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Trading with The Fly

Dr. Fly
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
23,433 Blog Posts

Selling the Frenzy

Dr. Fly Wed Jan 15, 2014 12:04pm EST 15 Comments

I am raising cash here because I don’t have any place to put money. Nothing is screaming out to me now, so I might as well take a breather.

Aside from RPTP, there is another biotech that I am very interested in; but it’s up a lot today and I was hoping to buy it lower.

Having said that, the market looks great and there isn’t a reason to sell now. I tend to get uneasy when stocks become very predictable. Also, the last thing in the world that want to do is ride these suckers into earnings.

No thanks.

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15 comments

  1. clegger_2000
    clegger_2000
    January 15, 2014 at 12:06 pm

    Someone is making sex with your TC.

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  2. yipstarr
    yipstarr
    January 15, 2014 at 12:06 pm

    Thoughts on $ICEL?

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  3. matt_bear
    matt_bear
    January 15, 2014 at 12:09 pm

    my GOGO puts are now green. 🙂

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  4. steel man
    steel man
    January 15, 2014 at 12:20 pm

    missed TLOG 3 days ago — now too high

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  5. bood
    bood
    January 15, 2014 at 12:34 pm

    my $eltp forecast (+100% short/medium term , we’re yet near ) has materialized . selling some and some more here .

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    • bood
      bood
      January 15, 2014 at 12:36 pm

      hope others did run the wagon with me from the 014’s..:)

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    • YOU WILL KNOW ME BY THE TRAIL OF BLOOD
      YOU WILL KNOW ME BY THE TRAIL OF BLOOD
      January 15, 2014 at 12:45 pm

      I’ve sworn off those piker-priced companies.

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      • bood
        bood
        January 15, 2014 at 12:51 pm

        this was “T”he time to be in…. many of them ( bio / pharma ) exposed very easy accumulation chart , someone had to pull the trigger before the eventual run.

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  6. bood
    bood
    January 15, 2014 at 12:56 pm

    today my pf has some bloodsuck occurring (but tomorrow it recovers half if not all of it ), luckily $eltp makes it green

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  7. bood
    bood
    January 15, 2014 at 1:00 pm

    /lqmt another one has some nice potential upside from here ( i’m in )

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  8. ripper
    ripper
    January 15, 2014 at 1:06 pm

    look at VEEV. this is going to end badly for some seeking alpha guy.

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