AppId is over the quota
If for no other reason than vanity, I’ve decided to buy large quantities of SHLD. As a man, I despise Eddie Lampbert (sp?) and wish him the very worst tidings any man could offer. However, as an investor in speculative wares, there are few stocks on the market that offer the sort of upside that SHLD offers right now.
Everyone is laughing at the former Dow component, as the shares swoon in the $40's, offering its investors nothing but coal this festive holiday season. The rationale to buy SHLD here is one of as crazy man, which is exactly why I am adding size to it morning.
To raise funds, I sold out of the remainder of my GIMO position, disgusted by its lack of momentum and proclivity of wasting my time. If I told you I wasn’t tempted to grab the cash and stick it on the sidelines for the remainder of 2013, I’d be lying. We all have our vices. Even though I am up nearly 70% for the year, I find it impossible to cower on the sidelines, waiting for a better opportunity to run along.
Aside from SHLD, I added to both LITB and RBCN positions.
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