Wednesday, April 26, 2006

First Chipotle Now Outlet McDonalds

From The Onion.



GURNEE, IL—Hungry shoppers at the Gurnee Mills outlet mall can now get a name-brand lunch at a bargain-basement price, thanks to the Monday opening of McDonald's first "Not Quite Perfect" outlet store, offering imperfect and irregular items from the fast-food giant's menu.

Enlarge Image
The new outlet store.

"It's true that consistency is part of what makes McDonald's the leader in the fast-food industry, but so is good value," said Brian Landers, manager of the McDonald's outlet. "When customers see the low, low prices, they're more than willing to give our Six-Piece Quarter Pounders and Fish McGriddles a try. The food's a little different at this McDonald's, but it's really very close."

Continued Landers: "Now, who's ready for factory seconds?!"

Located next to a Levi's outlet store offering mis-stitched and off-season apparel, the McDonald's outlet will be the destination for all products that do not meet the strict requirements of the restaurant's 30,000 regular stores worldwide.

"McDonald's prides itself on having exacting standards for its products," Landers said. "But throwing away all-carrot Salad Shakers, parallelogram-shaped hash browns, and McRibNuggets seemed so wasteful. With more of our customers struggling to make ends meet, we knew people would appreciate the opportunity to buy these slightly irregular products at irresistibly low prices."

In addition to factory mistakes, the outlet will offer items that were tested in limited markets but never received a wide release.

"We had a warehouse full of meat patties made in the shape of our golden-arch logo," Landers said. "A young, quickly fired executive thought it would be a good idea to make an 'M'-shaped burger, but it was expensive to produce, and depending where you took a bite, you had a very good chance of getting no beef. Plus, who's going to open up a burger just to look at the oddly shaped meat patty? Now, we're thawing them out and serving them up for only 30 cents apiece."

Landers said that, while a number of customers have been wary, the prices are so astounding that "people always come back for more."

"I've seen more than one person approach our firm-serve cones with skepticism," Landers said. "But at 20 cents each, we can hardly keep them in stock."

Landers added, "Once they get over the mental block after eating a flash-frozen pyramid of vanilla ice cream, customers realize they just can't beat these prices."

The outlet store, at 32,000 square feet, is the largest McDonald's in the world. In addition to serving irregular meal items, the outlet store houses irregular McDonald's decor.

Enlarge Image
A $1.99 value meal available at the "Not Quite Perfect" McDonald's.

"These aren't the traditional McDonald's color schemes," Landers said, gesturing to chairs and tables in puce, mottled gray, and army green. "And while some customers make comments about our posters—a printer placed a black child's head on top of a white, elderly cashier's body—well, I think they look very nice once you get used to them."

The outlet also features a shop that sells irregular McDonald's products like boxes of frozen foot-long fries and bags of unsweetened orange-drink syrup.

"The bulk-foods section of the shop hasn't caught on as well as we'd hoped," Landers said. "We think that may be in part a question of functionality. Our 10-gallon buckets of McRib sauce, for example, are reasonably priced, but most people don't have condiment pumps at home. Of course, even those who do are sometimes disappointed to find relish inside."

The outlet's PlayPlace features not-quite-perfect McDonaldland icons.

"Parents worry about our ball pit, but those triangular balls meet Illinois minimum-safety requirements," Landers said. "What we've really gotten complaints about are the statues of the McDonaldland characters. Ronald McDonald's eyes were put in wrong so he's looking in two different directions, our Grimace is pink, and for some reason, the Hamburglar has no teeth."

In spite of the few complaints, most outlet patrons say the bargain prices are well worth enduring the irregular food.

"It's not like the meat's tainted," said Mack Vesper, a longtime McDonald's customer. "A Quarter Pounder on a half-size seedless bun tastes just as good. And, while the gray Shamrock Shake took some getting used to, once you realize that you're getting all the flavor at an eighth of the price, you adapt. Besides, who looks at the color of the shake once you start drinking it?"

Some customers said the "Not Quite Perfect" McDonald's is not for them.

"I'll never take my children there again," said Anita Sibakis, mother of three. "They opened up the Happy Meal and there were headless Mulan figurines in there. It scared the bejesus out my youngest."


Ford is Made up of Idiots


It's bad enough they blew $1 billion trying to make their Jags all alluminum but they still look like a Ford Tempo. Anyone with money would never be caught in a Jag. They are presently in the early stages of ruining Volvo. When I was looking at a Volvo I recently got a few whispers from sales people. One said Ford is leaving Volvo alone and just stealing the safety features and letting the old Volvo people do what they do best. Another person at a dealer said buy one of these quickly because right now they are fantastic cars but give Ford 5 years and they'll screw up the whole brand. I passed on the Volvo S60 and went with the BMW 545 but I had no respect for Ford and now I flat out think they suck.


How to Protect Your Kids On the Internet


I have come up with an incredible way to protect your kids from preditors on the internet. Spend time with them and raise your child to make intelligent decisions. Every night spend some time with them and actually talk about things. Talk about right and wrong, good and bad. Talk about certain situations and the decisions to be made. Punish them when the do wrong and praise them when the do right. Give them hugs, yell at them. Explain every decision and why it was made and what consequences would be result with an alternative approach. Educate your child about life and love. Have a mother and a father equally take part and share in raising that child. It's not fullproof but you'll sleep better at night.


Celebrity vs Money

America is being dumbed down. People would much rather know if Jessica Simpson is sleeping around than how to invest in something that would give them a guaranteed 10% return. It is no wonder that the average credit card debts of Americans are $9,000. More people are employed than ever and are making more but would much rather spend their time reading about people that make more than them than try to achieve a secure financial future . People Magazine subscriptions fly off the shelf while Forbes, although well read, has to basically give it away to move copies. The blogging world is no exception. Celebrity blogs are the most read of all blogs. We all love to see a nipple slip or a celebrity acting the fool. TraderMike has a nice blog but it doesn't quite have the appeal to the masses that a Bricks and Stones does. America likes to have fun and technical jargon is no fun. A picture of fat ass Britney Spears is fun. I'll never have the technical expertise that many of the trading and market sites out there and I don't want to be a complete waste of time like the gossip sites. I do love money and I enjoy the fun and games of many of the humor sites and as you can see I just try and have some fun and games with money. As long as I can make money I can play as well. Take away either one and life is not quite as nice. Problem with America? They want to make enough money to pay today's bills and have fun. No more, no less.


Tuesday, April 25, 2006

Salesforce Stock Price is Too High

Insiders are selling way too much. P/E is very high. Forward P/E is even higher. This stock is only propped up because there are so many shorts that every time it moves higher there is a squeeze. I will be adding to the short soon.


I love this Game

I call it one picture with clothes and one without. It takes away all the imagination but the game is still fun.


What Would Soros And Buffet Do?

From the Big Picture

Their beliefs on investing and what it take to become
a master investor:

1. Believes the first priority is preservation of capital.
2. As a result, is risk-averse.
3. Has developed his own investment philosophy, which is an expression of his personality. As a result, no two highly successful investors have the same approach.
4. Has developed his own personal system for selecting, buying and selling investments.
5. Believes diversification is for the birds.
6. Hates to pay taxes, and arranges his affairs to legally minimise his tax bill.
7. Only invests in what he understands.
8. Refuses to make investments that do not meet his criteria. Can effortlessly say 'no'.
9. Is continually searching for new investment opportunities that meet his criteria and actively engages in his own research.
10. Has the patience to wait until he finds the right investment.
11. Acts instantly when he has made a decision.
12. Holds a winning investment until a pre-determined reason to exit arrives.
13. Follows his own system religiously.
14. Is aware of his own fallibility. Corrects mistakes the moment they arise.
15. Always treats mistakes as learning experiences.
16. As his experience increases, so do his returns.
17. Almost never talks to anyone about what he's doing. Not interested in what others think of his investment decisions.
18. Has successfully delegated most, if not all, of his responsibilities to others.
19. Lives far below his means.
20. Does what he does for stimulation and self-fulfilment - not for money.
21. Is emotionally involved with the process of investing; but can walk away from any individual investment.
22. Lives and breathes investing, 24 hours a day.
23. Puts his money where his mouth is. For example, Warren Buffet has 99 per cent of his net worth in shares of Berkshire Hathaway; George Soros, similarly, keeps most of his money in his Quantum Fund. For both, the destiny of their personal wealth is identical to that of the people who have entrusted money to their management.


Crazy Days


Spring is my Christmas. Part time trader turns into no time trader this time of year. As many of you know I'm a nursery owner full time and spring is our busiest time. I won't bore you with the countless hours I work but needless to say the blog is going to suffer until the end of May. I will continue to try to update it as often as possible but it will suffer. I'll do this best I can with it. I lose my sense of humor when I get this tired.


Thursday, April 20, 2006

Options Expiration Means Crazy Trading


Great time to make some money or lose your ass. I'll stay away for the next two days


Go Organic

It's back. Organic product made a big splash 10 years ago but were too expensive and people weren't willing to pay for them. People are now and the products are much more available. Wal-Mart is expanding their organic line. I don't have a list of organic stocks I like but I will be starting my research soon. If you have one put it in the comments.


Not Too Bad

So far over the last week I said. 1. I thought the market was going to have a good week (it did). 2. Apple was going to do well (although I thought the quarter was going to be bad but from this point on huge) 3. I was going long oil (record high). 4. I said short CME (not down but not really up either) 5. I said short Wendy's (not really determined but up 1.50 on Tuesday and I just happened to get the short in late and got in the latter part of Tuesday but if you got it in when I typed it in you're down. Overall been a great week. Warm weather is much more fun


Wednesday, April 19, 2006

Greed is Good. Watch it One More Time


History of the Stock Market Video Part 1


Five International Companies That Look Cheap

According to Forbes these five companies look cheap. Notice the phone and telecom stocks.

Link HERE


Taking Risk or Just Being Stupid


Sometime I wonder if playing earnings are a calculated risk or just being stupid. I think OVTI and OPWV are going to have fantastic earnings and even more importantly great guidance.


Bears Get Their Asses Handed to Them

The sky is falling the sky is falling. The bears love being negative. They certainly didn't see it coming today and I think alot of them said "screw it" and covered today. They can name every reason why the market should be down and yet the bulls always bring it right back up. They may be doing it on credit cards but people are out there spending. I don't judge a country on how many customers come into our nursery but I certainly get a slice of what's going on and get to talk to 200-300 people every day. I just don't get the cry that America is in turmoil. The poor have never been in the market and they will never buy anything more than groceries and the basic necessities in good times or bad. This is a problem in America but has no impact on the market whatsoever. We in the market are more concernend about those with disposible income and whether it's increasing or decreasing and what they are spending it on. I am seeing more than ever people putting money into their home and their technology. I have seen less new model cars than usual over the last few years. I also notice the least amount of American made cars than I can remember. How do I know? I look for these kind of things. I love making money and I can make more if I pay attention to what people are buying . How do I know? I ask.


Tuesday, April 18, 2006

Short Wendy's

This is just the beginning of the big hurt.


Corporate Blogs Are Worthless

There is a reason why blogs are popular. People can post whatever they want, whenever they want and nobody can say otherwise. The media is getting beat to the punch on news and information by bloggers everywhere. So what is media trying to do? They are trying to put up sites that imitate blogs or even just plain blogs. The difference is they people on the blog can't curse, be dirty, or say anything that might affend. In short they are regulated by the company that pays their salary. It never works and sites like OfficePirates try to be "off the wall" but they are just plain boring compared to Ernie's House of Whoopass. The media and corporate America are in trouble and are losing eyeballs to their old bored eyeballs with a blogger account.


Shorting CME

I like the Merc. I love it. It is a great place to trade and visit but it has run a bit high. I will be buying puts here in the next few days. My Apple calls aren't working out but this is not short term. The Merc are going to be May puts. Just my play. Do with it what you may


Apple's Boot Camp Is Development of the Decade

I can't stress enough the importance of Apple computers being able to run Windows and Tiger. There is no reason that everyone shouldn't own a Mac now, other than price. People that get tired of using Windows can now use Tiger like they've always wanted but can switch at any time to get the work done on the Windows platform that their company has forced them to use. Gamers can now play games with a computer that is faster than all but the most souped up Dells. They can now present with the best presentation software out there Keynote. The only people that are going to get hurt are the people that make a living porting over Windows software over the Tiger. Many of those programs won't have to be ported because people can just run them in their native platforms. You aren't going to see the results of all of this in the present quarter or even next quarter but by end of year it is going to be huge.


Another Fun Online Game to Play

Go Here to Play Four Second Draw


Monday, April 17, 2006

Taking The Leap


Getting back into Apple and Sandisk


Earnings Season

I like to play an occasionaly earnings here and there (not too much because its very risky) but here are a few on tap for today. Citigroup already had great numbers.

Channell Commercial Corporation CHNL N/A Time Not Supplied Add Listen
Chemical Financial CHFC 0.49 Before Market Open Add
Citigroup Inc. C 1.02 Before Market Open Add Listen
Compass Bancshares CBSS 0.84 After Market Close Add
CROWN HOLDINGS INC CCK 0.13 After Market Close Add Listen
Digi International Inc. DGII 0.13 After Market Close Add Listen
East West Bancorp EWBC 0.53 After Market Close Add Listen
Eaton ETN 1.32 Before Market Open Add
ECC CAPITAL CORP ECR 0.16 After Market Close Add Listen
Equity Lifestyle Properties, Inc. ELS 0.93 Time Not Supplied Add Listen
Exponent EXPO 0.45 After Market Close Add
First Defiance Financial Corp. FDEF 0.50 Time Not Supplied Add Listen
Franklin Electric FELE 0.33 Time Not Supplied Add
Genuine Parts GPC 0.66 Before Market Open Add
Hdfc Bank Limited HDB N/A After Market Close Add
Husky Energy HSE.TO 1.55 After Market Close Add
Innovex INVX 0.01 Time Not Supplied Add
Knight Ridder KRI 0.59 06:30 am ET Add
Lakeland Industries LAKE 0.36 Before Market Open Add
LSB Bancshares LXBK 0.27 Time Not Supplied Add
Macatawa Bank Corporation MCBC 0.53 After Market Close Add Listen
Marshall & Ilsley MI 0.77 Before Market Open Add
Park National PRK 1.68 Time Not Supplied Add
Pharmaceutical Product Development PPDI 0.35 After Market Close Add
PrivateBancorp, Inc. PVTB 0.42 Before Market Open Add
Regions Financial Corp. RF 0.62 Before Market Open Add Listen
RSA Security RSAS 0.13 After Market Close Add Listen
S&T Bancorp STBA 0.55 09:00 am ET Add
Sharper Image Corporation SHRP 0.43 Time Not Supplied Add Listen
Source Interlink Companies SORC 0.29 After Market Close Add Listen
South Financial Group Inc TSFG 0.35 After Market Close Add
StockerYale STKR N/A Time Not Supplied Add
Student Loan STU N/A Before Market Open Add
Sun Bancorp (New Jersey) SNBC 0.21 After Market Close Add
SunTrust STI 1.43 Before Market Open
TATA CONSULTANCY SERVICES KTD TACSF.PK N/A Time Not Supplied
Texas Regional TRBS 0.41 Before Market Open
Universal Forest Products, Inc. UFPI 0.63 After Market Close
Vascular Solutions, Inc. VASC -0.10 After Market Close
Vasogen VSGN -0.22 After Market Close
Vyyo VYYO -0.37 After Market Close
W.W. Grainger GWW 0.88 Before Market Open
Wachovia Corporation WB 1.12 Before Market Open
WAH LEE INDUSTRIAL CORP 3010.TW N/A 02:30 am ET
WAH LEE INDUSTRIAL CORP 3010.TW N/A 02:30 am ET
Wegener WGNR N/A Before Market Open
Werner Enterprises


Positive Week Coming


Here is the most unanalytical analysis of the upcoming week you will read. I see a positive week ahead for the stock market. Here is why. The weather was beautiful across the country and was unseasonably warm. People were out everywhere. They were in shorts and out shopping. If the nursery was any indication of what the economy is going to be this summer, then things are going great. Warm spring weather makes people feel good and puts them in a positive mood. I think this will translate to a positive week. There may be some news in there too. By the way I took this picture of a dove sitting is a flowering crab. I don't know why but it came out pretty cool.


He Must Not Be Very Important

From CNNMoney.com

NEW YORK (CNNMoney.com) - While the average American takes less than three weeks off each year, Wal-Mart chief Lee Scott is reportedly planning a month long getaway.

But some are defending Scott's extended R&R, noting how executives in high stress positions need time to unwind and how American's don't get nearly as much time off as their foreign counterparts.


"Some expect CEOs to be chained to the desk. Most put in 12 or more hours a day, often working seven days a week," John Challenger, head of employment consulting firm Challenger, Gray & Christmas, said in a statement. "But we should want leaders in high-pressure situations to have time to decompress."

Challenger said that with advances in technology, in all likelyhood Scott will be working while on vacation anyway.

Wal-Mart (Research) did not immediately return calls seeking comment.

And Challenger's statement noted that on average, Americans get 16 days of vacation a year. And 30 percent of workers don't even take all their allotted days.

It contrasted that with other developed countries, where it said vacation time is mandated by law. Spanish workers get 30 days off each year, while those in Austria get 25 and Switzerland get 20, the statement said.


Saturday, April 15, 2006

Shakira's Hips Are Amazing


I go into a trance watching those things. It makes me want to go to Columbia to see if all the women can shake it like that. Just kidding, I have no desire to go to that crazy place. Watch her new video "Hips don't lie"


BackYard is Coming Along


Been working on it a while. Looking forward to a day off on Sunday to do some work on it.


French Are Lazy and Won't Work Until 30

Ok I have a friend who is on sabbatical in France for 6 months and he's come home to run the Boston Marathon on Monday and we had a nice morning run and discussed France and it's people. France gets a bad rap here in the US because they hate us and they are a bunch of wimps but there's more. First, every kid wears black. His daughter wears different colors to school but every kid in the school other that his daughter wears all black. Second, there are homeless young men everywear. French men somehow feel they need to see the world and most feel it is a sin to work before 30. Third, their work week is ridiculous. They hardly work and still complain they are working too much. Fourth, the women eat like pigs and still have incredible bodies. He said he went to one of their workout classes and almost laughed. He said he got more of a workout walking to the gym than they got in the class. Fifth, the have the best pastries in the world. Sixth, everyone in the frickin country smokes. From 13 on, they all smoke. And last, they can't let go of the Franc. Everything is still priced in Francs even though there are no longer Francs in ciculation. Idiots. This guy is as open minded as anyone I know and he thinks the French are as bad or worse than they have been stereotyped. America is fat no doubt but I'll take fat over that nasty ass country.


Best Jobs in America I Don't See Nurseryman

I guess nurseryman/trader didn't make the list last year. Made more than anyone on the list in the top 50 though. I think the trader added more to the kitty than the nurseryman side. I get paid about $5 an hour with the kind of hours I've had to put in this week. Here's the list. First column is job growth over the next 10 years and second is average salary.

(add in) Blogger for Wallstreetfighter.com 0% $142.30
1 Software engineer 46.07% $80,427
2 College professor 31.39% $81,491
3 Financial advisor 25.92% $122,462
4 Human resources manager 23.47% $73,731
5 Physician assistant 49.65% $75,117
6 Market research analyst 20.19% $82,317
7 Computer/IT analyst 36.10% $83,427
8 Real estate appraiser 22.78% $66,216
9 Pharmacist 24.57% $91,998
10 Psychologist 19.14% $66,359
11 Advertising manager 20.34% $107,049
12 Physical therapist 36.74% $54,883
13 Technical writer 23.22% $57,841
14 Chiropractor 22.40% $84,996
15 Medical scientist 34.06% $70,053
16 Physical scientist 12.18% $80,213
17 Engineer 13.38% $76,100
18 Curriculum developer 27.53% $55,793
19 Editor 14.77% $78,242
20 Public relations specialist 22.61% $84,567
21 Sales manager 19.67% $135,903
22 Optometrist 19.73% $93,670
23 Property manager 15.30% $78,375
24 Actuary 23.16% $81,509
25 Writer 17.72% $60,519
26 Social service manager 25.52% $74,584
27 Paralegal 29.75% $61,204
28 Health services manager 22.76% $92,211
29 Advertising sales agent 16.33% $112,683
30 Physician/Surgeon 23.98% $247,536
31 Management analyst 20.12% $63,426
32 Occupational therapist 33.61% $51,973
33 Mental health counselor 27.18% $53,150
34 Landscape architect 19.43% $50,383
35 Biotechnology research scientist 17.05% $66,393
36 Urban planner 15.17% $60,891
37 Lawyer 14.97% $153,923
38 Speech-language pathologist 14.57% $58,329
39 Meeting and convention planner 22.21% $56,072
40 Dietitian/Nutritionist 18.30% $52,244
41 Biological scientist 17.03% $61,317
42 Financial analyst 17.33% $66,203
43 Dentist 13.52% $122,883
44 Accountant 22.43% $62,575
45 Environmental scientist 17.11% $59,027
46 Lab technologist 20.53% $51,502
47 Registered nurse 29.35% $68,872
48 Sales engineer 13.96% $78,875
49 Veterinarian 17.39% $79,923
50 School Administrator 14.55% $73,767


Friday, April 14, 2006

Obvious Story Of the Day: Newspaper Sales Down


As if anyone didn't know this was coming but newspaper businesses are hurting. Readers are down yet they are still trying to get the same ad rates as in the past. As an advertiser I want to reach different demographics and the one I want to reach actually still reads the paper each day but most young people have no interest. They are all net. The net provides the news, entertainment, and communication they want.


I Hate Tax Time

I get so tired of hearing people tell me how much money back they get and what they are going to buy with it. Since when did Uncle Sam become a savings account? Why do I want the government to hold my money and give me no interest while they do it? Do they not have the ability to save it? I never have quite understood the "I don't carry cash because I'll spend it" mentality. Does money burn that big a hole in everyone's pocket? Do people actually not buy things because they don't have the cash on them? Getting back to the taxes. I was fortunate enough to make a lot of money this year. Most of it was trading options. I can't get over how much money the government gets for that. I gave the government 60K of my money for trading this year and they did absolutely nothing. I don't mind the paycheck taxes but the trading money irks me. I take all the risk and they benefit. I never thought I supported a tax on spending but I do now. I could keep the money and keep trading. The wash rule is a total joke as well. It may work for people trying to avoid taxes but 90% of the money is made from traders that have no intent on avoiding taxes, they are just getting in a out of stocks and options. This giant check I am writing will not give me more roads, better schools, or more services. It just puts me in a class that makes me more likely for an audit in which they are going to try and get more money out of me. They can't, my accountant made sure.


Invest in Sugar

I have talked about sugar for quite a while. Here is a great article on what companies to invest in if you want to take advantage of the rising sugar prices. Here


Detroit Sold For Scrap

You have to read The Onion. There are some funny articles like this one over there.



TROIT—Detroit, a former industrial metropolis in southeastern Michigan with a population of just under 1 million, was sold at auction Tuesday to bulk scrap dealers and smelting foundries across the United States.

Enlarge Image
Site of the former Detroit Museum of African-American History, which took in over $135.

"This is what's best for Detroit," Mayor Kwame M. Kilpatrick said. "We must act now, while we can still get a little something for it."

Once dismantled and processed, Detroit is expected to yield nearly 14 million tons of steel, 2.85 million tons of aluminum, and approximately 837,000 tons of copper.

The decision to demolish and cull Detroit for scrap was approved last month by a 6-3 City Council vote after a cost-benefit analysis revealed that, as a functioning urban area, it held a negative cash value.

According to scrap dealers, Detroit is an aging city in fair-to-poor condition, with "substantial wear and tear." It also bears the marks of extensive fire and rust damage, and it may not comply with current U.S. safety and emissions standards.

"There's little interest in the Detroit collectibles market right now, because virtually none of it is in mint condition," independent actuary and appraiser Arnold Cortier said. "The library, for example, is almost a hundred years old. If they're lucky, they'll cull some lead or pig iron."

Even structures in reasonably good condition will be scrapped, including the landmark Guardian Building. A last-minute attempt to spare it fell through late Monday when historical preservationists failed to put together the funds to tow the skyscraper out of town.

Other cities, such as New York, Chicago, and Los Angeles, did not bid, explaining that they already had too many historic Art Deco buildings of their own.

Scrap processors and brokers called the auction a "win-win" situation.

"Detroiters can finally say goodbye to an eyesore that's blighted them for generations," said Al Ranneke, an Allegheny, PA scrap peddler who offered cash for hundreds of tons of the city's many metal parts. "No more getting nickel-and-dimed to death on little repairs, no more kids cutting themselves on jagged, rusted corners, and it all gets hauled off at no charge."

Enlarge Image
Scrap dealer Vernon Mills pledged he would not "miss out on a good deal" as he hauled away what's left of Detroit's East Side.

Ranneke acquired several Detroit commercial districts and the steel-and-glass 1970s-era Renaissance Center for $4,000.

"I did them a favor," Ranneke said. "Believe me, Detroit's been around the block. I was willing to take it off their hands for six grand, but I caught a glimpse of that Ambassador Bridge and I said 'no way.' I am not Santa Claus."

Another company, Bayonne, NJ's A-1 Salvage, purchased the recently vacated Tiger Stadium for approximately $.17 a ton. A spokesman for the firm said that the People's Republic of China had expressed interest in purchasing the dismantled sports venue. China is the world's largest buyer of scrap metal, and could receive up to 80 percent of the city.

The city's pending shutdown will make thousands of items with no scrap value, and several train-cars full of law enforcement equipment such as handguns, battering rams, and police clubs and riot suits, available to other buyers.

Residents whose homes and businesses are scheduled to be razed will be offered jobs in demolition and debris clearance to compensate for lost income. It is expected that the approximately 7.6 percent of the population that is currently unemployed will be able to start immediately.

The official demolition of Detroit's remaining structures will begin April 17.


New York Fashion Problem

I like this blog "Things that make you go HMMM". She has a good sense of humor. Not sure if she's the cute girl in her picture though. If not HE still has a good sense of humor.


Thursday, April 13, 2006

Busy Day

Had and have a bunch of work to do today. Not much time to post so enjoy some of the past stories. There are some pretty funny ones in there.


Wednesday, April 12, 2006

I Forgot. I Told You I Was Going Long Oil Here's How

Here's a great article on how to do it. Link


Arrested Twice for Insider Trading by 29?

This is ridiculous. This guy needs to see some time behind bars. The rest of the felons are under 30 also. The story is below

April 11 (Bloomberg) -- Federal prosecutors arrested two junior employees at Merrill Lynch & Co. and Goldman Sachs Group Inc. for running a $6.7 million insider trading scheme.

Stanislav Shpigelman, 23, an analyst with Merrill's merger and acquisition division, gave secret information on about six pending takeovers to Eugene Plotkin, 26, an associate at Goldman's fixed-income research unit, and former Goldman analyst David Pajcin, 29, according to a complaint by U.S. Attorney Michael J. Garcia unsealed today. Pajcin, previously arrested for insider trading, is cooperating with Garcia's office.

The defendants netted $6.4 million from trading on the merger information. Plotkin and Pajcin also participated in a $340,000 operation in which they found out the names of stocks recommended by Business Week magazine before it was published, the complaint said.

The arrests are ``one of the most extensive insider trader cases in this district in decades,'' Garcia said at a press conference. Noting that the merger market is heating up and that there are ``still some people out there motivated by greed'' he said that ``memories of the industry in some cases seem to be remarkably short.''

The M&A part of the scheme involved five deals announced in 2005 involving Merrill clients: Procter & Gamble Co. and Gillette Co.; Eon Labs Inc. and Novartis AG; Cinergy Corp. and Duke Energy Corp.; Adidas-Salomon AG and Reebok International Ltd.; and Quest Diagnostics Inc. and LabOne Inc. A sixth deal, in which Amgen Inc. sought to acquire Celgene Corp., was unsuccessful.

Pure Greed

Andrew Arena, a special agent at the Federal Bureau of Investigation, said at the press conference that at 1:45 a.m. on Feb. 21, 2005, a Merrill supervisor, whom he didn't name, sent around a ``congratulations team'' e-mail about the Novartis/Eon deal, which was announced that day.

``Unbeknownst to that supervisor, Shpigelman had already passed along the playbook and the game plan,'' Arena said. The defendants' motion was ``pure greed,'' he said.

Juan Renteria, 20, an employee at Quad Graphics, a Hartford, Wisconsin, printing plant where Business Week was printed, was also arrested and charged with insider trading.

Renteria and another printing-plant employee, Nickolaus Shuster, 24, gave Plotkin and Pajcin ``the names of stocks favorably mentioned in Business Week's `Inside Wall Street' column one trading day before the column was available to the public,'' according to the complaint. About 20 stocks were involved, the government said. The defendants and others gained at least $340,000 from that scheme, the government said.


OpenWave Gets Cramerized

More confirmation that OPWV is headed in the right direction.


More Useless facts

The liquid inside young coconuts
can be used as a substitute for
Blood plasma.


No piece of paper can be folded in half
more than seven (7) times.

You burn more calories sleeping
than you do watching television.

Oak trees do not produce acorns
until they are fifty (50) years of age or older. (this one is not true)

The first product to have a bar code
was Wrigley's gum.

The King of Hearts is the only king
WITHOUT A MOUSTACHE

American Airlines saved $40,000 in 1987
by eliminating one (1) olive
from each salad served in first-class.

Venus is the only planet that rotates clockwise.

(Since Venus is normally associated with women,
what does this tell you!)


Apples, not caffeine,
are more efficient at waking you up in the morning.

Most dust particles in your house are made from
DEAD SKIN!

The first owner of the Marlboro Company
died of lung cancer.

So did the first " Marlboro Man. "

Walt Disney was afraid
OF MICE!


PEARLS MELT
IN VINEGAR!


It is possible to lead a cow upstairs...
but, not downstairs.

A duck's quack doesn't echo,
and no one knows why.

Dentists have recommended that a toothbrush
be kept at least six (6) feet away from
a toilet to avoid airborne particles
resulting from the flush.

(Good thing I use my finger!)


And the best for last.....

Turtles can breathe through their butts.
(I know some people like that, don't YOU?)