Posted in Investing on Jan 31st, 2008 No Comments »
E*Trade is on the move again, this time because several insiders have picked up nearly $2 Million worth of stock in the beaten down company in the last week. The insiders bought on the open market the first day they were allowed to after an earnings blackout period insiders must abide by.
On Thursday, E*Trade rose [...]
Posted in Economy on Jan 30th, 2008 No Comments »
Chairman of the Federal Reserve, Ben Bernanke, has announced a further 50 basis point cut in the Fed Funds rate bringing it down to 3%. This cut is the second cut in 8 days and brings the total of recent cuts to 1.25%.
I think Bernanke has changed his position on a lot of things since [...]
Posted in Internet on Jan 30th, 2008 1 Comment »
Ebay has once and for all destroyed their business model by rearranging their fee structure charged to sellers. Ebay is promoting the fact that they are reducing up-front listing fees - very, very slightly I might add.
Ebay has long been criticized for taking too much of the final value of a sold auction item, but [...]
Posted in Entertainment on Jan 29th, 2008 No Comments »
This unfortunate photo was snapped showing Hillary Clinton greeting Edward Kennedy while Barack Obama turns away. Obama is saying he wasn’t turning his back on Clinton, but the photog’s timing couldn’t have been better to fuel a debate that will rage for days. It shows great class for Clinton to meet with Kennedy despite his [...]
Posted in Blogging, Making Money on Jan 29th, 2008 No Comments »
One of the thing that many web publishers struggle with is monetization of every visitor to visit their blog or website. For many, the only option has been pay per click ads which only reward the publisher when a visitor actually clicks the advertisement. There are CPM (cost per thousand) advertising programs out there that [...]
Posted in Economy on Jan 29th, 2008 No Comments »
It’s interesting how the majority of analysts are predicting the Federal Reserve to cut rates by 50 basis points on Wednesday January 30, 2008. I’m not sure if there will even be a rate cut, let alone a 50 basis point cut after the Fed’s emergency 75 basis point cut from last week.
Durable goods orders [...]
Posted in Entertainment on Jan 28th, 2008 1 Comment »
The 13 year old, Morgan Pozgar, who won a cell phone text messaging championship in New York has declared she will spend her $25,000 to “go shopping and buy lots of clothes.”
Way to go Morgan for helping the economy by throwing away her money on clothing that she will outgrow in a year. I’m surprised [...]
Posted in Quixtar/TEAM on Jan 28th, 2008 1 Comment »
Quixtar posted its first message since November on its Media Blog and it has discussed something we already know. Mainly that Quixtar and TEAM are in arbitration and nobody is talking about it and most likely never will because the terms of the arbitration will most likely be kept confidential.
Instead of Quixtar just moving past [...]
Posted in Investing on Jan 24th, 2008 1 Comment »
I recommended looking into Countrywide Financial and E*Trade in a post back on January 9th and since then Countrywide made a 70% profit on the day their sale to Bank of America was announced and now E*Trade is up more than 60% since then.
Smart plays in the mortgage and financial sector can be very rewarding [...]
Posted in Investing on Jan 24th, 2008 1 Comment »
RF Micro Devices has been beaten down horribly during the last month, falling from over $5 per share to $3. The drop is attributed to warnings of slowing growth potential because of the possibility of a global recession and less demand for the company’s specialty radio frequency parts.
RF Micro is announcing earnings on Jan. 31 [...]
