The Fuckery is So Real With $DRYS, It’s Almost Unbelievable

Full disclosure: I bought an 8% position in $DRYS about a week ago, and have rued it every since.

To me, investing has always been a creative outlet. I love the ebbs and flows of it and all of the nuances that often go unnoticed.

Let’s look at $DRYS, as an example.

After the election, this stock went on such a run, people thought they just invented a fucking time machine. The message boards were rampant with speculation, by ebullient traders basking in the warm glow of a stock on fire.

I did warn you.

The company did a financing. The stock got annihilated. It sold off a little more. And then got annihilated once more.

Yesterday is dropped an asinine 35% on news of a reverse split. Explain that logic to me.

In short, the stock — quite literally — shot higher towards the sun, got burned, and came crashing down — wingless and depraved. After a 2,000% move higher, it’s now down 99% from its highs.

So after all of that drama, what does the company do to shore up investor confidence?

THEY BOUGHT ANOTHER VESSEL.

What in the actual fuck?

DryShips announces that it has acquired one Very Large Gas Carrier currently under construction at Hyundai Heavy Industries for a purchase price of $83.5 mln. The Company financed the closing price of $21.9 mln by using part its undrawn liquidity under the $200.0 mln New Sifnos Revolver, which now stands at $142.9 mln. The $61.6 mln balance of the purchase price for the VLGC will be payable in installments until the vessel’s delivery from HHI.

“We are very pleased to have acquired our first high specification VLGC newbuilding opening a new era of investments since the restructuring of our balance sheet. The closing of our first investment in the gas carrier segment, DryShips announces that it has acquired one Very Large Gas Carrier currently under construction at Hyundai Heavy Industries for a purchase price of $83.5 mln. The Company financed the closing price of $21.9 mln by using part its undrawn liquidity under the $200.0 mln New Sifnos Revolver, which now stands at $142.9 mln. The $61.6 mln balance of the purchase price for the VLGC will be payable in installments until the vessel’s delivery from HHI.

“We are very pleased to have acquired our first high specification VLGC newbuilding opening a new era of investments since the restructuring of our balance sheet. The closing of our first investment in the gas carrier segment, which we believe will be highly accretive to earnings and cash flow, was financed by our New Sifnos Revolver evidencing once more Mr. George Economou’ s commitment to DryShips.”

I guess we don’t have to sorry about the company dropping $83m into this black hole of a vessel, since it’s going to be ‘highly accretive to earnings.’

Some people believe D.C. is going to be a plutonium wasteland by the end of the day, with 65 democrats opting out of the event, alongside the all of a sudden sick George Bush 1, signaling a red flag of chicanery to come. But I doubt anything will happen today, other than Donald Trump, officially and quite amazingly, becoming the 45th President of the United States.

If you’re on Twitter a lot, like I am, be sure to follow iBankCoin’s own Zeropointnow. He’ll be live tweeting the event.

"Deploraball" Protests Turn Bloody As Trump Supporter Assaulted With Flagpole https://t.co/G00CtT3Fk1 pic.twitter.com/ndLNbmgiCl

— ZeroPointNow (@ZeroPointNow) January 20, 2017

For those of you who aredently oppose Trump, because of the MUH Russians or for some other high anxiety reason, chill the fuck out and have a drink. You’ll be fine at the end of his 8 years, just like some of us are fine after Obama’s. And please don’t get caught up in the ancient trick used by government to placate mobs, the elixir of false hope to distract them from their grief. Accept Trump and grieve your losses like men and move on.

He isn’t going to get impeached.

We’re going to have a shitload of fun under Trump, a wild cannon who says whatever the hell is on his mind. Personally, I loathe politicians, always talking from both sides of their ass. We’ll get straight talk from Trump. We’ll be treated like adults, and not transgender retards. Lastly, America is going to be great again and both Mexico and China will pay for their many transgressions.

Investment wise: expect change. I prefer nuclear stocks.

At the end of the Bush administration, I hated the republicans. George was such a fucking idiot, alongside the tea party retards. I viewed Obama as a welcomed respite. In hindsight, I probably voted for Obama to prove that I wasn’t some sort of redneck racist.

The Obama administration was very good for stocks — maybe the best ever. But at what cost?

The national debt has doubled, borrowing more than $9 trillion since 2008 and the Fed’s balance sheet has gone from $700 billion to $4.5 trillion. This whole economy is a fucking illusion, a sham. Try to unwind those positions and start paying down that debt and you’ll see the true nature of the economy and the markets.

Obama did nothing, other than kick the can down the road — passing on a nuclear time bomb for future generations. By that fact alone, I consider Obama a grandiose failure, of the community organizing varietal. I’m not even going to get into the wars and his social policies — which has laid waste to the social fabric of America.

So what stocks did the best over the past 8 years, an era defined by crony capitalism, massive advances in technology, and social networks?

BAD NEWS FOR TRADERFAGS. Most of the big winners were held captive by FRED ‘Fucking’ WILSON and his crony capitalist VC pigs. Those greedy fuckers presided over monumental gains in social networks. Here are a few.

Facebook: $4b valuation in 2008 to $363b today.
Twitter: $1.5m valuation in 2008 to $12.3b today.
Yelp: $200m valution in 2008 to $3.2b today.
Snapchat: $485k in 2012 to $25b today.
Airbnb: $20k valuation in 2009 to $30b today.
Uber: $200k valuation in 2009 to $70b today.

That’s where the real money was made. Let’s see what scraps were left over for us — the little rich people.

$TREE +5,130%
$NFLX +4,415%
$JAZZ +4,400%
$DPZ +3,517%
$MKTX +3,300%
$PCLN +3,100%
$ULTA +3,000%
$INCY +2,800%
$MGPI +2,800%
$PPC +2,200%
$PRSC +1,700% (literally a welfare play)

And here were the losers.

$BBRY -85%
$APOL -85%
$SPWR -79%
$SHLD -77%
$FSLR -76%
$RIG -75%
$AVP -73%
$FRO -73%
$CYH -66%
$JCP -66%
$CHK -65%
$BBG -64%

Notice any trends? Which will be the biggest winners and trends under Trump?

I saw a world in need of automation, superfluous comforts indicative of a nation with plenty of excess. It was an era of wanton hedonism for the elite, and a grueling struggle for everyone else. One cannot discuss Obama without thinking about healthcare — his cornerstone issue during his time in office. It failed and now we have to deal with the ramifications.

This is what happens when two libfags get together and breed. The child is innocent. This is a reflection upon them and their abhorrent parenting skills.

Those same people featured above have been camped outside of the DeploraBall Event, with the keynote speaker being Milo from Breitbart, claiming they were Nazis — because MUH alt-right.

Not before long, the savages could not contain themselves and ended up getting MACED in the face by police for attacking Deploraball attendees.

Police use pepper spray after empty bottles thrown at #DeploraBall attendees. More pepper spray in my eyes pic.twitter.com/LmCZCFIWaO

— Alexander Rubinstein (@AlexR_DC) January 20, 2017

Anti-#Trump protest in DC outside the #DeploraBall https://t.co/0oguBgn3Eu

— RT America (@RT_America) January 20, 2017

This, of course, is DEVELOPING…

I’m probably not gonna be a big fan of Mnuchin — should he become our next Treasury Secretary. I’m aware that we need someone with connections and know-how at the Treasury, but paint me skeptical about letting yet another Goldman Ballsachs alumni run our nation’s finances (as if we had a choice).

During today’s hearings, Senator Wyden ranted on and on about Mnuchin’s history as a successful businessman — describing capitalism, basically, in its rawest form — only to be upended by a very genteel and kind Senator Roberts, who offered him a valium to chill the fuck out.

Classic shilling by both parties today. Good show.

Here was Wyden grilling Mnuchin.

Governor Tarkin from the Deathstar wishes Trump well, ahead of the inauguration — by hoping that he fails and calling him a would be dictator that will be stopped.

Also, he thinks markets have gone higher because ‘all of their dreams have come true’, via both tax rates and regulations coming down under Trump. But since he believes Trump will fail, markets will, eventually, respond negatively to what he called ‘inherently contradictory’ policies which will become an anathema to investors.

Since the election, markets have begun to price in a faux inflation — something the Fed has been desperate in doing for the past two years. This has given them the gumption to, finally, embark on an actual path towards higher rates. Gone are the days when Yellen would merely threaten to hike rates, but actually do nothing. Now the Yellen Fed is armed with FAKE inflation news — which in turn has caused yields to spike higher.

Let’s be clear: if Trump is unable to improve the US economy, he will be a failed President. He lacks the ‘coolness’ of a thin smoking Obama — lauded and adored by a sycophantic media — fully supportive and congratulatory of wanton bombing of brown people by hordes of Barry’s drones.

Bear in mind, our beloved Republican conservatards presided over Obama’s 8 years of ruinous spending — accumulating more debt than every other President COMBINED. Of course, the stock market is at record highs; Obama has spent 9 TRILLION DOLLARS more than the budget permitted — effectively doubling the national debt to $20 trillion. On top of that, the Fed’s balance sheet has increased from $800b to $4.5t under Obama.

In all, the government and the Fed have stimulated the economy with more than $13 trillion since 2008.

It would be all too coincidental if the republicans, all of a sudden, found religion on spending and stood in the way of Trump’s fiscal stimulus projects — namely the great big southern border wall. To that point, spiking yields on treasuries doesn’t help the matter — as the interest to carry new debt rises — so do the chances that Trump’s plans will be derailed.

Plainly, the incessant pushback by shills like Ben Collins from the Daily Beast is precisely why I’m more inclined to believe something is very wrong with Comet Ping Pong Pizza. It isn’t the message boards, or the conspiracy theorists, but the strongly worded and smug opinions of people who are always proven wrong that lead me to believe, once again, they’re wrong.

Here is the very straight forward and hardly conspiratorial reporting by Ben Swann regarding Comet Ping Pong and the incessant fervor by the media to quickly and thoroughly dismiss it as bunk.

In response to that, Ben Collins from the Daily Beast affixed a tin foil hat onto a picture of Swann, penned a useless article that tried to tie him to the MUH Russians, and then bitched about some of Swann’s previous work and the fact that no one at CBS Atlanta took his calls.

Right.

Here’s Collins in his ‘gotcha moment’, Pulitzer worthy, piece today.

In his last job at Russian state-TV outfit Russia Today in 2015, he reported that “any credible evidence does not seem to exist” that Russia shot down Malaysia Airlines Flight 17, simply that it “fit the narrative the U.S. administration was hoping for.” On his own YouTube channel he said he had “major problems with the theory” that the Aurora, Colorado, theater shooting and Sandy Hook Elementary School shootings were each conducted by “lone gunmen.”

“There’s a good reason to question this whole narrative: There’s been no evidence so far provided by police, other than what they’ve told us,” he said in his Sandy Hook truther video.
Swann took the same approach to Tuesday’s Pizzagate exposé, saying he spent the “last month investigating” it. In the report, Swann never reached out to any of the mentioned pizza shops, the FBI, the Washington D.C. Metropolitan Police Department, John Podesta, the Clinton campaign, or any of the people named or featured in pictures that aired throughout the report.

“To be clear, not one single email in the Podesta emails discusses child sex trafficking or pedophilia. That is a fact, but there are dozens of what seem to be strangely worded emails dealing with pizza and handkerchiefs,” he said. “What the media is ignoring is that the Comet Ping-Pong Pizza place is actually referenced in the Podesta emails at least a dozen or so times.”

Let me get this straight. Ben Swann is wrong for even mentioning Comet Ping Pong and Besta Pizza and satanic rock performers who play regularly at Comet, who by the way literally have a logo synonymous with pedophilia representing them, because he used to work for the fucking Russians at RT and some of his previous work questioned main stream media reporting of events that looked and sounded like complete bullshit to others not bluepilled?

That’s Swann’s niche you fucking idiot.

The problem with the main stream media shills, aside from being ineffective and not serious in their thinking, is that they believe they own the truth. Often times the truth is a phantom, a ghost in the wilderness, being shrouded and protected by people who have an incentive to conceal it.

Personally, I welcome people like Swann, and others like him, with the courage to discuss topics that many are thinking about, but never get a chance to actually hear about it in the media — which is why the internet is crushing them into a thousand tiny pieces to be flushed away into the vast sea of oblivion.

Ben Swann did nothing wrong.

I’m not at all interested in what ‘analysts’ have to say about the $NFLX beat. We all know why they beat, Stranger Things. Yes?

House of Cards is dying off and before Stranger Things, shares of NFLX weee languishing a bit. If you haven’t seen Stranger Things and really want to relive the 80s, and see a great show, I strongly advise that you watch it.

My question to the iBankCoin audience is this: why do you subscribe to Netflix? Is it for the branded programming, access to old as shit movies, or because of social pressures?

Interestingly enough, I ran a poll on Twitter and my followers aren’t in the least bit interested in Stranger Things.

Which is your favorite $NFLX show?

— The_Real_Fly (@The_Real_Fly) January 19, 2017

What is your favorite show?

Here’s what Canaccord had to say, after raising the price target to $160.

09:00 | NFLX | (133.26)
Netflix target raised to $160 at Canaccord Genuity — Sub growth persists, original programming drives engagement, cash needs for content costs point to additional debt raises
Canaccord Genuity raises their NFLX tgt to $160 from $140 stating, “Earnings and pricing improvements improvements are encouraging, as viewers are embracing Netflix’s original content around the world. We note that Netflix plans to continue to invest more in original self-produced content, which has higher upfront cash expenditures, and is the driving reason behind the divergence between free cashflow and operating income. Meanwhile, the company still plans on demonstrating operating leverage as it is targeting 2017 operating margin of 7%, up from 4% over the last two years and above our prior estimate of 6%. We believe Netflix is still quite early in penetrating international markets, and its content strategy seems poised to continue to help subscriber growth as we enter a phase of heightened SVOD competition, especially in the U.S.”

Well, you don’t say? Risks remain on the downside, as they should. When was the last time you were worried about upside risks? For the love of Christ, when will they just admit QE is for life?

These central banks can never sell their securities without destroying the world. The Federal Reserve owns $2.4t in treasuries. Do you know what that’s called? A fucking doomsday weapon.

Earlier on the euro was making a spirited run on the almighty dollar. This, of course, was fucking child’s play. The ECB is committed towards $80b per mo in bond purchases, while we’re hiking rates like submental apes.

All of this is bullish for equities. The more central bank rigging, the better. Short sellers don’t stand a chance when the game is stacked against them like this.