lentinman, I am too bearish to pick 6 long stocks. I remember back pre March 2000 everyone was laughing one could throw darts but after March 2000 one could still throw darts if they wisely switched to the short side.
I can't remember the broad markets ever looking this illegitimate. Knowing my suspicions of so many china r/m stocks now we have FRE and FNM, two major domestic stocks, leading the scams-are-us charge. They (Paulson etc.) painted those pigs with all that baloney last weekend and there will be worse and worse news upcoming shortly and with even broader implications.
With any six picks of mine, I would pick FRE and FNM shorted down to zero pps with the first two picks. Two 99% sure things. How both FRE and FNM are still hovering at .70 pps on large volume boggles the mind. Then I'd follow FRE and FNM short with shorting 4 of the scammiest china r/m's for picks 2 through 6.
I do still like long positions BWMG, BPTR, and SYTE but would advise anyone buying them to be prepared to hold for a very long time. Within the past few months, I've completely re-adjusted my stocks game plan to buying puts in the china r/m scam sector.
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