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
23,433 Blog Posts

Fly Buy: NSM

I bought 2,000 NSM @ $10.75.

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53 comments

  1. gappingandyapping
    gappingandyapping

    Any move above 875 and this fucker is off to a new bull market. This would validate a higher high and break the downtrend I believe. Me thinks we turn lower however. This is a massive move and I have caught near 100% plus upside moves in some names (FAS, SONC). Taking profits on most all non-core names here.

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  2. kidstock

    Pussies sell at resistance…keep half and play with the house’s money.

    Stay long until VIX hits 30.

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  3. gappingandyapping
    gappingandyapping

    Kidstock: I sold my trading portion of SONC, its a core position. On FAS, this shit is fucking volatile as hell, I am no degenerate riverboat gambler except in oil. Plus how fucked up is it that SKF is up and FAS is up. Truly a blessing but fucked.

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  4. gappingandyapping
    gappingandyapping

    Place your bids boys the auction is about to begin! We will see if its better today than yesterday.

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  5. Cash-N-Guns

    Gapping…FAS is one sick motherfucker…requires vicodin and a martini to enjoy owning the slut

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  6. gappingandyapping
    gappingandyapping

    Cash-N-Guns: I love C18H21NO3. However I am low on Vodka so having to punt it.

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  7. t

    fly, i think your crazy taking longs here… but i know you know your shit so you’ll probably read the tape and gtfo before it tanks.

    watching for a break of the morning highs to lead to an aggressive selloff over the next few days… back down to 750.

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  8. kidstock

    I dont speak ETF…only focus on individual names. Congrats on your sizable gains.

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  9. Cash-N-Guns

    Gapping well done laddie with the med #- now if i could only bake some at home i would be truly self sufficient

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  10. PRICERUNNER

    Nice picks FLY. Right around the VWAP. I am looking at about 7 stocks in the same state as your picks will go into stealth mode for a while. Good luck !

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  11. Fuck it, there’s nothing wrong with the economy. Fuck depression recession, economies fine look at markets whata fucking joke going long fuck probably go to 16000. Fucking joke

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  12. TraderCaddy

    Forget the economy.
    Forget Geithner.
    America wants to know about OctoMom.

    http://www.youtube.com/watch?v=qC-ebC4L4vQ&feature=player_embedded

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  13. The Contractor

    And we’re off!

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  14. jjjsix6

    What no warning of if I buy this stock the PPT will rate my social life as a stong sell and I may loose money?

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  15. Cash-N-Guns

    Trader- the Octo-moron-mom..its truly pathetic the dumb skank gets any note period..truly pathetic that its news…does the dumb slut have a job..? fuck her and all 8 future retarded wards of the state.

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  16. “jjjsix6 Says:
    What no warning of if I buy this stock the PPT will rate my social life as a stong sell and I may loose money?”

    You must remember there are more than just one Fly posting topics.

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  17. TraderCaddy

    America also wants to know if Cronkite is really Mrs. Fly. and if so who is watching Fly, Jr. (besides Steve The Neighbor).

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  18. flyreversal

    Fly now buying after leading flock into sell hole?

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  19. dave

    WTF is going on with solar names?

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  20. Coattail Rider

    I only know 2 things in this god forsaken world.

    1) Dont shit where you eat.

    2) Don’t doubt the fly.

    Riding his coattails as per usual on NSM. Yeeha

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  21. The Contractor

    Obama was talking about alt energies and getting off of foreign oil earlier.

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  22. jjjsix6

    “Anonymous Says:

    You must remember there are more than just one Fly posting topics.”

    The Fly is like Dr. Manhattan from Watchman!

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  23. Where is this market drop??? I’d love to see it!!

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  24. T MOE

    T MOE says fuck it and shorts GS at 111.50
    Interesting how they are not taking part in this rally. giethner’s proposed 6 to 1 leverage ratio would really hurt

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  25. jcvtwo

    Solars are up because the Chinese Treasury is giving a subsidy for solar panels. JASO YGE all solars flying.

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  26. Cash-N-Guns

    T MOE – look at MS as well..acting like goat shit too.

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  27. TheArtist

    Solar names were downgraded yesterday on bloomberg by some solar asshat analyst that stated solar was dead money and the technology just wasn’t investment grade and he said that they are propped up by government subsidy money…..so that translates into a “Buy” in my book……..and it seems n others as well.

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  28. TraderCaddy

    MS just threw up chunks with GS.
    T MOE is onto something.

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  29. gappingandyapping
    gappingandyapping

    Rally without the financials is a rally built on turds. However looks like the 7 year may be going better than yesterdays. We will see. By the way can a brotha get a refi under foe fiddy yet?

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  30. charlie

    Don’t forget, we may get a WTF bounce in fins

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  31. bradc

    CNBC: It’s best if the banks just…. go away… and the rest of the market just does it’s thing.

    hahaha ya! the banks don’t exist!

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  32. TheArtist

    Fly, are you still negative enough on CRE to short some of them here? MAC SLG HME etc.?

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  33. TraderCaddy

    Anybody else get the feeling that the people on the PPT forum believe they are superior and laugh at us like we are the kids on the short yellow bus?

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  34. kidstock

    I’m getting dizzy up here.

    Need to unload some positions…

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  35. The Contractor

    This place is like the Delta Chi house and PPT forum is the Omega Chi house. The only question is: Who is Blutarsky?

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  36. Prospectus

    TraderCaddy,

    Do you have a blog/website/twitter?

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  37. TheArtist

    anyone here looking at SKS?

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  38. RC

    Negative on that comment TC, the PPT is a gentleman’s club and we our solely focused on banking coin.

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  39. TraderCaddy

    RC- A gentleman’s club?
    Does that mean lap dances?

    Prospectus- No.
    I think I just figured out this dang internet thing.
    Seriously I registered for Twitter awhile back but haven’t done anything on it.

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  40. T MOE

    T MOE shorts MS at 25.70

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  41. kidstock, what is 30 on the VIX to you? A 30 VIV would mean the crisis is over and time to go long, no?

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  42. gappingandyapping
    gappingandyapping

    Wow a true Bull Market! Get my fucking party hat out now come on DOW 10,000! Where is that fucking weasel Dennis Kneale?

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  43. Prospectus

    TC, get on twitter, follow me (@prospectus) and send me a direct message.

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  44. DigestionQuestion
    DigestionQuestion

    Fly’s so great he left TNA @ $14 now $20, 30k shares = $200k missed-d’boat-move

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  45. T MOE

    My long positions in TIP and HYG are looking nice today. Have been long TIP since october. Bought HYG yesterday

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  46. Cash-N-Guns

    is the boat filled yet with all who sold 1,000 points ago..? come on we can fit a few more on here…right before we fucking capsize and u fat fucking landlubbers get eaten by bull-sharks(ironic..)

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  47. mrkcbill

    I’m sure Power Lunch was partying hard on Costco Meatballs and mini eggrolls. Get your 10,000 hats out!

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  48. kidstock

    Anon-

    I think the rally from the bottom ends around 28-30 VIX. Not sure when that will be out in time.

    We will have backing and filling along the way. I bellieve we are about to do some of that now…

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  49. gappingandyapping
    gappingandyapping

    DigestionQuestion: Why are you not running a billion dollar fund? Your risk management is awesome!

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  50. GARR

    When is Horatio Clawhammer coming out to play?

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  51. T MOE

    T MOE buys more TBT to add to his position

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  52. soon I hope.

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