AceTrader

This site was designed to communicate with friends who share similar interest. The interest in the "free market". Stocks, over the long term, provide the best return on your money. More than cash, bonds and even real estate. Understand that investing is a learning process. We will learn from our mistakes and move on. This is a journey. Enjoy the ride!

Name:
Location: Bayside, New York, United States

My love for the market began in 1987 when I first opened a brokerage account with Fidelity Investments. You know what happened back in 87'. "Black Monday", the market crashed. My initial $ went down fast. Thus began my thirst for the challenge to make it in the market. Although I have science background, my Bachelors degree is in Economics from Washington University (great school). I also have earned an MBA in Finance from Fordham University, New York. Although I am registered as an "investment advisor" with the NASD, any information in this blogger is not intended for any business use.

Tuesday, June 06, 2006

Five great news !

Another so so day in the stock market.
But I have five (5) great news for you.
Let me get right down to it:

1. You all know that I had an appointment with my oncologist to go over the CT-Scan I took last week. Basically there are three possible outcome: Cancer tumor grew in size / it is still the same size / the tumor shrank in size. What do you think happened? Coooorect! It became much smaller! Thank you for those who prayed for me. Hopefully, six months more of chemo and that's it. If I survive this, I will be among the top 10% of colon cancer (stage 4) patients (90% die within 5 years). Yet another resume builder ...

2. If you read my blog yesterday, I told you that MATK will release good earnings today. Guess what? MATK easily beat the wall street estimate by a comfortable margin. Those of you who own Martek Bioscience can expect between 10 - 20% jump in price tomorrow. I understand that it took some guts to hold on but you will leap benefits starting tomorrow. This is among my top 3 holdings. Go Go Martek!

3. One of our holding IDS Worldwide (IDWD) will pay a special dividend on June 15th. Basically, for every share you have in IDWD (as of 5/18) you will receive 1 share of HLS stock. If my estimates are correct, HLS stock can easily be worth over $1 per share! And what's more? This stock can go up significantly from here. This could be our homerun stock. Again, those of you who bought into this - congratulations. You will be rewarded handsomely soon. Hold on. And those of you who did not buy - it's OK, there are still money to be made in IDWD. It will again try to spinoff its 995ad.com business through an IPO. You can still buy this as a speculative play.

4. Ricks Cabaret (RICK) is making some serious money at its clubs. Last month (May) the business grew at 75% clip. This is my largest holding currently. Before you know it, this stock will trade in double digits. Don't miss this OK?

5. I will be traveling to Korea (I was born in Seoul) between 6/8 - 6/28/2006. My plan is to visit Korea twice a year. I will be watching and rooting for the Korean team in World Cup 2006 games. Believe me, Koreans are good at this game. I will try to keep up with my blog whenever I have chance but it will not be a daily thing as it is now. Don't worry, our porfolios will not crash while I am gone. I will miss my son "Ace" very much.

P.S: I will go over all our holdings tomorrw - a review per se.
As you can see, I am loving my life right now! You should enjoy yours as well.
Life is short - Love someone.

1 Comments:

Blogger Siyu LI said...

Jaewoo:

Great!!! I am so thrilled to hear the news. I know you will show us you're the top 10%.

Siyu

12:12 AM  

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