iBankCoin

Inverse Momentum Monday

All momentum stocks are being dismantled, with exception of a few choice names–IFON being one of them. My SALE is being treated like the fat girl at the end of the bar. It’s awfully reminiscent of how YELP was treated when it first IPOd.

Once again, this is an opportunity to get into some of the top performers, stocks like SPLK, FEYE, CRTO, YELP, as they come in.

What sort of risk appetite do you have? Is it ravenous or a slight tinge of hunger?

All I know is this: IFON is a $10 stock, masquerading at 4ish. All of my other stocks will be much higher too, especially EGRX and FLXN. Let’s not forget about EZPW, GNC, BBBY and MA. I remind you of my positions, even when they are down, to demonstrate–in real time–how winship develops.

As always…DEVELOP…

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15 comments

  1. matt_bear

    i thought IFON was too illiquid for you to dabble in?

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  2. chessNwine

    LoL at title and front page pic combo.

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  3. freebie

    “All I know is this: IFON is a $10 stock, masquerading at 4ish”

    Whenever Fly says something like this, buy it and tuck it away. Even if he sells – hold on. Had we done this over the last 2 years we would be up 300%

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  4. anton

    That Howard Lindzon pic is the new Guy Fawkes mask.

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  5. zookini

    There’s something frothy when you catch your dentist making trades on the phone as you walk in and eagerly ready to talk IPO’s and the “cloud” LOL

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  6. zookini

    Waiting for a high growth muppet fund advised by a team of expert dental surgeons

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  7. snoozemr

    added a bit of FLXN and CNCE today to compliment my EGRX.

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  8. ironbird

    Massive media bear shitting today. Senor Fly, are you looking for a blow off move here?

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  9. kavuri23

    I initiated a Tesla short @ $238. This stock is up 100% since it bottomed at ~$120 back in November. That’s a span of only ~4 months. What do you guys think? Stay out of the way of an upward momentum stock such as this one? I think it’s due for a pullback.

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  10. ironbird

    Cramer could top out the gulf drilling plays. The last time the cnbc morons pumped US energy it tanked the sector. Anecdotal nonsense, but it did happen.

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  11. forgetalpha

    Fly, have you ever looked at FLIR?

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  12. ironbird

    How the fuck does an airplane disappear with todays technology? Apparently no GOGO on the flight or any other way to know where it went?

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