Nope! No way. . . I have been holding my LDIG with both hands. . .even tighter than my LQID. . . especially after so many music deals signed recently and so much time passing without news by LQID. . .so I would sell a position of my LQID to buy some NETP. . . even though I still believe LQID will eventually be bought out by LDIG. But LDIG is just too important. The whole broadband internet will be a tremendous achievement, but will have a voracious appetite for content. Content providers are few and far between. . .and T's LMG.a and LDIG are stepping up to the plate, buying up whatever companies they need to position themselves to be a premier supplier of content. LDIG also makes its gains all at once. . . it sits around for a few days, then suddenly it pops 4 or 5 points, then sits at a bit higher place for several days, then bam. . .another pop. . .look at a 10 day, to see what I mean. Still don't like the way NETP has been shorted back, but it looks low enough to begin positions again with little risk, IMO. . . and hopefully it will get some news next week that will break this log jam.
Hope that helps. . . . Also, I would be trying to buy NETP a whole lot lower than 36 . . it is in the $33s now. . must have been a typo. . . I'd be looking around $29.50.
On other fronts. . . OMKT is a great short here around $37 1/4.
VNCI smells bad. . . why the runup leading to nothing? What was that? Some sort of set-up intended to trap shareholders? I don't like it. I'd rather step out and miss a gain than put my money on the line and get a bad earnings report that sends it sharply lower.
ATHM, I believe will break resistance and keep breaking out.
I expect some sell-off today for weekend. . .but only modest. . . still not playing much of the big ones. . . I did not like bellweather LU dropping nearly 2 points today. . . that gives me an indication of things to come with the techs, IMO. MSFT, INTC, etc. all pulling markets down. . . I am mostly in pennies for safety, if you could believe it. . . don't suggest anyone follow. . .unless your stomach is made of titanium alloy.
And don't forget. . . bears are hungry and are taking positions today.
Rande Is
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