It is our fearless leaders birthday, in honor of this, I present a “Dick Guillotine Cake.” I implore you all to leave a note or two, on the The Fly’s twitter, preferably with homo-erotic undertones, e.g.: “happy birthday big guy;),” “I hope you got EVERYTHING you wanted.” etc.
So….What’s going on out there in the market land? Well, more of the same bullshit, no real news, people being cautious. So here are some thesis’
Current Longs That Are Making Me Crazy:
ZNGA and YELP, I just want to get rid of them and get it over with.
Longs I Am Happy With:
AAPL, I would love to add to this position if I could get the hell out of the above two!!!! I really think that this stock goes way higher, ~$700′s and a great sign was the new CEO, Tim Cook, would forgo $75 million in dividend income on his preferred shares. here, http://www.businessweek.com/news/2012-05-24/apple-ceo-to-forgo-75-million-dividend-from-stock-awards
I have 5 other small-cap longs that are value plays, DrBigBoss and I are working on full write-ups for them and will look to post them here in the coming weeks.
ZSTN, this is a seriously fucked sideways Chinese fraud, that as I mentioned in an earlier post, was recently pumped by a skinny dick asshole on Seeking Alpha. I am short an egregious amount of this piece of panda shit, and the next time they have to report earnings, or anything involving the SEC they will more than likely hit close to zero, as they did recently when they disagreed with and fired their auditor. Thus, being delisted from the NASDAQ to the pink sheets.
If we get a rally, but things still look shaky in Europe, I will look to short GMCR, FSLR, NFLX. The first two are no brainers, NFLX, has reached it’s streaming content peak, and there are far too many options out there. I am actually cancelling my membership today, Why you say? I can buy movies faster on DirectTV or on XBOX Live, both of which I already pay for, and when the film is something I want to actually play on a Blu-Ray to get the best sound/picture, I will just order the movie to Red Box, which is 3 blocks away. I have no need to pay $30 a month to have 3 disks just sitting around, as I rarely have time to watch such things.
That’s it, more or less it. I, being a veteran, will look to remember my fallen brothers, as is my right. I only ask of you, that while you are having a wonderful weekend with family and friends, please realize said luxuries are not rights, and that there are men and women who have given the ultimate sacrifice and continue to put themselves in harms way so that you may enjoy friends, family, food, and drink.
To all my boys from the 3/325 and 2/508, All The Way, Airborne, Let’s Go, Fury From The Sky!