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
23,443 Blog Posts

It’s Morning at iBankCoin

We’ve cast away the leaches and the swine, faux allies pretending to like us. There will not be any “joint marketing” plans and I won’t hold my tongue for the sake of some out of touch corporate sponsor. As discussed in the previous post, iBankCoin is going old school, real old, and I will not tolerate any form of disrespect (no StockTwits).

Markets are ripping. What you see in front of your faces is the reason why I opted not to short. Stocks climbing, after chilling out stupid for the past few days. Who would’ve known, besides me?

The CSCO news bodes well for other networkers, like JDSU, FNSR, RVBD, CIEN and contract manufacturer JBL.

I’m sitting here all morning, mustering up the courage to overweight MRVL into earnings, due out tonight. As of now, it’s a 12% position. I am tempted to go 20%, guns blazing, RPG on my back, suicide vest on my chest.

Silver stocks are acting better, but still not great. EXK is my largest position; but I would not add to it here. Instead, look to CTRP (cheap chinese burrito capable of doubling) off the back of the SINA numbers or DECK.

DECK can easily go FOSL on shorts if the winter starts early. Winter is coming, small plebs from the internets. Prepare yourselves.

 

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20 comments

  1. Luv2Gambool

    MRVL good

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  2. vking

    After Lampert is done what will be left of SHLD?

    I hope you do the same thing…I’d BUY iBC stock if it’s core four were FLY,ADMIN,Chess and RG…the rest should be un-loaded…Maybe a little VK as a speculative play…

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    • flyaway18

      I’m going to respond to you the way I would a teen-ager who has just said something inappropriate and inane, and, that is: “Stop acting like a knucklehead.”
      I’m sure if you could perform on par with the blogger staff you’d be a tabbed blogger. You can’t so STFU. (That is my response to your annoying posts)

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      • vking

        sorry…sorry you’re a kiss ass sheep…go be part of the flock

        Here’s what’s inappropriate…i’m wasting my time responding to a dildo…Let’s take this over to the V.Kingdom…sign up now and get a free waffle

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  3. Scott Bleier

    yeah. Nuclear Winter

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  4. ruggyup

    Two little boys pissing in the snow.

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  5. republicat

    Agricultural space, MOS AGU CF – bamboo like growth
    Oil Legos – gushing
    Semis – Where AAPL goes they go

    Utilities and REITs can’t play with TLT sinking

    Chinese pandas – on a diet of Brazilian burritos

    Short mice will lose tails

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  6. Trading_Nymph

    Day not over yet…low volume can give misdirection.

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  7. Shawn

    Deck is the biggest pick.
    The PE is low as hell, and can go from its current 10 to 15 fast.
    The E is low as hell, affected by the lack of winter last year, and can increase 50% fast if adding the explosion of the Sanuk brand.
    The winter is coming.
    This stock can more than double.
    Short interest 9 million, with about 1 million shares trading daily.
    I smell a huge massacre coming.

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  8. john

    Uncertainty is priced in, moreover current price implies negative to flat top line growth. Street estimates have drifted down over the past year and I think the normal mid-cycle pullback risk is behind us. Cons seems conservative to me and I think there is a lot of capital on the side lines waiting to rotate in. You certainly do your due diligence, fly. I see upside but know better than to give financial advice to a SAM. Best of luck with this one.

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