Apple iPhone…Simply Amazing…
Analyst predicted that, Apple (AAPL) will go down in 2007. They cannot ride on the iPod success all day long. Apple released iPhone today and the stock price rose 8%. This surely will shut them up. iPhone is a mobile phone that plays iTunes and surfs the Web and priced between 500/600$…hmm a bit pricy, [...]
Understanding IPOs
Initial Public Offerings (IPOs) are the first time a company sells its stock to the public. Sometimes IPOs make huge first-day gains like Chipotle Mexican Grill (CMG) which was offered at $22/share and ended their first day of trading at $44/share. Wow. However there are times when the market is overall bearish and the IPO [...]