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

I Have a Basket

In my basket, I own a variety of stocks. Some of my positions are quite large, others are rather small. I tend to my basket every single day, making adjustments to it, ensuring it stays in pristine condition.

At the present, I own a lot of oil and gas stocks, with the great hope that the dollar will continue to fuck itself and commodities will soar into the stratosphere. One of my stocks, which is one of my larger positions, is Flotek Industries, Inc. [[FTK]] . As some of you know, I’ve been holding “good ol’ cocksucking” Flotek for sometime now, hoping others will catch wind to the idea that maybe Flotek is Bronx whore cheap. And, moreover, as oil charges higher, people will roll into FTK, effectively trapping the large short position, putting them into a “fag-box” filled with time bombs disguised as male genitalia.

Aside from FTK, I own decent positions in Tesoro Corporation [[TSO]] , [[RAX]] , General Cable Corporation [[BGC]] , Starent Networks Corp. [[STAR]] , [[ENTR]] , TeleCommunication Systems, Inc. [[TSYS]] , TEKELEC [[TKLC]] —just to name a few.

The point I am trying to make; and this is very important, so pay attention: “The Fly” never loses. Do you hear me you fucking faggots? I endure temporary lapses in winship, just to allow you retards catch up to me. However, at the end of the day, I am up 70% year to date, while you are over there dicking around in your batman suit, planning some fucking queered out Halloween party.

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27 comments

  1. Made Man

    I thought we would fail at the highs and we just might. but fly called for a powerful move and he was correct. starting to look like early july again after 5 days and 5% up. july was 15 days and 15%.

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  2. TraderKeith

    Love the comments Fly and like the story on FTK.

    Looking at the chart of FTK though tells me its going to get stuck here at the 200 day MA and downward trendline. This is short term though and I’m sure this consolidation will eventually break to the upside!!

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  3. Curly

    FTK all the way!

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  4. Pete

    Why isn’t WNR moving up with the crashing dollar?

    WNR has a massive short float, even bigger than FTK. Do you think this spells bigger upside for WNR?

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    • bWana

      Also very curious about WNR.

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    • Buckeye Bob

      Did not look into WNR, but I assume that a run up in oil (via dollar drop) increases WNR raw material costs more than an increase in the price of gas/refined product(s). Gives you a margin squeeze. Don’t know what part of the barrel WNR uses though.

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  5. mrkcbill

    Fly, only thing missing from this wrap is an Orange Blogspot Background.

    Do you even eat 2.5″ Rib Eyes anymore….or are you all Tofued out now?

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  6. Braveflaps

    The recent tone of your posts suggests to me that we are in for a massive paroxysm in equities.

    Either that or the sporting homophobia shown above means you are in need of some sensitivity training. Be careful with that shit or kilt-wearing bull fruits will soon be on your doostep.

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  7. chivo

    Just make sure you don’t miss selling opportunities this time around, Fly. 🙂

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  8. Goin'Fawr

    Fly is always wary of being kicked in the ‘basket’.

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  9. TraderCaddy

    Can we still say “FTK’d up.”

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  10. Jayhawk

    Hi, new guy here. Question-

    Is “the fly” the same person as that Jefferson Krull/Hitthebid.net guy? I’ve seen his vids posted here and always have thought they are the same.

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  11. Teahouse On The Tracks
    Teahouse On The Tracks

    Fly, what ya gunna do with that BGC, sell some China men old copper wire to hook up their new nooklar power plants to some sweat shops and mom and pops chicken house? I can just see a short guy standing on top of a train trying to string those high voltage cables, when all of a sudden …. Poof!

    Get some real high tech grid cabling with AMSC …

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  12. omfgitsjd

    Will the gaggleofpsychopathicparasites manipulate the market up to s&p 1400 ?

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  13. Jed

    mrkcbill used his ballet lessons to become a jayhawk cheerleader and famous for his pom pom action.

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  14. arch

    fly
    if i may be so bold …what do you think about ATPG ???

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  15. Braveflaps

    OK, I’ve called off the bull fruits, but they demanded you watch 2:43 of AIRPLANE!:

    http://www.youtube.com/watch?v=-YV5h6xzGKo

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  16. TheArtist

    DOW to 30k…….!!!!!!!!

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  17. j

    Knight watchman.

    Oh man, he’s just blathering incoherently now. He’s now talking about how he/s been online since 1982 (yea right) and that he’s very proud of the community he has developed at slope for dopes.

    It’s actually almost a quasi suicide watch.

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    • p

      Yeah, I’ll bet he’s ready to load up on Flotek! Who in the fuck would even keep a position like that? It doesn’t matter what the hell they are supposed to be, the company is clearly a disaster.

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