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
23,430 Blog Posts

So What!

Seeing [[FDX]] up, after their abysmal warning, is amazing. And, let’s not forget about [[MBI]].

Just know, the market will never make any sense. It will do all sorts of things, in an effort to bankrupt you, in the most egregious way possible.

As for “The Fly” and his holdings:

My recent buys, [[CLNE]], [[IOC]] and [[RACK]], are doing fine. Naturally, my inverse ETF’s are eating dirt, as dollar strength brainwashes morons to get long equities.

If you were lucky enough to be long [[RIMM]] and [[AAPL]], over the last 3 years, you banked profuse amounts of coin. I still believe the market has more downside than up. Therefore, I will continue to trade around my short positions, and book profits on my long positions, whenever I deem appropriate.

Right now, my top picks are long [[RACK]], [[NOV]], [[CLNE]] and short [[MER]].

NOTE: Due to a busy schedule, I will be out tomorrow, unable to blog. While I’m gone, I will allow all bloggers, tabbed and untabbed, to have headline power. That should be interesting.

UPDATE: “The Fly” wins again.

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30 comments

  1. mrkcbill

    USA fuckery..no doubt.

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  2. BanD

    Monday night is my night to cook, Tuesday night we visit her mother, but Wednesday night… Wednesday night we make sweet sweet love.

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  3. gappingandyapping
    gappingandyapping

    I thought you were going to show us how to blog?

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  4. The Fly

    I will give blogging lessons, every night this week.I strongly suggest Ducati to attend.

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  5. Cajun

    “The favourite blog of Report on Business readers is officially iBankCoin, where the stock picks are plentiful and the profanity is, too.”

    Ha.

    Another win for iBC.

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  6. mrkcbill

    Congrats on your win Fly. Must get boring.
    Your like the Harlem Globetrotters of the Financial Blogging World. I guess that would make Ducati the Washington Generals.

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  7. JakeGint

    I strongly suggest Ducati to attend.

    _________________

    WTF with this “George Hamilton?” Is that an inside joke?

    .

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  8. norcal

    Google Says: George Hamilton is an actor who is better known for his off-screen persona: a suave, well-dressed escort of beautiful women.

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  9. JakeGint

    I strongly suggest Ducati “Crickets” to attend.

    ______________________

    Note all inserted changes.

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  10. JakeGint

    Chivas,

    Well I guess we get the Congress we deserve. America, home of the free, land of the innumerate*.

    ________________

    * (which may mean, “free, but not for long.”)

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  11. JakeGint

    Norc,

    He’s also the Chairman of Countrywide Financial.

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  12. gappingandyapping
    gappingandyapping

    LOL, thats not a good thing that you won. Now this place will go to shit.

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  13. ZenProfit

    Jake:

    We get the best Congress lobbyists’ money can buy.

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  14. chivasontherocks
    chivasontherocks

    Jake,

    agreed. lol. ours is not to judge but to anticipate and profit.

    if we’re lucky, we might make a difference in the voting booth.

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  15. gappingandyapping
    gappingandyapping

    Can someone tell me why you would be long UPS here? Especially if gasoline lags oil?

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  16. ZenProfit

    Cajun:

    http://www.reportonbusiness.com/servlet/story/RTGAM.20080512.wblogpoll0512/BNStory/SpecialEvents2/home

    “Number One by a comfortable margin is iBankCoin, which is formerly known as Fly on Wall Street. The blogger-in-chief here is money manager George “The Fly” Hamilton, but he’s backed by others as well. The overall tone: irreverent, but on the money through the constant flow of stock picks.”

    Will The Fly raise the monthly iBC subscription rate now?

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  17. Woodshedder

    Zen, doubtful that sub rate will increase. However, I bet Fly wants everyone to maintain an impeccable dress code, when visiting.

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  18. sniper6

    Tangelo’s fraternal twin, seperated at birth. At least Hamilton doesn’t fuck over his shareholders. I see Mel Karmazin also bears a family resemblance. They are all not-so-distant cousins to the old leathery bitch from “There’s Something About Mary”. But I’d do her.

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  19. The Fly

    Jake:

    Please excuse the poor grammar in my previous comment. I was in the process of throwing a metal statue at my trader/servant, as I was typing my thoughts.

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  20. WildWestie

    This site needs Dennis Kneale as a guest blogger.

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  21. Woodshedder

    This site needs Dennis Kneale to hold out a hand towel for us to dry our hands on after using the restroom.

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  22. Danny

    this blog needs a dennis kneale soundboard so I can prank call my friends and relatives.

    something like this Jeremy

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  23. JakeGint

    Please excuse the poor grammar in my previous comment. I was in the process of throwing a metal statue at my trader/servant, as I was typing my thoughts.

    Just make sure you get plenty of stretching in. We wouldn’t have you tearing a rotator cuff or something…

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  24. JakeGint

    That Arnold soundboard is going to be very useful, thanks!

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  25. Danny

    if you think that’s good, jake, check this out — try not having annoyed friends after this

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  26. JakeGint

    Ah yes, this one is awesome!

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  27. Most expensive and least expensive vehicles to insure

    Good article, I very much love the content and I totally agree 100%. Keep up the good work, I will add this blog to my newreader

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  28. Cimex lectularius

    When visiting blogs, I usually discover a very good content material like yours

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