Thursday, August 23, 2007
The Important Matter of BearShitters
Unlike people who buy stocks, "bearshitters" are in the game for something extra. They want the entire country to collapse and "shit the shower."
Now, I'm not talking about your run of the mill plunger. You know, the "smart guy" with an edge, looking to make a quick buck, via driving a stock lower.
No.
I'm talking about the guy, like Doug "fuckbag" Kass, who wants the whole system to come crashing down. "Let it all come down, girls."
I know these people. At heart, truly, they are asshats, skeptical of everything from their electricity bill to the price of tea in China town.
Most of them are unable to view things objectively. Instead, they have static opinions on important topics ranging from "how to smoke crack" to "investing alongside armageddon," relying on what they consider to be sheer "intellect," when making financial decisions, rather than foolhardy optimism. Sort of like evil robots, or gremlins who have eaten past 12:00 am.
As you know, all these fuckers want is massive unemployment, followed by death and mayhem, in order to bank a little coin.
Now, don't get me wrong, "bullshitters" have their own vices, such as "wishcasting" for hurricanes or "playing the war," via defense stocks.
In short, my point is: Doug Kass is a dick and should be caught kayaking in the Gulf of Mexico, while a fucking Category 5 hurricane comes barreling in, slamming him into a few hundred offshore oil rigs-- effectively allowing "The Fly" to bank a little coin in UNG.
Now, I'm not talking about your run of the mill plunger. You know, the "smart guy" with an edge, looking to make a quick buck, via driving a stock lower.
No.
I'm talking about the guy, like Doug "fuckbag" Kass, who wants the whole system to come crashing down. "Let it all come down, girls."
I know these people. At heart, truly, they are asshats, skeptical of everything from their electricity bill to the price of tea in China town.
Most of them are unable to view things objectively. Instead, they have static opinions on important topics ranging from "how to smoke crack" to "investing alongside armageddon," relying on what they consider to be sheer "intellect," when making financial decisions, rather than foolhardy optimism. Sort of like evil robots, or gremlins who have eaten past 12:00 am.
As you know, all these fuckers want is massive unemployment, followed by death and mayhem, in order to bank a little coin.
Now, don't get me wrong, "bullshitters" have their own vices, such as "wishcasting" for hurricanes or "playing the war," via defense stocks.
In short, my point is: Doug Kass is a dick and should be caught kayaking in the Gulf of Mexico, while a fucking Category 5 hurricane comes barreling in, slamming him into a few hundred offshore oil rigs-- effectively allowing "The Fly" to bank a little coin in UNG.
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Pessimists who want the entire economy to die a tremendous death are probably the most stupid people in the world. First, they have been historically wrong for as long as society/people have been advancing/progressing. Secondly, seeing the end of our economy, and the end of the global economy will make any money they have (or made during shorting) virtually worthless. If the economy becomes destroyed, how are you going to be able to purchase anything? Hedging bets through shorting in week segments or in times of economic downturn are completely acceptable, but in the end globally, you will lose. It is human nature to advance, and betting against that advance is the dumbest move you can make.
Hey Fly,
I hope you're working on a pose for the picture you owe us. Doesn't look like MVIS is going to close above $6 before Labor Day.
I hope you're working on a pose for the picture you owe us. Doesn't look like MVIS is going to close above $6 before Labor Day.
check him out LOLOLOLLL
http://www.newyorksocialdiary.com/partypictures/2006/08_02_06/partypictures08_02_06.php
http://www.newyorksocialdiary.com/partypictures/2006/08_02_06/partypictures08_02_06.php
Hoo Hoo! And Tim used to biatch about Gary Cox gently chiding him about his bearish ways.
Get ready for a storm of resentful pouting-- the dude has Gladwrap for skin.
Get ready for a storm of resentful pouting-- the dude has Gladwrap for skin.
For flick's sake people, learn how to link.
$$ Machine -- that "link" -- or repasted address, really -- went nowhere.
$$ Machine -- that "link" -- or repasted address, really -- went nowhere.
The funds Kass runs are 100% short....Seabreeze Partners Short LP and Seabreeze Partners Short Offshore Fund, Ltd....no surprise that he uses RM and CNBC to drive the fear and increase his P&L. Props to Ba for calling the fuckstick out....he should be shat upon.
At least some of the fuckers on RM are starting to call him out....read Michael Brush's comments to Doug below. Not as eloquent as Ba....but both are spot on.
"There is no shortage of liquidity, just an abundance of fear. And I see the nabobs of negativism are out spreading it again today to benefit their P&L. You really have to wonder about people who will deliberately try to instill false fears in others just to benefit their P&L!"
"There is no shortage of liquidity, just an abundance of fear. And I see the nabobs of negativism are out spreading it again today to benefit their P&L. You really have to wonder about people who will deliberately try to instill false fears in others just to benefit their P&L!"
$$ Making--
Apologies, I had not expanded the window far enough to copy the whole string.
But FYI, the instructions for creating a link are reeeeeal simple... (hint hint)...
Apologies, I had not expanded the window far enough to copy the whole string.
But FYI, the instructions for creating a link are reeeeeal simple... (hint hint)...
Also $$Making...
That picture was already linked about three threads back. I thought you were talking about Kass, not Katcher's Mitt Face.
That picture was already linked about three threads back. I thought you were talking about Kass, not Katcher's Mitt Face.
you people are ridiculous ragging on the few bears out there for causing market problems .. thats absurd .. they are in such a minority .. but mindless cheerleading like the usual fare on CNBC is ok
you should thank them for presenting the possible problems out there .. I guess its more comforting to keep ones head in the sand whistling dixie past your own future graves ... fucking pussies
you should thank them for presenting the possible problems out there .. I guess its more comforting to keep ones head in the sand whistling dixie past your own future graves ... fucking pussies
It appears the recession is well on its way (Cough-hack).
--------------
Orders for U.S.-made durable goods jumped 5.9% in July on higher demand for airplanes, vehicles, computers, machinery, steel and most other kinds of long-lasting manufactured goods, the Commerce Department reported Friday.
*U.S. new-home inventories fall 4 months in a row.
*U.S. June new-home sales revised up to 846,000 vs. 834,000
*U.S. July new-home sales rise 2.8% to 870,000 annualized
* U.S. July new-home sales better than 820,000 expected
--------------
Orders for U.S.-made durable goods jumped 5.9% in July on higher demand for airplanes, vehicles, computers, machinery, steel and most other kinds of long-lasting manufactured goods, the Commerce Department reported Friday.
*U.S. new-home inventories fall 4 months in a row.
*U.S. June new-home sales revised up to 846,000 vs. 834,000
*U.S. July new-home sales rise 2.8% to 870,000 annualized
* U.S. July new-home sales better than 820,000 expected
broker - i agree with your comment ... thats one thing that always bugged me about permabears (besides their head up ass 'intellectual rigor')
The Germans have a great word for it - Schadenfreude ; pleasure taken from someone else's misfortune
but nevertheless, they serve a useful purpose .. a checks and balances thing .. without the bears, you'd have many more Enrons, Cendants who were bullshitters taking greater fools money from their mattresses
The Germans have a great word for it - Schadenfreude ; pleasure taken from someone else's misfortune
but nevertheless, they serve a useful purpose .. a checks and balances thing .. without the bears, you'd have many more Enrons, Cendants who were bullshitters taking greater fools money from their mattresses
I take issue w. that agreement, if only to discern between "bears" -- like Tim, who believe even the good companies are going to schit -- and "shorts" who target specific bad companies.
(Look at what Tim is shorting... Monsanto? Are you farking kidding me?)
I'd argue they're not the same, although there's some overlap.
(Look at what Tim is shorting... Monsanto? Are you farking kidding me?)
I'd argue they're not the same, although there's some overlap.
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