iBankCoin Presents: The CreateCoin Newsletter with Scott Bleier

By now, most of you know Scott as the gentleman on iBC’s homepage (or his blog), where he simulcasts his morning radio show. Well, in case you didn’t know, Scott has been running a successful newsletter for many years, on his site CreateCapital.com.  Now, with the help of the Godly folks from iBankCoin, he is launching a new service here, which will include added features, such as instructional videos, frequent posts and pie throwing contests (I kid).

The main reason why I convinced Scott to join the iBC team is because he is a professional. I do not use that term loosely. In this business of asset management, many claim to be professionals; but in reality, most are nothing more than 2-bit salesmen. I remember Scott from the old CNBC days, when he would nail one tech stock after another. And, more recently, I  remember Scott from the Fox Bulls and Bears show (where he was a co-host), when he accurately called the credit crisis and a plethora of short ideas. Basically, Scott knows how to navigate the market, whether it be from the long or short side.

Here are some of his most recent picks.

Go sign up for a 1 week free trial (no credit card info necessary, so you better fucking do it) and see if it makes sense for you.

Good Day.

VKING must go fuck himself now.

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Basically, the market teetered between gains and losses all day, effectively boring people to death, AND MORE. I’ve been on some non-eating program, whereby I don’t eat. I don’t know why, as a matter of fact. I just don’t feel like shoveling sandwiches in my face anymore. I think my investment philosophy directly coincides with my proclivity to eat fucked up foods. When things are going great and I am tossing punk kids into lit fireplaces, I dine on rib eyes and caviar. When I am bored, losing money or in [[TLT]] , I sort of lose passion, ranging from food to blogging. It’s sort of weird.

God willing, the market will get eaten alive by upright walking pigs and I can reinvest my cash. Either way, I still missed out on some monster moves: think Green Mountain Coffee Roasters Inc. [[GMCR]] .

Okay, to sum up today’s tape in Fly land: the dick suckers from Silicon Storage Technology, Inc. [[SSTI]] have accepted an egregiously low takeover bid by Microchip Technology Inc. [[MCHP]] . And, despite dollar neutrality, [[TLT]] sold off another .5%. All in all, today was another non-event for me.

I bought 10,000 [[TLT]] in the $89.80’s.

Disclaimer: If you buy TLT because of this post, VKING will be reinstated. And, you may lose money.

NOTE: Don’t forget to vote.

—-SPECIAL EMERGENCY ELECTION—- (see bottom of post)

There is no other way to describe my sentiments, other than directly suggesting that you, the internet buffoon, lighten up. As an aside, “The Fly” has taken on a new approach to life, via “channeling” his energy more constructively. An era of positivity is upon you; don’t get in my fucking way or I will kick you into idle fault lines.

I do not mean to be harsh. It just happens to be my nature.

Separately, I am trying to make believe I did not read that the dick suckers from Silicon Storage Technology, Inc. [[SSTI]] might have accepted a $3.05 offer from Microchip Technology Inc. [[MCHP]] . There has to be more to the story. With the stock down to $3.07 in pre-market, there is no point selling here. The hard cash offer is now $3.05. Let’s see if Cerberus steps up with a counteroffer. If not, chalk up a 5% loss. Not that much of a big deal.

Commodities are red hot these days, as analysts completely fuck themselves with shifting opinions. Case in point: United States Steel Corporation [[X]] .

How many times have analysts changed their opinions on letter X over the past year? Always remember, research is entirely vital in helping you understand what you are invested in. However, when it comes to buy/sell recs, please don’t waste your time taking the advice from nerdtron analysts.

Bottom line: See title.

UPDATE: FREE VKING?

Should I remove the ban on VKING from posting in the peanut gallery?polls

Buy the burlap; sell the saga.

That’s all.

Your suspicions are correct.

Natural gas stocks have been bludgeoned, as of late. However, like all things in life, THEY ARE FUCKING LYING TO YOU.

Case in point: Southwestern Energy Company [[SWN]] looks like a piece of shit on an ice cube tray. However, what you didn’t know, the stock has gone up in April, 20 of the last 21 years. How’s that for track record? ‘Tis the season to go long natty and oil service names. Since I have nothing to do, being all pussified in cash and treasuries, I’ve been doin’ a little studying. Based upon the laws of seasonal investing, Chesapeake Energy Corporation [[CHK]] , Weatherford International Ltd. [[WFT]] , Southwestern Energy Company [[SWN]] and Anadarko Petroleum Corporation [[APC]] are buys, from now until May. For the love of rice and mice, should this market ever pull back, I will break skulls to get long these names. I believe in them that much, as if to commit a most heinous felony.

Other than that, life is sort of on cruise control now. I am sure Mrs. Fly has a fun-filled weekend planned for me, going to malls, and little bitch ass boutique shoppes. And don’t forget, we mustn’t be late to the Whole Foods Market, Inc. [[WFMI]] sermon on Sunday. The Lord will be mad if I am tardy.

Tardy retardy go drink some bacardi!

Enough about me. How about you?

Nah, just kidding, asshole. No one is interested in what you have to say. If they were, they’d be visiting YOUR BLOG now, not “The Fly’s.”

In closing, many props to our new blogger, Scott Bleier, for nailing this move, via an array, mind you, of accurate stock calls. Sooner than you know, iBC will be launching a newsletter service, hosted by Mr. Bleier, in an effort to help the common leech “de-leechify” himself.

Good day to you and yours.

UPDATE: I bought 50,000 Silicon Storage Technology, Inc. [[SSTI]] , between $3.22-3.24.

You can’t depend on anyone to do anything right. So, with that in mind, don’t rely on people to sell stocks, despite the low [[vxx]] levels. The problem with shorting is people are fucking insane. They will keep bidding stocks up, no matter what, until they die. Believe me, coming from a guy who successfully traded the dot com bubble, until its sweet end, shit can get very irrational, before you can start to look smart again.

Thanks to the melt-up, risk is back on the table, which means [[TLT]] will give back. However, I want you to keep note of the fact that my “big set-back” is merely 1%. That’s what you call a “low-beta” trade—one that does not rape you either way.

I’m still making coin today, just not as much as folks like Henry Fool, at least percentage wise.

My current positions include: Flotek Industries, Inc. [[FTK]] , U.S. Global Investors, Inc. [[GROW]] , Brocade Communications Systems, Inc. [[BRCD]] , Citigroup Inc. [[C]] , [[CBD]] , Equinix, Inc. [[EQIX]] , GlaxoSmithKline plc (ADR) [[GSK]] , ICICI Bank Limited (ADR) [[IBN]] , Jarden Corporation [[JAH]] , POSCO (ADR) [[PKX]] , SandRidge Energy Inc. [[SD]] , Sociedad Quimica y Minera (ADR) [[SQM]] , Silicon Storage Technology, Inc. [[SSTI]] , [[TAN]] , Teva Pharmaceutical Industries Ltd (ADR) [[TEVA]] , [[TLT]] and Visa Inc. [[V]] .

With my sidelined, pussified cash, I will just—sort of—wait this market out. You know, it’s important to note, if this was 5 years ago, I’d be buying stocks with the fervor of a gorilla in a banana tree. With age comes discipline. In a way, I have more respect for money, especially after the credit crisis.

Anyway, try not to fuck yourselves, stepping in those murderholes. I know many of you are killing it with spec trades, great fucking job. When you little fuckers become billionaires and the apocalypse hits (2012), don’t forget to buy Le Fly a seat on one of those arcs. I’d be very much interested in a 1,000 square foot room, with incandescent lighting; fuck that LED shit—FYI.

Who said snow would coerce companies into shit canning people?

PFFFFFFFFFFFFFFFF.

For the month, we only shed 35,000 jobs. That’s so little, it’s like creating jobs, but in a very non-creating way.

As a result of this terrific news, futures are up, the dollar is up, and traders, generally, have “stiffies” for high beta names. Into what can only be described as “the bestest jobs report, like ever,” expect bears to shit themselves (again), get punched in the face with jelly filled donuts, and die inside of a few short trading hours.

At the moment, I am “unswayed” by “VOS” (Victory over Snow) and may opt to sit this rally out, from the luxury of my miniature swivel chair.

Investors are betting that no matter how bad tomorrow’s numbers are, stocks will go higher. They figure, the numbers will be tossed away, due to snow. In their pea sized brains, it “makes sense” to get in AHEAD of the most horrific jobs numbers in months. What you need to remember is this: the entire rally is depending on real improvement in the employment landscape. The longer it takes to show net gains, the patience of coked out money managers will wane, eventually leading to lower stock prices. You can take that time-line to the fucking bank, cash it, and go buy a Ferrari.

The market went up today, and so did my [[TLT]] . And, that fucker paid me a divvy on 3/1—reducing my cost basis to mid $88’s. Into tomorrow’s calamity, I am 12% treasuries, 35% equities and 53% cash. Believe me, it’s painful to sit out the late stages of a bull run, because things look “fantastical.” However, just remember, shit like [[SCOK]] rise to the top, just before nuclear war heads emerge from hidden silos, en route to your little bullshit office or house.