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
23,474 Blog Posts

Vampires Everywhere

Today Netflix aka “blood bag” announced they are getting into the CDN business, competing with the likes of AKAM and LLNW. On the surface, it makes sense because NFLX is one of the main users of bandwidth on the internet, yet the stock is lower.

Odd no?

Didn’t NFLX just do a fucking PIPE offering, raising money in a desperate attempt at staying in business? The CDN business is very capital intensive. I feel this investment can and will bankrupt the company, eventually, as they are not paying attention to the vampire behind them.

When it comes to content, no one beats iTunes. It’s only a matter of time before Apple buries NFLX for good, just like they buried RIMM, NOK, Sony etc. Eventually, Apple will bury Samsung too, when they release their Apple tv. After the tv is launched, app developers will make REAL games for it, effectively impaling the fucking X-box and Playstation.

We live in a world filled with vampires. Nothing is created, just transferred. The money in Spanish and Italian banks aren’t vanishing. On the contrary, they are being sucked into the vaults of Germany, Japan and the United States.

It’s never a high probability trade to bet against vampires; they have big teeth and move quickly with super-human abilities. Goldman Sachs, love them or hate them, has successfully been sucking the life out of their competitors for decades. Sure, the stock is down and morale is low. But they will come back, just like Apple and the United Steaks of America.

Other vampires include WMT, COST, XOM and GOOG. Am I forgetting any?

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49 comments

  1. WTF?!

    Foist!

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  2. chivo

    I’m a vampire on bitches. All your hos are belong to me..

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  3. Rhino

    AMZN

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  4. Raul3

    WFM sucks hipster lifeblood and is a buy today. No position.

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  5. Mr. Cain Thaler
    Mr. Cain Thaler

    $FB vampired the shitty market action out of VXX…

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  6. DMA

    MCD

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  7. acehood

    $YELP

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  8. prospectus

    $T

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  9. halfbloodpope

    I remember a time when Dr. Fly once possessed vampire esque characteristics on stocktwits. Since then they have lined their halls with the stench of garlic.

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  10. vegastrader

    $MCD for sure

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  11. Frog

    MON is a vampire if there ever was one.

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  12. 4yoursuccess

    PCLN

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  13. Caffeinated

    Would iBC Blogger Network be considered a vampire blog-incubator ?

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  14. The V.King

    The best weapon against an enemy is another enemy.

    12-12-12

    The end of the end is nearing…

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    • Blind Read Ant

      V.King.

      Let’s talk about my Knight hood:

      Sir Where My Sandwich?

      Sir Quill Sins Daggers

      Sir Stud del Stable

      Obviously, the V.King must pronounce and name.

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  15. Bullish

    $President Obama?

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  16. MCPJ

    N. Korea

    IBM

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  17. charlie

    $FB reverse vampire

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  18. alf44

    I’m not sure WMT is a vampire …

    … but, it’s swing pivot HIGH on 5/31 was $66.66 !!!

    That number is a little too earily similar to another all to familiar number !

    Just sayin’ …

    .

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  19. Berniecornfeld
    Berniecornfeld

    I begining to like “ZeroHedge Fly­®”

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  20. OG

    At the D10 conference, Ari Emanuel seemed pretty adamant that the entertainment industry wouldn’t make the same mistake and give in to Apple. He believes the music industry made a huge mistake and was never the same because they gave in to the 99 cent model.

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  21. MetalLeg

    NKE

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  22. FIG

    $ISRG is one. So is $CRM. You could make a case for $KO. And $FB certainly should be a vamp together with it’s cousing $TWIT

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    • MCPJ

      ISRG pioneered and produce state of the art medical robots; they create, not suck blood.

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    • Po Pimp

      You’re not even close. $KO, yes. Others no fucking way.

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  23. Po Pimp

    Although it has hit hard times lately, you can’t forget $GE. They are involved in everything and been a member of the DJIA since Adam took a bite from that damn apple.

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    • surplusdroids

      +1

      Although it claims to love competition. It is very fond of patenting technologies from third world countries that it had no hand or capital in developing. Just planes full of patent attorneys traveling the world.

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  24. Jenkins

    Public employee unions

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  25. surplusdroids

    ENE

    Although it was finally skewered with a wooden stake.

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  26. The Eye-Talian Stallion
    The Eye-Talian Stallion

    AAU

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  27. Stan

    Up by 2.42 % going into the close.
    And that’s how it’s done.

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  28. Trading_Pymph

    The Democrats

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  29. asteroids

    I’m up a whole $150 today. Fucking meatgrinder. Back to cash awaiting the next catastrophe.

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  30. twitter

    Howard Lindzon

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  31. sask big shot

    Wheres Howard Lindzon? I want to suck his cock!!!

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  32. 5:00 PM

    Every bank in the world.

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  33. En1gma

    AAPL is not open. That will be their downfall.

    Don’t get me wrong, I own 3 macs but I wouldn’t bet on them in the content race.

    AAPL may have been first but their closed ecosystem will bite them in the ass.

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    • The Eye-Talian Stallion
      The Eye-Talian Stallion

      But just think about the millions of iFanBoys that think the iPhone 3.5″ screen is state of the art.
      (Typed on a 5.3″ Note).

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    • Raise Taxes, Raise Spending
      Raise Taxes, Raise Spending

      Agreed.

      Apple is a hardware company so it is vulnerable to cheaper competition. Android on a Samsung is as good as an iphone at half the price.

      AppleTV will never be huge.

      ITunes is their real strength but that is a natural market for Facebook to get into, and I think FB would be a strong competitor,

      Google, Amazon. Facebook and Apple are all making fortunes off internet traffic, but Apple seems the most vulnerable.

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  34. Nosferatu

    Vampires are not real – are fiction – a myth. Go about your business and do not fear myths.

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