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
23,460 Blog Posts

Fly Buy: BZH

Started a small position in BZH, buying 10,000, $3.41ish

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20 comments

  1. scott

    why not just buy HOV. it has the most accumulated losses and the most beta!

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  2. DMG

    $4.11??

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  3. go2mars

    http://www.youtube.com/watch?v=7zvNV-vkEzc

    Fiat money inflation in France

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  4. drummerboy

    what, was there like 2 building permits issued last month.

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  5. TraderCaddy

    Black Swans?
    S&Pcollapse?
    Lehman like Euro collapse?
    Near record AAII bearish sentiment?
    Record Foreclosure notices?
    Obama is a Putz? (Well, this is true).
    = stocks have hit a near term bottom.

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  6. hitter

    AKS – must be a big seller working this AM. Stock has been much better than mkt. Buy?

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  7. fubsy_cooter

    Fly,
    I hope you’re just looking to ride a bounce b/c this market is toast. There will be a bounce, i agree..to clean up sentiment and mess with the bears, but that sucker will roll over. This market is going down. Look at that top 6 or so weeks ago, a slight break higher before dying. Classic! We will probably see the same thing in reverse to sucker in sellers below 1250, like a break to 1247, then a sling shot higher. Then we roll over and downward we ride friends. Not because of Greece or the rest of the fucked up EU, but because we are running on fumes, and the mext time the Fed decides to light the pipe and smoke a little QE, we will be heading into recession and spiking commodities prices will be like a dagger to the heart of the economy. Just as they were a couple months ago.
    fubsy

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  8. mike barker

    How did you make your millions? Surely not as a trader. Were you employed as a broker somewhere? That kind of money only comes from an inheritance or obscene bonuses for transferring wealth from customer pockets to large financial institutions.

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  9. Caffeinated

    Seriously Fly,
    Here’s a new book for you, that you must consider on one of your many sleepless nights.

    Narrated by Sam Jackson himself::
    http://www.youtube.com/watch?v=JxPMA5U0t7g&feature=player_embedded

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