Trader’s Narrative

Amid all the wailing and gnashing of teeth, we had a successful IPO: Visa (V) went public yesterday and made history.
Not only was it a resounding success for the investment bankers in a very difficult time, it was also the biggest IPO ever at $18 billion. And it managed to jump +30% from its $44 […]

I use Interactive Brokers as my primary broker because of their price and offering but also because they consistently improve and add new features. They put the Japanese companies to shame when it comes to kaizen.
Usually they follow the requests made by their clients - I’ve been with them long enough to remember a time […]

The Chinese say, May you live in interesting times. This year the market started out the year with a few truly interesting backdrops. Among them a colossal trading loss that shook Société Générale to its core.
Did you know that Jerome Kerviel’s was the largest trading loss in history?
At least so far!
To provide some […]

The following is from San Francisco magazine (online). I’ve included it here because, for some odd reason, the original site shows it as a 404 error now. This is much too good to let disappear into the ether, so bookmark this, delicious it or just print it off and read it.
I regularly have people asking […]

Well that was fast.
I happened to check up on the scam du jour only to notice that Pink Sheets has slapped it with a TOXIC label:
Buyer Beware. There is a public interest concern associated with the company, which may include a spam campaign, questionable stock promotion, known investigation of fraudulent activity committed by the company […]