I always find it amusing how these short gurus and their wanna bee followers make money 110% of the time. I'm not in KK, unfortunately for me, but I started following it when it was termed "luxury short" at 37. If ever a call was wrong, this was it. As I said, I claim no gain from this but mere amusement at the scare tactics supposedly coming from those who are right 110% of the time. Of course, if you were charging as much as $600/month for access to a "private" site, you'd have to be right 110% of the time.
Now, in the greatest bear market in at least 15 years, you have a mega short call at 39, the stock goes over 100 and you have a bear coming here and boasting about how great his call is. Yes, I know there are all sorts of "private" transcripts showing how the covers were made at huge profits and how averaging up constantly created more profit.
I think I'll just tell everyone how I pretended to buy Krem at 37 and constantly bought more each 5 point raise so that I had several million shares which I, by the way, sold over 100 and have started buying back.
I know I can't do that. But, I did happen to see a Boston news blurb about KK coming to town. As promised, I will hunt one down, go off tofu and the rest of my usual diet, for a week and see what all this commotion is about.
Anyone, who can sell coffee and donuts in volume makes tons of money. The mom and pops and the DD's make tons. If Krem really has the quality product that attracts gourmet donut eaters, if that is not an oxymoron, may very well be the non-tech Cisco. |