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
23,471 Blog Posts

PIMCO Sold Treasuries; Time to Buy?

On the news that Bill Gross, head weirdo at PIMCO, sold all of his treasuries, the market responded by bidding them up.

Long dated treasuries, best represented by TLT, was up more than 0.95% today, closing at $90.55. The million dollar question is: where will Bill put his money next? Corporates? Munis? Fucking idiotic and childish stamp collection?

TLT

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16 comments

  1. J. Livermore

    Head of a weirdo too.

    Stamp collection…ROFLMAO !!!

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  2. Marc David

    That’s funny.

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  3. Matt O.

    I live down the street from PIMCO and know multiple people that work there. EVERY single one of them fears Bill Gross and are some of those most robotic and lifeless people I know. Apparently he demands complete silence on the trading floor. Maybe he is actually a robot himself.

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  4. Tom

    He looks like Bishop Weyland .

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  5. Jakegint

    What happened to his cheesy mustache?

    Now he looks like Bill Gates’ effete brother.

    _________

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  6. Fly

    PIMCO3000, Gross model

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    • J. Livermore

      Should be stamped on that big forehead.

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    • A little knowledge
      A little knowledge

      Und das Fly
      You can’t get banter like this just anywhere.

      And news that makes money.
      Fly is just the guy who could pull that off.

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  7. Bill Gross

    Man I am handsome… ahhhhh

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  8. Charlie Sheen

    He was injured in a car wreck in his early 20s and that is why his scalp is missing hair. He has to move stuff by the ton so he he is moving out before the carnage starts. Maybe into Canadian and other foreign sovereigns plus maybe some emerging market corporates.

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  9. Yabollox

    Somebody has to sell to the Fed. Buy back cheaper when the fed stops buying.

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  10. J. Livermore

    Domo arigato, Mr. Roboto
    Domo, domo

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  11. Po Pimp

    Hell, the TLT chart looks like most inverse leveraged ETFs.

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