I think I made the wrong trade, buying more Huntington Bancshares Incorporated [[HBAN]] instead of my target Sterling Financial Corporation [[STSA]] . If you are curious as to my methods, I am looking for banks with big short positions and decent tier one capital (over 8.5%). My immediate buy list includes: HBAN, STSA and Central Pacific Financial Corp. [[CPF]] . As you know, I still own a little Pacific Capital Bancorp [[PCBC]] , but intend to sell that fucker at $3 or better.
I don’t feel like blogging anymore today. I am “blogged out,” with my mind on other things, such as: lifting large barbells over my head, eating stuff and drinking a few glasses of Pappy, courtesy of the venerable Mr. Swan.
So, to sum up my sentiments: I am cautiously long, with more than 30% of assets in cash. I am interested in short squeezes and may begin to trade with a bit more velocity. Some of my larger positions, like Flotek Industries, Inc. [[FTK]] , are gay and needle me with daily losses. All in all, I am making more money than you because I am smarter, cooler and people give me stuff, out of fear of mustache removal.
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FIG (Flotek Is Gallipoli)
ROFLMAO!!
Oh, Bravo.
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Talk to him, Jake. He’ll listen to you.
There’s no talking to him…
He just keeps sending wave after wave of fresh young dollars “over the top,” only to see them mown down by the slicing machine guns of FTK shorts.
The cream of his portfolio– cut down in their prime. A lost generation, so to speak.
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roble roble roble
Fly, I too have a stache….what’s with MVIS and their announcement today? A sign of things to come? Any idea about SUF?
Fly, I too have a mustache….what’s with MVIS and their announcement today? A sign of things to come? Any idea about SUF?
Are you Evil Kirk from the Alternate Universe?
nice….
Citigroup officers disclose 2 mln share purchases in filings out after the close.
C…who gives a shit..what those shitweasels do….Citi is toast…keep buying-sold to you….financials are close to the goat kick to the balls…Citi..hahahahahhahhahahahhaa..!
Well they buy stock @3.6+ that in six months or so will be worth what it costs to buy a gum ball($.25).
Don’t they know their $100Million dollar man is shorting energy…. so can’t they make the correlation that their stock will tank with the market.
And Cramer is pumping it on his show, claiming to have never recommended it before. What a fucking liar. He loved it in the 50’s, loved it in the 20’s, and loved it at around $6 in November (http://tinyurl.com/knnyhp). How the fuck does this guy get away with this nonsense? Maybe Dennis Kneale should do some hard hitting reporting on his own network, rather than dicking around with us blogger idiots.
Definitely more than a few gay stocks out there today…
Nice little grind up into the close though
BTW — I had some Pappy 15 year the other day (with above said venerable one)… and I think it might actually be better than the 23!
Afterwards I consulted w. the bartender of said bistro de bourbon, and he agreuuuuuud!
Don’t tell the large white one.
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It’s close.
What time is it?….Its Tool Time, with Dennis Kneale…bashin the blogosphere
It’s time to feed your dog. That’s what time it is.
Where have you been? This is no way to treat your favorite pet.
Does anyone have any idea whats going on with the TRIN index in think or swim these past weeks?
its readings have been “fucked”
Gucci,
I hear that etf’s like faz and fas have fucked up the readings. Dickheads that invented those etfs should be tied down and teased by Guy Adami.
Just listen to all the experts out there. We have made it through, nothing to worry about. But hey what about the housing market. Well new starts are up, but how many of those new starts are being sold?? I bet not many. There may be pending sales but I am willing to bet that out of 10 pending sales only 4 actually get done. Then there’s our good buddy fannie mae — Fannie Mae seeks $10.7 billion in new US aid after posting $15.2 billion second-quarter loss — How laughable. This is the fix of the housing market that this administration has been talking about it??? Give me a break. Even if there is a jobs number that comes out tomorrow that pleases the street. I am going to buy some DEC SPY puts and wait for this bitch to crumble.
Indeeeeeeeed