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
23,427 Blog Posts

“The Fly” Has a Secret Win

I was too ashamed to tell you what “unnamed investment bank” I bought yesterday. Had you pried, I might have told you.

Anyway, there is one person who knows what I bought: Ragin’ Cagin’.

Aside from that, I intend to make large buckets of coin today, Las Vegas style.

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

36 comments

  1. LEH?

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

    fly, what do u think, should I sell with +15% gain or hold LEH now?

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

    What, The Fly on Wall Street is back?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Granpa

    Fly,
    Just ran up the steps from the bottom of the elevator shaft just to stay in shape.
    I find feeding the squirrels so they stay out of the bird feeders to be a great hedge.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Mr. EB

    Man you had perfect timing in hedging yesterday.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Dick Bove

    Glad to be of help Mr. Fly. See you in the sauna at 12:30 babe.

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

    hey guys,

    sounds like LEH may be getting taken over?

    ps…

    fly, if you are long leh you will for sure be banking big coin today… lol

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

    Ducati is gonna love this post!

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

    Yeah, Dickati is gonna be pissed. Oh Fly, hedging your bets and practicing risk management and protecting your profits is for pussies.. blah blah.
    Nice timing. It wont get you to 11,000 any quicker but it will get you drinking Cristal tonight while Dickati has some Diet Dr. Pepper with his value meal.

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

    Wood:

    After the last couple of posts. I do not think Ducati is coming back.

    It might be the “I really hate you. Die slow.” phrase that did it.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. Market Fool

    Fly is acting much like his internet leeches (me) of late…investing more like a twitchy ADD afflicted day trader.

    Some brilliant moves recently get the full double shaka karma points.

    LEH to .01 thru 23.

    My new morning drink is really strong coffee mixed with Hansens Energy Soda and a twist of lemon…definitely helps the “regularity” (My wife named the drink “Morning Moral Hazard”)

    Good times!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. Better than you

    Too funny Fly, you can’t lose.

    You tell your peeps that you bought an “unnamed investment bank.” You then wait and see which one goes up and then make one of your “Fly wins again” posts naming the big gainer.

    I don’t even think Cramer would try this, nice….

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

    Shortbus, Ducati always returns. Believe it!

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

    “Better than who”: I don’t think you can be talking shit about disclosure until you start posting your own trades in the Peanut Gallery or on your own 3rd tier shitcan.

    Until then shut up and be thankful he posts some of his trades.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. Better than you

    Kiwin,

    I apologize for my apparently inept attempt at humor. I thought my post was an obvious joke.

    I am truly sorry that it upset you so much.

    Again, I apologize to you and any of fly’s adoring fans that I may have offended.

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

    Am I having flashbacks or is this the “real” LEH buyout?

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

    It is true, The Fly bought LEH

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. Granpa

    I adore you Fly, just can’t wait for the drop so you start talking fuckin english again.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. I second that fuckin shit Granpa.

    Fly has taken market timing to a new level here. Where can I buy shares of IBC?

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

    this market will not see 11k again for a long time. welcome to the new and improved choir boy fly.

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

    VIX under 19, this is getting scary.

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

    Congrats on the LEH score!

    Now SELL SELL SELL that POS!!

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

    LEH take over or under? I say under.

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

    Under

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

    in the FWIW department … rumors of GPPT shenanigans next week to screw bears & get the market over SPX 1330

    bears beware … don’t know the odds on this .. have some upside hedge

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  26. Market Fool

    Warren Buffett:

    “Wall Street has been a nudist beach”

    LMAO!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  27. Joe Trader

    It does not happen to be this bank does it??

    http://www.youtube.com/watch?v=WDADeplxZQo

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

    From what I can see, they are selling this rally in LEH. I would say we get a bid under $14 at least.

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

    Politeness is very important. Check out this freeway sign.

    http://www.jaunted.com/files/admin/polite.jpg

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  30. Axeman

    Juice – more curious than skeptical, but exactly what bar/alley/brothel do I need to start trolling to pick up that kind of GPPT rumor?

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

    Boca,

    lmao

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  32. buckeye bob

    As we enjoy Wyoming, FRE goes to zero

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

    Does The Fly now have a secret loss?

    TWM ripping.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  34. anjing bau

    notice how GS and BAC are giving it up….. this market is held together with Duct tape…I think you guys should can Bernanke and employ Red Green…now he’s a guy who knows how to wield duct tape.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  35. juice

    axeman … I did say FWIW & rumor … the odds of rumors are generally low , however if you are short up your wazoo, you may want to take out some protective insurance or buy some outta the moolah calls

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