Reading Time: < 1 minute I mean the stock market. Dow lost more than 400 points. My brokage account lost about 10% of its value today.Ā The biggest decliners are Home Inns (HMIN) and Mindray (MR); but Crocs (CROX) and Heelys (HLYS) are not helping either š Now the question is: is this a healthy correction? Or the beginning of (dare
Reading Time: < 1 minute It will report the earnings after market today. The Street est. earning is $0.62, butĀ I think the whisper number is much higher. In other words, even if it beats the earning, if it issues a soft guidance, the stock may get punished tomorrow. This is the danger ofĀ “playing ERs” with hot stocks. Interestingly, Sage
Reading Time: < 1 minute New Oriental (EDU, based in Beijing): every Chinese student came to US for study knows that, no need to say anymore.Ā Home InnsĀ (Rujia, HMIN, based in Shanghai):Ā my friend in my hometown told me about thisĀ in summer 2004. He is a small business owner and he thinksĀ that RujiaĀ is clean andĀ economical.Ā HeĀ would stay thereĀ when heĀ visits ShanghaiĀ as long as
Reading Time: < 1 minute I mean the stocks, not the motel price. It’s being mentioned by IBD (Investors Business Daily) as No. 1 stock this Monday. IBD publishes 100 stocks every Monday based on its own rating system. Because a lot institutional investors trade stocks based on the IBD (whether there is meritsĀ or notĀ is another story), the stock went
Reading Time: < 1 minute I made a mistake on the market cap of Home Inns (Rujia, just like home), in my previous post (corrected now). The correct number is stock price * number of shares, or $44.93 * (32,283,906 / 2 + 5,874,237 )Ā = $839,479,146 The number of shares 32,283,906 is from its Q3 2006 report. 5,874,237 is
Reading Time: < 1 minute It’s about $44 now. Today IBD published an article about Home Inns. The author’s view is a little too optimistic: as I understand serious domestic competitor includes motel168, besides the Jinjiang Inn.Ā I noticed Jinjiang Inn also offers freeĀ broad band Internet now, as thisĀ was a key differentiator for Home Inn/Ru Jia in the past. Super 8,
Reading Time: < 1 minute I published an article about Home Inns HMIN on Seekingalpha (Yahoo Finance) today. This was loosely based on my previous postĀ in this blog on Jan 3. Seekingalpha is a financial (stocks in particular) blog platform, and it’s a Yahoo Finance partner.
Reading Time: < 1 minute Yes. It’s up and running now. Here is the link. I don’t know exactly how new IPOs got the message board started. It usuallyĀ takse many requests, andĀ lots ofĀ patience. Oh, don’t take the discussions (especially the price target) too seriously. Because if you believe it and trade accordingly, you may regret later. That being said, I
Reading Time: < 1 minute There are lots of praises for Home Inns (Rujia, most in Chinese). I saw this oneĀ in English. Actually from my own experience atĀ four Home InnsĀ in Shanghai I have both praises and complaints. So every coin has two sides. On serious side,Ā I noticed afterĀ Home InnsĀ developed the new hotelsĀ in Nanjing and Qingdao this year, they areĀ developing very
Reading Time: < 1 minute I have the following stocks in my Scottrade account as of today Jan 3, 2007. I remember the beginning ofĀ last year I only have 200 shares of Symantec (SYMC) Crocs (CROX): 46 shares,Ā it seems people can not get enough ofĀ those funky shoes. Heelys (HLYS): 62 shares, it seems everyone is skeptical of this except me
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