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Online Investing at Prosper

Archive for September, 2006

Private Money Lending

Saturday, September 30th, 2006 Posted in Uncategorized | 2 Comments »

I had lent out some money to a developer at 24% [2% per month] over the year and a half. Every month around the 7th I'd get my 2% like ... Read more..

D R Horton Offering Massive Incentives In Florida

Wednesday, September 27th, 2006 Posted in Uncategorized | No Comments »

Remember how Pulte Homes was giving $99k discounts in California? Well it looks like its becoming a common occurance along the coasts. Check out this ad in the Daytona Beach ... Read more..

Stock Analysts Smoking Crack Again

Wednesday, September 27th, 2006 Posted in Uncategorized | No Comments »

Regular readers know I have a short position in WCI, a home builder based out of Florida. Well the analyst thats following the stock at JMP securities definitely doesn't know ... Read more..

Tax Arbitrage

Wednesday, September 27th, 2006 Posted in Uncategorized | 1 Comment »

Merck has been sued by the IRS for $2.3 Billion for back taxes and penalties. It set up a company in Bermuda which owns its patents and then its ... Read more..

Insider Trading Tips

Wednesday, September 27th, 2006 Posted in Uncategorized | No Comments »

CNN's money site has an interesting article on insider trading.David Pajcin had set up an intricate network of spies to provide him with insider information including Businessweek and Merrill Lynch ... Read more..

San Diego Condo Conversion Craze Cools Off

Wednesday, September 27th, 2006 Posted in Uncategorized | No Comments »

There's a good article in the local paper on how San Diego is saturated with Condo Conversions that aren't selling. There are nearly 7,000 units in 111 complexes sitting on ... Read more..