I am eying stocks with big short positions and approaching 52 week highs. I am betting capitulation is just ’round the corner in many of these names.
I missed out on one trade mentioned today in The PPT, with XONE. It has spiraled higher since. I have another on deck and will buy it, providing I am able to free up some funds.
Bottom line: I am up another 1.5% today and BALT is on the move. Two of my dark horse plays, RBCN and GIMO, are showing potential too.
I can’t complain, even though I want to. I see stocks up 9% for the session and get jealous that I do not own them. But that’s an awfully childish way to think about one’s investments, is it not? I can’t go around, like a spoiled brat, pouting for only being up 1.5% instead of 9%, can I?
I most certainly cannot, nor can you feel the right to display indignation in these halls and question anything that I say to you. One doesn’t take charity and good fortune for granted. You are both fortunate and the recipient of my charitable donations by allowing you to read this site, a place of great literature, second to only the Library of Alexandria.
Good tidings.
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Hi Fly,
I am still holding some OSG from way back when. Does any of your analysis bode well for them too? Trying to decide whether to wait to see if it can chip away at my loss of if i should just cut it here. Any thoughts? Thanks!
OSG is in a sweet spot. I’d hold
Awesome. Thanks Fly!
Fly, you are the man. Great call with BALT You roasted my nuts with SOL, which was boneheaded, but you are a God with BALT. What do you think is a realistic target?
He’s been adamant about $10.
so in 10 we trust
10-15
I will be snorting cocaine off the asses of highly paid hookers at $10 as I am overly weighted in BALT…thank you good Dr.
if it reaches and closes at 15, I will donate $500 from my proceeds to a charity of your choice. — that’s my pledge
Any reconsideration of MODN?
Wish I hadn’t sold it
10-15 before Jan expiry would colossal, stupendous.
no way…but we can hope
Damn! At $10 BALT I can afford to fuel up the plane and pay child support. Good man Fly, good man.
lol,only in America indeed