<p>What is Sperry?</p>
<p>Sperry Topsiders</p>
<p>Ok…who owns Sperry?</p>
<p>Was Sperry taken over?</p>
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<p>I’ve actually had a fairly low profile on precious metals. I have a position in CEF which is basically the lowest way to play precious metals on volatility. Most of the last 12 years, I’ve also had large positions in precious metals miners but I felt some weakness and mostly bailed out. I’ll always have some precious metals position though.</p>
<p>My feeling is that you have some pretty powerful deflationary forces out there right now and that central bankers, at least publicly, are reluctant to crank out more money. I think that they will if they can. It’s not something that I want to put in the effort to watch for now so I’m not participating (mostly). $1,600-$1,700 seems to be a big battleground area.</p>
<p>One way to measure what’s happening in gold is to subscribe to GATA emails. You don’t have to read the articles. Just count the number of emails you get per day. The higher the number, the more likely gold is to go down.</p>
<p>Collective Brands, formerly Stride Rite</p>
<p>:)…</p>
<p>The gold mining stocks are performing much worse than the metal.</p>
<p>Looks like Collective Brands is up for sale</p>
<p>Collective chooses Wolverine and Golden Gate. Collective Brands (PSS) has picked a consortium led by Wolverine World Wide (WWW) and Golden Gate Capital as the leading group to buy the company, Bloomberg reports. The acquisition values the owner of the Payless ShoeSource chain at $21-$22 a share vs. the company’s close on Friday of $21.20, which gave it a market cap of $1.3B. Opinion: 5 footwear acquisition targets in 2012.</p>
<p>Wow…qdogpa…I was long Stride Rite 20 to 25 years ago…I can’t even remember…it has been so long…</p>
<p>Ok…thanks for the buyout info…</p>
<p>I am long Pay…not a good day for me…</p>
<p>Hmmmmm…
Have to add MNST to the Wall of Shame.</p>
<p>SUN has to be added too.</p>
<p>Taken over today…</p>
<p>I have to scratch my head listening to Whitney Tilson explain how he went from short to long last week on Barnes and Noble…and one wonders why people think the game is rigged</p>
<p>I think he should be investiged…along with the fund he mentioned…</p>
<p>His turnaround is very suspicious…</p>
<p>He turned his position around because he read something on a web site…</p>
<p>Agreed, it really stinks, BAD?.if any of the clowns on CNBC had any guts, they should have mentioned it looked suspicious that he went from short to long…</p>
<p>My technical guy was long BKS last week. I didn’t play it. I didn’t even watch it. I think that some of the subscribers made out well.</p>
<p>That’s a good point about Tilson. He is a very smart investor, but I fail to see how he goes from short to long at the perfect time. I can see closing his short but not deciding to go long at the same time.</p>
<p>MSFT doesn’t screw everything up…the Kinectx (sp) technology is fabulous! If only they would put it in more devices…I’d love to control my TV with the wave of my hand.</p>
<p>Should be fairly easy to see if Whitney was playing in options…</p>
<p>[BKS</a> Options | Barnes & Noble, Inc. Common Sto Stock - Yahoo! Finance](<a href=“Symbol Lookup from Yahoo Finance”>Symbol Lookup from Yahoo Finance)</p>
<p>He is a regular on the halftime show on CNBC, so the resident experts gave him a pass…They would likley criticize someone else who went from short to long, and THEn the stock has a significant news event that moves the stock price…</p>
<p>[Long/Short</a> Equity Investing Panel: Whitney Tilson (CIMA Conference) ~ market folly](<a href=“http://www.marketfolly.com/2012/03/longshort-equity-investing-panel.html]Long/Short”>Long/Short Equity Investing Panel: Whitney Tilson (CIMA Conference) ~ market folly)</p>
<p>“Nokia (NOK), Barnes & Noble (BKS): terminal value zero, thinking of adding Research in Motion (RIMM) to the list, waiting for a bounce. Tricky with a lot of cash, doesn’t expect NOK and RIMM to survive in Android business. Bigger, better player can go under- Borders Books failed, BKS will be next. Any time you’ve seen a stock that has moved a lot, and you say, “I missed it.” Instead, stop and do your work, pretend like it never was at a price before. Only thing that matters is where the stock is today and where it’s likely to be in the future.”</p>
<p>Terminal value…zero…</p>
<p>Qdogpa…I can not stand that show…</p>
<p>But my boss likes to watch it and he is the boss…</p>
<p>Nokia’s a strange one. I have a BIL that works there and his job seems fine. I spoke to his manager one time and they are looking for people (very specialized work). I think that they generate a lot of cash with their low-end products and the software organizations that support their sales seem okay. But they do seem overall on a downward trend as smartphone adoption continues. If smartphone service plans ever get cheap … Nokia will go into a death spiral.</p>