iBankCoin

Trading with The Fly

Dr. Fly
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,428 Blog Posts

Fly Sell: FED

Dr. Fly Fri May 23, 2008 11:33am EST 5 Comments

I sold short 5,000 FED @ $16.75.

Disclaimer: If you sell short FED because of this post, Lehman Brothers will report another stellar quarter. And, you may lose money.

If you enjoy the content at iBankCoin, please follow us on Twitter

5 comments

  1. gappingandyapping
    gappingandyapping
    May 23, 2008 at 11:37 am

    Firstfed Finl Corp Com
    Entered:11:37:05 05/23/08 Reuse
    Order Canceled: We’re sorry, but this stock is not available to sell short.

    Motherfucker shit fucker.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. The Fly
    The Fly
    May 23, 2008 at 11:39 am

    I have plenty of stock available.

    Your problem: your bullshit clearing agent.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. gappingandyapping
    gappingandyapping
    May 23, 2008 at 11:43 am

    Fly agree, these fuckers are egregious. I need to slow down though, I just hit the short button for about 8 names.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. gappingandyapping
    gappingandyapping
    May 23, 2008 at 11:48 am

    USO going negative could improve other equities.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. lol
    lol
    May 23, 2008 at 4:40 pm

    buy deep ITM leap puts on it instead of shorting… that way you’ll get the fill and if something fucktarded happens, you can’t get a margin call.

    • 0
    • 0
    • 0 Deem this to be "Fake News"

© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy