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Posted 3 months, 23 days ago.

Hey, Randall Lane, You Sick Twisted Son Of A Bitch, Remember Me?

Tags: Financial Media Circus, Haters, Press, Rants, idiots

Photo Of Randall Lane By Chester Higgins Jr./The New York Times

Note: Aside from the last paragraph this post is written following the journalistic style of Randall Lane—treating assumptions and circumstantial evidence as fact. It’s cruel, amateurish and immature—oh yes, I know—but that basically sums this guy up so in order to help him grow up, he must be given a taste of his own medicine.

To those who don’t care and just want stock picks—this is also a great lesson on how to pounce when your enemy is wounded, no different than the vultures who took out Bear or LTCM.

Last time Randall Lane, editor-in-chief of Traitor Monthly was in Page Six, he was attacking a small-time trader (me) because his magazine staff fumbled, disinviting me from their little party at the last minute after we’d been discussing my covering the event for MSN Money for days.

Clearly in the wrong, this balding bastard was forced to go on the offensive, charging my hedge fund’s losses were the result of my publicity hounding rather than bothering to research the matter like a responsible journalist might do (turning his nose up at the complimentary book I’d sent him weeks before that explained the situation in detail) and running his arrogant mouth off to the press, confident of favorable treatment due to his connected Forbes wife.

Now, just a few months later, the tables have turned as Lane himself was fired as publisher of the Player’s magazine by Lenny “Nails” Dykstra who called Randy boy out on what he’s becoming known for, trash talking when he doesn’t get his way: “If you want to fight, take me on. Don’t go behind my back and bad mouth me,” said Dykstra. “He thinks I’m going to buckle,” said Dykstra, referring to Doubledown President Randall Lane. “I don’t buckle - I go to war.”

This time—in what commentators have hailed as a landmark event for Page Six in terms of accuracy–not even Lane’s old lady could save him from Page Six judging him to be their #1 loser last week.

The fight concerns expensive parties, overspending and missed payments, which is nothing new to stupendously shallow Traitor Monthly—backed by several Traitor haters who came out to express themselves in full force in THIS article. Sorry Traitor, but you didn’t listen to me last October when I warned you about the dangers of your business model:

Now, as you say, my fund’s performance has been ‘laughably horrid’ and I am wiser for it. While unfortunate, these losses have made me an infinitely better person and I am forever changed. Instead of curling up in a shell as you apparently believe would be appropriate, I intend on showcasing my losses, so that others may learn from my mistakes and not be condemned to repeat them. To help people truly learn about all the risks and rewards associated with financial speculation, I will use my self-promotional skills to the fullest, cutting through the superficial and ultimately harmful lifestyle you so proudly promote.

Randall, as much as I used to want to be a part of your trader community, I’ve now experienced how you treat people when they are down—it’s disgusting. No, I’ve outgrown your juvenile ways. Unlike your frivolous magazine, my book celebrates trading not just for its ability to create great wealth, but also for its potential to teach great lessons—lessons you seemingly look down upon.

Apparently, you’ve forgotten that traders, especially those of us under the age of 30, are works in progress. And when you turn your back on a fellow trader, you turn your back on trading itself. And when you turn on trading, you no longer are worthy of running a magazine called ‘Trader Monthly.’ Perhaps you should change the title to a more fitting description, ‘Traitor Monthly.

Sorry to say, I was too emotional then as I somehow forgot to include this gem of a quote, “The ideal reader, according to editor-in-chief Randall Lane, “is 29 years old, making $400,000 a year, and spending all of it.” (Wow)

So Randy, I know times are tough for you right now—no doubt bringing back memories of when your first magazine, P.O.V., went out of business—but unlike you I’m willing to give second chances to those who make mistakes. After all, we’re only human. If you can show some remorse for your actions, I’ll consider taking you on at my publishing company, BullShip Press, LLC—as an unpaid intern of course—and under my guidance, I think we’ll be able to put you on a more righteous path—no promises, there’s a whole lotta work to be done, but if you’re willing to change, I’m willing to help you get better. Contact me anytime.

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130 Responses

Pages: « 1 [2] 3 » Show All

51Rambone

May 7th, 2008 at 2:03 pm

Thanks Jeff and Tim. Great explanation.
52timothysykes

May 7th, 2008 at 2:08 pm

right as VRML is tanking perfectly….shhhhh can’t say what i originally posted
53short shot

May 7th, 2008 at 2:09 pm

VSCI anyone starting to short?
54Davey(TIMBUCKS: $194)

May 7th, 2008 at 2:13 pm

LOL, you’re joking right…shhhhhh can’t talk about it
55be-the-ball(TIMBUCKS: $81)

May 7th, 2008 at 2:19 pm

Tim, give us a good play for tomorrow and I will set you up with my sister…[

img]http://bp1.blogger.com/_dFwaKOYqt-A/SBYSPpRfMiI/AAAAAAAACgs/k4zHljA5mfU/s1600-h/erica.jpg[/img]
56be-the-ball(TIMBUCKS: $81)

May 7th, 2008 at 2:19 pm
57timothysykes

May 7th, 2008 at 2:19 pm

VRML is a good play and this makes 3 days in a row of great ideal shorts
58be-the-ball(TIMBUCKS: $81)

May 7th, 2008 at 2:20 pm

stupid link doesn’t work, suffice it to say she is hot
59be-the-ball(TIMBUCKS: $81)

May 7th, 2008 at 2:21 pm

can’t short VRML, no shares, and anyway it doesn’t fit the DVD patterns, hasn’t even had a negative day
60Goose(TIMBUCKS: $34)

May 7th, 2008 at 2:22 pm

LOL b-ball. Man u a big time sellout.
61Bob the VC(TIMBUCKS: $235)

May 7th, 2008 at 2:22 pm

Tim- you have to do it!! I’ve never had a reason to watch that show (or 99% or the other crap out there), but that would be the funniest shit ever!!!
62Bob the VC(TIMBUCKS: $235)

May 7th, 2008 at 2:25 pm

Dude, if that’s really your sister, she’s a total f-in smokeshow!
63Dan_O(TIMBUCKS: $53)

May 7th, 2008 at 2:28 pm

Remember that quote from Full Metal Jacket?

“Hell I like you you can come over to my house and f%^k my sister” - Gunnery SGT. Hartmann
64Ben_Bien

May 7th, 2008 at 2:31 pm

BURN! BUUUURN!! What a burn.
65timothysykes

May 7th, 2008 at 2:32 pm

she’s def hot, VRML does fit a supernova pattern, yes, i’m early but volume’s already faded, wall of sellers there, just all sells at the ask

Bob, wasn’t supposed to mention it yet, so let’s keep on the down low…for now
66will_the_thrill(TIMBUCKS: $41)

May 7th, 2008 at 2:35 pm

anyone think ROIAK or NSTK good for a long?
67bdog9seclx(TIMBUCKS: $19)

May 7th, 2008 at 2:36 pm

Of course after i covered SUNV it dropps after flatting for 2 hours lol welcome to the darkside
68Dan_O(TIMBUCKS: $53)

May 7th, 2008 at 2:36 pm

Uh a 3,300 buy order @ 3.40?
69Bob the VC(TIMBUCKS: $235)

May 7th, 2008 at 2:36 pm

Yeah, yeah, I’m not an active blogger or anything, so it won’t spread by my mouth..

Man that would be great..

:)
70be-the-ball(TIMBUCKS: $81)

May 7th, 2008 at 2:38 pm

bob,

google erica penthouse pet of year

if she was my sister I would be in jail…
71Goose(TIMBUCKS: $34)

May 7th, 2008 at 2:40 pm

Tim - you should do it man. It’d be cool
72be-the-ball(TIMBUCKS: $81)

May 7th, 2008 at 2:46 pm

DO what?
73Goose(TIMBUCKS: $34)

May 7th, 2008 at 2:52 pm

QI dropping..Keep an eye out. Dont know if its good play to go in yet.
74timothysykes

May 7th, 2008 at 2:56 pm

awesome gawker just picked this story up:

http://gawker.com/388156/falle.....-talk-feud
75will_the_thrill(TIMBUCKS: $41)

May 7th, 2008 at 2:57 pm

Tim, how about NLS?
76YngvaiMalmsteve(TIMBUCKS: $586)

May 7th, 2008 at 3:02 pm

NLS is an earnings move
77YngvaiMalmsteve(TIMBUCKS: $586)

May 7th, 2008 at 3:06 pm

Short shot, the problem with VSCI is that the increase has been pretty gradual. VSCI also has earnings coming up so it may just be a run-up into earnings. Probably not a good short opportunity.
78will_the_thrill(TIMBUCKS: $41)

May 7th, 2008 at 3:06 pm

earnings were monday, looks like honeymoon’s over
79bullpicks6

May 7th, 2008 at 3:12 pm

BWEN? will this keep going, anyone know why this move is happening?
80YngvaiMalmsteve(TIMBUCKS: $586)

May 7th, 2008 at 3:15 pm

Will, not sure if you’re talking about VSCI, but earnings.com says VSCI’s earnings are scheduled for anywhere between May 19th - May 28th.

http://www.earnings.com/compan.....icker=VSCI
81sonid(TIMBUCKS: $49)

May 7th, 2008 at 3:16 pm

check out AIRN

could get interesting
82RGIlles(TIMBUCKS: $18)

May 7th, 2008 at 3:16 pm

Tim question when you look at these stocks on the day do you use other technical indicators like MACD and RSI on your minute charts?
83YngvaiMalmsteve(TIMBUCKS: $586)

May 7th, 2008 at 3:17 pm

AIRN is an earnings move
84bullpicks6

May 7th, 2008 at 3:27 pm

BWEN? i guess Cramer alluded to it on his show, but said since it was a BB he couldn’t say the company’s name
85timothysykes

May 7th, 2008 at 3:27 pm

no macd and rsi, the people who play these stocks are morons, so i must use only moron indicators, price and volume

new post is up guys, need your comments to get my college tour rolling!

http://www.timothysykes.com/20.....-20082009/
86RGIlles(TIMBUCKS: $18)

May 7th, 2008 at 3:30 pm

hahaha ok thanks
87JensGould(TIMBUCKS: $53)

May 7th, 2008 at 3:40 pm

I wanna see this ask order on LGDI get eaten up. If so, I’m out. Otherwise its on baby!
88JensGould(TIMBUCKS: $53)

May 7th, 2008 at 3:47 pm

Ahhh big sell orders finally coming on LGDI.
89sonid(TIMBUCKS: $49)

May 7th, 2008 at 4:04 pm

traveling tomorrow, what’s in store any good watch lists out there?
90Goose(TIMBUCKS: $34)

May 7th, 2008 at 4:21 pm

Sorry this is a newbie question about after hours trading. To what extend is the volume significant towards the next trading day?
91ivegotstylekid(TIMBUCKS: $183)

May 7th, 2008 at 4:58 pm

shit tim you owned that guy, anybody looking at AMD short around 7.4-5
92YngvaiMalmsteve(TIMBUCKS: $586)

May 7th, 2008 at 5:04 pm

AMD’s a real company with real news. The recent spike is due to talk about AMD being restructured, and their annual shareholder meeting is tomorrow. I wouldn’t short this one.
93ndfan19(TIMBUCKS: $10)

May 7th, 2008 at 6:23 pm

Tim do you not even consider a break of $2.40 on SIX?
94HItrader

May 7th, 2008 at 7:21 pm

Tim, karma is a bitch, now Randal ‘balding bastard’ Lameass gets a taste….atta boy, good for you Tim.

Loved the Gawker take too, perfect cut and pasting!
95DarkMatter(TIMBUCKS: $7)

May 7th, 2008 at 8:11 pm

Wow, sarcastic Tim is great but hostile Tim, priceless…I’m glad that chimp dick Randall got his…who fucks w/ Nails?
96ivegotstylekid(TIMBUCKS: $183)

May 7th, 2008 at 8:50 pm

ynvai, I see what you mean. I just happend to see it was up on some dumb news like that, didn’t know the shareholder meeting was tomorrow. Thanks
97HItrader

May 7th, 2008 at 9:26 pm

Okay, who is getting into VRML, PDO, ASIA, LGDI tomorrow??? I am prepared to rock it! I think we have a good day in store with some nice red prints on the close and plenty of selling orders place for the AM>….I guess that could exclude ASIA, but its kinda topped I guess, or looks like it.
Anyone else in PDO?

Any thoughts?
98timothysykes

May 7th, 2008 at 9:34 pm

HItrader, i like VRML–obviously–and maybe PDO and maybe LGDI (a litte less), but def not ASIA as its still a breakout. PDO and LGDI only a little cuz both are on bad exchanges for short selling and have already sucked in lots of short sellers even while consolidating only a bit…tough to short oil and a company where promoters can really come out with multiple waves of spam
99Sykes hater1

May 8th, 2008 at 7:30 am

Sykes, you are a tool. Will you just go away already?? You are prob the worst representative of the street, besides Cramer, thats out there. YOu give the rest of us a bad name. Just go back to whatever hole you crawled out of, take your mitzvah money and go open a 7-11 or whatever. You are a jerkoff
100timothysykes

May 8th, 2008 at 7:36 am

#98, wow, that was a very informative post, way to back up your opinion with ANY facts! i dont think u get it–right now “the street” is thought of as leverage loving corporate suits who unable to think for themselves, incapable of original ideas and too sleazy to trust turn most people away from this once great industry. they are the problem, i’m the solution