Don't want to tell you what to do since investing is always a risk. I stupidly sold out at 2.70ish when I thought it was going to pullback but I had no discipline. I ended up buying back in with the profit I made at 2.90 and it kept climbing to 3.24
So far its a straight gamble for me but I've been reading about Stevia products and my take is that the growth for this industry is guaranteed. First of all rich organic hipster nazis will jump on this like wildfire because of its all natural production in addition to those who don't want to use Splenda due to Aspartame.
I'll just let you know that I'm keep what shares I still have for a long time. This first crop of stevia plants they have is a monopoly on domestic agriculture business.
Interesting. Apparently stevia though has been around for quite a bit, no? Was talking to my gf about investing in it and she mentioned how she's seen it at natural food expos for years. In fact, she received a bunch of stevia samples from companies there just a few weeks ago. I don't know if they are domestic companies, but yea.
With the plummet today, I'm going to buy asap. Made an account on Merrill Lynch (is this a good company to go through?) and have to connect my bank account now...
edit: noooo takes days to clear my bank account. god dammit
Yeah I read the FDA only approved it for human consumption in 2008 before that it wasn't considered safe but new testing showed it was generally safe for human consumption.
All current Stevia products use plants that are grown either in Asia or South America.
Except STVF correct? With my luck the stock will probably jump to 5$ by Monday when I can finally invest.
STVF is an agricultural company and they are merely growing the first batch of stevia plants in America. I wouldn't worry about short term jumps, it may be a great play to short it but longterm is where it's at.
Considering its safe for diabetics and this country certainly has a problem with it I can see it taking market share from Splenda and Aspartame products.
WTH? Tried to buy 600 shares of STVF and TD gives me this error:
"Opening transactions for this security are not accepted."
Any ideas?
not sure about TD, but etrade i had to do a limit order in order to purchase.
WTH? Tried to buy 600 shares of STVF and TD gives me this error:
"Opening transactions for this security are not accepted."
Any ideas?
you will need to enter your buy orders as limit orders or stop limit orders only
TD Ameritrade offers the majority of OTCBB securities available. However, certain OTCBB securities are not available for purchase. These are also called non-DTC Securities. TD Ameritrade does not accept opening buy transactions for these securities
what companies currently dominate that market and what kind of value do they generally hold? I bought a 1000 shares of STVF today in the plunge. Maybe I'll buy another 1000.
I hope I didn't inspire a bunch of GAFers to lose their money .
So far from my research it seems Tate & Lyle which makes Splenda has a stevia based sweetener and the makers of Sweet N Low are experimenting with a stevia based product as well. Considering Tate & Lyle is a $3 billion company and Coke and Pepsi are experimenting with it in drinks the demand for the plant could grow if the products end up being favored better in the consumer market.
In terms of what that means for the stock performance who really knows? I don't know how much stevia sells for imported into the USA and I have no idea how much the stevia grown by STVF will cut costs from importation. I generally am going a little bit with my gut here as we all know if anybody could predict the future we'd be millionaires already.
Best article I can find for research: http://www.smallcapnetwork.com/How-...STEV-STVF/s/via/3414/blog/view/p/mid/1/id/28/
the shares I bought were basically profits from another stock sale. no biggie if it starts to dive a bit more. I will hold it long as you intend as well. though now i am considering another 1000 shares
Bought some RIMM at 12.65 last night (AH), up a nice 15%
Are you shorting it? I can't see myself buying this stock anytime in the near future.
MONTREAL - Flight training and simulator manufacturer CAE Inc. recorded its highest number of civil aircraft device sales in four years after beating expectations by selling 37 full-flight simulators in its latest fiscal year.
The Montreal-based company said it won contracts worth more than $90 million by selling seven simulators in separate deals to various parts of the world.
The orders raise the total number of units sold this year to 37, nearly one-third more than last year and equal to units sold in fiscal 2008.
[...]
"Approximately 60 per cent of the orders received this fiscal year come from Asia and Australia, 16 per cent from the Middle East and Africa, 16 per cent from the Americas and eight per cent from Europe."
Uhhh wtf has happened to this thread. Day trading tips? lol some unknowing GAFers are going to lose a ton of money in here...
Just keep in mind that on the Internet, all day traders are big winners. Different story in real life.
Am I the only one who thinks Amazon is under-rated (note, not undervalued) in general?
This was a book-selling company, yet they took bold steps, not like music and movie companies, by going as much digital as they can. Amazon Instant Video (now on PS3), music, Kindle, Prime is their attempt at a subscription service that is all-encompassing, and so on.
I think they have demonstrated a lot of smarts that isn't being talked about much.
On an investment level, P/E is really high though.
And to be a total broken record, I still don't recommend Apple. While they are surely a great company, no company can sustain what they're doing. The way they get repeat customers, huge margins, huge subsidies from struggling cell providers, little serious competition, good brand image...these things are perfectly aligned. I would be extremely impressed if they sustain it for more than 5 years. Their business model is highly vested into consumer electronics/mobile stuff. Extremely high risk if things get competitive. Apple may do fine, but I am not comfortable with heavily investing in a single company that isn't diversified at all. Index funds and ETFs for me.
One thing I don't like and is IMO potentially revelatory of their position outside the US is the Canadian site. It sucks in terms of selection. There is so much more stuff you can buy on the US store. I can't buy a lawnmower on the Canadian site, only books about lawnmowers
So if the selection sucks this much in Canada, it must suck even more everywhere else, which means competition can beat them on foreign markets.
Yup, couldn't agree more.
To drop some investing theory in this thread, curious users may want to have a peek at the Fama-French three-factor model. Unfortunately, Wikipedia isn't nearly enough for this, but whenever you're ready the official Fama-French forums are waiting for your questions.
Why am I posting this in reply to an Apple comment? Because Apple is classified as a 'growth' stock. It is statistically improbable that Apple can maintain it's current growth trajectory. This is in direct contrast with a 'value' stock. A good example is RIM: They were originally a darling of investors all around, but half recently fallen hard out of favour. Speaking in terms of pure statistics, it is more likely that an investor will earn higher returns investing in RIM than in Apple at this point in time. And of course, as with any statistical interpretation, nothing is certain.
But, there is a second tier of knowledge baked into the Fama-French Model, which is market efficiency. In theory, the (sophisticated) market full well knows the above paragraph, and therefore they price the equity accordingly to account for these statistical probabilities. Whether they have priced it correctly is where you, the individual investor, comes in.
Sounds too complicated? It is for the majority of us who don't have a PhD or even a Master's in financial theory. That's what ETFs are for: spread your risk/uncertainty over the entire market to lessen the chance that you make one mistake and lose everything. And yes, that also means you will not hit a homerun either.
Google Finance and you can sync on both phone and computer.
Apple is the only company I see ALWAYS going up, every day.
Re: Index/ETFs
Garth Turner, a popular Canadian finance guru, believes we're in a range-bound market for the forseeable future.
If memory serves me right, he attributes it to all the overspending and debt-loading we're doing now to save ourselves from stagflation. Eventually it will catch up with us, goverments will cut back spending, increase taxes, interest rates will rise, meaning familys have less money to spend on consumer goods.
To that end, he recommends stock picking rather than buy-and-hold index funds, which he exects to yeild dissapointing results over the next 5 years.
So far, we haven't seen the ceiling, but I think his reasoning is sound.
Thoughts?
Wow shits suckin watch out yalls
Apple down for the session?!?!?