Author: stlplace

Reading Time: 3 minutes I’ve covered the “buying” in my last post. I want to add a little more about “buying” here and then jump into “selling”. I think the quality of the stock (a company business, especially the management and the moat) is more important than the price itself in the long term.  For the managment of a

stlplace
October 15, 2006

Reading Time: 2 minutes Google buying YouTube is a big news for the web 2.0 community. Its effect is felt more than that (I got two emails from friends regarding this :-). Interestingly, I recalled just a few weeks ago, Mark Cuban, the outspoken billionare investor (who made a fortune in the 90s dot com era), said “anyone who buys

stlplace
October 13, 2006

Reading Time: < 1 minute This is official, Home Inns (Ru Jia) filed its F1 Form to the SEC. (From routers) It will be priced between $ 10 to 12. And from IPO home it will debut on the week of Oct 23. Pacific Epoch’s Paul Waide said “it will get out of the gate this year“. I believe it’s

stlplace
October 13, 2006

Reading Time: < 1 minute It’s not pleasant to have power outage, but it’s cool to check the power status from the web. Not to mention that the power is back. Now go Cardinals (against NY Mets in NLCS)! ============================== Recent Outage (Restored in the last 48 hours.) Outage start date/time:   Wednesday Oct 11, 2006 5:28 PM Outage status:   Power

stlplace
October 12, 2006

Reading Time: < 1 minute It’s that time again. Note from Jan 1, 2007 the Chinese consulate or embassy no longer take the renewal (due to the new passport laws taking effect). Here is a link for the Chicago Consulate. Note you need the Adobe reader Simplified Chinese Patch to read the PDF form. BTW, the Nov. 2006 visa bulletin is out, and

stlplace
October 10, 2006

Reading Time: < 1 minute Drove along the “Great River Road” from Alton to Grafton yesterday, the Missisipi River and the changing colors on the mountains looks great. No wonder there are so many people in the bars and grills at the town of Grafton. I also saw people with boats enjoying the water before the winter chill – this is probally

stlplace
October 9, 2006

Reading Time: < 1 minute The following are some of the proposed new direct flights from US to China. AA is applying for the new direct flight from Dallas (DFW) to Beijing (PEK). Here is the link to sign up for the petition. Northwest is working on the Detroit (DTW) to Shanghai (PVG) route. Here is the link. Last but not least,

stlplace
October 7, 2006

Reading Time: < 1 minute OK, I will take a break from the stock lesson today. I am going to talk about the TV media here. I bet president Bush doesn’t like what he sees on TV these days, not just daily casualties in Iraq and Afganistan, and the conspiracy theory of lower gas price. Being a president, the president can not be a winner on this gasoline

stlplace
October 5, 2006

Reading Time: 3 minutes I started this “stock lesson” series because I want to write down some of the mistakes I made on the stock market in the past few years. I hope I can avoid making the same mistakes in the future; I also hope others can learn from my mistakes.   OK, back to the subject. I have talked about

stlplace
October 4, 2006

Reading Time: 2 minutes Set a realistic goal, e.g., 20% return in one year. Don’t get too carried away from other people’s success and try to emualte it without learning its risk. I have some hefty goals in the past two years. To be more exact, although I don’t have a number (for percentage gain), I know I have some wild expectations from time to

stlplace
October 3, 2006
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