Sotheby's…Bounces
- Posted by Howard
- on November 15th, 2007
Maybe people are just sick of boring Picasso’s. According to Alley Insider , contemporary is still in full SHHHWING as it should be. It’s tasteful and I have taste :) .
The stock has bounced 25 percent plus since imploding on panic about the art market a few weeks back. I thought it was way overdone and considered a bounce play…actually wrote…’There Should be a Big Bounce’.
When you do this shit so long, sometimes you get a feel. I have trained myself to avoid most of those feelings and keep it simple.
I missed a great one.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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