I knew something was up as my inbox began filling up with messages from Twitter announcing new followers. I couldn’t recall any thought provoking tweets that would have enticed that kind of response. Certainly my retweet of “The Sam Jackson siri ad is so effing good http://stks.co/3NKP $AAPL” couldn’t have won over more than a couple of new followers. Then I saw someone on my stream thanking Business Insider for including them on their “The 101 Finance People You Have To Follow On Twitter” list.
As I clicked over to the list, I began scrolling down. There was former White House Advisor Austan Goolsbee. Dr. Doom Nouriel Roubini. Josh Brown. Those guys are on TV all of the time – it made sense for them to be on the list. As I continued scrolling, I passed a few guys that I have exchanged tweets with in the past. I began scrolling faster and then – low and behold there I was smiling ear to ear.
I am very humbled to be on this list and thank Business Insider very much for my inclusion. According to them, the reason to follow me is “specific ideas and general hilarity.” I laugh at my tweets all of the time, but you really have to be a geek to think some of the stuff I say is funny. Here are a couple samples:
Hopefully, my ideas are better than my humor. One of my favorite plays right now is Liquidity Services (LQDT). It is often referred to as the E-Bay of Government and Business surplus and salvage assets. That may not sound exciting,but take a look at this Nightline video featuring the company.
Wall Street is loving LQDT as they are delivering the goods. Last quarter its earnings were up 85% year over year and its revenue was up 41%. Its IBD rankings are off the charts.
If you are not sold yet – check out its chart. As the market has pulled back over the last 10 days, LQDT has bucked the trend – showing incredible relative strength. It may need to rest here, but LQDT is definitely one to keep your eye on.
Long LQDT. I may sell at any time.