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
23,474 Blog Posts

Very Simple, Very Stupid

Stocks are trading lower, in dramatic fashion. Did you expect anything less, post labour day, post Federal Reserve did nothing again day?

Despite what the retarded bow tie says, I don’t believe the Fed is secretly printing money. They’ve never been known for being misers with newly printed money. I see no reason why they’d lie about it now. The fact of the matter is, stocks are due for a strong drubbing. I refuse to talk about Europe and how “their issues haven’t been resolved.” Frankly, the people who consistently insist on burying their heads into the news are mentally deranged–dangerous to society at a whole.

If your money manager is from that ilk, fire him now, for he will never make you any serious money. Unlike me of course, idea baron extraordinaire, possessor of book crushing trades in NFLX and MRVL, all managed to be done inside of a singular month. I’d like to see you dicksuckers try that on your own!

Even with these minour set-backs, I still outstrip you to a very large and unattainable degree. For the most part, all of you are stupid. I am talking directly to you, Sir, especially those of you who are reading this while picking your noses–creatures of the dark, replete with gargantuan ignorance.

As for my management of money, I’d like to remind all of you of my 35% cash position and large HDGE hedge, putting me in a keen position to buy all of your margin calls, AND MORE. It is not customary for me to lose in bastard stocks like MRVL and NFLX– but these things happen. I have numerous, mind you, irons in the fire and all the time in the world to allocate resources.

I have no boss because I am the boss.

I added to my PPC position, into weakness, because I am committed to the name. The chicken trade is not dead, only side-tracked by the Armageddon like conditions of corn crops throughout America. However, America is a great fat nation, gluttonous for food and fortune. Give it a little time and they will start BBQing again, sending shares of PPC, inexorably, higher.

NOTE: My NAK position is spring-boarding higher. It is the quintessential “fuck the EPA” trade and should surge higher as Romney betters himself in the polls.

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25 comments

  1. dean

    I think we bounce into the close, ending green or flat. QE as far as the eye can see…

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  2. Bullish

    I enjoy reading iBC while stuffing my face with some of the most delicious chicken parmesan (no nose picking).

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  3. JTU

    CLF for the ECB rebound!

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  4. ripper

    why are their balance sheets expanding then?

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  5. BottleRocket

    Ride Silver to 41. It’s addicted to the talk of the drug rather than the drug itself.

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  6. Mike

    Hey fly. No AGQ for you?

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  7. ispankloin

    I was picking my nose whilst sitting in the dark, watching the War of the Gargantuas on NFLX when I glanced at your latest piece of blog. Chicken Trade indeed. I just may dabble in PPC.

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  8. jimmy_two_times

    possessor of book crushing trades in NFLX and MRVL, all managed to be done inside of a singular month. I’d like to see you dicksuckers try that on your own!

    Totally awesome !! I’ve used that tag line in the past

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    • Stan and Gregg

      “I’d like to see you dicksuckers try that on your own”
      What jimmy_two_times said to us!

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  9. Colonel Sanders

    I’m all over that PPC trade like salmonella on my chicken!

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  10. Stan and Gregg

    LOL!

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  11. Cascadian

    What do they feed chickens? And the goody-goodies want bigger cages and more green grass.

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  12. Chuckem

    Lots of chicken in backyards these days.

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  13. The Fly

    NAK

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  14. Trading_Nymph

    Bow Tie One follows the news, even though he is retired. Soros does too…not bad company for us Creatures of the Night. IMHO still just a stupid Oil Rally, wake me when it is over..along with AAPL stupidity.

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  15. reverse-pivot crossover
    reverse-pivot crossover

    Speaking of chicken. I hear chicken little screaming. The sky is falling. Get plucked.

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  16. video for Fly

    This is a classic http://www.youtube.com/watch?v=NzspsovNvII&feature=related

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  17. The Plumbers Crack
    The Plumbers Crack

    “For the most part, all of you are stupid. I am talking directly to you, Sir, especially those of you who are reading this while picking your noses.”

    Damn it… I had my finger up my nose when I read this line…!

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  18. mike

    feb ’11…NAK was 21.08…do you foresee a return to days gone by ??

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