List of Cody’s Positions

Machine Gun Joe VeTurbo: Hey cornball, what’s the fastest way through here?
Fisherman: Well, the way we do it is we get a bulldozer and plow right through there.
Machine Gun Joe VeTurbo: No, I mean what’s the fastest way from here to Albuquerque?
Fisherman: You gotta go back to the main highway, really.
Machine Gun Joe VeTurbo: That was more than 45 minutes!
Fisherman: I’ve seen you before. I’m one of your greatest fans, you know that? I’ve followed all the races. I have pictures of you all over the outhouse. I even named my favorite dog after you, Mr. Frankenstein, I did.
Machine Gun Joe VeTurbo: You lousy stinking dirtball… you’ve got two seconds to live!
— Death Race 2000 (1975)

What do Machine Gun Joe and Facebook have in common?

Junior: Here he comes: Machine Gun Joe! Loved by thousands, hated by millions!
The Nasdaq is up 3.5% since I wrote the intro to last week’s “My Latest Positions” piece. I was covering shorts and scaling into more longs last week at those lows whereas now I’m letting the portfolio breathe a little bit after having added Broadcom and having been very aggressive in building up the new Facebook position around $26 a share. I should note that I did also buy some January 2014 FB calls with strikes around $30 a share, as I part of my buying of FB calls and common stock this week.

Here’s a list of my latest positions in approximate order from largest to smallest. I give each stock a current rating from 1 to 10, 1 being “Get out of this position now!” and 10 being “Sell the farm, I’ve found a perfect investment” (there will never be a 10 rating, because there is no such thing as a perfect investment, of course). Anyway, here’s the list::

Longs –

  • Google (8)
  • Apple (9)
  • Facebook (9)
  • F5 (8)
  • Level 3 (8)
  • Fusion-IO (9)
  • Sandisk (8)
  • Lindsay (8)
  • Broadcom (8)
  • Seagate (7)
  • Juniper(8)
  • Cisco (7)
  • Autodesk (7)
  • Nuance (6)
  • Zynga (7)

Shorts –

  • Apollo (7)
  • GLD (7)
  • LPS (8)
  • MBI (7)
  • WDC (5)
  • PNC (7)

Best Machine Gun Joe Scenes from Death Race 2000