A New Kalobios is Set to Scorch a Freshly Minted Group of Idiot Traders: $LEDS

I read somewhere that an insider bought some stock, in this lowly ranked piece of shit LED company. Whatever the case may be, just like I foretold the doom that beckoned in the shares of KBIO, I am telling you now that this is going to end in ruin too.

I used to trade this stock, mainly for fun, when it was a dollar. Now that it’s $10, every fucked face on StockTwits wants to play it. Don’t you understand, this is a ponzi scheme? The company might not be scheming, but the share price manipulation will end in a pile of bones.

I understand your rationale for wanting to play this. You figure the float is so small, currently about 1.5 million shares, and the momo is strong. By the looks of it, you might be able to eek out a quick 50% gain, no? This way of thinking has destroyed more traders than anything else. When you stop to think about what you’re doing, you will realize that you’re playing with fire.

If this post convinces just one person from diving–headlong—into a empty pool filled with sharp stones of granite, then I’ve done my public service for the day.

Quit trying to take short cuts, you fucking booze hounds.