It has been a great year, but one of worst investments ever in terms of laziness, greed and stupidity has slapped me in the face again – Cars Direct (INET). I have written about my dumb investment often and their recent IPO provides a fitting ending to the absurdity and waste of money. It also …
Tagged: IPOs
Lucky for us the Market is Efficient (wink!)
Random walk…bunk. Efficient markets…bunk squared… Chaos…YES…with a dash of occasional Rationality So Alibaba debuted in the casino of a market they call China. The particluars of this financial screw job are here on Bloomberg (not that it is not an important internet business). Alibaba is the perfect example of why you can own the best …
IPO's and BUll Markets…Explosive
There is no better hunting ground for homeruns in a bull market than IPO’s. The reverse is true as well…Monitor the IPO market for the general state and health of the market. Today, either way you look at it, things are smokin’. I created the Wallstrip IPO show to highlight what I think are the …
Sunday IPO on Wallstrip…Mercado Libre (MELI)
Mercado Libre on Wallstrip IPO Sunday today . Ebay owns 19 percent of the Latin American internet auction leader. The stock has been as high as $33 and I would use that as a pivot and/or wait my standard 6 months and see how it trades. Just buying Ebay may be the easiest way as …
Lululemon Athletica (LULU), Inc. on Wallstrip…IPO
Canadians for sure love LULU. Americans will too, but this is one IPO I am giving six months or so to play out and mature in the marketplace. The IPO was priced at $18 and has already been to $38. Here is their Google Finance page . Back in January, Lindsay and I sat down …
Cars direct…I Mean Internet Brands Files for IPO
Obviously I am happy that Internet Brands – formerly Cars Direct – has filed for an IPO . It is my ‘Bubble Boy’. I have an embarrassingly large/greedy amount of money invested in this pig. The deal that contributed to the final straw of the first bubble and I was a stupid..now smart? investor. I …
Speaking of IPO's…Happy Anniversary Google!
Hindsight is 20/20 no? Dealbook has the niceties . So does Business Week .
Sunday IPO's on Wallstrip – VMware, Inc (VMW)
Today, we start a new category of shows on Wallstrip …the Sunday IPO (initial public offering) watch. For people new to the stock market, here is how Wikipedia describes an IPO . All great stock trends begin with an IPO or in some cases a spinoff. Therefore, the best place to find the next great …
Speaking of IPO's…Congrats EMC on VMWare
This should be a biggie . No interest in chasing, but Wall Street is in love. More on the Google size love from Bloomberg . It could pass Google in size as largest recent IPO.
Om Malik Gets Wallstripped
He totally deserves it. He believed in Wallstrip and our success right from the start and was one west coast tech person who gave us any coverage right out of the gate. He was right :) . I read Om every day. He takes the time to read everything and he just gives you as …