iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

iBankCoinstar

In case you missed it, a few nights ago I wrote a post devoted entirely to the emerging long setup in $CSTR. Today, the stock impressively bounced off of the 200 day moving average, and also filled the gap dating back to last April. About an hour ago, I bought a 1/2 starter (noted in The PPT). I just added 1/4 more, as the Redbox parent company looks ready to, at the very least, attack the upper end of its multi-month falling channel.

My original buy was at $40.06, and I just added ad $40.84 (again, timestamped in The PPT). I see that the stock is exploding as we speak, so keep that in mind if you are trying to swing trade it.

I also sold out of my $BTU position, as I did not like the candles the stock has been printing over the past few days.

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TOTAL PORTFOLIO:

EQUITIES: 44%

  • LONG: 44% ($ATPG $CSTR $HMIN $NANO $TIEĀ $VMW)

CASH: 56%

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13 comments

  1. RC

    you nailed it. I almost bought some, wish I would have.

    Well done.

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  2. TurdinthePunchBowl
    TurdinthePunchBowl

    turd shorts now 42.15

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  3. Gtotoy

    Baa!!!! You the man brother!

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  4. chessnwine

    thnx turd

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  5. HawaiiFive0

    I’ll try to get it if it comes back a little more. I suppose you know blockbusters just declared bankruptcy!

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  6. flyaway18

    Yep, I looked at it last night because of you but didn’t buy.
    There will be other days but good call and glad you and others afre making coin today.

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