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

Continuing My Journey Deep Into the Bowels of Wall Street

Remember when I warned you son of a bitches about $DRYS, after it ran higher by about 2 thousand percent in a week or so?

Since then, the stock cratered and got arrested, its shareholders tortured at the Catherine Wheel — guts strewn out across the pavement as donkeys kicked them in the cranium.

IMG_6097

The stock is down 45% ytd and -93% over the past six months. Any questions?

I stepped in to buy the stock this morning, not because it was easy, but because it was hard (extra JFK).

The chart has a certain je ne sais quoi about it — an overt and amusing picture of doom — a caricature of itself.

IMG_6099

Overall, the shipping sector is strong today, but I have a rich history of suffering ravenous losses in them. Appraisingly, I have no business buying $DRYS — but here I am.

After all, what’s the worst that could happen — I lose all of my money?

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8 comments

  1. the dude

    Like watching Aubrey McClendon go for a drive in his Chevy Tahoe. Hope it ends better.

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  2. heckler

    Chart looks like the middle finger pattern to me. Have you gone mental? Here’s to you making 2000% this year, shit.

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  3. gorby

    I think ya stayed on the ark too long .
    Got bored..
    and now your gonna get gored.

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  4. bennyhill

    Craziest chart – look at a 1-year and that spike from 2-70 looks huge. Then look at the 5 year and that 35-bagger looks tiny. Wow.

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  5. sethster99

    Wow, Le Fly is truly buying trash heap stocks!

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  6. cancel19

    Dr. Fly knows or senses something. React accordingly. A gift perhaps?

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