Summary:
I lost 0.8% this week, ending my weekly winning streak at one.  Its a tough market.  Still, there was some good news.  SNEN, which used to be SNEN.OB before effecting a reverse split and becoming SINE and is now SNEN again, got its NASDAQ listing and raised this quarter’s guidance.  This a week after raising [...]

Summary:
What a difference a week makes!  Finally broke my 5-week losing streak and the 4.2% gain this week made up for 3 lost weeks.  This was my longest losing streak since last July/August, but I was down alot less this time — about 10% vs. 16% last year.  Still it is always harrowing to feel [...]

Summary:
Very up and down week ended with the same result, down 1.4%.  I am losing my optimism, but don’t know what to do about it.  I should probably raise a fair amount of cash, but feel seduced by the compelling fundamentals in companies like ALSWF, SNEN, XSI, NRF, AHR and RICK.  Valuation, growth, they are [...]

Summary:
My weekly losing streak stretching back to May remains intact unfortunately.  Was down 1.4%.  Losses in pretty much every sector.  Even July 4th didn’t give respite as my Canadian holding fell.
I added more RICK, shorted more GAP and shorted PCLN.  At some point lesser air travel and drying up of bargain flights has to affect [...]

Rick’s Cabaret (RICK): Buy
Business: Strip club operator
Shares out(mm):        8.15
Stock Price:              15.65
Mkt Cap (mm):       $127.6
Rationale:
Hopefully sex sells.  Rick’s is an upscale strip club and Internet adult website operator.  Company projects earnings of $1.25-130 for 2008 and $1.55-1.60 for 2009.  At current prices that’s a PE of [...]