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
21,506 Blog Posts

ROFL @ Internet Leeches

You people need to stop offering investment advice. Quit posting monkey’s and shit, claiming we are on our way up. Fuck you, you’re dead: we’re going lower.

Look at [[LEH]] fuckface. Are you one of those manchilds who keep their eyes covered, scared to see the horror?

Not me.

“The Fly,” like Jefferson Krull, embraces the horror and banks egregious coin from it. I’m like the Freddy Krueger of this business. I’ll get you when you are sleeping.

Oil is going up, as evidenced by the idiots invested in [[DOY]]. On this spike, I want to buy more [[RIG]], [[PCZ]], [[FTK]] and [[ARD]].

In addition, I want to buy [[FXP]], [[REW]] and [[TWM]].

I would like to sell short hotel stocks, like [[WYNN]], [[LVS]] and [[MGM]]. However, they are down too far. I do not want to be on the receiving end of some sort of homo short squeeze.

Instead, I will add to my [[JEC]], [[MXB]] and [[CAT]] shorts. Also, I may start shorting [[VMC]] and [[TEX]].

As for the banks, [[CATY]], [[EWBC]], [[CSE]] and [[TCB]] look good to short here.

More on this later.

NOTE: Calvino “The Strip Killa” nailed the Vegas shorts.

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31 comments

  1. Anton Cigur

    All above is wise and true.

    But every time Chivas posts that monkey, I smile like a retard who just discovered his penis.

    Post away, Monsieur on la Rocks.

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  2. BPOE

    Oil has become the Enema of the Dow. It is so fucking funny. If oil and gold move up like fuckers. panic selling [the Dow will take a shit]. This is due to the tight stops being taken out from the so called smart suckers. Don’t play until after the shit.

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  3. BPOE

    Oil has become the Enema of the Dow. It is so fucking funny. If oil and gold move up like fuckers. panic selling [the Dow will take a shit]. This is due to the tight stops being taken out from the so called smart suckers.

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  4. Crude Broker

    Just in case you missed it…

    And bam, just like that, your 100 point rally just got wiped the fuck out with crude poppin’ up $4 on the close. Funny how that happens. Donny, just as I said, that fucking crude oil chart still looks really healthy (weekly and daily), I’m still holding until something changes. You get stopped out of your “oil short?”

    Amazing how many people try to call a top.

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  5. nullpointer

    “jefferson”

    nice touch

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  6. calvino

    Finally, a little respect and recognition.

    sell eur buy jpy

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  7. Wingnut

    The Fly has his eyes on the prize. We may bounce a bit, we may gyrate, but this market is going nowhere with FNM, FRE, the brokers, the insurance companies, the hotels, and the retailers dropping on heavy volume.

    Starwood, Carnival Cruise, Macy’s, MGM, the market is screaming some nasty things.

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  8. SatanicChihuahua
    SatanicChihuahua

    Here’s why a short squeeze in the Vegas casino/hotel names isn’t likely any time soon. Short BYD:

    http://www.marketwatch.com/news/story/precipitous-drop-gambling-revenue-guts/story.aspx?guid=%7BEA917796%2DF25B%2D455A%2D9BF4%2D7BFE27E85A00%7D&siteid=yhoof

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  9. nullpointer

    SRS is a wild mother fucking ride

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  10. Mad Max

    Where is that clown who thinks we should have tea and crimpets with Mahmoud Ahmad-JIHAD?

    Those crimpets are turning out to be made with plutonium enriched flour.

    Idiot!

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  11. Cardiff_Giant

    FLY…

    you still holdng SMN or have you confirmed it was created by the devil?

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  12. CubsRock

    What’s up with these internet bloggers trying to say the bottom Is NOT in…

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  13. Wait for it...

    Where is Chivas with the Monkey?

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  14. Gemini

    Anyone else love this market rollercoaster? Any players from Ohio out there? Fun to trade.

    http://youtube.com/watch?v=QG7RWnB8stU

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  15. Paradigm Shift

    Breaking news alert – Ben Bernanke just confirmed that the rally monkey was acceptable collateral at the fed window.

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  16. The Fly

    I wonder how those private equity ‘tards feel about their Hilton Hotel buyout now.

    How could so many people be so wrong/stupid?

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  17. SatanicChihuahua
    SatanicChihuahua

    $10 says Guy Adami touts LEH tonight as an “easy set up” due to today’s high volume.

    Stop out at today’s low, $15.63.

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  18. Guy Adami

    On a valuation basis, LEH is cheap.

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  19. Sir Douchebag

    normally today we’d be up 300 with a Bennie rate cut but Oh Bearded Clam is out of ammo. So instead — pure stupidity.

    Grabbed some COF short for coin. What’s in my wallet? COF shareholder money.

    Holding URBN puts because teen retailing is as gay as Kudlow.

    Added a little RIG but I am hardly convinced.

    Market is egregiously oversold though so tough to put this market to sleep.

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  20. awake

    Smart Money may be a decent watch tonight since it was Jon Najarian who was spreading the LEH rumors all day today (only person who went on the record)

    SRS is a bitch to ride, I doubled my position this morning on the gap up and have been shitting myself all day. So much of the news coming out is hella bearish for real estate, the little market elves are gonna get crushed tomorrow.

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  21. Solvency

    There’s lot of speculation today following former Fed official Poole’s comments on what exactly constitutes solvency for Fannie Mae (FNM) and Freddie Mac (FRE). The definition of solvent is the ability to pay back debt. Lenders may be willing to lend money to the GSEs, thus keeping them from declaring bankruptcy, but that is not solvency. Solvency connotates the ability to be an ongoing institution because there are positive margins in production. At current borrowing costs, the GSEs are not making money. Unless margins widen they will not be able to pay back debt unless the government steps in and indemnifies that debt.

    So while the GSEs may continue to exist, because the business model does not work, they’re likely to exist in a different form. One of a government entity using taxpayer money to pay back debt and issue mortgages. But it clearly is a government institution, not an ongoing business entity.

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  22. awake

    the UK central bank is gonna force that country into a fucking depression if they don’t cut rates soon, time to find a leveraged inverse RE ETF over there

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  23. Woodshedder

    Long Oil, Short China.

    The USO chart is still technically perfect. Not a single crack in the armor.

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  24. Chi-com guerilla
    Chi-com guerilla

    2 week china rally on tap to flush shorts.

    When Tim Seymour is bearish, its time to buy.

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  25. Johnny

    Fly did you Feast you Compound Eye on this article:

    http://www.forbes.com/finance/2008/07/09/terex-caterpillar-manitowoc-pf-ii-in_sr_0709soapbox_inl.html

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  26. chivasontherocks
    chivasontherocks

    http://www.rallymonkey.com/video/kenindex.swf

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  27. Anton Cigur

    Ha!

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  28. Crude Broker

    Ah the HLT buyout, now that was a fun day. Right around this time last year. It was a half day, got drunk as shit that night due to no work the next day. Watched “Patton” all day on AMC with a hangover. Bought me a new set of BBQ tongs with that money to grill out that evening.

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  29. punyandy

    LOL @ ROFL N HEADLINE. U R GR8!!

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  30. Jakegint

    But every time Chivas posts that monkey, I smile like a retard who just discovered his penis.

    It’s the tune. It’s very catchy.

    _

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  31. Pete

    Whatever man, your MVIS is sinking. Hold tight to your position at $2.80 because it is going down.

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