Banks Are Absurd
By the time this whole credit debacle is finished, many small to mid sized banks will be “zeroed out,” or close to it. You know I believe [[FED]], [[WM]] and [[DSL]] will be worthless, inside of 12 months.
I’m adding [[FHN]] to my death spiral list. And, don’t forget about [[CORS]]. I really don’t see how they can make it.
Do your own research.
As you can see, the stock Gods are blessing “The Fly” with bountiful gains in [[NOV]], [[SKF]], short [[LEH]] and short [[POT]].
Getting back to the financials, just so you know, I own two: [[BAP]] and [[AIZ]]. Sometime soon, I will explain my asset allocation methods and how to avoid getting your legs blown off, holding stocks like [[HANS]] or [[SNCR]].
Hopefully you fucktards understand that a certain level of discipline is needed, in order to stay in the game—long term. Sometimes, I get the sense most of you are just going “all in,” one idea after the next.
With my money, I will sell off my trading [[FFIV]] and [[NTAP]] positions and short more [[LEH]].
VISN (FMCN wannabe) - shorted @ $16.9 (so glad I got filled)
May 8th, 2008 at 10:23 amwhy doesn’t the HANS ticker ever work?
May 8th, 2008 at 10:26 amMy favorite bank is RBCAA
May 8th, 2008 at 10:34 amA close on SKF above $102.45 should allow a push up to $110-$112.82….Let the death spiral begin.
Thanks for the extra push in SKF yesterday senior FLY.
May 8th, 2008 at 10:42 amwatching the tape on xlf is absurd.
May 8th, 2008 at 10:43 amBAP getting “Bapped” “Emerald-style” by JP Morgan Bilderberger.
Can’t have them South’Muricans doin’ better’n them.
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Kiwi — not sure why you like Republic, but FYI, the bulk of their growth comes from mortgage origination and OTB-like credit swindling (like check cashing).
May 8th, 2008 at 10:44 amwhat the hell is going on with NOV? that thing exploded up, but i can’t find any meaningful news.
May 8th, 2008 at 10:50 amNOV up on rumours [sic] that “The Fly” is buying it.
May 8th, 2008 at 10:57 amNOV up on unconfirmed chatter of new contract win
May 8th, 2008 at 11:15 amMr. Fly:
You wrote: “Sometime soon, I will explain my asset allocation methods and how to avoid getting your legs blown off, holding stocks like (HANS: 0.00 N/A) or (SNCR: 12.555 -3.72%)”
That would be a much anticipated post. Thank you.
May 8th, 2008 at 11:27 amFly - pls shoot a laser beam into MON
Down with corn fuckers
May 8th, 2008 at 11:45 amENER stomping bears….
May 8th, 2008 at 11:46 am“As you can see, the stock Gods are blessing “The Fly†with bountiful gains in (NOV: 72.77 +5.65%), (SKF: 101.86 +1.81%), short (LEH: 42.97 -1.54%) and short (POT: 196.22 -1.28%).
Getting back to the financials, just so you know, I own two: (BAP: 81.62 -1.89%) and (AIZ: 66.16 -1.91%).”
Yesterday @ 4PM from A Glorious Day:
“During the session, I sold out of my longs and reversed to heavily short, with exact precision. So sorry.”
So NOV, AIZ & BAP are not longs???
I see how they fit your strategy but technically they are longs and you really didn’t sell them …. I’m filling in for Duc today.
May 8th, 2008 at 12:44 pmEmployee:
I didn’t sell everything you ‘tard.
WTF?
Do you think I am managing some bullshit online trading account? To clarify, I sold out of large trading positions, as indicated in earlier posts that day.
I’m still long a bunch of stocks, namely RACK.
May 8th, 2008 at 12:47 pmI am only managing a third tier bullshit online trading account …
So sorry!
May 8th, 2008 at 12:55 pm