I hate to interrupt your Great Depression with a technology revolution, but that’s exactly what I am going to do. While you fuck around, in and out of FAZ to FAS, “The Fly” is preparing the ground, positioning himself, to benefit from the ongoing revolution. Instead of musket fire, I am interested in bandwidth and the companies that help improve capacity. I am interested in smartphones and whoever stands to benefit from egregious market shares gains.
If smartphones represent just 13% of the entire cellphone market, what stock will spiral higher when market share reaches 50%? Moreover, if smartphones are bandwidth hogs, what companies stand to benefit from big telco dollars, flooding the market, in order to build out capacity?
Investing is not a fucking game, assholes. You cannot take a ruler to a piece of paper and make a billion dollars. You need to partake in cognitive thinking, in order to “get it.” Don’t take my word for it. For all you know, “The Fly” is some retard blogging out of the back of a pizzeria, somewhere in Brooklyn.
After done making money in this market, “The Fly” will retire to some quiet place, unknown to anyone, where he will hire people to make him tea and fetch his morning cannolis.
As for now, there is much work to be done and many victories to claim. At the moment, I am 90% long, with 10% cash. I am long a variety of stocks, ranging from garbagio to celestial.
For good or for worse, the bulk of my investment dollars are tied up in the following
Corning Incorporated [[GLW]] , OmniVision Technologies, Inc. [[OVTI]] , Flotek Industries, Inc. [[FTK]] , [[UNG]] , [[ENTR]] , TEKELEC [[TKLC]] , TeleCommunication Systems, Inc. [[TSYS]] , [[ARMH]] , ADTRAN, Inc. [[ADTN]] , Ciena Corporation [[CIEN]] , salesforce.com, inc. [[CRM]] , Abercrombie & Fitch Co. [[ANF]] , Atmel Corporation [[ATML]] , STMicroelectronics N.V. (ADR) [[STM]] , ON Semiconductor Corp. [[ONNN]] and Brocade Communications Systems, Inc. [[BRCD]]
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Retiring from this site a day before turning 47 1/2 would be epic, no tragic, well both.
Fly,
You still believe that 3+ PPT Score does not represent a sell signal?
VIX 24 and low put to call has me thinking otherwise.
TRID was one of your top picks a while back. never saw that you sold it. is this still one you like? i have been drawing lines on stupid charts lately for my trades, but have kept that one on my “fly watchlist”.
sold it awhile back. Perhaps you should visit my blog, in between Chart Addict’s afternoon snacks.
i read every post. except for the TRID sell post, apparently. it’s off my watch list now
i don’t have the patience of le fly, but agree with your smart phone thesis
Stock prices have very little to do with the item a company makes, or what its earnings are; or in what direction earnings or sales are heading. In most cases these factors are counterintuitive.
Stock prices have EVERYTHING to do with what the big institutions buy and sell.
liar and an idiot.
http://ibankcoin.com/quote.php?symbol=trid&submit=Get+Quote
Under “Restructuring” post.
aha! i was on vacation in Mexico
I have to agree with the sentiment here. the tape looks good here. Grinding higher.
Yes, we’re up 66 points, so that’s Bears stepping into murderholes. And we’re no doubt up because people are realizing the growth potential in “smartphones.” You might as well just put lines up on a chart, and then snort them.
The only thing I use are rulers and paper.
Large File card works great..thanks CA.look forward to your book
oh yea, and I use a pencil, too.
BUY and HOLD is back baby !!!
aapl reversed lower
aapl reversed higher!
FTK finally woke up.
Bear meat on the summer barbeque once again.
Yep, the bulls are forging ahead. Like Napoleon’s Old Guard, move ahead and no retreat, no surrender and no prisoners.
http://www.youtube.com/watch?v=HXmljXjwZko&feature=channel_page
if your short( a few i know who are) are getting fucking steamrolled..its only a matter of time before we Melt up…the crying is getting bad out there from those caught short..
Thoughts on RFMD going into earnings?
Yo FLY…CTV & AMT are good plays on the wireless broadband thesis.
heavily long here as well, but just picked up some TXN puts for tonight’s earnings announcement. love tech, but still think they are a pile. see nokia. getting their teeth kicked in while the winners continue to climb.
What happened to Gunner’s Memorial Library for Egregious Study (or whatever it was called exactly)? Was it collateral damage in the wake of the new design? And perhaps some new tabbed bloggers can add their own selections.
We will add it back
http://bit.ly/15XYwV Expect higher DRAM prices on higher demand. Bodes well for MU (btfo) and other chip makers.
Seriously, without trying to provoke an argument, really, why are you bulls still buying here?
Freight train going forward, why not jump on board? Also if the range gets broken to the upside, everything inside that range was now “cheap or cheaper”. Also most sideline people who are retail have never shorted, ever. They get long or nothing. I’ve made several buys today.
My thoughts anyways.
Fair enough. The only place I might disagree is that I think there are very very few retailers trying to play this market. I think it is dominated right now by the largest of players. Look at today’s volume….there is no volume at all.
That or the exact opposite of what you said, lots of small retail buyers making up light volume with lots of huge players sitting on the sidelines!!?!? I dunno.
Well, the numbers the NYSE is publishing is showing showing the large brokerages and banks to be making up over 70% of volume.
But what you said would be right, as that would be dumb money still buying up here.
Where do you find that data? Is there a link to a specific page? I’d be interested in following that.
perhaps too squeeze shorts…I am not buying here…but it sure feels like a squeeze is coming with all the shorts, and cash on side.
maria Skankiromo..looks like a bloated squirrel with pig lips on crack
Theres my daily chuckle and lets not forget mackerel face cabrera. That lunch hour on cnbc is like a hen party. Should photoshop some knitting needles. She could be played by John Cleese in drag.
FTK is on a tear….back to the future! BUY BUY BUY!
Hope that POS gets back to the mid 2s. Yeah, I know, WTF did I hold it so long? Faith in the Fly, I guess. And my own innate retardness
Fly,
DWI (Dragonwave Inc.) – Toronto exchange
Oh come on, can’t I just sit around in my lair and bemoan how screwed we are?!