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
23,445 Blog Posts

Fly Buy: MSO

I bought 20,000 MSO @ $3.62.

Disclaimer: If you buy MSO because of this post, your neighbors will spread demeaning rumors about your manhood. And, you may lose money.

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37 comments

  1. SteveThe Neighbor
    SteveThe Neighbor

    What about my manhood neighbor?

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  2. Thinly traded

    That’s half the volume – no thanks

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  3. mrkcbill

    Jed,owns MSO in size. Odd No?

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  4. TraderCaddy

    I read MSO for the recipes.
    And I am not gay (not that there is anything wrong with that ala Seinfeld).

    I grill a mean flank steak thanks to Martha.

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  5. TheArtist

    Jake, houses are in NC
    cities of Raleigh, Greensboro, High Point, etc are pretty much in a stand still. I am a artist (in real life) and do architectural design (and many other things) for some of my developer friends. One of my friends, back in 2007 bought a large lot in Cary NC and put in roads and curbing and was going to build a complete small community, he has spent 23 million so far but right now he is dead in the water and is letting is kids ride 4 wheelers and dirt bikes on the place, it is idle right now.

    Houses here are selling slowly but only the lower money ones that have either been taken by the bank or are being sold by the owners for a cut. another example was an entire street here in a town called Summerfield NC sold at a bank foreclosure, this street had 9 houses on it (small 1100 to 1500 sq. ft. size houses) all brick and nice for small houses, the entire street and all 9 houses was sold as one lot for 400,000.00 just the other day. These houses would have sold for around 80,000.00 each 3 years ago, so we are talking 720,000.00 3 years ago sold just a few days ago for 400,000.00 so is this a “positive” recovery signal? I don’t think so.

    example: there was a very nice mechanic shop that went under here, the owner was trying to sell the place, a 6 bay garage on W. Market St. in greensboro, NC. He could not sell it, he was asking around $500,000.00, it was forclosed on. the bank auctioned it off and the high bid was 230,000.00, so the new owner got it for a steal. This lot alone with no building on it would have sold for 500,000.00 3 years ago. so this is the action I see.

    The scam, or the “headfake” the media is giving people is this:
    They are telling numbers on TV as if home sales are up and things are showing signs of a recovery, but the actual facts are not. The reality is the sales are bank sales and or home owners dumping houses for steep losses to get out from under them. That is NOT a recovery. New houses that were built on spec are just sitting there still for sale.

    When I start seeing new footings going in, I will have more positive feelings, but that is not happening now. No new footings going in anywhere around here except my own, and a few commercial developments here and there.

    Also Harris Teeter was scheduled to build a new store about 5 miles from me, they scrubbed the plans for now.

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  6. JB

    MSO has traded 86,000 shares today. So you bought 24% of the shares traded today. who the hell is going to buy them back?

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  7. Free Trader

    Anyone here willing to bet that Fed’s are going to raise rates today?

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  8. charlie

    Woooo! My $URRE from yesterday is making big-dicked coin today.

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  9. The Fly

    Yes, I gladly bought 20k at these levels. The volume will pick up.

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  10. shaun

    BONT breaking the F out now…lagging retailer.i mentioned last week

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  11. FLY's Fourth Grade Teacher
    FLY's Fourth Grade Teacher

    me thinkist you are full of crap

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  12. Thinly traded

    I don’t feel like donating to your coffers Flyster.

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  13. JakeGint

    (forwarded)

    UUP just tackled a couple of doddering old Bear fuckers in leg braces and dove down a nearby elevator shaft.

    Noooooooooooooooooooooooooo….. (Plop!)

    ____

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  14. JakeGint

    Artist, thanks for the update.

    Triangle can officially be thrown into the “boom & bust” pile now, along with Atlanta, DC, and the usual coastal spots.

    Good news is, you should see the first turnarounds there, just like in Cali, etc.

    Well Cali may be worse off, like NY. I should caveat that as long as your state leg doesn’t get nuts like those two.

    __________

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  15. PRICERUNNER

    You might want to take profits before FOMC. This side show is about to get a bitch slap by May 17th.

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  16. The Fly

    It’s Martha Stewart you dipshits.

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  17. dave

    Good action in SPAR. A solid 3 bagger since March.

    New fire trucks must be on a must have list for municipalities.

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  18. The Fly

    I don’t give a shit what you idiots think.

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  19. shaun

    Hope you guys got some BONT…keep an eye on cwtr!!

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  20. TraderCaddy

    I believe some thought MSO was some kind of a garlic smelling lotion you put on your person to avoid cancer.
    That would be DMSO.

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  21. j

    Fly:

    Its a very gay stock. All the gays love martha.

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  22. bait bucket

    Anyone here willing to bet that Fed’s are going to raise rates today?

    **choking on food** **hack, huck tooey** there, now,

    BWA BWA BWAHAHAHAHAHA!!!

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  23. Thinly traded

    The volume will pick up based on what catylst?

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  24. Thinly traded

    Bait bucket –

    Fighting inflation in a deflationary vortex? Talk about mass confusion in the markets – wow will that be fun.

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  25. TraderCaddy

    If rates are raised the normal reaction would be for the market to lose 600 Dow points right off.
    But since only psychos trade they would think Costanza style that if the Fed raised rates then the economy must be getting ready to soar. Then we would go up 600 Dow points.

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  26. Free Trader

    TC, given the magnitude of craziness in the mkt, I wouldn’t be surprised to see the mkt soar after the Fed announcing rate increase.

    There seems to be buy buy buy action, and very little resistance. One thing for sure is that they have to start raising rates.

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  27. bait bucket

    Yeah Thin, I’d actually enjoy watching that one. LOL

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  28. Free Trader

    Hey Fly, You know who was a guest on Martha Stewart Living show? Jimbo the Cramer! I kid you not.

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  29. Bullshit Buyers

    You fuckos must be out of your mind. Are all of you working for cnbc as analysts?

    I’m very glad that all of you are able to FIND the good side from this horrendous GDP reading.

    We have back to back -6% GDP, fuckos! This is your wake up call. We haven’t see this kind of asshattery for at least 3 decades. Am I missing here? To cheer because personal consumption went up and Inventories down ? Inventories were liquidated at over 50% clearance. In case you fuckos haven’t noticed stores advertising 70% off to entice you to shop there. That’s 70% off, assholes!

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  30. Juice

    IYR lagging … keep an eye on it as Fly’s tell fm yesterday .. seems like last year, NOT.

    ACC very weak.

    a few longs stolen from Tim Slope

    STZ COMV STV

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  31. Cash-N-Guns

    did the short bus unload some retards here today..predicting a raise in interest rates…allow me to suggest you are full blown swine flu breathing morons of the highest degree…go watch barney and STFU.

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  32. Maelstrom

    Martha has man hands and cyclops feet ugh

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  33. alf44

    20,000 MSO shares ???

    —————–

    BWA-HA-HA-HA-HA-HA-HA-HA !!!

    Whatta a freaken “Fly Clown” !!!

    —————–

    Oh wait !

    I thought the same thing with RFMD & CROX & ODP !!!

    Nevermind !!!

    .

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  34. RC

    Alf,

    have you followed these plays? They have been golden. He’s not investing, he’s trading– and killing it with double digit returns on each trade.

    Sometimes the best setups are shit stocks.

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  35. alf44

    RC…that was my point !

    ————–

    All the stocks I mentioned were nice calls by Mr. Fly !

    It was an attempt at sarcasm…you know…a joke !

    Apparently, not so obvious huh ?

    .

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  36. shaun

    dumping some of that BONT and CWTR here..hope you guys enjoyed the ride

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  37. shaun

    dumping some of that BONT and CWTR here..hope you guys enjoyed the ride

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