Tuesday, May 08, 2007
Closing Comments
Today was a terrific down day, losing only three measly points. In short, the asshole dip buyer is stronger than ever. And, he will punch your face off, should you decide to go short anything.
Personally, I am a tad bored with the market, despite my MVIS posting losses tomorrow.
Frankly, I have built up all this cash and have very little desire to invest it.
Don't get me wrong, there are plenty of stocks "The Fly" is bullish on. However, as of now, I'd rather eat large oatmeal cookies, while throwing cold coffee at my plasma television, which is currently airing CNBC.
After the close, my dice roll, called MCHX, posted decent numbers. Frankly, I could care less where the stock is trading or going.
Also, CSCO posted a good number. Look for that fucker to trade up, tomorrow.
Finally, whenever I get the inclination, I will buy LNN. Great story and good catalyst for the shares.
NOTE: The assholes from CHK just filed another shelf offering. There is no reason to ever own CHK.
Personally, I am a tad bored with the market, despite my MVIS posting losses tomorrow.
Frankly, I have built up all this cash and have very little desire to invest it.
Don't get me wrong, there are plenty of stocks "The Fly" is bullish on. However, as of now, I'd rather eat large oatmeal cookies, while throwing cold coffee at my plasma television, which is currently airing CNBC.
After the close, my dice roll, called MCHX, posted decent numbers. Frankly, I could care less where the stock is trading or going.
Also, CSCO posted a good number. Look for that fucker to trade up, tomorrow.
Finally, whenever I get the inclination, I will buy LNN. Great story and good catalyst for the shares.
NOTE: The assholes from CHK just filed another shelf offering. There is no reason to ever own CHK.
Comments:
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Sonofabitch CSCO just took it in the shorts even though profit climbed 34%, gross margins fell for the 5th straight quarter and mgmt is giving lower guidance for Q4. I thought I might get a repeat of CMG on this one, but nooooo, the dickweed analysts were disappointed.
Fly,
I hate to second-guess your awe-inspiring 155 IQ, but doesn't it make sense to liquidate at least some of your MVIS position? You have a better feel than any of us for what tomorrow's report will bring, and if you're confident that the shorts are going to win tomorrow's battle, then doesn't it make sense to bail-out for the day -- even if you plan on winning the war? Unless there's a chance that the long-term catalyst you've been looking for somehow comes into play tomorrow, wouldn't it be prudent to simply sit the day out? After all, money is money, and I hate to loose even a little (if it can be avoided).
Thanks!
I hate to second-guess your awe-inspiring 155 IQ, but doesn't it make sense to liquidate at least some of your MVIS position? You have a better feel than any of us for what tomorrow's report will bring, and if you're confident that the shorts are going to win tomorrow's battle, then doesn't it make sense to bail-out for the day -- even if you plan on winning the war? Unless there's a chance that the long-term catalyst you've been looking for somehow comes into play tomorrow, wouldn't it be prudent to simply sit the day out? After all, money is money, and I hate to loose even a little (if it can be avoided).
Thanks!
I believe at last tally that fly had upwards of 450K shares. If he sold even a 1/3rd of that tomorrow, it would crush the stock.
Jeremy, you're a clown. Do you think large holders with hundreds of thousands of shares can just waltz in and out to miss a jab here or there? Wow...
# posted by 
: 8:28 PM
: 8:28 PM
Dear Jeremy--
I like you. I truly think you are less fucktarded than most. However, if you ever mistake the word "loose" for "lose," I will personally fly down to whatever shithole you live in and destroy your garden.
MVIS is long term. No trade for me.
I like you. I truly think you are less fucktarded than most. However, if you ever mistake the word "loose" for "lose," I will personally fly down to whatever shithole you live in and destroy your garden.
MVIS is long term. No trade for me.
Jeremy -- I just want to add something here. Do you honestly think that Broker can just dump 1M + shares onto the open market on a stock that trades about 500k per day and it not take the shit down to $2? Now what do you think happens when 10k share blocks get sold? Imagine dumping all that on the bid. Good fucking luck.
# posted by : 10:24 PM
: 10:24 PM
Unfortunately, that hastily drafted message didn't come out as I had intended -- believe it or not, messages lacking in clarity have been known to inexplicably propagate across the Internets. Although the statement, "liquidate at least some of your MVIS position" could be interppreted to reference Broker's position (my bad), the phrase, "I hate to lose even a little [money]" should have (at a minimum) raised doubts as for which investor-type the question was intended.
But like I said, the ambiguity was a result of nothing more than my carelessness -- for which I apologize profusely. Not really. [NOTE: Despite the grammatical flawlessness of my widely-acclaimed, Fly-approved articles, I can no longer guarantee the integrity of my day-to-day postings.]
Furthermore, I'm well-aware of the fact that *BROKER* has an ass-load of shares -- and I'm also well aware of what would happen to the stock if he were to dump even 1/10th of his position all at once. (To suggest that I wouldn't know something as elementary as that, despite my carelessness, seems very disingenuous -- especially since it was graciously "added" TWICE after Woodshedder brought it up.) In other words, the trifling (and most likely dishonest) mdawsz criticism was shallow at best and pathetic at the least. Nevertheless, I salute your noble efforts to climb up the "Fly on WallStreet" social ladder.
But like I said, the ambiguity was a result of nothing more than my carelessness -- for which I apologize profusely. Not really. [NOTE: Despite the grammatical flawlessness of my widely-acclaimed, Fly-approved articles, I can no longer guarantee the integrity of my day-to-day postings.]
Furthermore, I'm well-aware of the fact that *BROKER* has an ass-load of shares -- and I'm also well aware of what would happen to the stock if he were to dump even 1/10th of his position all at once. (To suggest that I wouldn't know something as elementary as that, despite my carelessness, seems very disingenuous -- especially since it was graciously "added" TWICE after Woodshedder brought it up.) In other words, the trifling (and most likely dishonest) mdawsz criticism was shallow at best and pathetic at the least. Nevertheless, I salute your noble efforts to climb up the "Fly on WallStreet" social ladder.
Jeremy--
You have a great skill for writing. Whenever you want a weekend blogging slave job, feel free to email me and I'll hire you on the spot.
Should you sell MVIS prior to earnings?
Short answer: No.
Will it go down after earnings?
Short answer: unsure.
You have a great skill for writing. Whenever you want a weekend blogging slave job, feel free to email me and I'll hire you on the spot.
Should you sell MVIS prior to earnings?
Short answer: No.
Will it go down after earnings?
Short answer: unsure.
A couple days ago cigars wrote;
"just for shits and giggles imagine they sell 40M stinkin projectors out of 800M "feature rich" cell phones. and they get $50 each. at even a sissy-boy P/S and even if there is 60M shares out by then thatll put MVIS at $166, dont like that? make it 20M phones at $25--and its still a ten-bagger. "
COME ON DUDE...that's ridiculous. Not to say that MVIS won't trade higher...but a $4 stock to $166 by in the next 3 years....does anyone know of another company that has made this kind of "historial" impression before?
"just for shits and giggles imagine they sell 40M stinkin projectors out of 800M "feature rich" cell phones. and they get $50 each. at even a sissy-boy P/S and even if there is 60M shares out by then thatll put MVIS at $166, dont like that? make it 20M phones at $25--and its still a ten-bagger. "
COME ON DUDE...that's ridiculous. Not to say that MVIS won't trade higher...but a $4 stock to $166 by in the next 3 years....does anyone know of another company that has made this kind of "historial" impression before?
Yoka:
Plenty of stocks have done that.
Check HANS, VLO, TSO.
There are hundreds of such examples.
Just two years ago, GROW was $2 (pre split).
Plenty of stocks have done that.
Check HANS, VLO, TSO.
There are hundreds of such examples.
Just two years ago, GROW was $2 (pre split).
Broker,
Thanks for the invitation. Despite all of the ingrates around here, I'm thinking about staging a heroic return.
Thanks for the clarification of your stance on MVIS. You see, I took your previous statements to suggest that you were very pessimistic going into earnings. Now that you've expressed uncertainty (as opposed to outright despair), I finally understand why you've been encouraging us small dicks to "hold" rather than sell.
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Thanks for the invitation. Despite all of the ingrates around here, I'm thinking about staging a heroic return.
Thanks for the clarification of your stance on MVIS. You see, I took your previous statements to suggest that you were very pessimistic going into earnings. Now that you've expressed uncertainty (as opposed to outright despair), I finally understand why you've been encouraging us small dicks to "hold" rather than sell.
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