You’re probably thinking “wow, that Fly dude must be really upset today”, seeing my top two positions, GPRO, YELP, get bludgeoned like this. However, you’d be wrong.
Everything happens in cycles and right now my cycle is on cleanse.
Dear Stock Gods,
Bring forth your fury with unabating vengeance. My methods by which I’ve achieved success are pure. Therefore, these trials by fire can only result in my eventual release from your grasp as an innocent man. Come hither and smoke a pipe, or maybe two, in my parlour, and I will show you who the true sinners are.
Amen.
That was my prayer just ten minutes ago. I am confident that my voice will be heard, as I am a messenger of the Gods.
Moving along, GPRO isn’t supposed to run up in a straight line, no stock is. Plenty of high beta names too to the bottle today. However, with a little time and patience, I believe we can achieve the century mark for GPRO. With regard to YELP, I said I’d buy it under $54 yesterday. I might just do that a little sooner than later.
I lost 1.7% today, without the help of being long JNUG. Remember kids, gold is a sandbox of retards.
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FIG
I think tomorrow and Friday are going to be great.
It’s amazing how fast the bears come out to beat their chests.
the last I heard from my Syndicate desk is that the GPRO offering prices tonight…that will help w the cleansing
I am looking to pick up a little YELP in the high 30s…
I will kill you where you stand, boy.
If there is not a lunatic takeout bid à la OPEN, YELP will be richely valued at $00.00.
PTK Poet Technologies up another 1.49% today, not bad considering.
Up 55.81% in 5 days!
BANNED
Tech had it’s comeuppance coming. But should recover in fine order.
I do not know whether to want to maim or kill you.
Imperial Database Query Complete: NULL records found with parameters “skateboard, race car, fishing boat, cycling, jackass or homemade threesome porn” joined with CROC table.
If The Fly is God, are you praying to yourself?
On a side note, the comments sections from last month have been very entertaining to read again. http://ibankcoin.com/flyblog/2014/10/07/dont-you-dare-buy-this-dip/
I’m a buyer of SPLK. Come at me.
I am an IT recruiter specializing in Big Data/Hadoop. Splunk is absolutely an integral part of all these Hadoop implementations going on across the board.
Also check for the Hortonworks IPO in the spring. It will be the first Hadoop company to go public. Started by the guys who started Amazon. They are a client of mine. This will be BIG!!!
yahoo has a slice, too
Correction: Hortonworks was started by YAHOO guys NOT Amazon. I apologize.
Either way, these guys run extremely lean (compared to their only REAL competition – Cloudera) and are poised for something great. Stay Tuned on these guys. Shares are valued Extremely Low. PM if interested in hearing more.
Please don’t forget Gold’s retarded cousin… Silver.
There is about to be a big opportunity in this market, I just don’t know where it is yet.
People are getting uncomfortable in pretty much every asset class.
It’s not as easy to make money when the S&P isn’t green every day for a month.
Today was a day where they beat the piss out of the high multiple “Marquee” stocks like
YELP GPRO CRM TSLA NFLX etc.
The beatdown of these stocks was the equivalent of a 1500 point Dow decline day.
It may or may not be an omen.
If this was not expiration week it would be a terrible omen. Not sure what to think other than retail stocks are dog shit in blow off mode.
CRM down another 5% on earnings
GPRO + YELP = magnesium citrate for my IRA.
GPRO is probably the only camera maker that isn’t getting creamed. When will Canikon take notice and step in?
GRPO is a fad like SODA and CROX, it’ll end the same way – enjoy the ride while you can
I intend to enjoy the ride.
Fuck you very much.
Incometrader, GoPro is not a fad as long as YouTube is around. Everyone is obsessed with seeing themselves on tv. GoPro came onto the scene and took over the space. Sure, there will be competitors, but there’s plenty of competition with iPhones too.
Kill…then Cleanse. *bleep* *bloop*
What happened to GroPro?
7 out of 10 growth stocks dropped today.
Go back to sleep
Very good. I just saw something about a secondary but then was too lazy to really look into it.
I have moved into Grampa stocks and have been doing quite well…if things keep up I have a shot at breaking back to even before 12/31.
You are going to hurt yourself one day.
I don’t think so…my biggest risk now is lagging returns. My “blowup” days are behind me…My account is less volatile now than the S&P, but my returns have been terrible…
We’ll see….maybe next year is my year.
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perhaps … complimentary blindfolds need to be considered here … just so the readers can avoid seeing the “blood splatter” !
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A joke … could I get a rim-shot ovah heah ?
HELLO !!!
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Don’t forget to tip your bartender and waitress !!!
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Thank you … Thank you very much !!!
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One-Eyed Cosby.
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A True Story …
So, this past Saturday I make my weekly grocery store run for a few items and … Lottery Tickets.
That’s right … I said Lottery Tickets !
I also hit the ATM inside the store for $100 cash.
After shopping I went to the “customer service” counter for Lottery tickets. I keep the tickets in a nice plastic envelope. I purchased $40 of various Lottery pay slips (no scratch offs please) … stuffed them, along with the $100 in the plastic envelope … and tossed them into my basket along with my other grocery sacks and headed to the parking lot.
Back at my vehicle, I unloaded my grocery bags … and, as always … returned my cart to the cart rack in the grocery store parking lot. I got in my vehicle and drove home. Once home … I unloaded my purchases without a clue of what I had just done.
Last night, I was about to check Saturday and Monday tickets … when I realized … I HAD NO TICKETS !!!
I retraced my steps … it was fairly obvious what had happened !
I had (like some moron) left the tickets … AND … the $100 in the envelope … in the cart … in the cart rack … in the grocery store parking lot !
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Today I decided to call the grocery store … knowing NO ONE would return $40 worth of Lotto tickets AND $100 cash !
I WAS WRONG !!!
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There ARE honest people in this world !!!
Sometimes we forget that !!!
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Your story would have been way better if somebody won millions or you got in a fist fight.
did u win?
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Suffice it to say …
… me and my “brothers from another mother” …
… Ray Dalio, William Ackman & David Einhorn laughed and laughed as we enjoyed the finest Tequila and Ceviche at Bar San Miguel … while the “owner” of the establishment …
… someone “claiming to be” … “Jim Cramer” … made us delicious table side guacamole !!!
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OH the time we had !!!
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GPRO is sitting on support, however I expect support to break in the morning and it trades to $75, i.e., the offering price. It might even just gap down to that price. However, it will quickly trap bears down there and resume it’s greatness. When it goes red to green tomorrow you’ll almost be able to hear a big fat “oh shit, I’m on the wrong side of this” from the bear shitters. Don’t panic when it trades to $75…this is normal and expected, IMO.