Blogvesting

Ark Restaurants (ARKR) runs 20 restaurants and bars, and 30 other food operations, including fast food restaurants, food courts, and wholesale and retail bakeries. The company owns operating leases at some of the most prominent and well-trafficked locations in the US, including Bryant Park Grill and Café and The Grill Room (next to the [...]

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I’ve been following GEOY for quite a few months now, and every month on or near options expiration, the stock takes a beating and closes near an option strike price. Numerous academic studies have shown that on options expiration Friday, stock prices tend to close around option strike prices. This does not happen with stocks [...]

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Division of labor has played an large role in the economic achievements of mankind. The ability to specialize and accumulate knowledge in a narrow domain has allowed incredible efficiency gains that have lifted living standards for all of us. When I want to get a pair of shoes or a new shirt, I do not [...]

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Since I published my last post about AMTD, I have received an earful from many Ameritrade’s clients who have been burnt by auction rate securites (ARS). Let me be clear from the start : I am embarrassed that I have committed a factual error in my last post. Ameritrade did indeed actively solicit ARS investments [...]

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TD Ameritrade (AMTD) is a leading discount brokerage in the US, and competes for a slice of the $25 trillion US retail investing market. Brokerages make their money from two major sources, transaction-based revenue and asset-based revenue. Transaction-based revenue refers to commissions from trades, and asset-based revenue refers to interest from clients’ margin and cash [...]

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