more lol..

Currently im trading with $7,500 USD.

That's not too bad then~! Too bad the US currency exchange rate is so damn low!

Good Luck on your investment.

I am currently holding GRP, MDR, SPN, ATML, TD.to

bossxx

08-13-2006, 09:13 PM

Thanks. I am currently holding MXLO. I will check out your picks :)

Djiban

08-13-2006, 10:53 PM

where to learn about penny stock?

HarDCorE17

08-13-2006, 11:42 PM

open an acount and dive in head first, thats how you learn

bossxx

08-14-2006, 03:43 PM

Research, read news and go to their website. Learn about the company before you invest. Much like with any company you plan on investing in.

DAIr0nm0nkey

08-22-2006, 07:12 AM

who are the day traders? how/where do you keep up to date with your stocks? yahoo quotes are delayed 30 mins or so

bossxx

08-22-2006, 03:59 PM

Day traders are people who trade several times a day.

I use credential direct for my real time and level 2 quotes. I don't see any point in having real time quotes unless you are holding penny stocks and/or you are a day trader.

dah_hunter

08-23-2006, 10:07 AM

I trade with TD,
my Penny stocks are
USXP - Its been going good the past 2 days.
GWGO - Hoping for the best.
NNSR - Doing ok.
RSHN - Also doing ok.

I hav efun with Penny stocks, win some, loose some. whatever.. its all a game..

DJ Milk

08-23-2006, 05:22 PM

Did any shareholders here of fmly.ob vote to approve the increase of common stock to 2,000,000,000 ?

bossxx

08-27-2006, 02:42 PM

What do u guys think about Great Canadian Casinos right now??

V.GCD

Last trade was 11.65..

Last year around this time it was around the $20 mark.

Any input?

bayee

08-27-2006, 08:32 PM

^

I don't think GCC will be going up for a while. Finacially they are dead broke from expansion.

Personally look into Gateway Casino stock, i think they will overide GCC in the future.

HarDCorE17

08-27-2006, 11:11 PM

everyone should be looking to get into hurricane relief companies, the season is acting up and we have a hurricane on the way if anything goes like last years or even a fraction of last years hurricanes we will be doing very well. It wont be hard to see at least a 200% gain within the next few weeks.

starglazer

08-28-2006, 12:04 AM

What companies are there hardcore17?
I'm looking at USXP it is a luggage security company.

bossxx

08-28-2006, 03:36 PM

^^^^

BUGS !!!!

That is my hurricane relief company :)

HarDCorE17

08-28-2006, 03:37 PM

haha me to BUGS all the way!!! also NSMG

bossxx

10-08-2006, 12:15 PM

fuck

I AM DYING SLOWLY.

lol..

HarDCorE17

10-08-2006, 12:24 PM

fuck tell me about it, everything hit the shitter BIG TIME.

Razor Ramon HG

11-08-2006, 03:36 PM

Invest in metals, especially copper.

Ronin

11-08-2006, 04:19 PM

Ahahaha...who bought CYTX yesterday? It went up 16% before closing at 10.4% up ($4.24 to 4.68).

Buying alternative energy and alternative fuel stock is a good move right now with the Democrats taking the house. Stem cell and genetics are down but should go up in the next little while. Also, watch TTEK and ADM. ADM was up 5.5% today and TTEK up 2%. Good alternative fuel companies.

Ronin

11-08-2006, 04:19 PM

Oh, and if you're looking for a good blue chip...DuPont.

HonestTea

11-08-2006, 05:23 PM

If you have 5 000 - 10 000 to invest, What would you put it on now or very soon?

It could also be less 1000 - 2000

amplified

11-08-2006, 05:59 PM

Oil, but it's recovered after being down a few months ago. It'll be a strong bet during the summer of 07 to hold during peak driving season. I made some decent gains on HSE (Husky).

If you want Tech AAPL is strong but again its high right now. If it drops into the low 70's i'll probably pick it up again. I bought it when it was in the 60's and sold it when it hit the low 80's.

popnGEAR

11-09-2006, 08:04 AM

i got into Take Two(TTWO) and Activision(ATVI) in July during the yearly lows and now they are up 50% and 35% respectively :) Gonna wait until probably springtime to sell.

Ronin

11-09-2006, 09:33 AM

Dupont keeps rising. It's up 4 points today (almost 2 bucks a share). If you need a blue chip stock, this is it.

Lucent Technologies seems like a good buy right now as well.

ride_spinna

11-17-2006, 04:18 PM

i have a question for ppl that are pretty experience dealing with stocks and the market

i have some money saved up in GICs right now earning around 3% interest

i know some stocks that have dividend yields of 4% to 4.5%. If the stock is a relatively "safe" company such as a bank, wouldnt putting my GIC money into that stock earn me more interest and better yet, in the long term if the stock price goes up, i make some money from selling the stock?

i'm aware that i get taxed on the dividend payment but still, wouldnt i better off with the stock rather than GICs?

Marco911

11-17-2006, 08:43 PM

Originally posted by ride_spinna
i have a question for ppl that are pretty experience dealing with stocks and the market

i have some money saved up in GICs right now earning around 3% interest

i know some stocks that have dividend yields of 4% to 4.5%. If the stock is a relatively "safe" company such as a bank, wouldnt putting my GIC money into that stock earn me more interest and better yet, in the long term if the stock price goes up, i make some money from selling the stock?

i'm aware that i get taxed on the dividend payment but still, wouldnt i better off with the stock rather than GICs?

Yes, but the stock price could also go down, which puts your initial capital at risk. If the dividend yield is 1-2% higher than the interest rate of your GIC, does that compensate you for the risk of the stock price going down?

popnGEAR

11-17-2006, 08:44 PM

you can get 4% from a savings account at pc financial....

WakeMeUp

11-22-2006, 02:27 PM

It's good to see a thread like this on revscene. Here are some of my holdings that i am very bullish on:

HYD-X: energy service company in Alberta. Great growth and severely undervalued. The sector is out of favour right now so it is an excellent time to get in. current price: 1.58

RAM-X: "interactive" marketing firm out of Calgary. Very small (mkt cap is 5 million). Has grown consistenly YOY for a while now organically and through acquisition. Solid fundamentals.

MGO-X: Migao is a Chinese producer of potash fertilizer. They have solid balance and cash flow that is being used to nearly triple their production capacity by 2008. They are currently operating at capacity. Similar to HF (hangfeng). Just got in today.

EDV-T: Endeavour Mining Capital is a merchant bank in the mining sector. I wanted some exposure to the hot commodity sector and since i'm no expert in evaluating junior exploration and mining companies, this seemed like a good way to do so. I bought in last week. Has track record of outperforming commodity based indicies in Canada.

bossxx

07-21-2007, 02:02 AM

Bump this thread..

check out SOBM.ob.. moving well. Just had a good PR too. Looks like a solid pick.

Anyway..

What do you guys use to get instant email notification of PR's ? I want to get emailed the second a PR comes out for stocks i own and the only thing I can think of is using google alerts. Thing is the PR comes lke 10 hrs later hahah..

Any suggestions? I want my berry to beep when a PR hits so I can get a jump on other investors.

McDick

07-21-2007, 06:12 AM

Originally posted by McDick
I don't recommand people to buy pennies stocks because they are very high in risks. Your chance to gain will be greater at casino rather than pennies stocks.

I do recommand oil services/drilling stocks! Here is some of my hot picks.
HYDL - $74.45
COP - $61.81
GRP - $43.74
MDR - $63.90
SPN - $31.08

**All prices as of May 25, 2006**

Most oil related stocks just took a major correction (20-30%) over the past 10 days. Is really a great time to buy any of them as the summer driving seasons starts on Memorial Day. When you combined with Iraq, Booming China fuel comsumption, and starts of Hurricane season, you will have a win-win situation for the long run.

Just my 2 cents.

My Update on those stocks that I picked back in May 25, 2007.

HYDL - $74.45 (Buyout at $97.00) - 30% Return
COP - $61.81 (Currently $86.30) - 40% Return
GRP - $43.74 (Currently $57.40) - 32% Return
MDR - $63.90 (Currently $91.37) - 43% Return
SPN - $31.08 (Currently $39.85) - 28% Return

Not bad of a return in a year.

Personally, I also have AAPL and MA in my account. I got AAPL @ $108 (Currently $143.75)and MA is $106 (Currently $165.28)

l4d2_sarge

07-21-2007, 11:23 AM

Originally posted by McDick
My Update on those stocks that I picked back in May 25, 2007.

HYDL - $74.45 (Buyout at $97.00) - 30% Return
COP - $61.81 (Currently $86.30) - 40% Return
GRP - $43.74 (Currently $57.40) - 32% Return
MDR - $63.90 (Currently $91.37) - 43% Return
SPN - $31.08 (Currently $39.85) - 28% Return

Not bad of a return in a year.

Personally, I also have AAPL and MA in my account. I got AAPL @ $108 (Currently $143.75)and MA is $106 (Currently $165.28)

pretty good, congrats! You playing in the 6 digits?

Cloudy_Hair

07-21-2007, 04:32 PM

Started in February:
SLB - $61.5 (Currently $96.68)
HAL - $29 (Currently $36.57)
AAPL - $87 (Currently 143.75)

Newly added
TM - 121.6 (122.91)

Not bad in half a year =D

amplified

07-21-2007, 06:03 PM

PCA-T - $43 (Sold $61)

Newly added
SXR-T - $12.75 (Currently $14.07)

vl_86

07-21-2007, 07:17 PM

so where do you guys to check out the potential companies within a sector? i would like to check a company that produces and exports steel globally but i dont know where to begin

also i dont really like reading news about potential companies that analysts predict will go up such as market watch because these predictions always drive up the stock too much and make the company seem like they are worth more then they really are

McDick

07-21-2007, 08:24 PM

Originally posted by MASTER WA
pretty good, congrats! You playing in the 6 digits?

Not in 6 digits.. but plenty to be part of my monthly salary.

ForbiddenX

07-21-2007, 09:24 PM

Would it be a bad idea for me to invest my summer pay into stocks? After reading a few posts from this thread, it kinda got me excited about stocks.

I'm 15 and I really don't know if its a bad idea to start at this age, or am I even allowed to?

McDick

07-21-2007, 11:50 PM

how much are you have now?

For a newbie, I think the safest way to put down certain amount of money into mutual funds.

Stock Market doesn't go up forever. This year might be good, but the market can crash any moment.

I don't invest 100% of my money into stocks. I invest what I can afford to lose and had enough cash to survive with my daily life for a year.

It's good that you have this kind of thinking about investing and saving up! I have seen a lot of teens at your age wasting all their money on pots and beer and not going anywhere in life.

bossxx

07-22-2007, 11:25 AM

Technically you cannot open a trading account because of your age. You would have to trade under your parents name/ account/ money.

Thats what I did when I was 17.

I believe you have to be either 18 or 19 to trade.

It's definately a good idea. Thats exactly what I did when I was 17. I make that 13 bagger in 6 weeks. Story of my life lol. I used $ from my summer job.

willcls

07-22-2007, 01:48 PM

lol at all the penny stock players it's all pump and dump;
cept for nasdaq NDAQ i remember when this thing used to trade on the bulletin board

if you want the thrills why not just play options. i dont even trade canadian equities; only play the US market

ForbiddenX

07-22-2007, 06:47 PM

Well I guess I have 3 years of saving up before I can get into trading / stocks.

Originally I was just planning on investing my money in the bank and have it gain interest.
Assuming I make what I calculated, I will have about $1500-$2000 depending if I spend any money.

Hopefully by the time I'm 18, I will have enough to invest in trades/stocks.

Also, not to throw this thread OT but, for the interest stated at banks, is that monthly or yearly? Like for presidents choice its 4% interest growth on any amount over $1000. Will I get that 4% every month or year?

quasi

07-22-2007, 07:40 PM

Originally posted by ForbiddenX
Well I guess I have 3 years of saving up before I can get into trading / stocks.

Originally I was just planning on investing my money in the bank and have it gain interest.
Assuming I make what I calculated, I will have about $1500-$2000 depending if I spend any money.

Hopefully by the time I'm 18, I will have enough to invest in trades/stocks.

Also, not to throw this thread OT but, for the interest stated at banks, is that monthly or yearly? Like for presidents choice its 4% interest growth on any amount over $1000. Will I get that 4% every month or year?

4% a year

nammerstar

07-22-2007, 11:08 PM

buy cpq guys, that's my one tip and only tip...

TreyDoja

07-22-2007, 11:21 PM

Originally posted by ride_spinna
i have a question for ppl that are pretty experience dealing with stocks and the market

i have some money saved up in GICs right now earning around 3% interest

i know some stocks that have dividend yields of 4% to 4.5%. If the stock is a relatively "safe" company such as a bank, wouldnt putting my GIC money into that stock earn me more interest and better yet, in the long term if the stock price goes up, i make some money from selling the stock?

i'm aware that i get taxed on the dividend payment but still, wouldnt i better off with the stock rather than GICs?

Um, no matter what, you'd get taxed on your earnings, whether it be interest on GICs, Dividends, or Capital Gains.

Out of the three, your best option would probably be Capital Gains which is taxed at only 1/2. Dividends are grossed up by 25 or 45% with a deduction available - depending on what type of company is paying out the dividends, and Interest earned on Fixed Income Securites are taxed at 100%.

What's everybody holding right now(if u don't minnd me asking), as well as what speculations do u have on the market?

HarDCorE17

07-22-2007, 11:22 PM

Gold should be the investment of choice at this time!

b0unce. [?]

07-22-2007, 11:33 PM

your kidding right? a stock market thread?!

willcls

07-23-2007, 06:27 AM

Originally posted by TreyDoja
Um, no matter what, you'd get taxed on your earnings, whether it be interest on GICs, Dividends, or Capital Gains.

Out of the three, your best option would probably be Capital Gains which is taxed at only 1/2. Dividends are grossed up by 25 or 45% with a deduction available - depending on what type of company is paying out the dividends, and Interest earned on Fixed Income Securites are taxed at 100%.

What's everybody holding right now(if u don't minnd me asking), as well as what speculations do u have on the market?

almost all cash now sold everything last week
had aug 60 calls on UA, aug 50 calls on RIO,aug 90 calls on slb, aug 35 puts on CFC (still holding)
also holding BAJ.TO KRY.TO (speculative plays)

one of my core holdings for a couple weeks now is DIG (2x oil tracking) best holding i have so far only bc it takes no brainpower/research so i dont have to babysit the position
waiting for SNDK to pull back, i wanna load up on 60 calls

willcls

07-23-2007, 06:31 AM

Originally posted by B 0 U N C 3
your kidding right? a stock market thread?!

shhhhhh be vewwwy vewwy quiet.... we need new money to unload on with this market! damn! we did nothing but go up so far in 2007

we need more noobs in this market

lol i follow this site religiously day in day out, think like a fundamentalist, trade like a technician BOOYAAAA

http://premium.econoday.com/calendar/US/EN/New_York/year/2007/month/07/day/23/daily/index.html

Cloudy_Hair

07-23-2007, 11:19 AM

buy oil, energy service industry.. when i saw oil prices go to $50 earlier this year.. I almost wanted to sell my car to buy all in lol HAL earnings today. up up and up!

willcls

07-24-2007, 05:19 AM

ahahahah its 617 am and CFC just tanked in the premarket ahahah those aug 35 puts are makin me rich today muahahahahaaha

chun

07-24-2007, 09:25 AM

Btw for you guys that are on Investopedia, join the REVscene group, let's get some friendly competition going

Also post your username if you join in

Game name: REVscene
Password: modwithcheappasts

Cloudy_Hair

07-25-2007, 07:23 PM

So who was in AAPL? =D what a glorious day! and lots more coming !

endless402

07-25-2007, 09:09 PM

apple freaked me out yesterday but i knew they would pull through

Jassanova

07-25-2007, 09:42 PM

Originally posted by willcls
shhhhhh be vewwwy vewwy quiet.... we need new money to unload on with this market! damn! we did nothing but go up so far in 2007

we need more noobs in this market

lol i follow this site religiously day in day out, think like a fundamentalist, trade like a technician BOOYAAAA

http://premium.econoday.com/calendar/US/EN/New_York/year/2007/month/07/day/23/daily/index.html

This is exactly how I feel :). I've just started day-trading, after studying technical analysis for a while... been doing so far so good, I'm only in this for a bit of spending money so I've been getting about 5-10% return per day on a 10k investment. It's very risky but so far so good, and I have a really successful mentor making sure I don't screw up .

asian_XL

07-25-2007, 09:48 PM

China Life <3

one month....I pocketed $9000...hahaha
and my parents bought 6x more than I do :buttrock:

and Communication Bank...
1.5 months, got $1500, 12.5% gain

McDick

07-26-2007, 04:48 PM

i'll bet everyone got killed by the market this week including me!

Especially daytraders..

asian_XL

07-26-2007, 05:50 PM

today sucks.. damnit...

fukamoto

07-26-2007, 07:21 PM

w00t for the iPhone. It was trading at 122...now its 146 =)

Cloudy_Hair

07-27-2007, 12:57 AM

^I sold at 143.. maybne i can get back in a lil lower with the ugly genearl market

Death2Theft

07-28-2007, 10:16 PM

I like to buy stocks of products I support. I firmly and truely support lululemon pants supporting those yummy cheeks RWAR.
TSE:LLL is on the market!

vl_86

07-29-2007, 12:54 AM

Originally posted by Death2Theft
I like to buy stocks of products I support. I firmly and truely support lululemon pants supporting those yummy cheeks RWAR.
TSE:LLL is on the market!

i wanna get into lulu too but their IPO is wayyy too high

AppleSugary

07-29-2007, 01:00 AM

Originally posted by fukamoto
w00t for the iPhone. It was trading at 122...now its 146 =)

I know. i want to invest for iphone too. im pretty sure the stock is going to get better for iphone.

I have a feeling lulu is not going to be stable for awhile after that good business report today.

fukamoto

07-29-2007, 05:01 PM

Anybody remember Tim Hortons? Exactly same thing is happening to LLL at the moment....only time will tell.

Cloudy_Hair

07-29-2007, 11:37 PM

i say stay out of the market.. i cashed most of my position.. DOW is gonna head to 13000 first

willcls

07-30-2007, 10:28 AM

wow guys you all have weak stomachs if this scares you

lol oh noes the sky is falling!!! this is a buying opportunity so load the boat already geez it's a fire sale

amplified

07-30-2007, 04:54 PM

BNS-T is high on my watchlist at the moment. With the financials taking a large hit the last week and a bit...seems like a bargain for a dividend paying stock.

McDick

07-30-2007, 05:04 PM

Originally posted by willcls
wow guys you all have weak stomachs if this scares you

lol oh noes the sky is falling!!! this is a buying opportunity so load the boat already geez it's a fire sale

I agreed with you... this past week is just a minor correction/pullback.
DOW will be around 13500 to 13800 in the next couple weeks. In September, we will start the annual Santa Claus rally and DOW will hit 14300-14500 by the end of the year.

Those are my guess. This is a perfect to time to load up on energy stocks or tech stocks.
But I think Apple will test mid-$130 mark before going to $160 by the end of the year.

.eek

07-30-2007, 05:38 PM

can someone link me to learn how to get started on stocks =)
18 and looking to make some money on the side besides working.
i know it's a risk but i also know where there's risk there's bound to be rewards

AppleSugary

07-30-2007, 09:59 PM

apple will be good at the end of the year. that's my prediction

Cloudy_Hair

07-31-2007, 06:40 PM

^and it finally pulled back today....pulled back hard too

McDick

07-31-2007, 08:50 PM

Originally posted by McDick
I agreed with you... this past week is just a minor correction/pullback.
DOW will be around 13500 to 13800 in the next couple weeks. In September, we will start the annual Santa Claus rally and DOW will hit 14300-14500 by the end of the year.

Those are my guess. This is a perfect to time to load up on energy stocks or tech stocks.
But I think Apple will test mid-$130 mark before going to $160 by the end of the year.

My prediction is right on! I was surprised that Apple even dropped that much today.
Look out, if Apple drops below $130, there might be more to drop.

I am not surprised by today's action because I expected a pullback after the iphone. This is about time to buy Apple if anyone interested. Just have to watch tomorrow's action. I expected shorts will try to drag Apple below $130. We'll see. It's getting interesting as Apple doesn't have much new products to buzz in the near term.

I don't know how you guys think, do you think iphone will have an impact on ipod sales? Personally, I think so. If I have an iphone, why do I have to buy an ipod? That's my guess.

RTS

07-31-2007, 11:15 PM

Originally posted by chun
Btw for you guys that are on Investopedia, join the REVscene group, let's get some friendly competition going

Also post your username if you join in

Game name: REVscene
Password: modwithcheappasts

me = RTS.

we only have 3 ppl.

lol

fukamoto

08-01-2007, 01:34 AM

ouch. apple took QUITE the hit.

asian_XL

08-01-2007, 02:24 AM

back to where it belongs...kekek

Death2Theft

08-01-2007, 06:37 PM

Plenty of people, when the ipod's battery dies and u send it to get replaced u can use the phone. Vice versa :P
Originally posted by McDick
My prediction is right on! I was surprised that Apple even dropped that much today.
Look out, if Apple drops below $130, there might be more to drop.

I am not surprised by today's action because I expected a pullback after the iphone. This is about time to buy Apple if anyone interested. Just have to watch tomorrow's action. I expected shorts will try to drag Apple below $130. We'll see. It's getting interesting as Apple doesn't have much new products to buzz in the near term.

I don't know how you guys think, do you think iphone will have an impact on ipod sales? Personally, I think so. If I have an iphone, why do I have to buy an ipod? That's my guess.

asian_XL

09-07-2007, 12:08 AM

here's my profolio this week

http://xs319.xs.to/xs319/07365/profolio.jpg

Death2Theft

09-07-2007, 01:00 PM

Purchase price or dont post.

johny

09-07-2007, 02:55 PM

the stock market is going to crash on or before sept 21st. haven't you guys seen that 900 million inside trade/sellout that happened a couple days ago?....

bossxx

09-07-2007, 03:09 PM

No but 20 years ago coming up the market took a huge dive and investors are thinking it might happen again. It happened in the 80's because it corrected itself or something. Hhaha a guy at work was telling me.

McDick

09-09-2007, 08:24 PM

I will post some of my bullshxt on here...

According to my research and chart reading.. I think the market will crash on September 12, 2007. (I hope not!).. but to be on my safe side, I will sell EVERYTHING tomorrow and not buying until the Fed meeting on the rate cut on Sept. 18, 2007.

We will have big UP and DOWN before Sept. 18. I am up nearly 55% this year and want to lock on to those profit for the year.

I am planning to buy RIMM! Anyone works at Rogers? I need some sales number from Rogers to see the demand of the Blackberry.

asian_XL

09-09-2007, 09:03 PM

i'm staying away from dow, tsx, nasdaq these days...
chinese market is still booming like no one. It's hard to find another market like this few years later.

Originally posted by Death2Theft
Purchase price or dont post. the other page gives out too much personal information.
I do day trade a lot, I wouldn't post if I am not making money

cmx

09-09-2007, 09:06 PM

Originally posted by McDick
I will post some of my bullshxt on here...

According to my research and chart reading.. I think the market will crash on September 12, 2007. (I hope not!).. but to be on my safe side, I will sell EVERYTHING tomorrow and not buying until the Fed meeting on the rate cut on Sept. 18, 2007.

We will have big UP and DOWN before Sept. 18. I am up nearly 55% this year and want to lock on to those profit for the year.

I am planning to buy RIMM! Anyone works at Rogers? I need some sales number from Rogers to see the demand of the Blackberry.

Rate cut??!! Would you pick up some bank stocks if that were to happen?

Back in early summer, for what it's worth I was at wireless wave and the girl told me that the blackberry outsells palm by like 10 to 1

Ipod touch and canada release of iphone all coming up FTMFW, what do you guys think of apple?

McDick

09-09-2007, 09:29 PM

Originally posted by asian_XL
i'm staying away from dow, tsx, nasdaq these days...
chinese market is still booming like no one. It's hard to find another market like this few years later.

the other page gives out too much personal information.
I do day trade a lot, I wouldn't post if I am not making money

yes, I recommend people to stay away from DOW, Nasdaq, TSX at least until September 18.

I can't believe China market is still rising like a rocket. I wish I can buy some China stocks as well.

I got plenty of oil services stocks which gave me a pretty good profit this year. I will sell ALL of my position tomorrow and not going to make a move until the Fed Meeting.

The possibility of a market crash is highly possible. Please compare the chart of DOW in 1987. Very very similar pattern of high and low.

I will attached a chart which I took from an article for reference (note: It's Chinese).

http://img511.imageshack.us/img511/413/marketcrashkb7.jpg

Look at this article by Alan Greenspan

http://ap.google.com/article/ALeqM5ix6CrCVNVHBA4QLb1hzKDMRn7HHA

VSM_TEG

09-11-2007, 11:30 PM

Where do you guys get you level II quote?

97ITR

09-12-2007, 08:21 AM

Alright, I've sold the majority of my holdings... bring on the crash...

asian_XL

09-13-2007, 08:44 PM

ping an insurance
bought: $79.8 -> now $85.7 (+6.5%)

china life
bought: $36.65 -> now $38 (+3.6%)
SOLD @ $38.25

communication bank
bought: $8.16 -> now $8.99 (+10.4%)

this week profolio
:scream: :willnill: :angel2:

asian_XL

09-13-2007, 08:56 PM

(Heng Seng index) my next week tips...whoever cares

China mobile (target price: $120)

Vtech (target price: $63-64)

Chinalco (still haven't decided yet)

KCR (target price: $25)

ping an insurance (target price: $88)

McDick

09-17-2007, 10:33 PM

Originally posted by asian_XL
(Heng Seng index) my next week tips...whoever cares

China mobile (target price: $120)

Vtech (target price: $63-64)

Chinalco (still haven't decided yet)

KCR (target price: $25)

ping an insurance (target price: $88)

hey,

you got Vtech as well?
My brother got Vtech when it was $10ish long long time ago...

Very good stock... too bad i am not familiar with HK stock market.. so I only invest in US market.

Supa.Azn

09-18-2007, 03:00 PM

The market seems to be rebounding, maybe a green light daytraders/investors... there are still a lot of discount stocks in the market. Since the sell-off of stocks in August, many reliable companies have rebounded nicely. Id recommend picking up the cheap ones before it goes back up.

asian_XL

09-18-2007, 07:30 PM

Ping An insurance current price: $96

fuck, that's out of my expect...:)
bought it at $79

21.5% increase...w00t

asian_XL

09-18-2007, 07:37 PM

Originally posted by Supa.Azn
The market seems to be rebounding, maybe a green light daytraders/investors... there are still a lot of discount stocks in the market. Since the sell-off of stocks in August, many reliable companies have rebounded nicely. Id recommend picking up the cheap ones before it goes back up.

no man....for daytraders...rebound = time to sell and make profit.
A lot of the indice have reached a very high point, i just sold 3/4 of what I have.

except Ping An :) now it's $97.3...DAMN!

nvm...it just hit $97.65 :flamemad:

nnvm...I sold 500shares at $98.8 :rofl: going strong!

McDick

09-18-2007, 09:04 PM

I think the market will be going strong over the next couple days as buyers are coming back into the market.

But I think we will US economy getting worst in the coming months.
half percentage cut will not do it... recession is coming for US. That's for sure. If the Fed keeps cutting rate, inflation will get out of hand and oil will be well over $100 by next summer.

McDick

09-18-2007, 09:22 PM

The following stocks will be in my radar and I will purchase/add when timing is right.

RIMM 90.35
AAPL 140.92
LVS 131.65
MDR 50.59
GRP 54.35
FWLT 130.18
FLR 139.33

I am very interested in buying RIMM, and it might pop 20% when they release earning in early October.
Blackberry has been very popular lately and saw a lot of people go to Roger and getting one. By rolling new products and expanding throughout the world including China. This is huge for blackberry phones.

asian_XL

09-18-2007, 10:05 PM

fyi, blackberry is not a heat product in china nor in asia.

i sure see a lot of advertisment out there...but not as much as
other similar products. I'd say give it a little bit more time before
it can gain more market share in asia.

keep an eye on those renewable and environmental sound
industries...like natural gas, biodiesel, solar energy. The news is
going around and it's believed to be the next boom.

97ITR

09-19-2007, 04:16 PM

Originally posted by McDick
The following stocks will be in my radar and I will purchase/add when timing is right.

RIMM 90.35
AAPL 140.92
LVS 131.65
MDR 50.59
GRP 54.35
FWLT 130.18
FLR 139.33

I am very interested in buying RIMM, and it might pop 20% when they release earning in early October.
Blackberry has been very popular lately and saw a lot of people go to Roger and getting one. By rolling new products and expanding throughout the world including China. This is huge for blackberry phones.

I'm curious why in one post you comment about the inevitability of a recession in the states but in this post you list stocks that you're watching where at least the top three are companies who offer a product/service whose profits would surely drop in a recession. Not attacking you or questioning you but just curious more than anything.

QJai

09-19-2007, 04:50 PM

Originally posted by 97ITR
I'm curious why in one post you comment about the inevitability of a recession in the states but in this post you list stocks that you're watching where at least the top three are companies who offer a product/service whose profits would surely drop in a recession. Not attacking you or questioning you but just curious more than anything.

I didn't bother looking at McDick's historical posts and will just take your word on his comment about "the inevitability of a recession in the states".

I am guessing McDick believes he can still capture a strong capital gain from these stocks keeping in mind that the key is "timing" although I personally am not big on "timing" the market as I am more of a fundamental analysis rather than technical analysis kind of guy.

Nevertheless, both RIMM and AAPL are investment grade companies IMO, sound mgmt and interim statements, but obviously overpriced (moreso in terms of RIMM... just take alook at its P/E relative to industry and competitors)...

My 2 cents.

McDick

09-19-2007, 05:02 PM

I played by the chart a lot. I am NOT a long term investor. I do jumping in and out of stocks. I rarely hold a stock for more than 6 months.

My mind do change from week by week.
You have to think like that in this market. Some stocks do better in certain months. It's more like a cycle for them. Technology sector usually do well in Santa Claus rally which happened from September to December every year.

I just ruled out RIMM from my buying list because their P/E is in the 70's, which is way too high.

I do think recession is coming to US. It will take years for US to recover.

I am bullish for stocks which involved in Oil Sector, especially oil services related stocks.

97ITR: I guess you missed the big bounce up over the past two days.

BoredAtWork

09-19-2007, 06:19 PM

97ITR: :D Never knew you were into stocks. lol. should have told me earlier.

Well since everyone has been tipping, I will share some of my picks, and let you guys rate it. I am not a day trader, I hold on average of 4-6 months for a stock. Consider these points if you follow my suggestions.

Texas Instrument, TXN (currently around 35.20, weaker Q3 then expected, but holiday season should push sales up around Oct and Nov). This has been a very solid stock, good fundamentals, and their business model really minimize debt. I got on multiple times around 29-30. should peak 40 at Q4 or Q1 of 08

Baidu, BIDU (currently at 52 week high around 277). Not a fundamental stock, but alot of hype around it. China's google equivalent. It has broken 52 week highs constantly. money and trade volumes are very high. There is no ceiling, or resistance for this one. As US economy slows, investors are likely to look into offshore companies or international companies to sell into. This is a big one (esp when YHOO and GOOG earnings are less then stellar).

GG or G (TSE) GoldCorp. Vancouver based gold mining management company. Lowest production cost \ highest profit gold miner. Volitility and mixed market signals has always been an advantage for Gold. In fact Gold has
topped out all time high recently. Target around 32 for now.

NVDA (Nividia), With AMD and ATI now merged, NVDA looks much better on the balance book without debt, This is a sure winner ahead of ATI. What is interesting from charts point of view is that since the merge happens ATI is dragged down by AMD and earnings are not seperate. Fundamental players will take this into factor. NVDA on the other hand has alot of supporters and earnings are having some flying colors. 3:2 split recently, and has now become bit more affordable for some. I would get in about 32-33 if it ever approach back to this level.

Couple others I recommend are

BWR (Breakwaterhouse) - Silver / zinc miner
INTC (Intel) - Product specs and offering far exceed AMD
AAPL (Apple) - Constant solid performance. If you dont know how to invest, just throw money in here and leave it in.

McDick

09-19-2007, 08:56 PM

Originally posted by BoredAtWork
97ITR: :D Never knew you were into stocks. lol. should have told me earlier.

Well since everyone has been tipping, I will share some of my picks, and let you guys rate it. I am not a day trader, I hold on average of 4-6 months for a stock. Consider these points if you follow my suggestions.

Texas Instrument, TXN (currently around 35.20, weaker Q3 then expected, but holiday season should push sales up around Oct and Nov). This has been a very solid stock, good fundamentals, and their business model really minimize debt. I got on multiple times around 29-30. should peak 40 at Q4 or Q1 of 08

Baidu, BIDU (currently at 52 week high around 277). Not a fundamental stock, but alot of hype around it. China's google equivalent. It has broken 52 week highs constantly. money and trade volumes are very high. There is no ceiling, or resistance for this one. As US economy slows, investors are likely to look into offshore companies or international companies to sell into. This is a big one (esp when YHOO and GOOG earnings are less then stellar).

GG or G (TSE) GoldCorp. Vancouver based gold mining management company. Lowest production cost \ highest profit gold miner. Volitility and mixed market signals has always been an advantage for Gold. In fact Gold has
topped out all time high recently. Target around 32 for now.

NVDA (Nividia), With AMD and ATI now merged, NVDA looks much better on the balance book without debt, This is a sure winner ahead of ATI. What is interesting from charts point of view is that since the merge happens ATI is dragged down by AMD and earnings are not seperate. Fundamental players will take this into factor. NVDA on the other hand has alot of supporters and earnings are having some flying colors. 3:2 split recently, and has now become bit more affordable for some. I would get in about 32-33 if it ever approach back to this level.

Couple others I recommend are

BWR (Breakwaterhouse) - Silver / zinc miner
INTC (Intel) - Product specs and offering far exceed AMD
AAPL (Apple) - Constant solid performance. If you dont know how to invest, just throw money in here and leave it in.

You have a pretty good combination there..

chun

09-20-2007, 06:24 PM

I have a question guys, maybe some of you pros can help me understand this. Excuse my noobness please.

Clarcor Inc (CLC)
http://finance.yahoo.com/q/bc?s=CLC&t=1d&l=on&z=m&q=l&c=

It says that trade volume went down (622%) and price also went down drastically, but it opened and closed at nearly the same price (off by 60 cents). How come there's barely any change to price?

asian_XL

09-20-2007, 06:31 PM

buy low sell high...daytraders.

that's how you make money. It goes up because there are some
people bought all the stocks that were sold out there.

97ITR

09-20-2007, 09:21 PM

blackstone group anyone?

McDick

09-20-2007, 09:55 PM

Originally posted by 97ITR
blackstone group anyone?

I wouldn't want to hold Blackstone (BX) for long term investment under this current economic environment in US.

But **I think** it will have a short-term run up to around $27-28ish. It's all depends on the US economy.
I am guessing DOW can take out 14,000 by the end of 2007.
Short-term (2 weeks - 2 months): $27-28+
Sell if BX drops under $24.90

asian_XL

09-20-2007, 09:56 PM

^ you sure? my aunt just lost 5g usd there. she bought $15K

McDick

09-20-2007, 10:13 PM

Originally posted by asian_XL
^ you sure? my aunt just lost 5g usd there. she bought $15K

When did you buy it? On the first trading day at around $30ish? Your aunt should sell when it drops over 8%. You don't want to be a bagholder and hope it will bounce back up. You will end up losing even MORE! That's one of the rule of trading, "willing to take the lost"!
All want to buy the stock when it is going up, not guessing where's the bottom will be! It's like catching a falling knife.

BX is all hype when it first traded. You don't even have balance sheet to look at! Early investors are traded from what they heard on the news, and don't even bother looking at any numbers at all. I wouldn't buy any stocks that is without balance sheet to look at except I am trading it very short term.

To tell you the truth, up to this moment, I still don't know what's BX's business module.

BX has bounced back from their low at $21ish. If the stock market and economy shows improvement in the next couple months, I am not surprise that BX will climb back up to $30.
My short term target price will be $27-28 and I will set my sell limit $0.50 if it reach $27 so I can always protect my gains.

asian_XL

09-20-2007, 10:26 PM

haha, that's not really my own family business, no suggestion will
be given...

btw, who's buying gold stocks? I am guessing the US economy
isn't going to recover within one or two months

Hondaracer

11-28-2007, 06:01 PM

Hey, just wondering if you guys could help me out as a beginner here?..

k well recently i've been coming into more and more money to put forward towards investments, I've been purchasing condo's and rights on asignment with my parents so i've made a chunk of change which i'm reinvesting through them, with help from them

but lately i've been interested in getting more into the general market, for the last couple months i've been watching stock movements though Stockhouse.com just kinda tracking ones of interest, watching things move

but i'm still very much a noob to nearly all aspects of trading, can anyone refer me to some good starter resources?

fukamoto

11-28-2007, 06:40 PM

Chapters has a decent selection on books on how to get started with stocks.

asian_XL

11-28-2007, 07:12 PM

beside books, spend hours on radio or finance channels everyday

if you are interested in one industry, stay with it, don't jump
around like a bunny. Pick five to six stocks to be your virtual
investment and start learning what news will affect you portfolio.

Shun Izaki

11-28-2007, 09:13 PM

If i wanted to buy into sth like Vivendi (blizzard, radical), is there a way I can buy it, and just let someone else take care of it... :D

Sorry for being n00b

Hondaracer

11-28-2007, 10:07 PM

anyone recomend any specific books?

i'm leaning towards the mining industry to look into, as I have a few connections in privately traded companies

wouwou

11-28-2007, 10:59 PM

connections in nprivately traded companies = speculations :D

you can get a set of textbooks for CFA level 1, that should be good enough for anyone as a startup if you REALLY want to get into stock market

well the books on fixed asset, port.management, valuation and econ.

skip the member ethic shit

Cloudy_Hair

11-29-2007, 12:42 PM

so you guys think we're done our pullback again? back for another bull run?

Dell missed earnings today.. might send nasdaq down tomorrow

7seven

11-29-2007, 12:56 PM

Anyone else here in the industry locally besides me?

LOL bet most of u will be shocked to find out not only do I get paid to babysit hot actresses and models but I have a more convential day job in addition to my own private security consulting business.

Mostly play with spec stocks on the venture and pinksheets/otcbb, mostly all oil & gas and local mining co's. Made about 50k this year so far in spending money. Waiting on a few certs to deposit now for some xmas spending & drinking money lol.

fukamoto

11-29-2007, 01:09 PM

You are my god.

SpoonR

11-29-2007, 01:18 PM

Originally posted by Hondaracer
anyone recomend any specific books?

i'm leaning towards the mining industry to look into, as I have a few connections in privately traded companies

Reading can only take you so far. I think diving right into it is the way to go. If you can get cheap broker fees try playing in small amounts and you'll learn the tricks. But nothing compares with good due diligence. If you believe in your research the share price shouldn't matter to you.

It's also a good time to be in mining stocks. Particularly Canadian :) I have my eye on a couple companies that are making headlines the last couple months. I'll pm you the names.

Jonydakiller

11-29-2007, 01:22 PM

i just got into the stock market, i found it that finance.google.com is really useful, it gives u the update on the news specifically to the stocks that you are watching and you can see the graph how much the news will impact the stock itself. One problem is that you need to be able to have free time constantly while market is running, doesn't matter if it's nasdaq or tsx, all the stocks r running at ET, means that sometimes u need to wake up early when the market opens.

like me, i have igoogle on my homepage, it's really nice free tools to manage ur stocks that you bought, although the stock market on google are lagged for 20 minutes, but you can see the graph on daily basis and it can give u an idea sometimes if the market is gonna go up or it's goin down.

i personally trading w/ waterhouse, which charge you 29 bux everytime u do a trasaction, doesn't matter buy/sell, so if u sell a stock, u need to at least make 58 bux to call it even, waterhouse also provide realtime stock rate, so you can see exactly wat are the prices for each stock, hope this info is helpful to whoever!!