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
23,447 Blog Posts

I AM A SPECULATOR

I’ve gambled before–but always have done so sparingly. I’ve never lost any money at it–because I’ve always played the odds correctly at the roulette table. At the end of the day, Las Vegas is a place built upon the bones of the mentally addled, persons spanning the continent in search for riches and sport. I, on the other hand, speculate in the stock market on a daily basis.

I create my own odds and have made a fine living doing it.

While some of you waste away at the poker tables, losing sums of money that force your wives into divorce, and yourselves into a disheveled life of wanton alcoholism and/or male prostitution, “The Fly” plots his next move in the stocked market.

After the bell, ANET reported blow out, and I mean blow out, numbers. However, Morgan Stanley permitted an early release from the lock-up period for non-executive employees. This, of course, is an absurd reason to sell stock and I need to address this now.

I see the lot of you on the internet, always citing lock up periods as a legitimate reason to sell stock. Did you know when the lock up period for YELP ended, the stock soared 30% that day? It was a short squeeze, a trap of sorts, and it laid waste to anyone who played the event. When a company comes public, employees get to cash in on their stock options. This has happened since the beginning of the stock market and is an asinine reason to sell shares in a company that is performing.

A pox on the lot of you, the ones at the pokered tables and the ones selling ANET in the after hours. “The Fly” seeks revenge of the sordid varietal and he shall have it before the month is through.

https://www.youtube.com/watch?v=LPN7J369RNI

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15 comments

  1. dewey dortmunder

    Roulette table, now that is pretty funny. Have a great conference and stay incognito Dr. FLY.

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    • the profit

      The correct way to play the odds are roulette is to not play at all. The no pass at Craps might be the best bet, though.

      What amazes me is slots though. Apparently, there are advantaged slot players.

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  2. alf44

    .

    … “Poker is a SKILL game” !!!

    You apparently NEVER saw Rounders !!!

    .

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    • alf44

      .

      “I create my own odds and have made a fine living doing it.”
      —–
      Take that shit over to a High Stakes Poker Game and see how long it takes those so-called “addled, alcoholic, male prostitutes” … to take your entire chip stack !!!

      They would have ALL your chips faster than you could say “12631” !!!

      FACT !!!

      .

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  3. Dr. Fly

    I don’t gamble

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    • UncleBuccs

      Did chessNwine line you up with some good spots to eat? I remember his mentioning a sandwich shop quite a distance off the strip… but cannot find the name.

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  4. duckkell

    Kenny Fucking Powers……nuff said

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  5. pirate

    Hey Cap’n, any thoughts on ICPT this mornin?

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  6. the shiek

    Fly, any thoughts on the dollar?…Dollar index matching a 4 year high @ 88 and when it hit 88 in 2010 ti basically dropped 10 points over the next 60 days.

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  7. the shiek

    Ok my Las Vegas story…I was playing at a blackjack table and the dealer was telling me a story of how a player came in and was just him and her (the dealer). She said he bet 5 bucks a hand and he won 12 hands in a row! Did not press once,the pit boss even went and looked at the tape to count his wins….walked away with $60.

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  8. anton

    Le Fly, you have been in Vegas mere hours and I’m already reading of men being thrown down elevator shafts:
    http://www.reviewjournal.com/news/las-vegas/man-falls-caesars-palace-elevator-shaft?utm_source=twitterfeed

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  9. budh

    There are no correct odds to play at the roulette table.

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  10. budh

    bot TWTR calls

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