One after another, tech stocks are being dismantled like those bastards were selling coal from atop solar panels. The carnage in ADTN today is just the tip of the iceberg. According to my tech index inside of The PPT, tech stocks are now at 6 month lows. No other sector is suffering this much. The oddity of this decline, frankly, is the pristine nature of the balance sheets in the industry. Yet, fucktards are trading out of these stocks as if this was the dot com bubble again.
To put it bluntly, part of the reason why I sold out of YELP was due to the overall distressed nature of the tech space. Look at GRPN, ZNGA and P, for the love of God, their dicks have been sliced off–clean. The cynic in me thinks this sort of trading action portends a horrendous press release. But the reality is much more simplistic and carnal: short sellers have small heads and even smaller brains. They’re just shorting, blindly, because they all want the fame of nailing a bubble.
Fortune has never been important to short sellers. They are sociopaths, megalomaniacs, only interested in sitting at lobster dinners (stuffed with bologna) with fucked-faced people, like The Great Roubini and Hugh Hendry. They are sick, perverted, people, deserving of permanent imprisonment.
In short, with tech being swallowed whole like this (no RW Pelican), I prefer to buy that blood than fuck around with asshole commodity stocks, who are subject to all sorts of homosexual, and “worldly”, events.