IPOs on Deck: Rosetta Stone (RST) and Bridgepoint Education (BPI)
The U.S. IPO market is pretty much dried up. In 2008, a total of 43 companies went public, only 8 in the second half of the year, according to a report from Renaissance Capital, as the crisis in the financial market forced companies abandon plans to go public. So far in 2009, only 2 initial [...]
Zecco Introduced New Services
I haven’t used Zecco for a long time, especially after they introduced the new pricing structure , which requires $25,000 account minimum or 25 trades every month in order to get 10 commission free trades per month, early this year. All my recent trades were done with Scottrade, using free trades I neared from the [...]
Individual Country ETF First Quarter Performances
The first quarter of 2009 is in the books. Thanks to the strong rally in the second half of March, the U.S. stock market ended the month on the positive note, even though it wasn’t enough the pull the market out of the red for the quarter. For the quarter, the S&P 500 Index lost [...]
Is S&P 500 Recent Rally Real?
Last weekend, I shared a video from INO which examined the rally of the Dow Jones Industrial Average occurred in the past couple of weeks and concluded that it was just a temporary bounce in a down market.
This week, INO released another educational video for its take on the recent gains of the S&P 500, [...]
Benjamin Graham’s Three Principles of Value Investing
Have you read The Intelligent Investor and Security Analysis by Benjamin Graham? These two books are considered as must read for value investing, but they are all pretty heavy books, especially the Security Analysis. If you just want to grab the essentials of the books, then there’s on article on Forbes about Graham’s three timeless [...]
Citi Reverse Stock Split: Is It Good for the Stock?
This is a comment left by nt on my post on Citi stock purchase:
I heard that citi group is reverse splitting the shares. Is this good for the investors?
Before talking about what a reverse stock split is, here’s a story of one stock I used to own which did a reverse stock split in the [...]
Is This Rally Real?
Since closing at 6,547.05 on March 9th, the Dow Jones Industrial Average gained back more than 11% in the past 9 trading sessions to recoup some of the losses. The rally was partly fueled by financial stocks after two of the nation’s three largest banks, Bank of America (BAC) and Citigroup (C), made bullish comments [...]
Stocks I Bought Recently
I mentioned early this month that I bought 600 shares of Citigroup (C) on the day when the stock was traded below $1 for the first time ever. From where the stock is traded now (it closed at $3.08/share on March 18, 2009), it seems that my bet is a good one, even though I [...]
Firstrade Offers $10 Gift Card and Chance to Win a iPod Neno When Joining Its Online Community
Firstrade, one of the popular discount online brokers, is offering incentives to people who join and participate in their newly launched online community, The Investor Network.
Details of incentives being offered are as the following:
Firstrade is very pleased to announce the launch of a promotion on The Investor Network. We’ll be giving an Apple iPod Nano [...]
China ETFs
The economic crisis around world has put China under the spotlight. The world’s third largest economy, who also holds nearly $2 trillion in foreign exchange reserve, has started to use its nearly $600 stimulus package to revive its economy, building highways and railroads, investing in educations, and improving social welfare. While banks in the U.S. [...]
