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
23,433 Blog Posts

Don’t Tread on iBC

I’m not a nice guy. I waste inordinate amounts of time talking to fucking idiots on the internets. The very last thing I will tolerate is questions in my email box and/or nonsense inside of The PPT. Let me be clear: This is my domain. Fucking with my domain will put you in a mustache-less situation, if you know what I mean.

Consider The PPT “The Fly’s” office, where he permits you fucking ingrates to look in for a measly 29 bucks per month. It is a place of distinguishable honor, sacred to me and my reputable backers. We do not need you there, always remember that.

As for the tape: you do not deserve late night commentary, due to past and present sins. I am sure you all know what to do, being experts in all things that have nothing to do with how the markets work.

Do not waste my time.

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

79 comments

  1. alf44

    FLY IS DOG !!!

    As it were !!!

    .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. okie dokie

    yessir

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Le Fly

    Cien is down u fucking putz. Thats how it works, shorts make me coin and longs lose duringnbad tapes.

    I am up 37% for the year fuckface. What are you doing?

    Answer: you’re banned

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

      Are you talking to yourself again, mon frere?

      ____________

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

        ha! Jake you missed it– it was the fastest ban I’ve ever seen. Really–like in 30 seconds.

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

    Fly,

    I realize I’m bordering on maniac pestering, but any insight you can give on Flotek?

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

      Ftk going bankrupt? what’s the skinny

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

        Based on last quarter’s earnings, they seemed to be on the rebound. But stock dilution is the black cloud hanging over any sort of upward movement. I was pretty bullish on Natural Gas, but Fly’s deflationary vortex thesis has me rethinking what kind of upside NG really has–even though we are in the midst of hurricane season, off-shore moratoriums, etc.

        With minimal off-shore exposure, FTK seemed primed to capitalize on the mess in the Gulf. Yet things look grimmer and grimmer every day with this company.

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

          With a bajillion cubic feet of shale gas being produced every second, who gives a fuck about GOM for natty supplies?

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  5. Yossarian

    Fu(k you very much. And halve your VXX position. Deflation? Bah, humbug…, sport. Buy some DBP.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. enraged beaver

    you sir Fly are testy,needy, and irritable. A strange response from someone up 37%. Take it down a notch and chill.

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

      beaver- I’ve been in the PPT since Feb 09 eg “working” with Fly and his team since then as he is trading in there with us during the day- and have never experienced him being needy– though I’m sure I’ve probably been that in there. Testy and irritable? maybe- don’t know any money managers who take their job of protecting their client’s money very seriously who aren’t on edge in this market. Don’t see him being testy and irritable in the PPT unless a new member is rude/demeaning to him or someone in the PPT. Only see him helping, helping and HELPING us in there- though how he has time to do that is a mystery to me.

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

        Oh, he is definitely testy and irritable.

        I call it “the Noo Yawk Condition.”

        It’s like DNA.

        __________

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

          My dad left NYC for Oregon to raise us (thank you dad!) and my boss grew up in Brooklyn- so I understand the cultural condition. And the guys I’ve worked with from back east get so frustrated working with us Oregonians because “we are too nice and polite” (they’re probably thinking we’re brain dead, idiots or zombies which may be treu (sic) given some of our not so wise pasts:) and tend to not what to get into what could be a very healthy argument about an issue. But that’s culture. Given his culture- he is certainly very kind to us in the PPT- as for me actions speak far louder then words. It’s like someone saying about Jake “he’s a conservative fanatic” rather than “and an excellent trader with excellent posts- whose portfolio is outperforming many- who is consistently helpful to his commentors”. Fly may be NY cranky at times- but that is far outbalanced by his generosity, his work ethic, his trading skills which are shared with us, and his integrity. More then anything else about him- it’s his integrity and passion for having tools that “regular” people can use — that would inspire me to do what I could to help him succeed- even if
          anything I do is of very little value in actuality.

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

            I demand to be considered “NY cranky” too!

            ______

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

            You know, this whole deflationary vortex commentary and savage austerity measures being the new strategic plan is somewhat irritating. Since my strategy is long for many years, another buying dip is of no consequence, but watching my portfolio shrink and then expand is annoying. I’d rather watch it expand and then expand, if you know what I mean.

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

    Think we get a sustained bounce from here.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Le Fly

    Beaver

    Fuck off

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

    Don’t know what happened or what to say exactly. I would hope that people joining the PPT “get it” (that the subscription rate is a joke compared to the value) and that we are absolutely not there because you need any of us. My experience of the PPT over the last almost 18 months It that it is a “once in a lifetime” opportunity to get to “drive” all that the PPT (you) offer so generously (yes, generously) never taken lightly by this idiot.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. Le Fly

    Lindsay

    We have a lot of people joining due to word of mouth. The problem: membership needs to be denied to some.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. TA

    No idea where this came from but the comments on the previous post were beyond annoying.

    Not as bad as a heated discussion on politics but a close second.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. Tim Knight

    Im sorry. I must have said something wrong while inside the PPT. Look, I wont say anything from here on and just watch. I was just trying to help with my advice that has made me a millionaire many times over since March of last year. Can we be friends again? Any chance?

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

      Don’t test the fly at the moment, Tim. You’ll get a life time ban for just being you.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  13. JakeGint

    You would have so much more time to cultivate the to-mah-toes (sic) if only you employed the good services of the PPT.

    900+ lives saved thus far. Will yours be next?

    _______

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. Jayla

    I just joined this evening and logged on to this post. Dunno what to say, but if i did i get the impression i would be banned.

    Lindsay, i appreciate your response to us newbies.

    Hope you have a relaxing vacation fly!

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

      Well, of course. Enjoy- take some time to get familiar with the screens, tools, etc.- ask questions when you’re ready. It’s a very special community that is growing very quickly– as much as I’m sure he doesn’t enjoy it -it’s critical that the leader sets the tone and expectations.

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

      Jayla,
      Take the time to read all the past posts in the Forum. You’ll be surprised how much information is in there.
      Welcome!

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  15. goldwall

    been a while..guess i missed something? gotta get some PPT..

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. Le Fly

    I am glad to help. Just do not abuse my kindness.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Le Fly

    Tea baggers

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. The_Real_Hmmm

    I did a search for stocks hit by more than 50% and found this interesting pick: GXDX.

    Their revenue has been fairly steady but all of the talk of revenue cuts and lowering of forecasts have pummeled the stock price. They have no debt and $132M of cash on hand with an EV/rev of 0.80. Analysts have cut the FY’10 EPS to $1.20 for its 18M odd shares outstanding valuing it around $22. Right now it’s trading for $16.37, or a 34% discount.

    Worth a look, I may buy it.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. Le Fly

    You are all communists.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. Le Fly

    You are ky jellied

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  21. xiv

    stop the $%$%@#@#$ subscription promotion already.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  22. Le Fly

    Not promoting.
    Actually, i am doing the opposite. I do not link to service. It is written in the code that each time ppt is mentioned, it links to service on its own.

    Just trying to get a message
    Across, in between learning history from jakegint

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  23. Subcomandante Braveflaps

    I am blue blazered and filling myself with quarters:

    http://www.dailymotion.com/video/x1xf3y_thenational-mistaken-for-strangers_music

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  24. Le Fly

    Blue blazers are for liberal commies. The new blazers are green.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  25. The_Real_Hmmm

    Check out the non-correlating properties gold has to other asset vehicles, it is surprising: http://www.gold.org/assets/file/value/stats/statistics/xls/US_output.xls

    I might postulate that its popularity could be its non-correlation to commodities, bonds, and stocks on a rolling 3 year period.

    Gold is also hugely popular in India for jewelery where inflation is 11% and it is considered a safe investment there. Jewelry demand in India is up 700%! Bar hoarding and imitation coin demands are running counter to financial product investment too while jewelry consumption has doubled from 2009 (http://www.research.gold.org/supply_demand/).

    Last, here’s a recent report: http://www.gold.org/assets/file/pub_archive/pdf/GDT_Q1_2010.pdf

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

      Not as easy to hide the inflation in non-primary currency countries. QE doesn’t work so well.

      Ironically, the Indians are better off with their accurate market signals.

      ____________

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  26. Subcomandante Braveflaps

    Tiger’s green blazers will be on ebay soon to raise money for his divorce.

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

    UK GDP data has been delayed until July 12 http://online.wsj.com/article/SB10001424052748704103904575336674242612774.html?mod=googlenews_wsj

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

      The real reasons (not published) for that may be very interesting.

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

    Also, Fly I want to thank you for PPT. I had way too much fun with it this past month. I am going to take a month off from it and just sit and think about it. Market is in a like duh downtrend since April, but PPT was a great indicator for stupid delayed rallies off Analyst upgrades and lagging econ data….it is such a great toy……..I also have to go learn about CDS ‘s this next month and it will probably take a lot of time….but don’t worry, I’ll be back in the toybox soon and now I know how to actually use it.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  29. Sum_Ting_Wong

    for every ” Tea bagger”
    there is a “Tea bagg-ee”

    I’m not picking sides….just saying

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

      there “was” a tea-bagg-ee — but due to the economy, they have since been laid off.

      more at 11:00

      carry on.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  30. Sandgatorman

    Deflationary vortex hits ADP jobs report just +13k, futures turn red

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  31. 1134

    Baltic Dry Index (BDI) -41 2406

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  32. Mr. President

    It has been written; thus it shall be.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  33. TheV.King

    Trading_Nymph says:
    June 30, 2010 at 2:54 am
    I wonder if VKing and Drummerboy is the same person? And Drummerboy is the same drummerboy from another site….if it is, it would make total sense.

    Remember the V.King is always near….10 10 10 it’s coming whether you like it or not

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

      Haha, V.King is back! The Fly was gracious to you and lifted the ban?

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • TheV.King

        Lifted Ban? How about I lifted it myself (actually leg pressed it)…Kreizi is your gravatar Mick Foley?

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

          Fuck no. Wrestling is gay. Gravatar is The Dude, actually.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
          • TheV.King

            O.K. you may keep it….

            I’m in a good mood today (chest day) ….What do you bench?

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

            Hahaha, thanks, but I will change it anyway to a more suitable. Check it out on a screen near you. I bench coin during daytime, and my testicles during night. On a more serious note, though, it’s chest and arms. Coins and muscles is a winning combination. Brains too, BTW.

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

            V. King, how much do you bench?

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

      V.king and drummerboy are not one and the same. i am the drummerboy that hung @ stockpickr where TN hangs. she touts the class of 07,i’ve been there since 06. thats all i got to say…TN you were a CUNT then. your just a BIGGER CUNT now, btw,when you, ryan, and Cramer were sitting around at the table in cali. and you and cramer went off into the hotel room to give him a blow job, pray tell,did you swallow the load to get that job @ the street, that you didnt get.so now,you see a poster w/my name,and all the sudden you cast dispersions before you even know who’s who.thats why ur a CUNT.i have only one screen name thats drummerboy.couldnt use it at twits so i use my business name HONEY DO HANDYMAN. and the only KINGS are drummers. cause they sit on thrones………….

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  34. Kreizi

    Sold out VXX at profit. 100% cash position. Will invest in rare-earth commodities–fine cognac, wine, and young beautiful women. Kudos to Fly.

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

      BTW, women are the best investment in deflationary environment. One can get a threesome for the price of one!

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

        Please send tel #s or email addresses ASAP. This is a nice short term cash equivalent.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  35. Bullish

    Jumped back in the FASmobile. Time for a bounce

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

      Is your gravatar that prop from Back to the Future II?

      _____

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

        Yes, it’s the Gray’s Sports Almanac 1950 – 2000 edition.

        A strange old man gave it to me, he told me he know the sports scores for every game to be played in the future.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  36. Quint

    Tesla – the next Google?

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