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
23,445 Blog Posts

GET SCARED, FUCKER

The market is about to kick your teeth in. The Greek deal is now in the rearview mirror; let’s talk about European GDP. Oh, wait, you don’t want to talk about European GDP, do you? Perchance, would you prefer to talk about Portuguese debt?

As an aside, China announced they will be giving subsidies to LED manufacturers, which is particularly bullish for CREE and maybe LEDS.

Here are the terms, swiped from a government website:

1) The bidder must be legally registered in China and have certain design, production and manufacturing capabilities. Annual capacity must be at least 30,000 units for LED street lights and LED tunnel lights and at least 200,000 units for recessed downlights and PAR lamps.

2) The bidder must be an independent legal corporation with registered capital of at least 50 million RMB (US$ 8 million).

3) The bidder must have strong R&D, quality management systems and advanced manufacturing processes.

4) Over the past two years, the bidder cannot have had any commercial disputes arising from quality issues or any litigation involved in the production and supply of LED products.

5) The bidder must be in good financial health.

6) The bidder must have good after-market support.

7) The bidder must meet the National Development and Reform Commission’s LED technical requirements and product certifications.

8) The bidder must have the right to use product trademarks.

9) The bidder must comply with relevant national laws, administrative regulations, and have a good reputation and honest business ethics.

10) The bidder must purchase tender documents ($500 RMB, which includes electronic documents).

11) The bidder must attend opening ceremonies (dates, times, and locations are all provided).

Separately, TIF’s new jewelry line–RUBEDO–is being well received, worldwide. Prices range from $200 to $8,000, for a little eccentric piece of rose gold, lined with silver. Mrs. Fly might call it “so awesome and amazing.”

Let the games begin, and please do act responsibly. “The Fly” is embedded in mirth, for he knows what you only dream of understanding.

If you enjoy the content at iBankCoin, please follow us on Twitter

35 comments

  1. clegger_2000

    PCLN removing moustaches…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. The Fly

    How’d that fucking emotioncon get in my post!?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • clegger_2000

      “The bidder must attend opening ceremonies”

      What to wear what to wear…

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • Reader

      I surmise that your software automatically converted “8 )” to a smiley. face.

      Not sure I’d like to be your web developer this morning….

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • Dan R

      Thats how you make a (cool) smiley when you put an 8 with a ) behind it.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • ecchymosis

      The Singularity is here?

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • Trading_Pymph

      That’s because it always makes us smile when China and trademarks are mentioned together.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Trading_Nymph

        Yes it does, but China Govt is also going to include a 20% pull back in energy use in their 5 year plan…Steel, etc is wasting too much. This is Chinas way to slowdown, they use pollution controls to control industries.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
    • The Zombie

      HA!

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • rickybobby

      you mean emoticon? just sayin’ 8)

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  3. Mike

    wnr getting clown raped…missed the number….hope the conf call goes well

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. older than dirt

    This fuckee is scared. Late buzz from Washington – “The Obama administration’s proposed defense budget calls for military families and retirees to pay sharply more for their healthcare, while leaving unionized civilian defense workers’ benefits untouched.” Time to double short the U.S. standard of living.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • macpatton

      Aerospace workers have been paying more for healthcare year after year. Currently it is $512 a month for mediocre coverage at RTN.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  5. Rat f

    8)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Rat f

    8)8)8)8)8)8)8)8)8)8)8)8)8)8)8)8)8)8)8)8)8)8)8)8)8)8)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. Rat f

    8) 8) 8) 8) 8) 8)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. drummerboy

    what a wonderful way to give back meaningless dollars to outside companies for high quality products that they ,the chinese cant copy.now, who says the chinese cant play fair. top hat and tails required….. i want to see a chinaman in top hat and tails,with white gloves,and a mahogany cane with carvings and gold on it. and tell me he’s a gent with all of the eleven prerequisites.lmao

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. JTU

    Nothing to fear!
    Consumer confidence hits 52 week high!
    Yey!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. wilmer

    AIN’T SKEERED FUCKER

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. macpatton

    Are you adding to TIF?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. Dog

    Your “A Fine Day at Le Office” post with the classical music reminded me of Silence of the Lambs. Then all of a sudden I see Chess’ post on the actually movie. Now you are eating livers…LOL

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. FIG

    The hyper-inflation trade is back on, big time Motherfuckers. Silver is running like Forest Gump.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. Mike

    Wnr coming back….good CC…debt reduced…very low P/E…this bitch should rip tits!!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. older than dirt

    Le fuckee NOT scared with QPSA belching and farting its way up 4.7% this a.m. Si senor, ees neat sheet.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. JakeGint

    Those are some very large letters in that title, Monsieur.

    _____

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Stan

    CPST, VXX and TZA all cock-gobbling today.
    I own all of these and it is making me one “scared fucker”.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. Joe

    Quick side note, every high end customer that we service in Westchester has been switching over to Leds, and specifically all renovations lately have used Cree for the affordability compared to other shithole home depot products.

    • 0
    • 0
    • 0 Deem this to be "Fake News"