You’re all a bunch of pussies. What’s to worry about? Are you scared Greece will leave the EU and cause a domino effect in Europe, shattering every single bank to little pieces? PFFFFFF. You know that shit won’t happen. You also know “The Fuckbook” just lost $40 billion in market cap over the past week. There can no longer be a discussion, asking whether Margin Stanley is being guided by criminal elements. More than that, it’s the VC’s who are to blame, the butt-fuckers who kept upping the valuation of FB in the private markets, through ponzi scheme financings, knowing they’d one day get liquid on unsuspecting sanitation workers at E-trade.
Accel Partners (assholes)
Digital Sky Technologies (Moscow based bucket shop)
Peter Thiel (this fucker is King Ponzi, investor in all social media bubbles)
The above assholes are just three of many assholes who helped rape the US investor, via INVERSE QE, slapping “The Fuckbook” across the faces of school teachers at E-trade at an outrageous 26x sales (102 BILLION mkt cap).
Moving on: Italy had a bad bond auction, mainly because people would rather piss on them than put them in their safe. US and German yields are hitting record levels. For us, this is fantastic. We can spend all of the fucking money we want because it’s practically free.
I am going to condense everything for you in a few thoughts. Europe is not allowed to fail. There is no such thing as whole continents failing. Moreover, policy makers are keenly aware of the issues and are waiting for the right time to melt off the faces of those who are betting against them. Look what they’ve accomplished in recent weeks: commodity prices have plunged and demand for US, UK, German and French bonds are at record highs. Very soon, they will flip the switch and bail everyone out with some sort of Euro-bond guarantee. When it happens, everything will go up. And, don’t forget about the Chinese. Those clever fuckers will punch faces and dicks off until their economy grows at 10% again.
Until then, I sit in the dark eating sandwiches with savage nobility.
http://youtu.be/t4A29uG0KBc
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Sweet deal I wonder how many peeps will close the fb acc because of the constant rapping?
The Germans dont give a crap… thats the problem. What are they going to back the bonds up with?
The Germans are not going to do it.
If the US steps in its political suicide for the big O. So who then the FED?
Its just more can kicking, the systemic problems are not going away and more lending will just make it worse. I for one hope they let it explode and just start over.
This is not about politics, and Ben could give two shiites (sic).
Fly is right, when it is the darkest they wil sterp in, just look at Ben’s history. I just don’t think we’re there yet.
Ben will use the excuse that this is to save the global system again, and blame it on the Euro Trash. In fact, he needs this crisis to print, and he will not be alone. The next intervention feels like it will be a nuclear one, with all CBs involved in a major way.
Peter Thiel is an original investor in Pay Pal, investor in Space X (which is replacing NASA launches at 1/10 the cost) and is an investor in a pharma company using DNA to combat individuals’ cancer. He is not a social media bubble investor although he was a very early Facebook investor. He sold only 42% of the FB stock his funds invested.
M. Le Mouche, you should get to know Peter Thiel.
Fuck Thiel
Thiel passed on Yelp. Said it was for small brained pussies (no offense).
Indeed. Overnight Merkel will fart. Aroma will be judged to be “leaning pro-Eurobond”.
SP futures will be +8 from -22 in the AM.
10 yr to 0. Buy everything with borrowed money.
what a fucking pleasant tape.
“… I sit in the dark eating sandwiches with savage nobility.”
That is an inspired, and funny as hell, turn of phrase.
Fuck this shit. Off to take a nap
The central planners grand experiment is blowing up in their faces. They destroyed capitalism to maintian their power but only created a bigger mess.
YOU CAN EAT MY SANDWICH FLY IF YOU KNOW WHAT I’M SAYIN
Shit’s Fucked! Sell everything in your portfolio, buy canned goods and ammo and exchange all your fiat for physical…lol
Greece doesn’t need to leave the EU. They just need to default on their debt. And stop getting Euro subsidies.
Nice to see that amid all the bum news and sarcasm there is the dignity of Twitter to drag our minds to a new level:
Anonymous ?@YourAnonNews
Gay marriage is legal in 6 states, but having sex with a horse is legal in 23. America, land of the horsefuckers.#OpStopTheBullShit
Retweeted by Scott Bleier
I find shit like that amusing. Don’t you?
No
You must be a Horsefucker then?
ROTFL
hahahaha
lmao
It’s “equine love” Scott, not “horsefucking.” So crass.
I’m not judging anyone, here, on this thread.
Queer marriage supporters and Beastfuckers, you only further my minority rights as a hopeful citizen HOPing for CHANGE in Polygamist’s rights!
A model wife; an athletic wife; the wife-Chef for the kitchen; my European Suite of Wives; one from the Middle East, the Eastern Block…
…the…
…. list…….
…. keeps …..
……….going…
If you own a horse why cant you fuck it? If some guy or girl wants to its not hurting me any? dont get it.
If you think about it… Greenspan was right when he said buying adj rate mortgages would be a good idea. Just look at the 10yr.
Fly, same was said about Mexico in ’82. The market couldn’t rally until they actually did default and the ‘cover on the news’ short squeeze sparked a real rally. Until real resolution, I think this is a day traders market that will blow a hole in my p&l if traded.
If you think about it… Greenspan was right when he said buying adj rate mortgages would be a good idea. Just look at the 10yr.
(Had repost – wasn’t logged in, need my iBC money)
Yelp is just horrid.
Wow! Fuckbook is up on Today yet YELP is shitting the bed.
Not anymore…
I’m scared because my ass is being gored daily (no homo).
I’m not scared, but I would be happier if every fuckhead in Europe would stop shitting themselves when Greece election surveys are released.
It’s God damn Greece, people. They mean nothing. Never have, never will. Let ’em fall off the earth we won’t miss them one bit. And if you lose a few billion in worthless bonds, fuck you too. It’s not like you haven’t had three God damn years to unload that shit.
The pure disdain, bile and hatred I have for those sorry shits knows no ends.
http://www.youtube.com/watch?v=PqKq_kGEtkU
Hey Fly,
At some point, you need to accept the fact that you ROYALLY fucked up with buying YELP at ridiculously high prices and then chasing the huge losses by pressing your bets. The 60 min charts were as ugly as ugly can be and you kept buying…despite TA clearly showing it was a suckers bet to buy the bearish setup. You let your emotions take hold of that trade andthatis your problem. Now you are suffering the consequences as YELP continues it’s fall in to the abyss. You’ll merciful go up 50% just to break even. Face it, you fucked up big time and those who chose to stick with the short setup are shitting all over your face with a smile. Your lashing out each and every day reminds me of a kid in grade school…he was a sorry little fuck. Don’t look now but YELP is down another 7% this morning, genius :-).
Enjoy that nap 🙂
Couldn’t have said it better. I have been short YELP from $23.84 and have not covered a single share yet. You are correct re:the charts and they will tell me when to cover. YELP is going lower first. Even good traders can let emotions bite them and Fly is a good example of that.
Three letters for you, ingrate:
FTK
Learn ’em, live ’em, love ’em. The Fly caught so much shit over his outrageous FTK position it was unreal. Every day some idiot like you would come on here talking shit as FTK smoldered in the low $1.00 range.
The rest, as they say, is history.
YELP will be trading at a dollar once the cat is out of the bag with regards to how they make their money. You can’t extort money from businesses and expect to get away with it. Pay us and we’ll move the negative reviews to the bottom…don’t pay us and we’ll make sure negative reviews are at top. What a crooked business model. Glad to see it go down in flames!
actually that is how i first heard of yelp. my network of food bloggers and online reputation managers have told me so many shady things going on at yelp. they are like the chinese, russian, italian mafia
both the site owners and the reviewers
There is enough anecdotal evidence out there (including my own personal experience nearly identical to what you describe here) to suggest that this really is the way they have been doing business.
Nevertheless, they are still the only game in town, so they have that going for them.
They can only play the extortion game for so long. Legal Backlash is forthcoming. That’s a fact. The word is spreading like wild fire about their crooked way of doing business…a company lime that does not deserve a billion market cap. I hope the shorts slam it to a dollar.
Honestly, I don’t give a fuck about the share price. I might trade it if I see a pattern that I like and would like to see people get out of this hole…but if it goes to 100 or 00.00 is immaterial to me.
My gripe comes as a small business owner, whereby I feel their methods of doing business are total bullshit.
Huh?
I think my thoughts are pretty clear, on the matter, no?
I have been a part of their “creative extortion” process that jams up businesses that choose to not give them money.
If they want to charge a fee for a yelp listing, great, I have no problem with that.
Just don’t have some fucking hack repeatedly harassing me via the phone on a weekly basis trying to sell me some fucking horseshit that I don’t need nor want and then when I decline their “offers”, have the positive reviews for our business mysteriously ‘disappear’.
Does that clear things up?
O..k I think, sounds like you’re a generation y’r, flight on with Ur biz mang.
My apologies for the terse reply…it’s a touchy subject.
Mr. Feldman, Mr. Renquist, way to announce your call AFTER it plays out. Listen, rookies, that’s not how it’s done here. Make a call, place your balls on the chopping block. You don’t proclaim gains without first making the original call. The Fly has literally given out thousands of correct calls on this site since 2007. Where were you to thank him for all those ballsy calls whilst the market was caving daily in 2008 and 09? He saved our asses during the toughest of markets. Show some fucking respect, trolls.
There was absolutely no need in this comment, as the Fly has always been open about all his trades, right AND wrong. If your point was to show how smart you were in comparison, you should start with posting your positions and trades in real time. Then we’ll witness how you are as a trader.
Dear horsefucker, YELP got dragged down by the unforgivably botched $FB IPO, not because they suck.
Yelp sucks.
imo
Your $vhc from the other week is trucking higher
sauvage noblis: http://goo.gl/jbMIZ
And concerning the $YELP talkers, you’re the epitome of a shameful, zombie-spewing bastard for attacking from shadows sans performance disclosure.
scared money don’t make money, sir…
I’m gonna be placing puts on SPY today. Enjoy your day gentlemen. It’s going to be a sweet gangbang in the markets today.
LeFly, can you hire V.King after your next summer-position-sabbatical ? Sounds like you’re prepping for the move???
Not being nosy, but am interested in more sound guidance from the V.King.
Grandpa stocks are still kicking. $WMT going for its 9th up day in a row.
Thats what your mom said after I raped her.
Nah. You are more my Uncle Charlie’s type
Is that you Dad?
Fly do you ver go short ? You seem to go only long . We might be making new lows soon.
Fly, you might want to take a look at this, breaking this morning:
http://googleblog.blogspot.com/2012/05/localnow-with-dash-of-zagat-and.html
I think Josh’s YELP comment was in reference to Fly disregarding the bearish charts on YELP and buying blindly because he thought SM was in it’s infancy, etc. A good trader always listens to the charts and not what his emotions tell him. I shorted YELP above 23.50 mark where there was a line in the sand to short. YELP’s chart is still horrific and nothing bullish about it whatsoever. Will stay short. Blast away if it makes you feel better. Regards.
That’s horse shit. If you’ve followed The Fly over the years, which you haven’t, you’d know he has proven that you can consistently win whilst throwing hot slices of pizza at the charts and the people bringing him the charts.
Im sure it’s possible , but seems like he goes into hope mode . Once he loses he hopes it goes higher and buys more . Then it goes against him again , I don’t think he should just totally dis regard the charts.
I wish I had shorted YELP…
testing..
scared or stupid… that is the question
This thread is no more than horsefuckers gone wild up each other. Get a grip boyos. Beat your bone in solitude.
Screw it, bought slv.
Fly, I still see a perfect storm which the Clams can’t act. Yesterday’s rumor about China messed with my head a bit, but now that is dismissed..I don’t see anyone able to act until Mid June, and that would just be IMF and their “War Chest”.