THE FUCKING FACEBOOK DID IT!
“Blame the fuckerberg for everything.”
Several months ago, while having a fireside chat, I proposed the idea that the markets would plummet immediately following the Facebook offering. Some of the gentlemen at the conference were so disturbed by my comments they picked up their top hats, put down their glasses brimming with brandy, and left. Well, post Fuckbook offering, I think it’s fair to say the market is fucked.
Is it merely a coincidence?
I think not.
I bet the fucking Germans are spreading their delusional messages of austerity on Facebook right now, as you read this!
Look, Rick Santelli is a fucking demon. He’s an evil Tea Party guy, with insane ideas and a stupid grin. Don’t get me wrong, I kind of like the guy, but would have no choice but to kill him if I was in a position of power.
Moving on. I am so glad that I sold my fucking house in favor of another. It’s a wonderful time to sink 100′s of thousands of cold hard cash into a depreciating asset. Also, I can’t wait until Mrs. Fly starts to hire contractors, all reviewed and screened through ANGI.
In closing: The Social Media debacle is upon us and Greece is nothing more than a shit bucket at the side of the swimming pool. If you are reliant upon VC cash for your trash, PREPARE TO FILE BANKRUPTCY PAPERS.
36 Responses to THE FUCKING FACEBOOK DID IT!
Eat a donut – It’s National Donut Day
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I haven’t had a donut in 10 years.
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in New York you can have a donut, but not a large soda. go figure…
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maybe they will limit us to one donut at a time. bloomberg “they dont understand it yet”. apparently us ny’ers are fucking idiots compared to the all mighty bloom
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well his net worth is about 100,000 to the 2nd power greater than mine, so there might be something to your logic
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I think Bloomberg wanted to get the subject on everyone’s radar and he has been hugely successful in achieving his goal. It’s less about the law because he is surely aware that anyone who wants a large can buy two smalls and ingest the same amount of sugary beverage that he wants to prevent us from ingesting.
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Tea Partiers are awesome. They get a permit, hold their rally, clean up the park and go home at the end of the day.
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Just signed a house buy deal last night at midnight here too…. But thankfully the property market here in Toronto seems fairly solid…
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You just bought into a bubble.
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Agreed. Supported by extremely low interest rates. If interest rates were allowed to rise to their natural market levels, housing prices would collapse in vertical fashion. Even with these low interest rates, housing prices will drop as the economy sinks into the abyss and credit/liquidity dry up.
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“natural market levels” I love how profligate this phrase has become, especially with respect to interest rates. Pray tell, what is the “natural market interest rate” at the moment?
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Toronto has room to go
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lots of people said the same thing in 2006 or about 25% higher than we are now.
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Omen, what’s the range in Quebec? Montreal and QC?
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Master Fly,
Do you like gold and silver now?
Yes, still long AG, 10% holding.
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nein nein nein – gsvc update
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http://www.youtube.com/watch?v=xoMgnJDXd3k&feature=related
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No interest in GSVC.
It’s over Johnny.
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oh, I was just giving my update on the price. #999
not over for me. took a loss on the way down, got back in yesterday. the risk reward makes sense here, its trading below cash levels. implies its investments are all marked at 0. or I could be completely off. I’ll take the risk
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haha…good one (the Rambo/Market Action Theater reference).
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does anyone know what happened to Notablecalls.blogpot ?
that site was pretty good
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From where I sit, it’s still up, but it was last updated April 18, with a note on FSLR.
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ANGI doesn’t screen their contractors….
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KGC
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but I will say you had it right for the trade fly.
buy while the hype was stirring, then sell into the mania (pre fuckbook ipo).
oh well, c’est la vie (no french-homo)
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KGC is saving my ass today.
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stupid grin…i
“Don’t get me wrong, I kind of like the guy, but would have no choice but to kill him if I was in a position of power.”..
OMFG(as DT would say) that is funny!!
*scratch that ‘i’ there..
oops
Relevant: http://i.imgur.com/rLGSa.gif
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Maybe ANGI could screen some of Morgan Stanley’s IPO’s
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I mean you could be right or wrong but why go crazy over thinking nonsense. Just read the charts , they will tell you everything. There is a million different reasons why the market went up and down. The charts just take all those reasons and shows you without going crazy.
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Frickin hilarious Fly.
Keep it up.
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Will my October call options on Yelp be taken off of life support?
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Doubled down. Same pattern of PM dipping the day before a wash out of the general market.
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Does anyone out there agree that the FB failure was due to the market melting down at the time?
If it launches in Feb. it would have been a success. Personally I think FB sucks and haven’t been on the site in a year but the idea that FB created or even exacerbated this shit-storm is ludicrous.
