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
23,428 Blog Posts

Another CNBC Bottom

Maria and Co. are quite busy laughing it up, telling their viewers how “everyone knows the banks are losing money.”

So, since everyone knows the banks suck, we might as well buy them, right?

That’s like saying, it’s okay to go hang out in the house that is lit aflame, since everyone knows it’s on fucking fire.

Go ahead, get drunk and buy some [[MER]], [[LEH]] and some [[RL]] to boot. Who cares if you are inadvertently burned to a cinder, trying to catch a bottom?

After all, the ungodly folks at CNBC are not permitted to invest in the market. They’re just idle spectators, trying to catch a few ratings points.

In other news, “The Fly” is being flame broiled, like a a filthy Burger King Whopper.

If you enjoy the content at iBankCoin, please follow us on Twitter

19 comments

  1. Dinosaur Trader

    She is the worst…

    Meanwhile, I will punish your blog for nuking mine in your trailer…

    -DT

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Mystiky

    Love the new look Mr. Fly,

    Finally – your time stamp is on EST!

    CNBC…inhaling kool-aid again….

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Leonard The Monkey

    A filthy Burger King Whopper with Pookie’s special sauce.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. MarketRaider

    Dammit Fly jinx the fucking longs already! Say something like ” Fuck all you internet leaches, I am up a godly amount today in my long positions.” Or does it only work when I am partaking in said position to be jinxed?

    And by the way since you are in NY, can you tell Maria to stop yelling? Let her know I can hear her just fine unfortunately.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. aris

    financials are the new tulip bulbs.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. JakeGint

    Brucie,

    You contemplating $VIX calls here?

    Looks like $22 is “do or die.”

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. Kiwin

    That LEH CFO is pretty good-looking.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. JakeGint

    “The Fly” demonstrates the proper manner in which to purchase FXP:

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. MarketRaider

    “That LEH CFO is pretty good-looking.”

    Kiwin, this is only because you have Maria there to compare her too. Otherwise you would realize she looks like a man baby, yeah.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. nineiron

    Maria would have you believe the people were wrong about the sinking of the titanic because everybody wanted to get off the sinking boat.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. BOOMER

    Stopped out

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. JakeGint

    Decided to play some more “Catch the falling Chinese Knives of Instant Death” and slipped into a little more FXP @ 83.05.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. BOOMER

    jake that video is awesome.

    if my boy ever did that i would beat him with the homo hammer of certain death.

    btw – we have a standing rule, that my 7 year old believe to be true:

    – if you get a piercing, you lose the body part when you get home. dont care what part it is. pierce it and i chop it.

    – if you get a tattoo, you will go to the plastic surgeon the next day to have it sanded off. then you will work to pay back the sanding bill.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. Woodshedder

    Boomer- gosh. What happens if one comes home circumcised?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. JakeGint

    Boom,

    I get your intent, but I’m a little more subtle about it.

    I just tell them something which I believe to be true, and just reiterate, constantly — specifically, that tattoos and piercings are for low class dirtbags of a lower intellectual order.

    It’s really a very logical argument. You just highlight the permanance of indulging such a whim.

    Geez gawd, I saw a perfectly (in every other way) normal looking kid the other day in what appeared to be Kalahari Bush woman ear wideners. Maybe you know to what I’m referring — they are essentially very large rings (at least “half dollar sized”) that are placed (somehow) in the earlobes (I’m assuming gradually)that will leave permanant “loops” in one’s lower ears, barring some major plastic surgery.

    The stupidity of these people sometimes boggles one’s mind.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. ovtiboboy

    Jake: This is what happened to that kid with the kalahari ear wideners when he got home and got sick of it…

    warning: hope you haven’t eaten recently, nor plan to eat any time soon. Let this serve as a warning

    http://modblog.bmezine.com/2008/03/28/earlobes-be-gone/

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Juice

    Jake, no VIX calls for moi … u right, do or die point .. after a little blip up tomorrow or the next day, I think she’ll die in the 18-20 range before the bears can coin some decent coinage again.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. rslg

    ovtiboboy : OK, those pics of the guy cutting his ear off is crazy stupid.

    DO not post that shit ever again.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. cnbc bottom

    This post is #1 in google for “CNBC bottom” that ought to get some traffic.

    • 0
    • 0
    • 0 Deem this to be "Fake News"