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

DEATH TO VINCENZO

Just in case you’ve been unsuccessfully trying to visit this Goldy website wondering: “WTF is going on with this geocities type, slow, piece of shit offal of a site,” I can tell you the problem.

VINCENZO.

We have two IT guys on iBC: Jeremy and VINCENZO. Jeremy created all of the good stuff: web design, widgets, PPT etc. VINCENZO is in charge of the server and bandwidth concerns. We keep him holed up in a “cold room,” where he keeps busy with his spaghetti and meatball meals, large vats of olive oil and balsamic vinegar. From time to time, he causes catastrophic, irreversible damage to iBankCoin, such as now.

Early reports indicate that VINCENZO dropped an entire pot of gravy on our servers, slipped on the scattered pasta, then accidentally kicked an entire basket of bread crumbs into iBC’s server rack. As a result, the site as been intermittently offline. As I write this, VINCENZO is mopping up the gravy and picking out small pieces of embedded sausage from iBC’s expensive hardware. I authorized the purchase of new equipment and the suspension of VINCENZO, for an undetermined length of time.

God willing, the site will be running smoothly, able to handle all of the auto-refreshing cocksuckers, who bog down CA’s busy trading room, first thing Monday morning.

As an aside, I blew out of 50,000 FITB, north of $7.90 and I bought another 25,000 FTK, around $2.60. Into the bell, I like stocks, but feel comfortable raising a little more cash. I will sell out the remainder of my FITB position, north of $8. And, I sold out of my ATHR position, north of $18.85.

UPDATE: I sold out of MWA, north of $4.25.

UPDATE: I have been raising my cash levels, through various sales, and now possess a cash position just north of 10%. Over the weekend, I will post my top 10 positions and strategy, exclusively, on The PPT.

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43 comments

  1. bears are shitting on the bulls…. In progress

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  2. The Fly

    sold out of MWA, north of 4.25

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  3. Anton Cigur

    Fly,

    Maybe if you held an offsite out in the country somewhere where you could lead your team of tabbed bloggers and IT guys in some “Outward Bound”-style bonding excersises, then Vincenzo would understand how important his contribution is to the enterprise and be more careful with his gravy bowl.

    I’m not even going to mention how valuable this could be in tabbed blogger retention in light of Alpha Dawgg’s recent departure.

    Leadership isn’t all just throwing frozen cans of Monster soda and howitzer blasts to the face, you know.

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  4. kouchuu

    These late day sellofs may be the proof of what everyone deep down suspects — that this market’s floated by day trader bullshit.

    Buy in the morning, joyride thorugh the day, get the fuck out before the bell.

    This is the opposite of what we saw on the way up, with late day rallies as everyone piled in for the next day’s gap up. The expectation now looks to have reversed.

    P.S. I always assumed iBC’s “web design” was some sort of ironic MySpace ripoff. Are you trying to say that iBC is paying for this shit? Please tell me “Jeremy” is a 3rd-rate indian outsource.

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  5. Anton Cigur

    Fly,

    Maybe if you held an offsite out in the country somewhere where you could lead your team of tabbed bloggers and IT guys in some “Outward Bound”-style bonding exercises, then Vincenzo would understand how important his contribution is to the enterprise and be more careful with his gravy bowl.

    I’m not even going to mention how valuable this could be for tabbed blogger retention in light of Alpha Dawgg’s recent departure.

    Leadership isn’t all just throwing frozen cans of Monster soda and howitzer blasts to the face, you know.

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  6. zephler

    CYOU – has the hottest game, in the hottest chinese sector right now – NTES, SOHU, SNDA all near 52 week highs, with CYOU having the most popular game and a very small float…

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  7. Aristotle

    Send Vicenzo back to Italy with a bowl of spaghetti on his head!

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  8. The Fly

    ANTON

    You know nothing of managing a first tier blog. Please refrain from offering inane advice.

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  9. AUTO REFRESHER

    YOU MAY NOT BE ABLE TO SHUT EM UP, BUT YOU SURE AS HELL CAN SLOW EM DOWN.

    Warm Regards,

    Auto Refresher

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  10. ibc Mama Bear

    Jeremy is first rate at anything and everything. A serious Grrrrrrrrr…..

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  11. WTF

    Henry Fool for tabbed blogger as long as he itemizes and keeps us all upadated as to his medications, dosages of same and whenever he takes a dump.

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  12. Anton Cigur

    Fly,

    You’re right. Those kinds of rustic, pseudo-boot camp experiences are difficult to pull off as a leader if you’re shackled to your inhaler.

    Maybe if you took the time to understand Vincenzo’s personal issues…

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  13. SteveTheNeighbor
    SteveTheNeighbor

    Fly. Please tell Vincenzo to stop throwing his meatball sub napkins on our property while he is fixing the dry rot on the side of your house. And tell him to stop looking at Mrs. Steve in our hot tub.
    At least the illegals were neat. Didn’t understand them but were neat.

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  14. Mr. Market's boner
    Mr. Market's boner

    It’s Foo Fighter Friday!

    http://www.youtube.com/watch?v=WG294M_kYWM&feature=channel

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  15. The Fly

    YOUTUBE IS DOWN TOO.

    Being offline is in style.

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  16. Dr. Incognito

    Does Vincenzo also work at the NYSE?

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  17. Mike

    anyone who writes “grrrr” will be shot on site

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  18. Anton Cigur

    I don’t think it’s fair to compare the Fly – Vincenzo working relationship to the Donald Trump – Carrie PreJean dynamic.

    It’s inevitable, but I still don’t think it’s fair.

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  19. TraderCaddy

    Anton-
    Which one is the Carrie PreJean?

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  20. Donald and Carrie
    Donald and Carrie

    Cigur in 3D:

    http://www.youtube.com/watch?v=YEg4pQ21Pp0

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  21. TheArtist

    Meanwhile Alphadawg is sunbathing in the French Riviera, being served wine and faned with palm leaves by naked French 19 year old hot ass chicks with hairy armpits wondering what to have served to him for supper.

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  22. Anton Cigur

    TC,

    The one with the nude web pics.

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  23. gappingandyapping
    gappingandyapping

    TheArtist: Bitches are much hotter in Spain and they are not all hippie hairy hos. Lloret de Mar is very nice and a fun party place.

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  24. NoShitSherlock

    Do we have a glimmer of the Fly’s true identity? Who but an Italian fly would call spaghetti sauce gravy. Mozillo – is that you? Too much time on your finely tanned hands?

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  25. Ring

    lots of active IT users in this blog…like me

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  26. PTVA

    Sounds like you need to get the IBC shit together– not running redundant boxes FLY? I would expect more from you. Learn about it.

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  27. iguana

    Have the RSS feeds on this site ever been functional?

    Set them up today and seems they only work half of the time and for half of the bloggers

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  28. so i herd you liek mudkips
    so i herd you liek mudkips

    iguana: the links on the bottom of this page work (and i think they’re all supposed to be in the same format, so change them to be similar to this one)

    also if the admins decided to raise the Comments RSS above the 10 most recent comments (to about 30-50), it might help the load, especially in places like CA’s blog

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  29. 2 bit...

    Fly trying to get feel where the market is heading..and what would be some safe bets if the market were to sell off over a period of time..would heath care holdings a
    gold be a safe haven. Or are we moving higher in a cyclical
    sector.

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  30. Hawaii Five O

    Fly,

    Please tell Vincenzo to get it together.

    I already in withdrawl.

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  31. artha

    also sold my MWA at 4.30
    sold JASO, GME, MEE

    I’m reducing longs out of fear, and for good reason dammit.

    liking my GILD and GSI (long term china steel play)

    GU (ummm. it was green yesterday) they have a price/book of 0.16
    SBS (also green yesterday and long term with divis of 7% and earnings in Real)

    NOV (possibly exposed to the ravages of the swarming anti-oil orcs)

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  32. j

    Fly:

    Fire Vinnie. At the very least fire him for a week and teach him a lesson. I fired someone for a weekend once and it sure worked.

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  33. TGiR

    I just fucking love that goat pic. I need a fullsize one for my desktop.

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  34. Snapini

    Fly…I have a message for you on my Twitter.

    twitter.com/Spimeate

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  35. good series

    and the best trophy in sports goes to the Penguins!

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  36. The Madison Avenue Rod, Gun,  Bloody Mary and Labrador Retriever Benevolent Association
    The Madison Avenue Rod, Gun, Bloody Mary and Labrador Retriever Benevolent Association

    “Leadership isn’t all just throwing frozen cans of Monster soda and howitzer blasts to the face, you know.”

    The above is true. Leadership needs to remember, in a warped kind of way, that the daily beatings should continue until morale improves.

    When I read the first line I knew it had something to do with gravy again.

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  37. iguana

    so i herd,

    Topics display properly, but I’m having problems with comments

    The Fly’s are ok, but CA’s and some of the others are not updating properly

    Can anyone confirm if they have the same issue?

    Thanks

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  38. iguana

    re: RSS feeds

    Topics display fine, but I’m having issues with comments
    Fly’s are ok, but CA’s and some of the others are not updating

    Can anyone confirm if they have the same problem?

    Thanks

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  39. BDIview

    Baltic Dry…20% negative this week.

    Current 2009 shipping rates: $58k.

    2010 rates: $24k

    China stocked up raw stuff on the cheap, can’t use the booty this year, docks clogged, loaded ships can’t unload.

    Bullship rally

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  40. even bears?

    Mike— I get it the whole lol pffff grrrr overdone thing coming from humans. but bears
    seem like they’d be exempt on the grrrr.

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  41. JakeGint

    Yo! Yo!

    You cadged mah tree goats!

    (See Mr. Wu’s favorite expletive)

    ____________

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  42. Niklas

    Dear Fly,
    What’s your take on SAY?

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  43. Alex

    fly, if you need a new web engineer, let me know

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