Flotek management meets with institutional investors tomorrow, 7:30am, at the NYSE. I suspect the shares have been spiraling higher in anticipation of God himself upgrading the shares to an “Apocalyptic Buy.” As said inside of The PPT, I’ve been selling into this surge. As a matter of fact, I’ve been selling considerable size and it has not stopped the stock from making new highs. How many shares have I sold so far? Sorry, that’s for members only.
Private equity rumors are swirling around JCG. I believe them and I think consolidation will continue. After all, if you are a large corporation with “fuck you bucks,” what else will you do with your billions? Treasuries? Fuck that. Go buy retail chains, who have decent balance sheets and vast portfolios of property, then lever that shit up and pay yourself a big fat dividend. That’s America, pal. Like it or not, this shit will continue.
In this type of tape, you just need to discard reason and let the testosterone guide you. If you overthink your trades, you’re gonna be shining my shoes. Should my PSUN trade lower tomorrow, Greeks will buy more and the shares will recover. Also, I am now saddled with a very large cash position and have no place to put it. Things are humming along at a brisk pace.
Going into year end, I’m interested in buying beaten down commodity names, with large short positions, readying to ramp.
PPT members, here is your screen.
Some names worth a look:
REXX, CRK, AKS, ATPG, CENX, JAG
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iBC Dictionary Nomination: FTK: For The Kill
Also, FIG!
Yeah baby yeah!
Fly,
I bought some GAP and YRCW for the potential of a short squeeze what do you think???
I still hold a VXX position thats 60% down but wont sell just in case the crash comes.
I have made up for the loss in VXX with SIRI bought @ .99 sold @ 1.52 Rebought 1.29 and still holding.
I think those are idiot stocks.
i can’t help but laughing here. what a style.
Gracias senior FLY for being the master maybe one day the student can become the teacher.
NOT!!
I wish I bought FTK but that is why you are the master.
‘hopper
Not what you wanted to hear, but a thank you would be in order.
Many would not give you their opinion and let you loose more of your $.
Poor Fly. He has to bring a wheelbarrow with him everywhere he goes now –
to wheel his balls around with after his FTK win.
side rant
ATLANTA (AP) — The nation’s airport security chief pleaded with Thanksgiving travelers for understanding and urged them not to boycott full-body scans on Wednesday, lest their protest snarl what is already one of the busiest, most stressful flying days of the year.
Transportation Security Administration chief John Pistole said Monday that such delaying actions would only “tie up people who want to go home and see their loved ones.”
“We all wish we lived in a world where security procedures at airports weren’t necessary,” he said, “but that just isn’t the case.”
At the airport near me, for years at a cost of millions, they’ve had police shuing away cars with people trying pick up their relatives from arriving flights. The “thinking” was that some one might blow up the terminal. BUT, you could park your fertilizer laden truck just 50’ away any time you wanted to.
Now, just like that, the police have dissapeared. No more double and triple-time pay for them as they inconvenience thousands. Fucking morons running us.
make that “lose” more of your $
Fuck Atlanta. Fuck it hard with a credit card.
Thanks a fucking lot Fly….you have me watching Glen Beck. I now tivo that shit.
Off to work on my Food Storage plans.
JCP not helping futures… yet
sorry meant JCG
No one cares about the future. We live in the present.
Good point.
AKS really likes thanksgiving. This is week is almost always good to it.
AKS is good, also check out STLD. Great setup.
STLD looks better than AKS, but SHLO looks better than better than both. No position in any of those, but I was short AKS earlier this year.
Eh…I don’t think “the market” cares whether a J Crew gets bought or not. That’s a sector specific event.
M&A spirits help the overall market, Mr. “Fingers.”
__________
Came this close to buying JAG today …..
Young Boy Strip Searched by TSA, the cartoon version.
http://youtu.be/_ZSMJUJkiAY
Copy/Paste the above link into your browser.
In time you will accept you new overlords. This will be ancient history By the New Year.
Stole that for my blog… many thanks, it was just too funny.
The hand motions got me…
________
I’m going shopping.
always liked KSS so why the fuck not, its the holiday season. Also like TGT this year, I bet some of the new poe people will shop at Target for the first time this year. (ie. Single mommies can’t hook on craigslist anymore, unemployment and what-not.) Eat at PNRA. Happy holidays!
Quit shopping at middle class havens. Step your game up, pal.
I’ll be shopping at TGT until THQI or DOLE make me some moe money.
TGT, middle class? WTF r u talking about. There’s just the 2 % hoogotevrything and thosewhoserve. Welcome to the new paradigm lozer.
So much for the Turkey gods.
North Korea is drilling the South with Artillery. Futures down hard
WAR SWAN!
And The South is responding … Ut Ohhhh ………
Merwin say pooth to your turkey rawee…
Stocks should go up this week; precisely the reason they will go down. Your (pick one: community leader, boss, religious leader) heartily protests the gays lifestyle; precisely the reason he/she has a gay lover. Your president says we must do something to control our debt; precisely the reason we must spend more.
When VIX printed 18.04
All were “Volatility bye-bye”
Black swans no more?
So wrong, Mr. Fly
Mix in a little Irish Stew and Korean Cuisine in with your Thanksgiving dinner just to spice things up!
It’s going to be a kim chee stuffed turkey this year but first I will have to dig it out where it is buried in the ground.
If their is a full scale war will the LPGA have to fold when 80% of the players are called back to the homeland?
PSUN gets an Oppenheimer ratings change to outperform and a price target raise from $4.75 » $7.50.