I have a huge cash position and now find myself fishing for ideas. There are a few names that have my interest, one of which looks really good. I might pull the trigger, as it is my belief this market has an upward bias.
DMND looks great; but EXK and RBCN look like shit.
JCP has rebounded from this mornings lows and MOS sold off hard.
My intra-day losses stand at around 1.25%, putting me to about +22.5% for the year. The goal is to preserve these gains by cutting losses quickly and taking moderate sized positions, in order to avoid another YELP situation. My average sale price on YELP was above $25, since I sold half above $27 last week. Ultimately, I believe the stock will trade north of $40; but I have little appetite for risk now and would rather gnaw off my own arm and eat it, than ride this fucker back down into the teens.
Stay tuned for a new buy.
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FIG. No, not the new buy, just beating the Zombie to the punch, to wit:
“The Fly Is God.”
HAIN
Just start playing Mr Chainz you animal!
If a young Rocky Balboa, from the ORIGINAL Rocky, tried to rap, he would sound exactly like French Montana.
waiting with baited breath oh wise one…………….
BATED breath, unless you fish with your mouth.
A-game please.
sincerest apologies for my faux pas.
First time ever! May have traded ahead of Fly. Fortunate stop executed this a.m. on EXK for a profit. So what? So nothing, just a feel good.
Mr. Riggedgame please report to the 2008 super majority…it’s a shame tards can vote…
There was no Dem super-majority in 2008. The Republicans ALWAYS had veto power in the Senate, and killed all meaningful Dem legislation.
Dems had 56-57 Senators
after the 2008 elections.
Again, delusional.
Anyone who believes that all income over $250k per annum should be taxed at 100%, is a cluetard. So, off to St Francis U.
You had the White House a super majority in the house and 58 Senators as well as Biden…The only bills that didn’t pass is because moderate Dem’s didn’t want socialism…I know we should take away term limits and just make 0Bama king…fuck checks and balances…Also BUY OMER
“was”
I just realized that V.King is probably on parole until 12-12-12 and can’t blog until then.
Non-Advice: V.King, stay outta the political talk until you’re in the clear.
Bra.
So pussified. Only had 57 /senators? couldn’t do shit. Time to go. Raising taxes on +$250K people is just a resentment in action. It would not help the economy. It would be confiscation of investment capital. The rich would still live the same lifestyle. They would just have less to invest. Which would cut into investment capital and hurt jobs.
AAPL
“when is the right time to buy a good stock?”
Market is taking a dump. This was not the rally I was looking for. Following Fly’s lead, I have modest stack of cash awaiting better prices. I refuse to short.
Fishing for an investment idea? Try CAB.
i like your title, does seem like the whole world can print money but doesnt have anywhere to put it.