Friday, October 06, 2006
Position Updates: VSTH, ATHR
VSTH is getting its fucking head sawed off because it's rumored they may lose the Myspace.com deal they enjoy (33% of revenues). Plus, if GOOG buys YouTube, that merger may throw a wet towel on VSTH's chances of inking an ad deal with YouTube.
ATHR is going up on rumors of an LBO offer. Please, give me a fucking break.
Bottom line: I am staying the hell away from VSTH, fuckers.
But, I may bulk up on my ATHR short.
This fucking VSTH looks like its going to close at zero, by days end.
I heard the Street.com stocks under $10 guys alerted their subscribers to sell, since VSTH management did not return their calls, regarding the Myspace deal.
That is the reason why the stock is getting raped.
Anyway maybe semiconductors will be a good place to be next week. If we use GS as a proxy for the market as some suggest I'd suggest that the market took the day off.
VSTH might come back on Monday - it rebound pretty strong off the low of the day.
Have a great weekend.
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