Ocean Man Portfolio is flying. Many junior oil stocks up over 5%. Closed out my last couple shorts, glad I covered most yesterday.
6/29/12
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Ocean Man: Shorts: exited MCHP with a 1% gain, HD break-even, WY -3%, DHI -5%. Greatly outweighed by gains on shorts yesterday and longs today.
6/29/12
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Ocean Man: Re DHI: I thought LEN or KBH would disappoint this week and bring it down. Both beat, lumps taken.
6/29/12
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Noreika: Nice work on your oil picks OM. Do you play any penny ones?
6/29/12
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Clayton Rulli: you taking any profits? have to be prudent and trim atleast lightly!
6/29/12
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neobliviscar: I'm very overweight in oil too. It is a beautiful day in ESV, DO, USO, COP, BP and lesser positions>>makes up for buying NKE at 88.63 DOH!!
6/29/12
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Ocean Man: Nor - LEI & MHR considered pennies? CXPO? All are under $5, LEI under $2. cwr - not taking profits, just exited shorts, bought ARLP $56.07.