Before I get into it, KWK executed an asset sale today, sending the stock up by 20%. Expect more of this to occur in the oil and gas space. I’d be shocked if CWEI didn’t raise significant capital through asset sales over the next 3 months.
With the market trading down, I am building a watchlist of stocks worth purchasing on a dip.
I like RAS, BX, WETF, APO, USG and AAPL. There are other stocks that will make the list, undoubtedly. But none of these stocks will be worth anything to me unless they trade lower.
As an investor or trader, who is smartly in cash, North Korea is a friend. Let’s hope they are able to “sabre rattle” the markets lower. Let us pray to the old and the new Gods that Cyprus devolves into anarchy, sending Europe into a stupefied state of collapse.
We want to buy margin liquidations, nothing more or less. When Wall Street is flooded with the tears of the overzealous, it will be time to buy.
Until then, “The Fly” will be biding his time, maneuvering amidst the fog of war, plotting and scheming his way to unrivaled decadence and hedonistic, pornographic, luxury.
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still $0.8 trilly left in the POMO tank this year –
Speaking of asset sales, I’d look at TLM.
All that luxury will make you soft – stop it and maintain discipline and toughness to prepare for the looming debacle. It’s out there.
Good advice.
But The Fly is already made from hard stone and metal. It’s important to maintain a certain balance or else my chi might dissipate, leaving me broke and penniless.
LOL! Good to hear you talk about chi and balance. They are indeud very important. 🙂
Your comments today are insensitive, vulgar and offensive. We are lucky to have you.
few people realize that Lil Kim Jong Un is only saber-rattling in order to get into the US Stock market at cheaper prices ..l. a little trick he learned from Dicktaters world-wide & his Pappa