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
23,443 Blog Posts

Here Come the Margin Clerks

They come from dark, cigar smoke filled, offices, where plants die from lack of photosynthesis and the careers of brokers are shattered, without a second glance. These “clerks” are bitches of the highest order, whose task is to sell, sell, sell, all the time, no matter what.

They search and scurry about for money wires and incoming checks. They do not care about your stories or reasons pertaining to why your equity is BELOW MINIMUM MAINTENANCE. They hate you, piker brokers, with all of their life force and look forward to blowing out of your bullshit positions, with negative equity, if possible, at 3:00, everyday.

You may ask for mercy or even trick these hideous creatures, in order to live another day BELOW MINIMUM MAINTENANCE; but they will get you.

These assholes will storm into your bullshit office, first thing tomorrow morning, demanding money wires, “else they will BLOW OUT” of your homo positions at 3:00, negative equity, if possible.

Here they come now.

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46 comments

  1. Jimbo

    Lovely. As if we needed more excitement/volatility.

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  2. theinsider

    fly-i’m glad to see you didn’t skip the creative writing class in college.good stuff.

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  3. CAP

    Looks like Zeus is getting clown raped.

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  4. These Colors Don't Run
    These Colors Don't Run

    Cockbreath needs to come in here and threaten to suck his own rod, for the good of America.

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  5. gappingandyapping
    gappingandyapping

    Cramer Cramer Cramer SELL SELL SELL Its going to zero Cramer Cramer.

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  6. El Scorcho

    I imagine most margin clerks to look like that hideous Planters Peanuts ‘Hottie’.

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  7. Jimbo

    Eee-ked out a small gain for the day. I’m done for awhile. This is stressful.

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  8. CAP

    Going to be lots of mutual fund selling this week. Main reason we will not see a rally. The rally begins after Obama wins the election.

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  9. wtf?

    Obama is not going to have a lot of wealth left to spread around if we continue at this pace

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  10. Zulu Warrior

    Do these evil, mythical margin clerk creatures have horns and “666” tatooed on their forearms?

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  11. Juice

    I believe CAP is right … although we may get a one day upper here & there before Obama gets the chance to fuck the place up like his predecessor

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  12. Jimbo

    I should just stick to my SRS- that fucker never ends down (it seems like that anyway)

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  13. RickH

    C technically flirting with disaster

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  14. The Fly

    After the redemption and margin call selling ends, we are going straight up.

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  15. gappingandyapping
    gappingandyapping

    I gotta say I still see a large number of faggotry idiots out there saying companies like X still have a ways to go. Are you fucking kidding me? X has gone from 200+ to $32 in the matter of a month and a half and you are still looking for more. Some people are just fucking ignorant. Come on. I don’t own the name but I sure as fuck would not be shorting the name here.

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  16. TraderCaddy

    Even Hitler got a margin call.
    http://www.clusterstock.com/2008/10/hitler-gets-a-margin-call
    Wouldn’t want to mess with his holdings.

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  17. Donny

    I agree with Fly, I think this fucker is going North!

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  18. Kiwin

    I machine gun down the clerks as they try and storm through my doors.

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  19. Ozark Hillbilly

    El Scorcho, you pretty much nailed it.

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  20. I wouldn’t buy stocks with FLY’s money here.
    This market is just flat out gay!

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  21. The Fly

    It is gay. True.

    C is fucking up the rally.

    Zeus fell asleep after whoring around with a few at his brothel.

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  22. Barney Frank

    Could someone please tell me how I would get on margin?

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  23. Zeus' Personal Assistance
    Zeus' Personal Assistance

    When you pray to Zeus, you have to do it in Greek, dumbass. When you asked for “death to the bearshitters”, he thought you wanted a certain type of Mediterranean fruity beverage made with lemon (forthcoming, by the way).

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  24. Palin

    any MTL takers out there?

    I just blindly purchased 4k shares

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  25. JWorthy

    Been sitting on NOV since $23.50, might as well keep sitting

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  26. The Fly

    To rally or not to rally, that is the question.

    Now or never.

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  27. Jesse Livermore

    MTL?? Sorry, I don’t speculate in penny stocks.

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  28. 4fl3x

    I think they are done trying send the futures down overnight. It failed 2 times in a row now. Looking for a gap up in the morning. Give me 75 on Wednesday then 😛

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  29. Aris

    this market is a teeter totter, and after the shitty managers get their faces ripped off, all that dead weight is going to be lifted from one side.

    at least for a couple of days. lol

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  30. Thunderpup

    Die EDU, you fake commie piece of junk.

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  31. D Rider

    Bear Fight on wall street:

    http://www.youtube.com/watch?v=LvPCtrOP4mc

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  32. Steph

    Is there some memo that I didn’t get today that said it was necessary to blow out of all commodity equities at all cost? Not the commodities mind you, just the equities.

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  33. Global Depression
    Global Depression

    What is the catalyst to buy knowing as many as 1/3 of all hedge funds may be gone by year end so they’re having “going out of business sales”; tax loss selling; margin call selling; Joe Sixpack puking up his mutual funds selling; uncertain earnings outlook; uncertain tax regime; countries begging IMF for loans to stay solvent.

    Stocks are cheap and oversold.

    OK. Right.

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  34. alphadawgg

    What a gay market.

    I’m going to go wash my car now.

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  35. Donny

    Down, Down, and More Down!

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  36. Juice

    Nice call on the margin clerks, Fly.

    WOW ! What a market … simply amazing!

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  37. Bizarro China

    Die FXI! Go back to your farms!

    Long live FXP!

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  38. wtf?

    wow

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  39. Donny

    Donny doubles position in DIG @ 24.20

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  40. Thunderpup

    FUck it. Hedged again – at least EDU short saved my ass.

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  41. Mr. EB

    I ended up 2.5% today. The last 15 minutes REALLY SUCKED though, I was up 5%+ before that. Sigh.

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  42. DEVILDOG

    Fucking bulltard retards, flyfuck, ebignorant and donnydouchebag.

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  43. asshat margin clerk
    asshat margin clerk

    That was very enjoyable. I hope I get to do that again tomorrow, just to piss off my arrogant brokers and their clients.

    I rule!

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  44. tradejunkie

    damn margin clerks. the brokerage firm I work at Margin clerks shot first ask question later. WTF!!@!!

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  45. nncoco

    “They come from dark, cigar smoke filled, offices, where plants die from lack of photosynthesis and the careers of brokers are shattered, without a second glance. These “clerks” are bitches of the highest order, whose task is to sell, sell, sell, all the time, no matter what.”

    Brilliant.

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