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
23,429 Blog Posts

Into the Angry Panda Den

I am no longer conciliatory to your stupid ways. I have taken time out of my Godly days to forewarn you of future melt ups, all thanks and praise to my time machine for that. You were permitted to see “The Fly” commit early errors, and then see how a true pro reverses his fortune.

You became lock stepped with depraved morons, who are better suited collecting bags of rice in his basement, than banking coin in the stock market.

Ladies and Gentlemen, people of the underground rice collection agency:

I am your enemy. “The Fly” embodies what you are not, specifically with regards to monstrous and appalling stock market wins. For example: CROX, WRES, NGAS amongst others.

Just a few weeks ago, most of you mocked me when I picked up large blocks of CROX. You threw meatloaf at my general direction and told me “you’re crazy, asshole.” Lo and behold, here we are 50%+ higher and I am throwing fucking lawn chairs at you.

See, that’s how natural order works. Darwin warned you of such outcomes; you chose not to read him.

In closing, it does not matter where the market goes today or tomorrow, since I have already won. I will take profits on a variety of names and it will perplex/annoy most of you. Yes, indeed, my next move will be Godly, sending my YTD gains above 50%. Until then, good luck navigating this tape, you most certainly will need it.

UPDATE: I sold out of my CROX position, north of $3.

UPDATE II: I sold out of my WRES position, north of $2.25.

UPDATE III: I sold 20% of my NGAS position, north of $2.65.

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15 comments

  1. kidstock

    FIG

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  2. francesco

    thanks fly , I got crox ( fly advice , char , bought 10000 ) too and I’ve grown nicely my money .
    Waitin your nwxt steps .

    lookin into natgas and coal/steel play at moment

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  3. francesco

    thanks fly , I got crox ( fly advice , chart , then bought 10000 ) too and I’ve grown nicely my money .
    Waitin your nwxt steps .

    lookin into natgas and coal/steel play at moment

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  4. 308

    I too was one of those who could not believe you were buying fucking CROX and various other “Under Fives”…

    “ouch!..”

    (well deserved lawnchair to the back of the head..)

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  5. lazy man

    Fly,

    Lady just died 2 days ago on the Florida turnpike. Somebody tossed a lawn chair at her car and she drove into a ditch. Ironic.

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  6. charlie

    Fly just smoked the CROX haters. FUCKING SMOKED!

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  7. CROX is scheduled to report Q1 EPS on March 7, after the market close. CROX call option volume of 25,909 contracts compares to put volume of 1,220 contracts. CROX May 3 straddle is priced at $1.15, June 3 straddle is priced at $1.85 according to Track Data, suggesting larger price movement.

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  8. JakeGint

    See, that’s how natural order works. Darwin warned you of such outcomes; you chose not to read him.

    LOFL! Hubris* is truly your appointed Muse. Those rap idiots should come study you, to better refine their trade.

    In the meantime, another shameless plug for my buddy who may or may not give you an angle on this swinish bullshat.

    _______

    *(She of the mustache, cigar, and porkpie hat)

    _

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  9. JasonB

    I’ve decided to join in the fun and buy POS sub-$5 stocks to attempt to make the same egregious gains that FLY has pulled off. My first stab is MEA–scrap metal is where its at baby.

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  10. kidstock

    Back in the options den.

    Rolled profits of CSCO 20 calls into:
    300 CSCO May 22 calls w/ .1 basis
    175 ALU June 2.5 calls w/.275 basis

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  11. the prof

    Amazon has kept figures on Kindle hardware and title sales confidential, but the number of people reading periodicals on the Kindle remains small, partly because of price. The latest generation, the Kindle 2, costs $359.

    The Wall Street Journal — the second-most-popular newspaper for the Kindle after the New York Times — has more than 15,000 subscribers, according to a spokeswoman for the paper, compared to its paid circulation of more than two million daily. Fortune magazine has roughly 5,000 subscribers, according a person familiar with the matter, while the magazine has an average print circulation of nearly 866,000.

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  12. Juice

    Long live our Leader, le Flea ! 8)

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  13. bill

    Why the big jump in CROX today?

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  14. ML237

    CROX a total short sqeeze with earnings coming up still I took 2/3rds off at over 53% profit at the highs 2.525 better not be to swiney 😉

    What I am amazed with short squeeze in PCX I just Banked another 50% gain on a second buy during earnings day after I initially sold stock withing first 15 minutes earnings day for a 37% profit. I didn’t want to be a too big of a pig so my advice take profits when you can especially b/c market gods smiled with the 3 day runs in the metal sectors and oil rally.

    Now waiting for SONS to do the same with earnings coming this tuesday.

    If I could only find a good entry into some of those upgraded coal stocks but I can’t say I see an open windonw right now.

    Ah & BTW Fly you’re DA MAN with a Master plan 1Bad MOFO! Keep on rocking the small caps loving the play and at this point worth the risk with all these recent gains.

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  15. hey fly

    whats ur ytd today? mines 32.3% is 4-5% a day too much to make without the feds hassling you even if u honestly dont use insider info?

    btw ur a sav.

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