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
23,441 Blog Posts

The Fuckbook Strikes, Yet Again

Facebook is hitting new lows again. Clearly, their CEO, Mark Fuckerberg, was not ready to be “Pearl Harbored” like this. Nonetheless, he needs to make a statement, say something, else his stupid stock is going to continue to “inverse QE” America. As for Margin Stanley, someone should be fired for this. This was no ordinary IPO. This was the fucking Facebook IPO and now everyone is laughing at us (please, tell them to stop laughing at us!!!).

The CEO of Margin should be fired. The head of the syndicate should be fired, alongside a dozen others. It is unbelievable to me that the board of MS is just letting this go by, as if it was a small trading error.

Pssst, come close to the screen; I want to tell you a little secret:

THE FUCKING FACECROOK HAS LOST OVER 25% OF ITS MARKET CAP IN A SINGLE WEEK!!!!

You cocksuckers at Margarine Stanley are complicit in the unraveling of an entire industry. You’ve injured me directly with YELP turning into ashes, post ipo. Who would have guessed it, aside from all of the haters.

The problem with haters is they hate too much. It’s like the boy who cried wolf. No one believes you because you complain too much.

At any rate, the market is a buy down here because the alternative is too grim, too burdensome on the working class. Let there be light now — or 100 years of uninterrupted darkness. (As you know, the night is dark and full of terrors.)

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49 comments

  1. jg

    fuckerberg hahahhahaha

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  2. Juice

    I got schtopped out of my 1st FB try at 32. Trying again here in the low 28’s.

    Tim Knight had a funny regarding FB etal

    http://slopeofhope.com/2012/05/americas-most-unwanted.html

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  3. kelkun

    Yep, my point exactly. No need to worry about the alternative because we’ll all be dead.

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  4. Le Montrachet

    didn’t you have 40% of funds or some such amount in YELP stock?

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  5. halfbloodpope

    I have been half decocked by $YELP selling out at -25%. Just refer to me ‘wee little’ from now on until I redeem myself.

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  6. Keith

    $vhc is flying higher

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  7. acehood

    Yelp is the rare stock where its holders make the same sound as the ticker.

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  8. 4fl3x

    What the cock is this shit?

    Please delete this post and try again, this time with a positive mental outlook.

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  9. JohnRotten

    About time you woke up. APPL and MNST trying to make a move. Just need your Push…

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  10. Gent

    Blowtorched in the face or zombie eating your face off take your pick

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  11. theedge111

    Interesting piece here. Apparently 40% of social media accounts are spammers.

    This looks more and more like just another Wall St created bubble with zero fundies.

    http://www.businessweek.com/articles/2012-05-24/likejacking-spammers-hit-social-media.

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  12. Joe Dirty

    This Fly is not the same Fly. Who wrote this. Your writing is all wrong. Best of luck with the blogging.

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  13. The Eye-Talian Stallion
    The Eye-Talian Stallion

    Zuckerburg just announced a new name for his company.

    FacialBook

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    • Captain Anarchy
      Captain Anarchy

      It would not at all surprise me if, privately, Zuckerbro et al referred to the IPO as “the money shot”

      Kinda appropriate when you look at it.

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  14. ZeeNits

    Quit blaming Facebook for your YELP disaster. Newsflash! YELP would have tanked with FB’s help. It’s just another over valued, over hyped stock that has no business at a BILLION dollar cap. Face it fly, you done fucked up. It will be a long time before that POS see 20.00. See you at 10.00

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    • The Eye-Talian Stallion
      The Eye-Talian Stallion

      It is entirely possible that YELP will have a busted IPO. The problem with this is that is can go down another fiddy percent afterwards. The reason is that the underwriters always increase the amount of shares offered or boost the price or both. The CEO’s are greedy and are easy prey for the bankers. The employes under lockup are left hanging in the breeze.

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    • The Fly

      What do you know? You little pissant

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      • The Eye-Talian Stallion
        The Eye-Talian Stallion

        I’ve been through four IPO’s. Big ones. I know the CEO’s the VC’s and bankers. The CEO’s are mainly smart guys who had a great idea but who have a business IQ of 75. What compounds the problem is that when the CEO stumbles and makes a mistake, then all hell breaks loose. Zuckerberg is smart to shut up and not make any decisions, he’ll have plenty of time for that later. As for YELP it was a great investment that day I saw it hit 32, then when it tanked the first time I got out, I’ve seen the end of the movie, it sucks.

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  15. fomoiri

    What do you want schmuckerberg to say? I got mine and you got yours where the horsefuckers roam, now STFU? Anything more would be false modesty.

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  16. ZeeNits

    Should have read “tanked without FB’s help…”

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    • Caffeinated

      We were ignoring your under-performing writing the first time

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  17. Mahhhonkey

    It’s been amusing to watch LE FLY kick, scream and whine as yelp continues in tankage to single digits where it belongs. LE FLY gettin bitched slapped like the cocky bitch he is. Love it

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    • The Fly

      Banned

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      • Mr. Cain Thaler
        Mr. Cain Thaler

        If only we had some sort of public area; something like a type of stocks or a pillory, where we could hang these unsavory characters while making them susceptible to public humiliation.

        Oh wait! We do!

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  18. halfbloodpope

    I got Facefucked (definitely homo) and tried to scream but could not manage to even get out a YELP.

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  19. Hedgehawgs

    I’ve followed Fly for a long time and his batting average is top of the league. Can’t get them all right. YELP is one that he clearly got wrong. So what? Move on.

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    • mrkcbill

      Got Wrong?….he gave followers a ride from $22 to $31, what more can you ask. Hindsight is 20/20 of course he would sell it . Just like YHOO would of sold to MSFT at $34

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    • Greg

      AAPL at 601 ,YELP FB

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  20. Steve Place

    AMZN got cut in half during it’s IPO back in ’97. It’s been done before.

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  21. Flicker

    Fly… What is The Zuck suppose to come out and say. “This is the Zuck and stop selling my stock or I’ll cry”. Jeez it’s just a fucking mess. The stock will turn. Who knows when?

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  22. TraderRick

    Assume crash position. Long EUO, TZA, FAZ!

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  23. noodleboy

    Its not just social media stocks that are getting fucked

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  24. TJWP

    But we also know that winter is coming.

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  25. Mark

    Faceblood.

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  26. Cascadian

    FB may go the way of MySpace, or maybe not. In any event, FB needs to generate $10 or so Billions in profit to justify this price level. Maybe they will someday. i think once the ads get annoying enough psople will switch off to some upstart alternative social network. YELP to me is worthless, full of phoney reviews, spam and paid promotion.

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  27. djmarcus

    whend u become a game of thrones fan?

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  28. Jenkins

    Looks to me like YELP has been in a declining channel since late March. Bottom of that channel is at around 14.25 right now. I hope for the sake of longs that it instead double bottoms here and takes off a bit.

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  29. smerdyakov

    After I got shot in the face on the FB IPO (RENN, YNDX, etc.) I got out of all my social media and began shorting the shit enthusiastically: everything even tangentially related to facebook was given a 20%-50% facebook premium and when it failed to set the markets on fire they all tumbled by at least that much except for LNKD who has their own shit going on. We may have eaten through the “facebook expectations” buffering now, but it looks like that’s going to happen just in time to see an overall bear market with a slowing China, imploding europe, political tension and fake US jobs numbers.

    I mistimed a lot of my puts so I’m not as happy about it as I should be, and I’d like to be in cash but I’m just too fucking stupid to not blow up even when I get the fundamentals right.

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  30. Greg

    IT’S ALL THE IN CHARTS STOP BITCHING OUT FACEBOOK , IF YOU WOUKD READ CHARTS YOU WOULD KNOW

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