Short Positions To Have

[thepennyking]

Remember when he said six months ago to short anything trading above 3x net present tangible book value? Remember how he has been saying that for the past two years? Now he is saying short anything trading above 2x net present tangible book value. Where is the real growth coming from? Not from lower rates? Not from real economic growth? Not from expansion of the money supply? Not from a revaluation of the dollar? Not from the Saudi's pulling out 800B in liquid US assets? Not from your mothers coin collection? Well where is the real money Mr. Federal Reserve Banker and Mr. Pitt?

Penny King Holdings Corporation, a Delaware Investment Holding Company.