I’m concerned by the report from the inspector general of the TARP system. Realistically, this is probably just partisan bickering at its golden hour. However, if it should prove to be something more, I would hate to get stuck in a long wind down. I’m presently looking through my portfolio, for things to axe, should [...]
From the 9th floor office of my tower, I’m witness to the scenes of depravity engulfing the markets of the land below. Stricken with reflective silence, naught disturbs my pensive state save for the puncturing sound of falling water dripping rhythmically through the window pane; a product of melting ice at the plane where the [...]
As blood flowed through the streets, I gobbled up some NM with much delight, at $6.60 a share (Twitter followers of Mr_Cain_Thaler were blessed to be the first to know; PPT members were next). I already prepared for this, and have more than compensated, although I’m slightly ahead of myself, discounting an impending sale of [...]
Gramercy Capital Corporation rallied to $4 a share yesterday, culminating in an unprecedented 17%+ move after days of tearing through the roof. GKK is most definitely the shit at the bottom of the barrel. This concerns me, not because GKK isn’t valuable (I’m still holding a hefty losing position just because I think I see [...]
If you’re going to engage in complicated techniques, take care and remember the basics.
Miyamoto Musashi, who grew up in Japan during the late 1500’s, was arguably the greatest swordsman to have ever lived. He initiated his first duel at the age of thirteen against a traveller who posted a public challenge, where after he proceeded to [...]
Wow, what an immense heat surge we’re experiencing here in the Motor City. Why, the humidity is almost unbearable. I just got passed by a homeless man who swore he was baking hot! Of course, since we presently have the Blizzard of Doom barreling down on us, that could have just been the first symptoms [...]
I’ve been in the process of reassessing my positions, looking for surfacing weakness or unnecessary risk. There are two primary worries in my focus. Understand, I am currently heavily leveraged. Although at just around 100% long, that is mostly because of a persistent short position in NOV, without which I would be 130% so.
This generates [...]
Good evening, from the new year, and let me hope you had a wonderful holiday season. I’m quite pleased with the way my own has ended; an extraordinary festive celebration with many fine drinks and dishes.
I spent last Saturday strolling through my casino (I bought more MGM last week, creating a $9.44 basis) while sipping [...]
I had not intended to write again before the end of the year (at which point I will likely be submitting a review of my performance for your perusal). However, the other day I was musing on a subject of which I am particularly opinionated, and decided it had to be discussed publicly.
You see, there [...]
Lord, I have been bored the first half of this month. Engaging in the tedious nuances that come with the end of the year, and preparing for that inglorious inundation of paperwork only assholes in our government with nothing better to do could possibly dream up, I’ve been quite withdrawn for awhile. I will, however, [...]
