The Fly Wins Again

You’re all idiots. I am not your Pastor. I am not your kids school teacher. Hell, I am a nothing more than a leaf in the wind, a blogger of sorts, yet for some odd reason you think I am beholden to you.

Fly gets a stock pick wrong: “OMG ROFL WTF.” Fly gets a pick right: “YEAH OMG FLY IS GOD.”

Fuck off, lady.

Dude, get a hold of yourself: this is a fucking blog, not some sort of Broadway show, whereby the audience gets to throw celery at the performers. I will fucking punch your eyebrows off for a half twisted smirk, let alone all of the bullshit you spew in the comments section.

All you need to know, emphatically, is that I am better than you, whether it be investing, a game of darts or even flipping through television channels: “The Fly” does it better.

So, with that established, understand, you are not qualified to leave messages for Senor Tropicana. Go whistle Dixie at a Tea Party, asshat.

As for trading:

I am winning again. That’s all I feel like saying, at this moment in time.

Asshatville, America—Police are investigating what looks like an execution style killing of four bloggers, found dead at infamous stock market website, iBankCoin.com. The victims were identified as Boca, Al, Dpeezy and Pikertrader.

Thus far, there are no leads as to why the four were killed. However, it is believed that the owner of the website, who goes by the name of HORATIO CLAWHAMMER, better known as The Blogfather, put a hit out on the unlucky four due to “inadequate grammar usage” and “fucktarded stock market picks.”

One eyewitness, who goes by the name of DEVILDOG, said “NEW LOWS SOON, BITCH,” when asked about the crime. Police are still investigating what that ominous phrase means and have placed Mr. DEVILDOG in a padded cell for further questioning.

WHO WILL DIE NEXT!?

Pick the FOUR candidates LEAST deserving of an iBC blog. [970 votes total]
cuervoslaugh (106)	11%
AI (119)	12%
DPeezy (123)	13%
pikertrader (113)	12%
boca (139)	14%
ZMoose12 (95)	10%
Veritas5 (72)	7%
ripetrade (102)	11%
JakeGint (101)	10%

[youtube:http://www.youtube.com/watch?v=pU6KhFWvKPM 450 300]

Forget about my little SRS/FAZ buys. They are mere insurance policies, in the event things go awry. I am heavily long here, in a variety of shit stocks, so that I may endeavor to “outstrip” many of you—for it is my rightful duty to do so.

As you know, by now, it’s hilarious that people are still betting for a decline. We have ourselves a full fledged rout of the bears and I must say: it’s damnasticly fun, beating them to a pulp.

My current longs include: [[GNK]], [[RFMD]], [[CIEN]], [[AMKR]], [[STAR]], [[LDK]], [[CROX]], [[ODP]], [[OVTI]], [[CECO]], [[CRR]] and [[TER]].

I sold out of [[SCO]], [[FEED]] and covered my [[ACC]] short (near the day low). At the present, my hedges include FXP, FAZ and SRS. However, they are minute in size and girth.

I am 85% long, 5% cash and 10% short. So, the daily moves in any of my existing inverse etf’s are entirely acceptable, providing my longs are doing their respective jobs.

For the day, I was up another 2.5%, thanks in large part to RFMD.

For the record, The “Senators of The PPT“ shall pass judgment and decide the fate of what you will read, with regards to who will become the next tabbed blogger and how it shall affect your lives. They will impose their will, if I might be so bold. However, I will permit you, the unwashed, to execute all but the final two candidates, who vie to become iBankcoin’s next tabbed blogger. Once we are left with the survivors, “The Distinguished Gentlemen of The PPT” shall cast their ballots, expressing their God given democratic rights, all thanks and praise to the Godly folks at iBankcoin, of course. Please understand, such an important task cannot be left to the proletariat. Such decisions must be made by men of honor and substance.

WHO WILL DIE NEXT!?

Pick the FOUR candidates LEAST deserving of an iBC blog. cuervoslaugh AI DPeezy pikertrader boca ZMoose12 Veritas5 ripetrade JakeGint Current Results

I am not insane, at least not yet. But, from my vantage point, the chips must be bought on dips, until the rubber lips of short sellers get boxed off. Now, I am not suggesting that business is booming or global growth is back in vogue. What I am suggesting, backed up by Intel’s conference call, the PC market may have bottomed, back in February.

How can I suggest such a thing?

Well, for all intents and purposes, back in February, business ground to a halt. Capacity utilization rates were running between 35-40%. Do you realize how fucking ridiculous that is? The panic has ended and mild end user demand for goods and services is back.

As a result, production at certain foundries are now running near 70%, almost double the rate of just two months ago. Inventories have been stripped bare and prices for chips are on the rise.

It is very possible that my bull thesis for chip on dips is wrong. Perhaps we are enjoying a mild respite, just prior to the ax of death falling on our respective heads. We shall see.

In the meantime, I want to be long the following, preferably on dips: [[RFMD]], [[AMKR]], [[TER]], [[ASX]], [[SPIL]] and [[TQNT]].

Also, thanks to government stimulus and Verizon, I want to be long stocks that are participating in the 4g roll out. Names like [[STAR]], [[ERIC]] and [[ALU]] are of great interest to me. And, I am a big fan of the WLAN rollout. There, I like [[ARUN]], specifically as a takeover play.

For now, I will resume eating sticky oatmeal, out of an oversized wooden bowl. And, I’ll have you know, I no longer require the services of Dunkin’ Donuts. I have moved on, pass that blue collar stage in my life, and have resumed consuming the sweet/bitter liquids at [[SBUX]] again.

Developing…

UPDATE: I sold out of SCO at $30.

UPDATE II: I bought 2,000 CRR @ $30.22.

UPDATE III: I bought 5,000 FAZ @ $10.80

UPDATE IV: I bought 2,000 SRS @ $33.80

You’re an idiot if you are still waiting for the market to come down. You are twice the idiot if you are doing so, from the crowded confines of a fucking Tea Party.

There is nothing wrong with expressing disdain for government, even if it means having to throw perfectly fine tea into the harbor. However, it has become a partisan event, meant to stir people with small brains, who drive yellow punch buggies to work. For that, I am not interested.

When it comes to stocks, I simply bowl. Bowl what, who, when, where?

I bowl on you, as if your head was a wooden pin and I was throwing cannon balls, stuffed with c4 explosives, in your general direction.

I sold out of my [[FEED]], for ridiculously handsome percentage gains. And, moreover, I did something woefully awful. I bought 10,000 [[CROX]]—at the market. Eeekk.

I do not like green eggs and ham. And I do not like rubber shoes with holes. Howsoever, I am all about exploiting stocks with big nervous short positions.

Right here, right now, I like [[GNK]], [[RFMD]], [[CROX]], [[ARUN]] and [[ALU]], just for shits and giggles.

UPDATE: I covered my short in [[ACC]], around $18.49

UPDATE: I bought 30,000 [[CROX]] @ $1.76ish.

UPDATE: Long another 30,000 [[CROX]] @ $1.86.

The Godly folks at iBankCoin are proud to announce the deaths of discoordinated, Breakfast Meat and crgmdy. Sadly enough, the ever popular Jakegint escaped meeting with St. Peter himself, by just a little tiny sack hair.

In all truthfulness and honesty, most of you fuckers don’t deserve to read this site, let alone blog on it. For those who survived tonight’s massacre, congrats. Perhaps you will not be so lucky tomorrow.

Vote for the THREE least deserving candidates. [941 votes total]
cuervoslaugh (31)	3%
AI (24)	3%
DPeezy (102)	11%
discoordinated (137)	14%
pikertrader (29)	3%
Breakfast Meat (158)	17%
boca (113)	12%
ZMoose12 (34)	4%
Veritas5 (25)	3%
ripetrade (18)	2%
crgmdy (138)	15%
JakeGint (136)	14%

[youtube:http://www.youtube.com/watch?v=dsz-EeNZBkI 450 300]

Buyers of banks and commercial Re were given the ominous Black Flag today. Of course I am disappointed, not being long truckloads of SRS and FAZ into the dark pool of poisonous downticks. However, I have come to realize, in life, somethings aren’t meant to be. For example: most of you losers will never get married, have kids, get rich, or experience the joy of throwing jumping jacks at Wall Street pikers, from the back of an 80’s style stretch limo.

I DO NOT digress.

At any rate, playing earnings is for gambling losers. Therefore, I am not buying or selling [[INTC]] ahead of earnings. But, let me tell you, good Sir, I will buy the dips, particularly in the chips.

In case you were wondering, at home—keeping score of “The Fly,” I made back another 2% today, putting my ytd wins at 16%. Over the coming weeks and months, I intend, with great vigor and tenacity, to knock the skin off of the skulls of the men who bet against me, via large directional bets and outright audacity.

Look you, don’t make me repeat my buys and sells in every post. “The Fly” is too busy to fuck around with you midgets, by way of spoon feeding you the soup of the Gods aka PPT intelligence.

Long 30,000 [[RFMD]] @ $1.94, 5,000 [[TER]] @ $5.02 and 2,000 [[CECO]] @ $21.20.

Disclaimer: Don’t even try following me, for this is space alien magician shit.