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
21,077 Blog Posts

The Market Will Break Soon

Whenever the slothful plebs run amok in the market they soon run aground. The drift-less nature of the market portends a doom just around the bend. If you’re curious what it is to be very young and rich and then lose it all in a market run aground, buy my two short books about House Fly during the aughts.

I was out most of the day helping Fly Jr find an apartment in Raleigh. I am done with that — but will soon play host to my mother for a month. Aside from that, we are trying to get Stocklabs released to the public by tomorrow. If you’re wondering how much better SL is than Exodus — try thinking about walking up 100 flights of stairs vs an express elevator. I hate to shit on Exodus because I’ll always love her — but Stocklabs is the truth and my life’s work, up until this point.

I closed out the session +130bps with a very high cash level. These meme stocks are in the process of ruining the market again, so be prepared for broken elevator pin action very very soon.

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4 comments

  1. cancel19

    One thing I really like about your post is that you express your love for Exodus. I built a prototype machine around my patented process for dyeing polyester film (Mylar). It didn’t work properly but was enough for proof of concept that got me angel investors. I had to destroy her to pay bills and proceed to build the next one which I named Valkyrie. I called her Val for short and it was a bitch from hell that with modifications through trial and error I was able to perfect the process with many trade secrets along the way. She got me profitable so much that I became the second source of high quality dyed polyester in the world. I grew to the point of commissioning a new machine for our new line with the latest converting technology. Her name was Freia. My company grew by leaps and bounds to the point of needing a third manufacturing line. By this time my old partner got into some health issues and my wife tired out, so we sold in November of 2007 to my largest competitor! To this day I will always love Val cuz she got me here. Boy do I miss her even though my competitor destroyed her.

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    • soupbone

      Hence ‘dyestuffs’. Chemical engineer was my trade. Cheers.

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  2. emersonlakepalmer
    emersonlakepalmer

    I always take the stairs

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  3. purdy

    Added to PMs but shorted Naz yesterday. What a moron.

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