I added to my KMB position, making it a top 3 position.
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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,477 Blog Posts
They do make the best butt-wipe.
Old man stocks! You must be hedging your portfolio.
When you make a pick like Fly did before $NAK , you can hedge all you like. I only wish I had been wise enough to follow him on that one. Instead I’m patiently sitting here watching SVU and hoping it gets ‘short squeezed’ – which is about as exciting as watching paint dry…
I too have added a new position…not to distract anyone here if you care you can find it over at The V.Kingdom …
On to the V.Kingdom
old man stocks are not a “hedge” – they are money machines, stock equivfalents of those stupid rolls of cash old guys carry around in their slacks. plus there are a billion chinese babies pooping on the street needing diapers.