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
23,468 Blog Posts

Waiting For The Clam

We’re all waiting for The Bearded Clam to come out and snap the dicks off short sellers. If so, why the fuck is gold and silver lower? Nevertheless, silver stocks are in the process of bottoming here. Should Ben print some crack cocaine on his 3-d printer, EXK will gap–the fuck—higher.

It’s humorous to me that Egan Jones just downgraded the debt of Knight Capital, following this morning’s absurd buy programs gone buck-fucking-naked-wild. Mr. Jones is an opportunist of the first order, a man on stilts trying to pretend he is tall.

As an aside, the retail investor enjoys “flash-surges” to the upside, especially when they trigger buy stop orders for their hedges on Fed day.

VHC looks like its bottomed, finally. The PPT flagged that motherfucker to be OVERSOLD the other day. I should have bought and could have and would have; but I was too God damned busy fine tuning my orbital space cannon, aiming it at a small obtuse town in upstate New York.

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51 comments

  1. The Zombie

    The Fly is God.

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  2. Donkey Arbitrageur
    Donkey Arbitrageur

    The headlines will be all “ready and willing” but will not have anything of substance. They are still in wait and see mode, with a side of “disastrous possibilities lie dead ahead, so save ammo.”

    Regardless of how hard the flocks of retards bang on their keyboards in their playrooms.

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  3. Multatuli

    Why “POOF! Gone” on stocktwits, Sir Win-A-Lot?

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  4. clegger_2000

    You operate the cannon yourself? Shouldn’t the prime contractor do that for you?

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    • The Fly

      You are correct. Normally, I’d have the “prime contractor” do it for me. But due to the complex nature of the lasers involved and for legal reasons, I opt to operate it myself.

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  5. vking

    Sold my little baby position in DDD…Did their financing and it wouldn’t surprise me if they did another one soon…

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  6. Jason

    It was Algos and Tradebots gone wild this AM. The market is a casino serving the insiders. Retail investors are gone forever while the SEC watches porn on their computers. This video explains what happened this AM.
    http://youtu.be/dOO9XxH5Nyo

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  7. The Eye-Talian Stallion
    The Eye-Talian Stallion

    DVN, KCG and COH are getting snapped up at my broker…

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  8. Trading_Nymph

    Little US Dollar, are you ready to do Battle against the Clams of the world??? It’s Mortal Kombat time…and yes, Weidmann you can come too.

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  9. surplusdroids

    Uh oh. Sir Fly, can you tell us which town?

    I am from a small obtuse town in upstate NY. Perhaps I should up my homeowner’s policy or risk home vaporization?

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  10. 4fl3x

    “VHC looks like its bottomed” pfft, don’t kid yourself.

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  11. C. B. Senior

    i am so bored i could projectile vomit an american bombshell

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    • C. B. Senior

      ALL OF THEM. AT THE SAME TIME, IN ORGASMIC CRESCENDING, EARTH-SHATTERING EQUALITY. The american bombshell is a whore, a slut, a pin-up poster, a hades-male, wet dream, AT BEST. WAKE THE FUCK UP.

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    • C. B. Senior

      or, in idiot language: the american christian slut (shh call her wife) fe/male wet dream.

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  12. flyaway18

    I’ve heard the Town of Cato wouldn’t be missed if it were to disappear from the earth.

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  13. asteroids

    After this mornings fucking computer fiasco, I’m out for a few days. I pity Fly since he’s gotta play every damn day.

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    • C. B. Senior

      No shit. since play means vie for control in these inhumane-imbecile soulz.

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  14. The Eye-Talian Stallion
    The Eye-Talian Stallion

    NEWS FLASH:
    Bundesbank rains on Draghi’s ambitions. ECB seen unlikely to resume bond buys in face of opposition

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    • Trading_Nymph

      Oh Eye…That isn’t a new flash, Weidmann at Bubba has been bitching for days about that. But the ECB can actually override them with enough votes and do it anyway in the short term…heck the last prez at Bubba (Bundesbank) quit over the ECB doing the exact samething.

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  15. ruggyup

    WTF is an obtuse town in upstate new york? Take your pick of 1000 or more obscure or even irrelevant small upstate new york towns but, obtuse?

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  16. riggedgame

    Joe Livorno said “This is a BETTER economy than most people believe”.

    And Joe is SPOT ON.

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    • Trading_Nymph

      Joe doesn’t read Markit PMI Data

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      • riggedgame

        I thing he does. He reads:

        “Business has been up for the last seven consecutive months — strong customer orders coming in.” (Machinery)

        “Automotive demand remains strong.” (Fabricated Metal Products)

        “Resin pricing has bottomed out so customer orders have increased; it was pent-up demand.” (Plastics & Rubber Products)

        “We have noticed a marked slowing in business overall. [We] have confirmed this with other companies in our industry as well.” (Wood Products)

        http://www.ism.ws/ISMReport/MfgROB.cfm

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      • riggedgame

        My citation IS the “Big Boys”. The ISM report for the USA.

        Your cite is a piece of shit JP Morgan report on the GLOBAL situation – which has little to do with our economy. We are WAY AHEAD of the and we are recovering nicely.

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        • Trading_Nymph

          Europe would disagree on the Tempe ISM vs Markit data. If we are so WAY AHEAD why are we crying for QE3? Plus, IMHO so much of our econ data has been good due to major over building of Autos to restock Auto Rentals and Dealer lots…that is slowing, so auto sales should fall off a cliff soon ala 2008 with their 24/7 building.

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        • ?

          I will side with Nymph on this one.

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          • Trading_Nymph

            Rigged, Plus the Global Report is NOT just a JPMorgan report. It comes from the Markit Group and JPM, in association with ISM and IFSPM. Like China’s PMI (not the gov one) is HSBC PMI out of Markit. The Markit Group is the leader for PMI data around the world..Plus, the ISM comments you posted above are just comments that came back on their survey..PLUS your ISM fell under the KEY 50 and missed estimates..so even Tempe is saying we are weak.

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    • Bobby Boucher

      The market is a discounting mechanism.

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  17. Mike

    I am from a small obtuse town in upstate NY…please redirect your space cannon to the hillbilly regions of PA/WV/KENT….as I will be traveling to the Jersey Shore for a bit of sun filled revelry in a small obtuse town known as Wildwood for the next several days…………

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  18. Cascadian

    Clam is god, er- maybe a groundhog. Gonna wait 6 more weeks. It’s all good.

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  19. fake amish

    Walking dead tape. There will be a light bulb moment for the bulls soon. No crack no bueno.

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  20. Marc David

    Just watched an old “how to get investor confidence back”…

    How about STOP CHEATING?

    I bought a larger matress.. not for guests but for money.

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  21. EXK is dead

    Something’s up with Novagold $NG. I have no idea what it is, but the volume is crazy and the stock has barely moved!

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  22. C. B. Senior

    Oh, hi.

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  23. gonzo

    Anyone know when ECB releases statement/news…before US trading or later?
    Looking to buy more vxx at lows before close or early tomorrow before news.
    Cheers

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    • Trading_Nymph

      7est for the BoE which may cut rates to zero, 7:45 for ECB but the best part is at 8:30est for Draghi’s Press Conference, you can watch it live at the ECB website, Draghi is so much fun to watch cuz he throws pizza at anyone that ask stupid questions ala Fly style. IMHO his body language says more then any of his words can…fwiw, I watched the vid of “We will save euro”, its not the cocky Mario that I love..it was more, “I will do what my job allows me to do” look. We will see.

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