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
23,445 Blog Posts

Good Olde Fashioned Sell Off

Y’all primates ’round these parts are have-n-a hell ovah days ’round here. In b’tween turkey salad banquettes, ya’ll gettin’ the stuffin’ knocked the hell out-of-ya.

I told y’all to raise some currency out of ya’ll pissant brokerage accounts, so that the market makers don’t take back all that cold-hard cash. YEEEEE-HAAAAAWWW.

Anyways, have yourself a merry time shortin’ this darn market. I’ll be at back, shootin’ at the deers, steers and queers, over in Texas-land. YEEEE-HAAAAWWWWW.

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50 comments

  1. The V.King

    All average chicks…over at the V.King blog that is….

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  2. The Fly

    I was also hibiddy hobbedy down the corner when BAM, hobbidy, hibbidy hob!!

    Can ya’ll believe that?

    It was the darnest thing

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    • The_Real_Hmmmm

      Oh deary lawd! I figures Ma’ Market done got all torn up on that Devil’s elixir moonshine agains. That there Euro is holdin’ that trendline still and has ain’t broke yet. This here rally will be as fuckin’ useless as tits on a boar when that EUR/USD breaks and hangs up its spurs. I reckon it’d be fit to sell some calls or maybe short some Chiiiiinese names.

      Now then genl’men, whaddya say we get hitch up the wagon and get along little doggies. Y’all come back now ya hear!

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  3. The V.King

    Hey Fly, how tall is Geithner?

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    • Dr Fly

      That damned yankee can’t be taller than my toaster oven. I’ll tell ya boy, that son of a gun is an elf midget.

      YEEEHAWWWW

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    • surplusdroids

      Between 6’0 and 6’8….depending on wich convenient store he is leaving.

      zziiiiiiiiiiiiing!

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  4. alwaysmakinmoney

    Deers, steers, and queers all make for great huntin.

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  5. noodlemastery

    time for natgas to go up? thoughts?

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  6. kelkun

    Wow, gold stock shorts are getting their faces doused in battery acid this morning. I didn’t see that coming. I’m lucky I got out of that trainwreck in time.

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  7. Mr. Cain Thaler

    Hey The_Real_Hmmm, if you’re running around, do you have estimates on the average cost per barrel for storage?

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    • The_Real_Hmmmm

      I’m not really sure Cain. I would think each refiner would have some kind of storage facility that sits as assets on their balance sheet where they can hold a tangible amount of oil. As far as oil tankers floating in the oceans go, from what I’ve read there are two basic contracts- single voyage, or chartered (TCE). The TCE, which most oil tanker floaters use, costs approximately $25K per day now and shifts with the cost of oil. I think most of the Dry Bulk companies post their TCE rates in their quarterlies but here’s where I got some info:

      http://www.teekaytankers.com/index.aspx?page=tanker_market_summary

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      • Dr. Evo

        Mr. Cain Thaler and The_Real_Hmmmm would both be great choices for tabbed bloggers some time in the future, IMHO. I enjoy reading your work, gentlemen.

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  8. Dr Fly

    Damn right they are. King dollah is back, y’all. GO USA, GO USA GO!!!

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  9. Dr Fly

    I just killed me a possum. Possum BBQ soup tonight boy. That’s a good meal..yummy!!

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  10. mrkcbill

    This is some very funny shit.

    You Fixin to go turkey huntin this week.

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  11. Pulpy

    ARA: whats the deal?

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  12. The Fly

    Good

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  13. Dani

    OMG…you are so full of sh____ fly!!

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  14. Pip the shoe shine urchin
    Pip the shoe shine urchin

    Oi,

    Why is all of you ‘ere talkin funny all sudden-like?

    Aye can ‘ardly make out a thing you is sayin.

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  15. Mr. President

    Days like today are very useful to test your sand. If you aren’t sweating any of your positions, then you bought them for good reason and have the confidence to hold.

    Days like today flush out the BS you shouldn’t have bought in the first place.

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  16. DEVILDOG

    Damn! I’m making big coin on my 2ND SHORT on GMCR that I posted here on Monday. FUCK the Fly and j. BTW, Fly I’ve got your portfolio on a watch list and you are losing your ass today. Especially your top 3 from last night’s post. Well done turkey day dumb ass. Have a nice day! S&P 204.

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    • Hammy

      The direction of my thoughts (which, with the sustained fucking stupidity you’re exhibiting I hesitate to voicen) is that after a decent run up, i expect equities to take a little breather.

      I think Dr. Fly mentioned how much he was looking forward to a pullback. They happen to offer great entry points in this bull market.

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      • Generational BOTTOM Picker
        Generational BOTTOM Picker

        Go long half your load on the Friday after Thanksgiving, and put the other half to work
        Nov. 30 or December 1. The monthly cycle will be starting an upmove midweek the first week of December.

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    • j

      Dog:

      Pleazzzze. You are not making any real money as you don’t have any money left after your losses in FAZ. However I must say, it’s good to see you interested in the market even if you’re now paper trading. Good luck with it.

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    • Dr Fly

      hows faz?

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  17. Mr. President

    Let’s play a game. Post 1 or 2 positions you are still holding that are currently egregious (copyright, iBC, 2007) unrealized losses. Le Fly, you can play too!

    I am holding TSTR from $1.95 and WNR from $5.49. Beat that!

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    • DMG

      GAIN – from $14.

      Oh, HELLO!

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    • DPeezy

      A few years ago I threw several grand at a pink sheets company called ‘The Employer’ (EPLI). After months of ineptitude and an acquisition by the equally inept VBLU (also .PK), I’m down roughly 97% on it. There’s really no point in selling now…

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    • Mr. Cain Thaler

      GKK from $5 something. Was worse when it dipped below a buck for a while there.

      RSO would have made the list too, except it went on a retard run and I sold out for profits.

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  18. z

    Mr. DevilDog, why do you have dark brown marks on your rear end?

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  19. DSB

    TZA Jan 12.50’s are saving my ass today… Going to pick up some GROW and more CAGC at some point.

    Two new videos I like:

    http://www.youtube.com/watch?v=lrsj653088E

    http://www.youtube.com/watch?v=EeEgtfm8W2E

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  20. ZOILA

    ZOILA caught a flyer this morning nabbing some shares of MasterCard near the LOD.

    Shiet I done made a weeks wages in less than an hour 🙂

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  21. TheArtist

    ya’ll be quiet…I’m trying to take a nap over hea’.

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  22. RNB

    Did that company GMCR buy in canada sell that coffee from shat out beans? Cause taste is even mo bitter today.

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  23. tgarfield

    Instead of FTK try NOSOF. Noront resources. junior miner. NOT on the TSX.
    Rocking today off support and drilling news. I think another dollar if not more in it.

    Junior miner so buy at an appropiate risk level.

    Discussion on Agoracom

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  24. Hammy

    I’m going to drink a cup of GMCR from my Keurig as I study this early Texas afternoon.

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    • Hammy

      Bot YGE @ 13.65

      decent pullback on solar/chinese play w/ a triangle breakout.

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  25. JakeGint

    I wish Fly would alert us to when he was allowing Woodshedder to guest blog.

    _________

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