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安安安安安安安安安安安安安安安
(10-01-2007, 01:58 AM)
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#251
I bought Activision and Take2 a few weeks ago. Activision has been doing quite good, even with the damn stock plunge that started a day after they announced record earnings (would be much higher now but at least it recovered). I'm expecting ATVI to do good for the rest of the year with Guitar Hero and Call of Duty as well as Tony Hawk. Take2 was a good buy after GTAIV's delay was announced, it's been going up since, I expect it to stabilize soon. I might sell to buy again later or increase if I feel it can remain stable till GTAIV. But I also expect GTAIV to be released in fall, it remains to be seen.
Companies I'm looking at are Adobe (waiting for a drop), Halliburton (also waiting for a small drop of around 4$ to 5$), Nvidia and Intel. Amazon, Royal Dutch Shell (good one because it drops often so it can be a good catch) and Exxon are all interesting but too expensive. |
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daedsiluap
(10-01-2007, 01:59 AM)
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#252
Originally Posted by Ether_Snake:
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daedsiluap
(10-01-2007, 02:29 AM)
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#254
Originally Posted by Ether_Snake:
Everyone from the CEO to the fucking janitorial staff needs to go to prison; there isn't an ounce of good in that place.
Last edited by xsarien; 10-01-2007 at 03:15 AM.
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安安安安安安安安安安安安安安安
(10-01-2007, 02:42 AM)
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#255
Originally Posted by xsarien:
And it's not like my handful of dollars is going to enable them to do anything really. It's a grain of sand in a desert to them, but to me it's a chance to roundoff my low paycheck. |
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Professional Bastard
(10-01-2007, 03:24 AM)
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#256
Originally Posted by xsarien:
The money he invests in Halliburton stock doesn't actually go to Halliburton, it's buying shares that they've already sold to the public. He doesn't even finance them at all. |
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(10-01-2007, 03:27 AM)
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#257
Originally Posted by _Rafa_:
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(10-01-2007, 03:32 AM)
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#258
Originally Posted by xsarien:
Company lays off 10,000 people.. you make money because their earnings will increase Hurricane hitting the US soon? .. no problem invest in oil companies. Saddistic but it works. |
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(10-01-2007, 03:58 AM)
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#260
Originally Posted by Ether_Snake:
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安安安安安安安安安安安安安安安
(10-01-2007, 04:03 AM)
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#261
Nope, it's from this article: http://en.wikipedia.org/wiki/Gold_as_an_investment
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Banned
(10-01-2007, 04:54 PM)
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#263
I have a newb question:
What is considered a transaction? Is it a buy or a sell, or its a buy-sell...... So if its a buy or a sell, commission is charged 2 times (if you want to get your profit...or loss..). And if its only when you buy and then you sell, commission is charged only once. whats a transaction? I think its the first one but not sure. |
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(10-01-2007, 04:59 PM)
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#264
Originally Posted by _Rafa_:
sell = 1 But there's certain things to keep in mind: 1) Some brokers will only charge you 1 transaction if you perform multiple BUYS of the SAME stock in the SAME business day. 2) Sometimes, you'll buy a stock, then buy it again at a later date at a different price, then buy it again at another later date, and then sell all three lots as one transaction. In this case, you get 4 transactions. 3) A bit more rare, but sometimes, you might have stocks in a company that gets bought out. In that case, if you wait out till the purchase date, they will automatically sell your shares for you and you're not charged transaction fees.
Last edited by koam; 10-01-2007 at 05:04 PM.
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Banned
(10-01-2007, 05:05 PM)
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#265
k thanks so i'll avoid Disnat cause its like 29$ per transaction.
im waiting for an answer from zecco.com to see if they accecpt canadian accounts. but i have another newb question. How de we put money in a new broker account?....Is it made some way electronically? |
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(10-01-2007, 05:11 PM)
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#266
Originally Posted by _Rafa_:
To add money, it's a bitch, seriously. I have my checkings account with TD and I also have waterhouse so for them, i do everything electronically and it's free and instant. But now that I have CIBC, I need to go to TD, get a Draft check (which costs like 8 bucks i think) and then go to a CIBC branch and deposit.. then wait 5 business days. A faster way is to open a savings account with them (to avoid monthly fees) and then just deposit money into that account using ATMS. Transferring electronically is super expensive i think. I sent them a draft check last tuesday and the money still doesn't show up in my account. Also, keep in mind that you're charged maintenance fees and inactivity fees with certain brokers. Check up on that before opening an account. |
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Banned
(10-01-2007, 05:20 PM)
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#267
Originally Posted by koam:
check on Disnat website, consider i would take the classic platform and that im not an active user...its still 29$ /transaction i think... So zecco.com isnt a bank so i would have to check them money if i want an account? |
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(10-01-2007, 05:24 PM)
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#268
http://www.disnat.com/en/rates_fees/pricing_dd.asp
First 25 trades are free (for the first 3 months). It seems to be $19.99, I thought it was cheaper, i'd have to confirm but i can only find out tonight so i'll get back to you tomorrow on that. (Edit: $9.99 if you do over 10 trades in a month.) As for zecco, it's an online broker. I haven't had to deal with an online broker but i assume it's via check and possibly, they have something setup for wiring in money electornically. I know etrade.ca charges you for the latter. Dow hit 14,000 points again. Where's the damn correction!
Last edited by koam; 10-01-2007 at 05:47 PM.
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(10-01-2007, 05:32 PM)
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#270
They charge you if you move money into the account electronically. At least they did last i checked.
Edit: Garmin is down 10% today. I'm so tempted to buy in. Apparently, they're down because nokia wants to buy Navteq. Doesn't matter, i think it's the market overreacting and caused a bigger drop than it should.
Last edited by koam; 10-01-2007 at 05:37 PM.
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Member
(10-01-2007, 05:35 PM)
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#271
Originally Posted by xsarien:
But, even with a lowering crime rate, there will always be a market for prisons and jails. Private may be the way of the future?!?! EDIT: PS WTF CROX? Can't you ever have 2 successive good days? |
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(10-01-2007, 05:47 PM)
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#275
Yeah, sorry typo.
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(10-01-2007, 05:55 PM)
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#277
I'm staying away from rimm (or any of the big 4 right now). The market has gone up too fast in the past 2 weeks and the housing problems aren't resolved yet. Rimm is canadian (RIM.TO) and we don't have a housing crisis here but i still wouldn't trust their stock. If you bought their stock when it was like $80, sure keep it. They've got their earning report for Q3 on Thursday I believe so it will be interesting to see what happens there.
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(10-01-2007, 06:58 PM)
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#279
Originally Posted by _Rafa_:
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(10-01-2007, 07:36 PM)
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#280
Nintendo's about to hit their all time high again! Go NTDOY.PK!!
Unfortunetly, I only have 50 shares. |
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Banned
(10-01-2007, 07:52 PM)
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#281
Originally Posted by koam:
I have a question fore you: Whats your average number of transactions for a month? Or, how does it cost you in commission in average for a month? |
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(10-01-2007, 08:03 PM)
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#282
Originally Posted by _Rafa_:
I average about 8 a month but i'm planning on doing far more now with my lower rates Also, TD and RBC offer the same thing if you do 30 in 3 months. Also, if you go under 10 transactions a month, you're back at $29. 10 doesn't sound like a lot, but it is.
Last edited by koam; 10-01-2007 at 08:12 PM.
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Banned
(10-01-2007, 08:17 PM)
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#283
I see 25$ per transaction on CIBC and theres a 400$ fee per year for your account.
Disnat is 29$ per transaction but dont have an account fee. edit: What do you guys think about http://www.questrade.com/default.aspx ? 4.95$ per trade and no system access fees!
Last edited by _Rafa_; 10-01-2007 at 08:38 PM.
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(10-01-2007, 08:38 PM)
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#284
Originally Posted by _Rafa_:
CIBC has two plans: 1) You pay $400 and you get 50 trades, and pay $7 after that (so basically, after 16 trades, you've paid off the $400 for the year). 2) You pay $25 all the time I chose #1, but it's done on a calendar year basis, so since there's not much time left in the year, they're charginf $102 for 13 trades now. I'm using CIBC for now, until i hit $100,000. Then i'll switch to TD waterhouse since they offer trades at $10 (if you have $100,000 in investments) and you're an automatic active trader so you get their cool little tool set.
Quote:
Last edited by koam; 10-01-2007 at 08:46 PM.
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(10-01-2007, 08:49 PM)
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#286
Originally Posted by _Rafa_:
Do you plan on constantly moving money in and out of the account or are you like me where you put in a large sum and play with that. Here: http://www.interactivebrokers.ca/en/main.php Check out their fees on stocks (not options but stocks). I heard they were cheap, i can't check now. here's another one, got this from the GAF ad :lol but i've heard of them before http://www.tradefreedom.com/en/home/
Last edited by koam; 10-01-2007 at 09:06 PM.
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(10-01-2007, 09:26 PM)
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#288
Originally Posted by _Rafa_:
Last edited by koam; 10-01-2007 at 09:44 PM.
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Banned
(10-02-2007, 08:18 PM)
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#289
finally i found interactive brokers too restrictive in terms of financial situation and its more complicated to transfer founds. There trading systems are a bit too complicated for me too.
So i went with Questrade.com wich is a canadian webbroker and that VERY user friendly and easy to tranfers funds. It's also only 4.95$ per transaction and no monthly fees to pay. You only have to put 1000$ to fund your account and thats very easy to do electronically (just use the pay bills function in your canadian bank, in my case, desjardins). But Koam, how do you manage to make 100$ a day only using 8 transactions a month and only having about 10 000$ ?.... what do you think i should buy to start my portfolio? I'm thinking to buy some PANL and NTDOY....but what else? thanks |
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(10-02-2007, 08:50 PM)
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#290
I haven't been doing $100 lately because i haven't been able to do any trades for the past 3 weeks due to me switching accounts. I've also been busy working on a web project to handle my quotes.
PANL is slighty too expensive, I'd wait till it drops to $16 before buying it again. NTDOY is also at an all-time high so it's a bit risky to put money into them. I'd also not recommend invest in an OTC stock like NTDOY as a first pick. I don't want to pick the companies for you cause i don't want to be liable if you lose money. Some of the canadian stocks i've been looking at are: -POT (Potash) -AGU (Agrium) -TD (Toronto-Dominion) - They fell today by 4.86% so there's room to recoup. Buy them for long term though. -GIB-A (CGI) - Only if they're under $10.50 I'll rebuild my watch list soon enough, i'll let you know what i come up with. |
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(10-02-2007, 09:58 PM)
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#291
My little website is coming out quite well. I might open it up for GAF users who are interested when it's done (prob in a month or so). I basically made it to facilitate my taxes. You enter the transactions you've performed and it will tell you your earnings and everything for your selected time period and store them in the DB. You can set up ranges and commision fees. Most brokers offer you similar tools but I'm trying to make mine as robust and user friendly as possible since i hate the ones my brokers have. It also let's you have more than one broker and keeps track of each one's commisions :)
I'll even make it so that it can tell you your current earnings without having to wait till the next business day. |
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Never forget! I'm Dumb!
(10-02-2007, 10:19 PM)
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#293
Originally Posted by Ether_Snake:
Quote:
Last edited by elostyle; 10-02-2007 at 10:23 PM.
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(10-02-2007, 10:47 PM)
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#294
I did some reading on the subject. It was caused because of the treaty of versailles. Basically, France made Germany sign some peace treaty but they asked Germany to pay for the reconstruction of France. It was some crazy figure like $4 billion (which back then was insane). Germany, being nazis and all, got pissed off and simply printed out $4 billion worth of cash.
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Member
(10-02-2007, 11:04 PM)
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#295
Originally Posted by koam:
I wonder what the electronic age is doing to the value of money. I receive and send off thousands of dollars, and rarely touch any bill bigger than a fiver. Is it stabilizing for banks not to have to come up with so much cash, or destabilizing because it's so easy to send money off to a far corner of the earth on a moment's notice? |
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(10-03-2007, 02:58 PM)
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#296
I love being wrong sometimes. NTDOY is almost at $70!
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(10-03-2007, 07:51 PM)
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#298
Today is really ugly. You know what that means right? BUY TIME!
CREE is what i'm eyeing right now. Their stock has dropped 14% because some analyst changed their rating from "hold" to "sell". I believe they'll recoup. OLED is an awesome tech. I might buy 100 shares before the market closes. |
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(10-03-2007, 08:00 PM)
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#300
Originally Posted by xsarien:
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