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Thread: Stock Tip
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10-01-2006 10:07 AM #31
I use TD Waterhouse personally. Very easy.
Rich, if you don't want Photochannel, maybe Enablence is more for you, but it's more expensive at around 50 cents. I don't have anything in the range you're looking for (50000% return).Donny Vantage NFL Guru, since 1974
Money won is twice as sweet as money earned
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10-01-2006 12:51 PM #32
- Join Date
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Well gentlemen,
Good luck with the stock. I'd like to call it Las Vegas without wasting all that time on the plane and clearing customs...
If you would like to GUARANTEE anything, try setting up some strategies that help to reduce your taxable income. (hint: do you use line 221 on your tax return?)
As shameless self-promotion, I am a certified financial planner and help my clients to set themselves up properly for their portfolios, retirement and estate planning. Stock gambles can be fun, but don't guarantee that you are limiting what the taxman grabs when you move on to that golf course in the sky.
For every winner out there, count the losers. I will say that most people that I have come across have lost far more than they have gained.
As a wise man once said, "investments are a matter of opinion, taxes are a matter of fact."
Tom
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10-01-2006 01:07 PM #33
Yes, I know, I borrow to invest in dividends paying funds so that I can claim the interest paid and also enjoy the benefits of the gains on my returns. Mama didn't raise no fool. But ya gotta throw in some risk in there, or it just gets boring. In this case, you can't argue with the return. If you research a company that is a diamond in the rough, nothing wrong with sinking some money into it.
Donny Vantage NFL Guru, since 1974
Money won is twice as sweet as money earned
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10-01-2006 01:38 PM #34
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Sorry to lecture FD,
Just wanted to insert a little reason back into the discussion.
As long as people realize that "playing" with a small percentage of their portfolio is all that this will ever amount to, then by all means enjoy! I much prefer throwing money at green fees and the occasional new club.
Having said that, one of my friends tipped me off on Netease, a Chinese internet stock at 1.95/share. It peaked somewhere near a hundred bucks... The same friend tipped me to buy Jaguar Nickel at 1.20/share, and it is down bigtime. Everyone has stories of winners and losers. I try to stay away. (although my friend did purchase a fully loaded A6 4.2 l with his profits from the first one...)
The only share that I buy personally is the company that I work for because
a: it is an excellent and highly profitable company
b: the company matches my contributions at 50%
Tom
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10-01-2006 09:08 PM #35
fundonny,
25.5 cents to be exact Up 45% in less than a month for me...not too shabby. I am contemplating buying more.
jonf,
You can open an account with CIBC - Investors Edge. You can view and manage your account through the internet. Their trade commissions are low compared to others.
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10-01-2006 10:00 PM #36
Thanks for the info all. I'm going look into a few things tomorrow and get into this - see if I can expand the car fund.
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10-03-2006 09:27 AM #37
Atomic,
Please save the lecture, were all grown adults here.
Originally Posted by atomic
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10-03-2006 11:09 AM #38
So much for waiting until it sinks back to 23 cents! Doh! Look at the volume on it compared to normal and it's only 11AM!!!!!!!!
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10-03-2006 11:27 AM #39
This is some great momentum PNI - volume is high and things only seem to be on the up and up! Timing is of utmost importance now.
As a starving student, I like to invest in KD and MGD, but I wish you guys the best!
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10-03-2006 11:31 AM #40"Richard"Guest
I only trade in options. I made money when the market crashed and also made on the way back up. I made more trading options than I would have had I purchased the stock and didn't have to invest as much. I've only lost money on one stock in 3 years and that was cool brands... they lost me a butt load of money, they had a sharp decline because they sued weight watchers and then weight watchers wrongfully terminited their deal with them. I thought it would go back up so I bought some options, lots of them with a fairly higher strike price.... never happened
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10-04-2006 04:43 PM #41
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10-04-2006 06:09 PM #42
ARGH....my account isn't up and running yet...missed a really good day today.
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10-04-2006 07:48 PM #43
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10-04-2006 08:05 PM #44
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10-05-2006 05:08 PM #45
I know what I'm doing! LOL!!!
Donny Vantage NFL Guru, since 1974
Money won is twice as sweet as money earned
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11-01-2006 04:16 PM #46
Okay, here's the poop. Tomorrow is a 10 for 1 reverse split. So 10,000 shares at 24.5 cents becomes 1,000 shares at $2.45. I talked to my source, today's selloff was expected but he said in a few days I should be really happy. Gut feeling only, but I think Photochannel is being bought by Kodak, again, gut feeling only.
Donny Vantage NFL Guru, since 1974
Money won is twice as sweet as money earned
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11-01-2006 04:26 PM #47
Then I guess I should be really happy as well
I'm crossing my fingers and waiting to hear the news.
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11-08-2006 07:44 PM #48
As an update to Donny's last e-mail.
The reverse split happened last week and there appears to be a method to the madness.
Yesterday, Photochannel announced they have partnered with Kodak (Qualex Inc). Today the share price rose 24 cents to an all time high of $3.00. My guess is that this is a stepping stone to Kodak eventually buying out the company.
With this partnership, increased profits are almost guarranteed.
Fundonny truly is a fortune teller.
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11-08-2006 09:52 PM #49
He could be the Oracle of Ottawa
Too bad I didn't see these postings earlier
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11-09-2006 03:16 AM #50
Man...I wish I had gotten in on this. I was all ready to buy in a few weeks ago...then tuition called. BLAST.
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11-09-2006 08:58 AM #51
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11-09-2006 01:11 PM #52
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11-09-2006 02:12 PM #53
I wish i had bought more but such is life. And em is right; it's till cheap you can't beat yourself up over how much you coulda if you woulda earlier; you still could if you would buy now I"m gonna w/ what I got; obviously if i could go bck i woulda taken out a line of credit and thrown it all at 11.5 cents haha
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11-10-2006 10:02 PM #54"Richard"Guest
So What Ended Up Happening, It Sarted At 13 Cents And Is Now At $3 With An 8-1 Reverse Split???
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11-11-2006 12:41 AM #55
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11-11-2006 07:32 AM #56
On Nov. 1st, is closed at 24.5 cents (or $2.45). It rose to $3.00 the next day.
It is currently $3.08. The last couple of days have seen some new all time highs.
ROB TV have given this stock a 5-star rating. IMO, there is very little risk with this stock now that they have partnered with Kodak.
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11-11-2006 09:53 AM #57
Damn damn damn. I heard about ROK first thing Friday morning but held off. The darn stock went up almost 20% in one day. I should have pulled the trigger.
Donny Vantage NFL Guru, since 1974
Money won is twice as sweet as money earned
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12-22-2006 02:32 PM #58
- Join Date
- Aug 2005
- Posts
- 11
3.56! 2:35PM Dec 22!
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12-28-2006 06:52 PM #59
End of January should be the big news that'll drive up the price some more.
Donny Vantage NFL Guru, since 1974
Money won is twice as sweet as money earned
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12-28-2006 07:14 PM #60
Argh....Wish I could have got in earlier....I think I'm going to put a few hundred in and call it my Scotty Fund.
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