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
23,439 Blog Posts

The Stock Gods Favour Me

I will have you know, the stocks Gods make sure that I am protected at all times. For example: today’s a bad day for many of my positions, but they’ve managed to turn FTK, GS and SHLD green (some of my largest holdings), effectively stymieing my losses to nil. For the record, FTK was last years disaster. Year to date, it’s up more than 20%.

Let me be the first to tell you, in the utmost of baritone tones: IF THIS IS ALL THE BEARS GOT, WE WILL SLAY THEM, and more!

Going into the “closing hours,” I suspect a little hand wrangling out of the bear camp, shimmying their spastic asses into custom made murderholes. I fucking warned you about those.

Nonetheless, with my money, I am sitting tight, with 27% cash. Should the market firm up into the last hour of trade, I will deploy all of my cash, AND MORE.

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32 comments

  1. jg

    fig

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  2. The Zombie

    The Fly is God!

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    • dumas

      zombie, your responses are slowing… you need to take back your title as first in.

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  3. Septimus Pretorius

    THE FLY IS GOD

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  4. Yogi & Boo Boo

    Indeud!

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  5. Septimus Pretorius

    Gravatar check

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  6. ftk

    By which zombie math skills is FTK up 20% Year to date??

    I think that bad lobster you ate up north has gotten to your brain and perception. year to date average is around $1.27 and we are far from that ……

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    • Pedro

      Yeah, up 20% YTD did have me scratching my head. It was around $1.35 at the beginning of the year, no?

      Nevertheless, it’s all moot. FTK will be rocketting higher in no time. Start buying those Sept Calls ASAP.

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      • Dayman

        Don’t be a Ritard. The stock is at 1.18. Buy the stock, not calls.

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        • nd4spdgt

          lol @ Ritard.
          FTK is definitely the cheapest it’s been all year. Heck it’s lost almost 50% of its value over the past 3 months alone. I’m averaging down and holding this sucker.

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  7. BIG GRIZZLY

    no, i assure you sir this isnt all the bears have…..come monday or maybe sooner i am deploying stocks of mass destruction…and im not going to take alot of shit

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  8. AI

    FTK got clowned rapped dude…. stock hit 1.01 yeah thats 20 fucking cents …..come on get real Tim syke

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  9. Gunners

    Lebron freaks out on Cavelier Fans – new Youtube video: http://www.youtube.com/watch?v=G7xlzLOZH5c&feature=player_embedded

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  10. Controller

    YTD FTK is down 12%. Am I missing something?

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  11. panamaorange

    I only see one bearish omen, in the 36 intermarket charts I track: A Bullish “Descending Wedge” in US dollar’s daily chart.
    Keep an eye on UUP.
    http://www.youtube.com/watch?v=85cL1HisrNc

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  12. Purdy

    Dem congressional narrative of the day: ‘This new legislation will prevent future bailouts of the bigs.”

    As if they were forced by statute to give away the store to GS.

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    • alphadawgg

      What a joke. No more Congressional voting on bailouts? Sounds like a good thing to the sheeple, but the bill bypasses all that and just lets the Directorate-in-Chief decide that he can take over private businesses “too big to fail”, for the good of “the people”, of course.

      Next thing we know, he’ll be taking over FOX News and the internet, because they’re hurting the economy with all the “negative news” being reported.

      What benevolent people we have in Washington.

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  13. StocksRider

    Are we back in the twilight zone? I nailed it, and am generously sharing my gems again – http://www.ibankcoin.com/peanut_gallery/index.php/2010/07/15/whos-your-daddy/

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  14. Donzo

    Fly, Looks like the “Stock Gods” are doing their thingy for ya right now by keeping you from deploying more cash here.

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  15. speedius

    “I will deploy all of my cash, AND MORE.”

    I can totally picture Buzz Lightyear saying that.

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  16. Goldie

    Clawhamma time!

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    • Prospectus

      Since when is 5 Spoo handles “Clawhamma time”? Much ado about nothing. Call me when we lose 20 points in one day.

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  17. alphadawgg

    Time for some VXX vapor rub?

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    • alphadawgg

      Yen strength is putting the hurt on equities.

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    • Donzo

      VXX getting beat back by hitting the 10, 20 and 150 dma’s simultaneously today…Gotta be careful with the shorts right here with Options ex. looming tomorrow.

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  18. StocksRider

    S&P surging in wake of GS announcement on SEC coming up after hours

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  19. nd4spdgt

    GS BTFO!
    Btw: “Favour?”
    wtf? Weren’t you in the “New” England?

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  20. Purdy

    Good short entry on TLT right here. Stop HOD.

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  21. No One

    Might want to hit on that Nazcrack before Goog reports…..

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