iBankCoin
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
23,419 Blog Posts

“The Fly” Finishes Q2 an Egregious Winner

I haven’t calculated the exact magnitude of my wins; but I can tell you, with the utmost sincerity of a snitch in a torture device, “The Fly” is better than you.

I had massive wins this quarter, from short [[LEH]] to short [[MER]] to short [[CSE]]; I won.

I had unparalleled gains in my “Reverse Four Five Horsemen,” which includes [[FED]], [[DSL]], [[CORS]], [[FHN]] and [[PACW]].

To make your matters worse, I even had winners on the long side, in [[FTK]] and [[RIG]], just to name a few.

My thesis has been very consistent: long energy/short everything else. In addition, I warned you of a 2nd half collapse in equities, providing the economy did not pick up its sluggish pace.

Unlike all of the asshats on bubblevision, “The Fly” is destined for greatness. He has many plans in his “bag o’ plans.” And, he intends to “get his share” of the billions being made on the internets.

In the coming weeks and months, the Godly folks from iBC will be unveiling a variety of unearthly tools, for the average and so called “seasoned investor.”

Moreover, iBC will be greatly expanded to the point where it might make Cramer sweat.

Finally, I’d like to thank the stock Gods for blessing me with a “calculator brain” and “bionic arm,” which is often used to pepper my trader/servant with large objects.

Top pick: short [[TCB]]

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51 comments

  1. douchebag

    congratulations.

    what ever happened with MVIS?

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  2. The Fly

    MVIS is on the back burner.

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  3. buylo

    Congratulations Fly: you can now buy any one of the dresses you mentiolned in your last post. Matter of fact, why not buy all of ’em.

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  4. you’re the man

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  5. Cajun

    Agreed, Fly is king!

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  6. calvino

    douchebag, did they retract your peerage? Sir no more?

    an aside.. congratulations fucker, good trading.

    second aside.. calvino decides to maintain his short positions for the morrow. mgm is headed to doowwwn.

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  7. Joey Bag O' Plans
    Joey Bag O' Plans

    I just wanted to create this name before the other Joey.

    Sorry.

    Carry on.

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  8. Dinosaur Trader

    The market just shit all over itself in the last 15 minutes of trade.

    LEH below $20… where does it end?

    -DT

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  9. Jakegint

    Sir Douchebag only had that title on loan from “Lord & Lady Douchebag” of Garret Morris fame.

    Unfortunatley the title was foreclosed upon when that Northern Rock savings & loan went under in the UK.

    Update: Now short UB and CYN.

    ___

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  10. CubsRock

    SKF hit $157, $3 to go 😛

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  11. Crude Broker

    Funny, the market couldn’t even muster a shitty “Monday rally” whatever the fuck that means.

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  12. Jakegint

    Dino, use proper English, please.

    To wit:

    The Market shat itself in the last 15 minutes of trade.

    To answer your question: LEH has broken $20, so if you are a regular reader, you should know the rule by now — it goes to $5 or lower.
    _

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  13. Congrats

    Congratulations, “The Fly”. Have you ever thought of changing your name to something with a little more edge, like “The Hornet”, or “The Killer Bee” or “The Green Scorpion”? I mean, fly’s are kinda weak as far as insects go. Just sayin’.

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  14. Larry

    Let me know if you need an awesome programmer to help you take over the internets.

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  15. The Fly

    Congrats:

    Go fuck yourself.

    Disrespectfully,

    Senor Tropicana

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  16. Dinosaur Trader

    Jakey,

    I’ll have you know that in my left hand (I’m typing with my right hand only) I hold the dictionary I was awarded in 12th grade for “Outstanding Performance in English.”

    Meanwhile, with my feet, I am peddling a bicycle, which powers my computer.

    -DT

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  17. Q4

    Comfortable

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  18. Zenprofit

    Cramer got started throwing water bottles at his slaves.

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  19. Congrats

    You don’t want to know what’s in my left hand right now.

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  20. Zenprofit

    Observed on the Ben Franklin Bridge into Philly this morning:

    NJ License: 50 Fly

    Is that where the Fly Cave is?

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  21. The Spider

    I eat my body weight in flies each day. I wrap them in silk, fill their bodies with digestive fluid via a puncture wound (a rather unpleasant way to die), and then I suck their pre-digested juices out, at my leisure. Sometimes, immediately after mating. The “arachnid Atkins diet”, if you will.

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  22. ottnott

    DECK up – a play on thermostat settings?

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  23. Aris

    flymerica

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  24. Jakegint

    Q4-

    When did Webster start rapping?

    _

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  25. buckeye bob

    SAN FRANCISCO (MarketWatch) – Wachovia Corp. said on Monday that it won’t offer mortgages with negative amortization features anymore, one of the main types of home loans offered by Golden West, the mortgage giant the bank acquired for $24 billion roughly two years ago.

    Keep shortin them bankers – they’re just getting around to this now???? incredible – where is Mr. Mortgage when you need him

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  26. Mushroomz

    Will iBC 2.0 feature “The Fly” posting from the future?

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  27. Juice

    Congrats to Fly and everyone who made money & had a good 1st half 2008. And thanks to those who lost and contributed to the winners take.

    This should be a most interesting 2nd half.

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  28. Webster's Dictionary
    Webster's Dictionary

    e·gre·gious

    1. extraordinary in some bad way; glaring; flagrant: an egregious mistake; an egregious liar.
    2. Archaic. Eminent.

    Source: Dictionary.com

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  29. alphadawgg

    Webster—I took the Fly to mean “egregious” in a “kick-ass” sort of way.

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  30. Timothy Sykes

    haha maybe when u do compute your gains, u’ll be close to me…as it is, i congratulate u for a solid second place finish. should u choose to try for number #1, meet me at Covestor and we’ll battle

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  31. Asshat

    I’m up 67%. Eat my ass(hat) losers.

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  32. The Fly

    Tim:

    Fuck off.

    I’d rather pay you 5 bucks to shine my shoes.

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  33. Mushroomz

    Timothy Sykes is my new hero. As for the Fly, he is egregious in that he kicks old men down stairs and loots their 401ks.

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  34. Jakegint

    Fly of Camelot takes on the Black Sykes:

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  35. Leonard The Monkey

    Congrats Fly – you have kicked some ass this year! RC too!

    RIG over $200 soon.

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  36. T. Mothy Sykes

    Unless you’re under the age of 14, “u” is not a fucking word.

    Actual quote from L’il Timmy’s book, An American Asshat:

    CHAPTER 4: omg then I totally bot a penny stock lol, u know wut I did then, I sold it five minutes later, zomg made two hundo like it was nothing, arby’s on me 2nite, lol $$$$$

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  37. Jakegint

    Mace Windu, pre-editing:

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  38. Hybrid

    FLY

    Congrats on a great fisrt half. You deserve it all ($$$$) and then some.

    Thanks for providing great commentary too.

    FLY IS GOD

    Fuck everyone else

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  39. Danny

    iBC rules. Unequivocally.

    I tell everyone I know, even strangers who I accost on the street.

    Even my Grandma knows about The Fly.

    Everyone else on the internet sucks balls.

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  40. Danny's Grandma
    Danny's Grandma

    Danny told me about the good stock pickers here.

    The little cocksucker failed to mention all the fucking foul language.

    Bastard.

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  41. Danny's Grampa

    Get back in the kitchen and make me a sandwich, goddammit.

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  42. Danny

    Make me one too

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  43. Timmar! (Sykes)
    Timmar! (Sykes)

    d00dz,

    1 time, i g0t these stocks like, “WHOA, MONEY I MUST BE PETAR LUYNCH!!”. ok yep? so, then, i have the hadge fund, but….LOLZ….EVERYBODY LOOST THEY’RE MONEY!NOOOO 🙁 <– (me, sad face)

    so i wrtote a book, and make some blog, and study for big timer SERIES 7 (study really hard!) to take it (2nd try, STFU). BAKC ON MY FEET IN NO TIME!!! NO MORE SLEEPING UNDER THE BRIDGE FOR OLD TIM, BUY A NEWT CAR LIKE “WHAT!!”

    peace, men
    Tim

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  44. Kiwin

    Timmar/Timothy/Queerbait: You should go fuck that lamppost you sleep next to.

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  45. Timothy Sykes Mother
    Timothy Sykes Mother

    Timothy, where is your laundry detergent? I come over to your house to do your goddamn laundry, and you have no soap? Oy Vay! What’s a mother to do with all those cum stains on your socks and sheets if I’ve no laundry detergent?

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  46. Danny's Grampa

    My grandson will whup Sykes’s ass!

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  47. Danny

    that is true in real life, internets, and professionally.

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  48. Is Mr. Mortgage going to post here – not some imposter, but the real Mr. Mortgage? I am thinking some kind of BS 4th July rally and then next week, back to some serious Bear Market stuff. The Real Anonymous.

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  49. BOOMER

    Has Timothy Sykes set himself up as the new Ducati? Methinks.

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  50. Tim O'The Sykes
    Tim O'The Sykes

    No way, the relationship between Fly and Ducati is completely different. Timothy Sykes just needs to go away, in a humorless fashion. Seriously, who cares about trading stocks with market caps smaller than my account? I went to his web site once and due to all the CPU-chewing crap he’s packed into it, my laptop overheated, burned my junk, and caused me to miss a trade. Fuck you, “Timmay”. I can’t pee right any more because of your bullshit site.

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  51. Timothy Sykes

    haha I love it, look at the creativity these loser traders have…guys u’re in the wrong profession! stop being a part of the 90%+ who lose and band together to create a broadway play…avenue q-style, no puppets, just u morons

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