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
23,419 Blog Posts

BURRITO’d

I think I broke my entire hand from punching the shit out of my desk. Fucking RENN tanked today on some article, written in the devil’s language (chinese), sending shares down as much as 10%. What is a person, such as myself, supposed to do when some fuckfaced article in Chinese is calling RENN a fucking liar? I had no choice but to sell and lock in a cocksucking 10% loss. Remember, I was +15% on this same bitch of a whore a few days ago.

The fucking Chinese are a disgraceful people. Shame on their house. I look forward to the day when US aircraft carriers launch drones on Beijing.

With the proceeds, I bought AG and EXK–lots of it. Fuck the world. I hope it blows up and erases all traces of human life for eternity.

I am a bit frazzled this morning. I wish I could write the word “frazzled” in squiggly letters, but I can’t–so this will suffice. Oh, boiler room JEF is getting its cock punched off. See, just when you thought you were having a bad day, some group of assholes are blowing up their franchise. Brighten up Francis.

With regards to JEF: it was down 20% on EUROLAND exposure. This whole thing makes no sense, at all. What the fuck is JEF doing with anything European? These idiots tried to be Goldman, but instead got eaten like a goldfish. Nevertheless, LUK owns 28% of JEF–just in case you were wondering.

Finally, I sense this mornings dip is complete. I need to do two things: 1. recover from this RENN loss. I am pretty sure I will accomplish “suchness” long silver. And, I need to make up for the sheer fuckery taking place in my singular short EXH. Isn’t that sweet? The company is HEMORRHAGING money yet goes full retard to the upside, while WNR yawns it our following great numbers.

The world is backwards and inside out. But then again, it’s always been this way. It’s just amplified when dealing with news events through stocks, which in turn makes us all big fucking drama queens, in one form or another.

UPDATE: I sold out of VXX

UPDATE: I doubled my NFLX position.

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14 comments

  1. drummerboy

    fig…anyway

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    • kidstock

      Do US equities become the security of choice for flight to quality $$$? US Corporations are the only ones sporting solid balance sheets…

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      • drummerboy

        as perception would have….at this particular moment in history, yes.

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  2. ckalt

    And yet after all the fraud people still claim that the market should trade at a P/E of 15.

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  3. HalfBloodPope

    LMAO at the ‘devil’s language.”

    This blog is truly deserving of the Pulitzer for the ‘online journalism’ category.

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  4. alexzander the greek
    alexzander the greek

    gawdamn , get rid of this seller in the SLV
    and it’s winner winner

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  5. MarshalN

    Does your kids’ school have Chinese classes? They might be able to read it for you in a few years

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  6. TraderCaddy

    Market is not tradable- daytrade or swing trade.
    The TradeBots are faster than fingers on a keyboard.
    Notice how things have gotten even crazier since the Kardashian divorce filing.
    The skank must be moving to Greece.
    Just going to pick some of my tangerines and take a nap. Let me know when the civil war breaks out that Che 0bama needs and wants.

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  7. Yabollox

    Just put everything on one crazy bet with maximum leverage. Either you go banko or billionaire!

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  8. J

    There sure is a lot in this thread to consider.

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  9. vortex

    $GSVC is the man today. I have doubted a little bit in the past but not anymore. Thanks Fly for it.
    Still have $JASO, $FXEN, $MWW and bought a little of $TZA, just in case it blows up.

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  10. William

    We live in a world where blogs like ‘zerohedge’ wield unreasonable power over stocks. JEF today = MS a month ago; both on ZH blog putting out information flat out wrong (gross exposures vs. net). Egan Jones on CNBC trying to walk back their damage to JEF after a one notch downgrade on soverign exposure (looking only at the asset side of JEF’s balance sheet and ignoring the $2.6B short sovereign exposure).

    We live in a world of idiots. Trade carefully

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  11. TeahouseOnTheTracks
    TeahouseOnTheTracks

    Vegas’s four figure trading account must have gotten Draghied like his cock from said cactus fetish … still pulling the thorns out and awash in red … “Mums” the word but silence is Golden!

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