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
23,406 Blog Posts

UPDATED: The Internet is Slop

Believe it or not, I do not read the goulash that is disseminated on the internet. I read news, sports and iBankCoin—that’s it.

Blogging is not for everyone. As a matter of fact, I believe 90% of the financial bloggers out there have no business offering financial commentary. Running a website is harder than you think. I have to deal with the technical stuff, the personalities of others and quality of content. Without getting into specifics, let’s just say, I have done a poor job managing the content of this site and that is going to change.

A great man once said: “This isn’t a game anymore.” The truth of the matter is, I will rip out the livers— and eat them raw— of anyone who gets in the way of iBankCoin’s destined future to become the #1 destination for financial commentary. In order for that to happen, change is necessary, starting with me.

So, effective immediately, “The Fly” will no longer be considered “nice.” Gone are the days of unwavering patience, in the dark shadows of sheer ignorance. Gone are the days when I’d talk to strangers as if they were my equal, making believe they had value. Ladies and Gentleman of the interwebs, over the past 6-12 months, I’ve gone soft—losing my ways in the euphoria of the stock market. However, I promise you, from the bottom of my black heart: Omnibus Locis Fit Caedes!

As for this market:

We should be down 200 on the bad employment data, but we’re not. Even though the banks are weak, they’re not down enough to scare guys like me out of the market. Let me be clear: you cannot stop the momentum, spawned off by the will of the Turkey Gods. With every hour that passes, we edge closer to Thanksgiving. I need you to appreciate the significance of this inalienable fact: Wall Street likes turkey and stuffing.

Into this weird tape, I like POSCO (ADR) [[PKX]] , Equinix, Inc. [[EQIX]] and Chipotle Mexican Grill, Inc. [[CMG]] .

Now go away you stupid, stupid people. Go away.

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42 comments

  1. StockPickingChicken

    TCK

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  2. punyandy

    Better than “slope,” I suppose.

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  3. Buckeye Bob

    There is no doubt that it reflects society and at times becomes a meaningless echo chamber

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  4. Itchy & Scratchy

    You used to say to get your share of the billions being made on the Internet.

    Now you say it’s slop?

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  5. wabisabi

    *pfft* no shit kiddo. you, clearly, are the only light in a sea of darkness. the lemmings agree indeed. as opposed to indeud.

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  6. Zood

    CoachCoffee is gone?

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    • harsh reality

      So sorry CoachCoffee, you haven’t been making your numbers.

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    • esteban

      Maybe the ‘I Was Right In My Wrongness’ post was the final straw. Seems like a good guy, though, good writer.

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  7. charlie

    Let’s get Alpha back to iBC, turkey gods willing. The iBC lineup from a year ago plus the addition of Henry cannot be surpassed.

    Plus, Alphadawg was one of the strongest contributors to the PPT. ‘Course some of the readership lacks the character to join us in the ivory tower [sic], which suites me. To such derelicts, I say, enjoy your donuts. The PPT has enabled me to fleece even the very worst of you, and tomorrow will be no different.

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    • JakeGint

      Go blow Algernon, Charlie.

      your friend,

      Jake the new guy.

      ______

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      • henryfool

        sorry to read that faux pas. That shit is cold. You’re he shit JG

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        • JakeGint

          Thanks, brofis.

          _____

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          • charlie

            Indeud, I have erred. For some reason, I forgot that Jake was not officially on the blogroll a year ago. Perhaps his dominion of KotPG supplemented my misstep.

            Jolly good chap, when I inferred newer bloggers, my mind was considering those who have had short stays on the front page this past year. For example, perma beardogs and floozies writing about the latest trends at Dandy & Gabbanas. (event specific bloggers excluded, Dr.Cane, etc)

            Apologies. I mean to say, the current blogroll plus Alpha would be exceptional.

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          • JakeGint

            For penning “Dandy and Gabbanas,” you are forgiven.

            lol!

            _______

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        • Yogi & Boo Boo

          Henry, I think you meant that shite is GOLD!.

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  8. retox

    Thank you sir.

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  9. Mr. President

    Blogs, twitter, etc. epitomize the unreasonable, emotional nature of humans. No stoicism whatsoever – and that’s exactly what’s needed most of the time.

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  10. David Tice

    FUCK YOU, YOU’RE DEAD!!!!!

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  11. TheArtist

    Slop of Dope.

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  12. henryfool

    I got your shot of Java right heah>>> http://ibankcoin.com/henry_fool/2009/11/06/a-few-with-room-to-run/

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  13. j

    I’m buying a litte Ebay here.

    Talking with a fellow trader today about the Stock. Agrees with me the actually site is shitty. People don’t like it a much. Most of the players on it are professional players/suppliers and they aren’t very happy with the delivery of the service. The key value in the stock is pay pal which is the safest way to pay for shit over the web. Thinks it’s worth a ton more money than what it’s doing. The key to it is getting people to link their bank accounts rather than credit cards and there seems to be this migration happening which means they keep all the earnings.. thinks a much higher valuation ought to be ascribed to Ebay because of Pay pal.

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  14. TheArtist

    will the word goolasch be in the article?

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  15. mmk

    wheres coffee’s tab?

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  16. Scavenger

    I miss the Coach!

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  17. JakeGint

    In this joyful Season of the Turkey Gods, we must be mindful of giving thanks and praise for ALL of our blessings,. no matter their guise.

    _____________

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  18. Itchy & Scratchy

    “The Internet is Slop.”

    Hey, what about the promise not to use 4 letter words…

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  19. retox

    “I will rip out the livers— and eat them raw.”

    fuck it – cook them on the burning corpse with blood sauce.

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  20. lasalle street bum
    lasalle street bum

    fortis est veritas

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  21. mrkcbill

    Good post Fly,Have a good weekend team IBC.
    80 and sunny in Midwest ….outta here.
    You guys can enjoy Steve Liesman [sic] and Dennis Kneel [sic] for the rest of the day.

    Has anybody seen Simple Jack? Call Peachin or Lady G I think they would be great for your Blogg

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  22. JakeGint

    Let me be clear: you cannot stop the momentum, spawned off by the will of the Turkey Gods.

    S’treuth! (sic)

    ______

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  23. Yogi & Boo Boo

    Welcome back Fly.

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  24. Bubbles

    damn I liked the coach!

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  25. kim jong il

    oh… don’t worry. first big down day you will be singing a different tune as usual.

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  26. jbag

    Fly, this is my first post but as a first time commenter, short term(but dedicated) reader, i would like to say this: Unemployment numbers are about as important to the market as one of the coked out cnbc “analysts” climbing out of a tanning bed ready to do a line on the glass coffee table. We are in the 21st century for fuck’s sake, an Iphone has proven to be more proficient than 26 entry level employees why shouldn’t unemployment be high? the same fucksticks who were concernened about unemployment numbers when factory’s employed robots instead of wig’s from 8-mile can shit themselves all they want. . . dow 20,000

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  27. asteroids

    This market scares the shit out of me. Mommy, make that bad man go away, he’s scaring me!

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