Fly Buy: EXK

I bought 5,000 EXK.

Spreads are up 10% this morning, breaking $34 with conviction. Every money manager who makes believe to know what he/she is doing will be positioning into the sector shortly. Multiples are very attractive and growth rates are best in class. All of the refiners fucked up with hedging in Q1. That will not happen in Q2.

Get that hard on, boner money, and circle jerk your way to prosperity (NO HOMO).

[youtube:http://www.youtube.com/watch?v=zdqCk_K-1y4 616 500]

Pardon last weeks lapse in testicular fortitude, when I complained about my losses and how thesis trading was old hat. As a point in fact, my thesis is working rather nicely these days, as I close out another +4% day. My gains, mind you, are so mind boggling, so stupendous, Mrs. Fly has taken it upon herself to gut my entire house, just for pure novelty.

Silver and crude are bananas to the upside. Refinery related stocks have broken the fuck out and are now shitting on the bears who sell them.

Ladies and gentlemen: you held your positions, during great distress, for days like this.

During the day, I kicked out VCLK and started new positions in both CLH and TER.

On a separate note, my WNR is bigger than yours.

NOTE: The PPT nailed the OVERBOUGHT call on ZSL, yet again. Make that 11 out of 12.

I bought 5,000 CLH.

321 cracks are now up 8% to 5 year highs, above $31. This shit is getting so egregious, so magnanimous, the clerk at my local gas station is doing lines of blow off his cash register.

If you are a human being in need of money, it is imperative that you consider long positions in one of the following, if not all: WNR, CVI, ALJ, HOC, VLO, CLMT, TSO.

In layman’s terms, it’s BONER TIME for WNR shareholders.

I started a new position in TER and added to WNR.

If you buy the above stocks because of this post, your penis will fall off. And, you may lose money.

I sold out of VCLK.

What if the recent decline in silver was nothing more than a pit stop to higher prices? As most got bitched out of the metal, those with the testicles to step in last week are minting money today. Shares of EXK, AG, PSLV, AGQ etc are sprinting higher. If the stated policy of the Fed is to devalue the dollar and if the euro is retarded, where the fuck will people put their money?

Precious metals seems to be a better than average place to put money.

Having said that, I’m not a gold bug and I generally spit on those who want to buy things with gold bricks. I like paper money because it folds nicely into my wallet. Plus I enjoy folding my money to conform with illuminati conspiracy theories.

Back to stocks:

Refiners and precious metals. That’s all I care about right now.

Big news this morning out of WNR, as the company relays information to be in talks to sell their refinery at Yorktown. This is exactly what I’ve been waiting for, with regards to impaling the WNR shorts. A sale would equate a thermal nuclear device going off in their pants (no homo).

As an aside, I am making a large fortune in silver because all of you were too stupid to buy last week or liquidated into the frenzy. I’ve been doing this shit a long time and I have a steady head for this shit. It’s not for everyone and most of you should cease and desist from devaluing your family assets at once.

I like beaten down commodities here, especially refiners: WNR, ALJ and HOC.

My silver holdings include EXK, AG and PSLV.

I ate so much BBQ chicken this evening, I feel as if I am writing this under the influence of general anesthesia. As I sit here watching my insane brother in law watch Hitler on the History channel, I am sensing S&P futures are rising. Keep in mind, I’ve yet to view the market and have no idea if futures are lower or higher. However, I do know POMO. And if Bernanke is truly as badass as he claims to be, he will light the faces, of those who bet against him, on fucking fire— starting with tonight’s session,.

Gold, silver and oil should all trade higher, following last weeks liquidation. As my brother in law switches from Hitler to Vietnam, I feel a certain urge to drink coffee, something hot. Mind you, I do not like cold coffee anymore. If one is to drink coffee, no matter the temperature outside, it should be consumed HOT. Only bitches and homosexuals drink iced coffee.

As an aside, I am, most assuredly, pleased to report NYC buses are now equipped with cameras to stop traffic violations. So, should you drive your car in NYC and happen to turn into the bus lane, you are practically guaranteed to receive a $100 ticket inside of 3 business days. There is nothing like living inside a tightly wound police state. You can’t do shit without getting arrested. Everyone is one bad choice from 20 years in prison, unless of course you are a child molester. They only get 2-3 years.

It is my opinion that too many people have freedom anyway. I’d like to see all sorts of people hurried away into small cells, especially people who drive their cars without honor.

I am getting off topic here. 10,000 apologies.

Hitler is back on the teevee and “The Fly” is back to his bullshit again, buying stocks with reckless abandon.