ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
LDK Solar (LDK) dropped 15% today as the company announced it will issue 18.9 American Depository Receipts as part of a larger bid to remain a going concern. LDK filed a 6K with the SEC summarizing its problems with cash flow, and its plan to arrest its descent into bankruptcy. The introduction states: “We are … Read more
Public Debt Risk Rising, Turbulent Year Ahead: Moody's Sovereign debt risk is rising globally, particularly in the United States and United Kingdom, which must outline plans to manage public debt or face ratings deterioration as soon as 2011, Moody's global head of sovereign ratings said on Monday. (tags: debt govt_spending) So Why Did Abu Dhabi … Read more
China to pass India as world's top gold market – GFMS | Business News | Reuters China will overtake India as the world's largest gold consumer in 2009, with total demand forecast at 432 tonnes as wealthy investors defy record bullion prices, metals consultancy GFMS said on Friday. (tags: gold China India)
“Tricks are for kids he plays much gigs He’s a big bad wolf and you’re the three pigs He’s a big bad wolf in your neighborhood Not bad meaning bad but bad meaning good“ “Peter Piper” – Run D.M.C., 1986 from the album “Raising Hell” What was once bad is now good. Or maybe what … Read more
SunPower's Accounting Troubles Shed Light on Falling Solar Prices – Forbes.com SunPower and other solar companies are feeling the heat of sharply dropping prices for solar panels and taking desperate steps to protect profits. (tags: solar SunPower earnings fraud) Jobless claims high and state fund nearly dry | ajc.com Nearly as many Georgians filed new … Read more