Speaking of scared, thank God I do not own a lot of Sterling Financial Corporation [[STSA]] , otherwise today’s death plunge might have ruined my jolly mood. In short, the company is deferring interest payments on some junior subordinated notes. They are not breaking any covenants; but they certainly do suck. For that, investors are bailing, rightfully so. I will hold my position of 30k for another day or two, selling out after a bounce.
As for my biggest intra-day winner, I love the action in ANADIGICS, Inc. [[ANAD]] and may consider adding to my position here. It’s part of my whole 4g/smartphone thesis play.
The general market trend, without a doubt, is up. Do yourself a favor pal, have a lucid moment and get the fuck out of the FAZmobile. If today’s rally sticks, bet your bullshit dollars on a “rip your face off” melt up tomorrow.
Top picks: Tesoro Corporation [[TSO]] , ANADIGICS, Inc. [[ANAD]]
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Scared…
… for what will happen to the world economy if we blow up into another bubble less than 12 months after the previous pop.
I’m scared right now.
I am a caveman, I am always scared.
“I never scared” – Bone Crusher – http://www.youtube.com/watch?v=viJ5W-E3EJc
Scary how folks jump on the anti-private property UN Agenda 21 bandwagon so quickly, in the name of saving the environment. Sustainability at the expense of personal rights. Very scary.
Excellent comment. Vigilance the price of liberty, and all that . One thing for sure — our 200+ years are not the historical norm, human nature wise.
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freaking out for the avalanche that is coming..
I am scared of the NY Yankees, UN, Obama, Chuck Bennett,TradeBots, and strange people throwing quarters and oatmeal out of the windows of moving limos.
You should not be scared of Chuck Bennet.
He is a lover, not a fighter.
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scared to eat a sandwich.
.
J: Scared speechless?
I was scared after getting crushed in a FAS trade back in Feb/March. But you and CA have rehabbed me. I made my first trade yesterday and made 12% on a small position in CTIC.
Marsupials scare me.
Oh yeah.
I forgot to add that vasectomies scare me.
Well sure.
Who wants their balls lopped off anyway?
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Gotta offer it –
If you’ve never seen kevin pollak doing an impression of christopher walken run, do not walk to this video.
http://www.youtube.com/watch?v=KQZ_GKN9Ufw
Here he’s doing chris tell the famous old comedian joke, the aristocrats
http://www.youtube.com/watch?v=WSEfUkAm8-0
I eat scary shit for breakfast, then piss away money in the stock market.
Health Care stocks scare me though. They should scare any investor. Stay the fuck away from Health Care.
I bet people who are short AIG are pretty scared right about now, no?
They are FTKed.
Fuuuuucccckkk I didn’t see that.
man oh man I reckon every ambulance in the US is presently rushing to administer first aid to all the shorts in that stock experiencing heart failure as we speak. That has to be one of the biggest two week beatings I’ve seen in a long time. It’s like a UFC contest that never ends.
agreed, fly. why is AIG up 8 bucks?
also, it’s crazy-funny how the meme is now “oh bad unemployment numbers mean higher likelihood of stimulus!” and “shanghai downtrend means chinese stimulus!”
i bet the bears are PISSED
Reminds me, disturbingly, of Lehman in the last months.
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since shit dollar financials are the new must own…FNM
BDCO getting a little hurricane juice!
Scared,now there is a man with no fear, Henry literally got his balls chopped yesterday and is back in the game today sitting on an ice pillow!
Fresh out of FAZ, maybe I buy FNM
Bought some more if-ain’t-Boeing-I-ain’t-going here, adding to a reasonably sized position and now hoping those useless fuckers get this Dreamliner (nightmareliner) off the tarmac.
i would be scared of being the absolute last jackass to buy AIG today….
Off for a sandwich…
AIG — which is insolvent and worth zero – is up because the dollar is worth zero too. So zero times zero = undefined — meaning, it can be whatever you want it to be.
The Zimbabwification of Amerika continues.
0 X 0 = 0
0 / 0 = “undefined”
moron…
FAZ is starting to look FAZtastic again. Let me clue you guys into something. A friend of mine works for a Realestate Field Services company. He told me that they are frantically hiring people right now. They are clearly preparing for an “end of the world” event. Take a look at UNG and GAZ. Nat Gas is down big, but these bull crap tracking mechanisms are completely broken.
It frightens me that someone like Al Franken can get elected to the Senate.
Franken looks like a genius compared to the Speakers of both houses.
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Jake,
Im thinking youd like to see Rand Paul as the pick for Bunnings seat there in KY