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

Curveball

Does anyone else find it reprehensible, aside from me, that Congress is suing Roger Clemens for a second time for perjury, regarding steroids? These fucking lunatics have nothing else to do than fuck around with professional athletes, yet how many bankersters are still on the loose enjoying life? If convicted, Clemens faces 30 FUCKING YEARS IN PRISON. Also, did you know there is a bill in Congress that will restrict travel for anyone who owes the IRS money? Say hello to the full fledged, in your face, version of authoritarianism in America.

Futures are sharply higher despite weaker than expected housing data. But no one gives a shit about housing. We’re fixed on iPhones versus Androids, while laughing at the Canadians for the Blackberry.

Truth be told, I didn’t expect the market to climb today. But the Spanish bond auction went better than expected and Euro-trash shares responded favourably. It appears FSLR is laying off 2,000 of 7,000 workers. What a mind numbing decline from grace for the buttfuckers at FSLR.

Lastly, CPST caught another sizable oil and gas contract. Don’t look now, but CPST now gets about 60% of its revenue from the oil and gas industry. This is a turn around story; but none of the anal workers on Wall Street are paying heed.

Well pay heed fuckers. I will gladly accept the extra coin allotted to me this morning.

http://www.youtube.com/watch?v=5S-TK-AMQgc

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59 comments

  1. figesmalls

    first

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  2. leftcoasttrader

    If congress was able to legally profit from insider information on steroid usage amongst baseball players, you can rest assured that nothing would get done about that either.

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  3. NoStripedPolos

    I can only buy one: CPST or GLW for long term hold. Thoughts?

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  4. Yabollox

    Having just written a large check to the, “United States Treasury” I think fuckers who don’t pay their taxes should be stuck at home until they do.

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    • The Fly

      Yes but this sort of law can be twisted. Don’t you see that? Give the govt the power to keep people in the country, we are no different than N Korea.

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      • FIG

        We never were any different than N. Korea. The difference is that N. Korea is a nanny state to China. They have no real economy of their own, so the government has to clamp down to keep people in check.

        While in this country, we have had prosperity. Once the prosperity ends, we will be in the same situation as N. Korea. Only difference is money. When they people are prosperous, the government can afford to let people be, but when things turn sour, the government does what it needs to retain power.

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        • drummerboy

          that can be said of companies that have rank and file.when shits busy,all is great.when shit slows down they nit -pic employee’s like asshole’s do.no different.

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        • noodleboy

          “we never were any different than N. Korea”
          You realize you just said that right?

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      • drummerboy

        didnt they make a movie like that.escape from new york. but you looking for new digs,your movie would be, the “great escape” from new york.

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      • Yabollox

        Don’t let them buy an airplane ticket unless they pay an equal amount on their taxes owed. And perhaps they should not leave the country. They could be leaving to avoid taxes owed. I have no sympathy .

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        • Raisincane

          Fly away. Roaches check out but, they don’t check(back) in. Better solution.

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      • Montrose

        Precisely, and once given power of any kind, governments do not give it back. Anyone sanguine about such matters hasn’t thought it through.

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      • Dave

        Congress should be limited to how many bills they can pass a year. We should tell them they can enact 20 new bills a year.. That’s it!

        It’s really becoming quite a f*cking joke how many laws we have in this great Country.

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        • razorsedge

          yea they should make a law about that,

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        • Yabollox

          If you want the benefits of citizenship, I think, one should take care of their responsibilities as well. We can’t really choose which laws to obey. That would lead to anarchy. If you want to dispute your taxes that’s fine, there is tax court and many options for doing so.

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  5. Frog

    LOL, people like Geithner could not leave the country.

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    • wilmer

      Nonsense. That guy could do damn well whatever he pleases. He’s part of the system, not under it.

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  6. wilmer

    50,000 may not seem like a lot to some of you but that is just an arbitrary amount. When it starts there who’s to say they won’t keep lowering the limit or do away with it entirely in order to limit an individual’s ability to travel? Shit like this is infuriating. Our Founding Fathers would be rolling in their graves if they new we had thrown off the shackles of royal tyranny only to replace it with another form.

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  7. heaterman

    There is a method to this madness. Do you realize that if you owe Fannie/Freddie for your mortgage, you owe the IRS? How many citizens does that encompass?

    It’s pretty simple people. The more degenerate and immoral the inhabitants….. (can’t really use the term citizens because that implies someone who cares)…. of this country become, the more frequent and drastic the laws become to keep some semblance of civility and peace.

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  8. Yabollox

    Agree on the Roger Clemons sideshow.

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  9. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Thank god, a little relief on this ginormous GDX position.

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  10. Trading_Nymph

    I am a bit surprised with this rally this morning so far too. Draghai gave us nothing, all talk about shadow banking. India suprised us with a Rate Cut, with their inflation problem they are hurting if they have to cut. Yeah, Spainish went ok, but EFSF auction was weak. Bank of Canada left rates the same, but some see statement as hawkish and sold off hard the usd/cad, which goes to MY FUSTRATION of the week, WTI Oil went as high as almost 105 with Brent still getting weaker..Also, my cheap ass Platform seems to be messing up today, On advance-decline volume on Naz, I actually have a neg reading..I know that can’t be right..sucky day so far for us bears.

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  11. DJMarcus

    what you think about the last few weeks being a bear trap? many names have been killed and look to be bouncing solidly

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  12. GOODGREED

    Why is Major League Baseball the only business exempt form anti-trust laws. Congress is full of fucking jokes who are fans of baseball.

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  13. Gravestonedoji

    I’ll wager Corzine fairs better than Clemens at the hands of blubbermint fucktards.

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  14. pyromonoxide

    I think congress is good in terms of keeping more people out of organized crime (they are in congress instead). It’s easier to keep an eye on them in congress. A public organized crime forum if you will.

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  15. Big Bird

    I actually feel more comfortable with Wesley Snipes guaranteed to be in the country.

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  16. Jon Corzine

    Ball player? He should be drawn and quartered – lying SOB.

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  17. Artistic Analysis
    Artistic Analysis

    Fly, how did you find CPST? I understand you’re reasoning on it based on previous posts but how did you come across it in the first place?

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    • razorsedge

      he was looking to generate stock ideas.

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      • Artistic Analysis
        Artistic Analysis

        I know that… I know I stumble across new stock ideas all the time.. I was more curious if it was just luck or if it popped up in a screen or something.

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  18. Yabollox

    CPST was a Cramer fav 5 yrs ago.

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    • drummerboy

      you mean cramer stole it 5 yrs ago, asshole wouldnt have known about chu if i never opened my mouth. roflmao.

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  19. drummerboy

    dltr is rockin, calls r up 14% today, and close to 300% since nov. on the hundo roll.

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  20. Randomness

    I am sure Le Fly and Mrs Fly have overseas bank accounts and are ready to escape at a moments notice.

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  21. Josh

    Where do you see CPST going or what do you feel is fair value? I see target price is 2.31 on yahoo. Thanks for your consideration.

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