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Futures Plunge As Stock Trading Robot Monkeys Throw GM Feces

Tyler Durden's picture




 

The futures chart tells you all you need to know about the fecal spillover from GM. That, or some iPad with the market manipulation app fully enabled, blew a fuse.

update

 

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Wed, 08/18/2010 - 16:16 | 528937 traderjoe
traderjoe's picture

Fecal Spillover Bitchez!

Wed, 08/18/2010 - 19:57 | 529346 DavidC
DavidC's picture

Please, stop with the 'Bitchez' - it's getting boring.

DavidC

Wed, 08/18/2010 - 20:56 | 529414 The Rock
The Rock's picture

Boring Bitchez!

 

couldn't resist

Wed, 08/18/2010 - 16:17 | 528939 FOC 1183
FOC 1183's picture

GM feces = win.

Wed, 08/18/2010 - 16:18 | 528946 suldog
suldog's picture

GM = feces

Wed, 08/18/2010 - 16:20 | 528956 Cognitive Dissonance
Cognitive Dissonance's picture

Looks like someone flushed the toilet over at Goldman.

Wed, 08/18/2010 - 19:08 | 529271 SV
SV's picture

From all the junking going on, someone has a poo fetish being insulted by it's use with GM.

Wed, 08/18/2010 - 20:29 | 529380 Hephasteus
Hephasteus's picture

When they run out of intelliegent things to say it becomes....

Silent junk.....

Holy junk....

All is calm.....

All is bright....

Wed, 08/18/2010 - 16:21 | 528957 bob_dabolina
bob_dabolina's picture

Feces bitchez

Wed, 08/18/2010 - 16:21 | 528961 Headbanger
Headbanger's picture

GM = Gastrointestinal Movement

Wed, 08/18/2010 - 16:27 | 528982 Cleanclog
Cleanclog's picture

= Greek Money

= Get Mauled

= Gross Manipulations

= Great Myth

= Go Morons!

Wed, 08/18/2010 - 19:16 | 529288 Jerome Lester H...
Jerome Lester Horwitz's picture

Or Genetically Modified, Gross Misappropriation or for you musicians...G-Major.

Wed, 08/18/2010 - 20:24 | 529372 ATM
ATM's picture

or Gonad Mutilation, Gooey Masturbation or even Gelatinous Menstration!

Wed, 08/18/2010 - 20:46 | 529402 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

Menstration

first time i think (?) seen this splendid word included in a post.

Wed, 08/18/2010 - 20:56 | 529413 chistletoe
chistletoe's picture

First time I've ever seen that word, anywhere.

 

It does, however, slightly resemble some other words,

like "demonstration", "Men's station" maybe some others.

 

Remember when you are writing your dissertation,

if you type "prostate" when you mean "prostrate",

Microsoft is probably not going to advise you about the misnomer.

Thu, 08/19/2010 - 07:45 | 529447 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

i like the word prostate. use it in a sentence chistletoes.

F U microsoft†

damn it got it wrong. edit

Wed, 08/18/2010 - 23:19 | 529612 MonkeyMan
MonkeyMan's picture

Probably because it's not a word. Menstruation would be the more splendid spelling.

Wed, 08/18/2010 - 16:22 | 528963 BrianOFlanagan
BrianOFlanagan's picture

Headline of the year

Wed, 08/18/2010 - 16:22 | 528964 BrianOFlanagan
BrianOFlanagan's picture

Duplicate, damn iPad

Wed, 08/18/2010 - 16:27 | 528979 firstdivision
firstdivision's picture

Was it humping your iPhone or iPod?

Wed, 08/18/2010 - 20:48 | 529022 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

MacBook Pro.

goofy after 4pm EST.

itunes needs to be shot, stoned to death or burned in india on a big pile of

I pood. absolutely the most corrupt gang of mobsters on this planet.

Wed, 08/18/2010 - 16:23 | 528965 bugs_
bugs_'s picture

but is the preferred feces?

Wed, 08/18/2010 - 16:23 | 528966 whatsinaname
whatsinaname's picture

futures looking green to me...where are you looking at ?

or you referring to our collective "futures" being in the tank ?

I thought that started in 1982 alongwith the 401k/IRA programs to let the middle class participate in the stock markets.

Wed, 08/18/2010 - 16:44 | 529016 Cognitive Dissonance
Cognitive Dissonance's picture

I can't wait until Obama informs the world (after the Nov elections) that we no longer have a choice and that in the interest of National Security, all SS paycheck with-holdings will now be directly invested in SPY during the market trading day and in SPY futures precisely at 3 AM.

I'm looking forward to my (now obviously) larger SS checks in a few years. Come to Papa. :>)

Wed, 08/18/2010 - 17:02 | 529064 Abigail Adams
Abigail Adams's picture

Surely you, of all people, know that counting on social security is just insane. Wouldn't it be cool if the government actually made us a profit and then paid it to us through ss?

Wed, 08/18/2010 - 17:18 | 529093 Jeff Lebowski
Jeff Lebowski's picture

If what you say is true, then *gasp* Obama would be misrepresenting the state of social security....

Two phrases stick out in his comments earlier today:

1.  "as long as I'm president"

2.  "everybody gets what they deserve"

"It will not be privatized as long as I'm president," Obama said to applause, noting that the economic recession and Wall Street collapse would have devastated the savings of retirees under a privatized Social Security system.

He said Social Security needed adjustments, rather than a total overhaul.

"There are some fairly modest changes that can be made without any newfangled schemes that can keep it running for 75 years so everybody gets what they deserve," Obama said.

Wed, 08/18/2010 - 19:29 | 529302 Problem Is
Problem Is's picture

Don't forget: "I'm outraged!"

No Obummer.... I'm outraged at a Wall Street douche puppet in the White House...

My voting foot will be kicking your ass in November 2012...

Wed, 08/18/2010 - 20:21 | 529368 RichardENixon
RichardENixon's picture

Everbody will get what they deserve, no doubt about that.

Wed, 08/18/2010 - 18:35 | 529224 knukles
knukles's picture

This conversation is turning delusional.

Wed, 08/18/2010 - 17:04 | 529067 LeBalance
LeBalance's picture

Oh CD, so the SchutzStaffel has been checking you with the pinky and you are getting ready to bend over for the thumb, eh?

Wed, 08/18/2010 - 17:43 | 529092 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

i c

Wed, 08/18/2010 - 16:26 | 528978 firstdivision
firstdivision's picture

Wait, I see green on the last chart.  That means all is well and buy, buy, buy.  Leo, it is another dip.

Wed, 08/18/2010 - 19:30 | 529305 Problem Is
Problem Is's picture

Buy China Solar...

Wed, 08/18/2010 - 16:41 | 529010 The Franchise
The Franchise's picture

CNBC said it was a "Landmark" IPO.... so you know it's good. Wonder if it will turn into a "watershed" event.

Wed, 08/18/2010 - 19:01 | 529256 Cow
Wed, 08/18/2010 - 20:14 | 529361 Dolar in a vortex
Dolar in a vortex's picture

Likely a "woodshed" event for those who buy it.

Wed, 08/18/2010 - 16:42 | 529014 ZackAttack
ZackAttack's picture

Silly question: Are the proceeds from this IPO going to repay the government loans made to GM? If not, why not?

Wed, 08/18/2010 - 16:51 | 529032 walküre
walküre's picture

Depends who is selling their block of free trading shares first.

For all we know, Obama personally could be the largest single share holder and he's now pumping and dumping this POS.

Wed, 08/18/2010 - 18:13 | 529195 lizzy36
lizzy36's picture

For the government to recoup its investment, GM must achieve a stock-market value of $70B. That would be 10x GM's market cap before the company headed into bankruptcy court protection, and at least $30B more than the market value of Ford.

Wed, 08/18/2010 - 19:41 | 529324 Jerome Lester H...
Jerome Lester Horwitz's picture

Looks like GM has ALOT of cars to sell.

Wed, 08/18/2010 - 18:29 | 529212 Buzz Fuzzel
Buzz Fuzzel's picture

More importantly do the unions get the IPO at a discount and are the bond holders getting skrude again?

Wed, 08/18/2010 - 19:34 | 529308 Problem Is
Problem Is's picture

More importantly... what are the Wall Street fees siphoning off of the mileage of this IPO?

Wed, 08/18/2010 - 16:52 | 529031 Leo Kolivakis
Leo Kolivakis's picture

Options expiration week...crooks will control it tightly. Still, the momos are having fun, taking a run at ENER today:

 

Wed, 08/18/2010 - 16:57 | 529045 firstdivision
firstdivision's picture

Ridding the coattails of Analog Devices.

Wed, 08/18/2010 - 17:27 | 529115 Jeff Lebowski
Jeff Lebowski's picture

Leo.  There's no fault in being bullish.  No fault in supporting solar stocks.

Your charts, however, are misleading.  What looks to be a beautiful chart, is in fact, supported by 50min and 200min EMAs technicals.

Why not go back to the 9th of August and show a price of 5.63?  Or the day prior to your chart, with a closing price of 4.68?

That's a thin dime and a penny below your close today.

Take a look at the 1 year chart, and it's even worse.

http://www.google.com/finance?client=ob&q=NASDAQ:ENER

I find you intelligent even if I don't always agree with your analysis, but when you post charts like this, credibility is lost...

Wed, 08/18/2010 - 18:09 | 529188 Leo Kolivakis
Leo Kolivakis's picture

Come back to me in a year on solars. All I am saying is that some major activity goingon in that sector. Keep a close eye on it.

Wed, 08/18/2010 - 18:23 | 529206 Rogerwilco
Rogerwilco's picture

Major activity -- yeah, as in the whole sector is topping.

Wed, 08/18/2010 - 19:22 | 529295 Leo Kolivakis
Leo Kolivakis's picture

Want to bet on that?

Wed, 08/18/2010 - 20:41 | 529395 ZeroPower
ZeroPower's picture

You must manage a pretty shitty fund if all you invest in is sketchy solars

Wed, 08/18/2010 - 17:04 | 529051 Auric Goldfinger
Auric Goldfinger's picture

+2

Wed, 08/18/2010 - 17:04 | 529068 Leo Kolivakis
Leo Kolivakis's picture

Holy JinkoSolar!!!!

Wed, 08/18/2010 - 17:12 | 529081 n2dark
n2dark's picture

are you trading in these or just an astute post factum observer ?

Wed, 08/18/2010 - 18:15 | 529198 Reductio ad Absurdum
Reductio ad Absurdum's picture

What the fuck is wrong with you Kolivakis? Do you even know what JinkoSolar does? What edge does JinkoSolar have? How are they going to succeed where their competitors will fail? New technology? Brilliant management?? Sounds like the "dot com" era all over again -- people buying anything that sounds hot without caring how the company is going to pay for itself.

Wed, 08/18/2010 - 19:22 | 529246 Leo Kolivakis
Leo Kolivakis's picture

" Sounds like the "dot com" era all over again"

God, I hope so! BTW, I am only showing you what I am seeing. I have no positions in either JKS or ENER. They, and a few other solars are on my radar. JKS is overbought but will likely keep going higher. Profile below:

Jinko Solar Co., Ltd. operates as a solar energy company which manufactures and markets mono-crystalline and multi-crystalline silicon wafers. Its products are used for manufacturing photovoltaic solar cells and panels. The company was founded in 2006 and is based in Shangrao, China.

 

Wed, 08/18/2010 - 19:38 | 529319 Problem Is
Problem Is's picture

"What the fuck is wrong with you Kolivakis?"

Leo is Canadian...
Canadians believe in fair play...
Wall Street believes fair play means take your money and slap you like...
Bitchez...

Wed, 08/18/2010 - 17:28 | 529117 firstdivision
firstdivision's picture

Chinese solars are only up on the fact that the Chinese Gov't is now allowing open bidding for projects, instead of FSLR getting most of them.  It is a speculative bubble in the forming, and I hope for your clients you know when to cut and run.  These newly added Chinese solars with no track record stink. 

Wed, 08/18/2010 - 18:10 | 529193 Leo Kolivakis
Leo Kolivakis's picture

Wrong, wrong, wrong!!! You and other solar shorties keep spewing the same crap but have no idea of what you're talking about. Check out the latest earning reports from all Chinese solars. if you think it's only the Chinese gvt supporting them, you're out to lunch.

Wed, 08/18/2010 - 18:16 | 529199 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

s o l a r shorties

that's what i am going to start calling those shorties.

sun, son get it.

Wed, 08/18/2010 - 19:40 | 529322 Problem Is
Problem Is's picture

Wait Leo. I have to finish my BLS unemployment reports before I can get to your earnings reports from all the Chinese solars...

Wed, 08/18/2010 - 17:06 | 529073 firstdivision
firstdivision's picture

What is with the comeback in ES?

Wed, 08/18/2010 - 17:17 | 529095 n2dark
n2dark's picture

some enthusiastic seller(s) just took out the 1092 stops ... looks like a rehearsal for tomorrow

Wed, 08/18/2010 - 17:31 | 529125 firstdivision
firstdivision's picture

Still a ways to go before it recoups the losses over the past 6 months.

Wed, 08/18/2010 - 20:45 | 529399 ZeroPower
ZeroPower's picture

Bah, ive heard about Zenn all kinds in Canadian newspapers and mags... truth is its going nowhere. Shame cause i really believed in it a while back, but its just not doing much compared to a company like.... TSLA

Wed, 08/18/2010 - 17:40 | 529111 Battleaxe
Battleaxe's picture

Wed, 08/18/2010 - 17:49 | 529155 flacon
flacon's picture

Check out FinViz's S&P Futures:

http://finviz.com/futures_charts.ashx?t=ES&p=m5

 

Wed, 08/18/2010 - 18:54 | 529244 knukles
knukles's picture

Talking about GM's IPO and Monkey Feces, ya'll gave me a blindingly brilliant flashback of when I was a kid living in England.  On long bank holidays we'd ferry across to the continent and Germany was one of our favorite spots, particularly Koln where my dad had business.  We'd always go to the zoo to see the monkeys.

The same monkeys, every single time we were there, used to take turns pushing their cute little butt holes up against one of the bars, way up high in the cage, and squeeze out a big softie when there were loads of people watching.  Thing'd just slide down the bar much to the thrill, cheers and squeals of enjoyment of the Germans.  And me.  In fact, I think the monkeys did it on purpose.  (Now, hold that thought for a moment, for it becomes significant later on, for this is ZH and we do speak of important financial and economic momenta here.)

And the Germans used to gather there at the celebrated, mystical hour just to watch, in Rapture, the monkeys poop at them.  And we do know that the Germans did go on purpose, and liked watching monkeys shit at them, very much, for it was literally an organized ritualistic gathering.  (Lebensraum?)  (Second thought to hold on to, but just for a very short moment, for we'll get to the meaning of life in but a moment.)

Now you ask, what in the hell has this got to do with GM's IPO, which BTW, I'll bet you'd momentarily forgotten about.  Well, everything, for the IPO (the Monkey Poop) is essentially the government (the Monkeys) giving back to us (the Germans and me who liked to watch the Monkeys shit at us/get shit upon, figuratively) that which was originally ours (the Monkey food) to begin with.

Moral of the story;  Don't fail to enjoy watching the monkey squeeze a big one around the bars, for the GM IPO was done for your personal benefit. 
Our own little Lebensraum.

My Ass. 

 

Wed, 08/18/2010 - 19:11 | 529275 Rainman
Rainman's picture

Excellent story about our human fascination with shit.

Kind of lost me with the " cute little monkey butt holes " part. Sorta' made me queazy.

Wed, 08/18/2010 - 19:23 | 529298 Cognitive Dissonance
Cognitive Dissonance's picture

Kind of lost me with the " cute little monkey butt holes " part. Sorta' made me queazy.

They're considered a South African delicacy when covered in chocolate and dipped in monkey nuts...............drum roll please.

Wed, 08/18/2010 - 19:43 | 529330 Jerome Lester H...
Jerome Lester Horwitz's picture

Ba Dop Bop! Happy Anniversary CD!

Wed, 08/18/2010 - 22:36 | 529559 bigdumbnugly
bigdumbnugly's picture

yeah, that's not surprising knukles.  those germans lined up in the same way to issue their squeals of enjoyment and rapture on David Hasselhoff.

I guess the monkeys sufficed when he wasn't on stage that day.

Wed, 08/18/2010 - 19:19 | 529291 nmewn
nmewn's picture

IPO for Clunkers bitchez.

Wed, 08/18/2010 - 19:23 | 529297 Council of Econ...
Council of Economic Terrorists's picture

Who the fuck is going on a junking spree? Must be a UAW member. 

 

Do they realize that there will be less GM manufacturing jobs in the future as they plan to import up to 1/3 of their US volume, as told to me by an insider at one of their suppliers.

Wed, 08/18/2010 - 21:56 | 529507 Blano
Blano's picture

They've already outsourced most of their purchasers.  We get calls from India every week about this and that job.

Wed, 08/18/2010 - 19:57 | 529349 newstreet
newstreet's picture

Can't it just be some locals pounding it at the end of the day?

Or don't they do that anymore?

Wed, 08/18/2010 - 21:12 | 529439 BlackBeard
BlackBeard's picture

Long Ford, short GM.

Wed, 08/18/2010 - 21:35 | 529481 Ned Zeppelin
Ned Zeppelin's picture

Did everyone on this entire thread get gang-junked?

Wed, 08/18/2010 - 22:42 | 529573 Bolweevil
Bolweevil's picture

Junk not lest ye be junked. Or, my favorite, "Junking is for trolls and pussies."

GM peaked with the '67 Chevelle.

Where's Travis? Chime in you closet gearhead.

Thu, 08/19/2010 - 00:20 | 529676 sbenard
sbenard's picture

I watched this drop and traded it, not knowing what the cause was. Good trade! Thanks, GM!

Thu, 08/19/2010 - 03:59 | 529783 zhaowei
zhaowei's picture

do not know you have any excuse me, and remember thepandora beads last time you say to me, have you ever did not know me, i see you. i dread to see your eyes, pandora bracelets and let me know that our love there is still hope, because i hurt you, i shouldn't give up your hands. if there is the next, i would have to hurry up your hand, i will not let go of your hand. pandora for me to find the lost his life, and confident.

Thu, 08/19/2010 - 04:04 | 529793 zhaowei
zhaowei's picture

and always wants to own up to find a person dependable, however, the community who can rely on to anybody or to practical some. once the pandorawas a love, let me take three years the precious days ofour youth, i seem to it, and possessed no, can only say it was toopandora bracelets young, Not think too long, but i believe the love. three years, various kinds of contradictions and had a quarrel and validation of life with a pandora hearts's beautiful realities.

Thu, 08/19/2010 - 04:23 | 529806 mee-mee-mee
mee-mee-mee's picture

Tyler, when are you going to install a "great comment" button. Instead of always junking posts lets give some positive feedback to the great contributors.

checkout how www.redddit.com works.  Upvote / downvote buttons. Best comments go to the top of the thread.

Thu, 08/19/2010 - 06:26 | 529849 Incubus
Incubus's picture

there is no greatness, there's only your predilection for junk.

Thu, 08/19/2010 - 08:22 | 529906 Almost Solvent
Almost Solvent's picture

Would be nice if the "Junk" button simply removed that comment from your view in your account, but left it up so that others who did not yet see or junk it can still see it.

 

Nothing more annoying than a stream of comments on a post that is already junked into oblivion before one is able to see it for him or her self.

 

.02$

Sat, 10/02/2010 - 06:23 | 620562 Herry12
Herry12's picture

There are certainly a lot of details like that to take into consideration.I read and understand the entire article and I really enjoyed it to be honest.
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