I bulked up on FRO all day, putting me close to a million shares. With my other sales, however, I am nearly 65% cash. I realize the market was resilient today and there were many pigs in the mud fondling one another. But that’s not my game.
“The Fly” is merely into close to or actually bankrupt boat stocks, as an acute form of riverboat gambling.
My intention is to buy 1 million shares under $2.40, then sell it all above $3.40, in order to make a clean, crisp, one million dollars (extra Dr. Evil).
VHC reversed to the upside today, after getting Apollo Creed this morning. The Devil made the call and members of The PPT were in the know. However, I have zero interest in buying that wretched stock right now.
My shorts in JCP and CCL made me some money, but AG milked me a bit. Silver was supposed to trade lower today, which is why it did the exact opposite. Going along that same train of thought, I believe today “could” have been a headfake. Beware for broken elevator shafts during tomorrow’s trading session.
As for Le Fly, he will trade about, here or there, finding opportunities when they become known. As of this very moment, I an picking my afro and applying some motor oil grease to it, just to give it that extra shine.
Know what I mean?
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