Being Wrong Never Felt So Right

For months I was in the deflation camp, telling all of you that money supply would vanish into thin air, taking the prices of everything into a mesmerizing, yet deadly, vortex. As a matter of fact, I declared, “Death to Oil” and “Death to Texas-Tea Baggers” on a number of occasions.

For the sake of reserving the right to claim such said victories at a later date, I will not recant such said prophecies. Instead, I will just play along, like an ignoramus, drinking the different flavours [sic] of tea, while making believe I am in some sort of cult-like inflation militia, whose job is to render the U.S. dollar worthless—indeud.

Many of you are scared of the rally, thinking it is ready to slap-chop your cocks off. Howsoever, I will tell you, old man, you have nothing to fear, for the Chinese are restocking their oil inventories, in order to attack America, via a large Pacific fleet, at a much later date.

My droll-like point:

Oil/gas stocks will trade higher. The market is following the whims of oil, no doubt. If you had a look lately, oil is about to bust through $60, on its merry way to $75—just in time for the summer driving season. I yearn for the days of $5.00 gas.

Back to my point, here is a list of under the radar names, courtesy of The PPT (all praise and encomium go to the developers of such an alien tool), for your perusal, which by way of market forces, may be worth your investment dollars.

SII. EXH, WG, WNR, MCF, ME, GHM, SD and of course FTK.

[youtube:http://www.youtube.com/watch?v=sXr4y9ZLKRw&feature=channel_page 550 400]

RFMD is a son of a bitch. Who knows why that cocksucker went down. Maybe the spring weather annoyed certain such said longs into capitulating? At the end of the day, all I care about is the gold bricks in my fucking vault.

Speaking of gold: I stepped in today, buying up some NGD. I can’t help myself. For some odd reason, I am gravitated towards the lowest priced stocks. I know this vexes many of you, too bad and fuck off.

“The Fly” is going through a phase; cop a walk. In the future, I will look back on these days and say “hey, remember when I was a degenerate OTB guy, buying pennies,” just prior to banning you from the site forever.

Aside from that, most of you cow fuckers got your faces punched off today, trying to short stocks. The market is going higher tomorrow and it will drag you—like a little bitch—through the streets screaming, providing you are not mindful.

Mindful of what, you ponder?

MINDFUL OF A SHARP CLAWHAMMER IN YOUR HEAD, I gather.

In closing, I like DELL, FTK, rfmd (cocksucker), CUZ, NGD, TWi, SFE and a few others.

Off to a little league baseball practice.

I bought 25,000 RFMD @ $2.22, 20,000 FTK @ $2.35, 2,000 CUZ @ $8.5 and 15,000 SFE @ $1.09.

UPDATE: I bought 25,000 NGD @ $2.13.

UPDATE: I sold out of my FLOW, north of $2.40

Disclaimer: If you buy the above stock because of this post, someone will throw a dead dog on your front lawn. And, you may lose money.

I’ve been out all day at some asinine meeting/event. Actually, for normal people, the event was rather enjoyable. But not me. No, I’m over there checking quotes every 5 seconds, like a neurotic nicotine addict, jonesing for a large cigar.

I see tech stocks are receiving multiple homo hammers today, including my RFMD position. For the record, may God strike those who bet against my positions.

I told you to wait for cheaper prices, while also saying the market should go higher. Try figuring that shit out, while drunk.

I’m tired of being a bear, betting against humanity and wishing ill will on banking execs. 2009 is the year of the kind, gentler Fly, who is still capable of punching your chest hairs off without provocation.

It’s time to practice what I preach, by way of defending some of my positions.

More on this later.

Forget about the banks. You are obsessed with them and it’s not healthy. Aside from tech, oil is playing a material role in the current rally. APC priced a retarded secondary, putting some oil indexes into retardoland. But, the commodity is up, which is all I really care about. The stocks will act like stocks— idiotic—until they don’t. In the meantime, UCO is worth a look.

“The Fly” is more concerned with the important matter of reflation or the presumption of such a Godly transition.

With that in mind, I want to buy beaten down oil/gas stocks, mainly because it’s fun and I like making money. Names like FTK, PLLL, NGAS or even BEXP intrigue me. Trust me, there are a lot more. If you want to talk turkey, be a man and join The PPT; quit freeloading your life away—like some sort of minimum waged doughnut maker/slave.

As for today’s tape:

So far, I like the action in SFE (cheap as balls), CUZ, TWi and GMO. My gut tells me RFMD will print $3 before $2. However, as of now, the market forces are telling me to chill the fuck out and wait for better prints, since the bears are open field running—naked—on the banks and cre here.

For now, I will find a way to entertain myself, while prices come down to more attractive levels.

I peruse over the blogosphere, every so often, only to find myself appalled over the low quality shit being published by know-nothing losers, or hacked out, one trick Doctor crack habit ham and eggers. Believe me, when it comes to putting thoughts into words, my nose is very high in the sky, indeed. As a matter of fact, if the art of blogging was a tea cup, I’d hold it with my pinky extended outward.

Believe it or not, the best way for you to become popular or relevant is to surrender to the Godly folks at iBC and post regularly in the PG. I view the PG as iBC’s farm system, where talent is cultivated and readied for prime time. Don’t get me wrong, some of the people posting in the PG are highly talented and responsible investors. However, blogging is more than just splashing a few fucking speadsheets onto a page, with a stupid paragraph or two affixed to it. Most people just ignore that sort of crap.

Many are envious of “The Fly,” for good reason, of course. After all, he commands an army of loyal subjects, while you are just some dickhead, twittering away into the collective oblivion.

The House of iBankCoin is built upon a golden temple of fidelity. None of you clown-fuckers can ever come close to what is being actualized here. Inasmuch, you’re better off writing in a bitched-out diary, than competing versus me.

[youtube:http://www.youtube.com/watch?v=cJo-IYErOeQ&feature=channel_page 550 400]

I quote the great Mark Haines, resident fat guy from CNBC, because he is a man with worldly advice. He knows, as well as Dennis Kneele and James Cramer, that we are, indeed, in a new bull market. Betting against such men is equal to playing with pinless hand grenades, inside of a dynamite stick factory.

You don’t like the market? Good, short it with all of your might. What do I care? Stick your short ideas in your ears and go for a swim to Canada. If you are cursed with actually living in Canada, just remain where you are—that is punishment enough.

I fucking ruined my lawn, yet again (I ruined my lawn two years ago). I was at Lowes the other day and bought some of that “Turf Builder” crap, thinking I’d “outgreen” my neighbors and make them green with envy. Yet, much to my chagrin, I am now blessed with crop circles, all over my stupid lawn. People pass and laugh, exclaiming: “look hon, it looks like a UFO landed here.” Then I come out, with my bearded face and shot gun, ordering them off my property. Sometimes I let off a warning shot, just for dramatic effect.

The market dumped out today, led by banks and CRE. To be honest, it really is no concern to me, just yet, especially since I have a rich cash position (35%) and “better-than-you” (50%+) year to date gains.

If my crystal ball is accurate, we will trade higher tomorrow, led by oil/gas.

For fucks sake, the CAT finance bonds, bought @ $93, 7.5% yield, which many of you poked fun at, are now trading near par. Once thought to be dead bank stocks, like CORS and FTBK, are alive again and eating the brains of those who are short. Tech stocks are ignoring today’s “death to equities” chant, all the while you—the last man fighting ww2— keep shorting the banks.

What the fuck do you idiots need, in order to stop you from hurting yourself? I am intervening in your stupid life, on a continuous basis. After my 1,000th win, you’d think that my word meant something, but no. You and your ego, remain steadfast in shorting the market until your pathetic online account is gone.

I initiated a position in SFE today, despite its rag-tag equity price. Truth be told, I buy SFE once every 5 years: I never lose.

At these levels, I like CUZ, TWi, ATHR, SFE, RFMD, FTK, GMO and DELL.

However, due to my insane year to date gains, north of 50%, I will not dive into the market—on a mere 100 point pullback. I have a 35% cash position and will use it to buy real dips, not this cowardly cub-like scratch.

UPDATE: I bought 20,000 BEE @ $1.36