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
23,443 Blog Posts

Bias

I really need to get something off my chest. You stupid fuckers on twitter make me want to go out with flamethrowers, throw sauce on people, then start some “Q-ing.” Some of you are pretty good and deserve to gloat a little, especially if that means making others look stupid. However, the large majority of you are fucking retarded goat fuckers— who thought Ford Motor Company [[F]] was “cheap” at $14 and BSC was a “steal” at $99.

STOP GIVING REASONS TO BUY STOCKS. Don’t you fuckers get it? It does not matter. Does it make sense that Clean Energy Fuels Corp. [[CLNE]] is pole-vaulting higher everyday or Massey Energy Company [[MEE]] or Green Mountain Coffee Roasters Inc. [[GMCR]] ?

Answer: of course not.

Stocks are nothing more than “trading shells” these days. The good shells are favored by the investment community, while the bad shells are spit upon. Fundamentals do not matter, when banks are permitted to hide their losses and inflate their gains. So, the next time you find yourself sucking your own cock, for nailing a trade, give proper thanks to the real dick-suckers at some of our largest investment banks.

On a side note, [[TLT]] is trading strong, ahead of the monthly dividend. And, going with the Obama drilling initiative, take a look at some drilling plays.

UPDATE: Dog versus Cop car

[youtube:http://www.youtube.com/watch?v=f9D9f_ySvkA 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

68 comments

  1. Rand

    Me, I dislike Myspace and Facebook, and Twitter as well. Its putting too much of an electric footprint on the internet that really worries me. These days employers and multitudes of other can get information about you through these sources. It does not pay to give out that information to the public anymore, its the digital age, and you must be frugal with you information.

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    • Salty Nuts

      I agree but if you are a U.S. citizen living in the United States, that is one big mark against you already. In terms of local employment that is.

      Establish residency in another country. Say Latin America. Have a different name. Live here but get hired by said company as if you lived there.

      Would that work?

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    • Steve Place

      If you’re not a dick on the internet, you’ve nothing to worry about.

      I’ve still got footprints on alt.microsoft from over a decade ago.

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  2. Rand

    I don’t know. You could establish another alias, but it would be up to the size of the company you were getting involved with here in america. Different companies have different investment policys. It really comes down to the background check the company is willing to invest on you. If you are a good investment they might go to all lenghts to get you. On the other hand if its a company that works with federal authorities or works in defense contractors, or in the space industry, you might be discovered and denied. It could be worse if ypu got caught by homland security, its a new age-living after 9-11.

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    • omfgitsjd

      Homeland Security is run by people with dual citizenships and foreign allegiances.

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  3. Arodr

    Why is this vxx trending lower??

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  4. Le Fly

    Rotary phones

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  5. Frank White

    Don’t be silly. Bear Stearns is not in trouble.

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  6. TA

    MEE, CLNE and GMCR had fantastic long setups and they broke out(well not MEE, still waiting)

    No one gives a fuck as to why

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  7. JF2

    Someone sounds a bit peeved that they missed the ride . . .

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  8. Fly's Mom

    My son is the best.

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  9. Respect4U

    Hence why i will be covering some of my puts of F @12.35….. Bounce point is nearby but I will be taking those proceeds and probably shorting some financial or FSLR.

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  10. Teahouse On The Tracks
    Teahouse On The Tracks

    So with regards to TLT, shouldn’t you be sucking up to Golden Slacks rather than King Cobra?

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  11. RC

    get ’em Jew Bear.

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    • robert

      i do not get what you are trying to say here or to whom… smacks of….

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      • Dr. Evo

        It’s the picture, robert. From “Inglorious Basterds”. That character was refered to as “the Bear Jew”.

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        • robert

          ahhh Thank You good Dr.. I am glad to have that cleared up and not to be left wondering… did not see the movie.

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  12. robert

    stocktwits is the worst.

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  13. Bow Tie Fucker

    RIMM reports today. Good numbers = AAPL rallies, smartphone market growing. Bad numbers = AAPL rallies, AAPL eating RIMM’s lunch. 1.5% AAPL a day rally resumes tomorrow.

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  14. Dirk Diggler

    I like the update

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  15. Bob the Builder

    There’s a bit of a meme going around started by Tyler Cowen regarding the top 10 books that have influenced various people. Whilst I know you piss on such men, I thought it might be interesting to hear what the bloggers on iBC would say. I know you have a recommended reading list… That is, if Space Age Aliens read. I didn’t learn that in public school.

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  16. Rand

    Steve, were ypu trying to say that if you are not a dick, that one would not have anything to worry about on a social site??
    That it wpuld be impossible for hackers to not get into your social site???
    That a motivated hacker could not get into your computer??
    Sir you live in a sterile world sir, one of your own making.

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  17. sg07

    I’ve completely lost interest in this market. It makes no sense and for the idiot longs who are buying…they don’t really know why they are buying other than because “stocks are going up.” As for me, I just sit back and eat samiches all day while earning 0.01% on my money market funds.

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    • omfgitsjd

      Is the market still climbing? I went all in at the market bottom and have been accumulating ever since. Haven’t really paid much attention to the general trend or market reality. I’m expecting a 14% correction later this year though. I haven’t really decided how I’m going to handle that yet.

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  18. MOOBS

    Anyone smell black smoke?

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    • TraderCaddy

      Yes, I do.
      I believe somebody has set R.W. Pelican’s Top Hat and diamond encrusted cane on fire.
      And attempted a kidnapping.
      Could be on Animal Planet soon, I suspect.

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    • TA

      Nope, it’s all gone now

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  19. KasierTheDog

    I look pretty good in that video, don’t I? Hey, I was hungry.

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  20. lindsay

    Ha! Now we know one of Fly’s new hiring questions in his interview. “Do you twitter?” R.W. looked at Fly with total and complete disdain when asked this question at which point Fly said “Can you start tomorrow?”

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  21. sniper6

    DevilDog strikes again? Was the cop’s name Angelo Mozillo?

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  22. Hawaii Five0

    Leaders are still incredible. There are either making bases or still climbing.

    Call me crazy, but I believe this is about as much of a pullback as we need to get in.

    So that’s what I’m doing, 100% equities without leverage.

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    • TA

      Actually the leaders are not looking that hot these days.
      RIMM just got hit AH also which may lead to some barfing in the QQQQs tomorrow.

      What’s more comical is how people here have been complaining that we keep going up when really we’ve gone nowhere for 10 days now. http://chart.ly/vfpnmp

      I took off all my call spreads and closed one short put position this afternoon.

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      • Hawaii Five0

        I’m looking at these as well as several others and most look pretty good to me: akam, deck, netl, clf, prgo,cree, bidu, gmcr, amzn, isrg, pcln, aapl

        Not saying we won’t have some kind of a pull back.

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      • pptrobert

        indeed. mos, mu, rimm…not a good start. someone better pick up the baton and run, or at least pray a little harder for the robots.

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  23. One For The Gipper
    One For The Gipper

    Fly your right, sometimes it’s just nice to have cash. Let this thing play out and go from there.

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  24. mrkcbill

    New title…… Redneck Dogs and Retarded Police

    Saw ….Up In The Air Last night….that movie sucked.

    Anybody got any good Netflix choices….even TV ok?

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    • JakeGint

      Started watching that new FX show — “Justified.”

      Purty good, about a Kaintucky boy, comin’ home, kickin’ ass, Outlaw Jesse Wales-style.

      ___

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      • mrkcbill

        Justified is pretty good….Timothy Olyphant [sic] from Deadwood is the man.
        Also like the curvy blond love interest….man that is old school.

        I hope your watching Modern Family Weds ABC….best sit com in years.

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    • MOOBS

      TV:
      Modern Family
      Anthony Bourdain’s No Reservations

      Movie:
      The Hurt Locker – awesome

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  25. Maelstrom

    Am I the only one that wonders ..what the fuck ever happened to real bumpers..what a shit excuse for a bumper. I ve had sturdier rubbers..

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    • Indie

      The problem doesn’t seem to be the dogs but the low IQ of the police.

      dog wins.

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  26. YaBollox

    Wall St. sucks because it’s a gambling casino instead of a capitalist institution. I buy good companies, not charts. F you guys that play the pass/don’t pass line. Greedy fuckers eventually crash and burn.

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  27. Po Pimp

    Re the video, it should have never gotten that far. Dumbass cop had two options to stop that from happening:

    1) Run the fuckers over.
    2) Pull out his service weapon and light their asses up.

    How fucking difficult was that to figure out?

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  28. Dayman

    Angrily blogging about twitter

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  29. Heaterman

    If you want to see what the mood is in Michigan watch the following and read the comments. Also note the positive negative ratio. One especially telling comment near the end regarding our fine state as an example for and of the rest of the country.

    http://comments.realclearpolitics.com/read/42325/610162.html

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  30. Dayman

    Looks like bankruptcy and delisting are off the table for FTK, but wow did they ever fuck themselves with their new loan agreements. Conference call and open tomorrow will be interesting.

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    • The Fly

      stock should pop, with financing out of the way til 2012. Live to fight another day. Bad terms, but if business turns around, they can pay the whole loan off.

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  31. Hawaii Five0

    Just clicked on Ibankcoin and got some really different shit!

    Maybe a sign of things to come?

    Then when I clicked again it went back to normal.

    Anybody else?

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    • DPeezy

      Business as usual, ovah heah.

      If there is a redesign coming, the code monkeys maybe got a bit antsy and hit the wrong button.

      Also, sometimes (depending on your browser & connection), the style sheet fails to load properly, in which you get a mangled, radically different page.

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  32. tr0n

    That pelican shit was April Fools, I take it?

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  33. Hammy

    is it possible that the new healthcare bill corporate write-offs (AT&T, Boeing, AKS) are a little over-exageratted, and being used to write-off bad debt or other balance sheet malefactors?

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  34. panamaorange

    I was leaning long on swings up until 1 week ago-but,

    Unless the VXX, TLT, FXY, and UUP are going to zero here

    The market is about to have a substantial pullback

    This quadruple bottom in TLT at 88.40, on 60 min charts, is damn bullish for bonds

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