Reading Time: 2 minutes USA today has an interesting article regarding Chinese investors (speculator more precise) learning a tough lesson in the domestic stock market. The article used two example to explain: (Picture source: USAtoday.com) In October (2007), Wang, 45, invested $2,800 in a Beijing real estate firm, chosen, Wang explains, “because it’s called an ‘Olympic stock,’ and ought

stlplace
February 23, 2008

Reading Time: 2 minutes Another crazy day, the market traded mostly lower today, until 3:30 PM EST, CNBC reported Ambac will announce it raised capital earlier next week. It seems everyone just can not get enough stocks since then, all the US indices reversed the downward trend and closed higher. For me, the feeling is like “hew”, my little

stlplace
February 22, 2008

Reading Time: < 1 minute Stars on Ice We saw Shen Xue and Zhao Hongbo yesterday, very nice. Both the show and the couple. By the way, a little advertisement, my wife had a nice write up for the event. Like and don’t like about snow/ice storm Don’t like 1) Clean up my car (I don’t have garage); 2) The

stlplace
February 22, 2008

Reading Time: < 1 minute Crocs broke my heart; RIM made my day. While CROX continued his downward spiral, today Research in Motion (RIM, Nasdaq: RIMM) is up 8% on the news it will beat its forecasted subscriber growth. Now I regret I did the swing last week, in which I cashed in some gain, and reduced the number of

stlplace
February 21, 2008

Reading Time: 2 minutes (Update March 15) Remove Bill Miller from the Masters list. His holding Countrywide Financials, Sprint, Bear Stern blew up one after another. Although his 15 years streak to beat S&P is admirable, but 3 strikes in a row, not that impressive. I gave him a rating of 4.5, between good fund managers and masters 🙂

stlplace
February 21, 2008

Reading Time: < 1 minute I decided to take some CROX off the table. Too much controversials on the stock after yesterday’s earning report. Here are some of the bull case and bear case. Bull case Management is optimistic on the international expansion, and new products (jibbitz, Bite, OceanMind etc.), but which company’s management is not bullish on their company’s

stlplace
February 20, 2008

Reading Time: 2 minutes For fun, please note I am not endorsing any of the canidate… Economy policy using Google I googled “Obama/Hillary/McCain economy policy” and here is what I got. Note I only looked at the results from their campaign web site (click on the the names below to see the search results). Hillary: she does not has

stlplace
February 19, 2008

Reading Time: < 1 minute To be fair, Crocs reported a good quarter for Q4 2007. But, the outlook did not please the street, let me quote Reuters: The company based in Niwot, Colorado, whose vibrantly colored shoes, clogs and boots have become a fad in recent years, also backed its 2008 profit outlook of $2.70 and revenue view of

stlplace
February 19, 2008

Reading Time: < 1 minute Starting this year I got the Barrons’ subscription from my frequent flier miles (Northwest). (picture from charleslockwood.com) 1) Joe Rosenberg is an investment guru, and he shared his insights on various stocks from MSFT, YHOO to PFE. He likes MSFT the stock, but he does not like the decision of buying YHOO, and he thinks

stlplace
February 19, 2008

Reading Time: < 1 minute Missing iPhones are found in China According to InStat, a market research company, there are about 400,000 unlocked iPhone in China. Most of them are purchased in the US, unlocked and shipped to China later. An interesting side point is Chinese (smart phone) users are mostly for entertainment, while the US users focus on business

stlplace
February 18, 2008
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