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
23,433 Blog Posts

Watch Out! Sharks!

This is all going according to plan. The market is pulling in at the precise time when I am 50% cash, enabling me the opportunity to buy some blood. Truth be told, I live for moments like this. It’s always hard to buy into a decline–because our brains get in the way of our balls. When in doubt, I condense the situation and declare to myself: “I might buy too early, but not as early as the poor fool who held through the decline.”

I am astounded by upside action in USU. What gives?

Just when everyone declared nuclear to be dead, it detonated on their faces. Other plays include URRE, URZ and GVP.

Are you watching some of these earnings disasters? EXPE, BRCM, SWI, ZNGA, CRUS. Ouch.

Holding a stock that you have no edge on, something that was supposed to just be a trade, is equal to swimming in an body of water filled with shark with chum hanging off your penis.

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

17 comments

  1. ARTHUR STOWE

    WELL PUT

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. ramrod

    I love this reason for getting banned:
    9. They dislike Benjamin Bernanke.
    THUS FLY AND THE CLAM ARE MY GODS!!! (EXTRA EXTRA SUCK-UP)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Laumujica

    You indicated 50% Cash which means 50% invested and you wrote:
    I condense the situation and declare to myself: “I might buy too early, but not as early as the poor fool who held through the decline.”
    So based on your own declaration you are a half fool!!!!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. The_Real_Hmmm

    Holding on to a stock with which you have no edge is equal to putting your penis on the internet in a chat room full of women who aren’t impressed.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Dan Keyser

    IMMR in full twerk mode wearin the assless chaps during the lunch shift at KOD

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. surplus_drones

    It appears that ZNGA is no longer in the “real money gaming/gambling” space.

    Meaning, they are no longer focusing on games that require real money to play. (Of course it is not yet legal in the U.S. for such an online game.)

    Who cares though..Perhaps they could have focused on the European and Asian facebook gamblers.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. casey

    maybe the guy who runs znga shouldnt have been such an a hole. ask the d bag from groupon how that worked out

    what do you think of KONG. i like it at these levels

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Carlos Nuclear

    “Astounded by the upside action in USU” Why, because there’s no news? Must be the technicals. Or the fundamentals.

    When are you degenerates going to admit that this whole market is a complete farce?

    Now excuse me why I go get nuclear . . .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. Trading_Nymph

    I know the Clam can fuck it all up next week, but I am pretty proud of our little 10 year holding above 2.50%. Bill Gross must be feeling like his Penis is in Real Hmm’s chat room though. For this Market, we are still SOOOO overbought and today is just Bulls buying Junk like USU, AMZN, AAPL, TSLA, etc…Bankers IMHO are selling gold cuz they are getting worried about too little physical gold after yesterday’s Option X. Anyway, unless the Clam messes me up once again, this market is going down hard…Global QE Cocaine Party is wrapping up and the world will see how ugly a mess it created…also trivia, this weeks BDI have been fading too, European Slow Down is coming when all good Europeans Lay on a Beach for a month…Also, Fly like the new looks.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. Venus fly trap

    The fly is to picking stocks as monkeys are to throwing shit at a wall…now go back to your shanty.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. Seth Brundle

    2nd graders have better come backs! Thought you degree from ITT Tech would of taught you something

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. MUNOZ

    I’ve always considered owners of pro teams a bunch of carpetbaggers, Al Davis of the Raiders and Front and rearie of the Rams. L.A. doesn’t have a pro football team and most people don’t miss it, you get moar games on TV without one.

    • 0
    • 0
    • 0 Deem this to be "Fake News"