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
23,470 Blog Posts

IT’S MARGIN CALL TIME

It’s time to teach you dick-suckers a lesson. “The Fly” rode into the bell atop a fucking TZA steed, slaying civilians along the way with his jousting lance. Take your lessons from the pinless hand grenade action in both GLD and SLV today. That is coming to a theatre near you and your money is going to be transfeured to me.

How so?

Well, for one, I have a cash horde of 65%. I’ve been plotting and scheming (in that fucking order) for the better half of a month now, with designs on buying margin liquidations. I believe the time has come for such an opportunity to present itself, AND MORE. Starting with the beastly men who are long both gold and silver: I will henceforth buy your margin calls without regards for your financial well being. Then I will swoop in and purchase the forced sales of oil and gas stocks. It’s all coming to a head soon and yes I am BROKEN CLOCK trading here, afforded such a decadency due to prudent investing, conservative with time and price.

On the long list, aside from margin call shit, is BID and TDY, both fine companies in both prestige and societal importance.

For the duration of the evening, I will drink Earl Grey and hit The PPT hard for some potential buying opportunities, in anticipation of a grande blood letting event.

[youtube:http://www.youtube.com/watch?v=Su4gQ46FjTs&feature=related 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

62 comments

  1. The Zombie

    The Fly is God.

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  2. Marc David

    Are you saying you are going to watch that movie a 2nd time?

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  3. Yogi & Boo Boo

    Indeud…

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  4. CASHN1N9

    Did u guys see that @ the close, fat fingers in action… It is coming, it,s coming…

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  5. NC DJ

    WNR!

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  6. William The Conqueror
    William The Conqueror

    Obviously, the “blue bloods” were forced to quit spending too. Check BID revenue numbers. Welcome to the jungle baby.

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  7. Belly of the Beast
    Belly of the Beast

    True story: David Bowies’ real name was Davy Jones, but he had to change it because the other guy was so famous at the time.

    Fitting theme song for a S.A.M. :

    http://youtu.be/4B5zmDz4vR4

    .

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  8. RosenRush

    Did you catch the opportunity right at 2 when volatility momentarily crashed down? It presented a nice opportunity, along with another around 3:30.

    I am surprised volatility was so “calm” today; I interpret that as a sign of the complacency that remains, as people likely figure that “my stocks will get it back tomorrow” and aren’t protected.

    TVIX back to $18.50 by the end of the week!

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  9. older than dirt

    BID after hours would have Edvard Munch redoing The Scream into The Bed Wetter.

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  10. Hack

    0bama is an Indonesian after all with a fake SS# attached to the wrong address. Funny, if he had applied to work at McDonalds he would have been turned down.

    http://www.wnd.com/2012/02/media-finally-paying-attention-to-eligibility/

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    • peaches

      I can’t get a 15 cent dividend paid to me without my social security information being validated and we still have people who think Obama made it into Harvard Law, the U.S. senate and then the White House with a bogus record? Shit if he made it that far with a fake card the system must want him there right? Just come out of the racist closet already… Serious apologies to The FLY for having to post on such a frivolous topic.

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      • Blind Read Ant

        Peaches, dive into a concrete mixer truck already.

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      • Jenkins

        Your assignment for the night is to think of reasons, other than racism, why a guy who was raised for several years in Indonesia, has a Kenyan father, and whose mother traveled to Kenya regularly right before — and perhaps during — his birth, who won’t release college records that would reflect Indonesian citizenship, and who has a SSN corresponding to a Connecticut address despite no record of having lived or worked there, would have his place of birth or citizenship questioned. I honestly don’t know whether he’s legit or not, and I’m not a racist. What I do know, though, is that he’s not forthcoming about any of this, the media doesn’t challenge him on it like they would a Republican, and he hires armies of lawyers to spend millions of dollars trying to avoid responding to these kinds of issues. I’m not even a “birther” — like I said, I don’t know where he was born. He should be more forthcoming, though.

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      • Sam

        Word

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    • Testicules

      Golfer’s revenge was better

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    • Cascadian

      Dude he was born in Hawaii. There’s no doubt of that.

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  11. No One

    It’s boner time.

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  12. Rick

    Significant distribution day on all major indexes and small cap. indexes. Should see some weakness in coming days, now all the “good” news is in.

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  13. TraderCaddy

    The passing of Davey Jones reminds me of my yout(no”h” for those in the Joisey).
    I had an electric Fender knockoff guitar and was in a band for about five weeks. We were pretty good at The Monkees theme song (Hey Hey we are the Monkees…),some Turtles, and some Paul Revere and the Raiders (Kicks, Steppin’ Stone).
    I wore either a tan Nehru Jacket or a paisley shirt with bell bottom jeans.
    We had one “gig” and that was at Sharon Taylors party.
    That didn’t last too long.
    I decided to concentrate on my tennis and school studies-I was a good boy and not cut out to be a hood in Beatle Boots.

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  14. Blind Read Ant

    Gold gravity sludge. YES! My short has treated me like a certain ex who always had my wallet with her.

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  15. Testicules

    Let’s see what what CHINA does tonight (Mfg PMI)

    Overnight we have British PMI as well, (mixed) and
    in the A.M. US employment claims exp. @350<— let's see if that hits 340…,
    U.S. ISM mfg PMI ( I say it gets better)
    and the smoke and mirrors magic show will continue

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    • Trading_Nymph

      china actually had 2 PMI’s, one was below flash and the second was stronger MoM. We also get many PMI’s from all around the world tonight, not just UK..

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  16. Handlebars

    Police want to talk to rapper Rick Ross about a murder that took place in front of his Miami Gardens home this morning.

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  17. JTU

    It will be interesting to see if the goldbugs bought the dip near the close today. I wouldn’t be surprised to see a bounce in gold and silver stocks tomorrow.

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  18. GoldDiggah

    Gold, are you kidding me! Actually made money on the bounce off 1705, but the action was sick. Glad I’m not a position trader there, that is “lose your house” kind of action. I can’t even imagine what those commodity brokers are doing tonight, holly margin calls batman!

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  19. older than dirt

    China, North Korea, Rick Ross, David Bowie, Obama, WTF next? It’s Leap Day in a Leap Year, get thee to a leaping house.

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  20. Belly of the Beast
    Belly of the Beast

    WNR up another 2.2% AH, usually it’s flat …

    http://youtu.be/8cnICh7-pbQ

    .

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  21. Whaler31

    The whole presidential birth certificate thing has been bizarre from day one.

    Why did the governor of Hawaii, Neil Abercrombe, INSIST it didn’t exist, that it was not there, then flip-flop three months later?

    Why did the white house finally release what turned out to be a heavily photoshopped birth certificate, well over two years after the election?

    Why didn’t the republicans in congress look into it more? Were they afraid that the dem’s would play the race card? (We know 0bama never does that)

    Why did 0bama try and use a fraudulent document to have his name placed on the 2012 presidential election ballot in Arizona?

    I think the decision by the D0J to terminate Joe Aripiao (0bi & H0lder) may come back to bite them.

    I have been a long-time supporter of Sherrif Joe, who actually enforces the law (go figure!)rather than “look the other way”

    I am sure Trump will get behind this one, too.

    It’s about time.

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    • Mau Mau

      WTF!

      I don’t care if you get the Donald and all the other important people in America behind you, I didn’t vote for no Indonesian.

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    • peaches

      I cannot wait to finish my double major and meet some of you strange, strange individuals.

      An unknown Indonesian terrorist organization managed to sneak a member into the government of the most powerful government on the face of the earth, and then have him elected President in order to?
      and the best part is we are counting on the guy from the apprentice to figure it all out for us? Oh… and “Sherrif Joe”

      Forgive me, for I simply happen to have faith that our government (as well as the Ivy League institutions, considering their reputations regarding admissions policies) would manage to elect an actual native born American citizen to the highest office in the land. A long shot right?

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      • Blind Read Ant

        Corruption? Why never! http://goo.gl/6YveF

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      • Jenkins

        I’d point out the myriad indicators in your post of your “double major” being offered at the University of Phoenix, but I just don’t have the time.

        Like I wrote above, there are a lot of legitimate questions here. I think crazy conspiracy theorists are to be abhorred, but I feel the same way about media that treats members of one party much differently from members of another.

        I don’t think there’s any grand plan by a terrorist organization to get Obama in office, or any other ridiculous straw man that you could dream up. I do, however, believe that there’s a good chance that Obama was born outside the United States. I’m not sure that’s the case, but there is a great deal of smoke here. It’s not being dug into by legitimate news outlets, and Obama’s handlers are, of course, portraying anyone who would want these issues looked into as part of the lunatic fringe. If Obama was a Republican, I can guarantee that no stone would be left unturned.

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  22. peaches

    or did this black Indonesian pull it all off for kicks? That must be why IDX is so popular.

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    • Frog

      Conspiracy theorists are madly in love with their conspiracies, Peaches. Nothing anyone can do to change that. They live in what Bill Maher calls a fact free zone.

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  23. FrankWhite

    I shorted all 500 s&p stocks at the exact highs of the day today. You’ze can all suck my ballz.

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  24. JTU

    Oh look! Gold and silver are up after hours! We may not get that margin liquidation.

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  25. Maia Villaverde

    Utterly pent content material , appreciate it for selective information .

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