Good News Everyone

The stupid men called “Sideshar” and “Joshingu” have been drawn, quartered then hanged by the iBC mob, who say “no more to low grade blogging and hideously wrong stock advice.”

Congratulations on the 12 remaining candidates. I intend to execute three more unlucky losers, after the close of trading—tomorrow. Or, who knows, I might just spring a surprise execution on you fuckers tonight.

Vote for the TWO candidates who are least deserving of an iBC blog. [296 votes total]
cuervoslaugh (7)	2%
AI (10)	3%
sidshar (43)	15%
discoordinated (16)	5%
Green Writer (10)	3%
pikertrader (15)	5%
DPeezy (26)	9%
Breakfast Meat (21)	7%
boca (18)	6%
ZMoose12 (9)	3%
Veritas5 (7)	2%
ripetrade (5)	2%
crgmdy (12)	4%
j0sh1ngU (74)	25%
JakeGint (23)	8%

UPDATE: GW killed himself. 11 candidates remaining.

[youtube:http://www.youtube.com/watch?v=h8T-aA86Jz4 450 300]

The bitch (Mother Market) tried to knock me out on Thursday. However, yet again, “The Fly” rose up with a full head of anger and dispatched her into an idle sewer pipe.

I banked some coin today, which, incidentally, feels a lot better than losing coin.

I have a meeting to attend, so this is my final post for the trading day. I leave you under favorable conditions, long [[GNK]], [[RFMD]], [[TER]], [[AMKR]], [[OVTI]], [[CIEN[], [[STAR]], [[LDK]], [[PKD]], [[ODP]], [[FEED]] even [[CROX]]!

For the love of pencil sharpeners and skinny fingers, I am long the biggest pieces of offal and loving it.

My only hedges include: [[FXP]], [[SCO]] and short [[ACC]].

In short, “The Fly” wins again, even though it appeared he was about to get kicked into a garbage truck.

As an aside, in order to celebrate my great victories, I am going to execute two prospective bloggers, via democratic proxy. Thank you and be well.

WHO WILL DIE NEXT!?

Vote for the TWO candidates who are least deserving of an iBC blog. cuervoslaugh AI sidshar discoordinated Green Writer pikertrader DPeezy Breakfast Meat boca ZMoose12 Veritas5 ripetrade crgmdy j0sh1ngU JakeGint Current Results

I bought 10,000 [[OVTI]] @ $8.95.

Disclaimer: If you buy OVTI because of this post, your dog will relieve himself on your pillow. And, you may lose money.

If Obama buddies up with Castro, I guess [[CUBA]] will run higher. Other than that, I would bet certain airlines will benefit from direct travel to Cuba.

The market will not be denied. Seriosuly, asshole, quit fighting the trend. Believe me, it took staggerring losses on my end to help me see the light, which is: the world isn’t ending any longer. Somehow, someway, we are going to survive. As a result, stocks can be bought, with a certain amount of discipline of course.

As you know, I’ve been diving into pools of [[GNK]] (largest position) and [[RFMD]]. I like the shippers, because they are late stage plays. Meaning: if the economies of the world rebound, the shippers will benefit over a long period of time, not just today. With a substantial increase in the Dry Bulk Shipping Index, a stock like [[GNK]] or [[TBSI]] can appreciate, significantly, over a long period of time.

In addition, I am long 10,000 [[FEED]], from $2.35. This play was a pure PPT play. A lot of people got onboard and banked some coin. For the record, I am holding out for higher prices.

Finally, into this rally, I like [[LDK]], [[PKD]], [[AMKR]], [[STAR]], [[OVTI]] and [[CIEN]]. At the present, my only hedges are long [[FXP]], [[SCO]], [[SSG]] and short [[ACC]]. I sold out of all of my [[SRS]] and [[FAZ]], allowing a very dark chapter in the life of Senor Tropicana to be closed.

Casino update Buy: Long 10,000 [[ODP]] @ $1.87.

I bought 25,000 [[GNK]], between $14.05-14.55 and 10,000 [[RFMD]] @ $1.84.

UPDATE: I bought another 20,000 RFMD @ $1.86

Disclaimer: If you buy the above stock because of this post, your favorite baseball team will finish dead last this year. And, you may lose money.

I was down a little more than 10% on Thursday, an unacceptable/amazing feat, all thanks to my deer in headlights trading in SRS/FAZ. Currently, my year to date gains stand at about 12%, down from 25%.

My position is an awkward one, almost fully exposed to the long side, after a monster run up. Either, this market is as fake as silicon tits or we are in the beginning stages of a Godly bull market. I just can’t get myself to believe the latter, mainly due to the fact that silicon tits are everywhere.

However, I will admit, there have been significant fundamental improvements in the semiconductor space. Every report I read speaks of “inventory restocking.” Apparently, the economy is no longer falling off a cliff. Back in January and February, amidst the new great depression, business grinded to a halt. However, things are normalizing; and as a result, inventories need to be restocked.

Things are better now. Put a smiley face sticker on your car.

Who benefits?

Once again, I like the OSAT (outsource assembly and test subcontractors) space, mainly [[TQNT]], [[AMKR]], [[SPIL]] and [[TER]]. For the most part, I believe the share prices of [[TSM]] and [[UMC]] reflect an inventory rebuild. Therefore, I do not like them. Plus anyway, historically, they underperform the rest of the semis, when business is good.

Another names benefiting from a resurgence is [[RFMD]]. In short, their projected earnings have gone way up, thanks to the increase in cap utilization rates. Should the cap util rate get up to 85-90% (currently at 70%), I believe RFMD will double. The company is working on restructuring its debt and launching new products for the handset market. It’s definitely a name to keep an eye on.

Finally, I am waiting for an entry point into [[OVTI]]. Historically, the stock is cheap, trading less than 1x book. Also, their new iphone contract may ramp earnings, over the next few quarters.

In limited voted, it’s unanimous, The Market Raper must have his head separated from his shoulders. It’s rather odd that he was able to survive life for more than 100 years, as evidenced by his post, only to perish on day one on iBC.

cuervoslaugh (7)	5%
AI (4)	3%
sidshar (7)	5%
discoordinated (5)	3%
Green Writer (5)	3%
pikertrader (16)	10%
DPeezy (3)	2%
Breakfast Meat (12)	8%
boca (6)	4%
ZMoose12 (5)	3%
Veritas5 (0)	0%
ripetrade (4)	3%
crgmdy (6)	4%
j0sh1ngU (16)	10%
MARKET RAPER (40)	26%
JakeGint (17)	11%

Round two of Trials and Executions shall continue in the morning. Congratulations for those who made it.

WHO WILL DIE NEXT!?

Vote for the candidate who is least deserving of a blog on iBC. cuervoslaugh AI sidshar discoordinated Green Writer pikertrader DPeezy Breakfast Meat boca ZMoose12 Veritas5 ripetrade crgmdy j0sh1ngU MARKET RAPER JakeGint Current Results

Trials and Executions have begun. We have 15 candidates on the chopping block; I intend to kill one tonight.

If you care to buy an ad ($10, top header), pushing your case to the iBC reader, email me at flybroker-at-gmail.com.

Good Day.

I will permit applicants to advertise on iBC’s top banner, for $10 or until someone else replaces your ad. All ads will be guranteed at least one hour of exposure.

Minimum pay per month: $50

Maximum pay: depending on the amount of traffic you bring in.

Who should apply: people with a desire to help build a kickass brand, which is iBankCoin.com.

Who should not apply: people who have no understanding or grammar and lack the ability to make actionable market calls. Also, all applicants MUST be able to blog during market hours.

Potential upside: equity in iBankcoin and an outside chance of oneday speaking to “The Fly” in person.

Whoever is interested in applying should say so in the Peanut Gallery. Furthermore, if you are interested in buying an ad, email me: Flybroker-at-Gmail.com

NOTE: Sometime this week, the readers will begin executing applicants via democratic vote. Details will be forthcoming.