Dien (and others) a new stock research site
 

I've been disappointed that stockdetective.com went the way of many a website and vanished. While reading a news report today, I tripped across a new one today that I thought looks promising: StockLemon.com

It's new, and I'm not sure if it'll continue to live up to its launch, but the site's pretty interesting. Sometimes it's hard to interpret what a company's news reports mean and this site pretty well lays them bare.

Ah, the power of Internet and an Irate Citizen.

Thanks Mel! Here are some more interesting stock-related comments....
 

Hi Mel,

Thanks for that link, it's an interesting web site! :)

I guess there are still some little "bubbles" around (otherwise how can you justify these valuations???).

I didn't want to say much, but I honestly believe that the depressed stock market represents a real buying opportunity.... I honestly believe that it will probably bounce back in six months to a year, and if you have cash to spend now is not a bad time to start looking where to spend it.

I've also seen some very interesting articles mentioning Peter Lynch, one of the best known investors (probably second after Warren Buffett). Here's an article.... http://www.nationalpost.com/financialpost/investing/money/story.html?f=/stories/20010929/711453.html

I personally would stay away from airlines, though, even with the low prices. I never really liked airline stocks, because I feel they are too "commodity-like".... I don't feel there is much of an advantage flying one airline over another, which makes competition pretty fierce, since customers can turn from one brand to another in an instant. The strong competition erodes profits, and also any whiff of bad news is enough to make their customers switch airlines, which is too unstable for my liking as an investor (even before the latest events). You might make a short term gain though, but personally I don't like airlines for long term investments....

However, there are plenty of other opportunities....

Fortunately, I do have money to spend (I didn't sell any of my shares, but I still have unspent money to invest) -- so I'm shopping around to decide what to buy at the moment!

By the way, here's another quote from Peter Lynch (from a different article, and I saw him say this on TV too)....

"If you're looking long term, stock is the place to be. A lot of people think long-term investing is two weeks from Wednesday. It's longer than that" -- Peter Lynch

For a long term investor, the latest events are really just a blip on the radar....

- Dien Rice


Stock Lemon

Like the link!
 

Oy, it's SO nice to see the numbers in the black (or green) again... and the value of the portfolio rising (finally!) The Motley Fool had an article this week about mutual funds and how much value they've lost -- it's been their worst quarter since the 1980's. Here's hoping it keeps up.

I've been eyeing some stocks to pick up (picked up a few shares recently.) BuyAndHold recently went to "unlimited trades" for $15/month and that's been my best bet. The downside is that you only get 3 chances per day to do the trades, but that's enough to move stocks out of something that's bottoming out and still get money back.

There's a lesson there in marketing -- you can't always do well if you stick with just one product. In some segments of the industry, you need to keep a close eye on what's happening and try to anticipate changes and fads. Most markets are cyclical and have a "birth, life, death, zombie-from-the-grave" pattern to them (there's always a few who are interested enough to buy a nice zombie... there's just not many of them.)