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
23,474 Blog Posts

Who Cares?

Since when are we investing with morals? Are you the type of person that refuses to make money off of something socially unacceptable? Or, better yet,  cigarettes don’t cause cancer, chemicals do!? Huh? Exactly. I smoke cigarettes made from $100 bills and I don’t give a shit what sweat shop made them. At the end of the day, when it’s time to put beluga caviar on the table, only one thing counts: currency. Build up your currency reserves so that you can live a better life. What do you jackasses think life is all about? Wait, let me guess, you believe in some sort of panoramic democracy, where people throw flowers at one another, celebrating free health care and vast oil/timber supplies.

Well, fuck you, because this isn’t Canada. Down here in the ghetto of the United States we take naps and bank coin in equities. We import shit from China, then we shit on them for doing so. We eat fatty burgers, then sue Mcdonald’s for making them.

Fuckers on the interwebs are blatantly making shit up about Chinese companies, because they are short. Yesterday’s victim was CAGC. Today, those who shorted CCME, based on scurrilous internet analysis, are getting fucked like dogs. The stock is gapping up with a vengeance, pulling BORN up with it.

Early going, the market is trading off a little. Give it some time; it will come back. On the front burner, precious metals and Gulf of Mexico or African oil plays. I am looking at HDY, ATPG, MMR, GDP or WTI.

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32 comments

  1. TJWP

    Well played – Canada reference is hilarious.

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  2. Bill

    Check out WTW. Liking HLF for next week… Fat people who smoke cigarettes love to spend their $100 bills on products they think will make them skinny.

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  3. J Livermore

    Oh Look, ATPG ripping.

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  4. TheArtist

    yes indeud’e

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  5. xxxHuggieBearxxx

    im thinking about buying more BORN…why not

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  6. Rand

    Drill, baby, drill.

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  7. The Zombie

    The
    Fly
    Is
    God

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  8. A little knowledge,
    A little knowledge,

    Agree 100% w Fly.
    Unclutter your fucking mind!
    Forget that, ‘oh, I can’t buy that, it wasn’t made here in the US.’ (clue – not much is made 100% in the US)
    In the future, if all food were to be imported, would you stop eating?
    Turn part of your stubid brain off and get on with it –
    banking coin
    Good day sir.

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    • riggedgame

      Why stick the “100%” qualifier in there? Isn’t 70% or 80% good enough?

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  9. Frog Wearing an African Tribal Mask
    Frog Wearing an African Tribal Mask

    A Little Knowledge mght burn in hell if he did not agree 100% with Scriptures.

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  10. cardiffgiant

    Hey Fly,

    A few weeks back you were playing the 100 roll thesis with a position in OXY when it was trading in the mid 90’s. As predicted this stock rolled past 100 and is now around 105.

    Thanks for that one!!

    The fundamentals seem good too so I’m curious why you no longer seem interested?

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  11. go2mars

    African oil:

    MMT (Mart Resources) in Nigeria
    AOI (Africa Oil)

    Canadian health care sucks.
    Vast oil and timber is nice though.

    Pleistocene rewilding and SpaceX forever!!!

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    • Po Pimp

      CIE = Gulf of Mexico plus Africa oil. And partnered with APC for good measure.

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  12. ruggyup

    WTI and HDY. Hmmmm Gonna pick one and like HDY better than the Martians MMT & AOI

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  13. tw

    Correction: I have not witnessed any flower throwing here in Canada, unless you include the release day of Lose Your Illusion 2 outside of HMV in Montreal in the 1990’s…..

    …and contrary to popular belief, free health care means no health care when you really need it. You will note the results of government run dental work in Britain the formerly Great.

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  14. TheV.King

    Hey Fly,

    The other day I asked u how I should trade Corn and Cotton…I bought 5,000 of each…thks

    http://new.music.yahoo.com/busta-rhymes/videos/view/arab-money–205803216

    1 post …check out the lone response

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  15. Eric

    You may be a great trader, but I’ll get my life philosophy from somebody else! Sifting through your wacked out paradigm to see what you have to say about good stocks.

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  16. Trading_Nymph

    Still fixated on the China “restocking” issue. Spot Ore moves up again to Historical Highs out of India, YET China weekly steel prices are going down due to, what seems like daily news, of China Govt annoucing more controls on housing. Copper is fighting the HISTORICAL high in copper, with LME at 10,000 tonne. There really has to be a tipping point when China will just say “screw this, we won’t pay up for these crazy high prices”. Shanghai copper futures were down again last night, with only six days since they came back, imho, not the restocking that the global market was expecting so far.

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  17. A Monkey With a badass merican flag
    A Monkey With a badass merican flag

    USA! USA! USA!

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  18. Frog Wearing an African Tribal Mask
    Frog Wearing an African Tribal Mask

    R U still here, V. King? Were U joking? Or not?

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  19. London

    Excuse me.
    Drop everything, pay attention.
    ATPG massive short-pillaging in progress.

    Focus!

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