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
23,445 Blog Posts

This Morning’s Movers and Shakers

futures flat, oil  little higher, gold down, dollars up, europe mildly higher

Higher

YUM +1.8%;beakless chickens, YOKU +22.4%;Chinese govt told BABA to assimilate them, WYNN -9.2%;mad as hell at crazy Chinese,  MAT -2.4%, GE -1.5%, SLB -0.7%; oil sucks, AZN -1.9% FDA horseshit

TWTR popping because Steve Ballmer tweeted he bought some stock (this is some dumb shit)
Good earnings: HSC +2.1%;good guidance, WAL +1.3%, CMA +0.9%, STI +0.8%, HON +0.4% .

M&A news: SFXE +44.2% (CEO Robert F.X. Sillerman discloses a 39% active stake in 13D, suggests he’ll buy the whole damned thing for $3.25, thank you very much)

Revenge of the Oil Men: BP +0.6%, RDS.A +0.5%, TOT +0.5%, .

Random Shit: YGE +15.4% (mystery), PTCT +13.1% (psychotics trade biotech), DY +6.3% (mystery!), NBG +4.3% (another mystery!), ARQL +3.8% (clinical yadda yadda yadda), TTM +1.6% (momo), OXY +1.4% (Reuters spreading scandal about them getting out of N. Dakota, soap opera shit), AFMD +1.3% (momo), BABA +1.3% (Jack Ma is from the govt of China, NVO +1.3% (mystery), MBLY +1.3% (TSLA rumors), SHPG +0.9% (myserious mystery!), WBAI +0.7% (momo), VRX +0.7% (Ackman must be mad, tho), ESPR +0.5% (mom), GOLD +0.4% (Congo bullshit), BIIB +0.3% (CRAMER PUMP)

Analyst stuff: LULU +0.7% (upgraded to Cool Kids from Dorks at Credit Suisse), DECK +0.4% (initiated with Do it at Brean), FEYE +0.3% (initiated with a Now it’s a Buy at DA Davidson)

There were a bunch of other upgrades and downgrades, like BOX, but I didn’t feel like telling you today.

Lower
Shameful Earnings: WYNN -9.2%, EXAC -6.8%, MAT -2.4%, SYRG -1.9%, GE -1.5%, SLB -0.7%, AMD -0.5%
The WYNN Cancer Spreads: LVS -2.9%, MGM -2.9%, MPEL -2.5%.

Miners not so cool this morning: VALE -1.2% ,RIO -1%, ABX -1%, SLV -0.8%, GDX -0.7%, GLD -0.3%.

Random nonsense: ZFGN -28.6% (FDA put them on hold; asked them to stop murdering people), CRZO -5.4% (earnings;dilutive share offering), MYCC -4% (dilution), SAVE -3.8% (no one likes their earnings and all the analysts laughed at them), SLRC -3.7% (who cares, really?), RDUS -2.4% (pullback), AZN -1.9% (FDA stuff), JAH -0.7% (prices a juncket of shares at $49).

Analyst trash talk: NAV -4.2% (downgraded to HORSESHIT from Buy at Longbow)

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5 comments

  1. nocturne

    Generous use of the words bullshit & mystery. Sums it up well!

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  2. zheeeem

    I really love these.

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  3. razorsedge

    A while ago u wrote a piece on short squeeze plays. At the time herbal life was in the head lines. Ackman, ican were at war. I think I played that 3 times, as it dropped I bought, when it popped I sold. I’m only mentioning this because of ntfx. It reminded me of the herbal life trade So in part I have u to thank.

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    • razorsedge

      I’m not recommending ntfx, I sold all . It’s multiple is HUGE

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  4. brian

    This section is among your best work.

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