I’d love nothing more than to say “see I told you so. The fucking charts had some pentagram formation, blended with a little trapezoid humour that told me YELP was about to explode.” I don’t rely on technical analysis for any of my trades, although I know people who do it very well. I didn’t know YELP was about to explode by 50% in a week. But I knew, down to the depths of my black soul, that it was going higher.
One my best friends growing up was over for St Patrick’s day dinner and we discussed his account. At the time, believe it or not, I had him in a little VXX (friends shouldn’t let friends invest in VXX). He was eager to make money quickly, mainly due to boredom, so I told him I’d just buy up some YELP because I was absolutely positive it would trade higher at some point in 2012, just like WNR at $12, GMCR @ $25, GSVC @ $12, FTK @$1 etc. What I didn’t know is that the stock would do this, fucking nuts.
Now I haven’t sold any YELP, mainly because it’s not a question of making money anymore, but how much. The way I see it, the stock is going $40 at some point in 2012; I’ve always believed that. Should I miss a short term top, I will buy the dip. It’s that simple.
Granted, I could sell at $31 and reduce myself in a fucking frying pan to pussy sauce. Or, I can man the fuck up and say to myself “Fly, you’re better than those dicksuckers out there. All they do is watch cartoons, play video games and lose at shit. You’ve been trading in and out of stocks like a fucking lunatic fisherman in a dry pond for over a year, taking small gains and living off the dust of the earth. You can either continue this egregious lifestyle of conviction-less investing or sack up and see this one through.”
I really said all of that shit to myself.
So there you have it. You should take profits and go buy some hamburgers, or whatever the fuck you idiots eat for dinner. I, on the other hand, have deiced to leave the office, in search for greener pastures, literally, with regards to a real estate transaction of the personal sort.
Here is some of the early commentary on YELP, inside of the the “user notes” section part of The PPT.
Nicely done
ERY 10.08….9.30 fuck oil, again!
Long $RBY double bottom,insiders buying.
Long $LYSCF Good news out of Malaysia and this fucker will rip to 1.70’s.Good trading stock.
ZNGA. Ughhh….
There is a disturbance in the force. This market is very close to another flash crash.
I’m 100% cash and will stay that way until the flash crash takes out all of the lemmings who bought AAPL at $600+ and the like.
I may be waiting a while, but I’m just trying to preserve capital.
Betting on outlier events is for crazy people.
“reduce myself in a fucking frying pan to pussy sauce.”
Singular thought!
sPukey, do you work for a conflicted congress(wo)man?
This is so damn funny. Almost $hit my pants at work.
WNR being shoved in my ass…
OIL <$100bbl
$100 oil bubble about to bust!imo
Took a few shares off yesterday, but still holding a 1 1/4 position. Mrs.50 swears by this and uses it regularly.
Nice win!
It was obviously attributed to a Golden Ratio, though…(sarcasm)
Great call, Fly. Ditto the timing of your EXK exit.
I just tipped over 40% here in lovely Independence, Ohio at the Japanese Seafood Buffet. In appreciation, the waiter dropped to his knees and was about to blow me. I said “Stop! Get up off your knees, teary eyed, broken Samurai! Direct your disgusting homage to the Shogun known as The Fly. For it was he who handed me a ticket to the YELP show.
gay
Why are you so interested in moving ?
If the kids are happy then there is no reason to move other than some stupid
ego thing .If it about ego then buy
some phucking monster condo in some
weirdo sunshine state and show the pictures
to your friends .
I’ve been in the same shack for 38 yrs . and
I’m dying here .
Amen bro. Three houses in 77 years, including the one I was raised in.
And I forgot to mention: Kansas is too tall for OSU.
The only way OSU wins is to make 30 of 35 free throws.
ouch…says Orange fan…since youve broached the subject…having played and coached..I have come to the conclusion that ALL REFEREES ARE EGOMANIACAL ASSHOLES…..seems they think we are watching them ref instead of the action….nuff said
Why else would anyone agree to be a ref?
You could be correct , but when we played them at Kansas ealier this year without
Sullinger we did well on the glass .
Just keep Sullinger on the floor for 34mins.
and I like our chances .
basketball is boring until the last 2 minutes!
You are Archie Bunker. The Fly is all about advancing
Too funny , and I’ve never really thought
about it , but I really do get fucked up
when when my son-in law sits in my chair .
And I am near tears when he controls the remote .
GMCR back under 50, still like it?
You fuckin called it, Pal. I’m gonna look to buy on a little more of a dip, <$27 or so. $ZNGA made me quite the amount of coin today. So GRPN and ANGI are more or less fucked sideways underwater, especially if this fucker gets bought out buy GOOG or AAPL, goody wouldn't that be fun?
Yelp indued!
FWIW YELP’s lil sister ANGI is screaming
sold it at the highs thx
will rebuy lower, like TEA