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
23,453 Blog Posts

FANTASTIC

Why should I bother posting blogs, two, three four times a day when I can tell you once the future with precision?

I am doomed. All of my stocks will trade lower and I should sell everything, call it a year, and toss myself into a lit fireplace.

Look, there isn’t any discernable reason why GPRO should trade lower like this each and every day, other than the fact I am long. Slowly but surely, I am watching my profits drift away into the ether of this multiverse that I reside in.

The ‘severe bear market’ continues to swing people from the gallows, just in time for the holiday season. Your clients will ponder the meaning of it all, how so many stocks can do so poorly whilst the grande indices continue to hit new highs.

Are we going lower?

I don’t know.

Am I going lower?

Absolutely.

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73 comments

  1. UncleBuccs

    Worldstar….

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  2. mackypinky

    Is the market starting to price higher rates?

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  3. vandamme

    do the opposite, fly

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  4. prometheus

    What’s the deal with Dentegra, jeez.

    Commodities are signally deflation for sure. We need MOAR global QE.

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  5. belzile

    African mask needed

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  6. Trent J

    Please add to the PPT 2.0 a screen for poverty level, great deals on apartments in the Omaha area. It will help me greatly.

    Thank you Good Dr.

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  7. the shiek

    Dang, I’m going over to Zero Hedge to cheer up

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  8. jacked rabbit

    Fly, grace us with Chart Art and the masses will rejoice by drinking ample amounts of boxed wine and nibble on peanut buttered Ritzs. http://3.bp.blogspot.com/-JGnKTxcG7qU/TWECWR7BIaI/AAAAAAAAAPU/SC70eePFq6k/s1600/bad-hair-kingpin-movie-bill-murray.jpg

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  9. Mr. Partridge

    Ditto Dr.
    TSX -300 and my energy ass is grass today

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    • incometrader

      Even banks got sold, TSX stocks are being sold just so they can be sold – fear not seen since 2011

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      • Mr. Partridge

        I don’t think i have seen this kind of blood bath in energy names even in 2008 or before.. clearly some will not survive.. TSX index down 5% but many names in double digits.

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  10. btts

    The chart on GPRO looks like shit !

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  11. jdf

    I told you nobody really wanted those douchy little fag cameras on their heads. You shoulda listened.

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    • Dr. Fly

      People love the fag cameras. They just don’t want its stock.

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    • geezer

      Number 1 seller on Amazon and sold out on Best Buy (online) even before Black Friday started!

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    • wolfdaddy

      this is the same shit that happened before other high profile lockups. when the date comes this will pop 20%

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  12. mtpennybags

    Hang in there, your humor makes the constant drubbings sting a little less..

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  13. bountyhunter1

    AMBA .68 vs .54 beats by .14 and sells off..better get that fireplace ready

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  14. traderconfessions
    traderconfessions

    Problem is robots don’t wear GPROs. Fuckin robots.

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  15. jmac

    Jeebuz, cowboy up Fly, we’ve all seen much worse conditions than this, and it always comes around.

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  16. jahfari

    All is well, when Hortonworks drops the IPO in the spring BIG winners will emerge. I know the innards of this company and they are THE SHIT.

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  17. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    You have been fucked by factor risk plain and simple. High beta has under performed low beta by 16% year to date. You are a stock picker. All stock pickers have been ass raped this year. The indexers are next. SAVE YOURSELF AND SELL YOUR STOCKS AND BUY TLT

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    • dewey dortmunder

      Will the roto-rootering of the indexers start immediately and preclude a Santa rally?

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    • J Adabese

      At some point the coin will come up tails and you will finally be right.

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      • BlueStar: Contrarian Investor
        BlueStar: Contrarian Investor

        And when I am right all your money in your account will be hovered into mine. You will be ruined and I will be rich. Currently i am out side you house in the buses with a gun.

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  18. vegastrader

    Obama should make all $YELP reviewers wear a $GPRO camera. Just saying.

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  19. itsgold

    Why are you a zebra?

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    • pyromonoxide

      a reference to Hell on Wheels, there is this speech a character gives about being the lion or the zebra, fly is joking around about being the zebra because of the fkery in the market this year.

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      • pyromonoxide

        the scary thing is – maybe he’s not joking! I’ve certainly had some whoopings this year. (extra worldstar fight)

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    • pyromonoxide

      Thomas Durant had the speech.

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  20. zheeeem

    Can I have your stuff?

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  21. ironbird

    Any chance the nationwide protesting and possible civil unrest is causing the bear to awake? The fucking indexes are being sold to mom and pop and they are buying big time right now. But stock picking is for the pros who appear to be selling.

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  22. sloop

    My I introduce you to Thompson Creek (TC) its about to raise from the dead

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    • Mr. Partridge

      This great company is dead now, no sarcasm as I believe it is great but I also believe they are dead.

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  23. traderconfessions
    traderconfessions

    Look… you’re a very good storyteller and an average stock picker. Most people suck at both. Every year around this time you lament your fixation with burritos and other high beta names. Either change your strategy or be comfortable with the inevitable results. Hug your kids and move on.

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  24. uglyflint

    Fly what the fuck is wrong with you ? Snap out out of it BITCH…….

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  25. Dr. Fly

    I love these backhanded compliments. When I kill you do not be surprised.

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  26. ric_flair

    Cheap oil is here to stay. Excess supply currently at 800,000 barrels a day expected to grow to 1.5-1.8 million barrels a day next year. Expect large tax increases in the US next year. The government will reap the benefits more so than the consumer. OPEC has the weak hand and may eventually align with Russia and/or Mexico.

    Drill baby, drill. Wooooooooooo!

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  27. fluxcapacitor

    GPRO and YELP are the new VXX.

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  28. byhiselo

    gallows pole huh? guess there are worse places…

    https://www.youtube.com/watch?v=7kBX0K9nxPc

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  29. J Adabese

    Le Fly, Sell everything and start fresh for Gawd sake man !!!!!!!!!!!

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  30. ironbird

    Godzilla just passed the diamonds in value tonight. World War two now makes sense somehow in a feeding tube sort of way.

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  31. it is showtime

    Now within 25s&p of some yearend 2015 targets
    This is beyond silly looney circussy

    My 2015 year end target. 1100.
    THen a bounce.

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  32. Rastgen

    dear plebs, you have got it all wrong. please to retarget gpro to 105. many thanks in advance.

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  33. zuul

    Fly – I know this feeling well.

    Reading a few of these will help.

    http://www.dontevenreply.com/index.php

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