The iBankCoin Great Murder Mystery of 2013

One of you little trollops have been very, very busy indeud. As a matter of fact, one of you little scoundrels are in fact a MURDERER. I do not mean to make light of a horrible situation. However, your presence in these halls has attracted unwanted attention by the media, pointing out your hideous crimes.

I dare say, you should ask for protective custody, for the wrath of The Fly doesn’t know boundaries. I will hunt you down, like the dog that you are, and kick you off a skyscraper.

Who is this man?

The teen was reported missing the following day, but it was not until more than a year later that a hunter came across Hart’s remains, the Philadelphia Inquirer reported.

The cause of death had never been determined because officials said Hart’s remains had been decomposed.

Goff, who was 18 years old at the time of the murder, faces a weapons charge in addition to homicide.

At his initial court appearance Tuesday, Goff wanted to plead guilty but Judge Michael Donio prevented him from doing so without a lawyer present.

‘I did the crime and I’m prepared to do the time,’ said Goff, who wept during the hearing.

The 41-year-old is being held at Atlantic County justice Facility on $1million cash bail.

For the past several years, Goff has been very active online, blogging and tweeting about the stock market, economics and politics.

In a rambling profile on the site iBankCoin, the 41-year-old man has described himself as a ‘self educated genius’ and a ‘modern day Renaissance Man’ with a Master’s Degree from the school of hard knocks and a PhD from Google University.

Goff apparently has been dabbling in stock trading but was hoping to become a hedge fund manager. Speaking of his employment history, the New Jersey man wrote that he had tried his hand at half a dozen trades, including master electrician, baker, cook, teacher and semi-professional poker player.

But according to his online biography, Goff had a dark criminal past that included a five-year prison sentence on drug charges which he received when he was 18 years old – around the time of Hart’s slaying.

Speaking about his past bad decisions, the 41-year-old wrote that he was a ‘master safe cracker thief, liar, professional slot machine cheat,’ a bad father, bad brother and bad son who had been stabbed and shot at.

On another blog site, Goff lamented that his being a convicted felon has kept him from realizing his ‘BIG IDEAS for this world and our species on this planet.’

‘I am now hindered from ever sitting for a LAW BAR exam or a series 7 brokers [sic] exam. Or from ever becoming a teacher,’ he wrote.

‘I am MOST pissed that I can never be called upon to defend my nation in service if need be. They will never let me ever touch a firearm ever again.’

Following his arrest Monday, a friend posted on Goff’s Facebook page that she had seen him and he wanted to let everyone know that he is doing fine.

Another friend expressed hope that ‘this is the last of the skeletons’ in his closet. 

Find this man. Feel free to kill him if you like.

Source

UPDATE: Gap n Yap solved the mystery! Apparently, this fine gent was a denizen in the blogger network. Perhaps I need to keep a closer eye on the ongoings over there. Apparently, some of you are murderers, thieves and perhaps rapists.

Several weeks ago I besmirched The Devil for plaguing me with a stock named CALL. I booked a 20% loss just one week after he “gifted” it to me.

Lo and behold, I marked the bottom in the downturn. The company reported stellar numbers and is ripping higher. In this instance, I was the weak hand that got flushed and he banked coin. It happens to the best of us.

It’s also worth noting, his intra-day call to buy UNXL in The PPT appears to be paying instant dividends, with the stock up 10% on invisible news.

I hope The Devil accepts my apologies, as I repeat them 10,000 times.

NOTE: His latest pick, aside from UNXL, is CiMT.

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.

Looking for a shipping reversal. I added to my FRO.

I sold short PBR. Starter position.

With CAT breaking down and housing related stocks taking a breather, I am exploring a short sale in TEX.

My other idea is PBR. I don’t like oil here and hate Brasil. The hardest part shorting oil stocks is to find one that cannot be bought out. They are strategically important assets. PBR will not be acquired and they suck wind, just like their host nation.

As of right now, I don’t have a position in either name.

Anyone who’s been reading me for more than two years knows that I was first to be bullish on the refiners, before all of the fancy men with bowed and floral ties rated them to be “buys” on the teevee box. I was long the WNR when it was a limp adolescent, fixed in a price range of $11 to $17.

Now that the WNR has grown, paid off debts, and become a mature investment, plebs recommend it still. However, hidden in plain view is a significant deterioration of profit margins for the refiners.

321 crack spreads are down from mid 30’s to mid 20’s.

And the spread between WTI and Brent crude is down from 25 to 14.

Ignore these trends at your own peril. The primary reason to be long any mid continent refiner is the WTI-Brent crude spread. Without delving into details, it’s their license to steal from you.

There’s also a reason why refiners, like the metals, are traditionally clad with low PE multiples. They are a classic boom to bust back to boom cycle sector. There isn’t any long term profitability worth banking on in the refinery sector. Once margins turn lower, they tend to exaggerate and crush the equities of the underlying businesses.

The primary impediment to shorting these stocks now are their strategic importance. The big oil and gas companies will not buy them. They’ve been selling their refinery businesses for years. But these bozos will most likely merge with one another, just before the industry blows up. So if you’re short the sector, don’t be surprised of a monday morning rape, with your short +35% on a buyout offer.

Nonetheless, I think the sector should be avoided.

Here are the richest valued refiners, ranked by FPEs.

ALJ
CLMT
CVI
DK
PSX
WNR
TSO
HFC
MPC
VLO

Gold and silver are lower again, compressing the shareholders of miners down to little coins. There isn’t any reason to own a silver miner at a time of little to zero inflation. Pray tell me, where is the inflation? Commodity prices are decidedly lower over the past 6 months. All of the people who bought gold and silver also put money on Intrade, betting that Mitt Romney would get elected.

Speaking of which, do you really think Bitcoin is going to be permitted to just float around as an alternative currency? While you nerds out there keep busy solving mathematical equations, “mining for bitcoins”, the government is planning to shut you down. Like Intrade, Bitcoins will be deemed a regulatory risk. There are AML laws in place, my fellow tulip buyers.

Bitcoin is at $107 this morning, up 300% over the past month. Soon enough, they’ll be worth the same as a Chuck-e-Cheese coin.

Top picks: short Bitcoin, short AG

I’d like to welcome Kong to the iBC family, coming aboard from Forex Kong, who intends to share with you his many virtues and forex market hand–much to the chagrin of the dozens of moribund currency hacks littering the blogosphere today.

We’ve come to a mutual understanding and I look forward to learning a thing or two from his new iBC tab.

The market is in the midst of a correction. Q1 is over and everyone is running for the exits. You don’t see it yet in the Dow; but it will surface soon. Look at former hedge fund hotels, like AAPL and all metals–getting their clocks cleaned cold.

High fliers like CREE are decidedly lower and MDB sponsored scam stocks have reversed lower, killing investors along the way (UNXL, PAMT).

Now is not the time for froth mouthed boat stock investing. Now is the time for discretion. While it’s true, I own close to a million shares of FRO, it’s also true that I have 65% of my assets locked in cash. Plus, I have more than 15% of my book short, leaving me with very little equity exposure. Some of the stocks left in the books are of the old man varietal, like KMB, CHD, WM and PEP.

Ignore the casinos like VHC and hunker down, small plebs., for the month of April brings surprises in the form of Jack in the Box styled punches to the face.

At least you are keen to the plot, all thanks to me.