Zeev's Turnips Patch-No Politics (ZEEV)

[Sandy Mack]

Z...Naturally, I appreciate your concern and thoughtful comments. I'm quite aware that I'm hanging my @$$ out on a line here and my bravado is not least rooted in the substantial gains...almost 9 points in Wed/Thur plays (of 20 plays during that period, 8 were on the dark side)...pocketed in RMBS before today. I'm fully prepared to give some of that up (already gave up 1.54 today) if I'm wrong in my evaluation that the bu$$ has come too far in too little time for it not to retrace 1/3 to 1/2 its windfall. Maybe I'm just early, but it's gonna happen. I've seen too many of their "favorable" court opinions fall flat on their faces in the recent past, and I still see nothing of substance in the current story to warrant its more than doubling in 2 1/2 days! Further, RMBS has been breeding litigation over the past several years and can concievably be in court for another decade before everything is resolved. RMBS is a cult stock with a tremendous following, many of whom have been under water for years. That kind of herd is easily motivated back to the buy side by the slightest hope.

If I'm wrong, please feel free to prepare for me a full plate of crow. I like mine with orange peel.

Sandy