DEATH TO SEEKING ALPHA: Buy $CVV

I started a position in CVV today, at around $11.30 (be careful chasing this one). I like the company and feel it has potential. But this isn’t about that. Off the back of my AMBA victory against the misfits from SeekingAlpha, I feel emboldened to blindly bet against any of the advice that is published on that site.

Reason being: it’s not genuine.

The people who write for them are miscreants, zoo animals, who only desire short term gains off stock manipulation practices. There isn’t real work being done there. They are lazy yam eating giraffes.

Who’s up for a winter campaign in Moscow?

President Putin said he’d still supply Syria with weapons, regardless of a US strike. Moreover, the Russians sent another battleship to the Syrian coast. I am sure they will enjoy the vapors from our cruise missiles, as they head towards Damascus.

This was supposed to be a joyous day, as the unemployment numbers came in softer than expected. The vile degenerates on Wall st enjoy a soft number, because it means more QE. Futures were up, until the Putin news broke.

If there’s one thing for you to take note of today, it is TLT. Bonds do well during war, especially the kind that encapsulates the world.

Nonetheless, I am up another 1.7% this morning, spearheaded by AMBA, YELP and IMMR.

On the research front, I like today’s USG upgrade. Apparently, wallboard prices are going up again. I like USG under $27, which is why I own it.

You guys might be doing it, but I do it better.

The PPT flagged an extreme OVERSOLD condition last week, at which point I told you there was a “high probability” trade to be had. Yeah, it gave me the YELP trade too. I am telling you these things for two reasons, full disclosure.

I want you to join The PPT. There, I said it. I want you to join, not for self aggrandizement, but because I know it’s going to help you become a better trader/investor. If you just used it for the Overall Hybrid oversold signal, you’d improve your bottom picking strategies in a most dramatic and non-homo fashion.

Secondly, I am bragging.

^^^There is the historical OS signal, which hasn’t been seen around these parts for two years.

And here are the results, over the past 36 months.

That’s 83% accuracy over a 5 day hold.

http://www.youtube.com/watch?v=pLUGCrT9kvo

With regards to Ambarella, the company just blew away earnings–proving Mr. Assbahi’s ‘channel checks’ more than false, but fabrications.

In summary, I believe this gent purposely published his “hit piece” on Seeking Alpha with the intent to affect the share price, all the while holding a short position in advance of this occurrence. Or, he’s just an irresponsible hack.

Either way, I eagerly await his response to AMBA’s blow out quarter and read what he’s been up to, over the past few weeks? Did he cover his short position, after his stupid article jacked the stocks for 10%+?

The word wants to know.

Either way, I won and will be funding dinner this evening with his losses.

Ambarella beats by $0.07, beats on revs (15.34 +0.14)
Reports Q2 (Jul) earnings of $0.26 per share, $0.07 better than the Capital IQ Consensus Estimate of $0.19; revenues rose 34.6% year/year to $37.7 mln vs the $35.99 mln consensus.

Gross Margin: Gross margin on a non-GAAP basis for the second quarter of fiscal 2014 was 61.9%, compared with 69.2% for the same period in fiscal 2013.

Commentary: “We continue to enjoy solid success in professional and consumer IP security markets, where we are delivering cost effective, feature rich solutions for technically demanding products. In addition to our security market success, our wearable sports and automotive camera markets continue to grow, contributing to our strong year-over-year growth.”

It’s neither here nor there.

I was up 3%, then settled for 1.5%. What does it matter? This is the ultimate bear killing machine and I am a part of it. I am very happy to say, with the enthusiasm of a famished lion inside of a room with fat, unarmed, men drenched in pigs blood, that I destroyed many a bear in the great catastrophe of 2013.

Sure, we’re going to war and everyone thinks Obama is “The Black Hitler” minus the mustache. But why does that matter?

Bond are getting poleaxed on a daily basis and rates are spiraling higher, which is a negative event for the greedy corporate gluttons who’ve done nothing with their cash hordes for 5 years now. Maybe the rapid decline in treasuries will motivate these corporate hacks to expand and/or merge.

Either way, it was another winship filled day.

See you suckers tomorrow.

I’m at new highs for the year, up another 1.7% for the day. Again, I am not bragging or trying to demonstrate how much smarter I am than you (which is true, but not the point). We are all blessed with this perpetually driven ATM machine. In order to benefit and improve your lives and the lives of the people around you, all you have to do is have faith.

Is that too much to ask?

It’s actually pretty simple. Whenever the market goes down, ignore everyone who espouses the opinion that “we are heading much lower.” Block them from your Twitter feed and kick them down your tenement stairs, if given the opportunity. Believe in the Bearded Clam and the people who know that the stock market is the only thing left in America worth saving. Do not invest in America; buy its stocks.

Heed the advice of seasoned pros. In this day and age (extra whipper-snapper), you can find said advice online, instead of having to whore yourselves around town–at the local Edward D. Jones, who, incidentally, read iBankCoin for picks anyway. I like to think of iBankCoin as a monopoly for sound investment ideas, but it’s not true. There are many talented young and old people sharing opinions around the web, most of whom I do not know. But I know my people and they’re trustworthy, otherwise they wouldn’t be here.

Bow down and beg for the forgiveness that your tepid bank accounts crave and repent for your sins against The Church of Wall, and you too shall be blessed with the fruits of somebody else’s labour, fit for a King–but suited for a pleb.

Top picks: IMMR, GOGO, TRLA and POWI

I added to my TRLA position, placing myself back into the “leveraged zone”–fully invested.

On an apples to apples comparison to Z, TRLA is worth $60.

I added to my GOGO position. For those of you who guessed GOGO as being my next large position, you were right.

The company will be unveiling their latest technology on 9/11 and be launching phone/texting service for flights starting on 10/1 for iPhones and 11/1 for Android users. Considering the company is trading less than 4x sales and 6 points below its offering price, doing nothing but beat estimates and guide up since being public, I like my chances with the stock below $15.

Target: $20

I sold 75% of my AMBA position, at a profit, in order to avoid earnings scheduled for after the bell. Although I am confident they will beat, I have little interest in gambling with non-core positions.

I sold 50% of my YELP position, +30%, in order to raise funds for a new buy.

DEVELOPING…