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

I’d Like to Give a Few Shout Outs

Futures are flat this morning with a slight bias to the upside, which can mean only one thing: significant downside “pinaction” in all of my names.

I’d like to take this opportunity to give a “shout out” to YELP for trading down a buck plus in the pre. I’d also like to acknowledge SPLK and say “where the hell do you think you’re going?”, up in the pre, when it should be lower by 6%. Shout out to FEYE for providing myself– and my family– with some big ass capital losses. I couldn’t have done it without you. Last but not least, I am delighted to see WDAY getting drilled into the dirt, a company whose management hasn’t missed an earnings estimate in two decades. This has truly been one of the great surprises of my life and I wouldn’t be where I am today without any of you wonderful stocks.

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58 comments

  1. Flanki

    luckily, they are unrealized “big ass capital losses”…for now.

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  2. 6society

    Laughing with you..hahahahah

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  3. jules

    These bastard stocks always close opposite their pre market trading.

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  4. matt_bear

    http://www.ibankcoin.com/afterhours

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  5. jules

    On the bright side, the VeryKool ‘ONYX’ has been released to the barrios today.

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  6. ummwtf

    You’ll soon be back to throwing oversize grapefruits (unwashed, 2″ thick rind) at foreheads in the lunch room. I have no doubt

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  7. xxxhuggiebearxxx
    xxxhuggiebearxxx

    Yelp looks green again PM

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    • The Fly

      give it a chance. Don’t you have any faith?

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    • Flanki

      : Yelp sell-off yesterday likely an overreaction, says SunTrust
      SunTrust believes the number of FTC complaints regarding Yelp is not noteworthy given the number of companies that have been reviewed on the company’s platform. The firm views yesterday’s sell-off in shares as a likely overreaction but keeps a Neutral rating on the name.

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      • Bart Smith

        UH HUH! Sure keep believing that as the stock yells. HELP!!!!!

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        • Anon

          GED and passable English are main requirements for gig at Suntrust.

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  8. J Livermore

    This is some good coke !!

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  9. Bart Smith

    That need to change SPLK to SPLAT and YELP to HELP! LOL.

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  10. TraderCaddy

    Fly is pretty chatty these days.

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  11. J

    Fly

    You’ll be back kicking ass in no time.

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  12. Sgt Hartman

    Sell everything and buy GOOG, more upside to come…

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  13. zzzdoc

    Fly,

    I know that you, deep down, are a coal man. Forget all the tech stuff and go back to your roots
    Take a look at BTU.

    zzz.

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  14. Heckler511

    Fly maybe you could scrape together some cash and buy some WEED stocks?

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  15. J

    There’s some really important guidance coming from the ECB today. They’re providing guidance to the market that a subdued inflation rate with cause QE.

    Very important and worthwhile thinking about selling some Euros and buying stocks. I predicted this at the beginning of the year that the ECB will QE this year. Now even if they don’t guidance alone will be material.

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  16. zwolfe05

    FLY IS GETTING SMOKED. ALL THESE STOCKS ARE TOAST

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  17. J

    I really don’t get just how subdued the euro stock markets are with this news. They’re going to go up because the cat is out of the bag. The ECB saying they will QE means that the opposition from the Krauts has been quelled and they will QE if needed. I know people don’t believe them, but they should as it’s really important news.

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  18. matt_bear

    SPLK, FEYE, and WDAY are literally the exact same chart. crazy.

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  19. J

    Anyone know a Euro stocks leveraged ETF

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  20. JL

    If you want ’em to go up just sell them all now. The MM’s will be more than happy to bid them up after you unload them.

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  21. JPMorgains

    Funny side note : The guy on the right in the pic is a good friend and colleague of mine.

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  22. xxxhuggiebearxxx
    xxxhuggiebearxxx

    Yelp is going to $40 fly. I take no pleasure in saying so.

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  23. Formerly DMG

    I can’t remember the asshat’s name but he was always spouting off about the Koch brothers. Probably dpeezy under an alias.
    This should really drive him over the edge, lol.
    Charles Koch: I’m Fighting to Restore a Free Society

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  24. Mr.Partridge

    This market is sick.

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    • longview

      It’s a bull market, you know…don’t lose your position.

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  25. ZooKini

    SPLK/FEYE classic retail pump n dump

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  26. gatorsun

    the silence is very noisy…sounds like capitualtion

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  27. alf44

    .
    … how can TECL and TECS (3x tech and inverse ETFs) … BOTH be DOWN ?

    That’s just pure evil !!!
    .

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  28. ibankcorn

    Decimated!

    You’ll be back Le Fly.

    Chin up!

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  29. SK

    Back of the envelope what’s 5-year total return?

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    • Darius Tate

      What his 100k personal account or the fifteen clients unchanged since 1998he pitches stocks too from his sofa aka office

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  30. fifty2weekhi

    Things could be worse – for example if one owns these names and at the same time hedging against the market!

    BTW, $UNG is upbeat today. Went long.

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  31. og

    I need a witty post from the Fly to cheer me up…

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  32. xxxhuggiebearxxx
    xxxhuggiebearxxx

    This is a FlyCrisis unlike anything i’ve witnessed in the last 5 – years.

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  33. spinner

    Here is why it’s over for LNKD. Go to any discussion group. Employment, education, whatever. 2/3? 3/4? of the postings are bullshit “opportunities” re-posted like the crap on Craigslist. Wasn’t that way even less than a year ago.

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  34. William Wallace

    I’ll crush you like a worm!

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  35. xxxhuggiebearxxx
    xxxhuggiebearxxx

    My god i just looked at SPLK and FEYE. HOly mackeral.

    My guess – The Fly is off somewhere right now liquidating.

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  36. J Livermore

    In one week Le Fly will be dancing the Irish jig on the street in front of his house.

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    • xxxhuggiebearxxx
      xxxhuggiebearxxx

      I don’t think so. This is a save the ship type of situation. Not a ride out the storm type of situation.

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  37. ripper

    we need seeking alpha cretins to write articles about YELP, SPLK, FEYE NOW!

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  38. Danny1980

    Good lord; Fly I hope you are okay! This is weird it’s like the sellers are only targeting MOMO and Growth names. Specifically anything tied to the internet. Putting my money into Disney and McDonalds

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  39. GaryKaultbaumsHorribleMarketAdvice
    GaryKaultbaumsHorribleMarketAdvice

    oh Fly, so fucking funny I am giggling to myself.

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  40. typebtrading

    You sir show great poise and professionalism. Hat tip

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