12.13.2010

Bernie Madoff's Son Kills Himself

Mark Madoff, son of infamous Bernie Madoff, is dead at the age of 46, on the exact two-year anniversary of his father's arrest.
Madoff’s eldest son Mark hanged himself Saturday by a dog leash on a metal ceiling beam in his Manhattan loft apartment. The death was officially ruled a suicide by hanging Sunday by the city medical examiner.





Bernie Madoff says he's not attending the funeral because he wants to protect his family's privacy, but the New York Post noted that it's against the prison's rules to let an inmate leave for a funeral, even of an immediate family member, unless the prisoner has two years or less left on their term.
I feel like Bernie said what he said for some good PR, which is a sad thought, but a true one. I think this serves as a cruel lesson to show that a life of deception and greed is not worth living, and that you can ruin your entire family by doing so; not just yourself.

Mental Sickness Break 4

Netflix Stock is Up

Netflix stock has been steadily rising over the course of its lifetime. It seems like a great investment opportunity, as the field of online movie rentals is expanding while physical rentals are declining. The highest point of the stock at $209.24 happened when Netflix announced a new streaming-only option for a different price, as opposed to streaming and mail rentals for more money. This looks to me like a solid opportunity to make money.

12.08.2010

Salesforce, Inc. Stock is Up

Stocks of Salesforce, Inc., ticker symbol CRM, are up higher than usual these days.
This is due to a number of things-- but not much that will hold up over time. It would've been a great idea to invest in mid-November, as you can see-- but now might be a good time to sell short.  It's at the 52-week high, and the yearly patterns don't get higher than this. Buy buying these stocks, you may make some profit, but it doesn't look bound to be much.