Today is a dead cat bounce. Tomorrow we might resume the current leg lower, in a significant, dumbfounding fashion. With every correction comes a washout. Maybe I am just jaded because one of my biggest positions just punched me in the face, then threw me under a bus and rolled on me a few dozen times. Or maybe it’s because natural gas is ripping higher again and I was forced to cut losses on AREX because it’s acting like a GOD DAMNED oil stock now.
One way or another, I am probably better off doing nothing, staying away from money, heading off to the gym to inflict serious bodily harm to myself.
Speaking of God, who knows why BALT is trading higher. Look at the BDI and the Capes and ponder to yourself: “what are they thinking?”
Hey, I still own GOGO and the FDA hasn’t declined any of their cancer drugs today, so maybe it might go up. Or, maybe it will go down? Either way, I am perfectly content with the outcome, as I’ve grown to embrace the homeless man clad in feces.
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ALERT GIMO is reporting tonight
NO THANKS
Goldman upgrade and some call buying.
What a great photo for this post… Heeeere’s Johnny!
GOGO, cancer drugs?? New business model for them?
Yes. Unfortunately, the FDA has been declining their new drugs, almost everyday, for the past two months.
He must have been doing a heavy set at that point.
the Fly IS god, even when people don’t understand his humor
Fly does this seem correct or am I reading it wrong, 87% short float in GOGO.
http://shortsqueeze.com/?symbol=gogo&submit=Short+Quote%99
I think 100% of the gogo float is short
A seeking alpha short article on AMBA, joy to the idiots.
GOGO goes up 20,000 times a day.
“Prepare for Another Leg Lower
Today is a dead cat bounce”
(wolf smiles, revealing gold n silvery teeth)
“opportunity indeud”
Hope you took some YGE boss.
The Fly is Gawd and a true humanitarian, often shedding light on the issue of the homeless in this here blog.
Just a thought: you could honor the bearded clam by changing ibankcoin.com to ibernankcoin.com in honor of the blunt smoker? His presence is missed by all.
RLOG went up too (great lakes) must be operating costs?