It’s been humbling riding the entire death wagon of the post Facebook roadshow. Oh how naïve I am, to think I would make short term gains playing a hot sector. Correction: I am naïve for ignoring the charts and everything they were telling me.
This is what happens when you find a stranger in the woods. This is what happens. I have a methodology. It’s simple really—and it’s based on price action just as it has been for years. For years it has treated me well. Then I thought, “Hey, let’s change things up a bit I love social stocks.” So I built a portfolio consisting almost entirely of social names. All was well as the charts supported the thesis at the time. But soon I was caught, deer in the headlights, as an envoy of fifteen Mack trucks barreled down a steep grade carrying sell orders. Instead of sashaying my rickshaw of stocks to the shoulder, up atop a hill in cash, I figured fuck it, I’ll jog down the middle of the road and onlookers will watch with suspenseful glee as said death trucks part like the red sea. LET MY PEOPLE GOOOO MUTHA FUCKAAAS.
Of course anyone watching saw the carnage to follow:
My left arm, amputated by the mirror of the first truck (ZNGA)
Both legs, mangled and partially severed by two trucks passing each other (SVVC and GSVC)
My dick, smacked by a large rock hurling from a gravel train (AMZN)
And the rickshaw continues to be dragged downhill, by two hand job homos in a small Volvo truck (YELP)
And here I lay, a bloody mess, confident in my only remaining appendage, my strong arm. In it I hold two items: a match, and a stick of dynamite. These last two shreds of dignity, are what I intend to use to propel my mangled body to the top of this hill. TRIP AND PANDORA. TRRRRIIIIP AAAAAND PAAAN DORA the explora.
They still look good on the charts, they fucked shorts up during last month’s earnings more than any other name, and they could rip hard. I have a few other names, buttons on my jacket if you will. But what are left of this idea, this thesis, are TRIP and P.
And they could still be losers. So don’t be a loser but instead trade them well and based on your own risk profile. I have mine all wrapped up on these names.
To the moon if it’s the last goddamn thing I do.
http://www.youtube.com/watch?v=4AD5fX4sveo&feature=youtube_gdata_player
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Good news: I subscribe to P.
Bad news: I am the only person I know who does.
Good news, they don’t rely on visual mobile advertising. They blast’em over the speakers of everyone you know. I really don’t see paid subscriptions as a factor.