The Deals are Back

Now the bears are really screwed. For awhile, they were free to roam around, selling short without worrying about premium takeovers.

However, all of a sudden, the “wheel barrow” dollar is encouraging foreign companies to take down U.S. assets.

As you know, recently, ATVI, CBH and GLYT have been bought out by foreign companies, much to the bears chagrin. Now, this morning, three more premium deals were announced. Plus, don’t forget the C deal.

ARXT is being bought out by Reckitt Benckiser. MOGN is being acquired by Eisai. And, PLTE is being swallowed whole by Evraz.

Look, most of you have the brain power of a small donkey. Therefore, explaining the intricacies of these deals is somewhat meaningless.

Just know, as of now, there is a bid underneath the market.

Great time to go “open field” on the bears—and light their heads aflame.

Prior to reading this important matter, please play the audio clip, located at the bottom of the page.

As you know, “The Fly” has never claimed to be handy. He finds it much easier hiring illegal Mexicans to fix stuff around the house.

However, once upon a time, Mrs. Fly demanded “The Fly” fix the bathroom shower head, which happened to be on the 2nd floor—directly above the living room.

Not knowing dick from a doorknob about plumbing, “The Fly” proceeded to “wrench” that “stupid shower head” off. It was quite cumbersome. The fucker wouldn’t budge, until he gave it a whack with the heavy part of his Godly wrench.

Much to “The Fly’s” chagrin, what followed the “wrench whacking” was nothing short of an “intra-house” disaster.

See, being too busy with important topics, such as kit-kat versus peanut butter cups, jam versus jelly and plasma versus LCD, “The Fly” neglected to shut off the water main.

Next, the water head busted off and his bathroom instantly became a fucking fish tank, with “The Fly” as its only occupant. He screamed for his wife to come “help,” while he was trying to salvage what little of the house was left, via bucketing freezing water out of the tub— into the nearby toilet bowl.

There was no stopping the flood. The tub was overflowing, profusely.

It was a race against insanity— with “The Fly” losing badly.

Then, I asked Mrs. Fly to “take over,” while I tried to locate and shut off the water main.

Ha!

Asshat!

I had no idea where it was, mainly due to just purchasing the house— 6 months prior.

In short, “The Fly” was forced to call the fire department, in order to rescue his fucking house from floating into the Atlantic Ocean.

The water was firing out of the shower head like a fucking dam wall had just been breached. By the time the firemen had arrived, it was raining in my living room, all over my “high-end” living area.

When the “comedy time” in “The Fly’s” 2nd floor bathroom had ceased, the damage was profound.

All in all, I had to replace the ceiling, 10 high hats, expensive as shit area rugs, couches, lamps and brand fucking new 2nd floor bathroom—for a grand total of: much more than most of you could afford.

At the end of the day, ironically, Mrs. Fly was quite pleased with my work, considering all the new crap I had to buy.

[youtube:http://www.youtube.com/watch?v=UAn8lu3C9IE 450 300]

Well, there really isn’t much to say. Short term, the bears are in trouble, as short interest ratios remain at record levels—going into the best time of year to own stocks.

Should the Fed cut by 50bps, their (bears) heads will be laser beamed off. However, I fear, should the Fed get all gay and shit, via a 25bps cut, accompanied with more inflation jargon, the end of year rally may stall.

Without doubt, Santa Claus has saved “The Fly,” and many of you. Be thankful for this rally and milk it for as long as you can.

However, I suspect, within a month, the credit issues will reemerge, effectively setting aflame those who like “bottom fishing” in financial stocks.

Over the weekend, I will evaluate, stock by stock, to determine what stays and what goes.

It makes sense to lighten up here, buy a little FXP and drink expensive bourbon, while throwing firecrackers into the lit fireplace.

Top pick: RS

I bought 1,000 MOO @ $53.73.

Disclaimer: If you buy MOO because of this post, the looming food shortage will leave you without yellow tail fish. And, you may lose money.

I sold 2,000 HANS @ $49.18.

“The Fly” is giving the internet investor class, however small it may be, a green light to buy MVIS.

According to my “calculator brain,” MVIS should “run” until the first week of January, starting yesterday.

It’s been awhile since I’ve felt this confident with the stock.

The risk/reward ratio is definitely in favor of MVIS longs here. I anticipate to book more stock, early next week.

This trading session is all but over.

The bears, once again, have been eviscerated, unable to mount a raid.

However, there is marked weakness in select financial names, like ACF, CFC and FMD.

Additionally, the MVIS rally has failed, once again, and is in danger of pissing off all of its shareholders—sometime today.

Instead of sitting at your bullshit desk from staples, go eat some deep fried potatoes, with a side order of doughnuts. There is nothing to see or do here, until next week.

[youtube:http://www.youtube.com/watch?v=XvussyHFJsk 450 300]

Some stocks are in a world of their own.

Look at GME.

Despite the weak consumer and rich valuation, the stock keeps going higher. Also, it is widely believed that gaming is resistant to economic slow downs.

Fund managers can’t get enough of the stock.

I can spit out a quick list of 52 week highs, but why bother?

Plus anyway, I’m too busy eating eggs with hashbrowns, than to go dig up meaningless data for a group of fucktards.

Just know, when stocks get “annointed” by wall street, they tend to bounce back faster than others, post market correction.

That’s why “The Fly” is not trying to get “cute” or “fancy” with his recent picks. He’s falling back on what has worked in the past, mainly because it’s the end of the year and nobody gives a shit about fundamentals.

It’s all about getting drunk, while throwing heavy hand tools at your trader/servant.

As for today’s trading:

Thus far it looks like we are setting up for a minor pullback, with chinese related names leading the way down. However, I would not sell short anything here. There is a better than average chance we will hit new highs, by year end.

Currently, there is weakness in many of the financials, with COF leading the pack of spastic retards.

For the most part, with the exception of AXP, the DOW looks solid.

Finally, looking for new ideas, I believe the internet advertising space is a good place to put money, ahead of the 2008 Presidential elections. As you know, there will be a “recockulous” amount of money spent on internet advertising, over the next 12 months.Without a doubt, both VCLK and OMTR will be in play.

NOTE: The MVIS CES run has begun.