Sun Microsystems Inc.
JAVA – Sun Microsystems Inc.
The stock bounced of its recent bottom in hope that the earnings will be extraordinary. One of the good things about Sun is that the Solaris operating system is open source and the company mainly sells servers to business customers. However, Sun faces very strong competition in everything it sells.
China Life
Sold 3000 2628.HK shares @ 34.20 HKD.
Tagged as: china lifeAlibaba and Yahoo
Sold 5000 1688.HK shares @ 19.30 HKD. Will see what happens in the next few days. BTW, I am still holding the 1000 YHOO shares that I bought last month.
Tagged as: alibaba, yahooAlibaba and China Life
Bought 3000 2628.HK shares @ 29.00 HKD. Very stable stock even though it recently dropped from its highs. China Life is the largest insurance company in China. Other its core insurance business, the company is also involved in overseas investments.
Tagged as: alibaba, china life, Economy, insurance, investments, stableFed Cuts Interest Rate 3/4 of a Point
This move is not unexpected, however the good news came a week earlier. The Feds signal that they may cut the rate further next week because they fear the economy will slow down. IMO, it is now a good time to start accumulating quality stocks right now. Some of the stocks have rebounded, which is [...]
Tagged as: accumulate, Economy, interest rate, rate cuts, rebound