First, I would like to say congrats to Jake for winning the tabbed blogger posiiton. I hope you’re ready to be treated like a slave.
Second, I would like tell the rest of the gang, Job well done. We had a bunch of great content this week in the PG, and it’s a shame that only one could win. Good work guys & gals!
And, now for the Final Four Trophy presentation:
The winner of the second annual MadStock Tournament goes to…… Wabisabi, with his short pick in [[TZA]]. Congratulations for seeing that all 3x ETFs need to be shorted.
Note: Goldie had the best stock performance through the whole touney with his pick in STP. If you would have bought [[STP]] following Goldie’s pick you would be up a cool 176%
Job well done guys. Drinks for everyone!
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Thanks RC, and Congrats Wasabi. I will have sushi in your honor tonight.
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STP, baby!
The DPeezy entry in the ‘Stock of the Year’! Holla!
Congrats Wabisabi
Thanks RC for the shout out!! I would like to point out STP was my second pick. My first pick was (drum roll please) Long FAS. Unfortunately it was not allowed because it was below $5. It was trading around $2.50 at the time. FAS would have got you a cool 200%+ return. Now that is godly fucking stock picking.
P.S. As of Thursday’s close I am now long FAZ and heavy long SDS… Odd no?
cheers