Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Yep, time for another Told Ya So post. This one relates to a premium post from last month, Working Class Short, in which I suggested getting all bearish on Wingstop (WING). Here’s a snippet from that prescient post, in which I stated it was showing “signs of exhaustion” and that I was ‘anticipating a downturn“:
Hey, remember this post from last week? The one in which I mentioned that the accusations against the company had “dissipated” and thus provided another opportunity for the bears?
Back on August 16th, I did one of the weirdest posts here ever, which was to suggest that you should go to Costco and buy as many of their silver coins as you could. I was discouraged at first, since they limited you to 5 packs (20 coins each) at a time, but I soon discovered that the restriction only applied to individual orders. Thus, day after day, I’d just place a new order for $3249.95 to get 100 American Eagle 1 ounce pure silver coins.
I’ve marked with a red circle the place where I did the post. Silver (measured here by SLV) went a little lower a couple of weeks later, but it’s clear now this was a good call, as you would easily pay 25% more for these coins now (and Costco ran out of inventory a LONG time ago, probably partly due to my post!) Anyway, it’s nice to own a bunch of this stuff, and I hope some folks took my suggestion to heart.
Last weekend, I did a premium post cleverly titled Five Miners which featured five precious metals miners that looked bullish to my permabearish eyes. Just for the hell of it, I added a portfolio to my spreadsheet to track how these five picks did. Now, not even five trading days later, they’re doing nicely with an annualized 216% return (!) The standout is DRD, and I suspect all five of these will continue to do great.
My best position right now, with a triple-digit percentage return from just a few days ago, is PDD, which I suggested shorting in the face of China-mania. The arrow marks the post. I am maintaining the position until we reach the gap.
My sassy declaration in that post that “This unhinged, ridiculous, idiotic Chinese rally insanity IS going to end” seems to have worked out nicely. My only stupidity was closing my JD and YUMC positions too early. Profitably, yes, but the bigger profits were yet to come.
