I just got back from a celebratory lunch, tasting menu with wine pairs, at once of Princeton’s finest eateries. I hope you can appreciate the good fortune that I’ve experienced today with FRO. Being able to sell 500,000 shares into an upswing, fully liquid, is a gift, one that I couldn’t look in the face and ignore.
With part of the proceeds, I went long YGE; the rest is in cash.
My largest positions are IMMR, YELP and AMBA. I know the market will trade up, so I am not too worried about booking profits.
The market looked dicey for awhile, but roared back like the lion that is is. I am almost fully invested and will be looking for another fresh idea this evening. I like NILE, but the shares are too thinly traded. BX and APO are good, but offer limited upside returns. The reason why I went heavy into YGE is for the upside potential. Since I am up so much, I can afford to take risk.
I was up 5% for the day, plastic manning my way to +32% for the year. Despite all of the tests, Le Fly is pissing on his competition from atop a summit, defecating on those who try to sneak up from behind (no homo).
And that’s exactly what I intend to do, friendo.
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Hi Fly
When you are out at these events does anyone know you are The Fly? Just curious.
No one knows I am Le Fly, not even my mother.
Full Batman mode.
Fly are you customizing the 20 gold chains to have football size trinkets of OG Bernake’s face with diamond encrusted beards ala Rick Ross?
I’ve commissioned an oil painting of Bernanke to hang atop my fireplace.
fly, didnt you get into FRO around 2.40 for the bulk of your position? Pretty sure the first million shares were purchased near current levels…..correct me if i am wrong, just surprised u arent ridin this thing higher
No, my avg cost is 2.21. I bought many shares under $2 to reduce the cost. I did, however, start the positions around those levels.
FRO wasn’t a win, but a respite.
I am still long 700,000.
seem like he nailed it mostly at 1.85. Time machine was on
Any idea what the catalyst was today for FRO?
Probably put out a new line of Rick Ross endorsed hair picks.
Well done Sir.
nice, pal
Congrats Dr, very well played…
I wonder what is your opinion of BBRY, at appears to be 40% of stock float is short between US and Canadian markets.
I have upgraded to the Z10, which absolutely rocks. However, the Verizon store I frequent was playing up the new Samsung when I bought my phone in May and my sense is the carriers are not pushing BBRY’s product. However, I know full well you are not trading the company but the stock lol.
High risk trade, but if ER is good 20-25% pop is not out of the question …. if bad .. you know the drill
Yep. By the way, I know you are rooting for my Boston Bruins…
“Despite all of the tests, Le Fly is pissing on his competition from atop a summit, defecating on those who try to sneak up from behind (no homo).”
Le Fly please consider writing childrens books. I think you are a well suited writer for the job.
How do you know I don’t already write them?
Call me Dr. Zeus.
Given you’re lyrical intellect, I think Le Fly Brown would suit you better.
“The Da Vinci Load”
Boom. You now have an Oprah’ Book Club best seller.
your*
fuking iphone
Epic.
Well played Senor!
“YGE”
Looks interesting. Dare I say even a potential cup and handle, or will I get banned for that? 😉
A request to all..the single most juiciest pure bone marrow sucking Chanos short on China. Give it to us lads and we shall all partake.
I don’t have it but I shall dig
Though I may have hit rock bottom.. I am prepared to excavate.. Truly we need to find wicked triple China shorts.
Want a barbell do ya lads? Get cracking and pull out the ultimate china short.
So your AUM is like 5 or 6 mln?