So I am listening to this short seller (Fichtorn, the loser who owns IMMR, on their board, crushed in gold stocks, etc.) on the teevee and he is declaring stocks have 80% downside from current levels. He’s shorting everything, of course, especially since he NAILED the dot com crash (his words, not mine). With the NASDAQ off by a hundo, it’s the perfect time to declare everything to be rotten to the core, cause a panic, then bathe in your returns.
Do you remember when I sold IMMR? Well, I sold it because that guy, Fichtorn, was on the board and his hedge fund was getting crushed, long stupid positions and short everything that soared. He is one of the very worst investors in the world, yet CNBC feels it necessary to give him a platform to spew his ignorance on a day when the NASDAQ is off 100. This guy even threw mashed potatoes at my WDAY position, which is having a fine day, might I add.
I have nothing else to add other than the fact that all of my stocks are down between 5-9%, putting me back to the lows.
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CNBC fired Gartman so they had to replace him with the 2nd worst investor of all time, Fichtorn
How many times are we going to bounce at 1840ish? I don’t think its going to hold this time.
Why does Carl Icahn refer to himself as ‘we’?
Because he has a shop of 20 very smart people that do a lot of hard work he doesn’t want to do.
Because he is crazy.
because he thinks he is the pope of finance
I am down 6% YTD. Unhappy about it. Awaiting lower prices to buy.
I got you by 20%
Gary Kaltbaum claims to have made the correct call in 2007 before everyone else. I heard it on his radio show this week.
Therre’s a lot of smart M’F’ers out there, if you listen to them.
that guy doesn’t make money on the way up or down. is pure talking head
Kaltbaum avoids bear markets but doesn’t know how to book a gain. Terrible returns over time.
He was so excited that people are losing money. What a sick human.
Ugh
Please do not use my picture again to headline your articles. I didn’t look like this before I went long
Wonder how many times I need to get beaten down before I give up.
winners never lose
EWZ is now an inverse play on the US market….really crazy.
This could be a 200-point down day on the nazz
I think this says it all about Dialectic. Astronomy. Might as well have a B.A. in Goat Fuckery
John Fichthorn has a B.A. in Astronomy from the University of North Carolina at Chapel Hill. Luke Fichthorn was a VP of equity research at Lazard before founding Dialectic Capital.
Pussy traders win again… sitting tight
Seems like the only pussies are the ones holding the bag and whining.
I keep hoping to see Fly once again return to the glory of punching mustaches off of faces and tossing lit molotov cocktails from his 80’s style stretch limo. Come on!
why don’t you just put on some lipstick, pop a mint in your mouth and get on your knees
haha
At least Lou’s parents knew how to spell his name. Illiterate fucktards and their made up names.
Master xu looks like a guru right now went long an now shorting yelp ! LOL
Mr. Unclear in the mind 168:
Unfortunately, I covered early and went long at about 66.66. Satan’s decimated number.
Sincerely,
Rong Xu
Wrong Xu,
Should I go long YELP here? 65.50 ?
His name is Rong, not Wrong. He’s not Wrong– not much anyway.
Flanki:
I don’t know. Do you have credit card bills that need paying?
Sincerely,
Rong Xu
How about “Wrong for now, XU” ?
Rong,
I bought YELP shares with my credit card.
I decided to sell my YELP up wun dorrar. Thank you for your advice Rong.
Mr. Rong, do you intend on being 0% long into the weekend less YELP and shorting the russell into next week?
I think Rick Ross had something to do with this. He has offended the Gods.
http://www.youtube.com/watch?v=VwBH3Fj1zSc
Is the world ending?
Yes, the world is ending. Either that or else there is a big 30 year bond auction today and the Fed wants everyone to sell stocks and buy bonds today.
Fichthorn for President !! ..
Janet Yellen giveth, Paul Ryan taketh away.
World not ending. Was around the last time it ended. This isn’t even close to the same vibe. Mostly on the sidelines since September, starting to get in now.
To the FAZ mobile !!!!
Jesse,
my dog bought it yesterday, you somewhat late
Long 5 ES contracts here….should get a nice bounce into earnings next week.
http://www.cnbc.com/id/101214861
Best opportunity to short since he started his firm 10 years ago he said in November 2013). For some reason he didn’t mention 2007 as a nice short.