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
22,663 Blog Posts

BREAKING NEWS: Dpeezy is No Gentleman

This just in, via the “Elect BEAS campaign:

[youtube:http://www.youtube.com/watch?v=Y3GXCIehBHM 450 300]

NOTE: We will be consolidating all iBC videos to our youtube page. I demand you subscribe to iBC’s youtube page at once, and give the videos many, many stars.

UPDATE: I will be signing off, making room for our election moderator, Dinosaur Trader.

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Take Your Gains

Fuck horses. Don’t ever ask me any questions about them.

While stupid bitches on CNBC espouse exuberant bullish behavior, “The Fly” chuckles, not laughs, at them.

I’m joining the party on some retard names, particularly [[RACK]].

In addition, I am buying [[NOV]], like a Texan at a gun store.

Sometime this summer, the market will collapse, in record fashion. All of the lemmings are bidding up [[CLF]], [[X]], [[BIDU]], [[GWR]], amongst other “insane stocks,” as if they had no brains.

I understand the premise behind going long [[C]], [[BAC]] and [[WB]]. But, buying the “global growth story” after 100% moves is asking for trouble.

Case in point: [[CMI]].

Understanding the market is operated by a bunch of coked out malcontents will help you make better investment decisions.

For example: good news is great and bad news is better.

Case in point: [[FNM]].

At the end of the day, the market is just a myriad of emotions, clashing into one another. Don’t get too mad or too gleeful. All you need to know is the refiners will trade down to zero, as oil melts up to $400.

The refiners are the new airlines.

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Fly Buys: RACK, NTAP

I bought 20,000 shares of [[RACK]] @ $11.85 and 4,000 [[NTAP]] @ $25.65.

Disclaimer: If you buy RACK or NTAP because of this post, ROBOT FLY will take over this blog. And, you may lose money.

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Fly Buy: NOV

I bought 2,000 [[NOV]] @ $68.87.

Disclaimer: If you buy NOV because of this post, coal will replace gasoline in cars. And, you may lose money.

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Here’s My ‘Theme’

Every morning, short [[LEH]]. Then, I look around the casino, pick up a few loose chips and go home.

So sorry fuckers, but if you want “The Fly” to stick with a specific theme, after such a monster run, you’ve come to the wrong blog.

After all, this site is not about you; it’s all about “The Fly” and his glorious rants. Fuck around, I may never discuss stocks again. I may turn this blog into some sort of activist website, to promote the use of plutonium in our weapons—which is a whole new topic.

“The Fly” is all about complete war, from the comfort of his couch.

I nabbed some [[FMCN]] cheap. Now, I will sell the entire position. The net result: I bagged 7 points in a week— 1 per day if you will.

Right here, right now, I am buying back the [[SKF]], which was sold this morning. And, I am throwing a “big dicked” short position on the retards from LEH.

It’s still early, but the the market has an underlying weakness to it. [[SHLD]] is having its cock chopped off, while [[YHOO]] melts up.

A fascinating paradigm.

Top pick: short LEH

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Bulls Stomp Bears

Without a doubt, BEAS is hacking the vote and will be dealt with accordingly. It is too coincidental that his vote count stays at 31%. As far as I’m concerned, Alpha is in the lead.

After [[FNM]] posted a bowser of a number, the market looked set for a pullback. However, after a few lines of Columbian cocaine, the market reversed and the bulls were back to mud-stomping the bears.

Early this morning, I pared down my [[SKF]] trading position and bought some more [[FMCN]] and [[NVDA]].

We live in bazaaro land. Enjoy.

Oil is out of control to the upside. With my money, I like [[RIG]].

Also, I added a new name today, [[BAP]].

BAP is a financial institution in Peru. Basically, it is a play on the burgeoning cocaine trade.

Finally, I must say, the refiners are dead. Fuck them and the stupid horses they rode in on.

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5 New Rules

I just unbanned everyone, so let’s start again.

Here are iBC’s new communist rules:

1. Do not annoy “The Fly.” You may critique him or even bad mouth him, but do not annoy. I realize there is a thin line between hating and outright spam. It’s your job to walk that line, not mine.

2. Quit with the soft porn. This isn’t a fucking degenerate website. Show some fucking class, losers.

3. I want more ideas, less rabble. I want an end to the 10,000 word essays, at once. Let’s get back to making money.

4. Stop giving Woodshedder negative karma. It hurts his feelings and makes him cry.

5. Never question the legitimacy of “The Fly.” Should any of you morons say: “Hey (burp), that ain’t Fly. Where’s Fly? I want me some Fly.” For that, I will fucking ban you.

Do you hear me, you fucking faggots?
NOTE: As soon as “lazy man Jeremy” get to his laptop, “the elections” will commence.

UPDATE: I do not know where this came from, but it has my website on it. You know what to do. I better see iBC on top by morning.

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