“The Fly” is busy buying corporate bonds. After all, it’s not like the government will ever let big companies go bust. And, even if they did, no way they have the balls to let the bond holders eat dirt.
I’m allocating some of my cash (5%) to a myriad of corps, trading at a discount. I am buying CAT finance 7.15%/2019’s, GE Capital 4.8%/2013’s and T 5.5%/2018’s.
Truth be told, I am delighted to see many of your bullshitters get taken to the dry cleaners today, heavily starched, lightly ironed out. You treaded heavy and got caught stuck on the stupid pole, long asinine stocks, into a 25% lift.
You will pay for all previous affronts now.
Into the bell, “The Fly” is tempted to buy more FAZ and short more [[ACC]]. However, he will tame himself into eating a turkey sandwich instead. If you are sick of losing money and don’t know what to do, just quit and dedicate your time collecting aluminum cans. Quite frankly, I’m bored of bowling on you fuckers, week in and week out. I need to find a new hobby, like kicking unsuspecting old men down flood drains or teenagers down steep flights of spiked stairs.
Good times. Boat drinks.
UPDATE: I sold some of my SRS, purchased in the high 30’s/low 40’s at $43.55
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FIG
FAZ to zero . Odd no ?
Boat Drinks…cheers to Jimmy Buffett…no relation to the old fuck from Omaha. Seperately banks not acting too shabby into this decline…CPLA & APOL getting fucked like Nancy Pelosi at a young republican meeting in Tennessee.
Fuck the longs. Government is planning to file for chapt. 11 herself. Obama and his clown crew already found a place to hideaway with swiss accounts.
the fly wears white belts,$300 jeans and affliction t shirts
Hammer your way too happy..did you lose your meds again?
Not quite sure what to make of the bank stress test results delay. Is it because the asshats at the treasury know FAZ will punch them in the crotch?
If that’s the case, buy more FAZ before the results come out?
I’ll short FAS for him while he trains for cage fighting
because not shorting bank stocks is like not eating a clean shaved pussy.
Market is holding on to GS and MS coat tails. If they turn it will get very ugly
Another Cramer favorite getting hammered CELG
I love it
Cramer needs to be urinated on if seen in public…
Fly,
Cramer should not be discussed as everyone knows his picks are Bovesque.
Please Hammer don’t hurt ’em.
Cool.
Don’t forget to clip those coupons like my Great Grandfather used to do.
To hell with trading, time for alternative tactics: BearMarketStrategy
Fly, I thinkyou may be a little early on your sale of SRS. It has 80 in its future
I think stress tests were/are coming in “more worse” (LOL) than expected and the tenative plans for bank restructering need to be reworked. For example, buyers need to be found for KEY, HBAN, and FITB, … PGH National can’t take all of them.
Fuck Fly. He can eat bear meat sandwich off of you fuckers. He sells SRS when it’s going up? He suggested loading the boat on it when it’s going down. He buys SCO against his PPT’s opinion? I like cramer better, since he takes accountability for his calls.
Shut up your trannie.
I have loads more of SRS. I am simply reducing the position, since it has a tendency to act like you: retarded.
As for SCO: scores change loser. I am early to SCO, but will be correct.
BTW: I am up a buck on my SCO buy.
Fuck off.
3 PM Bank Talf Rally?
Don’t know why but it’s an excuse.
T MOE buys TWM at 65
T MOE shorts NNN at 16.96
You say Talf I say Tarp.
Tight stop on TWM with 5 min rule. Dip buyers may emerge here in the last hour
I just sold my BAC shares for a perverted gain. We’re going back to fuckery boys. Prepare!
8)
oh snap..i did’nt know fly sold some SRS at the bottom
thats just sad….we can revisit this later when CRE shits the bed
what a fucking pussy
fly is getting an upgrade to strong gay on this..stay tuned
IT Dept
Ban Weed, for he is unable to read and should not be allowed to peruse these Godly boards.
Thanks
Management
SRS hod
near low of the year
I remember when we used to play the Hurricane Forecast. My oh my …..
fly
stop it before you go bald and roll your sleeves up around your coked up buggy whip sized arms
Poof. I just smoked weed. He will be gone within minutes.
countdown.
this will prove what a pussy u are
Fly,
Although Abusive Father has no idea what he’s talking about, you need to take accountability for your calls. You say that you sold your SRS that was bought in the high 30s/low 40s. However, you picked a bunch up in the 50s and high 40s as well. People visit this site because they find your insights extremely intelligent and you obviously know your stuff.
We don’t care if you miss some calls. All the best do, but if you’re going to sugarcoat your trades, you’re going to lose viewers and your credibility and reputation is going to go to shit, which is the only thing that’s worth anything these days, especially on your own website.
THE TODD
My cost basis for SRS is about $47.
I said i sold the bottom shares, that were purchased in high 30’s/low 40’s you fucking imbecile.
Don’t you people know English?
This isn’t too hard people. I can’t hide, since i post every thing.
Bottom shares, idiots. Bottom shares.
I STILL OWN PLENTY OF SRS, GOAT LOVERS.
Like Magic:
Weed has been smoked.
Here comes the dip buyers!
Chanos is a genius…shorted these with him last week..CPLA & APOL & COCO…fucking lovely..perhaps a new harley for the weekend in Florida…fuck Obama and his skank grinch looking bitch wife.
Fly,
Any DUG here?
No. Only SCO for me.
Less fuckery.
the Fly is crying over what weed said, because he hit a sensitive nerve. Bottom shares? Since you’re so certain of your CRE death, then why dont’ you hold it until you break even. Yet, much like that of a pussy you close out shares? Take accountability a-hole. Why not sell some of the bottom FAZ shrs? (story developing…..)
Fly– FXP starting to get some traction here laddie…
Fine. But, you never said you sold “bottom shares”. And I didn’t know we were following LIFO rules here. Most people I know refer to cost basis. I’m not trying to slam your trades, just saying you shouldn’t sugarcoat.
Chanos??
Because my SRS position is worth more than your house, your mothers house, your fathers house (divorced), your sisters brothel and your wife’s boyfriends house combined.
Look you, I don’t need to explain how i work. All you need to do is shut the fuck up and play your position, which is in a very bad losing position—no doubt.
Anon– hello – one of the brightest guys on the street..Jim Chanos…check him out…look at stocks shorted mentioned above today…getting stabbed Charlton Heston style in the throat…
Someone tell me they own SFLY under $10
Are some of you losers long big today?
How is it sugar coating when i bitch and complain about being broadsided by it every 5 minutes?
Tell me, I’d like to know.
Saying that I reduced the position has nothing to do with my opinion on CRE. It has something to do with asset allocation, something that none of your babbling idiots know nothing of.
Fly – FXP — add more here..? contemplating…thanks
What does this sentence infer?
“I sold some of my SRS, purchased in the high 30’s/low 40’s at $43.55”
If you are not able to decipher what it means I need you to never visit iBC again.
I am busy fighting with yahoo message board people. Shhh.
does he have a blog…chanos that is..?
Evidently Fly uses LIFO on the SRS? Yeah, you purchased some SRS in the high 30’s and low 40’s. You also still have a bunch you bought all the the way down from $60.
Speaking of LIFO…can’t see the readership here sticking around for long to watch your bond plays, grandpa.
FLY:
When you say SCO has less fuckery than DUG is that because they have less exposure to Exxon?
Mars.
For the love On Balance Volume breakouts everywhere load the freakin boats with Shutterfly!
You know how long Hallmark ripped off the entire nation for generations?
Well SFLY is doing that but they are just starting. It’s like buying Hallmark in 1920.
Actually, I would like most of you to stop reading, starting with you. I am not in this game so that I may cater to morons.
Do yourself a favor and fuck off.
SCO is a short on crude directly—no equity exposure.
And when is this ever going to happen? Stupid economy.
http://www.rocketracingleague.com/
Mars.
thanks.
BTW: Selling a stock has nothing to do with tax purposes. Only idiots think about taxes when selling. For tax reasons, my SRS sale was a loss. However, it was a profit.
Henry Fool,
Took a small position on SFLY @ 9.99 on your recommendation. Your made some good calls(SWHC)
just short CPLA…its about to implode
Are we done here? No more inane rebuttals?
Come on. is that the best you got?
Do you know of an SCO type vehicle that isn’t a double inverse but rather just a direct inverse on crude?
Mars.
Fly,
I guess you still have several longs. Are you stuck with them or have you sold them?
loud and clear, fly! You should SRS shares that you bought low, but remain long a lot that you bought higher. You have to know many those fuckers play with one share at a time.
Still in them. Whatever i sold, i mentioned this morning.
Chill out Fly.
I just think its sugarcoating because you’re picking and choosing the best entries on a stock you’ve been averaging into to report your results. And while it’s not lying, it’s a bit deceitful. Just my opinion obviously.
Fly I don’t know how you put up with some of the commenters. Honestly “weed” and “cash-n-guns” should just set up shop on some street corner, they’ll do plenty of business, and leave us normal (yet somewhat antisocial) people alone.
BTW I’m long S&P and USO puts, having a very nice day thankyouverymuch. I always pay attention when both Fly and Danny are signalling a turn in the market.
WC
I leg into stock and leg out. I do not buy at one price, nor sell at one. I will have multiple bad prices on both ends. However, at the end of the day: VICTORY.
Over and over again. It just repeats itself, like Groundhog Day.
Hey Fly you do not buy Munis Fund???
I hear ya Boca on those guys signalling a turn. I was sad when most of my stops on the long side got hit but I picked up some SRS and FAZ in time. Hopefully I won’t get my face ripped off.
THE TODD
How am I “sugar coating” while I am discussing it with you right now? If I was in denial, that’s one thing. However, it is my fault, I ASSUME many of you are experienced, when in fact most of you are kids.
Maybe i need to talk down to you more.
How’s this:
Hey Kids. Daddy Fly sold some of that stuff that he bought yesterday for a higher price. Don’t worry. He still has a lot more. Dad just wanted to sell some so that he can buy you some iced cream and a new bicycle.
Better?
Forget it.
Oh, how fast we give up.
Let me guess: I am just being hard headed and trying to sugar coat the fact that I post all of my trades here for all of you to see, right?
If you were on the PPT, you would have seen freshly baked Jake Watchlist addition ANV 36 hours ago.
If you were not you are now experiencing “Piker’s Remorse.”
______________
TXN going + any minute.
The Fly talking out of his ass. Why would he reduce his positiosn in SRS? One thing to say is that he was wrong on the call, and/or that he could’ve had a nice margin call. With his 20% in cash wasn’t enough to meet the margin call.
@TheTodd, Fly is “position trading”, if for some reason you’re not familiar with it, may I suggest you read up on it, and the Fly’s purchases and sales will make a lot more sense.
Jake, you guyz have public watchlists on the PPT? Interesting.
The Homo Hammer of death needs to be rechristened ‘The Bisexual hammer’ judging by its ability to deliver blows to bulls and bears alike. The Hammer ‘swings’ both ways.
LOL. Boca, I know Fly is position trading. You have no idea what we’re talking about. Shut the fuck up and go lay next to your bowl.
Just kidding. I’m licking my own balls now.
Personally I think that picking and choosing which lot you sold is misleading. Fact is, when you buy more, it goes in the same big fucking pot as all the other ones you own. Average cost is the way to report cost base, not picking and choosing which lot you feel like selling at which price.
Just my 2 cents.
Todd,
Don’t talk to Boca like that, have some respect man. BTW, anyone who puts The in front of their given name has serious inadequacy issues.
The TODD,
messing with the Fly is one thing (albeit, a stupid one). But telling Boca to shut the fuck up is worthy of a ban.
Ban The TODD
Fuuuuuuuuuck. I forgot how long it has been since I bathed.
Very nasty. I’m going back for some more.
Hahahaha. Using my name. Doesn’t get anymore pointless than this. I’m out.
Bye
Hahahaha. I like to beat up women. But only on the internet, and only the polite ones.
FYI guys… that new IPO CYOU is hanging in there quite nicely
Controller,
THE TODD is from Scrubs.
i did not show up today
I’ve just sugar coated the meaning of “I’m out.”
Hey losers,
Why the fuck did you leave the yahoo message board. Much better for you over there
Epiphany http://www.youtube.com/watch?v=JVoR9XoEltQ
Thanks Gunners (hi!) and Controller. No worries though, I don’t care what Todd says as it’s meaningless, I just wasn’t sure if he was familiar with the term. Shoot me for trying to be helpful.
Seems like he’s got serious anger issues with himself and women though. I’m putting up one of the plastic shields right now to protect myself from the flying spittle LOL.
Jake, you guyz have public watchlists on the PPT? Interesting.
Yes, you can follow everyone’s picks — all 200+ members who have decided to post them.
As you can see ^^^^, we already have at least two “remorse-filled pikers” on board, as signalled above.
😉
_______________
Ahhhhh … it all becomes clear now. Thanks Jake.
Henry Fool
Yea I nibbled on SFLY @10 like I nibbled on SWHC. I just don’t see $15 before May. You know when all the little kiddies don caps and gowns. And all the big kiddies get to get in the funnel- photogging themselves for disparity. I’ll take a buck on it though.
To whomever referred to the Fly as ‘granpa’ for his bond plays.
Idiot.
That’s one of the smartest calls I’ve seen around here. All he needs is a CDS to hedge and a number to TALF and he’s got it made.
1. Buy Corporate Bonds
2. Buy CDS (AIG?)
3. Sign up for TALF
4. ???
5. Profit!
Razncane: I hear you. take some profit but.
March 26 SFLY closed @ 9.53 triggered a triple top breakout on the P&F chart
with a bullish point objective of 15.5
just keep it in the back of your head.
Let’s see… 200+ x $29.99 = at ~ $6k/month. $72k/yr
…not bad
-Let it Ride
gross, not net
Actually, Jay it’s $49.99/month (minimum)
49.95 USD per 1 Month (Piker)
~ $119,976 /year