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
23,446 Blog Posts

Short Squeeze Time

I bought 4,000 Chipotle Mexican Grill, Inc. [[CMG]] @ $84.35.

[youtube:http://www.youtube.com/watch?v=Nz87iWwnfmQ 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

48 comments

  1. Largebill

    Not that it matters (except to shorts with sweaty palms), but the DOW will go past 10K around 1 PM. Will it stay above this time? Hmmmm?

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  2. The V.King

    Check out the V.King blog later for a old pic of Le Fly…..Stay tuned

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  3. No One

    Good time to build short positions.

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    • The Fly

      you’re an idiot.

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      • No One

        Many reasons not to get long. What will drive the market up?

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        • The Fly

          In a word: you.

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          • No One

            I wish I had that power.

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          • The_Real_Hmmmm

            lol

            I checked over at Denninger aka “Sam the Eagle” out in muppet land for the first time in months and he is REALLY, like engage caps lock and snap it off your keyboard, serious about the “crooks in the market.” I get the feeling he walks around golf courses in Florida asking men to put out their cigars on his cock before he writes his articles.

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          • JakeGint

            lol.

            He is something of a hair-shirt /burlap bag wearing kook, isn’t he?

            __________

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  4. NotYourMothersChainsaw
    NotYourMothersChainsaw

    CMG, why?

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  5. TX Slave Trader

    It’s all about SNS in this space. They’re trading at pennies on the dollar and new management has huge plans for growth.

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  6. buycurious

    Is that fella Sol on xTrends serious? He’s gone from 0’ish to 12mill in 18 months? I call bullshit.

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  7. 4fl3x

    Hey Jeremy,

    Tim called, he wants to know if he can borrow your webpage template…

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  8. Yogi & Boo Boo

    Oh yummy! more H&S tops on CNBS…

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  9. mustard seeds

    Its time for a huge squeeze between now and early next week, if only to move the Dow above 10,500, allowing this little spate of profanity free blogging to end. I’m sure the build up of trash laden thoughts are on the cusp of eruption….C’mon 10500

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  10. The_Real_Hmmmm

    CERN looks good right here.

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  11. Mushroomz

    It must suck to have your ENTIRE 401-k double short gold. ROFL. You cannot make this shit up people.

    http://slopeofhope.com/2009/10/sea-change.html

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    • JakeGint

      Moe Ron.

      I didn’t even give him shit about this (to be fair, I didn’t see it either)

      Whatta pultroon.

      _____

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  12. zugzwang

    What will lead this market higher? one word farve

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  13. Whodunnit

    Question for people smarter than me…with all the liquidity generated that I hear about, and business being so bad (again just what I hear) Doesnt that liquidity have to go into assets ie staock, since there is no businesses to put it in to? Doesn’t this create the perfect storm(as far as the stock market) for when business does pick up and the Fed has to start pulling back on some of that liquidity. In other words is the stock market going up because of the liquidity and not because of some value change….I will take my answer off the air…

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  14. TraderCaddy

    Am I hallucinating or is something up with UUP?

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  15. Yogi & Boo Boo

    never mind. Jake’s answer is better.

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  16. TraderCaddy

    Watch GS price action in the last hour as Obama has now hand delivered the unemployment figures to GS in what used to be a sealed envelope. Axelrod personally delivered it to GS and said with a chuckle “no peeking now.”

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    • TMoe

      I love it!! It is probably true. Obama has to keep his contributors happy. And as we all know GS runs the country’s financial system there by making obama and his “team” their pupets. Why else would they allow them to be made whole from AIG with taxpayer money? Gs runns the Club that runs the world. They are always looking for ways and always the ways to fix the system and make risk free trades. When have you ever heard that GS lost on a trade?

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      • chivo

        Tmoe would you shut the fuck up already? It’s always nice to read opposing theories but your incessant ramblings about government coverups, misleadings and general wrong-doings border idiotic and are annoying.

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  17. ZOILA

    I’m heading to Chipotle anybody hungry?

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  18. ZOILA

    TC, Jeff would like your phone number 🙂

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  19. TMoe

    Jimmy Rogers is the man. Bought dollars in anticipation of a short term rally, even though he believes the dollar is a shitty currency. Nice contrarian call

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  20. TMoe

    300,000 uup calls trade and only 55000 open interest two days in a row. Wow

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    • Xenophobe

      UUP is just a fucked up etf like (d)UNG. It needs more shares and the action is not related to the dollar – VIX is moving down – dollar is mixed. Prechter is trying to scare people – OHHHHH! Going to new lows! So says Prechter.

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  21. Bow Tie Fucker

    Fly, Do you still hold SQM?

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