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
19,768 Blog Posts

Fly Buy: VMW

I bought 500 VMW @ $82.90.

Disclaimer: If you buy VMW because of this post, wild Romanian goats will eat your harvest. And, you may lose money.

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Don’t Fuck with MVIS

While many of you assholes sold with a three handle attached, “The Fly” kept his hand steady, knowing that he was much smarter than you.

We’re going to CES ladies. The company (MVIS) is going to have a kick-ass device, that can change the way people view mobile content.

And you sold with a three handle attached?

Asshats.

Aside from MVIS pleasantries, VMW, RIMM and BWLD are lighting my balls aflame.

There’s nothing cute or funny about this tape. It fucking sucks.

Forget the dip buying. Apparently, it’s a losers game.

Instead, give into the current trend, via going long big ol’ boring stocks, like PG, CLX or CL.

Finally, it’s worth mentioning, “Dollar Danks” (iiG) and FUQI are on the move.

Coincidence?

I think not.

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Greetings From Romania

I must make this note brief, for there is much work to be done.

I’ll have you know, I have successfully convinced the impoverished townspeople here to put their “low-end” life savings into MVIS shares.

I told them “you will be able to feed your goats gold” by investing in this company.

Being that I do not have access to a computer, I have no idea where it is trading. If it is higher today, send your greetings to Romania.

Without having access to any sort of 21st century technology, it’s hard for me to make market calls. However, I can tell you the people here think the subprime shit is comedic.

When I tell them how much money our bankers are losing, they throw mashed potatoes at me (here, throwing potatoes is a term of endearment).

In short, I need to get out of this shit hole. They do not have rib-eyes, rich man’s whiskey or high speed internet access.

WTF?

Developing….

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Soros Takes a Piece of the Tanned One

After today’s trading, billionaire fucktard, George Soros disclosed a 1.78 million share stake in CFC.

As you already know, this stake only increases George’s irrelevancy– and is sure to send CFC spiraling into a “tropical oblivion,” created by the “tanned one” — Angelo Mozilo.

NOTE: In addition to George’s CFC stake, he reported an interest in XMSR.

Even more irrelevancy.

Viz.

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Fuck This: Off to Romania

Apparently, Mother Market didn’t get my “Don’t Tank” memo.

I’m over here, walking around the office, like a chicken in a coup, amazed to see all of these fuckface stocks knifing lower.

I’m better off herding goat, in the mountainous regions of Romania, than betting on stocks, “waiting for shoes to drop.”

The bears won. Big reversals and losses could be found in VMW, GOOG, AAPL, RIMM etc.

You name it; it went down.

Once again, recession proof stocks were bullet proof, such as GD, CLX, PG and UN.

Without a doubt, tomorrow is the most important trading day of 2007.

Should we recover from this foolishness, we may get the seasonal “Santa Claus rally.”

If not, feel free to join me in Romania. I’ll have plenty of work for you to do.

NOTE: John Thain is the ‘American Psycho.”

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Fly Buy: XFML

I bought 10,000 XFML @ $7.20.

Disclaimer: If you buy XFML because of this post, iBankCoin.com will add three more columns to the main page. And, you may lose money.

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Don’t Tank

Leadership stocks are being sold, all day long. However, for the most part, they’re still green.

It’s ok if they trade down a bit, but not tank.

Should AAPL, RIMM, VMW, GOOG, BIDU start getting “machine gunned,” the whole warm and fuzzy good feeling of yesterday’s rally will be replaced with panic and complete asshattery.

In addition to the above concerns, “The Fly” is quite busy yelling at his monitor, due to precipitous declines in XFML and VMI.

In other “newz,” MCHX goes higher, everyday.

Who would have thought?

Finally, there is a lot of selling pressure in MVIS. Personally, I know a lot of people who are throwing in the towel, preferring to go long some of the beaten down leaders.

As you know, upon stock market recovery, the leaders go up first, then the 2nd tier names. Finally, the lower tier speculative stocks, like MVIS, go up last.

I’m not selling until CES.

NOTE: Old man Ducati just posted, in “The Peanut Gallery,” delusionally exclaiming: “US markets have been in a de facto bear market since the year 2000.”

Har. Har. Har.

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