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
23,417 Blog Posts

Fly Buy: WB

I bought 20,000 [[WB]] @ $17.35.

Disclaimer: If you buy WB because of this post, you will find a roach in your coffee. And, you may lose money.

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19 comments

  1. The Fly

    I had to this for a hedge. I have too many bank shorts.

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  2. gappingandyapping
    gappingandyapping

    Fly are you covering that BBT short?

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  3. The Fly

    fuck no.

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  4. The Fly

    I really want to short more EWBC and CYN here.

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  5. CubsRock

    How the fuck did you find FTK, damn!

    Makes me want to start a position in VSE over the next few months. Your always right.

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  6. The Fly

    The voices in my head.

    And, my smartest client, who one of you fuckers made fun of when the stock went down.

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  7. Can of Corn Humper
    Can of Corn Humper

    Short squeeze in the airlines with oil down $5.

    If oil continues to drop, the airlines could be a quick double from here.

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  8. CubsRock

    The QQQQ’s are unstoppable, they will prob end day above $49 ffs.

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  9. MarketRaider

    This RIMM pump has been absolutely amazing. Cramer hath spoken RIMM to 150 and RIMM goeth. How does this shitty little company do it? It is by far the most evil stock listed for both long and shorts. I will have all IBC’ers know that I have declared war upon it and only one of us shall survive. I wish it a miserable death.

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  10. TraderRenn

    Good luck Market Raider. I hate their flaky products! I wish you success!!

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  11. Mr. Limm

    At reast I stand by you side, Malket Laidah!

    Thlowing stahs in hand!

    ________

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  12. Jakegint

    Look at those Skiffles getting pinned at $130! If that’s not the damndest thing….

    __

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  13. Now

    is the time to book profits in FTK

    what u say fly ?

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  14. Big Mike

    Wow…please tell me someone got Continental Airlines June calls this morning when oil tanked…up 1700% today alone ala. almost same returns as Bear Sterns.

    I don’t know about you guys, but that China cutting its subsidy seems like a pretty big move;

    If oil cracks…long the SHIT out of airlines; and short CHINA, Inflation there will skyrocket.

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  15. The Fly

    Not selling FTK yet.

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  16. Now

    Thanks !

    I like the “Courage of Conviction*” “The Fly” displays.

    * Courage of Conviction – quoted by Douglas Jardine during the Ashes series !

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  17. cuervoslaugh

    You have got to be kidding me with this pick.

    Someone needs to get him away from his meds.

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  18. Kiwin

    He is relapsing from earlier this week when he had a similar “blunder”. I’m sure JJ can hook him up with a good shrink.

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  19. boca

    IMHO Fly had to hedge his portfolio of bank shorts somehow. It´s just a hedge, not an investment. If you disagree with his hedge, what hedge would you have picked?

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