I am trying to brain wash all of you, by purposely blacking out all of the negative news stories from my commentary. Take it from the guy who gave back over $5million on a VXX trade gone awry last year, all that matters is what’s in front of your face. For the past few months Chinese Lottery stocks have been getting poleaxed, until recently. Expect the shares of Chinese fuckery stocks to take-the-fuck-off, going into Chinese New Year’s. The year of the rabbit will bring splendour [sic] and decadence to the rural farmer who tossed his life savings into the lottery aka the Shanghai composite.
Names like NTES, SOHU, SINA, PWRD, CAAS and EJ are cheap. In addition to that, names like HRBN, JST and PUDA will splish and splash all over the place, making people rich and poor in the process. You simply need a little guidance and mathematical precision (think PPT).
Shares of MBI are taking the fuck off, alongside a host of many others. Former bankrupt entities are all the rage, take a peak at AIG and SIX lately. And, let’s not forget C, CIT, LEA, GM and BCS.
No one loses, at least not now. If you are still short the market, all wrapped up in burlap, you need to have your head examined. I don’t like what’s going on. But my job entails navigating the market to make money, not making a stand based on ideology.
Get past the emotion.
Top picks: UTA, SOHU, MOTR, HRBN, GTE
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Bankruptcy is cool again.
Looking to buy WebVan, Etoys, Flooz.com, and theGlobe.com.
$5 million loss on $VXX? Wow. I can see why you need to rock with your other plays. Thanks for sharing your sense of market direction with your foul language.
The Dude
5m, impressive.
Not impressive to me. More like tragedy. However, I made it all back and more with FTK.
Ahhh, FTK. Good times.
SSCC for bankrupt linerboard if burlap is cutting it …
Herb Greenberg says all reverse merger chinese companies are frauds… however Herb is an idiot.
He’s right.
I agree there are many chinese fraud companies, however Herb is still an idiot.
you’re 100% right fly, we’re here to make money and although i have a hard time ignoring what’s really going on underneath the surface, this year i choose to take the blue pill.
There is an amazing amount of non-correlation going on now which makes it a pickers market. I’m buying CSIQ today.
Zerohedge is into the hit piece business now. http://www.zerohedge.com/article/telestone-technologies-tstc-rino-sheeps-clothing
Effective.
Top picks: what does this mean? Largest, acting the best, or have the most potential? I thought OXY, PH & FMC were larger in the portfolio?
it means right now
Sold OCZ for 22% gain … on to the next
Don’t “Telestone” yourself, people.
I am less bullish in real terms than I was last year. If markets go up 20%, but Uncle Burgers go up 58%, seems to me it is still a real loss. I guess I should stockpile uncle burgers. 🙂
I am not short per se, but I think a positive gain in the market can still be a loss over 2011. Luckily most investors and sheeple won’t mind/notice.
And I plan to outperform the stuffing out of this market over 2011 as well.
Time to get long in slig-meat farming?
http://wattsupwiththat.com/2011/01/10/climate-craziness-of-the-week-eat-bugs-not-meat-to-save-the-planet/#more-31382
thinking about using a pic of one of my sculptures as my avatar on PPT but don’t know if it’d be too much, or offend some, wanted to ask first.
If it’s one of your metal babes, no way will I find it offensive.
______
Yes, do one of a naked woman .My Dad is hiding his Playboy magazines again.
Let’s have a look!
Herb and David did a great job here:
http://www.cnbc.com/id/15840232/?video=1736672355&play=1