Despite FEYE holding me down, I managed to make a little more than 1.25% today, putting my year to date losses around 22.5%. I realize it will upset many of you to see me make even a slither of my coin back. Moreover, anything less than total loss, 100%, is reprehensible to you. Perhaps one day “The Fly” will blow up in spectacular fashion, even more so than now. However, I still have my wits about me and haven’t lost an edge. By the time I lose my edge, you will already be dead;therefore, as logic dictates, it’s as moot point.
When is a good time to buy a winner?
Remember the answer, always: anytime.
Most can’t grasp it, as they’re too busy conducting themselves as ‘non-gentlemen’, cavorting about the market place with noses filled with cocaine. Sometimes you have to endure a little pain; and that’s just part of life.
If FEYE wasn’t already down 50%, I’d sell it now. There isn’t a reason to hold a stock that is down on an up day. Then again, it could be going lower due to another hedge fund blow up or some other sort of liquidation. I am convinced it is a mechanical mess, not fundamental. I am owning the stock for the month of May. I believe the downside is limited to 5% and I shouldn’t rush towards the exits now, after being so very patient with it over the last, tortuous, six weeks.
We have ourselves a 3 day rally, albeit a quiet one. Let’s build upon it tomorrow, refresh ourselves over the long weekend, then kill all of our enemies on Monday.
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Where’s that Showtime guy? He just had his dick chopped off yet again.
Ibm and Google just cut your dick off
Let’s kill some friends too.
Good stuff. You’ll be back.
In particular, despite employing a vampire as its CEO, I agree that the downside in $FEYE is limited at this point.
agreed, when it goes from 47 to 38 that will seem immaterial compared to his ride from 90 to 47, adding consistently along the way
You’re fucking delusional.
Losing 25% is a blowup kiddo
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Let’s hear it for Jennifer today, he cock-punched the market real strong with his timing to get long two days ago
Teddard
-22.5% is a blow up. My point was, if you learned how to read better, was that some of you are unhappy with my minor blow up and would only be happy with a -100% return.
all unrealized, so no blowup.
But, but, but, tell that to the margin clerks 🙁 the ones that were so busy calling Fly’s stockies and making them go down like the bad ol’ meanies they are!
dipshit
I read quite well Mr. Cloud Computer. Perhaps if you learned to read better, you’d have known the quibble was that -25% isn’t a “MINOR” blowup.
Again, nobody was claiming the drawdown to be minor. You seem angry with something.
While -22.5% might seem like the world to a small man, such as yourself, understand that I’ve come back from greater depths and was up nearly 70% last year.
WHAT WERE YOU DOWN LAST YEAR?
You have zero insight
So answer the fucking question,
How much were you down last year?
It’s a pathetic strawman, the type you’re best at.
There is no way to corroborate any number I provide, and any number I provide will be met with “sureeeee” “BS” “where’s your blog for proof” type of nonsense. And you know it.
Further, no answer I can provide has any bearing on your incompetence or quest for childish pissing contest.
It would be “straw man” only if I AVOIDED any questions or tried to hide my performance.
When insulting another person, you should be able to answer questions, else you’re nothing more than a vulgar miscreant.
You claim that -25% is a minor blowup. It’s not. When I refute your claim, you reply by asking me what I returned last year.
That’s a strawman argument, sorry to tell you, because it misrepresents the original topic of argument.
move to bottom. this thread is screwed
I
I
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It’s quite obvious you are a losing money trader
thats how you separate the pikers from the rest..the ones that cant see beyond 3 month returns within the context of maybe 5 years historical performance. truly retail commentary
Only a reasonably small handful of donks are rooting against you but you should quit feeling sorry for yourself and nix sentences like numbers two and three above. If you are mentally strong, you could buzz back to the top of the heap by year’s end.
I do it for theatre.
GOOG miss
Any chance u will let Jennifer be an interim tabbed blogger, he seems to know what he is doing in these turd 4 horsemen
Really coulda done without that miss, GOOG
1862. Ha !
I spit on your feeble attempt to match my virtuosity, ye Feathersword
Arrr! Avast!
Arrr.
i wish i were only -22.5% down
@swallow where ever you may be my bitch
lets talk p/l on my TQQQ and TNA May calls
You see I bot Mays so this trade could develop and it has
The hide in value tech asshats are getting rolled in IBM pm.
AMZN and YELP,,,for the victory lap out of this mess. these 2 will do it
seriously, lets stop the “how much are you down” crap with Fly,,that story has played out,,,lets make some freaking money(ps +.003)
When you’re grasping at straws that type of low-level jibe is all a weak minded person can muster
+1…
I sold all of my longs today. Got about +3% the past 2 days to bring ytd total to +13% thanks to tza. 2013 was +93% thanks to oww mtg and sune
Oh gosh, let me write that down in my ledger because I really do care.
More losses coming tomorrow. IBM & Google were heard shouting “FireEye! FireEye!” after the market close.
BIG SURPRISE, NOT
IBM has made it self predictably shitty by missing earnings for several quarters now.
Bunch of old pillow biters.
U closed the ppt , now it’s time to close the comment section young padowon- it had a good run
Comments remain and bannings are banned.
IBM is the warning shot for the hide in shit no growth cheeseburger plays. Let the growth comeback begin.
+1 good point,,,power to the growth stocks
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…GOOG and IBM might’ve “screwed tha pooch” for BULLS tomorrow !
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GOOG is up from yesterday’s close.
Bear raid tomorrow on our sore asses. Gaurd your privates !
have you checked GOOG ? on the rebound mr alf
The GOOG is back to after hours green. One time expenses get some blame for the miss.
Facebook is starting to eat Google’s ad rev lunch.
I guess it was a bad idea to rotate out of growth stocks into ZERO growth shit like IBM.
lol. Shoulda bot all the excitement and glamour of the ripping Utes instead of Big Blew. $XLU fo-evah!
FYI
For all of you talking shit here, I am 100% okay with you taking shots at me and I realize me asking you “what were you down last year?” is more to irritate you than anything else.
However, being that you’ve pursued a campaign to slander me on the site, I think it’s only fair that you speak about your current positions here too, to be equally ridiculed.
What do you say?
Sure. But it’s pointless because some of these positions are old and some are newish.
(values rounded to nearest 5th percent)
30% Cash
Old Man Yield:
5% L DEO
10% L ARCP
Sector / Technical:
15% L AGN
15% L SXCP
20% L MPAA
Spec:
5% L GLD
Got it and thanks.
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… WHAT ! No bitcoins ???
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To the guy who claims I am making a “straw man” argument by asking him how much he lost last year:
You are avoiding my question, for good reason. To settle this, why not put your cards on the table now and tell us all your positions, so we can judge you from here on.
We can quibble about -22.5% and how it’s insurmountable or not, none of that makes us money.
You know my ideas, which you disparage. So now, you tell me yours.
My rationale:
Want some yield from steady payers. Reit and alcohol, no science there
Want to focus on strong sectors for “growth”. Energy is strong, certain healthcare stocks have held up, and cyclicals still are ok
Spec can be whatever. I think gold has more upside than downside but really offers nothing otherwise
Year end price targets:
DEO up 10%
ARCP up 20%
SXCP up 25%
MPAA up 15%
AGN up 35%
GLD up 10%
These are your positions? Come on now
Also, I’m not claiming you made a strawman argument, you are making a strawman argument, literally, the dictionary definition of. Seriously, look up the definition, as it appears you don’t know it offhand. Kind of hilarious if you think about it.
Ironically, you are making a straw man argument by accusing me of making a straw man argument by avoiding my questions.
I am an open book. I’ve never avoided anything you asked. Tell me your positions in detail. Keep the size out. I’ll take the weightings and positions though.
Tha ks
Go get yourself a sense of humor. Not very funny.
I was up 77% last year, and I’m down 42% this year. My fortunes rose and fell based on a very large position in TXTR that I rode through the Citron bullshit hit job, and the highly correlated fall to your four horsemen since then.
Obviously TXTR has been beat to shit, off its highs more than FEYE, but I’m convinced it will rise again, especially going into earnings with over 35% of the float shorted (probably higher now) and high days to cover, unlike many of the momo growth stocks it’s been running with.
Txtr is a hard stock
I hope your portfolio is tiny … swings like that could lead to serious health problems
That is complete nonsense. You arent trading, you are gambling, with money you do not care to lose. Which is completely fine, but we are supposed to comparing apples to apples.
Today’s actions were on some shitty volume
Yes, mkt still has definite downside ahead
The bears will make another raid that is a given. The SPY never even corrected.
Volume is meaningless. We rip on no volume and fall on big.
So it means nothing that the recent upswings have been on lower volume and the downswings on higher volume?
It has been that way for years now. The SPY dumps on big volume and goes higher on low volume. Volume has been a tough tell.
From our pals at wikipedia:
“Strawman argument … is based on the misrepresentation of the original topic of argument. To be successful, a straw man argument requires that the audience be ignorant or uninformed of the original argument.
>>>>>Remember the original argument was that -25% is a major blowup, not a minor one, as Fly seems to believe. <<<<<>>>>>>>The “so how much were you down last year buddy”<<<<<<<>>>>> The “see, you won’t answer the fucking question, therefore, you are wrong / know nothing / are avoiding my question for good reason” line of bullshit logic <<<<<<<<
Thank you for the definition. Now tell me your positions.
Ted
Much better. You put your positions with some rationale behind it. Perhaps someone will benefit from it. Much better than grazing on my grass while saying it tastes like shit
Current Long term stock portfolio TSX only
$AX.UN $BTE $CPG $CWT.UN $D.UN $ENF $FCR $FTS $NPI $PBH $REI.UN $TRP $CAR.UN
Put Sales mostly May
$AGNC 21.50/22 $ATLS 39 $HTS 18 $EFC 22.50 $POT 32.50 $VZ 45.50 $MIC.CA 32 $NBD.CA 27
I have a ton of April put sales but they’re all expiring tomorrow so I’m not bothering to post them here
Stock account 55% Put sales account 45%
Put sales account does 13% per year every year, stock account being TSX only badly underperformed the SPX last year but outperformed greatly 2009-2012
So far put sales account up 4% for the year, stock more than that as the TSX (and REITs) is playing catch up in 2014
I’m a very old man and I’m trying to decide whether to construct my cd ladder at PenFed where the 5 year cd is 1.5% or at Melrose credit union where the 5 year cd is 2.25%? You do know what a cd ladder is don’t you? I’M NO DEGENERATE GAMBLER LIKE YOU YUTES!!!
LOL, fucking CDs. Get that shit out of here.
old man with inflation at 7-8% you simply cannot afford to sit in CDs.
Haha. CD laddering. Finally someone with a proper sense of humor!
He doesn’t lose money – he might not make much, but he doesn’t lose… and he is old not degenerate so it’s ok for him… you are – young, losing money and degenerate gamblers…. you have different goals in life… Cheers…
Happy trading 🙂
John is an old man just like Jennifer is a woman. It’s probably the Fly just screwing with us.
It seems that one of the Jennifers is a woman. It’s confusing though.
buy NNN properties. can buy dollar tree or family dollar at 8-9%, depending on location
those returns are unleveraged(no mortgage) returns.
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… don’t you just love the threads that have so many replies … they turn into a single column of unintelligible letters and punctuation marks ?
ROFL
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WTF ???
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… BTW, just finished buffing out a light layer of “Meguiars Auto Polish” on the old “FAZmobile” !
Whatta sweet ride !
Call me crazy … but, I’m actually considering takin’ her out for another spin tomorrow !
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This time don’t have toonces drive it for you.
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I’ll be driving this time !
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I’ll ride shotgun… but I need to see how tomorrow plays out.
In the land of the blind the one eyed man is king!!
not surprized that appeals to you.
I miss bannings.
IM MAKING A PUBLIC CALL RIGHT HERE RIGHT NOW.
Within the next few trading days, probably sooner than later, I will go full-in aggressive short with my entire portfolio.
I plan to make 10%-15%, equivelant to the S&P decline.
BOOK IT.
booked
This was a nice day for IFON
Forex kong…..That’s it.
I’ve now learned to trade like a gorilla as…..fly=bull=toast
Go chew your legs off.
Fly, it’s not that anyone wishes you ill will, it’s just that no one believes that you aren’t down more than -35% at this point.
Bs caller
How could I be down 35% when none of my positions are down that far, not even feye!? You’re a fucking mental midget
Its not that as fly puts it all out there being up or down. Cool.
It’s the ridiculous one sided / bullishness that takes the cake as 5 years up . 3 years down etc…it’s called the business cycle right?
Eternal hope for higher prices is just ridiculous at this point and there doesn’t appear to be any other plan.
Gay in my view.
I was super bearish in 2008-2009. I just don’t think we go lower. Period