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
23,418 Blog Posts

I am Busy. Therefore, I am Leaving

Do not ask any questions or query the mind of a “market scientist.”

“The Fly” has many things to do—with very little time.

I wrapped up my day with another [[MER]] short sale. I am taking a risk, adding to my financial shorts here. The conservative play is to take my six figure win and go play “punch the old guy down the elevator shaft.” However, I’m not into small wins or minor triumphs.

I bank coin, at profuse rates, even when I try to lose money.

In short, I am handsomely short equities, via [[FXP]], [[SRS]], [[SKF]], [[MER]], [[POT]] and [[LEH]].

My top long bets are [[RACK]], [[AAPL]], [[NOV]], [[LAZ]], [[GD]], [[CTRP]] and [[NILE]] for the fuck of it.

Later on tonight, I will teach the internet how to properly diversify a portfolio.

Until then, fuck off and be well.

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11 comments

  1. CubsRock

    Will do, later 🙂

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  2. StockTraderDaddy
    StockTraderDaddy

    With my balls of steel, I just shorted USO up here at $100.43 …

    I thus command OPEC to pump some more and all my Nigerian Militia to stop attacking the Delta fields and return to thier homes for a hot meal consisting of rice, bread and prime beef.

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  3. Crude Broker

    Shorted USO? You must not look at charts.

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  4. Dinosaur Trader
    Dinosaur Trader

    Fuck the stock market and all the stocks within it.

    -DT

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  5. #8

    Tickled pink to hear you’re “handsomely” short rather than “charmingly” short …. I will now postpone the call to Liberace!

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  6. #8

    Oops! …. too late, he’s already made an appearance.

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  7. JakeGint

    At least he did not say “fancily short.”

    Fly, you will never be truly on the Dark Side until you disavow that bullshit popcorn stock, CRAAPL.

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  8. #8

    Fuck the oil producing nations! Everyone buy coal stocks as the U S government will retaliate on those bastards by allowing the coal producers to raise export prices egregiously without regard to collusion …. an eye for an eye kinda thing …. and in euros as well.

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  9. Buck Woodford

    #8.. thats a good conspiracy theory call. my firm owns KOL but needs some producers (KOL fairly heavy in JOYG/BUCY, etc). sounds crazy but charts say may be true.

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  10. JakeGint

    Nice site, Buck.

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  11. #8

    Buck … Just my idea to get the OPEC nations to play ball with us as Bush no longer seems to have any pull …. time to play our ace and get back some currency from our competitors.

    Lots of oil/gas in the Williston Basin and gas/methane in the Appalacians.

    PS: As Jake said, nice site.

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