Shane Blackmon

Shane Blackmon
Contributor since: 2012
9/8/13
Shane Blackmon
$BIOD i hope people enjoy the gains on Monday morning... wrote a bullish piece on $BIOD in June when it traded at 4.30/share
Management failed to inspire confidence on the 8am CC. People poking holes in the story. Follow me and others on twitter, and you would
see this in real time and be able to get out of the stock. It's a fast moving market these days, twitter is here to stay.
8/5/13
Shane Blackmon
Bought $AMRN for the first time in well over a year this morning... gearing up for the Oct and Dec catalysts
9/7/13
Shane:good job buying amrn around 7 when smart investors loaded with tons of calls and stock around 5:30
i was actually in around 5.40, day before earnings, as all my tweets show. Just sold 7.44 in AH thursday
5/6/13
Shane Blackmon
$AMBC i think investors need to take a close look here... could be worth more than $40/share. Gotta dig deep to find the info in SEC filings
Say AMBC goes out and gets about $2 billion in settlements from banks. Is that realistic and where would that put the stock price?
i think 1.5-2.5B would be realistic. It would be it around $40. Buy a good biz to use NOL's... could be 50-60/share
3/26/13
Shane Blackmon
lucky to short $GV above 5.25... saw the negative article around 5pm, pays to be lucky
hard to say... i've been waiting for a good month now. But the market seems like it's breadth is narrowing. Shouldnt be more than 5-6%
4/7/13
Thanks Shane. I'm currently only in one equity (ATRS). All else in high yield bonds...waiting for the correction before getting back in
3/8/13
Shane Blackmon
$JCP too early to buy equity. Bought some of their debt $PFH. 11% yield. Trading at discount to bonds. 2ndary good for bonds, if 1 comes
3/12/13
You should check out the 5.65% maturing in 2020. Traded down to the mid 70s at one point last week (also has change of control protection).
2/7/13
Shane Blackmon
$RSH ceo should lead to a nice pop tomorrow! Guy turned Duane Reade around and sold them. Huge short int. in RSH
great call from 2.25, but already a significant move up since then. more room to run, you think?
2/8/13
Wow...great call...!
1/22/13
Shane Blackmon
Bought $RSH at 2.25 for a swing. Technical trade, high short interest, $BBY acting great. Expect a squeeze when it crosses 2.30
How high do you think we can get here? I'm thinking $8 by July.
i think $4 by middle of the year if the markets remain near highs. Becoming more bullish, added to stake today.
11/29/12
Shane Blackmon
$SGYP longs should look towards $CLSP. $3 equiv entry into SGYP, but locked up for 24 months. Solid risk/reward in my opinion.
11/26/12
Shane Blackmon
$GNRC this pop should be sold into. As holders who were looking to sell in the 2ndary will likely sell in the open market now.
2/7/13
The 2/8 storm could be a better time to sell, especially if not many outages. The sp is also hitting a double top....any thoughts Shane?
Just consolidating after big gains... expect a 1 or 2 day selloff that is vicious. Those are bull market selloffs. Buying opportunities.
11/15/12
Shane Blackmon
$VIEW interesting story, i know it's China... but cheap and huge stock buyback ongoing (30% of shares). $6 book value
11/6/12
Shane Blackmon
$OMX book value jumped to over $11.75/share after the gain on the Timber notes was finally recorded. Decent #'s, good margins
10/26/12
Shane Blackmon
GUT doing a rights offering... severely overvalued with NAV at just $5.57... should be trading down $1 at least today.
10/15/12
Shane Blackmon
$JOEZ... that's a strong quarter! could be up big for a $1 stck tomorrow
10/11/12
Shane Blackmon
LINE Seems like investors should shift into $LNCO, seems like no-brainer without a K-1, worth having a 2-5% lower divy
10/9/12
Shane Blackmon
$CFP another closed end fund that shouldn't be trading over $5... just gives you return of capital in their dividends
It's not paying. Here... i'm giving you $100, you give me 18 back each year... next year the NAV is 82. That's what it really is.
2/27/13
Depending on when you bought it, you may have collected more dividends then lose in NAV. Not sure I would buy this stock though.
10/9/12
Shane Blackmon
closed-end funds are trading WELL above NAV. starting to get taken apart after Barron's article. $PHK, $PHT, $PGP. $PHK over 60% above NAV
tomorrow at a reasonable price (no discount), it would only be worth $8.38 the NAV for PHK
You wan't to pay $160 for somethign that is worth only $100?
10/5/12
Shane Blackmon
SAND is ridiculously expensive. I would strongly urge people to wait to buy this on a pullback below $13.50, overbought right now.
It hit $13 on 10/10, so it pulled back through the level i predicted. Still expensive, but at least its not overbought if people want to buy
11/3/12
Wait till it pulls back to mid 11's
9/20/12
Shane Blackmon
$SGYP i'm bulled up on this patent deal. Patent App 20100221329, was rejected June 19th for method of use. Stock dropped 27% in 2 months
9/20/12
Shane Blackmon
$SGYP ...after that rejection. Now the concerns have been lifted with this deal. Likely see buyers come into the name over time now.
9/19/12
Shane Blackmon
$SUN definitely interesting IPO, solid 8.5% dividend yield, steady cash flows and double digit increase in dividends expected in future.
9/19/12
Shane Blackmon
$ALXA i love this chart... catalyst coming up, and above $5.10 this thing could soar up to $7-8 given the current biotech mania
9/13/12
Shane Blackmon
$OMX wow time to take profits. Just sold last 50% at $7.36, after taking off 25% at 6.01 and 6.49
9/9/12
Shane Blackmon
$AIG get your cash ready... government stake will be down to near 15% soon.
9/6/12
Shane Blackmon
$OMX... love it, most hated stock, in the most hated industry??? hitting a 52 week high
It's under $500M mkt cap and is a WILD stock to be in. Look at the move on a 2 year chart. It's not for the faint of heart
Check that, $575M market cap now... rise is so quick i lose perspective of the market cap LOL
8/30/12
Shane Blackmon
$SGYP trading nicely off of $IRWD approval. $SGYP should be trading near 10, not $5. Worth $25 on approval in 2-3 years.
8/23/12
Shane Blackmon
$SGYP FV-100 looks interesting, 1 pill per day, rather than 12 pills with Valtrex. Valtrex had 339M pounds of sales in 2011 for $GSK.
8/23/12
What, are those pills made of lead or something?
ha, i dont have the symbol for British pounds on my computer... or else i just don't know how to do it.
8/23/12
Shane Blackmon
$SGYP bought a shingles drug from $BMY, which was a $INHX drug before $BMY buyout $1M upfront payment, milestones, single digit royalty
8/17/12
Shane Blackmon
$OMX .... i hope followers were brave enough to add after $SPLS blow up. $OMX technically looks great and catalysts setting up
well i'll mark this and we'll look at omx,sppi, nok and amrn at end of year... and see which does best
8/21/12
Ehehehe! :-D
8/16/12
Shane Blackmon
$OMX now fully expects Lehman issue to be resolved this year. Catalysts are coming into place!
8/15/12
Shane Blackmon
Great chance to add to $OMX... i added a little bit after the open this morning.
8/2/12
Shane Blackmon
$OMX looking good today. Continue to see it as undervalued as the balance sheet is misunderstood. They are drowning in cash, finally a divy
Good call man, still see a double by DEC?
it's a favorite name of mine. When Lehman is off the b.s., and one more corp action is done (buyback, divest non-core biz), it'll be at $10
7/21/12
Shane Blackmon
$SGYP, also the lockup of shares is 18 months. Nice to know the largest shareholder won't be dumping shares as SGYP rises in the future.