I’m trying to mellow out after booking a 7 figure loss in SWHC. It wasn’t working before Sandybrook. It was going to be my top idea for 2013, poised to crrrush earnings estimates from here until 2014. Instead, I had to sell it. You might think I am upset over having to sell it–but I’m not.
Stocks are like women when you’re a teenager, interchangeable. I don’t need to hold XYZ when ABC is looking damn good.
After taking SWHC off the books, my EXK position took on water, as silver and gold got hit. I warned you about owning gold and silver into a mature rally. People sell them to buy high growth stocks, like VMW and RAX. Gold and silver should be bought at the depths of a sell off into the initial reflation move higher. I’m in EXK for longer than a month, so dealing with the volatility is part of the waiting game.
Everything else went straight up, spearheaded by my BZH, killer bees putting bears into emergency rooms. My largest position, VHC, lifted, as well as CROX, FB, NAK and ADTN.
I started positions in HMC, RS and AAPL today, opinionated with strong emotions that Japan is going to lead all world indices higher in 2013.
One last thing, SAFM smashed earnings last night. Look for BIG Q1, 2013 numbers out of protein plays PPC and SFD.
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