The Biotech Bubble is Real

1,936 views

I don’t care how many cures for cancer there are in development. Nothing warrants this sort of run in biotech, with the sector now up 31% for the year. More than 15 biotechs are up double digits today, led by gains in JUNO, KITE and FOLD. Looking at the sector makes you want to go out and pick the next one, laggards. For example, AGIO was down for the year, until today. KITE and BLCM were lagging, not anymore.

I took this overzealousness to blow out of my NRDM position, a position that I managed to turn a 30% loss into a 20% profit through sheer hard headed averaging down. I got lucky and now I am hitting the bricks.

I will keep the other medicine man stocks in my portfolios because they are real companies, with real drugs, heading higher. SGEN, ICPT and JAZZ are my largest biotech holdings. GILD and AMGN are my largest drug holdings and quit calling them fucking biotechs. Their market caps are upwards of $100 billion. Sure, I’d love to grab one today and sell out with a 30% profit tomorrow. But The PPT Exodus hybrid chart is at the very top end of the range, a prelude of some selling to come.

One day this sector is going to blow up and kill a bunch of people. Don’t think it can’t happen to you–because it can and it will.

With some of the NRDM proceeds, I added to BABA and MUSA.

Dabbling a Bit in the Orient

2,693 views

I had bought BABA much higher than present values. There isn’t much to like or “enjoy” about China. I am not particularly fond of its stupid history, government or its food. I do, however, like the company of American chinese people and favor American chinese food over the vegetable laden crap that some of you mentally ill liberals deem as “authentic chinese food” or “real.”

In other words, I do not like China. I feel it is a country wrought with systemic corruption, a cesspool of liars and thieves trying to outdo one another in order to attain absurd wealth. Nonetheless, there is one company that I feel will curry the favor of our investors over a period of time. This period of time might be 1 week or 1 year. But, eventually, Americans will buy the shit out of BABA.

Why?

Because it is the pure play on Chinese consumerism. It is the sole way to play the transformation from man in a coolie hat to man being driven about town in his brand new Buick. Yes, for some odd reason, the Chinese love a good Buick.

With immense scale, free cash flow, government clout, and a CEO with a head shaped like a football, there isn’t a way BABA doesn’t work higher, eventually.

As such, I added to my position here today, reducing my basis to $91. I will buy more on dips.

NOTE: To finance this trade, I booked profits on SKX.

To Hell With These Guys

2,859 views

I reduced my HABT position and will keep limit orders in place to make it a small part of my future. Fuck being emotionally attached to a company that spits in the face of its after-market shareholders. There are too many great companies out there to get hung up on a concept or a single name. Regrettably, I’d love to have sold at $36; but it wasn’t in the cards for me. I had no way of knowing they’d pull this shit, so I am dealing with the situation with fresh facts on the ground.

With some of my cash, I started a position in GRUB. With GRUB, you have several things working in your favor.

1. They are the Uber of food delivery.

GRUB doesn’t just add restaurants to their app. They employ a fleet of drivers and physically deliver the food to your fat, fucking, mouths. They take 10% of sales from participating customers.

2. The price of gasoline is going lower. I hate oil stocks here and feel the price of crude is about to take another leg lower. Being in the business of driving cars about town, cheaper gasoline is a direct benefit to GRUB, just like it is for PZZA and DPZ.

 

Cashing Out

4,005 views

Yes, I am selling into the hole here. The very last thing on the fucking planet that I intend to do is repeat last year’s fuckery. As such, I am merely taking precautions, cutting some losses, booking gains.

I sold out of FMSA, EMES, FL and some SLCA.

I have sell orders in for a few other names, with an intent to raise enough cash to allow me to eat yams all day long and talk shit on the computers.

 

I AM EVACUATING MOSCOW

2,838 views

Comrades,

Due to recent events in and around the Kremlin, “The Fly” had made an immediate exit from The Russian Federation. In no way does this have to do with President Petrov and his disregard for our President, Frank Underwood. As such, I’ve parted with my positions in QIWI and YNDX. Although I believe both are cheap stocks, the political climate isn’t worth the risk holding these stocks through fascist news flow.

In addition to YNDX and QIWI, I sold out of WFT.

With the proceeds, I bought FL, MD and WYN.

God speed, I am back in America, buying silly American sneaker companies, who sell overpriced Air Jordan’s to stupid teenagers.

Never Sell Short Hamburgers

2,567 views

I never quite understood why some of you disliked HABT. I guess it’s because you didn’t like the buns, or maybe the catsup. Too many carbs for your liking. The idea of selling short HABT is treacherous to me, on a multitude of levels.

For one, considering the demographic HABT is catering to, it’s literally impossible for this business to fail, long term. They’d have to be supreme idiots to not make selling fatty meat to Americans a successful venture. The core of the HABT story, as well as SHAK, is the vanguard assault on the catamites who sell rubber hand-burgers: MCD. They are part of a cadre of higher end hamburger chains that were built for the sole purpose of deposing the old guard, both Burgered King and McDonald’s.

Now listen to me closely. It’s never a good idea to suggest someone “sell short HABT” if and when it breaches a magical price level. People, this is a real business in a very real and hungry world. Like a quality Bordeaux, some ideas take time to ripen and develop into something special. This, my distinguished guests from the internets, is exactly that.

Aside from my renewed confidence in HABT, I am boolish as hell on QIWI, YNDX and NDRM here. The only move I’ve made, as of today, is sell out of the remainder of my WRE position. I feel rates will climb. Therefore, REITs will suffer.

“The Fly” Is Deploying Parachute

2,496 views

Listen to me. I sold out from my airplane stocks, not because I hate them, but because I have fell in love with something else. It’s not the airlines fault that I am leaving them, but my own. As such, I booked gains on both AAL and JBLUE and made what appears to be a ‘lateral move’, gobbling up shares of WFT and Russian mafia firm QIWI.

That’s right, I’m back in the well, full Russian.

Moving Past Oil

1,751 views

I sold out of OXY for a $3 gain, despite oil firming up today. As you readily know by now, I started a position in JBLU, bulking up on airliners, which also contains an AAL position. My largest oil positions are SLCA and PACD, both of which I intend to hold for high prices. I am not beholden to oil and see no reason to play asshole parlor games at a time when other sectors offer steady returns without having to enter Dante’s seventh ring of hell.

For example, I started a position in MD today. There is a stock that simply glides higher. It doesn’t hurry itself or run about the sewer pipe ever other day. It merely comports itself the way a gentleman stock should, with grace and certainty.

On the other hand, my hamburger stock, HABT, which has been nothing less than a vulgar excuse for speculation since its IPO, is beginning to exhibit signs of life. This is likely due to the fact that several peers have reported positive results and people are beginning to understand how badly MCD sucks.

Thusly, I am up 0.5% for the day, hoping to extend my god given rights to MOAR by the end of the day.

I AM NOW A FOREIGNER

1,968 views

I sold PEIX and replaced it with VALE.

I also added to my YNDX position, making it a top 3 holding.

The Biotech Bubble is Real

1,936 views

I don’t care how many cures for cancer there are in development. Nothing warrants this sort of run in biotech, with the sector now up 31% for the year. More than 15 biotechs are up double digits today, led by gains in JUNO, KITE and FOLD. Looking at the sector makes you want to go out and pick the next one, laggards. For example, AGIO was down for the year, until today. KITE and BLCM were lagging, not anymore.

I took this overzealousness to blow out of my NRDM position, a position that I managed to turn a 30% loss into a 20% profit through sheer hard headed averaging down. I got lucky and now I am hitting the bricks.

I will keep the other medicine man stocks in my portfolios because they are real companies, with real drugs, heading higher. SGEN, ICPT and JAZZ are my largest biotech holdings. GILD and AMGN are my largest drug holdings and quit calling them fucking biotechs. Their market caps are upwards of $100 billion. Sure, I’d love to grab one today and sell out with a 30% profit tomorrow. But The PPT Exodus hybrid chart is at the very top end of the range, a prelude of some selling to come.

One day this sector is going to blow up and kill a bunch of people. Don’t think it can’t happen to you–because it can and it will.

With some of the NRDM proceeds, I added to BABA and MUSA.

Dabbling a Bit in the Orient

2,693 views

I had bought BABA much higher than present values. There isn’t much to like or “enjoy” about China. I am not particularly fond of its stupid history, government or its food. I do, however, like the company of American chinese people and favor American chinese food over the vegetable laden crap that some of you mentally ill liberals deem as “authentic chinese food” or “real.”

In other words, I do not like China. I feel it is a country wrought with systemic corruption, a cesspool of liars and thieves trying to outdo one another in order to attain absurd wealth. Nonetheless, there is one company that I feel will curry the favor of our investors over a period of time. This period of time might be 1 week or 1 year. But, eventually, Americans will buy the shit out of BABA.

Why?

Because it is the pure play on Chinese consumerism. It is the sole way to play the transformation from man in a coolie hat to man being driven about town in his brand new Buick. Yes, for some odd reason, the Chinese love a good Buick.

With immense scale, free cash flow, government clout, and a CEO with a head shaped like a football, there isn’t a way BABA doesn’t work higher, eventually.

As such, I added to my position here today, reducing my basis to $91. I will buy more on dips.

NOTE: To finance this trade, I booked profits on SKX.

To Hell With These Guys

2,859 views

I reduced my HABT position and will keep limit orders in place to make it a small part of my future. Fuck being emotionally attached to a company that spits in the face of its after-market shareholders. There are too many great companies out there to get hung up on a concept or a single name. Regrettably, I’d love to have sold at $36; but it wasn’t in the cards for me. I had no way of knowing they’d pull this shit, so I am dealing with the situation with fresh facts on the ground.

With some of my cash, I started a position in GRUB. With GRUB, you have several things working in your favor.

1. They are the Uber of food delivery.

GRUB doesn’t just add restaurants to their app. They employ a fleet of drivers and physically deliver the food to your fat, fucking, mouths. They take 10% of sales from participating customers.

2. The price of gasoline is going lower. I hate oil stocks here and feel the price of crude is about to take another leg lower. Being in the business of driving cars about town, cheaper gasoline is a direct benefit to GRUB, just like it is for PZZA and DPZ.

 

Cashing Out

4,005 views

Yes, I am selling into the hole here. The very last thing on the fucking planet that I intend to do is repeat last year’s fuckery. As such, I am merely taking precautions, cutting some losses, booking gains.

I sold out of FMSA, EMES, FL and some SLCA.

I have sell orders in for a few other names, with an intent to raise enough cash to allow me to eat yams all day long and talk shit on the computers.

 

I AM EVACUATING MOSCOW

2,838 views

Comrades,

Due to recent events in and around the Kremlin, “The Fly” had made an immediate exit from The Russian Federation. In no way does this have to do with President Petrov and his disregard for our President, Frank Underwood. As such, I’ve parted with my positions in QIWI and YNDX. Although I believe both are cheap stocks, the political climate isn’t worth the risk holding these stocks through fascist news flow.

In addition to YNDX and QIWI, I sold out of WFT.

With the proceeds, I bought FL, MD and WYN.

God speed, I am back in America, buying silly American sneaker companies, who sell overpriced Air Jordan’s to stupid teenagers.

Never Sell Short Hamburgers

2,567 views

I never quite understood why some of you disliked HABT. I guess it’s because you didn’t like the buns, or maybe the catsup. Too many carbs for your liking. The idea of selling short HABT is treacherous to me, on a multitude of levels.

For one, considering the demographic HABT is catering to, it’s literally impossible for this business to fail, long term. They’d have to be supreme idiots to not make selling fatty meat to Americans a successful venture. The core of the HABT story, as well as SHAK, is the vanguard assault on the catamites who sell rubber hand-burgers: MCD. They are part of a cadre of higher end hamburger chains that were built for the sole purpose of deposing the old guard, both Burgered King and McDonald’s.

Now listen to me closely. It’s never a good idea to suggest someone “sell short HABT” if and when it breaches a magical price level. People, this is a real business in a very real and hungry world. Like a quality Bordeaux, some ideas take time to ripen and develop into something special. This, my distinguished guests from the internets, is exactly that.

Aside from my renewed confidence in HABT, I am boolish as hell on QIWI, YNDX and NDRM here. The only move I’ve made, as of today, is sell out of the remainder of my WRE position. I feel rates will climb. Therefore, REITs will suffer.

“The Fly” Is Deploying Parachute

2,496 views

Listen to me. I sold out from my airplane stocks, not because I hate them, but because I have fell in love with something else. It’s not the airlines fault that I am leaving them, but my own. As such, I booked gains on both AAL and JBLUE and made what appears to be a ‘lateral move’, gobbling up shares of WFT and Russian mafia firm QIWI.

That’s right, I’m back in the well, full Russian.

Moving Past Oil

1,751 views

I sold out of OXY for a $3 gain, despite oil firming up today. As you readily know by now, I started a position in JBLU, bulking up on airliners, which also contains an AAL position. My largest oil positions are SLCA and PACD, both of which I intend to hold for high prices. I am not beholden to oil and see no reason to play asshole parlor games at a time when other sectors offer steady returns without having to enter Dante’s seventh ring of hell.

For example, I started a position in MD today. There is a stock that simply glides higher. It doesn’t hurry itself or run about the sewer pipe ever other day. It merely comports itself the way a gentleman stock should, with grace and certainty.

On the other hand, my hamburger stock, HABT, which has been nothing less than a vulgar excuse for speculation since its IPO, is beginning to exhibit signs of life. This is likely due to the fact that several peers have reported positive results and people are beginning to understand how badly MCD sucks.

Thusly, I am up 0.5% for the day, hoping to extend my god given rights to MOAR by the end of the day.

I AM NOW A FOREIGNER

1,968 views

I sold PEIX and replaced it with VALE.

I also added to my YNDX position, making it a top 3 holding.

Previous Posts by Dr. Fly
Fly Buy: $YNDX
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