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
23,479 Blog Posts

Steaming Forward

While most of you wallow in substandard positions, “The Fly” is ripping higher today, buoyed by LULU, DECK, DVR and WNR. The very stocks that served as an albatross to me are propelling me now to greater heights. You called DECK a loser because it traded lower from my original basis. But what you fail to acknowledge is the patience and deepness of my commitment to seeing it profitable. I do not care if the stock trades lower, on no news, over a two week time span. Before I am done here on iBankCoin, I hope you learn the ancient art of patience, often exhibited here by Plutonium Petey aka “The Fly.”

For the day, I am up more than 2%, putting year to date gains at 3.5%. All of the money I make here will be used to finance my Orbital Space Cannon project, for the explicit purposes of offensive measures. Remember, I have a great many enemies, most of whom lurk in the darkest shadows of America, vagrants, miscreants of the first order.

Enough about me and my little problems. How are you doing? Are you buckled into the FAZmobile, awaiting something grande? Are you planning a trip to some place exotic?

There are so many stocks that tempt me here, even NFLX. However, I am purposely distracting myself to avoid adding more money to this tape. In my estimation, the correct trade is to raise cash or hedge. I have no urge to liquidate my positions today because they are behaving like top hatted gentlemen. But I am watching them, ever so closely–and at the first sign of weakness, I will sell them and replace them with marble statues or $5,000 bottles of vintage Bordeaux.

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39 comments

  1. Mr. Partridge

    Bought this dip 🙂

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  2. Yabollox

    This is already a better year!

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  3. JakeGint

    I hope this one escapes moderation!

    Hot off the e-mail wires!

    President Obama walks into the Bank of America and says to a cashier, “Good morning Ma’am, could you please cash this check for me”?

    Cashier: “It would be my pleasure sir. Could you please show me your ID”?

    Obama:
    “Truthfully, I did not bring my ID with me as I didn’t think there was any need to. I am President Barrack Obama, the president of the United States .”

    Cashier:
    “Yes sir, I know who you are, but with all the Government regulations, monitoring of the banks because of imposters and forgers, etc., I must insist on seeing ID.”

    Obama:
    “Just ask anyone here at the bank who I am and they will tell you. Everybody knows who I am.”

    Cashier:
    “I am sorry, but these are government and bank rules and I must follow them.”

    Obama:
    “I am urging you please to cash this check.”

    Cashier:
    “Look, sir, this is what we can do: One day Tiger Woods came into the bank without ID. To prove he was Tiger Woods he pulled out his putting iron and made a beautiful shot across the bank lobby into a cup. With that shot we knew him to be Tiger Woods and we cashed his check.”

    “Another time, Andre Agassi came in without ID. He pulled out his tennis racquet and served an ace shot directly into the center of our bank logo 90 feet away. With that spectacular shot we cashed his check. So, what can you do to prove that it is you, and only you?”

    President Obama stands there thinking, and thinking and finally says:
    “Honestly, nothing comes to mind. I can’t think of a single thing I can do.”

    Cashier:
    “Will that be large or small bills, Mr. President?”

    ________

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    • razorsedge

      lol…

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    • Mr. Cain Thaler

      Haha that’s great.

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      • Blind Read Ant

        It was better in 2008, but…

        A robber holds up an urbane looking man of stature on the streets of DC.

        The thief savagely said: “Give, meee, yoooour, money!”

        With a grimace and undignified posture, the Senator retorted: “Why don’t you know who I am? I am a Senator of the United States.”

        To which the mugger responded: “In this case, GIVE ME MY MONEY!”

        Pardon the pun Jake (No Sen. JIG).

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    • dk

      Lost me with Andre Agassi serving an Ace. Sure it wasn’t Sampras?

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      • JakeGint

        Back to the oubliette w. you!

        (No one remembers Sampras… you might as well say “Jack Kramer” or something)

        _____

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  4. JakeGint

    I had hoped taking all the html off that last post would help it escape moderation, but no dice.

    Can you pwease “Wewease Wogah?”

    ______

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  5. Genghis Khan

    Fly- It’s nice to see you go all hands on DECK, however, even with today’s rise, aren’t you down over 10% on it? Are you holding it for a $100 roll?

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  6. Bullish

    “replace them with marble statues or $5,000 bottles of vintage Bordeaux”

    Its no wonder you need 70k a month just get by!

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  7. razorsedge

    bought jpm.

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  8. K.C. Antnee

    Got WNR from the Fly just in time before it sported a dividend, now it’s all hands on DECK in all its’ furriness. Got a grip on things ….

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    • K.C. Antnee

      WNR’s cash flow was bigger than expected. With the hedges and wedges, and middle east tension building and building…… this WNR could explode to the upside in our faces !

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  9. Mr. Partridge

    US banks look good 🙂 did I just say that?

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  10. Drewdog12380

    Chateau Margaux?

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  11. Damon

    F-35 most expensive military budget in history.

    The B-2 stealth bomber was over a billion per plane, remember when two of ’em crashed down in the Philippines, because the pitot tubes had “too much humidity”? (were painted over)

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  12. NoStripedPolos

    ’64 Cheval Blanc, case of all ’82 first growths

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  13. Mrs. Peabody

    FTK, my children, FTK. Never say “no brainer” like Mr. Black Swan Taleb who predicted that short treasuries in 2011 would be a “no brainer” and Mr. Bill Gross also had disdain for treasuries. Please report here any more of these Guru mistakes.

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  14. locobbb

    with 70k a month perhaps you should turn your attention to DRC Romanee Conti at $16,372 per bottle.

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  15. JakeGint

    Speaking of food, This is pretty funny…

    Note the last bit about burritoes… lol.

    _________

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