Last week (there is no need to report on these crap businesses in real time) Sirius and XMSR announced plans for post merger price drops. As I expected, the title WOULD have been CORRECT if they were talking about price drops for their stocks . Both stocks are down 10 plus percent since the announcement. …
From: July 2007
Trump 'Meat'…I Give Investors The BONE!
I don’t think I can ever eat steak again after seeing this . My friend BSD – the ‘arbitargeur’ :) – passed this meatball along for our Trump digestion. I have decided to become a vegetarian and short TRMP (down yet another 10 percent today). This ’empire?’ looks ready to implode once again. Disclosure- Nauseous
CROX is still Rocking
At least 5 emails a day from crox shortsellers. If you are still short this stock, you need to stop reading this blog. It is not for you. My children and I each bought two new pairs today and the stock is uo about 20 more percent as we speak. I have only converted one …
Tour De Farce
Oh man is the Tour a Farce at this point. I used to live for this event. Hard to believe but I was an avid triathlete back in the day. One hundred mile rides were the norm and carbo loading was ‘good’. Here is what LeMond had to say on the stand today after fellow …
Hired a New Broker Today
Thanks for the lead FLY:
Trade in SMH
I did buy 200 August $35 calls in SMH here with the stock at $38 Let’s see if we get that bounce. Disclosure – LONG SMH Calls
Semiconductor Watch
My $38 line in the sand on Semiconductors (SMH) is almost at hand (blogged it a few weeks ago). We have fallen a quiick 8-10 percent into this major area of support. If we rip down through $38, I would be very cautious about adding new positions in tech and would expect to get stopped …
Some Days You Just Lick Your Wounds
Shrapnel and sharp artillery to the face from the market today. Let’s just say we were due. In this selloff, other than nibbling and getting steamrolled by MTH and ITB, I have help up very well because of the ‘six horsemen’. That won’t last if the selloff continues. This selloff is different for a few …
Prison Break on Wallstrip…CXW
I don’t own it, but I am tempted. If Guns, War, Alcohol, Tobacco, Porn, Pulluters and Nuclear Materials are the ultimate trending businesses, shouldn’t the private prison be an ever upward trending business to own as well? Today we take a look at Corrections Corporation (CXW) on Wallstrip . I am breaking the all-time high …
Message to FLY – You Had me at Asshat!
BUT, you throw in a little Trump attack and I am going to link to you. Can we please get a Trump Asshat MEME going here. Can we not explain to the extremely boring and regular Market, Apple, CROX, Google and RIMM haters that their energy should be focused on turds like Trump. Likely not, …