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
23,434 Blog Posts

Penny Stock Pandemonium

I like the rally. I really do. But when shit like [[UIS]] is flying off the handle, coupled with a little [[REV]], [[QTM]] and [[PIR]] action, you know the rally is long in the tooth.

However, it has always been my belief, despite my brief SRS/FAZ foray/debacle, the market is destined to rally until May. Without a doubt, the summer winds of despair will whistle at investors over sized ears, once the unemployment lines reach carnival-like proportions.

However, it’s just too much fun, playing with all of these little penny stocks, making a gagillion dollars per day. It’s almost as if the recession wasn’t real. It’s almost as if, men with florescent orange leotards are running the country.

At any rate, before the miserable month of May approaches, I will endeavor to have fun, on the long side of trades. I must admit, I do enjoy kicking you old fuckers down empty elevator shafts a great deal, indeed.

For a trade, I like ODP, CRR, JDSU and ASX, right here, right now.

NOTE: Latest poll showings had Jakegint in the lead.

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11 comments

  1. Big Mike

    Oye Senor Tropicana,

    Do you trade convertible bonds, IG and stuff?

    Also, are you a net seller on May? Or should I say, is this THE BULLMARKET?

    Thank you kindly boss…

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  2. alphadawgg

    Enjoy it while it lasts, because it won’t. I’m already planning my next positional foray to the “dark side” in anticipation of the next “crisis du jour” (which is actually still the same crisis).

    Glad you have a smile on your face as you punch moustaches off of the jelly-donut-eating bears.

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  3. Some Dude

    Considering the distribution day a few days ago and volume on indexes today I’m curious to see how this ends at market close.

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  4. Vijay

    As much as I hate that you’re playing the long side and associating yourself with men in pink pantihose and various other deviants, you’re still my fucking hero FLY.

    I went short GS, and long SRS near the close yesterday. Wish me luck you orange jumpsuitwearing fucker

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  5. DrBigBoss

    LLNW looks good too, especially on takeover candidate

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  6. Cash-N-Guns

    GOOG acting like a frenchman with a loaded gun..no fucking clue..mkt looks ready to shit itself.

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  7. BenjaminSinus

    Asslesschaps, CA [AP] … Ratings of the CNBC’s hit show (and alleged rip-off of “Herman’s Head”) “Fast Money” have dipped 37% since the departure of Dylan Ratigan, according to Cocks Cable. Also in addition too, other snippets and trinkets of CNBC’s useless day where Ratigan once appeared have fallen off a cliff, after running out several yards first like a cartoon coyote. Corrolarily speaking, each instance of Dennis Kneale’s cretinous mug showing up, in color no less, has resulted in flurries of online gun orders. When reached for comment, Barney Frank uttered some noises that sounded like a platypus gargling marbles.

    I said “Good day, sir”.

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  8. MOOBER

    The PPT is really great. Everyone should take a peak for $2.

    Also, BOOM is BTFO

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  9. NourielRubmyweeny
    NourielRubmyweeny

    What a bunch of toadies and asslickers. The “crap rally” goes poof soon taking the greater fools like you and Fly with it.

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  10. Razncane

    Check out PPT- pretty …overwhelming. I’d have paid $3 for the day but hey, FAZ kicking my ass so glad Fly could help out some mongruls.

    Come on , Jump in , the water is fine. And very , very distinguished

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  11. veblenschild

    what a contrary indicator the commenters here have become.

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