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
23,446 Blog Posts

Introducing The iBC Store

We ain’t got shit to sell, other than egregious mugs. But, coming soon, I will be a t-shirt merchant. That’s right folks, I will give up my high paying Wall Street gig, in order to sell fucking Pelican T-shirts to complete strangers on the internets. For the record, Mrs. Fly thinks I am devoid of reason, with my internet adventures. Needless to say, she is NOT a fan.

The iBC Store!

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61 comments

  1. Sugar Lander

    Put me down for a pelican T-shirt. Awesome.

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  2. DPeezy

    So…wait…the “regular” price for the mug is $30, $33 if inscribed.
    Now the “special” price is $25 for the mug, a discount of fiveh dollah (or 16.66% OFF)
    Yet, the inscribed mug only goes down $3, to $30 even (a discount of only 9%).

    This is some GS-like shenanigans, man.

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    • mrsbuttons

      mr fly for a few cents someone could puy iron on paper, stick it into a printer, download your logo and make their own t-shirt- how can you stop that?…

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  3. JuiceyFruit

    I never spend less than $37.30 for kawfee mugs. Ergo & to wit, and much to my chagrin, I cannot purchase such plebeian artifacts. 8)

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  4. scum bucket bitchez
    scum bucket bitchez

    Gotta make up those squid losses somehow.

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  5. angelo

    anybody know of company that clean up oil spills ?

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  6. Fook

    Most excellent. I am pleased my idea has taken flight.

    Now, I demand you stock it with iBC lighters, cigar punches, and brandy snifters.

    Good day to YOU, sir.

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  7. Le Fly

    Ibc jeans? Great idea.

    A cAt 5 cane would be awesome right about now.

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  8. Le Fly

    In ppt we have a sick company desc search in place. I have more than a dozen names that may benefit from clean up. Thats how i found trma

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  9. Black Gold

    Le Fly, are your familiar with GIFI – Gulf Island Fabrication? Looking for a way to play the oil spill – these monkeys help fabricate all things off shore drillers in the Gulf.

    It’s been on a tear until Friday – tiny stock, earnings great recently, but looks overextended Could be a nice short assuming the gulf activity will slow down for a while

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    • Po Pimp

      If Gulf activity slows down it won’t be for long. Next time Tiger Woods crashes his sled into a mailbox all this BP stuff will be long forgotten and we can get back to business. America better hope that’s the case at least. Otherwise you’ll be paying $200 / bbl for crude in no time and PKD will be moving rigs into the White House Rose Garden.

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  10. Black Gold

    good pt Po, now the big-O is getting involved and visiting tomorrow, it wil lbe hard for him to pimp off-shore drilling at least for awhile.

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  11. Taqiyya

    You are stuck to the flypaper. How low and common will you get for lucre in the till? Yeah, I know, as low as it takes. Pity. Me Polish immigrant mother never missed telling me, “son, don’t ever be common”. Good shit unless, of course, one is a fucking insect. T shirts, coffee mugs! What next? Ass-crack filthy jeans cut-offs?

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  12. Heaterman

    So……..Methinks a little discussion regarding BP is in order……

    Doing a little reading this AM seems to repeatedly unearth the fact that this is not an oil “spill” per se……..in the normal reference to such an event. A spill would be defined as a fixed amount of crude that has been dumped, tipped over, leaked or otherwise let lose on the environment. What we have here is an unlimited amount (at least until the reservoir runs empty) that will continue to puke out enormous volumes of crude until such a time as it can be capped, plugged or captured in some way.

    The various scenarios I came across show that any such as solution is currently weeks and more likely months away. Let’s say for the sake of expediency that it takes 80 days to get this thing under control. Various current estimates place the “leak” in the reservoir at 5000bbl /day. That’s a loss of income totaling 5000x$82/bblx80days = $32,800,000. Chicken feed for BP. It won’t even wiggle their bottom line.

    The huge ? is the environmental damage this holocaust will unleash. Estimates run into the 1/2-1 billion $$ / day in losses to the various GOM economies ranging from fishing to tourism. Based on the fact that the current assumptions confine the slick to the upper gulf region, those figures could be correct. I think they are mortally optimistic. Factor in a Cat 3 or 4 blowing into the gulf whilst the blowout is still going strong and you have just unleashed a high potential for Armageddon from the Florida Keys to Corpus Christi Texas.

    So what if we assign a number that says for every day the blowout continues, it costs BP $1B in cleanup costs, payments for lost revenue to local economies, the drilling of a “shutoff well” etc, etc, ad nauseum? Take our assumption that the oil continues unabated for the 80 days referred to above. We have a tidy sum of $80,000,000,000. Given that BP’s total market cap is roughly $160 billion, the question becomes whether they, or any company can take a hit of 1/2 their total net worth and still survive? My gut tells me no. Unequivocally no. My conclusion based on very sketchy/stretchy current information is that we can look for BP to go to $0.00 Time and the influence of mother nature will tell.

    What think ye all?

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    • needle dick the bug fucker
      needle dick the bug fucker

      Ya a hurricane would churn the gulf into a mess. Just in time for the summer tourist season. I love surf fishing too. Sucks.

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    • Po Pimp

      Actually big storms or hurricanes may help. There was a huge oil leak from another rig in Mexico back in the very late 1970’s. Apparently some big storms kind of churned up the oil and helped dissipate it making the damage much less than expected. Guess it depends on which way the wind blows.

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      • Heaterman

        New estimates are putting the flow at 25,000 bbl/day. The Gulf is screwed and so is BP unless they get the thing contained in a very short time. just sayin’……………….Holy shit man! 25,000 bbl/day

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  13. TA

    1150s looks like a good place for the market to take a stand but if that fails, next stop is probably the 1090s which is roughly the 10% that the Fly was looking for.

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  14. tradingnymph

    I posted this at another site thought I would share…You know, what happened in 2009 is so rare and black swan that hopefully it won’t be that way again….imho this entire rally has been based on the thesis of global growth with so many looking at copper buying and price….this is the Shanghai Copper Bubble that I have been ranting about since April 2009…I keep saying SOMEONE should stop this or at least warn people but nope, great lesson for me cuz I really gave way too much credit to the China Govt in it’s ability to lead…..this is a picture of the Monster it created…notice how the stockpiles and price are no longer moving together….ehh timber…This is why I call it the Stupid Shanghai Copper Bubble

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    • Hawaii Five0

      Nymph,

      I can’t get it to load.

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      • tradingnymph

        It doesn’t work when you click on it? Mainly it shows the Shanghai Copper prices and Shanghai Copper Stock.

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  15. Rand

    Fly,
    Tell your wife that t shirts sell to tje tune of millions of dollars a year, and with the internet( that a cretin vice president claims to have created) it can reach ten fold customers. But be sure to have a good supplier, i am sure demand will be high! And with every posting quote to the peanut gallery, i am sure those of up lamponed will buy more. Food for thought.

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  16. Goldie

    What? No IBC K-cups?? OUTRAGEOUS!!

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  17. Le Fly

    Pelicanware. Its all the rage.

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  18. Hawaii Five0

    General question.

    I know a young person who has read a couple books and want’s to practice trading stocks, but has only 500 to 1000 dollars to trade.

    Does anyone know how he might do this without wasting way too much on commissions, etc? Is it possible to do this online with charts and shit at this low a dollar figure?

    Thanks!

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  19. Le Fly

    Discount brokers are for discount people

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    • No One

      Like the ones who sell mugs on a finance blog?
      🙂

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  20. No One

    Fly,

    What do you think of AUY?

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    • tradingnymph

      Not the fly…AUY reports after the close on Monday so who the heck knows what company will say…using fibo (mix of levels and ma’s) support is at 8.62 and resistance at 11.59. Normally Gold likes to run up leading into the ECB and BOE meetings this Thursday…imho, monday it will probably run up…so risk/reward won’t be there to “play the earnings”, plus China comes back from May Day on Tuesday so Monday Party Day could get sorta ugly maybe, esp if RBA doesn’t raise rates.

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    • No One

      A girl with a penis? What has been going on round here?
      I think AUY is a good play, technically it looks like a good setup to me.
      Support at 9.8, or it could easily pop 10%, and then who knows.

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      • tradingnymph

        That is not a penis…it’s her leg…don’t you watch powder puff girls.That’s Bubbles. Sugar and Spice and everything nice…but can totally kick butt..

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      • No One

        I can see her doing something with a butt.

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      • sandfleas

        I’m in if you like it, No One, lol.
        Why not a girl with a penis?
        There are plenty of manginas around here, lol.

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      • No One

        If you buy, take a small position. Earnings is always unpredictable. The signs for a breakout or at least a move higher are there, imo.

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        • tradingnymph

          It’s A leg…roflol….plus, sick dudes, she’s in Kindergarten….me and Soros are both long AUY already but I would expect some selling at 11.50ish range, fibo MA..my AUY is all just profit cuz I double money on it already and took out cost and let run, so I don’t need to trade around it. It’s a hedge which is about all it’s worth at this level……SEE Powerpuff Girls don’t have real feet….not a penis…http://www.youtube.com/watch?v=q8HdpBXLVYk

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  21. Le Fly

    Bubo

    I will not be making coin on the mugs. With the cost near $20 per and shipping expense, i stand to make like a dollar. Quit being a wiseass or i will shoot you in the face.

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  22. Turd Ferguson

    Need to offer signature engraved, gold plated, premium edition “Heratio Clawhammer” claw hammers. Perfect desk accessory that sends a message not to mess with the owner of said device.

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  23. Cascadian

    Fucking pelicans on a t-shirt. Pelican porn is a great idea. Shameless capitalism at its’ best.

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  24. tom

    fuck all this cheap mug with lead from China stuffs when are you going IPO or IBC stock??????????????//

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  25. Carsony

    Fly please dont become a jim creamer. Selling everything to
    Make a buck, stay unique.

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  26. RNB

    Maybe hire a new blogger that tells everyone to buy a fly’n T shirt NOW!

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  27. bubo

    Fly,

    $25 for a $2 mug… It looks like you’ll make more coin off the mugs than with your recent picks…:)

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    • VXX GS SRS

      or losing more than what he lost on VXX GS SRS hehehehehe

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      • Dr Fly

        I made money on VXX. GS is an investment. Are you familiar with the term?

        And, VXX is my hedge, which will be profitable soon.

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        • VXX GS SRS

          your vxx will soon be profitable? . you are doomed to sell mugs and peanuts at the cubs game. hehehehehehehehe

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  28. StratG

    IB is good for Cheap leverage, Cheap trades (not penny stocks though), Lots of shorts, Platform parameter control. Costs 10k to get in.

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  29. StratG

    Oh and Schwab is cheap on penny stocks. Free to get an account.

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  30. dave

    WTF…? is that mug made in the USA? Get it made in China, out of lead and sell it for $10.

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