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
23,463 Blog Posts

SUPER LEVERAGED

I like my chances here, leveraged long, very long, into Halloween. That’s right, ladies and gents, “The Fly” is leveraged long at 130% of assets, pushing the envelope as far as he can, for the explicit purposes of gluttony. I want MOAR gains and I want them now. I don’t want to wait for them to fall into my lap; I want to snatch them, like a purse–from an elderly woman  in a wheeled chair.

Don’t read any further than the next sentence. My largest positions are YELP, BALT,TRLA, MODN and NSTG.

Now get the hell out of here.

 

If you enjoy the content at iBankCoin, please follow us on Twitter

27 comments

  1. bood

    first

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. patrick

    Fly, do you think ANGI is a good long term buy at these levels?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • The Fly

      I don’t like the way its been trading, so not yet.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • sethster99

        ANGI has a terrible business model. Who is going to pay $50/year for something they can get for free from YELP?

        As with anything on the internet, there is the 800 pound gorilla and then everyone else. YELP is the gorilla in this space. I wouldn’t want any part of their competitiors.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • The Fly

          wrong.

          ANGI is barnone the best review site for contractors and has loads more reviews than YELP.

          Their real money is made from contractors.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
        • kdog

          I wouldn’t go to YELP to find a contractor. At least not yet. There aren’t enough reviews on Yelp for home services.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  3. ecchymosis

    What is your target for MODN?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. bood

    nice to see mt BALT belt holding this well around a -0.50% index opening..;)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. matt_bear

    yelp is for food and pizza joints. reviews are college kids with selfie avatars trying to come up with witty analogies about how the food does “X” in their mouth.

    Angi is for when you need a professional to come in and remodel your bathroom with expense marble and granite. The white glove install…very ibankcoin.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. fryguy15

    Fly – I’m surprised that NSTG is one of your bigger positions. I’m in the stock and it bugs me how thin it trades… and I’m sure I’m smaller in it than you. You never posted much about it. I like it because of Prosigna mainly and NCounter to some extent. Would love to hear your thoughts.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. teslawasright

    Target on BALT?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. mtpennybags

    Just to brag. If you noticed that I said I was long PRKR for the squeeze plays. Banked serious coin! Best trade I’ve ever made!!!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. bood

    oncy is setting up

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. matt_bear

    afternoon cuban coffee time.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • tradercaddy

      And some Guava & Cheese pastelitos to go with the Cafe Cubano.
      My favorite duo when I worked many years ago on Flagler and 1st in Miami.

      • 0
      • 0
      • 0 Deem this to be "Fake News"