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
23,445 Blog Posts

Trading Around the Core

I haven’t been very active as of late because I am trading around 3 core positions: IMMR, YELP and POWI. Far too many times I’ve watched core positions triple in price without me. So, I’ve decided to have them triple with me.

The non-core positions are designed to fund the core, meant for average downs and ups. Also, it doesn’t hurt to catch quick +10% shooters.

There are some stocks that I have patience for, others I am itching to sell. I have a few new ideas that are burning in my pocket, so I will likely kick out a few losers to finance its purchase.

As unbelievable as it may seem, I am out of cash, leveraged past 125% long–basking in total and absolute winship.

For those of you who are just joining us, after vacationing in some homosexual european country, After Hour’s with The Option Addict is now live and banking extreme coin for its members.

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10 comments

  1. ripper

    great trading/investing fly. sitting tight is really the hardest part.

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  2. matt_bear

    are you prepared to pray or make a sacrifice to the margin call gods?

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    • ripper

      as prepared as McCain making sacrifices to the poker gods in order to triple his GD money at the table.

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  3. sia

    I cannot believe you are not bragging more about YELP! I am up about 15% on that since buying about 2 weeks ago at $48.45.
    Most of it is thanks to you! I plan to sell shortly and take my profits and run, but might be back if there is a pullback (but I also realize this thing can take off without one).

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  4. tradern8

    Looking for the paypal option on AHWOA. Can someone point me in the right direction?

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  5. gatorsun

    Z did the 100 roll….yelp has the same set up..yelp is going to be held until then(that’s my play)

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  6. clock

    ripper says….
    “”as prepared as McCain making sacrifices to the poker gods in order to triple his GD money at the table.””
    ==================
    You mean Blinky McWeasel? 😀 😀

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  7. ottnott

    For the record:
    –awesome run by Fly at 100%+ on the table
    –the Galaxy watch screams Dorrrrrrrrk!
    –loudly
    –it will find permanent residence in the sock drawer after 6 weeks
    –Apple device should be clip-on (like iPod shuffle) or use a neodymium magnet-based attachment
    –let the accessories market create the bands and other means of attaching it to people and objects
    –I wonder if part of the problem at Apple is having Ive tackle the software side of user interface along with the hardware (not to mention the loss of Jobs as sounding board and cattle prod for Ive)

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