iBankCoin

Resigned to The Black Death, Smoke, Chards of Metal and Fire

I stepped out for two hours to get my Apple computer fixed. I said to myself “Fly, you have time to sell DECK before they report earnings tonight. The stock will likely trade flat.”

Lo and behold, someone leaked information, sending the stock screaming lower. That’s it. I resign to the fiction of “fate” and will just sit here and wait for my execution. On principle, I refuse to sell DECK, as it tanks lower, into earnings. I could very easily accept and deal with a post apocalyptic DECK, after reporting abysmal earnings. But this is too much.

My favorite analyst, Sam Poser from Sterne Agee, says the DECK brand is shattered and pricing is collapsing. He insists “the brand is broken.” Who am I to bet against Mr. Poser?

I am the fucking Fly and shall do so, even though it’s crazy and likely to cause severe financial hardship.

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20 comments

  1. JTU

    I\m hoping that The Poser eats dick after DECK announces earnings.

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  2. Rhino

    Did you put your UGG’s on when you stepped out? I’d say your recent AAPL troubles are an omen for their upcoming earnings.

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  3. Steve Place

    ring around the wreck
    pockets full of deck

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  4. G Swiss

    Long 500 shares of DECK into earnings seems like a gimme well see

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  5. OG

    Cuts forecast. We’re all fucked.

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  6. metalleg

    Since no one answered your question in the last thread, your gain would have been +0.33% on 55% of your portfolio, or +0.18% on 100% of your portfolio.

    If I am wrong, it must be fate.

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  7. Mr. Cain Thaler

    Amazon take a big loss. However, take it with a grain of salt.

    Revenues continue to show +27% for the year. The loss was from paying too much for Living Social.

    I can see this all being spun positive going into the holidays. Shit, I’m spinning it positive going into the holidays right now.

    Saw the first Black Friday reference today.

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  8. Jakegint

    Fuggin’ Poser!

    _____

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  9. The Fly

    That was the worst earnings report I’ve ever read. I’ve been destroyed!

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  10. joe

    AAPL lowers eps guildance by almost 25% from estimates

    any other stock and they’d cut it in half

    with aapl, it probably goes up 50 points

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    • AjBaker

      AAPL is going to have a big Xmas season. Just watch. I am personally buying 2 Apple TV’s and an IPhone 5 for presents. You can’t go wrong giving any Apple product for a gift.

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  11. ruggyup

    Fate? Fate is merely a melody of fools, scripted by narcissists intoxicated with delusions of self grandeur.

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  12. Alex

    Fly, who cares what any analyst thinks? Short them, short OI, do your own thing. At the end of the day, who cares? .This is all about taking a stand. Most don’t..

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  13. Drewdog12380

    DECK – a one product company. Even Tom Brady couldn’t save them. Those shoes are so ugly.

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  14. The Eye-Talian Stallion
    The Eye-Talian Stallion

    This man bought DECK before the close.
    http://www.youtube.com/watch?v=ZMQx5WwVg2g

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  15. Alex

    Oh, and one other thing — I’m on the oppsite side of you re. VHC. Guess what — you’re winning and I’m losing. Means nothing to me, you have a great blog and fantastic track record. Like I said: Don’t take this to heart.

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  16. Jakegint

    Keep it in perspective, Fly… remember, every day there are new business ventures to be pursued…

    ________

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  17. prospectus

    This market is a pinless hand grenade attached to a Tasmanian devil. I got Googled by their earnings leak debacle the other day. There is no stability anymore. You can’t trust any company in anything.

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    • Po Pimp

      Bullshit. You can count on WFT to come up with new and improved ways to fuck up their tax accounting or some other way to vastly underperform.

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