Stock lessons: IPOs

Reading Time: < 1 minute First let’s mark Oct 14 2009: Dow 10,000 2.0 (Yahoo Tech-ticker video below) (did you notice the Yahoo ~~~ in the end, Yahoo became more goofy under Carol) My topic today is IPO. I have not got much luck from IPO investing (to be more precise, speculating). My lessons are the following:

Stock lessons 2009: buy high, sell low

Reading Time: 2 minutes That’s exactly how I did with Shanda Games (Nasdaq:GAME) IPO today. Shanda is not new to me. I lost money on this one three years ago (see my old stock lesson here). I am not bitter about losing money either. Because after about 5 (6) years in US stock market, especially the roller coaster ride… Continue reading Stock lessons 2009: buy high, sell low

Old horses in China Online Game

Reading Time: 2 minutes (Update Nov 20) Grus had a good post on trader818 explaining the online games and its competitive nature. So I can shut up. (Original) I have traded the three old horsemen among Chinese online game companies 2 years ago(unfortunately, lost money on all three): Shanda (SNDA), NetEase (NTES) and the9 (NCTY). I paid attention to… Continue reading Old horses in China Online Game