AMD Looks Cheap
Bought 2000 AMD shares @ 6.31 USD for the earnings on Jan. 17. I believe that AMD will always be a competitor of Intel. Plus, Intel is under investigation now so it may boost AMD share price short-term. I don’t know if it is better to buy now or after earnings, but AMD share price looks very [...]
Tagged as: amd, Earnings, intel, investigation, short-termAlibaba
Sold 2000 1688.HK shares @ 28.72 HKD. I sold Alibaba because I feel it is going nowhere at the moment and looks like it is trending down. I may be buying again soon.
Tagged as: alibaba, down, sellAlibaba.com
Bought 2000 1688.HK shares @ 28.05 HKD
I bought Alibaba because of the following reasons:
Yahoo owns 40% of Alibaba. (Link)
It has recently fallen from its highs (~$40).
Biggest B2B business in China – “The Chinese eBay”.
HSBC appoints CEO of Alibaba David Wei as non-executive director. (Link)
28 and 1688 are good numbers. =)
Yahoo!
Bought 1000 YHOO shares @ 23.39 USD
I bought Yahoo because of the following reasons:
It is near the lows of the past 3 years.
It is the 2nd largest search engine in the world.
Online advertising is still a major trend in the Web industry.
It is not as volatile as other stocks like Google.
Paper Trading
I just created a paper trading (simulation) account with $50,000 CAD in it. Since I am a poor student, I don’t have that much money yet =) I will use it as a learning experience and will keep on updating it.