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Wells Fargo chairman bought 40k WFC share in June 2008, for $26.05/sh. This is $1.05M investment. He sold $6.07M in August 2007 at $36.96/sh. The CEO purchase $44k WFC in May 2008.
Exxon will sell 2200 gas stations in the coming few years. Each gas station can be sold between $500k and $2M. This is $1.1B cash return, if using $500k price tag.
In May, a fund tracking Chinese Yuan was incepted, Wisdom Tree Dreyfus Chinese Yuan Fund (CYB). Chinese Yuan is expected to turn higher against US dollar. But since US dollar is getting lower than Euro, further strengthened Yuan brings pressure on Euro vs. Yuan. So the trend is tricky. When US dollar ends higher while RMB higher, it results in higher RMB vs Euro. This is,
Euro/RMB = (Euro/US$)/(RMB/US$)
Bear market is commonly defined as more than 20% from top. From the last 30 years, there were 9 bear markets. In average, it took 14 months to bounce back from the drop and 8 out of 9 reached more than 30% gain from the bottom.
Exxon will sell 2200 gas stations in the coming few years. Each gas station can be sold between $500k and $2M. This is $1.1B cash return, if using $500k price tag.
In May, a fund tracking Chinese Yuan was incepted, Wisdom Tree Dreyfus Chinese Yuan Fund (CYB). Chinese Yuan is expected to turn higher against US dollar. But since US dollar is getting lower than Euro, further strengthened Yuan brings pressure on Euro vs. Yuan. So the trend is tricky. When US dollar ends higher while RMB higher, it results in higher RMB vs Euro. This is,
Euro/RMB = (Euro/US$)/(RMB/US$)
Bear market is commonly defined as more than 20% from top. From the last 30 years, there were 9 bear markets. In average, it took 14 months to bounce back from the drop and 8 out of 9 reached more than 30% gain from the bottom.
posted by Intl.investment.services at
9:35 PM
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