Reading Time: 15 minutes I found fun read Briefing (via. Yahoo Finance) market summary, esp. on an eventful day. 06-22-2009 Back to bear? 4:30 pm : The S&P 500 moved sharply lower in broad-based fashion, which took it below the key 900 level for the first time this month. With sellers in control, the session culminated in the stock
Reading Time: 2 minutes What recession? Last Friday evening we went to local Red Lobster restaurant at around 6:30, and we were told there could be 25 min wait as we saw a large crowd. Being impatient as I was, we decided to try Olive garden. When we went there, same thing: we were told the wait time is
Reading Time: 2 minutes Chesapeake Energy (NYSE: CHK) is a stock I have known for a while. I traded it in year 2006, I did not hold it for long term partly because I usually don’t hold a stock for more than a year (until Mindray), more importantly I did not understand all the natural gas price volatility, CHK’s
Reading Time: 2 minutes Amid the terrible market and paper loss in my brokerage account, I was doing some soul search: general market condition aside, what went wrong in my investments; new ideas? I came across this Cal-Maine foods from the latest Barrons, Egg Fight: The Yolk’s on the Shorts. We all know the egg price went up quite
Reading Time: < 1 minute (Update July 7) Microsoft and Carl Icahn appeared to team up and will try to ouster the current board, esp. CEO Jerry Yang. I don’t think the current board and management is toasted because: 1) Two co-founders Jerry Yang, David Falio, along with their friends Softbank, Alibaba have more shares than Carl Icahn and his
Reading Time: 2 minutes Wheat, Rice Couple weeks ago I noticed Panera raised its bagel price from 95 cents to $1.01, because of the sharp rise of wheat price. We all know bread flour is made from wheat. The wheat price has been up 50% in last 6 months, due to draught in key wheat producing country Australia. Interestingly
Reading Time: 2 minutes As you may know, the Bear Sterns (BSC) was bought by JP Morgan for $2 a share as of this afternoon March 16 US time (Reuter News). And here was Cramer’s take on Bear Sterns on Mad Money just last Tuesday (March 11). Dear Jim: Should I be worried about Bear Stearns in terms of
Reading Time: 2 minutes Bear Stern (NYSE:BSC) spoiled the market today. There was some confusion about Citic Securities recent agreement. As far as I know, according to Bloomberg, there was a small stock swap deal and potential JV. But lately they are under a talk to revise the deal. So nothing like the China Invest Co. Blackstone IPO fiasco.
Reading Time: 2 minutes The following was done a while ago. Why I have not followed it in last two years, and missed this great agri boom? Because I followed all the hypes: Home Inns, Heelys and Crocs π ========== Dec. 14, 2005 Dear Mr. John, Both Monsanto and Sygentia are leaders in the agriculture business. Their financial fundamentals
Reading Time: 2 minutes I sold the remaing few CROX shares today. Not because I was scared of the bad news from mortgage and banking industries, and general worsening US economy. It’s because I think the Crocs story is over, for now. Lessons learned (this is related to my previous Stock Lessons series…) 1) When someone claims some new
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