Sell Silver!

(found 12 matches)
(Includes long and short, average volume > 25k. ETFs included.)

No. Ticker Industry 2-week Return
1 GPL Silver 56.16
2 CDE Silver 28.15
3 AG Silver 22.44
4 SLW Silver 20.86
5 EXK Silver 20.77
6 SSRI Silver 14.52
7 SIL Silver 14.43
8 PAAS Silver 13.71
9 SVM Silver 13.54
10 MVG Silver 7.53
11 HL Silver 2.50
12 MGN Silver 1.71

The above are the returns of silver stocks listed in The PPT, over the past two weeks! Unlike Senator Cement Head, who was saying to sell silver near recent lows and shit, I am suggesting to take profits and let the proceeds sit in cash. This, as you know, is conservative and responsible money management. Frankly, some of us are cut out for the job, others are better off sticking to dogmas.

Good day.

I’d be lying if I said “I know exactly what is going to happen over the next 48 hours,” so I won’t. The market is throwing out mixed signals. Therefore, I’ve put a freeze on all new buys and have opted to sip on high end champagne, whilst the market decides a clear direction.

You must understand, with today’s wins, “The Fly” is now up to the tune of 10%, highs for the year. I am conducting myself as any decent gentleman would, with dignity and honor. iBankCoin is the 5 star resort of this fucked up financial web, routing fuckers from Muddy Waters as if that shit made any sense in the first place (see CCME).

The bottom line: I am 25% cash, heavily long OPEN, APC, BORN and PSUN. My next move will be my greatest move of all time. Bank on it.

Whether I am early or exactly on time, it doesn’t matter. I have decided to take profits on my precious metal trades, based upon the laws of the rubberband. I still hold a minor position in EXK. However, with the majority of the proceeds, I went to cash. Speaking of which, my cash position is now 25%. Although I did nibble on some OPEN, ARO and PSUN, my cash horde is so much more impressive. You should see me now, marching on top of millions, ripping out vertebrae for sport.

On the subject of spines, BORN is scheduled to report earnings today. I have no idea what the numbers will look like. However, I do know Chinese people drink a lot. And, I do know that wealth creation correlates well with beverage consumption, so does rural to urban migration. All of these trends are in favor of BORN annihilating numbers. However, they’re Chinese, so who knows?

Since my last post, the shares of CCME erased a 15% deficit and are now up 3%.

Bottom line: “The Fly” is rotating, as planned. He endeavors to outstrip you in every sense of the word. Bet against him, lose your house, kids and ability to maintain an erection. Fuckers.

Again, no position in CCME. But, you have to be fucking shitting me. Seriously, take a look at this and tell me where the SEC is on all of this? How the fuck can shareholders sleep at night, knowing there is some fucking guy, from some fucking blog, spewing out this shit!?! This cannot be verified and HAS TO BE FAKE.

CAVEAT: If this is real, well then, Chinese fuckery is alive and well.

I added to my OPEN position and started a new one, buying PSUN.

UPDATE: I added to PSUN and bought ARO.
Disclaimer: If you buy the above stocks because of this post, the next time you walk your dog a stray pitbull will eat it. And, you may lose money.

I trimmed back on my gold/silver holdings, as planned.

I sold 10% of my AG, 50% of my EXK and all of my NGD and AZK positions.

Do not be surprised or chagrined if we goose stepped higher today, in the face of $100+ crude. I don’t know about you, but I’ve been brainwashed by my television to believe higher crude is good for my life. I believe, thanks to the voices in my radio, that higher commodity prices means I am “rich as fuck.” So, the higher crude goes, the better I feel about myself. Hey, I’ve also been taught to believe when the dollar goes lower that’s actually a good thing. On a daily basis, I find myself rooting for antiquity. I’d like to see some sort of gold standard, if only for a day or two, so that my gold/silver stocks could appreciate and allow me to drive in Maybachs and buy Gretzky houses.

It’s not a secret: America is only cool because we have laser beams floating around in outerspace that can disintegrate its enemies. If it wasn’t for our military, barbarian hordes would overrun this fucked up nation and rape everyone. They’d fucking BBQ the men and enslave the women. They’d take the holy rollers and twist their heads off like Coca-Cola bottles.

Enough about America. Let’s talk about Libya.

Those jackasses are fucking with the zen of America, by way of oil disruption. Do not be surprised if President O’bama rips off his mask and reveals his true identity (George Bush), then proceeds to “secure the skies” of Libya, for the benefit of a few kickass oil tycoons.

Look, I need to run along now, as I am burdened with the responsibility of managing many, many millions of dollars for spoiled brats.

NOTE: It appears BZ‘s earnings were good.

Perhaps the Mayans and their stupid calendar were right. The world is really about to end, amidst clouds of black smoke and bustling metal. The geographic tinderbox, better known to you as “the middle east,” is literally on fire. Before you know it, Israel says “fuck it” and sends their invisible bombers to Tehran for a picnic. As this happens, Saudi Arabia is knee-deep in civil war, led by Bin Laden’s disciples. Western oil will be controlled, eventually, by hardened terrorists. ROFL.

When this occurs, oil will be so expensive your eyes will bleed from looking at it. You will need to only glance at the price, in order to preserve whatever vision you have left. Your heads, in the literal sense, will be used as punching bags by rogue warlords in your neighborhoods, as America descends into anarchy.

A great man once said “we’re addicted to oil.” Well, if that’s the case, what happens to said addict when they try to get off the toxic substance? The party is over. Prepare to suffer a great deal.

I speak of all this nonsense, as if I was 10x inverse, fucktard related, short the market, vis a vis Direxion weapons of financial disaster. But I am not. “The Fly” is a simple man with modest needs and goals.

For example, just today I wired $350,000 to an independent contractor in Huntsville for development of the world’s first ever “orbital space cannon.” Upon completion, I will be able to target my readers, with laser precision (literally), for instant vaporization. How cool is that?

Based upon the Sun, Moon and the stars, all spoken to me by celestial beings located inside our milky way, the stock market will eventually go to zero. It will not matter what stocks you find yourself in, for all of them will be loaded to the gills with liquid nitroglycerin.

Look, imagine you were a bird. You are walking around the Estate grounds and spot a nice pile of breadcrumbs. Interested, you walk over to said crumbs, chirping along the way (chirp, chirp, chirp). You bend your neck for a taste and a fucking roadside bomb detonates, tearing your physical frame to shreds. Not an ounce of stupid bird left.

Happy trading.

As an aside to today’s fucked up tape, why do southerners eat pork fat sandwiches? I am not talking about pork meat with a little fat. Those dixie fuckers eat the pork belly like gluttonous slobs. Make no mistake, something is wrong with those people.

The market got hammered today, as fears of the middle east unraveling into an unfixable shit heap festered the pigeon sized brains of investors. Saudi Arabian tanks in Bahrain is not exactly what we need to calm down the oil markets. At this point in time, I can only endorse a heavy gold/silver position. I am long other names, almost as a hedge against a cessation of violence. Should things simmer down, stocks like OPEN will rip heads off.

Which leads me to my next point: Seeking Alpha epitomizes rogue journalism. How many times have those assholes manipulated share prices vis a vis washroom analyst hit pieces? Today’s victim was OPEN. I will not attempt to rebut his argument, as it is absurd. Basically, this jackass is claiming a free restaurant reservation model will emerge and eat away at OPEN‘s margins. BULLSHIT. I told you before, the only real threats to OPEN is Yelp.com and Tripadvisor.com. Both of those companies have opted to partner with OPEN, instead of competing. God willing, OPEN will solidify their position by buying both companies. If they do that, OPEN is going to (wait for it) $300 per share.

For the day, it appears I lost less than 0.2%. Anytime you can lose nothing as the market gets clawhammered, it’s a good day indeud.

I bought 10,000 AZK.

Disclaimer: Fuck with me.