iBANKCOIN EXCLUSIVE: Calling North Carolina For Romney

Rednecks hate Obama and there are plenty of them in NC. Based upon “The Fly’s” fields tests, talking to his uber rich clients from Raleigh, he is comfortable calling NC for Romney, despite what the homos on the teevee say.

UPDATE: Romney just opened up a can of whoop-ass on Obama.

Romney is picking up steam in FL, with none of the hillbillies in the panhandle reporting.

He just took Illinois, NJ, DC, MA, MD, CT and RI–fucking Romney up in the background.

With just 1% of the vote in and 50%-50% split between Obama and Romney, “The Fly” is calling WVA for Romney.

Here is the round up, thus far.

Romney: KY, WV, SC, IN

Obama: VT

In the battleground states, Mitt is leading in VA, OH, while Obama is smashing Romney’s face in FL and NH. In summary, Romney is up 33-3.

UPDATE: 49-3, Romney.

Enough about stocks already. Some of us got fucked today and some of us did the fucking. Now it’s time for everyone to get fucked (absolutely NO homo).

I will be providing you with sagely predictions, as well as ‘on the scene’ coverage tonight, as Willard “Mitt” Romney seizes the crown, in what will widely be described as ‘criminal in nature and explicitly reprehensible’, from the donut hole makers at MSNBC.

Get your FOX news cowboy hats ready, my good friends from the Appalachia! We’re gonna have us a good ol’ fashioned BBQ tonight, served extra greasy.

http://www.youtube.com/watch?v=m9SmhC-Sm6Q

NOTE: Keep track of elections results here.

NOTE II: This song was performed LIVE at an Obama campaign rally yesterday, with the President of the United Steaks present. The song commonly refers to women as “bitches.” Obviously, the President is okay with this rhetoric. The artist JAY Z, admitted drug dealer and criminal extraordinaire, pleasantly replaced the word “bitch”, again meant for all people of the female gender, with “Mitt.”

How kind of him.

Will you be required, by government mandate, to eat more peas and pay your fair share? Or, will King Romney usher in a new era of unbridled, cock-eyed, capitalism, where you are able to kick your neighbors down empty elevator shafts in order to get commission payments on his burial?

These questions and more will be answered tonight.

Separate from that, I ended up reducing my VHC position, between yesterday and today, by 25%. It is still rather large, and going lower, as the jury deliberates the case. The weakness in the stock is reflective of the stakes and people with overexposure, like myself, have sold into a potential risk scenario. Nevertheless, the case should be a W for VHC and the shares should rebound, rather dramatically, on a positive outcome.

I doubled up on ANR and down on EXK, adding to both positions with the appetite of a lion trapped inside of a cage filled with environmentalists. Thanks to the buoyancy of TC, FFIV, ANR and DECK, I am up by 1.5% today–not a bad day for me with all things considered.

Tonight’s election will be decided by the pasty, fat fuckers, from 0Hio. Of course I find it to be unnatural and disgusting.

ESRX and FOSL are getting poleaxed. I wanted to point out those stocks because last quarter their earnings were spectacular. As a matter of fact, I believe FOSL was up like $15 on earnings. This market is shit. Even if we run higher on QE, the earnings are for shit. Not only that, the volatility is so absurd, it’s almost impossible to trust holding stocks for more than 3 months.

How can investors buy and hold with this sort of punitive pinless hand grenade action (No Zillow or BSFT)?

You cannot. Therefore, keep trading, trusting nothing and take profits whenever you can. If a stock you sold soars, don’t even think about it. For every 1 missed opportunity, there will be 10 avoided tragedies.

Fuck this market, fuck the elections and fuck 0hio.

I don’t think people realize the magnitude of damage afflicted to Staten Island. I lived there for 8 years and can tell you it is the most neglected borough in the city, despite it having the highest income per capita in NY. Many of the homes that were washed away were upper six figure homes, not shanty houses near the side of the road. These were pristine neighborhoods, all destroyed due to a 13 foot storm surge.

My friend has about $100k in damage to his house, none of which is covered by insurance. FEMA offered him a loan.

Here are some videos to get you up to speed.

http://www.youtube.com/watch?v=pWLxc3ew1zQ

Ok, now how many celebrity sponsored telethons have you seen thus far? We knew about this storm for a week before it hit; why wasn’t FEMA prepared with stockpiles of supplies and manpower to service areas like Staten Island?

The answer is very simple. You no longer live in a first world nation, where the government spends your money appropriately and protects its citizens when they need it. Our focus is to protect our oil assets abroad and to rebuild fucktard power plants on Baghdad and adobe huts, AFTER we blow them up. People like Obama and of his ilk point to a crisis like this and say “see we need FEMA to help fuckers out.” But they don’t mention the hundreds of billions that is being wasted and misappropriated, corrupt greed ransacking the treasury.

When you can’t police or provide basic necessities for your citizens during a time of duress, you are a third rate nation. Period, end of story.

It was a decent day for the market, with exception to my positions. My largest holding, VHC, continues to bleed out–day in and day out. I am down just 1% on the stock, so I started to liquidate. I understand the trial is going well, and that’s all fine and good. But if the longs (listen to me) can’t hold their ground here, with 38% of the shares sold short, I’m afraid this stock is destined for the trash heap of society.

I’m entitled to change my mind about things, aren’t I? Why aren’t the shorts covering into the verdict? Moreover, why aren’t the longs defending their baby?

Answer: the shareholder base is fickle, like a woman in a fucking shoe store. You can expect me to liquidate more of my position, but not all, during the week.

Surprisingly, my best performing stocks are my biggest losers, DECK and FFIV. And, of course, coal reigns supreme via ANR.

YELP is getting smashed. Should it tick lower, I might buy it back.

Finally, I’m in the process of getting my ship in order (no OSG). To do that, I need to liquidate most of my positions and transition into new ones.

For the day, I was up 0.25%.

Romney= ANR, GS, BX, NOC, NAK

Obama= ESRX, RGR, SWHC, DLTR, GLD