I am holding a big balled sized position in WNC, heading into earnings. By posting this, I am effectively jinxing myself. However, I’ve read over so many analyst reports and they all seem to think WNC is going to beat and guide up.
By saying that, I just un-jinxed myself, as most of you read that and immediately sold the stock short.
2013 is all about the kill, eating my prey and keeping my blood running hot. During 2012, I took the path of massive cowardice, by stabling myself with large cash positions–afraid to lose my penis in a rapid carrot chopping expedition.
No more, my fair weathered friends from internetland. “The Fly” is big and bold and punches the heads of the stupid, while kicking the sternums of the pathetic.
It’s alpha male time and I am ready to receive my fortune.
The Federal Reserve has answered our prayers and given the market the shot of adrenaline it needed. We all needed it, after yesterday’s dreadful market crash.
I took the opportunity to kick out my final loser, selling all of ELLI, in order to add to my MOS position. There will be losses along the way. But as long as we remain faithful to our core beliefs, everything will work out in the end.
The Japanese yen is being dismantled, yet again. Very soon, the zany South Koreans are going to get pissed off by this yen walk down and counter with their own central bank action. We are in the midst of a global currency war and Japan is winning!
NMR, MTU, SNE, HMC and TM are long term buys.
Kyel “the idiot” Bass has taken the side of Daniel Loeb in the battle against Ackman for the destruction of HLF. I am starting to think Ackman is going to drop feces on the faces of all of these strange men. As much as I like Ichan, let’s face it, it’s all for the wrong reasons. I like him because he is a black hearted villain, not because he’s intelligent or can speak the english language correctly. Ackman, although a great big pervert, is smart, cool and collected, sort of like David Einhorn–add in depravity.
Into the planting season, I cannot think of a better, safer, place to invest than agriculture. MOS is my top idea for February, aside from the powerball nature of my VHC position; I believe MOS is going to make me a great deal of money going forward.
Gather around children, Uncle Fly is going to show you how a gentleman wins while suffering from beast-like losses.
A short while ago, I purchased NIHD, based upon the concept that the lowest form of sub-human would flock–MIND YOU– to their local Brasilian nextel dealership to buy a phone, now that Apple has been beaten dead. This turned out to be one of my stupidest ideas ever, as the stock wallowed–MIND YOU–down into the oblivion of misery.
I sold the stock out yesterday, booking a very calm and collective 15% loss, cursing the heavens for tricking me into such an unfashionable name, swearing oaths to all of the Gods, both old and new, to never invest in shoddy south american cellular phone enterprises again.
Then this morning I was blessed with this good news.
NII Holdings sees Q4 rev above consensus; sees FY13 rev below consensus (6.38 )
Co issues upside guidance for Q4 (Dec), sees Q4 (Dec) revs of ~$1.5 bln vs. $1.47 bln Capital IQ Consensus Estimate; net subscriber additions of ~2,200, and total capital expenditures of ~$525 million with FY12 OBIDA of $930-950 mln.
Co issues downside guidance for FY13 (Dec), sees FY13 (Dec) revs of $5.7-5.9 bln vs. $6.14 bln Capital IQ Consensus (may not compare due to planned divestitures). Consolidated adjusted OIBDA in the range of $600 million to $650 million; Mid-single digit growth rate for its consolidated subscriber base. Co sees negative operating CF in 2013 up $200 mln YoY.
In 2013, the co plans to continue to invest in the deployment of its 3G networks with a particular focus on building those networks and improving results in its core markets of Mexico and Brazil. The co also announced that it is continuing to support its operations in Peru, Chile and Argentina, while also exploring strategic options for these markets, such as partnerships, service arrangements and asset sales to maximize the value of those businesses and generate additional liquidity. The Company is also in the process of pursuing a sale and leaseback of an aggregate of up to 4,500 telecommunication towers that it owns in Brazil and Mexico through a competitive bidding process. The Company is currently evaluating offers from a number of interested parties and expects to be in a position to complete these transactions during the course of 2013.
The stock is bid down more than 18% in pre-market trade, leaving Le Fly in a very powerful winning position, following a most horrendous loss.
Wouldn’t you agree that to have information at one’s finger tips provides the person with an advantage? It goes without saying that information is vital when it comes to investing, knowing what stocks to buy, why and when.
Out of the thousands of stocks traded, don’t you think it would be useful to know what stocks correlate best to a market bounce and precisely what sectors and stocks outperform most?
This is an obsession of mine. I don’t always play the stocks I gawk at, even though I probably should since the stocks I talk about most (APKT) tend to outperform the one’s I actually own. Enough of my curse.
The PPT is not oversold yet. However, the Overall Hybrid score dropped by 15% today, putting it in the top 20 drops of all-time. A number of stocks swung to oversold today, measured using both technicals and fundamentals. Fundamentals can flag OS or OB signals only when valuations become so extreme that it weighs heavily on the Hybrid score.
The following stocks were flagged oversold today and posses excellent track records. Moreover, they correlate well to the overall market. So, should we get a bounce in stocks, these stocks are more likely to outperform others, barring a news event that shifts the paradigm.
There are only two things I am interested in: housing and Japan. If we get a moderate sell off, I am a big buyer, into leverage if need be, of both housing and Japan. Nothing else matters to me. It’s all just a blur and noise.
BZH is coming in–good.
I hope MTU and NMR sell off.
And if WETF could ever trade down more than 3%, I’d greatly appreciate it.
Here are a few things you need to remember, when looking at this tape.
1. We had a terrific January and sell offs are normal.
2. Following such a robust January, historically, the market trades up until April.
3. Earnings season can certainly taint the waters. If you can’t afford to lose, don’t play the earnings game.
Keep it simple.
I am heeding my own advice and keeping it very simple. I do not need to scour the markets, looking for ideas. I know exactly what I want to buy and at what prices. It’s unfortunate to be sidetracked by stupid stocks like NIHD–but that’s what happens when you stray off the reservation.
Chief Fly is staying on the reservation and intends to scalp any and all white men who step on my ancient grounds, trying to take what is rightfully mine.
I don’t think we go lower for more than 3 days. However, in the event that I am wrong, I’ve decided to sell now, while I can, in order to raise cash. I cut losses on NIHD and booked a gain in HMC, effectively reducing my equity exposure to 85%.
I will be looking to reinvest the money when the coast is clear. Consider me to be a savage animal, lurking in the tall grass, waiting for an injured zebra to devour. There are so many delectable animals to eat. However, I prefer the ones who are weak and out of favor. I already have some stocks that are near 52 week highs and others, like ELLI, just sucking wind.
My next targets will be stocks that are still in favor, but only recently became subject to a most horrendous bout of profit taking.
I will provide the internet with such a list later, at my earliest convenience.
In a country where a vile Godaddy exists, marijuana is becoming so mainstream, it’s publicly traded. Post collapse, I fully expect the NYSE and NASDAQ to whore themselves by allowing heroin and cocaine stocks trade publicly, perhaps under ticker symbols such as PIPE, NEDL, SNRT, BLOW, CRAK, DRGS, HIGH and SNOW.
As the market struggles to hold value, degenerates dressed in clothes made from hemp are bidding up the shares of bastard companies, whose sole goal is to put a pipe filled with marijuana into the hands of your sons and daughters.
Observe.
I suspect such stocks will do exceedingly well under an Obama second term. The official post election trade was to sell coal and get long marijuana.
Apropos.
NOTE: I am being extremely sarcastic and know, without a shadow of a doubt, that these stocks will collapse and crush investors who chase this trade.
With the markets crashing this afternoon and the Fed on the sidelines, the investor public is left in tatters, and regrettably, shambles. All of the good will that had been built over the past 4 years has been shattered in one afternoon. After today, I doubt that any person of sound mind, body and soul will ever invest in the US markets again.
As the market devolves into anarchy, I am long with 100% of my assets, doomed because of my avarice for hedonism.
With whatever I have left, I intend to buy some property in Romania and start a small “farming village,” eventually taking over the central government and appointing myself “King”, monarch of the world, before marching on neighboring states–demanding they pay tribute.
Many years from now, I will look back on this day and remember the bloodshed could’ve all been avoided had the damned Federal Reserve done their job and push the market higher.
Another one of my former holdings soared this morning, APKT. Why even begin to think about it? Oh, and another thing, it makes no sense to buy EXFO or SONS off the buyout. If anything, Larry Ellison will buy MLNX next. After all, ORCL owns 8% of the company.
The market’s are selling off, after Italian markets plunged–down more than 3%. As a result, every single one of my holdings are lower, a phenomenon only matched by the ineptitude of the Godaddy advertising department.
As I write this, WETF went green, so I am saved. Nevertheless, it’s dreadful out there. We are going to need some moar Federal Reserve stimulus. I just can’t bear losing so much money in the market’s. Can you?
BEN MUST ACT NOW and bail out the market. We aren’t supposed to endure a downward spiraling tape, are we? The nerve of these politicians, as they dine on caviar and the brains of goats, to expect us, the people, to suffer unimaginable horrors at the hands of short sellers.
Obama must do something, try some stimulus spending and force people to buy luxury goods and eat at exorbitant restaurants.
All I know is this, if they don’t act soon, like today, there isn’t gonna be a country left to buy luxury garments in anymore. Quit your pussyfooting Mr. Bernnake and ACT NOW!!!
