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

YOU CANNOT STOP THE TRAIN

The perverts over at Seeking Alpha published another hit piece on VHC, out of desperation and despair. I spoke to an expert and he said to meet “this fucking rubbish with buy orders.” They (the dastardly shorts) need to break VHC here because the pendulum has swung. Without a doubt in my mind, they are part and parcel of an organized crime ring, centered around bringing down the shares. Naturally, nothing is written in stone and VHC might end up being a loser; but there is nothing benevolent about Seeking Alpha’s “research.” Trust in that.

Should the stock hold its gain here, I gather it will get ugly for those who are relying upon this piece for respite. Next thing you know, Herb Greenberg steps to the plate.

Moving on, I bought DECK off the FOSL numbers. Apples and oranges, I know. However, valuation is compressed and any upside in the earnings will lead to a fierce rally.

I am fully invested, with just 15% of my assets in cash. My favorite picks here are VHC, EL, TEA and CTRP.

If you enjoy the content at iBankCoin, please follow us on Twitter

55 comments

  1. Dave Thomas

    VHC trading in the top 2/3rds of its range. I wouldn’t say its in the buy zone, but it probably has upside to 32.00-34.00 before the next big pull back.

    -Beatstockpromoters.com

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  2. Donkey Arbitrageur
    Donkey Arbitrageur

    I am still underwater on my 1/3 of a share short position in VHC.

    Things were looking quite good from 12:04 to 12:07. Those were a great three minutes for me. The minutes since have been less pleasant.

    As with all my shorts, I will cover at $0.01. I will take my $9.15 and reinvest in another short position, Likely 1/68th of a share of AAPL.

    I have a keen eye for these things.

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    • The Fly

      There is an avalanche coming your way, old sport.

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    • Trading_Pymph

      How is it possible to reinvest cash into a short position?

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      • Donkey Arbitrageur
        Donkey Arbitrageur

        It is very, very hard to do. I do it all the time.

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    • WTF?!

      The wife usually says the same thing about the “3 minutes” but she is not referring to stocks.

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    • Mike

      shorting apple huh?? good luck with that one BRO!! Long AAPL at 565

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      • Donkey Arbitrageur
        Donkey Arbitrageur

        Yes, Brother.

        Congratulations on your recent success. May I suggest we sell in tandem? I am only capable of shorting 1/68th of your 1 share however.

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      • Freddy Fishsticks
        Freddy Fishsticks

        How’s $91 sound?

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    • Mr. Cain Thaler

      Most people scan over posts at 3X the speed of a sonic boom.

      To aid you, place (sarcasm), (/sarcasm) around your posts, until they become acclimated to your personality.

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  3. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Obama is working his magic! We are going to new highs!

    Romney doesn’t stand a chance. I wonder if there is any possibility they will pull him as a candidate at the convention and sub in someone else? He is dead in the water.

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    • 5:00 PM

      Who? One of the 13 losers that have already been beaten? Short the GOP to zero, we need a new party.

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      • xxxHuggieBearxxx
        xxxHuggieBearxxx

        Good point, 5:00PM. They had a terrible slate of nominees. There are two of three potentially good candidates, but for some reason none of them competed.

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    • Yabollox

      Campaign hasn’t even started yet. things will look much different after the conventions.

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    • The Eye-Talian Stallion
      The Eye-Talian Stallion

      Charles Manson could beat 0bama. The man is so stupid it’s to the point of being rediculous.
      No college transcripts ? Hmmm…

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  4. E1than

    fly would you?
    https://www.youtube.com/watch?v=izBbP2kro-c =]

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  5. lowoffer

    as einhorn once said, bulls usually win the battle in these scenarios. meaning the bears will not succeed this easy, even if they are right in the end.

    with all due respect, you said upside twice in one sentence. it hurts my eyes.

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  6. Tom

    Fly, what are your thoughts on CPST here?

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  7. Bullish

    These hacks at Seeking Alpha, StockTwits and Twitter are ruining the market. Who wants to invest in companies for the long haul when any Tom, Dick or Harry has the ability to pen a hit piece with zero merit and full of slander and smash you 20% just like that?

    The biggest problem is they are ingrates just like “Stock Sage”. Their profile pic portrays them as if they ride around in the back of limos, when the reality is they live in their momma’s basement and drive Chevy Impala’s over innocent pedestrians.

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    • Yabollox

      You have to be able to smell out the slanderous hit pieces and buy the dips. Quality will emerge in time.

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    • farfenoodle

      “These hacks at Seeking Alpha, StockTwits and Twitter are ruining the market.” How strong is the market to begin with, when all it takes is some social media bs to ruin the market?

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  8. Anton

    Lol @ #IMPALALIFESTYLE

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  9. 4fl3x

    I find it odd that Gold and Silver were up back to back days and yet JakeGint didn’t emerge with a new post?? Maybe you could link back to http://www.jakegint.blogspot.com/ as a tribute.

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  10. Trading_Nymph

    Fuck this market these last few days, Clam speaks at 2:30 in a Town Hall…all of this is really starting to smell like Oil Rally off of Ernesto/Iran being pussies/fires then Central Bank Secret Planning of New Stimulus. Europe is in Vacation mode, so trading houses are light. One hell of short squeeze in eur/usd….not a turning point for this horrible economy imho.

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    • Donkey Arbitrageur
      Donkey Arbitrageur

      Short balances in EURUSD are about 30% smaller than their all time high in June.

      Still high, but less squeezable.

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      • Trading_Nymph

        Yep, that’s what COT has been showing. If that fucked up What’s his face Juillan or whatever could stop talking to Syria and get back to just SETTING a date for the next meeting on Iran Oil Sanctions, the ropes on Brent will be pulled in. The low level talks indicated that talks could continue…not sure why they have to piss me off and not get off their lazy asses and set a date. The good news is that Tropical Storm Ernesto should be a non issue if its not a hurricane tonight. Once Oil pulls back off probably EIA data, I will feel better. I have to go look up that Iran Guys name.

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        • Trading_Nymph

          Saeed Jalili…that is his name. He has been busy trying to get Iranian Hostages released instead of getting back to setting a New date for oil talks. At least the fire is out in N. Calif….this all just looks like a oil rally.

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  11. GR8Trade

    Thanks for CTRP, not the stock but the website. I need a flight from Chicago to Shanghai and the Orbitz-Expedias-Kayaks can’t compete on airfares!
    Looking at CTRP I wonder if it might trade down to 2008 lows of $9 to $10 ?

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  12. farfenoodle

    DECK the haters in the face!

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  13. vking

    ATTENTION ALL!!
    The V.Kingdom is the fastest growing blog in the entire universe…Today we are pleased to announce that we are going to allow 1 of you to become a member. The first to respond to The V.King’s last post shall be Knighted and all the riches and bitches shall be bequeathed upon you…Good luck to all …

    *note you must be able to bench over your weight and leg press 2 1/2 times as much

    ** Attention Trader Cady you need to go to the V.Kingdom to fullfil your destiny

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    • farfenoodle

      I can leg press4 times my weight but can’t bench much!

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      • vking

        Then you got big problems…Get over to the V.Kingdom…stat

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

        Hear Ye Farfenoodle.

        Whilst you admit lacking V.Kingdom qualifications, Shire Rookness may offer you the position of Bailiff Leg of the Hut at our Palace Sluttingham.

        There, your footwork might be practiced as you kick out those patrons failing to properly enrich our haut ladies dancing in scanty, but of the highest quality, garments.

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    • Steve Place

      Leg press?

      This is all very interesting, but how much do you squat? Let’s quantify the progress in absolute terms we all understand, like pounds on a bar through full ROM.

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      • vking

        My heaviest was 600lbs…now I do 350 x 8… 375 x6 …425 x 4 …every other week i’ll go to 475 x 2-3

        And you??

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        • Steve Place

          hit 315×8 yesterday

          just remember, leg press should never be used as a metric of success

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          • vking

            How about I let the leg press sled smash your face in??

            Just kidding…That’s a V.King joke..

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

            V.King.

            Hail!

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  14. German hat

    We throw good money after bad and the world rejoices. Hurray for our donation to keep the market afloat for a bit longer before another “black October” or back August, or maybe split the difference and September. Either way, enjoy this run because it’s a meaningful one, but the fizzle will end in collapse!

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  15. OG

    Does that fucker Herb like any stocks?

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  16. OG

    Thoughts on FSLR? That thing is just killing the shorts.

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  17. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Market is getting tired…and all the poop is running.

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  18. Dr Funk

    Not getting sucked into this

    Added shorts back

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  19. Freddy Fishsticks
    Freddy Fishsticks

    VXX 24 hour swing trade on the table for the taking

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  20. bleached asshole
    bleached asshole

    Are you banning poll respondents over the age of 471/2?

    If so, I’m only 45……

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  21. Whaler31

    How about that PCLN!

    Finally shows some forward looking weakness, and gets dinged $-105/share in after hours!

    Time to play.

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  22. live stock trading

    Cool!! I have been rocking it in the markets over recent few months. There have been too many stocks to choose from and lots of them have gone up. Better jump in while you can!

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