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

Almost There

This sell off is sponsored by a stronger American economy. Wall Street deserves to be punched in the face for selling stocks because the Fed crack pipe might be taken away. Although I love POMO as much as the next man, it is plainly idiotic to be bearish on stocks due to a strenghtening economy.

With some of the proceeds from my NSTG sales, I added to YELP this morning. I realize the market looks bleak and the world is crashing all around us. But oversold markets always look this way before the turn– and I am constructive on my position that Santa Claus will indeed present himself to Wall st this year, smashing the stupid faces of bearish children around the globe.

Off to the gym.

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29 comments

  1. matt_bear

    the dude in the background looks like he’s seconds away from getting an axe to the skull.

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  2. godsdog

    right on mssr. fly

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  3. godsdog

    in the giving spirit, GOGO a gift here in the 28ssss

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  4. PostApocalypticTrader
    PostApocalypticTrader

    Short the high flying pump and dumps, like WYY.

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  5. The Fly

    Jennifer is welcomed here at iBC. Do not make her feel unwelcome. We need a woman’s touch around these halls. Too many cigar droppings and empty bottles of scotch.

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  6. KEA

    What do you think of TRLA here?

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  7. The Fly

    Where did Jennifer go? Is she exclusive to the Dry Bulk post only? Is she some sort of robot, fixed to comment on Dry Bulk threads only?

    DEVELOPING…

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  8. HalfBloodPope

    Hopefully MDA is invited to the holiday dinner this year.

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  9. chedda

    “Last of the Mohicans” was an exceptional movie and another Daniel Day Lewis classic. The soundtrack is as good.

    I had a “Jennifer” follow me around from site to site before. The world needs oppositional views and contrarians. Adds more color. Subconciously it’s probably why most of us are married. Secretly, we love the battles. Make up relations make for the best. Cheers to Jennifer and her attempt at humor!

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  10. gappingandyapping

    Fly what is your take on companies 11.4 negative-to-positive guidance ratio, which is the most negative N/P ratio on record by a large margin? Is this concerning or does it not matter?

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  11. Aria

    Sir Fly, any thoughts on GOGO? Good entry point?

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  12. The Fly

    Anyone know where Jennifer went?

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  13. bood

    what do you say mr tropicana .. is $acfc going to grow from here ?

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  14. Dan Sheehy

    I love IBC and the PPT so much, I want a lifetime membership for Christmas. No lie.

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  15. It Is Showtime

    (ironically) Im going to say sounds like denial there with the “strengthening” “economy”

    Just felt some reaching with that thought

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