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

DIVING INTO WATERLESS POOLS AGAIN

I’m getting all “Chinese’d” up again. I bought the only worthwhile stock in all of the orient: BIDU, below $150.

I also bought long term SHAK calls, a starter position in AMCX and added to my CYBR position, which was partly liquidated at $60.

With these buys, I’ve reduced my cash position to 25%.

One might ask “Fly, why do such a thing as this, when you yourself said it wouldn’t be the proper idea to pursue?” To all of those people who ask that, I am telling you right now, right here, go fuck yourselves. I’m entitled to dive into concrete swimming pools, that are depleted of water, clad in full celestial costume. You do not have the right to question anything that I do.

It’s like a small stupid child questioning a parent about bedtime. It simply isn’t appropriate.

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

26 comments

  1. bood

    i like the waterless pools comparison it fits very well being water big part of the risk – off if they’re yet dried

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

    Any interest in that TNK, here? Might not be a bad spot..

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. riotact

    Fuck me. Time to sell.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Dr. Fly

      CATAMITES, all of you.

      Bet against the guy who saw this coming 2 weeks ago and who is up 22% for the year.

      Go ahead: FADE ME

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

    Waiting for the plug to be pulled.

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

    apparently Fly prefers listening to urinal shadows rather than Belgian farmer/technical analysts

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

    Give me the ball coach.I won’t miss.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. airborne

    The most costly lesson the markets give is patience. You, Sir FLY, appear to be lacking.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. evilspeculator

    “am telling you right now, right here, go fuck yourselves”

    Eloquently put and it is my general sentiment today – sometimes I wonder why I bother…

    “Do not give what is holy to the dogs; nor cast your pearls before swine, lest they trample them under their feet, and turn and tear you in pieces.”

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. sloop

    SHAK is only a local phenomenon it could really tank so be very careful

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. sloop

    I am 100% cash as of today I don’t trust this rally one bit I think we go lower

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. tmoe

    welcome to FCX Mr Ichan

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. doubleplus

    Belgian farmer winter is coming. Higher probability there than “Oh well, we opened -1000 a few days ago, no big deal, now we’re cool again, resume ATHs.”

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

      maybe it was a belgian farter too .. or a double pus .. who knows..

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  13. sloop

    All the gains were made yesterday and today. time to go back inside and wait for what’s real

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. sloop

    I don’t brag because I believe its bad luck but this year has been a life changing event for me I will say we are looking to buy a summer home in cash thanks for this years trading

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

      “I don’t brag because I believe its bad luck but this year has been a life changing event for me I will say we are looking to buy a summer home in cash thanks for this years trading”

      I believe we have a bottom Le Fly.

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

      I don’t like to brag, but….

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  15. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    bear market? god bless america!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. frog

    No need to wonder what the market will do tomorrow. Just flip a coin. Heads up. Tails down.

    This priceless method performs better than the majority of market predicting methods, with about a 50% success rate. Well, the method is not really priceless. It costs a penny because you have to have a coin. So it’s lower in price than other market prediction methods too. What a bargain. Get yours today.

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