Fly Sell: GMCR

I sold out of 90% of my Green Mountain Coffee Roasters Inc. [[GMCR]] position, north of $77.

Due to today’s monster wins, I’ve taken the liberty to change clothes, not too much different than Mr. Rogers. Instead of walking around like a pompous asshole, dressed in a suit, I now walk the Earth in a green robe with black sandals. I imagine this confuses many of you who are accustomed to a “white robe” dress code. So you know, the green robe represents something much more than just a color. It represents dignity, honor and greed at the highest level.

“My greedy green robe” is what I call it, prior to adorning it with my person.

When dressed in a green robe, “The Fly” will steal your wallet, if given the chance, and donate the contents of your pathetic carrying case to his favorite charity.

I will take thee wallet with rigor, then kick you down a flight of stairs, lined with spikes—all the while smoking from a pipe.

After today’s trading session, I will walk into my favorite steak house, dressed in my infamous “green robe,” while smoking a large cigar, and demand to be seated “at once.” Failure to obey these orders will result in my cigar ashes being purposely dropped on their cash register.

As for the market:

I am too busy to even think about it, let alone look at it. Just know and understand, “The Fly” is winning with profuse efficiency. And, just to rehash this important article, I am take a new initiative by “going green.”

With today’s melt ups in Flotek Industries, Inc. [[FTK]] and Green Mountain Coffee Roasters Inc. [[GMCR]] , “The Fly” is now up more than 100% for the year. Quite honestly, I did not expect to enjoy such immodest returns; but I accept them with a dark heart and fist full of sand.

If you take a step back, ever so gingerly, there is an important lesson to be learned here, which is: Betting against “The Fly” is pure madness.

As you could imagine, I am quite busy today, dealing with issues all related to the business of responsible asset management. So you know, into 2010, I will be building up positions in Cummins Inc. [[CMI]] , Flowserve Corporation [[FLS]] and ICICI Bank Limited (ADR) [[IBN]] , while celebrating winship in Ctrip.com International, Ltd. (ADR) [[CTRP]] , Green Mountain Coffee Roasters Inc. [[GMCR]] and Sears Holdings Corporation [[SHLD]] .

Danny is accepting new words for iBC’s dictionary (the 2010 edition), soon to be available in hardback for your reading pleaseur. Please submit words for this year’s edition, via leaving a comment in his thread.

For those of you who are unaware of this “reservoir of words,” have a looksy here.

Well, I am pleased with my BROKEN ROBOT gift this pagan X-mas. How about you? Enjoy the rest of the day and be nice to your family, you miserable bastards.

Here is a great little site for the kiddies, if they are into tracking Santa.

Be well and enjoy the spiked egg nog.

I initiated a position in Cummins Inc. [[CMI]] , buying 2,000 @ $47.60. And, I bought 10,000 SandRidge Energy Inc. [[SD]] @ $9.86.

Disclaimer: If you buy CMI or SD because of this post, the next time you go for a road trip, your car will cease to work in the middle of nowhere. And, you may lose money.

As you could imagine, Le Fly is quite busy this morning, running around his residence, like a headless chicken, all thanks and praise to Mrs. Fly for that. After eating several egg whites, accompanied by two slices of toast (lightly buttered), I took a gander (just a gander) at my stock positions. Much to my delight, I see the stock Gods have made an offering to me, in the form of higher Flotek Industries, Inc. [[FTK]] stock price.

Let it be known to all of you, my losses in FTK are severe and meaningful (north of $1 million). Nonetheless, I am reminded of an old tale, once told my some random motherfucker on Wall Street, who said “last year’s affliction may become next year’s orgy.”

Finer words have never been spoken, at least not in North America.

When discussing the important matter of short squeezes, FTK can be a name worth looking at, taking into consideration its 25% short position. If they could get their financing concerns behind them, well then, you might see a terrific run.

Separately, I still enjoy looking at Sears Holdings Corporation [[SHLD]] , Green Mountain Coffee Roasters Inc. [[GMCR]] and Ctrip.com International, Ltd. (ADR) [[CTRP]] , even at these levels. And, if Santa Claus is real, he will send the shares of Flowserve Corporation [[FLS]] over $100, so that I may enjoy, yet another, “hundred dollar roll.”

Often times when a stock has a giant short position there is something wrong with the company. For the most part, professional short sellers are very intelligent and are extraordinarily detailed in their reasoning behind their downside bets. In downward trending markets, I like to sell short stocks with a large percentage of shares sold short— for the “pile on” effect. Typically, those stocks are easy to break, because people think something is wrong with them. It’s all about perception.

However, in upward trending markets, the sharp edge of the pendulum swings the other way, into the scrotums of the steadfast/stubborn short sellers. Hence, when the markets are shooting higher, I like to go long stocks with large short positions.

Reason being: short sellers can only take so much pain, before they are forced to capitulate and buy back shares, sending said names through the fucking roof. Anyone familiar with Resorts International? Look it up, pal.

Wall Street is littered with legendary short squeeze stories. Why not try to participate in one, while the market is pistol hot?

The following stocks represent the best short squeeze ideas, courtesy of The PPT:

GDP, CSTR, NFLX, JCG, SD, ADVS, AIPC, AKAM, AMED, NILE, SHS, CBL, DSW, SYNA, EQIX, SHLD, ATPG, TNDM, NTRI, GMCR, PCX, CENX, ARD, VPRT, CYBS and MAC.

NOTE: Most of the stocks mentioned above have short positions representing more than 20% of the shares in the float.

NOTE II: In case you didn’t know, iBankcoin launched its second premium service, based upon the work of Mr. Woodshedder, kind venerable gentleman of the south. I insist that you sign up for the free trial (only email address is required). Worst case scenario, you get to bear witness to iBankCoin’s supremacy, when it comes to premium financial products—here on these retarded internets.

As I sit here, enjoying the BROKEN ROBOT tape, I am reminded of late 2003, when The Fly was coming off a banner year—long a shit load of semis. I walked around the office with such confidence and spent absurd amounts of coin on cases of champagne, for select friends and colleagues to enjoy during New Year’s festivities. When discussing the markets, I was an authority, as many others attached themselves to me, similar to small fish on a shark.

Then 2004 came and raped me, inside of a short week.

I remember it (the rape), as if it happened yesterday. I was leveraged to the gills, long semis, and did not think about risk. Next thing you know, by the third week of January, I was 10% in the hole (not a good feeling). It took many months to make back that 10% and shake off the mental rape.

Well, during 2009, the bears have been mentally raped, falling victim to even more “rapeage” in recent weeks. While the dollar climbs, so does the market, creating a perfect sublime harmony of short squeezes across various industries.

Gentlemen, this is “The Santa Claus Rally.” If you bet against it, you have been raped. I am so sorry for your loss.

Into the bell, OmniVision Technologies, Inc. [[OVTI]] intrigues me, due to insane demand of the iPhone. Just in case you are stupid, OVTI supplies cameras to Apple Inc. [[AAPL]] .

After kicking around dozens of stocks, I have settled on three stocks, worth building around: Ctrip.com International, Ltd. (ADR) [[CTRP]] , Green Mountain Coffee Roasters Inc. [[GMCR]] and Sears Holdings Corporation [[SHLD]] aka “The Trifecta TeaBag” for overzealous short sellers.

Indeud.

It was a very difficult decision for me. Mrs. Fly mocked me for months, while coercing me to “make the switch.” Today, much to my delight, I smashed my fucking Blackberry device with a snow shovel and replaced it with an iPhone—just in time for the iBC iphone App.

Seriously, the Blackberry is retarded. There is no comparison.

The recent numbers out of Research In Motion Limited (USA) [[RIMM]] ] were terrific, but I can’t endorse the stock, as an investment, any longer.

In Fly’s domain, there are Apple tv’s, itouches, ipods, iphones and laptops. Whenever I travel back in time, say 10 years ago, I see myself with Dell, Motorola, Creative Technologies and Toshiba. Like financial blogs, competing consumer technologies represent a pure form of Darwinism.