12/15/2010
Macau Government says no more direct land grants to casinos
There will be no more land plots granted for casino projects without a
public
tender once the new Land Law comes into effect, the Land,
Saturday, December 18, 2010
Panasonic new electronic lenses
PixelOptics announced that Panasonic Healthcare Co., Ltd. of Ehime, Japan, will manufacture electronic lenses for PixelOptics' electronic eyeglasses. The emPower! eyeglasses focus faster than the blink of an eye, have no moving parts.
LuLu soars
Dec 9
Lululemon Athletica Inc <LLL.TO> <LULU.O>, a Canadian yoga-wear retailer that has caught the eye of U.S. television host Oprah Winfrey, nearly doubled in the third quarter.
The company said it sees more growth ahead.
Lululemon's shares soared as much as 20 percent after the release of the results Thursday afternoon. On Nasdaq, the stock was up 17.50 percent, or $9.75, at C$65.45. It was a top net gainer on both markets.
The company, whose $98 relaxed-fit pants were featured on Winfrey's annual "Favorite Things" program last month, has seen its shares rocket nearly 110 percent this year.
Lululemon Athletica Inc <LLL.TO> <LULU.O>, a Canadian yoga-wear retailer that has caught the eye of U.S. television host Oprah Winfrey, nearly doubled in the third quarter.
The company said it sees more growth ahead.
Lululemon's shares soared as much as 20 percent after the release of the results Thursday afternoon. On Nasdaq, the stock was up 17.50 percent, or $9.75, at C$65.45. It was a top net gainer on both markets.
The company, whose $98 relaxed-fit pants were featured on Winfrey's annual "Favorite Things" program last month, has seen its shares rocket nearly 110 percent this year.
Tuesday, December 7, 2010
Takeover chatter Dec. 7,2010
Market speculation today includes takeover possibilities for each of the following companies: MEMC Electronic Materials (WFR), Titanium Metals (TIE), Mosaic (MOS), SLM Corp. (SLM), and Compellent Technologies (CML)
BYDDY stock split
| ||||
| Declaration Date:-- | Ex Date:12/2/2010 | Record Date:11/30/2010 | Payment Date:12/1/2010 | |
| Dividend Type:Stock Dividend or Split | Dividend Amount:400% stk | |||
| Notes:stk dividend concurrent with a ratio change from 1:10 to 1:2; Due Bill Redeemable Date: 12/06/2010 | ||||
Monday, November 29, 2010
ELECTRIC CARS IN CHINA A GO !!!!!
the end of 2012. The city will also build 100 recharging stations.
pilot plan by the city of Beijing to provide subsidies of up to $9,000 to buyers of electric vehicles and up to $7500 to each buyer of hybrid cars was approved by an "experts' panel" , according to China Daily, which cited a report by People's Daily. The city hopes that 23,000 of its residents will drive electric cars by the end of 2012. The city will also build 100 recharging stations.
Wednesday, November 24, 2010
gm is back !!!!!
General Motors (GM) have advanced as far as 9.1% during its first day of trading since filing for bankruptcy last year after about 100 years of trading on the New York Stock Exchange, notes Bloomberg.
The U.S. Treasury and other GM owners sold $15.8 billion in common shares at an IPO price of $33 each, which was the second-largest U.S. IPO on record, the report said.
GM shares are up 8.58%, or $2.84, to $35.84.
Price: 35.84, Change: +2.84, Percent Change: +8.58
The U.S. Treasury and other GM owners sold $15.8 billion in common shares at an IPO price of $33 each, which was the second-largest U.S. IPO on record, the report said.
GM shares are up 8.58%, or $2.84, to $35.84.
Price: 35.84, Change: +2.84, Percent Change: +8.58
Tuesday, November 23, 2010
Frequently Asked questions about buy and hold as an investment strategy
Q: Why can it be better to invest with a hedge fund or group that trades daily verses just putting my money in a mutual fund?
A: A mutual fund does not trade in and out of stocks often so they tend to move with the market. In the last part of the 20th century is was reasonable to expect a 10 or 11 percent average return over one’s working lifetime if they invested in the market. That’s not the case now. The post WWII boom is over. I left college in 1997 to embark on a career and like a money-wise girl, began to invest in a retirement fund. If you look at a chart the S&P 500 has gone nowhere since then.
Q: Isn’t a mutual fund cheaper than a hedge fund?
A: Yes a mutual fund is cheaper from the standpoint of fees associated with owning shares in the fund. Hedge funds usually charge a percentage of the capital earned. But because mutual funds do not trade options they tend only to made money when the market goes up.
Q: You mentioned funds only making money when the market goes up. Where do you see the market going in the next 20 years or so?
A: I am bullish on the US economy but globalization has made the runaway profits that we have seen in the past all but a thing of the past. In fact I think with each passing year the Dow and S&P are becoming less relevant as benchmark because of the influence of global competitors. A company that does not think globally is doomed. From an investors standpoint that means research is that much more difficult.
Q: What makes My Rich Uncle or groups like yours think that they can trade better than the average, fairly educated, person?
A: That’s a great question. Some of the world’s best traders did not go to Ivy League schools. Many do not hold masters degrees and some never finished college, or didn’t even attend. What it takes to be successful, besides understanding how the market works (which anyone can learn), is that “X” factor. That, in my opinion cannot be taught. It takes focus, experience and an extremely cool demeanor. In options trading for instance, fortunes can be lost and gained in seconds. Not everyone can function under that pressure.
Q: Lets say someone is watching now and they are saying to themselves, “I have that “X” factor. I’m smarter than those guys.” What would you say to that individual?
A: I’d say they might be right. But My Rich Uncle and groups like it exist because there is no way that a person who works for a living can trade options because unlike stocks, options can only be traded during the day. I suppose you could hide in your cube and try it but HR might not be too happy with you if they catch you logged onto Etrade when you are supposed to be working. LOL…. Then there is the problem with capital. The average person often does not have access to the capital required to invest and make reasonable gains. As part of a group you have the benefit of a larger pool of capital.
-Stacy
A: A mutual fund does not trade in and out of stocks often so they tend to move with the market. In the last part of the 20th century is was reasonable to expect a 10 or 11 percent average return over one’s working lifetime if they invested in the market. That’s not the case now. The post WWII boom is over. I left college in 1997 to embark on a career and like a money-wise girl, began to invest in a retirement fund. If you look at a chart the S&P 500 has gone nowhere since then.
Q: Isn’t a mutual fund cheaper than a hedge fund?
A: Yes a mutual fund is cheaper from the standpoint of fees associated with owning shares in the fund. Hedge funds usually charge a percentage of the capital earned. But because mutual funds do not trade options they tend only to made money when the market goes up.
Q: You mentioned funds only making money when the market goes up. Where do you see the market going in the next 20 years or so?
A: I am bullish on the US economy but globalization has made the runaway profits that we have seen in the past all but a thing of the past. In fact I think with each passing year the Dow and S&P are becoming less relevant as benchmark because of the influence of global competitors. A company that does not think globally is doomed. From an investors standpoint that means research is that much more difficult.
Q: What makes My Rich Uncle or groups like yours think that they can trade better than the average, fairly educated, person?
A: That’s a great question. Some of the world’s best traders did not go to Ivy League schools. Many do not hold masters degrees and some never finished college, or didn’t even attend. What it takes to be successful, besides understanding how the market works (which anyone can learn), is that “X” factor. That, in my opinion cannot be taught. It takes focus, experience and an extremely cool demeanor. In options trading for instance, fortunes can be lost and gained in seconds. Not everyone can function under that pressure.
Q: Lets say someone is watching now and they are saying to themselves, “I have that “X” factor. I’m smarter than those guys.” What would you say to that individual?
A: I’d say they might be right. But My Rich Uncle and groups like it exist because there is no way that a person who works for a living can trade options because unlike stocks, options can only be traded during the day. I suppose you could hide in your cube and try it but HR might not be too happy with you if they catch you logged onto Etrade when you are supposed to be working. LOL…. Then there is the problem with capital. The average person often does not have access to the capital required to invest and make reasonable gains. As part of a group you have the benefit of a larger pool of capital.
-Stacy
Saturday, November 13, 2010
MORE ABOUT APPLE !!!!!
Peace ~
Apple Still Has Room to Grow
Apple (Nasdaq: AAPL), stock price has already climbed 50% year to date, can still offer opportunity for investors.
Do you still think Apple is reasonably priced?Over the past six years, Apple's stock has increased 11-fold! When a company goes on a tear like that, analysts, buyer's are bound to become cautious about the possibility for market saturation. , Apple is the second-largest company (using market cap) in the United States, behind only ExxonMobil.
Apple's has recent records of crushing analyst estimates. Over the last eight quarterly reports, Apple has beaten analysts' EPS estimates by an average of 28%.
Do you want to buy into Apple or bag them?
Either way aren't Apples good for you?
Tuesday, November 9, 2010
Friday, November 5, 2010
APPLE CHINA
Time, 11/02/2010 (MidnightTrader) -- Technology issues are up before the bell, while Morgan Stanley reported that Apple's (AAPL) revenue from China may triple over the next two years as its sales network expands across the country. The investment bank projects Apple's Chinese sales reaching $9 billion by September 2012, up from $2.9 billion last year.
CELLULAR PHONE
HELSINKI, Oct 28 (Reuters) - Following are third-quarter
2010 sales of mobile phones in millions of handsets, as reported
in corporate earnings releases of the world's top vendors.
Q3 2010 Q2 '10 Q3 '09 %change
y-o-y
Nokia <NOK1V.HE> 110.4 111.1 108.5 +2
Samsung Electronics 63.8 60.2
LG Electronics<066570.KS> 28.4 30.6 31.6 -10
Apple <AAPL.O> 14.1 8.4 7.4 +91
RIM <RIM.TO><RIMM.O> * 12.1 11.2 8.3 +46
Sony Ericsson <6758.T> 10.4 11.0 14.1 -26
Motorola <MOT.N> 9.1 8.3 13.6 -33
Samsung Electronics <005930.KS> will report July-September
numbers on Friday. v
2010 sales of mobile phones in millions of handsets, as reported
in corporate earnings releases of the world's top vendors.
Q3 2010 Q2 '10 Q3 '09 %change
y-o-y
Nokia <NOK1V.HE> 110.4 111.1 108.5 +2
Samsung Electronics 63.8 60.2
LG Electronics<066570.KS> 28.4 30.6 31.6 -10
Apple <AAPL.O> 14.1 8.4 7.4 +91
RIM <RIM.TO><RIMM.O> * 12.1 11.2 8.3 +46
Sony Ericsson <6758.T> 10.4 11.0 14.1 -26
Motorola <MOT.N> 9.1 8.3 13.6 -33
Samsung Electronics <005930.KS> will report July-September
numbers on Friday. v
whole foods
At a time when most chains are struggling to grow sales without drastically cutting prices, Whole Foods has been able to increase both sales and margins. And while shares of more traditional grocers are staying within a tight range, Whole Foods is trading like a high-flying tech start-up.
On Wednesday, Whole Foods Market (ticker: WFMI) posted earnings of $57.5 million, or 33 cents a share, on revenue of $2.1 billion for its fiscal fourth quarter, ended Sept. 26. Analysts had expected 28 cents of earnings on $2.06 billion in revenue. The company grew ...
On Wednesday, Whole Foods Market (ticker: WFMI) posted earnings of $57.5 million, or 33 cents a share, on revenue of $2.1 billion for its fiscal fourth quarter, ended Sept. 26. Analysts had expected 28 cents of earnings on $2.06 billion in revenue. The company grew ...
Sunday, October 31, 2010
double a penney for a month and get 10,737,418.24
Yes It is True double a penney for a month and get 10,737,418.24
Day 1 .01
Day 2 .02
Day 3 .04
Day 4 .08
Day 5 .16
Day 6 .32
Day 7 .64
Day 8 1.28
Day 9 2.56
Day 10 5.12
Day 11 10.24
Day 12 20.48
Day 13 40.96
Day 14 81.92
Day 15 163.84
Day 16 327.68
Day 17 655.36
Day 18 1,310.72
Day 19 2,621.44
Day 20 5,242.88
Day 21 10,485.76
Day 22 20,971.52
Day 23 41,943.04
Day 24 83,886.08
Day 25 167,772.16
Day 26 335,544.32
Day 27 671,088.64
Day 28 1,342,177.28
Day 29 2,684,354.56
Day 30 5,368,709.12
Day 31 10,737,418.24
Day 1 .01
Day 2 .02
Day 3 .04
Day 4 .08
Day 5 .16
Day 6 .32
Day 7 .64
Day 8 1.28
Day 9 2.56
Day 10 5.12
Day 11 10.24
Day 12 20.48
Day 13 40.96
Day 14 81.92
Day 15 163.84
Day 16 327.68
Day 17 655.36
Day 18 1,310.72
Day 19 2,621.44
Day 20 5,242.88
Day 21 10,485.76
Day 22 20,971.52
Day 23 41,943.04
Day 24 83,886.08
Day 25 167,772.16
Day 26 335,544.32
Day 27 671,088.64
Day 28 1,342,177.28
Day 29 2,684,354.56
Day 30 5,368,709.12
Day 31 10,737,418.24
ADR What are they?
An American Depositary Receipt (abbreviated ADR) represents ownership in the shares of a non-U.S. company that trades in U.S. financial markets. The stock of many non-US companies trade on US stock exchanges through the use of ADRs. ADRs enable U.S. investors to buy shares in foreign companies without the hazards or inconveniences of cross-border & cross-currency transactions. ADRs carry prices in US dollars, pay dividends in US dollars, and can be traded like the shares of US-based companies.
Each ADR is issued by a U.S. depository bank and can represent a fraction of a share, a single share, or multiple shares of the foreign stock. An owner of an ADR has the right to obtain the foreign stock it represents, but US investors usually find it more convenient simply to own the ADR. The price of an ADR often tracks the price of the foreign stock in its home market, adjusted for the ratio of ADRs to foreign company shares. In the case of companies incorporated in the United Kingdom, creation of ADRs attracts a 1.5% stamp duty reserve tax (SDRT) charge by the UK government.
Depositary banks have various responsibilities to an ADR shareholder and to the non-US company the ADR represents. The first ADR was introduced by JPMorgan in 1927, for the British retailer Selfridges&Co. There are currently four major commercial banks that provide depositary bank services - JPMorgan, Citibank, Deutsche Bank and the Bank of New York Mellon.
Individual shares of a foreign corporation represented by an ADR are called American Depositary Shares (ADS).
Each ADR is issued by a U.S. depository bank and can represent a fraction of a share, a single share, or multiple shares of the foreign stock. An owner of an ADR has the right to obtain the foreign stock it represents, but US investors usually find it more convenient simply to own the ADR. The price of an ADR often tracks the price of the foreign stock in its home market, adjusted for the ratio of ADRs to foreign company shares. In the case of companies incorporated in the United Kingdom, creation of ADRs attracts a 1.5% stamp duty reserve tax (SDRT) charge by the UK government.
Depositary banks have various responsibilities to an ADR shareholder and to the non-US company the ADR represents. The first ADR was introduced by JPMorgan in 1927, for the British retailer Selfridges&Co. There are currently four major commercial banks that provide depositary bank services - JPMorgan, Citibank, Deutsche Bank and the Bank of New York Mellon.
Individual shares of a foreign corporation represented by an ADR are called American Depositary Shares (ADS).
Saturday, October 30, 2010
CRUS how quickly will they rebound back?
Earnings off by .2.
Stock fell. Tied in with Apple 45%
Disappointing results.
When to go back into this position?
Stock fell. Tied in with Apple 45%
Disappointing results.
When to go back into this position?
My Rich Uncle says hello world!
Welcome to My Rich Uncle!
Please share any stock information, investment thoughts, comments that you would like to with us.
Invest wisely, let's make money!!!! We can all use a My Rich Uncle.
Please share any stock information, investment thoughts, comments that you would like to with us.
Invest wisely, let's make money!!!! We can all use a My Rich Uncle.
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