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
23,474 Blog Posts

DIGGING INTO THE TRASH CAN OF THE MARKET

Let’s have a look at some piece of shit stocks which may or may not become subject to foaming at the mouth buying, mostly by degenerates like you. The way these things work, you won’t buy these stocks whilst down, but instead wait for them to jimmy up, at which point it’ll be too late and you’ll fuck yourselves again — because you’re RANK AMATEURS.

At any rate, here are some garbage stocks for us to look at together.

Is Carl Icahn dead already? $IEP is down 69% in 2023. His legacy has been ruined.

Gene editing King $ILMN is down 32%

Saudi backed $LCID is down 30%.

Chinese EV $NIO is down 9%.

Solar bellwethers $SEDG and $ENPH are down 64% and 50%, respectively.

China stocks have been annihilated, with the Hang Seng sitting at 15yr lows. $JD, $YUMC and $BABA are down double digits.

People don’t date anymore? $MTCh is down 17%.

Beaten down SAAS: $BILL -25%, $PAYC -33%, $ZI -39%.

Post COVID, people hate the fucking pharmacies, sans the looters. They still love them. Shares of $CVS and $WBA are down 20% and 31%, respectively.

Beaten down online retail: $ETSY -27%, $SE -29%, $CHWY -37%.

War is out? $RTX -18%, $LMT -8%, $NOC -15%.

BIG VACCINE $PFE is down 45%.

Woke $PYPL is -12%.

Risk averse old man names are out of style: $CPB, $HSY, $SJM, $K, $CAG were all down more than 20%.

BIG OIL had a rough year, $APA, $DVN, $SSL were all down more than 20%.

Ag had an off year and especially ag chems: $MOS -13%, $NTR -23%, $CF -8%.

Some notable small cappers crushed: $FSR -79%, $CGC -78%, $SPWR -75%, $CHPT -72%, $QURE -70%, $WOOF -68%, $DISH -65%, $PLUG -65%, $ME -56%, $TELL -56%, $STEM -54%, $BILI -50%, $FCEL -49%, $WB -46%, $ZIM -45%, $LAZR -33%, $BE -26%, $SPCE -25%, $RUN -21%, $PTON -21%,

If you enjoy the content at iBankCoin, please follow us on Twitter