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
23,447 Blog Posts

Awwwww, Too Fucking Bad

Having my largest position, Green Mountain Coffee Roasters Inc. [[GMCR]] , up on a day while gold is getting eviscerated is making me blush. People are approaching me, congratulating me for defeating Professor Gint; but to be honest, it isn’t necessary. Please, I insist, no autographs. “The Fly” is as humble in defeat, as he is in victory.

My predictions of higher natty, lower gold and higher Green Mountain Coffee Roasters Inc. [[GMCR]] was pure luck. I was simply taking shots in the dark, while playing with my molasses bottles.

As an aside, I know what you dipshit dollar lovers are thinking. You don’t like the dollar. No, you are far more nefarious than that. You hate America and want to see it destroyed, so that your miserable existence can be justified. After all, misery loves company.

The good news: some stocks are becoming attractive again, like POSCO (ADR) [[PKX]] , Mechel OAO (ADR) [[MTL]] and Flowserve Corporation [[FLS]] . On this dip, I will use The PPT to time new buys, when the score hits the mid 2.20’s. If you are wondering where the score is now, fuck off and chalk up enough dough for a subscription.

In short, “The Fly” is winning, even when down for the day, which should be no surprise to any of you. I look forward to defeating future enemies or friends in other inane pointless challenges, all here on the fucking internet.

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23 comments

  1. Mr. President

    I kind of feel bad for being up almost 1% today.

    GMCR
    KFT
    HBAN
    SQM
    WNR
    TSO
    COP
    TSTR

    Anyone else up? Whatcha holding?

    (forgive me, I thought we’d talk stocks in this here comment section)

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    • The Fly

      Let’s not forget, it’s gonna be a K-mart X-Mas. Long SHLD.

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    • Yogi & Boo Boo

      Never, ever, ever feel bad about being up. I’ve got HBAN, and WNR. Unfortunately no GMCR. Any pikers that want to see the rest of my holdings, can get a subscription to the PPT…

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    • Po Pimp

      Not up a lot, but in the green indeud…

      ANAD
      ATPG
      BPSG
      WFT

      Yesterday was my big up day.

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  2. jg

    fig

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  3. TA

    LOL Long Coffee, short Gold for the motherfucking win!
    GMCR proves once again relying only on charts is foolish at best

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  4. Dave

    Cheers, Lord Fly. With the exception of HD, GMCR is my only position with any significant gain. All my other Cramer stocks are down or flat.

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    • Mr. President

      Cramer must be bonging Pepto Bismol while watching the action in C today…

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  5. Tradermark

    whats the PPT score right now? 😉

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  6. Tradermark

    RAX and FIRE doing good … both are in early stage breakout if mkt doesnt fall off cliff. bought both today

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  7. Goldfinger

    Both FIG and FLY may be buys here – odd, no?

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  8. Yossarian

    Jake has been telling everyone to pare their gold/silver purchases and take profits since just after thanksgiving because he knew, rightly so, that this pullback was coming. So not exactly sure why you’re intimating he was wrong there.

    Coffee, on the other hand, is a different story.

    As is his homophobia towards the world’s best computing machines.

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  9. Mr. President

    Wow Fly, Dylan Ratigan replied to you on twitter.

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  10. mrkcbill

    Fly….I may have to use my Keurig as a Hot Water dispenser…..I dropped $30 on cups last week and I’m out. WTF…. that shit is expensive. I guess thats the point. Looks like they will follow the HP printer model and start giving the machines away make $$$$ on the KUPS

    I have become addicted to Newmans Own Brew. Ex Bold

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  11. Carson

    drug stock symbol (snta) worth taking a look at.

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  12. JakeGint

    I declared nothing.

    I own no position in GMCR, long or short. I would actually like to get some… at $55.

    Perhaps post split, but….

    As to the other, I sold 70% of my PM’s and hedged the rest with puts or short calls.

    Still do not trust CRAAPL.

    __________

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  13. A dude

    Coffee > gold but oil > coffee

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