December 21, 2010 | In: Energy
One of the few stocks that I really love is RIG. I was checking it today to see if it's at a "buy" price. The price was $69.71, which I feel is an attractive price, but not that attractive. However, when you look at RIG's P/E (9.06), the current stock...
There are many Chinese Stocks listed in the US market nowadays. In fact, there are too many! Investors, especially day traders, apparently make a decent amount of money with these stocks, usually betting on an upward trend.
But, we all know that the...
Financials in general did not do well in the second half of 2010, plagued by regulations, rumors, and world riots. Not to mention, of course, that the largest banks are still losing money. One financial company though is making money, has been somehow...
I have watched both YOKU and DANG stocks in the past week, when they started trading last Wednesday. In 3 trading days, YOKU was up over 42% (at one point on Friday, YOKU touched $50 and thus was up almost 100%, I feel sad for those who bought at this...
BAC continued its rebound today, up 65 cents (or 5.42%) from yesterday's closing. BAC reached a high of $12.69. What's interesting today is that BAC broke through 2 resistances, the $12.06 resistance (tested 6 times) and the $12.36 resistance (tested 3...
I "reported" before the market open that SIRI jumped considerably in the pre-market. Well at that time I didn't know why, but now I do. It's because of this. Yes, Howard Stern, in all his magnificence, decided to stay with Sirius XM radio.
I have a few...
BAC and SIRI are way up in the pre-market.
BAC is currently up 22 cents (or 1.83%), trading at $12.22 in the pre-market, and SIRI is up 9 cents (or 7.22%), trading at $1.41 in the pre-market. I could've sworn that I saw SIRI trading at $1.48 at one...
Bank of America (BAC) closed today at the $12 level. This is, in my opinion, a very important psychological turn in the trend of the stock, which, until this very moment, is still bearish. However, as I stated earlier today, closing at this level can make...
I bought some HOD's at $8.23 a piece last week. I thought it was a good price, until, of course, GS thought otherwise. As you may probably know, oil broke the $90 level in the span of a few days, thanks to GS's prediction of oil hitting $110 next year,...
Apparently, BAC is now rebounding, and is has broken the huge resistance located at the $12 level a few minutes ago. On a rather slow day, BAC is now up 44 cents (at $12.01), or nearly 4%.
To put things into perspective, let's compare it to other...