Quick news – September 23 2010

By: ispeculatornew
Date posted: 09.23.2010 (3:30 pm) | Write a Comment  (2 Comments)

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Tech news: (concern the stocks we follow)

Apple (AAPL) became the 2nd most valuable company in the world passing Petrochina
Amazon’s (AMZN) Kindle store now has over 700,000 books
Piper Jafray estimates that Apple (AAPL) will sell 21 million Ipad’s in 2011
Forbes released its list of richest persons and Facebook’s Mark Zuckerberg came ahead of Apple’s (AAPL) Steve Jobs

Best return:     Baidu (BIDU) +3,51%

Worst return:      Monster WorldWide (MWW) -2,37%

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2 Comments

  1. Comment by nate — September 23, 2010 @ 10:43 pm

    It seems strange for you to list Monster as ‘worst return’ in this Quick News — aren’t you actually short Monster? [and, come to think of it, weren’t you previously short Baidu?]

    What I mean to say is, perhaps in these ‘best return’/’worst return’ posts, you should indicate whether you are long or short for particular securities, so that readers have context on whether this reflects good or bad news for your trade calls.

  2. Comment by IS — September 24, 2010 @ 3:30 am

    @nate – Thank you very much for your comment. Maybe I’m not clear enough in those posts and should clarify in the future. What the “Best Return” and “Worst Return” represent are simply the best/worst performing stocks in the market for that day (among the stocks we follow), it’s not a trade return. As for our positions, they are listed at the top right corner of the blog. Do you consider that I should specify more? Thanks again

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