iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,304 Blog Posts

I WENT ‘FULL ALBERT ACKMAN’

I sold out of my COST trading position and redeployed those assets into more FCX, SHAK, PAH and I started a new position in VRX.

There’s too much smart money in VRX for this to be a scam. The most likely scenario is, the big scam are the lies that are being purported by the media. If it was just Ackman in VRX, I’d consider the fact that he might be Ron Johnson wrong on VRX.

But there’s too many very capable and competent managers long the stock.

It goes higher.

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2 comments

  1. gorby

    The debt ,the debt

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  2. og

    Bought some in the IRA.

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