I do not know how people can be so insane about Candy crush that Candy Crush Saga, made its pitch to potential investors for its initial public offering couple of days back, revealing in a U.S. Securities and Exchange Commission filing just how good its business has been. By the way I don’t like the Candy crush invite on Facebook.
Every month, millions of people download King’s free apps, only to pay up for little digital trinkets that help them make progress in its games. People managing huge investment funds are probably just as hooked as the rest of us on those blinking jelly beans.
The way people changing taste social network and IT gaming companies en-cashing the opportunities, Facebook and Whats-app is a different story in line would put up with details soon. Continue reading “The Candy Crush: King milking out Candy”
In the past years my posts on 14th February some way or the other have been in conversations between Love and Finance, my last post in 2013 on Feb 14th was a kind of open proposal expression through the priceless charts Love you by Finance Market Professional : Valentine day! , also today my blog turned-up 6 years old, and my first ever post was on the Mergers and Acquisitions in India! and the government policies .
Getting back to the topic for today A few years ago, somebody asking this question on market timings would have been dismissed as a nit-picking nerd, but today that question has become extremely important. Last week, the Wall Street Journal’s Money Beat blog ! carried an interesting story about how this difference cost a trader $100,000. Continue reading “At What Time the Market closes 4:00:00 PM or 4:00:01 PM”
Matt Levine through the deal maker did lovely story of Facebook IPO on Nasdaq . The First few pages are worth a read . Here are the details from SEC account
In a typical IPO on NASDAQ, shares of the issuer are sold by the IPO’s underwriters to participating purchasers at approximately midnight and secondary market trading begins later that morning. Secondary trading begins after a designated period – called the ‘Display Only Period’ or ‘DOP’ – during which members can specify the price and quantity of shares that they are willing to buy or sell (along with various other order characteristics), and can also cancel and/or replace previous orders. The DOP usually lasts 15 minutes… Continue reading “SEC on Infinite Loop Of Facebook IPO”
The Financial Services Industry as a whole have been facing criticism in somewhat or in different form. In the mean time
we are trying to see the industry from the Behavioral prospective and trying to break the problems as follows:
• Simplicity does not pay well: Investing should be relatively simple: Buy broad asset classes, hold them over long periods of time, re balance periodically, get off the tracks when the locomotive is bearing down on you. The problem is its easier in theory than is reality to execute. And, it is difficult to charge excessive fees for these services.
• Confusion is not a bug, it’s a feature: Thus, the massive choice, Continue reading “Financial Services Industry where it has gone wrong”