Biggest Position Since My $WNR Was on Fire

VHC is now 30% of my assets. I am emphatic in my belief that it will see significantly higher prices. My track record on big positions is pretty good, with past winners in WNR, EXK, YELP, FTK and MVIS under my belt. I could be wrong on the name– but I seriously doubt it.

It’s very frustrating to hold big positions when they’re not working. It’s important to go in knowing the risks and try to keep ahead of the proletariat. By the time VHC inks its first licensing deal, short sellers will be dismantled by gravity hammers. The time to buy is when blood is in the streets, especially in stocks that you believe in.

Today’s market bounce is young, but impressive. Breadth is improving and key sectors are on the rise. Here is a real time look at today’s industry leaders.

I’m not counting my chickens. I did buy more shares of EXK and SWHC yesterday, so that’s helping, as their shares lift. But this move is child’s play and it’s a Friday afternoon, a time when trickery occurs–setting up for the long weekend ahead. My best guess, and according to the mathematical precision that has been provided by some, the market will be higher by mid next week.

I intend to keep my 45% cash position intact for the day and buy more early next week. Whether that be into a decline or a pop is completely irrelevant. I will build 3 gargantuan positions in SWHC, VHC and EXK, then swashbuckle my way the fuck out of them–just in time for the post Black Friday catastrophe to come.