Slope of Hope Blog Posts
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.
Victory from the Jaws of Defeat
Greetings from my family room couch, where I am lying on my back, laptop propped up, typing away with a snoozing Kobe at my side. I’m quite weary, so I figured I’m do this post horizontally. See, I woke myself up at 2:45 this morning. I had no idea what on earth I was doing becoming conscious at that hour, but as is my habit, I grabbed my iPad, glanced at Kitco, and checked out gold. My stomach went into a knot when I saw it was down about $25. (more…)
DFC Disaster Winner
Before the market opens each weekday, the first thing I do is a “disaster check” – that is, I see if any of my short positions are suffering big double-digit percentage gains due to an earnings blowout, a takeover, or what-have-you. These are pretty rare, but on occasion the opposite happens too: I get a disaster delight, like DLLR this morning. I came into the day short, having opened the position due to a terrific gap-fill, and it’s down 25% today. I covered and chalked up another victory to gap-fill trades. (more…)
Skanky Tanky Success
Well, our old favorite Abercrombie & Fitch got knicked for a 20% loss this morning; I covered and took profits straightaway. For some reason, this stock and I usuallly get along really well.
