I bought 20,000 [[AMKR]] @ $3.30, 10,000 [[TER]] @ $4.87 and 40,000 [[PKD]] @ $2.27.
UPDATE: I bought 2,000 FAZ @ $17.87.
Disclaimer: If you buy any of the above stocks because of this post, the next time you are out for a jog, a pack of wild dogs will chase you . And, you may lose money.
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Did the $VIX just break down out of that long term triangle?
I’d ask Gio, but I dunno if he’s ever coming back…
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getting long PKD that’s brilliant. That’s and old dependable name that money loves to pile back into. If the sector performs PKD will out perform.
By the way, see my
SFLY begin it’s journey higher.
SFLY 🙂
Anybody seen the flash sell side notes on MOS today? I listened to the CC, and I don’t get his move. WTF is the story the sell side is pushing to get investors so excited?
I’ll summarize what I heard:
They missed the Feb. quarter and potash prices will be weaker than expected in the May quarter, so estimates for the May quarter are too high. By inference, the full year estiamtes are almost certainly too high as well.
Now add in the fact that future realized prices for phosphates and potash are unknown because China and India are the marginal price setters and they haven’t yet signed annual contracts.
The CEO wants investors to believe the entire global fertilzer dealer channel will be out of stock by fall and all the dealers will be trying to restock at the same time. Investors must not only believe it, but that supply will be so tight it will create the pressure for higher spot fertilizer prices.
I can’t ever recall a company overpromising and under-delivering like this one has done and investors be so eager to give them a pass and bid the stock up.
Some sell sider must have some convincing intelligence they know the prices China and India will be contracting at and they’re pushing it hard. Anybody know?
Well played, sir.
Well played.
I is patiently await my cheezburger, as well as wait for govt to arrive at a set of rules. Until that date, I shovel the snow off my lawn and begin the gardening.
Debate: how are my comments any less sensible than
the market?
MOS move is confusing. My thinking is that they are bidding this up in order to suck people in then hammer it down. I have been saying that about the market for weeks now and have been wrong. Wrong on the timing that is. The hammer will come in time
PKD … very interesting.
Tock Tick, Tock Tick
FLY says FAZ is not a Dick
I will Hold, when I shoulda Sold(@35)
And hope that FAZ brings Pots O’Gold
oopsie … Fed minutes reveal economy still sucks
http://www.bloomberg.com/apps/news?pid=20601087&sid=agiMUIJwiBGk&refer=home
Psst. Cramer is going to say buy homies.
Pass it on.
Pssst…tell Cramer my dog wants a blow job…
Pleeez.
I know a cute poodle down the block who is much better looking than Cramer.
Fly that faz is a great buy. as this market will begin to sh*t the bed. excuse my language. but it will
I am looking for a good entry in FAZ too. It seems that FAZ has been trying to form a bottom here. But I need to see some vol and strong upward moves before I open a long position.