It is true: Yesterday, I sold out of 90% of my Green Mountain Coffee Roasters Inc. [[GMCR]] position. However, that does not preclude me from participating in today’s spike, quite the contrary. For the love of little squirrels and French strudels, I am still long the stock and will be most delighted to see it charge higher. See, I am not attached to stocks, like you are to a chart. I use them as vehicles, in order to get from point A to point B. I will not lie to you and say “I never get emotional with stocks”; because I too am human (half) and fall victim to delusional fantasies.
Case in point: holding Flotek Industries, Inc. [[FTK]] , with an overall cost basis of around $2.30, was a mistake, yet here I am still holding it. Why?
Perhaps I truly believe that the stock has been unfairly punished and is cheap? Or, maybe the stock possesses hypnotic powers over me, effectively tossing me into a handicap chair, disabling me from selling it. Whichever the answer, I should not be in the stock, period. However, since I am already in the stock, with no choice other than to root for the shares to climb higher, I insist, rather emphatically, that the company is led by fucking big booted homo clowns, who must use company dollars to shoot each other in and out of carnival cannons while saddled on lazy camels, instead of selling drilling parts. Hopefully in 2010, they can regain some dignity and I can get the fuck out of the stock.
Another interesting name is Sears Holdings Corporation [[SHLD]] . The stock has been a favorite for shorts, mainly due to K-mart being such a terrible retailer and Cramer loving the name. Nonetheless, Sears is a cash cow and the Chairman, Eddie Lampert, is on a mission to annihilate those who bet against him, via large company sponsored buyback program. Let’s face it, the consumer goods sector is on fire, as evidenced by sales data out of Whirlpool Corporation [[WHR]] and Jarden Corporation [[JAH]] . Where do you think those fuckers sell their fucking blenders?
Look for SHLD to bust through $100, AND MORE, in 2010.
Finally, let it be known, it’s cold as fuck here in NYC. Natural gas has been an enormous disappointment for investors in 2009. All of that shit is about to change, in a big way. With my money, I am long SandRidge Energy Inc. [[SD]] and intend on making it a top 3 position of mine, alongside other names like Arena Resources, Inc. [[ARD]] and GMX Resources Inc. [[GMXR]] . If you are wondering “what’s it all about,” I will tell you.
It’s all about flaying short sellers and wearing their skin to your next dinner party. That’s what it’s all about. Find a stock with a large short position, accumulate it ever so gingerly, then go in for the kill.
Top picks: SandRidge Energy Inc. [[SD]] , Corinthian Colleges, Inc. [[COCO]] , Sears Holdings Corporation [[SHLD]]