Even though I am cautious ahead of “The Hole,” I still believe this is a long only market. I’ve said that on several occasions. If you insist on having shorts, pair them with longs to accomplish neutrality.
With the market running again, despite my defensive nature, I’ve managed to gain nearly 0.3% intra-day, thanks in large part to LOGM and VHC. I should have purchased APKT yesterday. It had the look and still does.
I added to my meat trade, gobbling up shares of PPC like a turkey on bath salts. I am fairly certain PPC will be a winner. However, my position will be built slowly, as I enjoy to braise the shorts before eating them (no cannibalism).
YELP is a lunatic on the run, escaped directly from the asylum itself. I am speechless.
Last night I was going over Mrs. Fly’s portfolio, which consists of retail and restaurant names of her liking: absolutely outrageous. I can tell you this for certain: she definitely knows her shopping. She’s a big fan of ULTA, SBH, TGT, COST, LTD, FRAN, KORS, AEO, CMG, AAPL–just to name a few. I queried her for beaten down plays, uninterested in chasing retail up here. The only stock she liked that was down is GES.
Top pick: Long the Bearded Clam
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The ‘Peoples Tribune’ already Bot APKT after your fantastic (no homo) call, thanks and HAIL ‘Fly’!
I hope were not in for a big letdown Friday.
Long, long shot spec VRNG. Too much fun to avoid the good chance they bong GOOG for a kingly sum. And, always long clam with a short beard.
Always Go For It! V.King 1:03
To be big you have to be big…V.King 1:01
Rick Ross has Man Boobs, he really should leave his shirt on. For us Bears, always hedged with gold…but this divergence is one amazing thing to behold. AAPL topping today too is just crazy.
With the constant threat of QE (and 0 substance or action from central bankers mind you) keeping a bid underneath this market, I cant think of 1 reason why it would ever go down again this year?
Some fund out there somewhere in the world decided today would be the day the can’t miss arbitrage opportunity in share lockups would be closed for good. YELP proved to be a damn good vehicle to boldly make the claim “This trade is OVER!”
Let’s see all the Facebook shorts navigate lockup expiration’s after today.
Or, if you’re REALLY a bear you’d believe Morgan Stanley was engineering this all to help ease their egregious mutual fund holdings in FB through what was supposed to be volatile months ahead.
VHC just spiked. Did you cash in?
50% cash
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The term mutual fund is less widely used outside of the United States and Canada. For collective investment vehicles outside of the United States, see articles on specific types of funds including open-ended investment companies, SICAVs, unitized insurance funds, unit trusts and Undertakings for Collective Investment in Transferable Securities, which are usually referred to by their acronym UCITS.^:-`
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