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Trading with The Fly

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
23,466 Blog Posts

Restoring The Devil’s Good Name

Dr. Fly Tue Apr 2, 2013 7:29pm EST 14 Comments

Several weeks ago I besmirched The Devil for plaguing me with a stock named CALL. I booked a 20% loss just one week after he “gifted” it to me.

Lo and behold, I marked the bottom in the downturn. The company reported stellar numbers and is ripping higher. In this instance, I was the weak hand that got flushed and he banked coin. It happens to the best of us.

It’s also worth noting, his intra-day call to buy UNXL in The PPT appears to be paying instant dividends, with the stock up 10% on invisible news.

I hope The Devil accepts my apologies, as I repeat them 10,000 times.

NOTE: His latest pick, aside from UNXL, is CiMT.

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14 comments

  1. clegger_2000
    clegger_2000
    April 2, 2013 at 8:06 pm

    Do you think CLF will go bankrupt?

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  2. flyaway18
    flyaway18
    April 2, 2013 at 8:42 pm

    Chuck B was taking a tongue-lashing from some PPT members today for his running commentary on VHC the past few months. Peeps who “follow” others’ buys should not be casting aspersions without looking into a mirror first, as one PPT member later commented. Same old same old though when money is lost, easy to blame someone else for the pain.

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    • clegger_2000
      clegger_2000
      April 2, 2013 at 9:00 pm

      Quick question for you; Was Chuck just commenting on VHC for his own trading or was he actively promoting the stock to others?

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      • flyaway18
        flyaway18
        April 2, 2013 at 10:00 pm

        I’m not in there enough to comment.. In the PPT, if you type in the stock ticker, you can read comments on a specific stock as far back as you want. l only scrolled back a couple of pages to see what the fuss was about. It appeared another PPT member was irked at Chuck laughing about VHC’s decline today. Maybe some other members can comment more fully about it.

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      • The Fly
        The Fly
        April 2, 2013 at 10:34 pm

        Chuck manages money. He’s had some really good picks and some bad ones.

        This was a bad one.

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    • Mr. Partridge
      Mr. Partridge
      April 2, 2013 at 9:57 pm

      Hey partner,
      I am pissed for selling DUST today.. pissed.. pussy trade 🙁
      got to buy it back..

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      • flyaway18
        flyaway18
        April 2, 2013 at 10:01 pm

        Hey you! Sentn you a couple of e-mails and waiting to hear your thoughts!

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    • mad_scientist
      mad_scientist
      April 2, 2013 at 11:20 pm

      Except that’s not what “M” (I don’t know if he wants to be pointed out by name here) was saying at all. You have the situation totally wrong.

      I agree with certain people who are annoyed with the “intimations” more than anything else. Pump all you want (and we all get stuff wrong) but stop with the “I know something” horseshit, is all. At the time it was just annoying, but now – after what happened to VHC shortterm – it’s pure horseshit.

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  3. widespread panik
    widespread panik
    April 3, 2013 at 8:37 am

    Fly, PLEASE have regular commentary on the “Devil” and his picks. I love the guy whoever he may be and have banked pretty good coin following his picks vicariously through you. Do you have a special Devil section within the PPT?

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