That piss o’ shit is getting flushed and the market is ignoring it. Actually, the market is acting like a scared kid, putting his hands over his eyes, in order to avoid seeing the horror.
I have no position in [[LEH]]. However, if I had to bet, I’d say that fucker is going out of business.[[PZN]] is almost single digits. Frankly, I do not think that firm deserves to stay in business. They lost 28% of their assets under management last quarter!
And, many of the other brokers are “doing the Lehman,’ via diving daily. From [[SUSQ]] to [[MER]], they all blow.
I see some of you think your bullshit Honda Accord is in fact a time machine, via selling short my [[RIG]]. Go ahead, have a ball. Just know, betting against “The Fly” is illegal in 32 states and punishable by lethal injection or electric chair.
Gold looks sweet here. [[DGP]] gets it done.
And, Finally, [[JEC]] is rallying today off of SGR‘s numbers. To hell with both of them. I want to sell JEC right here, right now.
Top pick: short [[CAT]], short JEC
NOTE: Aside from LEH, keep an eye on [[FNM]], [[FRE]], [[FCSX]], [[NLY]], [[CMO]], [[MFA]] and [[MTG]] too. No way the market can hold up with all this shit floating around.If you enjoy the content at iBankCoin, please follow us on Twitter