H******i
发帖数: 4704 | 1 Qihoo 360 Responds to Citron Research Report
5:07 PM Eastern Daylight Time Nov 01, 2011
BEIJING, Nov. 1, 2011 -- Qihoo 360 Technology Co. Ltd. ("Qihoo 360" or the "
Company") (NYSE: QIHU), the No. 3 Internet company in China as measured by
active user base, today announced that it strongly disagrees with a recent
story that appeared on the Citron Research homepage.
The Company believes the article contains numerous errors of fact and is
riddled with unsupported speculations. The Company would li... 阅读全帖 |
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l***x
发帖数: 393 | 2 How about Dow Chemical (DOW)?
I would think it has good prospectus in the middle-long term. |
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c*******y
发帖数: 1630 | 4 我自己很少做股票，所以对VIX的几十种（应该超过20种了）ETF不是特别了解，但是如
果要炒作任何一种ETF，我会事先去读一下官方的prospectus。
VXX我是仔仔细细阅读了一下。知道每月的rolling over加上future的premium减少一定
程度上能解释VXX的单调衰减。当然还有管理费，一年0.89%的管理费其实并不少。要知
道SPY只有0.095%一年的管理费。
不过我以前的认识也有错误的地方，绝大部分VIX ETF都是track某些VIX futures组合
的index。实际上issuer也是用futures来hedge自己发行的shares。而VIX futures是0.
05一个tick，相当于50块钱，考虑到一个contract本身面值只有2万多（当前价位），
50块钱是非常差的设计，但是没有办法，目前交易所规则如此。我原以为rollover，相
当于back spreading，是要承受至少0.05+0.05（第二个月份流动性更差，spread可能
会大于一个tick）的spread，大致相当于100/20000=0.5%的交易成本，所以每个月
rol... 阅读全帖 |
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a*********e
发帖数: 697 | 5 "the secondary offering is the first time Zynga executives will be able to
participate. According to its prospectus, Zynga’s chief executive, Mark
Pincus, is selling 16.5 million class B shares, or roughly 15 percent of his
holdings.
Zynga’s chief operating officer, John Schappert, who joined the company
last April, is selling 322,350 shares, or about 45 percent of his stake. The
company’s chief financial officer, David M. Wehner, who joined in 2010,
plans to sell 386,865 shares, more than half ... 阅读全帖 |
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t******g
发帖数: 252 | 6 This is the first paragraph from the Facebook prospectus:
Facebook, Inc. is offering 180,000,000 shares of its Class A common stock
and the selling stockholders are offering 241,233,615 shares of Class A
common stock. We will not receive any proceeds from the sale of shares by
the selling stockholders. This is our initial public offering and no public
market currently exists for our shares of Class A common stock. |
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n******t
发帖数: 1281 | 7 基金就是那些2040，2050啥的吧？
我的帐户就几万块钱，在TIAA-CREF
是不是那种TIAA Traditional买了之后像定期一样几年之内就动不了了？
有没有别的选择可以保证固定收益，但是可以随时动一动的？
谢谢@
Calculate using:
Learn more »Guaranteed
TIAA Traditional
Learn more »Equities
CREF Stock
CREF Global Equities
CREF Growth
CREF Equity Index
TIAA-CREF Growth & Income Fund - Retirement Class
TIAA-CREF International Equity Fund - Retirement Class
TIAA-CREF International Equity Index Fund - Retirement Class
TIAA-CREF Large-Cap Growth Index Fund - Retirement Class
TIAA-CREF Lar... 阅读全帖 |
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f*******i
发帖数: 8492 | 8 我说的YTD 70%是TQQQ，不是QQQ
TQQQ波动比较大，看了prospectus再买，亏了别骂我，呵呵 |
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m******c
发帖数: 2440 | 12 Himax Technologies, Inc. (HIMX) ("Himax" or "Company")
today announced the filing of a shelf registration statement on Form F-3
with the Securities and Exchange Commission ("SEC").
The shelf registration statement, when declared effective by the SEC, will
allow Himax and Innolux Corporation, one of the Company's major shareholders
and largest customer, the flexibility to potentially offer and sell from
time to time in the future, in one or more public offerings, up to 25,472,
673 and 25,399,753 ... 阅读全帖 |
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s*******t
发帖数: 335 | 13 Financing Options for Small Biotechnology Companies
If you are an investor in biotechnology companies, periodic financings are a
fact of life and necessary for the company to survive and be successful.
Nevertheless, there is a belief among some investors that anytime a Company
raises money through issuing shares, it dilutes and harms existing
shareholders. However, issuing new shares is not always a bad thing for
existing shareholders. The willingness of new investors to put money into a
company... 阅读全帖 |
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m********o
发帖数: 2088 | 14 In a regulatory filing the company said, "This prospectus supplement
provides for the resale of 39,075,771 shares of our common stock by Pershing
Square, L.P., Pershing Square II, L.P., Pershing Square Holdings, Ltd and
Pershing Square International, Ltd. We will not receive any proceeds from
the sale of the shares of common stock by the Selling Stockholders.
Citigroup is the book-running manager. |
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m********o
发帖数: 2088 | 15 To sell, not done yet.
In a regulatory filing the company said, "This prospectus supplement
provides for the resale of 39,075,771 shares of our common stock by Pershing
Square, L.P., Pershing Square II, L.P., Pershing Square Holdings, Ltd and
Pershing Square International, Ltd. We will not receive any proceeds from
the sale of the shares of common stock by the Selling Stockholders.
Citigroup is the book-running manager. |
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m******e
发帖数: 536 | 16 昨晚汽车之家ATHM终于把价格订下来了，今天大概就可以交易了。最开始设定是12-14
刀，后来涨到14-16刀，靠!昨天上市晚上把价格定到17刀了,在美发行7.82M股（总股数
大概是96.1M股).
虽然它的流量，营收，利润账面上看得不错，增长也行。但是不知道水分有几大。拿它
现在的一个主要竞争对手易车网BITA（现在也在美国上市）。两者相比表面上汽车之家
的利润要强，但是我觉得从后劲来讲，强不到太多。
易车网BITA一共43.4M股，历史最高位35.04，最低5.09。现在由于增发和汽车之家上市
BITA价格下来了是28.75。汽车之家现在是一共96.1M股，定价17。
我具体的不了太多，但觉得它这个17刀，如果总股数和易车网一样，那这个价基本就是
朝易车网历史最高价的位置订上去的。这个订得是不是太高了，这些人不是太贪了也许
就是太过乐观了。
觉得国内汽车业新车购买的增长未来不会有这几年快乐，它们这种汽车网站的流量增加
也会渐渐慢下来，同时现在同类型或相似的网站竞争会越来越多。所以感觉它这个价太
高了。本来如果它定13刀，我肯定买不少。15刀我也可能买点试水。17刀这个我就不打
算... 阅读全帖 |
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w**k
发帖数: 6722 | 19 按照THE OFFERING那一节里面的数据，以下算法对不对（Yahoo MB上copy过来的）？对
的话，那增发价就是14.16了。
0users liked this postsusers disliked this posts0Reply
$14.16 Offering Price Per Prospectus $14.16
Outstanding shares after offering 80,090,399 (or if over allot exercised
then 81,414,551 of $18,750,000)
Outstanding shares before offering 71,262,715
Shares 80,090,399 - 71,262,715 = 8,827,684
Amount $125,000,000 / 8,827,715 = $14.16 price per share
Over Allotment 81,414,551 - 80,090,399 = 1,324,152
Amount $18,750,000 / 1,324,152 ... 阅读全帖 |
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j*a
发帖数: 14423 | 20 确实不包在内
http://www.sec.gov/Archives/edgar/data/1577552/0001193125141849
Conventions that Apply to this Prospectus
“Alipay” are to Alipay.com Co., Ltd., a company with which we have a long-
term contractual relationship, and that is a wholly-owned subsidiary of
Small and Micro Financial Services Company or, where the context requires,
its predecessor entities. We do not have any ownership interest in, or
control over, either Small and Micro Financial Services Company or Alipay; |
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P*S
发帖数: 381 | 21 你就省省吧，真当这里人啥都不懂。你去数数街上的明星fund manger,哪个能连续不断
地保持至少5年以上100%回报？ 你如果能找出来，再讨论别的。
如果你找不出来，你觉得你就那么强，比华尔街上所有的fund manger都做得好？强在
哪里？所有的fund不管，mutual fund或者hedge fund,至少有prospectus大致说明他们
用的strategy。 你敢大致说说你的stragegy？不用太详细，我们偷不去的。 |
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j********2
发帖数: 1895 | 22 昨天晚上又看了一下，这个是PRELIMINARY PROSPECTUS，还没到增发那一步。希望能和
去年一样，在增发前拉一下，让大家有机会跑路。 |
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a*****1
发帖数: 3134 | 23 you have to sign up for the notice alert first and download the prospectus.
I did it yesterday and it allows me to book today.
在 wxwk (wxwk) 的大作中提到: 】 |
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l*****u
发帖数: 12114 | 25 要不我没看懂大牛的话，要不大牛没看懂衰减。大牛是金融从业人员或者真的看过那些
ETF的prospectus？
思。 |
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b*******b
发帖数: 613 | 26 I guess your cite is from the prospectus of some levered VIX ETN. In such
case, "The long term expected value of your ETNs is zero." refers to the
compounding return decay effect.
Meanwhile, ETN investors also bear the default risk of the debt issuer,
which could also result in substantial losses to investors. This type of
risk applies to all ETNs, levered or unlevered.
as |
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b*******b
发帖数: 613 | 27 建议 上你感兴趣的ETF的网站，把prospectus和对应的index fact sheet看明白，先要
搞明白你买的究竟是什么 |
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c*******y
发帖数: 1630 | 29 你得读读prospectus，看看标的物是什么，roll的时候是怎么roll。
roll的时候所谓的损耗是因为contango，油又不是一直contango
：（八楼上图）
： |
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O***p
发帖数: 1333 | 30 最近google发现USO的还有一个K1的表。
网络上读到的：
As if that’s not bad enough, there’s another surprise to go along with an
ETF like (NYSE:USO). A recent article by Investor’s Business Daily paints
the picture well. A gentleman bought 2,100 shares of (NYSE:USO) in 2008 and
2009 for roughly $84,000 and then sold the position in March 2010 at loss of
$1 per share. He then got a K-1 form that showed he owed almost $29,000 in
capital gains for 2009 even though he didn’t sell any of his position that
year.
You see, sh... 阅读全帖 |
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x****m
发帖数: 33 | 31 不太对，这个问题很困惑，不同的etf 似乎有不同日期，比如uco - 哪位大牛懂给解释
一下？
ProShares Ultra Bloomberg Crude Oil and ProShares UltraShort Bloomberg
Crude Oil are designed to
correspond (before fees and expenses) to two times (2x) or two times the
inverse (-2x), respectively, of the daily
performance of the Bloomberg WTI Crude Oil SubindexSM , a subindex of the
Bloomberg Commodity IndexSM .
The Bloomberg WTI Crude Oil SubindexSM is intended to reflect the
performance of crude oil as measured by
the price of futures contract... 阅读全帖 |
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c*******y
发帖数: 1630 | 32 原油市场还是比较efficient的。现在volatility这么大，多空每天都有机会。捞底也
不是完全不可以,长时间持有甚至死捂，还是算了。
现在term structure这么bearish，12的contango都过四了，不管什么underlying，fut
本身，还是fut组合的index，长期持有都是死的很
惨，这种东西，长期投资要多看看white paper，prospectus。不然亏欠不知道自己怎
么亏的。
UCO的underlying是K5和bloomberg WTI subindex swap, 前者是肯定有roll 损耗的，
按现在的contango算，roll一次，损失10%左右。后
面的swap得看看定义，记得也是以fut 为underlying的index。
自己不懂还不断鼓吹捞底死捂的童鞋，怎么看怎么像自己亏废了，来找垫背的 |
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u******n
发帖数: 5727 | 34 agree. when big money is scared, we as a frog should become brave..
What Will China's $1 Trillion Mutual Funds Buy In Hong Kong -- Barron's Blog
As of the end of April, Chinese mutual funds managed a record 6.2 trillion
yuan in assets.
But with the A-share stocks trading at 26 times historical earnings and the
Shenzhen's Nasdaq-like ChiNext stocks trading at 105 times, Beijing will
want to divert some of this euphoria away.
"Either harsh regulation or simple inaction" could be disastrous, said U... 阅读全帖 |
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g*******e
发帖数: 3013 | 35 买的时候都有warning的
也有prospectus 用于短期交易的
其它不知道
油气都是短期有trend做
不能按年hold 那是只赔不赚的
[在 ahchzg (goingwithwind(男)) 的大作中提到：]
：没有trend,波动大的ETF不太只适合长期3x.
：~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
：........... |
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r********a
发帖数: 691 | 36 就expense ratio吧，那个谁去查查prospectus. |
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s****n
发帖数: 485 | 37 我就觉得很搞笑，ugaz这种高危，剧烈波动，长期decay，只适合日内交易(人家
prospectus写的明明白白)的货，居然有啥也不清楚的人去买,赚钱概率远小于vegas呀
。估计是找不到赌博的门道，买不到vegas机票的人 |
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r**********n
发帖数: 5281 | 38
Core Position
Your core position is where the money in your account is held until you
invest it. Once your account is open, you may have additional core position
options available. As always, you can change your core position at any time
by calling a Fidelity representative.
Select Core Position
FDIC-Insured Deposit Sweep Program
An interest-bearing position that is eligible for FDIC insurance. More
Information
Fidelity® Government Money Market Fund (SPAXX)
A money market mutual fund (not... 阅读全帖 |
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t******e
发帖数: 673 | 39 buy JNUG/JDST together is of course losing money even in a day.
Management 0.75% fee on each one.
Net Expense Ratio: Annual Report 0.95%
Net Expense Ratio: Prospectus 1.01% |
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发帖数: 1 | 40 I am still saying the same point: Gradual increase in VIX or VIX futures is
not a problem because you have enough time to cut loss. Overnight news that
make the SPX gap down 10% or more is what will wipe you out easily because
VIX futures are trading 24 hours and by the time the stock market opens, the
XIV is already closed. The prospectus says XIV will be closed if it drops
80% or more intraday |
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r*****e
发帖数: 7853 | 41 Snap IPO earns millions for Catholic high school thanks to investor dad
Saint Francis High School in Mountain View, Calif., invested $15,000 in
Snapchat’s seed round when the dad, Lightspeed partner Barry Eggers,
invited the school’s board to participate in the seed round with his firm.
Lightspeed invested $485,000 in the round. Lightspeed still owns 81,996,629
shares, according to the prospectus, and has voting rights associated with
its stock. |
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e*******7
发帖数: 347 | 42 买这种基金是不是要交啥管理费啊 多吗 我买一次就给我发一个文档，ProShares，
Summary Prospectus 新
人求解 |
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y*********u
发帖数: 3664 | 43 labu烧不了 可惜
DIREXION DAILY S&P BIOTECH BULL 3X SHARES NEW (LABU)
64.461 [-]down tick
5.761
Prospectus
Bid 64.47 x 2
Ask 64.59 x 1
Vol 1,045,532
AS OF 06/21/2017 10:32 AM ET
Action
Quantity
200
Margin Calculator
Hard to Borrow, Available to Short: 2 Shares
Est. Annual Interest Rate: 4.500%
What do these mean? |
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w********4
发帖数: 60 | 44 What do you guys think? this BABA backed shipping company?
For sure its a big market in China, but just dont know which company to
invest...
BEST Inc's prospectus looks very good. |
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m*********7
发帖数: 293 | 45 Contango/backwardation确实和roll毫无关系，这也是ssww的回帖中所让大家混淆的地
方。
我理解本帖所讨论的主题是VIX的正向ETN为什么会长期下跌（反向ETN同理，只不过反
向还要考虑波动损耗）。以VXX ETN为例，VXX跟踪的S&P 500 VIX SHORT-TERM FUTURES
INDEX，这个指数是短期两个月期货的加权，每天不停的rolling，那么衡量这个指数
return的两个大头就是：1）现货价格的变化；2）roll两个期货带来的yield (>0 if
backwardation , <0 if contango)。
很多东西在产品的prospectus里都说的很清楚，所跟踪index的构建也在产品页写的很
清楚，想了解的话最好先去看看。但其实交易的好坏与懂得多深不一定多么相关，你只
要知道contango情形下vxx会下降就够了，交易的成败取决于你的资本雄厚程度，
market timing的能力还有心理素质好坏。
term
underline |
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m*********7
发帖数: 293 | 46 可是etn的prospectus却明确说了以下一段。如果这么看我还是认为那篇文章说的不准
确。
Changing Prices of the Futures Contracts Included in the Index May Result in
a Reduced Amount Payable at Maturity or Upon Redemption
Each underlying
Index is composed of futures contracts on the VIX Index. Unlike equities,
which typically entitle the holder to a continuing stake in a corporation,
futures contracts normally specify a certain date for delivery of the
underlying asset or for settlement in cash based on the level of the
underlying asse... 阅读全帖 |
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l***8
发帖数: 149 | 48 人家Credit Suisse早就在Prospectus里面强调了
The long term expected value of your ETNs is ZERO。 |
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p******e
发帖数: 528 | 49 我同意你说的，不过难处是如果fund不告诉我说有到底有多少利息是由CA生成的话，
那么其实我只能自己根据prospectus来猜了。。。这样一来自己根本没法知道到底猜
的是对的还是错的。
其实我奇怪的是，fund是不是仅仅不告诉我这个信息，还是说它也不告诉CA。那样
一来就只好是当成外州的muni bond来交税了。只有这样才不会交少了。 |
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