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
23,468 Blog Posts

Scoundrels, Mongrels and Knaves

The catamites over at Citron ‘Research’ published a hit piece on GPRO today, which is particularly amusing since they haven’t the slightest edge on something as mainstream as this. My recommendation for them is to stick to their Chinese accounting plays and leave the real market, filled with real companies, to men who are interested in the upward trajectory of mankind.

Now before their report, GPRO was soaring high, up more than $2.50. Post report, it now wallows down by just 60 cents, up from down $3.

YOU CANNOT STOP THE HONEY BADGER aka GPRO. It is coming to eat your liver whole and there is nothing that you or your stupid fruity friends can do about it.

I view today’s sell off as constructive and absolute for the oil and gas space. My SLCA position is receiving multiple lumps to the skull. There are some stocks, like FMSA, doing decidedly worse.

According to Dennis Gartman, we are now entering a new era of energy renaissance, led by cold fusion. Albeit, it may take 200 years for us to convert to such a standard; the point remains: oil is old hat.

Top picks: TRN, GPRO, ANET, MU and BALT.

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20 comments

  1. zombie

    The Fly is God

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  2. matt_bear

    the usage of a GoPro camera is directly tied to burning of fuel. Riding god damn jet skis.

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  3. pyromonoxide

    is a honey badger shirt appropriate attire for sat conference?

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  4. ncsutrader

    Dennis Gartman is a homosexual.

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  5. prometheus

    $TRIP is getting the sharp edge of the axe to the testes, hope you don’t still own it.

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    • Dr. Fly

      I bought a small amount with the intent of buying post earnings. TRIP tends to miss earnings, then rebound afterwards.

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      • prometheus

        It almost looks like 2000 again, except this time it’s oil – these stocks have lost so much value, and look so cheap…and then they get much, much cheaper. OAS is supposed to report today. PXD reported and is down around 3%.

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  6. nocigar

    FEYE getting tossed into the inferno AH.

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  7. vampyr

    You’re so silly.

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  8. thegametheorist

    fucking ZU stupid baby clothes

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  9. runawaytrain

    Considering slowly edging myself into oil space. Willing to take the risk, with dividend payouts. Sell what people are buying and buy what people are selling.

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  10. ironbird

    With the bubble basket imploding tonight along with the oil space today. Figure the higher lows better hold, right? Margin calls and all.

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  11. banjoman

    Andrew Left of Shitron Research. Don’t get me started. This convicted felon is responsible for countless hit pieces against the old QCOR pharmaceutical company. I remember his attacks fondly as they were always a superb buying opportunity. He said QCOR was worthless at $19/share. A year and a half later they were aquired by MNK for $86/share. I own MNK to this day (a superb Bio play for those interseted) and thank Andy for the cheap shares. I cut my investing teeth on holding through those hit pieces.

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  12. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    Friendly piece of advice: MU will corn hole you. Peak margins in a cyclical industry. GPRO works into holiday.

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    • Dr. Fly

      Mu is fine. Go back to ouji boards

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      • BlueStar: Contrarian Investor
        BlueStar: Contrarian Investor

        My ouji board says MU is screwed. Value guys are selling and growth guys are buying. Growth guys suck at cyclicals. I bought MU at $3.00 in 2009 so I know of what I speak. Say hello to Kip for me.

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  13. ironbird

    The election is already looking like a red team rout tonight. The disgusting race baiting along with the complete horseshit war on women has backfired. When you bite the hand that feeds.

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  14. UncleBuccs

    I clicked on the little movie expecting JLo’s ex to do a little singing and dancing…. and was pleasantly surprised to see Indira Varma for a brief moment. What a babe… I might watch this old series just in hopes of spying her in a nude scene.

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  15. superbus1982

    it’s a little easy to say citron has no edge over gpro because it’s mainstream. Doesn’t it apply to all of us? Are you going to hold gpro through expiration of lockup period around Christmas? For me it’s a guaranteed below 50 print after lockup expires. It is not playable however because of the cost to borrow.

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