Some ideas for 2013
January 9, 2013 - 1:53pm
The idea for this post comes from @Legacy_Trades who graciously contacted me over the holidays to be part of a "Twitter Pros" list of opinions and Best Longs, Shorts and Year End S&P target for 2013. Unfortunately, I was traveling over that time and as soon as I returned, I came down with a severe dental emergency that took me out of the game for a few days and I missed the deadliine. But I am ever so humbled and honored to be part of such a great list of traders and I graciously thank @Legacy_Trades for the mention in the post.
OK I know I have pounded the table on this one a lot, but my favorite long for 2013 is $PWER. I have been a champion of this company for a few years now and I believe they are a candidate for buy out in 2013. I am holding $4 calls in my long term account that will exercise next week and I will own the common from $4.
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