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
23,431 Blog Posts

The World is My Clam

QIHU announced a “going private” transaction this morning, a bid, mind you, from its scandalous CEO. We get these so called bids every morning. Hell, I might as well profit from it. I missed out on the sky-penis (DSKY); but I will not miss out on BITA. I am long BITA and looking forward to its very own “going private” transaction in the coming days and weeks ahead.

Markets are strong like filterless camel cigarettes today. I just bought some ARWR, sort of leisurely as I was making my way to the second course of my 10 course breakfast meal. I was sitting here laughing at Howard Lindzon’s grammatical errors and then it dawned on me that I should buy ARWR. Why you ask? I like how the ticker symbol sounds as it rolls off my tongue, especially when I am drinking prosecco. It reminds me of an arrow. I’ve always been fond of arrows. Someone told me they had some hepititis drugs too. As long as the stock goes higher, I will continue to own it.

Look you, I have a lot of irons in the fire, so to say. I realize that to you the stock market is a place of misery, one of wanton capital losses that has kept you restricted to an onerous blue collared lifestyle. But to others, the stock market is a like a personal counterfeit printing press. I see the money coming out from it. But I didn’t really earn it, per se? Not really. I mean, I just made $100k in the time spent writing this blog. Did I earn it, or was it simply bestowed upon me?

Thank you very much Sir. I’ll have another.

If you enjoy the content at iBankCoin, please follow us on Twitter

7 comments

  1. halfbloodpope

    Hoping $NQ will go private before a reputable financial entity is able to perform a reliable audit.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. biffer

    Almost crapped my drawers this AM on SGYP. Didn’t need the pill.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. bruce keller

    I was using $ESPR as a canary in the coal mine and got some longer term $IBB puts. Now that a company that makes statins in this day and age is finally starting to get fairly valued, maybe some others might too.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. thegametheorist

    to hell with ARWR and their 60% haircut

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. thegametheorist

    all i can hope for is some monies from the class action settlement (extra yeah right)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. chuckem

    hepa

    • 0
    • 0
    • 0 Deem this to be "Fake News"