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
23,455 Blog Posts

GOOD NEWS EVERYONE: ARAMCO WILL SAVE YOU

I’ve searched far and wide for an elixir to cure the every day bear market crash/cataclysm, and I’ve found it.

BEHOLD in the glory of all of its proven oil reserves: The Royal family of the House of Saud bestows upon you, its subjects, shares of ARAMCO!

Sell your Chevron and Exxon Mobile and make room in your portfolios for one more oil stock. The House of Saud, a family we’ve all come to intimately love and endure, are showing UNPARALLELED generosity by permitting us to give them some of our dollars–in exchange for non-voting shares of their most prized possession.

ARAMCO.

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5 comments

  1. kasparov

    The timing of this IPO reeks of desperation. Maybe they’re starting to feel the self-inflicted pain of $30 crude?

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  2. edgar

    Maybe the China government will let me buy b shares of the big banks too. oh boy.

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  3. it is showtime

    Somebody get this market a tampon

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  4. bexpo

    Yeah right – I’m going to invest in the leaders of Al Quada, ISIS, Hezbollah, Hamas & the major exporters of Radical Islam & Sharia Law? I don’t think so. The U.S. is already supplying them with military weapons. We need to cut them loose – Let’s see what they do on their own. DESTROY. Hope they choke on all their oil & sand.

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  5. zheeeem

    That’s, well, ridiculous. I’m pondering the irony of buying stock in a company that is doing its utmost to kill the sector it works in by slashing its margins to zero. Oh. Yeah. That sounds good! Sheeeesh.

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