I sold CXO, booking just a 5% gain. I squandered an opportunity to book 10%, so I drew a line in the sand here, closing out the position. I am sure it will trade higher, eventually. For now, I am out.
In addition, I sold GPRE, OPEN and ONVO, all for a profit.
With the proceeds, for now, I will leave them in cash, in order to “better enjoy” my “vacation.” When I get back up north again, I will redeploy the capital in earnest. For now, seeing the market weak again, I am 35% cash.
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IMMR?? still holding??
Join the PPT if you want to see Flys holdings.
are you his lawyer or accountant?? if not, then please remain in your seat and act like a gentleman. If the good Doctor doesnt want to respond he wont. I am aware of the PPT. Thank you for your cooperation
PPT is far superior to your method of masturbating onto the computer screen and using that as tea leaves to gauge momentum in the markets.
concur..thank you
Core position, yes
I was thinking about getting to 50 percent cash soon. However, I am eyeing PEIX here, does anyone have any thoughts about this spec? I have also been watching a real dog, BIOF, which tanked after earnings today, because I think it might be buyout material. PEIX has made an incredible run but it looks like a decent entry for a long.
Good morn Mr Donovan. Pleasure to have a gent posting here!
Been here a long time..Dr Fly has made me $$$ and I read him like its my job. Best of luck on your trades.
And you as well
There’s a certain shame to being labeled a ‘cheapskate’ by an entity named Freebie…Mr. Donovan, you’ve been de-pantsed..
I feel ashamed
It is my understanding Fly sold off 30 pct of IMMR just prior to earnings and soon repurchased said shares afterward. I myself am accumulating the stock as I believe it is a “double” in the parlance of the street, perhaps by Xmas?
as I am a holder of IMMR as well I certainly hope you are correct sir (no ed mcmahon)
I didn’t purchase all of it back, just some.
duly noted..but still a hefty position wouldnt you say?? still your largest??
Still my largest, by far
Mr. Donovan, I’m fashioning a whiskey barrel & suspenders for you, as we speak. You’re a good sport…I respect that.
that was funny man!!
Any relationship to the former US Secretary of Labor under President Reagan?
And if so, way to beat that indictment.
me and my pisans thank you! I am not a crook (no nixon)
Jaysus is this market dead today.
Not if you are into mining for shiny, malleable rocks.
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silver?
AAPL doing the 5 hundy!
It will be interesting to see how many hedgies and “Celebrity” PM’s will follow Icahn’s lead in “tweeting” themselves to a $50mm one day pick up?
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It especially works if you do it “into the volume pocket”…
Then there’s this from Dan Primack’s Term Sheet, which I highly recommend, btw:
“Carl Icahn made major tech waves yesterday by tweeting that he has acquired a “large position” in Apple, and that he had talked to Apple CEO about doing a larger buyback. I’ll assume that Icahn still holds the aforementioned position — shares spiked on his tweet — but how long until there is a pump-and-dump lawsuit based on tweets?”
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You are not the only one speculating…….
http://leavittbrothers.com/blog/index.php/2013/08/13/is-carl-icahn-a-modern-day-pump-and-dump-artist/
Ridiculous article.
Icahn is an activist investor. That’s why he announced it. He sets the stage for proxy.
Everyone talks their book all the time. Seems like it should be prohibited, but, of course, filing regs for institutional investors de facto equate to talking your book. Still, making public announcements to boost your returns is pretty shady.
fucking haptic!!! grrrrrrr
Good grief Ray, stocks go up and down, patience. If you’re worried then you own too much of it or haven’t defined your risk.
90k volume idiots.
ya ya I hear ya.. just making conversation.
today was great for me. thanks for askin. ya know my position….
get back into the coal mine
Where is Kong ?? I so appreciated the macro as opposed to this ……… ?? Do you really have any actual information for us ?? Seriously !!
Back talking some smack, with an effed up, second time’s not a charm, summary post.
I could use a second helping of water and grass right now!