However my "black swan" SPY puts have made a fortune with this Euro swoon.
Being here in Europe during this currency drop has been quite nice on the wallet. Having a great time. Couldn't have done it without my ol' great friend haveseenitall's timely advice. Wonder how the big fart is doing? Most likely BK by now.
Quarterly report was better than I expected. I believe this to be an excellent value and to be at $35-40 in the next 12 to 18 months as Wall Street analysts pick up coverage after the dust has settled from the spinoff and begin to promote it. Typical spinoff behavior to this point. Mgt received significant option awards and now have skin in the game. BTW lots of spinoffs coming on the market and with prices down low, there is more opportunity here than in the last 18 months. What a feast!