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
23,473 Blog Posts

We’re Banking Coin Again and Again

AG is a 11% short position of mine, now up nearly 10% from cost.

I’ve been short CCL from high $37’s and JCP from high $16’s.

I am long GNK, FRO, HIG and a pastiche of old man stocks up 10-20%.

I just sold short PBR and I sold VHC north of $35.

This is money management, finance, demonstrated–transparently– on its highest level. Year to date gains stand at 23% and my cash position is 60%, awaiting the decline to come.

Until then, “The Fly” will be biding his time, tossing n00bs and pikers into lit fireplaces, dusting their ashes off of his robe, while smoking from a pipe (no crack) and drinking from a diamond encrusted chalice–filled with the blood of his enemies (no vampire).

Off to ship my sister back to NY.

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10 comments

  1. Zenhunter

    Fantastic calls on all your shorts! Congrat!

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  2. RaginCajun

    Excellent short silver call.

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  3. Vertigo

    “awaiting the decline” – the market does feel very tired

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  4. The Eye-Talian Stallion
    The Eye-Talian Stallion

    AAPL is a fat man about to let go of a gigantic turd…

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  5. echeshier

    Check out CALL after hours, they finally reported earnings.

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    • treepart

      Yea MagicJack ripping higher. Big Short position here. Momma’s got a squeeze box.

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  6. zzzdoc

    When do you think commodities (aluminum, copper, coal) will get a bounce? Or we are never gonna build anything ever again?.
    Thanks in advance

    zzz

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  7. The Fly

    Devil was right

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  8. KingSchultz

    First time poster, luv theFly pro homo

    What do you think about XL insurance? Mike McGavick is a fucking pimp str8 killing it. Listen to the CC’s.

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