InvestorGeeks

My Chat With The SEC…

by Christian

When an email came through entitled “Conference Call with SEC,” I took notice. It’s sort of like, “Police knocking on your door.” Luckily, it was not that kind of conversation; it was actually something far from it.

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Book Reviews: (Traders, Guns, and Money) and (An American Hedge Fund)

by Christian

I read both books: “Traders, Guns, and Money” and “An American Hedge Fund“. And I had two completely different reactions. I received an early copy of An American Hedge Fund and have not said a word on it. Why? I disliked it, it rubbed me the wrong way, and thought if you can’t say anything nice then don’t say it at all.

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Has Mike Carson Disproven Efficient Market Theory Using Inspectd.com?

by Jason

On March 23, Mike from UglyChart.com announced that he had “Absolute proof that the Efficient Market Hypothesis is incorrect, that Technical Analysis works, and that I wasted too much time on inspectd.com“.

Here’s a bit of a time line before and since:

March 20, 2008: Inspectd.com is listed in the “links for” post at UglyChart.com.

March 21, 2008: TechCrunch posts an article about a new “Time Waster” called Inspectd.com, and the rest of us notice this site that “has been around for a while”.

March 22, 2008: Ugly posts How to turn $100,000 into $6 Billion+ on inspectd.com, including this video:

[video after the break]

Expect incredible earnings from Google’s next earnings call.

by Jason

I originally posted this on the Google Finance discussion boards and then though I’d fix it up a bit before posting… but well anyway…

I was bearish on Google before the last earnings call.

I felt that Google would miss some numbers due to recent changes
they’ve made in the “clickable area” of their ads and their PageRank
formula. Both changes were good long term (since they’ll help combat
click fraud and spammy publishers - and generally increase the quality
of the ads). But the changes came with some immediate cost to the
bottom line in the short term.

I am now bullish on Google for the same reasons. Or really because (1)
it wasn’t that bad and (2) the long term is already here.

Why I Do Not Like Commodities!

by Christian

Today was a great day for equities, but a horrible day for commodities and gold.

Gold futures dropped more than 3% Tuesday in a broad-based commodities sell-off, as strength in the U.S. dollar exerted heavy selling pressure on the precious metal.

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Pete Najarian of Fast Money You Are Playing With Fire

by Christian

I guess it was about a week ago Pete Najarian on Fast Money said that he kept his Apple shares, but sold 140 April calls for 9 dollars a piece. When he said that I thought he was crazy.

How did it play out? Not so good folks. First he sold the options at 9 dollars and for a very short period he was right as the option went down to 6 dollars. But then Apple came back with a vengeance. (Note Apple might still drop..)

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