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
23,466 Blog Posts

POMO FOR LIFE

You were just about to give up hope. The market was behaving sick–but now you feel better. Consumer confidence spiked because The Bearded Clam instills confidence in the populous. The people love The Clam–they just don’t know it yet. Nevertheless, my current roster of holdings isn’t doing it for me. I am waiting for a small spike in my oversold portfolio of shit, before I sell it out and focus on the future.

Most of my reader base is without electricity. Therefore, traffic stats have plummeted to 2007 levels. This little storm, a cat 1, really fucked up the tri-state area. Can you imagine if a real storm hit us? We are woefully prepared to deal with existential circumstances. I am 100 miles west from the carnage and my grocery stores are completely depleted. I think it’s fair to say it is prudent to keep ample food supplies in the pantry at all times.

VHC is at trial with Apple now for patent infringement. If they win, the stock will rip 20 points to the upside. Last time they went to court was with MSFT. Twenty days into trial, MSFT settled with VHC for $200 million. The Devil feels confident that AAPL will ‘bend the knee’ to VHC, and before presiding Judge Davis, or settle for billions. On edge.

I haven’t opened up the trading turret since last week. I bled out 0.8% yesterday. For the day I am up 1%–big fucking deal.

Add NFLX to the list of stocks that I sold near the lows. It’s sickening to me, having missed out on so much. Just yesterday I blogged about ‘Hurricane Plays’ and mentioned AZZ’s municipal infrastructure business. Shortly after my post, the stock went from +0.50 to +4.00!

Fuck the stock Gods and whoever else is cursing me with inverse winship.

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25 comments

  1. JTU

    DDD- shorts continue to get de-balled!

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  2. JTU

    MSFT up 5% since release of new products last week, ATML is up 6% today possibly riding on MSFT success. ATML has chips in new Surface.

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  3. Gangstah

    How your money will be taken away in 2013:

    http://www.youtube.com/watch?v=bk1-PxBPW_A

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  4. The Eye-Talian Stallion
    The Eye-Talian Stallion

    Coal.

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  5. miner

    ANR!!! Lets go Romney!

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    • vking

      Mr. Miner please do not discuss politics here…You may do it over at the V.Kingdom Premium Blog…My last BREAKING NEWS headline is amazing…and developing

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  6. JTU

    IDTI up 8 % on earnings miss and downgrade? Can’t find any news why this stock is up today.

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  7. crazy george

    Hurricane Sandy is creating jobs, people are raising prices, inflation is occurring, increased hiring is happening.
    Government is rebuilding and spending more to account for the destruction and construction jobs are in demand for the rebuilding effort
    As Jay Leno joked last night, Hurricane Sandy is already creating more jobs than obama.

    Who needs QE when you have hurricanes?

    It’s just too bad there can’t be zero casualties and devastation.

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    • Mr. Cain Thaler

      We should have just started smashing our stuff a long time ago

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  8. wvufan87

    I hear the cops in NYC are not ticketing for 16 oz sodas today. ANARCHY!!!

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  9. Juice

    Obama has ordered a rally into re-erection day

    disclosure – no power.. at g/f’s house

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  10. JTU

    DDD- May make an all time high today!

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  11. JTU

    I was almost ready to throw ATML, AKS and IDTI into the salad bowl and toss them! They are up considerably today! Up 6, 7 and 9% respectively.

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  12. BottleRocket

    Have a look at FSLR. Earnings after the bell today. If they beat and Obama is (will be) reelected, it will fly to 10,000 feet before it explodes.

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  13. JTU

    WNR just turns positive after a huge earnings miss! It’s getting so that you can’t lose!

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  14. JTU

    DDD just breached it’s all time high!!! I am still holding! Next target $48.00!

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  15. Frog

    Fly, any news about Chess? I guess he is still without power or we would have heard. Do you think he is otherwise safe in whatever area he lives in? Nothing is still under water, is it?

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  16. Cascadian

    Fly has been trading like Huggie of late. This too shall pass.

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  17. ruggyup

    Time to recharge with a pity fuck from one of the legions of panderers.

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  18. Show the Cards

    This ol’ hurricane news is old tape, on constant rerun. http://www.naomiklein.org/shock-doctrine I request another distraction.

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  19. Show the Cards

    For instance, getting to the bottom of Russia, China, and the EU’s allies al a Romeny, and stirring that pot.

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  20. ALBER ROURA

    NBC/WSJ OHIO OBAMA UP BY 6 UP IN FLORIDA UP IN VIRGINIA
    Fund managers in panic mode…
    More taxes…
    No deregulation…
    No exemption for cap gains and divies…
    Hedgies gonna get hit very hard…

    They backed the wrong guy, lol
    PS

    Romney Now running LIAR ADS in Ohio…Contradicted by GM and Chrysler…Like ANYONE believes him…Losing credibility by the hour
    Mitty’s last week in politics!!
    Mitty going to be giving his conceding speech…
    From Grand Cayman islands

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