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
23,435 Blog Posts

Shuffling the Chairs

The HMS “Fly Will Kill You, Bitch” is in the process of making a grande bet. It’s a bet, no matter how well sourced the research is, with regards to market reaction. Meaning: even if you knew what tomorrow’s news paper will say, there is no guarantee how the market will interpret said news. Nevertheless, it’s time for Le Fly to take a stab, man up, and hit for the fences.

I’ve been ebbing between small gains and losses, ever since my YELP triumph. That victory got me back in the game; but I haven’t done much to advance my cause since then.

With year to date gains over 20% and 15% of my assets in cash, I am preparing (BEHOLD!) to get aggressive and get long a name into earnings.

In other news, I sold out of JACK, as it did nothing on good earnings. I don’t like that shit.

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23 comments

  1. OG

    I will await the email.

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  2. vking

    I’m selling my IDCC at $36.00

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  3. chivo

    why not toss a few hundred K on black ?

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  4. Donkey Arbitrageur
    Donkey Arbitrageur

    I do not mean to spoil the surprise, but I am buying the same jewel:

    Alpha Bank, based in Athens, Greece.

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  5. Oldkingcoal

    5th Birthday of the Finanical Crisis
    9 August, 2007: Dow crashes 387 as contagion spreads after the European Central Bank provides emergency liquidity to the credit markets for the first time since the 9/11 terrorist attacks, acting to prevent contagion from the US sub-prime mortgage slump spreading through the German, French, and Dutch banking systems

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  6. OG

    Great day just went flat because of YELP. Wtf…

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  7. Dog

    Could it be more VHC?

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  8. Yodel

    You’re all degenerate riverboat gamblers.

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    • The Plumbers Crack
      The Plumbers Crack

      Riverboat, shit that’s classy! Thanks for the complement!

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  9. ruggyup

    Do not write off GTAT just yet. Publicly fronting their LED business is some people’s main attraction – solar.
    China has increased its solar installations target for 2015 by 40% to 21 GW in a move that could boost its struggling local solar industry. The National Energy Administration increased the target from 15 GW last year to 21

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  10. Kirby

    I’m riding NVDA into the close. Anyone else long thru earnings?

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  11. Juice

    go buy some lumps’o coal … they seem to have , dare I say, bottomed

    not advice nor a recommendation .. 8)

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  12. Aaron Ashcraft

    Time to buy $SPPI?

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  13. Jean-Paul

    Legacy Oil – LEG.TO , up up ! QR at 4 today…

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  14. Spooky

    ELLI for the $100 roll

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  15. W.K.L.

    Hot, hot, hot it’s not. Mild L.A. Summer’s an investor’s paradise.

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  16. W.K.L.

    In a private, con-glom-free environment.

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  17. Nefarious Rapscallion
    Nefarious Rapscallion

    E trade. YES, ( no marv)

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