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
23,433 Blog Posts

In My Own World, Going For the Win

The market is never going to pullback. Having said that, just 35% of stocks are up today. I am immune to this pikerism, as 90% of my holdings are higher, which means I am either a genius or knee-deep in late stage rally plays. Being that I’ve already established myself to be a genius, I know the latter is true, ironically.

I do not want to throw a wet towel on your cocaine party. We all enjoy a good drug infested extravaganza. But this isn’t sustainable. Whoever is buying SCTY up here should be shot.

Nonetheless, I, myself, own a good deal of “heroin stuck in arm” stocks and will need to unwind these positions in a blink of an eye.

Whenever the market decides to rest, these gambler stocks will be mugged for 10% inside of a day. But that’s just the conservative side of me, HORATIO CLAWHAMMER, talking smack. The personality directing my positions is shooting midgets out from carnival cannons–long ANFI, FRO,  CZR, RBCN, JRCC, VHC etc.

Over the last few days, I’ve made millions of dollars and now sport gains upwards of 24%. Taking profits during this profligate period of extreme excess is not only recommended, but suggested.

I, however, will ignore my own advice and continue throwing dice–laughing and crying like a manic drunk off 100 cups of coffee.

 

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10 comments

  1. clegger_2000

    SCTY has been a absolute beast…

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  2. chivo

    can’t blv u sold wfr!

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  3. tomkid

    The second you begin bragging about $ gains & % gains you get crushed in the nutsack… at least I do

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  4. Mike

    rbcn is your bastard child right now…….

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  5. Doug Kass

    My gnome tells me Tepper to be on CNBC tomorrow morning…and he will be cautious about markets!

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  6. Scott

    Do you need a series 7 license to manage money?

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  7. oldmantrader

    Thank you for FRO. I have been frustrated trying to short this levitating beast of a market and was in need of a win. 14% gain . Thank you kind sir

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