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
23,432 Blog Posts

Off to Slave Over a Hot Stove

I have many things to do today and will be cutting my trading day short. I acquired a 10% position in TNA to go with my 10% position in TMF. I have one other position that cannot be sold because it’s illiquid. The rest (75%) is in cash, awaiting bloodshed and carnage come Monday. If wrong, I will harvest profits in TNA and tip my hat to you a good day.

God willing, The Capstone Programme will be launched on Black Friday, although I’m reticent to commit to such a date due to last minute technical difficulties. For those just tuning in, this is the highest level of service I can ever provide for the plebs — a white glove, one on one, service to educate and mentor traders, correcting their hazardly ways and setting them onto the path of success.

Details will be forthcoming.

Safe travels and be sure to drink copious amounts of liquor and vast amount of turkey. For those who want to read it again, A Gentleman’s Guide to Thanksgiving Decorum.

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8 comments

  1. granpa

    Enjoy the Family Day Doctor.
    The same to all of the long time readers.

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  2. bennyhill

    This week is everyone’s second chance to get in on the FAANG trade, mark my words.

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    • numbersgame

      If you actually mean to go long, there will be MUCH better entry points ahead…

      NFLX and AMZN are priced way too high. Even if revenue forecasts are met, the margins are just too thin.

      FB is losing trust, which means it will lose customers. FB and GOOG may also face regulation. I think GOOG is more at risk here, because GOOG actaully invades privacy much more than FB, but FB hasa spotlight on it.

      AAPL makes more ***ungodly*** amounts of profit, dwarfing every other company on earth. It’s unbeleivable. However, the market is not ruled by logic, it’s ruled by lemming investors and Wall Street algos that take advantage of them. Hence, Apple will likely fall further as well.

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      • acehood

        Of all mentioned I feel like FB is closest to having priced in the most shit. Thoughts?

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  3. soupbone

    sous-chefs are crucial otherwise the chef can become cranky just in time for dinner.

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  4. it is showtime

    Today’s failed catalyst brought to you by: The Japs and belgium sluts

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  5. tha pirate

    Happy Turkey day Cap’n fly and yee laddies of the stocked’ markets. Off to fillet me Thanksgiving squid. Arrrrrr…

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  6. natehois

    I’m long 3x’s til I die. My port is tqqq, upro, udow, a dash of tna and hedged with tmf. I am triple long America. If in thirty years this lawless hellscape is a firey burn of ash then so be it. My discretionary income is in unspiced rum, bottom shelf vodka, second hand vehicles and 100 year old houses. You fuckfaces are not America. Nobody understands the end game. The end game is sitting around a campfire recounting the stories of your youth. The fire and brimstone you endured from a young age. How you got to where you are, what you’ve experienced. You want to believe what you say has a meaning to someone. To the youth. You want people to listen. You want to have a story. You will only have a meaning to a select few. Your kids. Maybe a niece. Maybe a nephew. Maybe a grandkid. Outside of that you’re a “crazy old man”, “the guy down the street”. You’re all doing this for you. I see the struggles. The guys that get mad at Fly for positions they don’t understand. Fly has created something that is married folk can tell their wives “I have this under control, we can get through this” when shit hits the fan. The layman doesn’t have to understand. The kids who think “I’ll follow this for a while and if if doesn’t make me easy money I’ll shred him in the comments like a local twat” are amateurs and weekenders. I’ve been around here for a long time. I’ve made more than you, I’ve lost more than you. If you can’t embrace the suck then you weren’t meant for the shitshow to begin with. Hang it up you filthy casual.

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