I am really, really heated right now, due to the surge in shares of SHZ. In my quest to win Chinese Lotto, I had conducted about an hour of research on SHZ, like last week when the stock was $1.13. Seeing it at $3.20 in pre-market trading is equal to having the winning lotto numbers at home, sans ticket.
Here are my notes inside of The PPT
|
“Micro cap burrito posted record volume today. Worth a dice roll, fyi” | ||
|
“Aside from gold +copper, this company has extensive rare earth deposits in China.” | ||
|
||||
On a separate note, seeing shares of AMLN get obliterated this morning, thanks to the FDA, reminds me why I avoid biotech stocks like the plague. They are nothing more than pinless hand grenades waiting to blow arms off.
Thus far, pre-market, stocks look poised to bounce at the open. People know longer trade this market, only computers. So, having said that, do not expect the market to adhere to any semblance of reason. Doubling down on my “having said that” demeanor, I am a seller into any rally, due to the novelty of it all. I am interested in stocks trading down, all the time, no matter what Bill “The Jackass” Miller says on the teevee.
Deeply embedded in one of the worst trades of my career (VXX), I am reminded of how cyclical this business is, with regards to “getting the market.” I’ve been through so many hot/cold streaks. It no longer affects my confidence. The important take away: no matter how bad/good you are trading, the trend always changes. If you are enjoying yourself now, nailing the market, remember the times you were retarded, running down Wall Street with your head tilted sideways, panicked over margin liquidations.
See folks, life is all about redemption. Some of us are really good when dealing with adversity, others fold like the NY Mets coming down the stretch.
As for me, well, I will not trade the opening tick or anything before 10am. Too much noise, not enough substance.
If you enjoy the content at iBankCoin, please follow us on Twitter
It truly was a sick ass call but there will be more. And what if it went the other way, these fucking time bombs can blow off limbs and arms at these levels.
I appreciate the thoughts/perspectives of the time machine pilot. TY
Yea
Thanks fly , you give us little people hope.
“I am interested in stocks trading down, all the time, no matter what”
What happened to being neutral and winning no matter which way the market goes? Now you are an uber bear??
tongue in cheek
Bill Miller says Buy Buy Buy!
When will PPT 5.0 be ready? It is the ATM machine style where the customer swipes his debit card for a deposit and comes back later for a much larger withdrawal minus a very very small teensy fee for the iBC.
Indeud. Thanks Dr.
You always bring your A-game to the table.
“If you are enjoying yourself now, nailing the market, remember the times you were retarded, running down Wall Street with your head tilted sideways, panicked over margin liquidations.”
Lol.
….and you stand ready to by those margin lqiuidations, no?
by=buy
Bye bye Miss American pie, bye bye BAC
People “know” longer trade this market
That would be the Spelling Police’s jurisdiction. Please turn in your gun and badge at the nearest precinct house.
_______
Check out AMLN….
EDS is a new Chinese Lotto pick. Yesterday they said orders grew 25% for Spring/Summer 2011. They have the highest growth rate in the Chinese sportswear industry. Is that an oxymoron?
Do they have the Micheal Jordon of Ping Pong sponsoring their shit or something?
___________
I think their “epilepsy” line improves Dance Dance Revolution performance three-fold.
http://www.xdlong.cn/brand_station/
If you read this Godly site, at least understand the Holy Art of Sarcasm (peace be upon Fly)
Show me the money!~