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
19,445 Blog Posts

STOCKS ARE SAFU STOCKS ARE SAFU STOCKS ARE SAFU

How wonderful. Are you still bearish?

Markets are definitely heading back to record highs and there’s nothing you or your stupid friends can do about it. Look at MU — bad earnings, but not bad enough — rippage to the upside.

Try to stand in front of this freight train and find yourselves broken, stuck, forked, radish.

I bought CPG into the closing hour of trade, not because I like the company or ‘feel’ that it has good prospects. I couldn’t care less about that, frankly. I bought it because it’s going higher, and that’s all there is to it.

My biggest winners today were SOLY (+19.2% booked gain), HCLP, AYX, and COUP.

I also bought a little ACIA — for the glory and for God.

Over in my quantitative strategy, I enjoyed gains of nearly 200bps. Nothing you can do will ever compare to my level of winship. You might as well give up and go play video games, instead of feigning competition against the greatest trader in the history of the world.

Good day.

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5 comments

  1. teslawasright

    Le Fly – Good Day

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    • it is showtime

      Fly has etched himself as one of the biggest suck-ups in the annals of Wall Street lore

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  2. it is showtime

    So ‘fake’

    Price to Sales Ratio = 2.16
    https://www.multpl.com/s-p-500-price-to-sales
    All time max? 2.2

    ‘and’ bubbly!

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    • edge

      This is the place where the bears either cover their shorts or pray for a miracle.

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  3. heckler

    Bears way shit for breakfast lunch and dinner

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