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
23,417 Blog Posts

It’s All About Earnings

Indeud.

[youtube:http://www.youtube.com/watch?v=YNam0mzfR3g 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

73 comments

  1. The V.King

    FIG

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  2. shortcover

    Boss Tweed…sounds about right…full marks!

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  3. insidetrader

    in some perverse way i think intel will help glw alot.kneale was the kid who got beat up alot and he hung out with girls in 6th. grade.he married staight but still gets male escorts when out of townthats what my sources are.odd yes.

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  4. Heckler511

    Hey Fly,

    What do you know about lithium battery companies and $2B worth of Department of Energy funding request scheduled to be granted sometime between July 15th and August 1st? HEV (recently partnered up with Volvo) and VLNC could benefit.

    The current major players are almost all Asian firms that don’t have a good shot at the $2B simply because they are asian. GE and Johnson controls will get some money but they are so huge that it might not impact the stock price. 3M and Dow may also get some moohlah.

    Also, how do you see battery companies and lithium producers playing into your smart phone portfolio?

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  5. Teahouse On The Tracks
    Teahouse On The Tracks

    What, no closing comments or tune today …. you must be trying to change things up but it could upset the natural order of things here @ iBC … risky business Fly.

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  6. Ring

    again?? sucks man…….any traffic increase for IBC?

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  7. The Fly

    nothing

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  8. Heckler511

    Have you been looking at battery companies and lithium producers / refiners as part of your 4g / smartphone investment strategy?

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  9. The Fly

    heckler: no, but good point.

    sqm?

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  10. omfgitsjd

    Yknow, the buckets of crap thrown at me for getting in on GS at $89 and JPM at $16 was endless last year. “You’ll be jumping from a window of a tall building with your worthless bank stocks”, someone said.

    Well, I guess I could make a golden parachute.

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  11. Heckler511

    Yeah, SQM, FMC and ROC – ROC has a pretty high score in the PPT.

    I’ve got a friend who worked at BHP and he surmises that it’s only a matter of time before BHP, CVRD, and Rio start trying to acquire global lithium assets, which will pump up the price. Lithium is the lightest metal, it doesn’t get any better as far as battery chemistry is concerned. Between cars, smartphones, and laptops, we could see shitload of growth in lithium-ion batteries regardless of the chemistry.

    The growth may outstrip refining capacity for some time, which could pump the prices of Lithium Carbonate even higher.

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  12. newbiewannamakemoney
    newbiewannamakemoney

    As much as I think saying this is so gay, I have to say it:

    FIG.

    Nice call on GLW.

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    • maelstrom

      Nothing wrong with occassionally sounding ..a little Gay

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  13. jjjsix6

    Are you paying kneale to mention IBankCoin.com?

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  14. DJ FOX

    ATTN: FLY

    CAN YOU PLEASE ADD $DDSS TO THE PPT?!?!?!

    GOING IN FRONT OF THE FDA THIS FRIDAY

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  15. dumas

    TIG, in a parallel universe.

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  16. PissAnt

    Kneale just said he’s got another response to the “bloggers” tonight, this should be fun!

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  17. Gio

    I think Wood is too eloquent for Dennis.

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  18. Woodshedder

    That iBC commercial is awesome, if I do say so myself.

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  19. Q4

    Think Good Thoughts – http://www.youtube.com/watch?v=vy0PUQuwxxQ

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  20. Jammies

    I’d have to agree with you there Woodshedder. Unfortunately I am stuck with CNBC on the television all day at my job, and every time Dennis Kneale opens his mouth I want to press the mute button. Do you think his back is sore from having the CNBC puppet master’s hand lodged up there? Unbiased news. What happened to it? It’s no wonder Goldman Sachs makes so much money, they move markets with each statement they make. Maybe it’s time we all just buy up Goldman’s stock and let them run the country.

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  21. MOOBER

    After some thought, I’ve decided I don’t like the attention. CNBC is trying to usurp the iBC community and the way cool vibe here.

    As soon as we engage him, we lend credibility to him and his network. We elevate him to our level by dignifying his foolishness with a response. I know there is a term for this phenomenon, but I am really tired and can’t think of it.

    Consider:
    We are organic. They are corporate.
    We have friends. They have advertisers.
    We encourage and challenge each other. They pump and misrepresent information.

    He’s definitely working an agenda for his own benefit. I’d leave it be, and disengage.

    Been up for 36 hours. Goodnight all.

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  22. TraderRenn

    It’s been too long without….

    http://www.rallymonkey.com/oldvideo.php

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  23. Ring

    recession over??????????
    .who get credit??????????????

    what fuck he is talking…shit man…shame on u Kneale

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  24. gappingandyapping
    gappingandyapping

    Just an update before I get back to working on a major win which I do not care to share with you all. I will be away for the next couple days. So here she be….

    Dennis Kneale is nothing but a cum stained ass clown. When I walk to the CME each morning I tend to let out a call to Dennis Keale which resemble “Fuck you cum guzzling tranny clown!”. If you work down on the floor there you no doubt have heard this call.

    This man is an ass grabbing TV queen that knows he is about to be shit canned by a 3rd rate network. He is “The” homo of all homos and would be ripe for a Progressive Insurance commercial. So to Dennis “I guzzle cum” Kneale, I spit at your homotry and wish you nothing but shit canning. Assclown…

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    • mrkcbill

      +1

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    • Ring

      +2

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    • Homey

      you should hear gap when he’s in a bad mood

      Shoot, these spamath questions are getting tough:
      The volume in cubic centimeters of an oblate sphereoid with a diameter of 28.337′

      PS don’t forget to copy your post. If you miss the question, your post is lost
      Now I just do the math before the post

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  25. Ketchup

    Fly,

    Any idea what’s going on with the bombardment of spam in the RSS comments feeds?

    I’m dieing ovah heah! ..

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  26. bigrobb

    Dennis Kneale has lost his mind!!!!! Lock him up!!! Great ads for IBC

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  27. 308

    something to read, keeping with the theme of that Golden Slacks report.. here is an excerpt from a Citigroup software thing out tonight:

    Software: 2H Playbook & Q2 Earnings Preview
    Use Pull-Backs to Position for 2H Positive Seasonality
    -Stock View — We recommend investors gradually increase exposure to high beta
    names levered to a recovery, while keeping some balance in defensive sectors that
    combine company-specific growth drivers. Our favorite software names for the
    second half of 2009 include MSFT in large cap, MFE in mid-cap, and CNQR,
    NUAN in small-cap. In addition, potential acquisition targets with dominant
    franchises in their respective markets or otherwise attractive assets include: INFA,
    OMTR, CTXS, RHT, NUAN, CRM, MFE, and CNQR. ….

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  28. 308

    F&#K ! This won’t help my ESV position:

    The main rebel group in Nigeria’s Niger Delta is to observe a 60-day ceasefire in its attacks on the oil industry.
    http://news.bbc.co.uk/2/hi/africa/8150965.stm

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  29. DEVILDOG

    Bull shit.

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    • punyandy

      still waiting for those new lows in july? thanks for sparking the next leg up. you are the ultimate contrarian indicator.

      edit: surprised you can still post. i thought the spam prevention would stump you with simple addition.

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  30. The Fly

    get your math game ready. Soon iBankCoin will offer calculus questions as a firewall against the “internet idiot.”

    Death by Math.

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  31. Dr. Incognito

    Just no laplace transforms, for the love of god!

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  32. The Fly

    I heard Kneale went after Punyandy tonight. Anyone have the clip?

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    • Teahouse On The Tracks
      Teahouse On The Tracks

      Been looking for it … no luck yet.

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    • Teahouse On The Tracks
      Teahouse On The Tracks

      Yooz gize have found “common ground” haha …. ask him to post a copy of tonight’s blog video re StockTwits on Twitter … tell him yule post it here and I’m sure he’ll oblige … kinda “you scratch my back – I’ll scratch yerz”

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    • Homey

      Ha ha, good for iBC!
      Have any of these mentions spiked pageviews?

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    • punyandy

      i’m flattered. shocker, i missed it live.

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  33. dave

    It wouldn’t take 5 minutes of coding to defeat this sort of spam protection. There are programs to even figure out the funky alphanumeric (the ones with stretched and skewed combination of words and letters) captcha codes such as decaptcha.com.

    Luckily, I haven’t seen anything like this spam protection scheme on a mass basis so it’s not worth the spammers time.

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  34. The Fly

    The other captcha was slowing down site.

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  35. dave

    Go on elance or other coders for hire site. A lot of jobs are geared towards creating spambots. There is no shortage of takers, especially in this economy.

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  36. Hammy

    I’m about 2/3 of the way through “The Snowball” by Alice Schroeder.

    It is an incredible account of the life, outlook, and philosophy of Warren Buffet, last year the richest person in the world.

    May I add for the history of myself, that my father dated the author of that book, Alice Schroeder, in highschool in Dallas.

    Edit: the above mentioned fact has definitely not affected my investing success.

    update: today I put in a limit order at 1.07, when I meant to put in 2.07. The order executed at 1.87, losing myself about 10% in 1 minute. anyone else make a stupid mistake like that ever?

    hopefully though, I have more attention to detail when it comes to arming missiles. we’ll see!

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    • dave

      I fear getting fucked on a market order, such as a glitch on the broker side.

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    • ZenProfit

      Hammy:

      I finished “The Snowball” 3 weeks ago.

      I was disappointed that the author thought it necessary to include so much minutiae on WB. (Maybe she was getting paid by the word.)

      After a while the stories about his kids and the first wife and their sorry lives grew tiresome. I had expected more detail about the business deals and less soap opera.

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    • Woodshedder

      I once entered a stop market order about 3 bucks above my entry rather than below it. As soon as the entry order filled, the position stopped out. Didn’t lose very much, but the position went on to be a winner, and I wasn’t in it!

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  37. JakeGint

    New Post up with Jackson updates, sorry for the slow posting lately — The Kid is back in the Picture.

    _________

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  38. Ring

    Ibankcoin.com users come from these countries:

    * 76.6% United States
    * 7.4% India
    * 5.6% South Africa
    * 3.1% Canada
    //////////
    interesting

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  39. 308

    citigroup tonight on:

    ALTR: Buy. We advise clients to buy Altera ahead of the impending strength
    in 4Q09. Beyond the near term, we are encouraged by the likelihood of
    incremental wireless infrastructure builds as well as cyclical improvement in
    down-trodden automotive and industrial verticals. We are raising our price
    target to $22 from $21 on higher multiples, representing 30.5% expected return.

    and some obvious ones…
    GS: Reiterate Buy — We raise 2009 estimates from $13.50 to $15.80, raise 2010
    from $14.50 to $15.00, and raise 2011 from $17.00 to $19.00. Raising TP to
    $175 to account for higher estimates.

    INTC: Reiterate Buy .. likely formed a new trading range $17-
    $19, not dissimilar from TXN’s recent pattern. At the after market close price of
    $18.02, Intel trades at 14.6x our new 2010 EPS, below the current market multiple
    15.3x (S&P500). Driven by our expectation of improving margins, we raise our price
    target for Intel to $23 from $21 .

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  40. ZenProfit

    Zuckerman says its worse than we think:

    http://online.wsj.com/article/SB124753066246235811.html

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  41. TraderCaddy

    Just wanted to see if I got the answer correct to the spam protection question.
    It was hard.
    I had to call up my college graduated kids for help.
    Also, it didn’t seem like Calculus but more like Quantum Physics.

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  42. EN1GMA

    Dennis Kneale is annoying… he really sounds like another animated clown like Cramer with his overemphatic enunciation

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  43. Homey

    The Bureau of Labor Statistics is like the weatherman.
    They keep calling for sunny weather until it starts raining; then they simply change the “forcast”

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  44. TheArtist

    CENX

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  45. 4fl3x

    Master Fly recommended shorting PAR… down 22% today.

    Damn Fly!

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  46. Mr. Cain Thaler
    Mr. Cain Thaler

    Sold short COF at $25.29.

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  47. Mr. Cain Thaler
    Mr. Cain Thaler

    California bonds are officially junk.

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  48. j

    Sold Some more Euro/Aussie right here.

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  49. kidstock

    So sad for those that didn’t follow yesterdays Daily Double on the BRCD July 8 calls.

    5000 calls were for sale at a nickle yesterday. Not sure who bought them but they are sitting pretty today.

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  50. TheArtist

    fish sticks?

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  51. TheArtist

    Fly you thinking about getting back in FITB or no banks for you at this time?

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  52. Generational BOTTOM Picker
    Generational BOTTOM Picker

    OK people. Cat’s got your tongue. No bears or bulls?

    The Expiration Week rally I called for last week has topped out.
    Buy JULY out-of-the-money puts, and/or sell August at the money calls.

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