Friday, June 22, 2007
Seriously, why would anyone short a company that makes irrigation systems, as commodity prices shoot through the roof and fresh water supplies, worldwide, dwindle?
Answer: Because they’re fucking asshats.
For the first time in “Fly history,” I am awarding the “Asshat of the Week Award” to an entire group of investors, LNN shorts. 28% of LNN‘s float is sold short.
After a mind boggling 15 point run, in two weeks, they have earned it.
NOTE: Bearshitter was runner up with his HANS pan. Oh, and Guy “toast my face” Adami did a shitty job defending the HANS story yesterday, on national television. He came in third place.If you enjoy the content at iBankCoin, please follow us on Twitter