iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
22,799 Blog Posts

Indeud

And I quote: “Our recent checks indicate the LCD supply chain is in full recovery mode,” Weeks said. “The LCD supply chain continues to replenish; glass supply and demand is very tight right now, much stronger than we anticipated. This has led to an imbalance in glass supply and demand that will likely last through the end of the third quarter. As a result, we are raising our second-quarter glass volume expectations.”

That was the CEO of GLW telling you to cover your shorts, yet you chose to listen to random internet fucktards. For the love of guns and bombs, the LCD market is on fire. How many fucking time need I remind you?

Aside from GLW, other plays include ASGLY, HIMX, DIOD, AUO, LPL, KOPN, TRID and maybe a little IMOS. That’s all. I help you too much already, and for what?

One more bone: with oil going higher, look towards the parts and service names; you will thank me later.

Today, my year to date gains surpassed 60%, thanks to just about everything. Going forward, I have not determined whether I will take some profits or add to positions. Either way, the market is going higher, so you better prepare to marvel at my market hand for quite some time.

Whether it be a matter of happenstance or true time machine magic, my skills are no longer up for debate. Instead, you need to think about personal solvency. “The Fly” enjoys the luxury of magic carpets and personal printing presses, amongst other things, while you struggle to pay for your cell phone service.

In short, “The Fly” wins again.

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46 comments

  1. Henry Fool

    WTF with that Indeud shit Fly?

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  2. ZenProfit

    Fly:

    $FTK moving in the right direction now. Glad I stayed in with you.

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  3. Itchy & Scratchy
    Itchy & Scratchy

    In southern California we don’t say “Indeed” or even “Indeud”.

    The proper expression is “In-dude!”

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  4. CAP

    For the bears, the proper spelling is ‘Imdead’

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  5. wb

    Any reason not to load up on GM puts here? Am I missing something?

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  6. Big Mike

    Not to brag or a kick a man when he is down, but If I were a bear, I would be careful today…

    But when SP500 is up 2% by noon:

    Date % Chg at Noon % Chg Rest of Day
    3/10/09 5.15 1.15
    3/23/09 4.54 2.43
    3/25/09 2.03 -1.05
    4/2/09 3.49 -0.60
    4/9/09 2.54 1.23
    4/29/09 2.04 0.12
    5/4/09 2.03 1.33
    5/26/09 2.09 0.53
    6/1/09 2.58 ?

    Average 0.64

    Compliments to BESPOKE INVESTMENTS…

    I am betting we rally to 300…

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  7. DMG

    Apparently, auto-fellating makes you funnier.

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  8. 4fl3x

    Congrats Master Fly πŸ™‚

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  9. WTF

    Henry-you-Fool,
    Fly is apparently attempting to appear more refined, as in the upper-crust British who spell many words with a “u,” e.g. “flavour,” etc. Two problems with Fly’s thinking—-1. Even the lower class British spell these words this way.
    2. He replaced an “e” with a “u” instead of just adding the “u.”

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  10. jg

    lovely call

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  11. TraderCaddy

    VIX is basically unchanged.
    Meaning what?

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  12. Bring forth the Rally Monkey – let him sing/screech!

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  13. asshole dip buyer
    asshole dip buyer

    Fly is printing fiat currency again

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  14. Cash-N-Guns

    Fuck GM…and every asshat associated with the UAW..fucking pathetic,mentally retarded jackass’s…oops your GM stock is worth Fucking Zero..well done GM and UAW idiots.

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  15. Itchy & Scratchy
    Itchy & Scratchy

    Fly,

    I’m impressed. Well done.

    I was skeptical of your “thesis change” moment at first, even though you’ve been right on other calls. But over time, you’ve made a believer out of me with your space-alien magician eval knieval dinosaur jumping ways.

    If not for you, I would have been shorting the top of this bear market rally like a mad man. Thanks for the crumbs off your godly table. I’m banking coin today largely because of your table-pounding.

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  16. DEVILDOG

    Bought 24K shares FAZ @ $4.32.

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  17. TraderCaddy

    DD- I bought some SKF for a daytrade at 39.31.
    But I am embarrassed to say how many shares since these 2X and 3X etfs scare the crap out of me.
    No XLF or KRE available to short per the broker man.

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  18. j

    yea good work fly.

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  19. Taco

    I’m up quite a bit in my GLW. Gracias FLY amigo.

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  20. Anthony Brown

    Good play! You nailed it…again!

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  21. newbiewannamakemoney
    newbiewannamakemoney

    My GLW order did not fill before. Is it too late to get in GLW now? I am waiting for a dip. GME is on fire.

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  22. braveflaps

    GM now 72% government owned, with the UAW holding a good chunk, too.

    Volt = Yugo

    At 10x the cost

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  23. Henry Fool

    Being up egregiously like the Fly, I see no real reason to do anything here other than watch my account print money. Those short this market must be mighty uncomfortable with all the stocks blowing through resistance levels like a hot knife through butter. The market seems more than determined to go higher and really blow it’s top!!

    Giddy up!

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  24. Henry Fool

    CROX about to go up 30% on day squeeze

    20 more % from here 3.15

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  25. Maelstrom

    Bought JBLU,UTIW,BARE,added to ME, watching RT,Bought and sold OC (amazing inter day action.. USG, IP, too)

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  26. Henry Fool

    GU may be Explosivo here

    I’m all Gushaned up.

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  27. blue

    Henry Fool Says:

    Being up egregiously like the Fly, I see no real reason to do anything here other than watch my account print money. Those short this market must be mighty uncomfortable with all the stocks blowing through resistance levels like a hot knife through butter. The market seems more than determined to go higher and really blow it’s top!!

    Giddy up!

    You should see the PPT analysis

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  28. Juice

    The stock market is like The Fly’s own personal ATM machine. He withdraws money whenever he’s in the mood.

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  29. 2's 10's 30

    nothing to see people…move along.

    I was long 1000 shares of TMV from 83 (fri)
    Short 2000 shares of TMF $41.25 (fri)

    Im bankin coin today

    This might be the easiest trade of the yeat. not ness. TMV and TMF, but shorting tres, for sure.

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  30. Henry Fool

    If CROX hits 3.25 then you get $3.75-$4

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  31. TraderCaddy

    Homies (PHM,RYL) now negative for the day and DHI,LEN about to follow.
    XHB may be a good short (if available) and if the general market heads south.

    VIX is still stuck on stupid.
    Shouldn’t it be declining with this rally?

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  32. Henry, any left in a Fly pick from the past – MVIS?

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  33. 3B

    VIX is still stuck on stupid…

    protection buyers

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  34. TraderCaddy

    They should have put MVIS in the DJIA.
    TRV and CSCO have nothing on MVIS.
    Lost opportunity for the Big Board.

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  35. alphadawgg

    Life is good when you’re spot on, indeud. Nice call!

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  36. The ^DJT is the leader in this market – let the transports point the way …..up so far – why try picking some short when its a roaring bull here?

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  37. lindsay

    Fly- many thanks re GLW and AUO (and CREE)

    and Henry, thanks for MWA

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  38. Henry Fool

    Lindsay

    Must have been some other Fool I don’t know MWA

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  39. charlie

    Buying CROX, GU, WYNN, FNSR, DXO, right here

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  40. Henry Fool

    Buy stop on CROX @ 2.19 for 25,000

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  41. Rubber

    Fly I lost track which stock you still holding, are you still holding LVLT, FTK,…

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  42. Henry Fool

    Wow this is fun Fly! Thanks for bringing us together!

    Dear Mr. Fantasy, play us a tune
    Something to make us all happy
    Do anything to take us out of this blue
    Sing a song, play guitar, make it snappy

    You are the one who can make us all glad
    But doing that, you break down in tears
    Please don’t be sad, if it was a straight life you had
    We wouldn’t have known you all these years

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  43. JakeGint

    A dillar, a dollar,

    A two o’clock scholar,

    why do you post so soon?

    You used to post at ten o’clock,

    And now, two hours past noon!

    ____________

    Henry, did you get shaken out of that IMGN?

    _________

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  44. Henry Fool

    No I’m rockin the IMGN to new highs!!!

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  45. Henry Fool

    Is the DOW going to be 500 point by the end of the day?

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  46. Janez

    comments removed.

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