I really do think going for the ‘Hail Mary’ put on [[GM]] is worthwhile. Apparently, they need to raise 10-15 billion dollars, in order to stay afloat.
No fucking way that happens, without pain.
On the GM death dance, I like short steel here. I like it so much, I am buying [[SMN]] here. That’s right, “The Fly” can’t lose.
Also, I hope you took my ‘fuck the industrials’ advice and bet against [[CAT]], [[TEX]] or [[FWLT]]. I still like them to go lower.
Finally, [[PZN]] will hit single digits. However, I cannot find stock to borrow. If you are lucky enough to get stock, then sell it short, go fuck yourself.
NOTE: I like short [[MXB]] here too.
If you enjoy the content at iBankCoin, please follow us on Twitter
I am short the CAT trade with you.
What the fuck is going on with KOL? I haven’t checked the market since open. My models say it should be somewhere around 55, not … (what the fuck?…) 53. Did some news just come out?
If its time for SMN, DUG can’t be far behind.
Also, short OEH. International hotels will die.
haileris: I got crushed in KOL today, got stopped out just below 54. European coal prices fell the most in 3 years.
With coal prices tanking, does this mean death to those that do the dry bulk shipping?
I imagine shipping rates will have to go down because of this, no?
Railroads ship all coal within the US.
Have a look at BNI UNP CSX
buying SMN after a one day 10% move?
the wrong data tomorrow and you will be deballed by SMN, yet again.
godspeed, space alien magician.
No balls, no babies.
Thanks juice, but my thinking behind wanting dryshipping as opposed to railroads, is those are a tad overplayed right at the current moment… great on a bounce though. It doesn’t look like the dry bulk shippers (EGLE,DSX,DRYS,TBSI) Have taken quite the same amount of hit just yet. Plus shipping has had outstanding growth in the past. When growth stocks lose their growth/momentum slows/fundimentals show reason for concern, especially when market is not in bull market mode, they usually get hit the hardest. Hence why IBD and CANSLIM only works in an up market.
Dry bulk index could have a long drop.
huh?
LEHMAN EMPLOYEES TO RECEIVE MIDYEAR BONUSES EQUAL TO 20% OF ANNUAL COMPENSATION: REPORT
Dryshipping has been hit harder than the rails. Dryshipping broke last year & had a failed rally 6 weeks ago. They both go lower.
what’s with all the hidden number text… some secret code to plug into some program to spit out stockpicks?
0.32559394836426
Null — that’s so they don’t bounce out, I guess. Although 20% bonuses is for shit if you’re in the big boy territory (IB & Sales&Trading).
Must be trying to keep the drones?
___
thanks for getting me in at $81
How does LEH have the money to pay anyone? Egregious.
Where’s Calvin?
What a sweet entry into PCBC (over $15) I missed today, via a lunch appointment… yipes.
Someday CRM will have a similar opportunity point. It’s coming… soon.
_
You said stay away from SMN what, a week ago?
No Cramer’s….
Ahem…
I
haveam buying (SMN: 32.99 +11.74%) here._
Fuck you, I changed my mind.
The Stock God has spoken.
Look you…energy stocks are next;
Meanwhile, I will have fun shorting coal companies via JRCC.
Top Pick: DUG
Darn it Jakey, I thought you were gonna do a limit order at 14.40, as of yesterday. When I saw the 15 today, I thought you were like a rabbit’s foot on a key chain.
aside.. I had postulated that Martay would destroy this bank just like he did Downey. Seems he is not intrested though.
Big Mike, you seem like a considered gentleman and I defer to your judgement on DUG, as well as coal and steel. Going to open up a little short feeler on the trio and see what happens tomorrow.
last aside.. calvino is still furious about the pump job the BOJ ran on the chf and eur. filthy douchebags.
just one more aside.. LVS may or may not go into receivership.. ditto mgm. if wynn thinks it’s like a teflon duck, step on it and see if it quacks.
I’m getting tired of being a bottom calling bulltard 🙁
Calvin, it was day order yesterday that didn’t hit. And I forgot about it today… how sweet it wouldve been to have caught it that high huh?