Trying to figure out what to think about this: (from BusinessWeek) The Nasdaq said after markets closed that it will cancel all trades of stocks that moved more than 60 percent from their price at, or immediately prior to, 2:40 p.m., when the slide started. The cancellation applies to trades executed between 2:40 p.m. and (more…)
Via blog.xplana.com: Personally, I think this is a little conservative… though kids and professors on campuses would probably know more about how motivated professors are to switch to digital textbooks. What I do know is that no one likes spending $100 for a textbook and my professors were always empathetic to this. Obvious investment plays (more…)
There is a great QA with Herb Greenberg over at TheKirkReport. A few snips from the article: … Kirk: For good or for ill, how do you see financial journalism evolving with the use of blogs and other social media? Herb Greenberg: The good: Leveling the playing field with an enormous amount of information. Bad: (more…)
Got an email from the friendly folks at ycharts.com. I’m sure you all have your favorite chart sites and tools. Most of these sites don’t offer much more than the basics or hide some stuff behind fees. So I almost didn’t look at YCharts. However, their charts are really nice, and they can chart some (more…)
via Crossing WallStreet: For about 18 months, the share prices of Apple (AAPL) and Goldman Sachs (GS) followed each other pretty closely (though Apple has many more shares outstanding). As recently as six months ago, both stocks had the same share price. Today, however, Apple’s stock is worth $85 more than Goldman.
The folks behind the new documentary Stock Shock: The Short Selling of the American Dream asked me to share the trailer with our readers. This would be an interesting movie for any of you who at some point owned shares in Sirius (SIRI) or XM (XMSR) Satalite Radio.
(trailer and more after the fold)
This is a paid review… I haven’t been doing many paid reviews lately, but have a couple extra minutes and could use the $15 (or so?) for InvestorGeeks and this site looks pretty cool anway. Wall Street Survivor is a free fantasy stock market game. You’ve probably seen many of these around. CNBC does a (more…)
At $35, Google Finance puts the Garmin PE at ~8.5. That’s just too low for a company with 25% annual growth.
I made some money riding this stock from about $45 to $80. I kicked myself for not holding it to $120. I bought some up there and was quickly stopped out for a small loss. And now I’m glad I haven’t owned it for a while and have a chance to back up the truck.
Before I do so, I wonder if anyone out there can tell me what I’m missing. Here are some reasons for the low GRMN price I’m reading on message boards and blogs:
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]
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 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.