PAL won me a really cool Wii thing (I think, I never actually opened the box) last year with a stellar 40% gain (along with a 24% short on AMZN) in this financial blogger stock picker contest.Today we see our old friend benefiting from the continued commodity rotation. There's the target, ripe for the picking.
Now do you see what is going on here? Do you think that these things are catching the bid because of Mr. Obama's new make-work, infrastructure and green energy nirvana, with the idea of improving fundamentals? Or do you believe that players are playing hope for all it is worth, casino style. Wall Street style? CNBC style?
Edit (4:08) And now, evidently MSNBC style as Dylan Ratigan, renowned "high-octane expert on the stock market and Wall Street" he he he, ha ha ha... takes his hard core Wall Street insider persona over to some other semi-useless network. This tells me there is a market for 'Fast Money' style TV. This tells me 'the people' have not learned a thing. This tells me there is money still to made being contrary the conventional.
