Like a bat roaming through the wintry night, Le Fly is out for blood. He seeks the total and complete destruction of the retail investor, for selfish reasons of course. As luck has it, you happen to know this website address and might’ve found it through nefarious methods. Nonetheless, you are here now and get to glean information, knowledge and wisdom, from the very best in the business.
I will now present to you, the internet troll, deformed men too grotesque to be seen in public so they seek refuge and comforts from a computer screen, my watch list–sorted by sector.
Basic Materials: SLCA
Consumer Goods: POST
Financial: BCS
Healthcare: ARWR, GILD
Industrials: n/a
Services: BID
Tech: YY, YELP
Bear in mind, this list will evolve, as the selling deepens. The further the canaille falls into disrepair, the more emboldened Count Fly will become.
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YELP is going to get buried.
It would be interesting if the selling actually did deepen. As they say at the Transylvania Exchange, Bela Lugosi!
Bela tomcat.
Thank you for sharing, Fly.
Couple of questions Fly –
– Why is ICPT not in the biotech list? It seems like a good stock given they are treating “fatty liver”. With majority of the workforce obese and working on a desk, this doesn’t seem to be going away anytime soon.
– SLCA – How does the demand semantics change with oil at $80? Does exploration slow down? If so, is that factored in at all?
Thanks!
Panda- slca may even do better with lower oil, oddly, as the benefit from sand provides a large margin per additional barrel. As a result, oil producers may demand more oil to increase volumes at their wells to offset lower prices. Also, Slca has ~70 pct of volumes contracted out. Also, many producers have hedged volumes for 1-2 years.
So in short, Minimal impact in short term
Only if demand is there. Why produce when there is no or falling demand?
Because the infrastructure is already built. The major expense comes up front; so if it’s already in place, the break even point is relatively low and variable expenses are relatively restrained. I’ve read circa ~$80 is break even for oil producers, but that was a generalization and it varies.
Icpt on my buy list. Fwiw
Millions of Americans were a bit upset this evening that Dancing with the Stars had to be interrupted for a moment to announce the war on ISIL.
Couldn’t the President wait till the nightly news was on?
“I am not an animal.”
Fly – post has too much leverage. Avoid. Not even that cheap!
Broken deal stock, could crush the shorts if they announce an acretive acquisition but the target list is dwindling with multiples levitating in the consumer space.
Thought provoking read right here.
If true, how would you position yourself?
http://www.resilience.org/stories/2014-09-22/low-oil-prices-sign-of-a-debt-bubble-collapse-leading-to-the-end-of-oil-supply
Crude prices are highly correlated to spikes/declines in the USD. We’ve seen a massive (relative) spike in the USD, so in the short term, crude will stay low as low as the USD continues to show upside volatility. If that persists for longer than 3-6 months, then we will be having another conversation entirely.
just give me a blow off top and qihu above 90 before October expiration and I swear I’ll never do a bad thing again
MNK is high on my “buy the dip” list. XON down 6% – getting close.
KORS? Fits the high-end consumer disc. thesis.
IBD has free access thru Oct. 5.
Stocks will be buoyed by lower long term rates. The Catch 22 is that stocks may have to fall first in order for this to happen. Rates may just continue to drip lower in response to foreigners’ attempts to troll Obama.
Any room for yahoo in your grande watch list.
Thx for the humorous posts le fly! LOL at my avatar.
There’s no way I buy equities until the dollar breaks down. Shorting gold/silver is the best play now.
dumbest list ever
GILD is looking very strong