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
23,473 Blog Posts

Got You Clowns Again

This shit gets old. Dr. Benjamin Bernanke, from the grave, cold snatched your bear necklace and tossed you into a garbage can.

Fed minutes suggest they WILL NOT move on interest rates before April meeting. Hell-fucking-lo, I’ve been saying this for how long now? Watch the market melt up, super retard style, as if this was a big surprise.

Idiots abound.

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MOAR BIOTECH

After making these buys, I got the distinct feeling of gluttony taking hold of me. Hopefully I will not regret it.

I started a position in XLRN and added to NDRM.

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You Faded the Rally: AND THEN PANDEMONIUM BROKE LOOSE

The market gapped higher and you mocked it. You opened your lapped top computer device and logged into your 3 figure Zeeco account to sell it short. After shooting up some heroin and drinking a fifth of vodka, you dozed off thinking the world was your clam–happy as a pig in shit.

Upon waking up, you bore witness to a gentleman rally turn frantic. All of the clam-diggers scratched at the surface and ripped through your account like dumb through religion.

Now your Zeeco account is gone, the needle is dry, and the bottle of Georgi is empty.

The PPT wins again.

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Bill Ackman is The Latin King

While driving in the car, I just heard an unbelievable interview, featuring none other than Montauk Bill Ackman. In this interview, he discussed how the AGN deal wasn’t insider trading, how he’s ‘doing God’s work’ by shorting HLF to zero, and how he has done more for the latin community, vis a vis his HLF activism than the FTC.

It is rich with comedy and will be posted here, as soon as the lazy slobs over at CNBC upload it to their site.

A few bullet points regarding HLF:

-they are going to miss earnings “massively.”

-top distributors and executives have been contacting him and the government to become whistle blowers.

-it is definitely going to zero.

-there is a massive seller in the stock, due to his option montage.

-HLF is Bernie Maddof. Ergo, if you’re a fund manager at Fidelity and do no sell, you will likely be fired.

-Ack gave you plenty of time to sell; but now it’s time for you to pay the price for betting against him.

Part 1

Part 2

Part 3

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Let’s Play the Biotech Game

Just like the old American pastime, “let’s play with chinese burritos”, this game has become a crowd favorite as of late. I just booked a one week 25% gain in BLCM and already have a 3.5% gain in NDRM. In addition to those, I own some other names, all designated for longer term investments: JAZZ, ICPT and SGEN. However, I believe it’s time to play this sector until the wheels fall off the wagon and all of its passenger tossed idly into a swamp strewn with hungry crocodiles.

Using The PPT‘s proprietary momentum algorithms, here are some biotechs that are fixing to exploud to the upside.

CALA
NDRM
CRL
ZFGN
ENDP
AGIO
AUXL
BLRX
MRTX
KMDA
HALO

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SOMEONE IS LYING

Enough is enough already. I can’t take it anymore, the fakery, pretending to not see what’s in front of my face. For the sake of clarity, I demand that all of the liars step forth and explain to me how the US economy is growing at 5%, while TLT is trading north of $131.

I demand to know how interest rates are at record lows, across the US and Europe, at a time when, apparently, stocks are doing great.

On paper, there is nothing that should be bought whence inside of the deflationary vortex. Perhaps you can buy toilet paper stocks and companies that provide meat to the savage populous, but this isn’t the time to declare “bull market” for all of those home gamers.

This market that you see here, my friends, is what you call “transient.” It cannot and will not last.

The liars and the thieves may now step forward to receive penance.

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Booked My First Big Win of 2015

I sold out of BLCM for a +24% one week return and rolled proceeds into NDRM. This biotech lotto is the real deal, even better than the chinese varietal.

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How Does My $FRO Look Now?

Dirty tanker rates continue to go higher, as the sub-mentals in the middled east destroy the oil and gas industry in a wanton attempt to re-establish their monopoly on the supply of crude. They will die 1,000 fiery deaths for these trespasses and will find themselves deeply embedded in ‘fag-boxes‘ and a sundry of other hazardous predicaments.
Dirty

I will admit, the futures being up as TLT crosses over into the dark lands of $130+ is not what I expected to see this morning. Very simply, the bond market is pricing in the second coming of Jesus Christ, your Lord and savior. He brings forth many gifts, such as the apocalypse and the wrath of our great creator, who has waited all of these years, until our populous reached well into the billions, to slaughter us all–for little to no reason, aside from our heatheness and sin-filled lifestyles being too much for him to bear.

That being said, oil is in a state of super-contango and producers will keep storing their retarded oil, in FRO’s tankers, until morale and prices improve.

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Off to a Good Start

With the dissolution of the ECB and OPEC, I am expecting a full liquidation to take place inside of the Russian stock market, if that’s what they’re still calling it. The phantom oil sheiks from the middled east prefer lower crude prices because their minds are diseased. They fancy themselves to be William Wallace, with sharpened sticks on the ground, preparing for the right moment to raise them and stop the onslaught of the English Heavy Horses–racing to  smash apart their heads with their stupid horse shoes.

But the reality is, in ten centuries no army has won without a heavy calvary.

The rout in oil, although a boon for the lower class welfare guy playing lotto at his corner bodega, is a ruinous cancer for global growth. All of you, each and every one of you, will regret the moment you applauded deflation, sometime in the not-so-distant future.

You know, it’s almost worthwhile to unmask myself, just so that I could throw furniture at the clam-fuckers at CNBC for proposing we raise rates immediately. It’s as if these creatures were sent from the blue lagoon to feed us bad information and horrible advice. Mind you, if the Federal Reserve were to raise rates now, western finance as we know it would cease to exist in 3 months time.

The lot of you would perish at the hands of arsonists and you’d be tossed into shallow graves to become fertilizer, which is rather ironic since you’re all worth shit right now.

As for me, I’ll be hiding out in my lair, whose entry way is none other than a 10,000 year old sarcophagus, eagerly awaiting to buy more hamburger stock (Extra HABT).

 

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