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

A Strong Wind Blows From the East, Towards Mr. Obama

I love “signature pieces of legislation” gone awry. For me, there is nothing better than seeing Obamacare implode from its own weight. Obama fixed himself with an albatross around his neck and now it is pulling him down. Republicans, however, need to stop celebrating, since this will only embolden our dear foreign leader to dictate, govern by fiat. He’s a gym teacher for christ’s sake. What did you expect?

In other more exciting news, Wall Street is being starved from 7 figure bonuses this holiday season. All of the government restrictions on using leverage and gambling with OPM has hit our local bankers where it matters most: their luxury car dealerships. Truth be told, banks should’ve never been allowed to gamble with deposits. It’s ridiculous to hear some of these people complain now.

Futures are higher and all is good on the eastern front. I’m looking into some of the newly traded companies to buy, since we’ve been bombarded with new issues, odds are some of them slipped through the cracks and offer value–similar to GOGO.

More later.

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12 comments

  1. tradercaddy

    Uh Oh!
    And here comes Frog 10, 9, 8, 7,… to tell us how good 0care will be for us all.
    If he shows, I suggest putting Frog and ironbird in a room to duke it out (intellectually speaking, of course).

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  2. matt_bear

    amazed at how GOGO has taken off. Potential trade of year if held long enough.

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  3. tradercaddy

    FYI- GoGo downgraded @MS and YELP started as a buy @ Stifel.

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  4. chrismark

    I think GOGO was great because it’s easy to understand and relate to their business niche and potential – by the masses. Trying for something similar with ENTA. Current therapy for HCV requires shots, ENTA developing oral solution.

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  5. mad marsupial

    Tell it like it is Fly!

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  6. drummerboy

    fly,any thoughts on this new ticker: fuel.thanks…….happy belated anniversary to the whole crew at ibc.thanks

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  7. The Next New Cat Thing
    The Next New Cat Thing

    Chinese burritos will provide a healthy diet as the American middle class continues to starve.

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  8. halfbloodpope

    I am quickly seeing the effects of the healthcare evolution in the small town in which I work. The small private provider groups are selling out to larger healthcare organizations and hospitals in the area. The offices are being run more like a business and less like a health care facility. I often wonder if this will be a good or bad thing in the long run for the patient. So far it has pushed 3 providers into early retirement.

    I do enjoy the google-esque decorating of the iBankCoin banner/symbol. Whoever came up with that idea deserves some extra bitcoins in their Christmas Bonus.

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  9. gatorsun

    WPRT long from 22.49 take a look

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  10. xxxhuggiebearxxx

    HAHAAHA 130% leveraged long into FXI ALL HAIL THE COMMUNISTS!

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  11. duckkell

    PS4 out…IMMR ready to go

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  12. one-eighty

    Quicherbellyaching. Obama’s making everybody rich.

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