It’s another glorious day in the market as short sellers continue to feel pain calling tops. The portfolio is up near 2% thanks to gains in $RENN, $RGLD, & $EXK to name a few.

It hurts to see $SINA get away from me. I had my finger on the trigger to buy back in all morning, but I never got the pullback I was looking for, and the fucker ran from me like track and field. No worries though, I decided to double my position in $RENN, which tuned out to be sublime precision, and I’m banking coin once again via China.

As for new positions, I have little on my radar, but if you have been following along then you know I’m already pretty long, and have been all year.

I will leave you with a question people keep asking me, when will I sell RENN? The answer is the same stop out below 5, sell for nothing less than 6.

Note: Make sure to follow along via twitter @RaginCajun and our premium chat room, 12631.