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E*Trade going bankrupt?

Tags: E*Trade, ETFC, Sub Prime Crisis
14 Nov 12:22am
Posted by fullmetal
0 Comments
Some pretty scary news yesterday, with E*Trade falling by over 50% in value after the company said it expected additional asset write-downs and an analyst suggested that it might be forced into bankruptcy protection.  The most prominent victim of the US sub-prime crisis yet, and a very scary sign!  I'm so terrified for the US economy, and all the world markets linked to it.  Perhaps having a discount broker so heavily involved in mortgage lending is an exception to the rest of ...
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Silver Wheaton Recovered

Tags: Silver Wheaton, SLW
16 Oct 6:33pm
Posted by fullmetal
0 Comments
After a long wait, I've finally recovered my losses on Silver Wheaton.  In fact, it's jumped above my average price since yesterday and looks to gain some more.  I've let go of my shares for now to invest in other interesting targets (like Consol Energy!) but I'll probably buy SLW again if they drop back down to the $7 range.
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Intel Bounces Back

Tags: Dual Core Processors, Microchips, Intel, INTC, AMD
16 Oct 6:32pm
Posted by fullmetal
0 Comments
Intel has been amidst recent major organizational overhauling, after a little scare by AMD a few months ago when they reported excellent results and further enroachment on Intel's turf.Some good news for Intel, who announced that they shipped 5 million dual-core processors within its first two months of sales.  In a release by Reuters, executives also expect a "strong fourth quarter" for notebook computers - one of the increasingly large battlegrounds between Intel and AMD.For those who h...
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House Cleaning Time

Tags: Stock Picks
16 Oct 6:32pm
Posted by fullmetal
2 Comments
Time for some house cleaning! Getting rid of those impulse buys, dollar cost averaging my bad positions, and strengthening my strong ones. Some of the stocks I'll be keeping: Silver Wheaton  - see my blog 100% Silver Wheaton IAC Interactive - large internet conglomerate Taiwan Semiconductor  - as the name says True Religion - high end jeans label  Stocks I'm gonna let go of as soon as I can: AMD - I admit it!  I bought it during the hype when it was overpri...
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