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
21,408 Blog Posts

Bulls Go Medieval on Bears

What a fucking day.

Thanks to my timely buys, “The Fly” was up more than 3% today, partly due to Santa Claus and his fucking elves mud stomping the sellers.

My biggest winners included: CFC, SPF, ACF, GMXR, FTK, BWLD and GLF.

Basically, if you’re short the market, you’re fucked. There is no way to stop this momentum train.

Fuck around and start shorting here; your house will get foreclosed on.

Finally, with my money, at the end of the day, I bought another 20,000 shares of ACF, betting on a squeezy squeeze.

Also, I intend to buy some more MVIS, first thing tomorrow morning.

NOTE: What happened to all those “Dow Theory” retards?

Oh yeah, they’re dead.

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Don’t Bet Against the Government

We have a full rout of the bears taking place, as investors reload, shoot, reload again.

The homies and all credit related names are taking off, thanks to the President’s bail out proposal.

In short, this is a major benefit to the homebuilders, who will likely be viewed as “more stable” and get access to the credit markets, with ease.

All thanks to the Gov’t.

With my money, I have open positions in ACF, CFC, SPF and CORS.

This is a good shoe. Milk it, then move on.

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Position Updates: VMI

I just spoke to my voodoo physician, time machine mechanic and technical analyst. They all concur: “VMI is going higher.”

The weirdest, quirkiest guy, my technical analyst, rambled about a “break out above key resistance” and  “all stocks at 80—gamble up to 120,” so his “work” says.

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Fly Buy: BWLD

I bought 1,000 BWLD @ $28.40.

Disclaimer: If you buy BWLD because of this post, this months natural gas bill we exceed $1,000. And, you may lose money.

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Fly Buys: VMI, RS, MVIS

I bought 500 VMI @ $84.50, 1,000 RS @ $53.15 and 2,000 MVIS @ $ 4.05.

Disclaimer: If you buy any of the above stock because of this post, your oven will explode. And, you may lose money.

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Buying Stocks Because It’s Fun

Naturally, writing a headline like this is somehwhat fucktarded, for the average Joe.

But, the average Joe doesn’t have the “luxury” of a plutonium powered time machine, while Fly does.

See, all of you shit talkers come here pointing at RIMM, declaring: “Ooh, ooh RIMM is down. Did you see it? RIMM is down.”

You’re a fucking homo (no offense to gay guys of course). Quit getting all excited over stupid shit, like the worlds top performing stock trading down for a few sessions.

10 bucks says RIMM cuts your balls off by Christmas.

See, you’re a pussy, unwilling to take that bet, afraid of being “de-balled.”

Look you, I have important shit to attend to. There is no recession in “The Fly’s” house. No way, ask Mrs Fly.

Whether the economy sucks or has luck, the “household of Fly” constantly has the fountains of champagne overflowing, while its inhabitants eat from golden plates.

True story.

Regarding the market:

Santa Claus is going to drop atom bombs on these bears. If you’re still short, grab some longs “just in case.”

Trust me, I’m smarter than you, with an IQ of 155 to prove it.

Finally, with my cash reserves, I will buy RS, VMI and MVIS, because it is fun. Plus, it will make me money.

And, this ACF looks rather cheap, considering where it was—just a few short days ago.

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