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Trading with The Fly

Dr. Fly
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
23,445 Blog Posts

Fly Buy: UTSI

Dr. Fly Thu Sep 17, 2009 11:07am EST 6 Comments

I bought 75,000 UTStarcom, Inc. [[UTSI]] between $2.24-2.34.

Disclaimer: If you buy UTSI because of this post, when you are sleeping, your dog will go nuts and bite you in the face. And, you may lose money.

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6 comments

  1. Beano
    Beano
    September 17, 2009 at 11:20 am

    Monsieur Fly,

    I have been scaling out of CIEN with the hopes of replenishing at cheaper prices. Will CIEN ever close lower in our lifetime???

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  2. TheArtist
    TheArtist
    September 17, 2009 at 11:42 am

    o-shit, the Hatfields and McCoys of Saudi Arabia are at it again……must be over their goat sharing program?

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  3. HenryFool
    HenryFool
    September 17, 2009 at 11:43 am

    RTK looks like it’s consolidated the recent move.
    I’m going large @ 1.88

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    • Gunners
      Gunners
      September 17, 2009 at 11:50 am

      been waiting for this one for a while now. been going sideways for a while. i’ll buy more on a breakout

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  4. Largebill
    Largebill
    September 17, 2009 at 2:10 pm

    Is that better or worse than having your dog go face and bite you in the nuts?

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  5. rocketman
    rocketman
    September 17, 2009 at 2:49 pm

    thoughts on GU? big volume and not backing down despite market going the other way.

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