Adios my friends, I will be in a conference all day tomorrow. As for today's action, I sold some steel names to raise cash. I sold some of my LVS but still have 300 shares. Fast Money just pumped the stock, so it has room to roll, thanks Macke and Adami!
As for tomorrow's trades, I wish you luck and much prosperity. I will try to post thoughts throughout the conference because I have stuff on my phone. I would look at cheap stocks with high short interests if you are playing on the long side. On the short side, I wouldn't play quite yet.
If you caught the RUTH breakout, your welcome. I sold some but am still holding 600 or 900 shares, can't remember of the top of my head. My portfolio is full of junk that continues to skyrocket, then I find myself buying more junk. PCX is a coal play and is junk but i figure, why not? If steel picks up, coal picks up. Coal has gotten the got the beat down and I want some exposure, but it's very risky.
Tune into tomorrow, I will try and navigate without the monitor
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RUTH AH!!!!
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