Come on already with the fucking incessant XOM buying. Assholes, XOM is not the safe haven you make it out to be.
Cash you say?
Let’s do a screen for companies, with a market cap of $50 billion or more, with net cash per share/price ratios higher than XOM, shall we?
We shall
Here are the results:
AAPL- .30
CSCO- .20
STO- .16
INTC- .15
GOOG- .14
MSFT- .11
QCOM- .10
PFE- .09
and finally
XOM- .08
Question for you XOM lovers:
How did the stocks with better net cash per share/price ratios fair, over the last 6 months?
Once again, I want to sell short XOM, especially if it has the audacity to break $80. I know the technicals are terrific. Hell, even The PPT is bullish on big oil.
My approach to XOM is longer term. I am looking down the road on this fucker; and, I see all sorts of brainless “safe haven seekers” with their pockets turned inside out, deballed from betting on the fucking fraud, better known as Exxon.
UPDATE: I changed my mind: I sold out of my PFG position just south of $16.15.
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how much longer are you gonna bitch about xom go fuck a bag of golf balls you winny bitch
merger mania about to start in the energy sector
John Kerry is right-o about the banks at least. The Best Answer for the banks is very clear. The Toxic assets must come off the books of the banks immediately. The banks will be given a mulligan, and the losers will be the taxpayers. It simply must happen.
Nationalization of the banking industry would be a complete disaster, due to a (further) collapse in the stock market. You cannot nationalize a few banks, and expect the rest to compete. It won’t work. They’re not gonna nationalize the banks, they are gonna give the banks a 2nd chance.
Bank on it!
Fly, let me tell you a story ’bout a man named Jed,
grabbed Ellie Mae and threw her on the bed
unzipped his zipper and out popped a worm,
and up from the worm came a bubblin sperm.
this should answer all your questions on XOM
Winner:
You Mother is a goat licker.
I will short XOM until the cows come home.
velocity of money in itself is meaningless. look at period of 20’s, great bull market while velocity going down, also 1997-2000 same thing.
https://admin.minyanville.com/assets/FCK_Aug2007/File/Cory/mau7.jpg
I guess the nutcrackers at CAT were as pessimistic as usual on the conference call that started at 11:00.
That fucker spiked this morning, but has gotten snobberknocked since the call began.
Chivas:
Save it.
market is down 50% yoy, all banks are nationalized and unemployment is soaring.
Are you fucking out of your mind?
Fly,
the post was made in response to your comment on velocity. it was wrong.
everyone knows what happened during the last 12 months. bfd. tell me about the next 12.
mother-
http://www.foxnews.com/story/0,2933,483007,00.html
-fuckers.
FLY: what does the PPT say about AFAM
Almost Family (AFAM) provides in-home nursing services and personal custodial care for recuperating and disabled patients. With the Obama administration’s attention to healthcare and the push for electronic medical records, all 3 of these companies stand to benefit from the incoming administration.
14x PE
.60 PEG
I will short XOM until the cows come home.
That reminds me, do you remember what the name of the dog in Stand by Me was?
You know, the one owned by the mean old dump manager? The guy who would chase the kids away by instructing the dog to “Sic balls?”
_________
Kujo?
Short XOM & short SSO
Easy money
stopped out of LOPE @ 19
Peanut?
Donny,
So after we bail out all the banks and give them a 2nd chance, should they “pinky promise” to never take bad risks again??
Printing more money in times like this is like pushing on a string. See Japan 1990s.
Fed needs to monetize the debt.
Deflation bad right now. Need some inflation or else we are screwed.
You’re gettin’ all mavericky on XOM. I like your style.
Chivas:
You’ve been bullish for the last 12 months.
QED
And you are wrong about velocity. It matters.
you guys are a bunch of “perfect pickle lickers”
get on board already, XOM is going down.
After the banks are finally given the mother of all bailouts, they will never have the opportunity to loan out dumb money again … at least not at the same extent as we saw the first half of this decade. The Gov’t is gonna break up the mega banks, and they’re gonna re-institute a modern tweaked form of the Glass-Steagall Act. They’re gonna re-regulate what the insurance co’s can do, the banks … all of it.
Everything in financials will change once the smoke clears.
No, no, Cujo was a whole different story.
“Peanut?” Stick to the charts, Woodrow.
I want to say it was “Chopper” or “Chomper” a la “Chopper, sic balls!”
_____________
I thought I took the Giant loss to Philly pretty hard.
But there’s “taking it hard” and well… there’s this.
_______________
definitely Chopper
good god a fucking mighty….. “well…there’s this” holy fucking jesus H christ……I just have seen it all now…..
this XOM shit is fucking bullshit. problem is too many are hiding there, and there’s nobody with enough juice to gun them. >:(
Fly — re XOM.
At $84, you’re out, though, right?
________
I covered my XOM short a few weeks ago. However, I won ample amounts of DUG/ERY, which is 30% XOM.
I am selling out of more longs here, especially PFG.
Fly,
i have done very well during the last 12 months, thank you very much, even a lot better this year.
the chart on velocity speaks for itself. to argue or to say is wrong, is, well you pick the word or phrase.
eat some lunch, either your blood pressure is high or blood sugar is low.
end of this fucking discussion.
that’s it. I’m ready to short XOM on a break below 78.87
Got it:
The Fly, Aris and TMoe take on XOM.
_________
Conviction is the only Long even if you’re Short.
Chivas:
Go fuck yourself, inside a fucking club house of stupid.
What the heck kind of accent is this anyway?
Some interesting moves on the currency exchange markets. Someone covering their pound pounding from last week.
Anyone notice the DXY (not to mention UUP) today?
It’s important.
_______
wow, nice. will do. now, go eat a sandwich and take a fucking prozac. you will feel better.
I like PNRA for a short. Its the “sbux” of the sandwich world.
J forgets that any V creation is being sucked up in the funnel that is feeding the black hole ….
He also ignores Supply/Demand in a prolonged downturn that adds to deflation …. hence all those cars still coming off assembly lines, in transit and in storage at dealers, parking lots and test tracks … they’re running out of places to put them! Auto makers must provide deep discounts and 0% financing now (despite gov borrowing at higher rates) to burn off that inventory and downsize.
I’d bet that WHR, HOG, SNE, ETH and others are facing the same problems. If consumers had cash/credit and perceived inflation, they’d be running to BBY for the latest LCD-TV before price increases …
Get a clue J, just like cars, appliances and furniture, it pays to wait for better prices when deflation is at work … especially gold and stocks … get in the funnel!
UUP down means that DOG is about to go in reverse.
There is a -0.88 correlation between those two.
Look for a short term bounce.