Always Waiting, Always Wanting

The socials are whispering to you very quietly.  They’re saying, “We’re the way of the future.  We gives not one shittith what the haters say.”  Should the indices stop receiving a daily homo hammer the whispers will turn to SHOUTS.  SHOUTS I TELL YOU.  Ehm…as you were.  What bulls need so very badly is an afternoon delight.  Something to take home and boast about.  Something that makes them want to go buy some houses and cars and shit SIGHT UNSEEN.  This hasn’t happened for some time.  A real ripper.

In lieu of such grandiose afternoon index appreciation, we must continue to expect nothing from the social stocks.  NOTHING I TELL YOU.  For what they giveth will be just as quickly snatched away.  And you will be left holding the chocolate banana (@MOOBER kills me with this).  Yes, TRIP, LNKD, YELP, and P are defying gravity.  Mocking shorts, all kinds.  But they too will have their down days.  I implore you to take scales, lighten up on the rips.  There will be many dips for which to accumulate.  It is game on in the social space.

Meanwhile, over in SVVC GSVC land, things are several shades darker.  Fucking fundraisers and shit.  I don’t like these names but consider them a necessary evil BECAUSE I WANT TO OWN TWITTER.  Not even because I want to own Facebook anymore.  That shit can be purchased direct starting Friday. My risk management says hold SVVC unless it’s committed to pricing below $27.  I don’t want to stick around to see what such activity may bring.  GSVC I’m in bed with.

RAX I want to tighten the leash on after Chess queued it onto his stocks to short watch list.  The stock is totally offering a low risk short entry and I don’t feel like averaging down into a long liquidation.  I’ll sell it tomorrow if it’s looking too red, and will buy it cheaper.  No big deal.

ZNGA looks dicey.  That’s all I can really say right now.