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
23,471 Blog Posts

Today’s Task

The most common mistake amongst independent investors is their laziness to find new names to invest in. So many of you suckas are fixed on a dozen stocks. You believe, with whimsically childish stupidity, that you are to become “experts” on said stocks and can trade them forever. In the meantime, our friendly bankers are spitting out IPOs faster than a whore can pull a trick in the South of Bronx.

Do yourself a favour and study the market. Expand your horizon until you know every single stock that is publicly traded. That’s right, suckas, you should have a round about knowledge of every single stock that trades.

Moving on, FSLR is in the “fag box.” What a terrific miss. I’d stay away from that bastard of a company for at least a few weeks.

Biotech is where the hot money is now. As I mentioned in the previous post, start preparing for ASCO, which entails buying cancer related biotechs ahead of the May conference. Now is a good time to begin building positions. I intend to buy 3-5 biotech stocks and then, summarily, blow them out into the fervor created by the shoe cobblers at CNBC– assisting me with their circle jerking sponsorship of ASCO.

Happy hunting.

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27 comments

  1. gatorsun

    GNVC jeff k. buy…winner

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  2. the pirate

    I believe a ‘whore in East NY’ is faster. Arrrr.

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  3. halfbloodpope

    INFI is the poor mans PCYC. re:ASCO

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  4. sk

    If I threw a quote out there randomly, could you give a quick company description? That’d be impressive.

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    • The Fly

      I have a general knowledge of just about every stock that trades. However, I do not partake in parlor games with readers. Feel free to play amongst yourselves.

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      • sk

        Yeah wasn’t going to actually do it. How about a quick game of Tiddlywinks, whilst smoking pipes and donning only the finest Asian sweatshop assembled monocles?

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  5. chessNwine

    Big fan of the front page pic.

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  6. tradercaddy

    “fag box”
    Expect a fine to be levied by the Media Bloggers Association and the NFL (National Football League).
    Also an IRS audit.

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  7. Phileo99

    ITMN puts the whatsApp lottery into perspective, no?

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    • Phileo99

      some IBC stock of the year biotech lottery picks looking good for ASCO: TNXP, CGIX, ECYT

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  8. stones

    Sir Fly you obviously have a superior memory. I will have to make do with an IBD ticker index.

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  9. bood

    Lol @ shorts
    getting hammered in merciless ways at the open

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    • bood

      yellen algos’ are likely well aware of 1929 carbon papered short algos

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    • bood

      sure thing there was an infliction point around here – technically . will eventually be ruled out to avert a big pull

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  10. smm

    $ARDM pennies turn to dollars in 2014. Slam dunk! Remember smm said it first!

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  11. amigoya

    In Biotech space, I have put my bets on OPXA. FDA Fasttrack-status for MS-Drug. well funded and highly undervalued.

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  12. Raul3

    never one to trade biotechs, but using the PPT, honed in on 6 I would be willing to trade should they act right

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    • matt_bear

      biotech stocks are the gas station scratch-offs for the white collar distinguished.

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  13. tradercaddy

    I bought NBIX about 8-9 years ago and lost my you know what right after I bought it for a trade.
    An FDA report came out and me and it got creamed.
    I swore at that time that I will never buy a biotech again and I haven’t.

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  14. Mr. Partridge

    PRAN hat tip boss… you made me follow this stock.. without you I would not do it…

    Big thank you good Dr.

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  15. ripper

    looks like some OA people got fag boxed.

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    • Jolly

      Sure about that? I’m up over 5% today with a lot of OA picks.

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      • ripper

        in FSLR I mean

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        • Jolly

          Luckily for myself, the last of my FSLR options expired last week. Luckily FSLR is having minimum effect on the other solars.

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        • Option Addict

          I am up $14 in that name, fuckface.

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        • yoshii11

          Let’s keep it real…all sorts of people who held long positions through FSLR earnings lost some money…I wouldn’t limit that to people of any particular ibankcoin service. Those losses extend beyond the confines of ibankcoiners who played earnings. I’m not sure why you singled out “OA people” and did not include “PPT people” or “12631 people” …or for that matter, why any “fill in the blank people”. – and no, I didn’t play FSLR earnings…I just thought this looked like a swipe at OA, and thought I’d clarify that for the easily misled reader. I don’t think you meant anything negative, but thought it was worth a response. I’d just leave it plain and simple as those who played long positions in FSLR lost a battle. best wishes.

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