Monday, November 04, 2013

Update on positions and new interests

Great spike on JCP. This stock has a high likelihood of being in the 9's (bought at 6.56). Continuing to hold. Might sell before earnings to protect gains.

JMI still a good dividend bet for the next 2 months.

AOL has moved nicely after I bought it under 34 but just bought some protection today. I am limiting upside but stock has had a really nice gain and is at the top end of it's trading range. I think this one can breakout and really is the stock to watch.

New stocks to watch: Bearish on LinkedIn. The simple reason is, it's current valuation account for the entire market space. For the stock to move higher, they need to get into new markets and win them. Either ways, growth will slow and stock will take a hit before we find out if they'll win new markets or create new ones. I'll short this above 230's.


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