Stocks Under $10, Squeezing Higher

Courtesy of The PPT, here are heavily shorted stocks, trading under $10, with solid technicals. Everything is digitized, from moving averages to overbought/oversold ranges.

That’s how I roll.

After I shut the computer down, earlier today, I expected to lose money. The market looked bad and I was overdue for a set-back. Lo and behold, the stock Gods blessed me, yet again, through the share advances of VHC and MCK–making it a profitable day for me.

Scientifically, I can’t lose money!

This market is a gift–cherish it.

At the close of trade, here are my top 5 positions.

MCK
VHC
NFLX (asshole)
LOGM
PLCM

For the day, I was up 0.3%, pressing my year to date gains to 26.5%.

I added to my CVO position because it wants to go higher.

I’ve been over-trading and my brain is fried. I didn’t take a vacation all summer long, thanks to buying a new home. The kids are getting prepped for school and renovations at Le Casa del Fly haven’t even begun yet. The last thing I want to do is worry about stocks, so I won’t.

I see the market has reversed and looks to be heading lower. Big deal. I’ve made my bed and now it’s time for me to lay in it, at least for awhile. Some of my positions are good, some suck. That’s what a portfolio looks like. If you want all of your stocks to look great, at the same time, I wish you good luck in maintaining sanity.

Look you, I give lots of free advice here. I leave it all on the table for you to see, the good and the bad. I am going to shut this computer down, at least for a few hours, and read a book. I can use my intuitive skills to find new break-outs, swing trades for you suckers out there. However, I am bored and tired of talking about equities.

I’ll leave you with one pick: MCK. It is my largest holding and it’s going higher.

The American consumer is stronger than ever, buoyed by new money. Shit, you politicians like to ask populist questions, like “are you better off now than 4 years ago?” The truth might scare you. Absofuckinglutely.

This country is rich as fuck, producing more millionaires now than ever before, in the history of man. That money is being spent, reflected in share price advances in TOL, LEN, AAPL, LULU, ULTA, SBH, KORS etc.

Do I need to continue, really?

You called the market wrong because politics was an issue. Obama is nothing more, or less, than a government spokesman. He has zero power.

But the march higher continues, regardless of who is speaking. When Romney gets in, there will be a whole new theme of stocks to buy. Obama was good for biotech. Romney will be good for big business. The EPA will be reigned in, allowing companies like NAK to mine in the 3rd largest copper mine in the fucking world.

Zuckerberg is trying to step up to the plate and assert himself as a leader, by declaring “no insider” sales on his behalf for at least 1 year. At the same time, they issue an 8-k offering tax relief for FB insiders. What a clusterfuck. I’ve never seen anything like that before. If Zuck wanted to regain Wall Street’s respect, he’d oust Peter Thiel now and replace him with someone who gives a fuck about FB shareholders.

It isn’t good enough to say “everyone made money in FB, but the asshole who bought the IPO.”

European stocks are bouncing. The ECB is going to unveil an unlimited bond buying program. Free money forever. Get used to it. #POMO

http://www.youtube.com/watch?v=OwnmKUBMrzg

If you are interested in reading some calm literature regarding the markets, fuck off and go elsewhere. I’ve been blogging like the wind since 2006 and I hear the same shit every fucking day.

“Hmmm, Fly, why don’t you behave yourself and be a bit more humble? Excuse me, Mr. Fly, can you unban me?”

Fuck off, coffin stuffers.

“The Fly” doesn’t give a shit about your feelings and will never address you on equal terms, because IT ISN’T THE CASE. God damn you. In 100 years from now, providing I am still “blogging like the wind,” I will address your dead skeletons in the same abrupt and coarse manner. Believe me, I hear this from Mrs. Fly all the time. Back in my younger years, I used to listen to her, as well as others, in an effort to “better myself.” But then one day is dawned on me, no one makes better decisions than me. Therefore, if they’re all wrong, by default, I am correct.

I do not apologize for kicking old fuckers into oncoming traffic, outside of steakhouses. Those old geezers had it coming. More so, I will not speak gently to you, the insecure beta male, desperately seeking attention and fortune.

I have my own money and do not require advice from anyone, especially you. Since inception, I’ve banned thousands of readers from iBankCoin, offering over 800 “full bans“, gratuitously, to people so they can never access the site again. I’ve even revoked PPT memberships and stopped distributing site content through certain financial websites, at a costly detriment to overall traffic, all because of my principles.

This isn’t about money, you devil dogs. This is about getting it right and making others pay, ever so dearly, for their mistakes. #TIMESTAMP

This morning I was getting the stuffing kicked out of me in NFLX and PPC. But as the stock Gods would have it, my fortune reversed and went higher, eradicating my losses–turning my day into profit.

My Romney/ Fuck the EPA play, NAK, soared, based upon the caprices of perverted speculators. Secondly, my holdings in PLCM, LOGM,VHC, MCK, ESRX and CVO went deep into green territory, allowing me to gain nearly 0.5%. This is truly amazing, all things considered.

Because of the tone of the market, I went all in, selling out of HDGE for a small profit and reallocating assets into stocks, taking cash levels down to 10%. Granted, this might end up being a foolhardy move, especially since the market has re-reversed lower into the close of trade. But I’ve been sitting in the sidelines for the better half of one month now and I am sick and fucking tired of taking the easy route. I want this shit to be hard, NFLXing and MRVLing my way towards victory.

In short, “The Fly won again, even though you thought for sure he was going to perish amidst a car filled with lit dynamite sticks.

I sold my hedge (HDGE) right near the intra-day high and went long CVO, LOGM, PLCM, VHC and ESRX in great size and alacrity.

Do you know the true definition of Darwinism?

Contrary to popular belief, it is not survival of the fittest through brute strength or intelligence. Darwinism embodies change and how one is able or unable to adapt to it. In this case, I read the tea leaves and acted swiftly. What was a boring money losing session has transformed into grandiose winship, you fucking faggots.

I am bowling on you pussies, whilst cracking homeless men in the heads with half-full (optimistic!) bottles of malt liquor (40 oz, No Billy Dee).

I took my cash position from 40% (after HDGE sales) down to 10%.

In other words, I am all the fuck in, gentlemen.

Top picks: CVO, NAK, VHC, PLCM, LOGM and MCK.

I am in the process of selling out of HDGE. With proceeds, I will be buying an array of stocks, but in moderation.

Stocks are trading lower, in dramatic fashion. Did you expect anything less, post labour day, post Federal Reserve did nothing again day?

Despite what the retarded bow tie says, I don’t believe the Fed is secretly printing money. They’ve never been known for being misers with newly printed money. I see no reason why they’d lie about it now. The fact of the matter is, stocks are due for a strong drubbing. I refuse to talk about Europe and how “their issues haven’t been resolved.” Frankly, the people who consistently insist on burying their heads into the news are mentally deranged–dangerous to society at a whole.

If your money manager is from that ilk, fire him now, for he will never make you any serious money. Unlike me of course, idea baron extraordinaire, possessor of book crushing trades in NFLX and MRVL, all managed to be done inside of a singular month. I’d like to see you dicksuckers try that on your own!

Even with these minour set-backs, I still outstrip you to a very large and unattainable degree. For the most part, all of you are stupid. I am talking directly to you, Sir, especially those of you who are reading this while picking your noses–creatures of the dark, replete with gargantuan ignorance.

As for my management of money, I’d like to remind all of you of my 35% cash position and large HDGE hedge, putting me in a keen position to buy all of your margin calls, AND MORE. It is not customary for me to lose in bastard stocks like MRVL and NFLX– but these things happen. I have numerous, mind you, irons in the fire and all the time in the world to allocate resources.

I have no boss because I am the boss.

I added to my PPC position, into weakness, because I am committed to the name. The chicken trade is not dead, only side-tracked by the Armageddon like conditions of corn crops throughout America. However, America is a great fat nation, gluttonous for food and fortune. Give it a little time and they will start BBQing again, sending shares of PPC, inexorably, higher.

NOTE: My NAK position is spring-boarding higher. It is the quintessential “fuck the EPA” trade and should surge higher as Romney betters himself in the polls.