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

The Doctor is In

Thank you for all of your pathetic emails, desperate to find out where Plutonium Petey had disappeared to. I see that you did very well under the stewardship of The Option Addict, taking high stakes gambles to another level.

As all of this transpired, in the darkest corner of my house, before heading out to Hershey Park, like a glutton, I took a giant stakes (a lesser man might say ‘magnanimous’) in WIT, EMKR and a very small one in ANGI. The thought process is to win at sport. I’ve neglected to inform you of this base instinct that lies in the deepest bowels of my gut. But it’s there and I think you should know: if you get in my way I will knock the teeth out from your mouth.

“The Fly” closed out yesterday’s trading session a champion of extreme proportions. About a week ago, I promised the world that I’d sever relations with my penis, both physically and spiritually, if The Goldman Sachs firm’s share price didn’t close at $160 or better. As this gamble progressed, many of you in the comments section, as well on Twitter, took time out of your very busy days to mock, even ridicule, me for making such a proclamation. Comments such as “prepare to have your gold member chopped off, HAHAHAHAHA” were thrusted in my general direction. After banning those idiots from the internets, I called up the people who control GS and ordered them to ‘get the stock to $160 by Friday.

phone2

Where did the stock close?

Indeud.

Next week I have numerous battles to fight, one of which is the bastard IMMR. Something has to be done about this stock; it’s boring me to death.

It’s the middle of the summer and I intend to get inebriated tonight, with the utmost dignity of course. Stocks are at new highs and Bernanke is back in our corner.

What else can we ask for?

For this good Saturday of the Lord’s making, I’ve selected some ‘good’ music for you.

Feel free to ask me any question at all. I will be sure to ignore them in the order they were submitted.

http://www.youtube.com/watch?v=EgPMwDNP-RA

ATTENTION MEMBERS OF SOCIETY: The Newly updated iBankCoin app for the iPhone has been released. We’ve added The Option Addict, Kong and RAUL, as well as addressed several bugs that were plaguing the application. I ‘need’ you to give it 5 stars and shower us with messages of splendour.

If you enjoy the content at iBankCoin, please follow us on Twitter

36 comments

  1. ultramarine

    Dr. Fly, do you ever trade options? I can’t recall you taking on an options position, but I have not been following you that long.

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    • The Fly

      A few years ago I took a small trading acct of mine from $100k to $1mill, using PPT signals and options. I did it here, live, for the world to bear witness. It was a volatile combination of science and vagrancy.

      I ended up cashing out the account at $500k, making only 5x my money.

      So, yes, I do dabble in options, but haven’t done so in two years.

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  2. ultramarine

    Wow, thanks for the answer.

    I have added to my weekend activity list the task of reading through the iBC archives about your options-trading saga.

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  3. DJMarcus

    Fly,
    Can we get that guy Robert Carl a tabbed blog?

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  4. GS Gossip

    What happened to the Devil? I see he has been taken off the tabbed blog list.

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  5. Jules

    I’m getting an iPhone 5 just so I can get the ibc app and give it 5 stars. General Fly, as a foot soldier in the ibc Internet army I swear to the God’s I will go ‘animal mother’ on whomever slanders the glory of this website.

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    • The Fly

      Jules

      Be on guard, for we have many enemies at the gates.

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      • Jules

        Your Grace, they will feel the wrath of 1000 hungry dragons!

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  6. TraderCaddy

    Fly, Is Steve The Neighbor still your neighbor?
    Will it count as a swear word when the title of your posted video has a bad (swear) word?
    On a more serious note, ever think of just chucking this trading thing?

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    • The Fly

      Why would I chuck the trading thing?

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      • flyaway18

        Can’t you have another, new neighbor post, just to give us an idea of what your neighbors are like in Princeton. Did whomever bought your house inherit the Mexicans in the shed? Who’s mowing your lawn now? It’s going to be a hot week so stay cool at Hershey Park.

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        • The Fly

          I left Hershey park. It was a day trip.

          I will comment on my new neighbors, some of whom are plagued with eccentricities even I find interesting.

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  7. mhass33

    Fly yous a beast

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    • The Next New Cat Thing
      The Next New Cat Thing

      Whatever you think of tonight’s verdict
      Smith & Wesson & Ruger will have blockbuster sales.

      Folks will continue to buy in fear

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    • The Next New Cat Thing
      The Next New Cat Thing

      Oops mhass33 I was not responding to you, I meant that to go into a new post

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  8. fake amish

    The Zimmerman verdict is huge. Has America finally woken up? Wtf the lib elites are gonna do now that the bluff of endless propaganda has been called is intriguing. This must be bullish for gun stocks.

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    • The Next New Cat Thing
      The Next New Cat Thing

      I expect a lot of folks to start carrying concealed guns even without a permit, not to start trouble but fearing trouble will find them.

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  9. fake amish

    If no one riots because of the Zimmerman verdict the left will be permanently crippled.

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    • fake amish

      Should have said hard left socialist wing of the dems. Apparently America is slowly getting over the nanny state fascists.

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      • fake amish

        Personally believe the horrible mistake that was the victim of circumstances that this case represented was all there was. None of it should have happened. Life is a son a bitch sometimes. It was the disgusting politics thrown on the trial I’m speaking of.

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        • Chappelle

          The stupid thing was the media trying to make Zimmerman into some hillbilly white man going after a minority.

          Ellos No comprendan mucho.

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  10. Anton

    Jake Gint’s tab seems to have been vaporized in the newest release of your app.

    Please say it ain’t so.

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  11. Heaterman

    RE; Zimmerman verdict………..waiting for Nancy Grace’s head to explode. What a raging dog she is.

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    • fake amish

      Forget Nancy. MSNBC just lost the last ten free thinking peeps that watched. It is over. The propaganda machine must be rebuilt. Feelings up a leg and has been’s from fucking who? where? when? radio are toast. Pop a cork the madness just suffered the whimpering no one gives a shit game over moment it deserves.

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    • Weirdo Jay

      2017 Obama becomes CEO of Smith and Wesson

      I’d laugh my ass off. He sure is doing a hell of a job on gun sales stirring up tensions, talking about gun control, creating racial tensions, etc,

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  12. kelkun

    Iphone is for children. What about the app for android?

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    • Weirdo Jay

      Ipad! The iPhone apps on the Ipad are weird. Then again, I like weird and know weird because I am weird.

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  13. razorsedge

    looking for a stock, with eternal dividends. hum… mustard seed?

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    • Weirdo Jay

      Try ETFs for eternal dividends. Bonds:TLT,CORP,HYG,JNK,CEMB,PCY
      Preferred shares:PSK,PFF
      Or just DIA or SPY

      Otherwise maybe just PG,PEP,JNJ

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  14. Freebie

    Nice GS trade however you said 160 within 2 weeks of June 27th so your bet expired on July 11th, pre-160.

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