super stocks, the long and short of getting rich, rich, rich

super stocks, the long and short of getting rich, rich, rich

fiction
Edward w Pritchard

The legitimate in vogue super stocks making up the indexes slog higher and higher driving the closely watched averages up with them while the other half of stocks begin to deteriorate. No matter.

Does anyone understand the Alibaba [ symbol baba] business model? No matter. Potential business opportunity drives up the stock price allowing the on line retailer to investigate further business opportunities in Media, and other secret market sectors. Success drives success. The [ Baba] insiders need someone to sell to. What happens to [Baba] if China returns to a "stricter " form of Communism?  Who cares. The stock is not the company. By then the champagne will have flowed and early investors will have become rich, rich, rich. As a refresher on [baba] about a month ago it came public in an IPO priced at $68 opening trades around $90 and currently trades at $108. Sounds like 1929 bull market to us. Lawyers out there. How would you like to try to unlock information on [baba] for shareholders. The company is from China, members of the communist party occupy the board and the America investors buy some hybrid form of ADR's. No matter. No one ever went broke by being bullish on American business.

For fun watch the stocks of Dendreon [ dndn] and Herbalife [hlf]. It's soap opera wall street style. Watch the shareholder value disappear. Listen to the CFO twist his words. Hear the bag holders cry and hope for a buyout at last years stock price. It's more interesting than day time TV.

What's in your portfolio? Do you know what your money is doing today?