Gameshow Lovers

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iBankCoin is better than you.

Cat Stevens – Father and Son

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I caved in, late in the day, and sold a lot of my [[FXP]] position. I have so many pristine ideas on the table, it makes little sense to keep so much money tied up in Chinese fuckery.

The next inverse etf on the chopping block is [[SRS]]. God willing, I will kick it out, north of $120.

As you know, Tim Russert died today, probably due to a heart attack. He seemed like a decent man. His death reminds me how fragile life is, with our temporary existence and pending death, via surprise or deliberate. With that in mind, I’ve decided to “speed up” the amount of banked coin, via stock selections on a very high level of competence and Godliness.

Lucky for you, prior to your demise, you get to read “The Fly’s” rantings and leech on his stock picks. Also, if you’re bored, you can always scurry along to the other iBC bloggers and make money off their picks too. I’ll have you know, my decision to bring on “tabbed” bloggers is deliberate. I’d never let someone blog on iBC, as a tabbed blogger, if he wasn’t a highly competent investor.

In closing, I made massive amounts of coin today in [[FTK]], after deciding to take matters into my own hands and start a short squeeze. You’re welcome.

For the day, I was up 1.55%, making up for all of yesterday’s losses and more, naturally.

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I sold 10,000 [[FXP]] @ $81.

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I have a very long list of regional banks worth shorting. However, knowing how fucktarded Wall Street is, I am refraining from selling them short, here.

As you know, next week, we will see numbers out of [[LEH]] and others. Call me crazy, it wouldn’t be the first time, I am waiting for a bounce—before selling short. It is possible we can get a sharp, quick, rally on the old “it’s already priced in” jargon. In short, if you have big gains in select bank shorts, be happy and prepare to sell more, at higher prices.

I don’t feel comfortable shorting, after such a big downturn.

However, I am very tempted. Believe me, I have already borrowed large quantities of [[PACW]] (another fucked bank).

If you have to put money to work, why not buy [[RIG]]? It’s been basing out around this range, for awhile, and is poised to bust loose soon.

Or, why not buy a little [[FTK]]? That fucker has displayed “God-like” trading patterns, ever since they warned a few weeks ago. With such a large short position (4 million shares), it’s worth the risk, with a tight stop at $17.

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I bought 2,000 [[FTK]] @ $19.50. And, I bought 5,000 [[RIG]] @ $145.50

UPDATE: I bought 10,000 FTK @ $19.65

Disclaimer: If you buy FTK or RIG because of this post, rebels in Nigeria will attack an unguarded oil pipeline. And, you may lose money.

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I’m just rolling on you bull shitters now. This is easy. It’s like taking money out of a homeless mans cup.

This will be a quick post, for I have things to do.

Right now, I like [[FTK]], [[PCZ]], [[RIG]], short [[CHL]], short [[CSE]], short [[AAPL]] “The Skinny Steve Trade”, and a variety of 200% inverse etf’s.

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Don’t look at the indices, my little internet friend. The Dow and the Nasdaq will throw you off. Today’s jump is misdirection at its finest, propping certain sectors up in order to get liquid on your dumb ass.

If you quietly look underneath the surface, you will be frightened. You will see all sorts of hideous things, monsters and goblins posing as equities, if I may be so bold.

“The Fly” has completed his latest research project and the results are maddening.

How could so many banks be doomed, at once?

Answer: because they were all drinking from the same tainted pool, fed to them by the asshats at BSC, [[LEH]], [[MS]], [[MER]], [[C]] and [[GS]].

One might urinate his pants, taking a gander at the regional banks, today.

My list of “Fucked Banks” include:

[[FITB]] hart tip Jake Gint, [[HBAN]], [[CATY]], [[ONB]], [[FTBK]], [[FED]], [[DSL]], [[CORS]], [[FHN]], [[TCB]], [[EWBC]], [[ZION]], [[PACW]], [[RF]], [[BBT]] and [[TRMK]], just to name a few.

My short list includes: FED, DSL, FHN, CORS (The Reverse Four Horsemen), RF, CATY, RF, BBT, PACW and HBAN.

A few others to note are [[PZN]] and [[WB]].

If you’re wondering: “what shall I do now”? I will tell you:

Run far away. As far as your bullshit legs will carry you. Travel to the mountains of Romania, where you can live off the land and drink goats milk, instead of chocolate bars and disgusting oversized burritos aka food for gluttons.

As for me, I will remain here “saving the country” via betting against bullshit banks and using the proceeds to buy up distressed property, where I will build large underground parking lots, to hold the many cars that I intend on collecting in the coming years.

Top pick: short the banks

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