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
23,433 Blog Posts

Not Dippy Enough

I am not buying a Friday afternoon dip, following a mammoth run to the upside. That’s plain ridiculous. As a matter of fact, I am selling into this, closing out my CLF position and other loose ends. WNR is up because the stocks Gods favor it. However, just about everything else is lower, especially yesterday’s purchase of MWW. It happens.

With today’s sales, my cash position is above 60%. I am still holding a variety of call options in my personal, including TZA.

In short, go eat a sandwich and enjoy the summery afternoon. There is nothing to do or see here.

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10 comments

  1. The Plumbers Crack
    The Plumbers Crack

    Agreud, going to the beach.

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  2. mhass33

    WNR looks awesome now. Completed a 6 month base and now at 52 week highs. Congrats Fly looks like its got lots more upside

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  3. Yogi & Boo Boo

    Where are the comments? Did they get fired?

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  4. go2mars

    http://www.youtube.com/watch?v=P1FVAjPt88Q&NR=1

    Libya report. Yipes!!!

    10 civilian casualties for every one military casualty in Libya.
    Our fucking tax dollars at work.

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    • Repressed Suburban Father
      Repressed Suburban Father

      That field reporter needs to retire.

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    • Yabollox

      That was an activist talking. He said the Down syndrome center was demolished by Nato bombing, and it served 500,000 children. (?)

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  5. TheMarketAce

    WNR $20….its time to party. Scotch and Cigars. Boats and Hoes.

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  6. speedius

    Wow, the price is right on WNR. Congrats and thanks.

    http://www.youtube.com/watch?v=QsSEB64hJas

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