/Archives

  • Michael Lee
  • 0 Views
  • 0 Comment
  • Facebook . fb . SEAS . SeaWorld . Yelp .

Remember the Better Business Bureau (BBB)? (They're actually still around but not as relevant as in years past.) I remember the BBB. I remember, in my youth, thinking that if I saw a business with the BBB accreditation sticker on their window, it meant that the business was legitimate and better than its non-accredited competitors. I also remember thinking that, if ever I had a complaint about a business, I could contact the BBB and they would sort it out…

READ MORE
  • Michael Lee
  • 0 Views
  • 0 Comment
  • Facebook . Politics . religion .

I saw this meme on my Facebook feed the other day: This meme, originally posted by the Facebook page, Uncle Sam's Misguided Children, was shared by two of my Facebook friends. I'm sure it has been shared by plenty of others and, as a result, has been viewed by thousands. Look at the meme again. If you give it more than a half second of thought, you will notice that the math is a bit off. $360,000,000 / 317,000,000 = $1.136 (per…

READ MORE
  • Michael Lee
  • 1 Views
  • 0 Comment
  • $100 billion . aapl . Apple . Facebook . fb . goog . Google . Initial public offering . IPO . P/E ratio . Wayne Gretzky . znga .

Yes, Facebook changed the world. But should you buy the IPO hype? I say no, and here's why. Let's start with the numbers. The company, with an expected valuation of $75 billion to $100 billion, is profitable but not as profitable as it should be to put up numbers like that. With a 2011 revenue of $3.8 billion and an operating profit around $1.5 billion, the company has an operating margin of 39.74% (Kapitall); nothing to write home about. Top…

READ MORE
  • Michael Lee
  • 1 Views
  • 0 Comment
  • Business . Facebook . goog . Google . Initial public offering . Investing . Investor . Stocks and Bonds .

Purchasing a promising company's stock right out of the public offering gates can yield great returns for long term investors. Example: Google Inc. (GOOG). The stock opened at $100.00 in 2004 and is currently trading above $500.00. But I'm not an investor who holds stocks for years. Instead, I currently find success in riding the short term trends, holding stocks for only a few weeks to a few months. So, do Initial Public Offerings (IPOs) have a place in my…

READ MORE
LATEST WORK