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
23,428 Blog Posts

The Direction Is Clear. Do Your Duty

You owe it to your wife and kids for putting up with your dreck.

Buy stocks, all the time. Do it on margin and often. Nothing, as far as I can see, can go wrong.

Before year end, YELP will trade 50x sales and acquire MSFT in an all-stock deal.

While my sarcasm might be obvious, my position is very clear. I am leveraged long into this Gilded Age of superfluous stock prices, waiting for my turn at bat.

Like yesterday, today wasn’t my day. I barely made any money at all. However, you and I both know there isn’t any cause for alarm. I shouldn’t rush art, especially when painting a masterpiece.

For the moment, my top picks are RBCN, BALT and GIMO.

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21 comments

  1. acehood1

    BTFD. It’s coming.

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  2. Bullish

    No offense sir, but shipping hasn’t been a good investment since the 15th century.

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  3. bensteinsmoney

    Sold CW (+52%)

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  4. Fidel Cash Grow

    I would like YELP to engage in some “surprise sex” (of the new 52 week high variety) with the shorts.

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  5. xxxhuggiebearxxx

    I had the most murderously positive day in probably three years. I also think I may be in for a massive windfall near term.

    Plus, I reopened my old crude futures trading account, well funded.

    The dark ages are coming to an end….

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  6. mr.partridge

    This was probably one of the craziest weeks ever.. I am puzzled and humbled..
    USU GEVO in one week? Right after I bought them, are you fucking kidding me?
    Mr. P needs rest now.. tea will do

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  7. matt_bear

    I’m 104% long right now bumbaclot.

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  8. matt_bear

    You’re late today Zombie.

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  9. capeless wonder

    Anybody short ICLD?

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  10. The Next New Cat Thing
    The Next New Cat Thing

    Some of you may be to young to have experienced the bull markets of the 1980’s and 1990’s.

    Those bull markets turned folks with 50-100K in savings into millionaires. This bull market has the same feel.

    Be wise, follow The Fly.

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  11. gravestonedoji

    F.I.G. I bot the GIMO. I shall lose horribly, but in a magnificent manner.

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  12. matt_bear

    The Next New Cat Thing- you are certainly right. Made big money in ’08 but wasted a fair amount and time chasing the next leg down that hasn’t come. Bias got in the way of just trading the tape and making bank for me.

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  13. gatorsun

    ANFI great trade idea,,,I,sold too soon…theme still solid

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  14. Hideous fibs

    Where’s the time stamps?

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  15. budh

    Owning calls in a rising market is a wonderful thing.

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