vicarz: (Dr. Queso)
[personal profile] vicarz
I think the dirty hippie IMF and anti-war protesters should pay attention to the immigration reform movement. The protests yesterday were filled with american flags (waved, not burned), families, and cooperation. There were no or few acts of vandalism, aggression, or violence. The police, same police who were called thugs by the mom's-suv-driving anarchists, had no clashes with the protesters. I think the anti-war-IMF and down-with-rich-people-other-than-my-parents protesters should take a lesson from the hispanic population. Well two, because most hispanics work for a living...

In other very important news, I'm buying Samurai Jack DVDs. For some reason, I still love to watch cartoons. There is little I watch more than cartoons (other than the news). However, I'm no longer able to kick back and enjoy the cartoon network. They used to have brilliant cartoons that appealed to me, and apparently to children too. I love the idea of entertainment that works for multiple generations. Powerpuff girls, dexter's lab, Samurai Jack, Grim (still on, but as a shadow of what it once was), Courage the cowardly dog, Justice League...they ranged from cute to awesome. Somehow they have moved away from the crossover demographic to shows about slut-looking-bratz and retarded Eds. I am sure someone did market research and found that moronic cartoons were a higher profit item than the crossover fare. It's sad that smart entertainment is falling by the wayside. Yes, I'm lamenting about the deterioration of cartoons. I'm immune to irony.

One of my favorite stocks plummeted last night, TOPP (tootsie rolls). I love them because well...they make tootsie rolls, have no debt, and hold great name recognition. I find they pathetic because their P/E is inexplicably in the stratosphere as mgt never gives dividends. I only invested a little in them through my Roth IRA, and they were up 16% from Jan. Yesterday they announced a loss where a profit was expected - shortly after a huge pump from MSNBC's Cramer. I know he's a moron and an ass, I know he pumps and dumps, but I bought long before he had said word one about them. Yesterday they plummeted over 10%. On the other hand, I have about 5x that much in Alcoa, who is up about 7% in pre-market after announcing higher than expected profits. They're facing strikes, but announced they stockpiled in advance and have replacement workers, including mgt, to avoid disruption. My stocks are averaging higher, mostly through luck (FDX up 43%!?). The majority of my stocks are down, but the big investments are averaging higher. I think the lessons learned are: big companies average higher returns for me than picking risky small caps hoping for godly returns, and if you're going to lose money you should do it in a fun company like XM, tootsie rolls or stem cell researchers, rather than a pharmaceutical or bedrock industry. I'm about ready to sell my CAT stock after doubling.

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