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Dr. Fly
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
23,433 Blog Posts

Fly Buy: VMW

Dr. Fly Wed Sep 7, 2011 12:46pm EST 13 Comments

I bought 10,000 VMW.

Disclaimer: If you buy VMW because of this post, Carol Bartz will be hired as new CEO of VMW. And, you may lose money.

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13 comments

  1. Scott Bleier
    Scott Bleier
    September 7, 2011 at 12:48 pm

    Just watched the original Karate Kid with the kids. Much better than the new…Wax on…

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    • The Fly
      The Fly
      September 7, 2011 at 12:55 pm

      The new one wasn’t nearly as bad as I thought it would be.

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      • TraderCaddy
        TraderCaddy
        September 7, 2011 at 1:02 pm

        A little bored are we?
        I’m watching the Indians-Tigers, Yankees-Orioles (1:10) game on my MLBhd on the laptop and listening to the Rays-Texas game on the radio all at the same time.
        My idea of multi tasking.

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  2. ecchymosis
    ecchymosis
    September 7, 2011 at 12:50 pm

    Wouldn’t you also lose money if Bartz became CEO of VMW???

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  3. Blind Read Ant
    Blind Read Ant
    September 7, 2011 at 12:51 pm

    Ouch. $YHOO earnings calls. Excuse me, while I go find my pitch fork.

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  4. The_Real_Hmmm
    The_Real_Hmmm
    September 7, 2011 at 12:57 pm

    Bartz has some pretty hilarious quotes from her CEO days:

    Bartz was quoted to have said that she would “drop-kick to fucking Mars” employees who leak to the press.

    In May 2010, Bartz was involved in a verbal confrontation with internet tech blogger Michael Arrington. Arrington started the interview by asking Bartz, “So how the fuck are you?” To which she responded, “Is that appropriate?” Later in the interview, Bartz became perturbed with Arrington’s criticism of the Yahoo! business model of conglomeration rather than single revenue source producers. Bartz then responded to Arrington saying, “you are involved in a very tiny company” and ended the exchange by telling him to “fuck off.”

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  5. kedzilla
    kedzilla
    September 7, 2011 at 1:00 pm

    HAHAHA laughing out loud at the disclaimer at work. That is phenomenal.

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  6. The_Real_Hmmm
    The_Real_Hmmm
    September 7, 2011 at 1:24 pm

    MTG posted good news with cures rising and delinquencies dropping. Briefly looking at their cash flow reveals that a significant portion of their income is derived from their FI portfolio and other investments, as it with most insurers. I’d have to look at their 10-K to see what kind of shit they’re holding but consider this: if mortgage delinquencies are cauterizing, cures are improving, QRM is avoided (see Elizabeth Duke speech), and equities/FI improve, these worms (RDN, GNW, MTG) should turn.

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  7. xxxHuggieBearxxx
    xxxHuggieBearxxx
    September 7, 2011 at 1:29 pm

    Honestly, let’s face it…this is a bad day to be a bear. Our Ursus brethren are taking a shellacking the likes of which shall haunt them at least until the next meltdown.

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