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
23,431 Blog Posts

Dividends Equal Death to Shareholders

As you know, my “Five Reverse Horseman” of financial freedom are straight up money makers: [[FED]], [[CORS]], [[FHN]], [[DSL]] and [[PACW]].

In addition, recent bets against Chinese-American lenders have panned out with idiotic precision, avenging those who deny “The Fly” of robster, via [[CATY]], [[EWBC]].

Even small bets against funny ticker symbols, like [[WTFC]], work with robot slaves.

Now it’s time to bet against banks who have the audacity to pay out dividends. How fucking dare they?

Recent moves to eliminate dividends in [[KEY]] and [[FITB]] have resulted in quick deaths for those who are long in their retirement accounts. It is my belief, we will see a lot more of dividend slashing, to go with dilutive financing.

My new short list includes:

[[BBT]], [[CSE]], [[CMA]], [[FULT]], [[TCB]], [[SNV]], [[CYN]], [[FTBK]], [[FMBI]], [[ONB]] and [[FNB]].

Now go play with your fucking charts.

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7 comments

  1. The Fly

    BBT just reaffirmed divi.

    Short squeeze ensuing.

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  2. The Game is Rigged
    The Game is Rigged

    OMG BBT your timing could not have been worse

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  3. The Fly

    What?

    I’m not short from today.

    If your time frame is only 30 minutes, you’re a fucking moron with a pea sized brain.

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  4. The Game is Rigged
    The Game is Rigged

    carry on

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  5. gappingandyapping
    gappingandyapping

    Wow playing with those banks is a very very dangerous game.

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  6. Hybrid

    RF is the next to cut their divi and raise cash

    You have been warned

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  7. Jakegint

    Fuck that, I’m shorting more.

    ___

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