sell! sell! sell!

[snoop]

Fssif fission energy posted about two months ago bought out today by dnn denison. Another good company. Setting the stage for dnn to be bought out by ultimate uranium consolidator rio tinto.

Stock is close to a double, plus fssif shareholders get to keep thier latest 11/12 discovery patterson lake spun out in a newco along with 18 mm cash. If it wasnt for this the stock would have tripled. I prefer this arrangement better, this new discovery will be significant in time, three drills start turning any day now@)

Nice.

 

[tiznow]

Damnit ... Took a close look at that jdog ... Was on the fence ... and then forgot about ... Nice hiT

 

[mickj]

Anyone still like SVM?

 

[snoop]

cracked 1475, the bulls are unstoppable.
just cleaned out all of my 52-wk high plays.
added HPQ, SHLD, PAL & TEVA.

 

[tiznow]

Think we in Bubble building mode an they'll crawl this thing back up to 2000 and 2007 highs ... Keep holding anything the fed can't print gold/oil etc.... The bubble forming worse than the last two ... First was tech ... Next was housing , private sector financial .... Those had a backstop when shit fell apart the gov and fed ... The current one unfolding involves the fed/government for which there is no backstop once it bursts ....

I have no clue the timing or the catalyst but its not gonna end pretty

 

[tiznow]

Anyone still like SVM?

Never trust a commie

 

[tiznow]

And maybe I'm wrong and they'll manage to meander us through slow ass growth for the next 20 years or something .... as they will inevitably have to pull back on their massive deficit spending coupled with printing fun which the economy currently is dependent on for "growth"

Anyway keep your eye on the yellow barbaric relic .... It always sniffs out problems .... If it starts taking off to new highs u will know another crises won't be too far away (gold tends to rise prior to financial crises and fall during them... It didn't prior to tech bubble bursting because tht wasn't a financial related problem but rather just an over exuberance problem ... Banks government finances were perfectly fine at that time)

Although when the end game currency crises hits (my guess) gold wont fall with everything then but rather go parabolic and be reaching the end to its long term bull

 

[SmallDaddy]

Next stop Dow 15K!

 

[tiznow]

Also they gotta suck joe 6 pack back in before the next rug pull

Joe will never learn ha

If we do make it back up there Brent will be back up in the mid 100s and summer gas in the 4s ... 111 and climbing

 

[tiznow]

All time intraday high in 2000 was 1553

Also the vix currently at 5+ year lows ... 13 and change ... Hasn't been that low since pre 2007

 

[tiznow]

My bad hit 1561 in oct 2007

 

[CHOPTALK]

Next stop Dow 15K!

Yep

 

[PatsFan1283]

And maybe I'm wrong and they'll manage to meander us through slow ass growth for the next 20 years or something .... as they will inevitably have to pull back on their massive deficit spending coupled with printing fun which the economy currently is dependent on for "growth"

Anyway keep your eye on the yellow barbaric relic .... It always sniffs out problems .... If it starts taking off to new highs u will know another crises won't be too far away (gold tends to rise prior to financial crises and fall during them... It didn't prior to tech bubble bursting because tht wasn't a financial related problem but rather just an over exuberance problem ... Banks government finances were perfectly fine at that time)

Although when the end game currency crises hits (my guess) gold wont fall with everything then but rather go parabolic and be reaching the end to its long term bull

Hey Tiz, I have a financial question that is on the personal side regarding a family members pension and what option to take. While I have some opinions of my own on this and have done extensive research on the matter, I can't think of too many people to solicit an opinion from better than yourself.

I'm going to PM you about, so keep your eyes peeled!

I suppose if anyone else feels they have insight into a government employee pension (state of MA) I can PM them the scenario as well.

 

[mickj]

Funny you mention that, I almost posted about svm yesterday. Victims of a massive short and distort campaign. SVM bears some responsibility too as they over-reported reserves, now there are 2 fresh lawsuits over that. Bottom line, I still like em, bought some more this week @ $4.79. Great management, great assets, just a lot of headwinds right now. One of the best pure silver plays around. Extremely undervalued.

 

[snoop]

Think we in Bubble building mode an they'll crawl this thing back up to 2000 and 2007 highs ... Keep holding anything the fed can't print gold/oil etc.... The bubble forming worse than the last two ... First was tech ... Next was housing , private sector financial .... Those had a backstop when shit fell apart the gov and fed ... The current one unfolding involves the fed/government for which there is no backstop once it bursts ....

I have no clue the timing or the catalyst but its not gonna end pretty

Europe is a usual suspect. When Spain sov-debt hit 100% of GDP (about 94% right now), all negative headlines will return.

The Germans want their GOLD back. They don't trust NY Fed or something?

 

[tiznow]

Man vix smaked more 12.46 ... Complacency grows thick ... That's not to say it can't stay at these levels for years an year like it did from 2003-2007 during the housing/bank leverage bubble inflating madness but I wouldn't bet on it ...

 

[snoop]

Ben The Printer is firmly behind the wheel, he probably drives the VIX down to 10. It's hard for the bankers/dealers to not pump stocks with the amount of FREE cash they're getting every month. $85 billions/month is a lot of HOT AIR. If the Japs go ALL IN for opened-ended QEternity next week, the currency war is ON officially.

 

[snoop]

NFLX pops 35%, AAPL drops 10% in late trading.

 

[SmallDaddy]

tomorrow should be interesting.

AAPL must bring about a few margin calls

 

[CHOPTALK]

NFLX pops 35%, AAPL drops 10% in late trading.

NFLX has made a lot of people rich or poor depending on there timing.
I guess they had a big SS today.