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
23,478 Blog Posts

Deals and More Deals

COV is being acquired by MDT.
SNDK is buying the company of Steve Jobs’ retarded old partner, FIO.
LVLT is buying TWTC.
LLNW has received a bid from a “questionable source.”

The hits keep on coming. We’re no longer beholden to childish things, such as earnings. Therefore, the market is free to run like naked people on the beach. Granted, the Iraq situation is somewhat troubling, to say the least. Being the #2 country in OPEC, Iraq stands to make a lot of oil men plenty of money and soon. God willing, that dirt filled nation will descend into anarchy, as large swaths of armed “George Washingtons” make their way around Baghdad shooting at government officials. The price of oil will skyrocket to $150 per barrel, sending the prices of your favorite oil stocks through the roof.

We’re all super capitalist now, so it doesn’t really matter, does it?

With oil going higher, I expect solar to do even better. It’s trading like a leveraged play on energy and has always correlated nicely with an up market. I like TSL until $15.

There’s all sorts of crazy things happening this morning, like BLUE up on astounding clinical data and IMAX approving a large share buyback. The world is awash with liquidity. Are you man enough to take it?

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4 comments

  1. the pirate

    4 point plan for middle East:

    Let the Jihadi’s kill each other in Iraq, it’s not our mess and all sides hate us anyhow.

    Spend 15 minutes and bomb Iran’s nuke facilities and be DONE WITH IT already – we can’t allow these wacko’s to have nukes.

    Develop shale, Keystone XL and every other domestic program and stop buying their oil.

    Keep our boys home.

    the end.

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    • Captain Fuck You
      Captain Fuck You

      Step 1 – Use nukes and chemical weapons to pound the illegitimate terror state of israel into oblivion. Only then can we have peace.

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