“Doctor, Doctor, what should we do?”
“Let him bleed out until he is dead.”
If you are heavily long today and incur some losses, try not to lament over it. You’re never going to catch the top. I’ve always made it a point to attempt to snatch the juicy middle. The rest of you bag manufacturers can pick away at the edges. Providing you are a half-way competent investor, you’re likely up around 15-40% this year. Giving back a mere 1-5% is part of the game, mere child’s play.
However, do not let your hubris get in the way of risk-management, knowing when to take your chips, and hooker, back to the hotel suite.
That’s the last you will read of me lecturing you, warning of the tough times ahead. I’ve done my duty, as a proud citizen of the United Steaks of America. The rest I leave up to the impulses of the unwashed-persona non grata class.
The CPST numbers were very good, in my opinion. You need to discard eps versus expectations and understand the anatomy of a turn around. Ask yourself if these things are present with the company and decide if you should hold onto the shares.
1. Good management
2. Improving margins
3. Accelerating growth
4. Good environment for their products
5. Do they have a technological edge?
Needless to say, I am holding onto my shares and will buy more if they dip.
Aside from that, “The Fly” will be watching the market closely, monitoring his screens– and generally– living life free and with dignity. Looking forward to the weekend, I am taking Mrs. Fly to a newly minted Michelin star restaurant, in order to celebrate valentines day. As you know, only disheveled vagrants, and the lower class, celebrate valentines day on valentines day.
Now I know some of you married men don’t give a fuck about valentines day and opt out of the holiday, mainly because you are selfish ham and eggers. Do the honorable thing and make your wife feel special; buy her a gift and take her to dinner–you fucking barbarians! It’s bad enough she has to put up with your shit all year long. The very least you can do is show a bit of chivalry on just one fucking day of the year. God damn it.
http://www.youtube.com/watch?v=wJWQc_Drrm0
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Was’nt Valentines Day made up by Hallmark?
no one knows
No, but Sweetest Day wan invented by corporations for profit.
http://en.wikipedia.org/wiki/Sweetest_Day
Saint Valentine…
i told her she can wrap any color ribbon she wants, around it.
Does she have very small fingers?
aka mr.woodman to you
Buy the dip….
And bye the wife a present for valentines day!
I’ve said this before, and I’ll say it again.
Greece does not know how to negotiate. They fail to realize that OWING $470 billion Euros to the Eurozone and IMF and the stupid pension funds in Germany and England and
Zurich gives Greece IMMENSE NEGOTIATING POWER.
Greece should shout out “Fuck YOU Eurozone, fuck your bonds, fuck your banks, fuck your Euro and FUCK YOU!
We AIN’T paying one Goddam nickel to you now or EVER! We are NOT gonna make the Greek people slaves spending the next three decades working for slave wages to pay you
worthless bankers and politicians! SCREW YOU ALL!
And we are returning to the Drachma IMMEDIATELY.
Riggedgame; 100% correct. Worst case is a long depression, which is guaranteed anyway if they bow to the EU.
its like your always in my head. “try not to fuck it up” or “stop gambling”. Very new to this game but with the help of PPT and your blog its been a decent start to the year. Not enough to part-take in a 1st Growth red at a Michelin star, rather a 3rd or 4th growth. Thoroughly recommend 2005 Smith Haut Lafitte
I own the 2005 Smith, several bottles. Fine choice.
Fine wine indued, but anticipated maturity is 2015-2030+
The Chateau is even better. Mrs Fly would surely enjoy an evening or two in southern Bordeaux at a French Spa while sampling the delights of their michelin star.
Wine is actually a decent investment, so long as you maintain proper provenance (and there are willing Chinese buyers in the future)
I dare you to call her “pal” at the Michelin restaurant.
Any news on GSVC dropping 22%?
secondary offering
Yeah, they’re fuckers.
Ah, quintuple price roses and a 90 minute wait to sit 4 feet from the next couple ….
Here’s an E Harmony parody:
http://youtu.be/4P2fyYf6VWQ
.
That was funny shit!
Anyone see GSVC this fine morn. Fuck.
lol snap JTU. Didn’t look upthread until I posted.
That move is definitely going to leave a mark.
“If you are heavily long today and incur some losses, try not to lament over it.”
Everybody catches a beating sometime. Just ask Henry Hill.
Another article for the annals of crony capitalism.
Fed Plays Wall Street Favorites in Secret Bond Deals
http://www.bloomberg.com/news/2012-02-10/fed-plays-wall-street-favorites-in-secret-bond-deals-mortgages.html
Hi Fly, or should I say Misses Fly,
Thanks for the lecture about Valentine Day, but I thought Valentine Day was to express your love for each other.
So Fly what do you expect from the Mrs, OWO?
GLTY
clne opens new station in ohio.
No Valentines day celebration until my positions are up.
Spoken like a true missionary.
whats your take on GSVC?
What do you all make of BVSN’s big volatility? Stay away or jump in?
Mvis bout to rip
John Hofmeister is full of shit.
The USA is DROWNING in oil, and being smothered in clouds of fracked natural gas.
Apple will save the day. Look at 0bama’s new election slogan – “An iPad in every pot”. Why not? The govt. is buying cell phone minutes for poor folks.
http://news.yahoo.com/washington-footing-cell-phone-bill-millions-low-income-202500656.html
I’m thinking, Apple-Starbucks-Whole Foods. All great retailers able to sell their shit for huge margins and busy as hell.
Little known trading fact:
If you play Rick Ross while trading options you cannot lose money..
Fly, do you know why GSVC is down so much today?
Someone said higher up in these posts that they did a secondary offering.
Gsvc is doing secondary
hey, what if you are the mrs?
then what?
The Mrs will take you to paradise if you get my meaning since all men, even gentlemen, enjoy such pleasure in life.
Best investment you can make is to do something nice for your sweetheart. Especially at Valentine’s day.
Fly, you adding to CPST at 10% off today?
Not today
Thank-you!
I so dislike AAPL, its like a Beanie Baby held by a 50 year old for value in 2005. Just Sad.
Trade Recommendation: CELG
Aside from the gorgeous long term chart, the fundamentals have a story…..mmm, do your own homework. Thank me later.
Dear Le Fly,
You have honored your wife as the queen she is. My hat’s off to you for your impeccable wisdom on being a husband. I hope the dividends will be substantially gratifying to you.
Your nugget of financial wisdom is also greatly appreciated.