Archive for October, 2010

I bought an Android phone, the Sony Ericsson Xperia X10 mini pro (could they make the name even longer), although the phone has a few minor glitches, I like it, but the problem is that it doesn't have the one feature that Blackberry is, which is the...

SIRI is up almost 10 cents since I wrote about it a week ago, does that mean that people have started to recognize that this stock is way undervalued? The stock has a very good momentum currently (although it is still suffering from this stupid 1 penny...

October 28, 2010 | In: Energy

HAL, BP, RIG and the Blame Game

Of course we all know about the blame circus that happened after the rig explosion in the Gulf of Mexico. The government blamed BP, BP blamed Transocean (and everyone else), and, of course, Transocean blamed BP. BP and RIG fell to a low of $26.75 and...

October 25, 2010 | In: Financial

Citigroup Is Set to Jump Today

C closed Friday at $4.11, it is currently trading at $4.24 in the pre-market, up 3%. Why is that? Apparently investors are sensing that the Citigroup is one of the very few financial institutions that is shielded by the treasury, for reasons that may only...

October 22, 2010 | In: Services

Is SIRI Undervalued?

I had a chat with a friend yesterday, and he was telling me that almost every new (half-decent) car now comes with a Sirius satellite radio and a free year, that most people renew. I was thinking, probably this company is losing money at the moment, but...

October 22, 2010 | In: Financial

AIB, the Next AIG?

I keep watching AIB's stock every day, I don't know why this stock in particular interests me. I have warned against buying it a couple of times, and it dropped almost 50% since the previous warning. Now at the current pricing of $1.13, a drop of 1 cent...

October 20, 2010 | In: Financial

BAC: Is There an End in Sight?

Every time I buy BAC I regret it later on, even though I vowed many times not to buy this stock, I still buy it thinking that it's undervalued, and I still believe that it's undervalued, but obviously the market doesn't. BAC is now trading at $11.59 in...

Yesterday, Apple reported a 70% surge in their profit, yet they failed to meet the analysts' estimates, AAPL shares, of course, fell 5.2% in pre-market trading, yet it seems now that the stock is now going up (the loss is narrowed at the moment to 2.73%,...

October 18, 2010 | In: Financial

Revisting AIB

I wasn't right about many stocks, including GOOG and RIMM, but I was right about one stock, AIB. This stock was over $2 just a month ago, and now it dropped to $1.18, its trading is now more or less like SIRI (which is a bugs bunny stock). AIB is now...

October 18, 2010 | In: Financial

Citigroup: A Resilient Stock

Every day there are some bad news coming about banks: foreclosures, new regulations, etc... Of course, bank stocks are hugely affected by these bad news, there is one bank stock that is resiliently moving up: C. I love C, I always feel depressed if I...

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