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Tuesday, March 23, 2010

Get on the bus!

China Media Express, which sells advertising on buses in China is out with earnings.

Starr International, which just did a deal yesterday with UBS regarding AIG  stock, has put $30 million in the company; so if you don't want to do any due diligence, you can always say you just followed Starr. (or read the comments in the posts on this blog.)

After all, weren't those folks in China thirty years before it became popular?


Maybe GOOG can keep advertising on the buses in China!

10 comments :

Anonymous said...

what a crazy chart...what do those lines mean? the movement is just everywhere...glad i held and bought some yesterday...hopefully it can stay up above 13s now

anno- thanks for this tip...what was the other otc you had mentioned a while back while it was in the 6's...i was tracking then lost the ticker.

Anonymous said...

do you think MGM needs to be bought today?

Anonymous said...

The other OTC stock was amrr (mortgage REIT). It's paying a .40 quarterly dividend.

Hey Palmoni,

I was taking a look at Ventana's new investor presentation (I'm bored in my Econ class, lol) and I noticed at their La Bodega property the Angostura mining area. Is this the same Angostura as what the other Colombian co mentions in their investor presentation? Thanks!

Anonymous said...

Anno...what more can you say about the AMRR...current at 8 , you had mentioned in the 6 and is the div going to be .40 qtrly going forward?

Anonymous said...

The website is here http://www.armourreit.com/ You can read their portfolio updates. The major risk here is the interest rate convexity curve. As long the yield curve remains steep then this company will print money.

Palmoni said...

Right next door --but Ventana's property is way smaller!

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