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

Wall Street Awakens to Merger Monday; Let the Money Flow

The joys of free money washing across the bows of Wall Street. This is what you call ‘Merger Monday’, starring a litany of deals that stokes investor interest to find the next one. If you’ve been shorting stocks and generally rooting for the world to burn, this is not what you wanted to see upon waking up from your hibernation.

This speaks to the virility of man, the punching of corporate America to make themselves bigger, leaner, and more profitable. With all of the ‘synergies’ about to take place, one should expect share buybacks and wanton firings, as these companies merge.

$T is buying $TWX for $85b

$AMID is buying $JPEP for $2b

$AMTD is buying Scottrade for $4b

$COL is buying $BEAV for $6.4b

China Oceanwide is buying $GNW for $3.8b

As an aside, shares of $SYT are plunging this morning, on news that their arrogant suitor, Chem China, offered no concessions to the European Commission, with regards to competition concerns. I haven’t the slightest clue would those criminals in the concession want, maybe a bribe or two? But it looks like that deal could be dying — which might be great news for the newly formed evil combination conglomerate of Dow Chemical and House DuPont. Wouldn’t it be nice if they could buy $SYT and dominate the industry?

Futures are up strongly and Hillary Clinton is up a gazillion points in recent rigged polls. You should expect to see a nice rally out the gates — followed by even more rallies into the close. I will be selling short a handful of companies this week, after revealing my FIST OF DEATH plays in Exodus. As a short seller with cash, this rally is precisely what you’d like to see — heading into what could be the very worst holiday shopping season in this history of mankind.

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9 comments

  1. dragun

    Me thinks bricks and mortar .. JCP perhaps?

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  2. juice

    Soros is juicing futures as he shorts stocks and indices and sells to the Hillary-good-for-market lemmings. He knows the real polls.

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  3. the_swatter

    what is half-life of this¿:

    https://postimg.org/image/h1zpytxd9/

    U with WW3¿¿¿

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  4. dragun

    I see a lot of comment here of Trump winning. Given how the media is controlling the narrative how she was behind, slowly making up ground , asking Trump if he will concede following the results, and now shes killing it. Do you think its possible to really see Trump win? I imagine a result close enough to win for Hillary, far enough apart to hard to contest. Just trying to get a sense of what people are thinking.

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  5. roundwego

    Bonds selling and oil selling. Odd.

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  6. tha pirate

    Is it just ME or does Legere look like the villan in “No country for Old Men”?

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  7. macpatton

    We need a new Tom Hayden to pop up in the millennials.

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