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New Oriental Education (EDU) IPO

New Oriental Education (EDU) will be the latest Chinese stock to be listed on the big board. According to, EDU will offer 7.5 million American Depositary Shares (ADS) at a range of $11-$13 and the stock will start to trade on Wednesday, September 6. EDU’s main business is test preparation. As tens of thousands […]

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Loaded More Nortel Shares

I bought another 320 shares of Nortel Network, at $1.99, with some dividend money accumulated in my Scottrade account. This brings the totoal number of shares I owned to 2720. Since early 2002, I have been on and off with NT several times and when I first bought NT in 2002, the shares were traded […]

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Stock Market’s Roller-Coaster Ride

Though there is one more trading day left for the month of July, the stock market was nothing but volatile. For the past twenty sessions, the Dow has seen triple digits gain/loss 7 times (7th, 12th, 13th, 14th, 19th, 24th, and 28th)! Yet, despite the huge ups and downs, we are not too far away […]

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