Posted on October 21, 2008 by Captain Hedge
http://news.bbc.co.uk/2/hi/business/7681435.stm
The article quotes a report saying in the nations surveyed, income of the richest 10% of people was, on average, nearly nine times that of the poorest 10%. In the US, the “rich” makes more than 15 times as much money as the poor. The income gap has widened over the years, so, in conclusion, [...]
Filed under: Rant | Tagged: income inequality | Leave a Comment »
Posted on October 21, 2008 by Captain Hedge
IMAX last traded at $3.50. Speculative play, but I feel confidence at this price level. I’m going to backup my truck on this one. If enough IMAX theathers opens next year to reach the tipping point, and IMAX’s digital projection gets trackion, IMAX could be an explosive stock.
Filed under: Stock | Tagged: IMAX, Stock | Leave a Comment »
Posted on October 21, 2008 by Captain Hedge
I just brought a small JAVA position for less than $5 a share. Sun Microsystems (JAVA) has a history of making great product and poor profit. Not what I’d like to see as an investor. Sure enough, Sun’s profit dropped and so did its stock price. For $5 dollars a pop, I’m willing to [...]
Filed under: Stock | Tagged: JAVA, Stock, Sun Microsystems | Leave a Comment »