SILENCE: UP 6%, GO HOME

FBOOK to file ipo and I am long egregious amounts of GSVC. Don’t.say.a.word.

Shhhh.

Long GSVC, GMCR, DMND, FSLR, SFLY, SODA.

Winship.

I reduced my cash position to just 5% this morning, something I rarely do. Why?

I am interested in the prospects of GMCR, based on the SBUX K-Cup sales reported last night. Basically, business is booming and GMCR is heavily shorted. I was long this name back in the old days, before it got popular. I was drinking K-Cups when you were mixing sandy Sanka into your disheveled coffee mugs. If you haven’t figured it out by now, “The Fly” aka Plutonium Petey is a bear-killer. I hunt them and cut their heads off, light their bodies on fire, use the flames to spark my cuban cigars (I smuggled 10 boxes in from Turks and Caicos last summer).

Despite the softness of the market, I am rippppping higher, led by FSLR.

I sold out of my MWW because the CEO is an imbecile and doesn’t know how to annunciate words of the English language. I warned you 2012 was going to be the year of “The Fly”; and here I am, up 10% for the year, bowling on my enemies because I like knocking down pins.

I started a new position in GMCR and added, lightly, to both SFLY and DMND.

Disclaimer: If you buy the above stocks because of this post, the next time you are on a date, walking through a park, you will get struck by lightening. And, you may lose money.

I sold out of MWW.

Oh no, GDP came in a bit lighter than expected. Couple that with the fact that everything is doomed, the market might trade down by 50 points today. I am sure Ben Bernanke is sitting in his living room, in a frenzy, watching CNBC and saying “what in the world am I going to do now?”

In all seriousness, a good 5% pullback would be healthy for the market in order to consolidate recent gains and flush out the weaker hands. That will give the true buyers a chance to get in at respectable levels. We all want to own FOSL, CLF and other such names, but lower.

Even though I have only 15% of my assets in cash and I am long a variety of high beta, cocaine fueled names; I am prepared to invest every single cent, AND MORE. I am prepared to leverage up, whilst eating deep fried Big Mac sandwiches, drunk off southern moonshine.

Looking at the SBUX numbers, I am impressed with their K-Cup sales of $100 million in two months. Of course this is the beginning of their K-Cup excursion, which might have been the reason for a little overzealousness. However, it’s impressive nonetheless, especially since they hardly marketed their K-Cups due to supply constraints. This is a small aspect of GMCR’s business but may be the tell or the clue that speaks to a bigger story. I am becoming increasingly positive on GMCR sub $50.

In the meantime, it’s a rainy Friday morning and the market is soft like tits. I will be buying dips.

Longs enjoyed clawhammers to the skeleton today, as the market reversed sharply lower from its highs. Here in the whimsical world that is “The Fly”, I was obliterated in MWW and took a punch with SODA. But my losses were completely offset by gains in FSLR, DMND, GSVC and SFLY. I realize you are all betting against me and pray to half-horsed demons to bring about my downfall; but I am not like you. My inventory runs deep and my holdings are pristine.

As of late, I’ve been getting quizzed by some of the mezzo cito about my holdings, followed up with lowly remarks. I post every single buy and sell here and my portfolio, in its entirety, is listed inside The PPT–accompanied by time stamped transactions–for the explicit purposes of transparency. If you are unable to read every single post on this place of industry, do not feel it to be your right to question what I am doing. Always know, “The Fly” runs hot, very, very hot. Things worthwhile today might be discarded tomorrow. In my opinion, stocks are nothing more than conduits to make money on directional trades, long or short.

We should trade lower; but we will likely trade up. The Federal Reserve is very much interested in reflating until they can reflate no more.

As you devour healthy deep fried hamburgers and slices of breaded pizza, be cognizant of the Clam, for he is bearded and wins often.

I am holding this “Monsta” only because the purblind CEO made me laugh, through his ignorance on the conference call, but only for a day. I will likely cut losses tomorrow. I was up on the position going into today, so the losses will not be more than 11%–unless it follows through tomorrow.

Now I sold out of DECK this morning, which is something I didn’t want to do. I believe the analysts could be wrong on this name, with their bearish sentiments due to the warmer weather. However, my appetite for earnings plays has waned, considerably, following the MWW de-cocking. DECK was a large position and it went to cash, at a 10% loss.

With some of the proceeds, I tripled my SFLY position, for a squeeze play. And, as it is my custom to do so, I averaged up in DMND and down in GSVC. If you are new to the hallowed halls of iBC, you should become aware to the fact that only GSVC withstands my impulses. I’ve held it through thick and thin and have remained a loyal servant to its distinct vagaries.

Having said that, the market is overheated and poised to pullback. Perhaps if I keep saying that, it might come to fruition. We’ve had numerous chances to correct, but to no avail. The market is being operated by viagra induced baboons.I would not be surprised to see us trade lower, only to trap overzealous shorts with the introduction of the ominous Black Flag.

Top picks: SFLY, FSLR, DMND

I tripled my position in SFLY and added to both DMND and GSVC.

I sold out of DECK.

I am listening to the CEO of MWW and he sounds like some jerkoff I used to avoid when I lived in Brooklyn. Without a doubt, he is an idiot of the first order. I can’t believe I am caught long this stock into earnings. They missed eps and guided lower. I will most likely sell it, in order to move on.

Playing earnings can be gratifying, only if you are exactly right. I am sure NFLX longs are pleased today. But let’s face it, buying stocks ahead of earnings is gambling. I swear, listening to this guy makes me sick. “How ya doin. This is some guy ovah at Monsta and our earnings sucked cock. Nevertheless, I’m gonna make money, incrementally, as this economies gets betters. Also, we’re doin shit in Brazil and China and with governments, globally–so fuck you, okay?”

Ughhh.

Futures are up and my losses should be offset by my other positions. Maybe, just maybe, MWW is cheap enough to hold, with the hopes that someone will buy them and put this jackoff CEO out of his “fuckings miseries.”

More importantly, I have nuts to roast today, via DMDN. I am looking at a few new stocks, but would prefer to buy them AFTER a dip. I am bullish and love what the market is doing; but let’s face it, this is madness. The market will correct, as it always does. It always feels orgasmic just before death.

Remember that, fuck-face.