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
23,445 Blog Posts

Long Live the Recession!

The soup lines are back. Fuckers are so poor, they’re on sandwich lines, fighting for the ham on white.

Personally, I had another rifuckulous day, up nearly 4%, thanks to bountiful gains in SRS, SKF, FTK, FNSR, BIOF, PCZ, MER short, POT short, LEH short and WM short.

While it’s true, today “The Fly” bought a bunch of bullshit stocks, just know it was barely a meaningful dollar amount. I’ve learned my lesson, via sharp uppercuts to the scrotum, and will not overweight microcrap.

One thing to note: I cannot stand that stupid CNBC commercial, with that idiot doing tricks with the sign. I guess they are trying to target a younger demographic for their ludicrous “Million Dollar Challenge” contest. Again, assholes, your target audience SHOULD be older men with money, not some jerkoff living at his Grandmothers house—trading 10k at E-trade.

In closing, I am here to reinform you that “The Fly” is a Godly investor, with a glorious track record—just in case you forgot.

Off to drink “some rich mans whiskey.”

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

32 comments

  1. hmmmm

    this must be “the fly” because his shorts are on fire

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

    Fly thanks for clearing up the “bullshit stock” amount of money. Congrats on the big up day. I too enjoyed a major 3.6% rise of fortune today. On a side note isn’t long SMN somewhat akin to long VSE?

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

    VSE is a hedge against oil, since corn runs with oil.

    Quite odd, but true.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Stock Market Prophet
    Stock Market Prophet

    Godly investors don’t drink rich mans whiskey. They drink Kool-Aid, milk or Diet Water.

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

    ^that is shockingly incorrect.

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

    I grabbed some VSE this afternoon. No clue what this bullshit stock is but The Fly is always right.

    Q’s sitting on 200 day, may take some time to break down.

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

    There is a guy out on the sidewalk near my grocery store who hangs out every weekend twirling a sign just like that advertising condos 40% off.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Spanky & the PPT
    Spanky & the PPT

    See y’all in the morning, bright’n early 🙂

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

    4% is what I make in pre-market. Talk to me when you can hang upside-down on the monkey bars.

    BTW Fly, did some of your programmers used to work at Moody’s? Just curious.

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

    That sign-twirling fucker annoys me too. I think it’s the creepy grin on his face while twirling.

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

    You think that “sign-twirling fucker” annoys you, think how his poor mother must feel.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. Moody's

    I rate you super AAA++

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. Crude Broker

    Nothing like kicking off the offical driving season this year with $4 gas.

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

    I had an even superer day.

    Check MBRK, POWL, and SDS.

    All of which are full positions in my account.

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

    yeah I saw your gay MBRK busting out today. Nice work Uncle Shed.

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

    whats with fed up two days in a row

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

    goddamn look at these dopes trading AMR right now on the back of adami.

    ..and people wonder why the market is so fucked half the time. if AMR opens up tomorrow, it’s going to get shot with a cannon.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. Timothy Sykes

    you snobby bastard, those kids with 10k at etrade are the future, old men with money die quicker. and if you’re so good, open a friggin account at covestor, put up or shut up

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. The Fly

    Tim:

    Your Mother is a goat herder.

    Fuck off. Get back to your shithole.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. kd

    Fly,
    Any of our buddies at SID or the Cowan conf? Any updates?
    thanks.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  21. Timothy Sykes

    haha actually my mother rocks and i’ll go wherever i please…looking forward to dominating snobs like u not just because its fun but because its right

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  22. brushbuck

    kd,

    There are 2 or 3 eyewitness accounts of SID on the Yahoo Finance MVIS message board.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  23. kd

    brushbuck,
    thanks. I also wanted to see what”the FLY the Great” thought or heard.
    thanks.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  24. brushbuck

    T. Sykes,

    Good luck with that, buckaroo. When your hinie has been sufficiently shredded, feel free to simply disappear.

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

    Test

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

    That’s fucked… I just lost my reply post to Stan.

    I’ll try again:

    ________________

    Stan, check out FED at the end of January, on this chart.

    Note how overbought it was there? Quite similar today, no? Note I’m using the magical Woodshedder “RS (2)” signal as well.

    Short covering happens…. worst case, we get to the 50 day EMA.

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

    Tim,

    Your mama rocks what? The whole gang?

    Shit, send ‘er down.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  28. Aris

    sykes – the cancer of e-wall st.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  29. Asshat

    Hey Tim Sykes you fag. Havent seen much of you since you were tossed off Elitetrader. Pretty goddamn embarrasing being tossed outta that den of losers, huh? Let me know when you’re done with that bag o’ dicks i’ll send over another.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  30. Timothy Sykes

    haha keep ’em coming, you guys have what 5, maybe 10 years left to live? you will be missed. as for me, oh, i’ve just been building a ridiculous website/publishing biz model all based on cutting through the BS out there

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

    i’ve just been building a ridiculous website/publishing biz model all based on cutting through the BS out there.

    By using the innovative “no capitalization” methodology, no doubt.

    Oop! Just got a call from e.e. cummings… he says “Been there, done that.”

    “Ridiculous”, indeed.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  32. Timothy Sykes

    By using the find the pump, exploit the dump method…nothing too complex, but simple works best…and it wouldnt interest any of you rich guys cuz it’s not scalable, it’s just got the 6 billion or so people beneath you

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