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The Squid Resumes "Shank and Crank" Operations, Meanwhile World Breathlessly Awaits Apple
Now that the Prop Desk traders at GS are on edge, they are starting to bully their clients again with time tested "Shank and Crank" operations to shake everyone out of various stocks. No doubt, attempting to get the money train going again before they are litigated out of business.
Note the big clothesline drops and subsequent reversals, most commonly found among various financials and oil service names.
Why play the Hi-Fi "50 cent" trading range game when you can blow your largest clients out of long positions and then initiate a scalded dog run with some upgrades?
And it looks like they did the opposite with United Health today, gapped it up on earnings and then slammed it the rest of the day:
All in a days work for the criminals.
But the real news after the bell will come from the fabled Apple. Where the fate of modern civilization rests in whether or not they "beat by a penny" or not, and how the stock reacts afterwards.
With about a 16% weighting in the NDX, a big drop in this stock could unleash a convulsion of epic proportions....
LOL....

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Very interesting and informative.
Is it OK to say I liked the photo better than the graphs?
The "shank and crank." Good one. Robo providing, at last, the yang to the "pop and drop" yin. Quite artsy, also.
wanna short AAPL? baby, i'm only gonna break break your break break your heart. whooaaa.
http://www.youtube.com/watch?v=y_SI2EDM6Lo
I think it would be a drop and pop. Down then up
I'd fancy a taste of her apple
We all read RT for the "articles"
It will be interesting to see these guys try to make as much money as possible before litigation starts flying. One last hurrah to grab one last bonus. Look out everyone else.
They mispelled iPad and it is a bit out of place, those geeks.
Technically, the Goldman boys did nothing illegal. From a purely business-is-business viewpoint they did the right thing. But without a doubt one tentacle informed the other tentacle and they used that information and proximity to other key information to deceive clients and advance their bottom line.
Or should I say Goldman played dumb with their non-favored clients and greatly enriched their pet clients.
Live and learn. That's what you get when you do business with the Pro-Zionists.
So, the regulations don't require full disclosure? I thought they did. Perhaps there are some gray areas. But creating trash, hawking it as non-trash, and then betting against it knowing its trash is, if not illegal, then unethical. If this is allowed by the regulations, then they need change to bring ethics to the table in the "financial" business.
Apparently, a level playing field is only found in sports.
The mother of all pump & dumps awaits.
[AAPL]
Apple sees Q3 rev of $13 bln-$13.4 bln
4:33[AAPL]
Apple sold 8.75 mln iPhones in Q2, up 131%
4:34[AAPL]
Apple sold 10.89 mln iPods in Q2, down 1%
4:32[AAPL]
Apple shares halted ahead of quarterly report
4:32[AAPL]
Apple Q2 revenue $13.5 bln vs $9.08 bln
First sell-side analyst to up their target on AAPL to $600 wins!
Shipping companies are starting to perk up as the global recovery gains steam and volcanic ash from Iceland covers Northern Europe:
Chinese solar companies Renesola and LDK Solar surged on big volume:
and business software provider Ariba (ARBA) is breaking out:
Hmm, is Ariba the ticket to Aruba? GULP!
HOG.
.....agree. I hate chix with hairy chests.
...it's a Greek thing, you wouldn't understand...lol!
Litigation and break ups. This is the TBTF top!
This is the perfect opportunity for GS to go mostly private again, foisting all of the shitty assets onto the balance sheet of the remaining public (pubic) entity. This has the benefit of getting the public eye out of the bankster bonus business and trumps any attempt from the goobermint to break them up.
GS becomes the bad bank and goes down. Maybe JPM too. There's no other way to take out all the phony assets. The firm can come back under a new name - but Obama will never be able to sell "we've got to bail out these hedge funds" to the American taxpayer.
shank, crank, and duck the spank
AAPL up 5.5% after hours, but CREE down 5.7%, YHOO down more than 3%, JNPR down 6.8%. Not alot of excitement outside of Apple.
gotta watch AIG. above 42 for a while and... it's to the moon.
http://www.youtube.com/watch?v=xfJXgKTqpdE
hey, is that my vibrator app on my iphone on her ummm?
successful huge mass civil disobedience smoke in @ 4:20 mountain standard time.
20,000 strong, peaceful moment, no open containers, no litter, no arrests. could of been historical. UC didn't turn on the sprinklers like they were threatening to do. it was beautiful.
just saying.
I thought your vibe app didn't work?
Also, I have heard it called many things, ummm IS one of them.
And, I have to add; it is a dagger. ;)
kiss kiss
kinda quiet lately.
i really didn't get dirty jokes awhile back, but i think i am getting them.
Like a corkscrew to my heart
do you have a pusher man for me?
Like a corkscrew to my heart
do you have a pusher man for me?"
Is this a song?
I heard you have a blog. And I heard it is worthwhile....
ok here i go again. late, get to cyber flirt. quiet.
trolling. i thought it was lurking.
hamptons, nantucket, telluride, sasakwa?
do you hate people like me?
doing a lot of back ground work. ZH your people have changed my life. i print out comments, articles fuck whatever you brilliant people put down in words. this blog should be the required reading of every graduating H.S. student. fuck man you have gained my respect. got to be fuckorgaism of the ultimate. and let me tell you i know. bloody good†
ps i am going to be put out by instant karma, he is a commenter, i think he is quiet, but is advising us. plan B
lennon we are at the end of our time zone†
well hell where do you think that place is?
quiet until tomorrow
Valhalla.
it is crazy good†
access denied to whom?
speak up big guy
ok so fuck you
traveling?
i am just about at week 31 with most of you, that i prefer to read.
ignore me.
if you saw me on the street, you couldn't.
oh sure just judge me.
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vibe app didn't work. so now i have rigged my hand mixer† dagger
Valhalla i don't know myself very well, metaphorically
i googled, see some opportunity.
To think I gave up hallucinogenics to trade the stop market...the ironies of life are just tooooooo sobering.
Can I eat that Apple and iPod?
No but you can eat the yahoo story about how everyone bought Ipads and then suddenly got buyers remorse and returned them right after the quarterly sales report was crafted.
That is if you like eating shit.