Category Archives: Fly Buys

I sold out of my EXK position for a 10% win, booked on just a one week hold. My right hand man, ChessnWine, was buying MNST last week and had members of 12631 get in. Yeah, fuck with us.

At any rate, I am continuing the path set forth a week ago, embedding myself in “grandpa stocks,” as it is my custom to do so. Through habit and good form, I’ve always felt it was my right to trail-blaze a path for the less cerebrally fortunate. As such, I am here to tell you the money you are looking for is in fact hidden in catacombs, guarded by men in wheeled chairs.

These people know me very well and welcome me into their world. After selling my EXK position, I got a tip from a 120 year old man, who said, and I quote “ABV is paying a nice little dividend and everyone in Europe is drunk and stupid.” He then started beating his orderly with his oak cane. But let’s not get into that right now. So I bought a little ABV, on this dip right here.

Just like my EXK purchase, solely based upon the OVERSOLD readings in The PPT; ABV is being flagged as OS in our 3 mo algo.

Look, I am facing a rather large battle this week, one that can make or break my year: YELP earnings. I have 30% of my assets locked away in YELP, fully exposed to the caprices of their eccentric, but sharp, CEO: STOPPELMAN.

For the day, thus far, I am up 1.1%.

FLY BUY: AAPL, P

By The Fly – Fri Apr 27, 2012 1:51pm

I added to AAPL and started a new position in P.

Fly Buys: EXK, NXPI, WNR

By The Fly – Thu Apr 26, 2012 11:18am

I added to my positions, most tenderly in NXPI due to earnings being reported today after the bell. Although I am bullish on NXPI, due to their AAPL exposure, I fucking hate earnings.

Fly Buy: AAPL, NXPI

By The Fly – Wed Apr 25, 2012 9:52am

I bought AAPL and NXPI.

Tough Tape

By The Fly – Mon Apr 23, 2012 4:12pm

Nothing is really working, not even Kellogg’s. I bought some EXK this afternoon based upon SHOMP. Over the past 12 months, The PPT has been flawless in flagging oversold readings for EXK.

See for yourself.

It was small purchase, just 3% of assets. As you know, all of my investable dollars are tied up in YELP, CPST and WNR; but I am 50% cash. I’ve always said “this european shit scares me, it rattles my bones.” And it still does.

The idea of the euro collapsing is too much to bear, frankly. The thought of the entire financial system failing is at best cartoonish– totally devoid of reason, only equal to the declaration of war against magnificent northern masters by the original terrorists: the confederates, long, long ago.

My best guess says we gap lower tomorrow, pushing the weak into crevasses. Margin liquidations will be abundant, as Senor Tropicana follows through on his promise to purchase them!

The Most Unbelievable Thing is Just Around the Corner

By The Fly – Mon Apr 23, 2012 2:00pm

Surprisingly, our markets are holding firm, following the nazi 3.3% wipe out today. The theory is Germany gets fucked when the euro collapses. Therefore, logic dictates, sell German stocks with reckless abandon.

Are you people out of your fucking minds?

Haven’t we seen this movie before? I know the ending. We get all jumpy, worried about the future of some fucking bozos in Madrid. Then at the last second, like magic, they get bailed out and the markets scream to new highs. Does anyone sincerely believe this will not happen?

But there’s a process, I know. So we need to sift through the horseshit and make believe the whole game isn’t rigged. Let’s just pretend this is capitalism and we’re just going to have to take the hits. Then when the pain gets too serious, we’ll call for a time out and ask for the remedy.

Into diving markets like this, I tend to gravitate towards gold/silver. I’ve been meaning to buy some for the past two weeks and prices have only gone lower. So I think I will buy a little EXK today, if only to feel as if I am doing something constructive with my life as a manager of money. I will buy a little and do so with great alacrity, starting now.