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
23,436 Blog Posts

My Worst Start in Years

By the way, this is my worst trading year since 2004. Typically, I get off to a quick January, usually up more than 15% by now. Yet, here I am, midway through March, and I am barely up 8%.

What the fuck happened? How could I be so retarded?

The answer is very simple, yet convoluted. As many of you know, I had my faced MOTR boated about a month ago. And more recently, BORN fucked me up something awful. However, in my defense, BORN wasn’t my fault. I was right about their numbers and the stock went up big on earnings day. However, all of this bullshit, cocksucking, Chinese fraud is fucking with BORN. I ate the loss because I lost the initiative.

As for my personal account, it is now up about 4%. In all, 2011 has been a very uninspiring year for me. So many times I get excited about a thesis, then find myself on the receiving end of a homo hammer, having to trade my way out of murder holes. My latest and greatest endeavor is to be long refiners. Let’s see how this shit works out.

Disclaimer: Assholes, I do not require your feedback or tips. You are beneath a person, such as myself, and should feel lucky for even reading this shit.

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31 comments

  1. swooon

    You don’t need to say who it is posted by. If its funny as sh*t and admiringly mean, we all know it is the one and only Fly

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  2. txchick57

    What the hell are MOTR and BORN? They sound like something you get if you forget to wear a condom.

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  3. Baron de Rothschild
    Baron de Rothschild

    It may be possible that the “Fly”, although a provocative wordsmith, has lost his cool. If the Fly is a cool person, he should have no trouble passing this simple cool person test. Let’s hope he has the stones to take this test and admit to us whether or not he passed it:

    http://www.sailinganarchy.com/general/2002/cool_test.htm

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    • The Fly

      I don’t click on homo links. Fuck off

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      • Baron de Rothschild
        Baron de Rothschild

        Failed!!!!

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      • jay316

        you motor boat’n sonofabitch.

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      • Baron de Rothschild
        Baron de Rothschild

        Charlie Sheen seen having several cocktails in a bar with “WNR” tatooed to his forehead!

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        • Baron de Rothschild
          Baron de Rothschild

          Damn, had my name hijacked twice. The first post with the “test”, however, was all mine. While I’m not sure about WNR, I’m looking hard at MRO. I think the next year looks good for almost all the refiners. Although, when oil prices crashed during the last deleveraging period, the refiners crashed with it. A strong USD, brought on by a dollar short squeeze, murders all commodity related stocks. But we’re all agile enough to get out before JPM, MS and the Gold Men dump, right?

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          • go2mars

            One of my favorite holdings is MRO Millrock Resources. Drilling Estelle in June!

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          • Po Pimp

            MRO is due to sell off its refining business by June.

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  4. Doc

    I feel lucky just reading this shit.

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  5. JakeGint

    Meanwhile, just steady Charlie Sheen “winning!” over on my blog.

    So much so that I can deign to offer up some social commentary on some bazillionaires THAT OUGHTTA KNOW A LOT BETTER!

    _________________

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    • The Fly

      He got a fuckton of money. Quit hating

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      • JakeGint

        So did Hitler. Are you fucked up?

        ___________

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      • The_Real_Hmmm

        Jake seems to forget about the illustrious IMF/World Bank and their generous loans to the military dictatorships of Argentina (1976 – 1983), Bolivia (1962 – 1980), Brazil (1964 – 1985), Chile (1973 – 1989), El Salvador (1979 – 1994), Ethiopia (1977 – 1991 ), Haiti (1971 – 1986), Indonesia (1967 – 1998), Kenya (1979 – 2002), Liberia (1979 – 1990), Malawi (1964 – 1994), Nigeria (1984 – 1998), Pakistan (1977 – 1988 ), Pakistan (1999 – 2008), Paraguay (1954 – 1989), Philippines (1965 – 1986), Somalia (1969 – 1991), South Africa (1948 – 1992), Sudan (1969 – present), Thailand (1950 – 1983), and Zaire/Democratic Republic of the Congo (1965 – 1997), just to name a couple.

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  6. Smith

    Fly what’s the market outlook? my guess is very very bullish

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  7. theedge111

    Nothin wrong with 8% in this environment.

    The market is a fucking beast right right now.

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  8. Trading Nymph

    US Dollar has to catch support soon, copper topped and we are just on the bulls “hoping rallies” that just piss me off. China is getting hurt by Japan but no one is focusing in on that at all…plus China Govt really does wants to slow it down, but no one believes it all either.

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  9. DPeezy

    “Let’s see how this shit works out.”

    WTF is that shit?!
    Where is the conviction, boss??

    *Disclaimer: long 10 shares of WNR. Big pimpin’/WINNING.

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  10. asteroids

    I’m flat for the year. It’s too hard right now fighting computers and the FED that are out to grab every fucking dime they can. Progress isn’t made unless we learn from others. Only real money is buying at the close and selling at the open and hoping you guessed right. Fuck that. Thanks Mr. Fly for sharing.

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  11. skogie1

    So is BORN one of the fraudulent companies?

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  12. Yabollox

    The Chinese copy and outdo us in every way, including having a more ineffective SEC.

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  13. A Chinese Monkey BORN With a MOTR Boat
    A Chinese Monkey BORN With a MOTR Boat

    Hang in there Fly. The year is still young.

    What ever happened to “Winning!”?

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  14. Ouroboros

    What are you doing wasting your money investing in the chi-crap sector anyhow? Especially after CCME…Besides, anyone who has cared to do some DD would know BORN is about to announce a secondary.

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