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
23,442 Blog Posts

ATTENTION BEARS: I Squeeze You

Late stage rallies call for the arrival of egregious short squeezes. If you have been paying close attention, over the past 6 months, the biggest winners have been the stocks with the largest short positions, like Crocs, Inc. [[CROX]] and Fuqi International, Inc. [[FUQI]] . If you were smart, which most of you are not, you would position yourself alongside men who fly in spaceships, getting long names with large short positions.

A little fyi for you assholes out there, Flotek Industries, Inc. [[FTK]] has a short position of 25% and is in a sector that is on the cusp of turning the corner. Providing FTK can get the cocks out of their ears, the stock can see $10, sometime this year.

Tesoro Corporation [[TSO]] has a short position approaching 18% of the total outstanding shares, yet the refinery business is recovering. In my opinion, a lot of stubborn bears are about to get lit aflame in that name.

Look people, I can’t give you my brain, so that you can make more money in the markets. I can lead you to the water; however, if you drown in it, that is entirely on you. So you know, “The Fly” has been basking in the glory of his marksman-like positioning, over the past 6 months, all the while most of his competitors blew themselves up—trapped inside of “fag-boxes” aka inverse ETF’s.

Some other potential short squeezes to consider are Synaptics, Incorporated [[SYNA]] , American Axle & Manufact. Holdings, Inc. [[AXL]] , Netflix, Inc. [[NFLX]] , SL Green Realty Corp. [[SLG]] , Cypress Semiconductor Corporation [[CY]] , MannKind Corporation [[MNKD]] and SVB Financial Group [[SIVB]] .

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16 comments

  1. IShortYouNot

    FUQI – would you short it here following the recent runup?

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  2. Woodshedder

    I’ll give you 10 minutes to cut that out.

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  3. adam

    how is WNR still not moving

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  4. IShortYouNot

    what…. no sense of humor? good, it wasn’t a joke

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  5. Juice

    Don’t forget the huge short % within WNR

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  6. Bobby Boucher

    Great pic. I applaud you, sire. If you want to see a really good video of what it’s been like to be short this market, head over to market folly, second or third page. I did cringe before laughing.

    fid

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  7. Made Man

    The key line is “late stage rallies”. When will it end? It should have already. But when it does, it will be uglier than your mama, and nobody will be short or want to short. they’ll be way too scared.

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  8. j

    Providing FTK can get the cocks out of their ears, the stock can see $10, sometime this year.
    You kidding or is that a real feeling?

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    • The Fly

      $10 is easily attainable.

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    • TA

      Being one of the assholes,I still think FTK is still a whorish bag of crap that should have been sold long ago.

      On the other hand a vicious short squeeze would be most entertaining, good luck on the $10 thing THIS year.

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  9. sandiegan

    good call fly, the energy sector should be strong thru the end of the year, early next year…perhaps i’ll join you on FTK…already up 30% on GSX…will hold with trailing stop…

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  10. stkfulano

    I accidentally bought FTK. Now what the fuck do I do.

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    • Yogi & Boo Boo

      What to do?
      1. Check a weekly chart and see what even a small bounce might look like.
      2. Sit down and hold your FTK.
      3. When you check out with a “Big Bag ‘O’ Cash”, go over to the PPT and sign up.
      4. Carry on.

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  11. nursebee

    FTK not for me but it is moving up, good luck.

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