What’s with the government releasing the emails of Goldman employees to the public? Obviously, they are trying to shape public opinion, via using fucked up, Orwellian, tactics. Naturally, if Goldman was a provider of e-coli tainted beef or genetically modified seeds, they’d be sucking their pants off right now, instead of publicly humiliating them. After all, Goldman was not even a major player in the CDO market. Let’s see what those fuckers from Bank of America Corporation [[BAC]] were emailing each other. As a tax paying citizen of the United Steaks of America, I demand to see Angelo Mozilo’s emails!
I will be out of pocket most of the morning, busy “doing stuff.” Just know, Caterpillar Inc. [[CAT]] and Whirlpool Corporation [[WHR]] posted great earnings and the market is about to punch the shorts in the fucking face.
FYI: The Godly folks over at iBankCoin have released their May Seasonality report, exclusive to the Distinguished Gentlemen of The PPT (unfortunately, pikers are privy). If you recall, some of the April seasonality picks were General Cable Corporation [[BGC]] , TriQuint Semiconductor [[TQNT]] , Southwestern Energy Company [[SWN]] and Weatherford International Ltd. [[WFT]] —all winners. This report is far more extensive and includes historical losers too, just in case the market turns down, which is a silly idea considering the market is a dollar, cash, money, printing machine.
UPDATE: I started new positions, buying 15,000 GMX Resources Inc. [[GMXR]] ($8.83-8.91) and 2,000 Cytec Industries Inc. [[CYT]] ($50.25). And, I sold 25% of my [[TQNT]] position, @ $8.30.
UPDATE II: I bought 2,000 Jarden Corporation [[JAH]] @ $33.83 and 2,000 [[CGA]] @ $13.37
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Caterpiller acert engines are what we are installing on our oilfield equipment. Also the same engine in the FMTV military equipment.
I’ve been posting my buys of ISLN on this board since it was at $3. Hopefully some of you jumped on for the ride. ISLN goes to $15 IMO
Anyone who followed you on anything should put a gun in their mouth and pull the trigger.
Wouldn’t it be something if the public had a glimpse of the emails that have mysteriously vanished, poof, destroyed during the past decade? Barrels burning @ 1600? Records lost? hahaha
How much campaign money did Goldman employees give to Obama? Be careful what you pray for because you are going to get it, but not in the way you expect.
Latest news out–
NORFOLK, VIRGINIA (The Borowitz Report) – Eleven indicted Somali pirates dropped a bombshell in a U.S. court today, revealing that their entire piracy operation is a subsidiary of banking giant Goldman Sachs.
There was an audible gasp in the courtroom when the leader of the pirates announced, “We are doing God’s work. We work for Lloyd Blankfein.”
The pirate, who said he earned a bonus of $48 million in dubloons last year, elaborated on the nature of the Somalis’ work for Goldman, explaining that the pirates forcibly attacked ships that Goldman had already shorted.
“We were functioning as investment bankers, only every day was casual Friday,” the pirate said.
The pirate acknowledged that they merged their operations with Goldman in late 2008 to take advantage of the more relaxed regulations governing bankers as opposed to pirates, “plus to get our share of the bailout money.”
In the aftermath of the shocking revelations, government prosecutors were scrambling to see if they still had a case against the Somali pirates, who would now be treated as bankers in the eyes of the law.
“There are lots of laws that could bring these guys down if they were, in fact, pirates,” one government source said. “But if they’re bankers, our hands are tied.”
You just made my morning.
If the market is a printing machine, what’s this seasonality report, a golden goose? Thing. Is. Money.
gimme my farty
I sold half of my NM position this morning. Don’t read too much into it. I say we still go higher, but I’m pretty heavily leveraged at the moment and am looking to reduce margin.
Remaking portfolio highs as I type this.
OK, I have a question….if we are so Bullish Giddy Party Hats, why did Shanghai Comp close weak again?
Did R.W. do something to the site?
it was probably vicenzo spitting up bolognese sauce all over the server again.
I’ve paid a few hackers to leverage a DOS attack on this site until R.W. Pelican is restored to his post.
You’ve been warned. Next time, you’ll be taking the day off from blogging.
I shorted BHI this morning, because I refuse to learn my lesson about shorting during a bull market.
Also, damn you, Vincenzo.
sell sell sell
“they are trying to shape public opinion…”
IMO, they have already shaped it, as they own it. We, the willing village idiots, slurp it up like it’s liquid God.
Amen.