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
23,417 Blog Posts

In Memoriam of the NASDAQ

Before I sell everything and fire myself from ever managing money again, I’d like to share with you some of the percentage gain losses, from 8 WEEKS AGO to now, of some of 2013’s favorite stocks.

EXEL -58%

HALO -57%

IMPV -55%

RPTP -52%

GIMO -45%

BNFT -51%

CLDX -50%

FUEL -46%

ALNY -40%

YNDX -40%

DDD -38%

CSOD -37%

FEYE -35%

MKTO -35%

P -35%

TWTR -32%

I can go on forever. Stocks, tech stocks in particular, are very much dead. Without a doubt, this will resonate within the homosexual community of Silicon Valley and punish those misfit retards with harsh valuation cuts, at some of their most praised “start-ups.”

That’s the only sliver lining in this here debacle.

 

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102 comments

  1. Jeremy

    “The market can stay irrational longer than you can stay solvent”. If you were managing my money, I would be very pissed off this morning, regardless of past gains.

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    • The Fly

      You people talk too fucking much. Don’t try to prove a point by offering prickly statements, just for the sake of being a prick.

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      • Jeremy

        Not trying to be a prick. I am pointing out that you are a prick for irresponsibly riding down these positions and letting it get to this point. its a fucking sin, complete disregard of fiduciary duty and a real life example of a person being stubborn and uncompromising.

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        • The Fly

          ok, thanks I needed that.

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        • The Fly

          oh, and you’re banned too.

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          • Jeremy

            why am I banned?

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          • The Fly

            You are banned for the same reasons why you chastised me. I am being proactive on the site and have decided that the recent market action has turned the blog into a zoo, with all sorts of cancers floating around. I’ve taken your life advice and decided to clean up the place.

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          • the pirate

            We must NOT have a ‘Zuh’!
            May I suggest that in future, when bannings become necessary (as they clearly have become now), that a clip of ‘Brooklyn Zoo’ by the great philosopher Old Dirty Bastard be played to remind those offenders that IBC will NOT be permitted to generate into a ‘Zuh’.

            Clip to be used:
            https://www.youtube.com/watch?v=kcsEop0NPGM

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          • Genghis Khan

            Since you asked so politely: you’re an insensitive moron. Next question?

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          • Bart Smith

            Cool see ya Jeremy or Jennifer or whatever!

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          • Bart Smith

            Damn I look just like that avatar!

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          • J Livermore

            Bye Bye Douchebag

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        • Poppin' Off

          I agree with your banning. You are an idiot and probably enjoy discotheques.

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        • The Zombie

          Jeremy, get back to manning your 3-figure Zeeco account. Posting lame cliches? Offering The Fly advice? The Fly will still finish the year up the usual 20% and more. Push yourself down a few flights of stairs at once, troll.

          The Fly is God.

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  2. And it's gone!

    Apparently it requested cremation over burial.

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  3. Trader Rick

    Crash now?

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  4. soupbone

    The arse is falling out of her.

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  5. Genghis Khan

    Something tells me FB & TWTR have a lot lower to go too. So does AAPL since there is no projected growth in the name. CSCO might hold up well due not only to valuation, but also a decent divy. Natty might be a good place to invest.

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    • Ohthe BOMB

      Twitter is a piece of shit concept. How can an intelligent point be articulated in 140 characters?

      At least Facebook is a good COMMUNICATION tool for people.

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      • Bart Smith

        AHH try two or three tweets. Some people just can’t do math?

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    • Bart Smith

      AAPL isn’t going lower anytime soon.

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  6. The Real Muppet

    Fucking new avatars are funny!

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  7. inloworbit

    Do you still have the keys to the FAZmobile?

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  8. UncleBuccs

    Dr. Fly, I have no advice or encouraging words for either you or I. I’m not planning on doing anything in the market today. If it isn’t raining in your neck of the woods, maybe a casual stroll with your pooch & a pipe would be a nice way to spend the afternoon…

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  9. controller

    Happy to see that bannings are back. Smart move.

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    • The Fly

      I don’t need life advice and I certainly do not need people telling me things that I am already well aware of.

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  10. xxxHuggieBearxxx D.P.M
    xxxHuggieBearxxx D.P.M

    This is just getting started. I’m curious to see if there is any respite.

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    • xxxHuggieBearxxx D.P.M
      xxxHuggieBearxxx D.P.M

      Hey hahahahah wtf where did my avatar come from? what is that anyway?

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  11. synackf1n

    I’m imagining Fly as Tommy Wiseau, acting out the ending scene of “the room”.

    https://www.youtube.com/watch?v=Ch1ti1VMzXU&has_verified=1

    Fortunately, this marks the “Fly bottom”, and growth stocks recover from here. #timestamp

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  12. Bruce J Keller

    Lol wish I could be ribbing you but I had everything on a bullish flag but maybe I was wrong! 🙁 Hope at least gold blows up short term.

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    • Gary Kaultbaums Absurd Notion
      Gary Kaultbaums Absurd Notion

      You are an idiot. I could make a fortune just fading you. Please don’t opine on anything stock related. Ever.

      In fact, why not go to the forum where idiots,retards & other assembled fools gather and discuss the things that idiots discuss? A morons LoTR if you will. You could lead up topics like UFO sightings, Bigfoot hunting and the real acting talents of Jaden Smith and Ashton Kutcher.You would be King over there. King Retard The First you would be called. I can already picture your avatar.

      Unfortunately over here, you are just an idiot.

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  13. Jeremy

    You have been acting like a deer in headlights so maybe you could use the advice.

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  14. Dale

    The Fly didn’t lose money, he lost time. Over time, great traders ALWAYS make it back, and then some.

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  15. budh

    These billionaire Wall Street thieves want to take my money, avoid taxation, and donate to liberal causes to make them feel all good about it inside. They make massive political contributions to keep the scam in place.

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  16. Juice

    I have just one question for the gracious proprietor of this site: Is Monsieur le Fly, aka Señor Tropicana, aka Horatio Clawhammer, aka, Plutonium Petey, winning even as he appears to be losing, rather badly?

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  17. Mr. Cain Thaler

    Wow…Woodshedder’s old “Denninger spooks” out and about.

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  18. Mr. Cain Thaler

    Keynes quotes are to financiers what Sun Tsu quotes are to sub par management. Someone fucking strangle me

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  19. Spud

    Constructive criticism is one thing, but being a f-tard just to express your schadenfreude is a whole other thing. The people who kick other people when they are already down are the lowest vile cretins in the food chain. On par with puppy snuff film watchers.

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  20. Spud

    Oddly, that avatar is the only bright spot in my day so far.

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  21. Woj

    Mother fucking market. The very definition of wealth destruction. The difference this time is I don’t think the retail investor is in these names.

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  22. Mr. Partrdige

    The last one please turn off that light… sold SQQQ

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  23. TJWP

    I for one will be very sorry to see you go if that is the route you end up choosing. Your blog and subscription service have been of great value to me, not only in investing, but also in displaying an outlook on life that is condusive to being successful. Plus the obvious amusement value.

    I wish you all the best in your future endeavors, whatever they may be.

    With respect,

    Tim

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  24. belzile

    avatared

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  25. DopeBoy

    Stop being a pussy. Look at everything in the market. It’s dying. It’s dying because everyone is being a pussy. Sling dick motherfucker. Go outside, roll up a nice fat blunt. Throw on YG’s new album. “Bicken Back Being Bool” and chill out. Look at GILD, shit crushed earnings remarkably and did fuck all.

    We’ll get another stimulus package or some shit and we’ll all be saved. Fuck the Bears.
    http://www.youtube.com/watch?v=8yyKUngR8vk

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  26. Hugh Hendry

    Why no mention of YELP? Too painful? I feel ya bro.

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  27. ripper

    lol@my avatar

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  28. jules

    WOW! Someone has way to much fucking time on their hands.

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  29. David

    So, did you sell all horseman’s shares ? I myself came to conclude to clean my book as a biggest loss ever.

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  30. TraderCaddy

    I just wanted to see if I too have a colorful gravatar.

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  31. wolfdaddy

    Please ban these retards and throw a big FUCK in the next headline post. Let’s get back to the way things should be around here

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  32. speedius

    Who is more demanding, people who pay you to manage money, or readers of a free blog?

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    • ripper

      If I had money with the fly during times like this, I would call him nonstop. what’s my money doing sir?

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  33. J Livermore

    Love the avatars of the unwashed posters. Pictures of limp cocks would be most representative of these vagrants, but it is a family site mind you.

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    • ripper

      as I already noted yest. you are a pervert and should be banned immediately

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      • J Livermore

        Again I ask you this question in regard to your statement that I am a pervert…What’s your point?

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  34. LRz

    Sometimes the best option is to go to safety and beat the hell out of a heavy bag for 3 days….use an axe and chop some wood…go fight a wino……then sit for a day in a dark room……watch The Matrix (for an entirely different reason than enjoyment)…and emerge with a new eye. Oh…and cut carbs.

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  35. TraderOmen

    I’m sure everyone will live to fight another day… Hang in there, and manage your risk accordingly… You’ll be fine…. Dr. Fly will be writing winship posts in no time 🙂 !

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  36. Just breathe

    Shamelessly kicking a man when he is down?!?! Such reproachable behavior is Most Untoward!
    And in a man’s own home, no less?!?!
    Godless, barbarous heathens, the lot of you…
    For God’s sake, gentlemen! Remember yourselves!

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  37. Noni Kavuri

    FEYE is almost back to it’s IPO Opening Price of $36?

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  38. J Livermore

    “Without a doubt, this will resonate within the homosexual community of Silicon Valley and punish those misfit retards with harsh valuation cuts, at some of their most praised “start-ups.”

    That’s the only sliver lining in this here debacle.”

    Indueed. And may I add this short request of God.

    Dear God,
    May you manifest the failure of all plumbing and electrical service (including temporary generators) at the “campus like” headquarters of any technology company around the world for a period of no less than 13 days beginning no later than 10:00pm eastern standard time this evening .

    And if it is not to much to ask lord, please coordinate an infestation of crabs in and around the pubic regions of all technology executives around the world who hold a title of vice president or higher at their respective companies. May you grant this prayer within the next forty eight hours. The bar scene should help you with this one.
    In your name we pray.
    Amen.

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    • budh

      Hey! My little brother is retarded! Don’t use that word in a derogatory fashion!

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  39. Just breathe

    Mr. Fly, in light of such egregious offence, the Society would not deem it inappropriate of you to demand satisfaction from these… ‘gentlemen’.

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  40. johnny joker

    F these negative losers…Fly – you keep doing what you do best. Persevere. Admonish these cancerous turds. Dig deep and do what you need in order to make it all back.

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  41. punyandy

    Buying ANGI, NOW, PEGA, and IMMR like the complete moron I am. Down with the Ukraine.

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  42. zach

    RIP fly. your earnings from last year are SMOKED!

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  43. The margin dude

    These avatars make iBC look like an STD-infected motel somewhere in Detroit circa 2013. Bring bannings by decimation—Rome must rise again.

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  44. Tough but fair

    If down 30%, need 42% to get back to peak.

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  45. kea

    What’s my avatar? (Pls don’t ban me, this is all I have)

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  46. butchbr73

    we need to update Fly’s stats for the stocks above. add another 105 down for each after today… ouch

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  47. I Am Jesse Livermore
    I Am Jesse Livermore

    long spy puts. methinks we will see the 200 day before this is over.

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  48. youknowitsme

    All 16 of the stocks you mentioned are jokes. You deserve to lose $$$ if if invested / traded with those shitbags.

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  49. og

    Oye…

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  50. Trading_Nymph

    FLY, I LOVE THE NEW AVATARS!!! Now we can tell the Real Jenny from the Block vs the FAKE Jennifer. They all sort of look like bacteria too, which amuses me too. You promised me the top a few weeks ago, Which was the perfect call…even though I think it is 1755 spx. People are so Greedy.

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  51. Cygod

    This tanking seems unreal!

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  52. razorsedge

    man what a day, was thinkin what karney(white house guy) said….sell russian stocks, short them? well…he was right! crimea river, but

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  53. Jennifer

    Seriously, you’re all going to get b*tchslapped for your pessimism. Opportunity is knocking. Are you going to answer the door?

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  54. alf44

    .

    Well, I guess the … “NetSuite (N) is the Holy Grail” thesis is being seriously tested here !

    —–

    Been taken to the woodshed since the “Holy Grail” post of 1 month ago (-15%) !!!

    Earnings on Monday !

    .

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  55. Gregory Peck

    http://www.youtube.com/watch?v=NVfJW3ncTAA

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