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
23,376 Blog Posts

Adam Endorses DPeezy

DPeezy picks up his second endorsement in a row as Adam, the newest kid on the block at iBC, sides with his fellow options guy on a “hunch.”

News analysis: Adam, while new at iBC is definitely not “virgin new” or anything since he’s been running his own highly respected blog for some time now. This endorsement could pack some punch as word on the Internets is that the Adam’s Options tab is quickly gaining in popularity. However, graybeards wonder if DPeezy hasn’t bounced a bit too quickly in the polls as a result of his earlier endorsement. Is DPeezy overbought at these levels? Time will tell…

Green Writer is experiencing a little lift as well… perhaps because he is being vigorously supported by the VO. Meanwhile, hattery has seemingly dropped out of the race, following BEAS down the long, lonely road of Internet anonymity.

More coming shortly…

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Gunners Endorses DPeezy

This just in, straight from the Gunners Memorial Library for Advanced Egregious Studies…

I Gunners, the former holder of the former ducati blog at iBankcoin.com, hereby endorse Dpeezy in his bid to be elected as the next iBankCoin tabbed blogger. The reasons are clear:

1. He’s an options trader.
2. He’s a gangsta.

If I didn’t vote for him, he said that he would strangle me, while straddling my wife or girlfriend. And he threatened to cover my call while naked, or something like that.

Lame puns aside, DPeezy is smarter than most. He has techniques, he trades based on a strategy. Unlike some of you bloggers that puke out stock picks, giving you very little chance of getting on a hot streak, DPeezy will be able to post about his strategy. Having a strategy will give a loyal reader the ability to track trades, pick out a hot streak, and bank coin. His current blog, while third tier, has continued the tradition of orange. The same orange that you have been missing in your daily iBankCoin visiting life.

So do yourself a favor, vote for DPeezy.

News analysis: Gunners, while his tenure at iBC was short-lived, did a wonderful job at patching up any “bad vibe” left behind by Ducati at his tab and grew to be much loved, as evidenced by the astounding 164 karma points handed out on his Farewell post.

In other words, he has a loyal following, and this endorsement should bring Dpeezy up a few notches in the race. Look for this race to tighten as more endorsements roll in through the night…

IMPORTANT ELECTION NIGHT NOTICE: I imagine a few of you may be waiting anxiously for “The Fly’s” endorsement. Just so no one misses it, I have decided to post his endorsement (which may surprise a few) at 10:30pm.

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A Brief Introduction

Most of you know me here, so I won’t make this too long.

I was hired by “the Fly” to help moderate this Godforsaken election. As you know, “the Fly” is quite taken with me and the wondrous ramblings of my third-tier blog.

Whatever you may think about my blog, know this, iBC is my favorite website to visit and I want to see the best tabber win this evening. I like this place and the bloggers here, and I want to see them prosper.

Here’s what you can expect from now until midnight… endorsements by each of the currently tabbed bloggers at iBC. After Gunner’s imminent endorsement, I will be posting the endorsements in reverse chronological order from the date of tab inception… so, Adam, Danny, Woodshedder and then “the Fly.” In other words, expect this race to develop and change throughout the evening.

(NOTE: Ragin has gone and posted his endorsement already on his blog, going “over my head” if you will. Accordingly, I bless Ragin with curses and pray for the destruction of New Orleans this hurricane season.)

I will also post two “getting to know” the candidate pieces, one featuring DPeezy and one featuring Leonard, and interviews with some of the more prolific commenters around here, namely Jake Gint and Tradercaddy, including their endorsements.
Much later in the evening, after I have drank enough cheap beer, a special “celebrity” endorsement will grace this page.

Finally, if time (and sanity) allows, I have more shit planned. So, stay tuned, and check in often, as the content will be thicker than Ducati’s head.

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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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