Month: April 2011
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It’s Not You, It’s Money McBags
— Dear Readers, —– We all knew this day would eventually come, and unfortunately Money McBags is not talking about the end of Ben Bernanke’s “Reign of Error” or the Lindsay Lohan sex tape. What Money McBags is talking about is his going back to work (well at least the kind of work that requires…
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Site Update: Searching for the Fountain of Truth
Money McBags is going to be off for most of this week as at the last minute he decided to fly West for a spring break, and unlike the only other almost vacation he has taken in the nearly year and a half of writing the award winning When Genius Prevailed, he has sworn that…
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Small Company Update: KITD, I Ok with ioko Deal
Money McBags promised to get to his breakdown of KITD’s transformational acquisition of ioko the other day, and he apologizes for the delay, but he got busy with some other shit (that other shit mainly being the recently released NSFW Kate Bosworth nude pics), so you’ll have to forgive him for not getting to it…
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4/14/11 Midnight Report: As Always, New Claims For Unemployment Claim the Economy Still Sucks
The market rallied a bit in the afternoon as rising new claims for unemployment missed analyst guesses by somewhere near a fuckton (give or take an asshair or ten), Portugal and Greece saw bond yields rocket up more than applications to LaSalle’s MBA program and even more than Kate Upton on the awesomeness scale, and…
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Very Brief Update: Zonked Out
Dear Readers, Money McBags had a minor and planned medical procedure today (nowhere near as useful as this) that unfortunately caused him to be knocked the fuck out and while he thought he could quickly shake off the cobwebs and get out a column on KITD, he wound up spending from 2pm to ~8pm drooling…
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4/12/11 Midnight Report: Macro News Blows, But Will it Swallow the Market’s Momentum?
The market traded down today as earnings season began not with a bang, or a whimper, but with a Kirstie Alley-esque thud as AA missed revenue guesses (and the 6% drop in the stock likely caused some AA investors to fall off the wagon), Japan’s market fell again as the severity of the nuclear disaster…
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4/11/11 Midnight Report: Will Margin Pressure Make Earnings Season A Bigger Bust Than Christina Hendricks’?
The market was down today as there was little news to keep the momo of the ponzeconomy™ going as investors await earnings reports (which promise to be spanktastic, as long as investors don’t care about silly little things like margins, profits, and expectations more reduced than those of Sbarro’s owners, Alan Greenspan’s parents, or Russell…
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Site Update: Just a Quickie
Money McBags apologizes for not being able to get to a weekend report over the past couple of days but he was not only busy serving as a special mediator for the budget crisis (and unfortunately they didn’t take his solution of all going to fuck themselves), but he was also completely mesmerized by this…
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4/7/10 Midnight Report: Budget? We Don’t Need No Stinking Budget
The market stumbled a bit today on news of a potential government shutdown (and politicians quibbling over a $40B budget difference is like someone quibbling over Brooklyn Decker‘s SAT scores because in the big picture, it is more irrelevant than Donald Trump), a new earthquake hitting Japan (luckily no damage was done but the Pacific…
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Small Company Update: QCOR to MS, “Tell Me How My Acthar Tastes”
Tuesday after the market closed, QCOR pre-announced a Q1 that shit all over analyst numbers as if every analyst were from Off Wall Street (though as Money McBags types this, perhaps Mr. Roberts is furiously penning his mea culpa to run in tomorrow’s Barron’s where he apologizes for being more wrong than Donald Rumsfeld and…