I will probably take a stab at it, below $90. For some reason, people love bank/brokerages again.
Why fight it?
After all, they just reported the most horrendous set of numbers I’ve ever seen, in my 31 years of existence—yet they trade up.
In my opinion, LAZ looks the best for a trade, right now.
In other news, MVIS is climbing today. As promised, I will start to follow the company with greater vigor, during the 2nd half of 2008. Providing they are on track, I will buy some shares.
I’m starting to buy HANS again. Its been a long time since “The Fly” went long, the Godly maker of the worlds best soda pop: Monster Energy Soda.
If only the ungodly cost of production and trucking can go down, HANS would be rocking right now. Nonetheless, they are a premium brand in a booming world, for both KO and PEP. I do not think anyone would be surprised to see a $50 bid from either company.
Chinese lottery stocks continue to impress. Today’s winners are: GSI, GU, SEED, SOHU, NOEC, EFUT, EJ, JRJC, NTES, GSOL, SNDA and WX.
However, keep in mind, towards the end of every rally, the shit floats to the top.
Speaking of shit, “crap handed” energy stocks are running, specifically SYNM, TMY, BEXP and FPP.
My favorite crap roll in the sector is OMNI.
Top pick: LAZ
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not broken till $92…seems like you might get that price
Remember that Asian nerd we picked on in high school? Well, the fucker is making us his whipping boy.
http://www.bloomberg.com/apps/news?pid=20601087&sid=adQ8ReGYJ.D8&refer=home
Maybe the institutions aren’t as confident as the retail trade, here?
(Reposted from prior thread):
Watching the Cubes very closely here. They are right on the downtrend line ($47.55-ish) and their volume is very light. Could be a nice short here, depending on the rest of the market.
Nice article Jake…This is all a set up for the next leg down.
I think the market makes a top this week, today or tomorrow … then be prepared to hold le sac
I’m buying those fucktarded inverse etf’s for a trade, right here, & will double up if we keep heading up into the close
jake-
nice article, thanks
fly, do you have a live feed address?
If the fed does nothing, and leaves rates unchanged, this could be very good for the holders of SMN because commodities could take a big hit. Anyone agree?
XLF June $27 puts loaded on the truck.
Shroomz,
Yes, and I think that’s why we’re already seeing SMN pop here.
Question is, will the trade be over when the Fed makes it’s intentions known?
AXR is out of control.
Real Estate is back!
Long JOE.
FLY: “In other news, MVIS is climbing today. As promised, I will start to follow the company with greater vigor, during the 2nd half of 2008. Providing they are on track, I will buy some shares.”
… or instead of adding to your shorts in March … you could of been buying MVIS @ $2(or lower) like others were. 😉
I don’t know what price MVIS will be in the 2nd half of 2008 … but I bet it will be >$2. I don’t get how you could of been so bullish on MVIS in 2007, and then after selling at a good price, stick to not buying until 2nd Half ’08 … instead of buying at $2(or below) when you had a chance. I don’t get that.
Who cares what you think?
Always remember “The Fly” sold MVIS, north of $4.
Pretty good campaign tactic from Dpeezy who apparently got Domino’s Pizza to use the symbol DPZ and have it splashed worldwide.
Attention Degenerate Gamblers (I should probably be posting this on Rage’s site):
Note the appropriately named MNTA (“momenta”)–
Insider buys recent.
trader caddy is that a sign from the stock market code we’ve been hearing about?
Jeff it’s on the bottom of this page. Entries (RSS) and Comments (RSS)
Anyone know WTF’s going on with RACK? 10% pop today after CC last week that was nothing to get excited about. Could they be a target or is this just a nonsensical blip?
Wait until these hedgies are loaded up with their favorite “cheap” financials.
SKF will return with a vengeance. Patience, my friend, patience.
They’re still playing the stupid game.