Who would have known the vampire that is Facebook would have sucked my YELP position dry, fucking the entirety of the social media sector? TELL ME, WHO WOULD FUCKING KNOW THIS INFORMATION (ask Chuck Bennett for the answer)? Back in the old days, when an industry leader came public, the halo effect would buoy shares of peers. Not today.
In this fucked up world, the exact opposite occurs. Instead of riding the coattails of an industry leader in its prime, your fucking stock triggers circuit breakers to the downside and gets halted for trading, like ZNGA.
God-fucking-damn it.
Cock sucker, motherfucker, shit, fuck, piss, dicks, hummus.
What am I going to do? Should I walk down the street and hit someone with a tennis racket, right in the nose? Or, maybe I should buy a few slices of hot, hot pizza and slap people with them?
You know, I’m actually tempted to sell out of my old man stocks and buy more EXK/AG/WNR. Without a doubt, that move will fuck me. I’ve saved myself so much money this year, more than you know, by doing nothing. So many times I felt like buying something, only to see it drown in large vats of vomit, shortly thereafter. I really want to buy precious metals here; therefore, you should sell them short.
That’s all.
I’m sick of talking about Facebook or listening to some fat slob talk about his emails regarding their allocations. I DON’T CARE.
Life could be worse. I wanted to really load up on MTW the other day, but opted for a midget sized position instead. Lo and behold, SHAZAAAM, that fucker is down 30% in a few days. No biggie. The Chinese don’t need cranes anymore.
YELP IS CHEAP, CHEAP, CHEAP, but also expensive as hell. You must understand there are valuations during times of duress and a totally different price when markets are booming. Everything is shit now; therefore, speculative stocks get to enjoy multiple compression. The trillion dollar question is: what are the fucking Greeks gonna do?
Fuck my life.
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I really want to buy precious metal here; therefore, you should sell them short.
Wait for the retest of two days back, and then you’re gold.
No pun intended.
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More blogging is needed senator, in these here times of turmoil.
I did not see you commment on today’s post?
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ah perfect, i have been distracted. Merci.
Fly may think he’s got it rough but when you put things in perspective, losing some money isn’t as bad as losing other things:
http://latino.foxnews.com/latino/health/2012/05/18/flesh-eating-bacteria-consumes-man-penis/
What in the hell did I just read
by the way, the news causes your posts to scroll off too quickly.
Yes, I am not in favor of the galloping scroll so much.
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It seems some prefer quantity over quality.
I like the old style where the ‘tabbed’ bloggers were up top. The other stuff should follow below IMO.
I agree!! i had no idea the tabbed bloggers get kicked to the back of the bus with the pikers. looks like i have a lot of reading to catch up on…
You do realize they tabbed bloggers still have tabs right?
Agreed, the valuable and entertaining blog posts should be better separated from the news posts. I have been burned too many times by some catchy title only to click and realize it was a news post whoring out to some other site. – Especially those done by Cronkite- I actively avoid anything posted by him for this reason.
“The trillion dollar question is: what are the fucking Greeks gonna do?”
The prez has called an election. First polling suggests that the lunatic asylum called Greece are coming to their senses and the two major parties are looking like their getting more support.
Don’t forget that 25% of the population didn’t vote. I’m sure they will take an interest this time around when the abyss of dropping out of the Euro is explained to them.
It seems Europe is quite prepared to throw them to the wolves unless they shape up. It won’t be a case of Greece leaving the Euro , it will be them getting thrown out.
“Cock sucker, motherfucker, shit, fuck, piss, dicks, hummus.”
LOLL!!! Hummus was the kicker.
LOL
Great post Sir Fly.
I was expecting to see a “fuck me running sideways” reference after starting to read your post.
Crazy market.
^^ Couldn’t agree more. Your writing is even better when times are bad than when they’re good. That’s a rare talent, Monsieur Le Fly.
The StockTwits verbiage censor meter just spiked, big time!
This market sucks. At least AAPL is finally catching a bid.
AAPL catching a bid when everyone else is focused on FB. Says to me that there’s going to be some resolution over the weekend and market heads higher. Money moving into commodities yesterday and today while the overall markets are down is another sign.
Maybe. But today’s market action seems more like we’re setting up for a capitulation move down early next week.
“what are the fucking Greeks gonna do?”
They are apparently olive-oiling their peckers,
and lining up behind Le Fly, who is bent over.
Lol!
I feel your pain Fly. except I start out that link with C*cksuckin, instead or ****sucker… works better, feels better.. tr
AMZN 170 something PE
AAPL 13 something PE
tells you all you need to know about about “low and high”
My watchlist, sans PM’s, is getting obliterated yet the market is down 0.25%. Fuck facebook.
Brilliantly written piece Fly.
I second…”hummus” was the kicker for me.
Good information written so well, I can’t stop smiling. [applies to the majority of what you write]
Damn, you are clever. I believe every number of your 154 IQ.
Your “Writing IQ” has to be 170
by the way
really enjoyed your dark days narrative.
Similar experience here [1981]…New broker, Blew up personal acct to zero, totally broke, brokerage firm went zip, had to live in mom’s basement for a while. Dark days indeud
HORATIO CLAWHAMMER
Hummus… yummy
How/Where the fuc* do I sign in to my IBC username??
Sold my $ERY 12.98 from 9.33.
“Starting” to get sweet on oil again.
I remember by the end of the movie “Haywire”, Michael Douglas, playing the Chief CIA, explained to Mallory Kane, the black op super-soldier that the “halo effect” is a very rare occurrence.
I guess that was a subtle message which I took heed…
I’m taking a sip of beer everytime I hear the word “facebook”. I may pass out before the market closes.
Aside from Facebook (sip). This market is really starting to bum me out.
This Merkel broad……..what the fuck ?
This market is the gay shit. Fly is the king. You warned me and I thank you for it.
Another afternoon flush.
A Once Fav skier term taken on a new meaning !
I took your advice, I just hit someone with a tennis racket and it felt great.
Thanks for that.
It kinda makes sense but I would not have thought of it. If you can’t get Facebook you buy the next nearest shit. Then when you can get Facebook you sell that shit and get the real thing.
Repent you sinners! Fall to your knees and pray for forgiveness. A wrathful and venegeful god is about to punish you for believing in whatever stock positions you currently have.
I personally like 100% cash.
SHAZAAM motherfuckers! Love that shit! We need Merlin’s POOF your bullshit rally is gone icon.
thinking about buying VXX – should stop the drop in its tracks-
Greek hiney hoppers want to know, IS FACEBOOK TOO BIG TO FAIL?
For the sake of everything you are, go make yourself some coffee!
fucking shit. hedge everything. im freaking out so this may be the bottom.
The old “slow bleed” is in full effect.
Remember, just because a stock has gone way way down, doesn’t mean it can’t hit the ground.
401k’s IRA’s all getting fleeced again, while government employees retirement accounts getting bailed out by the taxpayer.
Nothing like a fair and equitable economy for all.
Dow 6500 within 12 months.
get your shorts ready
I AM GOING UNDER WITH YELP
Banking on SPX 1293 holding I caught that falling knife @ 18.70 … and got punched in the nose …. YELP!!!
I AM DYING IN YELP
dead cat bounce finally
Oh my god yelp is getting murdered.
Never had dick hummus….
damn FLY now I followed u with WNR last year and got killed….now getting killed again
guess its my fault
Need $SPX to rally 10 points quick!
VELT is working but ZNGA gave me a black eye … maybe YELP will bail me out (???)
I think cocksucker is supposed to be one word, like motherfucker.
FB is gonna close at 38.01. A bullshit price for a bullshit stock.
Holding off on my buys today. Gonna stanod on what I’ve already got ’til next week in case we get a Black Monday.
im likin gld, wprt today…not so much wlt.
I think I’m yelping, but in a different kind of way.
$SPX held 1292 and bouncing … come on 1300!
facebook, more like in your face broke
Nymph Take..G8 is set to talk Oil Prices this weekend. IMHO Oil needs to come down if Obama wants to get re elected. 90.50 is key support. They can come out with language about releasing Strat Reserves…we will see..BTW, Po, Thank you on your take on the crack spread. The articles I am reading to learn Pipelines is all the material I can find on the Pipeline Crossroads of the World. I try and avoid other people’s analysis.
Regarding Other People’s Analysis..I mean, I try and learn about a subject as best I can by books, yes articles..and then I try and think about it and how it effects everything. Then I throw out my ideas, as dumb as they can be, so the people that really know the subject can be my teachers by pointing out errors of my understanding (which I am greatful) for. After, I feel OK in understanding the subject, then I will read Wall Street/Seeking Alpha/etc on their takes..which many times they have even less understanding on. Po I see you as a Oil Expert.
what a fuckery … 2008 style..
FB is a shitshow, but expected that…
but overall market, oh boy
even PMs died by the EOD…
had to daytrade like a mad man, hate that…
all 3x inverses, but sitting naked again…
nerv racking
FB buyers were getting order confirmations as much as 4 hours after the fact.
Bud Fox: “You got your Facebook @ $43.”
Customer: “43?!?! It’s reading 38 now! Give it back!!”
Bud Fox: “Give it back to who!?!? You OWN it.”
This post is EXACTLY how I feel, driving past the Pacific Stock Exchange a few minutes ago, I just started randomly screaming “vagrants!”at the traders outside taking smoke breaks.