This is the best market of our lives. You will never trade in a market as predictable as this one. Many years from now, you will tell stories of this tape to your grandkids, who would have read about this era in their history iPads, curious about the people who were blessed with the gift of euphoria.
It’s euphoria in the morning, decadence in the afternoon, and hedonism in the evening. That’s all I have to say about the matter.
Have a great weekend.
The market can cradle my balls. I am up another 1% today, non-stop action to the upside. I feel like Ivan Drago and the market is my Apollo Creed.
It was a good idea holding onto the large capped stuff, as they’re all higher today. Tis is the season for retail and BBBY, MA, GNC and SALE are my plays.
Let’s not forget my largest position, EZPW, going bananas to the upside today, likely banking revenues off of the heirlooms of the deprived and depraved.
Who can ignore the reversal in IFON? It is the preferred “iFON” for the indigenous people of South America, playing football in the Amazon and on the equator.
What else can I say? Not to come off as immodest or anything like that, but are you doing as well as I am? I seriously doubt it. Even if you were, it doesn’t count, since your little accounts are of little consequence. They don’t even register with the IRS; that’s how meaningless they truly are.
With biotech getting its teeth kicked in, even my EGRX is green.
I remind you of these wins, on days like today, so that you might learn from your past trespasses upon Señor Tropicana, the man who travels well in a time machine.
May you be off now and sin no more.
How very kliche of the market to klassicly reverse lower after sucking klowns into the fold. I could start bragging about the fact that my stocks are higher, save a few here and there; but “The Fly” is above bragging and has decided to be modest.
To be immodest is to be a devil.
Top picks: SB, IFON, EZPW.
The jobs report was better than expected. Couple that with the fact that the George H.W. Bush Carrier Strike Group is heading for the Black Sea, probing the Russians in the hopes of entering into armed conflict so that our children can fight for liberty in The Ukraine (ROFL), my sense is this market goes “full cocaine” to the upside, snorting all the way to the bank.
Bet against it all you like, you stupid bastards. The American oligarchy is permanently housed in their harems, collecting coin off the backs of the underclass. This is how the world has worked for 50,000 years, dating back to the cro-magnon days.
FEYE priced an add-on offering at $82. This is your chance to get in. Gold and silver are back in the “fag box” and the world as we know it is fantastic.
Be gay (no homo) and enjoy your Friday.
GOOD NEWS, America: The kind Judge presiding over “The Justin Beiber case” has announced, after consulting with his conscience, that Justin Beiber’s penis shall remain anonymous. After all, the kid has a “right to privacy” in this grande land of ours.
This came as barbaric news to the homosexuals in the media, who clamored for a peak of Beiber urinating into a cup. They feel it is within their rights, as tax paying Americans, to see the penis of Justin Beiber. I’m not sure if it’s because he’s a Canadian alien, or just because they would like to see it. One thing is for certain, however, the tape will leak to TMZ and the world will get to see it, whether they want to or not.
I could very easily segue this commentary with an end of times rant (a classic one too, one for the ages), based off the denigration of society, a modern day Sodom and Gomorrah–hoping for flash floods, mind-boggling disease, and/or devilish volcanos enveloping the land and its citizenry. But I shall not lower myself to such a predictable course of action. Always remember, God damn it, I am a Doctor of Journalism and should be treated with some respect.
In summary, ahead of a very important jobs number, Justin Beiber’s penis WILL NOT be shown, officially, by the government, despite it being a “matter of public recourd.”
I only made 0.6% today because stocks reversed and went lower. I know your machines tell you a different story. But stocks were lower today. Rest assured, young lads, “The Fly” would never lie to you.
Biotech was weak and a few of my play money positions took a breather. Is it the end of the world? No.
Chinese lottery stocks were ape-strong to the upside. The Option Addict has been all over them and solar. This is a very speculative tape. The money is sloshing about from one place to the next. Where will it stop next?
I WILL TELL YOU EXACTLY WHERE IT WILL LAND, YOUNG LAD.
It’s going to land, yet again, on the shippers–like a belly flop from 1,000 feet.
QED.
I sold BLOX, SPCB and leveraged up some more to add to the above positions.
We are seeing a real divergence in the market today, with mainstream stocks getting hit and low brow, under the radar, degenerate stocks ripping higher. This has all of the wonderful trappings of a market top, at least in the interim. You’re probably wondering why I am not selling stocks. The answer is quite simple, almost infantile.
Well, I have a bit of an issue selling out of my large cap holdings in BBBY, MA, GNC and others, just to raise cash and leave me stranded with a bunch of lunatic biotech names. Believe you me, I love how these mad cappers are trading now and feel as if I were bullet proof, as if I could literally punch a hole through a subway car and rip people out from their “decadent seats.”
But you and I both know, this isn’t going to last. It never does. The market will top, fantastically, and begin a decline that will utterly crush the souls of those leveraged to the hilt in low brow stocks. During my illustrious career of ignoring new business opportunities and not cultivating important client relationships, each and every time I got caught holding the bag— it was a bag filled with feces.
These are the decisions you are faced with today: raise cash and wait for the dip that never comes. Or, continue your reckless buying spree into illiquid hobo stocks. Or, do the opposite of what everyone else is doing and bore yourself to death by buying some MA, GNC and BBBY here, do nothing whilst all of the cool kids make bank in a wide array of lottery stocks.
I am very happy to report to you that I have zero cash, leveraged at 140% of assets (a new record!!!) and own a pastiche (no homo) of large cap names, nicely paired with several, mind you, ghetto stocks, which has resulted in an intra-day gain–thus far– of 2.3%.
(tips hat, runs over homeless man with 1980′s style stretch limo)
Huge earnings beat today. Trust me, no one is talking about IFON’s “iPhone”, dubbed “Very Kool”, sold as a premium electronic device to the innocent people of South America. They’ve carved out a nice niche. Look at these numbers.
SAN DIEGO, March 6, 2014 /PRNewswire/ – InfoSonics Corporation (IFON), the provider of verykool®wireless handset solutions and tablets, today announced results for its fourth quarter ended December 31, 2013.
“We are pleased to report a second consecutive quarter of profitability,” said Joseph Ram, president and CEO of InfoSonics. “Sales in the fourth quarter grew 40% over the same quarter last year, gross profit grew 48% and operating expenses declined by 26%. It was a record quarter for verykool® products in terms of both sales dollars and units shipped. Unit shipments during the quarter rose 96% compared to the prior year and resulted in another record year with over 1.9 million units shipped during 2013. We are beginning to see a higher overall demand for smartphones, and are adjusting our portfolio of products accordingly. In 2014, we also plan to increase our sales efforts in the United States.”
InfoSonics reported net sales for the 2013 fourth quarter of $11.9 million, which represented a $3.4 million, or 40%, increase from $8.5 million for the fourth quarter of 2012. The Company reported growth in a number of geographical areas including Mexico, Puerto Rico and Peru, as well as increased sales to private label customers in EMEA and APAC. Unit shipments during the quarter nearly doubled compared to the prior year, and the average selling price declined by 28% as carrier customers in Latin America purchased more low-end feature phones. Net sales for the year ended December 31, 2013 amounted to $37.9 million, which represented a $3.6 million, or 11%, increase from $34.3 million for the 2012 year. Excluding the $2.7 million of distribution sales in the first quarter of 2012, the quarter in which the Company ceased its third-party distribution business, sales of verykool® products during 2013 grew by $6.3 million, or 20%, compared to 2012.
Gross profit in the fourth quarter of 2013 was $2.0 million, a 48% increase over $1.4 million in the 2012 fourth quarter. The gross profit margin as a percent of sales in the fourth quarter of 2013 rose to 16.9% compared to 16.0% in the 2012 fourth quarter. Gross profit for the year ended December 31, 2013 amounted to $6.9 million, a $136,000, or 2%, increase from $6.8 million for the 2012 year. The gross profit margin as a percent of sales for 2013 declined to 18.3% from 19.9% in the prior year, reflecting an increase in the sale of low-end feature phones at lower margins during the year.
Operating expenses in the fourth quarter of 2013 were $1.9 million, a decrease of $654,000, or 26%, compared to $2.5 million in the 2012 fourth quarter. This reflects a $176,000, or 10%, decrease in SG&A expenses and a $478,000, or 69%, decrease in R&D expenses. Operating expenses for the year ended December 31, 2013 amounted to $8.1 million, a $1.2 million, or 13%, decrease from $9.3 million for the 2012 year, reflecting decreased bad debt and other expenses, partially offset by increased legal fees, and substantially reduced R&D expenses incident to the Company’s restructurings during 2013 of its China-based development team.
Net income for the fourth quarter of 2013 was $125,000, or $0.01 per share, compared to a net loss of $1.2 million, or $0.08 per share, in the fourth quarter of 2012. The net loss for the year ended December 31, 2013 was $597,000, or $0.04 per share, compared to a loss for the year ended December 31, 2012 of $2.5 million, or $0.18 per share.
At December 31, 2013, the Company had $2.4 million in cash, $15.9 million of net working capital and no outstanding indebtedness. Cash and restricted cash balances declined by $3.9 million compared to the December 31, 2012 balances primarily as a result of the growth in receivables and prepaid inventories.
This stock is going much, much higher, to at least $10.
CRTO is doing an offering, which is good for your losers trying to buy in. Look, you missed the run because you didn’t know what CRTO did. It’s not your fault, as you are busy tossing the trash and getting cappuccinos for your boss. But truth be told, if you’re going to be in this business, you should be doing a lot more research. When I was younger, a small punk new to the business, I lived on the Bloomberg terminal. I hogged it like it was my personal property and would scowl at others who interrupted my learning experience.
If you have the money, I strongly suggest getting a BBG terminal for your office. It will open up a new world to you, one where information drives your decisions not voodoo.
I keep thinking about RVNC, regretful for not buying yesterday. These guys are making topical botox cream. If approved, AGN will probably buy them for multiples of what it’s trading for today. Can you imagine how many women and vain men would use it, if it was delivered via cream and not needle? Huge.
The bulkers were upgraded this morning, specifically SBLK, NMM and PRGN. Ignore the specificity of the calls and understand that Capesize rates leapt by another 6% this morning, above $22,200 per day. Again, huge.
Biotech and bulkers. That’s all I have for you this morning. Now get to work.
This is the best market of our lives. You will never trade in a market as predictable as this one. Many years from now, you will tell stories of this tape to your grandkids, who would have read about this era in their history iPads, curious about the people who were blessed with the gift of euphoria.
It’s euphoria in the morning, decadence in the afternoon, and hedonism in the evening. That’s all I have to say about the matter.
Have a great weekend.
The market can cradle my balls. I am up another 1% today, non-stop action to the upside. I feel like Ivan Drago and the market is my Apollo Creed.
It was a good idea holding onto the large capped stuff, as they’re all higher today. Tis is the season for retail and BBBY, MA, GNC and SALE are my plays.
Let’s not forget my largest position, EZPW, going bananas to the upside today, likely banking revenues off of the heirlooms of the deprived and depraved.
Who can ignore the reversal in IFON? It is the preferred “iFON” for the indigenous people of South America, playing football in the Amazon and on the equator.
What else can I say? Not to come off as immodest or anything like that, but are you doing as well as I am? I seriously doubt it. Even if you were, it doesn’t count, since your little accounts are of little consequence. They don’t even register with the IRS; that’s how meaningless they truly are.
With biotech getting its teeth kicked in, even my EGRX is green.
I remind you of these wins, on days like today, so that you might learn from your past trespasses upon Señor Tropicana, the man who travels well in a time machine.
May you be off now and sin no more.
How very kliche of the market to klassicly reverse lower after sucking klowns into the fold. I could start bragging about the fact that my stocks are higher, save a few here and there; but “The Fly” is above bragging and has decided to be modest.
To be immodest is to be a devil.
Top picks: SB, IFON, EZPW.
The jobs report was better than expected. Couple that with the fact that the George H.W. Bush Carrier Strike Group is heading for the Black Sea, probing the Russians in the hopes of entering into armed conflict so that our children can fight for liberty in The Ukraine (ROFL), my sense is this market goes “full cocaine” to the upside, snorting all the way to the bank.
Bet against it all you like, you stupid bastards. The American oligarchy is permanently housed in their harems, collecting coin off the backs of the underclass. This is how the world has worked for 50,000 years, dating back to the cro-magnon days.
FEYE priced an add-on offering at $82. This is your chance to get in. Gold and silver are back in the “fag box” and the world as we know it is fantastic.
Be gay (no homo) and enjoy your Friday.
GOOD NEWS, America: The kind Judge presiding over “The Justin Beiber case” has announced, after consulting with his conscience, that Justin Beiber’s penis shall remain anonymous. After all, the kid has a “right to privacy” in this grande land of ours.
This came as barbaric news to the homosexuals in the media, who clamored for a peak of Beiber urinating into a cup. They feel it is within their rights, as tax paying Americans, to see the penis of Justin Beiber. I’m not sure if it’s because he’s a Canadian alien, or just because they would like to see it. One thing is for certain, however, the tape will leak to TMZ and the world will get to see it, whether they want to or not.
I could very easily segue this commentary with an end of times rant (a classic one too, one for the ages), based off the denigration of society, a modern day Sodom and Gomorrah–hoping for flash floods, mind-boggling disease, and/or devilish volcanos enveloping the land and its citizenry. But I shall not lower myself to such a predictable course of action. Always remember, God damn it, I am a Doctor of Journalism and should be treated with some respect.
In summary, ahead of a very important jobs number, Justin Beiber’s penis WILL NOT be shown, officially, by the government, despite it being a “matter of public recourd.”
I only made 0.6% today because stocks reversed and went lower. I know your machines tell you a different story. But stocks were lower today. Rest assured, young lads, “The Fly” would never lie to you.
Biotech was weak and a few of my play money positions took a breather. Is it the end of the world? No.
Chinese lottery stocks were ape-strong to the upside. The Option Addict has been all over them and solar. This is a very speculative tape. The money is sloshing about from one place to the next. Where will it stop next?
I WILL TELL YOU EXACTLY WHERE IT WILL LAND, YOUNG LAD.
It’s going to land, yet again, on the shippers–like a belly flop from 1,000 feet.
QED.
I sold BLOX, SPCB and leveraged up some more to add to the above positions.
We are seeing a real divergence in the market today, with mainstream stocks getting hit and low brow, under the radar, degenerate stocks ripping higher. This has all of the wonderful trappings of a market top, at least in the interim. You’re probably wondering why I am not selling stocks. The answer is quite simple, almost infantile.
Well, I have a bit of an issue selling out of my large cap holdings in BBBY, MA, GNC and others, just to raise cash and leave me stranded with a bunch of lunatic biotech names. Believe you me, I love how these mad cappers are trading now and feel as if I were bullet proof, as if I could literally punch a hole through a subway car and rip people out from their “decadent seats.”
But you and I both know, this isn’t going to last. It never does. The market will top, fantastically, and begin a decline that will utterly crush the souls of those leveraged to the hilt in low brow stocks. During my illustrious career of ignoring new business opportunities and not cultivating important client relationships, each and every time I got caught holding the bag— it was a bag filled with feces.
These are the decisions you are faced with today: raise cash and wait for the dip that never comes. Or, continue your reckless buying spree into illiquid hobo stocks. Or, do the opposite of what everyone else is doing and bore yourself to death by buying some MA, GNC and BBBY here, do nothing whilst all of the cool kids make bank in a wide array of lottery stocks.
I am very happy to report to you that I have zero cash, leveraged at 140% of assets (a new record!!!) and own a pastiche (no homo) of large cap names, nicely paired with several, mind you, ghetto stocks, which has resulted in an intra-day gain–thus far– of 2.3%.
(tips hat, runs over homeless man with 1980′s style stretch limo)
Huge earnings beat today. Trust me, no one is talking about IFON’s “iPhone”, dubbed “Very Kool”, sold as a premium electronic device to the innocent people of South America. They’ve carved out a nice niche. Look at these numbers.
SAN DIEGO, March 6, 2014 /PRNewswire/ – InfoSonics Corporation (IFON), the provider of verykool®wireless handset solutions and tablets, today announced results for its fourth quarter ended December 31, 2013.
“We are pleased to report a second consecutive quarter of profitability,” said Joseph Ram, president and CEO of InfoSonics. “Sales in the fourth quarter grew 40% over the same quarter last year, gross profit grew 48% and operating expenses declined by 26%. It was a record quarter for verykool® products in terms of both sales dollars and units shipped. Unit shipments during the quarter rose 96% compared to the prior year and resulted in another record year with over 1.9 million units shipped during 2013. We are beginning to see a higher overall demand for smartphones, and are adjusting our portfolio of products accordingly. In 2014, we also plan to increase our sales efforts in the United States.”
InfoSonics reported net sales for the 2013 fourth quarter of $11.9 million, which represented a $3.4 million, or 40%, increase from $8.5 million for the fourth quarter of 2012. The Company reported growth in a number of geographical areas including Mexico, Puerto Rico and Peru, as well as increased sales to private label customers in EMEA and APAC. Unit shipments during the quarter nearly doubled compared to the prior year, and the average selling price declined by 28% as carrier customers in Latin America purchased more low-end feature phones. Net sales for the year ended December 31, 2013 amounted to $37.9 million, which represented a $3.6 million, or 11%, increase from $34.3 million for the 2012 year. Excluding the $2.7 million of distribution sales in the first quarter of 2012, the quarter in which the Company ceased its third-party distribution business, sales of verykool® products during 2013 grew by $6.3 million, or 20%, compared to 2012.
Gross profit in the fourth quarter of 2013 was $2.0 million, a 48% increase over $1.4 million in the 2012 fourth quarter. The gross profit margin as a percent of sales in the fourth quarter of 2013 rose to 16.9% compared to 16.0% in the 2012 fourth quarter. Gross profit for the year ended December 31, 2013 amounted to $6.9 million, a $136,000, or 2%, increase from $6.8 million for the 2012 year. The gross profit margin as a percent of sales for 2013 declined to 18.3% from 19.9% in the prior year, reflecting an increase in the sale of low-end feature phones at lower margins during the year.
Operating expenses in the fourth quarter of 2013 were $1.9 million, a decrease of $654,000, or 26%, compared to $2.5 million in the 2012 fourth quarter. This reflects a $176,000, or 10%, decrease in SG&A expenses and a $478,000, or 69%, decrease in R&D expenses. Operating expenses for the year ended December 31, 2013 amounted to $8.1 million, a $1.2 million, or 13%, decrease from $9.3 million for the 2012 year, reflecting decreased bad debt and other expenses, partially offset by increased legal fees, and substantially reduced R&D expenses incident to the Company’s restructurings during 2013 of its China-based development team.
Net income for the fourth quarter of 2013 was $125,000, or $0.01 per share, compared to a net loss of $1.2 million, or $0.08 per share, in the fourth quarter of 2012. The net loss for the year ended December 31, 2013 was $597,000, or $0.04 per share, compared to a loss for the year ended December 31, 2012 of $2.5 million, or $0.18 per share.
At December 31, 2013, the Company had $2.4 million in cash, $15.9 million of net working capital and no outstanding indebtedness. Cash and restricted cash balances declined by $3.9 million compared to the December 31, 2012 balances primarily as a result of the growth in receivables and prepaid inventories.
This stock is going much, much higher, to at least $10.
CRTO is doing an offering, which is good for your losers trying to buy in. Look, you missed the run because you didn’t know what CRTO did. It’s not your fault, as you are busy tossing the trash and getting cappuccinos for your boss. But truth be told, if you’re going to be in this business, you should be doing a lot more research. When I was younger, a small punk new to the business, I lived on the Bloomberg terminal. I hogged it like it was my personal property and would scowl at others who interrupted my learning experience.
If you have the money, I strongly suggest getting a BBG terminal for your office. It will open up a new world to you, one where information drives your decisions not voodoo.
I keep thinking about RVNC, regretful for not buying yesterday. These guys are making topical botox cream. If approved, AGN will probably buy them for multiples of what it’s trading for today. Can you imagine how many women and vain men would use it, if it was delivered via cream and not needle? Huge.
The bulkers were upgraded this morning, specifically SBLK, NMM and PRGN. Ignore the specificity of the calls and understand that Capesize rates leapt by another 6% this morning, above $22,200 per day. Again, huge.
Biotech and bulkers. That’s all I have for you this morning. Now get to work.
18