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
23,449 Blog Posts

A Grande Day

Just to recap what will be described many centuries from now as a “seminal day” in the stock market, I nearly depleted my cash reserves down to about 10%. I booked a stupid loss in PESI and added to a variety of names (see prior posts for details).

At the moment, I am surrounded by 35 iBC guard, all carrying black flags, with the sole purpose to rout and destroy any and all bearshitter in our way. The banner of iBC stands for winship on a magnanimous scale. Whether it be from the mathematical precision inside of The PPT or the surgical strikes taking place inside 12631, iBC reigns supreme. Aside from that, we’ve gone “full retard” into the news business, fucking with your SEO game on a very high level. Let this be a warning to you, your market share is in danger. Be sure to follow us at ibc_fn, or I will eat your bones.

In closing, there is nothing more that matters to me, at this very moment, than refinery stocks. You will bear witness to a great win, done for you in slow motion, space alien magician style.

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27 comments

  1. drummerboy

    indeud time, ibc will crush all the interwebs, just on a mere fly-by

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  2. A Monkey with a No Fear Complex
    A Monkey with a No Fear Complex

    Why’d ya bail on PESI?

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  3. mutabaruka

    Fly when is the IPO for the website. Maybe we can go in pre IPO then take them to the cleaners for a change.

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  4. panamaorange

    I see zero hedge is drumming up a fake rumor of QE3.

    They have leaned bearish since a week after 2008 lows.Go check their archives from that period.
    They are picking a dangerous time to capitulate,and chase bullish QE3 rumors

    And they have been EXACTLY 100% wrong on their prediction that a silver rally would crash JPM

    Either these guys are complete morons, or they are engaged in some sort of bizzare reverse psychology play, which I cant figure out

    http://www.youtube.com/watch?v=f6wqKb8EUxI

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    • go2mars

      Now that JPM has their own licensed comex vault, and can settle shorts with themselves using SLV paper, JPM is unethically winning hard.

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      • pedro

        go2mars,

        can you explain further? what do you mean settle with themselves? are they going to intentionally sell themselves silver at lower prices when the market’s offering significantly higher prices?

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        • bdcs

          JPM is the custodian for SLV and the incredibly dense SLV prospectus allows custodians to partially use the silver through leases/borrowing/smelting-a-silver-dildo-and-fucking-you-with-it/etc (cf. “unallocated” silver). The conspiracy goes that JPM will use SLV silver (either shares or the bars, behind-the-scenes) to settle their silver futures (on which JPM is massively short) when longs stand for delivery. Eventually SLV will run out of silver if the longs come and pick up their silver via armored car.

          JPM is a bunch of fucks, and I think the conspiracy is probably true

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    • HalfBloodPope

      Never saw this movie but that scene was god damn priceless. “Never bet against a Sicilian when money is on the line.”

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      • Jakegint

        The line ends: “… when DEATH is on the line!”

        Princess Bride, one of the wife’s faves.

        ______

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  5. johnny2time

    I like this action in the Naz e-mini futures market. Nice buy spike with no sellers. We go higher!

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  6. checklist

    This IS a great day, everythings going full retard. I don’t think I will ever be able to enjoy half retard again

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  7. jmmpangaea

    Ok, sold my TER puts. You win.

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  8. Geoduck

    Grande is good, but how about we get a Venti for a really big day tomorrow!

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  9. Turd

    All was well in the PMs and crude until roughly 1:00 EDT when, suddenly, a sharp spike lower appeared. I called Lind-Waldock. “Any rumors of margin increases?”, I asked. “Nope”, was the reply because, of course, they didn’t know. How could they? But…someone did! Down went the metals through the close and down even further on the Globex. Then, at long last and after giving their friends plenty of time to sell, the CME issues a press release raising margin requirements on silver. What a frickin joke. Martha frickin Stewart can do a year in the hole for selling a couple of hundred shares of some bullshit stock on supposed insider info but this crap on the Comex continues unabated. Absolutely fucking sickening.

    http://tfmetalsreport.blogspot.com/

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  10. Jakegint

    Prediction: Fly will get back into OPEN.

    He just loves his restaurants too much to stay away.

    ________

    Stay tuned for tonight’s blog post for more…

    ______

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  11. xxxHuggieBearxxx
    xxxHuggieBearxxx

    I almost lost money today, nearly ending my 4 weeks of god-like perfection.

    but luckily, my investments in ridiculously boring oil gas and steel companies bailed me out.

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  12. Willie James Huff
    Willie James Huff

    Dis be da holy spirat I be tellin yall bout!!!

    http://www.youtube.com/watch?v=8luJfontVWc

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  13. Trading Nymph

    my fav quote from a Trader about Copper in China “Overstocked, overpriced and over
    soon.”

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  14. A Fugitive Monkey With a Head Made of Copper
    A Fugitive Monkey With a Head Made of Copper

    Are you saying the bounty on my head is going down?

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