The past week has marked a new low in degeneracy on Wall Street, men and women chasing shit stocks directly into the furnace. After each closing bell, secondaries have bedraggled these people and removed them from their limbs — tossing their core into pits of fire to be devoured whole by goblin investment bankers.
I am not immune to this, having felled victim to a most RARE RAPING — the old intra-day HALT and secondary announcement. These do not happen with normal companies, only the worst. Today I sold out of HEXO for a 21% loss — after they RAPED me via secondary offering. As a matter of fact, I cleaned out a whole mess of poorly timed trades today for losses.
Today’s results.
(HEXO -21%)
(KC -8.5%)
(AQST -6.2%)
OGEN – wash
(SDC -4.1%)
(LL -5%)
(W -4.2%)
MFA +2.5%
(BYND -0.7%)
CDLX +1.2%
(CPRI -1.4%)
Very bad fish indeud. Poisonous to some. I was out all day, attending to a medical issue, and bore witness to my trading room inside Exodus cavorting in peak vagrancy, discussing all of the 100%+ intra day runners and then CIDM fell victim to a raping of course. I am certain one or two, maybe more, inside of The Pelican Room caught that blunt instrument to the cranium.
The Nasdaq is all but 450 points away from new RECORD HIGHS. None of it makes any sense and we’re all just playing along because it’s fun and because why the hell not? At some point the rapings will be too much for speculators to bear and the collapse will commence. Until then, Disney is re-opening! Seaworld is re-opening. Re-hirings are taking place! Communities are getting ready to sashay to and fro the shopping malls.
NEW RARE ITEM IN THE IBC MERCH STORE. FLY ON WALL STREET ORANGE MUGS
The anti-China stuff is not going away, only just started.
Unfortunately, you are 100% on target.
Is there a chart tracing secondary offering?
OT
[email protected]
may, 19 at 13:12
On social media yesterday Tom Woods posted a link to a graphic distributed by the Wisconsin Department of Health and urged upon the public by the governor.
One of the recommendations is that couples sleep head to toe in their beds.
Presumably this will help keep them safe from the virus.
What can we even say anymore?
The preposterousness gets more extreme with every day, indeed every hour.
How can they not be laughing at us behind closed doors?
Excellent recommend for couples who believe the virus will remain with us permanently. They won’t catch COVID19, though herpes- and if you move a few inches south- may even get pinworms to boot.
my wife does not want my hairy toes in her face
Your trades today were my trades EVERY DAY that’s why I now I stack and collect GOLD EAGLES AND MAPLES in depositories and wait for NANCY and the rest of the good and generous GOVERNMENT to send me monthly $2000 payments to pay down my $12000 credit card debt THANK GOD FOR THE FED AND UBI!!!
The Fly has the good old fashioned values. He believes rape should be between a man and a woman.
Some excerpts from “WS Underground”, inv- letter by Nick Guarino.
“Set The Captives Free! Let My People Go…. Shopping!
The battle cry can be heard from NY to LA, Tx to… And the politicians are feeling the heat.
They want their malls back.. and do not forget baseball to football…. And the masses will go on the biggest spending spree you have ever seen.
Remember the trillions in the stimulus? Stimulus does not work unless people spend the money into the system. That will mean everyone will get a happy check, a bailout. Forgiveness on mortgages and credit card payments. And with a pocketful of money from happy checks and endless credit you will see the biggest mindless spending boom in human history”.
I’m long Gulf Coast Ford F-250 and Ranger bass boat dealerships.
In. Fucking. Size.
I hope all is well with you and yours.
Separately, while I’m not much for internet complementarianism …you have done a very admirable job trading this insanity. Much better than me on the way back up. My excuse: This is the very first end-of-empire I’ve traded.
The March crash set all kinds of records. It’s only fitting that the dead cat bounce is equally epic.
I have more than doubled my money trading these stocks. And they are still scraping the bottom. I will double again if &when they breakout.
AA,AAL,BA,BAC,BUD,DAL,JWN,LUV,M,SLG,SPG,RTX,UAL,WFC.
https://www.foxnews.com/politics/as-presidents-coronavirus-approval-drops-bidens-lead-over-trump-grows-poll
COVID looks more and more like a fatal blow to the Fuhrer as more and more senior citizens made up their minds. 🙁
Obamagate* isn’t helping but maybe Dow 30k (with intense rigging) will?
*Smearing the most popular former living president is a bad idea.
Go easy on the man, every one of his family business is heading for bankruptcy.
It’s really bad when even Fox News isn’t trying to spin his plummeting poll numbers.
I’m tempted to say that he is collapsing under his own weight but it’s more likely that he ethered himself with the musings of Clorox injection and hydroxychloroquine once-a-day.
Lmao Quinnipiac University…
It probably ranks higher than the Podunk U that you went.
Beware the unexpected cluster spike of the Rona .. The OC in SoCal just jumped to record covid cases today.. people were lolly gagging around in their cars today like the Virus never existed.. there was more traffic than pre Rona..
Aw yeah! Unemployment claims 2.4 M and continuing claims were a full million worse than expected.
That must be enough to take us to ALL TIME HIGHS.
That ensures a few more trillions printed for the stock market
Excellent news. Will buy more on this morning dip