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
23,471 Blog Posts

Bulls Salsa Dancing into the Close

There is no need for discussion.

Cheers to those who made money today.

[youtube:http://www.youtube.com/watch?v=OC7AQ9HqmMI 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

23 comments

  1. jg

    fig

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  2. Mr. Cain Thaler

    While doing blow off of a strippers back.

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  3. chessNwine

    Dear Meredith Whitney,

    Stop having a boring bearish call. Stop having a boring life.

    Love,
    Chess

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  4. dave

    They’re not making money. They are staying even.

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  5. Hammy

    what a great day.

    victory dance time.

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  6. dumas

    Fly, Is it getting too easy to make money? Seems too easy lately. I always worry that when it gets too easy, the winds of change are upon us. I guess that’s the contrarian in me. 10,500, a quick thanks to the turkey gods, and then down?

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  7. The Fly

    It is. I went “full retard” last week, going to a 60% cash pos. Look where that got me?

    I was buying back today.

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  8. wabisabi

    best post ever

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  9. The Fly

    rofl @ stupid american press in China
    http://news.yahoo.com/s/afp/20091116/wl_asia_afp/chinausdiplomacymediacnn

    they must think they’re in chinatown, nyc or something

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  10. TMoe

    http://news.yahoo.com/s/ap/20091116/ap_on_bi_ge/us_hunger_report;_ylt=Ah1WtlehU80SRaBJ024Fb8Cs0NUE;_ylu=X3oDMTMycm1pdHNyBGFzc2V0A2FwLzIwMDkxMTE2L3VzX2h1bmdlcl9yZXBvcnQEY3BvcwM0BHBvcwMxBHB0A2hvbWVfY29rZQRzZWMDeW5faGVhZGxpbmVfbGlzdARzbGsDdXNkYW51bWJlcm9m

    USDA: Number of Americans going hungry increases

    “The first task is to restore job growth, which will help relieve the economic pressures that make it difficult for parents to put a square meal on the table each day,” Obama said in a statement

    Why Mr president? Remember unemployment is a lagging indicator. We know your first real step was to steal our money and give it to the banks to make sure your contributors were taken care of and that they come back in 2012. It seems to be you are more interested in the so called health care reform instead of unemployment. Besides 10.2 isn’t that bad it means that 89% of people are working.

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  11. Dr Fly

    Who cares Moe?

    Stop it with the doom and gloom

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    • JakeGint

      By pointing out the bullshit hypocrisy of the One, Moe is doing the Lord’s work.

      __________________

      On the non-“doom & gloom” circuit — ^^ Gordon from Sesame Street sings one helluva salsa salad.

      ___________

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  12. Q4

    Viva El Mariachi – http://www.youtube.com/watch?v=3ZM8GDa6LkY

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  13. Leonard The Monkey

    Judging by the filing just put out by FTK somebody forgot to tell those fuckers about the bull market.

    Anyone care to comment on how the fuck you have a provision for tax expenses = to almost half your market cap?

    Other then that it looks like it still sucked.

    Maybe they’ll say something tomorrow to redeem themselves…

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    • Pedro

      The numbers are brutal, no doubt.

      Key statement: “We believe that, assuming current revenue levels and cost structure, our current cash balance and estimated cash flows will be sufficient to satisfy our anticipated cash requirements at least through September 30, 2010.”

      What does this mean for the stock price? Not sure. It’s priced as if there’s an X % chance FTK goes bankrupt. I don’t know that this guidance does much to dispel the risks of bankruptcy.

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  14. Yogi & Boo Boo

    Will Chuck B. be on the FTK call?

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    • masterpain

      Hey, you guys hang on to that small cap. I am sure in three years or so we will have another short squeeze on them . The Monkey and BooBoo you picked appropriate names . Lemmings!!!

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  15. Dr. Incognito

    Do not anger the Turkey Gods.

    http://www.youtube.com/watch?v=KbZk6Op7pqM

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  16. Dr Fly

    It looks like a loss of around .30 after tax provision. Awful numbers from an awful company. I wish I could perform a brain transplant on the CEO. Bottom line; they will come to an agreement with creditors by year end. They have enough cash for 1 year.

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  17. JakeGint

    There’s no question that you cannot get something for nothing.

    Consequently, The Turkey Gods Ask Sacrifice!

    _____

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