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
21,314 Blog Posts

Bottom Fishers Wear Pink Dresses

Considering how gay everything is, the market is behaving quite well, with gains in a variety of stocks. Frankly, one (I) would think the market, with all the bad news, deserves to get its fucking mustache punched off. Nevertheless, here we are, sitting pretty, and the market has a full grown Rollie Fingers ‘stache.

[[REW]] is down slightly thanks to [[HPQ]]. In general, tech is weak, with the notable exception of the bastards at [[RIMM]]. Being both long and short RIMM, I am somewhat conflicted and don’t know which way to root.

[[USM]] and [[GRMN]] have been “de-balled.” GRMN is a homo stock. No one likes their stupid devices. Sell it twice.

Finally, [[ARTW]] has been “mushroom clouded” in recent days, proving not all ag plays are equal. And, judging by the current tone of the market, I sense a rally is in the cards. You might want to refrain from adding to short positions, at least until the end of the day.

If you enjoy the content at iBankCoin, please follow us on Twitter

15 comments

  1. Greekpunk

    Just came across the wires!

    ****************ALERT*********************

    *For Immediate Release*
    February 20, 2008

    The Sierra Club, Waste Management, and Simon Property Group are pleased to announced a new earth-friendly national initiative . Starting Monday, February 25th all Simon Mall locations will be collecting Crocs footwear and apparel at conspicuously located trash receptacles by all entrances. Yuppies and other retail lemmings who have chosen to buy into this fad can now redeem themselves through this partnership.

    For further details please contact:
    [email protected]

    ***********************************************

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. ottnott

    Don’t know which way to root on RIMM? In your position, the direction doesn’t matter. The important thing is to cheer it on to an extreme – low or high.

    Think back for us – what does it usually mean when you are holding short and long positions in a stock and can’t decide what you want it to do?

    Seems to me that there is some message to glean from a trader with a hedged position and a bad case of indecision.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. ottnott

    Damn Crocs.

    I have a 1 1/2 yr old who is nuts about shoes and loves her tiny little and incredibly expensive (molded plastic – how much can that cost?) Crocs.

    I mean seriously nuts about shoes. When I come home from work, she finds my slippers (not just any pair) and brings them to me. If she spots someone in the house without shoes on, she brings them their slippers.

    So, when we got out to the car at the end of a day at Legoland and found her with just one Croc, back I went into the park.

    Came back empty handed and found the damn thing under the car.

    I’d do it again in a minute. Toddlers emit a heart-melting beam of radiation when they smile.

    Damn Crocs.

    I just hope nobody gets her a tiny pair of Uggs.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. calvino

    This is the fucking rally, the time to sell short was twenty mins ago, and now.

    update.. Marty, as a favor, would you push half a million shares of bsc, leh and ms, at bid.. right about now.. then hit it again at 1 thirty.. that should put an end to this anti plunge operation.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Danny

    Rollie Fingers had the best stache. Over 17x better than freddie mercury

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. ottnott

    Too damn funny:
    https://imgs.xkcd.com/comics/duty_calls.png

    Let’s see if anyone here recognizes themselves.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. BOOMER

    My son loves Crox too. Heinous.

    A buddy works at a major ad agency. Says CROX mgmt has major ‘tude. Hubris. Seething pride.

    I guess they think we’ll all be wearing croslite in 2010.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Prospectus

    I guess the sellers are just out of steam here, and there’s not enough trapped longs that are wrong here to drive prices down. Gotta move more one way or the other, or we’re sideways until the next big shoe / Fed action…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. kd

    fly,
    dig up any info on MVIS?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. TraderCaddy

    The more things change the more they stay the same. Twenty years ago when my daughter was young “Crox” were called jelly shoes and when I was a kid “Crox” was nothing more than a giant plastic circle called a Hula Hoop.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. PleaseKillMe

    After reading all this shit about the mono split, I say fuck it. Turn all the muni policies to Buffet. If MBIA and Ambac can’t maintain AAA status, then the Fed should prune the muni policies and turn them to Berkshire. Let MBIA and Ambac die.

    Buffet would probably be the richest man ever, but at least that guy deserves it. Rather than some hedge fund manager who keeps at least 3 mistresses. How can you hate a guy that makes 100k/year as CEO and drives a Lincoln grand marquis.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. kd

    buffett drives a cadi now. Donated the lincoln.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. boca

    what makes you think Buffet didn’t have a mistress back in the day? you don’t seriously swallow all that aw shucks corn pone midwest goodness, do ya?

    Ottnot’s cartoon made me laugh, yeah, sometimes that *is* me.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. Steve

    I can’t decide if I should hold STV through earnings or get rid of it. Decisions, decisions.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. nncoco

    I believe in Santa Claus and Warren Buffett.

    • 0
    • 0
    • 0 Deem this to be "Fake News"