19 September 2014

Decided not to buy Alibaba

I didn't like the price at which Alibaba Group (BABA) started trading, USD 92.70, and refrained form buying it.

Waiting for trading to start on Alibaba

NYSE on Alibaba IPO: 'We're ready to go'

...
The NYSE’s top executive would not specify what time the first Alibaba trade would occur, nor would he specify what the opening price would be. Instead, he stressed that the timing of the first trade is less imp0rtant than making sure the shares are priced correctly and that the shares trade “fairly” and “smoothly” once trading begins.
“It could be two hours, it could be three hours,” before trading begins. The NYSE opens for trading at 9:30 a.m. ET.
...
Source: https://www.blogger.com/blogger.g?blogID=5171595010066543127#editor/target=post;postID=8724144614858861695

Looking at Alibaba

I have been looking at the Alibaba Group Holding (BABA) IPO over the past few days and wonder at what price it will start trading on NYSE today. Depending on how it goes, I may buy some shares. An IPO price of USD 66–68 has been mentioned in news articles. Pre-market trading is not available.

20 August 2014

Bright outlook for Tesla

Why Tesla Stock (Nasdaq: TSLA) Will Double in the Next 12 Months
By Chief Investment StrategistMoney Map Report  ·   August 19, 2014

I believe Tesla Motors Inc. (Nasdaq: TSLA) stock will double within the next 12 months.

Bold? You bet. I know it's not a popular opinion. In fact, I'd go so far as to say that the disdain for TSLA's bull run is only surpassed by the herd's disdain for the overall bull market itself.

For every quarter since at least Q1/2013, any sign of strength by this company has been met with jeers from some pretty powerful detractors.
From the headquarters of GM to the front page of the MIT Technology Review, the chorus has been pretty consistent: Tesla is a hopelessly inflated stock, a flash in the pan and nothing more.
Nonsense...
This company is on track to see a stock explosion that will make its surge back in the spring of 2013 look like a speed bump. I want you to know today that I believe we are on the cusp of a few key developments that will make electric cars in general and Tesla in particular the wave of the future.
Let me explain why....

14 April 2014

09 April 2014

03 April 2014

TSLA: bought today

My order to buy Tesla Motors (Nasdaq:TSLA) was executed at USD 230.30 at the open today.

Taking an interest in Tesla Motors

I figured the chart looks right to get bullish on Tesla Motors (Nasdaq:TSLA) and I have given an order to buy some shares at market at the open today.

08 January 2014

ZURN: bought today


My order to buy Zurich Insurance Group (VTX:ZURN) at market was executed today at the open at CHF 261.00

07 January 2014

ZURN: buy order


I gave an order to buy Zurich Insurance Group (VTX:ZURN) at market at the open tomorrow.

16 April 2013

GLD: bought today

Since my last purchase of the ETF SPDR Gold Shares (NYSE:GLD) at USD 154.41 on 26 February the gold price dropped sharply in the past few days but seems to have turned around today, and I now added the same quantity to my GLD position at USD 134.69, giving me an average cost of USD 144.55

26 February 2013

GLD: bought today

My order to buy the ETF SPDR Gold Shares (NYSE:GLD) at the open was executed at USD 154.41

Speculating on gold

I expect the gold price to rise and have given an order to buy the ETF SPDR Gold Shares (NYSE:GLD) in New Yourk today at market at the open.

16 November 2012

02 November 2012

01 November 2012

AGQ: bought today

I bought the ETF Pro Shares Ultra Silver (NYSEARCA:AGQ) today at market close at USD 50.55

I am not quite sure whether it is really on a clear upward trend but I am taking the risk.