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
23,477 Blog Posts

Fly Short: LFC

I sold short 5,000 LFC @ $45.22.

Disclaimer: If you sell short LFC because of this post, you will believe Cramer’s advice at face value. And, you may lose money.

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41 comments

  1. Lady Guenevere

    Mr Fly

    Cramer just now recommended buying up China. He said they were the only ones who had ‘ real money’ and would have ‘ some growth’ yada yada yada….everything else- compared to Europe, Russia and the US. I know everyone hates this man, I was just wondering tho if there is any logic in the fact that China seems more stable than a lot of countries.

    I have one China stock CGYV that I have had for a while.

    What say you?

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  2. New Poster

    Fly…ban Lady G, I beg you. She is as whiny and obnoxious as a first wife.

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  3. Lady Guenevere

    Excuse me New Poster…or whoever you are, I am not whiny about anything and I am certainly NOT obnoxious compare to a zillion other people on this site who are truly obnoxious, rude, vulgar and most of all STUPID. Did I mention a lot of them a whiny?

    GET A LIFE….

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  4. crude_oil

    LONG ATVI at $8.88

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  5. the Bull

    I think going into 09 anyone that quotes Cramer should be banned!

    A New Year’s resolution if you will.

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  6. The Fly

    THANKS FOR THE RIDE LADY.

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  7. The Fly

    Someone should bid for TSCM, on the condition that Cramer be fired from the site.

    If you all donate 1 million each, I will do it, for the love of free internets.

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  8. Dogwood

    China’s economy is based upon exports of consumer goods, mostly to the U.S. Their economy is going down hard.

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  9. Malaka

    HMMM China stable ? Naaaaaa

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  10. TraderCaddy

    That’s one for the Lady.

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  11. Donny

    Crude = Shit Hole

    Stock Market = Shit Hole

    FAZ = $ in Donny’s portfolio

    DUG = Fortune Cookie $60+

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  12. Ciccarelli

    People who use yada yada should be banned from the internets.

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  13. The Fly

    China is in a world of hurt.

    Let the revolution commence.

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  14. The Fly

    FUCK CHINA.

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  15. The Fly

    ^insightful comment.

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  16. scum bucket

    Fly, Should I sell my heirloom family oil trust? What is going to happen to me if I don’t? Thanx.

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  17. Dogwood

    Imagine 10s of millions of uneducated farmers moving to the cities on promises of factory jobs. Now imagine those farmers stranded in large cities with no family support, no jobs, and no money to get home.

    Cue the riots in 3, 2, 1.

    Seriously Lady G, China is toast.

    Wait a year or two, then place small bets on a recovery.

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  18. Chairman Mao

    Back to the Cultural Revolution. Down with capitalism.

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  19. The Fly

    Scum:

    Someone will hit you with a shovel.

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  20. The Fly

    Holy shit, I’m dancing to that stupid Mens Warehouse music.

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  21. Goldie

    What?? No FXP?? FXP is like that crazy girl you know you should’t be boning but the sex is too good. Come on fly, you know you want it…

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  22. TraderCaddy

    Unfortunately, I would rather own an heirloom tomato farm today than an heirloom oil trust.

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  23. Darius

    Fly…Whats with you and china?

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  24. The Chart Addict

    FXP has a STD

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  25. scum bucket

    What about my horses, should I sell my horses too?

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  26. Dogwood

    Scum,

    Hold onto the horses, you may need to eat them next year.

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  27. scum bucket

    Lady G. Visits grand pa pa

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  28. TraderCaddy

    I wouldn’t. You could always eat the horses (like in France) in the event of food riots.

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  29. The Fly

    http://www.youtube.com/watch?v=y6Pl4IK6Nkk&feature=channel

    See 5:35 for Lady G’s interaction with some lowly hitchhiker..

    THANKS FOR THE RIDE LADY.

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  30. Dogwood

    True story, my grandfather used to maintain the refrigeration units for a horse slaughter house. They look just like slabs of beef hanging on the hook.

    Meat was shipped to France.

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  31. The Fly

    China is the ‘backbone’ of global growth, a well known mirage.

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  32. scum bucket

    I’ve seen that!

    THANX 4 THE RIDE LAYDEE!!

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  33. Creepshow Monster

    Lady G., french kissing your ear made me puke. Clean those fuckers once in a while.

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  34. Rodney Dangerfield
    Rodney Dangerfield

    I just went all in on China via purchasing 2 million shares of BIDU.

    Beats eating stale hot dogs.

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  35. Rodney Dangerfield
    Rodney Dangerfield

    All the shares sold in BIDU today Rodney bought up.

    My wife asked me why my eyes are slanted today.

    I told her to fuck off.

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  36. Goldie

    Reits are shitting the bed.. shocking

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  37. Creepshow Monster

    You guys are a bunch of ingrates.

    I dont have any family oil trust, I dont get any money from my family. I didnt ask Fly about selling ‘ anything’ I asked him how low he thought oil would go in 2009.

    I realize everyone here hates Cramer…I dont think there is anyone anywhere in the trading world you guys dont hate. I asked if any one thought that China out of all the economies would be more stable than say Russia.

    I realize the entire world is screwed….some are just screwed ‘ more than others’

    I swear this site is only useful for ‘ pimple-faced testosterone driven 17 year old boys…who only want to strut their ablity to be the biggest Goobers on the planet.

    STFU…Scum bucket…the name fits.

    AND last comment…if you think being horrible to me will make me cry, hurt my feelings or leave YOUR WRONG.

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  38. Lady Guenevere

    CRAP…wrong browser…I take full credit for the last post by Creepshow monster

    I was usingn IE instead of Chrome which keeps your name in the reply boxes.

    Merry Christmas…..see u in 2009

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  39. scum bucket

    4 Laydee Gee:

    http://www.youtube.com/watch?v=ilWmJUje5Oo

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  40. Darius

    Im bamboozled…”I swear this site is only useful for ‘ pimple-faced testosterone driven 17 year old boys”..I was like for serious? Then you said “if you think being horrible to me will make me cry, hurt my feelings or leave ” Are you staying because your secretly a 17 y-o Boy? Creepy!

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  41. Jakegint

    Someone should bid for TSCM, on the condition that Cramer be fired from the site.

    If you all donate 1 million each, I will do it, for the love of free internets.

    Better strategy: Short TSCM on a massive scale, cover at $1, and then purchase what’s left.

    The next day, fire Cramer, to heroic acclaim, and the stock will rise.

    With a new “bidness plan imprint” yYou quickly bail to CBS or some other fucktard behemoth media company.

    I can arrange the whole thing for you, give me two weeks.

    ________

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