Thursday, September 06, 2007

 

Closing Comments

Fuck you, I had another great day, up .85%. In case you didn't know, publicly traded companies are permitted to buy back their shares, up until 3:45 pm. As a result, often, fierce rallies occur in the final hour of trading, partly due to timely buy backs.

My best guess, iiG bought back a slug of stock, late in the day, effectively ripping the livers out of the shorts. See, this is one of the reasons why it makes sense to stay long stocks with robust buy backs. Remember, these fuckers are committing to buying back 30% of the shares outstanding.

In short, the stock goes higher.

In addition to modest gains in MVIS, LNN and VMI, "The Fly" banked coin in FMCN, HANS, RS, NTRI and GILD.

As you know, the Gov't will be releasing more economic data tomorrow. My sense, the data will be benign and the market will climb.

Off to grill some monster pork chops, served over mashed cannellini beans (no shells) with a concentrated apple juice reduction, of course.

Comments:
sounds good, Fly. The Horses are having Chilean sea bass tonight, pan seared, served with a tomato saffron sauce, roasted rosemary potatoes, spinach abd garlic sautee and a big fucking magnum of pinot blanc.
 
I love almost extinct fish.
 
iiG will go up or down tomorrow, you can bank on it.
 
me too. If they're gonna die, I want to eat them before it's too late.
 
This comment has been removed by the author.
 
Nothing beats a big juicy buffalo ribeye, medium rare, with garlic mashed potatoes, half a head of lettuce (wedged, mind you)smothered in Ranch dressing, and washed down with five Coronas (extra lime).

Chilean sea bass is for skinny gay guys who like their "Zin" lightly chilled.
 
FLY:

Arthur Schopenhauer, a German philosopher from long ago, stated, �All truth passes through three stages:
First, it is ridiculed.
Second, it is violently opposed.
Third, it is accepted as being self-evident.�

You are now on second stage, violently opposing SWC no matter what. You were on the first stage when I came pitch SWC and it was at the low $8, ridiculed me. Now as SWC goes up, you are violently opposing it, even though you do not have vested interest in seeing SWC down! You will soon get on the third stage, accept the palladium bull cycle as self-evident, and wonder why you have not bought it earlier!!!

Why do you wish palladium go to hell? The hell does not need palladium for vehicle catalyst converter, nor does it need fuel cell powered cell phones.
 
Horse-I don't want to ruin your dinner but the Chilean Bass is not really a Bass and is actually a garbage fish that I believe has the real name of Patagoninan Toothfish and in fact many times doesn't even come from Chile. Its a hose dreamed up by the commercial fishermen to sell garbage fish to USA consumers at a high price. Its really cheap in South America.
I know they have done this with other fish,too. Sorry.
 
Why do you wish palladium go to hell?

Just because you're a total tool?
 
JJ,

Great comment, I sincerely like your sense of humor.

For those of you who missed it on my blog, JJ claimed that by loading up in SWC at these levels that he's pretty much like a young Warren Buffett.

JJ, if you do one day become the next Warren Buffett, can you maybe give me a palladium dinosaur or something? Actually, maybe you can send Fly a palladium bull, because that one he has doesn't work.

-DT
 
Horse--
You should consider a substitute for your sea bass in light of TC's revelation.

Maybe you might like to try some fresh Rocky Mountain oysters instead. I hear you can order them with or without the sac along with your mandatory five Coronas.

JJ--
Why are you pumping on SWC so hard? Relax. It'll eventually get to $50 in 2027 and then you will breakeven.
 
"half a head of lettuce (wedged, mind you)smothered in Ranch dressing"
----------------------------------------------------------------------

wtf??? Everyone knows wedged lettuce should only be topped with a chunky REAL blue-cheese dressing.

For me tonight, a big bowl of hot Oxtail Soup (trying to shed a few pounds).
 
"I love almost extinct fish."

Fly, you're starting to sound gay. Extinct fish in my book also means really really old pussy. I'm starting to wonder about you. Getting too soft for my taste.
 
caddy,

thanks for the heads up, dude. My girlfriend has been brainwashed by that yuppy fish cult bullshit and she's been twisting my arm every night to eat CBass. Well, thankfully I circumvented her plans and snagged a couple of ribeyes for tonight. And fuck the pinot blanc; I'm cracking open a Barolo.
 
KD--

Go fuck a steam pipe.

If you said any of that shit to me, face to face, I'd have one of my cold callers punch your fucking eyebrows off.

"The Fly" would eat a fucking dinosaur, if he could.

Fuck almost extinct fish.
 
Ha Ha. He's alive.
 
Chilean Sea Bass? Tomato saffron sauce, garlic sautee and a magnum of pinot? What the hell?

Do you lease a 3 series BMW?

Wear a bright pink stripped shirt?

Iron your socks?

I'm looking forward to Armour brand potted meat spread on premium saltine crackers with a boiled egg. Washing them down with a 16 oz ice cold Budweiser.
 
That's because you're from Texas, land of the steers and queers.

I'm sure you will have some BBQ ribs this weekend, with a side order of coleslaw.
 
Don't forget the corn. Nothing canned, just on the cobb.
 
No canned corn in Texas. You either eat it off the cobb, or they have little Mexicans scrape it off into little bowls for you so you get that "fresh-out-of-the-can" look.
 
...but, if you go across the Border, your "full meal deal" comes with all of the above, plus a table dance by a little brown mattress thrasher.
 
Fly, check out ABAT.
 
You need honey on those chops, cuban style.
 
I grew up in Miami and practiced law downtown for a short time. I miss the Cuban food. My Cuban/Atty friend and I would grab a morning break of guava pastry and Cuban coffee-instant heart attack. I used to like going to 8th St.-Calle Ocho and get the authentic stuff.
 
When I read this headline I was like What the Fuck, white supremacist are into M&A? May be they are taking over NAACP to diversify their income.

http://biz.yahoo.com/ft/070906/fto090620072041532069.html?.v=1
 
lori, obviously you're aware that ABAT is a stock for lesbians. Fuck chinese batteries--the technology is not all that life-changing and has been around for years. PLI batteries for phones blah b;ah that's the line, I forget what the sinker is--all of china's buses will uses these batteries to power tourists to-and-fro? Yup that's it, and there;s no way.

That's like saying all of america will be on segways.

I called their HR--a closet in New York armed with the phone answering Vietnamese woman with no knowledge of anything. I requested and was sent an "IR Packet" and it was a statement of BS on like 20 lb paper or something laughable. What else..oh yeah...NO FINANCIAL statements. Sure they have em, but wtf kind of IR package doesn't inlcude...nevermind.

Look the piece could trade higher, but I can GUARANTEE you something in a world of no guarantees--if the company is THAT great, they will sooner rather than later be listed on the AMEX, NASDAQ, or NYSE, and when they do it won't be too late to buy them then.

As the great Pete Lynch said (paraphrasing):

"I kicked myself for having not invested in walmart throughout the late 70s; I finally bought shares, after they had appreciated 20 fold. But the story was the same, and the same principles the drove the first 20x returns were still in play, so I bought some for Magellan. Since then, 10 years later, they've appreciated another 30x."

His point was, if this new battery technology sweeping the lands is true, you'll get your chance. Until then, it's chrinese brurrshlit.
 
Danny, ABAT.ob is a position of mine. My cost basis is sub $3 and was posted on my old blog. I will bank coin on this issue regardless of what anyone thinks of the company, which is funny. Gold is following this same logic.
 
as I said...money will still be made, but my point still stands true... nothing but chricken fraverd robster at this point.
 
What happened to your blog sierra?
 
Fly,

""The Fly" would eat a fucking dinosaur, if he could."

That's just fucking disturbing.

Anyway, you must have liked that movie The Freshman. Excellent flick. I couldn't find a trailer to link here... but if I recall correctly it was about eating endangered animals.

-DT
 
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