http://biz.yahoo.com/ipo/
This is a great website for IPO information. It has the best/worst results of companies coming off the block.

http://www.ibtimes.com/articles/20070810/emc-vmware-ipo.htm

"VMware, whose software is used to run computer servers, will sell 33 million shares for $27 to $29 each, according to a regulatory filing on Thursday. The initial target set in July was $23 to $25."

Seems way too expensive now. Don't "back the truck up" quite yet.



http://fintag.com/ Hedge fund blog
http://news.yahoo.com/s/ap/20070811/ap_on_bi_ge/toxic_mortgages_2 Subprime stuff

http://www.ibtimes.com/articles/20070809/hedge-funds.htm
"According to Ross, August 15 is the day for September 30 redemptions for hedge funds that have 45-day advance notice"


I'm trying to play it safe in the hopefully contrarian industry of defense. There's going to be a huge $ amount allocated for the production of MRAP vehicles (Vehicles that can sustain IEDS blast better than Humvee's) in the coming months. FRPT and SPAR are really good at producing vechicles. It still tricky to invest in anything because of market manipulation/shorting. But I'm trying to make some money off of them. I'm in Iraq as well, trying to do some war profiteering.

8/12/2007 12:34:11 AM

Quote :

"but yesterday's/today's crash IS because of "subprime" home buyers in the US"

380 pts is hardly a "crash" especially after the summer run up we have had (which is unusal itself)

8/12/2007 3:41:39 AM

Quote :

"why are my BRIC (brazil, russia, india, china), Europe, and NA mutual funds for a total of ~$600 as compared to 1 week ago? that's about 6.5% down."

OEPII1 is just pissed because his mutual funds lost 6.5%.

If you're so risk averse that a 6.5% drop scares you, why are you invested in stocks in the first place?

-or-

If your time horizon is so short that a 6.5% drop is a really bad thing for you, why are you invested at all?

8/12/2007 8:06:54 AM

a lot of good stocks are getting sold off by institutions because the houses need to generate cash.

8/12/2007 10:14:36 PM

Anyone here tried zecco? Also, how many would classify themselves as day investors?

PS: Stop being bears.

8/12/2007 11:17:58 PM

^i just signed up a few weeks ago
havn't made any trades yet, i'm waiting for things to settle down
and it will be my first move away from mutual funds after watching on the sidelines for a while...

8/12/2007 11:58:27 PM

I really don't see the DOW dipping below ~13,000. At that point it just seems like too many people are going to see value and buy...

The subprime market is so overblown... sure it's going to cause some massive losses in that particular market, but I don't think it will ultimately spread much into other sectors. We've yet to really see any evidence of it or many economists giving that idea credence...


I just don't think we're anywhere near a recession right now. The markets are only so volatile on a day to day basis because earnings are strong despite the worrisome credit crunch. The general public is scared so a lot of people exit stage left and are quickly replaced by massive buys from the heavy hitters...

8/13/2007 12:46:58 AM

Stock market would be a whole lot better if people stopped listening to Cramer. That man blows.

8/13/2007 12:48:51 AM

are you implying that one man on tv has been influencing the market enough to make it "blow"?

8/13/2007 1:04:09 AM

He does influence a lot of short-term investors.

And then goes in for the kill when they start selling.

8/13/2007 1:05:58 AM

^^^^
unfortunately the market is not always controlled by fundamentals

fear
psychology

also play an important role - which seems to be the current situation

8/13/2007 1:08:41 AM

Rally I pretty much agree I use each of these oh no the subprime days to buy more and more.

8/13/2007 6:13:24 AM

while i agree that we will not see a recession and that the market will bounce back, this credit crunch is definitely going to impact other sectors (i.e. homebuilders)

8/13/2007 6:58:52 AM

http://www.ipohome.com/common/ipoprofile.asp?ticker=VMW

8/13/2007 11:10:36 AM

retail investors are simply pawns to the larger institutions.... retail investing does not effect the market.
(thus "one man" does not effect the market, while he may effect retail investors) ... Can retail investors effect one particular stock ... sure, especially smaller companies... But not the market.

[Edited on August 13, 2007 at 2:23 PM. Reason : .]

8/13/2007 2:20:18 PM

picked up some BX at 26 even. sold a ton of other stuff in preparation for tomorrow.

8/13/2007 3:06:10 PM

How're you getting in the IPO?

I got that it wouldn't hit the general trades until early September or so.

8/13/2007 3:08:55 PM

ticker symbol VMW. should be trading sometime in the morning. they usually debut after 10 am.

8/13/2007 3:12:10 PM

Damn, my UBS guy just called to tell me he didn't get any shares

8/13/2007 3:23:53 PM

Just bought back into HAL at $33.48 after having mine called away at $35 last month.

September calls at $35 were going for $1.45 earlier today.

8/13/2007 3:37:37 PM

aw yeeah, its about to be on

8/14/2007 9:47:38 AM

bought 98 shares of VMW @ 49.80

8/14/2007 10:23:02 AM

Eugh, just checked my 401K and I'm down to 2.1% return for the year. How's everyone else's doing?

8/14/2007 11:14:43 AM

Quote :

"-2.48% "

w00t!

(actually thats a bit off.. i can only track the funds publicly traded through finance.yahoo, am also vested at 20% in sp500, eafe, and dow index funds that are internal to ML that i can't daily track, and i think that they are positive on the year, so it would probably bring me back up into the black)

[Edited on August 14, 2007 at 11:21 AM. Reason : ()]

8/14/2007 11:19:21 AM

can someone explain to me what happened to TPC from January to July? I am trying to trace the news but I am not following... It went from .89 cents to not being traded for a while to > $20. How/what happened?

8/14/2007 11:21:14 AM

http://today.reuters.com/stocks/KeyDevelopments.aspx?symbol=TPC.N

8/14/2007 11:26:25 AM

right, I read most of that... they were D-Listed so they were taking of the exchange, but how did they get back on at a higher price? They did a reverse 1-10 split, but the price still is a bit much...

8/14/2007 11:30:12 AM

VMW VMWARE INCCL A COM
Last [Tick] 55.00[ + ]
Change 26.00
% Change 89.66%
Bid 54.9500
Bid Size 2
Ask 55.00
Ask Size 2
Open 52.00
Volume 30,918,450
Day High 55.2395
Day Low 48.00
Previous Close 29.00

8/14/2007 12:47:23 PM

375 shares cost averaged at 51.35.

not moving as much as i liked, but atleast its shielding me from the triple digit declines in the rest of the market.

8/14/2007 1:10:02 PM

you guys are pretty brave buying that IPO in this volatile market

buying EMC, i could understand and all, since they still own 90% of VMWware

8/14/2007 1:45:55 PM

The important question is when are they allowed to sell VMW to reap the short term benefits.

8/14/2007 1:49:14 PM

i'm not as brave as this guy:

http://www.foxnews.com/story/0,2933,293208,00.html

8/14/2007 2:20:29 PM

an anticlimactic day for me

we shall storm the beachhead yet another day

8/14/2007 5:43:47 PM

got this at work today, haha

Quote :

"Investment Dealers are excited to announce the newest structured finance product - Constant Obligation Leveraged Originated Structured Oscillating Money Bridged Asset Guarantees, or COLOSTOMY BAGS. Designed to accommodate the most sophisticated investment strategies, Colostomy Bags contain the equity tranches of Structured High Interest Taxable Derivatives, or SH IT, and are leveraged an infinite amount of times through the innovative use of derivatives. "Its an actively managed, unlimited liability, open ended investment with no maturity date, which pays LIBOR plus 5,000 and has no correlation to traditional investments" said a spokesman for the Investment Dealer who engineered the product. "It's based on a CDO structure, but it's designed to default BEFORE the first coupon payment, which you'll agree has no correlation with stodgy traditional investments and is a perfect fit for portable alpha scams, er, strategies." Following the default, each month more leverage is added to the structure to pay for the coupon and the Dealer's fees which are set at 80%. "We feel the fees are reasonable, given the adrenaline rush you'll get each month attempting to mark these." The Colostomy Bags carry a AAAA rating, based on the rating agencies opinion that they are even safer than Treasuries. "You can't use traditional credit analysis to value these babies, no sir-ree" said a spokesman for a rating agency. "Just like Icelandic Banks, we give them the highest rating because you just know that the Fed will bail out all the hedgies who buy these things..remember like Long Term Capital? And the best part is, the beauty of this structure is that the loss given default is NEGATIVE, so by extension we feel that the CDS will trade through Treasuries." Inhaling deeply on a fatty, he continued "We've been tinkering with our model, which served us well for Enron and the Telecoms in '02, and our stress testing shows that the probability of loss in the senior tranche is close to zero." The model, constructed of a wishing well, Joseph Jett's trading blotter, and drawings of Unicorns then collapsed in a heap. "Well, back to the drawing board!" he cackled. A real money investor, huddled on the windowsill outside his office, said he remained optimistic about holding the Colostomy Bags but was a bit concerned with the 95% decline in value on the first day they traded. "We've taken a bit of a haircut on these but I'm waiting to see the first servicer report, which should arrive in a few months. At first I was annoyed that the dealer who sold them to me refused to make a market in them, but that makes my job easier since I'm not tempted to sell." We located a hedge fund manager at a due diligence meeting in the VIP room at Stringfellows . He said he was skeptical of the structure at first but was dared into buying it by a fixed income salesman. "He said to me, 'what's wrong with you, its quadruple A rated, just buy it, what are you a pu ssy?' He also said it was going into 'an index', although he didn't say which one, but I felt that I had to buy it. And that was good enough for me, bro'.""

8/14/2007 6:02:20 PM

i bought some RICK a couple days ago on a whim. . . pretty pleased so far. We'll see.

8/14/2007 6:13:11 PM

^^ haha
^ damn, good pick. hopefully the credit crunch won't hurt the disposable incomes of the patrons (though I'm sure they'll probably by their kids cheaper food/less toys so that they can keep on going to the titty bar)

8/14/2007 6:23:51 PM

yeah, i also purchased NOOF at the same time, with this weird theory that you can never go wrong with titties. NOOF hasent been doing so well so far though. aw well.

8/14/2007 6:25:29 PM

I wish I had started getting into this in January, before this thread was 30 pages long.

I suppose I'd better sift through some of it and figure out what the hell the Wolfweb thinks I should do with my money.

8/14/2007 7:07:57 PM

How much money (cash) do you have?

If less than $5k, I would personally invest in ETFs and mutual funds.

8/14/2007 7:10:47 PM

More than 5k, although I am looking at ETF's as part of the overall picture.

I have seen TIE referenced many times in this thread so far, and I'm trying very hard to understand why. If someone would explain the rationale for its popularity, I'd be much appreciative.

8/14/2007 7:25:20 PM

CNBC and record profits.

8/14/2007 7:33:12 PM

I'm looking at Vanguard Energy ETF. What do you say, Wolf Web?

8/14/2007 7:39:14 PM

^also look at XLE

8/14/2007 10:03:53 PM

Quote :

"If less than $5k, I would personally invest in ETFs and mutual funds."

I would personally invest in ETFs and mutual funds with more than 5K.

8/14/2007 10:55:22 PM

yeah, you're not gonna be able to build a diversified portfolio on your own for that much...mutual funds and ETFs are the way to go...unless you wanna play the lottery, which is up to 181 mil

8/14/2007 11:22:26 PM

Just wanted to let you guys in on where I get my stock picks from:

Stock Selector

8/15/2007 9:16:48 AM

Quote :

"I would personally invest in ETFs and mutual funds with more than 5K."

I agree, but my point was that if you're investing less than 5k you're better off putting that money in ETFs than a savings account, and definitely not stocks.

I am just learning myself.

8/15/2007 9:21:45 AM

^^ 403 error

8/15/2007 9:23:27 AM

^ dammit, try this:

http://www.brentroad.com/photos/00484554.jpg

8/15/2007 10:11:52 AM

bahaha

8/15/2007 10:35:47 AM