Let’s face some untenable facts here. The economic data isn’t that bad. Granted, warnings out of ORCL, SCHN and JOY do not make me feel warm and fuzzy. But it’s not the graveyard shit that so many doom and gloomers have been prophesying. Enjoy the respite from now until New Years eve, for it will not last.
Merkel is coming back from here Hitleresque vacation on January 5th and the world will brace itself for a very big Italian bond auction in late January. Similar to late 2007, I expect the market will rally into year end, then get stomped out in early 2012. The storm is brewing and it’s all going to be coming to a head in 2012. Get ready for it.
Having said that, I am interested in squeezing out some upside at the great expense of the bears, right now. I own a wide array of stocks, right or wrong, that are very depressed and should be trading higher soon. I don’t know if you have noticed or not, but I have not bought anything new lately. I’ve decided to stick with the few names that I own, average down in them, then cut and run.
If I were to add new names to the mix, I’d strongly consider SUSS and TEA. Both stocks are on sale and offer great growth prospects. Also, I really like GSVC down in the $13’s. Remember, both ZNGA and GRPN represented hardly anything in their VC fund. GSV is all about Facebook and Twitter, with more than 30% of their assets tied up in the two companies. Ask yourself, do you think FBOOK and TWTR will garner much excitement upon IPO’ing? These two companies will be coveted by every investment bank in the world. They will receive the red carpet treatment and, by extension, GSVC will benefit.
As for warm winters and DECK boots: 2009 and 2010 were two of the warmest winters on record here in the US. Check the fucking sales growth for DECK during those dreadfully warm winters and ask yourself “do women give a shit about weather?”
Honey badger.
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Also looking for oil to go ballistic to the upside (first time I have ever said that)in 2012 based on Mideast geopolitical events.
And to start it out here is raw video footage of one of 14 bomb attacks that went off in Iraq this AM (killing at least 60) as a celebration of the US leaving.
http://youtu.be/2v8mUaudEB4
Let the Iraq Civil War between goat herders begin.
My niece is married to a Marine Captain who is now in the Out and Beyond somewhere near BumFuck Afghanistan. Sleeping bag, MRI’s and whatever shelter they can build at night. Hunting down 12th century religious zealots. Many miles from the closest firebase.
Nice guy, college educated, has no idea why in the hell we would send him there to do such pointless shit.
Will do it, though, with honor, mostly to keep his men alive…….while we sit warm, fat and happy, playing paper money games.
Sadly twisted, no?
MRE……..Meals Ready to Eat. Not MRI’s…no place to plug the suckers in…….
Must be some mistake – it is the religion of peace, not bombs. Happy Ramadan and Merry Kwanza to all!
Austerity = large scale unemployment. This can’t work without funny money.
HELP! THE MARKETS FALLIN AND IT CANT GET UP!
Dollar? And wheres it going?
Thats what you have to ask yourself
Does it rally? Do stocks decouple?
Does my chewing gum lose its flavor
on the bedpost overnight?
2012 could be a year of great optimism. Right now no real investment is going on. Big cash is sitting on the sidelines. Apple, Google, twitter, facebook… all consumer bullshit. No real investment in job growing industry is going on. There is just too much uncertainty with this current government. If it could begin to look like things might change…..
look at wprt, this has been good to me. +17% since 11/30
DECK is getting decked. Again. It was a piece of shit when Fly bought it at 100 plus two weeks ago. It still is a piece of shit.
Why pay $200 for $15 boots?
People do it, then Deck makes big $, nice margin.
you are a poor little shit.
DECK is interesting.
Their EBITDA, revenue growth, free cash flow growth, and book value growth have plotted nicely over the last ten years.
TTM free cash flow is worrisome. Insiders are not buying.
Currently trading above historical average in p/e, p/s, p/b.
Much more of a story here than fuzzy boots.
Too rich for me at this valuation from a fundamental standpoint.
Might it become a Mo-Mo again?
Perhaps.
Reminds me of TBL back in the day.
______
The market will run and I see 13k on the dow in 012. Why because debt and law matter not.
they printed in europe. qe means stocks up. at least that is how it has worked for the last 3 years or so.
GSVC. Yes.
China is a House of Chopsticks. Chopsticks baby!
Yes, the virgin birth rumors are true…
Too bad it was in Kenya.