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
23,427 Blog Posts

A Perfect Time to Shuffle the Deck

I sold out of IMUC for a tragic 13% loss. It was a small position and I didn’t feel like owning it anymore. Do you know why? Because when markets roar, I like to own offal. On the other hand, when markets decline, I like to be in a position to buy all of the stocks that ran too far when the market was roaring.

In this case, I’ve selected three stooges: WDAY, FEYE and SPLK.

Sure, these stocks might trade lower on me and debilitate my ability to reason in a rational manner. It’s equal to divorcing your wife for a young hotty, only to have her ditch you–immediately thereafter. Sometimes it’s better to keep the olde battle ax, avoid attorney fees and unseemly break up expenses.

At any rate, I think it’s clear to all market participants that the market is weak (extra UUUUkraine). I will be using this weakness to raise cash in losers and/or winners that are not central to my diabolical plans for world destruction. It goes without saying, you should prepare to witness “The Fly” shuffle the deck a bit, if I might be so bold.

http://www.youtube.com/watch?v=naBuQmFdkv4

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14 comments

  1. acehood1

    Hopefully EZPW will wake up soon.

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  2. teslawasright

    The Fly is masquerading as a feeble man, Yet he is middle upper tier Royalty

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  3. Marc David

    When we all move onto the next crisis… what happens to those beat down Russian stocks?

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  4. ripper

    much better photo of robert chapman

    http://dealbreaker.com/images/entries/BobChapman1.jpg

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  5. mr. president

    Le Fly,

    With the new album out, should we expect some lovely music from Mr. Richard Ross, esq.?

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  6. metalleg

    Looks like people are running for the exits. WTF? No one wants to be long going into the weekend maybe?

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  7. budh

    I hope the olde battle ax doesn’t read this post.

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  8. it is showtime

    This is why the motives of the tape painting are questionable

    This drop wouldn’t be as significant if they didn’t manipulate up earlier in wk

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  9. rigged game

    Where are all the bulls from 5-7 days ago, who were buying all the obscure shit?

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