By stlplace on Aug 19, 2008 in Strategy | 0 Comments
Original link here. Some discussions at trader1688. I don’t know even if Warren can come back from this one. Just like in soccer, when you are 0:10 and have 10 minutes left, basically even Maradona (wiki: Diego Maradona) can not help. That’s why we don’t want to “all in” (in this case, use margin) […]
By stlplace on Aug 19, 2008 in Beijing Olympics, Shanghai Composite | 0 Comments
Obviously when Chinese track star Liu Xiang quit the race due to heel injury, we are all disappointed. Not only the fact he could not get a “face saving” gold medal, and he is China’s only hope on track and field (at least from men side); but also the fact we did not know how […]
By stlplace on Aug 16, 2008 in IPO | 0 Comments
(Spreadtrum A/R and inventory from 4Q 06 to 2Q 08, click to enlarge)
As shown in the picture above, their A/R (account receivable) jumped from $1.4 m on Mar 31 to 17.4 m June 30; inventory did not reduced much. This is also evident from its reduced cash postion. Read more details from its earning release […]
By stlplace on Aug 15, 2008 in Beijing Olympics | 0 Comments
For US audience of Beijing Olympics, NBC (including CNBC, MSNBC, USA, Telemundo and Oxygen) is the only place for extensive coverage, because the exclusive broadcast deal between NBC and IOC. While NBC did unprecedent largely positive coverage of this event, Beijing and China, I can still felt the “colored glass” of some of the comments […]
By stlplace on Aug 13, 2008 in IPO | 0 Comments
I felt lucky I did sell some Spreadtrum (Nasdaq:SPRD) shares a short while ago when it exceeded $6 (a quick pop). But I don’t know why I bought some back couple days ago at $4.48. I did not bet on earning these days, but this one had dropped quite a bit from the pop, and […]
By stlplace on Aug 13, 2008 in mobile phone | 0 Comments
Players: foreign investment bankers, Chinese goverment
The motivation of Foreign investment bankers: pump and dump, make money from the warrants (options) in Hongkong market.
Chinese goverment
Goverment usually does not know economy or business, just look at Bush admin you will know. In China goverment plays two roles in telecom revamp: as regulator and as majority owner. […]
By stlplace on Aug 12, 2008 in Beijing Olympics | 0 Comments
his crew. The opening ceremony beat many people’s expectation. Yesterday and Today I have heard two coworkers walked over to my office and congratulating me. I think we should thank Zhang Yi Mou and his crew instead, in addition to people who provide the $300 million budget
(Courtsy of Yu Pei, blog)
This may not […]
By stlplace on Aug 9, 2008 in Beijing Olympics | 0 Comments
Let me borrow the ad slogan from Li Ning’s apparel and shoes company: anything is possible. His performance in sky demonstrated this idea very well. So as the opening ceremony, I think it blew away a lot of people’s expectations. So congrats to Mr. Zhang Yimou and each of 15,000 performers, and their families, for […]
By stlplace on Aug 8, 2008 in Beijing Olympics, Shanghai Composite | 0 Comments
Beijing Olympics offically started just couple hours ago. Thanks to NBC pursuit of rating and advertising dollars, US auduiences won’t see live broadcast of the opening ceremony. A video playback will be shown tonight at 6:30 PM at local NBC channel (KSDK channel 5 in the case of St. Louis). It will last 4.5 hrs.
Sadly […]
By stlplace on Aug 7, 2008 in Beijing Olympics, Shanghai Composite | 0 Comments
Couple days ago I suggested the China stock market could have a relief rally after Olympics, when the party is over without major glitches. I still belive Beijing Olympics will turn out to be ok, amid so much worries from human rights protests to security threats. I also believe Chinese economy will not stand still […]