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
20,688 Blog Posts

Friendly Reminder: Never Sell Short Stocks into National Festival

I realize Thanksgiving is illegal in many parts of the country this year. However, the point remains, thou shalt not sell short US equities into the haze of National Festival. It’s simply inappropriate to think and to behave with such malice, at a time of year when we stuff our faces with cranned berried sauce and drink whole bottles of wine straight from the bottle.

I will have you know, I am SUSPENDING my booze free commitment next week thru Thanksgiving, in order to drink all the time. I have every intention of drinking all the time, maybe even during trading hours.

Today’s tape is of course good but I have been out again. I will be back to normal trading hours soon enough. My Mother In-law is scheduled to arrive here tomorrow, which will last for what I imagine to be many many months.This is fine by me since she is a big Fly fan, even taking my side often against the sometimes evil Mrs. Fly.

My accounts are all up, trading +55bps, a rather somber and milquetoast showing due to my value stocks predisposition. I sold NKLA today for +12% and I ought to venture out into more risky assets; I really should, but a value man cannot discard his convictions just because the market is handing out free money. I have a job to do, not exactly sure what that is anymore, but I am going to do it nevertheless.

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9 comments

  1. ha

    All Californicaters please be sure to have 3 open walls for your Thanksgiving dinner. It’s the law!
    In other news, it appears
    Dominion Voting who is charge of the US elections, is a Canadian company.
    Dominion Voting shares their floor with Tides, a Soros funded leftist organization
    Dominion Voting donated at least $50,000 to Hillary Clinton

    Cool! That’s how we roll in the land of the caged; home of the cowering.

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    • one-eighty

      Whoa! You gotta watch those fucking Canadians! Before you know it they will be dragging the USA into the 21st century, ramming universal healthcare, medical assisted dying, legal pot, low murder rates and decent covid results down your throats. Run for the hills! Trump needs to buy more golden toilets and that’s more important than anything else!

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  2. emersonlakepalmer

    Remember when Hillary called all of the the Constitution respecting, law abiding, non-racist, non-homophobic, non-xenophobic Republicans “deplorables”? I do, and I can never forgive her or the Democratic Party. Now, coming from a lower middle class union working family, I have always leaned a bit left when it comes to social issues. And I never saw film footage of her coming under sniper attack in Bosnia, but if I was with her I would’ve told her to run like hell with those cankles, and ZIG-ZAG ZIG-ZAG!

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  3. purdy

    Added to S+P short here.

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