I’m up 5.66% for the year, thus far. Gains in VHC have propelled me, being 30% of my book. Naturally the plan is to reduce the size of the position into strength. I’ve been buying the stock for over 6 months now and have intertwix myself with the outcome of their litigatory claims.
Being on the long side of such a heavily shorted stock requires one to endure a certain level of vulgarity with respect to the prospects of the company. There are numerous parties attempting to derail my efforts to attain “extreme luxury” by peppering the news wires with ridiculous stories and pecking away at the price through 100 share sell orders. Soon the good judge, Leonard Davis, will put an end to this mortifying conference and slap an injunction on the hucksters over at AAPL.
Last year this time, “The Fly” had lofty goals, designs to make triple digits in the markets–mostly through sheer will. The outcome was one of a milquetoast rollercoaster ride, booking just 11% in 2012. For 2013, I only expect to beat the SPY by 2x. Gone are the days when I’d take an imperious stance against the natural order of the market. It has ruined scores of men throughout time and will continue to do so, as long as expectations remain great, unreasonable, and out of reach.
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