(Egregious lack of witty picture)
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I must admit, I am at a loss. I am tonight on the wife’s Apple Product, which is allegedly far superior to the mere quotidian workstation of the Microsoft enabled drudge.
Unfortunately, pasting a chart from this magnificent machine, which cost me an arm and a leg last Christmas, is seemingly impossible. Let me try in real time:
Nope that did not work. Froot loops.
Anyway, it was a chart of ENTR both weekly and daily, and it showed a pullback to about $5.99 — where it closed today. That looks like a nice place, but it can probably pull all the way to $5.70 or so, w. out much damage. That’s where I’d look to add.
Remember, the Fly wanted us all to buy this below $3? Would that he stuck to this pick like I did. I may actually add tomorrow.
Here’s the trick. Winnow the schit that doesn’t work, but don’t be too quick to assassinate a good stock. Cut back if you must, but leave a little something on. I have only profits in ENTR, even on the stuff I sold in the low $5’s.
Patience. Watch the barbell (tech burners like this and the PM’s on the other side). Watch the fear ratios. Be not afraid.
I will try to get back to you w.out an Apple product soon. I could kill Steve Jobs.
Back to egregious cigars and egregious vin rouges.
Enter The PPT, my friends, but do not spam there. Ye shall be punished unto death.
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Thank you very much, Mr. Roboto
For doing the jobs that nobody wants to
And thank you very much, Mr. Roboto
For helping me escape
Just when I needed to….
I know what song will be running through my head tomorrow…..
I am the modern man!
Thank you, thank you, thank you
I want to thank you
Please, thank you, oh
There was a time, believe it or not, when people merely wrote their thoughts and images were left to the imagination of the reader. This will be a healthy exercise for you viewership, I believe, despite the frustration blatantly caused from Jobs’ transgressions.
The images I might script might be too disturbing for younger viewers…
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Hate Steve Jobs? You are in good company. So does Scott Adams, creator of the cartoon “Dilbert”. Now you need to hate AAPL enough to buy it as he explains in his WSJ essay:
http://online.wsj.com/article/SB10001424052748704025304575285000265955016.html?KEYWORDS=scott+adams
That article was pretty humorous. He’ll get his clock cleaned in equities, but I laughed.
Yes, I’d read that too. I think it had him buying BP as well…
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I rode ENTR from 2.50 to $4 thinking i was wicked smaat. Not so much.
However, I have an unhealthy love for that which you don’t understand (tsk tsk) and have been riding AAPL since $54. I believe in Steve Jesus. I believe.
Did a very brief look on this and I’ve got a question if you don’t mind.
ENTR
Trading at ~430mm market cap
Book value of ~50-60mm
Cash flow nominal, nothing stands out to me.
Where’s the appeal? What am I not seeing?
Book value?
Did you really say “book value?”
Oh.
Ho ho.
Look to pipeline and “partnering,” not so much “book value” on the fabless-ness.
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SLW, mah biatches!
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All the Jacksonians performing nicely, Jake. Even that laggard TCK has decided to start behaving again. Regarding the seasonality of the PMs, do you think that it’s going to be different this year since we are so strong now even as we approach July? Or are you looking at some level on the $HUI as possible resistance (as you might have mentioned once and which I’ve forgotten).
Thanks for your patience. I really appreciate all the knowledge and experience that you impart on this blog:)
Have a nice weekend with the Mrs and the 4 little Gints:)
I expect we should get a nice pullback after this surge. I also expect the dollar to start crumbling big time.
This Obama is a real nut, and the Dem Congress is not much better. Like Hugo Chavez-level nutz. I never thought I’d see it, but the roll back on personal liberty and property rights being engineered by these people, in such a short amount of time, with such limited, razor thin bill-passing margin…. it’s breath-taking.
We will be many years repairing this destruction. Good job, American electorate, you get what you swallow, and this time you swallowed the hook.
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Should have looked to austin powers movie for witty pict of mr roboto.
Problem wasn’t in the choosing, but in the pasting.
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Matta-ah-fact don’t spam iBC either. The long wing of R.W. easily spans the two domains. Or do – I thoroughly enjoy [sic] watching the internet proletariat get banned, AND MORE. Hell, press your luck far enough and I’ll personally see to it that your account gets fleeced to a state of rabble. Lord knows I will drink YOAR milkshake!
Sort of an inside joke. Henry recently achieved the fine distinction of becoming the first PPT gentleman to be banned from that sacred sanctum.
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Jake, now he can go talk Lady G into $IMAX and $TIVO.
Best,
charlie
Was Lady G banned or did she just quit?
I thought she had sort of picked up her ball and left?
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It was one or the other at that point, from what I remember.
Sent you a vid of louisiana coastline.