If Only Water Wasn't So Fattening

This will work as there is a definitive unmet market here:




Recommendation: Formulated with a unique mix of nothing at all, Diet Water is a compelling sell to health conscious consumers who are weary of being force-fed waters that aren't not dripping with no calories. Now they have a healthy alternative that allows them to consume as much water as they want without gaining any weight. Long diet water. Porkers and women will buy anything, even if it's nothing. In fact, they will frequently pay a premium for products with high levels of nothing content.

I'm Calling the Top. My ten signs:

1. Shares of Odyssey Marine Corporation (NYSE: OMR) recently doubled when they announced they found sunken treasure.


2. Microsoft (NASDAQ: MSFT) (supposedly smart people) paid 38x EBITDA for a company that has half its earnings from a product that Google will probably offer for free.


3. Sotheby's (NYSE: BID) stock price has predicted the last two recessions and is predicting another any second:


4. Dog Yoga


5. Shares of the Berlin Zoo (BBERG: ZOO.GR) recently doubled due to the birth of a baby polar bear named "Knut".


6. Private Equity firms in search of stable cash flows are buying Qantas and Iberia - they are airlines. In case you've been dead for the last 50 years, airlines are not in the steady cash flow business.


7. Blackstone, a company built on the advantages of private vs public ownership, is going public.


8. Actual NYTimes headline: "At Cannes This Year, the Bankers May Outnumber the Movie Stars"


9. Michelangelo Volpi left his position as the head of an $11 billion division of Cisco (NASDAQ: CSCO) to become the CEO of startup Joost, which just raised $45mm of VC funding. And he isn't crazy since Joost will likely be acquired for $40 billion in 2 months, or roughly 5 billion times revenue or negative 30 million times their projected 2010 cash flow.


10. Chinese solar company LDK Solar traded down after its IPO. That was a disappointment since two weeks ago China Sunergy shot up 51% after its IPO. In fact, there have been 9 solar-cell IPOs since Dec05 with yet another -- Yingli Green Energy Holding -- coming this week. Point of interest: LDK's CEO was a shoe salesman 5yrs ago. Today he is worth roughly $1bn.

Addendum: Ours go to 11.
11. China.