SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pezz who wrote (61232)3/23/2005 6:42:29 PM
From: TobagoJack  Read Replies (2) of 74559
 
Hello Pezz, Dialed 1.800.GET.ME.OUT repeatedly, and got 1.900.GIVE.ME.CASH.

I sold massively, with some deliberation, but with more aggression, because it is time, I think, but hope more:

(a) Sold all ARC Energy finance.yahoo.com at CAD 18.15/shr, bought at CAD 15.35 Message 20288284
[July 7th, 2004], received mucho distributions

(b) Sold all Advantage Energy finance.yahoo.com at CAD 20.20/shr, bought at CAD 15.20 Message 18895990
[April 30th, 2003], collected lots of distributions

(c) Sold all Petro Fund finance.yahoo.com at CAD 18.05/shr, bought at CAD CAD 10.82 Message 18915962 [May 5th, 2003], harvested plenty of distributions

(d) Sold all Primewest finance.yahoo.com at CAD 29.50/shr, bought at CAD 16.15 Message 18381801 [December 30th, 2002], and aggregated a bundle of distributions

(e) Sold all Viking Energy finance.yahoo.com at CAD 7.10/shr, bought at CAD 5.24 Message 19565624 [December 5th, 2003], and took in generous distributions

(f) Sold Petro Fund in the US account finance.yahoo.com at USD 14.82, bought at USD 7.29 Message 18381801 [December 30th, 2002], and yes, plenty of you know what along the way.

(g) Sold Biogen IDEC finance.yahoo.com at USD 38.49, bought at USD 37.37 Message 21114099 [March 8th, 2005]. May buy back later.

(h) Shorted, without mercy, more JOBS finance.yahoo.com at USD (16-17?) some price as yet not reported. When I started shorting last night, the buyers scrambled, in the other direction. I had opened the original short position earlier Message 20993702 [January 28th, 2005] at USD 22 :0)

(i) Shorted, without hesitation, Google finance.yahoo.com at USD 180/shr, as I see no reason why only the insiders at Google should profit from their shares after diligent work when I can do the same, but substituting bravery for diligence.

(j) Doubled again the short position on Centex finance.yahoo.com at USD 58.2/shr, for it has no substance.

(k) Doubled again the short position on Lennar finance.yahoo.com at USD 55.37/shr, for it is not burdened with merit.

(l) Doubled again the short position on Pulte finance.yahoo.com at USD 71.53/shr, for I do not know why folks bother to own it.

I may also have sold off Blackrock Ventures and Connarcher Oil/Gas, but have not received reports. On these, a loss, but manageable one, and so will get to fight another day.

I think the dark side is the way to moolah for 2005, and I believe, perhaps wrongly, that shorting shares is a cheap way to collect that most precious of commodities, CASH.

Chugs, Jay
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext