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
23,463 Blog Posts

It’s Time to Invest in the Internets

In the after-hours, GOOG humiliated analysts estimates and broke the faces of short sellers in half. The stock is up more than $70, well on its way to $1,000. During yesterday’s session, I lost money by only making 0.3%. This is an unequivocal tragedia¡

Two of my top 5 positions are involved with the world wide web. YELP is trading cheaply, at just 25x sales, while TRLA trades at an astonishingly low 16x. From my mouth to God’s ears, both names will blow the barnyard doors off analyst estimates and toss subsequent short sellers, looking for a ‘quick fade’, into ‘fag boxes.’

From time to time, it’s easy to lose the faith, become fearful of losing money due to success. A great man once said: “success has defeated you.” I do not take my success lightly and will gallop towards the enemy with the same zeal as the brave soldiers who scalped to death the men who were under the command of General Custer.

 

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

26 comments

  1. jules

    General Fly I thought you were a Yankee?

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

    Social media shorts are going to get General Munro-ed.

    Some music for the cleansing: http://www.youtube.com/watch?v=2pCv7k_Hzvg

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. acehood1

    OPEN is a bona fide short, however.

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

    woot! google stock gonna go crazy. I work there! $$$

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. longrun

    What if Cementhead wanted to pen a blog post today?? Really where did he go?

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

    fly — thoughts on immr into earnings? thinking of buying back? thinking about x2 or x3 my position into earnings. can’t think of a bad scenario tbh

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. helicopter ben

    10 m seems cheap to sell 20% of future earnings.

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

      its basically an insurance policy against career ending injury

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  8. ottnott

    Mohicans?

    My favorite Custer scene is from Little Big Man: http://www.youtube.com/watch?v=xWGAdzn5_KU

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

    The leader just blamed Senor Fly and other(gasp! horror!) bloggers for the shutdown and all the ills. Big government is scared of IBC.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. ironbird

    Now that IBC is straight renegade. We need a new logo for sure.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. ironbird

    Gold has been dog shit for long over a year. Anyone notice the last couple days it has been spiking? Up amazingly. Thoughts would be much appreciated.

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

    OA is talking short these names and I would hesitate to go against the OA
    based on recent trends .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. TheHarper

    There is no easier short in this market then NFLX …the stock trades as if EVERYONE in the world has access the broadband . Unsustainable.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. ummwtf

    good call on Google breaking $1000 today

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