I see many of you took personal offense to my declaration that wearing shorts is the equivalent to riding a motorcycle with training wheels. America is all about comfort. Yes, we all want to walk around in leisure, drinking milkshakes and farting in tight, crowded areas. If you acknowledge the undebatable facts that you are a vagabond, unqualified to offer advice on the subject of deportment, the sooner your mental health will improve.
Speaking of which, my good friends, “the bears”, are throwing fits this morning (JCP)– trying to figure out why the market doesn’t trade lower. Like dogs drinking water out of small bowls, you are programmed to accept substandard advice from hucksters and charlatans. I told you there was a big bet to be made and I am in the process of doing it.
Since yesterday, I’ve been accumulating shares of MRVL. I will continue to buy shares up until earnings date (8/16). By then, it should be a top 3 position of mine, as the deep value statistics of the company warrants a great deal of my money–heading into a quarter that may prove to be seminal.
Finally, it’s good to see Steve Jobs’ retarded ex-partner, “WOZ”, hit the ball (finally) with an earnings beat over at FIO. This earnings season has been absolute, either destroying value on bad earnings– or thrusting market caps into the gilded era on beats. It’s important that you know your investment and understand the risks associated with playing without an edge.