Archive for October, 2007

Vonage Holdings Corporation (VG) finally hitting the bottom?

Wednesday, October 24th, 2007

As you know I have been following Vonage since its IPO. It has consistently trended down for the entire year and a half since. But recently, after briefly dropping below $1 per share, VG bounced hard with heavy volume back close to $3 per share (with a one-day rise of 131.3% on October 8th).
Vonage stock
Maybe it’s just a blip in the downtrend to $0, but it is the best sign of life I have seen since the IPO. If VG can ever get back over $3, I’d be convinced that the down trend has broken.

55 stocks closed at all-time lows

Wednesday, October 24th, 2007

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

Symbol Price Volume Avg. Volume % Vol. Increase
SPSN 7.13 3596157 2218160 %62.12
MOVI 0.14 3177439 2014640 %57.71
SCA 14.45 2948300 784406 %275.86
INPC 0.34 2370699 1710490 %38.59
DFT 21.9 1379100 0 %N/A

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111 stocks closed at all-time highs

Wednesday, October 24th, 2007

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

Symbol Price Volume Avg. Volume % Vol. Increase High Alpha
LFT 32.4 15925726 0 %N/A
HLT 47.48 13841600 5760940 %140.26
CVS 40.32 11641940 10577200 %10.06
GRMN 121.81 7856676 4848920 %62.02
GOOG 675.82 7405808 4867600 %52.14

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41 stocks closed at all-time lows

Tuesday, October 23rd, 2007

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

Symbol Price Volume Avg. Volume % Vol. Increase
VM 12.2 3434800 0 %N/A
INPC 0.38 3187785 1714580 %85.92
QI 9.37 1689000 1663590 %1.52
SCA 16.64 1585200 741392 %113.81
MOVI 0.1715 1421304 1993060 %-28.68

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140 stocks closed at all-time highs

Tuesday, October 23rd, 2007

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

Symbol Price Volume Avg. Volume % Vol. Increase High Alpha
AAPL 186.16 64029804 37789400 %69.43
RIMM 124.53 45869592 21618400 %112.17 *
BIDU 349.9 7617655 5828950 %30.68 *
HLT 47.4 7205000 5791830 %24.39
GOOG 675.77 6794608 4795290 %41.69

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54 stocks closed at all-time lows

Monday, October 22nd, 2007

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

Symbol Price Volume Avg. Volume % Vol. Increase
NED 16.57 4036450 0 %N/A
STV 37.84 4022400 0 %N/A
ANPI 4.26 3820864 627910 %508.50
WCI 5.24 2291200 1503560 %52.38
SCA 17.92 1941500 718890 %170.06

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56 stocks closed at all-time highs

Monday, October 22nd, 2007

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

Symbol Price Volume Avg. Volume % Vol. Increase High Alpha
AAPL 174.36 58119568 37633800 %54.43
HLT 47.36 7459600 5852520 %27.45
GOOG 650.75 6652411 4779740 %39.17
ADBE 47.12 5481540 7096170 %-22.75
STLD 51.1 3741238 1724320 %116.96

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links for 2007-10-22

Monday, October 22nd, 2007

Humanity is not the solution of evolution

Sunday, October 21st, 2007

Here’s an interesting idea that I thought about the other day. What if humans aren’t the smartest species on Earth? What if something else has evolved that is smarter? Maybe we just don’t recognize them - like an ant doesn’t recognize us. Isn’t it possible? Imagine that something god-like has evolved from us already - we just don’t see or notice them because we are too dumb to understand or comprehend it.
I think it is definitely possible. Humans are very egocentric. We think that evolution’s goal was to make us - the smartest things in all of history. Million and millions of years were spent refining what we are today. Maybe an ant thinks the same thing about themselves, not realizing that we are much smarter than them.
Perhaps there is something godlike living amongst and around us right now.
Even if there isn’t already, I believe there will be someday. This is part of the idea of the Singularity - we are evolving quickly. Something much greater than us will eventually emerge, just as we have evolved from bacteria.

Kasparov interviewed by Bill Maher

Sunday, October 21st, 2007


He was also in Philadelphia this week.