1 172 short $DSW 26.51, hedged with $VCR 45.65 Tue Feb 09 20:34:14 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8869680192 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> DSW VCR short $RDEN 17.42 v. longs $TRLG 18.82, $VCR 45.65. $RDEN way over-bought here: questionable fundies, limited growth. Priced 4 perfection. Tue Feb 09 17:00:30 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8862102568 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> RDEN TRLG VCR New pair: long $BKE 28.35, short $TUES 5.09. $BKE oversold and fundamentally solid whereas $TUES overbought, absymal earnings history. Tue Feb 09 15:45:30 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8859275920 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> BKE TUES bot $QCCO at 4.9. I may be getting in too early but the fundies here are just incredibly compelling. Thx to @wallstreetbean 4 the heads-up. Mon Feb 08 20:41:25 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8823749727 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> QCCO covered $HOG 22.59 for 11.95% net gain in three weeks. Sorry didn't list orig short entrance at 25.69 on 1/13 since I was in Costa Rica. Mon Feb 08 18:05:36 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8818570933 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> HOG What a strange day -- 50% of my "conviction short" watch list are beating the market by 400 basis points or more. Total junk rally here. $$ Mon Feb 08 18:04:40 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8818538799 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> covered $HOG 22.59 for 11.95% net gain in three weeks. Sorry didn't list orig purchase of 25.69 on 1/13 since I was in Costa Rica. Mon Feb 08 17:18:18 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8816960949 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> HOG stopped out / sold $NEP 8.72 and corresponding hedge $FXP 10.3301 for one day net profit of 2.69%. Mon Feb 08 15:21:05 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8812747963 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> FXP NEP stopped out / sold $NEP 8.72 and corresponding short $FXP 10.3301 for one day net profit of 2.69%. Mon Feb 08 15:20:26 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8812723962 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> FXP NEP exited $HTGC, $TICC pair. Too choppy for my taste. Fri Feb 05 20:13:34 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8691602853 56398404 web HTGC TICC $TICC has an NII yield of 8%, which is lower than any other BDC except for $MAIN (7.99%). Thinking about buying a basket of BDCs vs. $TICC. Fri Feb 05 19:01:59 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8689191201 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> MAIN TICC very strange that $TICC is up today while most of its peers are sharply down. Guessing its combo of share repurchase, dumb retail investors. Fri Feb 05 19:00:13 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8689126493 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> TICC sold $ESV 38.38 and covered associated hedge $IEZ 40.80 for break-even. Too much correlation here - was hoping 4 more resilience from $ESV. Fri Feb 05 16:56:50 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8684669966 56398404 web ESV IEZ bot $NEP 8.44 and hedged it with $FXP 10.31 (50% hedge ratio). $NEP is both cheap and growthy but I don't want any Chinese beta right now. Fri Feb 05 16:46:01 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8684262487 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> FXP NEP bot $ATVI 10.07 to hedge what has become a swing short in $THQI. Fri Feb 05 16:44:26 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8684201166 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> ATVI THQI covered $CFI at 12.13 on technical support. Needed an emotional win after a brutal week. Will keep this on my watch list for swing short. Fri Feb 05 16:25:05 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8683460006 56398404 web CFI shorted $CFI 12.58. This thinly traded mattress fabric manufacturer is way over-valued and technically weak. Fri Feb 05 15:11:45 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8680577769 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> CFI Made several purchases of $HTGC today 9.88 - 9.99. Looking for a swing to 10.30 - 10.75. Hedged with $TICC 5.96 and $SEF 45.55. Thu Feb 04 20:04:55 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8645658085 56398404 web HTGC SEF TICC stopped out of $SPWRA at 19.82. One of many bitter pills today. Thu Feb 04 20:02:26 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8645577799 56398404 web SPWRA covered $OSTK 11.31. 22% gain in less than two months. Replaced this short with $ANF 33.43 b/c I wanted to keep $JOSB long. Thu Feb 04 19:52:40 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8645255484 56398404 web ANF JOSB OSTK sold $XING 1.83 after it lost technical support. Down 4.7% in one day... hurts but must maintain discipline. Thu Feb 04 16:01:40 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8637336521 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> XING shorted $THQI at 5.48. Following @codytrades idea. Soft stop loss for now but may pair with $ATVI long after further analysis. Thu Feb 04 15:56:52 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8637154115 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> ATVI THQI covered $ARCC 12.62 and associated longs $PNNT 9.10 and $NHS 12.40. Closing out due to $ALD's rebuttal of PSEC's bid (good for $ARCC). Wed Feb 03 16:36:13 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8594032216 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> ALD ARCC NHS PNNT bot $XING 1.92. Ultra cheap stock which seems to have found technical support at this level. Wed Feb 03 14:51:27 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8590185683 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> XING sold $GLAD 7.88, up 6.3% net in 10 days. Nice earnings report today. Tue Feb 02 20:40:17 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8557051924 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> GLAD shorted $OPEN 25.18. Easily qualifies for my primary trade criterion: "limited downside, big upside." Shulman's take: http://bit.ly/1lk538 Tue Feb 02 20:15:23 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8556213830 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> OPEN Upon further review of $SBLK, I really don't like it. Looks like they are at the mercy of their lenders due to tight covenant packages. Mon Feb 01 15:30:36 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8502399838 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> SBLK covrd $GUT at 7.18, associated hedge $IDU 71.57. Up 14.19% net. Still negative on $GUT but it found support at 7. This trade took too long. Mon Feb 01 15:10:08 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8501666893 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> GUT IDU @codytrades me too! Kinda like $EONC. Now that was a gorgeous short. Fri Jan 29 19:32:24 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8380743555 56398404 web EONC bot $PNNT 8.87, maintained short in $ARCC. Simple replacement of $AINV long. $PNNT reports next week, shd b at or above tgt expectations. Fri Jan 29 19:15:34 +0000 2010 derekbobbe http://a3.twimg.com/profile_images/480168091/face_pic_normal.JPG 8380173310 56398404 <a href="http://stocktwits.com" rel="nofollow">StockTwits</a> AINV ARCC PNNT