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
23,460 Blog Posts

There is Nothing Wrong with Making Money Every Day

I am up 16% for the year and the idea flow keeps coming. I have people from all over offering up ideas, reminding me to be careful. That being said, I have 110% long exposure here, which would be 140% if not for my shorts in CCL, AG and JCP. Essentially, I’ve run out of money and can’t do anything, unless I shuffle the deck.

Even after today’s moves, I am up double digits in both my JCP and AG shorts. If given the chance, I might short CMG here, after hearing rumors that comps went negative. But then again, I am skeptical of anyone offering up such information as to what the motives might be, considering the stock is up so much.

I have another idea, this one delivered at my door from the Devil himself. However, I cannot relinquish it to you just yet. It’s for closers only.

I got my Carl Icahn (HLF) going up and everything else seems to be falling into place, rather methodically, without any semblance of volatility. It’s a serene feeling of calmness, as $1,000 bills whistfully falls onto the meadow, bestowed and reserved only for the very brightest and the best wall street has to offer.

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9 comments

  1. bco

    FLY did you see NAV today? wow

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  2. Virtue919

    Fly, you should ask Jesus for some trading ideas. I hear he gives better, more generously than the devil. Just sayin’.

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  3. pgwarner

    “I cannot relinquish it to you just yet. It’s for closers only.” A classic! I love it!

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  4. Martha Stewart

    Banking coin every day is a good thing, no?

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  5. Tom

    I have another idea, this one delivered at my door from the Devil himself ARE U TALKING ABOUT GEORGE BUSH???

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  6. flyaway18

    Congrats on your victories. I am a bit puzzled re: a story that says RIG officials say Ichan’s demand for a $4 annual dividend is overly aggressive and that the one for $2.15 annually is more in line. The company suspended the dividend in March of 2012 unless it has been re-instated and I missed it.

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  7. el_roi

    nice work fly,

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  8. Rhino

    I’ve been looking to get back into CMG short as well. The name has the eatery typical good March seasonality, so I’m waiting for a short squeeze to setup a max profit point of entry.

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