Who would have known LULU would up their guidance and send the stock forklifting higher by 6 points this morning? The good men over at Goldman, who upgraded LULU the other day, must be besides themselves with pure joy. Unfortunate to my position, I am without shares of LULU this morning (sad face). However, I am blithe nonetheless.
Like I’ve said to you before, stocks are not personal with me. They are simply a means to an end. In my case, that end is the completion of a Space Orbital Cannon (SOC), whereby I will be able to singularly destroy whole city blocks with one button. To you, the stock market might pay for cheese or bread. We all come here to play the game and to win. Some of us win more than others and that is simply a side effect of a greater story to be told. But we will not sour the mood with DNA comparisons on this joyous morning.
Back to LULU. The excitement in the shares today will spill over into other beaten down retailers, such as FOSL and DECK–just to name two. But the revelry, if I might use that word liberally, is not to be contained to just LULU and other haggard retailers. There is a greater theme at play here, being purposefully executed by the world’s finest men, undoubtedly wearing top hats and white gloves. It is the NFLX squeeze on a grande scale. This is a very simple trade for you to understand, even a young man from 0hio can figure out its meaning.
I want you to research heavily shorted stocks that are down more than 20% over the past six months, whose shares are now climbing–threatening to seize the bears by the heart and squeeze it like a Grand Noir de la Calmette.
Once again, I will seemingly bail you out and provide you with a list to choose from. I do not wish to be thanked in advance, just remembered for eternity.
NFLX, OPEN, FSLR, KBH, TSL, WNR, TWI, CIEN, GMCR, VECO, SFLY, CRM, JEF, BGC, FSL, CREE, STP and WHR.
Being half in/half out of the market, I am in a good position to buy one of the aforementioned names, maybe even two. But that all depends on the price action of the market and if it looks strong enough to continue after today. This may very well be the last day of the spectacular 2012 rally. Or, maybe it is something that can be extended through sorcery. Either way, we will figure it out and profit from the demise of those willing to oppose us.
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Fly – did you double your LULU yoga pants order without you telling me?
great work and conviction on lulu
really like GMCR and CREE here
Project MILF is nearly complete – the surprise deballing of all those who are short yoga and spandex.
GMCR HOD THANK ME
Some sorcery and belligerence with regards to VECO would be great, I’d appreciate a RBCN style happy ending.
Half in, half out. Reminds of the fastest two-handed game in the world.
At least I kept a little dab of LULU.
You pikers take note. The Fly predicted things would reverse mid-month weeks ago. It takes guts to make predictions like that. I greatly admire Fly for doing it.
There is no need to call them pikers.
government says 3 out of 4 woman are battered, i prefer mine plain…
BAC looking squeezy again
NEW HIGHS GMCR NOT WAITING FOR U
RBCN looks like a good short all of the sudden.
fly-gmxr -you said you would tell the rest of the story-the stock is down the preferreds trade at 12-what am i missing.thanks.
Who would have known LULU would up their guidance and send the stock forklifting higher by 6 points this morning?
uh, the ppt?