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

SHHH, NO BRAGGING

I bet you’d expect to come here and see “The Fly” bragging about his barking dogs. Well, you’d be wrong. This is a new Fly, one who doesn’t brag over barking dogs, or any dog for that matter. Men of distinguished honour know to keep quiet and to not jinx when fortune smiles upon them. I’d be the first to tell you how awfully wrong I’ve been here, over the past 6 weeks. I hope that doesn’t take away from the fact that I’ve navigated these waters, live on the internet, almost flawlessly, since 2007.

I am always going to have enemies. A great many of you gorillas will throw feces at me, no matter what–misfit malcontents who’d burn the planet to a cinder if given the chance. It’s the nature of man to commit sins, which is why I carry a knife at all times, to better stab those people in the faces, should I find it necessary.

I RESERVE THE RIGHTS TO BAN ALL OF YOU FROM THIS VENUE. However, instead of doing that, gracefully, I’ve let you partake in a bit of “chin-wagging” at the site, so that we all might benefit from the humor. If one cannot cry, then he must laugh. It is law and it is written.

So, I hope to recover some of my losses today. I have a very long road to travel. And, I am mindful of the fact that it will take an absolutely epic sequence of events to save my 2014 from being a disaster. Nonetheless, you ought to heed my advice when I say “be humble” and to “shut your jaws” when the market is speaking. At some point or another, it makes us all look like jackasses.

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57 comments

  1. Bernard Cornfeld
    Bernard Cornfeld

    I trust you will provide the distinguished member of the PPT a roadmap as to your plans for recovery in that we may all partake of your calculator brain?

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  2. Jermey

    punted the yelp on pop, nice move

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  3. og

    Tsla is still so weak.

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    • matt_bear

      i don’t get why anyone would bet against Elon Musk. In the history of the world 4 people have put a rocket successfully into outer space…The United States, Russia, China, and Elon Musk.

      The discussion is over. He’s a greater man than all of us combined.

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      • og

        A lot of people hate Musk. Not really sure why.

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      • Mr. Cain Thaler

        I think you’re convoluting concepts. Shorts aren’t betting against Elon Musk. They’re betting against longs.

        Traders have priced the company so that Elon Musk can succeed but the stock can still fail.

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  4. Sean

    You sir are a real man. Up or down you handle yourself with class. Keep it up.
    http://www.dailymotion.com/video/xxj1zo_ric-flair-real-men-stay-up_sport

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  5. Trader Rick

    Crazy market the momentum names are looking weak after a strong open. Where does this day take us?

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  6. Johnrotten

    @Matt_Bear … Good point

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  7. Montrose

    The best Holmes by far.

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    • Sam

      +1.

      I think the new fella on BBC deviates too far from Sherlock’s spirit.

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      • Montrose

        Entertaining he is, but not Holmes. The same can be said of Downey’s Holmes.

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  8. gorby

    The market is one winding road.I hold $OESX and from purchase had doubled in value and then it plunged.Today
    up 14 % -why who knows.This business
    is hard and soul destroying and always
    have a second and third source of income

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  9. Jermey

    Who ever does not see the big shift in sentiment in beta and not lowering their performance expectations on them going forward just isn’t looking hard enough

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  10. Bear

    brag about what? yelp if your only momo name up on the day…..everything else either down or flat

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  11. Blunderbuss

    So Alibaba about to file for IPO within a week or so, just shy of $20bn, so surely some raising cash in the dear momo’s for this one and should be a nice, or not, catalyst for the sector…

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    • Jermey

      Good point. Techs sold off a lot into Fb deal, and ripped the day of deal. Could get similar trade this time

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  12. Datyl Funk

    MEANWHILE….SMART MONEY CONTINUES TO DUMP THE OVER-BLOATED PIDS (SEE YELP) ON EVERY OPPORTUNITY…BWAHAHAHAHA!!

    YELP gaps up big…touching a hats hair from $67 then promptly tanks…trading near days lows at $64 now. It’s called SMART MONEY, Fly…and you ain’t part of that!! Ya should have sold YELP short at that tasty resistance level of $67.00 this morning when you had the chance. That was a very nice gift! Enjoy your day.

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    • JB

      You think the “smart money” is selling at these levels (YELP down 40 points from highs) ..?!? argh….

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  13. Datyl Funk

    “PIGS” 🙂

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  14. Datyl Funk

    Bear…you are correct. Fly had his party hat on and was dancing on top of the tables 10 minutes after the opening bell because YELP got a phony “upgrade” to spike it’s price so they could DUMP. Fly was so happy…giddy even, when he saw that morning spike.

    ……the the smart money stepped in. Now Fly has taken off his party hat and is once again shaking his head in utter frustration.

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  15. Genghis Khan

    Gonna be a tough summer, this one. Will be hot inside, and hot under the collar. What to do, what to do.

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  16. DoMe noharm

    Must admit I too am laughing at this morning’s yelp action. Le Fly can’t seem to catch a break and has absolutely nothing to “brag” about now that those yelp gains quickly imploded. Shhhhhh you can hear a pin drop now if you listen close enough.

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  17. oGrasshoppero

    His YELP is YELPING for help!!!!!!! LMAO

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  18. Obama 2014

    I was too slow to the draw this morning after I saw the textbook upgrade on yelp. Wanted to buy June puts as it spiked above 66 but was too slow. Now I get to watch it selloff without me. No fun.

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  19. Stockthrust

    market going nowhere you need to get rid of positions Fly.

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  20. Spud

    The way some of you nasty people post, I swear I can see the thumbs in your ears, the fingers waggling and the ‘na na na.. na na’s exiting your big mouths. I haven’t seen any of your track records. Yet one big fail from the guy with the good track record and you jump. And the year aint over yet…

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  21. VAspeedway1987

    At the moment he began his finger wagging, YELP took was taking its place on the toilet with a magazine. Then it promptly took a giant dump! You can’t make this stuff up!

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  22. Chub

    Momentum names getting crushed while all the indices are up. This sux

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  23. Bear

    simply poking fun at the obsequious nature of everyone that posts on here

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  24. Sir Fish-a-lot

    You fools are too funny. Bashing Fly because YELP just got flushed after the gap up. He probably shorted the shit out of it on the gap. Get a clue. He is much smarter than you.

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    • Chub

      Haha. U really think he shorted the gap? Get real

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    • MarshalN

      If it were the normal Fly, I’d believe it, but it seems like this Fly recently has been uncharacteristically dogmatic and stuck with his positions for no obvious reason, so no, I don’t think he shorted anything. He might’ve bought more, in fact.

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  25. LilCracker

    the ol time machine needs repair

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  26. fly homo

    Too bad Fly only has a bullish slant – this market is sick and going down

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  27. og

    Look at all these assholes hating on YELP. Hilarious.

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  28. And it's gone!

    Admittedly slim,but not impossible that YELP reports positive quarter in 2 weeks

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    • Noni Kavuri

      Why do you think Yelp will miss 1st Q earnings? Besides the frivolous lawsuit from some carpet cleaning business because they don’t like negative reviews, Yelp has been a fantastic company.

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      • And it's gone!

        Not miss…Positive in that they actually breakeven or make a penny a share…Current estimates is YELP loses -.05 a share

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  29. budh

    The amazing thing about the World Wide Web is that a person can create any persona and be whatever they want to be. The astounding thing is that so many choose to be stupid.

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  30. Bear

    FEYE is just so terrible and hes added at least 5-6 times on the way down, that thing will be at $38 before earnings…..yelp might be ok but splk is a $30 stock and wday is a $50 stock

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  31. Thomas Jefferson
    Thomas Jefferson

    I am befuddled by the fact that someone is being taken to task over a position that is up 2% today. Anxious for the days of commenter bans to return.

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  32. VOS LOCOS

    Anybody putting posts considered “kicking a man when hes down.” There will be a free counseling class after hours and we can discuss if your father leaving your mom for your uncle (mom’s brother) and in turn your mom leaving you to freely indulge in her meth addiction in the middle of the night before your first night of kindergarten had any effect on your character later in life

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  33. Freebie

    Prediction: GOOG clears 600 tomorrow

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  34. alf44

    .
    … stopped out of the “FAZmobile” on the gap down this morning … small loss !

    SIGH !
    .

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  35. RG

    How in the world anyone’s situation in life is going to be made any better by slinging mud at a seasoned veteran like Mr. Fly is beyond me. Win, lose, or draw, he’s a gold mine of experience and wisdom. My opinion, anyway.

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  36. The Real Muppet

    Bears poleaxed! How many times have we seen this.

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  37. Juice

    “And consider that you cannot make progress without throwbacks and that in your search for the truth and when following it you will keep falling, because making errors is unavoidable when learning and therefore you must become more and more attentive and heedful during your learning process; but with every throwback and fall you must rise again until you reach the security that keeps you from throwbacks and falls; that is the way which you as human beings must go, and upon which you must not be faint-hearted and must not be wailing and not be complaining, but instead you shall always newly and freshly turn towards the endeavour; and if you do that, then the moment will unexpectedly come when you suffer no more throwbacks and you no longer have to fear them, because you will have amply taken in everything that you have learned and because you amply follow the laws of the universe, of the nature, of the Creation itself and its recommendations thereof, in order that you may be successful”

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  38. Schizo168

    Splk, wday, and feye all red again !! I am glad i only have yelp ! LOL

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