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
23,419 Blog Posts

The Summer From Hell

It’s September again. That means it’s time for you to put down your lightly frapped glass of champagne and get back to work. While you were gone, junior over at the old trading turret completely decimated your business. Now you will need to build a new one from scratch. How delightful!

Over the past three month’s, as you jet skied across Europe and pounded 8 balls of blow into your faces, stocks went down…a lot. More than you could imagine, actually.

Check out these numbers.

Summer

Look at all that red, boy.

What went up?

Home healthcare, tobacco, hard liquor and a few regional banks. But the banks are getting slaughtered now, so that’s out the window.

I think I heard Marc Andreessen say something about AAPL being only 1/10th of its true fair value today. As you can see, the VC cabal had a very fine summer, as their cocaine addled minds, craven for money, imagine that Apple might be worth as much as 7 Trillion dollars. Sure, why the fuck not? If AAPL is worth 7 trillion, then all of Marc’s wonderful private investments can be worth billions of dollars, without any semblance of profit, or even revenue. Why, the VC cabal can write their own checks, create their own ponzi schemes, and seemingly dump all of their refuse onto an uneducated investing public.

Anyone interested in buying some WAYFAIR up here?

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16 comments

  1. vandamme

    It’s not the cabal’s fault the public is uneducated (a nice way of rationalizing the same greed as the cabal’s)

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    • Dr. Fly

      It’s the fiduciary responsibility of the investment banks to tell the VC cabal to go smoke a cow’s cock. But they don’t because of profit.

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      • vandamme

        Well sure but post housing crisis whomever trusts ibanks still is naive. I don’t lose sleep if someone jumps off a bridge and then is surprised by what happens.

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        • Dr. Fly

          Just because a guy walks down a dark alley in a bad neighborhood, that doesn’t make his assailants innocent for robbing and murdering him.

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  2. sloop

    Can they trade with their face still numb from the blow?

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  3. Steve

    $W closes green today

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  4. mrcharlie

    Ill second that Wayfair bid, their model crushes competition and everyone I know that uses them are repeat customers.

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    • gapfiller

      Their publicity campaign has been effective, I think. A couple years ago, nobody had heard of them. They now are all over the place.

      I can’t believe people were paying $56 for the stock last month, though.

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  5. Dr. Fly

    You’re all morons. W goes to $10.

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  6. fryguy15

    Gun stocks killin it.
    SWHC (Smith & Wesson Hand Cannons)

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  7. rangersfan

    $AMBA is it too expensive still?

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  8. sethster99

    I’m in Baltimore on my final vacation before the world ends. I was looking for a lunch joint and saw a shake shack. I figured I’d have to see what all of the fuss was about.

    From the outside, it looks like any other downtown eatery, nothing special. I walk in the door and there are approximately 5 people in front of me. They placed the menu on the wall, so you could pick your food prior to getting to the front. It would have been a good idea to include everything on the wall, but they has other things on bland white paper in several places. Tacky!

    The shack burger has a burger, lettuce, tomato, and onion. You can then add bacon to it for an additional charge. Then they have the smoke shack that is a burger with bacon BBQ sauce and some red pepper mix. I chose the smoke shack because I wanted to try something unique. Also got the peach lemonade because it was quite hot out. The total came to $13 and change. Pretty steep for a fast food joint, but we’ll have to see. How it tastes.

    After waiting two minutes or so, my buzzer buzzed and I picked up my food.

    The fries looked and tasted like the crinkle fries you buy frozen at the grocery. The burger was good, but not really good. It was pretty dry, but the pepper sauce gave it a nice flavor. The peach lemonade was digusting.

    The decor reminded me of chipotle. Simple and drabby.

    After stuffing my face, I had to drop a deuce. The bathroom was unisex with a baby changing station. It smelled like shit, the garbage was over flowing. The TP was the thinnest they make it. The toilet and sink were manual, so you had go hope people actually flushed.

    Overall, this place is an extremely overpriced steak and shake on all accounts. I will not be wasting another meal there.

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