Fly on WallStreet

eommmm

I know, any day now the market is going to crash. As we all know, the housing market is in the freezer and the country is going down the shitter.

I can sit here all day, bellowing over how fucked up everything is and why everyone is wrong-- going long U.S. equities. But, that wouldn't make me much money, would it?

My point: It is never a good idea betting against prosperity or being stubborn with investment philosophies.

Frankly, I may think stocks are a little pricey, but I will never get in front of a speeding bull train. That's fucktarded.

If market sentiment reverses and stocks start heading lower, I'll start hedging. Until that happens, I'll stay long and enjoy the ride, while it lasts.

As for today's trading:

Oil was the big star today, as the asshats who trade the commodity decided today was a good day to go up. Seriously, I have no interest in adding to existing oil positions. I have enough. Plus, I have better things to do, than to invest along side a bunch of asshats.

I had a terrific week, +2.6%-- giving me a year to date return of 7.9% already. I know, you are jealous because your dicktarded account is eating dirt. The Fly sends his regards-- but does not feel sorry for you (notice the third person format). If you are losing money now, that means you are a bad stock picker or worse-- a short seller. The Fly has no patience for such vermin.

Finally, today I witnessed many small cap stocks gapping higher, such as SFE, ARTG, BWEB, INPH, ANTP, FTGX and BHIP. Typically, when the shit floats to the top-- it is time to get out of the water. However, so far, I do not think there has been excessive run ups.

Have a great weekend.

The bulls are fearless.

I am sorry for all the MVIS posts. I can't fucking help myself-- the news won't stop. Once the damn news stops, so will I. Promise.

Charlie Burger from the Gilder Report has a positive article on MVIS today. Being that Gilder lost me an absurd amount of coin during the dot com bubble, I no longer subscribe to his fucktarded newsletter. However, I do have some of the teaser text. If anyone has the full article, post it in the comments section.

Finally, Microvision becomes as focused as its photons

The key goal of the new team is development of an integrated photonics module (IPM) or microprojector to be used as a common display engine in its new products. Small enough to integrate into a cellphone or iPod, the microprojector will include the silicon micromirror (about a square millimeter in size) and light sources, electronics to wiggle the mirror and modulate the light, a controller, and memory.

Three separate beams of red, blue, and green light from either LEDs (light emitting diodes) or semiconductor lasers shine on the mirror. Gimballing on two axes, it flickers to project 30 million pixels a second onto a surface such as a wall. Even though the mirror reflects one pixel at time in raster fashion, it does it so quickly that our brains “see” a static image or continuous movie. To produce different colors during the scan, the light sources are modulated to emit beams at varying combinations of intensities.

In addition to functioning as a projector, Microvision’s display technology can be turned into a scanner or near-field camera that works well over distances that are about the same as those for a barcode reader. In this case, the light sources that bounce off the moving mirror are used to illuminate an object. A detector receives the scattered light energy and converts it to electrical signals stored in the appropriate memory locations based on the corresponding pixel position, thereby reproducing the object. Because the time the beam remains on any given spot is a very short 20 nanoseconds, there’s virtually no motion blur.

Tokman is focusing on three specific product areas: (1) miniprojectors, including embedded projectors inside cellphones and standalone models that will work with portable devices; (2) head-up displays (HUDs), now making their way into luxury cars, that shine an image directly in front of the driver, just above the steering wheel, displaying information about the engine, weather, navigation, and traffic; (3) eyewear that creates immersive experiences for gamers and movie buffs, giving them a virtual screen equivalent to an 80- to 100-inch display.

Management is focusing on potent markets. By 2008, some 80–90 percent of all cellphones—some 800 million shipped that year—are expected to have mega-pixel cameras and/or be capable of receiving broadband video. Nokia (NOK) is already looking at technologies to integrate projectors into mobile devices, and several large consumer electronics companies are reportedly developing microprojectors based on very small display technologies. And head-up displays are becoming popular in cars for safety, for convenience, and as a differentiator for luxury models. Automakers installed several hundred thousand units last year and could increase that to 4 million units a year by 2010.

But when the consumers and manufacturers arrive, will Tokman be there to meet them? …

I bought 2,000 GLBC @ $25.95.

Disclaimer: If you buy GLBC because of this post, CNBC's ratings will go through the roof-- effectively ruining your dire predictions for Bob Pasani and the rest of the asshats. And, you may lose money.

I swear, investing in oil related stocks has to take years off ones lifespan. Yesterday, the sector looked like the dot com bust of 2000, today they look great. It's too much. Instead of being an asshat oil investor, I will focus on what has been working consistantly for more than a year: Tech.

Because of the increasing demand for bandwidth and video related services on the web, the Networkers will remain my favorite sector-- for the foreseeable future.

The only thing that can change my mind, is a potential price war between AKAM and LVLT.

Today, I am impressed with moves in DVW, LVLT, HLIT, SONS, AGR, NT, RVBD, NETL, and ANTP. However, long term, my favorite stocks are GLBC, EQIX, NETL and TLAB.

Aside from the Networkers, the market is mixed today-- with the assholes at AMD leading the losers.

Frankly, I do not understand why anyone owns AMD-- while a price war is ensuing with INTC. However, after today's decline, I wonder if AMD is near a bottom.

Finally, I am thinking STMP may be due for a bit of a run. They always perform well near Valentines day, and the stock has been beaten up.

The following Networkers have mojo:

ANTP +35%
VOCL +8.1%
TKO +6.4%
DVW +5.5%
RVBD +5.1%
LVLT +4.3%

Value Blog Review on the Fly.

NOTE: Since I am sort of self-touting myself, you might as well read Howard's and AlphaTrends review too. I swear if my fucking stocks go down today, I will blame it on Value, Howard and Alpha.

Funny stuff and much appreciated.

Cool demonstration and interview, by Gearlive.

UPDATE: Here is the interview of Alex Tokman, CEO of Microvision, on World Business Review.

Boy, I am one MVIS shilling fucker. I should get paid for all the promotion I give MVIS. You hear that fuckers? The stock better go up.

Today was a great day for everyone, except asshat oil investors and suicidal short sellers. Some of my positions, like CORS, GLBC, DNA, BWLD and GILD did exceptionally well, while other holdings like MVIS,RIMM and SNDK sucked wind.

With regards to SNDK, I fucking hate that stock and if I didn't have a cost basis of $25, I'd sell it 1,000 ways till Sunday.

As for today's trading:

Nearly every sector was on fire, with outsized gains in Homebuilders, Airliners and Internet stocks. The Semi's lagged a bit, but still remain in a healthy upward pattern. The Networkers had an incredible day with "fuck you, get out the way" moves in DVW, HLIT, LVLT, GLBC, AGR, LNOP, EQIX, CCBL and RVBD.

Finally, I feel strongly the market will continue to slash away at the sellers, who now resemble the dumb blonde in your favorite horror flick-- who eventually gets her pretty head cut the fuck off.

NOTE: For those who are interesting in reading some research on SORL, click here.

Every fucking time I think oil is ready to rip, the hammer comes down on my head. Then I remind myself, oil stocks are for asshats-- so I shouldn't be surpised when I get my head axed, should I?

Today, I nibbled at an existing position, GMXR. And, right away, I am down a quick .60 cents. No big deal, I'll wait to buy more lower. However, with the price of crude knifing lower, every-fucking-day, I am starting to think it is utterly fucktarded to buy into the sector, while everything else is going through the roof.

I suspect many investors feel the same.

Bottom line: The oil trade is definitely a contrarian play now. If you are into such asshattery, then oil is for you. If not, stick with tech.

I bought 2,000 GLBC @ $ 25.69.

Disclaimer: If you buy GLBC because of this post, your favorite analyst will downgrade your biggest holding--effectively destroying your summer vacation plans. And, you may lose money.

I bought 5,000 SORL @ $8.90.

Disclaimer: If you buy SORL because of this post, your wife will demand major upgrades to the house. And, you may lose money.

I bought 5,000 GMXR @ $34.80.

Disclaimer: If you buy GMXR because of this post, the next time you visit McDonald's for lunch, your french fries will be soggy and may kill you. And, you may lose money.

I sold 15,000 HANS @ $37.70.

I must admit, I have been secretly watching CNBC's "Fast Money." And, I actually enjoy it-- a little. However, the bald guy grates my soul-- with his deliberate arrogance. Nonetheless, I think Dylan Ratigan may have a hit. Who, by the way, is a very nervous man. I mean, really, Ratigan looks like he just finished chugging down a gallon of coffee-- followed by a pack of cigarettes-- followed by a few hits of his GE crack pipe.

By the way, the "Admiral" bet Cramer 50k that oil/gold will outperform the financials in 07'. The Admiral is a fucking riverboat gambler--which is great. But, Cramer is going to pimp him on this bet.

As for today's trading:

This is starting to feel like fucking groundhog day (the movie), where the same crap happens over and over again. Why won't the fucktards just surrender to the bulls and cover their shorts?

Many people I know are still short U.S. equities. I just don't get it.

Today, I really like the action in DNA (position of mine). Finally, I feel DNA can get back on its horse and climb to $100. Time will tell.

Also, I really like the action in the Semi's. There, I like RMBS, NVEC, SIGM, WFR and HITT.

Aside from the Semi's, the Software sector is on fire today-- with outsized gains in MWY, WIT, ATVI, SAY and CRM.

Check out this video interview of Microvision, by PC World.

Confirmation of iPod compatibility.

UPDATE: Apparently, the NY Times has taken notice too. It truly is amazing how much press this little company is receiving.

Sorry,too busy for closing comments.

In case you didn't notice,the bears are in trouble.

Via Yahoo Tech:

Yes, the world is getting carried away by portable video on your iPod, PMP, and cell phone, but most people can't stand the small screens. Here at CES, I saw the PicoP, one of the coolest and potentially hugest new technologies I've seen in a while. The PicoP is a mint-sized, laser-based display module designed for cell phones that lets you project the videos stored or streamed on your cell phone onto the wall. It's also great for projecting still images onto a wall, a handy use in our camera-phone-filled world.

Alas, it's only a prototype, but Microvision, the light-scanning technology company, is working on getting this tiny module into cell phones, though there's no specific date or confirmed takers yet. The company is displaying the technology here at CES with a modified smart phone that projects Windows Media videos onto a screen. This promises to do for impromptu dorm-room "happenings" (or plain old slide shows) what portable iPod speakers did for on-the-fly hotel-room dance parties.

Both stocks are very inexpensive, compared to industry peers. Plus, they are on fucking fire. With any good news, I suspect both will greatly outperform the market-- near term.

I bought 1,000 BWLD @ $54.77.

Disclaimer: If you buy BWLD because of this post, the earth may explode. And, you may lose money.

Short squeeze imminent in HANS.

By the way, if you thought the above pic is cool, take a look at this.

Long live the Monster.

I bought 5,000 MVISW @ $1.80.

Disclaimer: If you buy MVISW because of this post, wild lions may eat your dog. And, you may lose money.

I know, it would have been nice to sell @ $4 and buy back here @ $3.55. But, with that type of thinking, one risks missing out on big moves. So, if you are the type that gets jumpy and wants to sell on the first sign of weakness, I suggest going to the movies or watching one at home here.

Bottom line: If you have taken my advice on MVIS, since $1.90, don't sell yet. The stock still has upside.

As I sit here watching Mr. Market repeatedly punch me in the nose, one thing comes to mind: Maybe I should drink Monster Khaos, instead of Monster Soda today. I mean, it is morning. Who drinks soda in the morning anyway?

Aside from my beverage dilemma, I am starting to hate the market. Obviously, the bears are giving it the ole' college try to bring the exchange to its knees. Fucking patriots.

However, I'd warn them about getting overzealous-- as Mr. Asshole Dip Buyer is sure to take notice.

Today, all sectors, excluding the Airliners and Homebuilders are in the red. However, my favorite sector (the Networkers) is definitely showing signs of life-- as EXFO, ANTP, FNSR, TERN and EQIX are all green.

Bottom line: I know I am supposed to be "cautious" here and try to protect my downside. But, my gut is telling me: My brain is fucktardingly wrong and to buy more. So, as we speak I am throwing empty snapple bottles at my servant/trader, in order let him know to fucking buy the dips.

NOTE: Little bullshit stock BVSN (anyone remember that name?) has been gapping higher. And, my people tell me: "not to worry about MVIS."

Good news for illegal immigrants/Western Union (WU) shareholders.

Via Briefing:

08:38

WU Western Union says Arizona court rules in "favor" of WU on money transfers (22.25 )

Co says that an Arizona court has ruled that the state of Arizona does not have the authority to seize money transfers originated outside the state and intended for payment in Mexico. In addition, co says the court prohibited the state from attempting to seize future money transfers not sent from or intended for payment in the state. The Arizona Attorney General had attempted to seize money transfers originating in 26 U.S. states for payment in Mexico.

As everyone is focused on oil, AAPL, RIMM and everything in between, the bulls and bears are fighting it out for market dominance. The bears are putting up a fairly valiant effort. But, I am afraid (for them) this battle will end up like all the others: Swift axe to the head.

As for today's trading:

All eyes were on AAPL-- as they announced their iPhone and iTV plans. Being a shareholder, I am thoroughly enthused. Moreover, as an American, I am proud.

Finally, we have an American company that is demonstrating market superiority in electronics. When was the last time that happened? When the fucking t.v. was invented, or the blender?
I wonder how the fuckers from Asia feel about AAPL eating their lunch.

Because of AAPL, everyone sold RIMM, MOT and PALM. I think it is wrong to sell RIMM, but correct to sell PALM and MOT. Reason being: AAPL will not touch RIMM's enterprise business.

Bottom line: RIMM is a buy and Hugo Chavez is an asshat.

Finally, the core sectors of the market did very well today. The Semi's, Retail and Financials were all green. Also, select Internet stocks shot up, such as BVSN, SNCR, WSSI, WBMD and GMKT.

NOTE: BRCM broke out.

Hugo Chavez is a fucktarded, dickless asshat.

I bought 5000 BWLD @ $55.29

Disclaimer: If you buy BWLD because of this post, your Rolls Royce may go on the fritz. And, you may lose money.

I sold 5,000 CHU @ $13.85

Fucking blogger has been down for how many hours now? As a result, I have been unable to make fun of Cramer on this fucking blog. Afterall, HANS is exploding to the upside and poleaxing every short in sight.

Here's my analogy: Cramer picks up a large can of Monster Energy Soda and shakes it with all of his might, then opens it. That's what just happened to his HANS- going-down-call. It's all over his face. And blogger goes offline, without warning.

Un-fucking-acceptable.

Perhaps, I will secure my own domain-- in order to skip the whole blogger thing.

More on this later.

Anyway, HANS is up a 2 spot on heavy volume. The shorts are covering and I am minting money. I feel $40 is in reach-- sometime soon.

I hope some of you fuckers are coming along for the ride.

NOTE: BWLD looks great.

# posted by Broker A @ 1:23 PM 7 comments