I started a position in YGE– the cheapest solar stock on the planet.
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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,443 Blog Posts
gotta be picky with solar
lots of bad trades on your blog lately, plz upgrade quality of stocks you buy.
tsla gna rip post secondary also
Your mother is a whore.
I’ve been right on 12 of my last 13 trades.
As such, BANNED.
I like to call it just being friendly!!
Wouldn’t STP be the cheapest or do you limit yourself to legitimate companies?
Power Lunch CNBC topic – “has the bull run brought the day trader back into the market.” Jeez. Did we ever leave the market. 🙂 Don’t think they mean “day trader.” I’ll have to TIVO it as I am off to trial. Hate my first job.
Don’t even know what SCTY is but my god.
My $RSOL lotto pick wasn’t bad.
Do you still own IMMR?
Yes
Some fly by night, some fly by day, and some fly by the seat of their pants 🙂
Is RBCN still a portfolio hold?
Sure it’s a hold along with ANFI in the Daily Double at Gulfstream.
lol!
Does the Devil still have any interest in CALL?
I know he sold it last week, but is he looking to get back in?
Thanks!
Morgan Stanley: “Most Of The Buying Has Come From Shorts Covered Rather Than Longs Bought”
Confirming what we explained recently, Morgan Stanley explains that among its equity long-short fund activity, the short activity (the net of shorts added and shorts covered) reached a minus-2 z-score indicating massive covering over the past 20 days. The last 3 times this occurred were April 2010 (S&P then fell 13% in 8 days), July 2011 (S&P then fell 19% in 23 days), and Oct 2011 (S&P then fell 10.5% in 20 days). Across sectors, Consumer Discretionary has been the most covered over the past week and month. Due to heavy covering, Discretionary short activity fell below a minus-3 z?score as of yesterday (now the highest long/short ratio of all sectors). It is worth keeping in mind, MS add, that historically speaking, the sector with the highest long/short ratio has often gone on to underperform over the following 6?12 months. This covering has driven median net leverage up to 64% (its 97th percentile of post crisis levels).
Money-on-the-sidelines!! not so much… Massive short-covering rally – yes…