Reading Time: < 1 minute First let’s mark Oct 14 2009: Dow 10,000 2.0 (Yahoo Tech-ticker video below) (did you notice the Yahoo ~~~ in the end, Yahoo became more goofy under Carol) My topic today is IPO. I have not got much luck from IPO investing (to be more precise, speculating). My lessons are the following:

Reading Time: 2 minutes (Update 13Nov09) BBI released not so good earning report (Reuters). One interesting point is they are going to spend $10,000 to $20,000 to renovate the stores (about 1,700). (Original) Note I am saying “dying”, not “death”. This also does not demonstrate all the hard work of men and women at Blockbuster, from corporate to stores,

Reading Time: < 1 minute From Yahoo Tech-ticker. I don’t necessarily agree his view (but it’s always good to listen to both sides of the arguments).

Reading Time: < 1 minute Two things I wanted to talk about ESPP: personal bias and taxation. I remember I grew tired of my undergraduate college at the fourth year, due to various reasons. But after leaving my college for so many years, now I think that’s one of the best places I have been. Personal congnition bias also plays

Reading Time: < 1 minute (Update 22Oct09) SEC filing 424B4. (Original) I talked about Mistras (NYSE:MG) IPO briefly the other day. Today I read this “MatlinPatterson Global Sells $3M Worth of Huntsman“. And in this news I saw some insiders of Mistras bought some shares in IPO: Mistras Group (MG) Stamatakis Manuel N DIR 6,000 $75,000 Mistras Group (MG) Peterik

Reading Time: 3 minutes (Update 21Oct09) Baird analyst downgraded BEE. The stock dropped quite a bit. Also, I found the web site of Vector Group Ltd here. Vector Group bought a 7.1% stake in BEE on July 8 (SEC filing here). Note the owners of BEE includes Bill Gates (via. his Cascade Investment). A Hotel REIT list. (Original) Ticker

Reading Time: < 1 minute I did not do anything with my 401k when I left my old employer about one year ago. The past year was also a year of hugh up and downs. I managed not to do anything with it in the past year: no re-balance, no jump in and jump out, no rollover to IRA, and

Reading Time: 4 minutes That’s not my observation, that’s what Graham, the value investing guru, said in his book “Intelligent Investor”. I think this is especially true in the current IPO market. Two large recent IPOs, Shanda Games (Nasdaq:GAME) and Banco Santander Brasil S.A. (BSBR, SANB11.BR), showed exactly that. Both traded lower the first day it went public. I

Reading Time: < 1 minute Forget about the stupid IPOs, stocks, economy,…it’s baseball time in this baseball town. St. Louis Cardinals is playing NLDS (National League Division Series) against LA Dodgers. Here is the local (St. Louis area) TV schedule. Gm 1 STL @ LAD Wed 10/7 9:37 TBS Chris Carpenter v Randy Wolf Gm 2 STL @ LAD Thu

Reading Time: < 1 minute (11Nov09) The company announced Q3 09 results. Note the company had higher than expected expense on stock based executive compensation (related to IPO). Basically the company let the executive stock options vested upon IPO. (Update Oct 08, 2009) I sold it this afternoon (ET) at $10, and got the new IPO Mistras (NYSE:MG). Like I