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
23,436 Blog Posts

Bears Skull Fucked in Egregious Trading

I’ll have you know, “The Fly” is NOT suffering from this melt up. My losses come in at a modest 4% or more money than you will ever see in your pathetic lifetimes.

With that being said, I am stemming some of my losses with the following long positions:

[[FMCN]], [[LAZ]], [[UYG]], [[JOE]], [[HD]], [[RKH]], [[BAP]] and [[MVIS]].

However, I am very tempted to blow them out and reload on [[SRS]], [[FXP]] and short [[HDB]], short [[PACW]], short [[VLY]].

For now, I will resist the temptation to short stocks, understanding the market is severely oversold.

At the present, my favorite long position is still [[RIG]].

Fuckers.

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27 comments

  1. Sir Douchebag

    Wait until opex week is over.

    Everyone who is short is just taking off monster profits.

    Nobody wants COF. Just a brief passing fart in the wind rally. It stinks for but a moment.

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  2. fly.. nat gas is a better way to play energy now.. on pull backs buy SD KRU SWN and others in space

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  3. The Fly

    Nat gas above $10 is the biggest scam since “the Ronald McDonald heist of 1888.”

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  4. DB

    I had a nice run for a few months in nat gas but took profits last Friday. This time of year is always week for nat gas. I might start buying CHK again in September but wouldn’t go near it now.

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  5. recusancy

    ERII… Thirsty people don’t give a shit if the market’s up or down.

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  6. mrkcbill

    Now thats a HEADLINE!

    I love the internets.

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  7. Big Mike

    Hahahaha RIG!!!

    Market up 250 pts, RIG in the red…

    Fucking classic, classic…

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  8. Can of Corn Humper
    Can of Corn Humper

    CHK is down about $10 from Cramer’s most recent pump. He pumped ETN yeserday, and it’s down over 3% on one of the best day’s the general market has had in quite a while.

    He is amazing.

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  9. The Fly

    The market is up because of oil, douche.

    RIG down a buck is a joke. A joke, I say.

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  10. CubsRock

    CubsRock <3 KBH!

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  11. buck nekkid porn star
    buck nekkid porn star

    homies are gonna be sweet to short AGAIN, as if I didn’t make enough $ before.

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  12. Woodshedder

    Top Pick: TRLG

    Huge short interest, (60% of float) and it is fixin’ to bust out to new highs.

    Sorry Juice.

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  13. Working Man

    I know where Ron McDonald lives.

    I will solve that crime.

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  14. Ronald Reagan

    Just got more Skiffles at $159.

    I couldn’t help myself. I had a diabetic craving.

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  15. allcash

    i think market over rallied ahhaha

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  16. ARV

    damn!! I did not cover my shorts on pacw, ewbc, tcb and leh. is it worth waiting on the sidelines or cover them anyways?

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  17. Anton Cigur

    Wood,
    1) You are a madman.
    2) TRLG is above its 50 and way above its 200 day MA.
    3) The stock is already up like 9% today as freshly saved bankers stock up to celebrate on “casual Fridays.”
    4) TR jeans don’t flatter a girl’s ass nearly as much as AGs or 7s do. (I continue to put in the hours of research to speak with authority on this subject.
    5) Repeat number 1.

    But I get lost with a GPS device, so my chart reading skills are sub zero.

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  18. mrkcbill

    Anton, With that do your sporting…we’re supposed to take fashion advice from you?

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  19. Anton Cigur

    Because they were just added to the S&P small cap 600?

    Just curious.

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  20. Anton Cigur

    But did you see the boots?

    Chicks drop dead for the boots.

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  21. calvino

    While it’s true that the banks will now hire all the assembly can workers that the General shitcanned yesterday, I would still attribute this rally to some douchebags hitting the Swiss Bank for some quick loans. Those will have to be repaid. For my part, the oil ‘collapse’ was prompted by Boone Pickens and his traitorous idea of weaning our country from the oil of the 9/11 hijackers. Since he pleged ten bil of his own to a fucking wind farm in TExas, this is dirfferent from getting Lex Luthor to sign off on some Swiss Bank iou’s for a short squeeze. That is real money, and Mohammed Atta does not want wind. Down goes oil.

    update. sell eur, gbp, usd and buy chf

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  22. Jakegint

    Calvin,

    How much of your port do you dedicate to that currency trick fuckery?

    Just asking, in case we need to find a refrigerator box for you to put your shit in, ovah heah.

    __

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  23. calvino

    I only drink 12 year old port, from Portugal. Twenty four is even better, although after getting shitstomped today, it may be a 24 of old Milwaukee.

    I came out of about forty percent of my positions today to load up on the chf. This was some kind of a trade off with ubs. For muzzling the irs, they gave us the carry. Lex Luthor at his best.

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  24. James

    When will you blow out your long positions?

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  25. blahblahblah

    Are you fuckers always this vulgar?

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  26. alphadawgg

    I knew a Marine Corps drill sergeant (I always referred to him as SGT. Douchebag) whose favorite term was “skull fucking”—just like in Full Metal Jacket. He frequently used the phrase like we use “egregious” on this blog.

    And yes, the vulgarity is facking deafening in here.

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  27. Hank Paulson

    See what happens when you fuckers mess with me? Bring me before Congress will ya? I’ll show you.

    Buy the banks, or I’ll kill you! You’re gonna keep buying the banks and you’re gonna like it!

    Now, eat your oatmeal!

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