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INTRALASE CORP. (NasdaqNM:ILSE) |
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Written by Administrator
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Thursday, 10 November 2005 |
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I may have made one of the stupidest moves on my investing career, although based on the possible reward I am somehow justifying it in my head. I know I've been saying GE should be at $35.50, I still stand by it, but I've also been watching one stock over the past couple of months, which if you can't tell by the header... Is Intralase. After watching how GE was trending today I predicted it would go up to $34.20, I sad idly by as it came back up from $33.90 and it hit my limit trigger. (note I originally picked up GE at $33.09) |
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Funny Money: Earnings, Fraud and 'Bud Pong' |
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Written by Administrator
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Thursday, 10 November 2005 |
Came upon an interesting article on TheStreet.com
What I mainly got a kick out of was the following considering I've worked in the past for an AB distributor and also have about 5% of my portfolio in their stock.
Bar Games and War Games
Anheuser-Busch ended its "Bud Pong" promotion when executives found out it was being played improperly. Apparently, people were gasp! using beer, not water! The horror! The shock! An Anheuser-Busch representative said: "Bud Pong doesn't drunk people, people drunk people." (The company then announced plans to sell bongs for tobacco smoking and crack pipes as flower pots).
On a related note, a new Chinese vodka promises to eliminate hangovers. The beverage, Han, claims that Americans should keep drinking and partying so they don't even notice China taking over the world.
Meanwhile, Google is opening sites in Europe. The company wants to study Germany's tactics for world domination so that it doesn't make the same mistakes. |
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Last Updated ( Thursday, 10 November 2005 )
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CIMAREX ENERGY CO (NYSE:XEC) |
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Written by Administrator
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Monday, 12 April 2004 |
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I originally began watching this company back in mid April, it was in the process of buying Magnum Hunter resource for about 2.1 Billion. Like in most acquisitions the buying stock took a hit in valuation, giving you a good opportunity to jump in. I got in at $36.20 wand sat idly by as the stock dipped down to $35, but I was still confident in my buy, the stock was still cheap and is again now. I sold my shares at $45.75 with no regrets, and as oil prices dipped many companies took a big hit. |
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Last Updated ( Thursday, 10 November 2005 )
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