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
23,473 Blog Posts

In Light of Alibabba

I have to believe another certain Chinese burrito e-commerce website may catch fire, lighting the heads of the disenfranchised– fueled by black coal, metallic smoke, and other incendiary elements. Persons with bearish bias shall be flung out from their calashes, mid-gallop, to be ruined by mud and spoiled vegetables by the roadside.

Their frocks will be dismantled and their mandibles detached from their hideous scarred faces.

Tax collectors, and the like, will search them out and arrest them for “failing to invest wisely”, a new crime established after the great Alibabba ipo. Men like JACK MA will become examples of elegance and panache along Madison avenue, as ladies flock to him like women to millionaires.

Ladies and gentlemen, I speak of a company whose CEO manages his conference calls with a crying baby upon his lap, not really giving a flying fuck, because his stock is en fuego.

This company is LIGHT IN THE BOX, LITB (drops mic, detonates atomic bomb over Pyongyong for shits and giggles).

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32 comments

  1. jon v

    Just make sure you sell LITB before the next conference call with crying babies on it.

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  2. Jesse Livermore's Ghost
    Jesse Livermore's Ghost

    LITB is crap Fly. If you want a chinese burrito (xtra chipotle) play, CMCM is going up. Full disclosure I do not own the stock.

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  3. matt_bear

    XNET.

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    • Dr. Fly

      STFU

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      • Trent J

        LOL

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      • matt_bear

        lay off the french press. you’re too edgy today.

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        • Dr. Fly

          Carson Block will publish “in all my years attacking Chinese companies for fraud, I’ve never come across one who is as brazen as this one and is my single best short idea of all-time. Name of the stock is XNET. Short it to zero.”

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          • matt_bear

            my urinal shadow says otherwise. don’t you have some municiple bond coupons to research for your new grandpa portfolio?

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          • Dr. Fly

            I’d like to beat you with my cane.

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          • Mateo Raf

            Listen, you two, it’s all about Qihoo. Can you imagine the upside if Jack Ma grows a brain and decides Alibaba should give up a percentage of two of its newfound riches to get Qihoo’s customer lists instead of trying to start from scratch?

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  4. Dr. Fly

    I hope Carson Block writes a book and highlights XNET has his highest conviction short of all time.

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  5. Greg

    That little baby has a trust fund…

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  6. budh

    Crying babies limit the tough questions.

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  7. tradercaddy

    I read in the Workers Daily the CEO is changing the name of LITB to Loudmouth Impudent Tearful Baby.
    That should jack up the price.

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  8. Jas

    Fly, Why don’t you put the coconut oil in your coffee anymore?

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  9. Jesse Livermore's Ghost
    Jesse Livermore's Ghost

    Sounds like someone could use some time with a high end escort in Vegas to blow off some steam.

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  10. tradercaddy

    Never saw that coconut craze coming.
    Growing up in Miami we would grab the coconuts that fell and smash them for the meat and liquid. They were all over the place (before a yellow blight disease killed a bunch).
    In fact when I was a tyke I would play golf at Key Biscayne GC (Crandon Beach) and the coconuts would be floating into the mangrove swamps off the Bay. We would stuff our golf bags with them.

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  11. blackalgo

    I am actually making new equity highs on this down day on the backs of RUBI (+3.3%), NMBL (+2.6%), ZU (+2.2%), YNDX (+3%), YGE (+3%), SOL (+5%), CRTO (+5%) – all my biggest positions (GOGO!) except for DATA (+3%) are taking a breather today though. I am so damn sure DATA will be $100 again – the time frame on that is uncertain though. Long live September!

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  12. blackalgo

    When I wrongly(!) said that tomorrow would be a green day – I meant my portfolio not the market.

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    • blackalgo

      and there is still time in the day!
      SALE is picking up some momentum here. I should have bought more earlier today.

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