While at my favorite urinal, one of the shadows approached me— smoking a cigarette— and said: “listen here, see, get the hell out of here, see, and go sell some stock, alright.” Startled by the cigarette in a public urinal, I kindly asked him to fuck off in the shade somewhere; but he was persistent.
The shadow grabbed a hold of me and slapped me. He said: “for the love of yankee candles, get the hell out of here and sell some of that ALU.”
Long story short, despite loving Alcatel-Lucent (ADR) [[ALU]] , I had no choice but to sell some, else get harassed by a smoking shadow at my favorite urinal.
There is a lot of chatter going around today, talking shit about the banks. I am hearing tales of dilution and credit losses. Frankly, who gives a rats ass? The market is dipping again and people are always jittery. “The Fly” has about 20% of his assets in cash and the rest invested in a variety of longs. I will not hesistate to sell them all, if necessary of course.
However, I think today is a good day for a market reversal. Can you say “upside reversal”?
Right now, I am digging Huntington Bancshares Incorporated [[HBAN]] , Pacific Capital Bancorp [[PCBC]] and STMicroelectronics N.V. (ADR) [[STM]] . Granted, both HBAN and PCBC are fucking turds, especially PCBC and its deficient tier one capital. Nonetheless, I am in these names for a trade, not meant for investment.
On dips, I like Flotek Industries, Inc. [[FTK]] , Advanced Micro Devices, Inc. [[AMD]] , OmniVision Technologies, Inc. [[OVTI]] and Corning Incorporated [[GLW]]
UPDATE: On this rip, I sold out of 75% of my [[PCBC]] position, just north of $2.78
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I dont get it…You consider FTK but sell ALU? I respect the fly more than most of these peasants but forgive me for asking questions.
I booked 25% gains in ALU. FTK is a loser for me.
Pretty simple stuff here, fuckhead.
Forgive me good sire. FTK just looks like a shithole.
You are lucky you weren’t flogged for being so foolish to question him
You don’t even want to know what happened to the last peasant who made a stoopid [sic] comment.
and what about TKLC. Looks like a new FTK in the making.
How so, asswipe?
You make no sense and do not warrant a proper response.
I suggest venturing off to an ADD addled site, where you can suck your own cock all day long.
How So, you ask… Take a look at all of the insider selling on TKLC over the last 3 months. They have been selling it as though the place is going under.
fuckhead: Please return to your creamed corn and rice lunch.
who cares?
Personally I think Fly is just bored and had to buy or sell something.
I shorted STP $17.50 Jan puts for fun today.
PCBC ripping.
What’s your exit target on this one, Fly?
Wish I would have gotten on board with this one 🙁
Great call again!
wow that was some big volume
WTF are you talking about. The Florida sun has roasted thy brain, methinks.
Fly, You still liking STAR?
STAR is a buy in high teens.
FUCK IS happening with CMG…
It is getting “burrito rolled”
Get out if it pains you. Out of sight out of mind.
fuck this faggity fucktard day. just hoping some retard dip buyers will come in soon.
It may not happen. We may be wrong and it may be time to sell. Never rely on hope. Evaluate your risk threshold and respect it.
Remember, you can always get back in later.
Ive never seen the nice side of fly…I dearly appreciate it.
^^^^^^^^^
Rofl.
“Stockholm Syndrome.”
_________
I’m still having fun with CSIQ moving in integers.
LAST WARNING: Go buy CSIQ before it hits $20
“csiq moving in integers”….lolz
Speaking of urinals.
One of my better urinal stories was when I was at a Dolphin-Jet game in Miami about twelve years ago.
My brother-in-law who worked for Texaco won the use of the company private skybox and he invited me.
So there I was at the urinal and some guy walks up to the urinal next to me.
It turned out to be Sylvester Stallone.
He said hey and then I said hey.
And no I didn’t look but if I had a cell phone I would have taken a picture quick like, ran like hell, and then sold it to the Inquirer.
no homo?
Yes, Inquiring minds want to know:
Was there foot tapping involved?
I met Sly Stallone on the beaches of Atlantic Beach, Lawn Guyland when I was a kid… he was doing a photo shoot with his Amazonian (then) wife Brigette Neilson.
He’s a tiny little dude.
_______
F.I.G.