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
23,446 Blog Posts

Gamblers of the World Unite

It could be worse. Many of the brand name stocks are down again, but many, many, smaller capped stocks are ripping higher today. Frankly, it has the feel of speculative hubris, people buying stocks because they want to make 20% in a day. These people aren’t real investors, but moonlighters. If you are in one of their stocks that turn from hot to cold, you will get ANGI’d.

Airlines, REITs, 3-D printing. Let’s not forget about the Chinese burritos. Speculation is running strong, with little signs of being abated. People want to make annual sized returns today and they want them yesterday. What does it all mean? Are we setting up for a massive comeuppance?

Perhaps.

But in the meantime, I really like the way my YY is trading.

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6 comments

  1. ripper

    Are you still in ANGI? it’s getting me good today.

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  2. og

    TWTR still looking good and my YGE almost back to even now. Crazy stuff.

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  3. boston george

    niggas getting MURDERED in angi

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  4. herd mentality

    Angie will personally roll out the genital guillotine herself on all the shorts.

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  5. j livermore

    To the urinal … at once !!

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