A Glorious Day
I offer no advice, merely rants of my market “Godliness.”
Just know this, I share very little with the internet kind. Most of my trading is done in the darkest corners on Wall Street and the size of my transactions are often minimized, for secrecy purposes.
I will tell you this, listen very carefully:
“The Fly” is back in the most egregious way possible, via absurd gains. Today represents the single best trading day of the year, for Senor Tropicana aka “The Fly.”
During the session, I sold out of my longs and reversed to heavily short, with exact precision. So sorry.
Today’s gains stand at a staggering, but not surprising, 8%+.
Read it and weep, “clown fucker.”
Off to eat a piece of rare beef.
UPDATE: I am listening to the [[HANS]] conference call. Let me just say, it is, by far, the worst call in company history.
Stay away.
classic smack down wednesday before options expiration - next week we will be up at least 500+ from here.
May 7th, 2008 at 3:59 pmCongrats with that SKF, that was one hell of a call.
May 7th, 2008 at 4:00 pmNice time machine. Can I get into your fund. I now Ghost own 1,000 shares of Fly’s Fund.
May 7th, 2008 at 4:02 pmWelcome back to the Temple, my wayward son.
The Prodigal has Returned!
Slay the Fatted Calf!
His colon be damned!
.
May 7th, 2008 at 4:04 pmOpex is a week from Friday; May 16.
May 7th, 2008 at 4:09 pmCROX back “in style”!!?
HANS…not so much.
May 7th, 2008 at 4:10 pmi think he meant “wednesday before options expiration week”
May 7th, 2008 at 4:10 pmOH DEAR GOD! Glad I pulled my HANS buy thanks to the market maker of that stock, Fly.
Fly when can I get the all clear?
May 7th, 2008 at 4:19 pmHANS is probably a buy right here.
It always rebounds the next day.
May 7th, 2008 at 4:20 pmLOL had just bought in AH, 30.51. Hoping to get more under 30.
May 7th, 2008 at 4:23 pmwell done Señor Tropicana
Now try and spell your nikname[sic] correctly with appropriate lingual inflectionados.
Muchas gracias,
May 7th, 2008 at 4:25 pmGestión
Buying HANS, HANdS over FISTS!
KO will pay 50 smackers for them.
May 7th, 2008 at 4:27 pmMade an entry buy at 30 on HANS. I have 3 more buys should it continue lower. Fly are you going to buy anymore in the future? Sorry for the questions on it but I know your the master of its domain.
May 7th, 2008 at 4:29 pmTropicana just filed for bankruptcy. Hope that’s not an omen.
May 7th, 2008 at 4:30 pmJake’s got a piece of “rare meat” for you, and I bet it is 2.5 inches…just the way you like it.
May 7th, 2008 at 4:31 pmHomo.
Gap:
I am not buying yet. The margins are lower, as expected, due to production costs.
I want to hear the conference call first.
Just know, HANS may have a problem passing along cost.
May 7th, 2008 at 4:35 pmSounds like the young Woodchopper’s been caught feasting at the Temple of DenKnealeus again.
You know what I always say, children…. “Pity the heretic, do not shun him.”
Yes, even those with inappropriate sexual urges.
.
May 7th, 2008 at 4:37 pmConference calls are for pussies.
btw, the CC on HANS is priced in at approximately 30.11
May 7th, 2008 at 4:38 pmThanks Fly I will hold any and all further buys until commanded by you.
May 7th, 2008 at 4:38 pmUmmm, ’shed…I’m not sure I want to know about Jake’s raw 2.5 inches and whether or not he offers it to The Fly.
YSAF.
May 7th, 2008 at 4:41 pmWe bounced right off the spy support. Hopefully we can gap under that support 1390 tomorrow morning.
Looks like HANS is headed to $26. The Fly said avoid it a while back. Only thing that changed was this bear shit rally where everything shitty went up.
Some WSJ:
Soros: Market Will Retest Its Lows
Stocks are currently in a “a bear market rally,†and will probably retest their lows of earlier this year, George Soros says.
May 7th, 2008 at 4:44 pmwell, you did tell us earlier that the rally was overbought, or however you said it. Thank you SKF, glad I bought back in around 93
May 7th, 2008 at 4:52 pmSorry, I was temporarily overwhelmed with excitement by today’s winning trades…
DP- what is YSAF?
May 7th, 2008 at 4:53 pmDT: Where can I get one of those counters, like the one on your site, that shows how much I am paying for worthless fucks welfare each day? Free cable TV, shit like that, XM Radio in prison and shit.
May 7th, 2008 at 4:53 pmMy stellar, if I do says so myself, interview of Big Jimbo Rogers. And he ain’t got no 2 1/2, like the aformentioned above.
http://www.cnbc.com/id/15840232?video=731336477&play=1
May 7th, 2008 at 5:02 pmY - You’re
May 7th, 2008 at 5:03 pmS - such
A - a
F - “cigarette” (for ducati & his noble British roots).
congrats, and interesting post.
May 7th, 2008 at 5:05 pmlol fag!
(not you)
May 7th, 2008 at 5:05 pmFly you are amazing…
http://www.youtube.com/watch?v=WLR4iZJLgc4
May 7th, 2008 at 5:06 pmDPeezy…you are getting kinda edgy, and mean.
I like it!
May 7th, 2008 at 5:23 pmHANS is reacting decently now.
May 7th, 2008 at 5:40 pmMister Ed, what the fuck? Are you trying for a new kind of freaking Rick-roll or something with this Mr. Ed clip?
Give it a rest!
_____________________
Oh yeah, and Wood and Peezy, please continue to blow each other, with muy gusto.
May 7th, 2008 at 5:51 pmAlias: BPOE
FLY: Great tip on china stocks!!!
I sold all my China stocks just in time.
May 7th, 2008 at 5:59 pmLook people,
Play the oil bubble through Natural Gas without getting your legs blown out.
I wouldn’t entirely load up your books on shorts yet; the March lows trend still intact; Woodshedder will probably confirm this as well.
May 7th, 2008 at 6:06 pmIn the category of desperate men do desperate things, we just announced plans to stick it to our loyal shareholders to the tune of 25% dilution. It’s a couple of dollars off the 6 year low, so why not?
Nothing like paying myself a handsome salary, giving myself a generous annual bonus, and cashing out tens of millions of dollars of stock at much higher prices than the company is now going to sell them.
You may hate me, but you love my hair. Admit it.
May 7th, 2008 at 6:18 pmFly:
Thanks for the HANS call. It was very tempting to me after I missed it in the $31-$33 range.
May 7th, 2008 at 6:29 pmAccording to my idol, Lawrence Kudlow, the market got spanked today because it’s worried about a democratic 3 house sweep this fall.
May 7th, 2008 at 7:04 pmStill nibbling at SRS. Some of the holdings have absurd growth-like P/E.
GGP: 106 PE
BXP: 106 PE
PSA: 79 PE
Pricey:
SPG: 50PE
BXP: 39
KIM: 31
Compared to:
May 7th, 2008 at 7:12 pmAVB: 22
PLD: 17
VNO: 28
HANS - Fuck you.
No Vaseline
May 7th, 2008 at 8:33 pmJake, don’t worry, many men suffer, as you do. I’m sure there are sympathizers out there…
May 7th, 2008 at 8:35 pmMy personal opinion is that the street is going to start pricing in the risk of an Obama win after last night. It would be utter devastation in the market place. I think today could be the start of it on top of other things.
May 7th, 2008 at 9:02 pmFLY, nice call on loading up on the SKF and catching today’s run. I hope you took profit on it today.
The “FLY talking shit indicator” has assured us of a 200 point up open tomorrow on some bullshit rumor out of Europe.
May 7th, 2008 at 9:28 pmLong SRS, SMN & REW.
May 7th, 2008 at 9:34 pmInteresting, gapping. If that is the case then the oil stocks should get the beat down as well since he’s gunning for them.
May 7th, 2008 at 9:51 pmso far, Asia is not following the re-melt down script - guess I’ll just watch basketball tonight
May 7th, 2008 at 10:52 pmAight, looks like the fly is back on track. Musta had da flu or sumpin. You have Hanna’s blessing.
BTW, coinstar will be a monster short. Those vidjo machines are coming back from walmart. Dildo’s are talking it up on CNBC, go short hard.
Welcome back,ya jagoff.
just saying.
May 8th, 2008 at 12:24 am