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
23,433 Blog Posts

A Special Message for Retail Investors

Pardon me, I do not mean to rain on your gay parade. I come with a message in hand, it reads:

Dearest Retail Investor,

Don’t pay attention to what the blogs say about us; we love you. To prove our love, we will give you what you desire more than anything else: more stocks and bonds. The market has been so difficult and “trying” these last two years; we felt it was our duty to reward the retail investor (you) via large/behemoth secondary and bond offerings. Some might say “companies are flat-out, stone cold, fucking bankrupt. Fuck your secondaries.” However, those miscreants are all liars and thieves, originated by jealous socialists or communists— who want to take your guns away and declare the Bible “fiction.”

In closing, we want to make you happy. Call your local broker and tell him you are interested in some dilutive constructive secondary offerings. In the coming months, we will be “gifting” you with so much supply, you will feel like a little girl in a barbie doll store.

Let’s rebuild America, one offering at a time.

Sincerely yours in earnest,

Wall Street

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20 comments

  1. Cash-N-Guns

    Fly – I concur your thesis on the floodgates of offerings upcoming is spot on…timing when that happens will be the harder part…just looks like mkt here still has some juice left..wont crack…yet.

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  2. skvm bvkkit

    Barbies!!

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  3. J

    we’ve had offerings in Australia all year. Everyone thought they were getting a bargain and ended up with shit on their hands. It’s been the biggest fuckover for a while. Retail took it like champs though. There were no tears.

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  4. The Fly

    The market is ALWAYS wrong. It gets it right sometimes by accident, merely because, long term, economies grow. People always knee jerk to optimism.

    However, we are in for a shit load of offerings.

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  5. The Fly

    BTW:

    Muni offerings too.

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  6. Kiwin

    “Call you[sic] local broker . . .”

    Here to help, just saying.

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  7. mrkcbill

    Jed, Holds all the patents as the inventor of Red Box.

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  8. jeff

    Retail, then CRE to be big fall. Nothing new.

    Privatize the profits, socialize the losses boyz

    Long and strong life. ~2012 good luck

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  9. esoap

    have just snapped up californian municipal notes for a song. spent everything thanks for the chance to invest in Chinafornia. Hope you and your american friends have enough water and rice in august. Fxy lady x

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  10. JakeGint

    Shit, when did you start cadging from the Daily Kos?

    Watch out, that guy’s a bitch about his IP.

    _______

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  11. TheArtist

    sucks ass to be in central Italy right now…….

    they seem to have some brand new “ruins” for the tourists to visit.

    on other news, it seems the financial TV hosts across the board are so fucking ignorant, they will surely rant on this Mayo deal all fucking day, and are acting as if “they just can’t believe it!”

    what a bunch of high over paid fucktards and fucktardettes….

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  12. The BIG BANKS need no more capital….that’s what they say, no?

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  13. Dr. Incognito

    The Tao of Thain so to speak.

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  14. Cash-N-Guns

    banks will rally till one goes bust, or they rise enough that a mass equity offering hits the street..Bernanke is buying like a motherfucker…

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  15. bhh

    the risk/reward on FAZ looks like a no brainer here. The 50d MA is 2x further away than $0. Treat it like a call option with no expiration. If it goes to zero, oh well. It is probably worth the shot here for a move back to the 50d at least.

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  16. PRICERUNNER

    FXP should be the stock if we trash. Still not at my level for buy yet but almost there.

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  17. I’m going way out on a limb here and predicting the “stress” tests will be passed by the banks and since the Geithner-Summer cabal have given the BIG BANKS a blank check book from the US, you should short the taxpayer, not the BIG BANKS.

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  18. JakeGint

    A special message to trapped bears:

    Take the money, run.

    Dollar death approacheth.

    __________

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  19. Zugzwang

    Long 1,000,000 FAZ

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  20. yepper

    Well said…

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