Sykes’ Saturday Seven: March 15th, 2008 Edition
UPDATE: Company’s stock drops to $2, even bigger scars for those involved. Difficult, but scars are good.
You know how I always say a CEO will smile and tell you everything’s fine, even the day before they go bankrupt? Well, this week Bear Sterns liar / scum CEO proved my point on CNBC rather nicely, just 2 days before his ponzi scheme company needed a big ass bailout with their kindle stock dropping 47%.
Learn this frontward and backward:
NEVER TRUST ANYTHING A CEO SAYS
sʎɐs oǝɔ ɐ ƃuıɥʇʎuɐ ʇsnɹʇ ɹǝʌǝu
NEVER TRUST ANYTHING A CEO SAYS
sʎɐs oǝɔ ɐ ƃuıɥʇʎuɐ ʇsnɹʇ ɹǝʌǝu
NEVER TRUST ANYTHING A CEO SAYS
sʎɐs oǝɔ ɐ ƃuıɥʇʎuɐ ʇsnɹʇ ɹǝʌǝu
UPDATE: BSC buyout rumor: another 50% drop to $15 or bankruptcy (LOL)
Never pay for movies/DVDs again, check out all the cool FREE streaming movies available HERE. How is this not illegal?
Besides TheLion.com, another cool site filled with threads about microcrappers… awwwww yeahhhhh
The other day, I mentioned these trading education frauds, but I’m reposting the link HERE because you really MUST understand how much BS there is out there. Sooooooooo many people market the hell out of whatever it is they’re selling. Sometimes it’s hard not to believe them (my CYGT “investment”, cough, cough), but unless you’re given audits (by a reputable firm) that back everything up, don’t believe a word they say. Not in this business. Not in any business.
PS All my trades since 1999 are audited, I stand by my superior track record. Haters you got nothinnnnnnnnnn’
My buddy Chris Lahiji is holding his 1st annual microcrapper conference. I was supposed to speak there, but I opted instead to speak at some colleges, aka paying gigs. Tickets are limited, but if you’re not a poor college kid and you wanna go, hit me up and I’ll get you in free.
Don’t cry for Spitzer, the truth is he’s ridiculously loaded. He earns more in interest than his call girl is about to make thanks to his interest in her
8 things you def. didn’t know about Chinese food
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| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Sept 4 | COIN | $5.70 | $6.21 | $745 |
| Sept 3 | COIN | $6.49 | $6.30 | $305 |
| Sept 3 | COINW | $2.75 | $2.85 | $180 |
| Sept 2 | TAYD | $7.51 | $8.13 | $545 |
| Aug 18 | FOUR | $2.80 | $2.66 | $342 |
| Aug 14 | APII | $2.66 | $3.30 | $1261 |
| Aug 12 | APII | $3.25 | $3.40 | $285 |
| Aug 7 | NOBL | $5.02 | $5.49 | $680 |
Total: $26,508 (
114%)
1Dave
March 15th, 2008 at 4:58 pm
tim,
Do you think the FED will lower rates a whole point next week and send the market in rally mode?
Dave
http://tradingsplits.blogspot.com
2Michael
March 15th, 2008 at 5:18 pm
actually there are many more weird things about Chinese food.
1. Monkey’s brain. yup, in various parts Canton China, restaurants use saw to open up a LIVING monkey’s skull and pour hot boiling soup on the brain, cooking the brain and killing the monkey instantaneously . ( the whole process is done infront of the customer to arouse appetite -_-’ ) then you scoop up the brain and soup and eat it i’s tofu.
2. Bear’s Paw. This is actually edible for me. i don’t know what the process is but you can search it on yahoo.
want more?
3Tony Ellis
March 15th, 2008 at 5:52 pm
I’ve read and heard many times lately how what happened to TMA, Carlyle, BSC, etc… Isn’t based on investment reality but on a lack of confidence in them. Don’t Ponzi Schemes work well also as long as investors have confidence in them? Could our whole financial system be one giant kick ass ponzi scheme? God Bless Capitalism!
4timsykes
March 15th, 2008 at 6:11 pm
Who cares about the Fed, I’m not an investors, I’m a PennyStocker. Good or bad economy/stock market, I play microcrap hype plays whenever they come about. Let the financial system burn itself down for all I care, I hope there’s no more plays EVER–then I could finally take some time off. Doubt that’ll happen though so I’ll just keep stalking….
5JJ
March 15th, 2008 at 6:56 pm
i know you’re not a huge fan of it but you’re making my point for me about people needing to read Arthur Levitt’s book, “Take on the Street”. it’s POS CEO’s like this that hurt the average investor. there’s no honesty left in business. i hate to say it but the accounting firms are part of the problem. they are paid for non-auditing work that far exceeds the millions they are already being paid for their “independent” audits. a slight confict of interest wouldn’t you say? they’re not about to say the work they did for a company wasn’t accurate. certainly wouldn’t want to lose out on all the millions they’ll be paid next year should they give a negative report. they’re all corrupt and as you say CAN’T be trusted!
6timsykes
March 15th, 2008 at 7:04 pm
no need to read a whole book about not trust CEOs, just don’t do it. focus on learnings about stuff u can actually trust/profit from–chart pattttttttterrrrrrnnnnnsssssss
7Reality Bites
March 16th, 2008 at 1:37 pm
sykes–NEWS ALERT– Crane crash in NYC kills and destroys lives–
Time for sykes to exploit the situation by pretending to have a facebook conversation w the crane co.
Tim e for Sykes to show once again how stupid he is ie thinking that a FAKE facebook profile is actually real all for the purpose of getting web hits. No wonder you are and will always be a LOSER!