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
19,840 Blog Posts

EMERGENCY ASSHAT AWARD: COLLIN GILLIS

This man, this reprobate of a human being, had the audacity to speak on the Fast Money today and compare Apple to Blackberry. Yes, gents, he said Apple could very well be going down the path of BBRY, despite not showing any signs of that whatsoever. I suppose Ralph Lauren could become the next Coldwater Creek or Nike could become the next Fila. Anything is possible, right?

ASIDE FROM THE FACT THAT THE APPLE COMPUTER CORPORATION IS THE LARGEST COMPANY TO EVER GRACE EARTH AND HAS UPWARDS OF $150 BILLION IN CASH RESERVES.

Aside from all that, Collin kindly kept his $98 price target intact, which makes this award all the more necessary.

Listen and cringe to this man’s, this beer swilling bedlamite, double speak all the way to Asshatville.

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37 comments

  1. zombie

    The Fly is God.

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  2. ironbird

    All things that assholes wait in line for days for fade away. Pet rocks bell bottoms chastity belts. Overpriced technology made by suicidal slaves in a foreign land is a fad. Take the EBT away and Apple loses easily 20% of nerds.

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  3. sia

    In the end, don’t we all eventually turn into a BlackBerry?

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  4. alf44

    .

    Samsung is the NEW Apple !
    —–
    He typed from his iPad while talkin’ on his iPhone !

    .

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  5. the shiek

    Doesn’t this also mean BlackBerry could become the next Apple??…I’M BACKIN’ UP THE TRUCK!!

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  6. frog

    It’s the TV. The TV is an entertainment device, not a source of information. I wonder if he’s looking to get long AAPL soon and hopes to pull it down to a lower price for him to get in at?

    I can’t imagine many of these hats on TV actually believe the stuff they say. Some are trying to get a reaction from people– so they can entertain people and get more attention than the next hat. And others may very well be trying to ramp up a stock that they want to sell short high, or trying to talk down a stock they want to buy low. They know that there are a lot of idiots listening, so they want to take full advantage of that fact during their time on the TV.

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  7. sethster99

    Got more UVXY in AH. This market is stl going to rollover.

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  8. smartestone

    I have no idea what this market will do next , but it will probably involve me losing money

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    • rahagar

      That’s what it’s here for. Algo’s, HFTs and Buy/Sell programs creating the chaos to confuse you, that know your stops and pick your pockets.

      You lose, play again? You lose, play again?

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  9. rahagar

    I believe I heard him talking out of both sides of his crooked mouth tonight. Excited about ER, but no new target (yet)…he has to wait and see how market reacts to up PT.

    I am upping my PT to 110 by end of year. Maybe higher if economic headlines improve. And higher yet if Icahn tweets >6 more times about Cook.

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  10. J Livermore

    That Korean bitch put words in his mouth. I swear to god I met a Melissa Lee in a massage parlor about 10 years ago. She said she was paying her way through Harvard. Wooked jus wike har.

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    • alf44

      .

      WOW !!!

      I DID NOT know that cockroaches frequented massage parlors !!!
      —-
      YOU must be an exception !!!

      .

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  11. J Livermore

    Mawisssa Wee weawry wanna be a twada.

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  12. xxxhuggiebearxxx

    HUGGIEBEAR IS LOOKING FOR A DIP TO 1840 ON BEARISH NEWS OUT OF GERMANY TOMORROW NIGHT.

    HOLD cash gentlemen the second dip is coming.

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    • the profit

      Huggie – there is no news out of Germany today. Nothing… no economic data. All eyes are on China, which reports GDP in 9 minutes. Our fates for the week/month depend on it.

      I think it surprises upside though (or at least the news will be positive). I’m betting on it.

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      • xxxhuggiebearxxx

        You were right and wrong….China was tonight and did appear to surprise a bit positive. But Germany is tomorrow night/Wednesday and won’t be as good.

        The Fall of EUROPA is what everyone is afraid of and justly so, for it portends the end of the West and the rise of the East.

        Look for the second half of the week to be a market disaster.

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        • the profit

          http://www.tradingeconomics.com/germany/calendar

          I don’t think Germany data is tomorrow night. Relax, friend, I think we are in “badnews is good news” mode now. The Yellens, Draghis, and Zhous of the world has our back. See — we need the german data to be bad for a long time to soften up the iron lady. Eventually, they’ll capitulate to political pressures and stimulate. Then get ready for a bonanza.

          Until then, the US is strong like bull.

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          • it is showtime

            This is a little late. Badnewsgoodnews. That is so 2012

            After a 2week dump, 2 day mini-rally, Bad news is good news?

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      • the profit

        Chinese numbers upside UP. Get ready for more rally tomorrow (and into this week). More germany numbers this THURSDAY (~3AM) — so I think we don’t really sell off at all until then.

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        • xxxhuggiebearxxx

          I concur, though i do think the PMIs could ruffle some feathers. Long n strong until then.

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  13. the shiek

    Need Unisys to deliver on the earnings tomorrow…Make it happen UIS!

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  14. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    GOOG or AAPL. Who will be 1st trillion market cap. Try neither. We have we heard this nonsense before…oh yeah 1999.

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  15. it is showtime

    Copper
    getting no
    Love

    Stayunder3baby Stayunder3 or 2.99

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  16. one-eighty

    The problem with Apple is that there isn’t a very big moat around their business. A lot of people make phones and tablets.
    They are a hardware company that doesn’t even make their own hardware. Everything is contracted out. They just sell it.
    Jobs is gone. When Ive leaves, what is left? How will they keep persuading people to pay $800. for $300. worth of phone?
    My daughter traded up from an iphone to a nexus, and she likes her new phone a lot, plus she saved a lot of money.
    Apple is a good company but their stock price is built on a future that is in real jeopardy.

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    • og

      Why would they want to make their own hardware when there’s no money to be made there?

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    • bruce keller

      Yeah, on the street a lot of people are getting the Samsung phones. Those execs are going to suck the money out of AAPL just like last time they were big and Jobs was gone. Taking money from the people that buy their shit, and now, stock.

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  17. inandout

    Gillis looks a lot like Glen Beck to me , maybe a uncle or cousin perhaps.

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