OZFEST is Free

Intro Ozzy Osborne because OZZFEST is Free: Early in the week I spoke about the new IPO Fortress Investment Group (FIG) John Edwards was an advisor for them. The nickname for this hedge fund/private equity going public is the Two Castles (NCT)- Ironic: Two Americas is the theme of John Edwards. Is the sub prime lending market coming unhinged? HSBC (HBC) mentioned along with Accredited Home lenders (LEND) and cheepy Fieldstone (FICC) in WSJ.BHP Charles Goodyear might be courted by Alcoa (AA)Bio Diesel Buses breakdown in Indiana. “Ultra-low sulfur ratio” not so low it clogs the filters.IBD New America stock was Tempur-Pedic (TPX)
I left early today to cover the ASI show in town this week. I love going to this show because of the cool marketing ideas. The hot product this year was vibrating soap. Watch for the montage video that we put together. Pete is still doing CNBC’s Fast Money and Dr J called in from Florida gave us Broadcom (BRCM)Feb 35 calls vs Marvell (MRVL) for the Apple I-Phone that uses G2 vs G3. Add in H&R Block (HRB) trade to the sub prime loan short. April 22 ½ puts active. Steel is still hot (AKS) June 20 calls. (JPM) puts also (BMC) March 35 puts. Listen to CoffeyGrinds
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