iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
22,162 Blog Posts

Not Giving In

All of you assholes can go fuck around with your puts. I’m not selling down here.

No-fucking-way.

My bet, retards step in hard at the bell, squeezing the shorts, lovely.

If you enjoy the content at iBankCoin, please follow us on Twitter

13 comments

  1. Juice

    Voila

    Presto

    Behold

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Crawford

    yep, yep.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. newequity

    hey, i jumped back in at 3:35 with some UWM and QLD.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Frosty

    FLY…they are tossing us turkeys…two bird thanksgiving with the QID short….sweat spuds indeed….side dishes in the warmer…let’s eat like pigs.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. The Fly

    Fly wins again, even when he seems to be losing badly.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Pudfucker

    There’s still 15 minutes to the bell, anything can happen.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. Bison Burger

    I like how my short positions are not getting any love in this whole recovery.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. ottnott

    This market needs some lithium. It is acting like a totally untrained puppy.

    Market pees on the floor.
    Market jumps up and licks your face.
    Market licks the floor.
    Market pees on your face.
    Repeat until distracted by fly on window pane.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. WildWestie

    Anybody buying NTRI at 21 and change? Here’s the response I got back from IR after asking them about mgmt buys and the buyback.
    ————————————————————
    To answer your question, yes, the share repurchase is active. We report repurchase activity once a quarter when we report quarterly results, however, we did provide an update when we filed the third quarter’s 10-Q on November 6th in which the company stated that it had repurchased 787,000 shares for approximately $24m. These repurchases were made subsequent to the re-opening of the repurchase window on October 29th through October 31st.

    Management has been and continues to be quite adamant about their desire to support the shares, and initiated a credit facility in the third quarter to expand the existing share repurchase plan. They are also significant stakeholders in the company and as such are keenly aware of the full impact of the short interest to the share price. In the end, execution on the strategy is what drives valuation and to that end, management is focused on launching the new food offering in late December as well as launching its entry into Canada in January. January also marks the start of the diet season and we expect to have an upgraded marketing strategy going into this peak season

    Finally, with regards to personal buying, while I understand your sentiment, insider buying/sales are a personal financial decision for each executive to make and the company does not comment on them. There will be, of course, public filings made at the time of any transaction.

    I hope this answers your questions.


    Kind regards,

    Sanjay M. Hurry

    Vice President, The Piacente Group (Investor Relations Counsel, NutriSystem)
    T: 212-481-2050 x608

    [email protected]

    thepiacentegroup.com

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. Juju bear

    “Money is always moving among the large asset classes – Equities, Commodities, Bonds and Real estate. So the question is if money is moving out of stocks, what is it moving into ?”

    Capital game–

    My bond trader friend says treasuries. He can’t sell any other shit to his institutional clients.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. Dinosaur Trader

    That was great. Let’s have some more tomorrow so we can position good and short for next week.

    Good rally though. They’re becoming obvious. The robots can’t hide.

    -DT

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. Capital Game

    “Capital game–

    My bond trader friend says treasuries. He can’t sell any other shit to his institutional clients.”
    Treasuries with their low yield and a declining Dollar ?

    So institutions are basically betting that the Dollar bottoms here. They are also betting that yields start rising. With yields so low and the Dollar declining, I have a hard time believing that institutions are picking bonds to outperform stocks going forward.

    The last time we had a bear market in 2000, Yields on the 10-Yr rose from 5.8 to 6.8% in 2 months prior to the market decline. This time around yields are falling.

    I would think yields need to rise to atleast 5.5% on the 10-yr before treasuries become an attractive alternative to equities. Then again this is just my way of thinking.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. Juju bear

    Cap Game–

    Yeah, I know, it’s retarded. People are panicking, from the small investor up to the big institution and are not thinking straight.

    They just want out of anything “risky” without understanding what they own.

    If people want to be bearish, fine. There are ways to make money in this environment.

    No doubt, the sub-prime “debacle” is serious, but too many people watch CNBC and get misinformation, or think they understand the mechanics of ABS from watching the financial shows.

    • 0
    • 0
    • 0 Deem this to be "Fake News"