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

A Magical Event

I swear on a stack of newspapers, in no way do I find the rise in food prices to be funny. Having a large family, I can tell you, without comedic undertones, I despise going to the grocery store.

As you can imagine, Mrs. Fly likes to venture off to buy food, snacks and all sorts of beverages, from different parts of the world—mind you. “The Fly’s” pantry and ice box is stuffed and stacked with delicious delicacies from Beijing to Guayaquil.

Quite honestly, as opposed to outright lying to you, this blog post you are reading will not help you make money. Shoot, it won’t even assist you in losing money, which is now my specialty.

It really is just a ploy to waste your time. Much too often, “The Fly” slaves over his pristine keyboard, giving you things to ponder about, over a nice goblet of wine or filthy cigar filled ash tray. However, for today only, there will be none of that. Just plain ol’ waste your useless time on the internet, yet again.

I look forward to having these discussions, and more, sometime soon.

Hip-Hop UPDATE: A special song for the [[MBI]]-[[ABK]] bag holders.

[youtube:http://www.youtube.com/watch?v=WQbHAY1VSj0 450 300] If you enjoy the content at iBankCoin, please follow us on Twitter

35 comments

  1. BanD

    You’re a pimp with a serious limp.

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  2. The Fly

    Why thank you.

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  3. shit happens mate..relax..
    My only worry is that this time you are being impatient and therefore making mistakes. You are good and you will get your time under the sun to make ur 20% annual return for your investors.

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  4. calvino

    I am feeling somewhat similarly. I hate to bring the Treasury into this, however I see their stinking buying on this tape.. after Ambac, the lynch pin of our markets takes a dive, the market had to be propped.

    Hold your positions Martay, this tech splurge is a preamble to Apple – do you remember the last time Apple led the market higher all by itself?

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  5. The Fly

    What is anon talking about?

    By golly, if given the chance, I’d have his mustache knocked off.

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  6. mrkcbill

    By golly….a Rally!

    Fly give us some OTB shit for today?

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  7. ottnott

    Waste another 6:20

    Huge surf breaking in shallow water, puny humans, The Wedge

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  8. The Fly

    BTW:

    If anyone cares (Fly yelling into an empty Canyon)ABK and MBI are going bankrupt.

    Anyone care? (echo)

    Anyone? (echo)

    Hello (echo)

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  9. Juice

    Guayaquil ?

    why? what did she ever do to you?

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  10. The Fly

    CTRP, EJ and STV.

    All Chinese checkers.

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  11. The Fly

    I prefer soda from Guayaquil.

    One of my pet peeves.

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  12. Mushroomz

    I will give bullshit stock advice in your absence. Buy ININ, it is a great company that has been curb stomped in a scary market. However thats not going to stop them from growing their enterprise value at a fast clip.

    Do not take my advice lightly. A guy named Mushroomz commenting on a 3rd rate blog cant be wrong.

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  13. Juice

    I’m sure that hedgie guy & the charity he’s donating his MBI/ABK winnings to, care.

    And Buffett.

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  14. da Pope

    hey fly we already knew they were going bankrupt duh

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  15. calvino

    Bill Ackman is his name.. Minute Maid.

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  16. Noname

    Only old people and country hicks have “pantries” and “ice boxes”.

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  17. Squawk Box

    we apologize for having Cramer on this morning

    what a dick

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  18. boca

    “I look forward to having these discussions, and more, sometime soon.”

    Me too! Stocks are for asshats anyway.

    Classic Fly.

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  19. BanD

    http://content.answers.com/main/content/wp/en/f/f2/Kid_n_play.jpg

    This market is hi-top fading. Die bitch. Quit squirming.

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  20. nullpointer

    RE: ackman

    you wanna talk about a calculator brain

    http://www.bloomberg.com/apps/news?pid=20601109&sid=aoOhO7Qk3bD0&refer=home

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  21. JakeGint

    On the “Situation normal, all fucked up” Family Hour, we have DSL and FED, which continue to bleed out of their respective asses.

    Hope you did not cover it all, Fly.

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  22. JakeGint

    PS — the only “financials” I see “leading” are the Skiffles.

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  23. Big Mike

    Man…MBI is crashing. I wish Bill Ackman blogged, instead of this douchebag “Fly” (probably a pot smoking/hippie nickname).

    Boy…would we all made money following his lead.

    I’m telling you beef is going to sky rocket…enjoy your burgers while you can, boys.

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  24. boca

    Bill Ackman is really cute. Mmmmm.

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  25. Woodshedder

    Holy hell we have a reversal in the making.

    Beautiful.

    Now, all I need is for AAPL to shit the shower.

    Shorticus??? Where are you??

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  26. AssholeDipBuyer

    I should have known that when the nightly news started talking about rice shortages, the run in ag names was over and the big dogs would be liquidating.

    Sorry guys. I did my best, but the big dogs overwhelmed me with supply and drained my bullshit account dry.

    I’m such a fucking rookie. Anybody got a bag of rice to spare?

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  27. mrkcbill

    AAPL and MSFT are going to crush.

    Just to add more confusion to everything. Fucktarded

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  28. Mushroomz

    This is a bear markets rally, and I think there is another leg up.

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  29. Bill Ackman

    Boca, I’m not only cute, but I can lick my eyebrows.

    Wanna make out?

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  30. CAP

    WTF is all this talk about higher food prices ? How come I don’t notice it ? My grocery bills seem lower than ever . I eat out all the time mostly at high end restaurants and sometimes at lower end ones like Ruth Chris and Houstons and I don’t see the higher prices. Infact the other day I decided to be a peasant and visited McDonalds (drive thru) and noticed they actually have stuff for under $1 ??? Where is this food inflation you lunatics keep babbling about ?

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  31. Shorticus, Demigod of Financia
    Shorticus, Demigod of Financia

    I’m down here, dear boy, in the “Gimp Cage.”

    Do be a stalwart and fetch the numerous keys?

    Oh, and do watch out for the homosexual rednecks.

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  32. The Fly

    Cap:

    Come to NYC. Yesterday, I paid 5 bucks for a small piece of watermelon.

    True story.

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  33. boca

    Oh, Bill, yowza! C’mere, big boy.

    Everybody else, go away.

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  34. nullpointer

    mushroomz –

    ININ is a fairly obscure one….how did you stumble across it? you have first hand experience with them or their product?

    just did the first round of DD and (gasp) a discounted FCF valuation, and it looks compelling

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  35. JakeGint

    I may be of unsound mind, but I think that ANF ($71.25) is just about ready to crap it’s khakis in an explosive manner.

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