With the sales of RAS, AMBA, TRLA and some YELP, I’ve eliminated the leverage and gone to a 20% cash position. I pressed the envelope for a long time and made fantastic gains. Now is the time to chill, relax, and watch the monkeys make fools of themselves.
My year to date gains have topped 50% today and I am working on a few new deals. But I will be patient with my purchases, as the market spirals higher, risks increase.
I am surprised to see IMMR down today, following AAPL’s debacle. Understand something, IMMR makes more than 50% of their revenue from Samsung, who is dominating Apple in Asia. Any loss for Apple is a gain for Sammy, and by extension, a gain for IMMR.
My top 3 positions are IMMR, GOGO and POWI.
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GOGO gots dat MOMO.
GOGO strong again today. Can internet service be offered directly by airlines without using GOGO or a similar provider? Seems like JetBlue is doing this.
I was reading that about JBLU, they will be wi-fi equipped by the end of 2013.
Why on earth would an airline not farm this shit out. Jetblue is fucked for going it alone. Long GOGO here, but can’t understand why airline would do it themselves. Seems like a shitty management decision to employ people to handle this within the airline.
If you farm it out you gotta pay the farmer.
TRLA still looks so strong
its all GOGO well done …now its all over cnbc/cramer
Yea, CNBC and Cramer trail Le Fly once again (extra 20 minute delayed quotes).
Did Cramer just bump this?
I just sold to cover GOGO Oct 15 calls, getting 3x what they’re worth.
GOGO is on the go … go
thought you had a small long AAPL position?
Hat tip on that GOGO, still holding.. amazing.
iPhone 4F
http://www.funnyordie.com/videos/882770a30b/the-new-really-cheap-iphone?rel=player
deals outside of the stock market?
SCTY oh boy
CVD Equipment initiated with an Outperform at Northland Securities Target $16.
z indeed