We don’t have many friends in the Mideast. If Egypt is the strongest ally we have in the Arab world, it’s hard to believe that we can’t improve our position here. It’s either Woodstock or Altamont.
We are now heavy into gold stocks, ETF, and USO. The situation in Egypt going into a long weekend and the end of the month will make hedge funds nervous. Expect a very weak close. Hedge as much as you dare.
The Fed decision today to leave rates unchanged should provide some near term impetus for gold to trade higher. These two prominent gold miners, NEM and ABX seem technically poised for a bounce.
We have a very high cash position right now, almost 50%. Half of the securities we own are municipal bonds we blogged about earlier. The rest is in Intel, AMSC, ARTC, and a new position, SHLM. We could be all cash in seconds and net short. Stay focused you should get a buying opportunity soon.
Everyone is fixated on finding the next Apple, but look at this stodgy department store, Dillard’s. The stock rose twenty fold in twenty three months. Too bad I didn’t buy it. It’s been on my screen since $2.75.
True Religion Apparel is technically poised for a bounce. Anecdotal checks of inventory show little discounting which leads me to believe that XMAS season went well. The high end consumer seems to have fared better than the lower end demographics. Catalyst. Company will be presenting Wed at Annual ICRX Change conference after market closes on […]
Our largest position is Visa which is 16.41%. This is an out-sized position and we will be reducing it soon one way or the other. We all know who Visa is and we think it is pretty clear that cash transactions are on the way to becoming extinct and Visa is the prime beneficiary of […]
Classic case of massive insider buying, doubting and mounting short position, legal wrangling with huge implications. We loaded with call options limiting our losses but taking the full upside for at least a while. Apparently no one really knows the future earning potential of this company as well as the people running it who see […]
This is truly a disruptive company. What I mean by that is that this Company, SODA, has the potential to destroy CocaCola and Pepsi’s business model. I know that is a strong statment and I don’t own a lot of this stock yet but I am a big user of their product and I haven’t […]
Dell is cheap, insider buying, and the rumored possibility Michael Dell may take the company private although that makes no sense to me unless he is just fed up answering investor questions. I think Dell is a cash cow and you can make more money with Dell over the next six months than Apple. I […]