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
23,431 Blog Posts

Putting the Crack Pipe Down

Okay, I need to go buy a new fireplace, travertine and a little cultured stone. I’ve done plenty of damage to my “wait and see” mentality today, through aggressive buys. I still have a decent cash position and HDGE hedge; but I’ve squandered my neutrality because I am a fucking addict.

Naturally, before I put the pipe down, I will take one or two more tokes, buying some more LOGM. But then I am done for good, or for the day.

Truth be told, I can’t help myself.

I bought a little NAK, just in case Romney gets elected and shuts down the EPA. If you are unfamiliar with the story, go read about it. They have rights to mine in one of the largest copper/gold mines in the world; but the EPA is cock blocking them. Should Romney reign in the pigs over at the EPA, we will all get to enjoy black water and much higher stock prices in NAK.

My top five positions are MCK, VHC, NFLX, LOGM and HDGE.

http://youtu.be/qnOmOsQkyKE

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

20 comments

  1. acehood

    Kudos to Mrs. Fly for $SBH

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

      She likes WSM now.

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

        You should run a small book just for her plays and watch it beat the market more often that not

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • The forty seven point five
          The forty seven point five

          That’s going to be the next premium service. Cooking advice by Mrs. Fly plus an occasional stock pick.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  2. flyaway18

    Instead of smoking crack, nibble on some cocoa (NIB) and keep an eye on JO.

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

      JO – looks good

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

      Agree with both of those flyaway18… Looks like a real good place to try and play a bottom in both. Bail if the commodity breaks their 52 week lows, Seems like a good risk reward trade.

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

    Think I saw someone toking on a crack pipe on an old Law & Order ….
    Might take a toke on Pilgrims Pride.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. rru2s

    $LYSCF: ASX news release: Rare earth processing plant (LAMP) 100% complete with Phase I construxn & commissioning:

    http://bit.ly/QPwkNL

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. W.K.L.

    I’m still nibbling on the kale. It’s a bitter leaf, but at least you can trust its consistent flavor and its non-addictive qualities. Nothing worse in this world than being controlled and manipulated by addictions to substances real or metaphysical.

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

      Not true. I’m addicted to IBC and I couldn’t be happier

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • L.K.W.

        ..some addictions increase satisfaction in life, some don’t.

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

        Naturally, before I put the pipe down, I will take one or two more tokes, buying some more LOGM. But then I am done for good …” Through the years, I’ve learned to trust statements like these.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
    • raul3

      I eat more kale than a herd of rabbits.

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

    $PLCM is another assfucker

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

      Are you playing lawyer with $LOGM

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

        Should LogMeln lose the case, JPMorgan estimates a $14M after-tax penalty, implying a share price of about $17. :theflyonthewall.com

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

    Listening to RNC.
    Romney and priebus?
    Romulus and Remus…
    Coincidence?

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

    The so called Gentlemen didn’t even pass the pipe…. F U I’ll go see my Uncle Ben he’s let me hit it twice before!

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

    Longest addiction I had my whole life. 47.5 seems like a good time to try and kick the habit for me.

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