Monday, July 4, 2011

What Blue Chip is?

According to Wikipedia, blue chips comes from casino, which originates in poker , where the blue chips are the most valuable. It is used in stock markets by analogy, to describe actions of well-established companies, large national and international, with proven profitability, especially in the long term, and with few obligations, resulting in positive economic and financial situation.

But this news promoted Mundial and Ecodiesel, two pieces of shits highly traded on Bovespa,  to blue chips, just because a crazy bunch of speculators are now very optimistic.

Unbelievable!

Under no circumstances does any article or opinion posted on this blog represents any kind of advice, suggestion or recommendation to buy or sell any security. We also do not guarantee the accuracy of any information contained in any posting on this blog.

Related Posts

0 comments:

Post a Comment

We encourage your feedback and we will take your comments into serious consideration. However, you must be warned that any comment that does not follow the blog philosophy (Value Investing and Behavioural Finance) will be promptly removed.