When Romney aide Eric Fehrnstrom said something about Etch A Sketches on CNN yesterday, America’s children all immediately ran to the toy store to pick up their copies, because nothing moves consumer retail spending in the children’s toy market quite like a Mitt Romney aide making an unfortunate metaphor on morning cable television. And stock traders, whose job is just to make reactive whimsical trades after every mealy-mouthed central bank and cable news idiot statement within ten minutes, were quick to get in on the action: Ohio Arts, the company that makes Etch A Sketches in China, saw its stock price more than triple. Everyone’s rich again, forever!
National Journal writes:
Romney’s primary opponents and critics jumped on the comments. Former House Speaker Newt Gingrich and former Sen. Rick Santorum, R-Pa., each made appearances with Etch A Sketch toys. Santorum spokesperson Alice Stewart was out handing the toys outside of an event. The DNC also pounced.
Ohio Art, OART:OTC US on the stock exchange, started yesterday at $4.00 per share and finished the day at $12.50 per share.
From there it’s a clear shot to $150.25, by next week! Let’s check on the latest price, just to ensure it’s sticking to this exponential trajectory:
OHIO ART CO (OART.PK)
9.65
SELL IT NOW.
{ 116 comments }
Be right back, gotta buy me some stock in douche bags.
That's a good long term investment.
Just remember to sell in November.
If assholes could be traded on the market the recession would be over.
You can find them on the Brown Market.
October 15, I'm going short on douchebags. Just a tip
I think they replaced pork bellies on the Chicago Board of Commodities.
Ohio Arts: Another American Company proudly making its products in China.
Thanks in no small part to malwart and toys-r-us, demanding price concessions if they intend to
stay in businesshave their products placed on our shelves.Toys"R"Us is owned by Bain Capital, and we all know who owns the other one.
dang. knew i should've invested in Missing White Girls, Inc
Is that Nancy Grace's production company?
Incorporated in Aruba?
Santorumatically speaking, let's see what Astroglide is trading at.
Crap, the company that makes it is privately held: http://www.astroglide.com/about-us.html
There goes my IRA investment strategy…
See, if you were a Bain Capital client…
So, just how do you "hold" Astroglide? It's so slippery.
Once again Romney shows is awesome business acumen.
Laugh all you want, Bain is probably unloading their massive holdings of Ohio Arts stock at the inflated price, even as we type.
Is it time to short Romney yet?
Wait'll they find out CNN makes predictions based on a Magic 8-Ball!
Are Abortion stocks on the rise? They are talking about that alot too.
The Abortionplex is looking to refinance after Arizona insisted on movies before abortion.
volume is only 80,000 shares.. that is a thinly traded stock.
quote right now is ask 9.50 vs bid 4.26 so no one is buying…
That's not a market. That's a couple privileged white dudes pissed off at each other in a poorly run boiler room.
it trades on the pink sheets…
If Government Sachs says "BUY!" I'm selling.
I'm waiting to hear what Jim Cramer says.
Are those made in Dayton, China?
It's spelled "Dai Tong"
Next week Fehrnstrom will make an unfortunate remark relating Romney with a gigantic purple silicone dildo. Hilarity will ensue.
Gotta call my broker and tell him to snatch up some Doc Johnson stock…
Wow! [spit!] I read that as "Hillary will sue," and now I have a very disturbing mental image involving purple dildos, lawyers, and pantsuits. Not fuckin' cool, man [spit]
I had to wait for hours in line outside my local Etch A Sketch store to purchase mine.
Bad move. You should have just waited till the Etch-A-Sketch 4S came out this summer.
No way, man, iEtchOS will fix the problem!
My iEtchOS was fixed with a couple shots of penicillin.
The new Etch A Sketch screen is so fab, it has an eye-popping 18 pixels. The old one from 6 months ago had only 12 pixels.
It's the Gorilla Glass®.
Sounds like a corporate store. I only have access to an affiliate, and the wait was even longer.
Wish my pee would've trippled too…
We have but one p to give. I gave.
You need to drink more beer. A lot more.
I e-mailed their PR person yesterday and told her enjoy the ride, but to hang on tight because tigers are dangerous to ride. She sent back something like "Can you believe it?"
Every time Santorum appears on TV, stock in sheet detergent spikes.
Jesus, these childish assholes. What' s with the props? Supporters too stupid to understand the English? Just yesterday some twatwaffle in Wisco brought a pig to push his "no pork" bullshit. When the press caught up to him the damn thing was squealing and thrashing.. He had to run down an alley with the damn thing wriggling and screeching. (TMS)? And remember the fucking flip flops? Dumb, humorless assholes.
You're right. Who do these guys think they are, Carrot Top?
TRMS, stupid. Hi Rach!
Shit. I doubled down on Rockem-Sockem Robots. I'm screwed.
I took a bath on hula-hoops and that ball with the handle on it that kids bounce around on.
Catholic priests????
Shoulda bought Rockem-Sockem-Mittbots.
God DAMMIT!
Slinkeys can only go down.
Damn, if only I could get one of those bozos to mention my book, which has been described as "delightfully goofy," "Elmore Leonard on laughing gas" and "consistently funny, profane and gratuitously outrageous."
I'm such a whore…
I'll bite – what's the title of your book and is it available on Amazon?
I guess it's all right to do so. If not, nice knowing you all.
It's called Don't Be Cruel and yes, is on Amazon with an astonishingly low ranking.
I saw your book on Amazon – there are two reviews and both are stellar! I'll have to buy your book. You should be very proud of yourself; I'm proud of you!! Congratulations!!!
I've been helping my brother with his hilarious autobiography titled "Camping on Crutches." We're almost ready to publish on AMZN.
Thanks. It's made me a hundredaire. Suck it, Mitt.
It was only a matter of time before product placements made their way into political advertising
Newt Gingrich would like to take a moment out of his campaign to tell you "Lean Six Sigma!" That is all.
I hope this wasn't intentional product placement. I would never want my peace of mind in the integrity of our political system shattered, especially while I was enjoying this refreshing Snapple beverage.
Say, I bet that would go great with my roast beef sandwich, made with real Boar's Head beef!
Boars Head, who uses only the finest ingredients available, just as
we'vethey've done continuously for over a century.WeThey are proud to say thatourtheir meats and cheeses contain no fillers, gluten, artificial colors, flavors or trans fat.WeThey wouldn't put anything inourtheir products that you wouldn't put on your own table.That's Boar's Head.
When it comes to a boar's head, you start at the nose and work your way through. That's the only way to eat!
This is kind of like when Teddy Roosevelt invented the teddy bear, except Teddy was one of the good Republicans and Mitt Rmoney is, even after 65 years on earth, still a puny, disposable tabula rasa, whom everyone pays attention to out of irony or apathy or both.
Can someone please compare a candidate to Lite Brite? Mommy needs a new pair of shoes.
Uuhhhhh, who?
Cuz I'd compare Obama, but he's not Lite. He is Brite, tho
BTW, I hear hooking is a good way to save on shoes.
Congrats you've gotten some more P-ness again.
I'm planning to get a lot more in a couple of weeks.
Congratulations on both of your p-ness boosts!
Oh jeez…y'know, I was living my sex life out vicariously through you two, but no golden showers, mmmmmmmmmk?
Actor. P-ness. Pe-ness. Pe-nis. Penis.
Simple really, and such a small thing.
Aw, :)
christianmingle.com?
Mitt, now would be a good time to state that Newt closely resembles PlayDoh, Ron Paul needs to impale himself on a Sit 'n Spin, and darling Creamcup is a spokesperson for Anti Monkey Butt. Kids' retailers everywhere will thank you.
Sit n Spin was the shit!
And the whole freaking GOP is a barrel of monkeys. What fun!
My grandma with dementia asked for a kindle for Christmas, so I bought her an etch-a-sketch and called it a kindle. She's been reading the shit out of that thing.
World's. Greatest. Grandson. Srsly.
It looks like santorum can't find angry birds on his iPad.
I hope someone compares Gingrich to Star Wars figures soon. I've got some student loans to pay off.
It's not like he hasnt been called Jabba the Hutt for years now.
Of course, if you'd like, we could just call him Jar Jar Binks.
And here I thought Romney's campaign was only good for the makers of flip-flops and Skynet.
Dog crates, also.
Which company manufactures the Magic Underwear, Fruit of the Tomb?
Henghs?
Baynes?
Willard Gekko sure knows how to fuck with Wall Street.
There goes Mittens creating jobs again…in China.
O-hio sounds more like Japanese.
In deference to their change of manufacturing location in 2001, the company was going to change their name to "Shenzhen Arts" but it just didn't focus group well.
I recommend an options play that matures around the GOP convention: Long Sept 1 OART calls struck at 12.50 financed by selling Sept. 1 KY Corp puts struck at 6.66. The trade is referred to on teh Street as a "Froth Spread":
How long before they bring back the Transvaginal Ultrasound Etch-A-Sketch?
helps some dudes with the masterbatin'
In contrast, Skittles prices are. . .ahh, nevermind. I got no humor in me these days.
I understand.
Starbursted?
Insider trading!
OMFG – My husband just watched Rachel Maddow's show and told me that Bain Capital (Willard's company) owns Etch-A-Sketch! Damn, the irony is getting really thick.
Bain Capital, along with Carlyle and Thomas Partners own Dunkin Donuts. Haven't had any of those sinkers for years. Got drummed off the force though.
Blue Star loves Ohio Arts
Cut that sumbitch open and glitter-bomb someone with aluminum powder!
Wait til Mittens says nice things about buggy whips.
Crap, shoulda seen that coming. Now getting ready to buy stock in the next stupid thing Mitt says.
I'd hate to think of what kind of toys are associated with Santorum.
Our first Fleshlight™ president. Batteries not included.
This is the rational market at work people.
Romney will fix the economy by having someone go out and say the name of a different company every day.
I dunno, trading on Etch-A-Sketch might not be such a good idea – shouldn't your broker keep a record?…
Also -if Mitt wins the nomination, will his new general election theme song be: "I'm All Shook Up"….?
Crap I bought 10000 shares on margin before finishing your story!
I'm just glad we've all accepted The Market as the only legitimate arbiter of all values. Because The Market is so fucking rational, you see.
Someone should say Hula-Hoop or Thigh Master.
Okay, Mitt, we're on to Silly Putty now.
What do you bet somebody at Bain is shorting Ohio Art?
I am frankly amazed that there is still a manufacturer; I haven't even SEEN one of those in forty years-you've got to be shitting me, Wonkette.
It's like an iPod, but with just one app…
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