Closing Out the Year with Wins

With Flotek Industries, Inc. [[FTK]] and Green Mountain Coffee Roasters Inc. [[GMCR]] tailwinds, “Le Fly” is closing out his best investment year since 1999. I would like to thank all of you for helping me; but that would just be a lie.

See folks, while you stay home studying your fucking charts, I am flying in saucers, trying to figure out tomorrow’s trade. Granted, having a run away market since March has helped a bit. However, I do not know many people who had the internal fortitude to stay long, for as long as I have, without flinching, without being gay and stupid.

I give thanks and praise to myself for creating The PPT, alongside Lord Jeremy of the Twin Cities. Without it, I would have driven myself mad, allocating countless hours of my time doing research that PPT can accomplish with one click. Indeud. The one thing The PPT excels at is saving me from wasting time. In my business, time is money; and right now, you fuckers are costing me money.

I sold out of 90% of my Green Mountain Coffee Roasters Inc. [[GMCR]] position because the move higher was too sudden. In my opinion, I believe the stock will surpass $100 and punch its enemies in the face. However, I’d be an idiot not to take a 2 week 20% profit, on my largest position, during the final week of the year. With some of the proceeds, I bought Corinthian Colleges, Inc. [[COCO]] , based upon sector strength, a monster short position and rigorous attitude towards winning in names that chart lovers despise.

And, for tax loss purposes, I closed out my Homex Development Corp. (ADR) [[HXM]] position.

See you motherfuckers tomorrow!

Going in for the kill.

I bought 30,000 Corinthian Colleges, Inc. [[COCO]] , north of $13.70.

Disclaimer: If you do not possess a plutonium powered time machine, do not follow my trades. You may lose money.

I sold out of 90% of my Green Mountain Coffee Roasters Inc. [[GMCR]] position, north of $77.

Due to today’s monster wins, I’ve taken the liberty to change clothes, not too much different than Mr. Rogers. Instead of walking around like a pompous asshole, dressed in a suit, I now walk the Earth in a green robe with black sandals. I imagine this confuses many of you who are accustomed to a “white robe” dress code. So you know, the green robe represents something much more than just a color. It represents dignity, honor and greed at the highest level.

“My greedy green robe” is what I call it, prior to adorning it with my person.

When dressed in a green robe, “The Fly” will steal your wallet, if given the chance, and donate the contents of your pathetic carrying case to his favorite charity.

I will take thee wallet with rigor, then kick you down a flight of stairs, lined with spikes—all the while smoking from a pipe.

After today’s trading session, I will walk into my favorite steak house, dressed in my infamous “green robe,” while smoking a large cigar, and demand to be seated “at once.” Failure to obey these orders will result in my cigar ashes being purposely dropped on their cash register.

As for the market:

I am too busy to even think about it, let alone look at it. Just know and understand, “The Fly” is winning with profuse efficiency. And, just to rehash this important article, I am take a new initiative by “going green.”

With today’s melt ups in Flotek Industries, Inc. [[FTK]] and Green Mountain Coffee Roasters Inc. [[GMCR]] , “The Fly” is now up more than 100% for the year. Quite honestly, I did not expect to enjoy such immodest returns; but I accept them with a dark heart and fist full of sand.

If you take a step back, ever so gingerly, there is an important lesson to be learned here, which is: Betting against “The Fly” is pure madness.

As you could imagine, I am quite busy today, dealing with issues all related to the business of responsible asset management. So you know, into 2010, I will be building up positions in Cummins Inc. [[CMI]] , Flowserve Corporation [[FLS]] and ICICI Bank Limited (ADR) [[IBN]] , while celebrating winship in Ctrip.com International, Ltd. (ADR) [[CTRP]] , Green Mountain Coffee Roasters Inc. [[GMCR]] and Sears Holdings Corporation [[SHLD]] .

Danny is accepting new words for iBC’s dictionary (the 2010 edition), soon to be available in hardback for your reading pleaseur. Please submit words for this year’s edition, via leaving a comment in his thread.

For those of you who are unaware of this “reservoir of words,” have a looksy here.

Well, I am pleased with my BROKEN ROBOT gift this pagan X-mas. How about you? Enjoy the rest of the day and be nice to your family, you miserable bastards.

Here is a great little site for the kiddies, if they are into tracking Santa.

Be well and enjoy the spiked egg nog.

I initiated a position in Cummins Inc. [[CMI]] , buying 2,000 @ $47.60. And, I bought 10,000 SandRidge Energy Inc. [[SD]] @ $9.86.

Disclaimer: If you buy CMI or SD because of this post, the next time you go for a road trip, your car will cease to work in the middle of nowhere. And, you may lose money.

As you could imagine, Le Fly is quite busy this morning, running around his residence, like a headless chicken, all thanks and praise to Mrs. Fly for that. After eating several egg whites, accompanied by two slices of toast (lightly buttered), I took a gander (just a gander) at my stock positions. Much to my delight, I see the stock Gods have made an offering to me, in the form of higher Flotek Industries, Inc. [[FTK]] stock price.

Let it be known to all of you, my losses in FTK are severe and meaningful (north of $1 million). Nonetheless, I am reminded of an old tale, once told my some random motherfucker on Wall Street, who said “last year’s affliction may become next year’s orgy.”

Finer words have never been spoken, at least not in North America.

When discussing the important matter of short squeezes, FTK can be a name worth looking at, taking into consideration its 25% short position. If they could get their financing concerns behind them, well then, you might see a terrific run.

Separately, I still enjoy looking at Sears Holdings Corporation [[SHLD]] , Green Mountain Coffee Roasters Inc. [[GMCR]] and Ctrip.com International, Ltd. (ADR) [[CTRP]] , even at these levels. And, if Santa Claus is real, he will send the shares of Flowserve Corporation [[FLS]] over $100, so that I may enjoy, yet another, “hundred dollar roll.”

Often times when a stock has a giant short position there is something wrong with the company. For the most part, professional short sellers are very intelligent and are extraordinarily detailed in their reasoning behind their downside bets. In downward trending markets, I like to sell short stocks with a large percentage of shares sold short— for the “pile on” effect. Typically, those stocks are easy to break, because people think something is wrong with them. It’s all about perception.

However, in upward trending markets, the sharp edge of the pendulum swings the other way, into the scrotums of the steadfast/stubborn short sellers. Hence, when the markets are shooting higher, I like to go long stocks with large short positions.

Reason being: short sellers can only take so much pain, before they are forced to capitulate and buy back shares, sending said names through the fucking roof. Anyone familiar with Resorts International? Look it up, pal.

Wall Street is littered with legendary short squeeze stories. Why not try to participate in one, while the market is pistol hot?

The following stocks represent the best short squeeze ideas, courtesy of The PPT:

GDP, CSTR, NFLX, JCG, SD, ADVS, AIPC, AKAM, AMED, NILE, SHS, CBL, DSW, SYNA, EQIX, SHLD, ATPG, TNDM, NTRI, GMCR, PCX, CENX, ARD, VPRT, CYBS and MAC.

NOTE: Most of the stocks mentioned above have short positions representing more than 20% of the shares in the float.

NOTE II: In case you didn’t know, iBankcoin launched its second premium service, based upon the work of Mr. Woodshedder, kind venerable gentleman of the south. I insist that you sign up for the free trial (only email address is required). Worst case scenario, you get to bear witness to iBankCoin’s supremacy, when it comes to premium financial products—here on these retarded internets.