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
23,441 Blog Posts

Time Machine Special, Part II

[[FXP]] will sprint higher tomorrow, mind you. I said “sprint.”

You’re welcome.

UPDATE: For Met fans:

FIRE WILLIE NOW T-SHIRTS.

null

UPDATE II: The prisoner “Boomer” has been released.

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37 comments

  1. hannamontanna

    right;
    go fuck yourself. you have no clue where anything is going in the future. your time machine can’t afford the gas anymore. bitchhole.

    just saying

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  2. Small Titi

    While hannabarbara can curse you all he wants, the important question is what is your thesis that FXP will sprint up tomorrow? My guess: The markets have not fully assessed the damage of the earthquake as casualties continue to climb (not that the markets care about human deaths), but the collapse of the infrastructure such as the 400 weakened dams which may lead to a catastrophe similar to Katrina?

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  3. The Fly

    Your Mother is a goat fucker.

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  4. Confucious

    No sprint, so sorry.

    Not even a jog, so sorry.

    Perhaps a lazy stroll, albeit slightly higher, where she takes a nap & blows with American market breezes.

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  5. BOOMER

    Freedom!

    While in prison I won 4k BOOM @ 33.90. One day before Key Banc upgraded it. Sweet! Looking for $39 for a trade.

    Also, sold 500 WGOV after Cramer rec’d it on his clown show, and it spiked 6% last night, went short 100 shares for fun.

    + BOOM FLS JEC FLR

    Looking to fade WGOV and get a new position

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  6. boca

    Welcome back Boomer!

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  7. JakeGint

    Boom — do you still have to wear an ankle bracelet around the house?

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  8. Bulls

    Time machine works, but the flex capacitor is on upside down, so the equation divides by one and it’s the inverse future….
    That means Dow is going to 30,000… not 3,000

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  9. boca

    hahaha Jake good one.

    In other news, it looks like BX left a “floater” in the swimming pool this morning. Lost .97 per unit instead of a small expected profit per unit. OY.

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  10. DB

    I posted it yesterday and I’m sure a lot of you though I was nuts but how bout BBI!

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  11. BOOMER

    fade WGOV on this Cramer pop. Its a good long term long, but this is all cramer. and BS

    Short 1000 WGOV 37.55

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  12. gappingandyapping
    gappingandyapping

    NONSENSE! The only things that will be higher today is steel and oil. They WILL make record highs again today. Oh and Ag will sprint to the moon again. Besides, with inflation low they have plenty of room to climb.

    Oh and for good measure LEH should be shorted here.

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  13. JakeGint

    After a hotly contested dual with Ford Motor, “the Fly” lands his newest FC for the Detroit Office.

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  14. BOOMER

    Short 1500 WGOV 37.71.

    Fish Barrel Shoot

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  15. gappingandyapping
    gappingandyapping

    You sure about that Boomer? Whats your thesis?

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  16. Subslime F-alt A
    Subslime F-alt A

    As Mish has been pointing out of late, there are serious problems with the Alt-A market. Incidentally, I feel this is the next shoe to drop. And to be honest, it may make the sub-prime sublime look like walk in the park.

    I just saw a bid list for a bunch of Alt-A garbage and wanted to take a look at how the underlying mortgages were performing, or better yet, not performing.

    Just take a look at the screen below. I wouldn’t have any idea what number to put on this piece of trash, except one that is most likely way below where they are marked. Welcome to the Level 2 – Level 3 nightmare.

    http://image.minyanville.com/assets/FCK_Aug2007/File/Pics15/sg2008051532783.gif

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  17. drnova911

    CLNE earnings may 15!!!!!

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  18. Mushroomz

    I made a dollar shorting LEH on yesterdays TMS!

    mustache still intact!

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  19. BOOMER

    The only news is Cramer’s rec last night on mad money. Retail is chasing it. Its a low float stock, accelerating the pop.

    This is not a new trading range set by Cramer.

    WGOV is part of my long term play. I like them. But its hasnt been exactly a winner lately. If this was an upgrade, that would be different.

    Its a cramer pop, and half if not more of these gains will be gone by tomorrow.

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  20. gappingandyapping
    gappingandyapping

    BOOMER: Don’t be so sure, WGOV makes wind turbines. With the giant purchase by T Boone this morning all wind will be soaring. Be careful.

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  21. BOOMER

    Point taken. Thx.

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  22. doubtful

    can’t help but note that virtually all ag commodities look like they’re rolling over. Rice down daily limit multiple days, stock estimates up. Corn back under 6, wheat – ugly. soy – topped in march, sugar – ugly. So, tell me again what’s going to drive all the billions of new acres needed to keep POT et al afloat?

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  23. JakeGint

    Subslime — look at the collateral documentation line — 17% “full document!!”

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  24. BOOMER

    This is more true than you might think.

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  25. gappingandyapping
    gappingandyapping

    CLNE is taking a shit

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  26. JakeGint

    FED and DSL continuing on their merry way to an eventual “Ducati buyout” at a nickle a share.

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  27. The Game is Rigged
    The Game is Rigged

    You were right about X not being worth $170. Its worth $176, or, perhaps more.

    Bulls never feel pain, every price is a good one. Write that down.

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  28. kmorph

    Hey Larry,

    I got on the RCH train with you, but trying to figure out when to get off. I’m thinking, 11.5?

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  29. Dinosaur Trader
    Dinosaur Trader

    Hey, WTF? I got banned? hmmm… apparently not. However, my last comment was marked as spam and deleted… it pointed to a slightly critical article about “the Fly.” Coincidence?

    -DT

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  30. Woodshedder

    DT- blasphemy.

    Fly On The Wall is NOT Fly On Wall Street.

    And even when The Fly appears to be wrong, he’s not. Its just that the unwashed are unable to understand his rightness.

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  31. POT To $300

    Planting conditions finally improved the past couple of weeks, so the boys in Chicago are taking weather related profits.

    Corn is still up 60% in the past year. Soybeans 75%. If the growing conditions throughout the season turn out to be anything less than ideal, they’ll both be back to new highs.

    POT has gone from $30 to $200 in three years, so it’s clearly an overvalued pig. Fly says he’ll cover at $100, so that’s obviously where it’s headed. Go ahead and short it.

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  32. Dinosaur Trader
    Dinosaur Trader

    Woody,

    I stand corrected. I will never, ever use this space to criticize “the Fly” again, even if I do so with wrong information.

    I just want to take this opportunity to apologize to “the Fly”, “Zombie” for blaspheming his God, and to George Hamilton, the actor, for slightly tarnishing his image.

    -DT

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  33. gappingandyapping
    gappingandyapping

    Its all over for the bears. They are just getting destroyed as inflation goes to zero and steel+oil go to 1,00000000. Its as easy as this, higher oil and steel cost = rich consumers.

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  34. JakeGint

    Fly —

    Just clicked on the “FuckedGoogle” link in your blogroll.

    Do you put any credance in that sight? (ie, should we be lining up GOOG for a short?)…

    One comment jumped out at me:

    In case you aren’t a SEO specialist, you might not be aware that mortgage companies accounted for nearly 60 percent of Google’s advertising revenue for the last four years. The next quarter is going to be a disaster for Google.

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  35. BOOMER

    Sold all longs including 4k BOOM at 37.6
    Holding short 2k WGOV @ 37.83

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  36. Woodshedder

    DT- I hope you are joking. I was.

    Criticism is good, especially when it is on target.

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  37. Dinosaur Trader
    Dinosaur Trader

    Woody,

    Absolutely. Of course I plan to continue criticizing “the Fly” rightly or wrongly, forever, in this space.

    -DT

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