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Hey fellow Slopers,
Below is a quick look at the current hedging costs for a few tech companies that went public this year. Before that, though, a quick note about a non-public company Tim blogged about Tuesday, Color ("Update on Color Silliness"). Checking AppShopper's top 200 grossing list for social networking apps, still no Color as of Tuesday night. On to the hedging costs of recent tech IPOs.
Played whenever I'm really getting into the trading………(I've shown this before, but it bears repeating):
Well, today is interesting. I entered it with 73 shorts, and every single one is profitable. I am trading huge positions in GLD with good success.
Typepad, my blog platform, was down for about an hour, which is pretty bad on a day like this. Far worse, RealTick – – for which my broker pays something like $800 per MONTH for each customer – – has been down all day long. So I have to place trades through freakin' instant messager.
Anyway, let's enjoy a little music. Here's one of the great songs of the early 80s:
I grew up loving Broadway musicals (and, no, you puerile, mentally-challenged oafs, I am not gay) and recently discovered for myself The Book of Mormon. It is incredible. Here's a sample which can serve as a good theme for traders. Enjoy.
