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Scootger

Scootger
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  • Research In Motion (RIMM) buys start-up tinyHippos, the creator of Ripple, a cross-platform mobile application development and testing tool. Terms of the deal weren't disclosed. RIM is undoubtedly trying to leverage its growth in the tablet market, but given some of the PlayBook's flaws, this seems like a tiny step indeed. (also)  [View news story]
    Rimm "please continue shorting our stock" This is not a direct quote, only my imagination of what management is truly thinking. They will have one more oppty to buy their shares back and make money before going out of business. They will be buying at much lower levels reducing sharecount to make numbers throughout 2011. Down goes Fraizer. These are the opportunities to make money in the market short. Take advantage of them when you can. This stock is a 15 dollar bill in 2012 after they sell a few playbooks and AAPL fully chokes them out.

    Do not fear rallies in this name, sell them. There is no buyer for this company, until its a seriously distressed situation.
    Mar 26, 2011. 07:33 PM | 1 Like Like |Link to Comment
  • Weary homeowner James Altucher declares that he is “never going to buy a home ever again!” Such sentiment leads Barry Ritholtz to believe that we are closer to the end of down cycle than the beginning, but he also fundamentally disagrees with it. There are many reasons to buy a home, he says, so long as it's not as an investment; Tim Iacono concurs.  [View news story]
    James wont, but the other 6.9Billion people in the world might take a crack at it since 99% of them dont know how to trade stocks.
    Mar 23, 2011. 09:43 PM | Likes Like |Link to Comment
  • Japan's nuclear crisis has amounted to a radiation increase equal to a prolonged dental x-ray, James Altucher says, and the media owes everyone an apology for overhyping it. Equally, the media should apologize for overhyping and then ignoring many recent events, including the Greek debt crisis, which is now worse than ever.  [View news story]
    James seems like a decent guy on tv with a great trading perspective. That said he should be the only one apologizing. On his stylist's behalf... teee hee
    Mar 21, 2011. 08:34 PM | 1 Like Like |Link to Comment
  • Starbucks (SBUX) raises prices for grocery packaged coffee by an average of 12%, the company's first price increase on grocery packaged coffee since March 2008. "Given the significant and sustained increase in the price of coffee in the commodities market, we determined we could no longer fully absorb the costs," the company says.  [View news story]
    still cheaper than coke. the bernake will never raise rates!
    Mar 18, 2011. 11:44 PM | Likes Like |Link to Comment
  • Friends say Lloyd Blankfein is ready to leave Goldman Sachs (GS), perhaps within a year, Fox's Charlie Gasparino reports. There's no board pressure for Blankfein to step down, but he's "tired of being the center of attraction and scorn." Gasparino says Goldman has "refused to deny" the story.  [View news story]
    he's leaving before rates rise and market crashes so he can unload all stock prior to mkt crash in 2012. easy math. he wins.
    Mar 17, 2011. 09:50 PM | 1 Like Like |Link to Comment
  • A 3rd explosion hits the Fukushima nuclear station, this time damaging the #2 reactor. While TEPCO is publicly circumspect about the damage, an industry insider relates, "they're basically in a full-scale panic ... they're in total disarray, they don't know what to do." Nikkei -6.9%. S&P futures -0.7%.  [View news story]
    japan gdp downgrades a cumin'-short EWJ, institutions trapped, this is sad, but easy
    Mar 14, 2011. 10:58 PM | 1 Like Like |Link to Comment
  • 7 Energy Stocks That Could Drop Significantly if Oil Rally Fades [View article]
    If oil doesnt pull back you can always short the most expensive stock in the world GMCR instead. I love to sell shares to zapped up caffeine addicts. LOL.
    Mar 10, 2011. 08:47 PM | 1 Like Like |Link to Comment
  • AIG (AIG) offers the NY Fed $15.7B for Maiden Lane II - a company the Fed created to rescue some of AIG's mortgage-backed bonds and stem its cash bleed. If accepted, the deal would reduce the taxpayer price-tag for AIG's rescue to $72B, and the Fed would log a $1.5B profit on Maiden Lane II.  [View news story]
    1.5BB divided by the # of taxpayers= the amount of rebate check sent in mail. Keep it simple.
    Mar 10, 2011. 08:38 PM | 6 Likes Like |Link to Comment
  • Today’s boost in bank stocks may have less to do with Bank of America's (BAC) rosy remarks than with what Wall Street thinks about the proposed mortgage settlement (.pdf) pushed by state attorneys general. The bank rally "could reflect the belief that it is a giveaway/bailout, and lets the banks get off scott-free from their criminality," Barry Ritholtz writes.  [View news story]
    wait, did anyone read this? the banks are trading up on news they are about to get pounded in the arse with more fines and forgiving loan values to consumers? they might not have anything left in their teir I capital couffers after these new guidlines for HAMP are put to practice. honestly I was bullish on banks until I read through the 27 page proposal/amendment to the program. Banks are hosed.

    The only reason to be bullish is that they are attempting to push the entire process along quicker. Would not buy banks for a few quarters though at least.
    Mar 8, 2011. 08:57 PM | 1 Like Like |Link to Comment
  • Jim Rogers Is Insanely Bullish About These Stocks [View article]
    Myself and 15 hedge fund managers invited him to dinner, he asked for 50k to magically appear, we told him to go F himself and invited one of his smarter peers instead, great guy, he came for free, we had a great night and everyone made money. LOSER. Dont forget to buy JDSU.
    Mar 7, 2011. 05:56 PM | 1 Like Like |Link to Comment
  • $140 Oil and How to Profit From It [View article]
    Totally agree, quickest way to profit tuesday is buying JDSU filling the gap up. Love oil at 100 enables quicker profits in technology.
    Mar 7, 2011. 04:42 PM | Likes Like |Link to Comment
  • Jim Rogers Is Insanely Bullish About These Stocks [View article]
    If Jim knew how to dress he would be buying JDSU on the open tomorrow, nice bowtie.
    Mar 7, 2011. 04:37 PM | Likes Like |Link to Comment
  • 4 Reasons the Stock Market Has Doubled [View article]
    Economy is fully liquified without disaster, velocity of money is about to Crank up. Bernanke sipping a mohito right now watching his masterpiece unfold. He said he would shave his beard when we reached SPX 1450 on Leno the other night.
    Mar 6, 2011. 11:31 AM | Likes Like |Link to Comment
  • 4 Reasons the Stock Market Has Doubled [View article]
    When you bring Facebook, Twitter, and 5-10 other social networking related companies to maket and slap a few of them into the SPX (facebook may be added from day one)you will get 100+ SPX earnings in 2012, have fun shorting then when we are trading at 12X SPX EBITDA. Again at Dow 11500-12000 already. Buy dips lightly and you will be rewarded.Also buy SODA, the fastest growing microcap in the world. Lachiem.
    Mar 4, 2011. 07:28 PM | Likes Like |Link to Comment
  • T. Boone Pickens' Extremely Bullish Energy Bets [View article]
    Agree Boone. I similarly agree with owning the fastest growing small cap play in the world- SODA. Co2 for 50MM customers.
    Mar 4, 2011. 07:19 PM | Likes Like |Link to Comment
COMMENTS STATS
228 Comments
266 Likes