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I am coming out of a nearly four month blogging hiatus to once again write about wireless broadband provider Towerstream (TWER) following a question I received from a long time subscriber who wanted to know my current thoughts about Towerstream. The company had released their third quarter results earlier this month and he wanted to know if I would add to my position or let it ride. After reviewing Towerstream's results and reading a research report by Canaccord Adams issued on November 6 that reiterated a Buy rating on Towerstream with a $2 price target (20% above current levels) I would have normally been inclined to hold on to my position.[More...]
I was raging the other day and left that post to sit. Do not fall prey to noise. It was a critical spot and all this week it has crushed the bears who set up shorts under SPX 1k and under 989. I was yelling at you people (who never comment or ever hear from [...]
I was short the SPX and RUT going into today’s session. I rotated out of SPX and moved that $ into NDX short.
I didn’t get a satisfactory down move today to allow me to cash out. If tomorrow is down – I’m out and will take my gain and reassess.
As far as stocks went today, [...]
I decided to put my cash back to work and short the $RUT and $SPX at the close with a heavy position.
I still most of my stocks that I’ve been posting about and being right. This is the privately posted portfolio and how its performed so far:
I sold URE today for 13% gain and RBY [...]
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