iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,426 Blog Posts

Fly Buy: VMI

I bought 1,000 VMI @ $79.

Disclaimer: If you buy VMI because of this post, you will go bald. And, you may lose money.

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9 comments

  1. gappingandyapping

    JCG is squeezing. CSH is about to as well.

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  2. gappingandyapping

    Gay bears attempting a raid

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  3. brian

    I have a truck load of vmi at 89 and plan on selling some at 96 & the rest at 100….

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  4. CubsRock

    Yeah VMI is trending up in the last week after hitting 200 sma.
    Time for me to get back in this one.

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  5. coach137

    Found support at a 50% retracement…. Interesting

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  6. mrkcbill

    Good call Gap–Field work pays off. Reminds me of my brokers logic, he always tells me to go drive by a Wal-Mart on a Saturday afternoon. Are you going to stop consuming Soda Pop hell no.

    Anybody have a feel for SNDK-I think they have a pretty good franchise.

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  7. gappingandyapping

    Broker my chartist friend tells me that JCG put in a large volume base reversal today. He mentioned something about moving averages flattening and breaking through something called the 50 day. Is there any truth to this asshattery?

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  8. Ragincajun

    I was just looking at SNDK, I like it here.

    They have a new mini mp3 player all over BestBuy, I think it will be a huge seller, a cheap alternative to an iPod, they sell for about $60 bucks, and look cool.

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  9. cigars3

    Fly you entirely out of xfml forever or just until they show signs of getting there shit together?

    Just bought another company. really looks like they are trying to build an empire–i think youre right on it being a 2008 story–if it just catches on.

    Xinhua Finance Media Purchases JCBN
    AP
    Posted: 2007-11-27 07:59:13
    NEW YORK (AP) – Xinhua Finance Media Ltd., a diversified financial and entertainment media company, said Tuesday it purchased Shanghai-based advertising company JCBN Co. to broaden its multimedia advertising platform.

    The deal includes an initial cash payment of $43 million, with the possibility of payments up to $69.9 million in cash and XFMedia stock if JCBN surpasses certain financial targets in 2008 and 2009.

    The acquisition will strengthen XFMedia’s presence in the online property and imported spirits sectors. The company is the exclusive ad agent of the real estate portal under China.com.cn, one of two ad agents of Sina.com’s real estate portal and a marketing service provider for spirits importer Richmonde, which manages the Johnnie Walker and Hennessy brands.

    JCBN Group is the largest advertising agent for Sohu.com and Focus.cn real estate portals and is a marketing service provider for French wine and spirits company Pernod Ricard SA, whose brands include Chivas and Martell.

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