First of all, go fuck yourselves, dumb bearshitters. Just because “The Fly” doesn’t incessantly espouse armageddon jargon, doesn’t mean it won’t happen.
Relax you stupid fucks; we’re currently aligned (Fly & Bears) and happily going lower.
With regards to [[MVIS]]:
Anyone talking shit about my staying power in the name should go fuck himself too. I don’t need to “hang on” to bullshit small cappers. I’ll be more than happy to blow this puppy out, sometime soon.
After the close, [[ORCL]] posted a blowout number. Good, I own it.
Finally, if a shotgun were put to my head, in order to extract one stock pick, I’d say: “shoot me Sir if you must, but before you do, go long [[EEV]].”
NOTE: I am not feeling all that confident on [[RIMM]] right now. The way the stock is trading, I’d avoid adding to the name, until after earnings.
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ho ho ho
be bop a lu bop
MVIS on top
Stocks are for retards.
…and assmonkeys.
fly = limp dick insect.
no staying power. swat.
Fuck you, goat fucker.
Fly’s be in MVIS for more than a year. All things must come to an end, especially when common sense is pounding on the front door–trying to get in.
This abrupt change in sentiment Re: MVIS is quite disconcerting. We all know it is a story stock, but why not wait until we see if the story does indeed play out? CES is one big milestone, but Tokman has always said year end 2008. Fly, yes, you got in early, but why bail now, or is it simply to lighten up?
WW:
I’m just venting. Who knows what I will do? Not even I know, what “The Fly” will decide to do.
He may buy more or sell it all, then kick his trader in the nuts.
Basically, in a bad market, holding weak stocks is a bad idea.
MVIS is a year away until making any big moves.
oracle and nike crushing.
oracle you can dismiss, but nike, which is about as middle of the road consumer discretionary as you can get?
…and best buy???
i am telling you ladies, this “OMG we are going into a recession” crap that spews out of CNBC is a load of shit. get your head straight and start thinking for yourselves.
Null
Look to the projected PE of the SP for 08.
fly do you really drive a lexus?
Yes, amongst other cars.
Null, what about Darden restaurants? What about Moody’s downgrade of debt? Don’t ignore the bad for the good.
You’ve mentioned 2 data points, when there are 100 other bad data points.
RIMM is my #1 short story for 2008.
I was thinking VMW as #1, but VMW had such a huge staggered start. VMW is currently my #1 short for 2009.
I don’t know. Maybe I’ll flip the two depending on the acceptance rate of Android, MS, and ORCL in Jan-Mar.
PS. I’m pressed by your +17% YTD since you fucking diversify so much.
Fly …. Does someone at “I Bank Coin” work at Minyanville too or is this copyright infringement?
http://www.minyanville.com/entertainment/
Mozilo & the tanned one …. Odd, No?
Fly/Wood-
i agree its not all “zip-a-dee-do-da” wonderful, we are slowing a bit; but my gut tells me that tech is still strong, the consumer isnt dead (even tho they should be), and all of this recession scare talk in the media is bullshit.
2 more points:
1. you know all those buildings they are throwing up in Chindia? they have to fill those buildings with crap. as much as i despise the phrase “global growth”, i think we have only seen the first phase of building and consumption in that area. look for commodity names to slow, and “crap” makers to take off.
2. if U.S. employment starts tanking, i will be worried. however, IMO, as long as everybody is still working, we are gonna be just fine.
I have faith in Helicopter Ben’s ability to print money. (I allow him that much).
We will not go into a recession, but look for balls to the wall inflation later in 2008 – 2009, if the Fed is forced to lower rates to 3%.
I have spoken.
Fly,
Your “shorts” are gonna get pulled down tomorrow. That is not a pleasant image for any of us (except for maybe newequity). Wish you were long this market…end of year rally has started. Rotsa Ruck.
“John”
null wrote:
if U.S. employment starts tanking, i will be worried. however, IMO, as long as everybody is still working, we are gonna be just fine.
1) That relationship used to hold, but what the numbers show is that consumer spending has been depending on paychecks plus debt. The home-equity well has run dry (can’t tell you how many cases I’ve seen where people are losing homes they bought 6-8-10 years ago, because the current debt on the house is twice the original purchase price). Credit card debt is in no position to replace home equity extraction.
2) People are employed, but the bulk of the nation is seeing growth in compensation that barely tops the official increase in the CPI. Strip out the increase in the value of medical insurance benefits, and you find that wage growth doesn’t even match CPI growth for most workers. Use a more realistic measure of inflation, and paychecks are actually shrinking.
3) Consumer sentiment is in the dumps. See #1 and #2.
4) Those who were in the business of selling real estate or providing mortgages or securitizing mortgages or building houses or producing materials for construction are going to be working a lot less than even the current reduced levels.
I don’t see any growth engines in the US, and the big growth engines elsewhere in the world are organized to extract money from US consumers and will not readily perform the reverse function.
Nullpointer – agree with you on tech – across the globe.
Largest group of kids ever (1.3 billion) in the 10-19 age group that are all tech users.
Interesting take on tech –
http://www.useless-knowledge.com/1234/07may/article077.html
Massive short squeeze imminent.
baby bears working over time…cubs afraid of the dark tonight, they huddle together practicing their roar…bear markets kill the baby bears before the bull falls…hard to imagine the sun not coming up in the morning…if it is a 10-1 down day it would be a better buy than sale.
As far as tech goes- if the US educational system does improve, we will not be tech leader. There is a smarter labor force who will work for cheaper in Chindia. The top 25% of China’s college graduate outnumber the ENTIRE number of college graduates in the U.S. The ONLY thing the U.S. has right now is Intellectual Property rights. Soon, those will be eclipsed by the smarter kids in Chindia, if a paradigm shift does not occur soon in U.S. education.
Frosty, with more words of wisdom from the back of his shine box.
Shedder-
I assume you haven’t been on a College campus in some time, as you would aw-struck by the massive number of foreign students on US campuses.
It might also benefit you to look at the educational backgrounds of the leading engineers in companies such as AAPL,GOOG,RIMM,CSCO,etc…
Smarter kids in Chindia…. let me know when you need medical care, I will book your flight to “Chindia”.
On your “cheaper labor” call, take a look at inflation in Chindia. Their labor force won’t be considered cheap for long.
“The top 25% of China’s college graduate outnumber the ENTIRE number of college graduates in the U.S.”
Take a look at the sample size,
US population 301,139,947
China population 1,321,851,888
Fly, you back long FXI and ACH for a few days? rook rike nice-setups for rok n rol
anyone around tonight?
Fly,
Stick a tampon in your bleeding pussy and shut the fuck up. Look at the whole market, it’s in the shitter and that’s why mvis is down. You know may be you should let your wife blog until you find your balls. MVIS is in a HELL OF A BETTER POSITION than it was 8 months ago. Every day goes by the company gets stronger. AT promised a stand alone at the end of 08 and so far he has been on target. I don’t see any reason to doubt him. This is a BRAND NEW concept just like IPOD was 5 years ago, so we better make sure it’s right. AT has convinced MOT and Novalux, Osram and corning on the light module side, Visteon and two other auto integrators for HUD and one major OEM to put this shit together for us. These are more importand than whiney little bitches like us share holders including you, no matter how many fucking shares you own. Believe me I’d much rather have my mustach hair pulled off one hair at a time than wait for MVIS to announce something. But, so far what I’ve gotten from AT makes me feel like he is a sincere manager and he is try his 200% to get us to a SUPERBOWL victory. So, mean while just stop your bitching and wait, this is prolly the best investment you’ll run across.
kd.
Please don’t punch my mustach off for being rude.
I remember visiting several years ago some of the college campuses that my daughter wanted to attend. I remember Cornell and Brown had many Chinese students running around. I bet one out of four at Cornell was Chinese. The colleges love them because they pay full tuition with a direct wire from Beijing into the registrars office.
Cheese-you might be surprised at my knowledge of current campus demographics. Foreign students come to America for the opportunity that comes with living in the US, as much as for the education they receive. Eventually, there will be similar opportunities in their home countries. However, my remark was primarily centered on K-12 in America, and not college.
The infrastructure is being built, and the governments are shifting policy overseas. If this continues, you do understand that it is democratic ideals and opportunity that make America popular. If this model comes to frution in Asia, why leave home (China or India) for America when there are opportunities abounding in one’s own country?
You missed the point re: China’s best graduates vs. the entire U.S. college population. The point is, sure China’s top 25% would love to come to America and work for GOOG. Problem is, there will not be enough opportunity for the other 24 million. So, we will be competing with many many many very talented and smart Chinese graduates who are willing to work cheaper and with fewer benefits. Same for India. What is to keep the Intellectual Property from being created by a Chinese Bill Gate, or Steve Jobs?
Sure, the US has always been a magnet for talent and the best and the brightest, and it will continue to be so. However, the global labor pool is expanding, and if you have a larger labor pool with a better education, eventually other countries will be overwhelmed by the sheer geometric growth.
As I stated initially, the US education system needs to improve. To be clear, I am speaking primarily about K-12.
As for medical care, which you brought up, I just heard a story on the radio about Americans going to Asia to receive operations (liver transplant, I think?) because it was 1/5 cost of the procedure in the U.S. and the facilities and talent was similar. Do you really think the ONLY good doctors come to America? Do you think that China and India only keep the Doctors that no other country wants? There are Doctors across the globe that are very talented, and are watching patiently as the infrastructure is built and the government and economy matures enough to support a better standard of living in their own countries.
Finally, I’ve noticed that the global growth bulls emphasize the positive side of the global growth story, but are not willing to accept the negative side. That negative side is that as Asia strives to create governments and economies that function similarly to the American economy, eventually some segments will be successful, and they will be direct and fierce competitors of the US.
Shed – that was the least gay thing you’ve ever written. Just kidding, it was sorta gay.
In all seriousness, you highlight an interesting phenomenon: our American arrogance. Many Americans believe, to our collective detriment, that we are superior to the rest of the world.
I can understand why this is the case. The past seems to indicate our superiority viz education, health care, standard of living, mortality, tech innovation, rap music, etc.
But as we all know… past performance may not be indicative of future results.
I think we are pretty darn sick, frankly — bankrupt financially, morally, and musically.
http://www.minyanville.com/articles/MER-GS/index/a/15270/from/yahoo
Boomer. That was an exceedingly, exceptionally, extraordinarily gay thing to write. And damn accurate. Bravo your gay self.
I don’t know what you all are so worried about. Let me tell you that the boys and girls who come from Chindia to get educated in the US are the sons and daughters of the elite of their countries and are generally speaking also the brightest with the most promise. Then, you also got smart kids going to Europe, Japan, Russia, etc. The rest of the kids stay at home in the universities there. Now, when they come over here or go to other industrialized nations, just like our brightest kids, the Chindies get exposed to McDonalds, Michael Jackson, Madonna, 50cent and the like. I say have no fear because when these kids go home to Chindia, they will be just as fucked-up as our kids here. And who do you think will be the political and business leaders Chindia, the US, etc?
Buylo, that’s some funny stuff….lmao….
Ducati is a weird and sick individual.