Reading Time: 2 minutes (Update 2) Some employee reviews at jobvent. (Update) Market cap calculation: the company issued 5.7 m * $14 = $79.8 m. According to 424B4: (principle and selling shareholders), 1,714,710 shares is about 8.0 % (last row). 5.7 /1.715 * 8% = 3.3241 * 8% = 26.59%. So the market cap is about: $79.8 m /

stlplace
October 2, 2009

Reading Time: 2 minutes (Update 2) It appears EDMC IPO had warm reception. After all, it’s backed by Goldman (both as investor and IPO underwriter). Also from Reuters. (Update) BTW, I found Echo Global Logistics IPO to be much more interesting, will write it up soon. (Original) Priced at $18 a piece (Reuters), quote: EDMC (web site), a provider

stlplace
October 2, 2009

Reading Time: < 1 minute From YouTube. Pretty nice, huh?

stlplace
October 1, 2009

Reading Time: 2 minutes (Update Oct-01-2009) Sold all CBAK shares today. I don’t want to hold it in this market. Took a small profit (about 3.5%). (Original) Some background As of Sept 28, the big brother BYD market cap HKD 140.9 b = USD 18.18 b; annual revenue RMB 26.788 b (Google finance HK: 1211) the little brother China

stlplace
September 29, 2009

Reading Time: < 1 minute Today Xerox announced a $6.4 billion deal to buy BPO (short for busines process outsourcing, basically IT service) company Affiliate Computer Services (NYSE:ACS), refer to this MarketWatch article for more details. Both companies are not new to me, because I know Xerox (Palo Alto Research Center, Wiki entry, PARC own web site) invented the computer

stlplace
September 28, 2009

Reading Time: 2 minutes Disclosure: I am not a gamer, my favorite computer game was played on Windows 3.1 in 1994/5. Don’t know the English name, we called it Pirates Ship, basically three guys (one has a shield, one has a knife, and another one can jump) have to work together to overcome the adversaries and achieve the final

stlplace
September 28, 2009

Reading Time: 2 minutes Barrons has an article on solar plays, specifically it mentioned First Solar recent China project may not hold water. Interesting observation. I don’t know all the facts, but being curious, I listed some stuff here.

stlplace
September 27, 2009

Reading Time: 2 minutes That’s exactly how I did with Shanda Games (Nasdaq:GAME) IPO today. Shanda is not new to me. I lost money on this one three years ago (see my old stock lesson here). I am not bitter about losing money either. Because after about 5 (6) years in US stock market, especially the roller coaster ride

stlplace
September 25, 2009

Reading Time: < 1 minute “Be Greedy When Others Are Fearful”: Why Buffett Didn’t Buy More at the Bottom (Yahoo Tech-ticker) More importantly, I think controlling one’s emotion is key in this market (like yesterday and today :-(. Obviously easily said than done. Yesterday I read the WSJ top page story on people trading AIG stock, most of them lost

stlplace
September 24, 2009

Reading Time: 3 minutes (Google finance NYSE:BPO) company web site Wikipedia: link Brookfield Properties Corporation (TSX: BPO, NYSE: BPO) is a Toronto-based North American commercial real estate company. Brookfield Asset Management owns 50% of its outstanding common shares. Brookfield owns, manages and develops premier office properties in the downtown core of New York City, Washington, D.C., Boston, Denver, Minneapolis,

stlplace
September 20, 2009
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