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
23,433 Blog Posts

HEED MY WARNINGS

Look at that, the market is up. What a wonderful surprise.

The sages at S&P futures are bankrupted again, after leaning on them all of last night, into this morning. I hope, for their sake, they quickly reversed their positions and went long. Truth be told, that’s not going to help them live longer. The toils of dealing with a futures market that is both corrupt and broken is too much for any many to bear. Those traders will die very painful and drawn out deaths.

Speaking of which, I cannot think of a group of bears more deserving of death than GOGO shorts. It’s not because I am long the stock that I wish this unpleasant surprise to be granted to GOGO shorts. On the contrary. These people don’t even know why they are short the stock. Truth be told, and I’ve never been accused of telling a lie, not even a one that is white: death is the only remedy for these disheveled and disgusting individuals.

Don’t get me wrong, old chap. I am not calling for an immediate death, a murder of sorts. On the contrary. Let them remain in their stupid boxes and bear witness to what happens when an unmovable object crashes into a giant sword. In this case, the giant sword is GOGO of course.

We all want to fly on airplanes and surf the web. We want to text and be jolly about the skies with high speed access. You cannot stop progress, small men from the message boards, but only hope to delay it!

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23 comments

  1. chief keef

    just added

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  2. matt_bear

    i actually agree. We bears get caught up in being bearish too often and not know why. Being a bear does serve a purpose. To prune the weak and diseased. Like JC Penney for instance. But GOGO is both progress and a product the masses actually want and enjoy.

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  3. budh

    When you are trapped on an airplane for 6 hours you want GOGO.

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  4. TheHarper

    GOGO’s product sucks. However, was just on a U.S. Airways flight and EVERY tray table is just a big advertisement for GOGO. FYI.

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  5. brian

    Thinking I should make GOGO spike a little here…. should I?

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  6. The Fly

    Their product “sucks”.

    They provide high speed Internet service on airplanes. Define “sucks”.

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    • TheHarper

      As in the connection isnt as quick as could be believed. “sucks” was too strong a word. That’s all I meant, no bias either way.

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  7. heckler

    To think the friendly skies will remain the one place where the Internets haven’t fully invaded our lives is ridiculous, nay ludicrous. GOGO –> $50

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  8. JakeGint

    Last posting you announced the BEAM buyout and then in the next line said “the liver trade is taking a breather.”

    I saw what you did there.

    _________

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  9. flyaway17

    Bot some LULU, ULTA and FSLR today. Mentioned SPCB last week, up 6% today, NVAX, 10%. What are you guys buying today?

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    • bood

      i’m not buyin much today – i sold instead. snatching some tvix/tza maybe later .

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      • flyaway17

        Kass is building a short position too, many don’t like him but I keep an eye on him

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        • bood

          not sure Yellen be much different from Ben in keeping the market afloat if any serious short momentum comin up .. but some money are reallocating bigtime this year.

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    • mr.partridge

      small steps 🙂
      who knew I need just one Irish guy to trade IRE with lmao
      OXBT rocking me… real time right from the bottom
      LULU SODA blooding me a bit today… but well controlled

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    • mr.partridge

      JOEZ almost all out 1/6 left

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    • mr.partridge

      started HUM and RT

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