1 member
5 members
3 members
5 members
6 members
Started this discussion. Last reply by JD Redmon Apr 27.
Started Apr 24
Started this discussion. Last reply by JD Redmon Apr 24.
JD Redmon has not received any gifts yet
Added by JD Redmon
Posted on August 4, 2009 at 10:38pm —
Posted on January 24, 2009 at 12:14am —
Posted on January 24, 2009 at 12:13am —
Posted on December 21, 2008 at 12:32am —
Posted on December 19, 2008 at 11:24pm —
© 2009 Created by Myrtle-Beach
Comment Wall (2 comments)
You need to be a member of Myrtle-Beach to add comments!
Join this Ning Network
Dotcoms strike back! Shares in most regular retailers have slumped over the past six months, for obvious reasons. Expect more bricks and mortar stores to close as overstretched consumers retrench. But when it comes to online retailers, the story changes. 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. The Internet-based movie rental company is one of the big winners of the recession so far, as consumers stay home and order in movies. And it makes sense: A Netflix subscription, typically about $14 a month, is much cheaper than cable.
Historians note that many of the stocks which did best during the Great Depression were actually so-called "growth" companies, because they were the ones conquering the future. When a hurricane sweeps through a forest it knocks down a lot of the older, weaker trees. The younger ones survive and prosper. And so it may be in the economy.