Is it Me, Or is It Getting Hot in Here?

I kicked out of CALL yesterday, uninterested in playing the numbers game. I do like BKS and might buy it back. I’m thinking the stock is worth more, maybe $28-30.

I have a lot of irons in the fire and definitely plugged in. We all go through ups and downs. Well, I am going through a very big up period now and I am leveraging it to establish new contacts.

I’ve been dabbling in the small cap space because I like niche. There is a certain intimacy when buying names like CIMT, UNXL, CLIR and PAMT. If you are shrewd enough to leverage your buying power into building relationships with the CEOs and other C level execs at these firms, you can benefit in a number of ways. From order flow to just getting a better feel for how the company is going are all important aspects in building a successful money management business.

All it takes is a phone and a little persistence, and of course the ability to communicate well with others.

I’ve been very hesitant about going all in because I am witnessing a lot of froth on the retail level. People who don’t know anything about stocks are getting aggressive again, always a sign of excess.

Even still, I like my niche plays, but will trade the beta. Meaning, I have my core positions. Then I have my trading positions. Let’s say my core position is 500,000 shares of XYZ and I add another 250,000 for a trade. I will sell the 250k whenever it reaches my price target or establishes a “liquidity event,” aka volume spike or news.

My top idea right now is CLIR. The volume isn’t there yet. But I am sensing there is a ton of institutional interest coming into a lot of these small cap names. These guys have huge upside. But, since the market is extended, be mindful that at any given moment the stock could pull back 10-15%.

Longer term, I like the stock to $16, then $20. I do believe it trades higher; but price targets are complicated and do not serve us well in the “now.”

3 Responses to “Is it Me, Or is It Getting Hot in Here?”

  1. The_Real_Hmmm

    Is the Devil’s tab a read-only document or is this a conduit for communication? A portal, or hexagram of lamb’s blood on the dirt, if you will.

  2. Does Devil own any VHC?

Comments are closed.
Previous Posts by The Devil

Is it Me, Or is It Getting Hot in Here?

I kicked out of CALL yesterday, uninterested in playing the numbers game. I do like BKS and might buy it back. I’m thinking the stock is worth more, maybe $28-30.

I have a lot of irons in the fire and definitely plugged in. We all go through ups and downs. Well, I am going through a very big up period now and I am leveraging it to establish new contacts.

I’ve been dabbling in the small cap space because I like niche. There is a certain intimacy when buying names like CIMT, UNXL, CLIR and PAMT. If you are shrewd enough to leverage your buying power into building relationships with the CEOs and other C level execs at these firms, you can benefit in a number of ways. From order flow to just getting a better feel for how the company is going are all important aspects in building a successful money management business.

All it takes is a phone and a little persistence, and of course the ability to communicate well with others.

I’ve been very hesitant about going all in because I am witnessing a lot of froth on the retail level. People who don’t know anything about stocks are getting aggressive again, always a sign of excess.

Even still, I like my niche plays, but will trade the beta. Meaning, I have my core positions. Then I have my trading positions. Let’s say my core position is 500,000 shares of XYZ and I add another 250,000 for a trade. I will sell the 250k whenever it reaches my price target or establishes a “liquidity event,” aka volume spike or news.

My top idea right now is CLIR. The volume isn’t there yet. But I am sensing there is a ton of institutional interest coming into a lot of these small cap names. These guys have huge upside. But, since the market is extended, be mindful that at any given moment the stock could pull back 10-15%.

Longer term, I like the stock to $16, then $20. I do believe it trades higher; but price targets are complicated and do not serve us well in the “now.”

3 Responses to “Is it Me, Or is It Getting Hot in Here?”

  1. The_Real_Hmmm

    Is the Devil’s tab a read-only document or is this a conduit for communication? A portal, or hexagram of lamb’s blood on the dirt, if you will.

  2. Does Devil own any VHC?

Comments are closed.