Reading Time: < 1 minute The split day is June 14, Thursday. It has a nice run since last week. I will wait it calm down a bit before adding my postions. Obviously, I missed the buying opportunity about two weeks ago when there were some insiders sellings. It pulled back to 76~78 at that time. Oh well, no rear mirror view for stocks.
Reading Time: < 1 minute Went to a newly opened Starbucks at Olive and Price yesterday. This is a very nice place, compared to the one at Olive and Craig (much older). The traffic there was OK consider this was Sunday morning. A lot things are against Starbucks business lately, according to a guest at CNBC this morning.
Reading Time: < 1 minute (Update June 10) Today when I visited Galleria Mall, I saw Walk ‘N Roll, a knockoff of Heelys. Unlike Crocs, I think knockoff will take a toll at Heelys’ sale. (Original June 8 ) Here is the S1 prospectus from SEC web site. It appears the selling shareholders (mostly venture capital) filed on June 7 to unload 8 m
Reading Time: < 1 minute (Update June 7) As you would have expected, the stock dropped again (about 2.66%) after I bought it yesterday. Call it Major’s rule: stock usually drops after Major buys it. (Original) I got a little more Starbucks (SBUX) this morning. After I bought it I realized the stock got cheaper today probablly because Panera (PNRA) issued a warning on its
Reading Time: < 1 minute On Dec 15, 2006 I bought 46 shares of CROX at $42.40. I bought and sold (traded) more CROX afterwards, but I kept those 46 shares all the time. This morning it reached as high as $85.10.
Reading Time: 2 minutes All right, ever since the Chinese regulators found the silver bullet and pulled the trigger, the Shanghai composite index lost more than 500 points and a lot of people lost money or gave back the gains they already made, some of them are “crying foul” for the goverment action. Well, in stock market, just like in NBA, complaining to
Reading Time: < 1 minute Hit new low in May. Here are the number of IPOs the first half of this year: Jan: 9 Feb: 11 Mar: 5 Jan to Mar subtotal CNY 67.5 b
Reading Time: < 1 minute We often heard story like that someone made $5,000 in stocks in one month. Cool. But that does not tell the whole story. Why? There are a few questions I like to ask: 1) How much did he/she make the month before and after (that particular month)? Did he/she make more money (less money) or lose money in other months.
Reading Time: < 1 minute But I don’t regret it. I noticed J. Crew (JCG) IPO last summer, and started pay attention to its stock. I have been their customer since my friend’s recommendation in early 2006, bought some shirts and pants at discount, been happy with them. But, I did not buy their stock at discount last year (it has been at 25
Reading Time: 2 minutes People often asked me where in the world is St. Louis, I told them the Missisipi River, Budweiser beer, the McDonald Douglas (no longer a standalone company), etc. I think A G Edwards could be counted as a St. Louis icon too. But I did not realized it’s more than 100 years old until today it’s being acquired by Wachovia.
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