For the holiday’s, “The Fly,” (better know as “Le Fly” in Paris) has decided to greet his readers with kindness, while displaying sincere gratitude for their loyalty to the site, whether it be in the form of “internet barnacle” or distinguished gentleman of The PPT. As you well know, “The Fly” has a reputation for saying outlandish things and displaying outright disrespect towards all forms of authority, when in fact he harbors deep compassion for all forms of life, even firemen.
One thing, however, is entirely accurate, with reference to his daily diatribes declared (rather emphatically) here on iBankCoin. With regards to his so called wins, often a topic that is talked about amongst his enemies (rightfully so), they are all indeed real. It is something to behold. It truly and certainly is rare for one man, without the assistance of “paid for” information, to enjoy such a splendid track record. More specifically, it is even more scarce to have the actions of a financial genius (if I may go that far) shared with all to read— for free— on the internet. What a treat for all!
To be fair to the critics, it is almost unbelievable that one man can win so many times, yet have the time to write a blog on the internet. To the classic skeptic, the very concept of “The Fly” is distasteful, especially since all of his victories are discussed in the most vile manner—possessing zero behavioral traits of a professional money manager and most certainly not of a gentleman. Humility is rarely displayed; and when it is, unfortunately, it is accompanied with sharp sarcasm and solemn oaths to exact revenge on all “guilty parties.” As of late, “all guilty parties” consist of a small group of people who sell short U.S. equities, unfortunately—yet again.
Please pardon me for repeating an earlier point: what a treat!
On occasion, “The Fly” is plagued with minor setbacks, which are all dispatched away from his person in the most expeditious manner. Subsequently, as a result of his battles, “the internet proletariat,” as he likes to call it, is allocated with enough written material to assimilate his (The Fly) actions into their own decision making processes. This, as you could easily understand, is a terrific boon for all readers of iBankCoin, which must have resulted in millions of dollars in unspoken profits.
With these gains, citizens of the United States have employed more workers, invested more dollars in the sciences and the arts. As a result of “The Fly,” and his generous gifts of cognitive thinking, the world is a better place.
Looking into the future, I can only imagine iBankCoin becoming the predominant financial website for all serious investors/ “internet slopsuckers.” It is my belief, sometimes to a fault, that iBankCoin was created to offset internet group think and assist young commoners with monthly expenditures, via the gift of knowledge.
What a treat (many apologies for the repetition of this expression.)!
If you enjoy the content at iBankCoin, please follow us on Twitter
Braveau
WTF? No disrespect, but the way this post was going, I was expecting some verifiable proof of your track record us “slopsuckers” could gawk at or atleast a free treat aka a PPT trial for the holidays to the less fortunate, but this ended up being neither.
Anyway, congrats on a good year and thanks for the laughs.
Many apologies “Sam,” but such gifts would only benefit the slopsucker and not the already generous proprietor of this site. We are developing PPT 2.0, with numerous features. And to answer your future questions: YES, the price is going up, except for PPT subs, who will be Grandfathered in.
I have a few suggestions for PPT improvement:
I’d like to be able to log off and then
be brought back to the home page of http://www.ibankcoin.com.
without having to goback to my browser.
Or maybe I am missing the link which brings me back to the web site.
On the positive side:
The User Notes rocks.
Your bloggers rock
although Chuck Bennett was a POS.
and glad you got rid of him.
go to the bottom of PPT. The iBankcoin logo will bring you back to ibc.
Thanks. BTW, I made some good coin on GMCR.
Even though I waited for Henry to call the bottom
it was your call to buy the stock.
You won’t find his track record on The PPT either
and from what I observe, there are plenty of free ideas
on this website to keep you in the green.
If by track record you mean exact price of recommendations, easily verified via time stamp and price, you are fibbing, as all of my trades are recorded on PPT, with all said qualifications.
Where are they recorded?
On User Notes?
Frankly, I do not care if they are recorded or not
as I only care about my own performance.
However, if you are saying one must go back
to User Notes and track your buy and sells,
that is ridiculous.
You should have a record of your portfolio holdings,
like (I hate to say it) Jim Cramer does
on his Action Alerts Plus portfolio.
Why not?
Actually, it’s quite easy. Just click on my name and view all of my user note comments. As for being more like Cramer, I respectfully decline, as I am still actively investing dollars, while he is retired.
I’m sure if I listened to Jim Crammer, I’d discover a lot of people were affected by his cramming last year.
We’re talking about record-keeping regarding performance.
Obviously, Cramer didn’t short the fucking market.
I like to keep anonymity.
I respect that.
Like I said, I’m a paid PPT member.
I look for ideas and there are many of them.
What happens after that is up to me.
Let me give you a record to keep. China, Europe, the UK, and America are going to dump the US dollar at the same time causing a collapse and the ushering in of a new world currency managed by the banksters. You can write that down for your record. When? At least within the next few years.
And also for the record. The cash for clunkers program wasn’t about economic stimulus, it was about China’s refusal to accept dollars as payment for financial credit to the US Government. They wanted steel as payment (among other things). Just like the world trade center complex, the clunkers were crushed and sent to China in exchange for Chinese loans.
It wouldn’t suprise me if we were giving up our clunkers for foreign made cars who’s frames are plated with thermite.
Do you ever get any sleep?
Just curious, how do you arrive at these perspectives?
Performance! We’re taking performance! I mean performance!
c’mon, performance!
Performance???
Coach Brown is the only one who cares ’bout performance!
Would you please stop referring to PPT
members as fucking gentlemen?
Those w/o dicks (or acting like dicks) can belong too, you know.
So sorry. The Fly is not politically correct and refuses to cease calling paid members of The PPT gentlemen—yet another setback for the one named “sandflea.”
ROFL
lol, Fly, several months ago a “trading partner” from Calgary
sent me your stories with a caveat of “hope you are not
offended by the vulgar language….”
On the contrary, I love your style
and plan on hanging around for as long
as you will tolerate me.
PPT member to boot.
pezzonovante
Pezzonovante……………
In Sicilian it derives from idiot or moron, but mostly used to show that someone is ignorant or misinformed, maybe even living a false life, not as themselves. Taken as an insult by Italians, especially by Calabrians and Sicilians.
Secco gabban de madre, pezzonovante -translation- go dry hump your mother, dumbass.
well, i am not really sure where the term falls. seems it can be interpreted about any way someone wants. which is fine with me.
http://www.urbandictionary.com/define.php?term=pezzonovante
kind of like: Fly’s parents disappointment that he never made MD at Goldman.
Pop: I thought that when it was your time that you would be the one to hold the strings. Managing Director Fly. VP Fly. Somthing.
Fly: Another pezzonovante.
Fly you shoveling snow tonight? I bet the kids are loving it.
The woman in that picture
could use some exercise,
Fly should hire her to shovel.
Glad I’m a PPT sub. Kudos also to the great man behind the scenes, Jeremy. Can’t wait for 2.0
thanks man!
Fly – your posts are not only entertaining and informative but well written and intellectually stimulating (let’s not forget profane). You and your colleagues here at the IBC and in the PPT have, without a doubt, contributed to my recent successes in the market. What is most intriguing is your ‘gut’ instincts that seem to be spot on. I’m sure that your 10 years experience have much to do with this instinct.
Keep the picks and the research coming and I will continue to bank coin thanks to you and the other valuable contributors here. Thanks for sharing.
Can you reveal your YTD % wihship?
Romo eating my Saints alive. Weekend ruined, but good post.
Who’s Romo dating now?
Elin, AKA: Cheetah’s….er…….. Tigers leftovers
It’s not over yet. The Saints have had a few comebacks this year. Keep the faith.
Touchdown Saints! Good pep talk fences, let’s go!
I’m rootin’ for the perfect season. Plus I HATE the Cowboys.
Here dey come
24-17, Let’s go Saints!
RC – FTO and PCS are at or near YTD lows. I am looking to bottom feed. Do you have any comments on either of these picks?
HE MISSED IT!!
I like both of them.
I’ve been investing for nearly 20 years, 11+ professionally.
I thought I remembered one of your posts stating 10 years experience. My apologies. When you have been investing for that long, instincts work.
For the first 8+ years, Fly invested to conceal the fact that he subscribed to The Wall Street Journal for the dirty pictures.
ROFL, Folk missed kick. We still got a chance!
I now hate the Cowboys more than JakeGint, if that’s even possible.
I’m afraid you’re SOL on that one, son.
_________
Pretty funny, RC.
Great lesson, tho: In a fight, hit first, hit hard, keep hitting.
Repeat.
What happened to Drew’s line and the composure of his receivers? Lotta money changed hands in Vegas tonight.
Hope the gym biz is going well.
I raise my glass to you tonight, Flyseph. And also to RC, and Danny. OG’s all the way.
The definitive text!
How the Grinch REALLY stole
ChristmasBulls-mas!_____________
That was an excellent rendition,
it got so intense talking
about the health care reform bill
there was no appropriate place
to offer appreciations for your fine work.
I spread the “gift of ibc” to everyone I meet that talks about stocks, unless they are old, mention the word “margin” or login to their portfolios via free internet cafe’s. Ok, I confess, I tell them as well.
Truth be told, buying stocks and “fucking around on the internet” are all this gentleman really gives a fuck about.
That said, glad all the “distinguished gentlemen” will be grandfathered as we’ll all be members until we are grandfathers while denying our age to avoid a most disturbing IP ban for being straight up “vanilla gay”.
Just told some online poker player in Bali about it.
Thanks!
P.S: Perhaps the IBC “47.5′ should have an exception rule where 99.99523593% of all those Vanilla gay fuckers are banned. Some older guys are actually cool but a disturbing minority indeed.
Pah
Le Fly … taking a softer tone with the ladies at IBC. What a wonderful, magnanimous spirit being shown here.
In fact that was the word that was missing, Fly… your festive season magnanimity. 🙂
Thank you sir Fly……In these harsh northern climes I look forward to the “warmth” of your well chosen words and insight on a daily basis. Happy Holidays to you and yours!
alrighty then……….
well, everybody put on your best face and come up with your best “Major volcanic eruption” plays for this week, if the Philippines gets it.
and, then….proceed to carry on.
O, and DMG, I know your pick….HAL….hahaha
Indeud,
You do seem to have some kind of uncanny instinct for what the market is about to do.
Just please do not increase the PPT membership cost before Christmas day when my wife will make it my Christmas present.
“YES, the price is going up, except for PPT subs, who will be Grandfathered in.”
Christmas came early this year. The Fly was my Secret Santa. HoHoHo.
PPT Day #1 Distinguished Gentleman
indeud. have learned more here than many moons in industry.
thanks to senor tropicana and crew.
Fly,
It seems, by some of your posts, you hold firemen in low regard. Just curious, what did we do to piss you off?
Unlike your counterparts, the police,
you are not drinking enough coffee (GMCR)
and eating enough donuts.
Speaking of donuts, it was suggested
that Fly buy THI to go along with his GMCR.
This makes sense – food and electronics combination.
Hose that, fire scout?
Firemen stole grandpa Fly’s stamp collection, after his furniture store was burnt to a cinder for the insurance money, back in the 70’s.
Fucking firemen
Let me get this straight, based on how you have worded this,
your grandfather purposely burns his store down
to collect insurance money
and you’re pissed off at the firemen
for stealing his stamp collection?
Was the stamp collection worth more
than the money collected for the store?
Why would grandpa keep a stamp collection
in the furniture store?
What the fuck else are you going to do between ottoman inventories, but a little mind relaxing Philately?
Seriously, I’m going to bet that’s where the fire proof safe was.
___________
I want to know who lit the store on fire, lol.
If it was SET purposely,
take the stamps with you, for crying out loud.
or, maybe they were going to be part of the insurance claim.
The Fly has left too many holes
in this Agatha Christie mystery.
Yes, let’s hear the end of this mystery.
Did grandpa Fly purposely set the store on fire to illegally obtain insurance money?
Were the stamps to be part of the claim?
Were the fireman knowledgeable of grandpa’s transgressions and took said stamps in exchange for their silence?
Who dear reader bears the burden of guilt?
Yes, and then, should ALL firemen (and women)
thus be “grandfathered” in as “Fucking Firemen”
by Father Fly because of this grandfather story?
please tell me the Cowboys wins are not real.
Relax. The loss will be a brain cleanser. Just like the Bears in ’85. One less thing to worry about and take their concentration away from winning the Lombardi.
_______
Granpa fly’s brother “sonny” threw some turpentine around the shop like water. As a result, the fucking shop burnt down. Let me tell you, those fucking firemen took one hell of an old school stamp collection. Grandpa Fly went on to open many other furniture stores, while wearing beanies whenever a jewish customer walked in. Business was business, as he liked to say.
As an aside, what profession is a mustache socially acceptable?
Exactly.
Goat rustling?
_______
Bump-Cheeka-Wa-Wa ….70s PORN Baby!
lol — Ron Jeremy’s stash is his trademark. Fat bastid.
__________
The strategists we (Barron’s) surveyed expect S&P 500 companies to earn a collective $76, on average, in 2010, 24% higher than this year’s anticipated operating profit of $61.33.
If the S&P 500 can command a price/earnings multiple of 16 times expected profits — hardly exorbitant in view of benign inflation and a resumption of global growth — the index would trade above 1200. Bullish strategists like Paulsen of Wells peg the market at 17 times an estimated $80 of earnings, to arrive at a target price of 1350 (rounded down from 1360).
>> Goldman’s diversified basket of 50 such stocks includes D.R. Horton (DHI), Teradyne (TER), Mylan Laboratories (MYL), GameStop (GME), Macy’s (M), Cigna (CI) and International Paper (IP).
BofA Merrill expects the dollar to strengthen against the euro, and the Chinese renminbi to appreciate 5% against the buck. It also looks for continued commodity inflation to push oil toward $100 a barrel by late 2010, and gold toward $1,500 an ounce in the next 18 months. That will provide support for energy and gold stocks, but pressure industries such as autos and airlines that lack pricing power but are susceptible to rising commodity costs.
Technology is beloved by nine of the 12 strategists, in part because tech companies have huge piles of cash and are sensitive to both global growth and capital spending. The fear is that tech quickly could become crowded trade.
Utility stocks, in contrast, are unloved and under-owned. The stocks in this defensive industry started to break out in December, perhaps as investors look ahead to improving power demand and easier funding for projects. Sure, utilities’ fat yields become less alluring when rates rise, and there is a risk that will happen if the economy takes off. <<
http://watch.bnn.ca/trading-day/december-2009/trading-day-december-18-2009/#clip248090
This analyst for JPM says something a bit different – SP500 14.5 PE which is only 77 percent of Long term PE average.
I like the analysts on BNN.