The market hasn’t been gangbusters in 2014, thus far. However, you and I both know that speculation has been running rampant. Everyday there are a dozen or so stocks up more than 10%, sometimes more. Looking at the market from a historical standpoint, this sort of debauchery precedes harsh pullbacks. The offal of society dine at the very best restaurants and wear the finest garments, just before the collapse, war, famine, pestilence, deterioration that ravages mankind to pieces upon pieces.
As of right now, we cannot see what that catalyst might be, to “ravage mankind to pieces” and all. But rest assured, it lurks in the shadows and will present itself at the very peak of euphoria.
In the meantime, I intend to continue to trailblaze a path of hedonism for you, through stellar stock picks and money management advice.
Dry Bulk rates have been declining, as of late, fulfilling the prophecy of Jennifer. Sadly, the stock prices of the bulkers haven’t responded in kind and continue to outperform. I can only pray to the stock gods for a pullback in BALT and hope that I haven’t depleted my buying power to the point of paralysis. The stock will trade higher, much higher, eventually.
Micron is soaring in the pre-market. Expect tech to do well.
Top picks: GOGO, RBCN (on this dip, post secondary)
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Bought into GOGO and MU with you back in August – both around $10-12. How do you typically find these stories? ie. GOGO pre-$1B mkt cap, if I know you I assume screens through the PPT.
MU was through research (reading) and GOGO was from PPT ipo screen.
Cool thanks – great picks.
YELP
prudent to add on this pullback in RBCN ?
yes
so it is said by the brilliant Dr, so it shall be done, with humble thanks good sir
What’s up with Balt? Seems decoupled from rates.
Cap’n Fly, any thoughts have ye on $BWLD? I am currently short via a put spread. Arrr.
IMMR thru earnings?? PS4 killed it
maybe
You really bank 68% in 2008?
I was short the whole way.