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

Shhhh, Do You Hear That Noise?

It’s the sound of your money being transferred to me, Mr. Bearshitter. I don’t care if the market drops 1,000 on Monday. You, Sir, with all of your dire warnings, have failed to be a voice of reason, for the investing public. If you want to give opinions, be sure to know whatever it is that you are talking about—prior to going public. Do not make believe to be an authority, based upon wild theories or lines on charts.

Tell me where the money is going; then I will listen to you. Show me an earnings shortfall, then point to where you suggested going short ahead of the news.

Frankly, being on the inside looking out, I feel sorry for some of you clueless fuckers, unable to get even one call right.

Remember, investing is not for everyone. It has taken me 20 years of study to fuck with this market, the way I do, like a remote control car. Don’t think for a second that investing is easy, else bastards like me will fleece you of all of you coin, inside a short trading week.

Enjoy the weekend.

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30 comments

  1. Gordon the Gekko

    What about DIS, Fly? I was sure that you would buy some this week.

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  2. DPeezy

    Anybody know what happened to JRCC right around 11am today? Somebody leak a nasty rumor?

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  3. dan

    does anyone know when FTK reports? scratch that August 10th is the date…shall be interesting…will definitely be listening to that conference call

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  4. Fly's  toupee

    Dear Mr. Bearshitter, i dont know if I’m qualified to give the public advice by your standards but i sure as hell know what a bald head looks like. Since you kindly asked for advice, you should put a toupee on your bald head before going public like that. How’s that for investor protection?

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  5. Larry

    I will wire you all my trading account money now.
    Thank you for the lashing.

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  6. omfgitsjd

    Here’s the deal. The U.S. is like a freight train. Despite the mind numbing fuckery, power grab attempts, and general bullshit, the machine is far from derailed. The country is geared to deal with abrupt change and is therefore adaptable to a large number of possible circumstances. It’s natural resources far exceed many parts of the world. The market downturn was engineered for another power grab and if you missed the hay day, then the lesson is to understand why the market is moving and where it’s headed.

    By the way, Billy May has died from cocaine use. So Shhh. We need a moment of silence.

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  7. gappingandyapping
    gappingandyapping

    Indeud today was a day of glory for myself. Multiple wins both in and out of the homo one named “the market”. I am on my way to the glorious confines of the steak house via train. Enjoy the weekend indeed!

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  8. EN1GMA

    C’mon FLY, what’s your time machine say about the market on Monday?

    Btw, how did Serena Williams find out about your blog? She dubbed you the ‘blogfather’… quite the compliment by a superstar athlete

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  9. Yogi & Boo Boo

    Indeud. Well said sir.

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  10. DownTick

    Fly,

    Is it too late to ‘Ride the Monster’ after the huge earnings gap up?

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  11. gappingandyapping
    gappingandyapping

    Holly shit Billy Mays was fucking coked up! He must have been selling mortgages!

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  12. J

    so whay don’t you use your remote control and tell us what the market does next week, mr ‘studied for 20 years’. what a load of crap

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    • The Fly

      your mother milks dogs.

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      • J

        ooo, looks like i pissed the ‘mosquito’ off. lol. how about answering what i really asked you? or is that going to be another 20 years of studying.

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      • Anton Cigur

        This mosquito-penised pooch-milker is not j from Australia.

        Just a mosquito-penised pooch-milker impostor.

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        • JakeGint

          I knew that, fwiw.

          Little j is much smarter in his commentary, and far more honourable (sic).

          _

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          • Anton Cigur

            Just clarifying for those he would mislead.

            A frustrated fan of Dennis Kneel, no doubt.

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  13. JakeGint

    Get ready… it’s coming!

    ______

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  14. j

    na.. not me fellas.

    I’m little j. Who is this imposter?

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  15. ZenProfit

    Forget that Mickey Mouse Canadian Award, The Fly made it into the Mathletes Club:

    7. Mathletes

    DT (Dinosaur Trader)
    Isam Laroui (Musings of a Trader)
    Michael Seneadza (Trader Mike)
    Trader Mark (FundMyMutualFund)
    Brian Shannon (AlphaTrends)
    Joe (Upside Trader)
    The Fly, Ragin’ Cajun & Co. (iBankCoin)
    Andy Swan (Andy Swan Blog)
    Michael Stokes (MarketSci)
    Anonymous (Condor Options)
    Rob Hanna (Quantifiable Edges)
    Bill Luby (VIX and More)

    http://thereformedbroker.com/whos-who-financial-bloggers/

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  16. j

    Guys, What the hell is going on over there. Obama is now hiring or rather enticing goon squads to go after retirees pissed off with changes to health care?

    What is this?

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    • JakeGint

      The Dems have always been very closely associate with the unions, as they have become an increasingly larger source of fund raising.

      I don’t think they’ve ever been more important to an Administration than they are to this one, however, and just as Obama knows he owes them quite a bit for his election, the (non-public) unions know their shrinking grip on American industry is now almost wholly dependent on “fixing” by the strong arm of the State.

      I’m in the M&A biz, and a union workforce has become the equivalent of a Superfund site to a company’s overall valuation and marketability. Econ 101 says — lower valuations, lower capital investment — death on the vine for the enterprise.

      Private union backed companies are not long for this world, so the unions seemingly have little choice but to take up new trade as the Dems in-country Blackwater Security agents.

      _________________

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