Senor Tropicana, in between errands, sold some more Ciena Corporation [[CIEN]] and a few other items, in order to raise his cash position. The market looks great and people are doing lines of blow off the bronze statue down on Wall Street. Hence, I want to be a net seller here, especially when Jim Cramer is fondling stuffed animals.
In short, I do not think the market will tank, any time soon. However, I do believe it makes sense to lock in hard fought gains, in exchange for a little peace of mind.
Bottom line: I still have about 70% of my assets invested, so I am not exactly jumping off a cliff here with these minor sales.
If you enjoy the content at iBankCoin, please follow us on Twitter
Fucking pussy, but The Fly has been right alot lately.
.
Fly next time you say something about doubting the moon landings, remember this.
http://punditkitchen.com/2009/07/23/political-pictures-nasa-rocket-moron-show/
we landed on the moon? we can’t even launch the shuttle when its raining…
“it’s a small world” ya know……
Good call selling out GLW. It is tanking like a mofo. Are you thinking of getting back into GLW?
Also have a great vacation. Last time you went away on vacation, you still posted alot for the week you were supposed to be away. Hopefully you really stay away from the market this time and away from your legions of followers.
Good idea and be sure to spend all you can in Florida.
Keeps our taxes down.
I don’t want to brag but I’m gonna. I’m up 160% YTD.
Go buy some DVAX under 2
and CSIQ under 16.
Got the DVAX… whattabout SVA, & IMGN?
____
Just bought 10k DVAX @ $1.91…let’s go, Henry!
Fly, in addition to all the other suggestions, a day at Marine World is well worth it…have a great family vacation, and mucho thanks for the RFMD.
IMGN is a thing of beauty. I haven’t been following SVA though.
Henry–kudos to you for buying IMGN at 7.00 less than two months ago. It has been the play of the summer as far as I am concerned. Will it ever stop going up? Unreal.
MEDX Prints $15 on Buy Out.
Thanks Fly. I bought your list of cancer bio-tec stocks couple months ago. I’m en fuego!
ARIA + 41% today!! Caliente!
Sierra, what happened to the White Squall?
lol.
Is FTK’s run still not dun?
Is anyone but me and Senor Tropicana (the majority shareholder, I believe… are you on the board yet?) still holding any of this dog?
Fly, buddy, seriously, you have to e-mail me prior to your exodus from FTK…
I mean, I think you control at least a full day’s worth of volume… letting me front-run my piddling little position won’t do you any harm and it’ll go a long way towards replacing my ’86 Casio…
While you’re in the Magic Kingdom, please tell Minnie I better not have to come down there again to get my money… and there ain’t no ‘working it off’ this time around… but I need to give her a new routing #… I don’t trust my UBS account anymore…
This guy on Bloomberg has lost his fucking mind…….. let’s see here….hummmm, on the payroll for who?
I hold a lot of FTK also. Fly won’t sell until it hits $2.50+.
20k FTK at $2.65.
I also hold FTK.
The Fly said he is holding until 3.00. I need 3.18 for b/e.
Dumped it today at 1.92