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
23,433 Blog Posts

ATTENTION BEARSHITTERS: Prepare For Elysium

You don’t really know what’s going on; but you pretend that you do on the internets. Does that make any sense to you? See, to me, you are all just a bunch of ham and eggers, throwing chocolate egg creams at one another. You are persistent in your fucktardedness; I’ll give you that. However, always remember, better men than you tried betting against “Le Fly;” look where it got them.

Exactly.

With my money, I am officially in “Hurricane Mode.” I will be adding to my Tesoro Corporation [[TSO]] , Complete Production Services, Inc. [[CPX]] and Hercules Offshore, Inc. [[HERO]] holdings, while initiating new positions in a variety of names. For the love of greasy hamburgers, Flotek Industries, Inc. [[FTK]] might make a run here too! On second thought, let’s not talk about FTK, it’s too painful.

In summary, the market is going higher and you got caught flat footed, yet again. I will be reducing my large cash position, down to about 30%, with the sincere hopes of sending several million bearshitters to their makers (not real death. Instead, like some sort of financial God that informs you of pending bankruptcy, or some shit).

Good Day to You

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13 comments

  1. Yogi & Boo Boo

    Thanks Fly.
    bot FBP @ 3.36

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  2. dave

    What news just came out?

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  3. j

    Ummm Isn’t that the cub alarm for the bulls to take fright? It shouldn’t be interchangeable as there ought to be separate alarms.

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  4. so i herd you liek mudkips
    so i herd you liek mudkips

    goddam i was worried there for a second. i fucking knew the market should be rallying and was like “where the fuck is this move higher?”

    let’s hope this shit sticks through the end of the day, cause we’re fucked if it doesn’t.

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  5. JakeGint

    Who the flotek is this “Kilroy Was Here” Guy on the Stocktwits teevee?

    _____

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    • "The Flying Moses"

      Any StockTwat on that teevee program needs to be properly seated in my woodchipper.

      Great idea, piss poor execution.

      Ragin, for gods sakes, put some videos up there.

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    • Danny

      kilroy is the other name for head and shoulders bottom

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  6. needle dick the bug fucker
    needle dick the bug fucker

    Fly,

    how does CENX look to you,

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  7. punyandy

    ACAS files for a $1.5 billion mixed shelf. Should go a long way to help resolve the $2 billion default, by either paying down the debt or renegotiating. The downside is dilution, but it should be good news for the stock. Hasn’t sparked a move yet, but it’s worth watching.

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    • kouchuu

      This is fantastic news! If only GM, Lehman Brothers, and WaMu had thought of this,,,. Brilliant! I’m off to buy buy buy!!

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  8. Margin Clerk

    “some sort of financial God that informs you of pending bankruptcy”

    You called?

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  9. Cash-N-Guns

    SVA…getting ready

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  10. Bob the Builder

    Hey Fly,

    What are your thoughts on NR? Similar issues to FTK — In that it is MY version of FTK. Seems incredibly undervalued, but only seems to follow oil when it goes down…. Color me stumped. I’d appreciate Senor Tropicana’s advice, and/or Horatio Clawhammer, if he’s feeling like coming out of hiding.

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