I do have a tiny position in MSGI but thats just a total gamble on rumor of news.. but a real POS company so just a few hundred shares and let it go belly up, I dont care.. but other then that your right- no weekend holds : )
The morning was great- but in true fashion like the last few months the market just stalled here hehe.. I thought they would give us a great trading day the way it lasted until almost 12 noon??
Im watching:
PRZ and ALAN on my potential junk runners list hehe
ANIK ALDN MVCO (this has an IPO coming which is going to give them a huge pile of cash to pay of debt and also build a warehouse) CLHB RSTG FORD
Watching ESLR and PSYS for shorts into close possibly.. ESLR been playing this long and short- if it gets back over 7 im in with both arms/legs.. but right here its a short and the longs have yet to give it 'up' so it could be fast and ugly..
SGTL and PLAY also really weak- but AAPL doing fine so not sure I understand the weakness?
PRZ popped on a positive article but so far it seems the technical gang is keeping it afloat so this could get fun..
Amazing how much of a minority I am on this subject of naked shorting.. but thats ok.. One thing the markets have taught me over the years is even the most intelligent investors love being sold a story and this whole naked shorting subject is one helluva a juicy one.. It provides an answer for alot of failed trades me thinks- as simple as that.. : )
Funny the latest company I read to blame naked shorters was ZIXI corp.. Heres a company that was born after the sale of blockbuster.. became CUST.. and slowly over the years these guys burnt thru hundreds of millions of dollars and produced nothing of any value and failed acquisitions that lined the pockets of all their wealthy friends.. What I find the most interesting about this whole naked shorting bullshit is the folks that are the loudest? seem to be crap companies, or companies like OSTK where you have these HUGE percentage gains and the guy is complaining because now his stock isnt going up 2-300% anymore...