Update on La Casa del Fly

This is an update to bring you up to speed with the great trials and tribulations of managing La Casa del Fly.

So the contractor came, not the usual guy. I hired a friend of a friend, and unfortunately, he works alone. The good news is he does not employ lots of idiotic illegal Mexicans. The bad news is it takes him 3x as long to do anything, due to the quality of his workmanship.

The plumber took a look and surmised the upstairs bathroom is no longer routing into the main. Essentially, that fucker “went rogue” and is simply pouring freely into the foundation of the house, the wall, floors, whatever. The upstairs bathroom is no longer restricted by asshole “water prisons” aka pipes. As a result, water is all over the outside, garage, and most egregiously, under the downstairs bathroom tiles and throughout the entire downstairs Brazilian Cherry floors. The bathroom is not an issue, since I want to upgrade it anyway. However, if I am interested in preventing a fucking black mold from permeating the plywood under the wood floors, I may need to rip up the fucking floors, in order to let it dry out. ROFL

This shit is so funny, especially since we have all sorts of parties planned in the near future. I can’t wait to see the look on peoples faces when they go to the bathroom and find nothing but beams and exposed sewer pipes.

Trust me when I say, this all bodes well for stock market gains. The more black mold the better. As a matter of fact, fuck this house entirely. “Knock it down and try it again,” is my motto.

It was also funny hearing the contractor pitch me cheap price points from his quarry supply, as if I need that shit. I imagine people nickel and dime him often, mainly because people are fucking idiots, always trying to rip someone off. Look, if the guy does good work, who am I to nickel and dime him, in order to save a few thousand dollars? If you want to save money, eat rats for dinner.

The way I see it, if you want something of quality, you should pay up for it.

I swapped out of VLO for CVI

Some of you are familiar with my handiness around the House of Fly. When it comes to fixing things around the house, I am a destroyer. There is nothing that can stop me from fucking shit up. A few weeks back, I had my bathroom tiles steamed, which in turn caused the grout to travel yonder down the pipe until it cemented it shut. Being the handy man that I am, I took it upon myself to “correct” such egregious circumstances.

Mission accomplished.

Fast forward several weeks to today and there is water seeping through the downstairs bathroom tiles, into the foundation of the fucking garage. Fully cognizant of creating a masterpiece of household destruction, I opted to call my general contractor, so that he could laugh at me and my plights. However, at the moment, he is not interested in calling me back. So here I am contemplating fixing this shit myself, knowing full well if I do, the entire house will be flushed away in some sort of plumbing catastrophe.

When the shower is operating upstairs, it sounds like a pleasant waterfall downstairs, almost as if there were no pipes at all!

All of this, AND MORE, usually precedes EXTREME personal winship in the stock market. There is a certain order to things, a give and take if you will. The universe is now taking from me, in a most unusual fashion, setting up for a large monetary gain.

Crack spreads are up 3.5% this morning and the spread between Brent and WTI crude is now over $15. It’s only a matter of time now. The question is, will “The Fly” have a house left by the time his positions reach full potential?

Developing…

Western Refining did a presentation for RBS today. Here are my back of the napkin notes.

Their source of crude, from Eagleford Shale and Permian Basin is cheaper than Brent or Gulf oil, especially from Eagleford, due to lack of proper pipeline infrastructure. This crude is not able to flow freely into the Gulf. Therefore, it trades at a discount, to the great benefit of their El Paso refinery.
It will take at least 2 years to build a pipeline from Eagleford to the Gulf.
The new crude coming from Canada to Cushings is also a benefit to them, further exacerbating the spread between Brent and WTI.
Their stated goal is to take all available free cash flow to pay down debt. They want to improve their credit rating.
The #1 priority is to pay down the 10 3/4% and 11 1/4% floaters.
One of their main markets is Phoenix, ideal market for refinery due to demographics.
It is their belief that current 321 crack spreads are sustainable for years to come. This is not an anomaly.
The management of WNR has a large stake in the company, alongside shareholders, owning 41% of shares outstanding.
The idled refinery at Yorktown will either be sold, in order to pay off debt, or restarted, in order to take advantage of current spreads. However, the spreads on the East Coast are not nearly as profitable compared to what they are seeing at El Paso.

So the imbeciles in D.C. debated for a month over budget cuts, only to slash by $38 billion. What a fucking joke. How did these clowns get so much power? Our government is a dictatorship, bought and sold by special interests. The people do not wield any power, so why take part in the process?

Wake me up when the guillotines are transported to Washington D.C., to punish those who have committed treason against the people of the United Steaks of Amerika (sorry, I went to public school).

After early losses, the market reversed and went higher. Despite crack spreads falling today, refinery related shares recovered. In order to cover my bases, I bought a little ALJ for novelty. It is the least owned by institutions and well positioned to profit from these insane spreads. As I write this, I am up just 0.3% for the day. However, remember, I am preparing a stew, not some Chinese stir fry shit. I have all the ingredients in place and have placed the heat real low, in order to allow the flavors to release—at their full potential.

Naturally, if I am wrong about this stew of mine, I will need to eat my own hands, in order to avoid starvation. But that’s a market, so quit acting like you know anything.

Let me close with this: if you have never made or lost a million dollars in the market, you are not qualified to offer “The Fly” financial advice. Understand, this is the bare minimum of qualifications, in my book. You can be a great little “swing trader” and make lots of cute picks. But you’re not in the same league as me, pal—so fuck off. You’re playing school yard stick ball, while I’m hitting grand slams out of Yankee stadium.

Into the bell, I am liking this oil sands play, WG, into melt up mode.

I bought 10,000 ALJ.

[youtube:http://www.youtube.com/watch?v=Txh5tn4B3fE 616 500]

We’re setting up for another weak trading session. This is starting to become a pattern. As an aside, new issue ARCO should be coming public. I rarely get involved with new issues. However, these fuckers sell Mcdonald’s to unsuspecting people in South America. They are the largest Mcdonald’s franchisee in Latin America. What’s not to like? I will be putting ARCO to the top of my buy list, providing the ipo doesn’t go “dot com stupid” on the first day of trade.

Crack spreads are up again this morning; but it may not make a difference. It seems people want to sell, regardless of the news. Well, to be fair, the news is always bad. I guess some of that toxic information is permeating the psyche of “rich as fuck” money managers. Even so, they have dog brains and will be buying the dips shortly. You can pretty much count on that.

Aside from my refinery holdings, there is nothing that I am emotional about right now, which means I may start selling some stuff in order to raise cash. If my stocks cannot go higher, I have no interest in seeing them go lower. Having said that, I do realize the importance of allowing my stocks to breathe a bit. If the losses are less than 10%, there is little reason for me to flip out and start shredding portfolios.

“The Fly” is preparing for EXTREME grandeur. I am not talking about your regular run of the mill caviar and champagne dinner party extravaganza. I am talking about making so much money, that your arm involuntarily punches random people in the face spectacular. My position is so potent, so concentrated, I emanate electricity, shocking anyone who comes within 40 yards of my domain.

Yes, it’s true, “The Fly” steps out of his car and pisses on yours at red lights and he drops anvils on your trailer park, from his space rocket.

I stepped out today in search of fantasy and all I got was a lesson in non-fiction. The simple facts are this:

1. You cannot compete with me on any level.
2. Your analysis is made for retarded midgets with small arms, like dinosaurs.
3. I am several centuries ahead of you in cognitive development.

While you deviants walk the Earth in search of herpes, “The Fly” is checkmating you, through iron stake to the skull.

In closing, crack spreads are up another 6.5% today, now approaching $29. THERE IS NOTHING ELSE WORTH DISCUSSING. Stocks like WNR, VLO, ALJ, HOC, DK, TSO and CVI are poised to move higher, lighting short sellers on fire with refined kerosene.

I am sick and tired of waiting for fun and exciting shit to happen. I am getting the fuck out of this place.

Off for fun filled adventures, with space clowns and perverted gorillas.

Developing…