It’s Not a Game Anymore
Ladies and Losers,
I am here to present a solution to the current credit crisis, via large institutional sponsored short squeezes, which will effectively “bake the balls” of all remaining short sellers—putting them into thin layered pine boxes. Quite frankly, it is not enough to see them wandering the streets of Manhattan, at all odd hours of the night, picking out sandwiches from the garbage cans.
If I may propose, I’d like to run over such said miscreants, with oversized sanitation trucks, then toss them into portable lit fireplaces—for proper burial of course.
Now many of you, my kind, benevolent readership, find yourselves in the back of a jam sandwich, short stocks into criminal balance sheet games. I beg of you to keep pursuing this course of action, for you make excellent tinder inside of my inferno funhouse.
Without further delay, I gift you 10 short squeeze ideas, all courtesy and praise go to the magnanimous gentlemen of The PPT for providing the data.
[[GPI]], [[TSL]], [[BKS]], [[CSR]], [[BUCY]], [[SFI]], [[TRLG]], [[WNR]], [[JASO]], [[CRM]].
In addition, here is a list of possible takeover tech stocks, considering the M&A market is perking up a bit.
[[ATHR]], [[ARUN]], [[COGT]], [[DRIV]], [[SNPS]], [[WFR]], [[TTWO]] and [[NTGR]]
NOTE: Unlike some of my iBC colleagues, I implore you to ignore the SEC and let them set ruling upon the short sellers. It makes for a funner market. Thanks!
Indeud.
Lap it up, proletariat. These are just table scraps from the godly round table within the PPT.
In other news, my weekly gains are egregious.
possible takeovers? you know better than that.
How about PNRA?
Yes, possible takeover, based upon strong balance sheets. That has been the common denominator of all recent mergers.
Hey-
on PPT i dont see any data for top rank stocks..any issues with the website?
fixing
Thanks!! it works now
Watch the M&A space on the resources front. The RIO shareholders are as pissed as all fuck over the RIO board’s latest antics of getting into bed with the Chinese and giving the company away, buying Alcan at the top and spurning BHP’s tilt.
I’m taking a rough shot that BHP may try another tilt at them. This time the instos are begging them to.
lol, “short squeeze” plays… That is for fags (no offence). How about some real companies with a future that trade well too?
Try GD,SPN,TSYS,WBSN and one little pig – JBL.
Talking my book so sue me or make money, your choice.
Apparently, the broken rubber now prevents him from being able to spell correctly.
ruined
offense
Spell check,
Glad to see you are alive and well. We have missed you on the Yahoo boards!
eye Ms ewe two
Yah! WHO!
Can’t own GD with Obama, sorry.
JBL is interesting.
Party time in Tokoyo tonight for the second derivative crowd. Exports fell 4 percent less. Time to rally.
Russia moving troops to Georgia again. Let the wars begin!
Re SEC; absolutely. why waste your keystrokes. what will be done, will be done, and done by idiots driving large suvs around town in search of the cheapest gas while sexting lee raymond. Re bounty; if said bounty is more the ‘buried under the Caribbean seafloor’ type as opposed to the the ‘overly-caffienated teen marketed soda type’ i will oblige delivery. the soda(er) you can keep, all due respect.
Tonight’s useless fact, LIBOR is back down. Why wouldn’t LIBOR be down, governments all over the world are backing banks, risk of outright bank failures is now low. LIBOR should be now be LIGOR.
re sec, uptick … Another solution
http://www.sec.gov/comments/s7-08-09/s70809-130.pdf
Juice, dude, did you not see that I have almost an entire post dedicated to Ben Dover’s letter? Sheesh….
Shed,
Nothing personal, but I think the 2nd tier tabbers need to post here (Flyblog) more often to drive traffic there.
Someone’s quote:
“A funny thing happens when you stop marketing,
nothing.”
By now, Im sure everyone is aware of VNO and their offering they came out with last night.
My advice: Buy the dip in the morning because it could finish up big. The short intrest is huge and just look what SPG and other REITS did after similar offerings.
They ramped for days and the shorts got played.
Enjoy
http://www.wcbs880.com/Freddie-Mac-Chief-Commits-Suicide/4249204
Talk amongst yourselves.
Shed … sorry, dude .. missed that post
The market is overbought neutral with tons of dumb money; the only good short squeeze with low risk is in your pants!
Freddie Mac CFO Kellerman commits suicide !
Developing…
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kellerman, fre’s cfo death by suicide. I blame Bush.
Freddie Mac CFO Kellerman commits suicide!
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Sorry, that was me.
__
lieutenantfox Says:
Rosen-
I couldn’t agree more. The retail sector is very “hit or miss”. People ARE buying select things…a Blackberry is a good example. But you are right, the strong can’t carry the weak and these pockets of strength will be exposed for what they are…the exception not the rule. CRE is going to get pounded which is old news, I know. We, as a nation, are going to pay dearly for our “must have it RIGHT now” mentality. I know HELOCs have been reigned in by banks, but wait until credit card companies start cutting max limits in half in order to reduce risk. Johnny Sixpack will be intercoursed 10 ways to Sunday. Retail is going down….
———————————
Got a letter from B of A yesterday…credit cut from $35K to $15K on a card that I don’t use often and have had for over 16 years…just saying.
I also had a credit limit cut on a BofA card. The hilarious thing was they said that they “may” have extended more credit than I need or will be used. Maybe 57k was a bit much.
Then the very next day, I got some more of those cash advance checks so I could spend, spend, spend!
Duh. Talk about mixed messages.
Morgan stanley turns in a quarterly loss.
I think Kellerman “knew too much.”
Why kill yourself… seriously?
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FLY:
I take back my short squeeze statment; It looks like the quants are manulipulating short squeeze action. Also people I know are looking for another possible upturn around the end of MAY. I forgot to read my EMAILS this morning.
Inadvertant “funny” dept.:
I thought I had plugged my new iBC website address into my mobile phone, but instead of “iBankCoin.com” I had used “ibc.com”….
Which links to this site!
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However, Pete Najarian is a buyer of bigger national banks like JPMorgan [JPM 32.53 --- UNCH (0) ] and Goldman Sachs [GS 120.36 --- UNCH (0) ] , who are the best of breed and will require less, if any government investment. He also points out Morgan Stanley [MS 24.65 --- UNCH (0) ] , who seems paused right now and offers a huge amount of potential on the up side.
Jake,
Nothing says “I can bee trusted with your money” like the guy in a bee costume from the Simpsons. You guys need to get him on ibc.
I like fly very much. Not trade long time, but I do kick old man down stairs many times and bowl on heads. I too white robe some times like great hero. I no like short people. Ha ha but I am short height, very long stocks market.
Bank of America- is a mess..i do some business with them, everyones CC limit is being reduced..Everyone. Their CC portfolio is fucked, as are all the major issuers..The fuckers all stand around looking at each other all day..clueless bank. And they never have enough $100 bills at branches…Why..order more your a fucking bank shitheads.
GERN getting jiggy this morning. Should move to 6’s from here.
Prospectus — I was thinking along similar lines, including the oddity of having a pudgy Italian looking man represent your Texas-Oklahoma based bank, whilst wearing said bee-suit.
You can almost see the conversation in, say, Enid, OK — between Ma and Pa Baker:
Ma: Now honey, which bank izzit ye said ye jest put our money at?
Pa: Whale, sweety, ahm right certain it was that there bank we saw’d on the tay-vee. ‘Member? Tha wan with thet there fat Eyetal in tha bee suit?
and… Scene!
We’ll have to consult with Donny about this…
_____________
Geithner seems real nervous like he knows alot of shit but is not allowed to say it, and has to really think how to formulate his words to the “rosie” side with each sentence….
NTAP could be on that tech takeover list as well…
and I guess RHT is on the move due to IBM takeover rumors.. but when aren’t they..
Russia moving troops to Georgia again. Let the wars begin!
——–
where did you get this info from?
Done for the AM.
Thanks SMH.
TheArtist,
Really didn’t notice about your posting regarding no negative news to found anywhere yesterday. Not saying it’s some sort of conspiracy, but there seriously wasn’t a bit of negative news out there! WTF
covering 1/3 shld… adding to short amzn…
Isn’t it funny how mother market finds a way go green, despite all of today’s mess? Morgan Stanley posting wider than expected loss. Capital One also. But market fuckery finds its way to turn it into a bull market.
building new short position in emini’s here…
this particular gap close is bearish…
On days like today when, under all normal sane thought patterns of trading, when all that are sane would sell, and here we go higher (again) you have to wonder WFT is going on with this.
I believe it’s that abandoned warehouse on that back alley in DC where those guys in the black suits are on computers buying stocks using a black ops account to pump the market up.
solar stocks back up, LDK back up 4% today from 7.08 up to 7.75
GSI is another squeeze, with 11% short and 7 days to cover. It is melting up this morning.
Cheers
FAZ x 40k. Oh the humanity.
You would think you would learn to temper the shit talking. Even rats cans learn.
FLY’s shitstar roster of low end tech (ALU-RFMD-etc.) is on fire…well done laddie…SPIL about to accelerate as well a past Fly selection
LOL
Devildog’s losses must be approaching 7 figures now. The sheer elegance of his loss is breathtaking and heartwarming at the same time… even though it’s a paper loss as he didn’t really have a position.
Sheez, “BallZ the Bull Impaler” may just be the best moniker I’ve seen here in a loooong time.
Eggsellent.
_________
i told DD to sell couple of days ago on FAZ pop, he would done good… but now he has to wait for his $18 target. DD, are you still holding FAZ or did you take the loss?
FAZ and SRS have hammered me.
This shell game being played by the government is bullshit.
Also XRT is running over the past few days, I got short at 26.42 took some off the table on Monday for a nice gain.
Running today also, I am looking to add to my shorts today.
Took a little off the table of my MCO shorts with a gain.
I hear rumors MOS might be a canidate for being bought. By whom I don’t know…. but I’ve read and heard stories.
They I think are the USA’s biggest Sulfuric acid maker, which they use to make fertilizer.
and to LOL @ Devildog Says: DD has 128,000 shares of FAZ @ 10.17 according to his post the other day. He could have sold it when it hit 13.00. I don’t know.
Thanks JG. Can anyone give any reasoning as to why this mother market is up today? WFC earnings should’ve been baked in, since they did their preannoucement. Why is that Gold men with sacks up strong today. JPM for that matter.
Is it me or are these a-holes lying through their teeth, regarding credit? Banks are saying they’re lending, but their really not!
buy me a**hats
It’s good being me.
why is it up when it should be down?
for the same reason they say something is easy to use which in fact is hard to use…
the only saving grace is if its easy to fix…
Snapini
We’re at the gap in the SPY from 85.70 to 86.95 or so. What do y’all think, the gap gets filled?
Trying to post in my blog, but can’t get it open for some reason… probably user error.
To give a preview, it’s about UPS… $56.40 or so is a pretty important level here.
As you know I like to use UPS (a long term hold for reasons not related to the Jacksonian core) as my “tell” on the trannies and on the rest of the market. It’s been going almost straight up since our last bottom, so I think today will be very important.
More on the blog when/if I get that shit open.
__________
The market is neutral,neutral,neutral at the start of today. Only a fool shorts during earnings season when the mwrket is neutral and the word is out that the quants are causing short squeeze action. You need to wait for a short term trend up or down to play.
Fly, don’t forget to take off early today for the neighborhood Earth Day celebration…..and sell all oil stocks.
It appears there has been another hanging at iBC.
your EZTRADE links at the bottom of the page do not work
Ladies and gents.
The more I think about it and the way the press downunder is reporting things, RIO shareholders are mighty unhappy with the idea that Chinalco is about to buy into the firm through a complex deal that gives them a huge say in the running of the firm. They can’t quite see their way around things when the majority owner of the firm is also is biggest buyer of it output.
I think that they would run into the arms of BHP if they made a bid for them at a reasonable price.
My guess is they would accept a bid of 2.5 times BHP’s stock price in a share exchange. The last bid BHP put on the table was for 3.4 times and since then RIo has done a lot of stupid things like buying Alcan at the top of the market.
There are strong rumors that BHP is arranging credit lines etc though the banking system recently and that these funds could be sued to repay the Alcan debt if RIO changes hands.
My guess is that the bid would come in around 75 bucks a share, or you could short BHP for RIO at 1.7 times now. It may just be worth a punt.
hedge ur fuckin bets and use 3% stop losses in either direction. then go smoke blunts and fuck strippers for a few hrs.
I WILL PERSONALLY GAURANTEE, IN CONTRACT, 90% of the time WITH MY STRATEGY you will make money
what a bitch that cfo was. if he had balls he’d learn theres more to life than money. (ex. hot bitches, kush, and so on) i will drunkin piss on his grave b4 shitting on his grave as well.
would toss out GMCR as another short squeeze idea. Has zero overhead resistance and has broken out to a ton of new 52 week highs, squeezing those shorts left and right. (40-50% of float is short)
Jay
marketfolly
Jay, nice call on GMCR. Their is a ton of short interest to cover in that stock. How do you figure out how far it can run and when to exit?
Cheers!