MoMo Massacre – Part I?
- Posted by kid dynamite
- on October 26th, 2011
This post was inspired by a recent post by Josh Brown
Just in time for Halloween, we have the Momentum Stock Massacre, which is following the classic horror movie script where the characters get killed off one by one. In the movies: it’s chainsaws, bear traps, metal scalpel hands, and machetes. In the market version: it’s margin calls, negative guidance, disappearing CEOs, and margin compression.
First you have the egotistical dude who is strutting around, but everyone knows he’s gonna be the first to go. That’s $OPEN:
Oh the horror. A slow painful death, typical of the work of Jigsaw:
I think that Jigsaw is also holding $RIMM hostage, slowly torturing him. RIMM went out to get firewood several months ago and never returned to the campfire:
Then there was the hot chick – for a minute you thought she might survive, but then you remember – the hot chick always dies. That’s $GMCR.
Interestingly, this one was taken down by a different kind of killer:
Einhorn!
For a minute you thought that the Senator’s son – $FSLR (see what I did there? Green energy initiatives!), and the ugly chick – $NFLX might survive: but they both got brutally dispatched:
and
Finally, the Best Friend got ambushed yesterday, while innocently visiting Camp Crystal Lake: $AMZN
Stay tuned for the sequel – MoMo Massacre II – when we find out if the three remaining buddies: $APPL, $CMG, and $PCLN can avoid the fate of those who have come before them and survive 2011 unharmed…
Unfortunately, you know how the script for sequels goes. The thus-far-unharmed had better be looking over their shoulders.
-KD
disclosure: no position in $OPEN, $RIMM $GMCR, $FSLR $AMZN,$NFLX, $AAPL, $CMG or $PCLN
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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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