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
23,436 Blog Posts

Prepare to Have Your Legs Removed

BP is the greatest oil company in the history of the world. THEY FUCKING SAVED FLORIDA! I find it to be “so awesome” that the well was plugged. I am sure, as we speak, Texas Tea Men from, ummm, Texas, are celebrating over decadent breakfasts, as the readily devour large chicken eggs and liters of orange juice.

I warned you yesterday, and I quote: “you have to get hooked to this market. I told you to get hooked and now look at the market. It is giving you a chance to get hooked.”

If that sentence made no sense to you, very well. I will continue to go about my day, laughing on the inside, while scowling like an old man with a brain hemorrhage on the outside.

Today, I will make a “fuck load” of money, much to your chagrin.

If you enjoy the content at iBankCoin, please follow us on Twitter

20 comments

  1. Mr. Limm

    I think you may need to cut down on the “Medicine.” (ie, “23”)

    _____

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. MOOBER

    MOOBS FINDS A NUT!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Cascadian

    Yes, I have a butt load of beta, so today is nice. (so far) BP better be doing this right this time.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. TheArtist

    I didn’t think “time machine travelers” needed money? especially fuck loads of it.

    just make sure you do not overload the machine with unnecessary weight.
    ha.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Milktrader

      You need money to buy fuel for the time traveling machine. Everybody knows that. When is the last time you used one anyway?

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • TheArtist

        time machines run on magnetic energy created from the static seperation of dark and light matter and this is done onboard…..everybody but YOU knows that…..

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  5. Henry Fool

    DVAX buying opportunity here @ $1.70

    http://henryfoolspicks.wordpress.com/2010/05/27/more-positive-news-from-dvax/

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Alvari40

    It’s all I can do to hold on to my 20% cash position.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Alvari40

      Don’t ruin the party, my June $44 calls are up over 50% today. Let us have a couple hrs of fun.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  7. tradingnymph

    Do you notice how the Eur/USD is fading the open? Also, with everything SPX not over 1090…VXX? I know, I should have done PPT this past weekend.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Canetti

      Hi Nymph –

      Saw your post from yesterday that you were still looking for the Paul Tudor Jones article. Much appreciated. I read every post and comment here, so if you do turn it up and mention it, I’ll pick up on that.

      Meantime, I’ll keep searching on google for an article with that theme.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • tradingnymph

        Canetti…I was looking for it too…I was also looking for my Market Wizard Book cuz it could be in there…I know I posted the article in my Stockpickr Trading Diary…but that has about a year of notes in it, way too big to look thru it……I haven’t forgotten…I just haven’t found it yet….Do you have Market Wizard Book, I think 2nd version? If so can you check PTJ interview?

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Canetti

          Strangely, haven’t read that book yet, considering it’s one of the classics. Maybe this is a sign I should finally get around to picking it up.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  8. jimmie

    My two year old thinks today is a fade the fade day.

    His legs are short so we can replace them rather cheaply.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. Jakegint

    Mr. Limm seems to have temporarily (tempolallily?) taken over, Sybil-style…

    _______

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. JALCOVT

    R/V Pelican was near Deepwater Horizon when it blew up. Feds looking for Fly. Details below,

    From Google news,

    “Zoom in on the Deepwater Horizon oil slick and you will find a motley community of critters hard at work breaking down the oil: bacteria.

    At the annual meeting of the American Society for Microbiology in San Diego, California, this week, Jay Grimes of the University of Southern Mississippi in Hattiesburg reported that over the past few years, researchers have found that dozens of different kinds of marine bacteria have a healthy appetite for oil.

    He said that water samples from the Gulf of Mexico are showing signs that marine bacteria are already pitching in to help with clean-up efforts, and that populations of these bacteria in this area are likely to boom as they feast on the oil from the Deepwater Horizon disaster.

    Among these are members of the Vibrio family, which includes the species that causes cholera. Grimes cautions that there is no evidence that this species is one of those that breaks down oil, although other Vibrios that cause human infections do.

    “The Vibrios use breakdown products of oil,” says Rita Colwell of the University of Maryland in College Park. “When [the oil from Deepwater Horizon] reaches the estuary, Vibrios very likely will increase.”
    Feasting bacteria

    Colwell says that the greatest risk of bacterial infection in the Gulf comes from Vibrio fish pathogens and other species that commonly infect shellfish. Some of these can cause disease in humans.

    Grimes’s research department had the only research vessel, the R/V Pelican, on the scene until BP sent one in this week. It brought back samples of oil droplets that already had Vibrios clustered around them. Low oxygen levels were also detected near patches of oil, a sign that bacteria are feasting.

    Crucially, R/V Pelican happened to be in the area when Deepwater Horizon blew up. That means the team could immediately collect water samples to test for bacterial populations from areas that were threatened by the spill but had not yet been contaminated. The work is on-going and will be vital in future studies of how the spill has changed local ecosystems.

    “Now we plan to see how the microbial community evolves when you give it oil,” says Grimes. He hopes to screen bacteria from oil-affected water for the DNA of oil-eating enzymes, and use this to determine their species.

    “This blowout could permanently reshuffle the microbial community in the Gulf,” Grimes says. In previous research he found that Vibrio became the dominant type of marine bacteria off the south-eastern US as oil tanker traffic increased after the 1970s.”

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • omfgitsjd

      Why do you think they call it operation “Top Kill”.

      • 0
      • 0
      • 0 Deem this to be "Fake News"