Names that mock pricing efficiency

All of these are rocketing today and everyday, Open Table, Lululemon, Netflix, Priceline, Travelzoo, Green Mountain Coffee and such. Small floats, huge short interest, end-of-month markups, call it whatever you like, just not that their story is so compelling that they justify the valuations that the market accords them. And don’t short them either. If oil coming down is more than a one-day wonder then expect to see money rotate to consumer discretionary-what we don’t spend on gas we will spend at Mickey D’s and so on.

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