Another glorious day in God’s year of 2012, led forward by FOSL, Grossle, Tossle and Vossle. I stand before you a successful man. I like to consider myself one, as I’ve worked to that end for well over a decade and change. The magical things seen in the market today and nothing more than reruns of previous tapes. The game is always the same, only the characters change–in this case symbols.
Top picks: WNR, DMND
UPDATE: Apparently prosecutors are “looking into” DMND’s bribery tactics, which has been well known to everyone for a thousand years now. There is a reason why the stock is trading down here. Nevertheless, I will double my position into this decline, should it stick. The premise behind the investment is valuation, irrespective of this inquiry. This is not Enron, at least I hope not. My apologies to anyone who bought it because of me.
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There’s the closing bell… and “FIG!”
Back on the WNR train again?
WNR goes up and down like a porn star’s WNR. You just have to avoid the down moves and you are in good shape.
Is DMND down huge after hours or is google finance screwing up again??
WTF just happened to DMND after hours?
Have you seen my WNR?
DMND – 16% AH ROFL
Not a laughing matter
laugh now; die later
EK, ENER, UNG
DMND taking a hit after hours.
dmnd
MY NUTS ARE IN A VISE.
What a reversal of fortune.
Hmmm I thought Vise was the wrong spelling, but apparently, it can be spelled both Vice and Vise.
Mr. Peanut will buy to cover.
glad I did not buy, 5min chart was mess
great call on FOSL tough
corrupt nuts ….http://www.minyanville.com/businessmarkets/articles/Diamond-foods-walnut-payments-Pringles-buyout/1/12/2012/id/38822
Best line in that entire story:
“So the question is, what the hell kind of payment could Diamond have given to walnut farmers that would cause this amount of trouble? We are talking about walnuts, not oil. Seriously, the walnut is perhaps the least offensive of all snack food items. It tastes good in carrot cake, but is it not an uglier pecan?”
Feds investigating payments to walnut growers. Maybe buy some Ah?
This is just nuts
if i have said it once ive said it a thousand times.. you cant trust people who sell walnuts
Fly, my dumbass tried to preempt the DMND chart breakout. I had a +3% gain overall in my account today and this shit wipes that out completely. Please let the plebs on here know what you come with in terms of how this actually effects the stock
Eye of the storm. Eye of a hurricane, everything is fine. After being hit. You still have the other side coming!
Of course CDS decline. Added money, as debt, to solve the main problem, of debt. It’s the eye of the storm. Everything is fine…right?…
Remember that Fat Boys song “My Nuts”?
a little early on the successful man post? are you out DMND? ….nasty nutso inquiry…btw did we take a music appreciation class 101? remember k-tel? didnt they do a 100 great classics CD?
I used some of my fresh cash for the following:
HUN
MDR
RES
SXC
Winner of the day … QRM up 26% !!!
ENER = 33% today
pennies don’t count
this was out early this morning on street account
Big shareholders dump positions in Diamond Foods – WSJ (32.69)
•The WSJ noted that two of the five biggest shareholders in Diamond Foods have dumped the bulk of their holdings in the company. The article pointed out that the move comes as the stock has been hit hard over the last few months on concerns about an accounting probe that threatens to derail its planned $2.35B acquisition of Pringles from P&G (PG)
•The paper said that Del Mar Asset Management, Diamond’s third-largest stockholder with an 8.7% stake at the end of the September, now owns just 40K shares, or 0.2% of the company. It added that BAMCO Inc., Diamond’s fifth-largest shareholder in September with a 6.9% stake, has since sold all of its shares.
I hate that when the news dump in AH just wrecks your day.
I am short FOSL, long RBCN, long DECK (w/hedge, because of it’s performance today).
I eat my candy with the pork and beans.
Oh, and something to contribute, stocks I like: FLT, LECO, EBIX, ROP & V!
Double Down on DMND.
Stop at 25.00
I sold half my DMND at 29 after hours. Will wait on the second half. I bought it purely on a pre-emptive technical basis. The first real buy should have been 33.8 but oh well.
The after hours chart actually looks playable above 29.65 lol
fear not – I own no fly stocks… just observing…
and who in their right mind would take any advice from Altucher? He is a sea of misfortune…his book title should be – “don’t let this happen to yo”…or how NOT to be an Altcuher2! Too funny he gets so many readers…english must be a second language to them?
See? There are things to be thankful for…you are NOT James! What a cry baby!
Tape Bombz: heard it on CNBC.
A DOJ fine could be a sizeable percentage of dmnd’s market cap.
Herb Greenberg on CNBC is a chump shill for short fund managers and has been for over a decade since he was writing for the street.com. I don’t mind critiquing of situations, but this punk bitch gets off the phone with some manager who is short a stock up to his eyeballs, gets on TV with “breaking news” and CNBC lets him get away with it. It’s pathetic.
that DMND shit really is humble pie, had one of my best days ever then saw account was down at the end… so non-hetero
No kidding. What makes it worse is I somehow got a double fill and bought twice the shares I intended. Most of my gains for the year are currently gone. FML.
Greenberg or Cramer? who’s the bigger takin it up the asshole? you feel stupid on DMND? Cramer hated AAPL at 360 a couple weeks ago…now he’s on the air getting the Bakken and Shale guys still wrong… screaming from his shrill bought obnoxious fat gut.
I agree, both Cramer, Greenberg and the rest are full of shit. They’re completely disingenuous. I’m not even in DMND, I just think the crap CNBC gets away with is criminal.
Just turn off the G.D. TeeVee.
the fly is god. a true gentleman.
the cocky fly is not very likeable
Pray tell me, how may I curry your favor?
when a member of DMND audit comittee is killing himslef I stay away… they may or may not be a fraud… lots of better stocks to GAMBLE on
peeps off themselves all the time. who doesnt have a relative that voluntarily cashed out?
I tend not to buy stocks under investigation that have audit committe members killing themselves.. thats just me … 8000 frickin stocks to choose from … its may go to 40 but its a high risk high gamble play… why touch it ????
full disclosure i own some dmnd. just sayin suicide aint rare and the news was known. actually agree with everything you just said.
What are you afraid of, losing money?
Alright!
and at risk of ban…which I will completely understand (short of u guys looking to keep this “subjective”)
Long WNR ??…here ? ….now?? – perhaps you are looking to throw the odd loop/twist to your daily ‘college readers’ – and who knows….maybe even enjoy it! – no thing to me Fly.
Just that….hmmmm…lets see….world indices (Whilshire) at near term tops…WNR at massive horizontal level of resistance..(15.13 ish and 200 sma clearly angles/pointing down)and oil in general falling outta bed today?
Anyway….for newbies ouch – trade on your own observations – FLY does what Fly does.
I lost my azz thanks to you, Fli’
FOSL is so ripe for picking, in my humble opion.
They are sure talking smack about the Fly and FOSL over on Stocktwits. What gives?
Can we talk gold and TLT? While gold was enduring its meltdown, Fly, you said you would know when to buy by looking at TLT.
Gold has made a nice run, while TLT has been basically moving sideways and the BBs are now tightening into what looks like a potential voaltility squeeze. Has your thinking changed re: your correlation of gold and TLT?
you take huge risks playing manipulated stocks unless you’re an “insider” and unless you’re an insider consider yourself the sucker in the room. That’s why there are so few billionaire traders versus investors.
Would have never played DMND had I known this wild shit. Thats the price of being a pure technician I suppose
no need to blame yourself son.i started my position well over 9 sessions ago,already knowing damn well what the story was about, that they were paying “bonus’s” to their growers. PFFFT, SO FUCKING WHAT ! and what’s illegal about that,NOTHING ! lets do some comparing here, whats the difference between dmnd,or the fact when yuz all got to wmt to shop for damn watermelons,guess what,the demands made to all farmers by wmt are oppressive to the point that those farmers are in essence owned by wmt,do those farmers get a bonus after being slave owned by wmt, I DONT THINK SO. besides these nut farmers can sell their crop to whomever they see fit. look at the float,check out the total size. not fucking many,so it could be real easy for 3 companies that owns shares in size, be able to consume most of the company. so now these big holders are asserting some kind of shenanigens because these farmers received a bonus,what about these very companies that own so many shares,dont their undeserving ceo’s take bonus’s. fuck those large funds.compare this situation to the ipsu situation.i would love to argue both. dmnd is a buy,and all those shares will get absorbed,now look at wmt float,try absorbing that pos.