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
23,419 Blog Posts

Goldman Pulls a Rabbit Out of its Asshat

Of course, [[GS]] just obliterated earnings estimates, much to the chagrin of those who bet against it. For the record, I have no position in GS, just [[SKF]], which is scheduled to gap the fuck lower at the open.

Aside from Goldman “magic,” [[BBY]] posted kickass numbers, and guided higher for 2008.

Perhaps [[CC]] will, finally, bounce in sympathy.

In short, today looks like a rally day, with a variety of names 2-3% higher—including [[FRX]] (no, I didn’t buy it because of Chuck, morons).

Early going, I won’t fight the rally. I may nibble at some bottoms, while frantically preparing a meatball sandwich.

NOTE: Despite Goldman’s smoking hot numbers, the stock is barely up—a very bad sign, indeed.

Developing…

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9 comments

  1. Pudfucker

    ECB injects $500 billion. Trichet is the modern day version of Marie Antoinette. Poor people and retired pensioners can’t afford rising food and energy prices, and he basically said, “Fuck ’em. Let them eat cake.”

    All that money’s got to go somewhere, so stocks will rip, but isn’t gold the place to be now that the ECB has chosen inflation over a banking system collapse? Is there a gold ETF that gives me 2x leverage?

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  2. JakeGint

    Oh my stars! My AKAM short is up ten cents!

    Whatever shall I do??

    Take this opportunity to load up, fellahs, methinks it’ll be short lived.

    (and that’s pronounced in the two syllable fashion, like “livid.”)

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  3. JakeGint

    PUD — yes, it’s called “RGLD.”

    ‘Cept it’s more than two times leverage.

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  4. JakeGint

    Google red!

    Bye bye muthahflickas!

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  5. JakeGint

    Good thing Goldman blew out its numbers, that oughtta be real helpful when all those commie Congressman (think that ugly fuck Waxman — someone needs to bury that rotten bastid like a bone) come calling with their junior investigator funpaks.

    Update: Goldman, red.

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  6. Henry Paulsen

    My company,…excuse me, Goldman posted very good numbers. Do not trash talk this stock. You will lose. (I will see to it personally).

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  7. SaNTa

    Fuck you Paulsen.

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  8. Suk Mai Dong

    I no rike Henly Paursen. He meet wit China readahs and teow us we flucktahds fo Chinee mahket rotto stocks.

    I hope Santa gib him unlapped coarl fo Chlismas.

    I no berieve in Santa. He funny fat man wit gay rled crowthes and no exist, except in imagination of letailahs.

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  9. Juice

    Jake talking trash … watch your head young man

    just saying … the blade cutteth both ways

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