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
23,445 Blog Posts

BEND THE KNEE

You have been disciplined and dispatched.

Shame on you for misjudging the tape. From hereon-forth, all parties who were profligate with their stock market suggestions, over the past month, will be banished from the great halls of iBC.

I stand before you, towering with a magnanimous shadow, drinking wine from a human skull– but in no way content. Like a vampire on the prowl, I endeavor to sap the coin from your brokerage accounts and transfer it into my own. YOU WERE WRONG ON YELP, just like you’ve been wrong about your entire life.

I do not win due to luck, but design.

What you are witnessing now is normalcy for me. I can’t help but to win, in largess manner, with all of the pomp and grandeur that someone in my position might expect. I beg of you: bet against me. See what happens.

We are going higher, much to your chagrin (feel free to digress!), and I am now up 17.5% for the year.

http://www.youtube.com/watch?v=t4A29uG0KBc

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67 comments

  1. EN1GMA

    indeud

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  2. kelkun

    Well done on holding $YELP through the chicanery, it’s not easy to do shit like that. I actually managed to buy it near the low but turfed it for less than a buck, highly unimpressive. In any case, are you selling some? Just tagged overbought today on the daily on my metrics.

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  3. clegger_2000

    You are gifted in the art of winshippery.

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  4. KQ

    Fly, what’s your take on $yelp option especially out of money calls. Thanks

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  5. Greener1977

    Get off your wallet and pay for a PPT membership, it is well worth the winship!

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    • TheOSU

      You’re right ; seven of us split the cost and it is worth it .

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  6. The Fly

    JOHN SILB HAS BEEN DISPATCHED TO THE IBC PRISON

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  7. schadenfreude

    “drinking wine from a human skull– but in no way content.”

    Hilarious. I nearly choked on my coffee.

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  8. SilverSucks

    you are gifted in the art of bullshittery….I bought TNA when you were buying Silver (EXK)….that position will not win, commodities are going down as the biggest cheap oil bull market in 50 years commences. If you don’t believe it, keep your gold and silver, you can use it to create your own financial system and then maybe you can exchange it for food.

    Oh yeh, I know, banned.

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    • The Fly

      Yes, ban yourself BOY.

      I own many stocks because my pockets are deeper than yours. I bought EXK two days ago. I didn’t know investments expired, like the lease on your cheap car.

      Good luck with TNA. I support it.

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      • Cascadian

        Laughing my ass off–
        “…like the lease on your cheap car.”
        nice one there!

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    • moolahheaven

      Who the F- are you S. Sux? Shame on ya when you step up ta the old dirty Fly! He has demonstrated his prodigious, perfected, prognostication and has time stamped it, you however have merely shoved your way into the black tie ball with a dirty undershirt and shit stained shoes. Be gone sir.

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  9. Chart Killer

    Boooyah!!

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  10. fuck off fly

    $Yelp will see sub $14 again.

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    • The Fly

      You will see the black flag.

      How does it feel to lose all of your money in the great squeeze of 2012, bitch?

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  11. fuck off fly

    ZEROHEDGE RULZ BITCHEZ!

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  12. asteroids

    Please Fly: Ignore these parasitic morons. They are a distraction. Do what you do best, dispatch wit and wisdom for those that can profit from it.

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  13. The Fly

    No more talking, just bend the knee.

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  14. Mary

    Mr. Fly,
    Any thoughts on bringing in an accomplished Options trader to the PPT to provide options strategy, guidance, and trading suggestions? It would be a great help to me just like Chess and Rajin have been.

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  15. Dre

    I agree winning is winning , but to me you just hold on hope mode . If anyone holds a stock long enough it’s bound to go up . If your entry would of been correct then you wouldn’t feel the drawdown and emotional distress that you felt .

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    • luke

      He is a very sloppy and overrated trader. Only amateurs act all giddy and super bullish like him during a dead cat bounce.

      One day he says the market is going higher, then the next day he says lower. He is a farce who has no clue what is going on.

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  16. 4fl3x

    Congrats. I have a feeling you’re going to double that soon. NXPI, MOS and USG all look nice,

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  17. Oldmantrader

    It looks like the qt. end rally is over. What little there was. The beating will continue until morale improves. A break of S&P 1300 and new lows for the year will not be far behind. This could get ugly.

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  18. ruggyup

    In EXK@ $7.94, now smirking and thanking the clawhammer while admiring the audacity in Europe with Barclays fucking with Libor and cyber monkeys stealing from banks. Would be funny if not so perilous. Finally, is John Silb related to John Galt?

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  19. vking

    “Where there is a sea there are pirates”

    12-12-12

    Mr. Toreador prepare to be boarded!

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  20. pitbull

    let loose the dogs of war ! ,M. Brando in 1953
    https://www.youtube.com/watch?v=tY1ezMyRV9w&feature=player_embedded

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  21. kcscott

    Whether it is Friday or early next week, you’re going to see the SP500 test that 200 DMA. If it holds on close we’re done with this cycle and on uptrend.

    If it doesn’t there’s more pain down – here’s the blog spot: http://ibankcoin.com/kcscott/2012/06/26/2-scenarios/

    My Favorite Stannis moment from GOT: “Where is your God now?

    http://youtu.be/UfYnbuIwjTU

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  22. TeahouseOnTheTracks

    The two year cycle low in Tech is upon us … prepare to board, July is almost here!

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  23. The Coypus

    Oh my dear heavens. Look what my CATM has done since my Friday purchase.

    More to come, gents. More to come.

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  24. The Coypus

    From now on, “yelp” will be a verb used to describe the recoil of those being chastened by Le Fly for questioning his position in YELP.

    ——–
    yelp:
    1. to give a quick, sharp, shrill cry, as a dog or fox.
    2. to call or cry out sharply
    ——–

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  25. Yogi and Boo Boo
    Yogi and Boo Boo

    Fly, you have far more patience with fools than do. Nice job on owning this tape.

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  26. jason

    The great squeeze of 2012! Hilarious. I feel it coming as well

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  27. the boost

    heh heh heh heh heh

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  28. Patrick

    Heard on biz tv yesterday: “We won’t see 100 dollar oil again this decade.”

    I’m ready for the flag waving holiday rally.

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  29. theedge111

    I feel another Ban post coming.

    It seems as though you take more shit Fly when you are right.

    I think people like to watch you flipping out like a lunatic when you are taking your lumps as we all eventually do in the markets.

    Winship is not nearly as entertaining to read on here unfortunately. Congrats on your calls. You held when the bear shitters were ready to declare victory in May. Took a lot of balls and you are now being rewarded.

    Congrats.

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    • the boost

      hello,
      the bears ripped asses in may …..from what i remember there were 3 up days in may ….could of been 5 but my acct says bears wrecked shops and ripped asses in may…even made a few people un recognisable

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  30. the boost

    you will see it ,,sooner than you think

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  31. Goldie

    Damn did they close the Yahoo message boards?? What’s up with all these goombas?

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  32. DJMarcus

    Lesson to everyone: whether you are a bull or a bear, when you get too giddy on a position, prepare for the rubberband in the opposite direction.

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    • the boost

      i have found its best to be both…but add monetary pressure to the side its going…if that makes sense

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  33. widespread panik
    widespread panik

    Good work Fly for staying with it. I bought some Yelp on your rec under 18 but sold out too soon. Today was my day to rip profits on my little ARNA. What a monster!! Bought it at 1.85 and made quite a few sells and rebuys on the way up. Bought back in this AM for a quick 30%. Small spec biotech might be the best place in the market right now. Bummer you sold AAPL. That is my “core” and until it rips I am not 75% sold on this tape. My shorts suck right now.

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  34. Anton

    Shouldn’t this post be titled, “Sweep the Knee?”

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  35. Gravestonedoji

    This site oozes Winshippery. It’s halls are paved with the skulls of the Banned.

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  36. TJWP

    Great post, see you at yelp 30

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  37. razorsedge

    they open a new resturaunt in town last week, we went there last night. the ambience was excellent. our waiter was to the task, the aroma was garlic on crack. they served the finest beverage. we red and white checkerboard table cloth, bread sticks for the opener. you can imagin the rest, domino’s is the best…

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  38. J

    I’m not kidding, Italy could pull the trigger this weekend. They are the best placed of the piigs to take an exit. 60% of their sovereign debt is domestically financed. The new currency would take a hit of around 30%. And their budget deficit is actually moving into surplus next year or so. Around 4%.

    They should get the fuck out immediately and not fuck around.

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  39. Trading_Nymph

    Spain up over 7% again and German Unemployment is up, maybe I can finally get a break under 1300.

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  40. Pfffft

    You were crying like a girl 4 weeks ago. Who lets a 20% gain go negative. Now crowing on the bounce, classic.

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  41. JTU

    Sold BIOL @ 2.23 this morning for a 9.8% profit in one week!

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