iBankCoin
Joined Apr 19, 2009
721 Blog Posts

Never, Never Forget

towers

Dedicated to the memory of Matt G and John W, two young fathers murdered by fell beasts on September 11th, 2001. May God bless them and their families, as well as the families of all those left grieving that day.

Your turn with the ball now, hippies, don’t drop it.

___________________

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33 comments

  1. j

    Thanks… for mentioning their names, Jake. It’ s how they should be remembered and not as numbers to a total.

    No, they won’t be forgotten.

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  2. Wondering

    In case I missed the post…quite possible…you still in MON? Where do you think it goes from here?

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    • JakeGint

      Yes, while annoying, MON is a long term hold for me. I’ve held it since about $17, split adjusted.

      I think it’s likely to go to $77, at least here, where I may pick up some calls. It could go all the way to the 50% long term fib of $74.85, however.

      This is a “for your grandchildren” play., so stock up if you haven’t already.

      __________

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  3. Buckeye Bob

    Our flags are out

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  4. mrkcbill

    Our buddy Fly was right there that day……..I’m certain it impacted his life way more then we can imagine.
    I still to this day cannot conceptualize what took place that day …and never will.

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  5. Yogi and Boo Boo

    Our flag flies everyday. I still can’t talk about the day and those following. I was in the heartland on the “day” and had a very, very long drive back east.

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    • Buckeye Bob

      Similar experience, I was in Denver and drove straight thru to South Carolina (because of the airline shut down). Very proud of the heartland those days.

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  6. MOOBER

    I will never forget and I will teach my son to remember.

    On 9/11/01 I was in a meeting discussing my candidacy for seminary. The meeting was interrupted when a woman rushed in and turned on the radio. The meeting dissolved in the most peculiar way, as the theologians were at a loss for words. I never went to seminary.

    I went home and sat in front of my TV for 20 hours, punctuate only by calls from friends letting me know they were alive.

    Jake, for you and the families you honor above, and the scores of others who did not receive those calls, for those that live with the loss, I remember you in my prayers today.

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  7. NoHornsHere

    Thoughts on MON at this level Jake?

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  8. JakeGint

    See above.

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  9. JakeGint

    NGD looking very good here at $5.03 or so.

    __________

    To the brethren — UPS!

    _______

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  10. cebu sun

    Jake
    just read a seeking alpha artcl on MON:
    Downgraded by several on shrinking earnings. Will be exiting Roundup and the chinese copiers. 85% futuere earngs due to seed and genome sectors.Your thoughts on its downward directn- wait?

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    • JakeGint

      I think I have addressed this already, but once again: The future of this company is not that bullshit Roundup.

      Can I be clearer?

      Fuck Roundup.

      The future of this company is seed traits — the value is in the IP and the stranglehold they have on the increasingly profitable American farm industry thanks to their ability to make farmers’ fields turn into lettuce bonanzas.

      And that’s “lettuce” in the old 30’s movies gangster parlance — meaning “dollars.”

      Wait if you like, it could go to $75. I will be buying there for sure if it does.

      Or rather, “adding.”

      ______________

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  11. JakeGint

    Bot 8k HL @ 4.27

    ____________

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  12. Yossarian

    JG, couldn’t you make a case AA is one of those “grandchildren” stocks that you should buy now at these prices and then just fuggitaboudit until you wake up in year 2030 (or in my case 2050) with tuitions paid?

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    • JakeGint

      I wouldn’t trust AA with my grandchildren, as it is a documented child molester.

      That said, perhaps a responsible company could buy them out.

      Ian (Mom’s broker) loves them. This could be good or bad.

      I still hold a small position, as it wil likely pop with dollar death.

      ___________

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  13. Arthur

    Jake,

    Any thoughts on TBT?
    Shouldn’t it be rising with the falling dollar?

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    • JakeGint

      You would think, wouldn’t you? Puts me to mind that some funny bidness is going on.

      I remarked a couple of days/weeks back that it had broken a serious fib (at about $47.15 if I recall) and that it would likely travel to about $44.90 before bouncing again.

      It got to about $45.06 on the low today before putting in a very nice doji and closing at $45.98 on strong volume.

      We might-could (sic) (that’s “Southern” talk) hit $44.90 on Monday, but I expect we’re drawing to a close on this downward motion.

      I will likely add on Monday, in fact, as I am still at a half position.

      ____________

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  14. DMG

    Who was that dickhead defending Acorn a while back? After you mentioned them getting ~ $5 billy from the bailout?

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  15. DMG

    Took me a while to find it …

    ottnott says:
    February 6, 2009 at 2:40 pm
    Jake, your “$4 billion for Acorn” rant is perfect evidence of my claim. The GOP has made it a big talking point. You dutifully pick up the shovel and start slinging shit. But here’s what the $4.19 billion is actually for:

    5 For a further additional amount for ‘‘Community De
    6 velopment Fund’’, $4,190,000,000, to be used for neigh
    7 borhood stabilization activities related to emergency as
    8 sistance for the redevelopment of abandoned and fore
    9 closed homes as authorized under division B, title III of
    10 the Housing and Economic Recovery Act of 2008 (Public
    11 Law 110–289), of which—
    12 (1) not less than $3,440,000,000 shall be allo
    13 cated by a competition for which eligible entities
    14 shall be States, units of general local government,
    15 and nonprofit entities or consortia of nonprofit enti
    16 ties: Provided, That the award criteria for such com
    17 petition shall include grantee capacity, leveraging
    18 potential, targeted impact of foreclosure prevention,
    19 and any additional factors determined by the Sec
    20 retary of Housing and Urban Development: Provided
    21 further, that the Secretary may establish a minimum
    22 grant size: Provided further, That amounts made
    23 available under this Section may be used to (A) es
    24 tablish financing mechanisms for purchase and rede
    25 velopment of foreclosed-upon homes and residential

    223

    1 properties, including such mechanisms as soft-sec
    2 onds, loan loss reserves, and shared-equity loans for
    3 low- and moderate-income homebuyers; (B) purchase
    4 and rehabilitate homes and residential properties
    5 that have been abandoned or foreclosed upon, in
    6 order to sell or rent such homes and properties; (C)
    7 establish and operate land banks for homes that
    8 have been foreclosed upon; (D) demolish foreclosed
    9 properties that have become blighted structures; and
    10 (E) redevelop demolished or vacant foreclosed prop
    11 erties in order to sell or rent such properties; and
    12 (2) up to $750,000,000 shall be awarded by
    13 competition to nonprofit entities or consortia of non
    14 profit entities to provide community stabilization as
    15 sistance by (A) accelerating state and local govern
    16 ment and nonprofit productivity; (B) increasing the
    17 scale and efficiency of property transfers of fore
    18 closed and vacant residential properties from finan
    19 cial institutions and government entities to qualified
    20 local housing providers in order to return the prop
    21 erties to productive affordable housing use; (C)
    22 building industry and property management capac
    23 ity; and (D) partnering with private sector real es
    24 tate developers and contractors and leveraging pri
    25 vate sector capital: Provided further, That such com-

    224

    1 munity stabilization assistance shall be provided pri
    2 marily in States and areas with high rates of de
    3 faults and foreclosures to support the acquisition, re
    4 habilitation and property management of single-fam
    5 ily and multi-family homes and to work in partner
    6 ship with the private sector real estate industry and
    7 to leverage available private and public funds for
    8 those purposes: Provided further, That for purposes
    9 of this paragraph qualified local housing providers
    10 shall be nonprofit organizations with demonstrated
    11 capabilities in real estate development or acquisition
    12 and rehabilitation or property management of single
    13 or multi-family homes, or local or state governments
    14 or instrumentalities of such governments: Provided
    15 further, That qualified local housing providers shall
    16 be expected to utilize and leverage additional local
    17 nonprofit, governmental, for-profit and private re
    18 sources:

    Reply

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    • JakeGint

      Yeah, well, to his credit, Ottnot has been making himself mighty scarce since The Chicago Machine installed itself in the White House. I am hoping, that like Moober, he is having second thoughts about his choice.

      Sometimes, when you want something so badly you become willing to overlook some very ugly baggage.

      I hope this will be a warning to some of our Dem compatriots with brains — In all things, due diligence is paramount, and associations — taken in the aggregate — are a noteworthy point of investigation.

      ____________

      The good news takeaway is that these recent damning indictments will preclude these thugs from being able to corrupt the national Census as planned.

      One can only hope that RICO indictments are soon to follow, and like the American Mafia, ACORN will be revealed for what it truly is.

      ____________

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  16. omfgitsjd

    Yes. Fairly soon we will start to see actual charges being made against those responsible for the 9/11 crime.
    It’s going to be a real eye opener.

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  17. omfgitsjd

    Not sure what you mean. I’m sure the truth will play an important role in the prosecutions. If there were murderers in the grassy knoll, they know their time is limited.

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  18. omfgitsjd

    It doesn’t take a rocket scientist to figure it all out Jake. There are literally thousands of Architectural Engineers investigating the nuances of the collapsing structures for the purpose of understanding their science. Many thousands of historians are assembling the precursors, facts, figures, and followup activities of the various players. The bow waves from all this activity happening regarding the event alone will be enough to send shivers up the spine of those responsible.

    People just don’t attack the United States and get away with it. It’s not over.

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