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
23,558 Blog Posts

BREAKING: STOCKS COLLAPSE AND DIVE EVEN LOWER THAN BEFORE

You thought stocks were going up today — but you were wrong. I told you not to get involved with dat — and now here you are wallowing in your misery.

TEN THOUSAND SELL ORDERS DESCEND UPON YOU.

I laugh into your face — as your stops get hit and your margin calls mount. Just earlier today, I bought some FSLY — because I want to donate money back to the stock Gods Fastly. God willing, it will trade higher — but I have little to no confidence anything at all trading higher, with exception to value stocks.

Get out there and raise some cash, buy some old man stocks, and hedge via your favorite inverse ETFs. Maximize leverage, and get ready for the drop of your lives!

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10 comments

  1. awanka

    You speak with the voice and perspicacity of a mad prophet, Mr. Fly.

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  2. it is showtime
    it is showtime

    Dis

    mantle

    .

    the

    .

    status quo

    .

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  3. edge

    The Fly is always entertaining and occasionally visionary.
    I cashed out almost all longs a few weeks ago. Inverse ETFs and TLT doing fine. Ton of cash to deploy, should that be necessary.

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  4. Dr. Fly

    THE STORM OF FIRE IS COMING

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  5. omfgitsjd

    I just covered a few shorts towards the ending bell to avoid over-exposure or being pummeled by any temporary upswings, but kept the majority. Last week I did buy some GBTC, which didn’t let me down, but I’m not sure I can hold it for very long.

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  6. jbandy

    I said this last week and have done great–short Industrials (XLI), Semis (SMH) and China (FXI). Also, tons of cash.

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  7. heckler

    Please don’t listen to Fly’s Vagina Monologue. Market up again soon

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    • metalleg

      Heckler, you should suck a bag of dicks. I think you’d really enjoy it.

      Fly called a down day this morning when the Dow was +100 and change.

      I’d say that was a fucking good call.

      Why not credit him and shut your pie hole instead of making a fool of yourself?

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  8. roundwego

    “This is the big one aunt Elizabeth”

    Fred Samford

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