“Sunshine” — if you’ve ever seen Barney Frank on TV — is likely not the nickname that first leapt to mind. Indeed, I’ve had the privilege of knowing the former chair of the House Financial Services Committee for more than half a century and can’t imagine there was a time anyone ever called him that — unless ironically.
Which makes Barney’s inaugural column in The Hill this week all the more noteworthy.
He is optimistic:
Things are looking up.
Or maybe I just feel that way because:
> PRKR jumped another 23% yesterday, quadruple its price from five weeks ago (but don’t sell much if you bought it with money you can truly afford to lose because there’s a reasonable chance of good news in May, in their trial against Qualcomm).
> CTHR jumped 40% yesterday, much of it in after-hours trading, to triple its price last March. I have no idea what’s going on, but something seems to be — it traded more than 5 million shares, 25 times its daily average. Time to lighten up, I guess.
(And here’s a suggestion: Don’t try to change someone else’s mind. Instead, help them find their own motivation to change. A good read.)