The worst part of this market is the lack of panic. For the most part, this recent decline has been orderly.
The biggest misnomer is the untested theory that Asia has decoupled from the U.S. Well, for those of you who believe that, tell it to the fuckers in Hong Kong, who lost more than 5% in trading last night.
Near term, I wouldn’t be surprised to see Bernanke and Co. step in and save the day, via an emergency rate cut. If he is serious about doing it, expect it to happen on Friday, which conveniently falls on option expiration day.
With my money, I may bulk up on my [[LEH]] short position, while taking profits on others. Thus far, I’m undecided.
Finally, it’s worth noting the queer nature of all semiconductor stocks. [[INTC]] shit the shower, big time. Expect many others to do the same.
On a pullback, I would buy [[SSG]], which gets you short the semi’s (double inverse), namely INTC, [[TXN]], [[NVDA]], [[AMAT]] and [[WFR]]—amongst others.
NOTE: Anyone know what the fuck just happened to [[MVIS]]? Fucking assholes, they are.If you enjoy the content at iBankCoin, please follow us on Twitter
Fly–any bottom fishing in MVIS today?
I was about to ask that. I ended up not selling most of my position when I should’ve and got destroyed. But I just can’t see it staying at these levels?
fuck is it time to buy mvis to ride it back up? or down down down
dying to know too.
what the fuk is going on with mvis. Are things that bad??????
Anyone think we will see a spike up after options expiration?
are you planning to reenter at this price FLy?
fly, a little help???????
wow… you guys want to ask this question 25 more times? i haven’t read it enough yet
fly, you never once told me to sell MVIS, and now my retirement is worthless.
Fly – I just want to acknowledge your space alien magician powers dumping MVIS. Bravo.
A couple inside channel checks from people close to MVIS indicate nothing is wrong. Many of the employess from the CES show didnt even go back to HQ, they went to the HQs of OEMs who were interested in further discussion on the SHOW. Everything is still on schedule including supply chain. I dont know where fly got info presuming the standalone got delayed. I have seen or heard nothing indicating it is so.
If you check around, youll see many small caps taking tremendous beatings. I think fly has it right that it is a flight to cash for fund managers, many who are getting out at any price.
I told you fuckers to bail on MVIS. Don’t even think about stepping to me.
But really, I have no idea why it’s down this much.
Ok my life savings just went down the drain…WTF!!?
To all that have asked Fly the MVIS question – look at his fucking post. He answered your question (either doesn’t know or is not telling). Let it go. Thx to Cigars for his post – everyone else would be well served to do a bit of their own homework. I just have one more thing to say…..Fly, c’mon tell me, what happened to MVIS, I can’t eat, shit, have sex or think since the down turn…c’mon Fly help me…ohhh my….. Take your fucking losses like a man. I have a 50% position, hate the loss, but cannot find any reason for the sell off other than what Cigars is saying. With that, I just may add to my fucked up position here, place it in the corner and get on with my miserable life. Do the same. Jog on.
Well? Has anyone called over there and asked questions?
Phone: (425) 936-6847
E-mail: [email protected]
Just added to my MVIS position. Now holding 75% position.
LOL @ MVIS
You bought shares that Fly sold.
Fly wins again!
Jake-A Cornell guy? When I visited Ithaca with my daughter several years in April it was snowing. I asked a student there how was the weather and he replied that that there were two seasons; the 4th of July and the rest of the year. Needless to say being a Floridian she decided to go elsewhere.
I just doubled my position.
Sounds like a lot of people fell in love with a stock here. Big no no, fuckers.
Fly said he was lightening up going into CES …. others here warned of resistance at 4.50 …. when 4.65 didn’t stick the first day of CES, I took Fly’s advice and sold my puny stake before 4.50 was breached …. anyone here that was heeding advice and paying attention should have known what to do … CNBC didn’t even talk about their product all week long and G4 only showed TI’s crude projector … the writing was on the wall (pun intended)!
I just called Microvision’s IR. It seems that there is no news at this time. They are to get back to me if anything comes up. I will post something if I hear anything else.
I am going to try a stab at long Japan through EWJ (assuming Yen doesn’t go too crazy this afternoon). If I am wrong I will need to move back home with my parents, Frank and Estelle. I really hate those bologna sandwiches. Further, I may go over and pop the bubble boy’s bubble.
Writing on the wall? What writing? That it went down? Ahhh, c’mon man. This happens all the time for new tech. I was playing this game with GRMN 4-5 years ago. Bitch would make these wild swings and everyone would write it’s eulogy on the way down. Fucker would then reach out from the grave and rip out the beating hearts of all shorts as they were smiling – never even had a chance to put on a frown. The wall of worry is magical for longs when news pops. When mass adoption of the technology hits……nirvana! It’s better than any drug out there.
Falling in love with this stock? Naw, believe in the story more like it. Just need to be nimble enough not to be scared out on the obvious fluctuations. The story needs to have room to develop. Being all in too early only leads to dissapointment. I do wish I would have reduced my position even further prior to CES, but I have room to add here and I am. I have also left room to add if it goes sub-$2 – and I will. There is nothing about the story that has changed.
It’s all about fucking timing and staying power.
Gimp likes the cold and the woods so he can get a tent and play Bareback Mountain with his other cowboy friends.
Someone is playing the shorts with LULU. That squeeze is off today or tomorrow. btw, good look on pointing at that pig in leotards.
ditto with SHLD, squeeze over soon.
You bitches are just rolling dice with MVIS. As long as you accept the fact that you are doing the equivalent of placing bets on “lucky #7” then good luck to you. Else, sell and move on.