One of my largest holdings, GIMO, is having its face punched in today. I much rather not talk about it, in favor of a little chinwagging about the prospects of the dry bulk shippers. However, in an effort to publicly disgorge myself, I think it’s only fair to mention the evils that plague me each and every December.
Last year, around this time, I was beaten like a red headed step child in DECK. I ended up selling the stock, in true cowardly fashion, in the $30’s. Look at her now, in all of her beautiful furry fashion! Today I am being mocked in GIMO.
Now, there isn’t any news, per se. There was an initiation of coverage, and a price target of $28, affixed by some boiler room in NYC. There’s also the expiration of the lock-up period happening today, which lends to the overarching bearish feeling in the stock. But the truth is a little more simplistic.
Let me explain.
The bombastic decline in GIMO, the unexplained and mysterious 9% drubbing in the stock, has occurred because Devils are chasing me, attempting to extract my life force, and by extension, destroy iBankCoin. There isn’t any other rational explanation as to why this is happening today, following my ALJ debacle and subsequent set back in RBCN.
All in all, I am down 13% in GIMO and should be selling it right now. Truth be told, I had limit orders in to sell my entire position yesterday, but never got hit.
HOWEVER, you know, as well as I, the moment I sell the stock will mark the exact and precise bottom–as was the case with ALJ.
Therefore, I am putting you on notice, that I have initiated a brazenly irrational approach to dealing with this fresh setback and cannot be trusted upon for cogent, well though out, considerate advice.
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noted…
After reading several historical posts by Le Fly, I have come to the conclusion that the most fucking retarded member of the reader class is The Harper
You are NOT the real Jenny
IMPOSTOR!
why is the haptic IMMR – trending even lower??
BECAUSE OF FORCED HEDGE FUND SELLING.
I told you homos about this months ago.
STEP OFF.
please elaborate?
I shall not!
I implore you!!
impossible
ok
It’s the men from the future. They know your every move.
Better a punch to the face than…
Harper, come at me bruh, whats ur number one long right now besides NES?
haha you tool, No its TWTR which I own at $41 …and the TSLA $140 Calls I just dumped for +378% …so step off.
Commodore Fly, I’ve seen this scenario you’re experiencing play out multiple times over the years… I’m now seriously stalking GIMO…. beardlessly.
The lawsuit has nothing to do with it?
I’ll go halfsies on a cut-rate exorcist with you. Hopefully I can work on a package deal to get rid of my obsession with losing money on shiny, shiny metals at the same time.
Just started a position in $GIMO few minutes ago. I use their products and love it like I love $CUDA. $GIMO will not be trading in the next year or so though as they will (I say this with certainty) get bot by someone. Same will happen with $CUDA. I am long both.
Double DOWWWWWNNNNN
love the red head reference. I kid you not I had an internal phone call with a chap I never met, made that reference, then found out he was a carrot top!! wasn’t sure if he was adopted though. Call went smooooth.
Hey, stocks come and go plus it’s the December of an up year in the market.
Things get a little nuts.
The only time I can recall that you picked the top or bottom of a stock was a year and a half ago when you shorted AEM at about $68 and then covered at about $72. It was straight down thereafter.
Speaking of gold stocks an easy 4-8% will be made on 12/31 (tax selling is done and the tradebots will buy).
hey the balt$ catchin fire .. just sayin ..
Good call on $BALT
cheers
Been a GREAT couple of weeks. $5.70 will be interesting to watch. For a couple of days at least.
btw- despite her relentless torment of me, Girlfriend dearest has her moments. She tells me that from time to time, on a Facebook or blog page, she “makes up something that sounds good” and attributes it to Ghandhi or The Dalai Lama or whomever. She says people fall for it every time, and gush on about how great someone is.
MODN. bought it a while back when you wrote of its strange case. Some say it will go to 15.00. What do you think?
BALT new high. A big fat boat full of money floating our way.
Wow…explosion on BALT
I think everything even remotely similar to cloud, big data and business software stocks are being institutionally shorted for a few months now. I wouldn’t be surprised if hedge funds had been created ad hoc. I’m holding DATA and well, what a dog this stock has become, but they’ll all turn around I believe. GL to you.