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
23,443 Blog Posts

“The Fly” Wins Again

Betting against “The Fly” is like going to Vegas and putting your life savings into the fucking slot machines. From time to time, you will win a few bucks, giving you the courage to bet again. However, at the end of the day, you are borrowing money to get home—because you lost it all betting against the house.

NEVER bet against The House of “The Fly,” especially for a duration of longer than 1 week. Eventually the laws of nature come into play and I win, such is the case today.

I am enjoying the splendor of winship today, all thanks and praise to those dastardly “buy only” robots at Goldman and the Federal Reserve.

From POSCO (ADR) [[PKX]] to Nucor Corporation [[NUE]] to United States Steel Corporation [[X]] to ATP Oil & Gas Corporation [[ATPG]] , I am winning.

However, now that the winning is out of the way, some of you may want to book some profits—just in case.

NOTE: I was going to get into detail about Chinese superstitions over the year of the tiger aka “widow year” and how weddings were up 100%, yoy, just prior to the new year and how Ctrip.com International, Ltd. (ADR) [[CTRP]] could stand to benefit from such a social shift; but I changed my mind. You fuckers don’t deserve anything by the black flag.

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16 comments

  1. henryfool

    Henry Fool wins again too! I already have my next move planed too. Stay tuned for more on that this week.

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  2. Day Hova T

    shit is bullish

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  3. Speculation

    Cramer is pumping and dumping small cap stocks on his Mad Money at noon. This should be interesting…

    http://bit.ly/c8ocYy

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  4. V.King

    I love your new ad’s…

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  5. cardiffgiant

    Fly,

    You made such a good case for CMI as a long term investment yet you have sold most of your position after a very short holding period. I understand the importance of booking profit but why sell such a good growth prospect so quickly?

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    • TheArtist

      excellent question, and I was thinking the same thing.
      since his reason for buying it was a long term thesis on the new diesel engines not yet fully coming on line in the trucking industry.

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      • The Fly

        I still hold 25% of it, which is a lot. I sold because of market conditions, trying to zig-zag the market.

        The ideas are not that important to me, just percentage gains. I am chockful of ideas.

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  6. BernieCornfeld

    Your call on X has just been revolting! wish I had followed *sniff *

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  7. TA

    Where did all the bears go?

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  8. Paladin

    Hey, Fly, can the PPT search all stocks for the ones wioth seasonal tendencies and print the top 100?

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