I am 80% long. But, I’ve taken a 50% reduction to my equity exposure this week. I don’t want to get too greedy, like Hansel in a chocolate factory.
I will tell you what I want to buy, because you’re not a threat to me, small pikers swimming in an ocean of sharks.
I want to own OWW, MHO and RBCN. I’m hearing the new iPhone will have a sapphire home button and camera. Therefore, this is extremely bullish for RBCN and GTAT.
OWW is down because its largest shareholder has been selling, hardly a reason for a 30% sell off.
And, lastly, I want to own housing into weakness. The market is on and off with the housing sector. I am thinking the sell off is almost done. Once rates normalize, people will come back to the housing sector and these names will be hitting 52 week highs again.
I also have my eyes on Ag chems, like MOS and IPI. But I think it’s a bit early for them.
As of now, I am exactly flat for the day.
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I’m havin’ a huge day, with a buttload of SWY calls.
When do we put the CVV shorters to the sword?
Im long RH on housing weakness. you like that one? My wife is making me poor at that place.
you think shorts in the names RBCN (42%) and GTAT (33%) gonna get their heads put in a vice?? (no joe pesci)
errrr..vise…A GAME
Rick R looks like he’s breastfed 5 babies.
needs a Manzier..or a Bro…bro
You certainly don’t want to be the tattoo artist, having to support those jugs whilst putting down the ink. 🙂
He lifts using the nipple…lol
somebody mentioned KWK earlier. kinda like it longer term.
Sen. Rand Paul: President Putin, America Is Exceptional
http://ideas.time.com/2013/09/13/sen-rand-paul-president-putin-america-is-exceptional/
So bummed I am not in GOGO, but happy I am in IPI
Augustus Gloop
80% cash myself. Decent remaining position in UCP – we’ll see if it holds above 14. Got back into old favorite OLP last week just above 20.5 – exdiv date in a week. May catch some TRP as a capture play although only if it drops a bit in the final hours. Otherwise not doing much, May even grab a little vix if the market trades up.
did catch a quarter position of TRP 43.85. Also bought a little Apple after-hours 464.88. Been having fun range trading this ticker over the past month. But then decided to sell short some Netflix at 306. Not extraoridiarily large poistions in either, although I will probably play with a growing number of short positions over the coming weeks.
booked 1/2 GOGO 15.05..nice gain from low 12