The Truth Hurts :(

Hi Folks,

I need to to report that my short positions on RICK and TASR cost me 3.8% in the last two to three days.

That's not the positive gains I am looking for. When your trading stocks you have to be like a quarterback, you have to have short memory. Face your loses and forget them.

I am doing much better riding the bull on Google's back.

Oh yea I have added YGE to the "Wish I owned it list" - Large producer of photo electric cells & its a Chinese based company & a bird told me that the photoelectric cell industry is about to heat up. Solar is going to be in big play before the end of 2007 (like oil is now)


Report more soon.

Out of my short positions - TASR and RICK

I am out of my shorts ladies and gentleman. I think the bull market is going to run up everything. I may jump in GOOG or DPDW. I am also sniffing Nintendo.

The Main Reason Why I Short RICK'S CABARET INTERNATIONAL, INC.

RICK'S CABARET INTERNATIONAL, INC. (RICK) charts are some of the worst I have seen when you match it up with the news on the stock. This stock is at its highest point in 5 years based on nothing. Can you say over inflated ...

I like the website www.wikinvest.com because they seem to have a good engine for matching up news with stocks. Its in its beginning stages and not all stocks are listed but some of the major one are.


Please look at this chart and tell me if you don't see a fall in their future.



I have shorted this stock and its in my short term holdings basket (versus the stocks I want to hold onto for longer or my long positions for you beginning investors)

Holding My Short Term Positions Another Day

Breaking the cardinal rule folks. Holding onto my short positions. I recently made a 10% profit on a pharmaceutical stock that showed some explosive growth that day and it seemed logical that there would be some profit taking the next day.

Like a vulture I came into the stock high on the exuberant buying and saw it give back all its gains it had made the previous day. After reading the message boards I saw that it was poised to fall further.

My folks came over and convinced me to get out now and take my profits off the table. My dad even reminded me of when we were up in Vegas $3,000.00 and I was suckered back down to the tables by some young sweet girls only to loose every penny.

I don't want to end up like this. I don't want to end up like MC Hammer wearing parachute pants and singing gospel music. But I am going to hold onto these stinkers, I mean stocks for another day. I am documenting this so if I go south anymore than what I am at least you folks can laugh at me all together :)

Okay well here are my short positions and were they stand an hour or so before the bell.

TASR - $12.68 - Betting it will drop - $12.85 ticking lower :(
RICK- $14.50 - Betting it will drop - $14.89 ticking lower :(
PBR- $94.50 - Betting it will rise - $94.70 ticking lower :)

At the start of the day

TASR - $12.68 - Betting it will drop - $12.75 ticking lower :)
RICK- $14.50 - Betting it will drop - $14.44 ticking lower :)
PBR- $94.50 - Betting it will rise - $94.43 ticking lower :(

Here are my short positions for the day

TASR - $12.68 - Betting it will drop
RICK- $14.50 - Betting it will drop
PBR- $94.50 - Betting it will rise

Good Message Board Post on RICK

I try not to pass on to many message board posts and give you an easy to understand summary of all the research I do. I also try to do this in real time so you can follow or watch my trades go north or south (I think that is fairly unique). Anyhow please read what this guy had to say about RICK:

I knew that PTT wouldn't hold its own here and RIck was the better of the two plays. There is a bigger problem which is the Dow is falling ..here is the reason high oil prices / gas prices..The uncertainty of election politics. who thought that front ending the primaries was a good idea was foolish. More uncertainty. People are pulling their money from the Market over the long run this has always proven to be a stupid idea by investors. However the likelihood of the Market going further down the tubes before year end is high. It would not surprise me that we will hit 12500 or 12250 by year end. There is no reason to believe that we will fall much further here for Rick's but PTT will continue to slide

TASR is up 2.% in pre market activity

TASR - Oh boy. TASR is up $.30 in pre market trading. I can't lie I am feeling the squeeze here. The one thing I have learned is to not panic at the beginning of the day and to check the price if you have to sell the afternoon is a good time.We will see.

RICK - No pre market movement on RICK . I was just asking my friends why can't someone investigate them or something :) I mean I have read in several financial boards that they are the Amsterdam of the America and have legalized prostitution - come on some one please investigate these guys

PBR - Down .77% or $.77 in pre market trading.

Looks like my short positions are all treating me bad today.

Purchased PBR (Petroleo Brasileiro) @ 95.71 - Trying to be more optimistic

Folks I looked at my long positions and saw that PBR (Petroleo Brasileiro) had lossed $10 a share or about 10% of its value in the last 5 days.

This isn't right they just found 5 billion barrels of oil and oil prices are going up. I am predicting a 10% jump over the next few days. So I am in this long term (with PBR/A) and now short term with PBR. I like this company and did before they fond the 5 billion barrels of oil that sent their stock price flaring.

Well now I have three short positions to manage great. Just to recap for the novice investor short means I am betting the stock will go down and long means I am betting the stock price will go up.

My plays for this week are:

RICK - short
PBR - long
TASR - short

TASR on CBS The Early Show - Really Bad Press

Goodmorning,

I know that this weekend I was thinking about shorting TASR. I just remember that stock when I was investing in it around $8 a share. Now its in the low teens and dropping. Something tells me with all the bad press that we may see it test some new lows.

I think that walking to my shower and seeing this on the Morning Show is a sign (check out the video yourself). I also think that the UN debating wether to label TASERING a form of torture is even worst.

Listen I am going to SHORT THE HECK OUT OF TASR this morning. I usually don't do any trades until about 10, but this is going to be an exception.

So for the record I have short positions in RICK and now TASR.

Wish me luck!

Gentleman's Club Fist Fight - Read This Post

Yahoo Financial Blog - Click This Link To Read An Informative Post on The Shorting of RICK

RICK - Shorting Gentleman Clubs In A Bad Economy

I am thinking this is a no brainer and the only reason this stock is up is because of anaylst booha.

More on this later I promise but I just shorted RICK (RICK'S CABARET INTERNATIONAL INC) at Limit Price of $14.02