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Dr. Fly

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.

Try Again, Fuckface

You Doug Kass types thought you were smart, fancy, and smart again today, no? Dressed in stupid turtle necks, collectively, you sold short today’s tape; because today was the day that it all ended—until it didn’t. You people are so fucking stupid. My dead dog can do a better job at managing accounts than you. Seriously and with no respect, you need to quit this job and find another. You’re fucking up my view.

Thanks to a miraculous late day surge in BORN, I ended the day flat. Year to date gains still stand at 5% and my balls swing lower than yours.

Do not misconstrue my kindness and democratic generosity for weakness. I will find out where you work arrange for rapid mustache removal. Remember, I’m originally from Brooklyn and half of my childhood friends have brass knuckles in their overcoat pockets. I will break your face.

Aside from that, after yesterday’s update, The PPT is now registering its highest overall fundamental score ever. Meaning: valuations and balance sheets have never been better. Essentially, stocks can trade a lot higher before they get expensive. I am going to stick to my bullish thesis until it murders me.

[youtube:http://www.youtube.com/watch?v=ajaxQYNonyg 616 500]

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God Save US All: A Down Day

It appears the moon, earth and all of the galaxies in the universe are working against the defined interests of a certain bearded clam— to bring the markets lower. Today’s tape has a certain nagging feel to it, not so much different than your wife pestering you to complete a chore while the game is on.

I am down slightly on the day and loathe the fact that I may close out the day a loser, despite my AGU sprinting higher. However, I’ve been a bit spoiled with regards to this market, so I really don’t mind donating some of my coin to those of you (bearshitters) that need it most.

Do not spazz out, fucktards of the internet. Every once in awhile the market trades down. Into the final hour of trade, I intend to add to a few positions.

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Milk the Farmer

I told you before and I will tell you again: milk the farmer ahead of planting season. Fortunately, my two largest positions, AGU and MOS, are screaming higher today on the back of better than expected earnings from AGU. However, the strength is more than just one name. Look at ANDE. The entire farm industry is smoking hot, thanks to insane commodity prices. Farmers are rich as fuck now. Milk them.

Without a doubt, both AGU and MOS will eclipse $100 this year. I am not selling any time soon. As a matter of fact, I should not have sold out of my TEX. I need to buy that fucker back.

Look, last year I had epic debates with Jakegint, regarding inflation versus deflation. Jake was right. The Fed really is crazy and doesn’t give a shit about the guy working 3 jobs to put food on the table. This all ends badly, as this policy is unsustainable. But it can last a long time. Hell, by law, the Fed can lend money to people, directly. If the banks freeze up, look for the Fed to step in and be the lender of last resort. All of this fuckery leads to one destination: inflation

There are small stocks worth a look, like KBX and MDW. But don’t focus on the outliers. Buy the leaders first, then mess around with the garbage. Otherwise, you will build a reputation for playing with trash, like some sort of upright walking pig. The other brokers will talk shit about you in between long lines of blow. They will call you names like “piker” and “cold caller.” Trust me, you don’t want that.

Top picks into dollar death: EXK, NGD, AGU, MOS

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BEHOLD: Introducing iBC’s 3rd Annual March Madness Contest

We’re adding a little something to this year’s stock contest. First, we will allow more than the usual 64 contestants, by creating more brackets. And, most importantly, we’re giving away $1,000 to the winner. Second prize gets to pick one prize from the crap in our merchant store.

Before the end of the week, RC will do a post, laying down the rules. However, in order to keep this contest distinguished and without trickery, it will be open to PPT MEMBERS ONLY. It’s all part and parcel of my unwavering plight to give back to the little people. So, if you’re not a member and want to win $1,000, quit being such a piker and buy your seat (PPT membership) to play.

Developing…

CLARIFICATION: This is NOT a fucking basketball contest. Each player chooses one stock for the entirety of the tournament. After 1 business week, the persons with the highest percentage gains advances to the next round, until we have 1 winner. Get it?

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Follow the Blueprint

What did you pikers do today? I bet you sat around the office, like plants, talking shit. I know how you fuckers operate, always wanting shit to happen for you, without putting in the effort. You want to know what I did? I made so much money, my hands are bleeding from typing in orders. I booked 25%+ gains in EXK and rolled into more NGD and started a new position in VCLK. Clearly, I am not fucking around here. Bet against me and you will get divorced, after your 2 star wife finds out you lost it all betting against Le Fly.

The whole blogging scene is pathetic. I bowl on all of you fuckers. From falsified research reports to obnoxious nonsense, the internet is riddled with mediocrity. Just in case you felt like snapping back, “The Fly” isn’t obnoxious, ’cause his swagger is real.

I moved up another percent today, putting my YTD gains at 5%. Slowly but surely, my plan is coming together. Gold/Silver are climbing and the dollar is spazzing out, fucktard style.

Look, I waste a lot of time with you fuckers, helping you make coin. At the very minimum you should show some respect when you visit iBC. Don’t click on my domain dressed like a loser. I expect all visitors to be dressed to the nines, top hat, white gloved, platinum tipped cane.

Into the bell, I was yelling at my trader for fucking up my limits. And, I chuckled at you cowards for sidelining yourselves during the best market in the history of the world.

[youtube:http://www.youtube.com/watch?v=k564GiKWWao 616 500]

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40 Points a Day

There is nothing to see here, so go about your business. This is standard Fed operating procedure: give the people 40 Dow points per day, keep the recession at bay.

I am out the door right now, so this will be brief.

I sold out of 75% of my EXK position, most purchased in the mid $5’s. With the proceeds, as you know, I bought lots of NGD. On the surface it makes no sense since they are in the same sector. Ah, ha, that’s where you’d be wrong and I’d slap a pie in your face. I wanted to lower the beta on my precious metals positions, by just a tad. Since EXK is a silver stock, highly volatile in nature, swapping over to a fine Canadian gold miner made sense. It’s like taking profits, but not—if you know what I mean.

It wasn’t a 1:1 swap. Some of the proceeds are still in cash, waiting for NGD to dip a little.

See you homos at the bell.

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Fly Buy: NGD

I bought 75,000 NGD

Disclaimer: If you buy NGD because of this post, the dollar will collapse, rendering your stock markets gains entirely and utterly worthless. And, you may lose money.

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Side Note: CCME

I do not own the stock. Keep that in mind. However, I fucking HATE these boiler room, pizza boy analysts who issue fraud reports. They are liars and manipulators. I don’t trust them.

At any rate, in an effort to give “equal time” to the people who believe in CCME, here is a quick note by one of its shareholders, alleging the boiler room bloggers are committing forgery.

SHOCKER!

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