Dear Friends:
Yes it has been a couple of astoundingly good weeks for Mr. Pink and His flock. Nevertheless, please keep in mind that this is an unusual time that He and you all live in. The Russian collapse, the LTCM debacle, the impending recession which is obvious to all but Abbey Cohen and brokerage firms have all converged like the sun and the moon for an eclipse.....Just keep you wits about you, do your own work and while it is fun to deify Mr. Pink and joke around, realize that He is really just a he in real life, a poor schmuck like the rest of you, with maybe a little more experience and a decent nose for value and the lack thereof.
Everyone, keep your wits about you and remember, when it seems real easy to make money, the picks are all obvious and when you feel smarter than the market, take a breath, take some profits and step away from the table for in real life, IT IS NEVER EASY TO MAKE MONEY.
Mr. Pink is not infallible: see His long picks AHG at 12 trading at 3 bucks (he sold at 5 5/8), FSFH and other disasters. He stayed short TNSI from 14, now 27 bucks....Bet only what you can lose and don't use margin.
Making money requires hard work and nail biting, nerve wracking worry.
So everybody chill, enjoy the gains on ACF, NDE, FP, REXI, SRCM etc...
Try to learn as much as you can for Mr. Pink won't always be here to guide His flock....
In the mean time, short the shit out of ACRT, if you can get a borrow, this stock is heading for 2 bucks.....Also Mr. Pink was disappointed by the poor showing on the ACRT thread insulting Doug R. Mr. PInk is deploying the rest of His troops, go get them.
Mr. PInk |
