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
23,419 Blog Posts

THE BLACK FLAG AWAITS ME

In war, the Black Flag represents no mercy, barbarism, pure and absolute war. Learned men believe this form of war is necessary to prevent others from prolonging it (Extra Sherman). They believe the more brutal the affair, the quicker the path to peace. I’ve always viewed these opinions in a comical manner. It’s like me punching your neck out and saying “now that you’re crippled, we can be friends.”

After the bell, several of my holdings reported earnings, all of which were abysmal. Bear in mind, these are small positions, none taking up more than 4% of my holdings. Nevertheless, the insidious nature of their after-hours declines will most assuredly start my day off tomorrow, swimming in a sea of red blood.

YELP, VDSI and TWTR should all burn in hell. There is nothing to be said about them, other than the truthful fact that they are losers. Losers should never be supported, or praised (extra Trump). I will have no choice but to hold YELP and TWTR, mainly since they are designated for long term investing. But VDSI will likely swing from the gibbet and beaten to death with my cat o’ nine tails tomorrow. I fucking hate it and everything it represents.

I’ve had good fortune as of late. But I feel the tide turning against me, the darkness lurks in the foreground–approaching me in a rapish way.

“The Fly” needs to move from the danger and regroup, otherwise he break fucking faces and collar’d bones from here until the cows come home.

Should I make money tomorrow, I will consider it to be divine intervention and will donate $1,000 to one of you assholes who are reading this tonight.

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44 comments

  1. the profit

    I will use voodoo magic to guarantee you win tomorrow. Yellen will be compelled to start QE4

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  2. tisker

    Beware the men who work in pajamas (we futures traders.) May you rid yourself of the urinal dark shadows and move onto new avaricious all time highs… as god and country intended you too.

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  3. ggarbacz

    I would give VDSI some time in the morning. Earnings and revenues were fine. Let’s see how it bounces back. I sold my VDSI which was a 1% position and switch into some Aug Calls with a .05% position. Here is the rub Le Fly. The short sellers so far since they built a heavy position were down -9.5% and now they are back to even. On average, when they get squeezed in this stock they lose 26.1% and the longs make that much. 5X hevy shorts and they had their balls ripped out 3X. Alas the shorts did make on average 31.5% the 2X they got it right. Let’s see if the shorts cover and push it higher.

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  4. matt_bear

    Good day sir.

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  5. sethster99

    No worries Fly, all you need to do is buy some $BWLD. They missed eps by 10%, missed revs, guided lower and still went up 10% AH.

    Apparently fundamentals don’t matter anymore, all that matters is short interest.

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  6. iommi

    i just wanted to put my name here so you add me to the shortlist of candidates for receiving your $1000 donation…since I`m long the damn $TWTR too and I sincerely believe this piece of crap will bounce tomorrow!

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    • it is showtime

      TWTR: done. peaked

      I’ve said, almost exactly 100 times, people only have so much time. Eventually they realize they cant keep up with all their followings, much less add, more. Have fun twtr you’ve peaked

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  7. momono

    Adding my name too as I do believe Fly has a chance to be positive tomorrow with his diverse holdings despite the few pinless hand grenades he was caught juggling. If GILD doesn’t get faded maybe this kicks off another biotech run, plus SLCA beat too.

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  8. ahadbi

    Joining the rank of the scums commenting to get a hold on the money you worked hard to win. The 1000$ would cover my loss on TWTR.

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  9. inception

    Heroes don’t get captured.

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  10. aj

    I’m one of the assholes reading this tonight 🙂

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  11. one-eighty

    If you make money, consider these guys.
    http://www.salvationarmy.ca/
    They help people nobody even wants to talk to.

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  12. pyromonoxide

    TWTR, damn you in my holdings. I chill on the corner with my tin cup, decimated by impatient trading and China, hoping to catch a few benjamins scattered by the Fly.

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  13. fluxcapacitor

    In for the donation. I could use a little dough!

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  14. sarjoy

    The lucky idiot could purchase 200 shares of the TWTR with the 1,000$

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  15. uglyflint

    In for the Fly lotto.

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  16. blahblahblah

    one thousanded dollars? i’ll pass. make it a hundred grand. TWTR under 30 seems reasonable.

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  17. duckkell

    would like to grab hold of the thousand dollars..pay it forward and donate some to my local baseball team traveling to Niagara(ed)Falls for a tournament this week – perhaps enough to by a cooler full of gatorade as it will be super hot for the boys this weekend – maybe more – perhaps some pizza’d pies?

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  18. MBull

    It’s not yet clear to me why VDSI fell like that

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  19. reasonableguy

    These are the kinds of stocks that can turn on a dime, so if you have not lost long-term faith, why not hang on? Even the four horsemen recovered somewhat from their depths.

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  20. zuulzuul

    I don’t want your $1000, I’d rather have another year of your beautiful prose [extra homo].

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  21. UncleBuccs

    Dr. Fly – send the 1k to me, and I will spend the entire amount on a celebratory pipe, and then send it to you (unsmoked).

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  22. traderconfessions
    traderconfessions

    I followed you into VDSI based on yesterday’s strength and somehow forgot to check their earnings date. I never hold thru earnings. Since I can’t blame you 100% for my misfortune (hopefully temporary) I will accept a maximum of $500.

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  23. og

    TWTR fucked me twice this year. Lovely.

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  24. linmoo

    If you grant me 1k, I will immediately put it into Chinese Burrito calls (extra @OA)

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  25. TaoOfPatrick

    Dude! When you in the land of the Rebels you never got my Pecan Log Roll..extra Stuckey’s.

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  26. the dude

    VDSI, what a fucking disaster. Fortunately have a very small position.

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  27. Shoot5Hole

    sucks VDSI reported good numbers too

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  28. thomasjefferson
    thomasjefferson

    The only sound use of $1,000 found is to invest in an Exodus subscription and turn it into many thousands more. Then find a promising young lad or lass with an enterprising spirit and pay it forward by gifting them access to the hallowd halls.

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  29. traderconfessions
    traderconfessions

    CNBC darling Leon Cooperman’s hedge fund #1 position is DATA… Yet more evidence that nobody knows shit.

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  30. Steve

    Die $GRUB, DIE!!

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  31. chudly

    TWTR has been terrible lately… holding long term

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  32. stocksfiend

    thomas jefferson is right! im a young lad just starting out in this crazy world called “the market” , though i would love a stack of cash , id rather have entrance to the league of Gents!

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  33. Steve

    YELP calls here

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  34. rigged game

    TWTR has been a piece of shit, is now a piece of shit, and will ALWAYS be a piece of shit.

    A business model that depends on unwanted advertising mixed
    with incomprehensible 140-character messaging (that says nothing and means nothing) is destined to fail.

    How would YOU like to be limited to 140 characters, Fly?

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  35. duckkell

    When can I get that G?? little short this week

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  36. ffunluving

    Instead of $1,000 I prefer a year of free membership in Exodus and 12631. So pick me….

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  37. Mav

    TWTR isnt experiencing growth because the average joe is undemanding. Their mental depth is reminiscent of a childs pool and outfits(extra OOD) instagramed by a kardashian generate more interest than 140 characters. I fear TWTR MAU’s will continue disappoint until the consumers tech IQ evolves past picture books.

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  38. nationalchrome

    I’m with ffunluving. But I’ll take a stack, if you insist.

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