Fuck fat folks.
No offense to obese people, of course.
Coming soon to iBC: Why Vulcan Materials Company [[VMC]] is a piece of shit and who should be selling it short.
Here now Update:
| VMC Vulcan Materials misses by $0.17, misses on revs; guides FY08 EPS below consensus (68.50 ) | |
| Reports Q2 (Jun) earnings of $0.93 per share, excluding divesture, $0.17 worse than the First Call consensus of $1.10; revenues rose 16.2% year/year to $1.02 bln vs the $1.07 bln consensus. Co issues downside guidance for FY08, sees EPS of $2.85-3.25 vs. $3.29 consensus. |
Anything in particular bring on this thought? The price of donuts or something?
Someone drink your milkshake?
lol
Same to corporate IT “little men” who blacklist the internet, up to and including this Godly site.
You did fuck them Ray. No more ninety nine cent McCheezburglars. Crock.
Fat people are a source of amusement. The FUPA itself is worth their existence. Oh, and the way their egregiously fashioned thighs appear to form a common unit, giving the appearance of a split tree trunk while walking. Fat people are gay.
.
Behold…
http://www.youtube.com/watch?v=fRCtHD_I15c
Continue circling your bowl, yankee fuckers. The flush is coming.
Wait a minute…is that fucking Danny, masquerading as Junk Spread?
I have the explanation.
Fly took the kids to Rye Playland this weekend.
He brought the video camera, of course:
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Nope, Wood. It is I, the one and only Junk Spread. Danny’s knowledge of TA (and T&A for that matter) pales in comparison to my own. You know how you’ll always be able to tell it’s me? I’ll be the one knowing what the fuck I’m talking about.
lol…well, you’ve either been lurking here for a long fucking time, or you are a regular with a new handle. Either way, cool.
Handjobless,
Notice how the stupid one (that would be the woman) is laughing uncontrollably. She just witnessed the FUPA that little fat fuck is sporting.
I’m off to count my fucking money, fags. I’ll let you know the total tomorrow after I find out of the FDIC is going to cover all the losses that I siphoned out of Fly’s brokerage account…
I thought it was the boytitz, myself. Notice how they act as frictive brakes on his near-death plunge?
Btw —
Danny, are you making a comment on your junk at this moment, by any chance?
Junk:
Stick your charts in your right ear sideways.
Tomorrow, remind me to explain why VMC is one of the worst companies in the country.
Is it because they are run by space aliens without emotional response?
Who just happen to “drop killah beatz?”
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Canuck, I am appalled by the unwarranted drop in the loon. In fact, I just bet it’s taking some back as we speak.
http://us.ft.com/ftgateway/superpage.ft?news_id=fto080520082038554052&page=1
as I am closing my overnight positions, I am sure that there will be bullshit spread a foot high off that Fannie report. This is now losing its pleasure, trading in a socialist market. It has lost its pleasure.
Fly, could you use another trader/servant?
AGU destroys/annihilates/nukes estimates of 3.12 with 4.00. This is for the quarter, not the year. The stock should double today, carrying the ferts to egregious gains, or back to resistance at the double bottom, triple sell breakdown, quadruple seismic quadrangle points of previous support.
Transocean-RIG reports Q2 EPS $3.45 vs. consensus of $3.23
Reports Q2 revenue $3.1B vs. consensus of $3.05B
Fly,
Thnx for the heads-up on VMC. Yeah, that’s one of the worst reports I’ve seen all year. They look pretty fucked.
I like their chart a lot too — stock went into this number overbot, which means a lot of money might be trapped and trying to get out from the open. We’ll see…
It’s one of my top radar-list stocks for this morning.
Cheers,
Phil
Hate on fat people if you wish, but they’ve propped your old favorite BWLD back up to an interesting level.
Also big Costco shoppers.
-DT
AGU up 1.85 on that number. Stock would be down $80 if they missed. God bless America, drill drill drill!
Free market capitalism is next best path to prosperity, right behind crybaby crony capitalism.
.
Fly’s just mad ’cause he got turned down for the bailiff job that just opened up. Time to rub the bunions Fly. Snark.
Born thuggin and lovin the way I came up
Big money clutchin, bustin while evadin cocaine busts
My pulse rushin, send my pulse into insanity
Shout at my cousin now we bustin if they yo’ family
The coppers wanna see me buried, I ain’t worried
I got a line on the D.A. cause I’m fuckin his secretary
I black out and start cussin, bust ’em and touch ’em all
They panic and bitches duckin, I rush ’em and fuck ’em all
I’ll probably be an old man before I understand
why I had to live my life with pistols close at hand
Kidnapped my homey’s sister, cut her face up bad
They even raped so we blazed they pad
Automatic shots rang out, on every block
They puttin hits out on politicians, even cops, I ain’t lyin
They got me sleepin with my infrared beams
And in my dreams I hear motherfuckers screamin
What is the meaning, when thugs cry?
(Chorus:
Battle scars and closed caskets that multiply
mother fuckers die
dont ask why
we dont shed tears we shed blood
do you still want to be a thug?
when thugs cry
)
Heh.. maybe my addiction to friction got me buggin
Where is the love? Never quit my ambition to thug
Ain’t shed a tear since the old school years of elementary
Niggaz I used to love, enclosed in penitentiaries
But still homey keep it real, how does it feel
to lose your life, over somethin that you did as a kid?
You all alone, no communication, block on the phone
Don’t get along with yo’ pop, and plus your moms is gone
Where did we go wrong? I put my soul in the song
to help us grow at times, but now our minds are gone
We went from brothers and sisters, to niggaz and bitches
We went from welfare livin, to worldwide riches
But somethin changed in this dirty game, everything’s strange
Lost all my homies over cocaine.. mayne
See they ask me if I shed a tear, I ain’t lie
See you gotta get high or die, cause even thugs cry
[Chorus]
[2Pac]
And all I see is these paranoid bitches, illegal adventures
Bustin motherfuckers with uppercuts, I leave ’em with dentures
Cause in my criminal mind, nobody violates the Don
I write your name on a piece of paper, now your family’s gone
Why perpetrate like you can handle my team?
So merciless that my attack’ll take command of your dreams
Leavin motherfuckers drownin in they own blood
Clownin takin pictures later
Laugh bout the punk bitches, that turned snitches
Regulate my area, the terror I represent
Makin yo’ people disappear, you wonderin where they went?
Am I cold or is it just I sold my soul?
Addicted to these streets, never find true peace I’m told
Come take my body God, don’t let me suffer any longer
Smoke a pound of marijuana, so I know it ain’t long
Where is the end to all my misery, is there a close?
I suppose that’s why I murder my foes, when thugs cry
Fly, why is Vulcan one of the worst companies in the country?
The Recovery and the Storm
Todd Harrison Aug 06, 2008 7:45 am
Global economic turmoil isn’t going away just yet.
“Many times I’ve loved and many times been bitten. Many times I’ve gazed along the open road.”
–Led Zeppelin
They say what the market knows isn’t worth knowing. Investors around the world hope that once again proves true.
The US housing market is in its worst shape since The Great Depression.
Japan is about to declare a recession.
China is technically broken in front of the Olympics.
Iran snubbed its nose at the Western deadline on its nuclear program.
Consumers are grappling with the worst inflation in 27 years.
HSBC (HBC) Chairman Stephen Green described financial markets as being “the most difficult they’ve been for several decades.”
The Royal Bank of Scotland (RBS) is expected to post the biggest loss in British banking history.
The doom and gloom is palpable and it’s enough to make the most fervent bears run for cover.
If only it were that easy.
Last summer, Minyanville offered that if the wheels fell off the financial wagon, we were well warned.
One year later, financial stocks are down 35%, analysts have chased the market lower and the same pundits that calmly assured us to “Move on—there’s nothing here to see!” are screaming “Apocalypse now!”
As John Maynard Keynes once said, markets can remain irrational longer than investors can stay solvent. Widespread anxiety, in and of itself, isn’t a valid reason to swim against the tide.
With the markets however—as with life—the destination we arrive at pales in comparison with the path that we take to get there. Therein lies the opportunity—and yes, the risk—in trading that journey.
The Jedi Mind Trick
I offered last week that we may be seeing the manifestation of an upside agenda into the election. The two components of that dynamic were higher equity prices (so corporate America can issue secondary offerings) and lower crude, possibly to $100/barrel.
The key to affecting that reality is collective perception and that speaks to the importance of “higher lows.” Since the S&P closed at 1235 on July 15th, the bulls held higher ground at S&P 1235 on July 28th and S&P 1250 on Monday. Through a pure trading lens, those latter levels can be used for near-term risk definition.
Should they remain underfoot, an upside scamper becomes more likely with time. When and if that manifests, performance anxiety would percolate as fund managers eye their third quarter letters. It’s a bit forward-looking but that’s how the market trades and we must as well if we’re to keep up.
As discussed in real-time on Minyanville, I’ve been operating from the long side with an eye towards this evolution. It should be noted that my stylistic approach is different than it was into the July lows. At that juncture, given that the markets were massively oversold, I scaled into exposure as a function of price.
With respect to this set-up, I initially set stop-loss orders below my entry levels to keep a tight leash on my exposure. With each leg higher and each “higher low,” I rolled my stops to the underbelly of newfound support.
Successful trading is about ascertaining an advantageous risk-reward. This particular set-up, as it stands, continues to do just that.
One Step at a Time
In the end, markets will do what markets do. The only elixir for what ails us after years of financial engineering is time and price. The government will give the market all sorts of drugs but in the end, it must take its medicine.
That reality has crept into our consciousness but it’s a process until the point of collective recognition. The shifting social mood and the attendant risk reduction will last for years as learned behavior and behavioral excess is unwound. Once it has, we’ll be ready to build anew.
Just as everyone was bullish last spring and summer, however, nothing comes easy in a bear market and the crowd is rarely rewarded as a whole. We can debate our standing on the denial-migration-panic continuum but mainstream psychology is a toggle not a toss.
It’s called the path of maximum frustration. Get used to it because it’ll be with us for a while.
When we chew through this prolonged period and find our way to the other side of the cycle, we’ll likely see an inside-out recovery—one that turns investors inside out by the time we recover!
That may well include a run into the election to embolden the bulls (how I’m trading my short-term portfolio) followed by a harsh comeuppance as the bears reclaim their fame (my long-term savings remain 100% cash, backed by T-bills).
When we finally find our way to realistic economic building blocks, the recovery—a sustainable, legitimate, powerful, recovery—will look unfamiliar to many.
It will be worldwide not stateside with risks and rewards on a massive global scale.
The trick is to be there once it arrives and the ability to sync our time horizon and risk profile will greatly improve our odds of success.
Remember, the dot.com prophecy came to pass but not before shaking the foundation of the system.
Globalization will play out in much the same way once it claims its maidens.
Discipline over conviction as we continue to find our way.
R.P.
http://www.bloomberg.com/apps/news?pid=20601109&sid=ab8tLRN2gZWo&refer=home
FCX in takeover crosshairs
Say it ain’t so Joe!!
Bove cut LEH!!
fm MV –
Rusty as it may be, there’s some truth to the adage that the sharpest rallies occur in bear markets. This morning Merrill’s David Rosenberg noted that the Nasdaq – “the epicenter of the last bubble burst” – posted three 30%-plus rallies from 2000 to 2002 on the way to a larger 80% collapse.
Meanwhile, technically, the bullish percent indicators we track through Investor’s Intelligence show demand in control (albeit in a bear market context) and looking at the S&P 500 cash in DeMark terms on the daily and weekly charts, we now have a couple of targets to put this bear market rally in context.
First, a close above 1284.70 today would increase the probabilities of a continuation move higher to potentially 1348 over the next few weeks. That level is also a corresponding relative retracement level from the recent July low.
Note as well that on a point and figure basis, a move to 1290 would break a triangle, though in the context of a downtrend. As we noted in Five Things yesterday, higher equity prices are critical to relieving the first leg of the debt crisis for banks. This will allow banks to recapitalize at the higher levels investors now require, though at some cost to existing shareholders in dilution. Nevertheless, this, not moves in short-term interest rates, is what is meant by another rusty old saw – “don’t fight the Fed.” Only now, it is don’t fight the Feds, meaning the coordination among global central banks, Treasury, monetary and fiscal policies.
Fear works both ways, higher and lower, and The Fear is now concentrated among those who are pursuing the bearish case, not among bulls.
Bruce, there is wisdom in Harrison’s words.
He’s a pretty decent writer, as well. I’ll have to keep an eye on him.
__
Listening to the RIG cc. The CEO is gay. If you own this stock you’ll catch HIV.
George Bush-man , I believe there are 2 t’s in your first name? – Hottentots
yep, Harrison’s a good man & wise trader
Scott Rothbort
FCX As A Target Is No Surprise
8/6/2008 10:26 AM EDT
Patrick Shultz mentioned earlier reports that Vale (RIO) might be interested in acquiring Freeport McMoRan Gold & Copper (FCX). I mentioned yesterday that the stock was sold off too much for potential buyers not to take a hard look. I mentioned BHP Billiton (BHP) as possibly being on the lookout as it may have backed off from Rio Tinto (RTP). This whole sector is higher as copper prices rebounded and takeover talk is getting hot. If RIO goes after FCX I would not expect Kloppers at BHP to sit idly by. FCX could be the subject of a good old fashioned bidding war in my opinion. This industry is primed for consolidation. Of my package of holdings in this sector, FCX is by far the largest.
Position: Long stock – FCX, BHP, RIO
Sometimes I think iBC chooses a name for me… at random.
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Heads up on the Russell ($RUT) — look at the two year chart.
Anyone see a left shoulder forming, ovah heah?
Or am I just thinking magically, not unlike the literary stylings of Gabriel Garcia Marquez?
__
Good ole fashioned short squeeze in the worst company in the country.