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
23,463 Blog Posts

Day Ruined

Have you ever eaten a teevee dinner? Let’s take a turkey teevee dinner for example. You have the turkey, the dumbass potatoes, the chocolate cake and the cold, halfway frozen, peas and carrots. That’s what you are to me: peas and carrots. Don’t act like you are the chocolate cake; cause you’re not. My whole day is ruined, thanks to late day reversals in SOHU, MOTR, and PWER. It doesn’t matter that I was up on the day and these stocks made me money. The fact of the matter is, I hated the way they closed.

Therefore, as a result, my whole fucking day has been ruined and I will not begin to lament over how stupid those stocks are for selling off.

My largest position, OXY, did great, closing near the highs. However, I really had my heart in SOHU, MOTR and PWER.

Fuck the three of you, backwards, sideways, and every which way but loose.

[youtube:http://www.youtube.com/watch?v=bwOEf05Lryk&feature=&p=2F2598637E308143&index=0&playnext=1 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

43 comments

  1. jg

    fig dammit

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  2. The Zombie

    The Fly is God.

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  3. Bman

    YLF is dog.

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  4. The Equalizer

    20 year old turkey, in a 30 year old tin,
    I can’t wait until tomorrow to thaw one out again…
    http://www.youtube.com/watch?v=T1nMC6kLOYA
    …oh yeah. Gotta have ’em…

    Never mind Bernanke. That’s a fucking beard!

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  5. Matt

    Fly – I am surprised you haven’t had any posts on the coal sector. On fire. Any thoughts?

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  6. TraderCaddy

    Okay, I see the problem.
    You are eating the Swanson TV Dinner when you should be eating the Banquet Turkey TV Dinner.
    No carrots with the peas, the turkey meat is mostly white, and the mashed potatoes are light and fluffy.
    Be sure to put a little of the gravy on the potatoes and you will be fine.

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  7. Cosmicomics

    Thinking I would view myself as the chocolate cake is absurd — I’m not black.

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  8. Bullish

    Jamie Dimon sounds like a politician, he will surely be working in Washington one day.

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  9. ruggyup

    Jamie Dimon sounds like a pimp. He will surely be working in Washington one day.

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  10. JakeGint

    Just remember:

    The past participle pluperfect tense of “FUN”

    … is “FUNNEL.”

    __________

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  11. A Monkey with a Fucking Way Back Machine
    A Monkey with a Fucking Way Back Machine

    Coal on fire. Oil up. Silver, copper, and gold at all time highs. This market smells like August 2008.

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    • go2mars

      Oil and Silver are not really up yet. Ask me again in a year or two.

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  12. logicalthought

    PWER sold off on the old news (it was discussed on the Q3 conference call and is modeled in by all the analysts) noted at the Needham conference of somewhat larger margins going forward. It will bounce right back from this.

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    • logicalthought

      Sorry, that’s the “old news” of somewhat “lower” not “larger” margins. What happened to the “edit” button around here?

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  13. Yabollox

    Ask your wife to make you a nice dinner. That frozen shit is not good. not even the cake.

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  14. Yabollox

    I’m thinking sell the MOTR, it’s at the mercy of Uncle Carl at this point. That guy is unpredictable.

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  15. Clyde the Orangutan
    Clyde the Orangutan

    I approve this post

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  16. Colonel von Ryan

    I, who have partaken of Mr. Fly’s picks and gone heavy in commodities, do hereby announce that this strategy is working.

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  17. Fly

    No fucking edit button here pal. Bring your A game.

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    • MX2101

      Every time removal of the edit button comes up, it brings a smile to my face.
      Take one or none, no fix it in the mix…

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  18. Gravestone Doji

    I concur with Fly’s sentiment. The day started w/ the ENER downgrade & a stupid gap down but everything else was fine. Then TSTC jacked my ass up turning winnings into a stick save stop out for a cool -10% trade. Then LNG continues to fall apart all day. This kind of chit isn’t supposed to happen on a coked-up Fed POMO Dayz extravaganza. I felt like I was taking crazy pills today.

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    • JakeGint

      Enjoy your funnel cakes.

      ______

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      • Gravestone Doji

        Wing Attack, Plan R is next.

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        • Yabollox

          “How many times have I told you guys that I don’t want no horsin’ around on the airplane?…Well I’ve been to one world fair, a picnic, and a rodeo and that’s the stupidest thing I ever heard come over a set of earphones.”

          (one of the best movies ever!)

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  19. carsony

    check this out if you get time…

    http://www.iamsecond.com/#/seconds/Wayne_Huizenga/

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  20. Fly

    If you own TSTC, I suggest thanking the mental giants over at zerohedge.

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  21. Jimbo

    carsony, good stuff. thank you.

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  22. 401ker

    So Verizon announces the iphone deal and the stock drops. Was it not what everyone expected? Why the drop?

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  23. Yabollox

    Short interest dropping? Nearly every stock in my portfolio has short interest dropping. The one that rose was only a little bit. http://www.reuters.com/article/idUSN1112785720110111

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  24. wft

    what do you guys see for oxy in the near term? i am heavy with the stock, should i sell on the gains?

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  25. theedge111

    The rally looks very tired….

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  26. noodleeater

    what a melodramatic post fly

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