Shares of $NVDA Tumble After Citron Warns of 2017 Headwinds

$NVDA has been the best performing semiconductor stock for 2016. But the stock is woefully stretched by any measure. It’s kind of funny that people are freaking the fuck out and selling now, just because Citron issued this tweet, warning that the stock is vulnerable to a little downside. They believe the shares are heading to $90.

Citron readers know we have long been fans of $NVDA,but now the mkt is disregarding headwinds. In 2017 we will see $NVDA head back to $90 pic.twitter.com/n4U7f6eV7G

— Citron Research (@CitronResearch) December 28, 2016

In Exodus, we visualize valuations using graphs, in order to crystallize data. Have a look at NVDA’s PE, p/s, p/b and fair value analysis and tell me the stock isn’t ridiculously overvalued here, based off historical norms.

Many of you said you missed the old Fly swashbuckling around, playing with sticks of dynamite for the sole purposes of banking coin. Well, I’m swashbuckling like a motherfucker here, playing with live nuclear bombs in a last minutes gambit to execute an XMAS MIRACLE — long $UEC with all of my trading assets. The whole fucking account is in a god damned penny stock and I haven’t worried about it for a singular second.

Do you know why? Because my winship is all but guaranteed. Donald J. Trump is going to build the biggest and the best nuclear bombs the world has ever seen. He’s gonna build so many of them, alien races from other planets will come here to attempt to slow him down.

Do you know what will happen then?

He’ll take 1,000 of his finest nuclear missiles and send them through a fucking space portal to blow up their ancient planet, easy come, easy go, like a fucking Deathstar exercise from the movie Rogue One.

Meanwhile, I’ll be here chewing on pieces of bread with meat in it, celebrating my swashbuckling adventures into the nuclear bomb business.

In the three days that I’ve owned UEC, my 10.5% gains have nearly matched all of the hard fought efforts of the market for the entire year.

The winship is palpable. New Year’s celebrations will be magnanimous.

The government of Germany is considering imposing a legal regime that would allow fining social networks such as Facebook up to 500,000 euros ($522,000) for each day the platform leaves a “fake news” story up without deleting it.

In the name of combating harms from false news, the German government next year will consider the bill, which has bipartisan support, that will allow both official and private complainants to flag content that is considered “fake news”.

The law would also force the social networks to create in-country offices focused on responding to takedown demands and would make these networks responsible for compensation if a post by individual users were found to slander someone.

“If after the relevant checks Facebook does not immediately, within 24 hours, delete the offending post then [it] must reckon with severe penalties of up to 500,000 euros,” said Germany’s parliamentary chief of the Social Democrat party, Thomas Oppermann in an interview with Germany’s Der Spiegel magazine.

German lawmakers believe this bill will help tackle the possibility of Russia meddling in Parliamentary elections scheduled for next year. This follows the allegations that the Kremlin was behind the hacking of the Democratic National Committee that led to the leak of thousands of emails by key aides to Hillary Clinton.

The German intelligence agency has warned that Russia could try to undermine the elections next year by employing automated bots on social media to spread fake news articles.

Some members of the government have advocated criminalizing the spread of so-called “fake news”. Patrick Sensburg, a senior MP in Merkel’s party said recently: “Targeting disinformation to destabilize a state should be a criminal offence.”

Hans-Georg Maassen, the head of Germany’s domestic intelligence agency, told Bild am Sonntag: “Facebook is earning an awful lot of money with fake news.” He added: “A company that earns billions from the internet also has a social responsibility.”

If you think about it, no democrat in modern times has done more to promote a conservative agenda than Obama. His disdain gun rights caused a massive spike in gun sales, as dumb as shit red neckers went out to buy machine guns in fear of losing the right. His policies, deemed both anti-American and absurd by many, paved the way for Trump and over 1,000 democratic losses nationwide. And his Middle East policies have resulted in a complete rearrangement of the area — putting head cutting theocracies into place and causing a great migration of retrogrades and barbarous savages into Europe.

Now, with less than 30 days left in office, Obama felt it was necessary to stick the knife in Israel’s back one final time — maybe for the hell of it and to raise further suspicions that he was the Manchurian Candidate all along — working for the benefit of the one and only Caliphate.

The Israelis, known for being crafty and able to infiltrate almost at will, say they have ‘ironclad’ information that ties Obama to the UN resolution that passed, calling for a cessation of west bank settlements. Moreover, they’re saying America wrote the damned thing to boot, then cowered in the shadows — watching Israel get humiliated for the world to see.

Under Obama, the middle east has been an unmitigated disaster — now topped off with the wide angled slap across the face of the only democracy in the region and ‘alleged’ ally of America. Well done Barack.

What if I chalked up Obama’s 2008 and 2012 victories to ‘black fear’? Most would say that’s utter bullshit. But for some reason, it’s okay to deride white people as some alien group pf fear mongering nazi flag waiving retards. By dismissing the epic losses by the democratic party this election to a reality teevee star, who got caught on a hot mic saying ‘I grab them by the pussy’ a few weeks prior to the election, is equivalent to being told you had cancer and did nothing to treat it.

Guess what, barring a miracle, you’re gonna die.

Here’s John ‘Shill’ Hardwood apologizing for the unmistakable collapse of the democratic party since 2010 — losing over 1,000 legislative seats across the nation — holding just 18 governorships.

Not that facts matter anymore, but Trump got more non-white votes than Romney.

Greetings and Salutations,

In spite of holiday sales reportedly being wretched for just about everyone but Amazon, Customer Growth Partners are forecasting a monstrous jump in holiday sales, up 4.9% — the highest since the go-go days of 2005.

In celebration of Santa Claus and Harry Hannukah’s Mensch on a Bench, American sales boomed by $637 billion in 2016 — the most in over a decade.

Online sales raged higher by 15%, buoyed by electronics, home improvement and toys. It’s also worth nothing, online retailers didn’t mark down too much — fleecing a slothlike public with reckless abandon.

However, since this new generation of transgender fucktards infest America without style or panache, clothing sales were weak — weak like green tea.

“If your name is Home Depot, your margins are going to be great,” Johnson said in an interview. For clothing and department-store chains, “you’re going to have trouble.”

In spite of all this so called grandeur, retails stocks have bee flummoxed in recent weeks, with Department store, footwear and home furnishing all down in excess of 10%.

The almighty $AMZN is down 1% over the past month, rendering these impressive sales numbers all for nothing — total and unequivocal shit. If you can’t trade off better than expected data, what.is.the.fucking.point?

There’s a disruption in the Matrix.

Turkey has been in the middle of all the recent Russo-America drama for over a year. When Russia first entered the Syrian war, Turkey shot down a Russian fighter. Then there was a failed coup. Then, all of a sudden, Turkey found courage and entered the Syrian war to support American interests. Then Russia’s ambassador was killed while giving a press conference.

Now this.

While talking to reporters, the Presiden of Turkey, an ally of the United States, member of the all important and cherished NATO, said he had evidence that proved America had supported ISIS and other terror groups in the region.

“They were accusing us of supporting Daesh [Islamic State],” he told a press conference, according to Reuters.

“Now they give support to terrorist groups including Daesh, YPG, PYD. It’s very clear. We have confirmed evidence, with pictures, photos and videos.”

This is something I’ve talked about here for the past year. This revelation isn’t all that shocking, but the source sure is.

All of the very worst stocks are rising today. In case you’re wondering, “The Fly” sold everything last week and went all in on one stock — hoping for a nuclear arms race to come to fruition.

Whatever was in my trading account has now been allocated into the very low and rotten shares of $UEC. May the Gods bless me with gratuitous profits and smite all those interested in peace.

Also, and this is a reminder, both annual and semiannual plans for Exodus are set to rise in price on 1/1/17. If you join before the New Year, you will be guaranteed today’s lowly and very miserly rates. Monthly pricing, however, will remain the same.

Lastly, here is one of my favorite screens in Exodus, the momentum screen — which isolates stocks moving higher towards the highs of the day — indicative of what’s working. Here’s the first two pages of today’s results (ignore the top one).

Amazon is like the sentinels from the movie Matrix. Whenever it detects life in a shopping mall, it quickly moves on it like a predator to kill it, in order to sustain its growth rates and make sure Wall Street continues to accept their business model, which doesn’t include a lot of profits.

The big winner this holiday season was a personal favorite of mine, the Amazon Echo — which is essentially a device that spies on you all day in order to better serve your hedonistic needs.

Amazon reports that the 2016 holiday was the ‘best-ever’ season for Amazon with devices
Customers purchased and gifted a record-setting number of devices from the Amazon Echo family with sales up over 9x compared to last year’s holiday season and millions of Alexa devices sold worldwide this year.

“Despite our best efforts and ramped-up production, we still had trouble keeping them in stock.”
Amazon Prime: More than one billion items shipped worldwide with Prime and Fulfillment by Amazon this holiday season. More people around the world tried Prime this holiday season than any previous year. The fastest Prime Now delivery on Christmas Eve took 13 minutes and was delivered at 9:05 p.m. to a Prime member in Redondo Beach, California. The order included a Tile Slim Item Finder and a Tile Mate Key Finder.

Mobile Shopping: More than 72 percent of Amazon customers worldwide shopped using a mobile device this holiday. Shopping on the free Amazon mobile app grew by 56 percent this holiday, worldwide. On Cyber Monday, Amazon customers worldwide purchased about 46 electronics per second on a mobile device. On Cyber Monday, Amazon customers worldwide purchased about 36 toys per second on a mobile device.

On Cyber Monday 2016, Handmade at Amazon saw a 200 percent increase in sales versus Cyber Monday 2015.

Shares of $AMZN have been on a roll this year, unlike many brick and mortar retailers.

The Amazonian deflationary vortex continues — unabated.

Shares of $SGEN are getting clown-raped this morning after receiving notice from the FDA telling them their drugs were total shit and needed to pause their clinical trials for their leukemia treatments.

Four people have been killed by their experimental treatments.

The clinical holds were initiated to evaluate the potential risk of hepatotoxicity in patients who were treated with SGN-CD33A and received allogeneic stem cell transplant either before or after treatment. Six patients have been identified with hepatotoxicity, including several cases of veno-occlusive disease, with four fatal events.

Overall, more than 300 patients have been treated with SGN-CD33A in clinical trials across multiple treatment settings.

Seattle Genetics says it is working diligently with the FDA to determine whether there is any association between hepatotoxicity and treatment with SGN-CD33A, to promptly identify appropriate protocol amendments for patient safety and to enable continuation of these trials.

The phase 1/2 trial of SGN-CD33A monotherapy in pre- and post-allogeneic transplant AML patients has been placed on full clinical hold. Two phase 1 trials have been placed on partial clinical hold (no new enrollment, existing patients may continue treatment with re-consent).

These studies are SGN-CD33A monotherapy, including a subset of older AML patients in combination with hypomethylating agents, and SGN-CD33A combination treatment with 7+3 chemotherapy in newly diagnosed younger AML patients. No new studies will be initiated until the clinical holds are lifted.

Seattle Genetics’ other ongoing trials of SGN-CD33A, including the phase 3 CASCADE trial in older AML patients and phase 1/2 trial in myelodysplastic syndrome, are proceeding with enrollment.

Shares of SGEN were hot, coming into today’s buzz saw. They aren’t anymore — off by 14%.

Another biotech name, $ELGX, was completely blown to smithereens after announcing they were halting shipments of their endovascular AAA systems of complete and total shit.

Apparently, they were having some minor ‘sizing issues.’

Co states, “The temporary hold on AFX is not related to any reported events from physicians and we continue to see very good commercial clinical results with the latest versions of AFX and AFX2. The manufacturing issue was identified through our on-going product testing and we are proactively implementing the hold to ensure we always provide the safest possible products for patients… In addition, the AFX manufacturing issue is unrelated to the manufacturing process for Nellix and Ovation, which continue to be available in approved markets.”

Shares are down 15%.