Wednesday, February 21, 2007
Sector Spotlight: Food & Beverage
As I sit here, sipping on my "dopio" espresso (from Starbucks), I am at peace. No longer do I desire to throw 90mph darts at Steve Jobs' face or throw chicken wings at my servant/trader. The "new" Broker A is all about peace and prosperity, while treating employees with respect. Now, should AAPL start going lower again, I may snap and throw one of these frozen Monster Energy Soda's at the fucker (trader/servant). But, for now, the office is as peaceful as the Israeli-Syrian border.
As for today's trading:
I see many of the weak kneed are checking out, due to inflation concerns. While they sell, I will look for some discounts. So far, no discounts.
However, I like the action in the Food & Beverage sector. Stocks like TXRH, HANS, ADY, JBX (thanks Wallstrip), RUTH, IBA and WILC are going "bottle rocket" crazy. In other words, they are going higher.
I know many of you doubted "The Fly" and his incredible God given talents -- which enable him to "cherry pick" better stocks than 99% of you. If you still doubt "The Fly," watch closely-- for you are about to be "schooled."
My two "balls on the line picks" are LOCM and ADY. Both of them are small/scary cap with lots of risk. However, my convictions on both are strong. I feel they are good for a trade.
NOTE: Both LOCM and ADY are thinly traded. Don't buy them, if you are not prepared to have your balls cut off, should the market go in a downturn.
NOTE II: It's worth noting, MOVI is on fucking fire. Being the #2 video rental chain, next to Blockbuster, in the country-- it may be worth a gander.
I know, using the word "gander" in a sentence is gay. Sorry.
As for today's trading:
I see many of the weak kneed are checking out, due to inflation concerns. While they sell, I will look for some discounts. So far, no discounts.
However, I like the action in the Food & Beverage sector. Stocks like TXRH, HANS, ADY, JBX (thanks Wallstrip), RUTH, IBA and WILC are going "bottle rocket" crazy. In other words, they are going higher.
I know many of you doubted "The Fly" and his incredible God given talents -- which enable him to "cherry pick" better stocks than 99% of you. If you still doubt "The Fly," watch closely-- for you are about to be "schooled."
My two "balls on the line picks" are LOCM and ADY. Both of them are small/scary cap with lots of risk. However, my convictions on both are strong. I feel they are good for a trade.
NOTE: Both LOCM and ADY are thinly traded. Don't buy them, if you are not prepared to have your balls cut off, should the market go in a downturn.
NOTE II: It's worth noting, MOVI is on fucking fire. Being the #2 video rental chain, next to Blockbuster, in the country-- it may be worth a gander.
I know, using the word "gander" in a sentence is gay. Sorry.
Comments:
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Speaking of dopio's, what's with SBUX? 10% away from 52-wk lows looks like enough of a discount for me. Or is there something actually wrong there?
MVIS is in the celler waiting, maturing, coming together like a fine wine. When ready the willing will buy and buy, dont rush the wine!
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