IT’S BURRITO TIME

You know my risk appetite is extreme when I start buying Chinese burritos aka “pinless hand grenades.” Do not worry, small plebs, the position size is small and cannot hurt me, even if it went to $00.00.

For the day, I broke even, thanks to profit taking in ag related names. Today was a big tech day, which is why I started a position in RFMD.

I sold out of two laggards today: RBCN and DMND. Both stocks were trades that took too long to materialize. Instead of making them emotional trades, I cut them loose and carried on.

Bottom line: I am indeud going to win in grandiose fashion. There is nothing you or your stupid friends can do about it.

http://www.youtube.com/watch?v=YiYnfn0kyK0&feature=related

I started a small position in Chinese Burrito Ag play: CGA.

If your stocks aren’t performing, swap out of them. I do not know how long the sun will shine; but I can tell you with certainty, it is beaming now. Soon, before you know, the winter will be here, casting black clouds over your castles or housing tenements, to each his own.

I am working with feverish haste to tax this dollar for every red cent (no IRS). Before I am a senior citizen, America will cease to exist in the form you see today. We are heading down the path of destruction and there is nothing that can be done, save a violent revolt, to save it.

I accept that as fact and truth and have been preparing for such occurrences for the better part of 4 years. Nonetheless, I am hired to make money for wealthy individuals, regardless of long term opinions. Fortunes are made and lost in days. Wealth is something that is preserved over generations. You cannot be wealthy without having a fortune. Having said that, quit betting against me you fucking insolent wretches: I trade from the future.

YELP is kicking higher, alongside a number of tech stocks.

Get in.

Top picks: RFMD, EXK, LNN, MOS

Although I like the walnut story with DMND, I am swapping it out for shares of chip company RFMD. The money is swarming over to tech today and RFMD is enjoying tailwinds from SWKS.

I like RFMD under $5.

Now this is a rally. This rally is 100% sponsored by gorillas chewing on cocaine leaves, running around in the jungle with cock in hand.

You cannot be serious about money if you are selling short here. I mean, come on already with the fucking news releases. You’re never, ever going to bank coin if all you do is obsess over worst case scenarios. You are pitting yourself against the elite ruling class, who are happy and content with the status quo. You Sir are a fucking idiot for thinking “black swan” events are predictable and happen with great regularity.

I’m liking silver today, since its been lagging the market. And, as always, I like to take a barbell approach to buying stocks that are heavily shorted. For example: I want to be long stocks that have more than 15% of their float sold short and have strong technicals. On the other hand, I want to own heavily shorted stocks that haven’t moved yet and have weak technicals.

Based off a recent screen I made in The PPT, here are some ideas:

Strong Technicals
PRKR
CVI
AF
AN
ATHN
EXPE

Weak Technicals
CJES
DDD
USG
YELP
FRAN

Those are just some random ideas. Normally I vet out my ideas by checking the fundies, listening to conference calls, reading 2 years worth of news archives etc. But you get my drift.

At the moment, I am fully invested; therefore, I do not have cash available for investment. However, if I find something I really like, I might dip into my 20% cash reserves and/or swap one stock for another.

Bottom line: this is a strong tape and there is plenty of upside momentum. Don’t get sucked into the vortex of negativity without a real catalyst in the short term.

http://www.youtube.com/watch?v=swYVJOkJEr4

You talk too much.

Don’t be afraid to trade, for the ones who are afraid shall be slaughtered first.

-BEAS, 1776

Where are the cowards who were talking shit just a few weeks ago?

In case you are unaware, I killed them all, murdered while they slept, suffocated by noxious black fumes.

With gains approaching 25% for the year and nothing but information flow at my finger tips, I’m on the verge of breaking out, yet again. My goal, as always, is to outstrip you. While doing so, I make you look foolish, almost child-like, as your attempts at market mastery come up short.

I never claimed to care about the economy, or the country for that matter. I cannot care about those two things and provide Mrs. Fly with gifts of the gratuitous nature at the same time. Get it?

Good.

Into the bell, I am selling NOTHING. As the summer winds raze fields of dry corn to ash, I bank coin, profusely, long LNN, MOS and CRESY.

Most of my current positions are very dangerous stocks. They are illiquid for my position size, volatile, and have been known for taking deep dives into the crevasse of stock market sob stories, when markets misbehave. I hope you realize the skill it took to time my YELP sales. When selling YELP, I needed two things to occur: 1. the stock needed to be higher than $25. 2. the volume needed to pick up by a factor of 10, in order to accommodate my market orders.

Most people feel market orders are cardinal sins, maybe so. However, I don’t have the fucking time to micro-manage positions for a few pennies. When I buy a stock, I am committed. Why fuck around with pennies when there are dollars to be had?

I’m up 1.25% in the early going. I am fully invested, with just under 20% of my assets in cash.

Top picks: ALJ, RBCN, LNN, MOS

I would like to alert you to the fact that I drank an entire bottle of Clos L’ Eglise Pomerol (2007), courtesy of Ragin’ Cajun, tonight–to celebrate the many things that need to be celebrated.  My year is going swimmingly, the site is punching people in the fucking face and I just bought a new house. However, I am an eternal pessimist. I would like you to know, whether it is of any interest to you or not, that I never feel satisfied.

To be content is equal to sloth. Sloth is equal to vagrancy and vagrancy is the bane of mankind.

I don’t accept new clients anymore, so quit emailing me with requests. There will never be commingling at iBC, no matter how much you beg and ask. Feel grateful to have access to my network and stop talking shit in the comments section, else you will be banned.

I have a few deals lined up, which cannot be revealed just yet. There are parties who would be intently offended by my missives and I like to keep bridges intact. However, just know, like YELP, WNR, FTK, LULU, GSVC, and the countless others I’ve brought to you since inception, these next few plays will be winners.

What makes a successful investor?

Two things.

1. The tools he has to make informed decisions.

2. His network.

If you do not have a system in place to access information and make informed decisions, then you better have insider info.

I no longer give a shit about the mood swings of social networking investors. As far as I am concerned (and I definitely am not!), shareholders of both GRPN and ZNGA can fuck themselves inside of Greek bathhouses, located in San Fransicko. I don’t need to YELP, nor play games with The Facebook. “The Fly” has huge fish to fry in the fields of corn.

The Catastrophic Drought of 2012 is leaving many thirsty without water. As I water my cactus with a bottle of Fiji, I ponder about my prospects in MOS, LNN and CRESY. Also, it’s worth mentioning, I am causing great panic amongst the short sellers embedded in ALJ. I am here to outstrip and decapitate you, without regard for human life or decency.

EVERYTHING that I do is based upon profit. Do you bitches realize how lucky you are to be involved with a person, such as myself? I introduce you to strange men, named Chuck Bennett and speak of myths, with regards to “The Devil.” Without me, your lives would be pathetic and entirely vacuous of merit.

My cash position is down to 20%, as foretold in the halls of iBankCoin yesterday. My plate is full and I intend to eat a great deal of farmer, with rapacious hunger.