I bought 2,000 PCR @ $13.56.
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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
23,433 Blog Posts
Welcome back!
What the hell? Twelve hours ago you were telling people to sell!?
Invisible fairy midgets with pink booties are manipulating this market.
beware….
“Invisible fairy midgets with pink booties”
—————-
Nice visual !
.
great fly is the great fly, he will buy when he wants and he will sell when he wants. He willalways win while you will always loose. His account is growing, your account is disappearing. now, do not disturb him as he is preparing another post…
a push slightly higher today on weaker volume will bring a shorting opportunity i believe..MS looking toppy to me. Waiting like my pit bull watching a rib bone…
The market looks forward. DJIA of about 9500 is probable in the next 6-8 weeks.
85-90% of the bank crisis is over.
After a bigger move in the markets they may begin discounting a double dip recession.
Welcome back piker
tc
Why do you say 90% of the banking problem is over? The kid’s plan could actually fuck the banks over.. having to sell shit at lower prices. Furthermore there is the added problem that according to CS 20% of US bank balance sheets are marked to market while the rest is marked to model or hold to maturity. However if a ready market appears it will force the unmarked shit to recognize marks. This is not necessarily a great plan as it depends where the stuff get priced.
C is nowhere near being solvent. Even with Geithner’s plan they won’t find an investor willing to bid prices required to sell without wiping out their equity. They’re going to need more direct capital infusions before it’s all said and done.
However none of that seems to matter at the moment. So party on Garth.
T MOE STUPIDLY Says:
Generational
You know nothing. You were calling the bottom in October. go fuck a goat
***********************************************
I called the Generational Bottom on Nov 20,
which WAS the bottom.
And I listed ten stocks to buy. Get Clue One,
you fuckin’ dimwitted SHORT SELLER INTO A BULL MARKET! You have no concept of stock trading.
Guess whos back…..
Back again…..
Fly is back
Tell a friend…
Guess whos back
Guess whos back
Guess whos back
da da da da da da
You were also telling people which brands of cars to buy, generational arsehole.
I’ve been closely watching… everytime fly trades some of you fuckers jump in and move the price by 5%. Seriously fly could make money simply front running you fuckers.
WELCOME BACK FLY
Good to have you back pal.
I bought some fxi yesterday and today.
Looks good especially after what the chi fin min dude had to say.
Welcome back to the turret. Baby steps now until you get your swing back.
I was noticing that as well. Especially with small ones running under 500,000 shares a day.
For all you deflation fuckers out there. Suck on this.
the 10 year spread between the regular 10 year bond and the TIPS has now moved to around 140 basis points whereas up to December it was showing that inflation would be zero. (lunacy)
Any of you have a point to make against that, or is the ” deflation” story still the kid you wanna hold in your arms?
Remember you were all making fun of me because I was suggesting that we would see inflation? Put that in your pipes and smoke it.
Oh and the spread will fucking widen too, fuckers.
Its off to the races.
Rolling small gains from RIG puts into LNC calls. Also buying F April 3’s.
Put to call is quite high today. Good sign for the bulls.
I sold my FAS this morning for 6.87. My average cost was 5.92. I just couldn’t stomach the decay anymore. I still own BAC @ 3.94.
I obviously misread the fucking Obama administration … Fuck, they wanted to create more panic. “You can’t let an opportunity like this pass by” Fucker smiling on 60 Minutes and shit!
Ranting on about ‘Tim’s plan’ and Obama’ or ‘W’ before them etc…is at best tedious.
KEEP your eye on the ball – Forget AIG bonuses and ‘toxic assets’ and other noise. Instead, follow the trillions in taxpayer money to one apolitical basket or accept it and trade.
These guys below (and others with the same common connection) — they don’t care about you, your ideology or your guns but they CONTROL the politicians and the message. Laugh and be a tick.
John Thornton
Duncan Niederauer
Jon Corzine
Joshua Bolten
Paul Deighton
Robert Rubin
Gavyn Davies
John Thain
Robert Zoellick
Mario Draghi
Hank Paulson
Donny: What are you looking for in BAC?
I sold 1/2 my pos and have an average for the rest just a little higher as didn’t buy them as well as you did.
I’ve been taking a look through their books and can’t see a huge problem
Here’s what i reckon… if we get through this…
That dishonest shit, Ken Lewis reckons they could pump out $30 billion in 2010. I know he’s a fucking idiot, but the Merrills franchise could kick in and they do lend money. Meanwhile the spread business makes around $15 billion a year.
Say he’s lying but they come in with $20 billion without reserving. What multiple would you put on that? Perhaps 10. If you use 10 that gives you a stock price north of 30 bucks.
topping..? the hideous beaner cackling skank Cabrera may have just signaled an intra-day top…blithering pig woman must be disposed of. Send her to Gautemala to rope wild pigs.
2011= Hyper Inflationary Depression,,,,Global!!
I’m singin’ in the rain bitches:
STP, SPWRA
DAM i paid 13.67 for it!
Hey, I never want to make fun of anyone losing money as its bad form.
However , Mr. I-hate-car-repair-shop-types, Timney Knight is having a bit of a rough time at the moment. The slope for dopes hangers on who trade on his every word must be having a shit of a time. Not good in seeing Timney lose money, but it’s great to see his brainless hordes get butt fucked. That’s amusing. Teach them to come up with their own ideas instead of relying on Timney.
TC – Why is it all of the “old fartz” are more sanguine on the prospects for the future, while the young guns are loading up on ammo and preparing for armageddon?
Donny – I think you gave up too soon. I’m still holding all of my BAC preferreds, along with some other bow wow preferreds. The worst that can happen? I get converted to common and cash out (I’ve already passed ‘GO’ a couple of times). Best case: collect dividends while marching onward to par (anywhere from 2X to 5X my cost basis).
SRS acting well given todays mkt advance thus far…tempting this dumbass to get some, much like an icy cold beer on a hot summer day…83 today in Tampa area..so thats close enough for me…long SRS 53.14
Donny – Sorry, one day I’ll learn to read. I thought I read you dumped the BAC. never mind…