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

The Interim Tabbed Blogger Spot Might Come and Go

Elections are supposed to be held for two interim blogger spots tomorrow. However, due to the condition of the markets, a general malaise dominates the financial blogosphere. This has always been the case and any blogger worth his/her salt can tell you that crisis drives traffic. Without it, people read gossip rags and sports.

No one really want to read about stocks, unless of course you are a professional–wanting to hone your trade. Even so, the nature of the business has everyone believing that they are gurus, more apt to ignore the wisdom of others than heed it.

Back to the subject at hand.

Blogging is a ridiculously unrewarding task. I’ve spent thousands of hours on this site, ignoring my core business, for what? To this date, I am unsure.

At first there was an idea that we could get real big, real fast, and somehow make a fortune. But that was stupid talk, as I was surrounded by yam eating procrastinators. I soon realized that the only way to operate a website like iBC was through profitability. We have a few flagship products and overhead is low. We’ve never taken venture capital money because I never wanted a boss.

I am always on the lookout for professionals, blogging and investing. There might be a person out there reading who is a natural writer, talented in the literary arts, who will be able to drive traffic. That’s valuable to me.

Also, there might be a person out there who is a superb investor/trader and can help  assist the army of retards who read this site. That’s even more valuable to me.

If you can do both, you’re hired.

Those of you who want a chance at earning a permanent spot amongst the iBankCoin staff writers need to declare so in the blogger network tonight or tomorrow. If the response is muted, I’ll just wait until the markets enter crisis mode again, as many of you will be ever-so-interested to read about stocks then.

 

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23 comments

  1. Private in the Army of Retards
    Private in the Army of Retards

    Please come.
    We need you!

    Long $CHK and a portfolio of flaming garbage.

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  2. jimmy_two_times
    jimmy_two_times

    “Also, there might be a person out there who is a superb investor/trader and can help assist the army of retards who read this site” with writing like that you will stand alone/

    btw you seeing La Traviata at The Met?

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  3. flyaway18

    Seems to me we launched into bull mode once you stopped swearing.

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  4. The Pope

    I’m willing to write and babysit.

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  5. flyaway18

    I gave you guys a stock about two weeks ago: fairly new IPO XONE – I like it better than any of the other 3D companies and even if they spike after those 3 upgrades recently and announce a secondary, I don’t see this one falling very far. DECK crossed $50 briefly today as I predicted a while back. I trimmed some. Still long SHLD – every time Eddie buys it goes nuts.

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  6. xxxHuggieBearxxx
    xxxHuggieBearxxx

    What we need is a good crisis, and one’s on the way.

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  7. The Pope

    I have connections in high places.

    Short S. Korea

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  8. helkel

    go Mr Fly. well done.
    i do believe it will get a tad fishy in the am after the numbers, but hell, free money is just that…..

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  9. Henry Fool

    I’ll contribute…. Oh wait we tried that.

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  10. Blind Read Ant

    The V.King supports BRA for Tabbed Blogger status.

    Read all about:

    http://goo.gl/6jxf2

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  11. Henry Fool

    This is a mind fuck!
    Dr. Steven Greer is the founder of The Disclosure Project. Dr. Greer also runs CSETI (Center for the Study of Extraterrestrial Intelligence) whose goal is to initiate contact with extraterrestrials.
    http://podcasts.joerogan.net/podcasts/dr-steven-greer-brian-redban

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  12. JakeGint

    Don’t worry… you’ll have your crisis soon enough.

    You’ll need to invest in a fucking nipple factory to pacify the plebs this time around….

    ______________

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    • juice

      Obama has outlawed crises through executive order. The Republicans are not yet on board but they’ll cave at the zero hour.

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    • Sooz

      Do you ‘Not’ know what happened to Otto Titzling?
      Damn you stubborn Irishmen..

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  13. Zero Dark Kitty
    Zero Dark Kitty

    You people seeking crisis are crazy. Look at the past bear markets…

    1987 – Market drops 40% in a week that would be like the DOW hitting 8000 by next Friday

    1990 – A maniac invades a country, kills thousands and destroys 1000 oil wells. The resulting crises leads to a decade of suffering and sanctions concluding in another war.

    2000 – An over leveraged NASDAQ burns to the ground; It all looked so easy to bail in the rear view mirror,
    but dip buyers, got burned, burned, burned and burned again;

    2001 – 3000 people dead, half a city in the dust and smoke of the dead; Followed by another
    bear market that ate dip buyers alive

    2008 – Greenspan’s chickens come home to roost; We came a cat’s whisker from
    selling apples on the sidewalk. Watch “The Grapes of Wrath” sometime to see what a Depression is really like.

    2011 – A Japanese tsunami drowns thousands as a nuclear reactor comes dangerously close to spilling plutonium into the Pacific ocean (which we own)

    Crises – no thank you; Let’s hope we see nothing beyond a small hedge fund exploding or a country with GDP the size of Arkansas defaulting.

    By the way ~ it’s only a matter of time till a cyber attack and flash crash hit at the same time. I have no desire trying to cut losses in that frenzy.

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    • madrid

      What about 1998? That crisis wasn’t “good” enough for you?

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  14. Trading_Nymph

    Fly, I am glad you blog, thank you cuz I know how much work it is. If I was a stockpicking ala 07 type I would apply for the spot. But, as you and everyone knows, I have been following this Bubble since 2009 and I have to see when and why it finally pops.. I am always wrong, slaugher the english language while I mumble in the courner how horrible this mess has become…not the makings of a tabbed blogger at all.

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  15. JV

    Burnt out and looking to go interim boss on us ? The site is you. I don’t read the cloned masses. I have twitter to fill that need.

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  16. Paul

    Well, Fly, I’ve certainly benefited from the time you’ve invested and knowledge shared here. So fwiw, thanks.

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  17. zenhunter

    Holy Smoke! I just realize you are the ONLY trading blog I bookmark and read…

    Thanks for sharing and your no holds barred, to your face, pissed on you critical analysis and commentaries…

    Cheers!

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