I’m up 5.66% for the year, thus far. Gains in VHC have propelled me, being 30% of my book. Naturally the plan is to reduce the size of the position into strength. I’ve been buying the stock for over 6 months now and have intertwix myself with the outcome of their litigatory claims.
Being on the long side of such a heavily shorted stock requires one to endure a certain level of vulgarity with respect to the prospects of the company. There are numerous parties attempting to derail my efforts to attain “extreme luxury” by peppering the news wires with ridiculous stories and pecking away at the price through 100 share sell orders. Soon the good judge, Leonard Davis, will put an end to this mortifying conference and slap an injunction on the hucksters over at AAPL.
Last year this time, “The Fly” had lofty goals, designs to make triple digits in the markets–mostly through sheer will. The outcome was one of a milquetoast rollercoaster ride, booking just 11% in 2012. For 2013, I only expect to beat the SPY by 2x. Gone are the days when I’d take an imperious stance against the natural order of the market. It has ruined scores of men throughout time and will continue to do so, as long as expectations remain great, unreasonable, and out of reach.
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Is that twice a negative SPX return as well?
yes
Buy SSO!
(Banned?)
SPY down 10% will result in -20% for SSO.
I’m not into that.
Fly, you really think they’ll slap an injunction against AAPL? that would play right into APPL’s hands for a great appeal. As would an outrageous royalty payment.
I am testicles deep on this name looking for a castration of the shorts and a sale north of $40,
100% chance of injunction.
All eyes on csco trial this march
To be the Man, you must be the Man. V.King
litigatory?? c’mon, man
Just because you’ve never heard about it in your housing tenement hallway, doesn’t mean it isn’t a word.
I was a little curious myself so I looked it up in Blacks Law Dictionary (real thick book good for killing roaches) and it is not a word but you are The Fly so we will make it a word.
The suffix “ory” is Latin meaning related to (don’t mean to hang my preposition). Thus, it means related to litigation. One could have said “litigation claims” but I like litigatory and wish I had used it in my brief and oral argument in front of the 11th US Circuit Ct. of Appeals in Atlanta back in the day.
Your 13th century law scribes are outdated sir.
It is a word.
Chivo likes to sesquipedalian, but we figured out he is must be just saxicolous. – LMAO
Good one.
FYI the Urban Dictionary (the go to source) defines Sesquipedalian as:
A lover of words; particularly long words. These people don’t merely love these words, they lust these words, they fantasize about them, they fucking ADORE THEM!
The lives of Sesquipedalians are words, they live, breathe and eat words. Literally. Extreme Sesquipedalianism (or ES) is a condition whereby a patient reports excessive masturbation and intrusive sexual thoughts about words. Treatment is sparse.
Have you ever sited an Urban Dictionary definition in court? If so, can you describe the judges reaction?
The Urban Dictionary wasn’t around back then but I can think of a Judge or two who would have bought it as legal authority.One Judge I can think of (may he rest in peace) in a small North Fl. town threatened my “big city” co-counsel for contempt because the attorney was acting as an “in your face” jerk. I, on the other hand, acted as a good ‘ole boy (learned to conduct myself where appropriate a long time ago) to such an extent that the Judge offered to take me bass fishing. That was after he entered a multi million dollar Summary Judgment against my client (well deserved may I add).
LOL… But, litigatory is definitely not a word… Litigation on the other hand.. yes..
But it is a word.
After the $VHC trade…
$BBY is up on a good pop…so good time to short soon and $JRCC is closing in on $3.00.. good time to buy historically.
Anyone heard if WalMart is actually discontinuing sales of ammunition?
Rumors to that effect are running rampant on the interwebs…….
Uh oh….
http://www.zerohedge.com/news/2013-01-14/it-begins-bundesbank-commence-repatriating-gold-new-york-fed
http://www.youtube.com/watch?feature=player_detailpage&v=JJB1aXgRWNw
“Reasonable goals”… Just wondering on what basis anyone believes it’s reasonable to beat the market. Watching the Fly invest, I’m guessing it’s a combination of not “buying” the market; there’s a bit of commodity, currency, global exposure.
Fly, do you have a new investment thesis/motto/IPS for 2013?
I’ve been having some terribly intrusive thoughts recently which have been really upsetting me. I found this article which helped me cope with them.