Update on my family, solar stocks, Star Wars and more
First a personal note – That little baby Amaris sure is cuddly and giggly and curious and growing. Her little left eye doesn’t quite open fully and she obviously does still have a tracheostomy tube and a gastrointestinal tube and we still have to be near/watch her 24/7. She has been such a little Princess Warrior fighter and quite frankly, it’s inspirational on many levels to watch and see her grow and heal. When she was first born almost six months ago, her skull was not fully formed in the back and on top and the skin around those areas wasn’t there either. In the first couple months, we watched the skin in the back and on top of her head grow and close and in the next couple months we watched/felt her skull do the same. She now simply has a soft spot on top of her head like any other baby. Her older sister, Lyncoln, is almost two years old now and healthy, happy and a ball of fire. She and I play a lot. A lot. She’s learning both English and Spanish but sometimes doesn’t get much out that’s comprehensible in either language just yet. Lyncoln plays harmonica, sings and dances, pets/hugs animals, and loves to play catch. My wife is exhausted but working when she can and being a wonderful mom to both girls. I have to give a shout out to my wife’s parents, Hoot and Linda, for all the sacrifices they make to help us day and night with managing all this.
First Solar is at new 52-week highs, continuing to be one of the very very few energy-related stocks on the planet that isn’t crushed this year and one of the even fewer to be at new yearly highs. Solar stocks jump after lawmakers strike tax, spending deal – I have owned $FSLR for years and it has more than a billion dollars net cash. I wouldn’t chase $FSLR today except to maybe get started with a small tranche of maybe like 1/5th full size and then step back and look to add to it over the next few days and/or weeks. Other solar stocks I don’t like as much, for example, I’m not comfortable with $SUNE‘s net debt of nearly $5 billion.
Disney paid $4.05 billion for Lucasfilm in 2012. I’ve always felt like George Lucas way undervalued the franchise in that sell and wonder why. Still do. Disney’s could make a billion dollars in profits off the first installment. How much would Lucasfilm be valued at in the public markets if it had held an IPO or if Disney were to spin it off (They aren’t). Maybe $20-30 billion or more? I expect we’ll see a sell-the-news reaction with the Disney stock no matter how big the results of Star Wars opening weekend turn out to be. Disney’s a great company and they practically stole the Star Wars franchise from George Lucas. I wouldn’t want to short it though. I have to admit I’m very excited about seeing the new installment.
You have to try Google’s new ’Star Wars’ lightsaber game right now – So cool how the smart phone reacts with your PC. We are living in the future, though in this game, it’s a long, long time ago.
GWPH down another 6% today. Probably not a bad idea to cover 1/5th of our short and I might go ahead but I am not going to just yet.
Finally, if you’re still looking for a special gift for someone in your life this holiday season, why not help them become a better investor and trader by giving them a subscription to Trading With Cody? Email Cathy at support@tradingwithcody.com and she’ll set it up with you and work with you on when/how you let the person know about their Trading With Cody gift.
