When I sold SHLD and bought GOGO, I figured it would trade flat to down, since it was in a downtrend. The primary and only reason why I started a position in the stock is because I like the business. I had been long from $12, took profits too quickly, and figured I’d buy it sub $25. I intended to double down at $20. GOGO is not like my other burrito plays. It is a core thesis play that got away from me, like YELP, and now I am reclaiming it.
The fact that it shot higher by 10% after I bought it is only gravy. I am in it for more and will add to my position on weakness.
Speaking of weakness, TXTR succumbed to another Citron Research report. I will add to my position if TXTR drop another $3.
We’re all amazed with MDBX and I’ve been watching it since $12. It is on one of those mind-bending runs that defies reason, sort of like PLUG. I believe we can get such a run in a number of my positions, from BALT to RBCN to LITB. Maybe not as extreme as MDBX; but there is massive upside potential for pretty much all of my high beta plays, which now dominates the bulk of my holdings.
Frankly, my BETA is way too high. I am aware of the fact that anyone with $100 million to invest would be scared out of their suspenders by my investing style, and that’s okay by me. I am the perennial start up, bigger than most, much smaller than the biggest. My eagerness for expansion has its limitations and I’d much rather parlay my time around the internets or with friends/family than flying on airplanes to shuck and jive with prospective clients who I’d much rather hate than break bread with.
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sorry to ask, but did RBCN do a secondary today?? $28 mil ?
Yes. One day set back for rbcn
i was really looking at another entry point. i guess tomorrow is it. thanks
intraday I was up 27%. Finished at 24%. Just comically stupid money being made to start the year, while I listen to others grumble about being red. Now I lay here reading ibankcoin on my iPhone while my 2 week old boy naps on my chest. Life is fantastic. I wish I could enjoy this moment for as long as possible.
Hope it continues for you. We have a long year ahead of us.
Only 18% on the day for me…but that 18% equates to about 30% of my annual salary that requires a college degree and some years of experience…hmmm…what am I doing! I must temper the enthusiasm, though, as most of this 18% has not yet been realized…it’s all on paper until I close the positions.
I’m sure my 18% pales in comparison to The Fly’s .64%…but maybe someday I can close that gap. Many thanks to the contributors here…today we celebrate.
18% is all well and good.
Enjoy
yoshii11- As I’m sure you know, these percentage of account gains are not likely to continue unabated. There will be losses and they may occur in a row. Not to be negative here, of course. Best wishes, and good fortune to you.
Sell everything
Which one of the multiple personalities is speaking?
Don’t let him nap too long- or else it will be a long night.
Let him watch Cramer (or the Three Stooges ) for awhile.
^^^ for matt_bear
“Let him watch Cramer (or the Three Stooges ) for awhile.”
Cramer & three Stooges…..one and the same. 😀
congrats matt
ditto via the_wolf
@________matt_bear
I looked at S&P returns after a 20% year, taking out years preceded by recessions the average was 16.5%, with only 2 years not in double digits. Bullish.
You are just killing it Fly. Keep it up and go BALT!