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
Reading Time: < 1 minute Here is some interesting stuff I read (auditor’s opinion): “We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the consolidated financial statements as of and for the year ended December 31, 2007 of the Company and our report dated February 29, 2008 expressed an unqualified opinion
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