November Stock Talk IV

Speaking of "Batman," I remember him on CNBC back in the 90s (when I was a dummy watching it, thinking I'd learn from "experts").  Hahahahahahahaha

 

Batman was a big, tall guy.  I know he didn't like "say the same thing over and over again" Jimmy Rogers.  It was funny to see them on at the same time on this Sunday show CNBC would televise.

 

CNBC is nothing but entertainment.  Those people on there yapping about this and that are just like the gambling touts and evangelists.  When it is time to make real money, you got to turn a deaf ear to the noise, cause they don't know jack diddly on CNBC about how to make money.....their whole mantra is to scare the bajeezus out of people making them believe that if they don't tune in, they're going to be left standing and waiting.  The reality is that they wait forever.

 

WSC-

 

Yeah, whatever you lost today can and will be made up if you just buy the common long and laugh all the way to the bank after this election charade is over in about 12 months.

 

These puppets will lie and lie and lie about what they're going to do for people who use solar panels.  We would all be insane to miss this train ride.

 

Think 60 to 165 in SPWR was wild?  We're just getting started!

Kudlow is smart.  I remember him back at Skandia.

 

Hey Koaj, you know the public is all over Cincy again.  Raven$

WSC-

 

Think SPWR hits south of 110 today, or is this wishful thinking?

 

The manipulators could come in to this and touch off a short-covering bomb if they're so inclined......so I am ready to adjust off 107.17 if need be.

 

SPWR is strictly "long haul" for me, so I can't get all bent out of shape about sharp timing and miss the run up.

APEI was a hot deal today. 

 

CRDC flat

 

WBLR doesnt usually offer much value in their secondaries.  When they co-manage IPOs there is usually some aftermarket premium to their deals...

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SPWR 120s?

 

Let it ride, man.  Let it ride.

 

Even if it drops, DO NOT CLOSE.  This could easily go "DITM" in 5 days.

Well, may be jumping the gun here a little, but have started to "scale in" on SPWR with a "1/2 buy in" at 128.9561.

 

A 117 drop will take another 1/4 (if happens).

 

A 107 drop will take the final 1/4 (if happens).

 

If SPWR rises from here, then I am on the train with no plans to get off until it goes to zero or the election hoopla winds down.

WSC-

 

Well timed so far on that option trade.  I have no idea how you can pull that kind of thing with a 5 day window, but you've heard me yap that same line for a while.

 

Long haul with SPWR here.  Yesterday was horrifying after the FSLR news......I had fu--ing visions of seeing SPWR go across the tape at 540.5, while just standing there looking like a dummy.

 

I about did back-flips yesyerday when it started selling off, I was so happy and relieved.....so much that I swore up and down that I would get on the train for the long haul if it came in.

Yeah, but you didn't know.  Any time you make a decision and keep emotion out of the equation, no matter the result, it is "the right" decision at the time.

 

Emotion will screw the head over every single time.

 

Forget and move on, man.  Just like betting a football game.....bet it and forget as soon as it's over, cause "MONEY NEVER SLEEPS!"

 

Let this one ride, WSC.....just let it ride.

 

You timed it right on.

 

Now let's hope for a "short-covering bomb" the rest of the day!!!!!!!!!!

Hell yes.....think positive.

 

Think "SHORT SELLER'S WORST NIGHTMARE."

 

I remember being short IBM one day back in the mid 90s when they released earnings the previous afternoon.

 

From 0930 to 1600, I watched the tape just demolish my psyche and pretty much do the same thing to my account that day.  I just sat there like a dumfu--k, "hoping" that the bleeding would stop.  It didn't, and I learned a few very harsh and stern lessons that day......

 

1) STOP losses when you can....just take the pain.

2) Then move the f--k on.

Yeah, but I am long haul on this one....scaled in for "1/2 buy-in" at just south of 129.

 

Am just relieved that I am on the train, cause what FSLR did yesterday was horrifying.....absolutely horrifying.  I sold it at 148, and it was 220ish yesterday.........2 weeks later.  I did the right thing by getting out at 148, cause I was too exposed.  But all day at work yesterday I thought about the election coming up, the lies about solar subsidies that will be told, how FSLR jumped 60 points in one day, oil going to 400 a barrel, gas at 12 bucks a gallon, and how I'd be missing the solar run.  I swear to God, WSC, I had visions of SPWR across the tape at 540ish, and having no long position.

 

Just as horrible to miss the ride as it is to lose.....in fact, it's psychologically worse.

 

Emotion..................

There's no question, WSC.  I've been thinking the same thing for a while now, that SPWR is much better than FSLR.  That is one of the reasons I did bail on FSLR back at 148.....cause it's not the best player on the field.

 

No question, SPWR is better.  Now do the manipulators agree?  That is out fundamental problem.  Perception is reality.

 

And then if there is a take-over, how will the arbs see it?  That is another concern, cause both FSLR and SPWR are as "for sale" as anything right now.

Another factor is this.

 

Peeps get bonuses in the next month or so.  They call up "their guy" to invest in solars.

 

"Man, get me in the solars," they all say.

 

They get steered to the "cheaper" ones, like SPWR (I pray) and ESLR (which is crap, but "perception is reality" and look how its price has moved the last month).

 

No question, WSC, I personally believe in the SPWR train a little more and boarded it instead of FSLR today.

 

We shall see, but am quite relieved to have gotten aboard with more in store to come if the situation arises.