Friday, April 25, 2008

Still not many buyers


New-Home Sales Fall to Low Last Seen in 1990s - New York Times
At the current sales rate, it will take 11 months for builders to work off the current backlog, the biggest inventory pile-up since 1981.

Thursday, April 24, 2008

Insider Trading at Google

The most recent trade according to Yahoo Finance was 50,000 shares sold at 550-560. The usual volume of the stock shows is about 50,000 shares every 10 minutes. The daily volume has been around 4-8 million shares recently, with a high of 18 million shares. Insider selling at Google (GOOG) may have a significant effect on the stock price, yet the volume is a small percentage of total volume. Also, the data available for insider selling varies from different financial site.
One interesting fact I found was only once has an insider bought shares of Google since it went public.

Wednesday, April 23, 2008

House Prices will fall

Rent is too cheap. Foreclosures are increasing. The house price to income ratio is still near all time highs.

The Impending Mortgage Crisis - Seeking Alpha

Tuesday, April 22, 2008

Friday, April 18, 2008

Google 510 Call April 2008 Option

The price of this option for Google (GOOG) increased from $0.30 to $28 after a positive earnings announcement.

Initial Investment = 30
Intrinsic Value = -60
Premium (%)= -100.5
Final Option Price = 28
Final Investment Value = 2800
Total Profit = 2770
==========
Similar Stock Trading
Shares = 100
Initial Investment = 51000
Final Value = 53800
Profit = 2800

Options Profit Analyzer

Google Price Based on 2008 EPS

If Google (GOOG) were to earn $19.54, here are the prices at different P/E levels.

PE of 33 = 644.82
PE of 40 = 781.60
PE of 42 = 820.68
PE of 45 = 879.3

From EPS Calculator

Small Earthquake

Small earthquake felt in southeast Missouri.

Magnitude 5.4 - ILLINOIS

Monday, April 14, 2008

Housing Crisis Spreads Globally

The housing crises that started in America is starting to show up in Europe. Irish homes have dropped significantly, and some estimate they are still 30% overvalued. In India, some home prices are down 20%. Some think since stock markets are declining in developing countries, home prices are also declining. Spain has had the most housing growth in the last decade, and speculators are trying to exit the housing market.

Housing Woes in U.S. Spread Around Globe - New York Times

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Sunday, April 13, 2008

Polaroid Bluetooth Photo Printer

Polaroid will start selling a small printer that can print images from a cell phone or camera. The printer connects to a photo device by bluetooth or USB cable. The paper has embedded color crystals, and the printer uses heat to apply an image.

Instant Digital Prints (and Polaroid Nostalgia) - New York Times

Polaroid Mobile Printer

Top Stocks in Small Growth Mutual Funds for April 2008

FCStone Group Inc. (FCSX) - 36.77
Shanda Interactive Entertainment Ltd. (SNDA) - 27.22
Omnicell Inc. (OMCL) - 18.46
JA Solar Holdings Co., Ltd. (JASO) - 21.31

Saturday, April 12, 2008

Diesel Savings Calculator

Diesel engines have become more efficient, decreased their noise, and become an alternative to gas engine cars. They can provide mileage similar to a hybrid car. Here's a calculator that will take into account the price difference between gas and diesel along with the miles per gallon difference between the two fuels. This can also be used as a Flex-Fuel Calculator to account for the lower price of ethanol fuel and difference in miles per gallon.

Diesel Savings Calculator