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
23,445 Blog Posts

End of Quarter Games

This is a pretty straight forward process. If you run money and need to window dress your brochures, you will lap dog your way into tomorrow, being the proud owner of the “bestest stocks” in the world. Hell, even if you missed the recent run, don’t worry, you can buy now and just make believe you were smart and shit, despite your lackluster results. People will look at your holdings and marvel: “wow, that guy is a great manager.”

Stocks like Baidu.com, Inc. (ADR) [[BIDU]] , Google Inc. [[GOOG]] , Fuqi International, Inc. [[FUQI]] and Freeport-McMoRan Copper & Gold Inc. [[FCX]] will be bought, while asshole stocks like Flotek Industries, Inc. [[FTK]] are sort of tossed to the side, as if it were garbagio. However, this type of positioning often leads to great buying opportunities, especially in names that were sold en masse. What’s important to remember, in general, if the market is truly in recovery mode, most stocks will trade higher, not just the who’s who of Joe Mutual Fund’s holdings.

Naturally, there are many skeptics, who refuse to acknowledge the slightest improvements in the economy. These people believe the market will hit new lows, effectively ripping the country out from within, sending you into government controlled “food camps,” where the O’bama administration could control your daily caloric intake. Keep in mind, I really do not give a fuck, either way. As a matter of fact, I prefer to make money on the short side, since it’s easier. When stocks go down, everything knifes lower. It’s like taking candy away from an armless Madoff.

In closing, the trend is up, why fight it?

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23 comments

  1. nation81

    Agreed….go with the flow……for now.

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  2. The Fly

    Set of steak knives for you fuckers.

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  3. Milan237

    Hey Fly the trader Notes on PPT are not being updated … delayed get Vinzenzo on it stat! Thx

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  4. The Fly

    We are fxing it. Sorry.

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  5. GAY

    FLY

    Whats up buddy? Quiet around here today, huh?

    ASS NAPKIN MIKE LIVES

    FUCK OFF

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  6. Ralph

    This blog blows ever since the karma buttons got deleted.

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  7. The Fly

    Ralph

    You are right. We are nothing without karma buttons. I will put them back IMMEDIATELY.

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  8. mrkcbill

    +1 The Fly

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  9. Big Mike

    It has been a long time since I posted here, so I will make this brief…

    The Fly bust out a new web design…so does Pragmatic Investor, and Zero Hedge…interesting…I smell competition.

    My take on the market is that we are in “consolidation” mode…thereby the profitable trades is for you to sell premium…

    That is all…

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  10. The Fly

    Who is Prag investor?

    Do you think I bother reading blogs, like you losers?

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  11. TraderCaddy

    mrkcbill- Need to change your avatar.
    It is making me extremely hungry for some ‘cue.

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  12. 4fl3x

    The obvious along with an update to Master Fly’s anonymous chart: http://img6.imageshack.us/img6/9058/flyschart.png

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  13. Ralph

    Hey Fly,

    Listen fuckface…you don’t have to believe me when I say the site blows without the karma points…I am certain the stats speak for themselves. Shortly after you got rid of the karma buttons, traffic started dropping off like a stone…I have been reading this blog for 2 years now…and lately, it sucks. If you still do not agree…no biggie…I, like many others recently, will simply go read elsewhere.

    Ralph

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  14. OO

    “Ralph” why are you still here? $100 says you will read this site in the coming weeks, piker.

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  15. The Fly

    Ralph

    I like the karma buttons and will have them back, after dealing with other issues. You must have some ADD type of affliction. Calm the fuck down and eat a sandwich.

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  16. The V.King

    I am the lord of the penny stocks…

    Ralph is a big fat dolt who live’s in a basement apartment churning his dad’s account for spare crums , his old man being to wasted on Wild Turkey to know Ralph figured out his pass word (cumdumpster) to notice.
    Fly I love your Ads for the PPT…Great stuff.
    Sold half my IOC @ 28.23 today …ouch it’s going higher …like Big Mike’s weight

    The V.King cometh ….All good spellers step aside

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  17. mrkcbill

    TC, I have the Pavlov thing working here….can’t wait for Karma to return….I could say stuff like The Fly channels Dennis Kneale and all your would brain would recognize is the BBQ

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  18. The V.King

    Also down with Syntax …..
    I will crush grammer….and faces.

    Bought C.M at 19.20 today 4500 shares
    does anyone know the exact convert …I heard X 7.26

    The V.King

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  19. Jakegint

    VKing — are you the Techno Viking?

    RE — CM — I think you are almost exactly right (might’ve been 7.21).

    (Full disclosure/ Idle boast; I bot em at 13 sun’-thin, and got rid of almost all of them @ 22, before conversion.)

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  20. nation81

    Gravatar Test.

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  21. The V.King

    Jakegint:

    Don’t forget the . in V.King ….Or I will hammer you in the temple….
    (Full disclosure I am now the God of these here boards….you will soon await my every move….. I AM NEVER WRONG….EVER)
    Please forgive me for English is my 4th language so sometimes I might say something that might not make sense…Like Ralph is a big fat douche bag…
    Concerning C.M pr I sold my Citi holdings Thursday @ 3.04 32,000 shares I bought them on 3/16 @ 2.14 ….But that doesn’t matter I like the arb play here in the name…

    Thanks for helping The V.King your cyber life has value tonight…

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  22. Razncane

    So Bernie;

    Here ya go…A College Prep course on surviving your ‘Vacation’.

    http://www.wallstreetprisonconsultants.com/

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  23. gappingandyapping
    gappingandyapping

    I would like to ask a simple question here: Do you think it is smart to put every last dime you have into a single fund with a single manager or single bank?

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