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Stocks sMoMoked

Tyler Durden's picture




 

It would appear the momo algorithms have been set to full reverse warp speed. A combination of broker margin hikes and a high-beta to a falling market is claiming a few more "cult" stocks victims this mornings - and the volumes are huge...

 

 

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Wed, 10/09/2013 - 09:55 | 4037652 mjorden
mjorden's picture

completely random and off subject, random thought/question, whatever happened to the Drone report from the (London?) official?

Wed, 10/09/2013 - 10:21 | 4037745 camaro68ss
camaro68ss's picture

all the bernake needs to do is kick up QE to 170 billion a month. All should be fine right?

Wed, 10/09/2013 - 12:20 | 4038160 flacon
flacon's picture

Don't forget that $1000 stock, PCLN. 

EDIT: oh wait a minute, its not a $1000 stock any more. .....

Wed, 10/09/2013 - 09:54 | 4037658 TheInformedShepard
TheInformedShepard's picture

So sell your precious metals!

Wed, 10/09/2013 - 10:15 | 4037720 superflex
superflex's picture

To me!

Wed, 10/09/2013 - 12:16 | 4038150 mt paul
mt paul's picture

will buy 

for a dollar more

than superflex..

Wed, 10/09/2013 - 09:55 | 4037661 TheInformedShepard
TheInformedShepard's picture

investors psychology in the PM's has been brutillated.

Wed, 10/09/2013 - 10:02 | 4037683 Winston Churchill
Winston Churchill's picture

Margin calls maybe ?

Wed, 10/09/2013 - 10:09 | 4037697 DeadFred
DeadFred's picture

Don't you love the smell of fried momo in the morning?

Wed, 10/09/2013 - 10:32 | 4037767 Al Huxley
Al Huxley's picture

Sucker trader psychology in the rigged Comex futures and options markets has been 'brutillated'.

Wed, 10/09/2013 - 09:57 | 4037669 HUGE_Gamma
HUGE_Gamma's picture

FB is actually a good stock.. LNKD is shit

Wed, 10/09/2013 - 10:11 | 4037707 Charles Nelson ...
Charles Nelson Reilly's picture

yeah, good luck with that.

Wed, 10/09/2013 - 10:15 | 4037713 Dr. Engali
Dr. Engali's picture

The only good thing about Facebook is that they are manipulating it higher for the twitter IPO. A stock with a 200 multiple is not a good stock.

Wed, 10/09/2013 - 12:15 | 4038135 StacksOnStacks
StacksOnStacks's picture

But... but... CNBC said it was!

Wed, 10/09/2013 - 10:00 | 4037672 ThisIsBob
ThisIsBob's picture

Nobody is buying, the alogos are reduced to stealing from eachother.

Wed, 10/09/2013 - 10:23 | 4037754 prains
prains's picture

you have an extra 'o' you could lend them

Wed, 10/09/2013 - 11:18 | 4037893 Crash Overide
Crash Overide's picture

I wonder how many municipalities workers realize their retirement is based on the bubbled up FB, Apple, and other assorted candy stocks.

We haven't had a "torches and pitchforks" joke in a while.

Wed, 10/09/2013 - 10:03 | 4037674 gjp
gjp's picture

These cult stocks should die and take the momo-chasing money manager monkeys with them.  But I'm not holding my breath.  They represent the business model of the U.S. (relentless Fed-fueled speculation in narcissistic consumer and social 'businesses') and as such, will be defended at all costs, since if they go, the whole house of cards goes with them.

Wed, 10/09/2013 - 10:07 | 4037690 ebworthen
ebworthen's picture

I was going to say something, but you said it for me.  Thanks.

Wed, 10/09/2013 - 23:58 | 4040377 StychoKiller
StychoKiller's picture

Found somethin' you can get behind... :>D

Wed, 10/09/2013 - 10:05 | 4037687 OldE_Ant
OldE_Ant's picture

Are we selling the dip yet?  Still arn't 5% down off nosebleed highs.  So far non-event.

Where is the bitch dog Old Yellen;

Wed, 10/09/2013 - 10:18 | 4037729 ebworthen
ebworthen's picture

Ugh - just saw a video clip of her speaking - the press conferences are going to be hell.

I'll miss Ben's quavering voice and desperate reaches for the glass of water.

SSDD for the FED though; print and lie.

Wed, 10/09/2013 - 10:13 | 4037708 SheepDog-One
SheepDog-One's picture

FaceFucked!

Wed, 10/09/2013 - 10:14 | 4037709 hangemhigh77
hangemhigh77's picture

Have no fear Berstoooopid will fire up some reserve printing presses and put them all in overdrive.  It's all about printing. It has nothing to do with anything else, just PRINT MONEY!!

Wed, 10/09/2013 - 10:19 | 4037736 SheepDog-One
SheepDog-One's picture

You mean Ol' Yellen?

Wed, 10/09/2013 - 10:13 | 4037715 hangemhigh77
hangemhigh77's picture

Soon the govt will mandate we all buy iPhones 

Wed, 10/09/2013 - 10:34 | 4037768 daemon
daemon's picture

Yes ...,  huge selling volume !

It's a real pleasure to see such enthusiasm for economic activities .

 

Wed, 10/09/2013 - 10:35 | 4037786 q99x2
q99x2's picture

Who cares central banks own most of that junk anyhow.

Wed, 10/09/2013 - 10:40 | 4037802 Randoom Thought
Randoom Thought's picture

The "planned" takedown will continue until they have adjusted price lower (they needed to faux crisis to hide the crime), then the market will rebound when the crisis is averted. Have we seen this before.

343 outbound connections on my firewall ... that's a record for any web site that I have been to. Wow ... my hard drive is chugging like a freight engine ... is OK, no secrets on this comp.

Wed, 10/09/2013 - 11:20 | 4037897 Crash Overide
Crash Overide's picture

Just remember, do the opposite of what they say.

Wed, 10/09/2013 - 11:24 | 4037908 Randoom Thought
Randoom Thought's picture

Through a planned lowering of stock prices, they are trying to give the impression that the banks and the Fed, in particular are not in charge ... but it is all smoke and mirrors. The so called shutdown has been planned and orchestrated from day 1.

It is interesting that it is reported by the mainstream corrupted media that Obama's approval rating has dropped to 37%, but people are blaming the GOP. And, while the US population is dumber than most of the rest of the world, it is also true that more and more people are seeing the false daialectic for what it is. People are growing up, regardless if how hard the controllers want to retard the people.

My gut says that Obomber's actual approval level is less than 15% and people blame him for being a fraud through this whole drama.

Wed, 10/09/2013 - 11:34 | 4037961 smlbizman
smlbizman's picture

0

Vote down!

-41

approve

disapprove

 

tally em up

ok with 39 down and no ups, based on the new coors koriculum, he has a positive rating of 94.56 %..thanks for ur vote...

my pole from 10-2 here on the hedge has it slightly less than 15%...the final 41 disaproved....0 aproved

Wed, 10/09/2013 - 11:26 | 4037920 greatbeard
greatbeard's picture

What happened to TSLA?  It was on fire.

Wed, 10/09/2013 - 11:35 | 4037968 1eyedman
1eyedman's picture

now closing in -5%, finally a bit of fear, which really is what is needed to 'confirm' a dip......will momo outperform on any bouce/agreement/ etc?  will a 2% gainback on spx be enough to get cramer to say 'you'd better get in now!!!'....is this enough of a "decline"  to make congressaliens  agree to fund laws they passed?

all these questions and more will be answered on the next episode of "DOH!"

Wed, 10/09/2013 - 12:17 | 4038154 mt paul
mt paul's picture

smoke salmon

not stocks..

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