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

The Truth Hurts: This Market Sucks

I keep waiting and waiting for this fucking market to allow me the opportunity to dance on the graves of my enemies, urinate down on my foes from atop mountain; instead, all I get is this back and forth horseshit, with one clown car blowing up after the next.

It’s never cool for entire asset classes to disintegrate. The oil and gas implosion happened and I made very little noise about it–because my exposure was limited. Now the biotech sector is under seige; and again, I am laughing at it because I am not the one on the chopping block.

When the social media sector blew up for the first time, I was horrified by the outcome.

I know we’re all experts out there, sagely walking through this minefield of financial fuckery. I wouldn’t blame or cast aspersions upon any of you for having a rough go at it these last few years. This is a market to break gurus in half, shit them out, and flush them into the mouths of alligators. That was very disgusting. I know it. But that’s how I feel with this tape: utterly disgusted.

My bear blogger Bluestar is posting large picture of vermin, which is fitting. For the day, I’ll probably make some money; and in the past, I might’ve made fun of you for losing coin.

Not today. “The Fly” is turning over a new leaf with his readers, one with unparalleled understanding and comradery. For the time being, we’re all in the same boat, trying to figure out how to survive. Consider this a detente, a temporary ceasing of hostilities for the benefit of all.

Top picks: BIDU, SLCA, SHAK

NOTE: Fred’s ETSY is at a new 52 week low.

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

14 comments

  1. UncleBuccs

    I still believe I’d have a caned-sword poking through my neck if I were within stabbing distance…

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

    Time to get long. Whenever Fly gets nice we’re very close to him shitting down the necks of his enemies after decollating them with a slice of hot pizza.

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

    Yup.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. jacked rabbit

    The over/under on the number of posts that marks the return of hostilities and the dick guillotine is one.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. grandmaster

    Yes, it’s humbling…MCD is up 13% YTD, meanwhile SPY -.5% (greedy SHAK – 7.17%)

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

    The Fly must go on a night time drive.

    Clear the air and start insulting mother f’er’s left and right.

    This is not about kindness but just straight dope dog.

    Let’s get an iron condor or some shit rollin’ Yo

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

    Home depot. That’s where I go to get hurricane supplies.

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

    $ETSY ipo was a VC exit strategy .. no value there .. won’t even be trading some day

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. zuul4

    I want to buy oil here but I cannot because I am not allowed to trade as a free man.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. Marc David

    Move your stores to Amazon Handmade ASAP. $ETSY will be pink slipped and shutdown by 2017.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. it is showtime

    Up 2%. no V (olume) who the hell is moving this

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. vandamme

    kind of think AMZN is the only thing worth being long

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. zheeeem

    I can urinate on my toes, too!

    Oh… Wait a second.

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