Reading Time: < 1 minute Heng Yuan Xiang, 恒源祥, a wool clothing brand started in Shanghai since 1927, is airing the following ad in China. This Olympics sponsor TV ad is reciting 12 Chinese zodiacs (like spam). I think that’s why it got attention and also how it annoyed people, and drew critism. Well, annoying or not, you can make
Reading Time: < 1 minute Crocs scheduled the Q4 2007 earning report on Feb 19. Couple things I anticipated and will pay attention to: 1) I don’t think this will be a strong quarter due to seasonality: it’s winter in Europe and Japan, and in winter they don’t wear Crocs as the American do. 2) Inventory: if the 1) holds,
Reading Time: < 1 minute A short while ago I decided not to short EDU. Today the EDU stock buy back program confirmed my reasoning. Here is their buy back plan (CNNMoney): New Oriental Education & Technology Group Inc. (NYSE:EDU) Thursday said its board had approved the buyback of 1 million American Depositary shares. The program is effective between Feb.
Reading Time: < 1 minute The China doemestic stock market resumed trading after a week of recess (for the Lunar New Year). To the surprise of most people and an old Chinese saying “Kai Meng Hong”, the market opened down instead of up. It appears people are still nervous about the US economy and its fallout effect to China economy.
Reading Time: < 1 minute Yesterday one of the big news (Reuters) in the technology arena is the down of Blackberry (a.k.a., the Crackberry) email sevice in north America. This obviously has huge impact on the business and goverment users as they rely on device for email. But how could this happen? Isn’t blackberry supposed to be more reliable than
Reading Time: < 1 minute Dow Jones Industrials Average (DJIA, Wikipedia), commonly referred as Dow Industrial Index, is widely perceived as the benchmark of the US stock market. This perception is not necessary a reflection of reality, as I said in my earlier post. Today Dow underwent another tweak: from Feb 19 it will remove Altria (MO, today’s closing price
Reading Time: < 1 minute Peter Lynch once described our human’s psychology about stock market during different cycles, in his book One Up on Wall Street. I remember he used a party as an example, and he looked at the number of people approached him (people know he is a fund manager), and the amount of conversations about stocks, as
Reading Time: < 1 minute I closed the Amazon Feb $65 puts last Wed, when I saw the stock dropped to around $68, which is the low point the day after it released Q4 earning. Lesson learned: 1) short/put a stock is much harder than I thought. I started this trade because I saw EDU, AAPL, and VMW all dropped
Reading Time: < 1 minute It appears Politicians are not the only flip floppers. The reason we should not follow analyst blindly. Citigroup Global Markets analyst Jim Suva, talked about RIMM on early Feb (source: seekingalpha): “Overall, we believe the points brought up during today’s call are highly supportive of our bull case on RIM. Concerns regarding financial services exposure
Reading Time: < 1 minute According to my friend Wang Jianshuo (and he got it through CCTV), Chinese people sent 5 billion text messages (SMS) for the New Year Greeting. Separately, I picked up more China Mobile shares (CHL) today. Average down is not the best approach, I may sell some CHL (I bought at higher cost earlier) later on,
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