Monthly Archives: February 2009

Consulting the WTF Guru

I was having a total WTF moment on Friday, trying to ride out the market’s bank nationalization paranoia and the new rabid bevy of speculators who profit on the short. I needed to make a decision about a bank preferred stock that was getting hammered. I thought it was way oversold. But the problem [...]

Lipscomb Scores, Berman/Beal Burnt?, Phelps Chillin’

Proving bankers aren’t the only ones to profit when their stocks tank, it appears that Steve Lipscomb won’t suffer much with the World Poker Tour’s stock languishing in the sub-$0.50 range. In a recent SEC filing, Lipscomb will now get 5% of the company if it changes hands this year – which will come [...]

Spirit in the Sky

When I die and they lay me to rest,
Gonna go to the place that’s best.
When they lay me down to die,
Goin’ up to the spirit in the sky
– Norman Greenbaum
I never believed in god. That’s one reason why, when I was little, I thought Spirit in the Sky was a song about a pilot. Ever [...]