Archive for October, 2007

October 31, 2007: 5:03 pm: News

Whether your going to a sporting event, the ballet, a concert, or any other type of ticketed event, chances are you have seen ticket scalpers.  In some states it is legal and in the ones that it is not, it is not strictly enforced.  It seems like for literally every event, no matter how sold out, someone has tickets for sale.  It is these tickets that can bring in hundreds, even thousands of dollars for a scalper.

I have only bought sports tickets one time from a scalper, and luckily i didn’t have to pay too much more than face value to the sold out event.  Soon enough there will be scalpers incorporating and unionizing.

October 23, 2007: 6:07 pm: News

Some analysts on Wall Street beleive that with a significant drop in BP’s third quarter net profits, oil may be at its bottom.

Chuck Marvin says that BP’s net profit dropping 29% in the third quarter might mean oil’s reached its bottom.

I’d like to be able to get updates and tips on stocks of the same caliber as BP from my online stock picking service.  Do all of these services, like Gorilla Trades, focus mainly on less well known stocks?

: 4:04 pm: News

Every day i hear the same thing from these analyts: “investors are still weary about the housing market and credit crunch”; Somebody do something already!  I know their isn’t an overnight solution, but how long has this been going on? And all i’ve heard about it is that the Fed is moving interest rates.  There has to be something else that can be done.

‘Investors are using caution because of the sluggish housing market” is all i hear, whether it’s from brokers, analysts or online stock picking services like Gorilla Trades.  Enough is enough.

October 18, 2007: 5:51 pm: News

Why are there so many venture capital firms in California, especially in the Northern Silicon Valley?  Are they there because there are so many tech companies there, which are VC’s milieu? Or are there so many tech companies there becuase of the copious amounts of potential VC investors?  Maybe it’s like asking what came first the egg or the chicken.

I’m sure some venture capital companies call another city their home, but all I ever hear about is a new tech company being backed by an investment firm, like Arthur Trueger‘s BerkeleyVC, and they are all in California, more specifically the northern part.  There has to be another reasong besides the weather.

October 5, 2007: 7:32 pm: News

Making money in the stock market in no easy task.  A person needs knowledge, experience, and, of course, some start up capital.  If you are interested in investing in the stock market yourself, that is, without going through a broker, you need to make sure you have been educated on the subject.

This can be no easy task, and especially not a task achieved quickly.  For individuals who are starting new in the market it is a good idea to get some help, which, in turn, can cut down your needed time commitment allowing you to devote most of your time do other necassary endeavours.  There are stock picking services, like Gorilla Trades, among others, that can help you research stocks, as well as breakdown what happened in the market everyday and explaining some insider broker-like jargon.