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Monthly Archives: February 2017

Antifa Thug Brags on Twitter to Beating Man Unconscious at Berkeley Riot

Criminals are not very smart people — which is why they always get caught. The man who was beaten unconscience is rumored to have died. I don’t have anyway to deny nor confirm, only that he sustained serious head wounds and was taken to the hospital.

The clown below bragged about it on Twitter, but has since locked his account after getting doxxed.

Here is video of the man, after the fact, while another was being dragged and beaten with a shovel.

Here’s another angle.

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Antifa Losers at Berkeley Attack Women with Flag Poles and Pepper Spray

Some super cucked loser sprayed a woman in the face, while she was giving an interview with someone, because she was wearing a Trump hat at the Berkeley protests — which later became a riot — because Milo had planned to speak there.

Here’s another angle of together incident.

Here is another incident where a young woman was hit in the head with one of their terrorist flags, and then pepper sprayed — because they’re anti fascist and want ‘true democracy’.

I am familiar with violence, having grown up surrounded by it. These people committing acts of violence aren’t tough, they’re cowards attacking defenseless people — in this case women.

I look forward to more AntiFA protests, culminating to an event when a proper police force cracks their heads open, en masse, teaching them a lesson they will remember for life.

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Fascists Shut Down Milo Event at Berkeley

Breitbart columnist, Milo Yiannopoulos, was supposed to give a speech at ultra left wing University at California Berkley — but was shut down by the AntiFA (anti-fascist) weirdos — who, rather ironically, act exactly like fascists by shutting down free speech of anyone they disagree with. It’s worth noting, AntiFA has been at the vanguard of the anti-Trump protests, making them — literally — anti-democratic.

Milo just released this statement, letting people know he was evacuated and that he was safe.

Here are some of the domestic terrorists at Berkeley.

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Senator Jeff Sessions Approved to Become Next Attorney General of the United States

Senator Jeff Sessions has been approved by the Senate Judiciary and will become the next Attorney General of the United States.

So, with Trump coming through on all of his campaign promises, thus far, I’m presuming Jeff Sessions may pursue legal action against Hillary Rodham Clinton.

What say you?

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FAKE NEWS ALERT: Trump Menaced Australian, Mexican Leaders, Threatened to Send Troops into Mexico

Since the media has proven to lie over and over again, using ‘anonymous’ sources as a shield to publish blatant propaganda — directed to hurt President Trump — paint me skeptical over tonight’s alleged ‘leaks’ that attempt to cast a negative hue over Trump’s discussions with foreign leaders.

Here are some of the comments made by Trump, according to the mysterious leaker.

Trump to Mexico’s Nieto:

“You have a bunch of bad hombres down there,” Trump told Pena Nieto, according to the excerpt given to AP. “You aren’t doing enough to stop them. I think your military is scared. Our military isn’t, so I just might send them down to take care of it.”

Mexico’s foreign relations dept calls bullshit on the report.

Mexico’s foreign relations department denied that account, saying it “is based on absolute falsehoods,” and later said the statement also applied to the excerpt provided to AP.

“The assertions that you make about said conversation do not correspond to the reality of it,” the statement said. “The tone was constructive and it was agreed by the presidents to continue working and that the teams will continue to meet frequently to construct an agreement that is positive for Mexico and for the United States.”

That was the first ‘bombshell’ to hit the internet, sending leftards to the lavatory for expeditious masturbation.

Then a phone call transcript between Trump and Australia’s Turnbull, or at least the juiciest part of it, was leaked to the AP — which showed an irate Trump pissed off over a deal that would force the United States to accept 1,250 refugees currently being held in Australia.

At one point Trump informed Turnbull that he had spoken with four other world leaders that day — including Russian President Vladi­mir Putin — and that “This was the worst call by far.”

“This is the worst deal ever,” Trump fumed as Turnbull attempted to confirm that the United States would honor its pledge to take in 1,250 refugees from an Australian detention center. Trump, who one day earlier had signed an executive order temporarily barring the admissions of refugees, complained that he was “going to get killed” politically and accused Australia of seeking to export the “next Boston bombers.”

So that’s it? This is the damaging details of Trump’s approach to flaccid leadership in both Mexico and Australia? My question is this: how could these transcripts leak to the media without it being traceable, or were they leaked by the foreign leaders themselves?

Or, is this another foray into the blissfully ignorant world of fake news?

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NONSENSE: Facebook Declares 25% of the World’s Population Uses Them

Facebook crushed earnings and the stock is up a little bit in the after hours. Everyone loves Mark Zuckerberg for creating the world’s best spy site, preferred by law enforcement officials everywhere. I get it and I’m not going to impugn his achievements, other than suggest his claim that nearly 2 billion people use $FB on a monthly basis is wholesale horseshit.

EPS: $1.41 per share vs. $1.31 per share, adjusted, expected by a Thomson Reuters consensus estimate
Revenue: $8.81 billion vs. $8.51 billion expected by Reuters
Monthly active users (MAUS): 1.96 billion vs. 1.83 billion expected by StreetAccount
Daily active users (DAUs): 1.23 billion vs. 1.19 billion expected by StreetAccount

Does anyone else think this is bullshit, or is it just me? Most of the world’s population can’t find food to eat this evening and you mean to tell me they’re facebooking that — maybe perhaps snapping photos of empty dinner plates?

If two billion people are using Facebook, approximately 25% of the world’s population, then I have an oil well to sell you in Brooklyn.

They’re bots and pet accounts — dead people and scams. The fuck out of with this shit.

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The Speculative Fever is Back; Bubble Basket Back in Vogue

I run several indexes inside Exodus, mostly to track certain things I view important to the health of the market. One of them is a semi annually adjusted ‘Bubble Basket’, which consists of 25 overvalued stocks — from all different walks of life.

Year to date, it’s higher by a staggering 13%, crushing everything else to ten thousand pieces.

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If this were to happen last year, I’d probably view it bearishly, since the onerous Obama regime was an oppressive form of government out to ruin prosperity. But since things are looking up now, via lower taxes, bigly cuts in regulations, fiscal stimulus etc, I view the fervor in the bubble basket as an indicator that animal spirits (extra Yolo Wolf) are running high.

All of the best markets I’ve ever traded in were bubbles. I fucking love bubbles and hope to trade in another one soon.

Speaking of bubbles, $FB just crushed earnings. Boring.

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NEW PURCHASE: Look at Me, I’m a Zinc Miner Now

In addition to current zinc related positions, $TECK, $HBM, I bought the world’s second largest zinc miner today, acquiring a stake in $VEDL — localed in the slums of India.

Since I was already fully invested, this is a foray into leverage, a world replete with broken dreams festooned with wolf masks.

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The price of zinc has risen by 73% over the past year, the best amongst base metals. The core thesis is infrastructure spending. Zinc is mainly used to galvanize stainless steel, used mostly in car production and infrastructure projects.
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In my estimation, it will be next to impossible for me to lose money on these investments over the next 6 months. The world is a fluid confluence of events, so let’s see how this pans out first, before I begin the celebratory festivities.

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U.S. Steel Sees Optimistic Future: ‘Trump is Remaining True to His Promises’

During this morning’s U.S. Steel earnings conference call,  CEO Mario Longhi said he was optimistic that tubular steel had bottomed and that  trade issues were improving thanks to tighter controls by US regulators to make sure Chinese companies weren’t circumventing the law and dumping government subsidized steel on American shores.

Additionally, he praised Donald Trump for remaining true to his campaign promises to encourage people to buy American and hire American — citing The Donald as being very open and curious — which he viewed as rightly optimistic for the state of his business.

Trade issues? It’s one of the areas where opportunity remains real. We continue to remain engaged, good work is being done. Commerce Dept is now issuing more details on what is being shipped and from where, this should help with enforcement.

Trump administration has openly declared they will do everything they can to enforce the trade laws. One area that remains a concern is circumvention. But co feels optimistic about trade issues. Co does not like to use the word protectionism, we are not asking for a favor. Rule of law needs to prevail everywhere and US Steel will remain vigilant, otherwise conditions will quickly return.

Can you break down $1 bln headwind forecast for raw materials in 2017? Coal prices are much higher in Europe, that’s really what’s driving it more than in the US.

What is Trump asking from you? Trump is remaining true to his promises, buy America, hire America. He has been very open and is paying attention. We think this is all very positive. He’s very curious and once cabinet in place, conversation will continue and action will follow which will be positive for the steel industry.

For the quarter, $X crushed earnings and guided up FY17 earnings to an astounding $3.08 v previously expected $1.67.

Reports Q4 (Dec) earnings of $0.27 per share, excluding non-recurring items, $0.29 better than the Capital IQ Consensus of ($0.02); revenues rose 3.0% year/year to $2.65 bln vs the $2.67 bln Capital IQ Consensus.

Co issues upside guidance for FY17, sees EPS of $3.08 vs. $1.67 Capital IQ Consensus and EBITDA of ~$1.3 billion; Results for our Flat-Rolled, European, and Tubular segments to be higher than 2016; To be cash positive for the year, primarily due to improved cash from operations; and Other Businesses to be comparable to 2016 and ~$50 million of postretirement benefit expense.

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Over the past three months, shares of X have scorched higher by 69% — based off the hopes of a robust Trumponion fiscal stimulus budget. Any wall, bridge, tunnel or pipeline would likely require lots of American steel — which is the core thesis behind the shares of X.

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TEPCO TERMINATES CAMECO URANIUM CONTRACT; CAMECO REJECTS ANY SUCH TERMINATION AND PROMISES TO PURSUE ITS LAWFUL RIGHTS

Well this is interesting. Due to being burdened with regulatory issues in a post Fukushima Japan, the utility that underwent the meltdown, TEPCO, refused delivery of their monthly uranium shipment and informed $CCJ they’d terminated the contract.

In turn, Cameco rejected any such cancellation, based upon the law, and has promised to pursue their rights to seek payment from the insolent knaves at TEPCO.

Source: CAMECO
Cameco (TSX: CCO; NYSE: CCJ) announced Tokyo Electric Power Company Holdings, Inc. (TEPCO) has issued a termination notice for a uranium supply contract with Cameco Inc. that we do not accept. Cameco Inc. sees no basis for terminating the contract, considers TEPCO to be in default, and will pursue all its legal rights and remedies.

On January 31, 2017, TEPCO confirmed it would not accept a uranium delivery scheduled for February 1, 2017, and would not withdraw the contract termination notice it provided to Cameco Inc. on January 24, 2017. TEPCO alleges that an event of ‘force majeure’ has occurred because it has been unable to operate its nuclear generating plants for 18 consecutive months due to government regulations arising from the Fukushima nuclear accident in March 2011.

“We are surprised and disappointed that TEPCO is seeking to terminate its contract given all the past productive discussions we have had to date,” said Tim Gitzel, president and CEO of Cameco. “For the past six years we have worked in good faith with TEPCO to restructure this contract, and would continue to do so if there was any basis for a commercial resolution. During the past week we tried to engage TEPCO to obtain clarification given conflicting information we had received previously from them and only received confirmation of their intent to terminate the contract yesterday.”

“Now we will vigorously pursue remedies to recover value for our shareholders and other stakeholders, as we have done successfully in the past.”

Under the contract, TEPCO has already received and paid for 2.2 million pounds of uranium since 2014. The termination would affect approximately 9.3 million pounds of uranium deliveries through 2028, worth approximately $1.3 billion in revenue to Cameco, including about $126 million in each of 2017, 2018 and 2019 based on 855,000 pounds of deliveries in each of those years.

In 2017, Cameco’s consolidated revenue, including the TEPCO volume, is expected to range between $2.1 billion to $2.2 billion. More information on Cameco’s 2017 outlook will be provided with our annual results which will be released after markets close on February 9, 2017.

Cameco Inc. will be moving expeditiously to enforce its rights under the uranium supply contract to recover losses arising from TEPCO’s actions. The uranium supply contract provides for disputes to be resolved by binding arbitration after a period of good faith negotiations. As with any commercial dispute, it will take some time for a resolution to be achieved, particularly if it proceeds all the way to arbitration.

Cameco has sufficient financial capacity to manage any loss of revenue in 2017 as a result of the dispute.

All estimates and uranium volumes are provided on a consolidated basis for Cameco using expected contract prices and an exchange rate of $1.00 (US) for $1.30 (Cdn) and do not reflect any resale of the cancelled deliveries under the contract with TEPCO.

$CCJ is careening lower on this news.

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Considering the fact that TEPCO represents just 5% of CCJs 2017 revenues outlook and the stock down more than 10%, I’d say the sell off is a bit overdone. This is likely a good entry point into the uranium sector.

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