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
23,441 Blog Posts

Nothing to Fear

For fucks sake, the CAT finance bonds, bought @ $93, 7.5% yield, which many of you poked fun at, are now trading near par. Once thought to be dead bank stocks, like CORS and FTBK, are alive again and eating the brains of those who are short. Tech stocks are ignoring today’s “death to equities” chant, all the while you—the last man fighting ww2— keep shorting the banks.

What the fuck do you idiots need, in order to stop you from hurting yourself? I am intervening in your stupid life, on a continuous basis. After my 1,000th win, you’d think that my word meant something, but no. You and your ego, remain steadfast in shorting the market until your pathetic online account is gone.

I initiated a position in SFE today, despite its rag-tag equity price. Truth be told, I buy SFE once every 5 years: I never lose.

At these levels, I like CUZ, TWi, ATHR, SFE, RFMD, FTK, GMO and DELL.

However, due to my insane year to date gains, north of 50%, I will not dive into the market—on a mere 100 point pullback. I have a 35% cash position and will use it to buy real dips, not this cowardly cub-like scratch.

UPDATE
: I bought 20,000 BEE @ $1.36

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35 comments

  1. Big Mike

    Go long the QQQQ until SP500 reaches 200EMA…

    I REFUSE to buy those pieces of shit penny stocks…as distinguished gentlemen like myself do not frequent the flea market.

    Giddy up! Class dismissed…

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  2. TraderCaddy

    Did Margaret Brennen on CNBC have breast enhancement work or was she wearing a push up?

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  3. Be careful, BEEs sometimes sting Flies. When is the Fly Cam going to be turned on? We want to see you in action pushing the levers and buttons.

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  4. The Contractor
    The Contractor

    Or perhaps it’s one of those special Victoria’s Secrets bras that work via magic aka stuffed with silicone.

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  5. Cash-N-Guns

    TraderCaddy…looks like she found some florida grapefruits and got creative…was noticeable increase in volume there…

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  6. Keyser Soze

    Is Maria B. pregnant or impersonating Sue H.?

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  7. E8

    Sold GKK @ 3.25 …

    Bot BEE @ 1.40 …

    Carry on ….

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  8. Cash-N-Guns

    Keyser…just a case of fat,sloppy northeast chicks..fuck them. Go 3rd world girls..more fun…trust me.

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  9. Jed

    Gentlemen,

    Give credit where credit is due…Margaret Brennan’s rack today was nothing short of stunning.

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  10. TheArtist

    DRYS getting slobber knobbed for the last few days.

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  11. Big Mike

    You guys must be stoned or something…

    Of course they are PUSH UP bras or the so called “Miracle Bra”…

    Michelle Cabrera though…yeah, those things are real…

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  12. crgmdy

    Fly,

    In the spirit of crappy stocks and all what do you think about MBHI. The CORS rally has me looking for bank crap that hasnt popped yet.

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  13. TraderCaddy

    Meredith speaks.
    Ssssssh. Quiet while she talks.

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  14. Big Mike

    Erin Burnett though…I’ll bet the Fly has bigger breasts than her…

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  15. gappingandyapping
    gappingandyapping

    Who is calling Meridith a liar today?

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  16. Cash-N-Guns

    Cabrer is a goat,chubby beaner pig…wouldnt spit on her..

    Whitney knows her shit..

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  17. The Fly

    Mike

    Your mother has a large cock.

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  18. TheArtist

    are they talking about green shoots or green shits?
    dunno.

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  19. JakeGint

    This is gold for the Star Trek fans.

    (And those who love/hate them)

    _______

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  20. The Equalizer

    All this talk about boobs makes me wish I’d bought HBI a few weeks ago. Still looks like a nice chart, come to think of it. Adding to watchlist.

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  21. Keyser Soze

    Meredith is all bearish again. I guess she missed Lakshman Achuthan’s interview today where he said there is clear evidence of a cyclcal recovery starting by late summer. It’s a fascinating interview if you missed it because his is so optimistic and confident in his forecast.

    http://www.bloomberg.com/avp/avp.htm?N=av&T=Achuthan%20Sees%20%60Crystal%20Clear'%20Signs%20of%20Cyclical%20Recovery&clipSRC=mms://media2.bloomberg.com/cache/v4GFeRUkmrVI.asf

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  22. The Contractor
    The Contractor

    Get into the funnel.

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  23. DEVILDOG

    Fly, how much higher than Friday is today’s rally going to take us by the close? TIA.

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  24. You watch CNBC?

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  25. TheArtist

    alright, who would you rather be married to, Meredith Whitney or Norah Jones?

    the testing prior of each naked singing in the shower is not permitted.

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  26. Big Mike

    Don’t hate Senhor Tropicana…

    Here’s a pep talk though

    http://www.youtube.com/watch?v=WJdCiV3EkTA

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  27. isay

    Meredith is hot and her husband is a real man who runs his business (Layfield).
    But as a musician, Nora is very hot, as well.
    Tossup!!

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  28. The Fly

    THE KARABELL IS ON THE TEEVEE.

    The ugliest man in the world.

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  29. FLY GUY

    “Mike

    Your mother has a large cock.”

    this shit is priceless…..ROTFLMMFAO

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  30. Cash-N-Guns

    Karabell is Cramers lost cousin…oh and fuck cramer and his buy on WFC friday…bald dickfuck

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  31. CBC up today like it was BAC. Take a 17.5 hour break and we’ll meet back here to do it all over again.

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  32. Mushroomz

    Buying GOOG

    It cleared ALL its big MAs and will rally up to the 300 day MA

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  33. Goin'Fawr

    All bulls: is this ( Miss Information )where you have been getting your data?

    For those who took my advice and bought NG when POG crossed the $900/oz line: you’re very welcome for yet another 25% gain. Pocket your meagre takings, and go buy yourself a nice lollipop. Alternatively: grow a pair and, well, you know…
    I noticed Compton Petroleum made the PPT, nice one Fly and co. I had reserved that buy last Tuesday for myself, and my closer friends. If you are still holding, huge, bolshy congratz. We ‘only’ got 42% out of that one: my trigger finger got itchy. (Although I am sure some of you will attribute that sell to a more yeasty malady.)

    To those who are still holding my SU buy from not too long back, but long enough: you greedy, avaricious fuckers, how much money do you need, anyway? ie WELL DONE.

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  34. GoinFawr

    Link fart, sorry. Here ya go: Find Rally

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  35. PoorOkie

    Ok, I usually don’t do the piggyback shit but I bought some SFE at $1.05 today. I think I threw up a little bit in my mouth when the trade executed.

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