iBC’s new blogger Mr. Rhino_Cap has been on fire lately, and if you are not paying attention to him you are doing yourself a disservice.
If you are not into bodybuilding, he might be a hard read at first, but don’t let that stop you. Pay attention to his calls, one recent was short the small solars, specifically $STP. He was early, and he was dead right. But, this is not the first time he has done this.
His latest picks are short $LULU, and long $UA, with UA currently being his number #1 position. With $NKE ripping in AH on earnings, I think UA makes sense here. The trend in athletic gear is just beginning.
$LULU just had a series of unfortunate events unfold, and technically looking like a bear flag. If the market does indeed breakdown, this one could produce some hefty returns via put options. I also heard Mr. Poser went negative on the stock Thursday, and he is your man for retail.
So let’s keep this simple, but at the same time hedge ourselves from Mr. Ben Bernanke. Top pick here: Short $LULU, long $UA.
Good luck today gentlemen.
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I can’t thank you for the honor. I’m not really into bodybuilding, but I am ALL about hard work to get what you want, either as an athlete, or a trader.
Love it Rhino, always been a good read for me.
OH, and dude, here is my take on LULU tonight http://ibankcoin.com/rhino/2013/03/22/getting-more-bearish-on-lulu/
linked
Wow! That is one GREAT pair trade! Congrat!
Great trade. But I think its too late now.