Reading Time: 2 minutes First heard this “equity shortage” term from Jim Cramer, the host of CNBC “Mad Money”. I watched his show mostly for entertainment purpose, but I think this term desribes the “supply and demand” of global stock market well. Yesterday the S&P index in the US hit a new high at 1530. Last record was set in dot
Reading Time: 2 minutes HMIN looked cheap these days, should we jump in and buy it? I have both MR and HMIN, and as a matter of fact, I bought some more HMIN after its disappointing earning report. My mistake. You may think because HMIN has been to $49, and now it’s trading $29.50, isn’t a big discount? Yes or
Reading Time: 2 minutes The policy makers in China found the silver bullet finanlly, the Shanghai composite index dropped 280 points or 6.5% today May 30, as seen from this news from Bloomberg. This is the biggest drop in a day since Feb 27 (9% drop). The policy makers have warned the investors (or more accurately speculators) for a while, the
Reading Time: < 1 minute I put it in my Yahoo calendar a while ago. But I have not added my positions because it did not fall to the range I wanted to pull my trigger. Although there are heavy insider sellings lately. “Shareholders of record May 31 will get an additional share for each they hold on June 14”, see this
Reading Time: < 1 minute I went to mall again during this weekend. There are many malls in St. Louis, the closest (to my home) also the most expensive one, is the Plaza Frontenac. When I first visited there years ago, I was amazed to see the price tags of stuff there, things such as Boss, Gucci, stores like Saks Fifth
Reading Time: < 1 minute I got some more Home Inns (HMIN) today. Nothing fundamental has changed at Home Inns, as I said in my previous post. Separately, Ma Yun, the big mouth at Alibaba, speaks again. We all know he likes to brag about how great will Alibaba become, but this time he is saying “China does not have a
Reading Time: < 1 minute I believe most people would think that Postal Services is usually cheaper compared to UPS or Fedex, this is not always. Today I was about to send a parcel at US Postal Service (USPS), but there were 13 people ahead of me. Don’t want to wait for another 20 minutes, and also want to check out the Fedex Ground,
Reading Time: < 1 minute So $3 gas is back. Last time it was Katrina, this time I heard it was because some of the refineries were taken offline for maintainence. For us average consumers, since we can not trade in current (regular) car for hybrid, nor can we buy cheaper gas and store it somewhere. We have to fill up
Reading Time: 2 minutes I went to West County mall in the weekend, my first trip after coming back. Among all the St. Louis malls, I like West County the best because it has some of my favorite products (or stores): Apple store; Journeys, the shoe store has Crocs and Heelys; Dick’s Sporting Good has Crocs and Under Armour. Here is my impression on
Reading Time: < 1 minute I really don’t want to talk this stock any more. But thought I may shed some light on this company’ new controversy, here is an article from market watch. To put long words short, Xinhua Finance Media Limited, failed to mention its CFO was under SEC investigation in its IPO prospectus. I don’t know legal side of the things, it
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