Lessons learned: The-end-of-the-day-effect

On 10.5.2010 I bought a ING Sprinter Long Nokia with a 7 fold levarage with a stop loss at 7.90. The sprinters from ING are simular products as Turbos and Speeders. At the time the Nokia shares were trading at around 8.40. The Sprinters were priced very low, as they had been trading at a … Continue reading Lessons learned: The-end-of-the-day-effect →

Nike’s brand new 5 year plan

According to this article Nike has come up with an ambitious 5 year strategic growth plan. Their aims are among others to: Double profits by 2015 40% revenue growth by 2015 Double sales in the Action Sports category, currently $390M (more on that in the next log) On March 5 Véronique Adam wrote an article … Continue reading Nike’s brand new 5 year plan →

Avalon Holdings Corporation

I initially read about Avalon Holdings here and here. Although the company has a history of low returns on investment/equity/assets, it seems to be undervalued as its shares trade at a market price less than 1/3 of its book value. Is the low price to book ratio caused by negative industry outlook? This waste management … Continue reading Avalon Holdings Corporation →

Investing in European Football Clubs

You don't invest in a football club to become wealthy, you invest in a football club because you are wealthy. However, with that being said, top European football clubs have proven themselves to be excellent at generating and growing their revenues over the last two decades. International demand and popularity of European top football have … Continue reading Investing in European Football Clubs →