Douche Bank – A Horse Man of the Apocalypse

You ever see Weekend at Bernie’s? A lot of parallels here in that the ECB has found DB involved in all kinds of financial fraud, but after arriving in Draghi’s Ctrl-P Party in Paradise, the ECB finds Doobie Banks lifeless body. To the ECB’s amazement, the guest are too engrossed in their partying to notice the bank is dead, with the dopey grin from a fatal injection of derivatives and sunglasses concealing its lifeless state. Wanting to enjoy Draphi’s luxurious Paradise while they can, the ECB continues to parade DB around the Halls of Europe, manipulating its limbs to make the bank appear to still be alive, and swishing away the inevitable flies…

So here is an Overly Optimistic Neo-Wave interpretation of Doom Bank’s chart, showing it trading down to $4. What the chart really says to me is the valuation is headed to negative $20… Buying this stock is like asking for a poke in the eye.