EBAY CEO John Donahoe IS IDIOT: IT IS OFFICIAL NOW. BTW… MEG WHITMAN is idiot too May 10, 2011
Posted by deminvest in ebay.Tags: idiots, John Donahoe, Meg Whitman, ripoff, skype, Skype writedon write-down
3 comments
Plain facts that anybody who is not an idiot can understand:
- Ebay bought fast growing Skype at $3.1 B bargain price.
- Skype continued to grow its user base, revenues and earning because it offers great services.
- Today Microsoft wants to buy Skype for $8.5B
- In November 2007 the idiot Meg Whitman wrote off $900M saying they had paid Skype too much. This stupid fake and idiot write-off resulted in Ebay posting its first losses ever. EBAY shares lost 17% of their values in a few days.
- Even worse, in September 2009 the super idiot John Donahoe valued Skype $2.75 billion and he sold 65% of it to various investors among which Marc Andersen.
Risky bet on Ren Ren right after IPO. The Chinese Facebook is already on a rollercoster. May 6, 2011
Posted by deminvest in China stock, RENN, Renren.Tags: IPO
add a comment
This is how I just gambled $ 972 on a crazy IPO on Ren Ren, a young company which supposedly should be the Chinese Facebook:
Symbol RENN Quantity 50 Shares
Date of Order0 5/04/2011 Time of Order 12:54 PM
Executed Price $19.33 Commission $4.95
Total for this Execution $-971.45
I did it this crazy bet for several reasons:
- Creative Maths… If Baidu : Google = RenRen : Facebook , then $51B : $173B = x : $50B and x = $14.7B. If Renren reaches a Market Cap of $ 14 B, it means the stock has gone 10 times up (more…)
Buy what China wants… I’m buying Potash (POT) because my guess is: China wants food! December 6, 2010
Posted by deminvest in POT, Potash.Tags: DE, Deere & Company, John Deere
add a comment
Potash mine
This is how I ended up on Potash (POT):
- At first I looked at tractors. John Deere looked like a nice bet. They just raised their dividends and it yields nice
- Then I did wonder… do Chinese want John Deere Tractors? Not only I found out they don’t. I even discovered many American farmers are turning to Jimna Chinese junk. Jimna tractors are less expensive. I see John Deer in some potential competition trouble. I also fond out John Dere has debts equal to a yer worth of sales. So I decided to loo further.
- As I usually do when I want to invest in a certain industry, I looked how ETFs are composed. I found MOO Agriculture ETF. P0tash (POT) is their first holding, second is John Deere. Potash composes 10% of MOO ETF. (more…)
Macdonalds up 40%: time to sell 15 MCD shares and keep 5 as free stock December 6, 2010
Posted by deminvest in investment, investment strategies, Mac Donalds, MCD, my free stock.2 comments
5 minutes a go I sold 15 MCD shares at USD 79.7 each. I made a total amount of $1195. It is a bit more than the $1111 I had spend on Apr 20, 2009 when I bought 20 MCD McDonald’s Corporation shares at $ 55.35 each.
I am now an happy owner of 5 free MCD shares.
Etrade sucks: international customers are charged double commissions! A ripoff that isn’t written anywhere on their website. I will transfer my Etrade account. October 19, 2010
Posted by deminvest in investment, investment strategies.Tags: commissions, etrade, ripoff, sucks
1 comment so far
One Way to go is AWAY FROM Etrade: Etrade is the only online broker that charges international customers DOUBLE COMMISSIONS ($19.99)
It is official: Etrade lies on their commissions. On http://www.etrade.com they say commissions is $9.99. They don’t say anything about double commissions ($19.99) for international customers for the same trades that cost US customers $9.99 This is the official statement by Etrade staff of their ripoff:
Sent: 10/18/2010 04:18 PM
Subject: Trading & Investing
Topic: Trade Inquiry
Account: XXXX-8555
Reference Number: 1217999Message: Dear Customer,
Thank you for your message regarding commission fee.
This commission fee schedule applies to your account.
E*TRADE Securities Trading Fees and Commissions
International Customers (non-US customers on the US-International Site):
1.)All stock orders of 2000 or fewer shares (in linked accounts)
$19.99
(more…)
Does Etrade lie when they promise $9.99 on their homepage? Is Etrade’s real commission $19.99? Why did they charge me such outrageous fee? October 18, 2010
Posted by deminvest in investment.Tags: etrade
2 comments
fake transparent showcase for a company that lies to its customers
Something strange in the neighborhood. On Etrade website, they advertise $9.99 flat commission for stock trades. Unfortunately they charged me twice as much on this simple buy order:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Hit my up 40% mark on CEO CNOOC LIMITED. Sold 5 to keep 2 free shares October 8, 2010
Posted by deminvest in investment.2 comments
Yet another stocks switched to the free side!
Bought 30 HMIN shares (Chinese Home Inns and Hotels Management) on September 30 October 6, 2010
Posted by deminvest in China stock, HMIN, HOT, investment strategies, MAR.Tags: hotels, lodging
8 comments
After exchanging a few ideas with Andrew about which kind of risk I like to take, I decided to actually take risk for my September stock pick.
Chinese growing business community will need to travel and sleep out. So I chose HMIN, a large chain of economy hotels in China. This was my order on Etrade:
Thu Sep 30 11:55:36 2010 Buy 30 HMIN Executed @ $49.13
not very inviting Hotel by our standards, probably extremely cheap
What made me chose this hotel chain are its good growth numbers:
Qtrly Revenue Growth (yoy): 25.70%
Qtrly Earnings Growth (yoy): 35.30%
Redhat up 47%. Time to make it a free stock September 8, 2010
Posted by deminvest in growth stock, investment, my free stock, Nasdaq stock, REDHAT, RHT, stock I own.Tags: etrade
11 comments
It took 10 years, but eventually I got there. My 222 RHAT shares are 46.9% up! I just placed this interesting order on ETRADE 5 minutes ago:
My July and August stock picks: GOOGLE and GOOGLE August 1, 2010
Posted by deminvest in goog, Google, growth stock, nasdaq, Nasdaq stock, stock I own, stocks.add a comment
With Google under $500, I am summing up my July and August $1500 stock buys. So I’m investing $3000 on Google
| Market | NASDAQ-USA |
| Quantity | 6,00 |
| Price | 493,77000 |
| Currency | USD |
| EUR-USD exchange rate | 1,30160 |
| Rateo lordo | 0,00 USD |
| Ritenuta rateo | 0,00 USD |
| Commissions | 19,00 USD |
| Total | 2.981,62 USD |
