This rally is more than I expected. Very soon stocks will be in overbought range, as investors sashay in and out between egregious gains and losses. Some of you are curious about the ongoings over at VHC. The answer to that is simple: the stock will not break out until they ink a licensing deal. Plain and simple. There are two camps out there now–one that believes and one that doesn’t.
As a big shareholder in VHC, I like to view today’s stock action is “temporary retardation.” Wait until the flame retardants wear off, THEN STRIKE AT THEIR HEARTS WITH ARROWS COVERED WITH KEROSENE! We will know more about VHC when Apple and them hammer out a deal in front of the judge on 12/14.
YELP looks really good and I regret not buying it. I also like WNR here, with WTI-Brent spreads above $20.
Bottom line: I am having a sub par day, up barely 1%–thanks to weakness in VHC.
In the very short term, I like industrial plays like TEX, MTW and silver via EXK, AG, PAAS.
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OK Bulls got another “oil rally”, kissed the 200MA on the daily SPX. Now lets see if any buy OVER the 200MA with Eu meeting and PMI’s at the end of the week coming. FWIW, Iran is actually talking about meeting with the IAEA even with Israel mess on Dec 13.
Iran has no choice. Their economy is coming apart at the seams and the natives are getting restless.
I would also suspect they are beginning to contemplate the old M.A.D. (mutually assured destruction) of the Cold War era raining down upon their heads should they even begin to smell like they are going to launch a nuke at Israel.
Heaterman…Totally agree, Natives are so not happy.
WNR is paying a special dividend of $1.00 per share ex div date Nov. 15.
Douglas House is over at SA today sucking his own and Grey Wolf’s dick after DDD defended itself against his negative article last week.
DDD is up over 7% today!
re: SA
Those assholes over there all suck enormous amounts of dick!
Whenever you try to post an opposing view it gets screened. If your comments hurt their feelings it gets deleted.