We Don't Walk Slow

Let’s play the market

I’m by no means a worthy source for financial advice but every once in while even a blind squirrel finds a nut. I pointed out MOBI back at around 7 bucks a share and it risen as high as 11 before settling at 10 where it is now. I also have watched DANG pull back to near 24 and I think a buying opportunity is around 20 bucks a share. There are both Chinese, ecommerce stock plays and China’s market is poised for a slowdown so beware. I would personally sell MOBI any time it hits 11 and then see if you can buy back in on any dip. My thoughts are that the market is in for some tough times ahead. The dollar is starting to weaken again and other economies are looking for ways to diversify their money. When the dollar weakens, commodities tend to rise. I like purchasing agricultural ETF’s like MOO and DBA. Oil will also go higher which will bring the stock market down because businesses have higher costs and will cut into profits which will miss earnings forecasts. Moving out of equities now would seem timely considering what is up ahead. Buying puts on stocks that have risen so much like NFLX also crossed my mind.

Keep in consideration I am a mere simpleton and no nothing more then the rest of you. Also realize that financial advisers won’t give you much better advice because they are in it for one thing and that is to keep you as their client so they can make money off you. They don’t care if you win or lose as long as you stay their client. The plays I mentioned above are all pretty risky but that’s my general feeling on the market from someone who is so far out of tune what is really going on. This does document my thoughts though which is why I wrote it.

By Tom Stortz|2011-03-01T21:03:56-05:00March 1st, 2011|My Brain|0 Comments

Socks and Mobi

So I made a drastic life change. When I take my socks off, I’m going to make sure I take them off right side up. I’m tired of getting my socks from the dryer and having them be inside out and then having to spend time making them right. I think that this will save me hours on end throughout my lifetime. Possibly even a couple of days.

There’s a good buying opportunity with MOBI at around 8 bucks a share. It jumped over 9 yesterday and even though I might hold off to see if it comes closer to 7, I think this is a good long term play. Sorry Jkash, it looks like Teva took a shit today even with profit doubling. I still expect the market to tank within the next 6 months because it’s just gone up so fast for no really good reasons. Unemployment is high, housing stinks, inflation concerns… I still like MOBI though because I think app use in China is going to peak, bad economy or good.

Also the manscaping part in Californication was hilarious. I personally have never nicked my nuts but it’s always a fear when doing so. I also think that they portray it as gay to trim your pubes but I’ve just never really understood that. The line “it looks like a tiny mushroom in a giant forest” was hilarious and who really wants that. Completely shaven makes you feel like a pre pubescent boy but a hair cut now and then is necessary.

By Tom Stortz|2011-02-08T11:08:08-05:00February 8th, 2011|My Brain|5 Comments

Gwambs Gwambs

There are a couple of things I did over the weekend that I think I can sum up pretty fast. Me, Wevs and the Wads went to Sugarhouse on Friday night where I proceeded to drop 500 dollars at 3 card poker. I wouldn’t reccommend the Sugarhouse to anyone as it’s filled with the dregs of society and getting a table was a nightmare. Not to mention that the table limits were all 25 min which just made it more annoying to play. Drinks were free though so I have to give them that. I was up 250 at one point and with 750 sitting in front of me I managed to give it all away in a quick burst of losing hands. The game is truly stupid and you have to be a complete moron to play it for as long as I did. Lesson learned.

I also managed to ride a hot streak sports betting into Sunday night. I was on a 7 game win streak which had me up about 400 bucks since Tuesday night. I hit the Pacers over the Kings, Eagles over the Texans, Pitt over Cincy, Auburn over SC, Sixers over the Bobcats, and then a 3 team teaser which was picked by Gusto for a hundred bucks and a 70 dollar win with the Packers. That led me to another 100 dollar teaser that lost on the Colts being unable to beat the Cowboys. I put 130 dollars on the Ravens last night and lost that putting my account at exactly 200 dollars (30 of which is Bakers). The miraculous thing about this money is that I have been on the same deposit since week 1 of the NFL. I have had the account as high as 650 before dropping as low as 25 and now I’m back in the green 170. I’m honestly completely in awe of how good and lucky I’ve been through this season but you can’t ask for this long of a run on 50 bucks betting as often as I do. I took my shot of trying to make up for the Sugarhouse loss last night and just feel a bit short. I’m leaning towards the Pats tonight.

In Fantasy Football news, my 4 teams have another chance at a sweep. If Brady can outlast Sanchez and the pats D with a 10 point cushion, I win. The Turkeys won the division and will have the most points scored in the league moving into a playoff bye. The Nuts have a 28 point lead with my Jets D vs Welker, Braylon, Hernandez, and the Pats D which should probably hold in a non ppr. And depending on Dustin Keller’s game, I could get a first round Playoff bye in Big Steve’s league. That’s 4 leagues, 4 playoff spots and maybe 3 first round playoff byes. My usually lackluster fantasy performance was offset by a big 2010. Time to bring home the bacon.

I’m also going to share my investment ideas with my limited audience and this gives a good benchmark for where levels are. There are 3 Chinese IPO’s that I read about today that all have proven business models in the USA, but these are all located in China. DangDang, symbol DANG, has an IPO set for Wednesday and it’s the equivalent of Amazon. YouKu is internet television and will IPO tomorrow under the symbol YOKU. Finally Sky-mobi, symbol MOBI will IPO on Thursday and is a Chinese App store for IPhones. I find all these business ideas solid and proven and no little about these particular companies. However, with China’s growing population of 1.3 billion people and about half a million use smart phones, there is still plenty of room for growth and these stocks have profitable American equivalents to model after. We’ll see what happens.

By Tom Stortz|2010-12-06T16:35:45-05:00December 6th, 2010|My Brain, Sports|0 Comments

Let’s play the market

Socks and Mobi

Gwambs Gwambs

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