iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,449 Blog Posts

ROADKILL

I am up more than 5% today, setting new records, new annual highs in the process– up 32% for the year.  I sold more than 500,000 shares of FRO today because I needed to divest a little. I will hold another 700,000 shares until my prophecies come to fruition.

With the market soaring ahead of the Fed, I think it’s fair to assume “tapering” isn’t part of the Bernanke playbook. We should continue to make new highs, unless of course earnings, or lack thereof, derail us. I did not like the news out of TEX today.

With today’s gains in the SPY, we are about flat for the month of June. There isn’t anything wrong with selling to take profits. But just know, better men than you are 100% long, strong, unafraid of the horrors that may or may not hang in the balance.

Your gender is suspect.

Solar is where it’s at because of fundamentals. These companies are smashing earnings expectations and guiding higher. Plus, it has the attention of the degenerate momentum crowd. I love YGE up to $4.

“The Fly’ is all about winning and has decided to continue to do so for the duration of 2013.

Off to go buy 20 diamond encrusted gold chains and 200 pairs of Air Jordan’s with my FRO winnings.

 

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15 comments

  1. Mike

    as a lowly “free loader” and unable to attain needed information myself..what is your average cost on the remaining FRO shares?? skoalbrutha (no earl campbell)

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  2. flyaway18

    What do you mean by “Your gender is suspect.”

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  3. Munch

    The pride before the fall

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    • The Fly

      It will never happen.

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      • Munch The Great

        Don’t take my word for it, wait and see then!

        But, it says so here, in “The Book”

        Those who will not LISTEN are destined to FEEL.

        Le Fly’s House of Pain. coming to blogs near you

        {slams book shut; sharp about turn, Munch marches into the rising sun}

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        • Munch The Great

          PS:

          Wake up, Le Fly critter!

          This is distribution, clear as daylight

          {doffing World War 2 Hun Helmet}

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          • razorsedge

            munch your point is well taken, but i think its summer before the fall, lighten up.

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  4. Brian

    FRO strength today being attributed to positive comments from CEO Fredriksen regarding growth in LPG production

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  5. charles c

    Z back from the dead

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  6. OG

    I think I need to stop looking and just buy KNDI.

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  7. fly jr

    This market looks ready to crumble. Huge RUT divergence

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  8. razorsedge

    Copernicus, and yet it moves

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