I’LL PASS ON $BABA. WAITING ON $VSLR

Oddly enough, I have no take on today’s event. Done some research, listened to the hype, and still have no take on $BABA today.

However, on my 2014 outlook this year I highlighted Vivint Solar, which is scheduled to IPO on October 1st around $14-$16 per share. I had raised a ton of cash for a private offering that fell through earlier this summer, but still plan to invest in this stock when it debuts.

I am uber-bullish on this company’s growth, and their existing infrastructure through home security sales. They are worth looking into, especially if you’ve followed the growth in Solar City.

http://www.reuters.com/article/2014/09/18/vivintsolar-ipo-idUSL3N0RJ3UX20140918

The guillotine has been polished and prepped and the stage has been set. Markets are in balance. Growth stocks are back to their daily ramps, the markets are primed.

Build a list of stocks where short sellers dwell. This will be a list of stocks we attack heading into Stocktober.

CLICK HERE for this list.

OA

I picked up shares of GLUU at $5.30. Last long in this stock was mid-June. Time for another run.

More later,

OA

I wrote a piece around this time last year, trying to spark a contrarian approach to the great Gold Rush over the last several years. By far, I received more emails and comments defending Gold than I have on any other trade or topic I’ve posted. Aside from the klingon’s and mutants of the interwebs defending the Tim Knight bottom.

http://ibankcoin.com/option_addict/2013/08/07/my-sentiment-is-gold/

With all these local businesses around here wanting to buy my gold, it seems that lately, nobody wants to buy gold…

Gold is rapidly approaching a very fast zone to the downside. Which would usher in a panic move we’ve been talking about, and a move to my ultimate target, which was $900.

Dating back to the Mr. T Top, there is a pretty interesting sentiment correlation here. And this also happens to be an instrument that has more folks participating than most financial instruments.

My viewpoint has always been that I have relatives, friends, friends of friends, and neighbors in this instrument. Until they are removed, the path of least resistance is lower.

Look out below.

Before we discuss any more trade ideas today, I have some administrative details you need to be aware of.

First off, you and I both know that even though you think you are not coming to Las Vegas for our first annual Investor Conference, you will be there. You have to. I picture some of you to be reluctant to reveal your identity, or to match a face that only a mother could love with your online moniker. Set that aside for now. As of this moment, our VIP event is nearly sold out, and here soon, we’ll have sold out of the early bird discount passes. Why wait any longer?

After thorough negotiations with Mr. Wynn and his courteous staff this weekend, we’ve established a hotel discount for those that wish to stay at his luxurious hotel. HOWEVER, this deal will not last long. Its nearly half off their regular room rates. You need to make your reservations within the next week or two, otherwise you may risk having can camp outside my room or pass out on the couch in the lobby. Which happens to be a suitable alternative to missing this event.

So book a few gains off these crazy moves we’ve been in, and start making your arrangements. You and I can go for a night on the town, Papageorgeio style. After these last few weeks, its a must. Come enjoy yourself and get to work on those reservations.

OA

Hit me with ticker symbols. Now. We need charts, and we need them fast.

GO!