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
23,468 Blog Posts

Gay Marriage and How it Pertains to Boat Stocks

Have a look at the outperformance of the shipping industry versus the SPY.

Boats

 

See where the median percent is -1.45%? That’s the 6 month mark. The +13% mark is 3 month outperformance against an index (SPY) that is beating the wigs off all world indices. No one is talking about the industry because everyone is fixated on future homosexual divorce legal fees and a brand new estate planning demographic. Some of you think the government is interested in “free marriage” for all, when in fact they’re just a bunch of gay attorneys looking for billable hours.

God I hate lawyers.

Here are some stats for the shipping sector that you should have a look at.

Ships

 

Who would’ve known the top performing boat stock would be a bankrupt one, in OSGIQ?

Answer: gay attorneys.

I’m a buyer of FRO, then will but one or two more. There are fundamental reasons that explain the rise in equity values. But the real reason why the sector is moving is more buyers than sellers, with everyone looking for the next hot stock.

Bull markets do this to people, transform seemingly ordinary folk into filthy “oddballish” gorillas with aids.

 

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11 comments

  1. The Eye-Talian Stallion
    The Eye-Talian Stallion

    I remember a jackass law firm we used during a protracted lawsuit. One particular bozo lawyer would stand around jingling change in his pocket, cracking jokes and billing 400 / hr.
    Then when the lawsuit was settled they turned around and sued us for a bigger slice of the pie.
    True story.

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  2. UncleBuccs

    Just applied for a marriage license today (not gay). $76 later, I’m walking out the door & the deputy at the metal-detector says “good luck”….creeped me the-fuck-out.

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    • Sooz

      Nice, UncleBuc, how very great is that?

      Metal~detector Deputy Dude said that..really ? Your response should have been.. “Step aside metal detector Deputy Dude” 😉 )
      You might want to consider Rhino as your ‘Best Man’..

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      • Sooz

        I have sibs that have been happily married longer than the age of some of the young bloods who might be reading this post.
        Very Best wishes to you and your better half..;)
        (you know I just had to add that little zinger)

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        • UncleBuccs

          Sooz, yeah thanks for that. The whole thing caught me off guard – the “better half” was not amused, in the slightest… 😉

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  3. snoozemr

    trust me when i say divorce attorneys don’t need or give a sh** about any new potential divorce (or adoption) demographics. The heteros keep us busy enough.

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    • TraderCaddy

      Maybe, but from I read, only 1 out of 2 new Law School grads are employed within a year of graduation.
      New sources of revenue are always appreciated.
      Ejusdem generis for all!

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  4. Testicules

    I have a slab O $ULTR for sometime now ….. Beats me why they got killed last year other than looking Greek

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  5. tbird

    Any reason to favor FRO over GNK as a trade?

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  6. Blind Read Ant

    This post is spot on re billable hours.

    It would be far more interesting to see DOMA replaced with DOSA (Defense of Support Act – meaning, no child or spousal support act).

    Somehow, I doubt the lawyers would support that “policy” change.

    If there are no benefits marriage, why should progenitors be obligated to others at all?

    Might it be Family Courts would go BK?

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  7. Mariano Olcus

    Good communication is a must to develop the healthy relationships in your married life. You should share all your problems and feelings with your partner as well listen to your partner and understand. Make some time for each other to share your emotions. Go for outing with your partner and make some romantic plans for short vacation.`:^”

    Our favorite web site
    <http://caramoan.co/

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