Joined Jan 1, 1970
1,010 Blog Posts

take out the air

Smart investors know that buying explosive moves in stocks such as VHC can be very rewarding over the long term. It is a real positive for VHC to have filled the gap which coincided perfectly with its 100day moving average. This is now clear to sail to new highs…


Chuck Bennett

Comments »

VHC talk (Victory Edition)

(Originally posted 11/5)

After the close today, judge davis dismissed about 20 Apple motions in 30 seconds. Odd no?

I hear some drivel about “what if VHC wins but gets a much smaller amount? stock will go down ” I have a few things to say about that. Some of this comes straight from the devil’s mouth.

Lets figure this out, asking for 700 million for past damages, lets just say they get 200 million. Oh no saul…. this is terrible, right? With the 70 million they have from MSFT it will last them almost 5 years. Question, how much time will 200 million give them?

Take it a step further, consider future revenue coming from 4G. How much will that be?

Is the size of the past infringement amount really that important if you think about the on going rev coming from the future. I say no. The amount doesnt mean shit. Small or large.

Your in the school yard, my high school down in south jersey. You get into a fight with the badest mother Fer in the school. 6’6, 280, running a 4.40 sec 40 yard dash. You just kick the sh-t out of the dude. Everyone just saw it and knows you the F you are.

This is the beginning, and CSCO, Seimans, Samsung, LG , Google you name it, they all will cave.

Its that simple, I dont give a sh-t about some amount, only the victory.

This subject has just been adressed. No it is up to you. Man up or p-ss out.


chuck bennett

Comments »

Nymph’s Take on This Week

These are the Two that I am waiting for to set a date…wish they would already get a room.

Tonight in the Asian Session we got the RBA minutes which made it pretty clear that they won’t cut rates for awhile. As a result of that and the China Banks adding liquidity to prop up their 3 year low stock market..we are getting a risk on rally with the eur/usd hitting over 1.2400 in the Europe Session. Commodities and Banks are the stock plays.

But what is the Bigger Picture…Well, of course it is the Rally in Oil, especially Brent which is sitting off of last weeks highs of 115ish at 114 in the Europe Session. And  the Big question, what will trigger a reversal in this crazy rally that it has been on? I, of course, thought that it would sell off last Thursday/Friday with talk of Iran Sanctions G5+1 meeting being set in the end of August and the Option X of Brent. This was a especially a good set up with White Houses talking (along with UK and France) about dusting off plans regarding the Strategic Reserves. BUT, alas, we had major talk of possible attacks on Iran by Israel and gossip that the Negotiations were at a difficult stage which supported Oil and prevented the sell off. Well, we are in a New Week. Cathrine Ashton (pic above) is talking by phone with Jalili (pic above) about a date for the meeting for the Global Leaders. The White House appears to be putting pressure on Israel to dampen down War talk. API/EIA is expected to show a build again if we believe Reuter Analyst. My take is that the market is waiting for that Date of a New Meeting of Iran and Global Leaders or Israel to blow something up..my bet of course is with talks. What really amazes me is how little demand there is for Oil out there. Tonight China is showing they used less Oil, even less Iranian Oil which they are paying way below market value for.

For the rest of the Week, IMHO, the most interesting pieces of data is the Flash PMI’s out of China and Europe. China is being hit with bad weather and Europe was going on Vacation so they should be on the ugly side. Most of the Press is talking about the Greek/German/France meetings but Merkel’s people are coming out tonight downplaying any chance of having anything big coming from all of this…so yawn. The other biggie is the FOMC minutes, mainly more detail about what everyone was thinking, or not thinking. BTW, it is amazing how enthnocentric our Fed is. If you read, like RBA’ s (Australia’s Central Bank) you get have the minutes focused on Global Markets…but ours are normal one or two paragraphs on page Nine or so. Anyway, we should see that the Fed is not as QE happy as the market thinks it will be imho. UK GDP data is something to watch.

But, the true story is Oil..so we must sit and wait. (some argue that North Seas Production is a big factor, but that is one field out there and it was only important last week before options because the Buzzard Field was controlling the Brent Price because it was historically the lowest…but we are in Oct Options now and Buzzard should be open mid October and with demand being so low it really is of little importance. So for tomorrow, we should sit and chop after this “risk on” rally peters out until we get news out of Cathrine Ashton that no new meetings are going to be set with Iran or we get news of a End of August Meeting date for Iran and the Global Leaders…until then we sit and wait.

Comments »

What we know and dont know

Lets face it, 20 to 41 was a very nice move. If you wake up and see it at 30, is it a buy or a sell?

The only thing VHC holders did wrong was to under estimate the shorts ability to get the media to be on their side. I don’t like to name names, however Herb G. should check his neck.

These types of fights keep everything real. You either embrace it and bank coin or you run away. I compare this stock with one I have traded for years. Same shit, big short position, people saying it was worthless, even Herbie G came out and bashed it. At times, I would think twice about my whole premiss regarding the stock. A few times getting shook out because of this. Guess what? IOC is trading much higher and I have banked coin all the way.

Things are being worked on as I write this. VHC is a much better investment then IOC @ 15-25 in my opinion. Only near term risk I see is fear
and not knowing.

I know. So, dont be stupid you dummy.


chuck bennett

Comments »

all the pain today, and now George Jefferson is dead? Whats next?

My best wishes to Wizzie and Lionel.

Up dates. KS is strong, I sold some shares and options over the last 4 days. Only because the stupid market forced me to do so.

CGA is being accumulated and in a short time, I hope to reveal to all of you my reason in the form of an announcment of # #### #### by ##########. 6.50 to 7.00, 8 would be real sweet and fair. You girls should have learned years ago. I dont think I should remind you. I’m 100% whe it comes to this sort of thing.

VHC, let me just say Herb G. ###### us. Everything he said friday was wrong, not sure if he even got the number of employees right. 13 or 14?
Larson has 6.9 million out of 9 million pledged for a 5 million dollar loan. Was it right to compare him or to a margined out GMCR insider? Short answer no, however only if you did it on purpose. If that is the case, its very fair for him and any shorts he and Jim “the kiss of death” Cramer may know or attend church with.  This guy may have his own agenda,  a few things give it away.  Nobody acts this way unless they do.

 Just like with politics, if  people knew the truth, most politicians and Greenbergs would be in Jail or worse. For Greenberg, I hope he gets bloom syndrom and tay-sachs disease tomorrow morning. (at least I didnt say cystic fibrosis) only because VRTX will cure him.

Mr. Short, who has a 12b 5-1,plan selling shares I think has been doing it right. Perhaps he should stop selling and start buying at this point. It will give these vagrants one less tool to trick little old retail investors and other forms of smurfs out of their shares. (YELP comes to mind)

I can predict this, VHC will trade to a new high in a month or so. Thus, if you use this for what it is. The coin will be banked. This was a gift for all you late comers who bought this shit at the highs. We are 14 shitty point from 42. Buy it now or shut the f### up already with your 400 shares.

Dont forget, I single handedly stop this from going down when I let some shares go @ 27.90 and 30 . I called it to this effect. Your fu##ing welcome. I will be buying it back shortly.


chuck bennett

Comments »

lets play a game

First and foremost, your fu-king welcome for KS. Granted a 70% gain in my options and a 15% gain on the stock in 7 days has been fun. But lets face it, I expected it to happen. Moving on,

I have been buying another stock since friday of last week. Bought options yesterday. Lets play a game shall we? The industry is fertilizer companies, the place is china. You find the company I’m buying, I will tell you why.

Hint, I bout 366 calls of august at .25 yesterday.

Get to work. This is gonna get good real fast.  Lets not forget, if your not in The PPT, I dont know how you will get this one until atleast a few days later. So man up free boy and bank some coin.


chuck bennett

Comments »