POUT OUT

Let me first stating that this monologue is not PERSONAL. I have nothing personal against anyone, it’s purely business and professional. Having said that, this is rather emotional. There is no reason to deny that. I feel it rather strongly and I have nowhere to pout it out.

I am more upset about this perverse promotion than anything else, even though it is nothing short of expectation, more upsetting than if they had shown the door to everyone! This is a guy, who is not merely mediocre, useless, he’s actual HARMFUL. The more he does, the more damage. The longer he stays, the more the organization and the rest of us will suffer. They actually promote him? That’s like you lose a battle, lose a war, lose everything, including your shirt and underwear, but you win a Purple Heart!

If it is one of us, while I am not 100% certain (let’s just say 99.999%) that you will be pinked, I am more than 100% certain that you will not be promoted. How could you be promoted when all you managed to do in the past three years is to reduce assets and profitability under your management by 60%! Alright, I give it to you that it is not your fault, it is all other people’s fault, still, you can’t get a promotion in a normal organization, a normal society, a normal country, unless it is prejudiced, racially-biased, perverted, and utterly stupid. How unfortunate that I am actually a part of this organization. No wonder I always feel unaccomplished, I actual feel rather shameful.

WCG

Against my will, I averaged in some WCG this afternoon. The stock sold off by more than 11% in sympathy to the disappointing outlook of CVH. I thought the sell-off was not warranted, and the ferocity and magnitude smell like panic for me. I would have liked to add a bit more in order to pack the action, unfortunately, I run off the fund, so have to settle for a small number. I could be wrong though and WCG could potentially miss its numbers or lower its outlook on next Tuesday. I am a bit of nervous here. If the stock recovers and runs up to $35 level (yesterday’s closing) before the earnings, I may scale back a bit in order to keep myself sane.

WYE

WYE also got filled today at 45. I desperately need a rally, even a short one. Again, other than AMZN, earnings were very strong, with a couple of blockbusters (FFIV, IFSP, ISRG). A few interesting one, SIMG as one of them. WEBM also blew the expectation, although after market was rather muted. We’ll have to wait until tomorrow morning. Overall, very strong earnings reports tonight.