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
20,083 Blog Posts

MAY THE RAINS OF AFRICA STRIKE DOWN THOSE WHO BET AGAINST ME

I’m in this African shit stock JMIA — because I cannot think of a worse stock to own. We’ve gotten to the point where the very worst stocks are the ones that do the best. I recall a short time ago when the fagLORDS from CNBC anointed JMIA as the “Amazon of Africa.” After a few months and 90% downside PIN ACTION, you don’t hear a peep from them.

The problem with CNBC is they’re whores. They don’t trade stocks and they’re weak, very weak and flaccid people. Vacuous too. As a matter of fact, they are the very worst people on the planet. Why do we watch them? Because Fox Business sucks.

I used to watch CNBC religiously and could not understand why other people didn’t watch it. We’d go to lunch and order the waitress or bartender to “put that CNBC on now — you hear me?” No one was better than us, believe me. Nowadays I can’t stand it — literally the worst.

By the way, JMIA can go either way. I don’t have conviction about it, other than the fact that it’s a joke of a company. Because of that, I am long betting for a squeeze higher.

This is what I booked today, so far.

FTSV +9.2% (overnighter)
MTCH +2.5%
NOAH +3.4%
SAIL +2.2%

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One comment

  1. acehood

    SBUX for the 100 roll, you follow?

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