iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,443 Blog Posts

Shorts Strangled Again

I see the comments section is riddled with funny guys, more apt for a juggling routine than at a trading desk. Don’t fuck with me, else I will track you down at your favorite restaurant and throw a gallon of paint in your face.

Here are some things to consider:

The boom in LCD production/sales will benefit LG Display Co Ltd. (ADR) [[LPL]] , AU Optronics Corp. (ADR) [[AUO]] and Corning Incorporated [[GLW]] . However, smaller companies stand to benefit as well, such as Advanced Energy Industries, Inc. [[AEIS]] and MKS Instruments, Inc. [[MKSI]] . Do some fucking research, chart-boy.

The LED craze will soon hit a street lamp near you. Take a look at Aixtron AG (ADR) [[AIXG]] or Cree, Inc. [[CREE]] .

People hardly talk on the phone anymore. Instead, people type little messages to one another, via “text messaging” service. Do you know who helps provide this service? Of course you don’t, since your head is stuck inside of a moving average.

Take a look at TEKELEC [[TKLC]] and TeleCommunication Systems, Inc. [[TSYS]] .

I’m buying Advanced Micro Devices, Inc. [[AMD]] because margins are expanding. How do I know this? Answer: I just do.

Will the stock shoot higher immediately?

Answer: I don’t know or care.

See folks, unlike you, I am patient enough to wait a quarter or two for a story or a thesis to materialize. When I was younger, I was hamstrung with impatience, always looking for the next grand slam. When in reality, the grand slam can be achieved through an agglomeration of doubles and triples.

In short, while “The Fly” is winning, in epic fashion, I insist that you refrain from using a mocking tone with me. It is uncouth and represents your lineage very badly.

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54 comments

  1. Capt. crack

    rule #1 dont throw good money after bad in your fucking amd postion your gonna get burnt chashig these tecs up and i would especialy say you will regreat amd

    so log capt ASSHAT

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    • Capt. crack

      what happend to amd after hours lol

      now thats goog shit right there

      3.53/11100
      Bid/Size
      3.54/300
      Ask/Size

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      • The Fly

        lol.

        douchebag.

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      • Captain Anarchy
        Captain Anarchy

        Let me lay the situation out for you; Captain to Captain…

        The Fly likes AMD in a long term way. Not in a gay way, as how most people like stocks. He figured that there’s a chance it might pop or tank after earnings released. If it does, great. If not it doesn’t matter much as he’ll be scaling in and out over time. He didn’t say it was going to go up. 20k shares at $4 is actually a pretty small position if you watch his trades. This is probably installment 1 of 5.

        Besides – if you really want to get his goat, work the Flotek angle. Much richer material there…

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        • Teahouse On The Tracks
          Teahouse On The Tracks

          True but he bought 150k shares yesterday!

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          • Captain Anarchy

            Yeah, I hadn’t noticed that as of the time I wrote it. I was too busy reflecting on whether or not AMD had put in a hanging man to read the rest of the posts. So busy in fact that I hadn’t noticed the one on the SPY until woodshedder pointed it out on another site.

            Those 150,000 do change things a bit. I must say I am curious as to why someone who intended to hold for a few weeks/months would roll the dice ahead of earnings.

            But then I look at some of my own trading decisions and hear my thoughts in Hunter S. Thompson’s voice: “Jesus Pope on a Stick what was that crazy asshole thinking?”. And I’m not nearly as crazy as the Fly is, so the same rules don’t apply I guess 🙂

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  2. Cash-N-Guns

    Fly…good run laddie…have a single malt scotch and a fine cigar, while throwing refuse on your neighbors very small lawn, patch of turf.

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    • SteveTheNeighbor
      SteveTheNeighbor

      I may have a small lawn but I do keep it tidy.
      Any refuse gathered will be thrown back at Fly’s PT Cruiser.
      Speaking of the PT Cruiser Fly. When will you be taking it off the blocks in your driveway?
      It is an eyesore.

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  3. The Fly

    AMD missed.

    Let me wipe the egg from my face.

    AMD Advanced Micro prelim ($0.62) vs ($0.47) First Call consensus; revs $1.18 bln vs $1.13 bln First Call consensus

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    • Jworthy

      Is that a good dip to buy then or…?

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      • JakeGint

        AMD is the AA of the tech world.

        IOW, they always miss.

        _____

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        • Captain Anarchy
          Captain Anarchy

          And I’ve heard a few people say that WFC always lowballs their guidance and exceeds estimates – anyone else think so?

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  4. The_Real_Hmmm

    While you’re at it, throw in ITRI for smart grid buildout.

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  5. blah

    f*ck your AMD right here, right now!

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  6. Woodshedder

    What if we can crack jokes, juggle, draw lines on charts, and trade, all at the same time? Does that count for anything?

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  7. Nasdaq 10k

    Never down again.

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  8. optimatis

    amd missed …they have no chips other than for desktops .. that market is contracting … no netbook, smartphone etc. processors … i run only amd chips on my pcs though .. because i dont like (w)intel …

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  9. spooky

    CREE is one of my long-term buys with potential 10-bagger written all over it. Bought it in October.

    Keep rocking FLY.

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  10. genghis_khan

    Do I have this right? You bought 150k AMD yesterday and another 20k today? That’s a pretty big bet. You’ve been buying some weird shit lately, like FTK, SIFY, SFE. Glad I didn’t follow you into the valley of death. INDEUD!

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    • The Fly

      I do not own SIFY or SFE. But, had you bought SFE when I did, you’d be up 60%. That sort of sucks, right?

      Let’s exclude all of the great picks that I have made too ,since that would just muddy up your argument.

      Fuck off

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      • JakeGint

        I was going to ask you why you were not bragging about SFE….

        I’m up very close to 60%, thanks. Wish I’d gotten more.

        _____

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      • PoorOkie

        I did in fact buy SFE at $1.05 when Fly first mentioned. I probably sold out a little early last Friday but still a damn nice gain. Thanks again Fly.

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  11. 308

    For those after hours guys who think the market is going up tomorrow…
    Citigroup ups Kraft Foods Inc (KFT) to Buy Rating from Hold on Improving US Retail Trends

    Target to $32 from $28

    bunch of whatever like “..firm’s domestic retail business is generating improving underlying sales and volume
    trends while input cost inflation pressures are beginning to moderate, signaling the potential for improving profit trends in 2009…” etc

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  12. TheArtist

    little trollops abound…..

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  13. Mo the Wiesel

    HO FLY, HO FLY !!!!!

    STOP ACTING LIKE A YOUNG OFFENDED ( IF NOT FRUSTRATED LITTLE VIRGIN !!) NOBODY HAS THE REAL TRUTH THESE DAYS!!! BUT……………IF YOU FEEL LIKE STRETCHING YOUR NECK A LITTLE MORE !!!!……… AFTER ALL IT S ……… YOUR NECK AFTER ALL \!!!! CHERRIOS NOW !!!!!

    MOE

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  14. The Fly

    Look at you losers, all coming out of the woodwork, taking shots at Le Fly.

    You people are pathetic.

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    • Hammy

      these comments have devolved into a “200 car pile-up of stupid”, usually found frequently only after 1:30 AM when the night people come out like cockroaches

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    • Free Trader

      Fly,

      Fuck these asshole trollers. Fucking pointing out one bad call amongst a shit load of mighty good calls. At least you stand by your call, deud. Carry on!

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  15. Hammy

    some of these guys could use the flying elbow of justice to their gap-toothed guffaws

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  16. insidetrader

    fly cmon lets be true-amd call sucked- cramer liked amd alot-but i don’t think he purchased 140,000 shares -you have bigger balls than cramer.

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  17. Kafka

    I bought AMD today at 4.11, with the stop at 3.90. Looks like it will open well below that stop. Question for those more experienced then me:

    Should I just take my lumps and keep the stop in place knowing it will like likely open in the 3.50s-3.60s range? Or wait some time in the day before selling? The open on these types of events sometimes is an over reaction, and it will correct a bit.

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    • TheArtist

      my opinion…do not sell it, it will come back sooner than you think. just keep it and add more to it. buy more at 3.50, offset the 4.11 to 3.75ish. and hold it…..sell around 4.25. you will of course have to be patient and this will take weeks, but it will come back.

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    • Fly Leech

      I’ve been in and out of AMD for 10 years. It’ll come back in the near future.

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  18. TheArtist

    remember people…Fly never loses. he’ll regain todays minor losses in 5-7 days….10 tops and then some.

    demigods can do that sort of thing you know….

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  19. franky

    Fly is God — he will prevail.

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  20. marlin

    im with you fly just bought a boat load of amd at 3.56

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  21. Le Flys Vag

    everyone needs to stop taking shots at vag fly and either suck his vagina or stfu.

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  22. masterpain

    NEWSFLASH: FTK HOLDS IBANKCOIN ON MARGIN CALL!!!

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  23. JakeGint

    TKLC was a glorious pick, btw, my friend.

    Oh, and ADTN is looking glorious mundi too.

    _______

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  24. Q4

    Gun Play – http://www.youtube.com/watch?v=MU5xbxMQudQ

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  25. Hammy

    this is the coolest Youtube video i’ve seen in a long time:

    http://www.youtube.com/watch?v=exOxUAntx8I

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  26. j

    Fly:

    Can i offer a suggestion?

    The reply tag really stifles the site in certain ways as the latest comment could be at the top of the page.

    Can I suggest you do away with it. If people want to reply they can always cut and paste.

    Just a thought

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  27. so i herd you liek mudkips
    so i herd you liek mudkips

    Prototype 4G iPhone?

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  28. Woodshedder

    j, reply tab only threads the comment.

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    • Captain Anarchy

      I think J is talking about for those of us using RSS feed comments, which are not threaded.

      An elegant solution would be to auto quote in the feed, or at least insert the name of the person being responded to.

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    • j

      yes that’s right, shed. However the latest comment could be right up the page.. and then it just becomes a mishmash.

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  29. Pedro

    U.S. Gov said they will cover Delphi’s pensions.

    My AXL thesis is dead-on. They ain’t goin bankrupt. It’s shooting up to $5 by the end of the summer

    Company is a little over-levered but if their shipments go as planned with GM, they’ll hit their necessary revenue streams.

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  30. 308

    Some Citigroup things so far tonight:

    BTU – Downgrade to Hold, Target price down to $34.00 from $40.00
    We are downgrading BTU to Hold from Buy based on the lack of
    earnings support from the company’s coal operations in Australia as unit costs
    run higher than our expectations. Previously, we believed that profitability
    would improve in 2H09 as high-margin metallurgical coal shipments resume
    and the benefits of operating leverage flow through, but the company’s latest
    cost guidance suggests otherwise.

    PTV- Pactiv Corp
    Reit buy, and raise target to $29 from $23

    FCX Freeport-McMoRan -Downgrade to Hold from Buy
    Based on results and elevated copper spot prices we are raising
    our 2009 estimate to $2.15 from $1.30 and our target price to $61/sh. (from $58)
    However, the recent rally in FCX shares has left insufficient upside and we are
    downgrading to Hold/High Risk as we see the stock fairly valued based on our
    2010 copper forecast of $2.50/lb.

    CAT
    Raising EPS Ests/Price Target to Reflect Q2 Beat and Positive Tone; raise target to $42 from $36

    STT -Reit Buy, $57 target ” STT remains our Top Pick — We continue to view STT as the Top Pick in our
    (Brokers & Asset mngrs) coverage and we would take advantage of any pull-back in the stock to
    establish new or add to existing positions. We believe the company is facing favorable long term opportunities, has excess capital and minimal credit exposure. This should allow for continued above average EPS growth. In addition, the stock is trading at an attractive valuation relatively to long-term historical valuation averages in absolute as well as in relative terms.

    AMD – Reit Hold, $4.25 target.

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  31. J

    “How do I know this? Answer: I just do. ” lol. hope this fly gets squashed on this one..

    http://finance.yahoo.com/news/AMD-stock-sinks-on-apf-3411890502.html?x=0&.v=18

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