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Daily Archives: July 15, 2013

Declarations, Proclamations, as Well As Explanations Forthcoming

Back to the contents of the previous post, I hereby rescind any and all threats of witholding information, free of charge, from the dirty citizens of the internets. If you must understand, we’ve hired a marketeer, someone to consult us on the online business, who finds our ‘conversion’ ratios to be somewhat ‘reprehensible’. Many smug characters on the interwebs enjoy to poke fun at those of us who are able to conduct  online commerce, mainly because they’ve tried and failed. There is nothing shameful about being a man of industry, especially if the business at hand is beneficial to the consumer.

If I might be so bold, I do believe our offerings of PPT and 12631 provide a great service to those in the business and the self-directed pleb, trying to manage his meager earnings from the confines of a cottage or logged cabin.

This marketeer wanted to help with our conversion rates because, based on the numbers, revenues should be triple. But I’ve always stated, we’re not about money here. The public service is our mission and to that end: we shall remain defiant in the face of overly aggressive business consultants.

One final note on this matter: over the years, iBC has managed to net 7 figures in revenues (no Davian). We are not starved artists and do not request your pity to help us ‘survive.’ Also, might I add, this is a very small portion of my overall income (again, I must insist, no Davian); therefore, based upon the sun, moon and the stars, “The Fly” is acting in a most generous, charitable and giving manner, just by talking to you–donating my time to the poor and the disheveled.

I’ve concluded my nightly research and have decided that a handful of stocks are heading higher–decidedly so.

I have a list with me, that I wrote on a small piece of paper, which will be burned after I post it here.

My favorite names, heading in tomorrow are:

IMMR

SCTY

EMKR

INVN

MITK

MKTO

NUAN

PANW

SFUN

YOKU

Do not share this post with anyone! Keep it a secret and great fortune shall fall into your laps (no crotch). Do the opposite and a pox will fall upon your house, which will last for many generations.

http://www.youtube.com/watch?v=7BpBazknI2o

 

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New All-Time Highs

Technology is where the money is flowing, especially solar.

I feel IMMR and EMKR are poised to explode to the upside. Then again, that’s just me talking my book.

We’re not done going higher and I am having a grande old time with this tape. It’s easy, fun and there are disconnects to take advantage of.

I will post some new ideas this evening.

NOTE: Very soon, all intra-day Fly buys/sells will be reserved for the confines of The PPT. I will still discuss my ideas here, for free. But the gravy train, as far as actionable intra-day picks are concerned, is coming to an end soon.

UPDATE: I changed my mind on the whole intra-day buy/sells behind PPT for now.  You may clean your soiled trousers and relax now.

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Bull Market for Dummies

I was going to comment on the Davian debacle, discussing the topic of vanity and how people often misinterpret the definition of “real wealth” (family) is; but why bother? The guy is white trash and I’d rather spend my time talking about the markets.

Before I praise myself, banking coin in a runaway bull market (duh), I want to point out that The Option Addict is going apeshit to the upside with his picks today, namely GMCR. It’s as if he has a crystal ball on his desk. The one thing I can promise you, upon launch of his premium service, is professionalism, hard work and transparency. As an investor and manager of other people’s wealth, that’s all a person can ask for. The gains come later, in my opinion. I appreciate candor and a person who isn’t afraid to lose, but not reckless to the point of stupid.

Admittedly, my biggest problem is tapering the drawdowns. I’ve had some truly cruel drawdowns over the past 2 years and have been fortunate to have escaped it in 2013, thus far.

For the day, I am up 2.6%, putting gains within striking distance of 40%. Let it be noted, I did this taking an oversized amount of risk, currently leveraged at 125% long, zero shorts.

This isn’t rocket science, folks (Denninger). To make money in this tape, you need to know what sectors are working and when the money is about to shift to another sector–get in early, then sell.

Top picks: IMMR, HLF, WIT

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IT’S TIME TO PUNCH BILL ACKMAN IN THE FACE AGAIN

You know I couldn’t wait too long before wanting to throw haymakers at ‘Montauk Bill” Ackman.

After JCP, life became easier for Bill. The CEO was thrown into the sewers and the stock price stabilized. HOWSOEVER, all the while, his billion dollar short position in HLF has been walking higher, most likely on a leash by none other Carl ‘give me three seats on your board’ Icahn.

Come on. I think we know how this story ends.

I sold GS and bought HLF.

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Stocks Refuse to Trade Lower

I had a few errands to run today, which has delayed me from having a look at the tape. On the surface, it looks like more of the same: risk on. Solar stocks are up again, led by FSLR, JASO, JKS and LDK. It’s only a matter of time before SCTY and EMKR explode to the upside. That mini-CREE, RVLT, is up huge, as many have expected. The market has become somewhat predictable in the sense that everything goes up, eventually.

The one stock that I’ve highlighted inside of The PPT but have never purchased due to exchange listing is ONVO. They want to ‘print’ livers. I kid you not. Fascinating stuff, go check it out.

It looks like TXTR and YELP are coming in. I am a buyer of both names into any moderate pullback.

I’m up about 0.6% right now, clamoring for IMMR to get going–fully content with GS spinning higher.

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