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
23,446 Blog Posts

Morning Poppers (there will be no pullbacks edition)

The manlets in Europe have produced a flat market today. Color me unsurprised, especially since they’re all a bunch of Krampus loving faggots. Here in the states, we embrace Santa Claus and Coca-Cola, and we buy stocks into the biggest shopping season of the year — because we have excess wealth and do not know what to do with it.

LFIN is down 17% after the CEO’s disastrous interview on CNBC. If I was a CEO of a company whose stock just went up 5,000%, I’d keep very silent, like a mouse, eating morsels of cheese, trying to keep that shit elevated as long as I could. It is the job of the CEO to increase shareholder value, no matter the case. That gent at LFIN is guilty of crimes against capitalism.

It looks like we’re getting some more action crypto proxy space this morning. My little NXTD is higher by 40%; thank you very much.

Here are some other headlines, as future hit +50 for the morning session.

Ulta Beauty upgraded to Buy from Neutral at Buckingham Research

Pareteum Corporation (TEUM) announces that it has paid its lender $8.1 million, the remaining balance of its senior secured loan from Atalaya Capital Management and Corbin Capital (“Lenders”).

Nxt-ID subsidiary Fit Pay & Australia and New Zealand Banking Group (ANZBY) reach agreement to extend contactless payment capabilities to a range of new devices (1.59)
The agreement enables ANZ cardholders to make secure contactless payments at NFC-enabled point-of-sale locations directly from Internet of Things and wearable devices that are integrated with the FitPay payment platform.

Jack In The Box to sell Qdoba Restaurant Corporation to Apollo Global (APO) for $305 mln in cash (shares halted)

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One comment

  1. dragun

    flattened out abs return model +953 bps ytd. keep the powder dry for the new year. model is systematic with monthly re-balance. I only intervene on year end to flatten model going into a new year. now its popcorn time

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