Investing

What did you buy? What might you buy??

  • Last Updated:
  • Oct 15th, 2018 10:02 am
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Deal Addict
Jan 22, 2006
3895 posts
1956 upvotes
Northside
Took a position in $FTN at $7.70
#WeTheNorth
Newbie
Nov 16, 2006
56 posts
16 upvotes
Sweet Town
Jojo_Madman wrote:
Oct 10th, 2018 10:52 am
Dipped my toe back into FTN @ 8.00 ... will see where it goes now
zaidyboy wrote:
Oct 10th, 2018 1:07 pm
Took a position in $FTN at $7.70
Tell me you guys have stop loss set.
Deal Addict
User avatar
May 11, 2014
2310 posts
1278 upvotes
Iqaluit, NT
RolandCouch wrote:
Oct 10th, 2018 12:54 pm
The scariest thing about this drop, is that there are people who are scared by this drop.
Yup, a good sign that there is leverage and/or money that people cant afford on the table meaning quick sells when the going gets tough.
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Deal Guru
Jun 26, 2011
11239 posts
1599 upvotes
Markham
xgbsSS wrote:
Oct 10th, 2018 1:35 pm
Yup, a good sign that there is leverage and/or money that people cant afford on the table meaning quick sells when the going gets tough.
Yeah...imagine another 1% drop across the board before the close today...would send a lot of those who are nervous into a panic tomorrow. No blood in the streets yet. Mild selling.
Deal Addict
Oct 22, 2014
2599 posts
908 upvotes
Toronto
This is just letting some air out of the massive bubble the past 2 years. Don't call it a scare until 30% down.
Deal Expert
User avatar
Apr 21, 2004
45449 posts
11902 upvotes
People don't buy stuff on the Hot Deals thread unless they get discounted 50% and over.

But investors keep buying stocks even after a 5% drop? How do you guys get unlimited ammos? :)
Newbie
Dec 19, 2012
13 posts
6 upvotes
Toronto
With interest rates rising, quantitative tightening by the Fed and the end of free money from the ECB's around the world. There is going to be a blood bath with one of the longest bull market in the market I will take my win and loss and call it a day.
Newbie
Oct 9, 2018
2 posts
long time lurker, first time poster. bought this afternoon:

2 AMZN @ 1803USD (cost 1634)
13 MA @ 200.95USD (cost 186)
7 CP @ 273.14CAD (cost 245)
30 NTR @ 72.79CAD (cost 62)
Deal Addict
Jun 3, 2009
4358 posts
634 upvotes
Montreal
promiseland wrote:
Oct 10th, 2018 2:35 pm
With interest rates rising, quantitative tightening by the Fed and the end of free money from the ECB's around the world. There is going to be a blood bath with one of the longest bull market in the market I will take my win and loss and call it a day.
It sounds like blood in the streets or buying opportunity but I have no more cash. There is always that IB margin account but that interest on borrowed USD isn't what it used to be at 3.68%.
Deal Addict
Oct 22, 2014
2599 posts
908 upvotes
Toronto
alanbrenton wrote:
Oct 10th, 2018 2:04 pm
People don't buy stuff on the Hot Deals thread unless they get discounted 50% and over.

But investors keep buying stocks even after a 5% drop? How do you guys get unlimited ammos? :)
churning cc?
Deal Addict
User avatar
Dec 28, 2007
4609 posts
1071 upvotes
Alberta
glasses4kj wrote:
Oct 10th, 2018 3:06 pm
long time lurker, first time poster. bought this afternoon:

2 AMZN @ 1803USD (cost 1634)
13 MA @ 200.95USD (cost 186)
7 CP @ 273.14CAD (cost 245)
30 NTR @ 72.79CAD (cost 62)
What? No V? lol
Deal Addict
Nov 9, 2013
2407 posts
1049 upvotes
Edmonton, AB
Indexes are only down 2-3% today - it’s really not that bad.
Last edited by treva84 on Oct 10th, 2018 3:53 pm, edited 1 time in total.
Deal Addict
Jun 18, 2008
4684 posts
3338 upvotes
Montreal
Jojo_Madman wrote:
Oct 10th, 2018 10:52 am
Dipped my toe back into FTN @ 8.00 ... will see where it goes now
zaidyboy wrote:
Oct 10th, 2018 1:07 pm
Took a position in $FTN at $7.70

Do you both have any idea what you just bought (if you did), why they're getting hammered, and how these structered products work??

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