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
23,433 Blog Posts

Watching Without Blinking

Silver is getting clubbed around today, causing EXK to tank. I am very tempted to add to my position; but I made a promise to myself to stay away until it was -10% from my basis. These fucking silver miners are lunatic stocks, swinging around like naked gorillas on jungle vines. The art of buying and selling EXK is something I’ve perfected over the years, having successfully traded it more than a dozen times. I can tell you, emphatically, now is not the the moment to buy. We had a chance to run yesterday; but it was squandered.

Still, my best guess says this stock trades higher by Thursday of next week. On a dip into the $7’s, I’ll buy some more.

Facebook is the name of the game today. The stock is magnetically attracted to its ipo price of $38 and will get there, by hook or crook, or my name isn’t HORATIO CLAWHAMMER. Based upon the untenable laws of mathematics and science, dare I say, YELP is worth north of $30 based upon current FB valuations. Give it some time; it will get there.

Some of you like the Samsung Galaxy phone because you are shallow, materialistic, soul-less bastards. To be frank, I have no respect for people who switch from iPhone to Galaxy. What happened to your iTunes library? Did you actually buy an iPhone and never bother to build a catalog of music and movies? You people are traitors. To leave the Apple ecosystem (there is nothing better, why leave?) means you are without character, only interested in new, shiny toys, most likely to cheat on your wife/husband, backstab your friends too.

Having said that, the human species is riddled with people of your ilk, low-brow people, narcissists who partake in unchecked hedonism. Because of that fact, shares of NXPI and RFMD might do well; due to the fact that both companies make about $3 per Galaxy phone sold (parts makers you dumb fucks). I own NXPI and would like to own RFMD too, but not today.

If anything, I might add to my airline stock, ALK. It’s a win-win. All of those oil field workers in Alaska will need to fly back to the mainland to find work because oil is going to zero. When oil goes to zero, airlines will be the new software, boasting 95% margins.

Back to crafting documents for war.

UPDATE: I sold out of HDGE, bought more ALK and YELP

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42 comments

  1. The Zombie

    The Fly is God.

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  2. WTF?!

    Dog is God.

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  3. Scott Bleier

    You talking to me? Are you talking to me?

    You once said that I wouldn’t know when you were talking about me..

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    • Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D.
      Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D.

      Scott, if that’s a Pantera “Walk” reference, then you might try http://www.allaxess.com/ for the freshest of metal / rock updates.

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  4. Scott Bleier

    I gave my iphone to my wife who has “more simple” tastes in technology…

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  5. echeshier

    Android has an app called Google Music – you can sync it directly to Itunes and get all your music from there and it’s stored on the cloud. On top of that, you can sync from all kinds of sources. I have like 3,000 songs on my home PC, so I installed google music and uploaded them to the cloud. It’s awesome.

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    • The Fly

      I didn’t know that.

      Cheaters always find a way around. iTunes library is unmatched by anyone.

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    • Rob T

      Google Music’s sick. That which I don’t store on my phone, I can stream, though Windows Media Player has the exact same functionality and is relatively seamless on the new Lumia. Some big competition out there for the iPhone these days, and the Nokia Lumia is substantially more durable.

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  6. John Silb

    Check out how RFMD traded way down in 2008. It dropped (almost) to a price at which you could buy the whole damn company for little more than its existing cash balances.

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  7. surplusdroids

    ROFL! (Hilarious post.)

    Meanwhile the 500 continues to be a Homosexual Opera. (FULL FEATHER-BOA.)

    http://en.wikipedia.org/wiki/Feather_boa

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  8. DeepPocketsAj

    Can you share thoughts and what you know about what is happening to atpg? I bought the bonds last week and, you know, want to know what you know.

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  9. The Eye-Talian Stallion
    The Eye-Talian Stallion

    When I whip out my 5.3″ Note next to the 3.5″ iPhone everyone chuckles.

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  10. Bullish

    Best post of the month!

    It’s not like all the Fox News junkies would go out and buy a Galaxy just because Neil Cavuto told them too, would they? Oh wait they built bomb shelters and stocked canned goods last year when Glenn Beck said so…

    I guess I answered my own question.

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  11. Cascadian

    My 16 y/o daughter got a samsung phone because it was so much better in so many ways. A week later we had to take it back and get another iphone for her. Battery life is much better on iphone for one, and she was cut off from a lot of her apps.

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  12. Jeff

    Shove your iphone up your @$$, fly. No, better not… you might crack the fragile screen.

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  13. vking

    “Pari-passu Mr. Ottnott”.

    12-12-12

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    • Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D.
      Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D.

      V.King, will you FINALLY return as a tabbed blogger on 12-12-12?

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  14. figesmalls

    There’s no more love in the world

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  15. pitbull

    Do not wear yourself out to get rich; have the wisdom to show restraint. {5} Cast but a glance at riches, and they are gone, for they will surely sprout wings and fly off to the sky like an eagle…(Proverbs)

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  16. noodleboy

    Told y’all fuckbook was gonna fly. Word up, Fly.

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  17. TradingProdigy

    I particularly enjoy the fact that you have to buy a new phone to enjoy the latest Droid operating system…sounds like Microsoft 1989.

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  18. razorsedge

    recorded, 1944. they start singin, and then …http://sorisomail.com/email/34321/a-flexibilidade-das-irmas-ross.html

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    • razorsedge

      at the end …wow

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      • Mr. Word

        Yes. That was one great Lesbian scene at the end. Now checking my computer for viruses.

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    • Clock

      Kinda looks like Mrs. Clock and the daughters getting my dinner ready.

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  19. republikat

    Do you people ever wonder why there are NO WOMEN on this site?

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