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
23,445 Blog Posts

Three New Positions, One Sucker Going Out

I closed out a dark chapter in my life by selling out of MRVL. I lost 12% on the trade. More than that, I lost decency and honour amongst the top hatted gentlefolks at the local whole foods (a place where intelligent life beings congregate to discuss worldly matters, as well as purchase high quality foods).

So, I’ve made it my duty to redeem myself with three new buys, as well as an additional (FUCKING BONUS!!!) idea.

I bought PLCM, LOGM and PPC. The first two are value plays and the third is an egregious play on meat. Do you like meat?

Well, SAFM reported better than expected earnings today, buoying the whole sector. Mind you, this means great things for TSN, HRL, PPC and SFD, all plagued by the CORNACOPLYSE that has stricken them through drought.

I intend to make a great deal of money, or none at all.

Here is the FUCKING BONUS.

APKT is breaking out of a classic “cock and balls” formation and is now threatening to shower short sellers with fire. Keep a close eye on that one, as well as the names mentioned above–for they are built from win.

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19 comments

  1. JTU

    The Fly can not sit still!

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  2. moolahheaven

    I will hold onto my MRVL (and balls) in the hopes that the major ass fucking is finished. In my worthless fukin opinion, the Clam WILL just kick the fucking can, as one poster noted already, the only question is the reaction…

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    • Donkey Arbitrageur
      Donkey Arbitrageur

      The only expectation not built into the market is that they will set targets and ease indefinitely until those targets are hit.

      Very unlikely to happen.

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      • moolahheaven

        Look for Ben, cigar in mouth and white pimp gloves on, to talk as tough as he possibly without actually DOING shit (no actual QE). The question is, WWTCD? (What Will The Cocksuckers Do)

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    • BottleRocket

      MRVL will have a blowout 3rd and 4th quarter with this year’s back to school SSD sales.

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  3. Heard At The GS Urinal
    Heard At The GS Urinal

    Get the Algos ready to buy MRVL-merger at hand.

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    • ruggyup

      Those Algos have the same odds for as Captain O’s algae problem solving.

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  4. RaginCajun

    APKT does have the look

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  5. Juice

    nothing like the old kok’n ballz .. no homo

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  6. Stan and Gregg

    MCP throwing shorts into the meat grinder!

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    • BottleRocket

      Deservedly so. Management spent a bunch of money to improve output and the stock gets slammed because of it. Now that cap ex is starting to produce, it’s being called a dead cat bounce. They’ll be calling it as such until 30.

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  7. Rob T

    CORNACOPLYSE – Early marsupial ancestor of the Platypus

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  8. Yogi and Boo Boo
    Yogi and Boo Boo

    Good read on possible Romney picks to replace Bernanke: http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/08/28/the-three-frontrunners-for-fed-chairman-in-a-romney-administration/

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  9. martin armstrong
    martin armstrong

    Obama is preaching the destruction of the middle class small business owner in order to pay that pound of flesh now demanded by the bankers. He ignores the fact that almost 70% of the entire accumulated national debt went to interest payments to the bondholders – not to improve the lives of people. This idea of socialism has in itself been a lie. For you see, the numbers do not lie. The bulk of the national debt has been interest payments not to help anyone but the moneylenders. He preaches “socialism” while practicing the hypocrisy of lining the pockets of the New York bankers. MF Global will not be prosecuted. Why? Corzine is his buddy?

    There will be no representative form of government as long as there are career politicians who only represent special interests to maintain power. If politicians are allowed to become a professional career class, they cease to represent the people and become the established government.

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  10. noodleboy

    Fly are you playing the expected rise in steak prices?

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  11. moneyteam

    I like meat….. No Homo

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