Short sellers must have brain cancer to be stubborn enough to have open shorts here. NOTHING brings the market down and NOTHING can stop this psychopath market from marching higher, apparently so. Last week I took some of my chips off the table, by way of selling some stocks to raise some cash. In hindsight, THAT was a bad idea. But life is all about making HORRENDOUS ideas, laughing at them, then doing stuff to correct said actions.
However, in my case, I will accept overreaching cautiousness, in return for peace of mind. I am up 15% inside of 3 weeks and there is nothing wrong with taking the foot off the pedal—so there.
My top pick, right here, right now, is TEKELEC [[TKLC]] . The stock is a play on text messaging for the AT&T Inc. [[T]] network, as they are the largest supplier of signal transfer point for At&t. You need to think iPhone, and how big it is becoming, and you need to do it now. As Apple Inc. [[AAPL]] destroys Research In Motion Limited (USA) [[RIMM]] , more people will flock to the At&t network, by way of buying an iPhone (Apple is locked into a contract with T). Plus, there is a decent short position (7%+) worth flattening out like a panini.
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In before Jake Gint uses any of the following phrases:
Libtard
Limo Lib
Lurch
You forgot “Lefty Loser.”
Loser.
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AAPL meltup into January 27th “tablet” announcement.
Then, sell the news.
is there a camera on those tablets? because my OVTI is melting strait up.
WHEN this market rolls over, their will be far less shortsuckers around to have the thing they crave the most…to be right, first
there, their, and they’re. Learn them.
ha….
A handy reference:
http://theoatmeal.com/comics/misspelling
ironic.
Isn’t it amazing that I can make a spelling mistake but no selling mistakes?
I am thinking of buying some AMZN before earnings…Implied volatility is exploding higher; since the market cant go down, why the hell not?
Genius idea! I was thinking about this as an investment as soon as I heard you can donate $10 for Haiti relief by just texting a number.
Won’t Apple and ATT’s contract for exclusive rights to the iPhone be expiring this quarter?
Anybody has any recommendations for additional blogs to read?
Name a bunch please…
Here you go:
http://ibankcoin.com/chart_addict/
http://ibankcoin.com/dannyblog/
http://ibankcoin.com/gioblog/
http://ibankcoin.com/henry_fool/
http://ibankcoin.com/jakegint/
http://ibankcoin.com/rcblog/
http://ibankcoin.com/woodshedderblog/
http://ppt.ibankcoin.com/
… and if that’s not enough, try the blogroll in the lower right of the page. —>>>
I believe Long Ge is right about AT&T losing exclusivity with the iPhone within months. As soon as iPhone is on Verizon, say good night to AT&T…. everyone I have asked (short of a couple people) have said they only have AT&T because of the iPhone and they want Verizon badddddd
thppt. the contract may be up for negotiation in months, but there is no guarantee aapl will leave t. as long as t coughs up the subsidy and the (units x subsidy) is greater than a lower subsidy but greater units elsewhere, t keeps the contract. aapl is probably banging away on t for a higher subsidy and/or improved network experience. t will push back on the subsidy and agree to upgrade its network and customer service. thus, it will come down to whether aapl thinks units will continue via t alone. figure out when the existing (units x subsidy) falls at a rate greater than aapl can cut cost. if aapl leaves t, short t as it is an indication its wireless growth is stalling. look for t to hype a replacement phone (droid?) before it lets aapl walk away. i see no indication of any of this and thus find it highly unlikely aapl will leave t.
It would take at least a year to re-make a CDMA iPhone.
It is much more likely that 4G will be the (common) intercept for Verizon/Sprint. So the iPhone will stay on AT&T (& T-Mobile, unlocked) until at least 2011.
not sure i understand your comment peezy. hoverheah, in cadland bell and telus are CDMA and have the iphone since november.
not that i care. i’m on GSM rogers. but make no difference. they’re all the same. the only thing worst than banks are telecom co. it’s all shit service and price fixing.
europe got the AMAZING triple-play contract. bring this in north america and create instant wealth.
Monsieur Fly,
Will you be re-establishing positions in CMI and SQM?
I did not sell CMI.
IBM drops the ball
More good news for the Noo Yawk producing class.
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