Posted by: beautifool January 22, 2014
Stock for 2014
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@lopchandai. Not sure about Best buy. I don't go out and buy electronic products so I don't know. Radio shack is in a similar situation. A friend of mine was asking me to buy and his theory was that a famed value investor has decided to invest in Radio shack. It's up from all time low. But I didn't buy. You see Prem Watsa was involved with Blackberry and it went from 5 dollars in December (tax sell off) to now above 10 dollars. I didn't buy BBRY either.

I'm 80% PEIX and 20 % TEXC..TEXC finally had some volume today. I'm very optimistic that there will be an earnings surprise. I want to see TEXC in 50 cents range before I decide whether to keep it or let it go. I want to see PEIX go all the way up to 30 dollars and more. I know PEIX was in 2 dollars range 2 months ago..but that's how commodity market works, just like biotech stocks. PEIX is not my long term holding. It's a special situation play. All things are favoring this company for a foreseeable future.

There are some people at joestocks.com who are shorting best buy and I like those guys who are involved in the website. I go there everyday.
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