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
23,436 Blog Posts

SANTA STRIKES BACK!

Almost broken, Santa Claus regained the initiative today, hammering out the shorts, like pizza dough, into submission on no news. You can make believe there was news; but in reality, this was Santa Claus in action. May the brains pasted on the bottom of the blades of his sleigh stain the pavement in memory of those who needed to be sacrificed today.

My largest positions shot higher today; but I need more. While it’s true, The PPT‘s “3 tier system” ended up a winner again, long TNA from $42-43 with 1/3rd of my capital invested.  I need more.

Here are some levels for you to become familiar with, as it pertains to the belligerency of my insults.

LULU @ $50

DECK @ $104

WNR @ $17

RBCN $10

EXK @$10.25

DVR @$2.45

GMXR @ $1.65

MDR @ $11

GSVC @$20

Those are not my costs for the aforementioned stocks, but price targets. We all have numbers running through our minds, some more than others. While I calculate digits in my head at a highly proficient rate, you eat “cheeze” doodles like a fucking dog.

At any rate, the rally was plentiful and today’s gains helped. Nevertheless, I remain strapped into my car made from dynamite sticks, pedal to the metal, heading straight for the fucking sun.

 

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37 comments

  1. Scott Bleier

    Not Santa. It’s that Jewish Holiday with the candles…

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  2. jimmy_two_times

    thankfully I didnt roll over to get some cheeze doodles !!

    this has been a tough month and year …

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  3. Bill

    Fly,

    When you are valuing a stock, what are the most important metrics you look at it?

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    • The Fly

      ROE

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    • Quint

      In this market it’s the 20-day SMA!

      Computers can’t read a 10k.

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      • surplusdroids

        No, but some do attempt to “estimate” P/E and other value investing ratios into algorithms.

        It all depends on the software.

        Definitely can’t read a 10k though….in real time. Or near real time.

        Headlines from news feeds? Some can.
        And take it into account for trading.

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      • Steak

        Our (read: STT) quants combine both fundamental and quantitative data into algos/HFT rules.

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  4. pedro

    GSVC an absolute dog today. No interest, whatsoever.

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  5. drummerboy

    your cheeezin me out on exk.

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  6. drummerboy

    dmnd bummed me too. you see the short interest on that.it’s a sqeeeze wet dream only a mother sqweezer would love.

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  7. walktothecabin

    You should always give your gorilla plenty of cocaine

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  8. Jay

    Fly,

    You are up and down like the market. You can always tell what the market is doing by what you write. Why is it that I am up just shy of 28% for the year trading options. You are wasting my time with your fly buys.

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    • walktothecabin

      Dude,

      Fly is fly.

      Dude

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    • moolahheaven

      holy SHITE! Whats the world coming to? I thought for sure Lord ‘Fly’ would ban you for that comment… Santa’s sleigh blades rolled over bears necks today – rt over the carotid artery. Bloomberg said the obsurd rally was due partially to the ‘Spanish bond auction’ sucess. ummmm, yeah… I love how these ‘experts’ always come up with a reason AFTER the fact to explain what they never said was coming in the first place. Dear Bloomberg: we are only interested in FUTURE predictions, not your babbling drivel over what’s already transpired. The only question we care about is will this rally continue tmrw or not?

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    • LVS-666

      Knock Knock buddy

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  9. Fly's Real Male Yoga Instructor
    Fly's Real Male Yoga Instructor

    I snapped a picture of the Fly while he was out shopping at the mall, seems he practices what he preaches – nice boots:

    http://easyloungin.com/forum/topic.php?bb_attachments=47360&bbat=3367&inline

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  10. dave

    I guess all that money sitting on the sidelines likes to jump in and score even before the game starts. What a fucking sham.

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  11. Yabollox

    a person could sell a lot of shit balancing out winners/losers before calendar year end.

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  12. Quint

    Hanukkah Hank to the rescue I think.

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  13. razorsedge

    tza,vxx…just now, for a trade.

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  14. Cheesefries

    Sarah Palin and Ron Paul yesterday… good stuff

    http://runronpaul.com/interviews/ron-paul-sarah-palin-on-freedom-watch-agree-on-most-everything/

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  15. kidstock

    Another successful “Fly Bottom” call…well played Sir.

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  16. xxxHuggieBearxxx

    Well fuck.

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  17. hitter

    Fly, have you talked JG on EXK target?

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  18. razorsedge

    after listening about the back door bazooka, sold tza, kept vxx

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  19. SteveTheNeighbor

    And a Happy Hanukkah to all at iBC. Neighbor Fly- Mrs. Steve will be over with some potato latkes, brisket, and rugalach for the Fly family. Feel free to give some to your illegal Mexican gardeners.
    And Happy Birthday to Mrs. Fly.

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  20. PositvePsych

    Roof Roof Roof!!!

    Sincerely,

    fucking dog

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  21. Bleached Asshole

    I do believe the burlap caped weasels had their eyebrows singed today!

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  22. Damon

    A good day to short PCLN? lol.

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  23. Damon

    Mad Money’s Cramer put YUM in the “John Roque Pretty Girls” group, but then said it was a great stock to hold.

    He smacked down hard on PCLN, and it is down $2+ in A.H. since the broadcast.

    He also lumped DECK in there, but didn’t spend any time on it.

    Too many freaking variables to have a safe trade these days.

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  24. Yabollox

    There’s never been a safe trade, except in hindsight.

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    • skyfish

      In 1624, Manhattan was bought from the local Indians for a mere $24 worth of beads and trinkets.

      That seems like a pretty good “trade”…even BEFORE the benefit of “hindsight.”

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  25. Edwin

    The most oversold sector is the miners. Check it out…$BPGDM:GDX.

    Also check out UUP’s CCI,

    I bought miners with both hands today.

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    • skyfish

      Absolutely could NOT agree more! Been building a position in NUGT. Will continue to do so on any dips!

      Did NOT add today. fwiw

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  26. yesman

    yesterday pump — today dump

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