Losses are mounting on Wall Street, as the diabolical calendar month called “May” makes itself known. As is tradition with the month of “May”, investors “go away” and the stock market does very poorly. Naturally, there will be some trouble makers who refuse to “go away,” loitering about the lobby, attempting to break into the safe. But those people will be punished, ever so harshly.
Evacuate the premised immediately.
“The Devil” is buying CALL today, off the EBIX buyout. Apparently, the penis grabbers over at Copperfield Research, via Seeking Alpha, were short EBIX into a leveraged buyout. They’re so damned stupid. Weren’t they the bozos who were shorting TEA into an already announced ALL CASH buyout from SBUX?
Well, apparently, they are secretly short CALL too, or so goes the rumor. So, as Wall Street would have it, the wolves are at their doorstep, trying to afflict pain and misery onto their already ravaged book.
Other than that, I’m just watching RBCN get its arms and legs blown off on no news.
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Not beating you up here, jut asking since you don’t seem to mind talking openly about underwater trades. What are your current thoughts on FRO? Are you even still long the name?
Still long and have stated it’s a long term turn around. I don’t talk about it because it’s not on my mind.
Thank you.
LOADED UP ON TZA AND AIMING STRAIGHT FOR THE CORE OF THE EARTH.
PAPPA NEEDS TO MAKE BACK 2012 LOSSES
Fly, what are your thoughts on RBCN — long-term hold? Looks to a prole degenerate like me as if it broke out from a wedge yesterday and now is sitting on that breakout point, despite being down 6% on the day.
disruptive? indeed. in a zero interest rate environment, who will be made redundant? banks?
https://bitcointalk.org/index.php?topic=191021.0
Check a multi-year chart of the 10-year bond.
Past 4 years peaks in March-April, slides down (especially in May) with a bottom somewhere in summer, same is happening right now.