Aside from my positions, which are curated (no Stocktwits) to conform with my emotions, I am a huge fan of many companies and industries–powering this market higher.
One stock is CREE. I’ve mentioned it before and I’ll said it again: the incandescent light is to LEDs what kerosine was to the incandescent light. Eventually, all lighting will be of the LED variety. CREE is the main player and will continue to do well.
I am amazed at NFLX, not only because I sold 20,000 shares at $65–but for what it stands for. As much as I complain about the market, I am always looking for spectacular opportunities. I had one with NFLX–but didn’t possess the edge needed to hold through the tough times. Carl Icahn did and has been richly rewarded for it.
That’s what we are here for, not only to invest our nest eggs wisely, but to have a chance at hitting that elusive homerun. I know in a previous post I warned you about swinging for the fences, but that pertained to position sizing–not the concept of wanting to hit one.
I want to hit one and badly. I might have one with VHC–but it’s taking too long to materialize. A good friend of mine is a so called expert in biotech and has been pitching me about his ideas–but that sector is too unpredictable for me.
I know if I hold long enough, I will make plenty of coin in MTW, USG, BZH, BX, GS, MOS, RH, and WNC. But what else am I missing?
How about social networking?
Shares of FB and LNKD have done well; and YELP has managed a fair return, despite its high valuation. Perhaps it is time for GRPN, ZNGA and BCOV to surge. I believe GRPN is very undervalued.
Look at TRLA roaring today. How can you sit there and ignore the fact that housing is back? Zillow must follow suit, wait and see. But how about ANGI? My contractor pays ANGI $300 per month to bump to top of search results. That sounds like a terrific business model for them. He gets about 1-2 new clients per week using it. To him, it’s a highly profitable investment. Subscription based models are very attractive to potential suitors, due to predictability of cash flow. Unfortunately, The Street. bomb (TST) has failed in that regard.
The only way to save TST is to start over from scratch. Forget about Cramer and his idiotic salary.
JIVE is a name that seems ripe for the picking, as well as NXPI–who benefits from electronic and auto industries.
Remember GSVC and SVVC? Those stocks haven’t moved in ages. I believe GSVC still owns a chunk of Twitter. Perhaps it can make another run higher too.
The point that I am trying to make is– don’t limit your horizon to the view from your window. Sure, the volume stinks and not every sector is ripping. But we’re steadily climbing higher, while volatility and bonds get crushed. This is the proverbial sweet spot of investing.
From refiners to airlines, there have been countless winners. Find the next winner, or at least try your hardest. I know I will.
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Nice article Fly! Is there a way to save articles for future reference? This one is worthy I think. Thanks!
Bookmark it.
I copy and paste Fly’s choice articles into MS Word and then send a copy to my off-site archives. Perhaps extreme, but it’s the only sure way I know to be able to reliably refer back to the information.
Fly, you’ve given me so many laughs, so I’ll try and make you smile – this one’s for you!
I read your link on the ‘Carnival Triumph’ mess. While I hate to laugh at the misfortune of others, no one seems to be injured… so here goes:
Anyone remember ‘The Love Boat’ or it’s theme song?
http://www.dailymail.co.uk/news/article-2277323/Carnival-Triumph-Disabled-vessel-wont-reach-land-Thursday.html
I therefore wrote a sequel to ‘The Love Boat’ inspired by the disgusting mess of this cruise ship stuck in the gulf. Yes folks, it’s ‘The Sh_t Boat’ with sewage
running down the walls and people forced to defecate in bags on board. Here’s the new theme song I wrote:
Poop, exciting and new.
Come aboard, we’re expecting you!
And showers, you can’t take any-more,
you just pray, that you’ll soon fu_kin reach the shore!
The sh_t boat, soon will be making another run,
The sh_t boat, your big hope you don’t get the runs…
Try to Keep your mind on adventure,
but then you just sh_t your pants,
-and fight other pas-sen-gers,
to eat on old onion sand-whi-ach.
The sh_t boat, soon will be making another run,
The sh_t boat, your big hope you just don’t get the runs…
Carpets soaked up in urine, and sewage runs down the walls,
and ye-et… somehow the manager busts-your-balls!
The sh_t boat, soon will be making another run,
The sh_t boat, your big hope you don’t get the runs…
It’s poooooooooop, poooop, poop!
—————————————
If I we’re a passenger, I would be singing this song on the decks with other passengers singing along until Carnival gave me a 300% refund…
LOL
I think we should all take turns writing new versions of this old classic (I could think of a hundred versions myself), and the very best can send it in to Carnival.
Then, who knows? Maybe the company will have a sense of humor, pick a winner, and give him a FREE world ‘Sh_t Cruise’ on it’s new ‘Poop of The Seas’ ship…
Hahaha, you should record this song and put it on Youtube – also be sure to copyright it. Probably guaranteed a million hits.
CREE is the next homerun
I think you may need a new window soon.
“don’t limit your horizon to the view from your window”
That’s a great quote.
just made it up.
Thanks
thanks for your tweets and articles, Fly. I’m an appreciative fan. Possible home runs imho are QIHU, SFUN and LNKD….
GRPN’s earnings report is going to be a “make or break.” With that short interest…
Seriously though, if the Eq freight train is fueled predominantly by the promise of liquidity and free money “4-eva”…and one “can’t fight the Fed”…then how is it that you’re confident in bonds “being crushed”? If nothing else, the Fed will buy bonds ad infinitum.
they are buying mtg bonds now
http://www.newyorkfed.org/markets/tot_operation_schedule.html
Behold the wrath of Icahn;
IEP heading for a double inside of two months.
And if you like Nelson Peltz, there’s always IR.
____
Is there a way to save articles? Yeah… fn copy and paste.
Fly sounded too nice on his post, maybe he’s in a humbling mood. I had to step up for him.
Always entertaining Mr Fly…lot’s of good info.
Z and ANGI calls looked especially prescient. Like the Long Island Medium!
Le Fly hunts for the next FTK (which is trading just shy of $14, might I add).
I remember when the readers of this site, myself included, were fiddling with FTK at $1.50. I also remember the troll commenters who scoffed at Le Fly when he opined that it had the potential to see $10.
Will I be rich or poor as fuck with my BBRY holdings at the end of this year?
Here’s some free advice for anyone stuck on the ‘doody doomed’ Carnival Cruise ship(t):
http://www.smellypoop.com/facts_about_poop.php
Among some of the advice here is:
“Survival Guide for Taking a Dump at Work.”
“WALK OF SHAME: Walking from the stall, to the sink, to the door after you have just stunk-up the shitter. This can be a very uncomfortable moment if someone walks in and busts you. As with all farts, it is best to pretend that the smell does not exist. Can be avoided with the use of a COURTESY FLUSH.
OUT OF THE CLOSET POOPER: A colleague who poops at work and is damn proud of it. You will often see an Out of the Closet Pooper enter the bathroom with a newspaper or magazine under their arm. Always look around the office for the Out OF THE CLOSET POOPER before entering the bathroom.
THE POOPING FRIENDS NETWORK (PFN): This is a group of coworkers who band together to ensure emergency pooping goes off without incident. This group can help you to monitor the whereabouts of OUT OF THE CLOSET POOPERS and identify SAFE HAVENS.
SAFE HAVEN: A seldom used bathroom somewhere in the building where you can least expect visitors. Try floors that are predominantly of the opposite sex. This will reduce the odds of a pooper of your sex entering the bathroom.
TURD BURGLAR: A pooper who does not realize that you’re in the stall and tries to force the door open. This is one of the most shocking and vulnerable moments that occur when taking a dump at work. If this occurs, remain in the stall until the TURD BURGLAR leaves. This way you will avoid all uncomfortable eye contact. TURD BURGLARS have been know to cause premature pinchage, which inevitably causes you to pinch one off in the middle.”
CAMO-COUGH: A phony cough which alerts all new entrants into the bathroom that you are in a stall. This can be used to cover-up a WATERMELON or to alert potential TURD BURGLARS. Very effective when used in conjunction with an ASTAIRE.
ASTAIRE: This is a subtle toe-tap that is used to alert all potential TURD BURGLARS that you are occupying a stall. This will remove all doubt that the stall is occupied. If you hear an ASTAIRE, leave the bathroom immediately so the pooper can poop in peace.
Holy, shit, I have tears in my eyes ovah heah….
LOL!
_______
haha hilarious
If something serious enough happens while you are at the office, you won’t care.
This is some high-quality content, Fly. Much-appreciated.
Fly, it’d be great to see some intel regarding biotech stocks from your friend from time to time.
Sir Fly, any thoughts on RLGY?
BTW — EXK is your next homerun, if you can swallow your rancor.
_____
No jake
Exk to 00.00
Regarding GSVC, Twitter is its’ largest holding at 13.9% of the portfolio. 2nd largest is Palantir Technologies at 8.1%. In the six months leading up to the Facebook IPO, GSVC went from 13 to 20. Here’s the thing though…Any idea how much of a portfolio percentage Facebook is within GSVC? It’s currently 2.7%. It’s Twitter holding is 5x more than that of Facebook. Past results doesn’t indicate future returns, but any serious rumblings of a Twitter IPO is sure as hell is going to cause me to at least pay attention.
FYI – GSVC breaks down their position holdings in a pie chart
http://gsvcap.com/charts/
This market is beyond amazing even for Partridge… but in case you forgot how bear market looks like look at PMs, bloodbath for the bugs.
Pms are for tea party welfare recipients.
by the way many other commodities are not so hot at all.. look at DBA, looks like shit
funny Mr. P – I look at DBA and see opportunity at this point. You say potatoe … I guess. Although perhaps more in the specific softs that it contains.
Contrarian is a rear trade for me, prefer to ride the trend
You should discard your moniker old boy.
Maybe “Mr. Nasdaq?”
____
“Pms are…” (also) for people who have traveled outside the Tri-State area and check the Macro pulse.
Treu Tea Partiers?
No shock as to $CREE declaration, but brilliant; not yet evanescent.
BRKB for the $100 roll. The old dude has been assembling a nice portfolio
Toe tapping in the stall is out of the question ! Have we forgotten Idaho’s Senator Larry Craig soliciting an undercover in that way ???
http://youtu.be/MlJje2lmJJU
Right around when Mark Foley was sexting high school age pages ?
This is an actual read:
http://youtu.be/uJu6bONl5KA
LOL Belly, but most poop these days is in the current White House Administration, and like constipation, it looks like were stuck with it – at least for 4 years. However, sometimes the ‘Turd Burglar’ (no ass’Pirate’ homo) types MUST be warded off for some ‘special situations’ no matter what:
WATERMELON: A turd that creates a loud splash when hitting the toilet water. This is also an embarrassing incident. If you feel a WATERMELON coming on, create a diversion. See CAMO-COUGH.
HAVANA OMELET: A load of diarrhea that creates a series of loud splashes in the toilet water. Often accompanied by an escapee. Try using a CAMO-COUGH with an ASTAIRE.
UNCLE TED: A bathroom user who seems to linger around forever. Could spend extended lengths of time in front of the mirror or sitting on the pot. An UNCLE TED makes it difficult to relax while on the crapper, as you should always wait to drop your load when the bathroom is empty. This benefits you as well as the other bathroom attendees.
FLY BY: The act of scouting out a bathroom before pooping. Walk in, check for other poopers. If there are others in the bathroom, leave and come back again. Be careful not to become a FREQUENT FLYER. People may become suspicious if they catch you constantly going into the bathroom.
Intersting afterhours news:
N Amer Palladium has filed $300 mln base shelf prospectus…
The filing is part of the Company’s standard course of business, to replace the shelf prospectus that expired in 2012. The shelf prospectus allows NAP to make offerings of common shares (including flow-through shares), debt securities, warrants, and subscription receipts in an aggregate principal amount of up to US$300 million during the 25-month period that the shelf prospectus remains effective. The nature, size and timing of any such financings depend, in part, on NAP’s assessment of its requirements for funding and general market conditions.
Wondering if this is a flag or a buying opp – b4 2/22 earnings. been feasting on the 3 Ps – palladium, pipelines and propane – all of this year – but taking profits every opp on the 2 pallad miners – still think PALL has room to run though and looking to buy the next dip. Wary of PAL and SWC pre-earnings at this point though as the sloppy management of both could fu** up a wet dream.
http://www.foxnews.com/us/2013/02/13/disabled-carnival-cruise-ship-had-prior-mechanical-trouble-on-january-voyage/?test=latestnews
“Some 4,000 people aboard a crippled cruise ship some have likened to a floating toilet were hoping to reach dry land and an end to their hellish voyage by tomorrow afternoon.”
– folks, as warner wolf would say, you could turn it off right there.
This stuff is (black) gold; it IS the funniest story in the world…
bought grpn under 4 and nok @ 2.4
I have been an investor of CREE before, but I am not currently recommending them…
I have been less extremely UN impressed with their branding and advertising efforts (do they have any?). They have a stellar product, but are completely retarded when it comes to branding.