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

Good News Everyone

The stupid men called “Sideshar” and “Joshingu” have been drawn, quartered then hanged by the iBC mob, who say “no more to low grade blogging and hideously wrong stock advice.”

Congratulations on the 12 remaining candidates. I intend to execute three more unlucky losers, after the close of trading—tomorrow. Or, who knows, I might just spring a surprise execution on you fuckers tonight.

Vote for the TWO candidates who are least deserving of an iBC blog. [296 votes total]
cuervoslaugh (7) 2%
AI (10) 3%
sidshar (43) 15%
discoordinated (16) 5%
Green Writer (10) 3%
pikertrader (15) 5%
DPeezy (26) 9%
Breakfast Meat (21) 7%
boca (18) 6%
ZMoose12 (9) 3%
Veritas5 (7) 2%
ripetrade (5) 2%
crgmdy (12) 4%
j0sh1ngU (74) 25%
JakeGint (23) 8%

UPDATE: GW killed himself. 11 candidates remaining.

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

104 comments

  1. ZenProfit

    Let them eat cake. The revolution has begun.

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  2. E8

    Can’t we just put them out of their misery with shots to the head like pirates?

    Oh the skullduggery of it all ….

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  3. j

    No Hangings, ffs. Guillotine only with a blunt knife. We want serious pain and blood dripping on the platform.

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  4. The Fly

    Actually, drawn, quartered then hanged is much more painful. Learn up on your medieval death sentences, son.

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  5. Breakfast Meat

    No surprises.

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  6. alf44

    “Something is rotten in the state of Denmark.”

    ~ William Shakespeare ~

    ———————————

    For ALL “next tabbed blogger contenders”…THE FIX IS IN !!! imo

    —–

    For those expecting a …

    “fair”…

    “democratic”…

    “popular vote”…selection process…

    I fear you have been misled (at best)…played the fool (at worst) !

    —–

    To think Fly would leave to chance/whim/fancy…

    a “roster spot”…on HIS BLOG SITE…

    …and NOT take a “dictatorial role” in the selection process of “said roster spot”…is shear fantasy !!! imo

    NO !!!

    NOT GONNA HAPPEN !!!

    The FIX is in…think about it !!!

    .

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  7. The Fly

    Fuck you. Surprises.

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  8. The Fly

    Alf

    If i could, I’d execute you for reposting that stupid theory of yours.

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  9. Breakfast Meat

    Eat me.

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  10. alf44

    PLEASE show mercy…and let me live !

    .

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  11. alf44

    …nevertheless…

    …I think it’s pretty much a foregone conclusion who comes out on top of this lil …

    Theatre Of The Absurd !!!

    .

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  12. j

    No fucking mercy, Alf44. Are you insane? These people put themselves up as bloggers. They knew their fucking fate.

    “Let all of them die so one can live” is the motto.

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  13. TheArtist

    HBAN up 43% including afterhours, E-Trade up 40% with afterhours, C up to 4.20 and BAC up to 11.20 in afterhours.

    just fucking insane, especially when you see these type percentages everyday, day after day. I haven’t seen this shit since the dot-com boom, which was only in tech, not everything…..everything, from solar, to cruiselines, to tech stocks to insurance companies are all up in 5 weeks between 100% to 400%…… fucking unbelievable

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  14. The Fly

    Good strategy telling Fly “eat me.”

    I see some of you fuckers are playing chest, while the truly deserving are playing chess.

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  15. JakeGint

    Okay, despite the “strong anti-Jake sentiment” running in the above polls these past two days, I’ve decided to fully participate by aggregating my “overall market thoughts” in 30,000 feet.

    Fly, RC and Danny, Watcher, KC… thanks for the encouragement.

    Wood, Alpha, you are dead to me. 😉

    ____________

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  16. alf44

    timely post…

    …as I said…THE FIX IS IN !!!

    .

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  17. Braveflaps

    Not much left to hang after your carcass has been drawn and quartered.

    They still do this to people in a certain middle eastern state, btw – with a jeep…

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  18. so i herd you liek mudkips
    so i herd you liek mudkips

    HAY GAIS

    Does anyone know what happened to citigroup after-hours to cause it to go la-la-land funny farm Charlie the Unicorn?

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  19. JakeGint

    Not much left to hang after your carcass has been drawn and quartered.

    True, you’re hanged first. Then they take you down before you’re dead, split ye open from knave to chaps, and reel your innards out on a spool, replacing said innards with “hot hot coals” and then draw and quarter your ass for the finale.

    Notable — all of these activities were “big” in Eurostan “back in the day.” Civilized fuckers, no?

    ______

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  20. IBC=FailedConcept
    IBC=FailedConcept

    Umm. You all suck. This is a circle jerk of pimply mediocrities in Fly’s parents’ basement. Fly being Lord of the Losers.

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  21. JakeGint

    Thanks for coming all the way down here to give us your take… Mister…uhhhm, Mister….. Mister….. Failed?

    chortle.

    ____

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  22. Cuervos Laugh

    shear

    I think you meant sheer

    Spelling is still pretty much essential.

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  23. CAP

    History of Drawn and Quartered. A medieval English punishment. Oliver Cromwell was drawn and quartered. Interesting never knew that. Signers of the Declaration of Independence were to be hanged drawn and quartered during the Revolutionary War.
    Other recipients of the honor.

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  24. so i herd you liek mudkips
    so i herd you liek mudkips

    Internet Law states that every blog post with the title “Good News Everyone” must contain a picture of Professor Farnsworth

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  25. Damon

    This is the reason the bank stocks have been doing what they have been doing:

    http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_G/threadview?m=tm&bn=8089&tid=369485&mid=369485&tof=2&frt=2

    Does anyone really believe that GS and WFC had THAT kind of turnaround?

    GS changed their fiscal year, so in two months they doubled the earnings estimates?

    C’mon, man.

    Without money from AIG and TARP they would be cornholio’d.

    Good short set-up today on GS

    (pre-mkt $121 to a high of $131+….yikes!).

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  26. j0sh1ngU

    Lol. i shall rewrite in about two days

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  27. Damon

    Sorry-bad link

    Original on seekingalpha.com

    http://seekingalpha.com/article/130712-are-the-banks-telling-us-the-truth?source=article_lb_articles

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  28. punyandy

    Am I completely retarded to be thinking about jumping on a few airline stocks? AMR and LCC in particular. Total “burritos,” if you will, but a play on modest oil prices and a bunch of “Steve the Neighbors” feeling entitled to a vacation, despite the fact that his 401k has been raided and he was laid off in December. Entitlement is the American way, right?

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  29. alf44

    punyandy…I wouldn’t “jump” on ANYTHING here ! fwiw

    ————-

    If you ARE truly serious about the air carriers…there will be time !

    They WILL pull back…as will this Market !

    Be patient !!!

    All in my opinion !

    .

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  30. Woodshedder

    Jake, you missed my comments a couple of nights ago where I stated that it would be a hard choice between you, Cuervo, and Boca. I said jokingly that boobs trump. While they do trump, I have not yet made up mind…except that I would be thrilled to see anyone of you three grab it.

    Then there is dpeezy…who brings the gangsta options.

    I don’t know. I’m torn 🙂

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  31. Just For Fun

    If Boca loses, you all lose!

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  32. alf44

    I don’t have a horse in this race…

    …but…as I’ve opined…the “winner” has already been selected !!! imo

    .

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  33. boca

    Thank you Shed, I’m just glad to be in such elite company as one of the candidates you’re considering.

    As I’ve mentioned, I favor a small multi-faceted team of bloggers to share a tab to best enhance ibc, and would love to be part of that team.

    Just For Fun, I don’t know you but I sure appreciate the kind words. You and Alf are being very nice to me.

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  34. gamesh

    When I was back in college, we used to play a game called survivor flip-cup. It’s a typical drinking game, except that you were forced to vote friends off. Well, long story short, this type of reverse auction for the next blogger can only end badly. I saw friends really get hurt. They were especially hurt as I flipped the table over after declaring victory over all of the losers.

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  35. Cuervos Laugh

    I can’t possibly think of better contestants to lose to than Boca, Jake, or DPeezy.

    Good luck.

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  36. Nosignsofgrowthyet
    Nosignsofgrowthyet

    Forget the Baltic Dry — here’s the real goods.

    Carboard box shipments remain wayyyyy down. No signs of increased demand.

    “Q: What are the latest cardboard shipment figures telling us about our economy?

    A: The patient is still sick — and no sign of recovery has shown up in the box numbers so far.

    According to the Fibre Box Association, shipments fell 3.5 percent in the second quarter of last year, compared with a year earlier. Then they fell 3.3 percent in the third quarter. After that, the bottom fell out: Shipments fell 9.9 percent in the fourth quarter compared with a year earlier.

    This year corrugated box shipments have fallen, on a year-over-year basis, 5.1 percent in January and 8.3 percent in February. The numbers for March will be out in mid-April.

    “There has been no improvement relative to the previous three months,” Longbow Research analyst Joshua Zaret said. “March should show some seasonal improvement within a context of weak overall demand, but these are very poor numbers.”

    http://www.baltimoresun.com/business/bal-cardboardbox0413,0,1813173.story

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  37. MOOBER

    Three for three.

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  38. Anton Cigur

    Way to play the humility card, Cuervos.

    That’s a proven vote-getter.

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  39. alf44

    boca…lest someone git the wrong idea…

    I HAVEN’T VOTED FOR ANYONE !

    Not to endorse them…Not to exclude them !

    ————–

    Your posts have been very good…plus…I would be lying if I said I haven’t had visions of…

    LARGE Natural Breasts

    …dancing (like sugar plums) in my head these last few days ! lol

    Ah hem…

    I’ve also enjoyed the stuff Veritas has posted…very well organized, informative posts !!!

    Good stuff !!!

    —————–

    ALL of the posts have been pretty good…I just feel that the premise (as it was portrayed) has all been “theatre”…for the amusement of The Fly !!!

    THE FIX IS IN !!! IMO

    .

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  40. Damon

    Fly:

    Looks like you could sell the website for $220K

    http://www.stimator.com/

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  41. boca

    LOL no problem Alf I just appreciate any kind words that come my way, it helps keep my spirits up.

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  42. Shon

    Damon-

    I ran Yahoo on that generator and got a $1,463,000,000 valuation.
    Looks like a random numbers to me.
    I ran ibankcoin 4 times and got between 64,000 and 460,000.

    It’s fun to watch the numbers escalate, though.

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  43. GonzoTrader

    Nosignsofgrowthyet,

    The trend is your friend!!! The market is a dumb whore beast, most of the people I talk to are dumb as shit, they all think the worst is over and are buying beat down bank stocks by the semi truck full. Being smart and knowing shit like the box orders are the lowest in the past 50 fucknig years only makes you poorer. Be part of the new dumb and buy crap stocks like the FLY says, this will only last a few more weeks.. and you can be smart again.

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  44. alf44

    GLTY…boca !

    You’re a winner in my book…regardless of how this plays out !

    And…a valued contributor here !

    .

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  45. MOOBER

    There has to be a way to use this photo on iBC

    http://www.thesmokinggun.com/archive/years/2009/0413092spector1.html

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  46. arnoldsimage

    fifteen years for murder? nice

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  47. go2mars

    No offence to anyone up in the tabs, but I’ve read some of your posts in the past, and found them not quite what I was looking for, though it seems well researched and presented. Nevertheless I generally stick to Fly’s blog.

    Other than Horatio Clawhammer’s (a name that I might steal, and affix to my unborn second child as first and middle name), I would only regulary read JakeGint’s blog. No offense to you other people. Many of you bring fine, intelligent, thought-provoking comments or links, but the volume of acutely incisive and witty postings by JakeGint, flavoured with a good dose of economic ideology that closely mirrors my own, leaves me cheering for this singular contestant.

    Best of luck to you JG. And next time you say anything about FAZ/FAS, I’ll listen a little more closely. You see I bought a little at $17 (I was an FAZ virgin before that), then went out of town, and was away from modern technology until today. While I was buying it, you were advising some arguably stupid poster that instead of 34% of his account in FAZ, he might as well donate his $ to the Neverland Ranch, or some such.

    End of tranmission from Mars.

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  48. AI

    ibankcoin.com report:
    Estimated on: 04-14-2009
    VALUE
    5.49
    WEB RECOGNITION
    5.78
    POPULARITY
    0.00
    WEB VOLUME
    3.57
    LINKING DATA
    5.92
    INLINKING SCORES
    6.44
    SOCIAL SCORE*
    2.45
    (*) available since 03.Feb.2009
    $ VALUE
    USD :$623,512
    EURO :$466,805

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  49. MOOBER

    I need some help on BOOM. I heard that S&P downgraded it to “sell” yesterday. I have a report from 4/9 that says “hold.” Does anyone have something on the downgrade?

    Also, call volume is surging. I do not know much about this sort of thing. Is this a significant divergence to you?

    Here’s the link:

    http://tinyurl.com/c2xmyw

    4/13/2009 3:42 PM

    Dynamic Materials Corporation (BOOM) tumbled lower at the open, with the shares dragged into the red by broad-market woes. Oddly enough, though, the stock rebounded into positive territory just after midday — right around the same time that S&P Equity Research downgraded BOOM from “hold” to “sell.”

    BOOM price chartToday’s mostly inexplicable trek higher extends BOOM’s recent winning streak on the charts. Since March 9, the shares have climbed consistently, and they’ve won the support of their 10-day and 20-day moving averages in the process. However, a technical hurdle looms almost directly overhead in the form of the equity’s 20-week moving average. This trendline has contained all but 1 of the security’s weekly closes since March 2008.

    In response to the stock’s strength, option players have started to gravitate toward BOOM’s calls. During the past 10 days, traders on the International Securities Exchange (ISE) have bought to open 15.13 calls for every put. This ratio ranks higher than 92.5% of other such readings taken during the past year, revealing that the equity’s call options have rarely been more popular.

    Meanwhile, short sellers have scrambled to find the exits. Short interest on the shares has fallen sharply since last October, and tumbled by 20% during the most recent reporting period. This steady influx of buying pressure may have helped contribute to BOOM’s short-term uptrend. If the shorts continue to flee their losing bets, the rally could continue — short interest still accounts for a respectable 7.2% of the equity’s float.

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  50. The Fly

    iBC is worth many millions of dollars.

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  51. The Fly

    LOL @ Trump advertising on iBC.

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  52. Woodshedder

    re: Trump. I hope we gave him an egregiously unfair price gouge.

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  53. Goin'Fawr

    A question for DevilDog: DD, can I get a timeframe on when POG is supposed to hit 840? Or 600, or whatever ridiculous number you will pull out of your ass next? 2030 or thereabouts? And will that be counted in CAD, PESOS, RUBLES, or YUAN?

    FOr the rest of you from the Socialist Capitalist (Not ‘Socialist for the Wealthy’, ’cause if I lived in a backward assed nation like that I would just LOATHE paying taxes) who gave you a 30% gain on SU, or if you were a close friend, a 100% on IVN and TKO:
    NG starts smelling rosy again when POG DOESN’T ‘devildog’ and hits $900 or more.

    Please note: All forward looking statements in this comment could be inaccurate, past performance does not indicate future results, the french probably invented cheese by accidentally stepping barefoot into a pail of milk on a hot summer’s day, etc.etc.

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  54. The Fly

    Trump paid $500 for the ad–a fair price.

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  55. Goin'Fawr

    Trump paid $500? A fair price, sure, as long as his mug is gone by morning…Wait a minute, it’s working: I want him to teach me how to be born with money so that I can ride on the coattails of my father. It must be a Hindu thing,right? I can’t imagine it to be a very thick book, even with 14 pt helvetica. But congrats to IBANKCOIN on the C-list celebrity exposure. When is Cramer’s ad going up?

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  56. j

    fly:

    Other than Jake, the rest of these contestants are simply unworthy.

    I’m putting myself up as a contestant. I know it’s after the primaries and all, however the convention is where things are settled.

    I just can’t stand the idea of these also rans and inferiorities ever, ever getting a spot on the front row.

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  57. go2mars

    If you take j’s tardy arrival, then please throw go2mars into the contest too. My focus is on oil and gas companies, and trends within the industry in general as you know.

    Mars.

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  58. dave

    Trumps book should be called ‘How to attach your name to bankrupt projects that leave investors holding the bag.’

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  59. j

    mars:

    I like you, you a decent commenter, however you simply don’t have it to be a first rate blogger.

    And the hypocrisy just oozes out from your last comment.

    If you take j’s tardy arrival, then please throw go2mars into the contest too.

    If my ” arrival” is tardy, wtf is yours then? Tardy and unoriginal?

    That’s a sure indication of how your going to blog…. Tardy and unoriginal and this place simply deserves better than that. Hell the readership demands it.

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  60. Anton Cigur

    j,

    Sorry about your Moms and I hope she’s okay.

    Now dial it the fuck down.

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  61. j

    Thanks Anton. Early days yet.

    Come’on dude this poll is great. Anyways after seeing all the negative votes on my candidacy in the comment I’m withdrawing immediately with tail firmly between legs.

    No way am I going to be executed by fly. 🙂

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  62. j

    Anton

    You see what’s going on here, right?

    the least likely winners are piling on Jake (by voting against him), who is the most likely winner to take him out of contention. So there is a fix, however it’s a fix by the other candidates.

    You see this, right?

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  63. Anton Cigur

    j,

    You need to turn your number crunching and analysis toward the markets and away from ball busting and assholiness toward these good folk. I reject your premise that one candidate is being unfairly treated by the others.

    This is Thunderdomesque democracy.

    There are at least four candidates who are worthy of being heard. I don’t want three of them to be stifled. That’s a net loss.

    A champion will emerge. And, in keeping with the spirit of the season, that champion will quickly be crucified by the unwashed hoard s/he attempts to save.

    Hallelujah.

    And now it is time for bed. I hate it when I run out of sweet, habit-forming Ambien.

    Good night, j-boy. Or, rather, “G’day.”

    Play nice.

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  64. Teabagger

    In the interest of helping Fly with a selection, (Methods of execution)here goes.
    Better than the guillotine is a Hollow, Cast-Iron Bull (Wall Street Proper) with a door in its side in which a person was placed. A fire was then lit underneath the bull, and the person’s screams were said to sound like the bellowing of cattle.
    Ironically, the bull’s creator, Perillus the Athenian, was ordered by King Phalari to be the first to try the invention.
    Don’t think they have the corresponding Cast-Iron Bear but maybe Fly can create one.
    Just trying to be helpful !!!!

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  65. alphadawgg

    The bloomin’ Irishman gets my endorsement. He’s been around since the early days when The Fly had his blogspot. Besides, when (if) Jake is installed, we could see the return of “On the Road”, Jake’s old nemesis. You veterans on this blog know of which I speak.

    The banter and insults between them were classic.

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  66. Anon#2

    The DRAMA continues.

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  67. TraderCaddy

    The iBankCoin election process reminds me of when the Gov’t did away with student deferments and reinstituted the draft when the Vietnam War was peaking (incursions daily into Laos,Cambodia, etc.)
    Everybody in the dorm building put $1 into the pot and the person with the lowest draft number got to keep the pot.
    He was a winner and a loser at the same time.

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  68. j

    Interesting poll taken by RBS of it’s client base.

    Here’s the results.

    S&P hit a cycle low of 667 on march 6th. IS this a cycle low?

    28% said yes. 72% said no.

    Q2: If you were given $100 to invest right now for the next 6 months, where would you put it?

    7% equities
    27% corp bonds
    18% fin bonds
    19% gov bonds.
    10% other

    Are you more worried about inflation or deflation over the next 6
    months?

    78% deflation
    22% inflation

    Is credit cheap, fair value or expensive to equities?

    61% cheap
    31% fair value
    9% rich

    An aggregate of G7 CDS is currently at 75bp. In 8 months will this be?

    Wider 66%
    Narrower 34%

    What % chance do you place on a break-up of the euro area (total OR
    partial) over the next 2 years?

    The great bulk of the respondents suggested no higher than 30% implying it was extremely low prob.

    What is your favourite currency for the next 8 months?

    34% US Dollar
    13% Euro
    9% JPY
    16% GDP
    11% Aussie
    6% NOK
    4% swiss
    3% cad
    4% other

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  69. the prof

    six more contracts here…

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  70. TheArtist

    Fly, Op-in-heimmer just downgraded your oil companies, XOM CVX COP etc. You have been way ahead of these guys.
    XOM headed back to 55.00

    great call over the last 6 months. you’ve been right on it.

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  71. The Merlin Says

    POOF YOUR BULLSHIT RALLY IS VANISHED.

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  72. the prof

    1k srs here…

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  73. TraderCaddy

    SMH could be a nice scalp long at the open. Gonna wait 1-3 minutes before I decide.
    Spitzer in and out, if it’s a go.
    If no go who knows what the day will bring.

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  74. gappingandyapping
    gappingandyapping

    DRYS with a nice contract. Glad I made the buy yesterday even though Fly tortured me over the PPT.

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  75. TraderCaddy

    It’s a go (for SMH).
    Also watch homies via TOL.

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  76. TheArtist

    SRS and FAZ look good here this morning.

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  77. gappingandyapping
    gappingandyapping

    It appears the Bears have once again covered at the top yesterday and Thursday.

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  78. Cash-N-Guns

    GS= golden scrotum…smells like destruction to me…shareholders that is…fuck lloyd the bald lying faggot bitch…bye bye C / BAC..your fucked sideways too

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  79. j

    Cash and Guns:

    So you saw a tree falling to the ground on the weekend and using that as a signal that GS and the banks are taking a swan dive?

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  80. alf44

    “Mark (it’s a NEW Bull Market) Haines”

    …is a blithering idiot !

    .

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  81. TraderCaddy

    Done for the AM.
    Thanks SMH.
    May move into ITB (homies etf for a scalp).

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  82. Buckeye Bob

    Depression over, pirates dead and baltic dry up two days in a row

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  83. Cash-N-Guns

    J..it was not a sign from the Tree people…just a humble opionion…based on the fact that the banks – just make shit up…but they cant hide the fact they need many more trees to print and raise money…they fucked.

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  84. the prof

    taking profits on 3 contracts, holding 15… adding to SRS

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  85. TraderCaddy

    Still watching ITB (and TOL).
    And any decent SMH pullback.
    Otherwise, it’s nap time.

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  86. banker

    BAC/C positive for the day already, every dip will be bought

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  87. MOOBER

    BOOM is running

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  88. j

    What’s your big target on BAC banker?

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  89. TheArtist

    DNDN on fucking fire….. 7.50 to 20.00 in this morning.

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  90. TraderCaddy

    Now watching for daytrade op. in gold stocks.
    Metals down, stocks up.
    May or may not mean something.

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  91. TheArtist

    A little bit of reality might be leaking thru on the bank stocks starting today. FITB already downgraded today, more to come I see. But there again who the fuck knows what will happen. I would be a dip buyer but my dip on BAC/C is a drop of about 50% from where they are today…..

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  92. banker

    my dip on BAC/C is a drop of about 50% from where they are today…..
    —————
    i wish so that i could buy more too but i doubt it is gonna happen

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  93. TraderCaddy

    I smell something funny with TOL.
    Another homie buyout?
    Don’t like price movement in RYL.

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  94. TheArtist

    RCL is looking better now that spring is here. might be a future play if Obama really opens up travel to Cuba for all americans…..not that anyone would be excited to go to Cuba over Nassau, but that has nothing to do with people jumping all over a stock play on the deal…..

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  95. mustard seeds

    TOL..never know but the Toll Brothers dumped a huge amount of their personal holdings….RCL was on Tradinggoddess as a Cuba play…RYL No products/homesales no shippy/no movey/no renty

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  96. TraderCaddy

    Gold stocks acting well with metals down.
    Something up.

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  97. mustard seeds

    FAS/FAZ to cross

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  98. Cash-N-Guns

    TraderCaddy – noticed that as well….perhaps the somalian pirates have stolen the swiss banks stash,,,

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  99. Dicey

    j – any chance that RBS piece is available online?

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  100. JakeGint

    Now watching for daytrade op. in gold stocks.
    Metals down, stocks up.
    May or may not mean something.

    About time the miners took leadership. Still waaaaay underpriced in relation to the metals.

    GDX, RGLD, SLW, PAAS, ANV, EGO, IAG… the list goes on.

    _______

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  101. gappingandyapping
    gappingandyapping

    Shippers are absolutely fucking smoking here! DRYS is running like mad ready for a squeeze and so is GNK! Long live the PPT!

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  102. JakeGint

    Keep in mind, RBS is a near-100% nationalized bank, in the UK.

    Grain of salt, contrary indicators, yada yada yada….

    __________

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  103. gappingandyapping,

    what kind of legs does DRYS have? bought at 4.90 and am loving this shit.

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  104. TraderCaddy

    Gotta repeat the gold stock outlook for at least today.
    Looks like a go.

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