Nuances of Nuance

Modell: You know what word I’m not comfortable with? Nuance. It’s not a real word. Like gesture. Gesture’s a real word. With gesture you know where you stand. But nuance? I don’t know. Maybe I’m wrong. – Diner (1982)

Nuance quarter, quick take: Nice growth, continued good execution, but as I’ve been saying — I don’t think Nuance is powering as much of the Siri iPhone technology as maost other analysts. That’s probably got this stock ahead of itself. Hard to sell a stock that’s growing as nicely and steadily and in such a fast-growing industry even though I doubt we’ll see it run back above $30 where it got for the first time ever earlier today. Stock is trading down a couple bucks, back to where it was a couple weeks ago. You guys know we bought long-term calls a long time ago and I’ve trimmed those down repeatedly as they’ve had huge gains over the last few months. No change for now.

I’ll have more updates and maybe some trades and also my latest positions tomorrow. Thanks for subscribing and see you then.