This should get the stock going.
NOTE: Told you so.
Comments »Those who confuse the word “loose” for “lose,” are entirely gay and fucktarded.
Comments »[youtube:http://www.youtube.com/watch?v=mmkpcxpe_qU&feature=PlayList&p=8AF18B710B3DB739&index=7 450 300]
Comments »Gaming VMI was easy. It was like taking clean away from a homeless man.
Typically, small fish (you) get scared when their stocks drop off the face of earth. Luckily, “The Fly” is not a piker and does not get scared out of positions, like a little bitch.
When VMI was tanking, the first thing I did was monitor its competitors, specifically LNN. The key tell, for me, was seeing LNN hold its butter, in the face of market “homo-hammering.” Additionally, DE, MOS, POT and other ag plays kept their gains.
From that, I deduced, the decline was not based upon fundamentals, but supply/demand. Meaning: some stupid hedge fund was blowing out, at any price, in order to raise cash.
In other words, an optimal buying opportunity.
After seeing the future, “The Fly” knew he had to buy as much VMI, “before it was too late.” As you know, VMI is now “The Fly’s” largest position—and it’s on fucking fire.
In other words, “Fly wins again.”
Aside from that, the market is positioned to eclipse 14,000, by year end, regardless of what Woodshedder says.
Call me a stupid bull. Fuck you, I’m banking coin.
With my money, I want to own CN, RS and ACF—for a trade.
Comments »[youtube:http://www.youtube.com/watch?v=DtjMjfXKREE 450 300]
Comments »All of a sudden, good news is flooding the sector, despite poor fundamentals.
Today, MBI is cutting the heads off of short sellers, on a funding agreement.
via Briefing.com:
Co announces it has entered into a definitive agreement with Warburg Pincus, which will commit to invest up to $1 bln in MBI through a direct purchase of MBI common stock and a backstop for a shareholder rights offering. The co said the investment will, among other things, increase MBIA’s already substantial capital and claims-paying resources and enable MBIA to grow its business profitably at a time when market conditions present it with attractive opportunities. Under the agreement, Warburg Pincus will make an initial investment of $500 mln in MBI through the acquisition of 16.1 mln shares of MBIA common stock at a price of $31.00/share.
As a result of this financing, SCA, ABK, MTG, PMI, RDN, CFC, NFI, ETFC, WM and a variety of homebuilders are shooting higher.
Again, my favorite, for a trade, is ACF.
Unlike houses, the bastards from ACF can send a fleet of tow trucks out to “collect” collateral.
Comments »I bought 2,000 CN @ $61.90.
Disclaimer: If you buy CN because of this post, you neighbors will accuse you of being a communist. And, you may lose money.
Comments »I can feel the melt up coming. Not only do we have all the right sectors working this morning; but we have deals too.
Fuck this.
If you are stupid enough to hold shorts; you deserve coal bricks for Christmas. Trust “The Fly,” he’s much smarter than you.
As usual, solar related names are on rocket fuel to he moon, with gains in SOLF, JASO, LDK, CSIQ, CSUN and ESLR.
Also, the agriculture sector is gapping higher, which happens to be iBankCoin’s sector spotlight (see front page charts), led by MOS, MON, VMI, ARTW, POT and TNH.
Finally, I can’t ignore the recent price action in MVIS. Clearly, the stock has upward momentum, going into CES. Again, my sources tell me the company will impress at CES, leading to greater demand for its shares.
Many of you email or leave comments for “The Fly,” regarding your bullshit/pedestrian MVIS positions. Don’t do that. “The Fly” is too busy with worldly affairs & stuff, than to take time out of his day to help a few monkeys find bananas.
With my money, I will add to my MVIS, VMI, ACF, GLF and RS positions.
Comments »Now the bears are really screwed. For awhile, they were free to roam around, selling short without worrying about premium takeovers.
However, all of a sudden, the “wheel barrow” dollar is encouraging foreign companies to take down U.S. assets.
As you know, recently, ATVI, CBH and GLYT have been bought out by foreign companies, much to the bears chagrin. Now, this morning, three more premium deals were announced. Plus, don’t forget the C deal.
ARXT is being bought out by Reckitt Benckiser. MOGN is being acquired by Eisai. And, PLTE is being swallowed whole by Evraz.
Look, most of you have the brain power of a small donkey. Therefore, explaining the intricacies of these deals is somewhat meaningless.
Just know, as of now, there is a bid underneath the market.
Great time to go “open field” on the bears—and light their heads aflame.
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