Postmedia Network Canada is trading in the buck-thirty range today. That's a nice drop from the $2.00 it was at when I made my January short call.
The last four months would give you about a 100% annualized return had you heeded my advice on 8 Jan.
But don't worry; at $1.30 it's still a long way from zero.
Go short, my friends, go short!
Showing posts with label prospects for Postmedia share price. Show all posts
Showing posts with label prospects for Postmedia share price. Show all posts
Wednesday, May 1, 2013
Sunday, February 17, 2013
Careers in bullshitting
I've had a bit of fun sniffing out the career paths where your bullshitting skills are going to take you a long way.
Politics.
Economics.
Practically anything with the word "analyst" in the job description.
Psychoanalyst would pretty much be at the top of the pile.
Have you ever noticed that your top Hollywood neurotics have all been in therapy for 20, 30, 40 years?
And they're not getting better?
But I digress.
Here's a stock market analyst a couple of years ago who sees a $14 share price for Postmedia.
As in most bullshitting trades, you are never held accountable when your bullshit turns out to be bullshit.
Postmedia is about two bucks at the moment, and that is just a temporary hiatus on its way to zero.
Go massive short on this piece of shit. It's not a media play, it's a Lazarus play. A few hedgies bought up the debt from the old Canwest and figured they could breathe life into the paper they bought for ten cents on the dollar.
It's sort of working for them so far, but it won't much longer.
This dog will drown.
Politics.
Economics.
Practically anything with the word "analyst" in the job description.
Psychoanalyst would pretty much be at the top of the pile.
Have you ever noticed that your top Hollywood neurotics have all been in therapy for 20, 30, 40 years?
And they're not getting better?
But I digress.
Here's a stock market analyst a couple of years ago who sees a $14 share price for Postmedia.
As in most bullshitting trades, you are never held accountable when your bullshit turns out to be bullshit.
Postmedia is about two bucks at the moment, and that is just a temporary hiatus on its way to zero.
Go massive short on this piece of shit. It's not a media play, it's a Lazarus play. A few hedgies bought up the debt from the old Canwest and figured they could breathe life into the paper they bought for ten cents on the dollar.
It's sort of working for them so far, but it won't much longer.
This dog will drown.
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