I think I might’ve shot myself in the foot with the last LITB post, considering the fact that I own the damned stock. I couldn’t help myself. I had to discuss the important matter of crying babies being present on the conference call. Having said that, I like the stock here and might even buy it. When I was talking crap about it, the stock was up 5%. Now that it’s down 5%, with $2 in net cash and the company beating estimates, trading about 1x sales, LITB is an interesting long term proposition, providing they can keep babies out of their conference calls.
I own HAIN too, as part of my 31 stock purchase a few weeks back.
All in all, today is another sleepy bullish day, ahead of Jackson Hole. The Fed is dovish, albeit antiquated and retarded with their choice of chief. And the market is now basking in post earnings fantasy, where tall tales can be told and people can readily get ahead of themselves.
I’ll be putting some money to work shortly.
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The post-earnings fantasy phase is a crucial period for the market….i dont expect this market is going to crack until forced to by the harsh realities of missed earnings reports. Buy away…
…sell the LITB man. Don’t don’t do this to yourself
GOGO is still on fire +4% today! It is still my largest holding. Second is still NAME – a short read for the naysayers http://buysidenotes.com/2014/07/28/demand-media-dmd-the-times-they-are-a-changin/
See you at $20
Dr. Fly – I have not heard much in regards to the Distinguished Gentlemen Only raffle. Did a list ever get published?
All annual members will get a ticket. We should publish numbers soon
Wait, Unc, when you login to an iBC service, your raffle number is at the top of the page.
Correct, I see it at the top when I go to watch videos in AHWOA. Fwiw using internet explorer.
FLY how you liking $AG
still no shipper play? BALT? capes moving along nicely
Doesn’t the crying baby make you think this could be just another Chinese fake stock?
BREAKING NEWS
http://www.huffingtonpost.com/2013/07/12/asiana-pilots-fake-names-racist_n_3588569.html
This just in… we have the names of the CEO, CFO and COO of the LITB company.