I sold 70 Vance Info (VIT) shares today: they’re 40% up since I bought them in May 2008 June 30, 2009
Posted by deminvest in India Investing, Nasdaq stock, Single stocks, VIT, VanceInfo Technologies, growth stock, investment, my free stock, nasdaq, stock I own, stocks.Tags: software
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VanceInfo Technologies is a Chinese software house.
A year ago I bought VIT because it was Chinese largest software house. I considered that fact as a great advantage over Indian software houses, which ended up losing more than half of their value in a year . Maybe I was right (link). Maybe I was just lucky to hit a well managed software house.
Why do I have an hard time suggesting a book for a novice trader? June 25, 2009
Posted by deminvest in Single stocks, investment, investment strategies, stock I own, stocks.3 comments
Yesterday Tjey, one of my 3 or 4 readers, asked me: “[...] if you suggest book for novice trader what book would suggest to read and why”
First reason why It is hard to me to suggest such a book is simple: I never read a book about trading. I’m actually not a trader. All I do is:
- read finance.yahoo.com everyday,
- check my portfolio loaded on finance.google.com which gives news about shares I own,
- read articles about Economics in regular newspapers
- distrust financial gurus, economists, politicians, central banks, CEOs, bloggers, funds, whoever charges commissions, myself
- think with my own head, knowing there great chances I’m wrong
- buy $ 1000 worth of stocks every month and (more…)
BBI Blockbuster. Once again… can it possible go further down? May 29, 2009
Posted by deminvest in my free stock.add a comment
Same stupid question we, the uneducated investors, pose:
Can BBI (or any other stock) it go further down???
Of course it can! One of the few things I have learned it that they CAN ALWAYS GO DOWN
I have 60 free BBI shares. When I got them (by my free stock strategy), it was a year ago and they were worth $4.11 each, form a total amount of $ 246. They went 80% down to $0.7 and are worth $40 now.
Yea, financial gurus are there to “fool” us: look at The9 (NCTY), a rip off that was “The Best E-Commerce Stock for 2007: The9″ according to Mothley fool stock Advisor Will Frankenhoff May 22, 2009
Posted by deminvest in Nasdaq stock, growth stock, nasdaq.Tags: China, financial gurus, Mothley Fool, Motley fool stock advisor, Word of Warcraft, WOW
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We the people must beware of financial gurus. We must use our own heads.
GuruMotley fool stock advisorThe Best E-Commerce Stock for 2007: The9″
Then he explained:
“ I like The9 not only because it’s the purest play in the Chinese online gaming sector — deriving more than 98% of revenue from gaming services in the most recent quarter — but also because the company owns the Chinese rights to the world’s most popular online role-playing game: Blizzard Entertainment’s World of Warcraft (WOW). This is a game that is estimated by The New York Times to have generated $1 billion in revenue in 2006 alone, and Chinese gamers certainly seem to have been big contributors to the game’s record-breaking success.”
Two years ago I read those “Big Guru’s words” and posed on a Post on this Blog a simple vital question:
What will happen of this reseller of Vivendi’s software if Vivendi decides not to renew license agreement?
Today I got the answer from the news to my simple question:
Robbing American high tech companies. Europe did it again: $ 1.44 Billion fine for using illegal sales tactics May 13, 2009
Posted by deminvest in investment.2 comments
This is what I wrote last year: “European Union is finding a new interesting way to finance its huge bureaucracy: they impose billion dollars sanctions on Microsoft” here is the link.
Since it worked so well,they are doing it again. I still think that US should retaliate imposing equivalent fines on European exporting to the US.
PBR PETROLEO BRASILEIRO is a stock everybody says i should own May 7, 2009
Posted by deminvest in investment.Tags: brazil, finance, investing, investments, stocks
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CONSOLIDATED EDISON INC (ED) and BURLINGTN N SANTE FE may be interesting stock picks for May May 6, 2009
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Edison is a large utility trading at an interesting P/E level : 8.47.Forward P/E = 11 is less interesting. What I really like is its 6.3% Annual Dividend Yield.
My March buy was MCD McDonald’s Corporation, bacause it is global, fairly priced, and yields good 3.80% dividends May 5, 2009
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On Apr 20, 2009 I bought 20 MCD McDonald’s Corporation shares at $ 55.35 each.
Reasons why I bought:
- McDonald’s earnigs are still growing 3.50% year on year, even though low dollar hurt MCD’s international sales
- MCD pays hefty $2 yearly dividends, yielding 2.8% in nice clean cash
- McDonald’s meals are cheap. Recession won’t hurt MCD
- Mc Donald’s is global. Children from all over the planet like its burgers, fries and Happy Meals. People traveling will always know they find a meal which may be quite unhealthy, but will not make them sick the next day and a reasonably clean bathroom.
Old Glory UNISYS CP (UIS) may be my May stock pick April 30, 2009
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