Archive for October, 2007

Google breaks 700!

Google continues to climb higher and has broken the ‘magic’ $700 price point. Some analysts are already calling for it to hit 815 sometime in 2008. I wish I had never gotten out of the stock at $480, but I did get back into it at 631.58 which puts me up just over 10% as of today in under two weeks. Can’t complain about that now can I?

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Don’t miss your chance at $50

There are just over two weeks left in the contest that I’m running. I already have lots of entries, so don’t miss your chance to win! You can see the contest details by clicking here. Good luck!

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Fox launches new business channel

Fox has launched their new TV channel, Fox Business with the corresponding website FoxBusiness.com. Unfortunately my cable provider, Cox, isn’t carrying it…

The website however is beautiful. Very nice colors and layout; very modern and not cluttered. Of course they have a personal finance section as well as the other usual business news related sections.

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Holy cow, what a day for stocks

The market really skyrocketed today and I surely reaped the rewards of it. Just a few days ago I almost did a post about a 40% gain I have. Well, that 40% stock is now a whopping 60% stock. Obviously a big winner like this doesn’t come along everyday, but it sure does feel good when you finally own one!

What is even more interesting is should I buy some more or completely cash out. Well, if you read my post titled The lazy way to protect your stock gains, then you will know my strategy for exiting a particular holding. However, this particular stock had an incredible quarter and the downturn in the market seems to be turning back around into a bull market quicker than expected. So, should I buy more shares? I think I might. I probably won’t see another 60% run in it, but I wouldn’t be surprised to see another good 10%-15% in it, and that range is what I’m looking for in any holding, on average.

Oh, what stock am I talking about? Reasearch In Motion (RIMM). I bought it at 71.67 on July 9th and it is now at 113.37, which technically is 58.18%.

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ProBloggers Birthday Bash giveaway

ProBlogger is giving away TWO of the brand new 20″ LG monitors that use the new DisplayLink technology and are USB powered. The entry is pretty simple, just go to their post and read the directions, but all you really have to do is blog about it and then leave a comment with the link of your URL. Blogging doesn’t get any better than on a nice set of beauties like these.

It can’t be more simple than that. You have until 8am Friday EST, so get your post up!

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Social investing site Covestor gets $100 million

That is quite an investment for any site. Covestor is a social networking site that caters to investors that want to show what they are made of. What is really cool is that eventually you might get paid if you are good enough. The site plans on selling the data that is gathered from all of the investors to other companies and allow the superstar investors to either profit or give their information out for free.

Pretty interesting to say the least. If you are into investing it might be worth a look.

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