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Let’s do a quick run through of some of our biggest movers today. Silver’s up 3% and gold’s up its apparently obligatory 1/2 of that move. I’m not doing anything in either one, as we’ve got some puts that we bought when these metals
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Futures are mixed, there’s some M&A action (biggest one being BLUD being taken private at a 30% premium), and yet more headlines and worry over Greece’s bailout (the panicky headlines will continue until the first deposit is made from the EU to the country) and the
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Here’s a list of my positions, from largest notional to smallest: Longs – Riverbed Cisco Microsoft Google Cypress Nuance Marvell Corning Apple Visteon DBA Ciena Celestica Adtran Shorts – Lender Processing Services SLV GLD Cablevision XLF Live Nation Thanks for reading and thanks for subscribing, eve
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Subscribers will recall that in my final post last week, I showed Riverbed as my single largest position. I’d been buying both common and I got aggressive in the teeth of the decline when the stock got close to $32. In the few trading days since that bottom, this
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Cablevision spun off AMC networks today and for every four shares of CVC that we were short, we’re now short 1 share of AMC too. So if you were short 1000 CVC at $35 ($35,000 worth), you’re now short 1000 shares of CVC at $26 ($26,000
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The Nasdaq is now up almost 150 this week. Yes, it turns out that Greece’s budget crisis hitting just when QE2 is ending and there’s supposedly a huge budget impasse in this US even as Japan’s nuclear nightmares continue and…well, you know well what everybody wanted
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Gonna be another light day of posting as I’m on the road heading back from NYC to DEN to ABQ to RUI. There are forest fires ablaze all around our home and land. Everybody’s safe, but man. I bought some more Marvell common stock and that’s my
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I just snuck out of a bunch of fascinating meetings with the Dow Jones folks to address the markets and the latest “the Euro still exists!” relief rally. I’ve been saying for weeks that we should ignore Greece because it doesn’t matter and that any and all Greece-
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I’ve got a brand new long pick for us… When I added Microsoft to the model portfolio a few months ago, it was in large part because the company’s new Kinect motion-gaming peripheral and how hugely successful I expect Kinect to be for Microsoft in coming years.
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I’m sitting in Washington Dulles airport waiting to board to NYC for meetings and what not tonight and all day sessions with the WSJ/DowJones/Marktwatch peeps tomorrow. As for the markets, they are up nicely today and so is our portfolio. Riverbed’s now up $5 from where
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Well, there’s little news in the way of more bailout for Greece’s lenders and for the first time in a long time, there’s really a dearth of macro-economic news driving the headlines if not the markets today. Even Microsoft, which today is up about 4% now,
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Another day at the racetrack called the stock market, and they’re off. We’re up nicely this morning with two of our largest longs, Microsoft and Riverbed kicking it almost up 3% as I type. I’ve been a buyer of both more aggressive call options in each in
