I’m done re-calibrating my positions, still at 10% cash. I’ve been buying EXK throughout the day and will continue to buy until it represents 10% of my holdings. I endeavor to make it my largest position (pun intended). At the present, for the last week, CLF has been my largest holding. Going into “merger Monday,” I have no desire to sell it, as it likely to be acquired, before I expire.
The truth of the matter is, “Le Fly”, as he is known in France, is having a good day. His positions are up and his business is, yet again, at an all-time high. I do not ask for these gifts of lifestyle and grandeur. Instead, I carry the burden of being right, for all of you ham and eggers out there who can’t do it yourself. Put a wrench in my hand and I will destroy your house, car and kids. However, give me 20 mill to manage, and I will turn that shit into 100.
As an aside, I do not wish to be congratulated for my wins, by the likes of you. I did not accept your criticisms and “worldly advice” when times were good. Therefore, now that the sun shines on me with hot fire, and shit, I reject your salutations as nothing more than child play. May you be stricken in the face with Portuguese dinner plates this evening.
In closing, I am a very busy man today, and a busier Father. I must go now, much to your chagrin.
Top picks: REXX, BBRG, EXK, Q, DMND and KBH
[youtube:http://www.youtube.com/watch?v=UGRWCxs0AW4 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
i heard, in france,they only bathe on saturdays. is this true.
no
No. It’s only on every other cloudless full moon. Which is only occasionally Saturdays.
Ho! Ho! Ho!
I even bought some GOOG today and am watching it ramp…
Any opinion on CCJ? Uranium seems so, like, yesterday.
Long WAB on PTC mandate. I’m a monkey, DOLE is my favorite food.
I am long ccj
You are obviously not in front of your quote device….If you saw what FTK is doing today, you wouldn’t be talking about some dirty spent uranium rod that CCJ is!
Out of curiosity, how do you get around regulatory issues with regard to posting stock picks and such when you run money? Does it only matter if you are a certain type of asset manager? Or do they not have jurisdiction over space alien magicians?
Long — BBRG, and EXK today in my bullshit 5 figure trading account. Many thanks.
He’s not advising you to do shist. In fact, he’s telling you not to follow him. It’s all about the EGO.
(and the EXK).
___________
If you had any idea about the concept of the EGO you would shut the fuck UP for a year or so! Just to stop embarrassing yourself!
Banned?
what’s the matter, joe? vagina problems?
Yes…he cant get any.
EGO is a stock, you tremendously dumb pietz o’ chit.
_________
This is a perfect proof of what an IMBECILE you are…You, ACTUALLY assuming that I didn’t know this! This IRONY of this in SO MANY LEVELS…What a cocksucker CUNT!…Why dont you have DMG lick your clit, you obese cocksucker. The IRONY!
would le Fly care to let us know what his target is for EXK?
I don’t think he will tell you that. I wouldn’t.
Just last evening a gentleman struck me in the face with what I presumed to be a Portuguese dinner plate. However, upon further examination of the broken pieces splayed across the hardwood, I concluded that it was actually a Spanish gravy boat.
Spanish gravy boat is the dirtiest possible sex move. Sorry to hear that you got splayed.
Googled “Spanish gravy boat” nuttin, Urban dictionary “Spanish gravy boat” nuttin. Is that the correct name? Or is it something like the “spanish projectile gravy boat?”
Just thought I would get imaginations going.
It translates into Ukrainian in a way that is most unwholesome.
Count me in.
lol oh noes the neflix shit is imploding.
clf looks like a damn good buy to me.
fly is awe inspiring.
happy weekend all.
lol oh noes the neflix shit is imploding.
clf looks like a damn good buy to me.
fly is awe inspiring.
happy weekend all.
hrmmm… it said it was duplicate comment. srry.
Noodle did you short NFLX after watching Manuel on CNBC?
I made my first “follow the fly” trade. Bought 1000 LMLP yesterday at 3.04; sold it today at $3.40
to net $344. Pays for 30x750ml of Beam’s Choice 80 proof, and four 30-packs of Old Milwaukee.
I only drink the good stuff during the holidays.
I believe that was “follow the v.king”, no?
Yup, that was V.King, the oft banned one. He was correc on LMLP.
I know some of you try to be as witty with your comments as The Fly…..really, just give it up. He is the only one who can actually make this gal laugh out loud. To him, I will simply say thanks for the FTK alert even though I’m sure he wouldn’t care less.
Are you as big a dhead as you sound ?
No, not at all.
___
poor le fly lost out on the move in GMXR. There is still time to get in, we are going much higher.
The V.King has up(ped) his target on LMLP to $100 a share.
Mr Fly did you do that little 3PM beat-down on REXX?
blew out my position in GMXR @ 5.25 for a 5% gain. Thanks Fly and the PPT!
Guys, this may be important. I believe I may have uncovered the real and what now seems to be an obvious reason behind the big CFO selling of Netflix shares. And how publications like ZeroHedge did not give you all the details while breaking the news to you. Bottomline, the sale had nothing to do with lack of confidence or some relevant insider information. Please read on and feel free to provide feedback – http://ibankcoin.com/king_of_the_pg/2010/12/03/nflx-%E2%80%93zerohedge-exposed/
Looks like the run in silver is over . . .
LMFAO!
then you havent heard the latest PT on gold from the SQIUD today, and silver, the fucking top will be in @ 130 adjusted for inflation of course. even the small shit miners are parabolic
I’ll believe that when the sun explodes.
I am now up 160% in FTK and I have no fucking idea why. Am I suppose to feel smart? All I did was follow fly then ignore him later. I’ve got a feeling that at some point the rug will be pulled and my real stupidity will prevail.
take half off the table then …
Good Leeching!
_______
I like that idea. Thanks!
Portugese dinner plates…too effin good
10% in on a bullshit silver company. Only Fly could make that work.
what is that avitar?
It’s a geoduck. They live for 160 years and look disgusting. http://en.wikipedia.org/wiki/Geoduck
Yup, pronounced Gooey-duck. I don’t know why they spell it wrong. Team mascot for Evergreen State college, Olympia WA. Worlds biggest razor clam. I don’t know about living 160 years…
Saw them on “Dirty Jobs”. They look like they’re “uncircumcised”.
Your clam doesn’t have a beard.
Do they play UC Santa Cruz? That would be a slimy contest!
Does Evergreen State play UC Santa Cruz? That would be a slimy contest!!
food for a crab, no?
jesus h christ..how can you be so fly and pick such sucky music…??
If you’ve gain a considerable amount of $ in short term stock sells, do you need to make some kind of estimated tax payment before the end of the year in order to avoid a tax penalty?
Good for you.
I believe you need to pay a min of 90% of your taxes each quarter to avoid a penalty. For this qtr 90% would be due by 1/15/11
Thanks. I found the EFTPS site for making estimated tax payments.
http://www.infowars.com/republicans-move-to-block-ron-paul-from-monetary-policy-subcommittee-chair/
How much more proof do you need to determine that these republican cocksuckers are just OUTRIGHT nazies. Enablers of all that is EVIL in this GOD’S country!!!!!!!!!!! Have been for so the last 30 years!
How long are you imbeciles going to buy the nazi fed line that it is Pelosi and Barnie Frank that brought this evilness to our country? GET A FUCKING CLUE YOU IMBECILES!
Joe– you know nothing of real Nazis
Yes, Joe, as Cascadian says they are not Nazis. (They are fascists.)
Just kidding. Actually the relevant point is this:
The mainstream Repubs are NOT libertarians. No matter how much they campaign as such, talk as such etc., They are NOT libertarians. They are just lying to get the libertarian vote.
I’m glad to have you joining the silver party, Mr. Fly.
And as someone who has owned EXK since the depths of September 2008, I congratulate you on your choice of a fine vehicle. No doubt your choice is influenced by the master-of-all-things-precious Jake Gint.
BUT
I have to advise caution. We are due for an intermediate cycle correction in all things silver and gold. We will probably see EXK trade 20% lower over the next month before resuming its bull run. I am busy hedging as we speak.
My advice, as a veteran goldbug and friend of the court: leg into the EXK slowly. Save your powder for January.
WRONG AGAIN.
EXK goes straight up, with your hedges.
That reads like advice to the Fly.
I know advice when I see it, and that definitely looks like you’re advising the Fly.
Obviously, you are not familar with the rules around here.
Good luck.
Guilty as charged.
It’s, THE jake gint. please address accordingly.
Im up 160% on ftk as well and i dont even know what the fuck they do, nor do i care. I just know the fly is the best at picking these stocks. Where is the idiot who said it will never go to 3 a few weeks ago?
C’est moi. Eating crow, currently. I wanted to sell the shit out of the Dec 2.5 calls around $.50. Glad I didn’t, would have gotten my face ripped off.
QE3
Just in case there’s anyone who hasn’t seen this yet. You Tube is tryng to help Fly’s EXK trade go up.
http://www.youtube.com/watch?v=Gl47z2g2EvI&feature=player_embedded
Did you guys hear what Mr Bernanke had to say on 60 minutes?
He said, “clambake”. No matter the question, always the same answer. I think your nuts if you don’t listen him, I’ve said it a million times, Bernanke knows what’s best for you and it’s higher stock prices.
The fly is godlike with his investment prowess. However, his profitable speculating/assault using zero fundamentals via his little black algo box is destroying the market as an investment mechanism.
Cheer him all you want. The reality he is part of the cancer that has destroyed the stock market as we used to know it.
Put your top hat on Fly and look in the mirror. Do you really see a gentleman?
“zero fundamentals” are you kidding? How long have you been here, 2 wks?
Do you use a pencil and paper to do calculations or a calculator?
Your “logic” is absurd.
“The reality he is part of the cancer that has destroyed the stock market as we used to know it.”
If you believe that, you’re a hypocrite for being here.
Define “investment”?
You know nothing. Ppt incorporates both technical and fundemtals.
Moreover, i help the internet leech get rich, not some asshole from
gS
Indeud.
Got a 2.3% return immmediately after purchasing EXK on Friday. THX !
Yep!
So the guy accuses the Fly of destroying the stock market with his activities, and the Fly outs him as someone from Goldman Sachs.
I just got that. That’s funny.
Nok been looking at that stock. Seems to have some up side here.
I know I’m not alone when I state that some people, like you, Mr. Fly, are fortunate enough to have the gift for picking stocks and managing portfolios. In my 20+ years of trading and investing, I have benefitted more in the last three years of reading your blog, than the prior 17+ put together……not just from the market knowledge and insight, but also from the laughter generated by reading your posts. As they say, laughter is good for the soul. No shit.
This blog is required reading for me every day. Kudos to you, Mr. Fly for being a master of your craft and a 10th degree black belt in wordsmithing.
The Fly is excellent at what he does. All of this speculating as Rome burns is what ticks me off. I guess the days of buy and hold based on fundamentals are gone forever thanks to the way the market works.
Call me old school I guess.
AAPL has been a pretty good buy and hold.
The die-hard PM group is the epitome of buy and hold in my eyes.
Tea
Agreed.
I have been long PM’s the whole rally. I decided awhile ago to be long PM’s versus stocks during this pump monkey rally insanity. I figured why buy stocks in worthless dollars as Bennie boy’s QE’s turns our dollar into trash .
My next play is to short the piss out f treasuries. The bond traders are going to call out Bernanke IMO as he continues to QE.
Good play on CCJ, Fly.
In my opinion, uranium will be the commodity play for 2011-2014.
I am hoping for a market correction in Jan-Feb to accumulate that stock slowly.
Joe is banned
your loss