As you know, “The Fly” needs to address many important matters, such as 28 inch rims, bling for Christmas and my comedic home plumbing experience, amongst others.
However, due to my busy schedule, I am unable to type words on the computer, at least not too many words.
Developing…
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“do to my busy schedule”?
I am shocked…
lies.
28?? That’s it? Small pimpin’.
This is how the big boys roll:
http://www.platinum-city.com/img/40InchWheels.jpg
Whoever owns that car is mentally ill.
This is how I roll:
http://most-expensive.net/wp-content/DSC00828.jpg
This is how Wood rolls:
http://www.allfordmustangs.com/forums/attachments/classic-tech/6574d1110530150-biggest-tire-size-bullitts-68-before.jpg
Ah, very nice, Mr. Fly. As long as they’re not on a Prelude.
Lol… I like all the busted detritus on the floor by Wood’s ride.
That shit looks perfect for “Figure 8 Racing” — you rednecks know what I’m talking about.
Yen getting expensive again.
Fly, If you would be KIND enough to allow a pesent like me , to ask a question to the sage one like of you, and so follow with said sage answer, I would like to know your thinking as to why you might or did buy some trash like ACF. I know its pure speculation, but even that has reason to , and would like to be enlighten by it., please i know I am nothing but a card holding member of the elton john fan club, next to you, but even we wee’s deserve you sage throughts. TIA.
Shit. We don’t buy those high-dollar Goodyear’s around these parts. Nothin’ but Walmart brand for my ride.
This is what my car would look like with rimz on it:
http://memimage.cardomain.net/member_images/2/web/2450000-2450999/2450251_1.jpg
Sweet. Reminds me of my BMX bike in elementary school.
Here’s my street legal track car:
http://i110.photobucket.com/albums/n86/VENOMVIPER34D/709617-R1-012-4A_007.jpg
http://i110.photobucket.com/albums/n86/VENOMVIPER34D/709617-R1-020-8A_011.jpg
http://i110.photobucket.com/albums/n86/VENOMVIPER34D/033_33-1.jpg
http://i110.photobucket.com/albums/n86/VENOMVIPER34D/035_35.jpg
Devil, I thought you had to sell that after your QID disaster.
I’m not selling my QIDs until $57 at the next false bottom.
Not nearly as good looking as my old Schwinn bike with a banana seat, monkey handle bars (with streamers), and Ernie Banks and Ron Santo baseball cards in the spokes.
Shed, you must’ve had a premonition.
Comedic home plumbing experience?
Fly,
Do think we’ll see additional contracts before the end of 2007. And do you know it they signed additional contracts and have not announced them.
Fly:
Are you buying more RIMM today for big dicked gains?
I’m nibbling RIMM in the face of this downgrade. Analysts suck.
HMC 3.8% vs 8% sales forecast…trading down pm…hope some took the trade with me…certainly the FLY is on the HMC darkside.
I just bought the Vzw 8830, threw a 8 gig micro sd card in it…frakking phone rocks. unreal. love it. getting my wife one for a stocking stuffer.
i use it for data only. i dont use it as a phone.
Dennis Kneale is annoying.
I had a dream about shorting ETFC last night. If I remember correctly, it was literally a voice from the sky.
Is IIG going to zero?
If anyone remember’s Woody Allen’s classic Bananas, this slate of rejected Venezeulan “reforms” will seem familiar:
The defeated reforms would have created new forms of communal property, let Chavez handpick local leaders under a redrawn political map, lengthened presidential terms from six to seven years and let Chavez seek re-election indefinitely. Now, Chavez will be barred from running again in 2012.
Other changes would have shortened the workday from eight hours to six, created a social security fund for millions of informal laborers and promoted communal councils where residents decide how to spend government funds.
“And every male under the age of 16 years old… is now…. six-TEEN years old.”
“And everyone will be instructed to wear their underpants… on the OUTside.”
Anyody know any relaible (yeah, I know) info on mPhase Tech (XDSL)? A friend asked about it, and it smells bad to me, but thought I’d ask around.
TIA
RIMM stopped out. so much for that falling knife.
Hmm.. I was planning to nibble a these levels.
BOOMER:
I told you last week that RIMM is going to $60.
I don’t know shit about XDSL other than insiders are buying stock by the bucket loads .. of course its only a few cents but they have bought all the way down … fwiw
Devil, there may be some RIMM-related shit talking for the next month, but come the next earnings release and it’ll blow these lowered expectations right out of the water.
Help for the Homies, woo woo!
PPT:
“Hope is but a phone call away”.
I hope you’re writing that phone number down, DevilDog.
LNN is the best Fly call ever.
Thanks, Fly.
-DT
Thx Juice. I’ll pass it on.
Wasn’t it just a few weeks ago that Paulson was saying this was no big deal? Oh, right, nevermind.
kmorph,
RIMM earnings in 3 weeks
Hey Boomer, I kept it quiet, but I’ve been riding BOOM with you from 47. Thanks for a great tip man. I took 1/2 profits a few days ago, but holding on to the rest for a while. It’s looking real good.
What do you guy know about these changes in Reg SHO?
____________________________
“The Securities and Exchange Commission (SEC) has amended Regulation SHO to eliminate the “grandfather provision†and will take effect on October 15, 2007.
SEC Regulation SHO sets out rules governing short sales, including the mandatory close-out requirement that applies to securities in which a substantial amount of fails to deliver have occurred (“threshold securitiesâ€). Clearing agency participants and broker-dealers for which they clear positions (“participantsâ€) must take immediate action to close out a fail to deliver position in a Threshold Security that has lasted for 13 consecutive settlement days by purchasing securities of like kind and quantity (“close-out requirementâ€).
The amendment eliminates one of the exceptions to the Close-out Requirement for fails to deliver established prior to a security becoming a Threshold Security (“grandfather provisionâ€). The amendment requires Participants to close out any previously-grandfathered fails to deliver in a security that is on the Threshold Security List on October 15th. The close-out must occur within 35 consecutive settlement days of October 15th. If a security becomes a Threshold Security after October 15th, all fails to deliver must be closed out within 13 consecutive settlement days.
What do I have to do on or after October 15th?
This amendment does not require NASDAQ to make any changes to its Threshold Security List. However, Participants should ensure that they close out previously-grandfathered fail to deliver positions within the time frames established by the amendment. Participants that do not close out these fail to deliver positions within 35 days will, by rule, be prohibited from accepting any short sale orders or effecting further short sales in these securities until the entire fail to deliver position is closed out.”
DD- was that dynamite in the cars engine. Also you have to be over 47.5–simply because nobody under that age has an epoxy coated driveway. Except maybe Shed.
RIMM may get a pop at earnings but it will not last. It may very well take a dive at earnings due to all the BULLSHIT hype not being met. High dollar smart phones are doomed.
Well the Paulson(buy the dip) is done back to reality. Mr. Credibility said subprime and the housing market were not a problem. Evidently, he is a liar or just stupid. My vote is he is a liar.
“High dollar smart phones are doomed.” Now that is GAY!
Bring back the Motorola brick phone!
Bag phones. Now those were Gay!
This seems to be the shakeout before the earnings run on RIMM.
Analysts up to their same old tricks. Buy the downgrade.
BOOMER:
Smart phones are gay and too expensive during a RECESSION/DEPRESSION. Same reason MVIS is going back to $1. I guess that is why you got stopped out on RIMM. What’s the matter? No confidence in your purchase? Don’t you know that markets go up over time? RIMM is going to $180! I don’t understand why you’re doing trailing stops. Please explain Mr. BULLSHITTER.
DD — Smart phones will get cheaper.
Unlike food.
The FLY cannot be with you all today as he is busily liquidating positions in order to obtain higher quality chicken wire for the windows of his Romanian villa.
the tan fucker seems a bit whiter shade of pale than he was in the halcyon days
a.m. looks like he spent 100m of the 130m on tanning salons.
That’s just great, Spicoli. CNBC has skidded to new gutter lows. News slut Maria Bartabimbo interviewing mafioso CEO Angelo Godzillo. He should be in jail for fraud. If you are even thinking of buying CFC or it’s preferred, please go take a cold shower, This guy has lied through his teeth for months as he dumped his stock higher up. Their 4th quarter is going to be a disaster and going forward looks worse. You can’t run a mortgage dump by putting your unsellable crap into a (very small) bank subsidiary. the bank can’t fund itself nor can it pay dividends to the parent and the parent’s short term funding is 500bp negative carry.
See ya’ in Folsom, angelo!
JakeGint:
That is why RIMM is going down and will continue to do so next year(to $60) as their earnings and revenue due to lowering their prices and therefor their EPS will come no where near all the stupid analyst projections for ’08, ’09 and ’10. Will also be interesting when the Visto patent lawsuit goes to trial in ’08 down here in Texas. We don’t like thieves. RIMM is Texas toast! If it gets by with one more pop this month at earnings I’ll be adding heavy to my $136 SHORT. It probably will pop so the BULLS can use it for an end of month market rally to paint the tape again for 401K end of quarter/year statements. I hope it does so I can SHORT again.
tendollartommy:
Totally agree with you. cnbc(maria is a skank) works for wall st. and angelo is a skin cancer, lying, stealing turd.
Mr. Fly cannot be with us today as he is being installed as Burgermeister Meisterburger of the Romanian village of Glod today.
The transaction costs have been rumored to be in the mid to high double digits, American.
MrKc, people have paved driveways? Where?
Fly:
How are those big dicked gains going for you on ACF?
“BOOMER:
Smart phones are gay and too expensive during a RECESSION/DEPRESSION. Same reason MVIS is going back to $1. I guess that is why you got stopped out on RIMM. What’s the matter? No confidence in your purchase? Don’t you know that markets go up over time? RIMM is going to $180! I don’t understand why you’re doing trailing stops. Please explain Mr. BULLSHITTER.”
You are older than 50, I’d bet. 1) you are worried about a depression, 2) You don;t realize that these “phones” are the preferred communications appliance of the “kids.” They will dump home phone, PC, and cable television before they dump their crackberry/sidekick/iPhone/et al.
I always use trailing stops when I experiment with new stocks. anyway, i dont really have a dog in the hunt. just opinion.
dnt u wnt 2 no the trth? idk, ttyl.
Devil, you sound like JJ for gods sake. In addition to what Boomer said, corporate customers world-wide won’t be significantly affected by any kind of economic slowdown outside of a nuclear war. What, you’re telling me that corporations will get a directive from above, “Stop using your mobile devices. We are trying to save money.” Come on, how unrealistic can you be? Rapid global expansion of mobile markets will continue no matter what. That is why MVIS will get its proper valuation medium-term, even if competition kills it long-term.
Sorry guys I don’t agree. 1.) Kids don’t buy dingleberrys. 2.) Corporations have already upgraded their old berries to the new ones and will not be replacing again during a RECESSION.
3.) No one wants or needs a projector in a cell phone. MVIS is a non-starter.
none of you are commenting on what is the biggest threat to RIMM – Google. If Google launches a Gphone, subsidized with ads, and free to the end user….Watch out.
other than free, RIMM wins.
multiple compression…a concept not discussed often here, if ever…there are times when the market could give a rip about furture growth rates…this could well be one of those periods.
Boomer & Frosy:
2 good points. Boomer, I still think RIMM is way over hyped regardless of GOOG.
Dang…making too much money on my NSR SHORT! You guys should have joined me.
I have been a fan of this blog for awhile and think many of you guys are pretty smart some are pretty gay others just pretty. So I decided to see if any of you can give me some advice on a Fidelity 401k I have invested in equity that I want to exchange for a bond fund. So does anyone have any ideas about whether I should go for short, intermediate, or long? Which term would give me the best bang for my buck? I have been looking at the Fidelity Spartan Intermediate Trust Index. Does anyone have any opinions? I will appreciate any response, thanks.
Don’t you naysayers understand? The younger generation have different priorities than you or I. They can’t afford gasoline, decent clothes or health insurance, but they continue to by their fucking smart phones. Some of my undergrad students look like fucking homeless people but they damn sure have their blackberries, iphones, and nokia smart phones working overtime. We’ve had to consider banning them from the classroom because of the constant distraction and potential for cheating. Gotta love these kids and their fucked up priorities.
oops, “buy” their fucking smart phones
cocobop: stay 100% in equities. The market only goes up over time…if you get out now you’ll miss the bottom which is here now…stocks are undervalued and cheap…the fed has your back…you can trust the banks, brokers, the tan man and paulson…we’re in a multi-century global expansion and BULL MARKET…oil is going back to $40…gold to $300…the $ is up to .80 versus the euro and 200 versus the yen…middle east peace & no more terrorist risk…putin is bush’s buddy…bond returns will suck as the U.S. economy and corporate earnings explode due to rampant consumer consumption and a resumption of he housing boom in spring ’08…etc…etc…
Now it’s clear, DevilDog is actually Larry Kudlow!
Cocobop: Bonds are gay, as is Rick Santelli
Golden Bear- that is a great comment. Had to read it out loud to my son.
GoldenBear:
Cell phone helps cheating…nice to know that the current generation understands the importance of cheating in American culture. I guess they are preparing themselves for careers on wall st. and/or in government or corporate leadership.
BULLS beware as you will bounce only one more time to this neighborhood…maybe.
Went to the local outlet mall this weekend (ala Fly) and noticed that the Coach store had a waiting line outside in 20 degree weather as the store was too full to let anymore in …. one at a time as other shoppers left ….. just poor middleclass asshats that can only afford elitist crap on the cheap or is Coach still hot ala TIF ????
Odd, No ……
Cocobop. You want to go to 100% bonds? How old are you? If you’re close to retirement, then you want to a bit more safe. But still, never put 100% into one thing.
Market timing is hard. I suggest you diversify among large, small, international and bonds. But allocate more money to whatever is bullish at the moment. Right now, US stocks are hot.
Golden Bear:
No I’m actually Cramer.
I believe that PleaseKillMe is Kudlow.
My FDX SHORT is doing well. FDX will visit $91 again before the fed BULLSHIT bounce on the 11th that will not last for long.
News Alert: Golden Bear downgrades Countrywide from Sell to Prosecute and Incarcerate the tanned fucker.
Thanks for the comments and suggestions everyone.
DevilDog why do you have to be so nasty? No one here is forcing you to be that way. Can’t you just chill?
Ducati when you say ladder do you mean one third short, one third IM and one third long?
Pleasekillme, yes I am retired but this 401 account is not 100% of my assets. Actually I just did one third of my retirement monies in a 1 year CD with Countrywide (over 5%) the second third is this equity account at Fidelity and the last third I actively trade daily in stocks and options. I went through the last Bear market and held on and watched my equity accounts get hairclipped 50 to 75% and don’t ever want to go through that again. If we go into recession which I am coming to believe, it can in no way be good for domestic equities or international equities either. Interest rates must fall and that would be bullish for the dollar but Fidelity doesn’t have any way to invest in the dollar directly. So I guess that my choices come down to either Intermediate or long term. Is there any way to check to see if that fund I mentioned the Spartan Fund contains any Sub-prime paper or CMOs. That would certainly be a deal killer.
i can’t wait until all the kids show up at the coffee bars and break out their ppt presentations about the cagr of the #1 clique.
then they can nominate/vote more effectively.