Another blood bath for “shareholders”
The saga continues as the scam/promotion unwinds inevitably. The fascinating aspect of this study is how the boom bust cycle of SNPK looks similar to the
NASDAQ’s boom/bust cycle of 1993 to 2002.
Note the rise from 1992, then accelerated rise in 1998 to mid-2000 that reached a crescendo and then the collapse in price in 2000/2002–leading to the slow decline as frustrated and stubborn investors throw in the towel. But in the case of SNPK, since it is a promote, there will be no rebirth–just a quote of $0 bid and $.000001 offer by next year.
NASDAQ
Case Studies
This week has been hectic as you can see from this video of my research team at work:http://www.youtube.com/watch?v=Pblj3JHF-Jo.
My next posts on Monday or Tuesday will be on the analysis of our two cases studies in Competition Demystified (Chapters 12 and 13)
Anyone want a crack first?
Chapter 12: Fear of Not Flying: Kiwi Enters the Airline Industry
- Describe Kiwi’s entry strategy and explain why it was initially successful. Where did they go wrong and why?
- What is the evidence that there were no existing barriers to entry in the airline industry in the 1980s?
Chapter 13: No Instant Gratification: Kodak Takes on Polaroid.
- Detail Polaroid’s competitive advantages in the instant photography market.
- What were Polaroid’s responses to Kodak’s launch into the instant photography market?
- Was there an alternative approach for Kodak that might have been more successful?
- If you were running Kodak in the 1970s, what strategy would you have followed—given all the benefits of hindsight?
Mastery
http://www.youtube.com/watch?v=gpDdaC1_UGg
http://www.youtube.com/watch?v=ZyRZMj8mkm4&feature=related
What can you apply to the world of investing?
Have a Great Weekend!