Friendly Reminder

I want to take this opportunity to remind my readers, especially the new ones, that I do not write on iBC for your benefit. As a point in fact, I hate you and wish that you’d go elsewhere. Do not think that “The Fly” is your personal financial advisor, not even for a solitary second. I am simply documenting extreme winship, on an industrial scale, so that future generations can look back upon these hallowed grounds and say “holy shit, that guy was ‘Gretzy housing’ it.” Like ancient catacombs or nonsense scribbled inside of pyramid walls at Giza, people will come back to iBankcoin and learn how the 21st century lived. There will be college courses designed to study “advanced history of the interwebs” using iBC as its only example.

One of you little faggots complained about X, U.S. Steel, being down $1.50 today. Full disclosure, I am down about 9% on the name and might sell it. That’s part of investing: you win some and you lose some. Thus far, 2011 has not been a very profitable one for me, aside from my personal aggressive account where I invest like an crack head. For managed accounts, I am up about 10%. Within some of my current positions, here is my unrealized percentage gains and losses:

WNR: +16%
OXY: +2%
VCLK +4%
MWW +13%
FORM +3%
X: -9%
ALJ: +3.5%
MOTR: +1%
CVI: -4%
SHLD: +4%
CY: +1%

The above names are the lionshare of companies discussed here on my bloggie. If you should happen to only own X, well then, the odds of having a “down Fly stock” is 2 in 11. An objective party might surmise that you, as a point in fact, are an unlucky jackass. To come here and besmirch this holy temple is equal to destroying ancient artifacts or BBQing near extinct animals, when we all know they should be sautéed.