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
23,445 Blog Posts

White Robed Day

You are not permitted to address me directly today.”The Fly” is roaming his office, dressed for success—white robe, sandals, crown. For all of you goat fuckers who bellowed about PESI, go eat a dick. I’ve been a little non-descript lately because I am in the process of making a very large bet. This year, for me, has been marked with crazy volatility, with big winners and big losses. I’ve been MOTR boated, BORN with a fucking headache that I can’t shake. I do not like to live in mediocrity, so I am making a large directional bet.

For me, there is no better investment thesis that the refiners right now. Period. Nothing else competes and I am going to invest millions behind this belief. Personally, I own more than a million dollars in WNR stock. Additionally, I have been buying VLO whenever I see my shadow, like it’s some sort of fucked up version of groundhog day.

Today’s wins were marked with “awesome and amazing” price action in TER, WNR, VLO, FORM, MAS, FLWS and PESI.

[youtube:http://www.youtube.com/watch?v=MUCo7vM-FCk 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

19 comments

  1. Awake

    Flowtek Industries at 7.35 today

    Looks like you had the right thesis for the long term Fly

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. crap

    WNR down 4.5% afterhours, no movement in VLO. What’s going on with these two?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Frog with Head Made from Cement
    Frog with Head Made from Cement

    Buy the close/Sell the open is the trade lately. Wonder how long that will last.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • checklist

      these things tend to last until people sort of catch on. and then implode.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  4. The Lord

    .”The Fly” is roaming his office, dressed for success—white robe, sandals, crown.

    And who do you think you are? Obi-Wan Kenobi, Tim Tebow, Grace Slick or you know who?
    I decide who gets to wear robed gear.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. daxx

    Explain PESI. It was a $1.40 – 1.50 stock with incredibly low volume all day (between 13K -85K hourly) until the last hour when it spiked to 1.6M shares. Was that The Fly buying? How can anyone buy any real amount (e.g. 50K shares) without totally skewing, and screwing, the stock?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. The Fly's Butler
    The Fly's Butler

    Col. Ghaddafi wishes to pass on his congratulations on a good day in the market. He is also wondering if he can rent your castle in Romania for some R&R..

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. A Monkey Imitating Joe PESI
    A Monkey Imitating Joe PESI

    Okay, okay. Flys buys PESI. It doesn’t do shit. Ok? Ok, so all of a sudden it goes up on the last hour like 15%. Okay? I mean WFT?! How does that happen? Well, guess what? Ok, Somebody fucked with the market, ok? Ok, who could that be?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • daxx

      But if The Fly, or someone, boosts the price with a huge buy, how can he sell? Won’t buyers still be unwilling to pay jacked-up price? If it was a $1.50 stock until 3:00 p.m., isn’t that the level at which most buyers value the stock?

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  8. YaBollox

    You gotta be in it to win it.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. muktukchuck

    Monsieur Le Fly —- this is not investment advice, but a wise Japanese man once told me: “Money is like a penis. If you don’t play with it, it won’t grow”.

    I hope he is still able to play with his, he’s from Morioka.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. Gumby

    WHO’S THE SPIDER
    &
    WHO’S THE FLY NOW BOYS ?
    CAUGHT IN THE WEB?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. Goldie

    Obama has been bumping this in the White House all day today..

    http://www.youtube.com/watch?v=jZj6WZ1KuDE&NR=1&feature=fvwp

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. Biff Uppington

    At Uppington Defense Systems we sell death at a reasonable price. At Uppington Energy Resources we sell life at a reasonable price. With all these reasonable prices, it is a mystery to me how I don’t go broke.

    Fly, I noticed that some of the neighborhood youths were “huffing” gasoline from your vehicles. I did sic my lions upon them, and they scattered like neutrons in a nuclear reaction. It almost seemed like they are expecting shortages of fuel in the near future. Maybe watching Faux News with the footage of all Japanese people waiting for fuel got to them.

    Your occasional neighbor
    Biff Uppington

    • 0
    • 0
    • 0 Deem this to be "Fake News"