Never mind dry bulk shipping rates in the gutter. Dry bulk shippers are off to the races, just like the homebuilders, despite fundamentals. After all, the market is a discounting mechanism. Therefore, it is discounting all of the bad news and putting it in the glove compartment, to be forgotten forever–until a cop searches said car of course.
Normally, I wish good fortune upon everyone. I have no desire to strip you of your coin, unless you have it coming to you. I read your comments and feel the vast majority of people here do not deserve to have money. You should and shall be stripped of it!
Good heavens, FOSL was down 5, now it’s doing the Michael Johnson. I guess I was right about that fucker too when I was buying in the high $70’s. The same people who talked shit then, talked shit about LULU, DECK, GSVC, WNR and now the SPY. Generally speaking, and I mean this with the utmost sincerity, you have no fucking idea what you are talking about. It’s hilarious, actually. My colleagues throw mashed potatoes at the screen, rolling on the floor, laughing at your folly. Some of you are the worst investors in America.
You do realize I speak with thousands of investors, right? See, unlike the other piker finance bloggers out there, or talking heads on the teevee, I run a multimillion dollar money management business and talk to some of the wealthiest people in the country. I get a feel for the economy and test the winds through candid discussions. I’ve encountered some truly talented people in my career and some pretty awful ones. By far, some of you are the worst investors I’ve ever had the dishonor of meeting are people from the internet. So many of you are disheveled, unemployed, small fish, trying to skirt responsibilities through trading. Doubly painful, it’s the very people who think they are so good, calling me (chuckle) a contrary indicator, who live on the bottom of the barrel.
This is your wake up call, pal. Get to work.
NOTE: Today’s VXX buy represented 3% of assets.
Just got fucked on ENER…. -80%
The chart didn’t show that one coming.
the price did 😉
Indeed, can’t go down without first going up. Walstreet 101
1.46 last night
Opened at 0.42
No chance to see it coming, all in the Gap.
fixed:
http://www.dailymotion.com/video/xf0rfm_aston-martin-music_webcam
In other news, Allen Iverson is still broke.
Fly do you work with any “celebrity” athletes?
no. Too hard to get.
Any Hollywood superstar, or maybe pornstar???
only men of industry.
Much less brain damage. Most of them don’t have the time to feck w. you all day long.
______
whats your take on gsvc now? there should be at least one more fbok run…
I’m not interested for now. I know a lot of brokers who did secondary who are itching to sell.
Yeah you called me out. So i’m a dirtbag shirking my responsibilities trying to make money in the market. My ultimate goal i suppose would be to become a piece of shit like you with money.
You are without top hat.
Glove Department?
Glove Compartment
A game!
🙂
THAT’S WHAT I WROTE
I should have taken a picture 🙁
A game
LOL
What are you talking about?
The Glove Department is one of the most prestigious NYC Police Department sinecures available… only the seriously polished gold shields get that gig.
A-game!
_________
phuker
TVIX ripping tits. Tip of the hat sir.
Interesting as most every professional or business owner that I speak to does not see what the market thinks it is seeing this election year…
What did they think in March of ’09?
Every person should have the same amount of money all the time.
While that sounds like socialism, I like it! We’d get the same amount regardless of merits correct?
So if I have $1M, spend $1M does that mean $1million magically is returned to me after spending it?
If you spent a $Million is would only be because of necessity, and should be replaced of course.
I just saw the guy with the Fat Finger.
Ouch! That really hurts!
still loving my ZNGA purchase a few weeks ago. Now the question is do I hold into earnings or take my money and run?
I’m holding…worked for my LNKD positions
Looks like ZNGA is making a nice move today. Breaking out!
I read your post and think…This guy sounds like the government.Is He?
Monsieur Fly,
Not that you in anyway need my praise…but fuck it, i’m giving it…I’m a sales guy making the bare bones minimum to live a decent life of foie gras on the weekends(200K)and yeah i don’t know shit FROM shinola(yeah it’s a bit of racist saying)when it comes to investing…this is precisely why i read your blog and get ideas from you and some of your heavy hitters…and honestly, you’ve helped me make a lot of money…So, Merci very much!
-Miles
Dry Shippers had to cut rates below actual cost to move ships from one location to another…not the best biz model imho. The big Capes are dead regarding demand and are still at rockbottom.
When I was in college Boeing had massive layoffs in Seattle. U-Haul paid college students to go out of town and drive their trucks back to Seattle empty.
They really aren’t going to make much money over at the new location either…
You think taking a short term hit for potential long term benefit is bad? Thank God you don’t run any company that I invest in.
hey fly what about GSVC here? looking good
btw: CPSR MUST OWN HERE
LOL – The Bears have got to be loving this dip buying.
There will be No More down days until Nov!
“By far, some of you are the worst investors I’ve ever had the dishonor of meeting are people from the internet.” … at the risk of incurring your wrath, may I suggest that perhaps this sentence has two predicates? (waits for ban)
Missed my edit
Nat gas plays gentleman. The coal numbers show the move is picking up! I think this could move r country forward and create jobs , lower oil.
Hey what do you guys think about CPST??
The fly aka Summers Eve Rep. seems to be back listening to officer Ricky.