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
23,449 Blog Posts

Buying More Guns

I sold out of UA this morning, following JP Morgan’s initiation and $45 p/t. Fucking shit. I was convinced UA was going higher, until it started to go lower. I don’t have time to dick around and wait for the company to prove JPM wrong, so I’m out.

I nibbled on a little more SWHC. Since it’s a 17% position already, I need to be very selective where I add to the stock. Without a doubt in my mind, this stock will be significantly higher in exactly 3 months.

With more than 20% of cash on hand again, I am looking for one or two degenerate gambles, only for a trade. I am looking for a stock under $10, ready to rip. However, at the same time, I am cognizant that the very fact that I’m searching for such depravity the market may indeed be topping out.

I’ll keep you motherfuckers updated.

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14 comments

  1. acehood

    Under $10, $WNC is holy water.

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  2. cbgraper

    Check out ZLTQ or SB for the hell of it

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  3. jb

    Hi Fly,

    I am still holding MCP and ANR. Can you please give me any thoughts you have on either?

    Thanks!

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  4. jesco_t_cole

    What do you think of a gold mining company kgn its under 5 dollars

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  5. GHams

    When asked about SWHC, Travolta said, “I think you might like it” (http://www.youtube.com/watch?v=iGNIDXUaVts) – no reverse massage.

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  6. The Eye-Talian Stallion
    The Eye-Talian Stallion

    ATML

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  7. Martin

    check out ZNGA for a rip

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  8. asteroids

    I have an eye on MGM. It’s gotta come back a little first.

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  9. Fly Leech

    AMD

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  10. Bill

    JMBA. they managed to get into k thru 12 schools with new icee type smoothie machines, growth here, will have 1500 of these units placed by end of 2013. schools get federal money for child participation in healthy breakfast program , reports show that participation in program has increased substantially with introduction of smoothie machines in schools. ceo from gillette, wanted to reproduce blade and razor model, jamba sells machine at near cost and makes margin on refill packets. new growth driver for company in hot healthy living space. http://www.neontommy.com/news/2012/11/jamba-juices-jambago-machines-pour-school-cafeterias

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  11. Freebie

    Under $10 check out MITK – photo check cashing from phones. Just closed deal with US Bank

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  12. zzzdoc

    how about kwk?

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