The Art of Blogging Has Changed

“If you aren’t paying attention, you will be left behind.”

In case you didn’t know, Twitter is iBC’s #1 referrer, representing nearly 500,000 click throughs over the past year. This is significant, as it demonstrates the habits of readers. Often times people don’t even visit iBC. Instead, they just wait for the link to present itself via Twitter.

Lazy fucking bastards.

A few years ago, Twitter represented nothing–until a certain Howard Lindzon (truly a singular man!) told me how huge it was going to become. This was back in 2007, when no one even knew about Tweeting. At first, I thought it was fucking retarded, but soon realized how important it was going to become with regards to being relevant in the new socially crazed world we find ourselves webbed in.

At any rate, I wanted to repay some of the websites who have linked to iBC over the past year. Truth be told, we are continuously one of the top trafficked financial sites on the internet, yet we never catch links and we are never talked about. Everyone reads the site, yet find themselves cowering behind their white cloth because I say the words “fuck” and “yourself” in sequence.

Thank you.

StockTwits
Abnormal Returns
Reformed Broker
Dealbook
Kirk Report
MarketRoll

The rest of you third rate bloggers can throw yourselves into a lit fireplace for all I care.

Florid gains offset my aversion to risk, sitting with an old man’s portfolio of 77% cash on this day of decadence, the day America fired cannons into the sky to eliminate the few bears left hiding out in zeppelins. Grandiloquent gains were had in anything related to Facebook today. Names like GSVC, SVVC, HTGC, STVI, ZNGA shot higher. And, social media names tagged along, enriching those who dared to be long names like TUDO, JIVE etc.

One thing is for certain, “The Fly” will be celebrating the gilded era this weekend, amidst bottles of the finest wine and beluga caviar. There will be splendour and then some more. A blizzard of momentum has suffocated and drown out all of the negativity that was broadcasted and strewn across media outlets in 2011. Although I am extremely cautious here, as demonstrated by my old man’s portfolio, my feelings are meaningless. The caprices of others, people much younger and less jaded than I, will do what they like. It is not cowardice to stop eating after a hearty meal; but it is gluttonous to ask for dessert.

All of the stocks that are rising today is what one might call the very lowest of the low. We have boat races taking place between MOTR and MTOR, while chinese burritos stocks make a resurgence as if their accounting scandals never happened. When the market wants higher, it crushes those who oppose it and make fools out of the people who were cautious.

I’ve had my share of hyper bull runs and I used to be ignorant to the prospects of market drawdowns. There was a time, not too long ago, when I would have been 200% leveraged into all of the high fliers, shitting on every person on this planet in the process. But in order to do that, I would have to accept the other side of the blade, whenever it swung back around.

Longevity is often overlooked and in the business of money management the big returns are praised the most. Aside from last year, I’ve enjoyed mondo gains since 2003, making many times my money since then. I endeavor to outperform this year, but will do so on my terms, not off the superfluities of the unwashed, uninformed hack. I will attain triple digit returns in 2012, because I am destined to do so. You can bet against me if you like and you might have fun doing so. But in the end, “The Fly” wins all the time, in voluminous fashion, even when he is losing. The balance of the earth, moon and the stars are tilted in his favour and there is nothing you or your stupid friends can do about it.

Top pick: SODA
[youtube:http://www.youtube.com/watch?v=yY_3sSzPPKI 603 500]

“May I have the eggs benedict with a whole ham and a side order of three pounds of mashed potatoes.”

Okay, I’m not gonna get carried away and suggest we are trading like we did back in the dot com era. That’s cliche already. However, this is simply astounding, surreal; and frankly, I find myself flabbergasted by the intensity of this run. I’m mostly in cash, but up 18.5% for the year, yet I feel like I am somehow missing out.

Do you realize how absurd that is?

This is the beginning of February and if I would have been 100% invested the whole time, without a doubt, I would have been up around 25-30% by now.

What do I know? I am simply a modest man, inside of the time machine, zipping through wormholes in outerspace. The vagaries of my habits have gotten me this far, albeit I am a bit weazened by the trip. Nonetheless, I take solace in the bedevilment of the shorts, always trying to break things with their crooked fingers and triangle shaped heads. Even though I am all but a spectator, a SODA man of sorts, I cheer for many of you like a Father on the sidelines, at his son’s first football game.

I own just two stocks, very simple and to the point: SODA and CPST. They are both advancing and making me money. I could be making significantly more money if I had the gumption to spit in the face of risk-reward, like many of you: but again, I am only a modest man, master of shadows and space-time continuum.

Many of you have emailed me, with questions about how I make money. At first, I discarded such emails as intrusive dross; but then I had a change of heart and decided to show you my methods.

BEHOLD:

What a humiliating close for the bears. You people literally have nothing to hold onto, not even GMCR or SHLD. This shit is out of control to the upside and your guts are now festooned around the horns of the bull on Wall. There is NOTHING that you can say to justify your stubbornness, missing out on this run. This is not an excursion into the psyche of what makes people buy stocks, regardless of negative news flow.

This is about making money.

Either you’re in the game, or you’re the old fucker telling the kids to “get the fuck off the grass.”

Into the bell, heavily shorted stocks trail-blazed higher, such as CX, SFLY, JRCC and YOKU–just to name a few.

As for me, I bought more CPST because I can. And, I ate a granola bar while annoying my wife during an afternoon drive around the neighborhood.

http://www.youtube.com/watch?v=-aAoA2dgasg&feature=related

Look at that SVVC run. The closed end fund owns a piece of Facebook and Yelp and has risen from the dead, with GSVC, thanks to the hype. It should be sold, 1,000 ways till Sunday. Facebook is just 5% of the fund and has little bearing on it, if any at all.

Luckily, I sold out of SFLY right near the highs of the day. The company missed the quarter and generally sucks dick. Instead of staring at the “gift horse” waiting for him to run low on carrots, I took my money and left the stable–nose intact. With some of the proceeds, I bought 300,000 shares of CPST. It’s a speculative earnings play and will satisfy my thirst for adventure, while wallowing here in an amazing 77% cash position.

The refiners are steaming ahead, thanks to crack spreads all but recovering their losses from that idiotic announcement of “pipeline reversals” several months ago. As a matter of fact, the pipeline hasn’t been reversed and it won’t matter when it happens. Gasoline supply is tight and companies like HFC, WNR, DK, MPC and ALJ stand to benefit. I regret not being in the refiners and will buy them aggressively, should they be so kind as to pull back a little.

Other than that, I am here, twiddling my thumbs, plotting to exact deadly strikes with my orbital space cannon (beta). I am shooting out emails and generally unemployed, as I have little to do and no one to report to. With my spare time, I might learn a new language, like chinese, just so that I can talk shit about my neighbors when dining at the local chinese restaurant–conversing with “Joe” the cantonese waiter from hell. He doesn’t like anyone, rightfully so.

At any rate, just know, I intend to buy up your future margin liquidations. You don’t see the seams on the ball spinning, but I do. This is a curve and you’re sitting on dead red. In about two weeks time, all of your annual gains, AND MORE, will be washed away, like intelligence from 0hio. When it happens, I will be there to catch your fall, through the explicit and direct purchases of your forced liquidations.

http://www.youtube.com/watch?v=f1IQicmIiXM

I bought CPST

Locked in 5% gains. I sold SFLY on the advice of my urinal spectre.

A reversal of fortune is in the works over at SFLY. Go ahead and take a peak. I’ve sacrificed three chickens and two goats to the stock Gods this morning, in a ritual to increase my riches. Should SFLY close higher today, erasing a 3 point deficit, you will know for sure that I am blessed.

Although I missed out on the lion share of the GMCR melt up, having only captured 4-5 points of it, I stand to make a great deal of money on SODA today. Of course some of that will be offset by a most unfortunate drowning of the shares of SFLY; but I’d rather not discuss those vagrancies at this time.

SODA will pop today because of GMCR. Both GMCR and SODA sell their shit in the same stores and retail counter top machinery. Part of the reason why I sold GMCR was because I owned so much SODA (18% of assets). I didn’t want to risk relinquishing my gains in GMCR on a bad earnings miss, which would have doubled my trouble (no team rocket) being long SODA too. Because of this, like a corporate rapper, I sold out.

In other news, I am going into “information black-out” mode today, in order to tune out the noise. CNBC, BBG and my newswires are going offline, to be replaced by Glass’s ninth symphony. I will be listening, ever so quietly, for the sounds of winship and march toward such sounds, clad in teutonic knight armor atop a drunken donkey–wondering why in the world I am long this PIECE OF SHIT SFLY.

Remember when I said I wasn’t gonna look at any stocks?

I lied.

Inside of The PPT, I set up some custom indexes to monitor certain things. What’s perplexing to me is seeing technology shares up almost 50% from their lows, yet raw commodities stuck in mud. When I say commodities, I am not only talking about gold, oil and silver. If you take the whole basket and gander at it: not impressive.

Here’s the chart.

Investors are racing for yield, bidding up closed end funds and bonds across the board. All of the frowns that hit the bond markets in 2011 have turned upside down, from junk to sovereign. Everything is being bid up. We are near the top end of the range here, with only 2-3% points left before we hit new highs. There is something to be said about the character of this rally. It is not based around commodities. We are rallying as if the economy were about to lift off.

Economically sensitive sectors like homebuilders, industrials and pulp paper stocks are airborne. It’s as if the european crisis never existed or will ever pose a risk to the stability of the global banking system.

How is this possible?

Last I checked Germany didn’t give the EU a blank checkbook and Italy still needs to raise a tremendous amount of money this year. Oh, by the way, those Italian bond auctions went swimmingly, which begs the question: who the fuck is buying Italian debt?

I suppose the ECB is propping everything up. However, during the dark days of 2011, there seemed to be a certain flavour of inevitability regarding the insolvency of the EU. I speak to you as an observer, having all but 25% of my assets invested on the long side. The market has been extraordinarily benignant to us all; I hope you appreciate how special this rally is and to take profits from it at once.

You are staring the gift horse in its face. At the moment, the horse is stupid, gnawing on carrots, pleasantly neighing about and nickering until it is fat and tired. Not before long, the gift horse is going to run out of carrots and fashion your nose for one, ripping it from your face, while kicking your chest cavity in with its asinine shoes.