RSI, Stochastic, and MACD all indicate that the stock is over bought.
Momentum is heading down.
Yen is at 123.03
Wii Sales Still strong
An article by the Associated press about Wii's continued success is now making the rounds, even showing up in my local news paper. Confirmation that the Wii is still selling out is great but the article itself may actually be the more important. An article such as this one helps to maintain the hype that Nintendo will need going into the holidays.
http://www.mercurynews.com/ci_6262831?source=rss&nclick_check=1
WiiWare A GO!!!
Nintendo has finally announced that original games will be heading to Nintendo's virtual console. This is significant because it will allow both small and large companies to digitally distribute games, designed specifically for the Wii. This could become a large revenue stream for Nintendo in addition to making Wii even more attractive to consumers.
http://wii.ign.com/articles/799/799824p1.html
Reminder- E3 is July 11th. Nintendo is likely to clarify its plans for the future and reveal some surprises at the event. Shares of Nintendo should be purchased at least one week before E3.
Nintendo DS Lite
No significant launches in US within one month time period.
Wii
Mario Strikers released in US on 7/30
Saturday, June 30, 2007
No such thing as a free lunch
I am not quite sure why I believed that banks were care free institutions, waiting to throw money at any person seeking a loan. I guess it was all the credit cards offers I receive in the mail. Or perhaps it was the easy in which one can obtain a student loan. In any case I have come to the realization that getting the loan I require might actually take some work!!!
The SBA provides all sorts of information for small businesses. They even offer classes (online tutorials) on how to start a small business. Knowledge is power, right?
Anyways, I am still going forward with my plan to incorporate Absolute Value Investing. But will it be a small business? I don't really know if it qualifies. The business would really just consist of me, investing in Nintendo, Terra, and other stocks with momentum.
From the bank's point of view, why should they invest in lxl investing? After all, couldn't they just invest their money in Nintendo or Terra? Sure. However, doing so does not guarantee gains. I am required to pay back any loan that I make, even if the stocks I invest in go bust. Of course this is exactly what I am going to have to convince the banks of. Maybe, I will be forced to start small to show the banks that lxl investing is profitable. Then after they feel more comfortable I will be able to obtain larger loans.
www.sba.gov - lots of info to check out.
The SBA provides all sorts of information for small businesses. They even offer classes (online tutorials) on how to start a small business. Knowledge is power, right?
Anyways, I am still going forward with my plan to incorporate Absolute Value Investing. But will it be a small business? I don't really know if it qualifies. The business would really just consist of me, investing in Nintendo, Terra, and other stocks with momentum.
From the bank's point of view, why should they invest in lxl investing? After all, couldn't they just invest their money in Nintendo or Terra? Sure. However, doing so does not guarantee gains. I am required to pay back any loan that I make, even if the stocks I invest in go bust. Of course this is exactly what I am going to have to convince the banks of. Maybe, I will be forced to start small to show the banks that lxl investing is profitable. Then after they feel more comfortable I will be able to obtain larger loans.
www.sba.gov - lots of info to check out.
Friday, June 29, 2007
Going Corporate
A few days ago I realized that I would not be able to reach my growth potential as quickly as I would like with my current bankroll. With that in mind I have considered obtaining loans.
Loans can provide me with a much larger bankroll and therefore greater profits. Since I believe that I can receive a 100% return on my investments, the interest that I would be required to pay on any loan would be offset by my gains. Of course if I incur a net loss, I would be in serious trouble. However, if you consider that most start-up companies use loans to finance their business it no longer seems absurd.
With that in mind I am considering incorporating myself. As a corporation I will have assess to government loans and may limit my liability. But I need to obtain as much information as I can before proceeding.
- Government Loans for small business
- SEC regulations relating to small businesses and purchasing stock with lent money
- Small business regulations
- The filing process necessary to incorporate myself vs creating a company
Absolute Value Investing Incorporated is the future.
Loans can provide me with a much larger bankroll and therefore greater profits. Since I believe that I can receive a 100% return on my investments, the interest that I would be required to pay on any loan would be offset by my gains. Of course if I incur a net loss, I would be in serious trouble. However, if you consider that most start-up companies use loans to finance their business it no longer seems absurd.
With that in mind I am considering incorporating myself. As a corporation I will have assess to government loans and may limit my liability. But I need to obtain as much information as I can before proceeding.
- Government Loans for small business
- SEC regulations relating to small businesses and purchasing stock with lent money
- Small business regulations
- The filing process necessary to incorporate myself vs creating a company
Absolute Value Investing Incorporated is the future.
Planning For the Future
For many years I have been investing my money in the stock market. My interest in the stock market began when I was very young; owning shares of Disney stock that were given to me by my grandfather. I have made and lost alot of money since that time.
Until recently I have never considered plotting my progress. However, I now realize that it is necessary to record my actions so that I might learn from my mistakes as well as my success. In addition to progress reports, a medium such as this will allow me to organize my plans for the future. If I am ever to obtain the success that I desire a more stringent and focused mindset is needed. Documentation of this nature provides me with the discipline I require. With that in mind I began this blog.
Until recently I have never considered plotting my progress. However, I now realize that it is necessary to record my actions so that I might learn from my mistakes as well as my success. In addition to progress reports, a medium such as this will allow me to organize my plans for the future. If I am ever to obtain the success that I desire a more stringent and focused mindset is needed. Documentation of this nature provides me with the discipline I require. With that in mind I began this blog.
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