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
23,443 Blog Posts

IT’S TIME TO BUY MORE NOW

Just because the market is up every single day doesn’t mean it shouldn’t go up even higher. I warned you for well over 1,000 hours now: a new gilded era is upon us. Feel free to walk around in splendour, with your overcoats buttoned up high and scarves folded  in the european fashion. Give yourselves French middle names if you like. When at restaurant, order the hollandaise sauce with any and all dishes, even dessert.

Unfortunately, some of you  haven’t quite grasped the concept of perpetually higher equity prices– and as a result, have been optioned off to live the life of a horrible monster–vagrants of irreconcilable circumstance . To reserve oneself at a time of great excess and decadency is equal to falling asleep in the middle of an orgy.

Do not fall asleep in the middle of an orgy and stop being horrible monsters. Make believe you’re all crack addicts, or maybe even heroin, and buying stocks is the only way to stop the shakes. Call your brokers up, frantically, asking him to “get you the good stuff now” because “you got to have it.” If he questions your sanity, tell him “the frisson of excitement has given you the foresight to take what is rightfully yours.” Then proceed to burp loudly and curse him out as if he were a street prostitute trying to take your money without giving you a proper blow job (absolutely no homosexual).

 

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23 comments

  1. Drewdog12380

    Is VHC included here?

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  2. AJMarcus

    i am sure you meant to say holland daised sauce

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  3. Bullish

    I’ve been talking about perpetually higher equity prices since I came to these great halls of the iBC!

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  4. TraderCaddy

    “Call your brokers up…”
    1970’s style?
    First I have to find a pay phone by the Piggly Wiggly that will take this slightly bent dime.

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    • The Fly

      any gentleman worth his salt has the services of a financial consultant at his disposal.

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    • Zero Dark Kitty

      Get me 50 shares of Sperry-Univac, American Motors, and Wham-O.

      Fly ~ you are the closest thing I have to a financial consultant.

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      • TraderCaddy

        My Dad used to own some heavyweights like Montgomery Wards, EJ Korvette, Bell &Howell, and American Motors (wanted to buy a Pacer).
        I used a nice lady once @ Merrill (1999) who had the title “financial advisor.”
        I transferred a bunch of $$ there because they had a program where they charged three quarters of 1%
        per year and you got free unlimited trades. The manager shut me down after 3 months for too much trading. I said adios, Jack.

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  5. jimmy_two_times

    I presonaly like the “sauce bernaise” accompanoed with a tenderloin rare-medium rare. Just sayin’

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  6. Sir Robert Hooke

    So buy high and sell higher?

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  7. ruggyup

    Today’s post may otherwise be titled, Apple Reprise. Even a Viagra bone cracks and ends one day.

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  8. Blind Read Ant

    An $IBC ingot dropped from the sky. An image of NY Giant player with crane arms raised had

    “$NUGT”

    inscribed thereon its obverse side.

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  9. The Fly

    UNXL is being crushed, as predicted here.

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  10. Short Squeeze

    $DWA Dreamworks, up 13% since I posted it here. 20% float short, ready to rip nuts off, get it.

    http://ibankcoin.com/flyblog/2013/01/18/americas-only-hope-housing/#comment-360028

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  11. real dickish

    coal, man.

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  12. Mark Hornsby

    Sort squeezes may work here and there, but buying a stock based on an outstanding large short interest is surely not a reason to buy. A very good example of that is EXEL. A stock that has had a massive short interest for over a year now and remains near its lows. The pro’s will keep it pinned down despite market rally. I have remained short since $7.72 and have no plans to cover whatsoever. In some cases, it just makes plain sense to STAY SHORT!!!

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  13. Mr. President

    Le Fly, this story should be of utmost importance to you: http://www.nbcmiami.com/news/Rolls-Royce-Crashes-Into-Fort-Lauderdale-Building-After-Shooting-188647811.html

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  14. Cascadian

    How many more times??

    Is CNBC gonna replay Ackman/icahn ????!?!?

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  15. UglyFlint

    Please change the FONT.

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  16. JTU

    The Fly is quiet today.

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