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
23,431 Blog Posts

Stupidville

Quit worrying about valuations or charts. Stocks like [[X]] will go up forever, thanks to the “global growth story.”

All day, “The Fly” was busy throwing small hand axes at a bag of egregious fertilizer, with a sign that read: “KILL POT NOW” on it. That fucking stock is going to be the death of me, one way or another.

Oil is going to $400. Write it down.

Today was a mixed day for me, with gains in [[FMCN]], [[FXP]], [[SKF]], [[SRS]] and short [[LEH]], while enjoying “elephant kicks” to the chest in [[NILE]], [[NVDA]] and short [[POT]].

A bunch of ridiculous Chinese stocks took off, feeding the retard crowd. And banks shit the shower.

Select foreign stocks, like [[MELI]] and [[BIDU]] did well. However, I view those moves as outliers, due to overall bearish activity.

In short, I am market neutral, with a bearish bias on the banks and brokerages.

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10 comments

  1. Kiwin

    Welcome to Stupidville, population: The Fly?

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  2. The Fly

    Fuck the both of you.

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  3. gappingandyapping
    gappingandyapping

    “US Steel to break ground for coke”

    I knew they had to be doing coke for this shit to trade this way.

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  4. Paradigm Shift
    Paradigm Shift

    I’m Net neutral. Perfectly hedged.

    As I unwind into the next violent move, I will get long whatever Ducati hates (which, oddly enough, includes almost everything), and I will short his buy list.

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  5. Aris

    every day i wake up and hope that POT revealed itself to be nothing more than shell company that never earned a dollar. alas, anything i don’t own goes up, so you all should keep buying POT. i’m going to buy a .45.

    anyone looking at nat gas? i’m thinking i may buy some APA tomorrow. i owned CHK, but sold it off into the strength, and it looks like APA has lagged a bit for the past few days.

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  6. JoeyBagofCornChips
    JoeyBagofCornChips

    Fly, I would like to submit that you will get your balls vice gripped repeatedly if you stay short POT. You would be better off covering and smoking it than being short.

    You are on the verge of pure unadulterated asshattery.

    Come to the other side quickly or your balls will be teabagged by 3 legged homo romanian goat shepards.

    viz

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  7. Steve

    And look at that, STV closed right at 19.99.

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  8. gappingandyapping
    gappingandyapping

    Eric bolling has a balls on the block call on TSO over at the street dot com.

    Earnings are tomorrow.

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  9. Scum Bucket

    Fly got punched in the labium today. Perfect.

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