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
23,431 Blog Posts

Tomorrow the Nerds Seek Revenge

TWTR and the silicon valley crew got poleaxed today. The programmers over in the valley must feel uneasy after today, sort of like High School gym class all over again. The footballs are ricocheting off their heads, as Fred Wilson picks their pockets clean, kicking them into and about idle sewer pipes populated by hungry alligators.

These lads do not posses the survival skills to last long. Therefore, there must be a bounce, some sort of respite, coming for them soon. I predict tomorrow to be such a day, as it is written inside of the scriptures taken from the future, via my time machine.

My largest position CYBR got smoked today and everything is dark, gloomy and shitful. Hopefully tomorrow will be a better day, else I will need to accelerate the manner in which I raise cash and run for the hills.

Thank God I sold VDSI on Friday.

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18 comments

  1. it is showtime

    46, months without 10%er

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    • woj

      Showtime, 9.5% decline just 10 months ago. Close enough.

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      • it is showtime

        1. And brought right back up? ha.
        No the control didn’t allow it
        Correction requires consolidation

        2. The official data&charts won’t list it.
        Any claim of a 10% would have nothing
        to back it up

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        • woj

          1. Buying the dip has worked for 6 years now. Why not continue to do so?

          2. Why do we need a magical 10% dip?

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          • it is showtime

            Baffling how humans can’t perceive trouble-ahead with economy/markets like other areas of their life. The result of 40-50months+ without correction? not healthy as a bear I dont care

            Longest 90-97 – resulted in boombust, starting with 99 tech, still currently in
            03-07 – Lehman
            84-87 – 87
            11-15 – 3rd longest close to 2nd

            statistically – (BULLS) kinda matters

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  2. jonny

    “I will need to accelerate the manner in which I raise cash and run for the hills.”

    Indeud.

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  3. henceforth

    Twitter is still a growth story, folks.

    Y/y MAU growth rate among Paleostinians and ISIS recruiters is over 50%.

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  4. rigged game

    You bought VDSI above 26 on July 23, and you are “thanking god” that you sold it on July 31 for a bit over 20, a 20% loss in a week?

    I’m not sure I’d be thankful.

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  5. flyaway17

    shitful, great word

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  6. berniecornfeld

    I escaped CYBR only to receive an unrequested colonoscopy from RPD…I have discovered a 6th horseman

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  7. ironbird

    The tape is set up to implode. It is what it is.

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  8. din

    Remember, this is a military operation; nothing goes according to plan.

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  9. rangersfan

    $TWTR is blackhole, stay away. I think many are biased as we use it to communicate and share investing/trading ideas, which it is great tool for btw. Other than that, I don’t see the innovation and scale that Facebook commands. It is a one trick pony, not worth your dollars. If Steve Ballmer were still running MSFT into the ground, he would definetely be bringing his shit bag holder and stuffing the 3rd world product ecosystem of MSFT corporation with another non-synergy producing island of a product. Bagholder Ballmer is no longer running the ship, so don’t hope for a bailout of TWTR. GLTA

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  10. duckkell

    QLYS with a beat and in-line guidance..

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