I am long term short..tomorrow means..you know it. LULU shorted all the way from 63 to 78. same APOL 63 to 87..covered $35. FSLR $198 to $300..covered $40... No worries and no hurries. NFLX..$285..not covered.
$40 might be pushing it a bit. But I'm expecting $82 or less by September put option expiration. Why? 1. Overvalued-period. 2. Economy is still sinking. 3. Rich are not getting richer. 4. Raw food costs are going up-margin compression imminent. And don't get me started on the fraud that is "organic"...
It's not fraud, it's the business tactic. Would you buy regular yogurt or organic yogurt for your KID? Rich have all the money to stay in wellbeing. They will pay anything for organic. Increased food prices can be easily absorbed under the ORGANIC label, but it can't be absorbed at regular jewel-osco, Kroger or someother store.
If this is too hard to understand then the word "easy" should have different meaning.