Friday, July 10, 2009
I moved from Cray computers into Tata
I sold my Cray stock and bought a some Tata. Nano has been getting hammered in the stock market with bad news report after bad news report. In the the next year, they will come out with the redesigned Jaguars and Landrovers. They also will launch the brand new Tata Nano line of super affordable cars. Buying into a company that has lost about 30 percent of its market value over the last two months is probably a terrible risk, but I am trying to bet on volatility. So far I've lost 9 percent on my Tata investment, but even if the stock price doesn't improve, dividend will pay current losses over two years, and cover the total cost of purchase over the long term if I'm willing and able to stay in it for the long haul.
Tuesday, June 30, 2009
Summer has been good.
My parents gave us a car and we were able to pass along the upgrade. I've been getting a lot of rest after a long year. Had a great time at Bigman's party. Plunked him twice in a game of die.
Cray has performed well, and I'm moving on to falling in love with Tata TTM. They pay a big dividend (they give you cash for owning their stock), the family also owns their own steel, they are building a car for the worlds largest consumer market (people who would love a new car, but can't afford a used one). On the negative side,while I was in love at first sight with the Nano, the American market seem to think of such a tiny car as a death trap, they have seen labor strife shut down new factories, but they have one of the largest labor pools in the world. I also may be the only person in America to buy what many see as a potential death trap of a tiny vehicle on the roads with so many SUVs. The company also has huge debt from buying a couple of luxury car lines.
I bought TTM today at 8.35.
Cray has performed well, and I'm moving on to falling in love with Tata TTM. They pay a big dividend (they give you cash for owning their stock), the family also owns their own steel, they are building a car for the worlds largest consumer market (people who would love a new car, but can't afford a used one). On the negative side,while I was in love at first sight with the Nano, the American market seem to think of such a tiny car as a death trap, they have seen labor strife shut down new factories, but they have one of the largest labor pools in the world. I also may be the only person in America to buy what many see as a potential death trap of a tiny vehicle on the roads with so many SUVs. The company also has huge debt from buying a couple of luxury car lines.
I bought TTM today at 8.35.
Friday, June 19, 2009
Summer really starts in three more days.
We have three school days left.
"No more pencils, no more books.."
"No more pencils, no more books.."
Thursday, June 4, 2009
I've caught the stock market bug.
With the first 300 dollars in the account, I placed a bet on Cray Computers. From what I could understand of the charts and news it was a comparative good bet. Then again, they were the first set of financial charts I have ever tried to read.* The company reported they partnered with someone big to get into the blade server business. It seems like decades ago the Cray used to be a prestigious name in super computers, or at least that's what I remember from the Net Trek days.
It was like hitting blackjack on my first hand. I felt like running around the casino and hitting every table. I've already invested another couple of thousand for a sadly few number of shares of various techs. I spend at least an hour a day reading charts of companies I've already invested in looking for good news. Am I a decade late on the dream of day trading for a living?
* I did work in investment firms for five years. In my defense, compliance work made trading stocks disadvantageous.
It was like hitting blackjack on my first hand. I felt like running around the casino and hitting every table. I've already invested another couple of thousand for a sadly few number of shares of various techs. I spend at least an hour a day reading charts of companies I've already invested in looking for good news. Am I a decade late on the dream of day trading for a living?
* I did work in investment firms for five years. In my defense, compliance work made trading stocks disadvantageous.
Friday, May 29, 2009
So many updates to make...
1. Having a baby. Picking if it's a boy, the name is still up for grabs. Brian is currently in the lead after the semi-mythical king of Ireland from whom my grandfather claimed lineage.
2. Finally opened an etrade account. Bought some Cray.
3. Going to see Willie Nelson and Dave Matthew's Band tonight at Fenway.
4. Built some new stuff into the house.
2. Finally opened an etrade account. Bought some Cray.
3. Going to see Willie Nelson and Dave Matthew's Band tonight at Fenway.
4. Built some new stuff into the house.
Wednesday, April 29, 2009
Back from the flu
Vacation was scheduled last week. I got hit with the flu Monday through Wednesday. I was miserable, right in the middle of me complaining about the flu, swine flu came and stole my thunder.
Tuesday was so beautiful, I ditched after-school for the first time in a long time in order worked on the outdoor kitchen. We have three out of six apple trees that look like they are going to produce a couple of apples this year, as well as the new cherry, pear, and plum trees. All trees look healthy despite their cramped living conditions. I've been leaving my seedlings outside for the past two weeks, and they have miraculously turned the corner into viable plants. We planted the asparagus, potatoes white grapes for the first time this year and I even found some cranberries thriving where I had long since given them up for dead. Now I feel like I'm name dropping vegetables.
Tuesday was so beautiful, I ditched after-school for the first time in a long time in order worked on the outdoor kitchen. We have three out of six apple trees that look like they are going to produce a couple of apples this year, as well as the new cherry, pear, and plum trees. All trees look healthy despite their cramped living conditions. I've been leaving my seedlings outside for the past two weeks, and they have miraculously turned the corner into viable plants. We planted the asparagus, potatoes white grapes for the first time this year and I even found some cranberries thriving where I had long since given them up for dead. Now I feel like I'm name dropping vegetables.
Friday, March 13, 2009
Father of two marries 17-year-old because his five-year-old told him to
http://www.cnn.com/2009/CRIME/03/12/haleigh.father.married/index.html
Really! That's his excuse. My five-year-old told me to marry a seventeen-year-old girl. I think he should be forced to follow through on every crazy idea his kid says from now on.
Really! That's his excuse. My five-year-old told me to marry a seventeen-year-old girl. I think he should be forced to follow through on every crazy idea his kid says from now on.
Subscribe to:
Posts (Atom)