The banks are up too much, too quickly. I am selling out of all my banking plays, with the exception of [[LAZ]]. In addition, I will redouble my efforts betting against the morons at [[LEH]]. And, just to fuck with Ducati, I will triple my [[SKF]] position.
Aside from that, I am looking to milk a few pesos from [[NILE]]. The company is due to report earnings tomorrow. Honestly, being long the stock into earnings scares the devil out of me. I want to pare down my position prior.
Long [[FXP]] and [[FMCN]] makes sense to me. And, long [[REW]] and [[NVDA]] seems like a winner. By the way, NVDA is due to report numbers this week. Scary.
At the moment, money is coming out of tech/financials and going back into “ag plays,” much to my chagrin. Oh Lord I despise the shares of [[POT]]. My short position is very small, so do not think I am worried—because I’m not.
Fuck you.
Nonetheless, I will be patient.
Top picks: SKF, FMCN
UPDATE: ISM data showed growth. Full steam ahead.
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Holaaa amigo! Happy Cinco de Mayo to all the dirty gringos and their “pancho villa”, fly!
*fires pistol in the air *
aiyyyyy yaaiiii yaiiii yaaaiiiii!!!
I’m hungry … more fertilizer from POT, please.
what about srs??
SRS is good here.
Looks like everything is getting a bid now, banks included.
You are incurring the wrath of Hank with this post. Good luck and watch your backside.
Alpha:
The new Fly is much quicker. He will scalp a little SKF here and a lot FMCN there.
My time horizon on trades has gone from 3 months to 3 days.
ALT~A the next blow up at a bank near you
You are definitely much quicker, due your higher IQ and a Monster caffeinated condition.
I can’t keep up. I’m approaching 47 1/2.
Off to steal some coffee.
Once the Dunkin’ man puts the coffee on the register, I run out with it and make a timely escape in my new Lexus.
GW,
Timing is everything in this market right now. No doubt, Alt-A could be the next Uggs to drop.
Excellent. Which Lexus did you get?
I drive a lowly Camry hybrid. It is appropriately green.
I used to own a Beemer, but it cost an arm and a leg to fix and maintain. One time, the mechanic had to order a part from Germany. Enough is enough.
My other “car” is an F-150 (for hauling my gold bricks).
I thought you took the subway to the “office”?
Wow ZOLT halted, anyone know why?
Oh yeah finally getting ZOLT where I want her. Wind is the way to go and ZOLT should be bought this cheap. I am in at 20.75
gap-
Zoltek announces its previously issued financial statements as of September 30, 2007 should no longer be relied upon
rumor is that the CFO embezzled $250k
null: I know the announcement, they said 175k+75 but seriously thats peanuts. Not enough for a 30% haircut.
gap-
again, i must say you are one brave son-of-a-bitch.
you are already up 10% ~ish in 30 minutes, you arent considering dumping?
Null I am going to start selling soon. Its fucking sniper school out here and I can’t afford it.
You people are idiots if you think the market can rally when oil is firmly at or above 120.
FRY,
pick a friggin side….you said you sold out of your SKF position, and now you add to it?
You sound like an old bearshitter who needs to be kicked down the stairs.
AU:
I bought back in on Friday.
You really should read more often.
Just so you know, there are no sides, just right or wrong.
Fly – slow day today? What’s with all the replies in the thread?
I did that the other day with my senior citizen’s coffee (.50) at McDonalds and on my way out I took about fifty napkins and 70 Splenda packets. I came out way ahead on the deal. Nobody fools with an old man as they figure it’s Alzheimers.
true, no sides…but in general are you now hiding out in a cave fishing for salmon or out in a ring running down brightly colored short guys with spears being throw at you?
Yes.
nullPointer: How about this ZOLT trade?
gap-
got sidetracked with my “real” job, sorry.
i am assuming you have done ~something~ at this point, as 2 hours have passed.
i am a scaredy cat pessismist, so i would have taken the 10% and ran.
but then again, i wouldnt have gotten in, as it breaks my “falling knife” rule
as i am a scaredy cat, i dont throw $$ around like you guys…this means i dont make the quick money you guys do, but it also means i dont get my face ripped off too often…to each his own, ya know?
Null: I hear you, well I had been watching ZOLT for a long time as I am a wind bull and would buy Vestas but it needs a breather. I sold half of my ZOLT at 24. I will hold the other half with a stop at break even on it.
gap-
nice 15% gain….since you are bullish the stock, you just subsidized your entry price (on the half you still hold) even more.
your call was correct, but damn you got balls….i would avoid any signs of a CFO embezzling at any costs (i dont care how much $$), as i would think the street would be seriously questioning EVERYTHING in the ZOLT financials…(i.e. sell now, ask questions later)
you made the right call tho…congrats!
…did that the other day with my senior citizen’s coffee (.50) at McDonalds and on my way out I took about fifty napkins and 70 Splenda packets.
Chortle!