Bapcha's Stocks. The best insights into Silicon Valley & bio/pharma stocks, companies and their management.

Archive for October, 2008

Gold – a useless commodity, and an even worse indicator of anything.

10.27.2008 · Posted in DJIA, Gold, investment, platinum, S&P, silver, Uncategorized

Every time the market fluctuates to the down-side, we seem to get inundated with Gold advertisements – with all sorts of theories including: a. One that gold’s price – after accounting for inflation is at a fraction of (your favorite year here)’s quotation. b. The Dow/Gold theory that one unit of gold will equal the ...

ICE, ICE baby – and other exchanges – Part II.

All right then, I gave it away in the title of the article. My favorite investment in the CDS market to be is the Intercontinental Exchange. Founded in the year 2000 in Atlanta, the ICE pioneered the market for WTI Crude [West Texas Intermediate Crude]. Most of this commodity is from smaller wells in Texas ...

ICE, ICE Baby and other exchanges – Part I.

The unravelling of the housing market, followed by the credit markets, was, (in my opinion) due to the proliferation of Credit Default Swaps a.k.a CDS’s. CDS’s were invented by a brilliant British woman – Blythe Masters. In the olden days, if you bought a bond, your risks were: a. Default on the payment of interest. ...

Us Americans need to take a look at the British bailout plan.

Yes, we are American.  We spend more hours at work than do workers in most developed countries, and can be fired at will [almost]. But our bank’s bailout plan sucks.  I did not want to use a word as strong as the s-word, but it really does.  The Brits are doing a better job.  Their ...

RIMM – the cheapest growth stock ?

Research In Motion RIMM, the manufacturer of the (Bl/Cr)ack-berry turned in some exemplary numbers. For the three months ended Aug 30, 2008 (RIM’s Q2, 2009), revenue was $2.58 billion, up 15% from $2.24 billion in the previous quarter and up 88% from $1.37 billion in the same quarter of last year. The revenue breakdown for ...