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
23,446 Blog Posts

Fly Sell: WNR, DVR, ULTA, DECK, BZH, PFCB, FSII, BAC

Clearing the shelves. Going to 85% cash.

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26 comments

  1. Mike

    out of WNR before earnings???

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    • A Mönkey with a Pile of Dollar Bills that Smell Like Refined Oil
      A Mönkey with a Pile of Dollar Bills that Smell Like Refined Oil

      PUSSY!

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  2. xxxHuggieBearxxx
    xxxHuggieBearxxx

    UHOH

    I am down 2% today already…fuckers.

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  3. FIG

    and what about PSUN?

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  4. JTU

    Holy Shit!!!!!
    Panic Mode?

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    • j

      There’s serious reason to worry. If they fuck Italy which has a primary surplus then all of Europe is fucked and if Europe is fucked Japan won’t be far.

      This debt shit is seriously worrying.

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  5. wilmer

    How long can a man of your proclivities stay in cash?

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  6. Trading Nymph

    I got my US Dollar at 76.00…we just need to hold it.

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  7. FIG

    Come on now Fly. You must have been reading too much Zerohedge last week. This is not the end game. You know that the endgame always happens in the fall. The drama just gets worse and worse as time goes on.

    So… things are getting a little scarey now. You already know how this ends. Zerohedge has the endgame right, they just have the timing off. This is going to be another buying opportunity. No reason to get scared and trade out of long term holds. If you are only looking to swing trade, then yes, this is time to sell.

    But this is not the end. We will have another round of QE this fall as a last hoorah for the Fed. If you haven’t been buying art, well, you have sorta missed the boat, but you can still retain your wealth by doing it now. You could also buy silver and gold, but I wouldn’t buy too much of it.

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  8. DontGloat

    Idiots selling. You should be buying at 10:10CST.

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  9. drummerboy

    jesus christ, the old lady is making gravy ,no way is this the end

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  10. Yoda

    It was a smart time to sell WNR over $20 anyway after it basically skyrocketed 20% in a straight line. I’m sure he’ll be buying again with both hands before you know it.

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  11. Mike

    crack spreads…34.50…wnr still booking profits regardless of calamity at hand…I will hold long and strong

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  12. William The Conqueror
    William The Conqueror

    Be sure that all of you have your trading cash in actual cash and not in a sweep to a money market account.

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  13. jorge

    Mssr. Fly,
    Why sell all WNR as soon as it pokes thru it’s 5ish month channel? Why not hold onto a few shares on the b/o?

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