I will probably take a stab at it, below $90. For some reason, people love bank/brokerages again.
Why fight it?
After all, they just reported the most horrendous set of numbers I’ve ever seen, in my 31 years of existence—yet they trade up.
In my opinion, LAZ looks the best for a trade, right now.
In other news, MVIS is climbing today. As promised, I will start to follow the company with greater vigor, during the 2nd half of 2008. Providing they are on track, I will buy some shares.
I’m starting to buy HANS again. Its been a long time since “The Fly” went long, the Godly maker of the worlds best soda pop: Monster Energy Soda.
If only the ungodly cost of production and trucking can go down, HANS would be rocking right now. Nonetheless, they are a premium brand in a booming world, for both KO and PEP. I do not think anyone would be surprised to see a $50 bid from either company.
Chinese lottery stocks continue to impress. Today’s winners are: GSI, GU, SEED, SOHU, NOEC, EFUT, EJ, JRJC, NTES, GSOL, SNDA and WX.
However, keep in mind, towards the end of every rally, the shit floats to the top.
Speaking of shit, “crap handed” energy stocks are running, specifically SYNM, TMY, BEXP and FPP.
My favorite crap roll in the sector is OMNI.
Top pick: LAZ