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
23,419 Blog Posts

I ENTREAT YOU TO BET AGAINST ME

You lost a great deal of money today. You are probably wondering why I still bother addressing the bears, men like Jennifer cavorting about the internets, warning people of impending doom. The truth is, I rather enjoy poking fun at you, the stupidest people of society, clad in burlap garments and velcro laced sneakers–because laces are simply “too hard”.

This is easy. Buy the dips and drink the blood. Spend your money judiciously and save for a rainy day.

The skies are clear now and the sun is electrifying, in the middle of winter, burning melanoma into the skin of the unprotected.

I bought GOGO towards the end of the day and will buy more if it hits $20.

NOTE: RPTP is now my largest holding.

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30 comments

  1. herd mentality

    Keith McCullough is betting against us. He will be the first one up to the guillotine.

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  2. og

    Yes sir. I think I had my best day ever today.

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  3. mr.partridge

    XONE getting killed AH

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  4. flyaway17

    Well, you know the drill Mr. Partridge 🙂

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  5. the_wolf

    TC +18%, longterm hold,
    thankyou good sir Dr.Fly
    ANV +22%, still holding
    GTE +7%, long term
    KWK +5%, swing
    DGC +14%, out
    RIOM+12%, still holding
    LYG+15% very longterm hold,
    best week ever so far,…………
    something for the good dr.
    http://www.youtube.com/watch?v=QtjyrDQ4lIU

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    • matt_bear

      you went thru with RIOM? nice!

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      • the_wolf

        it has been a great week, ; )
        small rio position, wish it was bigger,
        might get a chance to add,
        i thought you were in it too Matt ?
        i want some LEDS, and RVLT like you,
        patiently waiting for entry

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  6. snoozemr

    the recent run in some of the new bio IPO issues from late last year have been amazing. But I got out of XLRN after its one day 18+ jump last week and I am out of FPRX after it broke 21 today. still like the long term story on that one however and will look for a re-entry point (perhaps). Other than playing a bit with the thinly traded Christmas to New Years period, had basically taken the last 2 months off from active trading. With my recent sales well overweight in cash and honestly have no real game plan for the new year yet; although I will start working on it now. Wonderful 2013 and great start to 2014. Happy belated New Year to all!

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    • snoozemr

      meant to add that I have only really been following this site since the untimely demise of stockpickr – and I am extremely impressed with Mr. Fly’s adept stock picking and his delightfully entertaining prose.

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  7. xochi

    “because laces are simply ‘too hard'” priceless, amazing, your turn of a phrase makes me laugh always. I never read or heard anybody make fun of people so adeptly

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  8. sgt hartman

    VMW will reach new highs this year. And since the VMW host runs RHT on an HPQ server with MSFT server/desktops watch them follow suit…

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  9. gatorsun

    tangoe TNGO

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  10. 4nursebee

    I entreat you?

    Being slightly above average does not permit you to poke fun at the masses.

    Today was my first of many 100K days. How you like them apples plebe?

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  11. stonecoldgee

    AMRN up 6% in AH, hopefully some good news tomorrow.

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  12. azulgrana

    Ha, 100k is all relative, if youre some schmuck whos been entrusted to administer dear old dads 20mil portfolio with the good ole boys at credit suisse, that 100k is oddlot piker action…lets see the % retruns month ovr momnth

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    • TheHarper

      I couldn’t have said it better. Websites like Profit.ly leads to hubris, hubris leads to losses, losses lead to account closes…

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  13. ironbird

    Awesome pic. Weimar Republic, Germany 1920’s? One could interpret a traders paradise being here, right now.

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  14. ironbird

    EUO still has the look.

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  15. ironbird

    Watching the eurotrash spin on worldwide exchange is fascinating. Is the whole European experiment as full of shit as it seems? What is it about 2 months paid vaca for the few that work, alongside 25% unemployment that screams ponzi scheme?

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  16. winescale

    Who is Jennifer – can someone enlighten me?

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    • The Fly

      Jennifer is some guy who warned us all that balt would collapse in 2014, at $5.

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  17. xochi

    And she’s BAAACK jennySPYtrader

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  18. xochi

    I meant he’s BAAACK

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  19. duckkell

    AMRN…possible liftoff ..up in pre-market. Im on the rocket, hope its not the Challenger – pure Jimmy the Greek move (no achilles)

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