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
23,518 Blog Posts

Momentum Monday, the Inverse Edition

I don’t need to recap what you see in front of your faces. I’m not starving for page clicks or retweets, sucker. I have my own money. Anything momo is getting lit today. If you stepped into today leveraged long into social media stocks, you’re not feeling very jovial right now.

On the other hand, my ANGI is working the street today.  I took her from another iBC pimp, Option Addict, on Friday–even though I was in it first. I bulked up on her on Friday and rode it down into the bell.

I’m good at skiing downhill.

All eyes on EGLE for me. I got the feeling it will fly again. Give it some time.

I sold off some POWI and more IMMR. I am almost completely out of IMMR. Considering the size of my position, the stock has behaved well into my selling.

Bottom line: if you missed out on TRLA, YELP, GOGO, Z and others, now is your chance to start edging in. Remember, Twitter is coming.

 

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15 comments

  1. ripper

    buying QIHU for 100 dollars.
    getting a bit hit in OWW and IMMR.(will buy more of both)

    BDI another +2%

    FLY, how about SHLD?

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  2. og

    P looks like a no brainer short. The only thing that can fuck this up for me is a buyout.

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  3. duckkell

    BBRY halted

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  4. gatorsun

    POT would get some .im long

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  5. j livermore

    $EGLE will close at 7.25 today.

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