Category Archives: Art
I am still long 1 million shares of FRO, legacy position kicking higher. The Last of the Mohicans no more.
I call this one “This Time is Different”
Sale location: Sotheby’s
Starting Bid: $150 billion
The city square was buzzing with onlookers, as the dick-guillotines were dragged and pushed to the center of the city. One by one, short sellers of all kinds were rounded up by law abiding citizens and placed inside of ‘penis liberators’, all the while the good tax payers of the city threw cabbage, garbage and bales of hay at the accused.
I sat there with pen and pad, and nothing more than a cup of tea to keep me warm. The weather was furious, well below negative 40 degrees fahrenheit–but the crowd of city tax payers and members of the great working class union behaved with the same zeal as a vacationing pleb somewhere in the tropic of capricorn. It was mandated long ago by our leader, Benjamin Bernanke, that ‘any and all short sellers shall be castrated and pushed from fertile lands, outcasted by society and labeled pariah by all who are good and just.’
NOTE: A portrait of the days events can be seen here.
Top picks: JRCC, EXK, HMC
I edged higher by 0.7%, despite having a fucking sinkhole heavily overweighted in my portfolios. As it stands now, YELP represents just 20% of my assets, thanks to all of that awesome depreciation. Thank the heavens for my other stocks, like TEX, EXK, MTW and NXPI, carrying the water for my YELP.
Naturally, the social media sector is being compressed, all thanks to the purposeful and criminal elements inside of the once great firm “Margin Stanley” (h/t:ZH).
The sniveling bastards at MS are the reason why my YELP is going lower. Nothing about YELP matters right now, but the valuation comparison to FB. As the FUCKBOOK valuation drops, so do its peers. I hope the spastic retards at MS (pun intended!) enjoy the 1.1% fee they received for doing the FB deal. Oh, what a splendid job they did too, inviting a bunch of flippers into the deal, fucking it from day 1 because their valuation metrics were off kilter.
See, Margin Stanley is a microcosm of what is wrong with present day America. One day, MS will go bankrupt or delve into oblivion forever. How do I know this? The fucking writing is all over the FUCKBOOK wall (another pun, and yes it was intended!). At this stage, all I can do it make up my YELP losses elsewhere and wait for the company to prove itself, independent from the leviathan that is FB.
With regards to the market: standard bounce, nothing too grande. Let’s see what tomorrow brings before we get excited.
BONUS: Chart Art.
This chart will be auctioned at Sotheby’s this spring.
Starting bid: $500,000
This morning I hit the crossroads on my VXX position, down 10%. One of my rules when evaluating positions is to determine at -10% if the stock is worth doubling down on or cutting the loss. At this level, the loss is still small. If I double down and it reverses higher, I’ll be driving up winship lane in no time at all.
To help me make this decision, I fell back on a little “t and a” to assist me with my “dilemma.”
As you can clearly see, that automobile is looking like an alligator and it’s emitting black smoke from its tailpipe, always an ominous sign. At sub 20 on the VIX, typically, it’s a good idea to build a position and just wait for the shit to hit the fan. Don’t worry about the rest, for the fan will spread the shit without pause. Finally, please take note of the “cock and balls” pattern forming. This is HIGH PROBABILITY occurrence and should be respected by market participants.
Needless to say, I doubled down on my VXX tits this morning.
Aside from that, I’m still eyeballing a few oil stocks for purchase. And, DECK is shitting the shower, as predicted by a certain SAM POSER. Well done, Sir. If I cared enough, I’d offer you a sincere apology for my critique.
Title: “They call me Dr. Copper”
Artist: HORATIO CLAWHAMMER
Auction House: Sothebys
Starting Bid: $99,000
This will be auctioned off at Sotheby’s the Friday after next.
Some of you fuckers are incapable of making your own breakfasts. How the fuck do you expect to bank coin in the murky waters of Wall Street?
Going with my gut, during today’s session, I went “full retard” in my personal accounts, betting on a decline. Every so often, I get “super fucker” aggressive with my personal money, specifically because I have money to burn, bitch. And, I am never wrong, nor do I lose. Like I said, I’m tilted head moronic retard, long VXX/TZA into tomorrow’s love fest.
For clients, all very prim and proper, yachting, super duper bow tie fucker serious people, I made them lean short into the bell. Not so much different than the Tower of Pisa, those fuckers are leaning one way, if you know what I mean. I sold most of PKX, which was a core position up until today. And, I bellied up to the bar, gobbling up more VXX like fish eat oil.
You all have theories about inflation versus deflation. For example, Mr. Gint has been 100% correct about gold. However, that shit has ZERO to do with inflation. That has become an end of days trade. If there was real inflation, TLT would be significantly lower. Motherfuckers, we’re entering the Deflationary Vortex.
Titled: Enter the Vortex, I Insist