Silver is getting clubbed around today, causing EXK to tank. I am very tempted to add to my position; but I made a promise to myself to stay away until it was -10% from my basis. These fucking silver miners are lunatic stocks, swinging around like naked gorillas on jungle vines. The art of buying and selling EXK is something I’ve perfected over the years, having successfully traded it more than a dozen times. I can tell you, emphatically, now is not the the moment to buy. We had a chance to run yesterday; but it was squandered.
Still, my best guess says this stock trades higher by Thursday of next week. On a dip into the $7′s, I’ll buy some more.
Facebook is the name of the game today. The stock is magnetically attracted to its ipo price of $38 and will get there, by hook or crook, or my name isn’t HORATIO CLAWHAMMER. Based upon the untenable laws of mathematics and science, dare I say, YELP is worth north of $30 based upon current FB valuations. Give it some time; it will get there.
Some of you like the Samsung Galaxy phone because you are shallow, materialistic, soul-less bastards. To be frank, I have no respect for people who switch from iPhone to Galaxy. What happened to your iTunes library? Did you actually buy an iPhone and never bother to build a catalog of music and movies? You people are traitors. To leave the Apple ecosystem (there is nothing better, why leave?) means you are without character, only interested in new, shiny toys, most likely to cheat on your wife/husband, backstab your friends too.
Having said that, the human species is riddled with people of your ilk, low-brow people, narcissists who partake in unchecked hedonism. Because of that fact, shares of NXPI and RFMD might do well; due to the fact that both companies make about $3 per Galaxy phone sold (parts makers you dumb fucks). I own NXPI and would like to own RFMD too, but not today.
If anything, I might add to my airline stock, ALK. It’s a win-win. All of those oil field workers in Alaska will need to fly back to the mainland to find work because oil is going to zero. When oil goes to zero, airlines will be the new software, boasting 95% margins.
Back to crafting documents for war.
UPDATE: I sold out of HDGE, bought more ALK and YELP