Carbon-Bagger Flannery Makes 25.37% One Day Profit

14 Jul

$180,000 per year for a 3 days per week gig, preaching the coming of Warmageddon.

Thank you, Mr and Mrs “You-Never-Had-A-Choice” Taxpayer.

25.37% profit in one day on your Geodynamics “hot rocks” shares, following the announcement of the carbon “X”.

Thank you, Mr Brown and Ms Gillard –

Geodynamics Ltd (GDY) | Source: ASX

Let’s not forget, nice fat 16.67% profit on the Thursday, and 19.64% profit on the Friday leading up to Carbon Sunday, as those “Independents” whose decisions to support you already knew, went out and publicly sank the Blundstone into Australia’s jaw.

Thank you, hand picked “Multi-Party” Climate Change Committee –

Date Last % Change High Low Vol *
11 Jul 2011 0.420 25.37% 0.450 0.390 4,002,233
08 Jul 2011 0.335 19.64% 0.335 0.285 2,111,435
07 Jul 2011 0.280 16.67% 0.280 0.240 665,967
06 Jul 2011 0.240 -7.69% 0.265 0.235 556,563
05 Jul 2011 0.260 -8.77% 0.285 0.255 441,931

Carbon-bagging.

Nice “work” if you can get it.

Government-guaranteed, to make out like a bandit.

Just like the banksters, now that their fix is in. Government-guaranteed profits, to kingdom come.

A final thought.

What’s the bet that Climate Commissioner Flannery can not only be aptly dubbed with the title “Carbon-bagger Flannery”, but also with Front-runner Flannery too?

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5 Responses to “Carbon-Bagger Flannery Makes 25.37% One Day Profit”

  1. Whacked July 14, 2011 at 9:57 am #

    Heard Warren Truss this am.

    Let us hope that the word is spread far and wide.

    I cannot for the life of me understand our so called free press not jumping all over this.

    As for Malcolm Turnbull … regretfully I will always see an image of this idiot, in tears in a park … history doth stain my visions and my attitude towards others. Slap me later!

  2. JMD July 14, 2011 at 10:08 am #

    Wow, to think I was going to buy some geothermal stocks in late ’08 but didn’t because they all seemed to rely on government grants.

    Inside I bought a pile of lousy gold miners.

    • Whacked July 14, 2011 at 11:20 am #

      JMD

      In a normal market I would agree with your actions.

      I have been watching the AU, HUI and various other indicators but feel that mining stocks underlying costs are being stretched at present. Plus the fact that all directors seem to be looking after their own and not the shareholders.

      On geo-thermals, it is all pie in the sky and they will never be a base producer. They will rely totally on Government support. Therefore the question is why invest at all?

      It is pure speculation and on that note I prefer the best position and that is available and protects capital … cash.

      The GFC has put paid to Banks and every miner in Oz worried about the mining tax and this carbon ‘tax’ … the situation does not look good.

      There is no value out there, regardless. We have a Government that does not understand what Sovereign Risk is, there is no stability in the current Government and that has only been made worse by idiot Greens controlling the Senate. Double dissolution anyone?

      The stupidity of it all is that even Africa is now looking at additional levies and taxes to siphon monies from the miners. Self interests and greed.

      Interesting times indeed.

      • JMD July 14, 2011 at 11:34 am #

        You do realise that cash IS sovereign risk? By holding/hoarding cash you are agreeing to roll over government & commercial bank debt on favourable terms.

  3. Whacked July 14, 2011 at 2:47 pm #

    yes

    good part is, that i get interest plus currently government guaranteed

    better than gambling on markets that fluctuate widely due to to sovereign risk

    must admit better than Euro, USD, Yen .. for the time being anyway

Comments are closed.