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
23,444 Blog Posts

In the End, The Turkey Gods Will Win

Thanksgiving is right around the corner and people are about to gain weight again. Slothy fat people across America will stuff their faces with foods that will kill them, or leave them too fat to do anything other than waddle. Wall Street bankers will take a day off, from cocaine binges, to spend some “quality time” with the family. You see, there is no time to sell the market. This is the time of year when people celebrate their slowly depreciating life expectancy, via large bottles of whiskey and through gluttonous consumption of very large turkey legs.

I do not expect the short sellers to give up losing money, for they are experts in that field. The probability of them making money is equal to witnessing a lunar eclipse, with the naked eye.

I have a game plan, good Sirs, and I shall press my rights, as “coin operator,” over the coming weeks and months to come, indeud. I know you realize that I am different from many of you, which is treu [sic]. For example, I can write, eat and sleep better than all of you combined, AND MORE. It gets better.

I have a few stocks that are preparing to go higher. What do I mean when I say “preparing?” Well, I do not suggest they are preparing the battlefield by way of lacing it with flammable fluids, soon to be ignited by flaming arrow point, in order to “host” some overzealous short sellers; that would be archaic. Instead, they are simply biding their time, organizing, while waiting for the proper occasion to jump on the faces of those who bet against them.

I offer three names, of the most distinguished quality, worth your perusal and careful consideration.

1. Green Mountain Coffee Roasters Inc. [[GMCR]]

2. W.W. Grainger, Inc. [[GWW]]

3. U.S. Global Investors, Inc. [[GROW]]

Pardon my abruptness. I must be going now. Good day to you all.

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57 comments

  1. mrkcbill

    Yes, but can you shoot the 3?

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  2. gratefuljed

    Indeed – my Toyota house has a free Butterball as a backup and my Starbucks has got to be the worst in the nation

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  3. HAT

    Epic, great post. You sir are the sole owner of the English vocabulary.

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  4. JauShu

    I’m going to take a wild guess and assume that you, The FLY, are not concerned about the sloppy head and shoulders pattern developing on GMCR.

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    • iSpankLoin

      Bitch… The FLY does not have dandruff. Take your flippin Head and Shoulders and shampoo your ass crack hairs with it.

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      • JauShu

        That’s Mr. Bitch to you as I am a charter member of PPT, and as such I drink coffee. Further, I have previously induced the FLY to threaten to punch my mustache off, which is also a mark of greatness. When you can claim both yoiu may call me anything you like.

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  5. Mr. President

    It is SQM’s time.

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  6. funny stuff

    You’ve heard of “too big to fail”, now we have:
    Too fat to waddle

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  7. secretagent

    year highs are in

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  8. boss

    r.i.p FTK

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  9. henryfool

    boss you’re pic is distracting me for some reason.

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  10. henryfool

    Can i get a countdown to GROW eclipsing it’s 52wk high of 14.42?

    I’ll start 10

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  11. henryfool

    9

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  12. henryfool

    8

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  13. henryfool

    fuck this countdown. I’m changing my avatar!

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  14. RNB

    Good time to add to golden coffee lackeys, just be careful it tastes bitter!

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  15. Sachmo

    Still don’t really get how you pick stocks (yeah, alien time machine, blah blah blah)…

    But take a look at MSCDirect over Grainger…

    MSM

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  16. Dubz

    treu (sic) is arguably the best usage of the term (sic) on this website for many reasons.

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  17. ZOILA

    LOL @ KRULL’S latest JOEY DIPHARD

    ZOILA IS LMAO!

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    • JeffLewis

      Get back to work now Zoila or else I will be contacting INS.
      And NO onions in my salsa.
      And NO number two in my toilet.

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  18. RNB

    Humans can never get back anything from a fly when it robs them of it

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  19. ZOILA

    holy toledo did fly just sell 1M shares of granger?

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  20. bucket brigade

    Fade Fly if you want to live.

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  21. Tim Knight

    Fly? Should I sell my fucken FTK!?! I need to know what to do. Goddam you.

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  22. Jim Cramer

    I am going to short more shares of EQIX in my charitable trust.

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  23. carsonybug

    JIM CRAMER DOES NOT SHORT STOCKS IN HIS CHARITABLE TRUST

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  24. Highights for Kids
    Highights for Kids

    In other news, MaVIS prints more shares

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    • yeomps

      I remember when MaVIS was in the $6 range… back in the days of the ugly orange blog.

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  25. dschandall

    I think that’s a solar eclipse .

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  26. slim

    The turkey will be butchered soon

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  27. Indie

    “I offer three names, of the most distinguished quality, worth your perusal and careful consideration.”

    you lifted that up from a chinese/pakistanese/bangladeshese (sic) manufacturing plant spam email.

    loving it.

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  28. sandfleas

    Fly,
    I am confused about how The PPT score works.
    Take GMCR for example.
    First, you were going to wait until PPT score for GMCR hit 2.20s.
    At the time you said that, score was 2.36 and you bought at 68.40 and below (how low we don’t know).
    At that point, GMCR was HIGHER than it is now.
    I looked up PPT score for GMCR and it is 2.55 with a SELL rating.
    Can you please offer your expert perspective re: PPT score now and GMCR.

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  29. DEVILDOG

    Fly, just a thank you for the GMCR SHORT. Looks like FTK got fucked again today. Don’t worry I’m certain it will come back as the global recovery and the new bull market accelerate to new highs. LOL.

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  30. 308

    for Trader Caddy:
    Tonight:

    BAS-Merrill Lynch downgrades view of semiconductor sector; downgrades INTC, LSI, MCHP, MRVL, MXIM, NSM, POWI and TXN

    Firm notes that following a period of rapid replenishment of inventory and normalization of semi shipments, inventories in the supply chain are approaching a level suggesting a modest overshoot vs. equilibrium levels.

    * Intel (INTC) is downgraded to neutral from buy. Price target is reduced to $21.50 from $27.00
    * LSI Corporation (LSI) is downgraded to neutral from buy. Price target is reduced to $6.00 from $8.00.
    * Microchip Technology (MCHP) is downgraded to underperform from neutral. Price target is reduced to $24.00 from $27.00
    * Marvel Technology (MRVL) is downgraded to neutral from buy. Price target is reduced to $17.00 from $21.00.
    * Maxim Integrated Products (MXIM) is downgraded to underperform from neutral. Price target is reduced to $14.00 from $18.00.
    * National Semiconductor (NSM) is downgraded to underperform from neutral. Price target is reduced to $12.00 from $17.00
    * Power Integrations (POWI) is downgraded to underperform from neutral. Price target is reduced to $28.00 from $36.00.
    * Texas Instruments (TXN) is downgraded to neutral from buy. Price target is reduced to $27.00 from $33.00.

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    • TraderCaddy

      Thanks 308.
      Good info and the SMH short or SSG (2Xshort) could be winners tomorrow.
      The SMH was weaker than the overall market (NYSE and NAZ) today so I guess there was some front running (not that the TradeBots would do that).

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  31. dave

    Off Topic – The terrorist trials in New York.

    For you lawyerly types.

    What if they weren’t mirandized?
    What about due process and right to a speedy trial as guaranteed under the 6th amendment?
    What about the defense having time to prepare for the case?
    What about confessions obtained under coercion i.e. torture – 8th Amendment?
    What about lack of representation by a lawyer of their choosing – assuming they could afford a lawyer?

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    • TraderCaddy

      Never did Criminal Law but recalling from my law school days I believe the Government is screwed all the way around. Confessions are thrown out , evidence can’t be used (fruit of the poisonous tree stuff -4th Amendment), prosecutors must turn over material to the defense that it intends to use, etc.
      I am sure that ACLU lawyers are all lined up to take this case, although the trial will be a circus along the lines of the Chicago 8 trial in 1969 (involving Abbie Hoffman,Jerry Rubi, Seale, etc.)

      In other words BIG JOKE. I am in the camp believing this is Obama’s back door way of allowing the International Tribunal in the Hague get evidence to prosecute Bush and Cheney (as weird as that sounds as I write).

      http://www.law.umkc.edu/faculty/projects/ftrials/Chicago7/Account.html

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      • Generational BOTTOM Picker
        Generational BOTTOM Picker

        The evidence has been there for six years, known even by my dog.

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  32. MX2101

    Public posturing is that one of the reasons for Federal Court trial is to show the world our values and fundamental principles. i.e. in the USA even terrorists get their “day in court”.

    It would be interesting if there is another possibly unintended result- a not guilty verdict brings outrage and a “tipping point” where Americans revolt against our legal system and government.

    This could create an opening for a fascist or megalomaniac leader leading the USA to abandon the present system of government
    .

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    • Generational BOTTOM Picker
      Generational BOTTOM Picker

      Our “present system of government”? Take me to your megalomaniac.

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  33. ZOILA

    ZOILA is kinda pissed off at these degenerate OTB clowns attempting to bash the FLY. I mean how many of you are up 50% plus on the year? We’re not talking bullshit 5 or 6 figure accounts here. You guys need to choke on your muther fukking haterade!

    ZOILA -OUT!

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  34. ZOILA

    Khalid Shiek Obama should be tried with those fukkers. What a circus it will be.

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  35. Carl

    I will have to sell my house because I lost so much money on FTK.

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