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
22,010 Blog Posts

Darn Stupid Chinese Stocks

It’s so fucking warm in NYC today; I feel like going to the beach. Seriously, oil/gas is going lower.

As for [[MVIS]]–

Fuck you; I warned you. Don’t come crying to me, like a little bitch, saying: “it’s another ARWR, iiG or MCHX.” Fuck that. If you bought the stock, alongside me, you are up nicely. I will not elaborate further; except to say that I effectively blew out of all of the above stocks well above where they are now. Moreover, iiG was a 25% profit.

As you know, all of the big banks and brokerages are going belly-up. Take a look at the action in [[SCA]], [[ETFC]], [[CFC]], [[ABK]], [[MBI]], [[MTG]], [[PMI]], [[CCRT]] and [[MS]]. How is this decline in the financials different than the dot com blow up of 2000, price wise?

Furthermore, what happened to the general market after the dot coms were ripped to shreds and why?

Answer those questions accurately and you may be able to make some money this year.

Finally, it’s worth noting, I fucking hate anomalies, such as Chinese stocks. They just won’t go lower. [[FXP]] is getting “mushroom clouded,” thanks to the upward action in [[CHL]].

God willing, soon, it will get its head chopped off too.

For now, making money betting against the financials, via [[SKF]], is like running downhill.

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8 comments

  1. JakeGint

    FXP will mushroom, it just needed some backing and filling.

    Check this from today’s Daily News comment section… a brother of yours taking the time machine out for a spin?

    _______________

    ***BULLETIN***

    Here is today’s guarantee:

    If Hillary loses in New Hampshire by the expected double digit margin, then loses South Carolina the same way she MUST TOTALLY run the table on Super Tuesday. If Hillary wins New York by less than double digits she is finished!!

    Now for the second part of my prediction.

    If Hillary drops out she will file for the fastest divorce in history blaming Bill and his legacy for her failure to win the nomination.

    How’s that for being the Brooklyn, New York version of Nostradamus?

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  2. phatfriday

    Hillary needs to let an intern go down on her in order to gain respect.

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  3. Velvet Pants - Formerly the Fucktarded Fucktard
    Velvet Pants - Formerly the Fucktarded Fucktard

    Nothing like when a speculator becomes an investor…keep posting the trades I appreciated it

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  4. alphadawgg

    Bill will need to go into hiding if Hillary loses. Plates will be crashing and lamps broken in the Clinton household.

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  5. Hillary's Fucked

    Hillary cried on TV after she got her balls cut off in Iowa. If you fuckers elect an emotionally unstable, crying President, you deserve to have your toenails pulled off.

    She Moziloed herself. Burnt toast.

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  6. fucking losers talking politics on a stock blog

    kill yourselves

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  7. JakeGint

    Fucking loser posting anonymously. Chicken shit efftard.

    Enuf said.

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  8. I Hate You

    Is that better you festering dickbag?

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