David Tice predicts 50% US stock drop

[HedgefundTrader2]

Quote from a529612:

Surprise?

March 9 (Bloomberg) -- David Tice, whose bet against U.S. stocks the past four years punished his Prudent Bear Fund, says the market is headed for a drop of as much as 50 percent.

``People ask me, `Doesn't it get lonely out there? Don't you feel like you're wrong?''' Tice said. ``It doesn't. I feel very, very comfortable going to sleep at night knowing we're going to be right.''

http://www.bloomberg.com/apps/news?pid=20601103&sid=aw8fu_i_jWek&refer=us

Rest of the people in the insane asylum where DAVID TICE lives also go to sleep very comfortably with those heavy duty tranquillizers and syringes poked in their butts.

 

[tradewiz]

from the photo this guy can't even afford a LCD screen monitor LOL

 

[a529612]

Quote from tradewiz:

from the photo this guy can't even afford a LCD screen monitor LOL

You mean Bloomberg can't afford LCD monitors? There are plenty of CRT monitors still in operation at every TV studio.

 

[makloda]

My God, this guy has has zero style. CRT monitor and shoes with rubber soles. And a Hitler mustache.

 

[ASusilovic]

Hum...his bear strategy went awry last couple of years...he´s working on his come-back...

 

[makloda]

His fund launched in 1996 at $9. Now trades at $6.5. Once again proves the old Wall Street adage: Pigs make money. Bulls make money. Bears get slaughtered.

 

[a529612]

Quote from makloda:

My God, this guy has has zero style. CRT monitor and shoes with rubber soles. And a Hitler mustache.

That's what a human bear looks like...

 

[dtan1e]

he's been predicting this since what 7 years ago?

 

[makloda]

Quote from dtan1e:
he's been predicting this since what 7 years ago?

Yep and always keeps saying how he can goto sleep so well knowing he's "right" LMAO