I know the SaRS mobile is not for everyone. Over the past year, [[IYR]] has poleaxed all CRE shorts, thanks to the monster gains in Simon Property Group, Inc [[SPG]] , Vornado Realty Trust [[VNO]] and many other CRE names. However, there are some chinks in the armour [sic].
If I wasn’t sick to my stomach right now, I’d be digging further into shorting the following residential real estate plays.
Sun Communities, Inc. [[SUI]]
Apartment Investment and Management Co. [[AIV]]
UDR, Inc. [[UDR]]
Home Properties, Inc. [[HME]] and
Essex Property Trust, Inc. [[ESS]]
Come on already. Enough of the craziness. These fucking stocks, like many others, have run too far, based upon nothing. Keep in mind, I am not short any of these names. My entire representation in the space consists of a 20,000 share long position in [[SRS]] , cost basis $27.9. However, I’m just saying…
Oops: I forget that SRS split 5:1 today. My position is only 4,000 shares now.
If you enjoy the content at iBankCoin, please follow us on Twitter
They’ll run DRN back up to new highs tomrrow. Watch. Suck the shorts in today, burn them tomorrow.
maybe
Fly, get well soon. Your sickness reminded me of a place that you should avoid at all costs during your West Coast vacation. Below is my story, followed by a recipe for magic tea that should cure your cold.
———————-
Bahia Don Bravo, La Jolla
Bahia sent me on a journey that can never be forgiven. Last Tuesday, I ordered their “shredded beef” burrito. It was more like a “shredded beef and e-coli” burrito, as the cook must have not washed his hands after a dropping a deuce in el bano. Furthermore, the burrito itself was total crap. It was dripping disgusting red oil/grease, and it tasted like I was Bear Grylls and I came across a 2 week old dead carcass. Let me tell you, I am not a burrito novice; I know my burritos. I am a co-founder of “Bean Club,” a recently formed Mexican food rating team out of San Diego. We go around to burrito joints all over San Diego based on Yelp reviews, and rate the places for our own records. It is a welcome diversion on most Fridays.
Back to my story…
So Tuesday night, after my Bahia lunch, my wife and I had spaghetti for dinner. She had no problems, and the spaghetti was really simple – so it is ruled out of this equation. The following is a timeline of events:
Tuesday, 11PM – go to bed, feel a little queasy
Tuesday, midnight – haven’t been able to sleep a wink, and I feel this knot in my stomach. My body starts buzzing for some reason. It’s probably my body’s response to the cook’s fecal matter working its way through my system. Not good…
Wednesday, 2AM – still can’t sleep. My intestines start to liquefy, my mouth gets dry, and I am lying there in pain… I know something bad is happening, however I just try to get to sleep.
Wednesday, 3:30AM – almost asleep, when all of the sudden my eyes pop wide open and my body goes into “emergency” mode. I run to the bathroom and spend the next 2 hours with my legs going numb as I rock back and forth over the toilet.
Wednesday, 5:30 AM – great… we have to get out of the house for termite tenting, along with our cats. The plan was to drop the cats off at wife’s work, and I would go to work. I stand up and let the blood return to my legs, get in the shower, and I immediately have to step out with one leg to lean over and barf in the toilet. Spaghetti everywhere.
Wednesday, 7:45 AM – We leave the house with the cats. Fortunately, the most recent wave of barfing has happened – so I have a window of about 20 minutes. We get the cats to wife’s work, and I make a bee-line to the bathroom for round 5 (or 6) of barfing.
Wednesday, 9AM – 12PM – I spend most of the morning on the floor of a small storage room at my wife’s work, surrounded by loudly meowing cats. This is agony. I have to run to the bathroom every 20 – 30 minutes. I am also going on 30 hours with no sleep. On one of my trips to the bathroom, a guy walks in and puts a seat gasket down. Before he can even get one plop out, I start loudly barfing again. Guy quickly jumps up and leaves. Another employee walks in and turns right around. They must think swine flu has hit the building…
Wednesday, 12PM – 2PM – my whole body aches like I have the flu. It hurts to blink. Wife brings me tea in my little room, which I am finally able to keep down. Cats are no longer howling, so at least I have that going for me.
Wednesday, 2PM – 5PM – I have stopped barfing. I can keep tea and 1 banana down. Did I mention that because of the termite tenting, we decided it would be fun to camp on the beach for 2 days? We get to the campsite and I sit in the car, weakened from my “journey” that started the previous day at Bahia. My wife sets up the tent.
Wednesday, 6PM – 9PM – I am in the tent. Everything still hurts. Asprin not helping much. I drift off to sleep and curse Bahia.
Thursday – felt like crap for most of the day, back to maybe 75%. My insides hurt like I have been in a boxing match.
Friday – feeling 80%, I promise myself NEVER to eat at Bahia again, and to post my harrowing story so that I might save other people from the same agony I went through.
This whole experience almost made me quit bean club all together. Fortunately, I am taking baby steps to get back on the wagon. I just had a breakfast burrito at a reputable taco shop in La Jolla today, and my confidence is returning. I should be back to having meat in my burritos next week.
—————
tea recipe:
3 fresh lemons
1 tsp cayenne pepper
3 cloves of garlic, pressed
3 tbsp 100% pure maple syrup
1 tbsp honey
2 tea bags of your choice (I use echinacea and tension tamer)
Juice the lemons, add to the other ingredients + a coffee pot full of boiling water. I usually make 2 or 3 during the day.
I’d rather throw up, like a man, than drink that fancy herbal tea of yours.
LOL
That’s like magic johnson saying “I’d rather die of AIDS than take that fancy AZT of yours” Just sayin
touche.
But last time I checked. AIDS killed you, while food poisoning only makes you feel like you would rather be dead.
Tell that to the 2257 people who will die of diarrhoea [sic?] today
http://tinyurl.com/waytmi
Granted, you are not an African baby under 2 years old (I presume).
Worst fucking tory of my recent memory..which due to huge amounts of various drugs over the years is not that go…what was i saying?
I had a near identical experience a few years ago but I won’t go into the details. All I will say is I’ve lived in Asia for several years and eaten some pretty disgusting crap during that time. But normally I never have “issues” like this.
Well I had to spend 6 weeks in Banglafuckingdesh of all places. Never a problem there either amazingly enough. Get back to Bangkok, grab a chicken sandwich in KFC and I’m wiped out for the next 24 hours. Fuck that Colonel Sanders bastard.
Perhaps it was one of your evil cats
shitting in your spaghetti and sauce that caused the commodetion? (sic)
LOL
Quite possible. http://tinyurl.com/reginaldconspiracy
DIrk,
I read your story with interest since I had a very similar case some years back. The main difference was I was camped on the beach IN SAN FELIPE, MEXICO! I had to run to those disgusting banos and kneel to putrefied porcelain. The pain was unbearable and I wanted to go to a hospital but all my friends said it would be worse. That was my last trip to Mexico.
Oh man, that is way worse. Mexican toilet AND Mexican hospital. I don’t blame you for never going back.
Dirk- thanks for the story! I haven’t laughed that hard in a long time!
I knew you were near death, or wishing you would die, but for some strange reason I found it quite
amusing and funny.
Glad to hear you survived.
And, Sir Fly, I hope you are feeling better.
Just sold out of FTK at $1.73.
Can’t believe I just sold out of this shit stock that I’ve held for the last six months. I promised myself after the most recent dip to the 1.30s that I’d sell the second this biotch crossed back over the 1.70 mark. I’m sure the full-bore running of the bulls will commence now that I’m out, but what a friggin relief.
I dont get it. Jobless numbers are way up {BAD} and yet we rally… To boot the banks are banking coin in “trading profits”!!!
something is amiss here.
we melt up until the FED discount rate raises??
At this point, I’d say we just melt up or sideways until earnings are over.
But then, what the fuck do I know?
Yep the banks continue to take big risky bets with free money from the fed. How nice. some of the same bets that brought the house of cards down, i.e. CDS
U.S. mutual funds and ETFs posted inflows of $132.9B in Q1, while investors pulled a record $324.4B out of near-zero interest rate money-market funds.
Fly has returned to God status with his call on SRS. Feel better, and make sure to add to your position in SRS as it languishes down here. The CRE names are going to get absolutely killed soon. I suspect it may take up to a month for it to happen, but the big gains in the space are now over. I started my position in SRS and will add to it on any strength in CRE. Thanks again your highness, for a very good pick, indeed.
Hi
Is this where I’m supposed to show up to collect my 40 points? Can anyone tell me?
Thanks,
HB
Fly, Hope you feel better.
Agreud.
If he doesn’t feel better by now, he may be dying. Anyone consider that Devil Dog poisoned Fly for betting against the market in SRS.
dont think too much about this bull market. just keep invested. if it goes down, borrow some money and invest(thinking you must be fully invested by now).
FTK will make the FLY squeal like a pig drowning in cranberry sauce.
He’ll realize that averaging down and sodomizing crabs are both bad ideas around the time it hits $1.40
Your mother milks horses.
On the plus side there’s TWI
TWI was screaming to be bought, just as you will (but for different reasons) when it becomes clear to you that FTK is like a shiny yo-yo that the big boys use to lure the innocent so as to violently and egregiously explore their nether regions.
shut up
Another brick in the wall.
what did Ramsey do before he was a chef?
When you meet him fly keep the football opinions quite, euro football that is.
He played for Glasgow Rangers, quit due to knee injury
http://www.charlierose.com/view/interview/5801
Love the new iphone app update.
Love the new iphone app update.