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
23,471 Blog Posts

Gluttonous Bastards!!!

I am “King Cock.” With every market move, my stardom expands. While most of my competition jumps from rooftop to rooftop, in the middle of furious thunderstorms, with lightning rods in their hands, “King Cock” smashes battle axes into skulls of idiots.

Despite all that, I insist, the market cannot go up forever. I mean, at some point, people will get fat and lazy—picking up on old habits, like short selling. Ahhh, the misery of a bearshitter: I feed my soul with it. Granted, it is a character flaw; I knew that back when I was 7, after tossing my friend out of a tree—on his nose. Nevertheless, “The Fly” would be nothing without something or someone to hate on.

Gleaning over my accounts, my cash position is above 42% and rising. My only purchase was Sociedad Quimica y Minera (ADR) [[SQM]] , since I was told to do so with a sense of urgency.

Bottom line: don’t be a pig faced glutton. Go take a brown bagged a 40oz. of malt liquor and loiter with it, in front of your neighbors house, instead of chasing stocks here.

UPDATE: I sold out of Sonus Networks, Inc. [[SONS]] , @ $2.19.

If you enjoy the content at iBankCoin, please follow us on Twitter

56 comments

  1. Jumanji

    Homo says STFU

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • The Fly

      STFU asshole. Where do you come up with such inane garble. I NEVER lost money on MVIS. As a matter of fact, I sold out of my last piece a few days ago.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  2. Itchy & Scratchy

    “While most of my competition jumps from rooftop to rooftop, in the middle of furious thunderstorms, with lightning rods in their hands”

    LOL!!

    What kind of brain is this that spontaneously comes up with this hysterical imagery?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Mr. President

    When I read “on his nose” I choked on my cheeseburger.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. DPeezy

    ahahahhahaha, mothaflickas…i see REEEDDDDD!!!

    It’s like Mt. Kilimanjaro, this last hour and a half…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. No One

    Game ovah.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Yogi & Boo Boo

    This surely must be the start of the long awaited correction.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • TA

      I sure hope so,

      I can’t find anything I like here, it’s pathetic
      Just plenty of ‘If it falls 5-10% I’m interested’ examples

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  7. her-oh..

    Hercules Offshore announces 17.5 mln common share offering (6.29 -0.48)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. her-oh..

    no doubt, now they hit with this:
    16:15 Hercules Offshore sees Q3 revenue $155M-$160M vs. consensus of $166.98M

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. txchick57

    Still have DRYS?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. Braveflaps

    SQM was reco’d by a fund manger in the Toronto Globe and Mail today: “a unique triple play..based in Chile”.

    The country with the biggest boobs in the world.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. Alvari40

    Tomorrow, when this fag market opens up (and it will), do your best to not look too surprised and act like you knew this was gonna happen. Sure you did.

    Anyone have anything nice to say about UNG moving forward? Daily chart is tempting.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. Homo Bob

    Futures are flat. Tomorrow’s unemployment numbers will decide which way the market goes.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. JakeGint

    I just polished off two boxes of Wheat Thins right before Mom called telling me the man who raised me was not my real father.

    I guess I am therefore a glutinous bastard.

    _____________

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Hammy

      lmfao

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • MOOBER

      God I love Wheat Thins.

      And Cheez-its.

      And crunchy Cheetos.

      And Doritos.

      And Fritos. Actually, no. Only with Chili and cheese and sour cream.

      God I love sour cream.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  14. Damon

    The Fly has truly become:

    “The Cock of the Walk”

    glub glub glub

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. efu

    good idea there f man, duck and cover for the next day or three

    but there is a lot more steam left in this pig rally, if the b’shitters don’t get a taste they will take their ball(s) and go home and then where would we be

    all you CA types, tell us why the fuck would this game get called at 1080 – the GBH needs this market to keep on running otherwise his story falls flat … so keep on running it will.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. TA

    Jake is one of the official contrarian indicators on the Dope site

    ‘The sudden re-appearance of JakeGint, a henchman for a site that I shan’t name (but which rhymes with “I Thank Groin”) and who was mysteriously and utterly absent when I was raking in cash but sees fit to burst back onto Slope to chortle when times are tough; ‘

    The rest of the post is the usual crap about how Tim is always the smartest guy in the room despite him losing money and being wrong; not really worth a read.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • JakeGint

      I posted a response in my comments section as it wouldn’t post on his (comments needed to be approved by moderator, ahem).

      Fascist douche is as bad as Denninger.

      Turns out everyone is “mysteriously absent” when Timmah is “raking in cash.” Odd, no?

      _________

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • The Fly

        TIM sucks. He can’t even diss the site with honor. How lame.

        Look at Hammy aka TROJAN HORSE. At lease he does it consistently, yet a bit too timid for my taste.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  17. Hammy

    fly, i think i saw you in this video

    http://www.dailymotion.com/video/xaf03z_dating-montage_creation

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. master douche.

    Knight Watchman

    Oh man… Poor old Jake gets a serving from the Black Knight. And for doing what exactly? Simply going over there a few days ago and shooting the breeze with a few Dopers.

    The black knight’s latest rant is hilarious. The fucker is now analyzing each daily move as though it was long term trend.

    It was only yesterday that he said he was hoping the Dow would head over 10,000, now he’s cheering the 80 point fall and reading that as a resumption of the bear market.

    His fundamental analysis is also as bad as ever or rather as shocking as ever.

    He accuses the Fed of printing far too much money (they are) however he has no idea or doesn’t explain the mechanics of printing too much money and having the stock market fall. Let’s not forget that the fucking idiot only two odd weeks ago was talking about how we were suffering deflation, which must mean that in Timmy’s universe we’re now suffering from an inflationary deflation. lol

    It has to be…. A few weeks ago he was talking about all this deflation he was predicting would happen and now he’s talking about the Fed printing too many dollars. If it’s not an inflationary deflation, he must be thinking of a deflationary inflation 🙂

    He’s the thing. The goose doesn’t understand if the fed is printing money, nominal GDP will rise and if nominal GDP rises and all things being equal, stocks will also rise in nominal terms. in others words we could very well end up having a Dow 20,000 and the $100 tomato. Again I’m not predicting this however it’s a serious thing to entertain.

    In a just world the fucker ought to be banned from ever talking about economics, especially monetary economics or stocks as he simply doesn’t know enough or understand the mechanics of the markets or the subject of economics.

    He’s pissed with the snark about him. If he writes a publicly read blog then people have the right to discuss his pathetic views.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Po Pimp

      Seems like on every down day he always throws out something about bulls being crooks and finally getting what they deserved. But he talks about how he is so tolerant of the other side and open to all ideas… what the fuck ever, shitbird.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Creepy Knight.

        The truly incredible thing is that he’s just isn’t a bear as such. The fucker really wants the country to disintegrate so he can make money. It’s not a call to patriotism that I’m making or any shit like that. But there is a difference between a trader seeing stocks head south and taking advantage of that and a douchebag begging for the entire economy to go to hell in a hand basket. That takes a special kind of mind. It’s real evil kind of shit. His hatred of people making money with stocks going up is really palpable and quite disturbing.

        Draw a couple of lines on a fucking chart and then pray the entire stock market goes lower. What a fucking moron.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  19. j

    Lemonj will get a real kick out of Timmy’s latest incoherent rant.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. kim jong il

    last week i simply asked tim where he buys his crystal balls from, and the son of a gun banned me from further comments. what’s up with that?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  21. Juiceyfruit

    http://www.schiffforsenate.com/

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  22. Henry Fool

    I believe I may become the next tabbed blogger. I’d like to see what the community is looking for from me.
    I think I’ll post charts and show how I gage my buying and selling. Comments welcome.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Po Pimp

      I’ll definitely keep tabs on what you are looking at. I guess I’m most interested in your time frames / target prices for new positions. Seems like you do both the scalping and swing trading thing which is great. Personally I’m strictly swing trading so it would not do me a lot of good to follow you into one of your scalps.

      I hate to use the term “following you” because I don’t buy everything you’re playing. My account is too small for that. But I do check out everything you bring to light and try to decide what fits my style based on the chart. This is where your expectations on upside / time would greatly help.

      Congrats on getting your own Tab. I’m sure a lot of others will be very happy about this development as well. Best of luck. Oh, and the offer of free hookers / beer / etc, if you ever make it to Bangkok still stands.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Creepy Knight.

        Henry:

        Good job.

        1. go easy on the charts. Just your views and why is enough.

        2. Post when to buy and when to sell ( exist is important)

        3. try to suggest stocks having a market cap of at least $60,000 and that if you buy 10 shares it won’t send the price down 30% due to high one sided volume 🙂

        4. Do a little humor at times.

        5. Add a few pics of naked or semi naked gals

        That about it.

        Good luck.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Henry Fool

          No naked girls, It’s not my style. If you want to see naked girls go to iporn.com this is a financial blog.
          That doesn’t mean I wont post music videos once in a while, but porn…NO!

          • 0
          • 0
          • 0 Deem this to be "Fake News"
          • j

            I was just kidding Henry.

            You’ll do fine as your enthusiasm is really infectious and a great gift.

            And thanks for actually doing it/ putting in the time.

            That was me above by the way

            • 0
            • 0
            • 0 Deem this to be "Fake News"
    • Yogi & Boo Boo

      Henry, Just keep doing what you’re doing. Charts would be nice.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • Cash-N-Guns

      winners…in either direction..good luck laddie..well done.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  23. Granpa

    Good luck Henry, you’ll be fine. Just do it at a pace that’s comfortable to you so you don’t burn out. Few have the tolerance of The Fly.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  24. Lemonjello

    As ridiculous as fat Tim is swimming laps, there are so many other facets of his personality that deserve a nice solid scissor kick. This cocktail napkin that he’s pulling out now as if it were the Shroud of Turin is one of at least a dozen that he’s drafted over the past year, all of which have been wrong (and look like they were drawn by my neighbors autistic son). He should stem the flow of verbal diarrhea and simply pick some stock entries and exits for a period so that we can see his “brilliance” in action.

    What I do not understand is why he pushes so hard with these rather obvious attempts to paint himself as bigger than life when his tribe of drooling morons would follow him regardless. They are simply looking for somebody that will validate their fear and loathing over not getting the promotion or getting fired or divorced or having a gay son. They want a cheerleader that proves their below par performance in life isn’t their fault but rather is a result of some great conspiracy to defraud the common man.

    You have to laugh at this guy envisioning all these bulls trapped after a 20 point swing while we’re sitting on top of 6 months and 400 points of ice. If you look down you’ll see fatty and his friends trapped in that ice waiting for the thaw, the problem is it’s September so they’ll be fossils by the time we get to them.

    The worst part of it all is I find myself on the same side of the trade with this mush. I don’t live or trade in fear, but just being aligned for this short period with a guy that poor at his craft has me more defensive than ever.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  25. Richy

    Congrats Henry

    I’d just like to see you carry on doing what your doing, with a little more commentary during the trading day. Charts are cool, personally I’m keen to learn where and how to find the targets, once I see a chart, I can see entry and exit points. its finding the initial stocks I’m crap at.

    I guess you will inherit a lot of the chartist posters from CA’s tab, now he’s gone a bit quiet.

    I think I’ll be subscribing to PPT as a result of this news.

    Good Luck!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  26. TraderCaddy

    Done for the AM (I think).
    Thanks SMH short.
    Gonna wait for 10:00 home sales before figuring out what to do.
    Homies and XLF holding up well.

    • 0
    • 0
    • 0 Deem this to be "Fake News"