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
23,427 Blog Posts

Unprecedented Greed

“May I have the eggs benedict with a whole ham and a side order of three pounds of mashed potatoes.”

Okay, I’m not gonna get carried away and suggest we are trading like we did back in the dot com era. That’s cliche already. However, this is simply astounding, surreal; and frankly, I find myself flabbergasted by the intensity of this run. I’m mostly in cash, but up 18.5% for the year, yet I feel like I am somehow missing out.

Do you realize how absurd that is?

This is the beginning of February and if I would have been 100% invested the whole time, without a doubt, I would have been up around 25-30% by now.

What do I know? I am simply a modest man, inside of the time machine, zipping through wormholes in outerspace. The vagaries of my habits have gotten me this far, albeit I am a bit weazened by the trip. Nonetheless, I take solace in the bedevilment of the shorts, always trying to break things with their crooked fingers and triangle shaped heads. Even though I am all but a spectator, a SODA man of sorts, I cheer for many of you like a Father on the sidelines, at his son’s first football game.

I own just two stocks, very simple and to the point: SODA and CPST. They are both advancing and making me money. I could be making significantly more money if I had the gumption to spit in the face of risk-reward, like many of you: but again, I am only a modest man, master of shadows and space-time continuum.

Many of you have emailed me, with questions about how I make money. At first, I discarded such emails as intrusive dross; but then I had a change of heart and decided to show you my methods.

BEHOLD:

[youtube:http://www.youtube.com/watch?v=JDCG0yHFupo&list=HL1328287413&feature=mh_lolz 603 500] If you enjoy the content at iBankCoin, please follow us on Twitter

62 comments

  1. JTU

    I am selling into this rally!

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    • Paul Redeker

      You will be leaving HUGE future gains on the table. Watch Mad Money and believe…

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      • dr.J

        i like fast way to looze money crowd,they can lose coin quicker than cramer can

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    • Reagan12

      no aologies needed for booking profits in this market…Senor has taught us that much

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  2. xxxHuggieBearxxx

    disgusting.

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  3. JTU

    My small position in TZA is sucking cock while my PWER is more than making up for it!

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  4. TeahouseOnTheTracks

    Bull Flag on 15 min chart for AMSC … Ready to bust another move

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  5. J

    Developing?

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  6. J

    lol it’s there now.

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  7. OG

    ZNGA. Wow.

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  8. drummerboy

    day old bread at Le Markeet centre

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  9. Quint

    It’s 1995 all over again…this market strong like bull.

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  10. jg

    while this is certainly not ’99
    its not “get your 40” either

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  11. silentmax

    plenty of time to sell when the time comes. for now enjoy the ride to the stratosphere as we go full retard on the upside lets gooooo

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  12. Goldie

    I been long since Thanksgiving and have not sold anything besides a few AMZN calls I bought for a trade back in Jan.

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  13. jg

    42 views. wow. page views must be analyzed in relation to subsequent returns!

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  14. Quint

    Site traffic on ZeroHedge must be collapsing…

    And where did all those people comparing us to Japan go???

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    • Andy

      I would bet ZH traffic is pretty decent on days like today when Rush Limbaugh is quoting and referencing ZH the entire first hour of his show… lol

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    • Dr Funk

      I said it before. Eye of the storm. How do you know we’re not in the MIDDLE of the next bubble, becoming Japan, and the illusion of illegitimate growth

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  15. CASHN1N9

    My momma used to say, enough is enough don’t be greedy…

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  16. xxxHuggieBearxxx

    HuggieBear is dead. How can i bring myself to exit these short positions when we are as OB as we are….this vexes me.

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  17. Plantis

    Yo Fly Why did u sell GSVC so Soon!?

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    • OG

      I’m asking myself the same question…

      At least we won’t hear from those whiners that said he bailed on the stock now.

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      • The Fly

        Because I owned several hundred thousand shares and needed to get out when the stock was liquid.

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      • drummerboy

        why keep pouring salt on a wound.who cares.how many times has we sold somfin and the bitch took off. wont be da last.

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  18. Toronto Trader

    Rocket….To the Moon!!!!

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  19. drummerboy

    saw that show with david blaine.ever see him levitate ? the best.peoples’ reactions are the best though.

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  20. Quint

    Why are people surprised that the market is up 11% in 30 days?

    This past summer it fell 17% in 16 days…don’t people remember anything?

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  21. Full Retard

    Even though I bet like my pseudo-title, up 27% this year, I just sold all. 100% cash.

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  22. G money

    David Blaine $100 bill y’all !!

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  23. drummerboy

    still dyin on da mashed taters,she keeps axin me why i’m belly laughin

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  24. BullRun

    Anyone buying TVIX today…lol

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  25. Mr. President

    HOW YOU DID THAT?!
    HOW YOU DID THAT?!

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  26. 'merica

    Just bought some VMW. Last time I did that it dropped 12% the next day because of fuckface oracle. But oracle can’t report their horseshit results and ruin the party now can they?

    I’m buying until this shit starts going down sizably.

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  27. ruggyup

    With this thundering herd of a market it is an orgiastic delight to have SILENCE from Big Alf or, whatever the fuck his tag was.

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  28. Trading_Nymph

    I wonder if I am the only Bear left in the world? Anyway, Greece may have problems with PM next week and I bet BoE and ECB won’t be so giddy at their meetings now that our NFP spiked the market. We are at the resistance points of last years rally failures..China Import/Export data should be weaker next month…just will sit and take pain.

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    • BullRun

      What positions are you holding girl?

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      • Bullish

        She prefers riding 3x leveraged bear etfs to their graves… Don’t bother.

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      • Trading_Nymph

        Drr, SMN, FXP and in smaller tracking amount VXX and FAZ…hedged with Gold ..yes,I know these ETF’s are the worst to use, but I need to keep the training wheels on due to the fact I don’t own a space ship.

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        • Mr. Partridge

          TN,
          you know these are retarded even if you nailed the trend.
          You should not be holding these products and in no way they can be traing wheels.
          JMHO

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        • Bullish

          What do training wheels and flushing money down the toilet have in common?

          Odd

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        • Po Pimp

          I told you to cover at 1100 last summer.

          Go buy a CD and get your 1%. It’s better than what you’re doing now.

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  29. JTU

    Fly are you holding on to your TZA in your personal?

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  30. JTU

    Shorts are getting their nuts crushed with PWER and MOTR!

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  31. Raul3

    I just tried really hard to sell a position. Any position. I can’t…too much upside opportunity in the individual issues.

    It really seems like I should be selling up here.

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  32. LD

    Makin’ small profits but whenever a stock dips enough, I’m out of there. I fear this party ending abruptly and all the partiers rushing for the exits.

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  33. Mr. Partridge

    Canadian $ is popping hard

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  34. RippinTIts

    GSVC is up about 35% since I bought it upon your recommendation. I am cashing out my gains and buying a custom made bird hunting shot gun with it. Cheers!

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  35. chuck bennett

    tea bitches,

    tea

    regards

    chuck.

    ps. fuck GSVC, i’m almost out. double F SVVC. I’m out and very sorry for being out. dam apes.

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