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
23,442 Blog Posts

Get Your Cup of Black Smoke Filled Now!

The rally, built from marshmallows, cream puffs and robot grease, is coming to an end, at least on an intra-day basis. Let it be known, you will get exactly what you deserve, AND MORE.

On the great eyes of Ulysses, I shall have my way, vis a vis large purchases of common stock through your margin liquidation. You can feel the pinch already, can’t you?

Today’s small purchases of TriQuint Semiconductor [[TQNT]] and General Cable Corporation [[BGC]] were simply to fill holes, as I have been a net seller of stocks for weeks now. As you know by now, I fucking hate this candy-ass market, with all of its cavity inducing sweeteners, and feel it is my duty to bring it down, brick my brick—stone by stone.

You should see me now, walking around the office, drinking from a dark/sinister mug, brimming with black smoke. You should try a little. It tastes like brimstone.

Top picks: Flotek Industries, Inc. [[FTK]] , [[TLT]] , black smoke, and urrrr, [[VXX]] .

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21 comments

  1. radesix

    Testing a comment post from the new iBC 2.0 iPhone app

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  2. panamaorange

    in addition to the VXX and TLT squeezes inbound,

    i think the japanese (yen) FXY is about to go full “guadalcanal” on anyone long SSO

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  3. dumas

    Fly, if you don’t mind sharing, about what’s your % TLT/VXX/Cash/Longs. Appreciate it.

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  4. jimmie

    The amount of sheer fuckery running these markets is staggering. One would think Nobama was single handedly running it with 13 of his closest Chitown criminal friends.

    off to take a nap or a dump i’m not sure which

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  5. scott

    I always knew that you were one deep, dark dude….

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  6. Carson

    ONE SHOULD KNOW AT THE HYPE OF THE RALLY TO DIP ONE’S HAND IN THE COOKIE JAR AND GRAB SOME TASTY VXX

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  7. TA

    You’ve been saying this for 3 weeks now

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  8. Tooth Fairy

    General Fly, any thoughts on black gold here?

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  9. inloworbit

    Does that cup have any SGG in it?

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  10. jimmie

    jimmie thinks it would be pretty cool if one day fly woke up and turned on his computer and FTK opened at like 6 dollars.

    the naysayers would have to move to romania without a paddle 🙂

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  11. Tradermark

    Best performing stocks of Q1 2010, over $300M Market cap

    52 names returned at least 50%

    http://www.fundmymutualfund.com/2010/04/52-stocks-returning-50-in-2010.html

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  12. Frank White

    Theres my 40 bitches!

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  13. MARCH TO DOW 20,000
    MARCH TO DOW 20,000

    Left,right,left, right….Dr. Fly is a clown!!…Left,right,left,right…..He otta know you can’t keep this market down!!…Left,right,left,right

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  14. Rigged

    Maket made of “Sugarless” marshmallows and creme puffs…but with all the “full calories” flavor

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  15. Yossarian

    If you’re lucky, you’ll get an invite to my 2013 New Year’s Eve party. Dude….

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  16. zero base

    Dunkin Donuts is now selling mugs of black smoke. And it’s calorie free.
    Not bad, but a little gamey.
    It’s got just a hint of brimstone & chicken (whole) [live]

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  17. Wael

    Hey Fly,

    a long time fan here, so i have a couple of questions regarding FTK:

    – On the ppt site you mentioned that you recovered 400K with yesterday’s move, which put you position at about 1-1.3M shares and given the size of the float you are most likely a 5% + holder.
    so did you file a SEC declaration? i couldn’t see you on the Yahoo Finance major holders list.

    – Second, according to the same list , the biggest insider holder have maybe 700k and the biggest institutional holder is at 800K with the median of institutional holdings at 300-400K

    i find this is a bit weired,

    please don’t talk this personally, i am just curious

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    • The Fly

      I answered that question in the PPT notes for FTK.

      In short, I don’t run a hedge fund and have a multitude of indiv accounts. Therefore, because they are NOT POOLED, filing is not necessary, since I do not control them.

      Got it?

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      • JakeGint

        Sheesh, for about the hundredth time now… maybe you should make a box for noobs in the corner?

        And stuff them into it.

        _

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  18. The Fly

    In layman’s terms:

    Say you and your five friends owned 10% of ABC corp, would you 6 idiots have to file a 13-d?

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