Vendaval
Posts: 10297
Joined: 1/15/2005 Status: offline
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There are stocks that are doing well in the recession, 4 of those are Apple, Starbucks, Netflicks and Amazon. "The Recession's Early Winners" March 23, 2009 "The market's having a dramatic rethink. Shares in cellular companies have jumped about 40%, on average, from their November lows. During that time the rest of the market has gone nowhere. Sprint's doubled from its distressed levels. Apple, Black Berry's Research in Motion, even Palm have risen a long way. (break) The market's rethinking this one, too. Starbucks stock has now jumped 55% from the lows. Sure, sales and profits are well down. But management is fighting back with cost savings and new initiatives. More than 750,000 people have signed up for Starbucks loyalty cards, triple what the company expected. (And that's a wireless play too: They give you some free WiFi with your beverage.) The coffee shop has become an important part of many people's day. Shares in rival coffee chain Peet's are up about 10% too. (break) Amazon stock, which tanked initially, has doubled since November. Hype over the Kindle electronic book reader has helped. Online jeweler Blue Nile has also bounced. And look at Netflix– its stock just hit a record high, surging over $40 for the first time." http://online.wsj.com/article/SB123758303567499201.html
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"Beware, the woods at night, beware the lunar light. So in this gray haze we'll be meating again, and on that great day, I will tease you all the same." "WOLF MOON", OCTOBER RUST, TYPE O NEGATIVE http://KinkMeet.co.uk
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