NIN: Hurt

For wounded bears. Go drink and wallow.

I have to meet with a general contractor, so that he can rip me off on a variety of small jobs. In case you were panicked with consternation, the rumors of “The Fly” being THE LARRY KUDLOW OF THE INTERNET are false. Although, it’s worth noting, I am quite fond of mustard seeds and green shoots.

One thing of note: PBG guided up. This is very important, with regards to the economic cycle. It is a fact, beverage consumption correlates with national wealth. When times are good, people drink more soda pop. However, when times are “Africa tough,” most people resort to drinking rusty tap water or nothing at all.

Within the beverage space, The PPT favors CCH, COT, JSDA, PAS, KO, KOF, DPS, PBG, PEP, LWAY and WBD.

Off to see about a rip off.

[youtube:http://www.youtube.com/watch?v=MMb6TduOj0Y&feature=channel_page 616 450]

Trade accordingly

Mark my words, Q3 and Q4 gdp data will mark an end to the recession. The economy is snapping back so fast, even the fat fucks from Ford are gaining market share. Naturally, once the economy registers a positive gdp number, the negative/cancerous psychology of a spiraling economy will be a memory and companies will start hiring again—just like that.

If you do not believe me, go ahead, short stocks with your retirement funds; have a ball. Take out a second mortgage and buy FAZ with it. I could give two shits and a gay goat about your economic disposition.

In case you haven’t noticed, the market is not giving people a chance to go long. We are in the midst of one of the greatest stock market runs of all time, similar to the 1999 dot com frenzy. If you are missing out on the fun, boy are you a fucking idiot.

With my money, I am taking profits on a variety of names, in order to raise cash. I am in the process of shifting my investment focus. Therefore, cash is needed.

The only stock that I have been buying is FNSR. It’s going to a buck. Write that down too.

Right here, right now, I like FSYS, OVTI, GME, ATHR, ARD, FNSR, FTK and MWA.

Personally, I think it’s a great idea selling China those pesky gas guzzling hummers. Let them destroy their side of the planet with them. It’s rather funny how China pretty much bought American in less than 20 years. For fucks sake, we were make believe fighting the Russians for 50 years. They were evil communists and that was real bad. Then, all of a sudden, next thing you know, the Chinese are slapping us in the face with treasury notes, acquiring U.S. technology by hook or crook.

Just to reiterate my position: I blame the fucking pot smoking hippies for all of our problems.

In other news, the market looks a little tired, as if it wants to take a nap. Just so you know, there is nothing wrong with taking a nap: you should try it sometime. Most of my positions are getting bowled on, with exception to MWA, RFMD, OVTI, FNSR and SFE.

Additionally, the dastardly banks look somewhat ripe to go lower. Believe me, I have no motivation to sell short banks, after seeing what the O’bama administration could do to overzealous short sellers. However, at the moment, FAZ doesn’t look half bad.

Finally, I really like the action in both FNSR and MWA. Also, FTK isn’t nosediving, following yesterday’s spike—always a good sign. I’ll be posting some buys/sells shortly.

UPDATE: I sold all of my CUZ position, north of $9.68, 25% of my RFMD position, north of $2.98 and the remainder of my SFE position.

UPDATE II: I bought 150,000 FNSR north of .78.

Recent surveys indicate refrigerator sales are through the roof in China. If you choose to fuck around with ice boxes, you may want to look at WHR or TECUA.

Everyone is LCD nuts, especially those silly fuckers in China. Because of them, I like AUO, LPL, GLW and maybe a little HIMX.

Smart phones are selling like whores in the South Bronx. Into the fervor, I want to own STAR, CY, ATML and maybe a little ALU.

Small network players, like TNDM and FNSR, offer upside, while big ones—CIEN and CSCO— are must owns.

As oil and natty march higher, once thought to be dead, in vacant lots somewhere in DC, oil service stocks will be revived—like the Phoenix—forcing those who are short to swallow molten steel. Within the space, I like OIS, FTK, WFT, CGV and DWSN, amongst others.

Let’s not forget, hurricane season is about to begin. Senor Tropicana will be here, wishcasting, with lots of “fuck those rigs, let them burn” plays.

See pal, I know my shit, unlike you, fumbling through your IBD, thumbing through asshole charts, as if they mean anything. Most importantly, I will know when to step to the sidelines, in order to forgo dickfaced price declines.

In short, I cannot lose.

[youtube:http://www.youtube.com/watch?v=LB4D-GbQ9A4&feature=channel_page 616 450]

Let’s not tarnish today’s trade with small talk. “The Fly” enjoyed the fruits of his labour [sic] today, while roaming around vast swaths of land, eating figs off the trees.

All of my stocks BROKE THE FUCK OUT, including FTK, RFMD, DELL, IR, GME, ERX yadda, yadda, yadaa. I was up another 9%, while dipping unleavened bread into olive oil. Go jump into oncoming traffic, if I might be so bold as to suggest doing so.

I get bored talking to most of you, since you offer nothing of real/tangible value. You are the GM of this stock game, while I am GD. My tanks blow your bullshit SUV’s out of the way, particularly when I am going for egregious coffee breaks.

The stock Gods bestow gifts of glee upon THE HOUSE OF iBANKCOIN. It is clear, and also evident, that we are to displace all of the incumbents, who readily throw their readers into large vats of aged acid.

As for me, I will enjoy the rest of my day, just sort of roaming around, taking it easy.

Godspeed.

Top pick: FTK

NOTE: The Overall Hybrid score for The PPT closed with its highest score ever: 3.25 (buy)

On days like this, in the midst of a massive melt up, try not to get caught up in the euphoria. It is days like today that separate the haves from the have-nots.

With that in mind, I am selling out of some of my lesser quality names and taking profits on recent scorchers.

Thus far, I have sold out of 90% of my CUZ and TWI positions, while trimming RFMD by 50%. My goal, as always, is to raise my cash position to about 20%, up from 5%. I think the market goes higher; but that doesn’t mean dick.

Part of this game entails buying when no one else wants to: but it also includes selling when I do not want to. Believe me, I want to buy lots of shit today. However, I am tempering my aggressiveness with memories of past failures and inadvertent dunks into dark pits of tar.

Needless to say, I am banking “robbery-style” coin today, at a criminal rate. I have called all of my bearish friends today, making sure to gloat, in order to twist the knife a little deeper. See, I do such things, as a friend, so that NEXT TIME they will heed my warnings, indeed.

Looking at CTIC, it appears the Distinguished Gentlemen of The PPT knocked another one out of the park. Nothing to see here; just another day at the office.

So, in summary, book profits, raise cash, but do not dare sell short.

FLY BUY: I bought 10,000 FTK @ $2.35.

FLY BUY: I bought 10,000 MWA @ $3.90

I bought 15,000 FNSR @ $.72.

Disclaimer: If you buy FNSR because of this post, the head of the black panthers will move next door to you. And, you may lose money.