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
23,431 Blog Posts

Fly Buy: $WMT

Cheap gas helps the vagrant population more than you know. Truth be told, I infiltrated their cabal this weekend and was met with delighted sales-persons idly tossing boxes about the aisles, as I picked up some plastic cups, which were on sale.

The peanut butter and jelly aisle was booming and generic hot dogs and buns were flying off the shelves.

I started a position in WMT.

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18 comments

  1. Marc David

    Google Finance is awash with any headline they can make up to justify any market moves. S&P cuts Russia to junk bond status! OMG.. how will we ever survive when this company that takes money for ratings, issues such a dire warning. I am off to my fallout shelter right now.

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  2. kdog

    The Fly will be on the people of Walmart soon…lol

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  3. Trent J

    I like the call… Look for a quick ramp up as the vagrants load up on hotted dogs from WalMart to weather the snowstorm that looms which will undoubtedly take millions of lives.

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    • Dr. Fly

      They loved hotted dogs. You should have seen them scrambling about the aisles in search of refined sugar snacks.

      JJSF for the win.

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  4. one-eighty

    I love a thesis. Is MCD next?

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    • Dr. Fly

      No, HABT for the masses, and SHAK.

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      • sierra water

        In trying to see if their is anything to this fast casual burger trend and I went out and stuffed my face at Habit, got the Santa Barbara with Grilled Onion, Mushrooms, & Avocado.. F*ck me.. it was good. I then went to In In N Out, my fav, and examined the burger closely, realizing the patty had a smaller diameter (.080″ smaller) than the actual bun. WTF? No, I’m not a fatty, quite fit actually! I started a position in HABT this morning. Have not had the chance to visit SHACK as I’m in California.

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        • sierra water

          Btw, was at the drive through at their flag ship store, it was packed. One concern is how much real estate is left for drive thru.. Drive thru is key. Lazy burger eaters don’t want to have to get out of their car, of course.

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          • rangersfan

            I would love to try In and Out if it ever came to the east coast.

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          • traderconfessions
            traderconfessions

            you’d be disappointed… it’s like saying Papaya King has the best hot dogs.

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  5. gunrunner

    I’m a big COST fan. Would you consider that too, Fly?

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  6. rangersfan

    Cmon $FRO $FRO get up you pig, oil needs to test the Financial Crisis lows of $43.83 . $3 handle on its way, we just had our $BSC moment with $FXCM , hehe

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  7. rangersfan

    Nice move in $POST today, thanks very much Dr. ,

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  8. rangersfan

    Oh yeah, btw, I think the a$$holes at $GS to do their own homework on the driller equities. Looks like they have been reading your blog posts on $FANG and $CXO . Hat tip Dr.

    http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/01/GS%20shale%20matrix%201.jpg

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    • Dr. Fly

      They have PDCE in low quality? Laughable, since they have the best hedges in the biz, 85% hedged at $81 through 2016.

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