Microsoft…It Is Alive!

Posted by Howard
on October 25th, 2007

Sometimes you just don’t ask questions, you just eat crow and move on. That is unless you are a shortseller. Than you just dig in and argue and defend and lose money.

I have stayed away from the stock of Microsoft and have been calling it dead. I guess I am/have been wrong. They are on fuego?

I think their accountants adding up Vista sales must have worked at a derivatives hedge fund, but the market believes baby. Don’t fight it. I think the stock is buyable, but will fish elsewhere.

I am happy as my other software stocks should get juiced.

It was a horrible day for one of my faves GSIC, but what does not kill us…

As for Iteractive Brokers…they Kung Pao’d the numbers and are set to rock into all-time highs. Thanks to Cole (Blackstar) pounding the table on this one since it’s Dutch Auction IPO, I have stayed with the stock and been adding recently. Blackstar may be finally adding it to their portfolio tomorrow.

I am sitting in Buddy Media’s new office blogging this. It has the sweetest angled view at Central Park. Awesome.

Disclosure- Long IBKR, GSIC and Buddy Media

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