The first in a monthly (?) rundown of possible short positions chosen for their high debt, high price to book, earnings and sales, and poor chances of growing their way out. Of course this also eliminates a lot of speculative companies that sell shares instead of issuing debt as well as many distressed banks trading below book value. I'll leave those to other people. [more]
Like many other players, I've been trying and failing to call a bottom for the independent refiners, so I put together a comparison of some of their statistics. [more]
A couple of days ago I noticed Fortescue Metal Group (FSUMF.PK or FMG.AX), an Australian mining company which has commenced operations and began loading its first shipment of iron ore. The stock has really taken off in the last couple of months and the CAPS community is very impressed, with 104 bulls and not a single bear. [more]
It looks like I will join the Triple Crown club: 1 day hottest player on 4/18, 7 day hottest player on 4/21, and 30 day hottest player possibly today until Thursday (with a little luck.) I'm #1 on the list now so we should see my new charm soon. Woo hoo!