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
23,441 Blog Posts

Triple Digit Year!

With today’s melt ups in Flotek Industries, Inc. [[FTK]] and Green Mountain Coffee Roasters Inc. [[GMCR]] , “The Fly” is now up more than 100% for the year. Quite honestly, I did not expect to enjoy such immodest returns; but I accept them with a dark heart and fist full of sand.

If you take a step back, ever so gingerly, there is an important lesson to be learned here, which is: Betting against “The Fly” is pure madness.

As you could imagine, I am quite busy today, dealing with issues all related to the business of responsible asset management. So you know, into 2010, I will be building up positions in Cummins Inc. [[CMI]] , Flowserve Corporation [[FLS]] and ICICI Bank Limited (ADR) [[IBN]] , while celebrating winship in Ctrip.com International, Ltd. (ADR) [[CTRP]] , Green Mountain Coffee Roasters Inc. [[GMCR]] and Sears Holdings Corporation [[SHLD]] .

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30 comments

  1. Sir Prime Bean of Caffeine
    Sir Prime Bean of Caffeine

    Congrats! You had a monster year while constantly blogging. Fuckin’ A.

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  2. ppearlman

    well done fly!

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  3. LOL

    I am up 498% u fucking self-absorbed POS website spammer who likely would rather sell shit to his fag followers than actually try to run a fund. which u cant cause u suck balls…

    As an aside, I’d like to take this opportunity to inform all single males that I am gay.

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    • justme

      i really, really feel sorry for you…just sayin’

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    • The Fly

      And I am sure you eat purple dinosaurs for dinner and drink pink daffodils.

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    • Mr. President

      New term for the dictionary: “Internet Gangster”. Definition: random drive-by posters who make outrageous claims which are impossible to substantiate, as if anyone is supposed to believe them, while speaking to Fly in a threatening manner.

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    • Hammy

      hahaha

      the occasional drive-by is actually a breath of fresh air to clear the stale stench constantly emanating from mouth-breathing brown-nosers on this site

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    • tampa trader

      you’re either up 498% on a real small amount or up less…no one up 500% YTD on serious money would need to spaz out with a comment like that. You should be celebrating and sharing your expertise. good luck.

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  4. J

    didn’t the fly buy Flotek upwards of 1.8.. hehe.

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  5. Mr. President

    Well done, Fly! Congrats! I am sure your fees and other monetary rewards are bountiful. They are certainly deserved.

    Hopefully Mrs. Fly does not read this post, or your excursions through Whole Foods may become even more egregious.

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    • The Fly

      She NEVER reads the site or Twitter.

      Needless to say, she would not approve.

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      • sandfleas

        Are you sure about that?
        If Steve The Neighbor reads it
        and his wife reads it,
        and your wives are friends…..

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        • SteveTheNeighbor

          Mrs. Steve reads this site every day and so does Mrs. Fly.
          They have had many discussions over the use of the foul language and how it could effect Fly, Jr. on the tennis court and in school.

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  6. mrkcbill

    Not even Greg Solomon could approach your winship sir.

    You comport yourself with dignity and grace!!!

    Happy New Year ..KING COCK

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  7. Nigerianundies

    Fly,

    Congrats on 09. I note you didn’t include SD in your “building positions” list. have you moved off that?

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  8. ZenProfit

    Congratulations.

    Where will The Fly be going to celebrate 2009’s massive winnings?

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  9. RC

    Well done Senior Fly! Well deserved.

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  10. King James

    Awesome, just awesome. Congratulations Le Fly.

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  11. northern soul

    Well done Sir Fly! indeud!

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  12. Faustus

    Fly, did you ever sell any FTK after the drop or buy more/average down?

    Nice going on GMCR. For what its worth, I had an arduous time getting my hands on one up here in the Great North as most stores were sold out.

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  13. Sebaco

    Nicely done. Appreciate the picks, insights and blog/prose.

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  14. TA

    GMCR was a huge win, blowing through all expectations including mine.
    Well done!

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  15. SteveTheNeighbor

    Good job neighbor. I am thinking of turning over my unemployment check to you for trading purposes.
    Also Steve, Jr. has some Bar Mitzvah money he wants to turn over. His Uncle Leo and Aunt Thelma Schwartzberg gave him a whopper of a check.

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  16. Largebill

    Fly,

    Congrats on a very nice year and good luck in the one to come. Glad I could ride along on some of the picks. Just wish I did better at deciding when to follow as I didn’t play along on a couple nice moves up in GMCR and EQIX among others. Oh well, there is a lesson there just the same. Not sure what my percentage gain is year over year on all accounts, but my active Scottrade one is well over 100% up since March. Mutual funds (Roth and pension funds) no where near as good a year.

    Thanks again for the constant entertainment and the occasional stock idea to research further.

    Bill

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  17. The Fly

    No prob bill. I believe you are my most loyal reader, dating from the beginning.

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