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  • Good bye, Time Warner

    Today was my last day of employment at Time Warner Cable. I have been with the company 7 years - long enough to have earned a pension! The reasons for my decision to leave are far too complicated to go in to here. Suffice it to say that I was made a better...
    Posted to Greatajax.com by Mark on Wed, Mar 10 2010
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  • I lied

    When I said I'd hold JDSU until it doubled. I have been so staggered by JDSU's recent move up that I decided to lighten my position by 1/4, as my holdings were up 36% in a very short time. SWC had another speculative move upward today, coming...
    Posted to Greatajax.com by Mark on Tue, Mar 2 2010
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  • Summary of recent activity in the GreatAjax High Risk Fund

    I've divested myself of all Gold holdings at a small loss, in order to diversify a bit out of precious metals. I still hold SLV April 21 calls, which are near worthless right now and represent my largest loss. I will hold them until the bitter end...
    Posted to Greatajax.com by Mark on Fri, Feb 19 2010
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  • I am prescient

    Hot on the heels of my previous post, here is disturbing news for those who buy miners in politically risky countries. Short version: Africa talking about nationalizing gold mines. Socialism is such a great political system for those in power, they can...
    Posted to Greatajax.com by Mark on Mon, Feb 15 2010
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  • Reiteration of BUY on Stillwater Mining

    I have bought back into Stillwater after trading out before its recent sharp pullback. I really like this stock. Palladium and Platinum are both necessary to catalytic converters (2 grams each per converter, on average), as it is in the nature of these...
    Posted to Greatajax.com by Mark on Sat, Feb 13 2010
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  • I just re-read my previous bit of anti-Cameron rhetoric

    and it made me realize just how much I love the word puerile. But don't be mad at me, Mr. Cameron. There are plenty of people who don't object to your message, yet watch pirated versions of your film. I will lift my boycott when I can Netflix...
    Posted to Greatajax.com by Mark on Thu, Feb 11 2010
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  • Why I boycott Avatar

    Because ideas matter . There are plenty of people in this world who don't agree with me on that premise. One of these people might go see Avatar and wonder why I find it offensive: after all, it's a fictional piece of eye candy about an alien...
    Posted to Greatajax.com by Mark on Thu, Feb 4 2010
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  • Quick review of Up

    To contrast my previous review, which left a bitter taste in my mouth, let us now discuss Pixar's latest film, Up. Up is a triumph of film-making that should serve as an example to the Tarantinos of the world as to how it's REALLY done. The introductory...
    Posted to Greatajax.com by Mark on Fri, Jan 22 2010
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  • Quick review of Inglourious Basterds

    Inglourious Basterds is the latest tripe from Quentin Tarantino and it is typically "tarantino-esque", meaning it's loaded with heavy handed efforts to convince the viewer of just how smart and witty the director is. For example, he may...
    Posted to Greatajax.com by Mark on Fri, Jan 22 2010
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  • How I'm dealing with the stock market bloodbath

    I'm down a bit but thanks to Stillwater Mining my bleeding is not as bad as some. After getting out of my position in SWC, I got back in last friday on a correction, and traded back out this monday for a quick 50% profit. Good thing I did, because...
    Posted to Greatajax.com by Mark on Fri, Jan 22 2010
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  • Buying LVLT

    I've been hearing a lot of pundits say that buying Citigroup (C) at 3 dollars and change is like buying an unexpiring option on the financials in general. Personally, I have no idea how to play the financials and the depth of government intervention...
    Posted to Greatajax.com by Mark on Sun, Jan 10 2010
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  • Another note on the ERTS trade

    The trade previously outlined, my friends, marks my first foray into video game speculation since my very first call option purchase: Take-Two Interactive (TTWO). I lost everything in that trade. I have been loath to re-enter since, but I believe I have...
    Posted to Greatajax.com by Mark on Thu, Jan 7 2010
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  • Buying Electronic Arts and GLD, selling Stillwater

    I said Stillwater Mining (SWC) was the best investment idea I could come up with, a month or so ago when it was at 9.50. Well, yesterday was one of those days I dream about as a stock speculator, in which Stillwater rose 17% in a single day. It had previously...
    Posted to Greatajax.com by Mark on Thu, Jan 7 2010
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  • Tanning is good, socialized medicine is bad

    It is clearly evident that vitamin D is good for you and we need a LOT of it . And there is no doubt that the rays of the sun are natures intended way of injecting us with this vitamin. Tanning is also an excellent way to keep the skin from developing...
    Posted to Greatajax.com by Mark on Thu, Jan 7 2010
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  • The Story, and why I bought JDSU

    When I buy stocks and options, I like to have conviction in a story that I feel will play out; one that runs contrary to common wisdom. So here is one of the stories I currently subscribe to and the various ways I can play it. We all know mobile phones...
    Posted to Greatajax.com by Mark on Tue, Jan 5 2010
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