Fly Sell: $WFR

I booked profits in WFR.

I was going to mention one of my bigger positions, AMBA. However, I just heard that Rev Shark is pumping it this morning, which is why the stock is spiking. Nevertheless, I still like it.

Here are some other names crossing my radar:

WFR
ANFI
GTAT
RBCN
SKUL

I also like Japanese stocks, which are ripping this morning: TM, HMC, SNE, NMR, MTU, KUB, MFG. Interestingly enough, CAJ has yet to move.

As I type this, the market is selling off. If you are a believer in the laws of POMO, this is where you buy: on dips.

I will be monitoring heavily shorted stocks gapping higher this morning. There are signs of epic squeezes everywhere, from solar to JCP to god damned TSLA.

Short are getting flame broiled. It’s brutal for them.

I’ll keep this short and sweet. As of now, solar is my focus. However, once the market opens I am sure there will be a plethora of names worth trading.

More on this later.

I’ve never seen such a tape as docile as this one. In the best of markets, the pullbacks were always ferocious. I recall a half dozen times longing to throw myself into a lit fireplace, for the losses that I had endured at the hands of Mother Market. Yet, here I am, clearly without any lasting wounds to speak of, discussing the vagaries of this penis sucking market.

Now to the point: I’ve been spending greater lengths of time inside the 12631 trading room and intend to do so for the foreseeable future. It is a unique place where ideas are shared and money is to be had, run by ChessnWine and RaginCajun. Because there is demand, I am going to run a promotion soon, so you can see for yourself what you’re missing out on.

I’ve recently dedicated to changing iBankCoin back to the ways of the old, focused much more on actionable trades, talent in the markets, less so in the art of writing. As such, we’ve added The Option Addict, The Devil and RAUL to the staff. I will be inviting whoever I feel can offer some value to the readership, on a regular basis, also discarding them as quickly as I’ve procured them when their worth has been spent.

We are going to make a great deal of money in 2013. So help me god, if we do not, I will vaporize North Korea down to its last morsel of rice with my Orbital Space Cannon (OSJ).

NOTE: If ARG doesn’t do “the hundy roll” withing 30 days, I will castrate myself.

http://www.youtube.com/watch?v=RW3Y4OuTPHQ

I went long ANFI, a dubai based producer of rice and other such luxuries. It’s still below its ipo price and it’s based out of Dubai. Meaning: those circle heads have zero interest in looking like jackasses. With 25% of the shares sold short and half the world starving, I like my chances here long.

Top speculative pick is JRCC.

I have 4 stocks that give me a heterosexual erection right now: FRO, JRCC, WFR and AMBA.

The only sector that hasn’t bounce yet are the shippers. Forget about the fundies for a minutes and acknowledge this is a ball busting tape–designed to punish and maim bears to the end.

The following shipping stocks should be looked upon, expected to climb in the face of horrific day rates.

Why?

Because they can.

TRMD already exploded.

FRO is my favorite and here are the others:

EGLE

ULTR

VLCC

SB

DSX

NAT

I added to my AMBA position.

I started a position in WFR because solar is the new electricity.

It’s time to starve, America. The old farm bill expires on 9/30/13. Therefore the clowns over in DC need to pass a new one soon.

Even though farmers are enjoying record profits, the farmaid shall continue, through massive subsidies from the tax payers delivered to the cow jerkers over in farm country. The food stamp crowd, however, shall be starved to death, as one version of the new farm bill slashes $20 billion from the mouths of the unemployed destitute. Perhaps these chaps can shoplift or get jobs to provide food for their families. I believe upwards of 35 million people have the foodstamps, taking full advantage of the splendour that is America.

On this news, I expect farm related stocks to run. Fertilizer plays, as well as seed, should do well. Irrigation related stocks will climb and the food stamped crowd perish.

Here are some names. Select whichever ones you feel are strong and own them into the god damned farm bill passage.

AGU

MOS

LNN

MON

VMI

ANDE

BG

CF

NOTE: In case you’re wondering why there is a human like looking ape on the front page, it is because “The Fly” envisions large gorillas roaming about the corn fields, beating farmers to death with sticks.