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
23,426 Blog Posts

Fly Buy: CTRP

I bought 2,000 @ $55.86.

Disclaimer: If you buy Ctrip.com International, Ltd. (ADR) [[CTRP]] because of this post, your dog will bite your face off, while you sleep. And, you may lose money.

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14 comments

  1. assman

    FING

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  2. The V.King

    The blonde top middle is my Fav…

    p.s. Fly did you get my e-mail?

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  3. henryfool

    Did I pound THe Table on ALGN yet?

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  4. Teahouse On The Tracks
    Teahouse On The Tracks

    Big Dicked Gains for Fly = Dick in a Box Video for IBC (Morning Wood)

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  5. mrkcbill

    Poof

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  6. henryfool

    Back in ALGN
    I like the action + PPT hybrid 2.42 Friday. Too low for a grower like this!
    see my chart ovah at Henry Fools Corner
    http://ibankcoin.com/henry_fool/2009/11/02/smiles-everybody-smiles/

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  7. mrkcbill

    CIT
    William Black, professor at the University of Missouri-Kansas City School of Law is dumbfounded. “We put ourselves on the hook in a completely inept way where we lose first. We lose entirely as the taxpayers.”

    Black, a former top federal banking regulator, blames Treasury Secretary Timothy Geithner for negotiating such a bad deal on behalf of the American public.

    His argument goes as follows:

    The government was in no way obligated to lend the struggling CIT money and, in fact, initially refused to provide it bailout funds. More importantly, being the lender of last resort, the government should have guaranteed we’d be the first to get paid if CIT eventually filed Chapter 11. By failing to do so, “it’s like he [Geithner] burned billions of dollars again in government money, our money, gratuitously,” says Black.

    Black believes the problem stems from regulators’ fears that if the banks recognize a loss on the bad assets it will create a domino effect that will wipe out the entire financial system.

    “If that’s true we’ve got to get rid of capitalism,” he warns, “because if we can’t recognize losses in a capitalist system we have no future.”

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  8. TMoe

    The window dressing of today’s tape is coming to an end.
    POOF

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  9. Pedro

    Does anyone know if FTK reported their earnings? They were supposed to report on Oct. 29th.

    How does this company get away with being so shady?

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    • RaznCane

      FTK’d is waiting for a special shareholder’s meeting. The company is spam calling all shareholders to ‘vote’ to basically OK the special offering of preferred shares they pushed through prior to a SH vote.

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  10. PoorOkie

    Let there be (bear) slaughter everywhere!!!

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  11. TA

    FTK is down to the lower end of it’s trading range

    Historically it’s been a good buy here

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  12. TMoe

    Get in the funnel!

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  13. Get one

    FTK is being punched in the mustachio again

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