Fly Buys: $ARGS, $VICL, $SPCB

Allocating funds into speculation, not because I am attracted to it, but because I can.

I bought ARGS, VICL and SPCB, with ARGS being my favorite of the 3.

SPLK is $100 rollin’ this morning. For you home gamers unfamiliar out there with the industry term: it denotes a stock breaking the magical $100 threshold, by which its avarice for further upside movement gains rapidly, typically leading to a slam dunk trade up to $104-106.

Dear Stock Gods,

Please induce the misfits at Seeking Alpha or Citron Research to write scathing articles about YELP and SPLK. Whisper to them devastating rumors and kindly ask them to provide the public with information that might scare them into selling both stocks, especially since SPLK just “missed” earnings. Embolden them to become dastardly, aggressively negative on these companies and I will forever be in your debt.

Also, if I might be sold bold, can you please wash the memories of people who read Seeking Alpha, so that they will not remember this, this and of course this?

That’d be great, thanks.

Silly me, I almost forgot this.

10,000 praises to the all exalted stock Gods. I shall sacrifice three goats and one elderly human in your honour.

Boldly and unforgivingly,

Le Fly

You’d be surprised by my answer, the man who sold 2 million shares of FTK at $4.5, or the guy who blew out of YELP in the $60’s. More recently, I sold out of CRTO, only to see it skyrocket higher. By the way, CRTO is a major competitor to GOOG Adsense and should be considered in every long term portfolio.

But let me tell you my answer, quite frankly, I couldn’t care any less about selling stocks that go higher than you catamites care to fornicate.

The market is the ultimate challenge for me. Sure, it’d be nice to just sit back, slothing about the office like some guy from Blackrock, lazily managing money in the name of “long term investing.” But “The Fly” isn’t about that life, frankly. He’s about driving the Mack Truck filled with positrons into the god damned building filled with hydrogen bombs. Each and every time I sell a winner, I am motivated to find another one. You plebs should take note of this and use it to your financial advantage. I’ve been given a talent, bestowed down to me by celestial beings, under the auspices of financial engineering, to make money trading equities. I don’t care for options, bonds or anything else for that matter. I take money, leverage it to the hilt, and hit lotto.

Top picks: EZPW, SALE, SPLK

I sold out of EGO because it bored me. I am looking to make a “lateral move” into an illiquid biotech stock. I wish the damned company had some people trading its stock. But, it’s a new issue and no one knows about them yet. I cannot buy too much, since the float is ridiculously small. I will offer updates later on today.

The market seems to be uneasy, as Russia edges towards THE UKRAINE with 150,000 unhardened soldiers and 800 tanks, most of which will probably break down on the side of the road before they can get any action. This is a Russian affair and the Ukraine shouldn’t stop you from your god given claims on a decadent lifestyle, funded by a never-ending, spiraling higher, stock market.

Almost all of my positions are lower this morning, after looking good earlier on. I am very stressed over this development. Can’t you tell?

Perhaps the stock Gods will strike me down with 10,000 lightening bolts one day for mocking their sell offs. However, such a day is not today; therefore, and this goes without saying, I shall go take some breakfast and continue my reckless spending habits immediately thereafter.

I sold out of two long term positions, WM and PEP, and bought more BLOX, MA and SALE with the proceeds.

I wouldn’t worry too much about the social upheaval in Crimea. As I recall, the market did just fine during the glory days of the cold war. Any escalation by the Russian Federation should be considered “bullish” for equities and a positive for defense contractors, who’ve just been unjustly violated in the most horrendous ways, by vagabond politicians, via cuts in funding. Very sadly, our defense budget barely surpasses ALL WESTERN NATIONS– combined– defense budgets, which onto itself is disgraceful.

JCP, SHLD and BBY look “dreamy” this morning, coinciding nicely with my long retail thesis.

Futures are firming up and I look forward to buying more BLOX on the opening dip.

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

With TJX, BBBY, ARO, just to name a few, ripping higher, it’s fair to say retail is back. What’s interesting about this move is the fact that retail has sucked for about a year. Before we get the reality of spring sales, the fantasy of a better than expected result lives.

Here are some dogs worth a look, with three month returns.

COH -13%

LULU -24%

NUS -33%

ZQK -11%

FWM -56%

BONT -42%

CONN -41%

JCP -39%

BBY -34%

ULTA -29%

FIVE -27%

ARO -26%

KKD -24%

EXPR -24%

GNC -17%

TFM -16%

BBBY -13%

DSW -12%

Here’s the play. Buy your favorite dog into the spring thaw, when rumors of private equity buyout and consumer revival are at their highest. Then sell, mind you, before that fantasy gets debunked. Ultimately, this is a game of expectations. For now, I am betting on GNC, BBBY and SALE. However, I do like ULTA and EXPR too.

What a wonderful rally we had. Now there is nothing left but dust and ash.

I am waiting for a delivery of a chesterfield sofa and couldn’t care less about the market today. I’ve tasked you with trying to educate yourselves about the stock market and was just checking in to see how that’s going for you?

By the looks of it, it appears I am having some money stolen away from me, with EZPW lower. Gold and silver are weak; therefore, EGO is down. NUS is down because momo names have stalled. And the rest of my fanciful group of clodhoppers are tap dancing down a flight of stairs, just waiting to break a neck.

Once again, I don’t care.

I know SALE, GNC, BBBY, BLOX and even EZPW will trade higher. It’s only a matter of time before the fairy tale becomes the reality.

In the meantime, I am prepping my ASCO buy list and will begin nibbling on names, like IMUC, over the next several weeks, all coming to a climax in mid-May. It’s going to be fantastic!

The most common mistake amongst independent investors is their laziness to find new names to invest in. So many of you suckas are fixed on a dozen stocks. You believe, with whimsically childish stupidity, that you are to become “experts” on said stocks and can trade them forever. In the meantime, our friendly bankers are spitting out IPOs faster than a whore can pull a trick in the South of Bronx.

Do yourself a favour and study the market. Expand your horizon until you know every single stock that is publicly traded. That’s right, suckas, you should have a round about knowledge of every single stock that trades.

Moving on, FSLR is in the “fag box.” What a terrific miss. I’d stay away from that bastard of a company for at least a few weeks.

Biotech is where the hot money is now. As I mentioned in the previous post, start preparing for ASCO, which entails buying cancer related biotechs ahead of the May conference. Now is a good time to begin building positions. I intend to buy 3-5 biotech stocks and then, summarily, blow them out into the fervor created by the shoe cobblers at CNBC– assisting me with their circle jerking sponsorship of ASCO.

Happy hunting.