Shares of GSVC are taking a hit today, down 5% on no news. Although I am annoyed by the decline, I am not surprised. There are 3 million shares in the fucking float. You get 2 or three guys near the Jersey shore selling the stock in order to finance home renovations and this is the result. When I bought the stock, I told you the current price was irrelevant. I am in it for the story, the glamor of it all.
I am not adding to the position for two reasons.
1. It’s going down.
2. It’s too thinly traded.
I sized this position so that I could trade around it, make up losses elsewhere— if need be. And, most importantly, make sure it wasn’t too big, in order to avoid converting my position into a roach motel, where only fucktards get to sell into the bidless ether. My attitude is let it come in and let’s wait for the story to develop.
In other news, FLS is getting hammered. I’m always interested in FLS. I would like to buy some sub $97 if possible.
CLF made a decent recovery. And, DECK is trading with the jitters ahead of earnings. Remember, Q2 is their light quarter. Don’t expect fireworks.
Until the debt ceiling shit is resolved, I will continue to throw hot slices of pizza out of my window, at the pedestrians below.
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Fly is always right after 3 month !!
Correct. My winship is like a timebomb.
Ticking like a time bomb: http://www.youtube.com/watch?v=-CmYTWKpqXE
Not throwing “D” batteries out the window? Is that for teenagers?
TLB is on a tear, throwing deer urine on the homosexuals in the perfume department at JCPenney!! I’m already up 10% in under two hours.
How odd… I never realized the full name of the company was “THE Talbot’s.”
Sort of like “THE Ben Bernank.”
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It was started by husband and wife (the Talbots) in your alma mater’s state, then sold to General Mills, then spun-off and acquired by Aeon, who then turned and took it public in ’93. I’m guessing it picked up the “The” corporate title addition in some kind of holding company bullshit through its evolution.
I didnt know that ticker so looked it up and was going to post the same realization but with “The Goldman Sachs”. Hmmmmm indeed.
Thanks, Fly, for explaining to us how GSVC can have big changes in price when there is almost no volume on it.
Shouldn’t the speaker of the House… be a good speaker?
If he’s not crying, he’s choking on his own spit. No?
You misspelled what he’s choking on (and full of).
There may be some nebulousness here but there is total clarity painted in the comparison of shoe size to IQ.
Not so good without his teleprompter…oh wait, he doesn’t use one.
Though he does remind me of ‘The Smoking Man’ from the X Files
you sure their not turd burglers?
Days like this are so painful!
There is nothing going on, no action, no movement…the only thing that can happen is you trade yourself into the poor house via bad decisions and impatient actions.
Just ring the bell already and let’s come back tomorrow!
here we go…. lower lows
Fly …. Thnx for BPFH … In @ 6.04 and out @ 7.09 … Gracias!
I like SU for the bounce play tomorrow. Without a bounce tomorrow the market will be sucked dry for the next month.
And here is the problem with a day like today…perfect opportunity to buy back into TZA earlier, didn’t do it, now it’s back in the green…if this thing melts quickly there’s a ton to be made…if this is just a fake to lure people short, it will suck.
I really would like to be short ahead of GDP tomorrow and the non-debt-resolution-weekend, but just can’t believe it’s that simple.
This is ugly:
MOODY’S PLACES Aaa RATINGS OF 177 U.S. PUBLIC FINANCE ISSUERS ON REVIEW
FOR POSSIBLE DOWNGRADE DUE TO REVIEW OF U.S. GOVERNMENT’S Aaa RATING
162 LOCAL GOVERNMENTS, 14 HOUSING FINANCE PROGRAMS, AND ONE UNIVERSITY WITH
COMBINED $69 BILLION OF DEBT AFFECTED
Scratch Moody’s, pencil in “Warren Buffet.”
Then scratch Warren Buffet, and pencil in “Family Office Soros.”
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