Rebalance Magic
Keep betting against me, pikers, see where it gets you. I insist, cease offering “The Fly” financial advice, whether it be via comments or asshole emails. For the most part, I delete all incoming emails, prior to even looking at them. Every once in awhile, I may bless one with a 10 letter reply. Quit wasting my fucking time; it’s worth more than yours.
For the day, I enjoyed toying with stocks, as assholes stuck to marching orders were forced to buy/sell certain stocks, according to rebalancing mantras, like dogs. I enjoyed HUGE rips in Trident Microsystems, Inc. (TRID: 1.60 0.00%) and (ENTR: 4.62 0.00%) . while seeing this Finisar Corporation (FNSR: 14.81 0.00%) character of a stock get tossed off the trampoline into a spiked bed.
All in all, it was a good day, with the bears, clearly, on the run. Going into next week, I will continue to reduce my exposure to low priced stocks, in exchange for companies that actually do business and conduct themselves with honor. I hate to say it, but 90% of you clown rapees are getting involved with a side of the market (micro-cap) that you do not fully understand. They should not take up more than 25% of your holdings.
Off to see about a vacation.
UPDATE: For the day, I was up 1.12%.
No mention of your grand failure? Come on, gimme a booyah if you’re going to be like that.
what failure?
FTK was flat. Fuck off bozo.
I can’t figure out how to login to wordpress to publish a PEEG post. There used to be a log in and sign up link from the PEEG page but I don’t see it any more.
Cave
We need to fix that. For now, click on edit of one of your posts.
or, click “log in” placed on bottom.
Thank you sir. I will try that. Also are the voting stars coming back for the PEEG posts? I hope so.
yes
Have a good weekend/vacation Fly! adios.
Thanks for the offer Fly. I’m going to think about it this weekend. Have a good one
Don’t think too hard, for I might change my mind.
That was pretty crazy the last 20 mins.
ENTR CROX FTK TRID all spike while FNSR employees work some cliff magic.
FNSR+ FTK up 9% afterhours.
I wonder if that FNSR story is real.
what the heck happened to FTK at the close? HUGE volume? Fly are you gonna dump it next week since it is a low priced stock?
FIG dammit
oh it was the delete from the russell on FTK that brought that volume………
what FNSR story? thought of getting into it and FTK in AH. Admittedly, i don’t know what the fuck i’m doing though…
Vacation?
Good idea. Let’s do the water parks like last year neigbor.
game been good to me:
http://www.youtube.com/watch?v=9MRIwnGcbWk
Vegas baby, Vegas!
Off to experience this fantastic recession first hand…
I can only hope they’re giving out free upgrades to the penthouse suite in the same way they throw those damn escort ad cards at you.
Congratulations Fly on the new site.
Eddie Haskell wanted to infect it with spyware but we stopped him.
russell rebalance list is here: http://www.russell.com/indexes/membership/Reconstitution/Reconstitution_changes.aspx
some kind soul posted that on stocktwits during the day.
oh and michael only tried but never succeeded in buying the elephant man’s remains. I just wanted to clear that up before you vampires start talking ill of the boy.
Good day ova heah. Big gains in SONC, DRYS and UNG. Prepare for the coming cane of death heading through Mexico tonight!
Payne Stewarts son Aaron is playing in the North South Open on Pinehurst #2 this Tuesday. Mike Hicks, Paynes caddie in the 99′ open will be on Aaron’s bag.
ESPN piece on Payne Stewart’ son:
http://espn.go.com/video/clip?id=4275791
Love the new look. What’s up with the “Newer Comments” button that doesn’t seem to do anything?
Hello cheesesfries.
Nice ESPN piece although I am not sure he was worthy golfwise to get in the field, he is a nice kid and there are worse golfers who probably got in.
My son will be missing the tournament this year, otherwise I would give you a call.
He is wrapping up his MBA this summer and will turn pro after the US Amateur in August.
Look for Morgan Hoffman,Zach Sucher,Peter Uhilen (Dad is head of Titleist), or Tyson Alexander (Dad is UF coach and was in US Open) to get to the top of the match play.
I would like to see Robert Rieson do well (a local, you may know him). Super nice kid who had a bit of a rough senior playing year.
Did Theisman really just recommend SKF? Where the fuck does CNBC get off getting a dumb jock on there telling Joe6Pack where to throw his money?
Christ, we might as well poll the local high school football coaches about their favorite ETFs.
what up with FNSR?
you gotta love these stocks that drop down the elevator shaft without any news. it’s beyond me…..a penny stock and 67 million shares traded today……
if anyone knows WTF is up, call me….. just kidding, report back here, on the new site. Pikers and Little Trollops and Trollips alike….
BTW or (by the way) it is fucking hot outside………………………geezzzzz……………………
Woodshedder: They fucking put nails on there, might as well put all the fucking idiots on there.
In other thoughts, if you work for Maxim group you have leeches for brains which are sucking blood from all of your vital organs. I can only come to this conclusion after reading some of your “research releases”.
LOFL @ Maxim.
They’re the guys from “Boiler Room” you didn’t know?
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Re- Theisman, you’ve seen my avatar so you know I hate him. Still, he’s about 18.6x smarter than Dykstra, so why not?
(relativity — my dog is 17.7 x smarter than Dykstra… Theisman did not go to ND on his SAT scores*)
(okay, so he was an Academic All American, fuck him anyway.)
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Woodshedder: the least CNBC could do is split-screen Theisman’s SKF recc with the MNF LT tackle in slow motion, just to wake the viewers out of their “accepting” reverie…
JakeGint: nice Boiler Room reference. Probably not a bad time to watch that lovely piece of celluloid again, what with this mkt’s recent microcap frenzy…
New site looks good!
Did pretty good this week. Some swings panned out and I took my $ and ran. AVAV ACET USU..still holding( in the money ) MMR OLN CNO HOGS EXH ..out of the $ AA and XIDE . Have a good weekend all
Test
TheArtist- FNSR was on the preliminary Russell list for removal from the Index.
Indeuuuuuuuuud.
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the flyster, great looking new website—you are awesome man!
Fly, I was out of town for a few days, the new site is a huge upgrade and looks great man. Congrats…….piker.
The new and improved site is amazing. Thank you for everything, Fly, Jeremy, everyone from ibankcoin. Fly, now your bullish bearish twitter vote meter is 50/50 thanks to me. Good luck with your savage contrarian bets.
congratz!
Fly needs hits, we are the hits. No hits no site.
Fly’s investment prognostications are below average. You need us.
Fly is a follower of trends, and gets steamrolled as much as anyone by bad guesses. Either pretends to have bigger bets than most, or is less intelligent than most, or has riverboat fever.
Has a huge dumbed down flock that gets uncomfortable when he loses. Why be so nice when it’s never returned.
Stock in trade…much foul language, publicizing ballsy bets (probably exaggerated), confessing big losses, peacocking little gains, bashing average joe reader.
Minor player much elevated by hype.
.
Geez, I wonder what douchebag’s agenda might be?
Oh, and Toenail? The term is “vice versa”, not “visa” versa.
Now take your overdrawn plastic blues and your shinebox on outta heah.
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I need you dick suckers like I need a hole in my scrotum. Fuck off.
Up 65% for the year, following +60% last year is soooo below average. Keep betting against me, I need the tinder.
anyone else read/reading “the snowball” about warren buffet? Pretty good read, I’m about 1/3 through it
HC (Horatio Clawdick),
why don’t you auto-block IPs from losers who make posts like that?
If I were to guess, perhaps allowing a dissenting minority adds a little spice to the site that one doesn’t find on many other premiere financial sites. Even the douchebags help make this a better place.
PS: Check out the sweet youtube vid I sent you on facebook. nice new profile pic lol!
Hammy:
“The Snowball”, on last 100 pages, will be finishing it this weekend after a 4 week journey. Wait until you get to the part about how he lost . . . . .nah, I don’t want to ruin it for you.
He reminds me of Dustin Hoffman in “Rainman”. Take away the money, and all you have left is a 14 year old who won’t eat anything other than Cherry Coke and hamburgers, is socially inept and studies the Wall Street Journal front to back every day.
That’s very funny Steve.
Does anyone know if 6 flags still going strong. Used to take the kids there in the summer. Never seen so many fat people in on place without enough clothes on.
With all the fuckery going on sometimes it seems personal.
Hammy:
How’s this for timely?
http://online.wsj.com/article/SB10001424052970204621904574246440378843148.html
A Buffett Turns to Farming in Africa
That Alexander vid is priceless.
Especially the butchering the mutineers part.
What I don’t get is Hollywood casting decisions. Brad Pitt as Achilles in that disappointing Troy movie was stupid enough, but drunken sot Colin Farrell as Alexander the Great??
That decision alone (not to mention A. Jolie as his mother– whaaaat?) was enough to keep that movie even off my Netflix list.
[Aside: Farrell, on the other hand, was perfect for his role in In Bruges, which I highly recommend if you have yet seen. Not arguing about his acting chops, just the casting decision.]
Thanks God for such boons as 300, or the interest in classical studies and history in this country would drop to flatline.
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“I may bless one with ten letter reply”.
Fly, I think you meant : I may bless one with a ‘ten word’ reply. Unless of course contractions like “it’s” count as two. But then, who really cares anyway? Except maybe picky pedants obsessed with the details. Like me.
One’s jaw drops with amazement when one digs into the underlying beliefs of “environmentalists.”
Largely, they don’t really give a shasta about people, and think only that there should be fewer of them — think Ebenezer’s quote about “lessening the surplus population” for their underlying meme.
But maybe it’s just rank stupidity and lack of consideration? It appears that was not so young Howard Buffet’s problem when he stumbled upon this revelation at the ripe old age of 50+ (hat tip to Zen’s article):
He traces his interest in fighting global hunger to his hobby taking photographs on those business trips in Africa. As he was photographing migrating wildebeest and zebra in 2000 from a rickety plane, trying to position his camera for a picture, he saw scars on the ground where poor farmers had used fire to clear desperately needed land. Mr. Buffett realized that he couldn’t protect Africa’s environment without first fighting its food shortage.
“I’m watching this thinking, ‘They are going to destroy the last forest,’†Mr. Buffett later recalled. “It was an epiphany for me: The hungry can’t worry about conservation. I realized you can’t save the environment unless you give people a chance to feed themselves better.â€
Haaaaaaaaaaaaaaaalleujah!
(Hey listen, at least he’s one that “got it” right? The jackasses that burdened this country’s poor with that carbon tax yesterday surely do not.)
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Hammy,
Finished Snowball a couple of months ago. Definitely a great read whether or not you worship Buffet.
Quick post — Pay attention to your charts.
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Great new look. Enjoy your vacation/break whatever!!
Where’s my grrravatar bitchez!
iBC is up for reelections.
http://www.theglobeandmail.com/globe-investor/investment-ideas/the-best-of-the-money-blogs/article1196635/
The Fly will be pissed if he doesn’t win again this year.
“Squawkfox”, whatever that is, is ahead by almost 100 votes as of now.
Remember, you can download free “Hide my IP” trial software [google it) and vote from MANY different IPs. [I voted 36 times for iBC last year!]
now that was a fun voting experience! no need to deliberate for once.
what a great week it’s been for you. almost makes you want to thank V for spilling the gravy.
I voted for you Fly, but only because I didn’t see thestreet.com among the choices.
We voted for you. Lumpy voted for you. Wally and the Beav voted for you. And Eddie Haskell voted for you six times. I guess that is all of the votes you have received so far.
We will make sure the people at the Mayfield Church vote for you tomorrow.
Scum gets the win for the weekend with the Total Recall gravatar.
Hi-larity.
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Scum gets the win for the weekend with the Total Recall gravatar.
Open your mind bitchez.