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

Check Me Out Now

Just to bring you bastards up to speed, here are my largest positions, in random order:

Alcatel-Lucent (ADR) [[ALU]] , Flotek Industries, Inc. [[FTK]] , ADTRAN, Inc. [[ADTN]] , Ciena Corporation [[CIEN]] , SandRidge Energy Inc. [[SD]] , [[ENTR]] , TEKELEC [[TKLC]] , TeleCommunication Systems, Inc. [[TSYS]] , [[ARMH]] , [[UNG]] , Abercrombie & Fitch Co. [[ANF]] , ON Semiconductor Corp. [[ONNN]] , Brocade Communications Systems, Inc. [[BRCD]] , Advanced Micro Devices, Inc. [[AMD]] , Ceragon Networks Ltd. [[CRNT]] , Huntington Bancshares Incorporated [[HBAN]] , Level 3 Communications, Inc. [[LVLT]] and Chipotle Mexican Grill, Inc. [[CMG]] .

Until the Dow touches down on 10,000, I want to be long names with big short positions. Stocks like CMG and Flotek Industries, Inc. [[FTK]] will fire cannon grape all over the shorts, if this rally continues; write that down. With regards to FTK, once they secure some financing, I suspect the stock price will rebound quickly, effectively ” Reverse Trump Raping” those who are left holding the bag short.

With my money, I like CMG here, for the $100 roll to $105. And, thanks in large part of fervent PPT support, I am feeling HBAN here—up to $5. My top tech play is ALU, above $3 up to $4.

Essentially, “The Fly” is simply continuing his streak of wins, through perfecting the art of winship. Many of you are unable to grasp the idea of winship, since you are proverbial losers, with no more than 5k in your checking accounts. What you need to do is emulate successful people, such as myself and a select few, for it is your only way of escaping the dark hands of mediocrity.

The market will continue to go higher, since it is the path of least resistance. The bears have been routed. Their resources have been exhausted. This “psychopath run” will cease when men of substance and vigor decide to go to cash. No longer is the market direction dictated by a band of ballsy bearshitters; this is an important distinction. My guess, we have another 2 weeks of market bliss before the “homo-hammer” of certain death rains down on your skulls.

Until then, enjoy!

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27 comments

  1. Milan237

    Induuueed … welcome back our fearless leader 😉

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  2. JakeGint

    Don’t forget SFE, Friend-o.

    Wouldn’t want you to miss out on one of your better calls, about to BTFO at $1.95.

    __________

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  3. Jworthy

    I don’t watch a lot of mythbusters, but yesterday they proved grape shot cannon is legit. Shorts gon’ get served.

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  4. TheArtist

    yes Jworthy, but they have yet to prove how much wood a woodchuck could chuck, or even if a woodchuck could chuck wood, at all.

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  5. firstadopter

    OMG The Fly indicator is BACK!

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  6. becauseiknow

    where do you ALU going to?

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  7. The Fly

    Anyone long GGC? Holy cowtits.

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  8. kidstock

    Did you buy more AMD down in the 3.5 area?

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  9. Cash-N-Guns

    Cash for pussy…how about that…new govt program,..i could support that…10,000 singles for use at strip bars…

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  10. 4fl3x

    Welcome Home Master Fly 🙂

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  11. TraderCaddy

    Here come the tradebots.
    Or as the fancy boys at GS say using reversion algorithms in conjunction with flash trades and high frequency trading.

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  12. HenryFool

    DVAX to close well me thinks.

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    • punyandy

      Kicking ass AH. You were off by about 15 minutes. Long DVAX with you. Looking awesome.

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  13. HenryFool

    today = One big nap

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  14. StratG

    Kick ass day and I’m pulling for DVAX&CTIC to make their moves tomorrow.
    Best crap day I’ve had in a long time thanks to PACR,HBAN and BGU day trade.
    Last 15 minutes two days in a row BGU and TNA have been a good gamble.

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  15. StratG

    Speaking of which DVAX on the move AH
    Thanks Henry, at this point anyway

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