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
23,471 Blog Posts

Sell in May?

I know this is not a very apropos storyline, ahead of today’s “fuck you Osama, you’re dead” rally. However, the numbers are outrageous, when discussing the prospects of selling stocks in May. One of you little toilet bowl cleaners will fish out the data and post it in the comments section for the rest of us. In the meantime, I am going to walk around the office in my regal blue and gold cape.

This is first class blogging here pal, not that slave shit that you’re used to elsewhere.

With regards to stocks: they’re going up, with exception to silver. Maybe we need silver to trade lower in order to mass produce silver bullets. As you know, werewolves are out there, waiting for a full moon to appear so they could eat our faces.

At any rate, you are all very boring to me. Maybe I will visit some low end Hyundai dealerships today and haggle with idiot salesmen over prices, just for shits and giggles. I will go on test drives and claim the “the fucking steering wheel nearly came off. I want free floor mats with purchase and a 0.05% apr.”

Top picks: WNR and werewolves

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57 comments

  1. Quint

    Gotta love those Hyundais…they’re screwing up the US, German & Japanese auto industries given how cheap and reliable they are.

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    • Baron de Rothschild
      Baron de Rothschild

      Funny how everybody laughed at Hyundais and Kias a few years ago, and now those Koreans are making the best cars. I love the whole haggling process of buying a new car, but after owning it a couple of weeks, I no longer give a shit about it. The hunt is exciting. The dead animal, not so much.

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    • Wolfgang

      Perhaps you should check Mercedes sales in China – as many as they can make. Koreans may be a better buy, but lack the tri star on the hood.

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  2. moolaheaven

    Fly RUUUUULES baby!!!

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  3. mrkcbill

    Get your share of the billions

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  4. ruggyup

    Any bin Laden market rally will have a half life of about 10 hours. Besides, you have to suspect the casino czar with the page boy haircut is sure to vomit, “how do we know bin Laden is really dead?” Where’s the body? Oh, buried at sea you say. Prove it. Hey, Trump my trumpet.

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  5. HalfBloodPope

    I always thought Fly worked from home while eating cereal all day.

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  6. JakeGint

    Updated my “Econ 101” post, now with special Newly Holey Obama commentary!

    And yes, that spelling is correuct, ser. (sic)

    ________

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  7. JakeGint

    Finally saw “The Social Network” last night after being dragged kicking and screaming to the LED screen (we PPV’d it) by my wife and kids who’d heard it was “great.”

    I can say this — it wasn’t as bad as I feared it would be. In fact it was kind of oddly touching at times. Just really weird realizing that this “historical” drama was drawing off actual facts that were spooling out only months ago.

    I was thinking to myself… “how the heck did they get the lawyers to pass on all of this?”

    _________

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    • JakeGint

      I was also thinking about how the young misunderstood Zuckerberg reminded me of someone I know…

      😉

      __________

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      • Quint

        I surprisingly liked the movie as well.

        Although Zuckerberg is going to have to bring in a real-time CEO before they go public or Wall St will chew him up and spit him out in short order.

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        • JakeGint

          Yeah, quasi-Aspberger’s cases should not be running $30bn companies.

          I had no idea that Napster weasel was involved in the deal… where the hell did his dough come from? I thought he was penniless?

          ____

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          • Frog in Dynamite Stick Car with Lit Candles
            Frog in Dynamite Stick Car with Lit Candles

            From the movie, it looked like he still had his connections and reputation, which can end up being worth some money. A person with great connections can easily live off of borrowed money until his connections help him to get the real money starts flowing in again.

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      • Indie

        If you liked Eseinberg acting, you might enjoy this Noah Baumbach movie called the squid and the whale. I personally, absolutely adore this movie. it’s about being a teen with divorcee parents in the 80s. it’s not war of the roses bs 80s movies. the directing reminds me a bit of Wes Anderson (if you like his movies) without the fetishism. rebert got a detailed review of it.

        http://www.imdb.com/title/tt0367089/

        http://en.wikipedia.org/wiki/The_Squid_and_the_Whale

        http://rogerebert.suntimes.com/apps/pbcs.dll/article?AID=/20051103/REVIEWS/51018003/1023

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  8. WTF

    Well, I guess the conclusions were hasty. After the news everybody realized that Mr. Obama is gonna stay for 4 more years, which subsequently means more damage will be inflicted to the US economy. The market has discounted this outcome, hence no rally. Did I miss anything?

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  9. SAC Monkey

    Geez…you guys ever hear of buy on the rumor and sell on the news? Ralley comes 4 to 7 days later. For trading.

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  10. WNR BWWAHAHAHAHA
    WNR BWWAHAHAHAHA

    WNR = LSR.

    That is all for now.

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  11. Osama bin Laden
    Osama bin Laden

    Fly do you have any theories on why the recent string of e-board sells (http://www.gurufocus.com/news/130426/western-refining-inc-wnr-chairman-of-bod-exec-chair-10-owner-paul-l-foster-sells-127500-shares) ? Also, I would you please explain how this fits into your strategy (I’m genuinely curious not being sarcastic)?

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    • Spooky

      you mean the same Paul Foster who has sold the same 42,500 shares of stock with his automatic disposition plan every month for basically forever, and still has almost 28-million shares? Who knows maybe WNR got all hedged and shit like VLO and it will be a disaster, but I dont think the insider selling will be the tell.

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      • Spooky

        Hey I don’t who’s spooking my Spooky, but the above spooky is not me.

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  12. Frog in Dynamite Stick Car with Lit Candles
    Frog in Dynamite Stick Car with Lit Candles

    Don’t look now, but silver may end up going back up too, pretty soon. Has recouped most of its loss from last night.

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  13. Bullish

    Wait a minute, I just realized something… Erin Burnett is still on CNBC. Was that some kind of late April Fool’s joke on Friday?

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  14. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Moving my 401k to cash today….sell in May, indeeed.

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  15. Yabollox

    OXY is off to the races.

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  16. Po Pimp

    chessNwine said “Sell in May” would not be appropriate this year so I’m going 100% full-retard long. If he’s wrong I’ll sue him for damages. Can’t lose baby.

    I kid.

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  17. Mort Duke

    Very funny indeud!
    LMFAO!

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  18. A Monkey with a Baseball Hat Full of Silver Shit from the Royal Wedding
    A Monkey with a Baseball Hat Full of Silver Shit from the Royal Wedding

    Silver (and Gold) will close up at the end of the day, it is unstoppable. Paper currency is so, like, yesterday. Even poe people are wiping their ases with it.

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  19. Po Pimp

    I’m happy as shit that bin Laden is dead, but the pictures of people cheering in the streets perplexes me ever so slightly. It reminds me of shitholes like Libya / Iran that celebrate when death and destruction come to one of their enemies. I would think we would be a little above their level.

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    • Osama bin Laden
      Osama bin Laden

      Agreed

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    • WTF

      People are retarded everywhere, there’s no reason to believe US average Joe is that different.

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      • Go2mars

        Higher average IQ’s. But there will always be morons whooping like monkeys from below the standard deviation.

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        • riggedgame

          Like the idiots at golf tournaments that yell “IN THE HOLE!” as soon
          as the ball is struck. I’d like to strangle the summbitches.

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          • A Monkey with a Baseball Hat Full of Silver Shit from the Royal Wedding
            A Monkey with a Baseball Hat Full of Silver Shit from the Royal Wedding

            We should nuke Pakistan for harboring our numero uno enemy while they take our aid money….we’re idiots.

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          • heaterman

            One of the better suggestions I have heard in a long time………….

            I might add that we should do it doubly so should Al KaKa manage to mount some retaliatory or preplanned response to Bin Laden’s most excellent demise.

            Double tapped.
            In the face.
            Nice to know the last thing he saw was a smiling SEAL looking down barrel at him. …….

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  20. Mick

    when are shorts gonna cover on wnr… apparently not today

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  21. Martin

    Why would they cover at this price?

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  22. Colonel von Ryan
    Colonel von Ryan

    The market went up a little to much so it’s time for a breather…I’ll be buying bonds…

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  23. Kwame Brown

    Step up the jams WNR.

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  24. Trading Nymph

    OK, nice day so far…I actually thought last night that Bulls could hold 1368 for awhile just to cause me more pain. On my radar, my Gay Australian Dollar has a Rate Meeting tonight, fwiw.Plus, China is coming back from holiday, The China Govt has been bitch slapping their Markets when they return from time off almost every time recently to slow down inflation..the giddy little girls have been buzzing about a possible rate hike tonight, but they could do something else also….so on radar.

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  25. Mick

    seems like this is only board that likes wnr…. looks very bearish make lower lows

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    • Drowning in Oil
      Drowning in Oil

      Exactly. That’s why I won’t be getting in it. That is until the pikers following Fly puke out.

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  26. The_Real_Hmmm

    Bought POT 57.50 weekly calls at $0.42 and more XRTX common. Ag is going up this week with IPI reporting Wednesday.

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  27. jjjsix6

    Bought my WNR lotto ticket for Thursday’s drawing.

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  28. discoordinated
    discoordinated

    just bought WNR at 16.65 very surprised to find it there. My CCJ exploded today!

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  29. discoordinated
    discoordinated

    I see MOTR buying interest starting now up into the earnings call tomorrow evening.

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  30. Devin

    I laft.

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