My $FIZZ is Fizzling; Crazy Eyed Floridian Insurance Play Goes Bust — The World is Ending for Fly Edition

UPDATE: Since this post was published, the Gods have granted me a small respite, an oasis of fresh water in a vast desert landscape. FIZZ has rebounded a bit, placing my losses a little less than $2. Amen.

Up until last week, I was perfectly happy, jogging on without a care in the world. My investments were automated, using the Exodus quant system I put in place, and I didn’t have to deal with the chicanery of every day investing.

But I had to change that — because a crack head always goes back to the glass, if given enough time and leisure. I said to myself ‘you’re not a crack head Fly. You’re just gonna take one quick pull from that glass and that’ll be it.’

Next thing you know, I’m rooting for hurricanes to both destroy and miss Florida, long faggot water stocks, hoping for people to be parched running away from the storm, and trying to profit from a sudden demand for hurricane resistant windows.

Capitalism at its finest.

Last night, FIZZ reported earnings and beat them, upping guidance in the process. The fucked faces over at Maxim Group were so kind and bold enough to up their price target on the stock to $40 from $33, citing a wanton disregard for fundamental valuation. They’re calling for a 60% drop in the stock and I hate them for it.

FIZZ is down 7 bucks on the news, officially placing me in the red by almost $5.

Here’s me visiting my neighbor this morning, who happens to be short FIZZ.

Me having a chat with $FIZZ short this morning pic.twitter.com/fGCiW5IVMG

— The_Real_Fly (@The_Real_Fly) September 8, 2017

On the insurance front, things are looking bleak. This morning a Bloomberg analyst discussed the risks to the insurance industry in Florida. This is definitely worth your time, especially if you’re like me — LONG INSURANCE STOCKS INTO THE TEETH OF A CAT 5 DEACON OF DEATH.

So, what the fuck is my problem anyway?

I got my UVE and FIZZ barreling down into hell. My oil play, OAS, careening lower, whilst my window (PGTI) play barely higher, FAZ being FAZ, and of course my life insurance stock (AEL) flat to slightly higher. Why do I bother?

I’ll tell you why I bother, you fucking faggots.

Because I am going to be right. Not only that, I am going to keep buying until my face turns blue, my hair walks away from my head — and the sun crashes into the moon — sucking the fucking galaxy into a black hole — burning all living things to a cinder. I will never stop, so don’t try stopping me.

What now Fly?

I am very glad to be having conversations with myself on this fine day. A little Q&A is perfectly normal. I will soon tend to my quantitive positions, which beat the S&P again this week, and perhaps make a move in my discretionary account. By my vantage point, we’ll know the true nature of the damage inflicted upon Florida by Monday, which makes today a very unique day to play the storm.

Having fun yet?

Not yet.