Friday, June 4, 2010

moves

lightened up on aapl today; still a major position though. opened a decent-sized position in mtg - cheap; great risk/reward. am now into c in a huge way; very large position for me - i see it as incredibly cheap = tangible book = at least 4.15 - and the shares trade at 3.80 = book is probably over 5.......i think it's a screaming, table-pounding buy right here at 3.80 = by end of the year i think it SHOULD trade at least at 6 to 7; but where it actually does trade is of course anyone's guess at this point..........

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