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

STEPPING-OFF!

I’ve been raising cash through a variety of methods this morning, as it is my right to do so.

Let’s review my train of thought, if you have a moment to spare, kind sir.

I am up 17% for the year and it’s still January.

I am up 17% for the year and it’s still January.

I am up 17% for the year and it’s still January.

I am up 17% for the year and it’s still January.

I am up 17% for the year and it’s still January.

That just about sums it up.

In other news, both SODA and GMCR are climbing. For now, those stocks are off limits. EVERYTHING else is for sale, including this fucking blog.

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13 comments

  1. dk

    was that you dumping some GSVC earlier?

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  2. xxxHuggieBearxxx

    damn you should just chill until their is a proper dip to be bought. I am down 2% on the year and in mostly cash, with a few spy puts, a bit of SKF, and some GDXJ bought this morning on Jakes reco.

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  3. Jakegint

    I think you left a last paragraph off…

    Off to aggregate funds for a spanking new Viking Range!

    ________

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  4. Johnny 5

    How much for dee blog?

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  5. JTU

    No mention on your thoughts regarding GSVC?

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    • TMoe

      I think Fly has already laid out his strategy on GSVC multiple times. —
      Accumulate at every opportunity and sell right before Facebook IPO

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  6. chuck bennett

    @jtu, your asking the wrong question mate.

    ax him if he is worried he might get FTK’d on this thing as it could very well swing to the upside.

    regards

    chuck

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  7. tom

    Look at the what % Facebook is of GSVC’s holdings. Then ask yourself, did the increase in valuation between private market and IPO fundamentally warrant a 20% jump in GSVC’s stock price? This thing is trading purely on hype. I’m not ruling out another surge, but I’m glad I sold at $17.90 on Friday.

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  8. chuck bennett

    @tom, you might be correct. However, supply and demand/ will a 100% move on 40.00 FB paper warrant a 80.00 price?

    Twitter will be just as big I believe.

    regards

    chuck

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  9. Yabollox

    Maybe better to buy the facebook IPO. I’m getting some cash ready for that.

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