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Yearly Archives: 2009

Boat Drinks & A New Blogger

Barring a late day collapse, “The Fly” will close out the week up more than 10%. For the year, my gains stand north of 24% and I am cooler than you, in many, many ways.

Sometime soon, the market will stall and people will regret being long. A few names worth shooting down are [[MET]] and [[PACW]]. If you are playing with SRS/FAZ, you are dealing with Deacons of Death. You’re better off throwing yourself into a lit fireplace, than fuck around with those etf’s.

With my money, I like [[ALU]], [[ODP]], [[TBSI]], [[CRR]] and [[CECO]] here, amongst many others. There is a real story to be told about Alcatel Lucent, with regards to their Chinese exposure and their role as key supplier in the worldwide LTE rollout. The one caveat: underfunded pension. If the market continues north, the pension matter will resolve itself. If not, oh well, they’re fucked.

Currently, I am long a lot of offal. I think the small crappers can run for a few more days. After that, get the fuck out, because the bottom will vanish. The small cap gambling has gotten so severe, I am thinking about buying [[MRVC]]. Someone slap me.

NOTE: I sold out of my [[AMKR]] position today, for a 20% win.

iBC election Update: Mathematically, it is impossible for Cuervoslaugh to beat Jakegint, with more than 80% of the precincts reporting. Congratulations to Jakegint for winning an iBC tab. I am sure it will rank up there with your first child, wedding and first million made in the market.

VOTE!

Who will be iBC’s next tabbed blogger? [118 votes total]
JakeGint (82) 69%
Cuervoslaugh (36) 31%

Boat drinks for everyone.

I am out of here.

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All Aboard!

This market is fucking steam shipping over you losers. When I say “loser,” I am referring to those of you who think you know more than “The Fly.” Scientifically, of course, that is impossible.

I DO NOT digress.

I will say, picking from the trash heap of stocks is quite amusing. Granted, their fundamentals are monstrously awful; and if I were not drunk on gains, I’d slap myself for even looking at half of these stocks, let alone purchase them. Nonetheless, it’s fun and profitable to delve into garbagio stocks, if only for a few days.

My position sheet is too long and tedious to repeat. However, I will say, if forced to choose one sector long, I’d go with the shippers.

Unfortunately, I sold out of my [[GNK]] yesterday. But, the good news: I’ve been buying blocks of [[TBSI]], as if my head was on fire.

Within the shippers (industry ranked 11 of 202), The PPT likes the following:

[[TDW]], [[DRYS]], [[HRZ]], [[NM]], [[TBSI]], [[HOS]], [[GNK]], [[DSX]] and [[TK]].

If you want to see The PPT, and vote for either Jakegint of Cuervoslaugh, I strongly suggest signing up for my most gracious “one day pass” offer for $2—as I will NEVER offer this deal again.

In closing, I am bullish because it treats my checking account well. Until that relationship is interrupted, I’ll be over here, in my splendorous chair, eating up blocks of orphan stocks, while you sit there in your wooden school chair, staring at an egregious foreclosure notice.

Top pick: TBSI

iBC Election UPDATE: (polls close at 4)

VOTE!

Who will be iBC’s next tabbed blogger? [88 votes total]
JakeGint (65) 74%
Cuervoslaugh (23) 26%

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Penny Stock Pandemonium

I like the rally. I really do. But when shit like [[UIS]] is flying off the handle, coupled with a little [[REV]], [[QTM]] and [[PIR]] action, you know the rally is long in the tooth.

However, it has always been my belief, despite my brief SRS/FAZ foray/debacle, the market is destined to rally until May. Without a doubt, the summer winds of despair will whistle at investors over sized ears, once the unemployment lines reach carnival-like proportions.

However, it’s just too much fun, playing with all of these little penny stocks, making a gagillion dollars per day. It’s almost as if the recession wasn’t real. It’s almost as if, men with florescent orange leotards are running the country.

At any rate, before the miserable month of May approaches, I will endeavor to have fun, on the long side of trades. I must admit, I do enjoy kicking you old fuckers down empty elevator shafts a great deal, indeed.

For a trade, I like ODP, CRR, JDSU and ASX, right here, right now.

NOTE: Latest poll showings had Jakegint in the lead.

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3 Found Dead in Hunting Accident

Asshatville, America— Police are investigating a tragic hunting accident, where 3 bloggers were found dead, with high caliber punctures to their moustaches.

One witness at the scene, who goes by the name of “Howard Lindzon,” said “I saw some guy throwing bowling balls out of his 80’s style stretch limo, then shots rang out like OMG. I haven’t been so scared since a bunch of rappers came into my favorite gay bar and beat us all senseless.”

Police are on the lookout for a white vintage 1984 limousine, with the license plate “BWL ON YOU.”

The victims were identified as Vertitas5, Ripetrade and Zmoose.

Pick the THREE candidates LEAST deserving of an iBC blog. [617 votes total]
Jakegint (80) 13%
Cuervoslaugh (107) 17%
Ripetrade (149) 24%
Zmoose (158) 26%
Veritas5 (123) 20%

In other news, the Godly folks at iBankCoin will be electing the next “tabbed blogger” tomorrow, at The PPT. For those of you who are interested in voting and checking out the best financial tool ever invented, it will cost you $2.

Click on invite, if you are interesting in partaking in a democratic event.

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INDEUD

Where shall I begin?

I fucking roasted the livers of my enemies today, like pigs in a vat of hot oil, charging ahead by more than 4.5%, effectively wiping out all of my losses from last week. I attribute such mastery of the markets to my “calculator brain” and “space alien magician” ways.

I booked absurd profits in [[RFMD]] and [[GNK]] today, while loading my vessels with lots of ugly shoes, [[CROX]]. I went long nearly defunct office supply stores, [[ODP]], while accumulating large blocks of bullshit networking companies, like [[ALU]] and [[CAVM]].

Let it be known, I closed out today’s session long of [[CECO]], [[ALU]], [[TER]], [[ODP]], [[CIEN]], [[AMKR]], [[LDK]], [[OVTI]], [[ASX]], [[CROX]], [[CRR]], [[STAR]] and a little [[MVIS]] for shits and giggles.

My short exposure includes, unfortunately, [[FAZ]], [[SRS]] and [[FXP]].

I hope you have learned your lessons, betting against the man in the plutonium powered time machine. Just when you thought Plutonium Petey was down for the count, BAM, he rolls on your face with his oversized go-cart.

So you know, the Godly folks at iBC have elected to allow you to access The PPT (one day pass), in order to vote for iBankCoin’s next tabbed blogger, for a menial fee of $2. Once there, you will bear witness to “The Fly’s” intra-day awesomeness and understand why The PPT is the best financial tool ever invented.

Indeud.


Who Will Die Next?


Pick the THREE candidates LEAST deserving of an iBC blog.

Jakegint
Cuervoslaugh
Ripetrade
Zmoose
Veritas5

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Fly Buy: ALU, ODP, CAVM, ASX

I bought 100,000 [[ALU]] @2.39. And, I bought 20,000 [[ODP]] @ $1.90.

UPDATE:
I bought 3,000 [[CAVM]] @ $12.47.

UPDATE II: I bought 10,000 [[ASX]] 2 $2.59.

NOTE: PPT upgraded ALU and CAVM to buy today.

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Fly Sells: GNK, RFMD

I sold out of my total position, around $16.65ish.

UPDATE: I sold out of 90% of my [[RFMD]] position, just north of $2.57

Indeud.

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