Seems like everything was on hold yesterday except for the Facebook stock price gyrations. In the end it eked out a measly 23 cents over its IPO price of $38 and that with some grand assistance from its underwriters and backers. That assistance was so obvious, specially towards the end of the trading session. You — Continue reading »
Amazon's Ridiculous P/E
📆 May 9, 2012
Yeah I know, P/E ratio is so old school but as I read the post below I was blown away by how ridiculous Amazon's P/E ratio of 184 actually is. For a quick verification I went down a list of stocks I follow and none even came close to that figure. Even Priceline with its — Continue reading »
Amazon, Target, and Showrooming
📆 May 6, 2012
Last week came the news that Target stores will no longer carry Amazon's Kindle readers. The bold move was basically a retaliatory reaction by Target to what is known as showrooming. Showrooming is how Amazon encourages its users to visit various physical stores, check out or even try out various merchandize and then go back — Continue reading »
Dying to Run
📆 April 27, 2012
Last weekend brought the sad news of a young woman dying just short of the finish line of the London marathon. She was running for a good cause - suicide prevention - at had collected about $700 then, now standing at over $1 million with the outpouring of support from people. There are some who — Continue reading »
Gmail Storage Jumps to 10G
📆 April 25, 2012
Today I noticed my Gmail storage had jumped form 7.5G to 10G. Maybe it's Google's way of compensating for the new ugly design. I suspect in most cases users didn't even notice the change and for even more users like me, who try to keep their account clean, this is really not much of an — Continue reading »
Gmail Forces New Look
📆 April 23, 2012
The good times are over and the ugly Gmail era has dawned. Google finally made good on the threat of making the new look permanent. Over the weekend my Gmail style switched to the new ugliness and there was no longer an option available to revert to the old look as before. I can whine — Continue reading »
Speculators of Futures
📆 April 22, 2012
There's little doubt that speculators, specifically commodity players, have a huge hand in the price swings of the items we use every day. The below article link suggests that as much of a quarter of the price of gasoline is due to speculators driving up the price of oil. That's not so hard to believe. While — Continue reading »
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