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Dr. Fly
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
23,419 Blog Posts

Pulling Some Coin Out of VHC and Tossing It into the Oven

Dr. Fly Tue Feb 12, 2013 3:15pm EST 9 Comments

I sold off a portion of my VHC position for three reasons.

1. It was 30% of my assets.

2. I was up 18%.

3. I have another place to put the money and I am 100% long.

 

Don’t believe that I’ve lost confidence. However, it goes without saying, I warned you many times that I’d sell VHC to finance my thesis trades. I will do exactly that.

Stay tuned for new buy.

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9 comments

  1. jtizzle
    jtizzle
    February 12, 2013 at 3:20 pm

    INTC?

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  2. drummerboy
    drummerboy
    February 12, 2013 at 3:41 pm

    lpx?

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  3. drewdog12380
    drewdog12380
    February 12, 2013 at 4:01 pm

    WEAK!!!

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  4. eagle
    eagle
    February 12, 2013 at 4:14 pm

    $BWLD

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  5. AJR
    AJR
    February 12, 2013 at 4:14 pm

    $RGLD

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  6. Belly of the Beast
    Belly of the Beast
    February 12, 2013 at 4:37 pm

    Ok, before you scoff, give a counterpoint for each point. Would you scoff if Rome gets destroyed in several years ?

    This is more than a calendar expiring:

    http://www.youtube.com/watch?feature=player_embedded&v=zfJTTdD95aM

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  7. Regsho
    Regsho
    February 12, 2013 at 4:50 pm

    Aren’t we expecting the news any day now?

    I sold a stock yesterday and it’s up 45% today (I also had to buy myself a new keyboard as a result).

    I don’t want that to happen again.

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  8. FoorYourSuccess
    FoorYourSuccess
    February 12, 2013 at 7:06 pm

    250K transaction after hours. 17:03 #timestamp. 😉

    http://www.nasdaq.com/symbol/vhc/after-hours#.URrYU5Y8CSo

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