Reading Time: < 1 minute Dai Tou Da Ge, the Chinese famous stock blogger, got arrested by the goverment for “illeagally enaged in financial advising activities”, according to Sina news. So what do we learn from this? 1) If some one claims he/she can predict the stock market with 90% accuracy. Run, run away as fast as you can. 2)

Reading Time: < 1 minute I bought some NINE (Ninetowns) shares for the 3rd time last Dec. for two reasons: 1) It’s getting into B2B business. A successful example of B2B in China is Ma Yun’s Alibaba, which has done well (at least generated lots of buzz), and is planning to go IPO in Hongkong this year. 2) Duan Yongping,

Reading Time: < 1 minute Bought a little SNCI today. It’s a company makes hearing aids. I read it from Kiplinger’s Personal Finance August Issue in the weekend. Did a little research including reading its annual report. This is my speculative play, I put my bet on it because I think some of the positives include: 1) The company sold

Reading Time: 2 minutes Today, Fredy Bush, the CEO of Xinhua Finance and Xinhua Finance Media Limited (XFML), released a letter to counter the recent media coverage of “the mystery of Xinhua Finance”. Quote the letter: — Over the years the media has criticized Xinhua Finance as being too close to the Xinhua News Agency and the government of

Reading Time: < 1 minute 1) PTC woes: last week Goldman Sachs, the No. 1 broker in the US (and world), upgraded PTC (a PLM software vendor) to “buy”, and raised its target from $22 to $24. On July 5, PTC says it’s going to miss the 3rd revenue estimates. I guess the GS analyst would be pretty upset by

Reading Time: 2 minutes Since today is a good day (7-7-07), I want to do something special. I have planned this thing for a while: create an investment partnership or the sorts. Right now I’m the only partner in this venture. But I’m open to new investors with similar investment philosophy. Why do I create this Equity partnership? Well,

Reading Time: < 1 minute Just went back from Chesterfield Mall, saw Heelys at predominant locations at “Finish Line” (the discount sporting shoes store), and TradeHome, a boutique shoes store which also sells Crocs, Keen, Merrel and Teva. The Journeys also kept the Heelys, also I saw they cut the price on one model. Yes, Heelys (HLYS) is a broken

Reading Time: < 1 minute Tomorrow, July 7, 2007, is a “triple seven” day, the winning number of slot machine. More importantly, some people claims this occurs once a century. There will be a lot of people get married this day. Unfortunately the stock market will be closed. I guess you can always go to the gas station to get

Reading Time: < 1 minute The Shanghai composites went down 5% today (to about 3600), the biggest drop since May 30 when goverment increased the “stamp tax”. I heard one reason for today’s big drop is incoming new issues such as the IPOs from Bank of Nanjing, Bank of Ningbo. Hello?! How many new shares are B. of Nanjing and

Reading Time: 2 minutes (Update July 4) Did not see any filings at SEC web site but got Q2 2007 earning at Discover’s own web site. Quote below. “Riverwoods, IL, June 20, 2007 – Discover Financial Services (NYSE: DFSWI) today reported net income of $209 million for the quarter ended May 31, 2007, compared with record net income of