SAIC Is Soaring
SAIC went public a few weeks ago, and I purchsed the stock at $18. Last week the stock jumped to almost $20. I sold a majority of my holding at $19.50. I made $1.50 per share, which is about 8.33%. Not too shabby for a two-week investment. My gains allowed me to buy a new [...]
Business Money Market with Checking
I’m looking for an all-in-one account for my business, where it has high-yielding money-market rate and allows a few check writing with free ACH withdrawals. I currently have a HSBC Free Business Checking account, but it earns no interest. With interest rates so high these days, I’m losing out on quite some money. I would [...]
Opened a 6% 13-Month CD
I opened a 6% 13-month CD with Washington Mutual on 8/31/06. It seems to be one of the highest yielding CDs out there, even ’til today.
Q&A: What To Do With 20K Bonus?
A question from “What to do with 1K, 5K, or 10K of savings and in your twenties?”
Anonymous asked:
So i’ve got 20k from a recent bonus, and won’t need to touch it for about 10 months. After that I might use it for a down payment on an apartment. My money is currently sitting in [...]
Blogger Update
I haven’t updated much recently because I’ve been busy with work and closely monitoring the stock market. I have done a lot of short-term trading lately, and I’ve been making some nice profits. I still hold some long-term investments, but I want to spice up my portfolio so I mixed it with some short term [...]
Is Sony (SNE) a buy?
I read an article in BusinessWeek on Sony. Sony is banking most of its money on its Blu-Ray technology. Their main competitor is Toshiba’s HD-DVD. Blu-Ray can hold 25GB on a single layer and 50GB on a dual-layer disc. Music and film industries are pushing for Blu-Ray technology, because Blu-Ray DVDs have larger storage capacity [...]
Is Yahoo a Buy?
Yahoo is hitting not just a 52 week low, but a 104 week low.
http://finance.yahoo.com/q/bc?s=YHOO&t=2y&l=on&z=m&q=l&c=
The fundamental looks great at this point.
Profit Margin (ttm): 21.11%
Return on Equity (ttm): 15.40%
Revenue (ttm): 5.97B
Revenue Per Share (ttm): 4.233
Total Cash (mrq): 2.69B
Total Cash Per Share (mrq): 1.947
% Held by Insiders: 10.25%
The insides have a 10% stake in the company, which is [...]
SAIC Goes Public
My company went public recently and started trading in the secondary market on Friday, October 13. I purchased shares at $18.
The IPO was for $15, but was traded up to $17 in the primary market. The stock opened at $17 in the market on Friday morning and closed at $18.18.
SAIC provides scientific, engineering and technical [...]
TD Ameritrade’s Terrible Customer Service
I am interested in purchasing an IPO and I went to sign up for the IPO service with TD Ameritrade. There are many pages detailing the risk involved. I went through all of them and was prompted by three questions. Basically the questions asked to prove that I’m not a restricted person holding a beneficial [...]
Recent Comments