It’s Always Interesting

Everything was going smoothly until a fucking IED detonated besides my hedonistic stretch limousine, sending “The Fly” vertical with his head on fire.

One of my larger holdings, GSVC, announced an offering of $100 million, in order to raise the stakes—using proceeds for private equity investments. For me, the story just got better, despite the dilution. This is to be expected. However, I did not anticipate an offering so soon. However, on the other hand, looking at the private equity boom, why wait? Obviously management is okay with taking a little short term pain for long term elation.

This doesn’t really set me back too much. Actually, I started buying GSVC in the $16’s. On this news, I added to my position and will be adding more, after I speak with management, providing they say the right things.

Aside from that, everything else is going swimmingly. This hiccup should serve as a reminder to stay diversified at all times. While this is blowing up, I have VCLK, GORO, CRZO, ANR and FORM shooting higher, not to mention my new position DECK performing admirably.

In short, yes, I still love GSVC because I am a greedy bastard and this is the best way to play the booming private equity market. Mike Moe knows his shit and I trust they will invest the money wisely.

UPDATE: I added to GSVC sub $17.

I started a new position in DECK and added to VCLK.

UPDATE: I added to GSVC sub $18 on the $100 mill offering news. Like I said in The PPT, this raises the stakes for GSVC and makes the model substantial. Longer term, this is a huge plus for the company, providing they invest wisely.

Disclaimer: If you buy the above stocks because of this post, the next time you crave a bowl of cereal, there will no milk in the refrigerator. And, you may lose money.

There is nothing for you to see here, other than “The Fly” SHOMPing around, playing the market with laser to your eyeball type of precision. I am long a variety of stocks, all making up just 50% of my assets. Into this rally, I intend to swap out of one holdings, in favor of another. It keeps the blood flowing and the energy peaking.

Playing the OVERSOLD/OVERBOUGHT ranges is the most important aspect of trading right now. Reason being: for the most part, all stocks move in a convoy. One down days, 80-90% of stocks trade lower and vice versa. The key to success is to know when to buy and sell. That’s called SHOMPing, something a person of your ilk and cabin class status may not be familiar with.

I have my top hat on and white gloves fitted onto my work free hands, cordially banking coin without regards for recessions or Chinese ghost cities. None of that shit means anything to me.

Back to SHOMPing.

I will tell you what I have done. Monster winners in WNR, CVI and GSVC, with soon to be monstrous victories pending in GORO, VCLK, ANR and GSS.

I banked coin today and my aura is so electric it destroys the Amish people where they stand, whenever I am around them of course.

I will be on my way back to NYC tonight, after viewing Harry Potter and shit.

More on this later.

I added to my GORO position.

Disclaimer: If you buy GORO because of this post, Obama will get reelected. And, you may lose money.

As the necromancers conduct high level sorcery on Wall Street, it’s important that you place your chips where they are immune to such barbarity. For thousands of years, people used gold as money because way back in the days aliens from outerspace made them mine that shit in Africa, in order to fix alien ozone. Since then, the slave races aka humans, coveted gold and used it for trade.

Well, today there is a crisis of confidence in all paper money, due to the fact that the biggest economies are printing too much of it. The books are not balanced and people fear inflation. Hence, the slaves aka us have taken hold of the golden metal again, for safety and security.

There are many stocks for you to choose from. However, my favorites are GSS and GORO. Our resident gold bug, Senator Gint has deserted you for greener pastures. He is up in the mountains playing with blueberry bushes and mosquitoes, while “The Fly” caters to you, gifting you with magnificent advice from the Gods. Always remember that when the going got tough, Master Chef Fly was there to assist you, unlike the Senator (CH).

As an aside, I mentioned in The PPT last week that when ZSL got OVERSOLD it tends to drop hard and fast. Well, the score is still above extreme OS levels. However, if it should drop to 1.17, silver will rip tits to the upside. The track record is 18 down and 0 up for ZSL, when the score is 1.17 or below.

Thus far, I am immune to today’s sell off, as most of my positions are higher. I am delighted to see WNR trade lower, as I intend to buy a great deal soon. I am 50% cash and up 0.25% today, despite a 140 point decline.

The futures are lying to you, indicating a lower open. I have information from the highest sources that necromancers are conducting dark magic scorcery in order to trick people into believing the market is going to trade lower. It is equal to believing in mirages of clean fresh water in the middle of the Sahara, when in fact you are drinking sand and eating scorpions.

I also have it on authority that the entire CDS market is one elaborate hoax, in an effort to deceive people into giving up their companies or countries for pennies on the dollar. It’s the oldest trick in the book, almost as old as the subway chain snatch.

Thus far, my stay in Amish country is as expected. I’ve managed to escape three ambushes and 15 separate and unrelated assaults. There are buggies strewn all over the dirt roads here, including deader than dead horses and goats.

I intend to make coin in the market tomorrow. My year to date gains are in the ballpark of 15-16%. I need to get long refiners before earnings. I am not amused by their lack of pullback and consider my plight equal to running out of oxygen in a space craft near UDFy-38135539. Believe you me, NOT FUN.

Until tomorrow, be well and, as always, try to avoid those murderholes.

Let’s just assume the entire country of China is exactly like their RTO’s, woefully represented in our markets.

This market is so fucking stupid; we’ll likely melt up on American default news. People will say “oh, it’s baked in and now QE3 is all but a foregone conclusion,” then proceed to leverage up on silver stocks. You can’t call yourself a serious man and be short this market. It’s either you are a fucking clown and short, or not giving a fuck about life in general, long on the most horrendous news ever.

You know where I stand.

On the eyes of the Gods, I shall see GORO, GSVC, ANR, VCLK, GSS and CRZO higher. I will play this rally like a harpoon plays weak ass fish.

For the weekend, Mrs. Fly has arranged for more hotel living. I will be venturing out into the heart of PA, in order to make great fun of their way of living. They all drive beaten down Fords and live life, as was intended in the 19th century style. I will teach them what they need to be taught, AND MORE.

To clarify my position on GSVC: it is rather large and I intend to buy more. I feel the stock can go to $24 near term and multiples higher longer term, providing they maintain shrewd investment practices. The wonderful thing about the stock market is the amount of opportunities available on any given day. If you are down in your investments, do not beat yourself up about it. Look at things pragmatically and make wise decisions, instead of emotional ones. I never try to hit home runs; I just fucking hit them.

I like stocks here, despite the cock-gobblers in Congress electing to purposely destroy this country. It’s like we are in a car with a crazed drunk driver, doing 150mph, on the wrong side of a tunnel, frantically laughing along the way. You just have to ask yourself, “how long will this fat nation accept such a mad driver?”

Nevertheless, I bought a lot of VCLK and CRZO today. I like VCLK off the GOOG numbers and CRZO off the HK acquisition. Additionally, I am adding to all of my positions here, until my exposure is up to about half. So I will sit in 50% cash until Congress ruins our credit rating, in order to allocate the rest of my money at that special moment in time.

I still like gold and have now relieved the Great Senator from Kentucky (CH) of his gold throne. Since he is playing with the mosquitos somewhere in the undeveloped Northeast corridor of the United States, he is likely without internet access. In other words, his internet penis has been chopped off and tossed into a garbage compactor. The gold trade is now mine and I like GSS and GORO.

In closing, I feel like buying today, even though we’ve reversed lower and seem to be dive bombing into a factory filled with large samovars containing highly volatile nitroglycerin.

Ask me if I give a fuck.