I have 5% of my assets getting manhandled via EXH short. I kicked out my VXX hedge when it was +.50 and I sold out of RENN for a 10% loss, thanks to the art of Chinese fraud.
Everything else is absolutely killing it, from GSVC to EXK to AG to CIEN to NFLX. That’s right, NFLX is now my second largest position, long from $80 and I doubled up my position today when it was +.55. In other words, all of my RENN losses, AND MORE, have been made back. All thanks and praise go to the stock Gods. Without them, Senor Tropicana would be playing shuffleboard somewhere in Brooklyn, killing people for sport.
My other Chinese burrito, BORN, is lifting today. But I have little to no faith in Chinese baiju.
I know this market doesn’t make any sense to you. You read the headlines and become confounded by the inverse price action to logic. However, there is a small group of investors out there, cloaked by the secrecy of shadows who knew this rally was coming and will know when it is time to fade it, all supported by the irrefutable laws of mathematics and science of course.
“The Fly” SHOMPS inside The PPT, as it is his burden and task to manage money on an elite level, day in and day out.
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