I am up more than 2.3% now, stretching year to date gains to 18%. I am hitting new highs thanks to BX, USG, BZH, HLF and WNC–all massive positions in my book. My shorts are fairing okay, with CCL lower thanks to rampant disease aboard an RCL cruise. Both JCP and AG are little changed.
I guess my KWK idea caught on. It was truly a lay up trade, considering where the bonds were trading. Sometimes you get to act on great ideas, other times you miss them.
I positioned into CALL, not for a quick pop. It’s based on a catalyst event, so I will need to sit tight and be patient. The company always beats earnings estimates. I expect them to do the same on 3/18. By the way, this is a Devil pick and he’s been on fire. He’s also short GS–which was conveyed inside The PPT the other day.
CMG is lower, after an analyst note came out and said sales were soft. I knew about this rumor two days ago. The same rumors and information are floated by the same people. They just get in or out before you do. I hope you pay attention to some of the things I write here, as I try to convey messages without making a fuss.
Information is everything.
But we’re in a bull market and we’re all geniuses now. I do not pretend to be unique with my winning picks. We’re all doing well, as it should be, since it is our birthright to do so.
Spend a little money this weekend. Help the economy and drink yourself stupid–for we will make it all back, AND MORE, starting monday of next week.
Ciao (the most annoying form of goodbye).
[youtube:http://www.youtube.com/watch?v=h9ZGKALMMuc 603 500] If you enjoy the content at iBankCoin, please follow us on Twitter
It’s a bull market, you know.
By the way I am no longer short PMs… need a reast 🙂
I love ciao as I am 100 percent Sicilian. This market is amazing and yes, we all look good just riding this wave up.
You’re half eggplant!
lol, you’re a cantaloupe!
i have a new girl friend, lovely, alluring and mysterious. and when i throw money at her she screws me. her name is apple. yes thinking i caught the bottom… and before they reported .. i expected them to announce they would buy china or cuba or SOMETHING! but Nooooo!
Information IS everything…
http://www.raptureready.com/featured/graham/g272.html
Fly, I am curious as to what you think of the claims in the SA article bashing $CALL?
On January 9, 2013, Copperfield Research published a report revealing, among other things, that the Company had been consistently overstating its revenue and profitability. According to the report, “magicJack has presented its retail investor base with earnings press release and financial tables that are overstated and later altered based on the corresponding SEC filings.”
On this news, magicJack stock declined $2.01 per share or more than 11%, to close at $15.30 per share on January 9, 2013.
>>>>
Odd-no?
There are several things that jar me about CALL. But this is not a long term investment and will remain small.
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